Related Party Transactions	12 Months Ended
Dec. 31, 2020
Related Party Transactions [Abstract]
Related Party Transactions	16. Related Party Transactions BVH may be deemed to be controlled by Alan B. Levan, Chairman, Chief Executive Officer and President of BVH and Blugreen, John E. Abdo, Vice Chairman of BVH and Bluegreen, Jarett S. Levan, a director of BVH and Bluegreen, and former President of BVH, and Seth M. Wise, a director of BVH and Bluegreen, and former Executive Vice President of BVH. Together, they may be deemed to beneficially own shares of BVH’s Class A Common Stock and Class B Common Stock representing approximately 79% of BVH’s total voting power. In addition, Raymond S. Lopez serves as our Chief Operating Officer and Chief Financial Officer and as BVH’s Chief Financial Officer. Mr. Alan Levan, Mr. Abdo and Mr. Lopez receive a significant portion of their compensation from us for their services. In April 2015, pursuant to a Loan Agreement and Promissory Note, our wholly owned subsidiary provided an $80.0 million loan to BVH. Amounts outstanding bore interest at a rate of 6% per annum until April 17, 2020, at which time the interest rate was decreased to 4% per annum. Interest only payments were required on a quarterly basis, with all outstanding amounts becoming due and payable at maturity. In March 2020, the Loan Agreement and Promissory Note was amended to extend the maturity date from April 17, 2020 to April 17, 2021. During the years ended December 31, 2020, 2019 and 2018, we recognized $2.5 million, $4.8 million and $4.8 million, respectively, of interest income on the loan to BVH. During August 2020, we paid, a special cash dividend of $1.19 per share of our common stock. BVH utilized its proceeds from the special cash dividend to repay the loan in full. We paid or reimbursed BVH $1.5 million, $1.7 million and $1.6 million during 2020, 2019, and 2018, respectively, for management advisory, risk management, administrative and other services. We had accrued $0.2 million for the services described above as of December 31, 2019. No amounts were accrued for such services as of December 31, 2020. BVH paid or reimbursed us $0.2 million, $0.2 million and $0.4 million for other shared services during 2020, 2019, and 2018, respectively. As of December 31, 2020 there were no amounts due to us from BVH for these services, $0.1 million was due to us from BVH for these services as of December 31, 2019. During the fourth quarter of 2020, we paid BBX Capital Inc. (“BBX Capital”), the former subsidiary of BVH which was spun-off on September 30,2020, $0.1 million for administrative and other services, and $0.1 million was accrued for payment to BBX Capital for such services as of December 31, 2020. During 2020, we paid Abdo Companies, Inc. $38,000 in exchange for certain management services. Mr. Abdo is the principal shareholder and Chief Executive Officer of Abdo Companies, Inc. See also the description of the Agreement to Allocate Consolidated Income Tax Liability and Benefits under Note 13: Income Taxes above.

Related Party Transactions

12 Months Ended

Dec. 31, 2020

16. Related Party Transactions

BVH may be deemed to be controlled by Alan B. Levan, Chairman, Chief Executive Officer and President of BVH and Blugreen, John E. Abdo, Vice Chairman of BVH and Bluegreen, Jarett S. Levan, a director of BVH and Bluegreen, and former President of BVH, and Seth M. Wise, a director of BVH and Bluegreen, and former Executive Vice President of BVH. Together, they may be deemed to beneficially own shares of BVH’s Class A Common Stock and Class B Common Stock representing approximately 79% of BVH’s total voting power. In addition, Raymond S. Lopez serves as our Chief Operating Officer and Chief Financial Officer and as BVH’s Chief Financial Officer. Mr. Alan Levan, Mr. Abdo and Mr. Lopez receive a significant portion of their compensation from us for their services.

In April 2015, pursuant to a Loan Agreement and Promissory Note, our wholly owned subsidiary provided an $80.0 million loan to BVH. Amounts outstanding bore interest at a rate of 6% per annum until April 17, 2020, at which time the interest rate was decreased to 4% per annum. Interest only payments were required on a quarterly basis, with all outstanding amounts becoming due and payable at maturity. In March 2020, the Loan Agreement and Promissory Note was amended to extend the maturity date from April 17, 2020 to April 17, 2021. During the years ended December 31, 2020, 2019 and 2018, we recognized $2.5 million, $4.8 million and $4.8 million, respectively,

of interest income on the loan to BVH. During August 2020, we paid, a special cash dividend of $1.19 per share of our common stock. BVH utilized its proceeds from the special cash dividend to repay the loan in full.

We paid or reimbursed BVH $1.5 million, $1.7 million and $1.6 million during 2020, 2019, and 2018, respectively, for management advisory, risk management, administrative and other services. We had accrued $0.2 million for the services described above as of December 31, 2019. No amounts were accrued for such services as of December 31, 2020. BVH paid or reimbursed us $0.2 million, $0.2 million and $0.4 million for other shared services during 2020, 2019, and 2018, respectively. As of December 31, 2020 there were no amounts due to us from BVH for these services, $0.1 million was due to us from BVH for these services as of December 31, 2019. During the fourth quarter of 2020, we paid BBX Capital Inc. (“BBX Capital”), the former subsidiary of BVH which was spun-off on September 30,2020, $0.1 million for administrative and other services, and $0.1 million was accrued for payment to BBX Capital for such services as of December 31, 2020.

During 2020, we paid Abdo Companies, Inc. $38,000 in exchange for certain management services. Mr. Abdo is the principal shareholder and Chief Executive Officer of Abdo Companies, Inc.

See also the description of the Agreement to Allocate Consolidated Income Tax Liability and Benefits under Note 13: Income Taxes above.