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Business Segments - Schedule of Adjusted EBITDA Reconciled to Net Income (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
General and administrative $ (22,000,000)   $ (30,000,000)   $ (43,000,000) $ (57,000,000)
Depreciation and amortization (11,000,000)   (12,000,000)   (23,000,000) (20,000,000)
Other loss, net (3,000,000)   (1,000,000)   (1,000,000) (2,000,000)
Interest expense (12,000,000)   (11,000,000)   (22,000,000) (21,000,000)
Income tax benefit (expense) 8,000,000   (15,000,000)   7,000,000 (35,000,000)
Equity in earnings from unconsolidated affiliates 1,000,000   2,000,000   4,000,000 3,000,000
Net income (loss) (47,751,330) [1] $ 8,000,000 38,624,856 [1] $ 55,000,000 (39,924,584) [1] 93,692,657 [1]
Operating segments            
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
Segment Adjusted EBITDA 1,000,000   135,000,000   71,000,000 280,000,000
Operating segments | Real Estate and Financing Segment            
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
Segment Adjusted EBITDA [2] (14,000,000)   69,000,000   1,000,000 149,000,000
Operating segments | Resort Operations and Club Management Segment            
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
Segment Adjusted EBITDA [2] 15,000,000   66,000,000   70,000,000 131,000,000
Segment Reconciling Items            
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
General and administrative (22,000,000)   (30,000,000)   (43,000,000) (57,000,000)
Depreciation and amortization (11,000,000)   (12,000,000)   (23,000,000) (20,000,000)
License fee expense (6,000,000)   (26,000,000)   (28,000,000) (49,000,000)
Other loss, net (3,000,000)   (1,000,000)   (1,000,000) (2,000,000)
Interest expense (12,000,000)   (11,000,000)   (22,000,000) (21,000,000)
Income tax benefit (expense) 8,000,000   (15,000,000)   7,000,000 (35,000,000)
Equity in earnings from unconsolidated affiliates 1,000,000   2,000,000   4,000,000 3,000,000
Other adjustment items [3] $ (4,000,000)   $ (3,000,000)   $ (5,000,000) $ (5,000,000)
[1] Net income (loss) for the three months ended June 30, 2020 and 2019 was $(47,751,330) and $38,624,856, respectively, and for the six months ended June 30, 2020 and 2019 was $(39,924,584) and $93,692,657, respectively.
[2] Includes intersegment transactions. Refer to our table presenting revenues by reportable segment above for additional discussion.
[3] For the three and six months ended June 30, 2020 and 2019, this amount includes costs associated with restructuring, one-time charges and other non-cash items.