The table below sets forth our segment information for the three months ended September 30, 2019 (in thousands):



Revenue:	Sales of VOIs and financing		Resort operations and club management		Corporate and other		Elimination		Total

Sales of VOIs	$	66,318	$	—	$	—	$	—	$	66,318
Fee-based sales commission revenue		60,478		—		—		—		60,478
Other fee-based services revenue		4,289		29,455		—		—		33,744
Cost reimbursements		—		21,111		—		—		21,111
Mortgage servicing revenue		1,588		—		—		(1,588)		—
Interest income		20,043		—		2,038		—		22,081
Other income, net		537		—		1,609		—		2,146
Total revenue		153,253		50,566		3,647		(1,588)		205,878

Costs and expenses:

Cost of VOIs sold		3,121		—		—		—		3,121
Net carrying cost of VOI inventory		5,878		—		—		(5,878)		—
Cost of other fee-based services		2,442		15,426		—		5,878		23,746
Cost reimbursements		—		21,111		—		—		21,111
Selling, general and administrative expenses		94,798		—		22,388		(27)		117,159
Mortgage servicing expense		1,561		—		—		(1,561)		—
Interest expense		5,062		—		5,326		—		10,388
Total costs and expenses		112,862		36,537		27,714		(1,588)		175,525
Income (loss) before non-controlling interest and provision for income taxes	$	40,391	$	14,029	$	(24,067)	$	—	$	30,353

Add: Depreciation and amortization		1,507		321
Add: Severance		594		238
Segment Adjusted EBITDA (1)	$	42,492	$	14,588

(1)

See Management’s Discussion and Analysis of Financial Condition and Results of Operations for information regarding Adjusted EBITDA, including how we define Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net income.

The table below sets forth our segment information for the three months ended September 30, 2018 (in thousands):



Revenue:	Sales of VOIs and financing		Resort operations and club management		Corporate and other		Elimination		Total

Sales of VOIs	$	70,698	$	—	$	—	$	—	$	70,698
Fee-based sales commission revenue		61,641		—		—		—		61,641
Other fee-based services revenue		3,491		27,566		—		—		31,057
Cost reimbursements		—		16,900		—		—		16,900
Mortgage servicing revenue		1,454		—		—		(1,454)		—
Interest income		20,009		—		1,522		—		21,531
Other income, net		—		—		378		—		378
Total revenue		157,293		44,466		1,900		(1,454)		202,205

Costs and expenses:

Cost of VOIs sold		11,237		—		—		—		11,237
Net carrying cost of VOI inventory		2,908		—		—		(2,908)		—
Cost of other fee-based services		1,227		15,802		—		2,908		19,937
Cost reimbursements		—		16,900		—		—		16,900
Selling, general and administrative expenses		92,180		—		20,262		(35)		112,407
Mortgage servicing expense		1,419		—		—		(1,419)		—
Interest expense		5,001		—		4,207		—		9,208
Total costs and expenses		113,972		32,702		24,469		(1,454)		169,689
Income (loss) before non-controlling interest and provision for income taxes	$	43,321	$	11,764	$	(22,569)	$	—	$	32,516

Add: Depreciation and amortization		1,606		450
Segment Adjusted EBITDA (1)	$	44,927	$	12,214

(1)

The table below sets forth our segment information for the nine months ended September 30, 2019 (in thousands):


Revenue:	Sales of VOIs and financing		Resort operations and club management		Corporate and other		Elimination		Total

Sales of VOIs	$	186,351	$	—	$	—	$	—	$	186,351
Fee-based sales commission revenue		161,033		—		—		—		161,033
Other fee-based services revenue		10,092		83,923		—		—		94,015
Cost reimbursements		—		58,705		—		—		58,705
Mortgage servicing revenue		4,621		—		—		(4,621)		—
Interest income		59,985		—		5,979		—		65,964
Other income, net		537		—		3,691		—		4,228
Total revenue		422,619		142,628		9,670		(4,621)		570,296

Costs and expenses:

Cost of VOIs sold		17,541		—		—		—		17,541
Net carrying cost of VOI inventory		18,853		—		—		(18,853)		—
Cost of other fee-based services		4,832		42,853		—		18,853		66,538
Cost reimbursements		—		58,705		—		—		58,705
Selling, general and administrative expenses		296,403		—		59,145		(507)		355,041
Mortgage servicing expense		4,114		—		—		(4,114)		—
Interest expense		15,391		—		14,564		—		29,955
Total costs and expenses		357,134		101,558		73,709		(4,621)		527,780
Income (loss) before non-controlling interest and provision for income taxes	$	65,485	$	41,070	$	(64,039)	$	—	$	42,516

Add: Depreciation and amortization		4,577		1,050
Add: Severance		594		238
Add: Bass Pro Settlement (1)		39,121		—
Segment Adjusted EBITDA (2)	$	109,777	$	42,358

(1)

See Note 10: Commitments and Contingencies for additional information regarding this matter.

(2)

The table below sets forth our segment information for the nine months ended September 30, 2018 (in thousands):


Revenue:	Sales of VOIs and financing		Resort operations and club management		Corporate and other		Elimination		Total

Sales of VOIs	$	195,412	$	—	$	—	$	—	$	195,412
Fee-based sales commission revenue		167,581		—		—		—		167,581
Other fee-based services revenue		9,355		80,117		—		—		89,472
Cost reimbursements		—		47,157		—		—		47,157
Mortgage servicing revenue		4,369		—		—		(4,369)		—
Interest income		59,281		—		4,490		—		63,771
Other income, net		—		—		1,269		—		1,269
Total revenue		435,998		127,274		5,759		(4,369)		564,662

Costs and expenses:

Cost of VOIs sold		19,838		—		—		—		19,838
Net carrying cost of VOI inventory		7,075		—		—		(7,075)		—
Cost of other fee-based services		3,584		43,324		—		7,075		53,983
Cost reimbursements		—		47,157		—		—		47,157
Selling, general and administrative expenses		254,830		—		60,723		(18)		315,535
Mortgage servicing expense		4,351		—		—		(4,351)		—
Interest expense		14,334		—		11,136		—		25,470
Total costs and expenses		304,012		90,481		71,859		(4,369)		461,983
Income (loss) before non-controlling interest and provision for income taxes	$	131,986	$	36,793	$	(66,100)	$	—	$	102,679

Add: Depreciation and amortization		4,922		1,248
Segment Adjusted EBITDA (1)	$	136,908	$	38,041

(1)