Income Taxes	6 Months Ended
Jun. 30, 2016
Income Taxes [Abstract]
Income Taxes	10. Income Taxes Prior to May 1, 2015, BFC, BBX Capital and Bluegreen filed separate tax returns with the Internal Revenue Service and maintained a valuation allowance against certain deferred tax assets. As a result of the increase in BFC’s ownership interest in BBX Capital in connection with the purchase of additional shares of BBX Capital’s Class A Common Stock during April 2015, BFC now files a consolidated group tax return which includes the operations of BBX Capital, Woodbridge and Bluegreen. During the quarter ended June 30, 2015, BFC evaluated positive and negative evidence available, including the ability to file a consolidated return with BBX Capital, Woodbridge and Bluegreen, the expected future reversal of existing taxable temporary differences, and expected future taxable income (primarily of Bluegreen) exclusive of reversing temporary differences and carry forwards. Based on such evaluation, BFC determined that it was more likely than not that it would be able to realize certain deferred tax assets against which it had previously carried a valuation allowance. As a result, in consideration of the expected realization of deferred tax assets, BFC released a portion of its valuation allowance and recognized a $92.3 million benefit for income taxes for the three and six months ended June 30, 2015. Provision for Income Taxes BFC’s combined estimated annual effective income tax rate was approximately 47.4% for the six months ended June 30, 2016. BFC’s effective tax rate was applied to income before income taxes reduced by net income attributable to noncontrolling interests for joint ventures taxed as partnerships. The estimated annual effective tax rate was higher than the U.S. federal statutory rate primarily due to state income taxes and non-deductible expenses. For the period from January 1, 2015 through April 30, 2015, BFC’s effective income tax rate was 39%. During this period, the estimated annual effective tax rates were based upon Bluegreen’s separate estimated annual effective tax rate as BFC, BBX Capital and Bluegreen filed separate tax returns. For the two months ended June 30, 2015, as a result of the change in the consolidated tax status of the Company, the combined annual effective tax rate was estimated at 4%, which takes into account the tax benefit arising from the release of a portion of BFC’s deferred tax asset valuation allowance discussed above. Bluegreen In August 2015, Bluegreen received notice from the Internal Revenue Service that its Income Tax Return for the year ended December 31, 2013 was selected for examination. In September 2015, the examination was extended to include the tax year ended December 31, 2012. In October 2015, the examination was further extended to include payroll taxes for the year ended December 31, 2013. In April 2016, Bluegreen received notification from the Internal Revenue Service that the 2013 payroll tax examination was closed with no adjustments. In May 2016, Bluegreen received notification from the Internal Revenue Service that the examination for the tax years ended December 31, 2013 and 2012 was closed with no adjustments. Certain of Bluegreen’s state filings are under routine examination. While there is no assurance as to the results of these examinations, Bluegreen does not currently anticipate any material adjustments in connection with these examinations.

10. Income Taxes

Prior to May 1, 2015, BFC, BBX Capital and Bluegreen filed separate tax returns with the Internal Revenue Service and maintained a valuation allowance against certain deferred tax assets. As a result of the increase in BFC’s ownership interest in BBX Capital in connection with the purchase of additional shares of BBX Capital’s Class A Common Stock during April 2015, BFC now files a consolidated group tax return which includes the operations of BBX Capital, Woodbridge and Bluegreen. During the quarter ended June 30, 2015, BFC evaluated positive and negative evidence available, including the ability to file a consolidated return with BBX Capital, Woodbridge and Bluegreen, the expected future reversal of existing taxable temporary differences, and expected future taxable income (primarily of Bluegreen) exclusive of reversing temporary differences and carry forwards. Based on such evaluation, BFC determined that it was more likely than not that it would be able to realize certain deferred tax assets against which it had previously carried a valuation allowance. As a result, in consideration of the expected realization of deferred tax assets, BFC released a portion of its valuation allowance and recognized a $92.3 million benefit for income taxes for the three and six months ended June 30, 2015.

Provision for Income Taxes

BFC’s combined estimated annual effective income tax rate was approximately 47.4% for the six months ended June 30, 2016. BFC’s effective tax rate was applied to income before income taxes reduced by net income attributable to noncontrolling interests for joint ventures taxed as partnerships. The estimated annual effective tax rate was higher than the U.S. federal statutory rate primarily due to state income taxes and non-deductible expenses.

For the period from January 1, 2015 through April 30, 2015, BFC’s effective income tax rate was 39%. During this period, the estimated annual effective tax rates were based upon Bluegreen’s separate estimated annual effective tax rate as BFC, BBX Capital and Bluegreen filed separate tax returns. For the two months ended June 30, 2015, as a result of the change in the consolidated tax status of the Company, the combined annual effective tax rate was estimated at 4%, which takes into account the tax benefit arising from the release of a portion of BFC’s deferred tax asset valuation allowance discussed above.

Bluegreen

In August 2015, Bluegreen received notice from the Internal Revenue Service that its Income Tax Return for the year ended December 31, 2013 was selected for examination. In September 2015, the examination was extended to include the tax year ended December 31, 2012. In October 2015, the examination was further extended to include payroll taxes for the year ended December 31, 2013. In April 2016, Bluegreen received notification from the Internal Revenue Service that the 2013 payroll tax examination was closed with no adjustments. In May 2016, Bluegreen received notification from the Internal Revenue Service that the examination for the tax years ended December 31, 2013 and 2012 was closed with no adjustments.

Certain of Bluegreen’s state filings are under routine examination. While there is no assurance as to the results of these examinations, Bluegreen does not currently anticipate any material adjustments in connection with these examinations.