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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Total revenues $ 894,000,000 [1] $ 1,838,000,000 [1] $ 1,999,000,000
Expenses      
General and administrative 92,000,000 118,000,000 120,000,000
Depreciation and amortization 45,000,000 44,000,000 33,000,000
Impairment expense 209,000,000    
Total operating expenses 1,139,000,000 [1] 1,523,000,000 [1] 1,565,000,000
Interest expense (43,000,000) (43,000,000) (30,000,000)
Equity in earnings from unconsolidated affiliates 5,000,000 4,000,000  
Other gain (loss), net 3,000,000 (3,000,000) (1,000,000)
(Loss) income before income taxes (280,000,000) [1] 273,000,000 [1] 403,000,000
Income tax benefit (expense) 79,000,000 (57,000,000) (105,000,000)
Net (loss) income [2] $ (200,709,244) [1] $ 215,695,961 [1] $ 298,124,983
(Loss) Earnings per share:      
Basic $ (2.36) [1] $ 2.43 [1] $ 3.07
Diluted $ (2.36) [1] $ 2.42 [1] $ 3.05
Sales of VOIs, Net      
Revenues      
Total revenues $ 108,000,000 $ 509,000,000 $ 734,000,000
Sales, Marketing, Brand and Other Fees      
Revenues      
Total revenues 221,000,000 573,000,000 570,000,000
Financing      
Revenues      
Total revenues 165,000,000 170,000,000 158,000,000
Expenses      
Expenses 53,000,000 53,000,000 49,000,000
Resort and Club Management      
Revenues      
Total revenues 166,000,000 191,000,000 172,000,000
Expenses      
Expenses 36,000,000 46,000,000 47,000,000
Rental and Ancillary Services      
Revenues      
Total revenues 97,000,000 227,000,000 218,000,000
Expenses      
Expenses 107,000,000 147,000,000 133,000,000
Cost Reimbursements      
Revenues      
Total revenues 137,000,000 168,000,000 147,000,000
Expenses      
Expenses 137,000,000 168,000,000 147,000,000
Cost of VOI Sales      
Expenses      
Expenses 28,000,000 127,000,000 210,000,000
Sales and Marketing      
Expenses      
Expenses 381,000,000 719,000,000 728,000,000
License Fee Expense      
Expenses      
Expenses $ 51,000,000 $ 101,000,000 $ 98,000,000
[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.