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Business Segments - Schedule of Adjusted EBITDA Reconciled to Net (Loss) Income (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 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)     $ (65,000,000) $ (87,000,000)
Depreciation and amortization (11,000,000)     (12,000,000)     (34,000,000) (32,000,000)
Other gain (loss), net 1,000,000     (1,000,000)       (3,000,000)
Interest expense (10,000,000)     (12,000,000)     (32,000,000) (33,000,000)
Income tax benefit (expense) 5,000,000     (20,000,000)     12,000,000 (55,000,000)
Equity in (losses) earnings from unconsolidated affiliates (1,000,000)     1,000,000     3,000,000 4,000,000
Net (loss) income (6,846,654) [1] $ (48,000,000) $ 8,000,000 50,000,000 [1] $ 39,000,000 $ 55,000,000 (46,771,239) [1] 144,352,584 [1]
Operating segments                
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]                
Segment Adjusted EBITDA 45,000,000     156,000,000     116,000,000 436,000,000
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] 15,000,000     94,000,000     16,000,000 243,000,000
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] 30,000,000     62,000,000     100,000,000 193,000,000
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)     (65,000,000) (87,000,000)
Depreciation and amortization (11,000,000)     (12,000,000)     (34,000,000) (32,000,000)
License fee expense (11,000,000)     (26,000,000)     (39,000,000) (75,000,000)
Other gain (loss), net 1,000,000     (1,000,000)       (3,000,000)
Interest expense (10,000,000)     (12,000,000)     (32,000,000) (33,000,000)
Income tax benefit (expense) 5,000,000     (20,000,000)     12,000,000 (55,000,000)
Equity in (losses) earnings from unconsolidated affiliates (1,000,000)     1,000,000     3,000,000 4,000,000
Other adjustment items [3] $ (3,000,000)     $ (6,000,000)     $ (8,000,000) $ (11,000,000)
[1] Net (loss) income for the three months ended September 30, 2020 and 2019 was $(6,846,654) and $50,659,927, respectively, and for the nine months ended September 30, 2020 and 2019 was $(46,771,239) and $144,352,584, respectively.
[2] Includes intersegment transactions. Refer to our table presenting revenues by reportable segment above for additional discussion.
[3] For the three and nine months ended September 30, 2020 and 2019, this amount includes costs associated with restructuring, one-time charges and other non-cash items.