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Business Segments - Schedule of Adjusted EBITDA Reconciled to Net Income (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2020
[1]
Sep. 30, 2020
[1]
Jun. 30, 2020
[1]
Mar. 31, 2020
[1]
Dec. 31, 2019
[1]
Sep. 30, 2019
[1]
Jun. 30, 2019
[1]
Mar. 31, 2019
[1]
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]                      
General and administrative                 $ (92,000,000) $ (118,000,000) $ (120,000,000)
Depreciation and amortization                 (45,000,000) (44,000,000) (33,000,000)
Other gain (loss), net                 3,000,000 (3,000,000) (1,000,000)
Interest expense                 (43,000,000) (43,000,000) (30,000,000)
Income tax benefit (expense)                 79,000,000 (57,000,000) (105,000,000)
Equity in earnings from unconsolidated affiliates                 5,000,000 4,000,000  
Impairment expense                 (209,000,000)    
Net (loss) income $ (154,000,000) $ (7,000,000) $ (48,000,000) $ 8,000,000 $ 72,000,000 $ 50,000,000 $ 39,000,000 $ 55,000,000 (200,709,244) [1],[2] 215,695,961 [1],[2] 298,124,983 [2]
Operating segments                      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]                      
Segment Adjusted EBITDA                 169,000,000 590,000,000 692,000,000
Operating segments | Real Estate and Financing Segment                      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]                      
Segment Adjusted EBITDA [3]                 33,000,000 325,000,000 447,000,000
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 [3]                 136,000,000 265,000,000 245,000,000
Segment Reconciling Items                      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]                      
General and administrative                 (92,000,000) (118,000,000) (120,000,000)
Depreciation and amortization                 (45,000,000) (44,000,000) (33,000,000)
License fee expense                 (51,000,000) (101,000,000) (98,000,000)
Other gain (loss), net                 3,000,000 (3,000,000) (1,000,000)
Interest expense                 (43,000,000) (43,000,000) (30,000,000)
Income tax benefit (expense)                 79,000,000 (57,000,000) (105,000,000)
Equity in earnings from unconsolidated affiliates                 5,000,000 4,000,000  
Impairment expense                 (209,000,000)    
Other adjustment items(2)                 $ (17,000,000) $ (12,000,000) $ (7,000,000)
[1] The sum of the earnings per share for the four quarters may differ from annual earnings per share due to the required method of computing the weighted average shares in interim periods.
[2] Net (loss) income for years ended December 31, 2020, 2019, and 2018 was ($200,709,244), $215,695,961, and $298,124,983, respectively.  
[3] Includes intersegment eliminations. Refer to our table presenting revenues by reportable segment above for additional discussion.