Bluegreen Vacations Holding (BVH) 10-Q 4 Aug 21 2021 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2021	Aug. 02, 2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2021
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-09071
Entity Registrant Name	BLUEGREEN VACATIONS HOLDING CORPORATION
Entity Incorporation, State or Country Code	FL
Entity Tax Identification Number	59-2022148
Entity Address, Address Line One	4960 Conference Way North
Entity Address, Address Line Two	Suite 100
Entity Address, City or Town	Boca Raton
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33431
City Area Code	561
Local Phone Number	912-8000
Title of 12(b) Security	Class A Common Stock, $.01 par value
Trading Symbol	BVH
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0000315858
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Class A Common Stock [Member]
Entity Common Stock, Shares Outstanding		18,293,575
Class B Common Stock [Member]
Entity Common Stock, Shares Outstanding		3,690,564

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents	$ 216,112	$ 221,118
Restricted cash ($17,960 and $20,469 in VIEs at June 30, 2021 and December 31, 2020, respectively)	46,651	35,986
Notes receivable	560,320	551,393
Less: Allowance for loan loss	(145,718)	(142,044)
Notes receivable, net ($278,285 and $292,021 in VIEs at June 30, 2021 and December 31, 2020, respectively)	414,602	409,349
Vacation ownership interest ("VOI") inventory	343,362	347,122
Property and equipment, net	90,562	90,049
Intangible assets, net	61,390	61,431
Operating lease assets	37,648	34,415
Prepaid expenses	21,525	9,367
Other assets	42,401	41,282
Total assets	1,274,253	1,250,119
Liabilities
Accounts payable	17,578	10,559
Deferred income	15,124	15,745
Accrued liabilities and other	119,697	93,971
Receivable-backed notes payable - recourse	32,076	38,500
Receivable-backed notes payable - non-recourse ($322,565 and $341,532 in VIEs at June 30, 2021 and December 31, 2020)	357,162	355,833
Note payable to BBX Capital, Inc.	75,000	75,000
Other Notes payable and borrowings	110,214	138,386
Junior subordinated debentures	134,448	138,177
Operating lease liabilities	39,389	35,904
Deferred income taxes	81,913	85,314
Total liabilities	982,601	987,389
Commitments and Contingencies - See Note 9
Shareholders' Equity
Additional paid-in capital	200,298	177,104
Accumulated earnings	33,061	10,586
Total Bluegreen Vacations Holding Corporation shareholders' equity	233,579	187,883
Non-controlling interest	58,073	74,847
Total shareholders' equity	291,652	262,730
Total liabilities and shareholders' equity	1,274,253	1,250,119
Class A Common Stock [Member]
Shareholders' Equity
Common stock	183	156
Class B Common Stock [Member]
Shareholders' Equity
Common stock	$ 37	$ 37

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Restricted cash	$ 46,651	$ 35,986
Notes receivable, net	414,602	409,349
Receivable backed notes payable - non-recourse	$ 357,162	$ 355,833
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Variable Interest Entity, Primary Beneficiary [Member]
Restricted cash	$ 17,960	$ 20,469
Notes receivable, net	278,285	292,021
Receivable backed notes payable - non-recourse	$ 322,565	$ 341,532
Class A Common Stock [Member]
Common Stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	18,293,576	15,624,091
Common stock, shares outstanding	18,293,576	15,624,091
Class B Common Stock [Member]
Common Stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	4,000,000	4,000,000
Common stock, shares issued	3,690,564	3,693,596
Common stock, shares outstanding	3,690,564	3,693,596

Consolidated Statements Of Oper

Consolidated Statements Of Operations And Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Revenues:
Provision for loan losses	$ (18,488)	$ (1,846)	$ (30,807)	$ (32,199)
Total revenues	173,424	48,452	300,578	183,379
Interest income	19,595	19,418	38,856	40,618
Other income, net	439	355	278	525
Total revenues	193,458	68,225	339,712	224,522
Costs and expenses:
Interest expense	8,876	9,558	18,611	19,456
Selling, general and administrative expenses	114,786	49,820	205,750	160,305
Total costs and expenses	161,885	90,801	301,446	256,114
Income (loss) before income taxes	31,573	(22,576)	38,266	(31,592)
Provision for income taxes	(7,694)	(2,391)	(8,883)	(938)
Income (loss) from continuing operations	23,879	(24,967)	29,383	(32,530)
Discontinued operations
Loss from operations		(8,448)		(36,077)
(Provision) benefit for income taxes		(3,236)		1,141
Net loss from discontinued operations		(11,684)		(34,936)
Net income (loss)	23,879	(36,651)	29,383	(67,466)
Less: Income attributable to noncontrolling interests - continuing operations	4,378	5	6,908	956
Less: Loss attributable to noncontrolling interests - discontinued operations		(856)		(4,312)
Net income (loss) attributable to shareholders	19,501	(35,800)	22,475	(64,110)
Comprehensive income attributable to Bluegreen Vacations Corporation shareholders	$ 19,501	$ (35,564)	$ 22,475	$ (64,461)
Basic earnings (loss) per share from continuing operations	$ 0.93	$ (1.36)	$ 1.12	$ (1.83)
Basic loss per share from discontinued operations		(0.59)		(1.67)
Basic earnings (loss) per share	0.93	(1.95)	1.12	(3.50)
Diluted earnings (loss) per share from continuing operations	0.93	(1.36)	1.12	(1.83)
Diluted loss per share from discontinued operations		(0.59)		(1.67)
Diluted earnings (loss) per share	$ 0.93	$ (1.95)	$ 1.12	$ (3.50)
Basic weighted average number of common shares outstanding	20,912	18,298	20,128	18,298
Diluted weighted average number of common and common equivalent shares outstanding	20,912	18,298	20,128	18,298
Net income (loss)	$ 23,879	$ (36,651)	$ 29,383	$ (67,466)
Other comprehensive loss, net of tax:
Foreign currency translation adjustments		195		(355)
Unrealized loss on securities available for sale		41		4
Other comprehensive loss, net		236		(351)
Comprehensive income (loss), net of tax	23,879	(36,415)	29,383	(67,817)
Less: Comprehensive income (loss) attributable to noncontrolling interests	4,378	(851)	6,908	(3,356)
Comprehensive income (loss) attributable to shareholders	19,501	(35,564)	22,475	(64,461)
Gross Sales Of VOIs [Member]
Revenues:
Total revenues	110,300	10,900	178,550	86,381
Sales of VOIs [Member]
Revenues:
Total revenues	91,812	9,054	147,743	54,182
Interest income			38,700	39,200
Costs and expenses:
Total costs and expenses	7,024	1,038	12,193	5,137
Fee-Based Sales Commission Revenue [Member]
Revenues:
Total revenues	35,618	1,135	61,336	42,500
Other Fee-Based Services Revenue [Member]
Revenues:
Total revenues	30,442	26,413	59,339	55,727
Costs and expenses:
Total costs and expenses	15,647	18,535	32,732	40,246
Cost Reimbursements [Member]
Revenues:
Total revenues	15,552	11,850	32,160	30,970
Costs and expenses:
Total costs and expenses	$ 15,552	$ 11,850	$ 32,160	$ 30,970

Consolidated Statements Of Shar

Consolidated Statements Of Shareholder's Equity - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]Class A Common Stock [Member]	Common Stock [Member]Class B Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Total Shareholders' Equity [Member]	Non-controlling Interests [Member]	Total
Beginning balance at Dec. 31, 2019	$ 151	$ 32	$ 153,507	$ 394,551	$ 1,554	$ 549,795	$ 90,275	$ 640,070
Beginning balance, shares at Dec. 31, 2019	15,106	3,192
Net loss excluding loss attributable to redeemable noncontrolling interest				(28,310)		(28,310)	238	(28,072)
Other comprehensive income (loss)					(587)	(587)		(587)
Bluegreen purchase and retirement of its common stock			(1,167)			(1,167)	(10,574)	(11,741)
Distributions to noncontrolling interests							(923)	(923)
Accretion of redeemable noncontrolling interest				(551)		(551)		(551)
Conversion of Common Stock from Class B to Class A, shares	27	(27)
Share-based compensation			2,731			2,731		2,731
Ending balance at Mar. 31, 2020	$ 151	$ 32	155,071	365,690	967	521,911	79,016	600,927
Ending balance, shares at Mar. 31, 2020	15,133	3,165
Beginning balance at Dec. 31, 2019	$ 151	$ 32	153,507	394,551	1,554	549,795	90,275	640,070
Beginning balance, shares at Dec. 31, 2019	15,106	3,192
Net income								(67,466)
Other comprehensive income (loss)								(351)
Ending balance at Jun. 30, 2020	$ 151	$ 32	158,015	329,194	1,203	488,595	79,011	567,606
Ending balance, shares at Jun. 30, 2020	15,133	3,165
Beginning balance at Mar. 31, 2020	$ 151	$ 32	155,071	365,690	967	521,911	79,016	600,927
Beginning balance, shares at Mar. 31, 2020	15,133	3,165
Net income								(36,651)
Net loss excluding loss attributable to redeemable noncontrolling interest				(35,800)		(35,800)	(5)	(35,805)
Other comprehensive income (loss)					236	236		236
Accretion of redeemable noncontrolling interest				(696)		(696)		(696)
Share-based compensation			2,944			2,944		2,944
Ending balance at Jun. 30, 2020	$ 151	$ 32	158,015	329,194	$ 1,203	488,595	79,011	567,606
Ending balance, shares at Jun. 30, 2020	15,133	3,165
Beginning balance at Dec. 31, 2020	$ 156	$ 37	177,104	10,586		187,883	74,847	262,730
Beginning balance, shares at Dec. 31, 2020	15,624	3,694
Net income				2,974		2,974	2,530	5,504
Ending balance at Mar. 31, 2021	$ 156	$ 37	177,104	13,560		190,857	77,377	268,234
Ending balance, shares at Mar. 31, 2021	15,624	3,694
Beginning balance at Dec. 31, 2020	$ 156	$ 37	177,104	10,586		187,883	74,847	262,730
Beginning balance, shares at Dec. 31, 2020	15,624	3,694
Net income								29,383
Ending balance at Jun. 30, 2021	$ 183	$ 37	200,298	33,061		233,579	58,073	291,652
Ending balance, shares at Jun. 30, 2021	18,293	3,691
Beginning balance at Mar. 31, 2021	$ 156	$ 37	177,104	13,560		190,857	77,377	268,234
Beginning balance, shares at Mar. 31, 2021	15,624	3,694
Net income				19,501		19,501	4,378	23,879
Bluegreen Vacations Corporation short-form merger, value	$ 27		23,042			23,069	(23,682)	(613)
Bluegreen Vacations Corporation short-form merger, shares	2,666
Conversion of Common Stock from Class B to Class A, shares	3	(3)
Share-based compensation			152			152		152
Ending balance at Jun. 30, 2021	$ 183	$ 37	$ 200,298	$ 33,061		$ 233,579	$ 58,073	$ 291,652
Ending balance, shares at Jun. 30, 2021	18,293	3,691

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)
Operating activities:
Net income (loss)	$ (36,651)	$ 29,383	$ (67,466)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Recoveries from loan losses, net, from discontinued operations			(5,037)
Provision for loan losses		30,807	32,199
Depreciation, amortization and accretion, net		10,116	13,632
Share-based compensation expense		152	5,675
Net losses on sales of real estate and property and equipment		24	77
Equity earnings of unconsolidated real estate joint ventures			(696)
Return on investment in unconsolidated real estate joint ventures			3,991
Decrease in deferred income tax liability		(3,401)	(2,070)
Impairment losses			31,588
Changes in operating assets and liabilities:
Notes receivable		(36,060)	12,137
VOI Inventory		3,760	(3,333)
Trade inventory			2,342
Real estate inventory			(316)
Prepaid expense and other assets		(13,888)	11,390
Accounts payable, accrued liabilities and other, and deferred income		32,376	(50,127)
Net cash provided by (used in) operating activities		53,269	(16,014)
Investing activities:
Return of investment in unconsolidated real estate joint ventures			748
Investments in unconsolidated real estate joint ventures			(12,664)
Proceeds from repayment of loans receivable			5,260
Proceeds from sales of real estate			131
Additions to real estate			(59)
Purchases of property and equipment		(8,229)	(8,157)
Decrease in cash from other investing activities			(145)
Net cash used in investing activities		(8,229)	(14,886)
Financing activities:
Repayments of notes payable and other borrowings		(100,858)	(123,547)
Proceeds from notes payable and other borrowings		66,363	135,480
Redemption of junior subordinated debentures		(4,186)
Payments for debt issuance costs		(87)	(591)
Purchase and retirement of subsidiary common stock			(11,741)
Payments of merger transaction costs		(613)
Dividends paid on common stock			(1,144)
Distributions to noncontrolling interests			(923)
Net cash used in financing activities		(39,381)	(2,466)
Net increase (decrease) in cash and cash equivalents and restricted cash		5,659	(33,366)
Cash, cash equivalents and restricted cash at beginning of period		257,104	406,870
Cash, cash equivalents and restricted cash at end of period	373,504	262,763	373,504
Supplemental cash flow information:
Interest paid on borrowings, net of amounts capitalized		16,138	18,394
Income taxes paid		8,830	259
Supplementary disclosure of non-cash investing and financing activities:
Increase in other assets upon issuance of Community Development District Bonds			827
Assumption of Community Development District Bonds by builders			1,987
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents	323,724	216,112	323,724
Restricted cash	25,189	46,651	25,189
Discontinued opearations cash	24,591		24,591
Total cash, cash equivalents, and restricted cash	$ 373,504	$ 262,763	$ 373,504

Organization And Basis Of Finan

Organization And Basis Of Financial Statement Presentation	6 Months Ended
	Jun. 30, 2021
Organization And Basis Of Financial Statement Presentation [Abstract]
Organization And Basis Of Financial Statement Presentation	1. Organization and Basis of Financial Statement Presentation Bluegreen Vacations Holding Corporation, together with its subsidiaries, including Bluegreen Vacations Corporation, are referred herein as “the Company” or “we” or “us” or “our” (unless stated to the contrary or the context otherwise requires). The Company has prepared the accompanying unaudited consolidated financial statements in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information. Accordingly, it does not include all of the information and footnotes required by GAAP for complete financial statements. In the Company’s opinion, the financial information furnished herein reflects all adjustments consisting of normal recurring items necessary for a fair presentation of its financial position, results of operations, and cash flows for the interim periods reported in this Quarterly Report on Form 10-Q. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and, accordingly, actual results could differ from those estimates. Due to the unprecedented impact and uncertainties related to the Coronavirus Disease 2019 (“COVID-19”) pandemic, including its potential future impact and other factors, the results of operations for the three and six months ended June 30, 2021 are not necessarily indicative of the results to be expected for the year ending December 31, 2021 or any other future interim or annual periods. The accompanying interim financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto as of and for the year ended December 31, 2020, included in its Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 1, 2021 (the “2020 Annual Report on Form 10-K”). Our Business On September 30, 2020, the Company completed its spin-off of BBX Capital, Inc. (“BBX Capital”). The former wholly owned subsidiary became a separate public company as a result of the spin-off and holds all of the historical business and investments other than the Company’s investment in Bluegreen Vacations Corporation (“Bluegreen”). As a result of the spin-off the Company is a “pure play” holding company whose sole asset is its wholly owned subsidiary Bluegreen. Prior to May 5, 2021, the Company beneficially owned approximately 93% of Bluegreen’s outstanding common stock. On May 5, 2021, the Company acquired all of the approximately 7% of the outstanding shares of Bluegreen’s common stock not previously beneficially owned by the Company through a statutory short-form merger under Florida law. In connection with the merger, Bluegreen’s shareholders (other than the Company) received 0.51 shares of the Company’s Class A Common Stock for each share of Bluegreen’s common stock that they held at the effective time of the merger (subject to rounding up of fractional shares). The Company issued approximately 2.66 million shares of its Class A Common Stock in connection with the merger. As a result of the completion of the merger, Bluegreen became a wholly owned subsidiary of the Company. The Company is a leading vacation ownership company that markets and sells vacation ownership interests (“VOIs”) and manages resorts in popular leisure and urban destinations. Our resorts are primarily located in high-volume, “drive-to” vacation locations, including Orlando, Las Vegas, Myrtle Beach, Charleston and New Orleans, among others. The resorts in which we market, sell, and manage VOIs were either developed or acquired by the Company, or were developed and are owned by third parties. The Company earns fees for providing sales and marketing services to third party developers and also earns fees for providing management services to the Bluegreen Vacation Club and homeowners’ associations (“HOAs”), mortgage servicing, VOI title services, reservation services, and construction design and development services. In addition, the Company provides financing to qualified VOI purchasers, which generates significant interest income. Basis of Financial Statement Presentation The Company’s unaudited consolidated financial statements include the accounts of its wholly owned subsidiaries, other entities in which the Company or its consolidated subsidiaries hold controlling financial interests, and any Variable Interest Entities (“VIEs”) in which the Company or one of its consolidated subsidiaries is deemed the primary beneficiary of the VIE. All significant inter-company accounts and transactions have been eliminated in consolidation. Impact of the COVID-19 pandemic Initial response and impact to 2020 The COVID-19 pandemic has caused, and continues to cause, an unprecedented disruption in the U.S. and global economies and the industries in which the Company operates due to, among other things, government ordered “shelter in place” and “stay at home” orders and advisories, travel restrictions, and restrictions on business operations, including government guidance with respect to travel, public accommodations, social gatherings, and related matters. These disruptions arising from the pandemic and the reaction of the general public to the pandemic had a significant adverse impact on the Company's financial condition and operations during the three and six months ended June 30, 2020 and through 2020. In response to the pandemic, during the last week of March 2020, the Company temporarily closed all of its VOI sales centers and marketing operations and took other measures with a goal of mitigating the impact of the pandemic and positioning Bluegreen to navigate the pandemic successfully. During the second quarter of 2020, we began a phased reopening of resorts and resumption of our business activities under new operating guidelines and with enhanced safety measures and occupancy restrictions. By June 30, 2020, 64 Bass Pro Shops and Cabela’s stores (out of the 89 that were open in March 2020) were open, we had reactivated our Choice Hotels call transfer program, virtually all of our resorts were open, and 21 of our 26 VOI sales centers were open for sales to existing owners and one sales center was selling to new prospects.  In response to the pandemic, we implemented several cost mitigating activities beginning in March 2020, including reductions in our workforce of over 1,600 positions and the placement of another approximately 3,200 of our associates on temporary furlough or reduced work hours. As of June 30, 2020, approximately 2,300 associates had returned to work on a full-time basis. During the three and six months ended June 30, 2020, we incurred $2.2 million and $6.7 million in severance, respectively, and $10.7 million and $11.6 million, respectively, of payroll and payroll benefit expense relating to employees on temporary furlough or reduced work hours. These payments and expenses are included in selling, general and administrative expenses in the unaudited consolidated statement of operations for the three and six months ended June 30, 2020. Also, in March 2020, Bluegreen drew down $60 million under its lines-of-credit and pledged or sold receivables under its various receivable backed facilities to increase its cash position. In June 2020, Bluegreen repaid $40 million under its syndicated line-of-credit and amended the agreements to modify the definition of certain customary covenants.  During the six months ended June 30, 2020, we recorded an additional allowance for loan losses of $12.0 million, which included our customary estimate of customer defaults as a result of the COVID-19 pandemic based on our historical experience, forbearance requests received from our customers, and other factors, including, but not limited to, the seasoning of the notes receivable and FICO scores of the customers. Impact to 2021 and outlook The Company continues to be adversely affected by the economic impact of the COVID-19 pandemic during 2021. The number of reported COVID -19 cases went down during the second quarter and as of June 30, 2021, we were operating marketing kiosks at 112 Bass Pro Shops and Cabela’s stores, including 13 new Cabela’s locations and one Bass Pro location opened during the six months ended June 30, 2021; the Choice Hotels call transfer program was close to pre-pandemic volume; all but two sales centers were operating and all of our resorts, except for one unrelated to COVID-19 in Surfside, FL, were open.  Further, resort occupancy rates were approximately 86% at resorts with sales centers in the second quarter of 2021 facilitated by our ‘drive-to’ network of resorts and we sold 56,000 vacation packages in the second quarter of 2021 compared to 8,000 in the second quarter of 2020. Further, during the second quarter of 2021, the Company experienced an increase in sales of VOIs, which we believe was a sign of improvement in general economic conditions. However, current levels of illness are rising and indicate that the pandemic and its impact on the Company are not over. The CDC recently issued new guidance regarding the use of masks and vaccinations are increasingly being required by government agencies and employers. Various state and local government officials may in the future issue new or revised orders that are different than the ones under which we are currently operating. Accordingly, there remains significant uncertainty as to the probable duration and severity of the pandemic and the likely impact of the pandemic on the Company’s future revenues, net income and other operating results. Use of Estimates The Company’s financial statements are prepared in conformity with GAAP, which requires it to make estimates based on assumptions about current and, for some estimates, future economic and market conditions which affect reported amounts and related disclosures in its financial statements. Although the Company’s current estimates contemplate current and expected future conditions, as applicable, actual conditions could differ from its expectations, which could materially affect its results of operations and financial position. In particular, a number of estimates have been and will continue to be affected by the ongoing COVID-19 pandemic. The severity, magnitude and duration, as well as the economic consequences of the COVID-19 pandemic, are uncertain, rapidly changing and difficult to predict. As a result, accounting estimates and assumptions may change over time in response to COVID-19. Such changes could result in, among other adjustments, future impairments of intangibles and long-lived assets, incremental credit losses on VOI notes receivable, an increase in valuation allowances on deferred tax assets, or an increase in other obligations as of the time of a relevant measurement event.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	6 Months Ended
	Jun. 30, 2021
Recently Issued Accounting Pronouncements [Abstract]
Recently Issued Accounting Pronouncements	2. Recently Issued Accounting Pronouncements Future Adoption of Recently Issued Accounting Pronouncements The FASB has issued the following accounting pronouncement and guidance relevant to the Company’s operations which had not yet been adopted as of June 30, 2021: In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effect of Reference Rate Reform on Financial Reporting” (“ASU 2020-04”), which provides relief for companies preparing for the discontinuation of LIBOR in response to the Financial Conduct Authority (the regulatory authority over LIBOR) plan for a phase out of regulatory oversight of LIBOR interest rate indices after 2021 to allow for an orderly transition to an alternate reference rate. The Alternative Reference Rates Committee (“ARRC”) has proposed that the Secured Overnight Financing Rate (“SOFR”) is the rate that represents best practice as the alternative to LIBOR for promissory notes or other contracts that are currently indexed to LIBOR. The ARRC has proposed a market transition plan to SOFR from LIBOR and organizations are currently working on transition plans as it relates to derivatives and cash markets exposed to LIBOR. Although the Company’s VOIs notes receivable from its borrowers are not indexed to LIBOR, as of June 30, 2021, the Company had $170.9 million of LIBOR indexed junior subordinated debentures, $70.9 million of LIBOR indexed receivable-backed notes payable and lines of credit, and $108.1 million of LIBOR indexed lines of credit and notes payable (which are not receivable-backed) that mature after 2021. Companies can apply ASU 2020-04 immediately. However, the guidance will only be available for a limited time, generally through December 31, 2022. The Company has not yet adopted this standard and is evaluating the potential impact that the eventual replacement of the LIBOR benchmark interest rate could have on its results of operations, liquidity and consolidated financial statements.

Revenue From Contracts With Cus

Revenue From Contracts With Customers	6 Months Ended
	Jun. 30, 2021
Revenue from Contracts with Customers [Abstract]
Revenue From Contracts With Cutomers	‎ 3. Revenue From Contracts with Customers The table below sets forth the Company’s disaggregated revenue by category from contracts with customers (in thousands). For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Sales of VOIs (1) $ 91,812 $ 9,054 $ 147,743 $ 54,182Fee-based sales commission revenue (1) 35,618 1,135 61,336 42,500Resort and club management revenue (2) 25,443 24,224 50,371 49,253Cost reimbursements (2) 15,552 11,850 32,160 30,970Administrative fees and other (1) 2,863 1,349 5,137 4,072Other revenue (2) 2,136 840 3,831 2,402Revenue from customers 173,424 48,452 300,578 183,379Interest income (3) 19,595 19,418 38,856 40,618Other income, net 439 355 278 525Total revenue $ 193,458 $ 68,225 $ 339,712 $ 224,522 (1) Included in the Company’s sales of VOIs and financing segment described in Note 14. (2) Included in the Company’s resort operations and club management segment described in Note 14.(3) Interest income of $19.5 million and $19.1 million for the three months ended June 30, 2021 and 2020, respectively, and $38.7 million and $39.2 million for the six months ended June 30, 2021 and 2020, respectively, are included in the Company’s sales of VOIs and financing segment described in Note 14. Please refer to Note 14: Segment Reporting below for more details related to the Company’s segments.

Notes Receivable

Notes Receivable	6 Months Ended
	Jun. 30, 2021
Notes Receivable [Abstract]
Notes Receivable	‎ 4. Notes Receivable The table below provides information relating to the Company’s notes receivable and its allowance for loan losses (dollars in thousands): As of June 30, December 31, 2021 2020Notes receivable secured by VOIs: VOI notes receivable - non-securitized $ 185,215 $ 156,078VOI notes receivable - securitized 375,105 395,315 Gross VOI notes receivable 560,320 551,393Allowance for loan losses - non-securitized (48,898) (38,750)Allowance for loan losses - securitized (96,820) (103,294) Allowance for loan losses (145,718) (142,044) VOI notes receivable, net $ 414,602 $ 409,349Allowance as a % of Gross VOI notes receivable 26% 26% The weighted-average interest rate charged on the Company’s notes receivable secured by VOIs was 15.1% and 15.0% at June 30, 2021 and December 31, 2020, respectively. All of the Company’s VOI loans bear interest at fixed rates. the Company’s VOI notes receivable are substantially secured by property located in Florida, Missouri, Nevada, South Carolina, Tennessee, and Wisconsin. Allowance for Loan Losses The activity in the Company’s allowance for loan losses was as follows (in thousands): For the Six Months Ended June 30, 2021 2020Balance, beginning of period $ 142,044 $ 140,630Provision for loan losses 30,807 32,199Less: Write-offs of uncollectible receivables (27,133) (25,200)Balance, end of period $ 145,718 $ 147,629 The Company monitors the credit quality of its receivables on an ongoing basis. The Company holds large amounts of homogeneous VOI notes receivable and assess uncollectibility based on pools of receivables as we do not believe that there are significant concentrations of credit risk with any individual counterparty or groups of counterparties. In estimating loan losses, we do not use a single primary indicator of credit quality but instead evaluate our VOI notes receivable based upon a static pool analysis that incorporates the aging of the respective receivables, default trends and prepayment rates by origination year, as well as the FICO scores of the borrowers. During 2020, and to a lesser extent in 2021, the COVID-19 pandemic had a material adverse impact on unemployment in the United States and economic conditions in general and the impact may continue for some time. During the six months ended June 30, 2020, the Company recorded an additional allowance of $12.0 million which included our estimate at that time of customer defaults as a result of changing economic factors related to the COVID-19 pandemic. We believe that the COVID-19 pandemic may continue to have an impact on the collectability of its VOI notes receivable. We continue to evaluate the impact of the COVID-19 pandemic on our default or delinquency rates as the current situation is rapidly changing and highly uncertain. Our estimate may not prove to be correct and our allowance for loan losses may not prove to be adequate. ‎Additional information about our VOI notes receivable by year of origination as of June 30, 2021 is as follows (in thousands): Year of Origination 2021 2020 2019 2018 2017 2016 and Prior Total 701+ $ 55,296 $ 58,631 $ 71,201 $ 47,010 $ 31,431 $ 51,113 $ 314,682601-700 37,648 38,738 39,152 29,624 20,964 47,002 213,128<601 (1) 1,803 3,542 4,079 2,705 1,767 5,018 18,914Other (2) — 1,109 1,393 3,183 2,561 5,350 13,596Total by FICO score $ 94,747 $ 102,020 $ 115,825 $ 82,522 $ 56,723 $ 108,483 $ 560,320 (1)Includes VOI notes receivable attributable to borrowers without a FICO score (who are primarily foreign borrowers).(2)Includes $9.6 million related to VOI notes receivable that, as of June 30, 2021, had defaulted, but the related VOI note receivable balance had not yet been charged off in accordance with the provisions of certain receivable-backed notes payable transactions. These VOI notes receivable have been reflected in the allowance for loan losses. Additional information about our VOI notes receivable by year of origination as of December 31, 2020 is as follows (in thousands): Year of Origination 2020 2019 2018 2017 2016 2015 and Prior Total 701+ $ 70,874 $ 85,294 $ 56,490 $ 37,371 $ 27,638 $ 35,693 $ 313,360601-700 42,095 44,672 34,181 24,700 22,656 34,779 203,083<601 (1) 3,737 4,491 3,003 2,113 2,188 3,954 19,486Other (2) 29 567 3,805 3,476 2,336 5,251 15,464Total by FICO score $ 116,735 $ 135,024 $ 97,479 $ 67,660 $ 54,818 $ 79,677 $ 551,393 (1)Includes VOI notes receivable attributable to borrowers without a FICO score (who are primarily foreign borrowers).(2)Includes $11.4 million related to VOI notes receivable that, as of December 31, 2020, had defaulted, but the related VOI note receivable balance had not yet been charged off in accordance with the provisions of certain receivable-backed notes payable transactions. These VOI notes receivable have been reflected in the allowance for loan losses. The percentage of gross notes receivable outstanding by FICO score of the borrower at the time of origination were as follows: June 30, December 31, 2021 2020FICO Score 700+58% 59%601-69938 37 <6003 3 No Score (1)1 1 Total100% 100% (1)VOI notes receivable attributable to borrowers without a FICO score (who are primarily foreign borrowers). The Company’s notes receivable are carried at amortized cost less an allowance for loan losses. Interest income is suspended, and previously accrued but unpaid interest income is reversed, on all delinquent notes receivable when principal or interest payments are more than 90 days contractually past due and not resumed until such loans are less than 90 days past due. As of June 30, 2021 and December 31, 2020, $19.7 million and $24.0 million, respectively, of our VOI notes receivable were more than 90 days past due, and accordingly, consistent with our policy, were not accruing interest income. After approximately 127 days past due, VOI notes receivable are generally written off against the allowance for loan loss. Accrued interest was $3.8 million and $3.9 million as of June 30, 2021 and December 31, 2020, respectively, and is included within other assets in the Company’s unaudited consolidated balance sheets herein. The following table shows the delinquency status of our VOI notes receivable as of June 30, 2021 and December 31, 2020 (in thousands): As of June 30, December 31, 2021 2020Current $ 532,881 $ 517,11131-60 days 4,327 5,77861-90 days 3,451 4,541Over 91 days (1) 19,661 23,963Total $ 560,320 $ 551,393 (1)Includes $9.6 million and $11.4 million related to VOI notes receivable that, as of June 31, 2021 and December 31, 2020, respectively, had defaulted, but the related VOI note receivable balance had not yet been charged off in accordance with the provisions of certain receivable-backed notes payable transactions. These VOI notes receivable have been reflected in the allowance for loan losses.

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 2021
Variable Interest Entities [Abstract]
Variable Interest Entities	5 . Variable Interest Entities We sell VOI notes receivable through special purpose finance entities. These transactions are generally structured as non-recourse to us and are designed to provide liquidity and to transfer the economic risks and benefits of the notes receivable to third parties. In a securitization, various classes of debt securities are issued by the special purpose finance entities that are generally collateralized by a single tranche of transferred assets, which consist of VOI notes receivable. We service the securitized notes receivable for a fee pursuant to servicing agreements negotiated with third parties based on market conditions at the time of the securitization. In these securitizations, the Company generally retains a portion of the securities and continues to service the securitized notes receivable. Under these arrangements, the cash payments received from obligors on the receivables sold are generally applied monthly to pay fees to service providers, make interest and principal payments to investors, and fund required reserves, if any, with the remaining balance of such cash retained by the Company; however, to the extent the portfolio of receivables fails to satisfy specified performance criteria (as may occur due to, among other things, an increase in default rates or credit loss severity) or other trigger events occur, the funds received from obligors are required to be distributed on an accelerated basis to investors. Depending on the circumstances and the transaction, the application of the accelerated payment formula may be permanent or temporary until the trigger event is cured. As of June 30, 2021, we were in compliance with all terms under its securitization transactions, and no trigger events had occurred. In accordance with applicable accounting guidance for the consolidation of VIEs, we analyze our variable interests, which may consist of loans, servicing rights, guarantees, and equity investments, to determine if an entity in which we have a variable interest is a VIE. The analysis includes a review of both quantitative and qualitative factors. The Company bases its quantitative analysis on the forecasted cash flows of the entity and it bases its qualitative analysis on the structure of the entity, including its decision-making ability and authority with respect to the entity, and relevant financial agreements. We also uses its qualitative analysis to determine if it must consolidate a VIE as the primary beneficiary. In accordance with applicable accounting guidance, the Company has determined these securitization entities to be VIEs of which it is the primary beneficiary and, therefore, the entities are consolidated into the Company’s financial statements. Under the terms of certain of VOI note sales, we have the right to repurchase or substitute a limited amount of defaulted notes for new notes at the outstanding principal balance plus accrued interest. Voluntary repurchases and substitutions of defaulted notes for the six months ended June 30, 2021 and 2020 were $ 8.1 million and $ 7.6 million, respectively. The Company’s maximum exposure to loss relating to non-recourse securitization entities is the difference between the outstanding VOI notes receivable and the notes payable, plus cash reserves and any additional residual interest in future cash flows from collateral. The assets and liabilities of the Company’s consolidated VIEs are as follows (in thousands): June 30, December 31, 2021 2020 Restricted cash $ 17,960 $ 20,469 Securitized notes receivable, net 278,285 292,021 Receivable backed notes payable - non-recourse 322,565 341,532 The restricted cash and the securitized notes receivable balances disclosed in the table above are restricted to satisfy obligations of the VIEs.

Inventory

Inventory	6 Months Ended
	Jun. 30, 2021
Inventory [Abstract]
Inventory	‎ 6. Inventory Our VOI inventory consists of the following (in thousands): As of June 30, December 31, 2021 2020 Completed VOI units $ 259,951 $ 268,686Construction-in-progress 14,342 —Real estate held for future development 69,069 78,436Total $ 343,362 $ 347,122 Construction-in-progress consists primarily of additional VOI units being developed at The Cliffs at Long Creek and The Bluegreen Wilderness Club at Big Cedar in Ridgedale, Missouri.

Debt

Debt	6 Months Ended
	Jun. 30, 2021
Debt [Abstract]
Debt	7. Debt Lines-of-Credit and Notes Payable The Company has outstanding borrowings with various financial institutions and other lenders. Financial data related to our lines of credit and notes payable (other than receivable-backed notes payable, which are discussed below) as of June 30, 2021 and December 31, 2020, were as follows (dollars in thousands): As of June 30, 2021 December 31, 2020 Balance Interest‎Rate Carrying‎Amount of‎Pledged‎Assets Balance Interest‎Rate Carrying‎Amount of‎Pledged‎Assets NBA Éilan Loan $ — —   $ — $ 15,903 4.75% $ 28,491Fifth Third Syndicated LOC 20,000 2.25% 38,616 30,000 2.25% 50,822Fifth Third Syndicated Term 91,250 2.25% 176,184 93,750 2.25% 158,817Unamortized debt issuance costs (1,036) —   — (1,267) —   — Total $ 110,214 $ 214,800 $ 138,386 $ 238,130 NBA Éilan Loan. The then-outstanding balance of $15.6 million on the NBA Éilan Loan was repaid in full in March 2021. Accordingly, the related unamortized debt issuance costs of $0.2 million were written off during the six months ended June 30, 2021. Except as described above, there were no new debt issuances or significant changes related to the above listed lines-of-credit or notes payable during the six months ended June 30, 2021. See Note 10 to the Company’s Consolidated Financial Statements included in its 2020 Annual Report on Form 10-K for additional information regarding these lines-of-credit and notes payable. ‎ Receivable-Backed Notes Payable Financial data related to our receivable-backed notes payable facilities as of June 30, 2021 and December 31, 2020 was as follows (dollars in thousands): As of June 30, 2021 December 31, 2020 Debt‎Balance Interest‎Rate Principal‎Balance of‎Pledged/‎Secured‎Receivables Debt‎Balance Interest‎Rate Principal‎Balance of‎Pledged/‎Secured‎Receivables Receivable-backed notes‎   payable - recourse: Liberty Bank Facility $ 10,000 3.40% $ 14,237 $ 10,000 3.40% $ 13,970NBA Receivables Facility 12,076 3.00% 16,978 19,877 3.32% 26,220Pacific Western Facility 10,000 3.06% 14,354 8,623 3.15% 13,131 Total 32,076 45,569 38,500 53,321 Receivable-backed notes‎   payable - non-recourse: Liberty Bank Facility (1) $ 2,591 3.40% $ 3,689 $ 2,316 3.40% $ 3,235NBA Receivables Facility (2) 23,738 3.00% 33,375 11,985 3.32% 15,809Pacific Western Facility (3) 8,268 3.06% 11,868 — — —KeyBank/DZ Purchase Facility 33,555 2.50% 40,760 — — —Quorum Purchase Facility 24,791 4.75-5.10% 28,796 29,788 4.75-5.10% 34,6512013 Term Securitization 8,729 3.20% 9,848 11,922 3.20% 13,4832015 Term Securitization 18,281 3.02% 19,341 22,560 3.02% 24,4752016 Term Securitization 29,749 3.35% 33,163 35,700 3.35% 40,2212017 Term Securitization 43,792 3.12% 50,094 51,470 3.12% 58,9072018 Term Securitization 62,433 4.02% 71,443 72,486 4.02% 84,4542020 Term Securitization 106,233 2.60% 121,583 123,600 2.60% 139,052Unamortized debt issuance costs (4,998) --- — (5,994) --- — Total 357,162 423,960 355,833 414,287Total receivable-backed debt $ 389,238 $ 469,529 $ 394,333 $ 467,608 (1)Recourse on the Liberty Bank Facility is limited to $10.0 million, subject to certain exceptions. (2)Recourse on the NBA Receivables Facility was reduced to $12.1 million as of June 30, 2021 and will be reduced by $1.3 million per month until it reaches a floor of $10.0 million. (3)Recourse on the Pacific Western Facility was limited to $10.0 million as of June 30, 2021, subject to certain exceptions. This amount was subsequently decreased to $7.5 million, subject to certain exceptions, as discussed below. Liberty Bank Facility. Since 2008, Bluegreen has maintained a revolving VOI notes receivable hypothecation facility (the “Liberty Bank Facility”) with Liberty Bank which provides for advances on eligible receivables pledged under the Liberty Bank Facility, subject to specified terms and conditions, during the revolving credit period. In June 2021, Bluegreen amended the Liberty Bank Facility to extend the revolving credit period from June 2021 to September 2021. On August 3, 2021, the facility was amended to further extend the revolving credit period to June 2024 and extend the maturity date from June 2024 to June 2026. As described in further detail below, the amendment, among other things, also increased the advance rates and decreased the interest rate on future borrowings. The advance rate with respect to Qualified Timeshare Loans is 85% (an increase from the 80% advance rate in place prior to the August amendment) of the unpaid principal balance of the Qualified Timeshare Loans. The advance rate is 70% (an increase from the 60% advance rate in place prior to the August amendment) of the unpaid principal balance of Non-Conforming Qualified Timeshare Loans. Maximum permitted outstanding borrowings are $40.0 million, subject to the terms of the facility. The interest rate on outstanding borrowings prior to the August amendment is the Prime Rate minus 0.10% with a floor of 3.40%; provided, however, that pursuant to the August amendment, the interest rate on those borrowings will be the Prime Rate minus 0.50% with a floor of 3.00% if Bluegreen borrows an additional $15.0 million by December 31, 2021. The interest rate on future borrowings will be the Prime Rate minus 0.50% with a floor of 3.00%. Recourse to Bluegreen under the amended facility is limited to $5.0 million (a decrease from $10.0 million prior to the August amendment), with certain exceptions set forth in the facility. Subject to the terms of the facility, principal and interest due under the Liberty Bank Facility are paid as cash is collected on the pledged receivables, with the remaining balance being due by maturity. Pacific Western Facility. Bluegreen has a revolving VOI notes receivable hypothecation facility (the “Pacific Western Facility”) with Pacific Western Bank, which provides for advances on eligible VOI notes receivable pledged under the facility, subject to specified terms and conditions, during a revolving credit period. In July 2021, Bluegreen amended and restated the facility, which increased the maximum outstanding borrowings from $40.0 million to $50.0 million, subject to eligible collateral and customary terms and conditions; extended the revolving advance period from September 2021 to September 2024; extended the maturity from September 2024 to September 2027; and amended certain other terms of the facility, including a future decrease in the interest rate on borrowings as described below. Eligible “A” VOI notes receivable that meet certain eligibility and FICO score requirements, which Bluegreen believes are typically consistent with loans originated under its current credit underwriting standards, are subject to an 85% advance rate. The Pacific Western Facility also allows for certain eligible “B” VOI notes receivable (which have less stringent FICO score requirements) to be funded at a 65% (53% advance rate prior to the amendment). Until September 21, 2021, borrowings under the Pacific Western Bank Facility will continue to bear interest at the prevailing rate under the facility, which is the 30-day Libor rate plus 2.75%, subject to a 3.00% floor.  Pursuant to the amendment to the Pacific Western Bank Facility, effective September 21, 2021, all borrowings outstanding under the facility will bear interest at an annual rate equal to the 30-day Libor rate plus 2.50%, subject to a 2.75% floor. Principal and interest under the Pacific Western Bank Facility are paid as cash is collected on the pledged receivables, with the remaining balance being due upon maturity. In addition, subject to certain exceptions, the amendment reduced Bluegreen’s recourse liability from $10.0 million to $7.5 million. Principal and interest due under the Pacific Western Bank Facility are paid as cash is collected on the pledged receivables, with the remaining balance being due by maturity in September 2027. Other than as described above, there were no new debt issuances or changes related to the above listed facilities during the six months ended June 30, 2021. See Note 10 to the Company’s Consolidated Financial Statements included in its 2020 Annual Report on Form 10-K for additional information regarding the receivable-backed notes payable facilities. ‎ Junior Subordinated Debentures Financial data relating to the Company’s junior subordinated debentures as of June 30, 2021 and December 31, 2020 was as follows (dollars in thousands): June 30, 2021 December 31, 2020 Effective Effective Carrying Interest Carrying Interest MaturityAmounts Rates (1) Amounts Rates (1) Years (2)Woodbridge - Levitt Capital Trusts I - IV $ 66,302 3.99 - 4.05% $66,302 4.01 - 4.04% 2035 - 2036Bluegreen Statutory Trusts I - VI 104,596 4.99 - 5.10% 110,827 5.01 - 5.12% 2035 - 2037Unamortized debt issuance costs (1,022) (1,057) Unamortized purchase discount (35,428) (37,895) Total junior subordinated debentures$ 134,448 $ 138,177 (1)The junior subordinated debentures bear interest at three-month LIBOR (subject to quarterly adjustment) plus a spread ranging from 3.80% to 4.90%.(2)As of June 30, 2021 and December 31, 2020, all of the junior subordinated debentures were eligible for redemption by two wholly owned subsidiaries of the Company. During February 2021, Bluegreen purchased approximately $4.0 million of BST II trust preferred securities (par value of $6.1 million) for approximately $4.0 million and delivered such securities to the trust in exchange for the cancellation of par value of $6.1 million of Bluegreen’s junior subordinated debentures held by BST II. Availability As of June 30, 2021, the Company was in compliance with all financial debt covenants under its debt instruments. As of June 30, 2021, we had availability of approximately $270.0 million under our receivable-backed purchase and credit facilities, inventory lines of credit and corporate credit line, subject to eligible collateral and the terms of the facilities, as applicable. Note Payable to BBX Capital In connection with its spin-off of BBX Capital in September 2020, the Company issued a $75.0 million note payable to BBX Capital that accrues interest at a rate of 6% per annum and requires payments of interest on a quarterly basis. Under the terms of the note, we have the option in our discretion to defer interest payments under the note, with interest on the outstanding balance thereafter to accrue at a compounded rate of 8% per annum until such time as the Company is current on all accrued payments under the note, including deferred interest. All outstanding amounts will become due and payable in five years or earlier upon certain events. As of June 30, 2021 and December 31, 2020, $1.1 million was included in other liabilities in the Company’s unaudited consolidated balance sheet as accrued interest payable in connection with this note payable.

Fair Value Of Financial Instrum

Fair Value Of Financial Instruments	6 Months Ended
	Jun. 30, 2021
Fair Value Of Financial Instruments [Abstract]
Fair Value Of Financial Instruments	8. Fair Value of Financial Instruments ASC 820 Fair Value Measurements and Disclosures (Topic 820) defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The inputs used to measure fair value are classified into the following hierarchy: Level 1:Unadjusted quoted prices in active markets for identical assets or liabilities  Level 2:Unadjusted quoted prices in active markets for similar assets or liabilities, or unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs other than quoted prices that are observable for the asset or liability  Level 3:Unobservable inputs for the asset or liability The carrying amounts of financial instruments included in the consolidated financial statements and their estimated fair values as of June 30, 2021 and December 31, 2020 were as follows (in thousands): As of June 30, 2021 As of December 31, 2020 Carrying‎ Amount Estimated‎Fair Value Carrying‎ Amount Estimated‎Fair ValueCash and cash equivalents $ 216,112 $ 216,112 $ 221,118 $ 221,118Restricted cash 46,651 46,651 35,986 35,986Notes receivable, net 414,602 562,194 409,349 549,819Note payable to BBX Capital, Inc. 75,000 77,585 75,000 78,218Lines-of-credit, notes payable, and receivable-backed notes payable 499,452 509,300 532,719 547,400Junior subordinated debentures 134,448 125,500 138,177 133,500 Cash and cash equivalents. The amounts reported in the unaudited consolidated balance sheets for cash and cash equivalents approximate fair value. Restricted cash. The amounts reported in the unaudited consolidated balance sheets for restricted cash approximate fair value. Notes receivable, net.  The fair value of the Company’s notes receivable is estimated using Level 3 inputs and is based on estimated future cash flows considering contractual payments and estimates of prepayments and defaults, discounted at a market rate. Note Payable to BBX Capital. The fair value of the note payable to BBX Capital was determined using Level 3 inputs by discounting the net cash outflows estimated to be used to repay the debt. Lines-of-credit, notes payable, and receivable-backed notes payable. The amounts reported in the Company’s unaudited consolidated balance sheets for lines of credit, notes payable, and receivable-backed notes payable, approximate fair value for indebtedness that provides for variable interest rates. The fair value of the Company’s fixed-rate, receivable-backed notes payable was determined using Level 3 inputs by discounting the net cash outflows estimated to be used to repay the debt. These obligations are to be satisfied using the proceeds from the consumer loans that secure the obligations. Junior subordinated debentures. The fair value of the Company’s junior subordinated debentures is estimated using Level 3 inputs based on the contractual cash flows discounted at a market rate or based on market price quotes from the over-the-counter bond market.

Commitments And Contingencies

Commitments And Contingencies	6 Months Ended
	Jun. 30, 2021
Commitments And Contingencies [Abstract]
Commitments And Contingencies	‎ 9. Commitments and Contingencies Litigation Matters In the ordinary course of business, the Company and its subsidiaries are parties to lawsuits as plaintiff or defendant involving its operations and activities. Bluegreen is subject to claims or proceedings from time to time relating to the purchase, sale, marketing, or financing of VOIs and other business activities. Additionally, from time to time in the ordinary course of business, the Company is involved in disputes with existing and former employees, vendors, taxing jurisdictions, and other individuals and entities, and it also receives individual consumer complaints as well as complaints received through regulatory and consumer agencies, including Offices of State Attorneys General. The Company takes these matters seriously and attempts to resolve any such issues as they arise. The Company may also become subject to litigation related to the COVID-19 pandemic, including with respect to any actions the Company takes as a result thereof. Reserves are accrued for matters in which management believes it is probable that a loss will be incurred and the amount of such loss can be reasonably estimated. Management does not believe that the aggregate liability relating to known contingencies in excess of the aggregate amounts accrued will have a material impact on the Company’s results of operations or financial condition. However, litigation is inherently uncertain and the actual costs of resolving legal claims, including awards of damages, may be substantially higher than the amounts accrued for these claims and may have a material adverse impact on the Company’s results of operations or financial condition. Management is not at this time able to estimate a range of reasonably possible losses with respect to matters in which it is reasonably possible that a loss will occur. In certain matters, management is unable to estimate the loss or reasonable range of loss until additional developments provide information sufficient to support an assessment of the loss or range of loss. Frequently in these matters, the claims are broad and the plaintiffs have not quantified or factually supported their claim. Litigation As of June 30, 2021, there were no material pending legal proceedings against the Company or its subsidiaries other than those involving Bluegreen as described below. Bluegreen Litigation The following is a description of certain material pending legal proceedings involving Bluegreen: On September 22, 2017, Stephen Potje, Tamela Potje, Sharon Davis, Beafus Davis, Matthew Baldwin, Tammy Baldwin, Arnor Lee, Angela Lee, Gretchen Brown, Paul Brown, Jeremy Estrada, Emily Estrada, Michael Oliver, Carrie Oliver, Russell Walters, Elaine Walters, and Mike Ericson, individually and on behalf of all other similarly situated, filed a purported class action lawsuit against Bluegreen Vacations Unlimited (“BVU”), Bluegreen’s wholly owned subsidiary, which asserts claims for alleged violations of the Florida Deceptive and Unfair Trade Practices Act and the Florida False Advertising Law. In the complaint, the plaintiffs alleged the making of false representations in connection with Bluegreen’s sales of VOIs. The purported class action lawsuit was dismissed without prejudice after mediation. However, during April 2018, plaintiffs re-filed their individual claims in Palm Beach County Circuit Court. Subsequently on October 15, 2019, the Court entered an order granting summary judgment in favor of Bluegreen and dismissed all claims. Plaintiffs appealed the summary judgment order. An agreement was subsequently reach to settle all claims, which will include payment to Bluegreen on behalf of all but one Plaintiff. A Joint Notice of Settlement was filed with the appellate court advising of the settlement and that the Plaintiffs have filed a voluntary Dismissal Notice of Appeal. On June 28, 2018, Melissa S. Landon, Edward P. Landon, Shane Auxier and Mu Hpare, individually and on behalf of all others similarly situated, filed a purported class action lawsuit against Bluegreen and BVU asserting claims for alleged violations of the Wisconsin Timeshare Act, Wisconsin law prohibiting illegal referral selling, and Wisconsin law prohibiting illegal attorney’s fee provisions. Plaintiffs’ allegations include that Bluegreen failed to disclose the identity of the seller of real property at the beginning of Bluegreen’s initial contact with the purchaser; that the defendants misrepresented who the seller of the real property was; that the defendants misrepresented the buyer’s right to cancel; that the defendants included an illegal attorney’s fee provision in the sales document(s); that the defendants offered an illegal “today only” incentive to purchase; and that the defendants utilized an illegal referral selling program to induce the sale of VOIs. Plaintiffs seek certification of a class consisting of all persons who, in Wisconsin, purchased from BVU one or more VOIs within six years prior to the filing of this lawsuit. Plaintiffs seek statutory damages, attorneys’ fees and injunctive relief. Bluegreen and BVU moved to dismiss the case, and on November 27, 2019, the court issued a ruling granting the motion in part. Plaintiffs moved for class certification, which the defendants have opposed. The Company believes the lawsuit is without merit and is vigorously defending the action. On January 7, 2019, Shehan Wijesinha filed a purported class action lawsuit alleging violations of the Telephone Consumer Protection Act (the “TCPA”). It is alleged that BVU called plaintiff’s cell phone for telemarketing purposes using an automated dialing system, and that plaintiff did not give BVU his express written consent to do so. Plaintiff seeks certification of a class comprised of other persons in the United States who received similar calls from or on behalf of BVU without the person’s consent. Plaintiff seeks monetary damages, attorneys’ fees and injunctive relief. Bluegreen believes the lawsuit is without merit and intends to vigorously defend the action. On July 15, 2019, the court entered an order staying this case pending a ruling from the Federal Communications Commission clarifying the definition of an automatic telephone dialing system under the TCPA and the decision of the Eleventh Circuit in a separate action brought against a VOI company by a plaintiff alleging violations of the TCPA. On January 7, 2020, the Eleventh Circuit issued a ruling consistent with BVU’s position, and on June 26, 2020, the FCC also issued a favorable ruling. The case was stayed pending the United States Supreme Court’s decision in Facebook, Inc. v. Duguid. On April 1, 2021, the Supreme Court issued decision on the Facebook case which was favorable to Bluegreen’s position that an automatic telephone dialing system was not used in this case. Bluegreen believes the ruling disposes of the plaintiff’s claim and filed a Notice of Supplemental Authority advising the court of the ruling. On July 18, 2019, Eddie Boyd, et al. filed an action alleging that BVU and co-defendants violated the Missouri Merchandise Practices Act for allegedly making false statements and misrepresentations with respect to the sale of VOIs. Plaintiffs further have filed a purported class action allegation that BVU’s charging of an administrative processing fee constitutes the unauthorized practice of law, and have also asserted that Bluegreen and its outside counsel engaged in abuse of process by filing a lawsuit against plaintiffs’ counsel (The Montgomery Law Firm). Plaintiffs seek monetary damages, attorneys’ fees and injunctive relief. On August 31, 2020, the court certified a class regarding the unauthorized practice of law claim and dismissed the claims regarding abuse of process. On January 11, 2021, the Court issued an order that the class members are not entitled to rescission of their contracts because they failed to plead fraud in the inducement. Discovery is ongoing. Bluegreen believes the lawsuit is without merit and intends to move to decertify the class and for summary judgment. On July 7, 2020, Robert Barban and approximately 172 other plaintiffs filed an action against Bluegreen’s subsidiaries, Bluegreen Resorts Management, Inc. (“BRM”) and Vacation Trust, Inc. (“VTI”), seeking a financial review. Plaintiffs alleged that the allocation system in place did not allow them to use the accommodations and facilities. They also allege that BRM has unreasonably escalated operating costs and that VTI failed to protect the plaintiffs from these costs. On April 14, 2021, the court entered an order dismissing the case without prejudice. On July 14, 2020, Kenneth Johansen, individually and on behalf of all others similarly situated, filed a purported class action against BVU for alleged violations of the TCPA. Specifically, the named plaintiff alleges that he received numerous telemarketing calls from BVU while he was on the National Do Not Call Registry. Bluegreen filed a motion to dismiss, and plaintiff in response filed an amended complaint on September 18, 2020. On February 18, 2021, plaintiff filed a motion for class certification seeking to certify a class of thousands of individual proposed class members. On April 15, 2021 a court-ordered mediation was conducted at which time the parties were not able to resolve the lawsuit. Bluegreen has opposed the class certification and is vigorously defending the action. On August 30, 2020, over 100 VOI owners at The Manhattan Club (“TMC”) sued BVU and certain unaffiliated entities (the “Non-Bluegreen Defendants”). The complaint included claims arising out of alleged misrepresentations made during the sale of VOIs at TMC and certain post-sale operational practices, including allegedly charging owners excessive annual maintenance fees and implementing reservation policies that restrict the ability of VOI owners to use their points to access the resort while allowing the general public to make reservations. The plaintiffs assert in the complaint that Bluegreen acquired operational control of TMC from the Non-Bluegreen Defendants in 2018 and assumed joint liability for any prior wrongdoing by them. Bluegreen believes this assertion to be erroneous and that the claims against BVU are without merit. Bluegreen has moved to dismiss the complaint. On March 15, 2018, BVU entered into an Agreement for Purchase and Sale of Assets with T. Park Central, LLC, O. Park Central, LLC, and New York Urban Ownership Management, LLC, (collectively “New York Urban”) (“Purchase and Sale Agreement”), which provided for the purchase of The Manhattan Club inventory over a number of years and the management contract for The Manhattan Club Association, Inc. On October 7, 2019, New York Urban initiated arbitration proceedings against BVU alleging that The Manhattan Club Association, Inc. (of which BVU was a member) was obligated to pay an increased management fee to a New York Urban affiliate and that this higher amount would be the benchmark for BVU’s purchase of the management contract under the parties’ Purchase and Sale Agreement. New York Urban also sought damages in the arbitration proceedings in excess of $10 million for promissory estoppel and tortious interference.  On November 19, 2019, the parties participated in mediation but did not resolve the matter. On November 20, 2019, New York Urban sent a letter to BVU advising that it was: (1) withdrawing its arbitration demand; (2) notifying the Board that it was not seeking to execute the proposed amendment to the Management Agreement that was originally sent to Bluegreen on April 24, 2019; and (3) was not going to pay itself a management fee for the 2020 operating year in an amount exceeding the 2019 operating year (i.e., $6.5 million). On November 21, 2019, BVU sent New York Urban a Notice of Termination of the Purchase and Sale Agreement. On November 25, 2019, New York Urban sent its own Notice of Termination and a separate letter containing an offer to compromise if BVU resigned its position on the Board and permitted New York Urban to enforce its rights to the collateral. On November 29, 2019, BVU accepted the offer and on December 18, 2019, BVU provided New York Urban with resignations of its members on the Board of Directors. On April 2, 2021, New York Urban initiated new arbitration proceedings against BVU, alleging it is owed over $70 million for periodic inventory closings that have not occurred since the Purchase and Sale Agreement was terminated or that will not occur because of the termination. New York Urban also seeks over $50 million because, due to the Purchase and Sale Agreement’s termination, the closing on the management contract will not occur. Bluegreen believes this claim is without merit. Bluegreen is pursuing declaratory relief and breach of the settlement agreement. The parties are discussing submitting the claims for arbitration. Commencing in 2015, it came to Bluegreen’s attention that its collection efforts with respect to its VOI notes receivable were being impacted by a then emerging, industry-wide trend involving the receipt of  “cease and desist” letters from exit firms and attorneys purporting to represent certain VOI owners. Following receipt of these letters, we are unable to contact the owners unless allowed by law. We believe these exit firms have encouraged such owners to become delinquent and ultimately default on their obligations and that such actions and its inability to contact the owners have been a material factor in the increase in its annual default rates. Our average annual default rates have increased from 6.9% in 2015 to 9.7% to date in 2021. We also estimate that approximately 13.1% of the total delinquencies on its VOI notes receivable as of June 30, 2021 related to VOI notes receivable subject to this issue. Bluegreen has in a number of cases pursued, and may in the future pursue, legal action against the VOI owners, and as described below, against the exit firms. On November 13, 2019, we filed a lawsuit against timeshare exit firm The Montgomery Law Firm and certain of its affiliates. In the complaint, Bluegreen alleged that through various forms of deceptive advertising, as well as inappropriate direct contact with VOI owners, such firm and its affiliates made false statements about Bluegreen and provided misleading information to the VOI owners and encouraged nonpayment by consumers. Bluegreen believes the consumers are paying fees to the firm and its affiliates in exchange for illusory services. Bluegreen has asserted claims under the Lanham Act, as well as tortious interference with contractual relations, civil conspiracy to commit tortious interference and other claims. Defendants’ motion to dismiss was denied. Discovery is ongoing. On November 13, 2020, Bluegreen filed a lawsuit against timeshare exit firm, Carlsbad Law Group, LLP, and certain of its associated law firms and affiliates. On December 30, 2020, Bluegreen filed a lawsuit against timeshare exit firm, The Molfetta Law Firm, and certain of its associated law firms, affiliates, and cohorts, including Timeshare Termination (“TTT”). In both of these actions, Bluegreen makes substantially the same claims against the timeshare exit firms and its associated law firms and affiliates as those made in its action against The Montgomery Law Firm described above. In June 2021, counsel for TTT moved to withdraw, citing TTT’s insolvency. Discovery is ongoing with respect to the Carlsbad matter Other Commitments, Contingencies and Guarantees The Company, indirectly through Bluegreen and BVU has an exclusive marketing agreement with Bass Pro, a nationally-recognized retailer of fishing, marine, hunting, camping and sports gear, that provides it with the right to market and sell vacation packages at kiosks in each of Bass Pro’s retail locations and through other means. Pursuant to a settlement agreement Bluegreen entered into with Bass Pro and its affiliates during June 2019, Bluegreen paid Bass Pro $20.0 million and agreed to, among other things, make five annual payments to Bass Pro of $4.0 million in January of each year, commencing in 2020. Bluegreen made two annual payments of $4.0 million to Bass Pro during both January 2020 and 2021. As of June 30, 2021 and December 31, 2020, $11.0 million and $14.7 million, respectively, was included in accrued liabilities and other in the unaudited consolidated balance sheet, for the remaining payments required by the settlement agreement. During the six months ended June 30, 2021 and 2020, VOI sales to prospects and leads generated by the agreement with Bass Pro accounted for approximately 17% and 10%, respectively, of Bluegreen’s VOI sales volume. Subject to the terms and conditions of the settlement agreement, Bluegreen will generally be required to pay the fixed annual fee with respect to at least 59 Bass Pro retail stores and a minimum number of Cabela’s retail stores that increases over time to a total of at least 60 Cabela’s retail stores by the end of 2021. In January 2021, Bluegreen paid $6.9 million for this fixed fee, of which $3.6 million was prepaid and is included in the Company’s unaudited consolidated balance sheet as of June 30, 2021. During the three and six months ended June 30, 2021, Bluegreen incurred $1.6 million and $3.4 million, respectively, for this fixed fee which is included in selling, general and administrative expenses in the Company’s unaudited consolidated statements of operations and comprehensive income, compared to $1.1 million and $2.5 million for the three and six months ended June 30, 2020, respectively. Notwithstanding the foregoing, the minimum number of Bass Pro and Cabela’s retail stores for purposes of the fixed annual fee may be reduced under certain circumstances set forth in the agreement, including as a result of a reduction of traffic in the stores in excess of 25% year-over-year. As of June 30, 2021, Bluegreen had sales and marketing operations at a total of 112 Bass Pro Shops and Cabela’s Stores. In lieu of paying maintenance fees for unsold VOI inventory, Bluegreen may enter into subsidy agreements with certain HOAs.  During the six months ended June 30, 2021 and 2020, Bluegreen made subsidy payments related to such subsidies of $4.7 million and $4.6 million, respectively, which are included in cost of other fee-based services in the Company’s unaudited consolidated statements of operations and comprehensive income. As of June 30, 2021, Bluegreen had $8.4 million accrued for such subsidies, which is included in accrued liabilities and other in the unaudited consolidated balance sheet as of such date. As of December 31, 2020, Bluegreen had no accrued liabilities for such subsidies.

Common Stock

Common Stock	6 Months Ended
	Jun. 30, 2021
Common Stock [Abstract]
Common Stock	‎ 10. Common Stock Stock Incentive Plans At the Company’s Annual Meeting of Shareholders held on July 21, 2021, the Company’s shareholders approved the Bluegreen Vacations Holding Corporation 2021 Incentive Plan (the “Plan”), which allows for the issuance of up to 2,000,000 shares of the Company’s Class A Common Stock pursuant to restricted stock awards and options which may be granted under the Plan.  The Plan also permits for the grant of performance-based cash awards. On June 3, 2021, the Compensation Committee of the Company’s Board of Directors approved the grant of 468,439 restricted shares of the Company’s Class A Common Stock to certain executive officers and employees under the Plan. After giving effect to those awards, 1,531,561 shares of Class A Common Stock remained available for grant under the Plan as of June 30, 2021.  The Company accounts for compensation cost for unvested restricted stock awards based on the fair value of the award on the measurement date, which is generally the grant date, and is recognized on a straight-line basis over the requisite service period of the award, with forfeitures recognized as incurred. The aggregate grant date fair value of the awards granted in June 2021 was $9.7 million. 275,939 of the shares granted cliff vest in 4 years, or June 3, 2025, and 192,500 shares cliff vest in 10 years, or June 3, 2031. During the three and six months ended June 30, 2021, the Company recognized $0.2 million of share-based compensation expense in connection with these restricted awards and, as of June 30, 2021, restricted share expense of approximately $9.5 million remained unamortized. Earnings per Share During the three and six months ended June 30, 2021, 234,220 shares and 58,555 shares, respectively, of unvested restricted stock awards were excluded from the computation of diluted earnings per share as the shares were antidilutive under the treasury stock method. During the three and six months ended June 30, 2020, 1,016,981 shares of unvested restricted stock awards were excluded from the computation of diluted earnings per share for the period as the shares were antidilutive due to a loss for the period.

Noncontrolling Interests

Noncontrolling Interests	6 Months Ended
	Jun. 30, 2021
Noncontrolling Interests [Abstract]
Noncontrolling Interests	11. Noncontrolling Interests Noncontrolling interests in the Company’s consolidated subsidiaries consisted of the following (in thousands): As of As of June 30, December 31, 2021 2020 Bluegreen (1) $ — $ 22,821Bluegreen/Big Cedar Vacations (2) 58,073 52,026Total noncontrolling interests $ 58,073 $ 74,847 (1)Prior to May 5, 2021, the Company beneficially owned approximately 93% of Bluegreen’s outstanding common stock. As a result of the merger effected on May 5, 2021, Bluegreen is now a wholly owned subsidiary. (2)Bluegreen owns 51% of Bluegreen/Big Cedar Vacations. See “Our Business” under Note 1 above for information regarding the statutory short-form merger effected on May 5, 2021, pursuant to which the Company acquired all of the approximately 7% of the outstanding shares of Bluegreen’s common stock that the Company did not previously beneficially own. During the 2021 period prior to the short-form merger, Bluegreen did not repurchase or retire any shares of its common stock. During the six months ended June 30, 2020, Bluegreen repurchased 1,878,400 shares of its common stock in a private transaction for $11.7 million and retired those shares. ‎ Income (loss) attributable to noncontrolling interests from continuing operations consisted of the following (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Bluegreen $ 497 $ (636) $ 861 $ (421)Bluegreen/Big Cedar Vacations 3,881 641 6,047 1,377Net income attributable to noncontrolling interest - continuing operations $ 4,378 $ 5 $ 6,908 $ 956

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2021
Income Taxes [Abstract]
Income Taxes	12. Income Taxes The Company and its subsidiaries file a consolidated U.S. federal income tax return and income tax returns in various state and foreign jurisdictions. With certain exceptions, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2017 for federal returns and 2016 for state returns. The Company’s effective income tax rate was approximately 28% and 11% during the three months ended June 30, 2021 and 2020, respectively, and 28% and 3% during the six months ended June 30, 2021 and 2020, respectively. Effective income tax rates for interim periods are based upon the Company’s then current estimated annual rate. The effective income tax rate varies based upon the estimate of taxable earnings as well as on the mix of taxable earnings in the various states in which the Company and its subsidiaries operate. As such, the Company’s effective tax rates for the 2021and 2020 periods reflect an estimate of its annual taxable earnings, state taxes, non-deductible items and changes in valuation allowance on deferred tax assets for each respective year. The 2020 periods include estimates made at the time related to the full year’s impact of the COVID-19 pandemic. Certain of the Company’s state filings are under routine examination. While there is no assurance as to the results of these audits, the Company does not currently anticipate any material adjustments in connection with these examinations. As of June 30, 2021, the Company did not have any significant amounts accrued for interest and penalties or recorded for uncertain tax positions.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2021
Related Party Transactions [Abstract]
Related Party Transactions	13. Related Party Transactions The Company may be deemed to be controlled by Alan B. Levan, Chairman, Chief Executive Officer and President of the Company, John E. Abdo, Vice Chairman of the Company, Jarett S. Levan, a director of the Company and former President of the Company, and Seth M. Wise, a director of the Company and former Executive Vice President of the Company. Together, they may be deemed to beneficially own shares of the Company’s Class A Common Stock and Class B Common Stock representing approximately 78% of the Company’s total voting power. Mr. Alan Levan, Mr. Abdo, Mr. Lopez and the Company’s other executives receive a significant portion of their compensation from Bluegreen on behalf of the Company and Bluegreen. Further, in connection with the spin-off of BBX Capital during September 2020, Mr. Jarett Levan became the Chief Executive Officer and President and a director of BBX Capital, Mr. Alan Levan became the Chairman of BBX Capital, Mr. Abdo became Vice Chairman of BBX Capital and Seth M. Wise became Executive Vice President and a director of BBX Capital. Mr. Alan Levan, Mr. Abdo, Mr. Jarett Levan and Mr. Wise may also be deemed to control BBX Capital through their ownership of BBX Capital’s Class A Common Stock and Class B Common Stock. See “Our Business” under Note 1 above for information regarding the statutory short-form merger effected on May 5, 2021, pursuant to which the Company acquired all of the approximately 7% of the outstanding shares of Bluegreen’s common stock that the Company did not previously beneficially own and Bluegreen became a wholly owned subsidiary of the Company. The Company paid or reimbursed BBX Capital $0.4 million and $0.7 million during the three and six months ended June 30, 2021, respectively, and $0.3 million and $0.6 million during the three and six months ended June 30, 2020, respectively, for management advisory, risk management, administrative and other services. The Company had $0.1 million in accrued expenses for the services described above as of June 30, 2021. There were no amounts accrued for such services as of December 31, 2020. During the three months ended June 30, 2021 and 2020, the Company paid Abdo Companies, Inc. $38,000 and $77,000, respectively, and during the six months ended June 30, 2021 and 2020, the Company paid Abdo Companies, Inc. $77,000 and $153,000, respectively, in exchange for certain management services. John E. Abdo, the Company’s Vice Chairman, is the principal shareholder and Chief Executive Officer of Abdo Companies, Inc. In connection with its spin-off of BBX Capital, the Company issued a $75.0 million note payable to BBX Capital. See Note 7 for a description of the terms of the Company’s note payable to BBX Capital. In connection with the spin-off, the Company also entered into a Transition Services Agreement, Tax Matters Agreement and Employee Matters Agreement with BBX Capital. The Transition Services Agreement generally sets out the respective rights, responsibilities and obligations of the Company and BBX Capital with respect to the support services to be provided to one another after the spin-off, as may be necessary to ensure an orderly transition. The Transition Services Agreement establishes a baseline charge for certain categories or components of services to be provided, which will be at cost unless the parties mutually agree to a different charge. The Transition Services Agreement was effective on September 30, 2020 and will continue for a minimum term of one year, provided that after that year, either party may terminate the Transition Services Agreement with respect to any or all services provided thereunder at any time upon thirty days prior written notice to the other party. Either party may renew or extend the term of the Transition Services Agreement with respect to the provision of any service which has not been previously terminated. During the three and six months ended June 30, 2021, BBX Capital reimbursed the Company $0.2 million under this agreement.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Segment Reporting	14. Segment Reporting Operating segments are defined as components of an enterprise about which separate financial information is available that is regularly reviewed by the chief operating decision maker (“CODM”) in assessing performance and deciding how to allocate resources. Reportable segments consist of one or more operating segments with similar economic characteristics, products and services, production processes, type of customer, distribution system or regulatory environment. As a result of the spin-off of BBX Capital on September 30, 2020, the Company’s CODM, who is also Bluegreen’s CODM, has determined that he will manage the Company’s operations, including its subsidiaries, in a manner consistent with how he manages Bluegreen’s operations. As a result, the Company’s results of operations are reported through two reportable segments: (i) Sales of VOIs and financing; and (ii) Resort operations and club management. The sales of VOIs and financing segment includes the Company’s marketing and sales activities related to the VOIs that are owned by the Company, VOIs acquired under just-in-time and secondary market inventory arrangements, or sales of VOIs through fee-for-service arrangements with third-party developers, as well as consumer financing activities in connection with sales of VOIs owned by the Company, and title services operations through a wholly owned subsidiary. The Resort operations and club management segment includes management services activities for the Bluegreen Vacation Club and for a majority of the HOAs of the resorts within the Bluegreen Vacation Club. In connection with those services, the Company also provides club reservation services, services to owners and billing and collections services to the Bluegreen Vacation Club and certain HOAs. Additionally, this segment includes revenue from Bluegreen’s Traveler Plus program, food and beverage and other retail operations, rental services activities, and management of construction activities for certain fee-based developer clients. The amounts set forth in the column “Corporate and Other” are general and administrative expenses of the Company that consist primarily of costs associated with administering the various support functions at its corporate headquarters, including executive compensation, legal, accounting, human resources, investor relations, and executive offices, including corporate overhead for discontinued operations. The information provided for segment reporting is obtained from internal reports utilized by management. The presentation and allocation of results of operations may not reflect the actual economic costs of the segments as standalone businesses. Due to the nature of the Company’s business, assets are not allocated to a particular segment, and therefore management does not evaluate the balance sheet by segment. If a different basis of allocation were utilized, the relative contributions of the segments might differ but the relative trends in the segments’ operating results would, in management’s view, likely not be impacted.‎ The table below sets forth the Company’s segment information for the three months ended June 30, 2021 (in thousands): Sales of‎VOIs and‎financing Resort‎operations‎and club‎management Corporate‎and other Elimination TotalRevenue: Sales of VOIs $ 91,812  $ — $ — $ — $ 91,812 Fee-based sales commission revenue 35,618  — — — 35,618 Other fee-based services revenue 2,863  27,579  — — 30,442 Cost reimbursements — 15,552  — — 15,552 Mortgage servicing revenue 1,270  — — (1,270) —Interest income 19,538  — 57  — 19,595 Other income, net — — 439  — 439 Total revenue 151,101  43,131  496  (1,270) 193,458  Costs and expenses: Cost of VOIs sold 7,024  — — — 7,024 Net carrying cost of VOI inventory 6,118  — — (6,118) —Cost of other fee-based services 784  8,745  — 6,118  15,647 Cost reimbursements — 15,552  — — 15,552 Selling, general and administrative expenses 95,276  — 19,678  (168) 114,786 Mortgage servicing expense 1,102  — — (1,102) —Interest expense 3,907  — 4,969  — 8,876 Total costs and expenses 114,211  24,297  24,647  (1,270) 161,885 Income (loss) before non-controlling interest and provision for income taxes $ 36,890  $ 18,834  $ (24,151) $ — $ 31,573  Add: Depreciation and amortization 1,430  200  Segment Adjusted EBITDA (1) $ 38,320  $ 19,034  (1)See Management’s Discussion and Analysis of Financial Condition and Results of Operations for information regarding Adjusted EBITDA, including the definition of Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net income.‎ The table below sets forth the Company’s segment information for the three months ended June 30, 2020 (in thousands): Sales of‎VOIs and‎financing Resort‎operations‎and club‎management Corporate‎and other Elimination ‎TotalRevenue: Sales of VOIs $ 9,054  $ — $ — $ — $ 9,054 Fee-based sales commission revenue 1,135  — — — 1,135 Other fee-based services revenue 1,349  25,064  — — 26,413 Cost reimbursements — 11,850  — — 11,850 Mortgage servicing revenue 1,510  — — (1,510) —Interest income 19,061  — 1,228  (871) 19,418 Other income, net — — 355  — 355 Total revenue 32,109  36,914  1,583  (2,381) 68,225  Costs and expenses: Cost of VOIs sold 1,038  — — — 1,038 Net carrying cost of VOI inventory 10,913  — — (10,913) —Cost of other fee-based services 719  6,903  — 10,913  18,535 Cost reimbursements — 11,850  — — 11,850 Selling, general and administrative expenses 32,329  — 18,055  (564) 49,820 Mortgage servicing expense 946  — — (946) —Interest expense 4,171  — 6,258  (871) 9,558 Total costs and expenses 50,116  18,753  24,313  (2,381) 90,801 Income (loss) before non-controlling interest and provision for income taxes $ (18,007) $ 18,161  $ (22,730) $ — $ (22,576) Add: Depreciation and amortization 1,483  190  Add: Severance 1,206  99  Segment Adjusted EBITDA (1) $ (15,318) $ 18,450  (1)See Management’s Discussion and Analysis of Financial Condition and Results of Operations for information regarding Adjusted EBITDA including, the definition of Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net income.    ‎The table below sets forth the Company’s segment information for the six months ended June 30, 2021 (in thousands): Sales of‎VOIs and‎financing Resort‎operations‎and club‎management Corporate‎and other Elimination TotalRevenue: Sales of VOIs $ 147,743  $ — $ — $ — $ 147,743 Fee-based sales commission revenue 61,336  — — — 61,336 Other fee-based services revenue 5,137  54,202  — — 59,339 Cost reimbursements — 32,160  — — 32,160 Mortgage servicing revenue 2,581  — — (2,581) —Interest income 38,666  — 190  — 38,856 Other income, net — — 278  — 278 Total revenue 255,463  86,362  468  (2,581) 339,712  Costs and expenses: Cost of VOIs sold 12,193  — — — 12,193 Net carrying cost of VOI inventory 13,891  — — (13,891) —Cost of other fee-based services 1,503  17,338  — 13,891  32,732 Cost reimbursements — 32,160  — — 32,160 Selling, general and administrative expenses 160,930  — 45,146  (326) 205,750 Mortgage servicing expense 2,255  — — (2,255) —Interest expense 8,070  — 10,541  — 18,611 Total costs and expenses 198,842  49,498  55,687  (2,581) 301,446 Income (loss) before non-controlling interest and provision for income taxes $ 56,621  $ 36,864  $ (55,219) $ — $ 38,266  Add: Depreciation and amortization 2,835  395  Segment Adjusted EBITDA (1) $ 59,456  $ 37,259  (1)See Management’s Discussion and Analysis of Financial Condition and Results of Operations for information regarding Adjusted EBITDA including, the definition of Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net income. The table below sets forth the Company’s segment information for the six months ended June 30, 2020 (in thousands): Sales of‎VOIs and‎financing Resort‎operations‎and club‎management Corporate‎and other Elimination TotalRevenue: Sales of VOIs $ 54,182  $ — $ — $ — $ 54,182 Fee-based sales commission revenue 42,500  — — — 42,500 Other fee-based services revenue 4,072  51,655  — — 55,727 Cost reimbursements — 30,970  — — 30,970 Mortgage servicing revenue 3,105  — — (3,105) —Interest income 39,209  — 3,480  (2,071) 40,618 Other income, net — — 525  — 525 Total revenue 143,068  82,625  4,005  (5,176) 224,522  Costs and expenses: Cost of VOIs sold 5,137  — — — 5,137 Net carrying cost of VOI inventory 18,827  — — (18,827) —Cost of other fee-based services 2,189  19,230  — 18,827  40,246 Cost reimbursements — 30,970  — — 30,970 Selling, general and administrative expenses 115,467  — 45,577  (739) 160,305 Mortgage servicing expense 2,366  — — (2,366) —Interest expense 8,835  — 12,692  (2,071) 19,456 Total costs and expenses 152,821  50,200  58,269  (5,176) 256,114 Income (loss) before non-controlling interest and provision for income taxes $ (9,753) $ 32,425  $ (54,264) $ — $ (31,592) Add: Depreciation and amortization 3,042  380  Add: Severance 3,769  1,233  Segment Adjusted EBITDA (1) $ (2,942) $ 34,038  (1)See Management’s Discussion and Analysis of Financial Condition and Results of Operations for information regarding Adjusted EBITDA including, the definition of Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net income.

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2021
Discontinued Operations [Abstract]
Discontinued Operations	15. Discontinued Operations On September 30, 2020, the Company completed the spin-off its former wholly owned subsidiary, BBX Capital. The Company continues to hold its investment in Bluegreen. BBX Capital, which became a separate public company as a result of the spin-off, holds all of the other businesses and investments previously owned by the Company, including BBX Capital Real Estate, BBX Sweet Holdings, and Renin. The Company no longer holds any interest in BBX Capital. BBX Capital and its subsidiaries’ operations are presented as discontinued operations in the Company’s financial statements. As of June 30, 2021 and December 31, 2020, there were no carrying amounts of major classes of assets or liabilities included as part of discontinued operations. ‎ The major components of loss from discontinued operations were as follows (in thousands): For the Three Months Ended ‎June 30, For the Six Months Ended ‎June 30, 2021 2020 2021 2020Revenues: Trade sales $ — $ 23,043 $ — $ 63,920Sales of real estate inventory — 2,839 — 9,278Interest income — 81 — 197Net gain (loss) on sales of real estate assets — 12 — (34)Other revenue — 453 — 1,051Total revenues — 26,428 — 74,412Costs and Expenses: Cost of trade sales — 22,385 — 52,157Cost of real estate inventory sold — 1,474 — 6,106Recoveries from loan losses, net — (1,525) — (5,037)Impairment losses — 3,305 — 31,588Selling, general and administrative expenses — 9,452 — 26,755Total costs and expenses — 35,091 — 111,569Equity in net earnings (losses) of unconsolidated real estate joint ventures — 145 — 696Foreign exchanges gain — (5) — 273Other income — 75 — 111Loss from discontinued operations before income taxes $ — $ (8,448) $ — $ (36,077) ‎ The major components of the statement of cash flows from discontinued operations were as follows (in thousands): For the Six Months Ended ‎June 30, 2021 2020Operating activities: Net loss $ — $ (34,936)Adjustment to reconcile net loss to net cash used in operating activities: Recoveries from loan losses, net — (5,037)Depreciation, amortization and accretion, net — 3,780Net losses on sales of real estate and property and equipment — 34Equity earnings of unconsolidated real estate joint ventures — (696)Return on investment in unconsolidated real estate joint ventures — 3,991Increase in deferred income tax asset — (1,144)Impairment losses — 31,588Decrease in trade inventory — 2,342Increase in trade receivables — (2,053)Decrease in real estate inventory — (316)Net change in operating lease assets and liabilities — (507)Increase in other assets — (234)Decrease in other liabilities — 1,840Net cash used in operating activities $ — $ (1,348)Investing activities: Return of investment in unconsolidated real estate joint ventures — 748Investments in unconsolidated real estate joint ventures — (12,664)Proceeds from repayment of loans receivable — 5,259Additions to real estate — (59)Purchases of property and equipment — (3,574)Decrease in cash from other investing activities — (34)Net cash used in investing activities $ — $ (10,324)

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2021
Subsequent Events [Abstract]
Subsequent Events	16. Subsequent Events Subsequent events have been evaluated through the date the financial statements were issued. As of such date, there were no subsequent events identified that required recognition or disclosure other than as disclosed in the footnotes herein.

Organization And Basis Of Fin_2

Organization And Basis Of Financial Statement Presentation (Policy)	6 Months Ended
	Jun. 30, 2021
Recently Issued Accounting Pronouncements [Abstract]
Our Business	Our Business On September 30, 2020, the Company completed its spin-off of BBX Capital, Inc. (“BBX Capital”). The former wholly owned subsidiary became a separate public company as a result of the spin-off and holds all of the historical business and investments other than the Company’s investment in Bluegreen Vacations Corporation (“Bluegreen”). As a result of the spin-off the Company is a “pure play” holding company whose sole asset is its wholly owned subsidiary Bluegreen. Prior to May 5, 2021, the Company beneficially owned approximately 93 % of Bluegreen’s outstanding common stock. On May 5, 2021, the Company acquired all of the approximately 7 % of the outstanding shares of Bluegreen’s common stock not previously beneficially owned by the Company through a statutory short-form merger under Florida law. In connection with the merger, Bluegreen’s shareholders (other than the Company ) received 0.51 shares of the Company’s Class A Common Stock for each share of Bluegreen’s common stock that they held at the effective time of the merger (subject to rounding up of fractional shares). T he Company issued approximately 2.66 million shares of its Class A Common Stock in connection with the merger. As a result of the completion of the merger, Bluegreen became a wholly owned subsidiary of the Company . The Company is a leading vacation ownership company that markets and sells vacation ownership interests (“VOIs”) and manages resorts in popular leisure and urban destinations. Our resorts are primarily located in high-volume, “drive-to” vacation locations, including Orlando, Las Vegas, Myrtle Beach, Charleston and New Orleans, among others. The resorts in which we market, sell, and manage VOIs were either developed or acquired by the Company, or were developed and are owned by third parties. The Company earns fees for providing sales and marketing services to third party developers and also earns fees for providing management services to the Bluegreen Vacation Club and homeowners’ associations (“HOAs”), mortgage servicing, VOI title services, reservation services, and construction design and development services. In addition, the Company provides financing to qualified VOI purchasers, which generates significant interest income.
Basis Of Presentation	Basis of Financial Statement Presentation The Company’s unaudited consolidated financial statements include the accounts of its wholly owned subsidiaries, other entities in which the Company or its consolidated subsidiaries hold controlling financial interests, and any Variable Interest Entities (“VIEs”) in which the Company or one of its consolidated subsidiaries is deemed the primary beneficiary of the VIE. All significant inter-company accounts and transactions have been eliminated in consolidation.
Continued Impact Of COVID-19 On Our Business	Im pact of the COVID-19 pandemi c Initial response and impact to 2020 The COVID-19 pandemic has caused, and continues to cause, an unprecedented disruption in the U.S. and global economies and the industries in which the Company operates due to, among other things, government ordered “shelter in place” and “stay at home” orders and advisories, travel restrictions, and restrictions on business operations, including government guidance with respect to travel, public accommodations, social gatherings, and related matters. These disruptions arising from the pandemic and the reaction of the general public to the pandemic had a significant adverse impact on the Company's financial condition and operations during the three and six months ended June 30, 2020 and through 2020. In response to the pandemic, during the last week of March 2020, the Company temporarily closed all of its VOI sales centers and marketing operations and took other measures with a goal of mitigating the impact of the pandemic and positioning Bluegreen to navigate the pandemic successfully. During the second quarter of 2020, we began a phased reopening of resorts and resumption of our business activities under new operating guidelines and with enhanced safety measures and occupancy restrictions. By June 30, 2020, 64 Bass Pro Shops and Cabela’s stores (out of the 89 that were open in March 2020) were open, we had reactivated our Choice Hotels call transfer program, virtually all of our resorts were open, and 21 of our 26 VOI sales centers were open for sales to existing owners and one sales center was selling to new prospects. In response to the pandemic, we implemented several cost mitigating activities beginning in March 2020, including reductions in our workforce of over 1,600 positions and the placement of another approximately 3,200 of our associates on temporary furlough or reduced work hours. As of June 30, 2020, approximately 2,300 associates had returned to work on a full-time basis. During the three and six months ended June 30, 2020, we incurred $ 2.2 million and $ 6.7 million in severance, respectively, and $ 10.7 million and $ 11.6 million, respectively, of payroll and payroll benefit expense relating to employees on temporary furlough or reduced work hours. These payments and expenses are included in selling, general and administrative expenses in the unaudited consolidated statement of operations for the three and six months ended June 30, 2020. Also, in March 2020, Bluegreen drew down $ 60 million under its lines-of-credit and pledged or sold receivables under its various receivable backed facilities to increase its cash position. In June 2020, Bluegreen repaid $ 40 million under its syndicated line-of-credit and amended the agreements to modify the definition of certain customary covenants. During the six months ended June 30, 2020, we recorded an additional allowance for loan losses of $ 12.0 million, which included our customary estimate of customer defaults as a result of the COVID-19 pandemic based on our historical experience, forbearance requests received from our customers, and other factors, including, but not limited to, the seasoning of the notes receivable and FICO scores of the customers. Impact to 2021 and outlook The Company continues to be adversely affected by the economic impact of the COVID-19 pandemic during 2021. The number of reported COVID -19 cases went down during the second quarter and as of June 30, 2021, we were operating marketing kiosks at 112 Bass Pro Shops and Cabela’s stores, including 13 new Cabela’s locations and one Bass Pro location opened during the six months ended June 30, 2021; the Choice Hotels call transfer program was close to pre-pandemic volume; all but two sales centers were operating and all of our resorts, except for one unrelated to COVID-19 in Surfside, FL, were open. Further, resort occupancy rates were approximately 86 % at resorts with sales centers in the second quarter of 2021 facilitated by our ‘drive-to’ network of resorts and we sold 56,000 vacation packages in the second quarter of 2021 compared to 8,000 in the second quarter of 2020. Further, during the second quarter of 2021, the Company experienced an increase in sales of VOIs, which we believe was a sign of improvement in general economic conditions. However, current levels of illness are rising and indicate that the pandemic and its impact on the Company are not over. The CDC recently issued new guidance regarding the use of masks and vaccinations are increasingly being required by government agencies and employers. Various state and local government officials may in the future issue new or revised orders that are different than the ones under which we are currently operating. Accordingly, there remains significant uncertainty as to the probable duration and severity of the pandemic and the likely impact of the pandemic on the Company’s future revenues, net income and other operating results.
Use Of Estimates	Use of Estimates The Company’s financial statements are prepared in conformity with GAAP, which requires it to make estimates based on assumptions about current and, for some estimates, future economic and market conditions which affect reported amounts and related disclosures in its financial statements. Although the Company’s current estimates contemplate current and expected future conditions, as applicable, actual conditions could differ from its expectations, which could materially affect its results of operations and financial position. In particular, a number of estimates have been and will continue to be affected by the ongoing COVID-19 pandemic. The severity, magnitude and duration, as well as the economic consequences of the COVID-19 pandemic, are uncertain, rapidly changing and difficult to predict. As a result, accounting estimates and assumptions may change over time in response to COVID-19. Such changes could result in, among other adjustments, future impairments of intangibles and long-lived assets, incremental credit losses on VOI notes receivable, an increase in valuation allowances on deferred tax assets, or an increase in other obligations as of the time of a relevant measurement event.

Revenue From Contracts With C_2

Revenue From Contracts With Customers (Tables)	6 Months Ended
	Jun. 30, 2021
Revenue from Contracts with Customers [Abstract]
Revenue Disaggregation	For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Sales of VOIs (1) $ 91,812 $ 9,054 $ 147,743 $ 54,182Fee-based sales commission revenue (1) 35,618 1,135 61,336 42,500Resort and club management revenue (2) 25,443 24,224 50,371 49,253Cost reimbursements (2) 15,552 11,850 32,160 30,970Administrative fees and other (1) 2,863 1,349 5,137 4,072Other revenue (2) 2,136 840 3,831 2,402Revenue from customers 173,424 48,452 300,578 183,379Interest income (3) 19,595 19,418 38,856 40,618Other income, net 439 355 278 525Total revenue $ 193,458 $ 68,225 $ 339,712 $ 224,522 (1) Included in the Company’s sales of VOIs and financing segment described in Note 14. (2) Included in the Company’s resort operations and club management segment described in Note 14.(3) Interest income of $19.5 million and $19.1 million for the three months ended June 30, 2021 and 2020, respectively, and $38.7 million and $39.2 million for the six months ended June 30, 2021 and 2020, respectively, are included in the Company’s sales of VOIs and financing segment described in Note 14.

Notes Receivable (Tables)

Notes Receivable (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Receivable [Abstract]
Information Relating To Bluegreen's Notes Receivable	As of June 30, December 31, 2021 2020Notes receivable secured by VOIs: VOI notes receivable - non-securitized $ 185,215 $ 156,078VOI notes receivable - securitized 375,105 395,315 Gross VOI notes receivable 560,320 551,393Allowance for loan losses - non-securitized (48,898) (38,750)Allowance for loan losses - securitized (96,820) (103,294) Allowance for loan losses (145,718) (142,044) VOI notes receivable, net $ 414,602 $ 409,349Allowance as a % of Gross VOI notes receivable 26% 26%
Activity In The Allowance For Loan Losses	For the Six Months Ended June 30, 2021 2020Balance, beginning of period $ 142,044 $ 140,630Provision for loan losses 30,807 32,199Less: Write-offs of uncollectible receivables (27,133) (25,200)Balance, end of period $ 145,718 $ 147,629
Financing Receivable Credit Quality Indicators And Past Due By Year Of Origination	Additional information about our VOI notes receivable by year of origination as of June 30, 2021 is as follows (in thousands): Year of Origination 2021 2020 2019 2018 2017 2016 and Prior Total 701+ $ 55,296 $ 58,631 $ 71,201 $ 47,010 $ 31,431 $ 51,113 $ 314,682 601-700 37,648 38,738 39,152 29,624 20,964 47,002 213,128 <601 (1) 1,803 3,542 4,079 2,705 1,767 5,018 18,914 Other (2) — 1,109 1,393 3,183 2,561 5,350 13,596 Total by FICO score $ 94,747 $ 102,020 $ 115,825 $ 82,522 $ 56,723 $ 108,483 $ 560,320 (1) Includes VOI notes receivable attributable to borrowers without a FICO score (who are primarily foreign borrowers). (2) Includes $ 9.6 million related to VOI notes receivable that, as of June 30, 2021, had defaulted, but the related VOI note receivable balance had not yet been charged off in accordance with the provisions of certain receivable-backed notes payable transactions. These VOI notes receivable have been reflected in the allowance for loan losses. Additional information about our VOI notes receivable by year of origination as of December 31, 2020 is as follows (in thousands): Year of Origination 2020 2019 2018 2017 2016 2015 and Prior Total 701+ $ 70,874 $ 85,294 $ 56,490 $ 37,371 $ 27,638 $ 35,693 $ 313,360 601-700 42,095 44,672 34,181 24,700 22,656 34,779 203,083 <601 (1) 3,737 4,491 3,003 2,113 2,188 3,954 19,486 Other (2) 29 567 3,805 3,476 2,336 5,251 15,464 Total by FICO score $ 116,735 $ 135,024 $ 97,479 $ 67,660 $ 54,818 $ 79,677 $ 551,393 (1) Includes VOI notes receivable attributable to borrowers without a FICO score (who are primarily foreign borrowers). (2) Includes $ 11.4 million related to VOI notes receivable that, as of December 31, 2020, had defaulted, but the related VOI note receivable balance had not yet been charged off in accordance with the provisions of certain receivable-backed notes payable transactions. These VOI notes receivable have been reflected in the allowance for loan losses.
Percentage Of Gross Notes Receivable Outstanding By FICO Score At Origination	The percentage of gross notes receivable outstanding by FICO score of the borrower at the time of origination were as follows: June 30, December 31, 2021 2020FICO Score 700+58% 59%601-69938 37 <6003 3 No Score (1)1 1 Total100% 100% (1)VOI notes receivable attributable to borrowers without a FICO score (who are primarily foreign borrowers).
Delinquency Status Of VOI Notes Receivable	The following table shows the delinquency status of our VOI notes receivable as of June 30, 2021 and December 31, 2020 (in thousands): As of June 30, December 31, 2021 2020Current $ 532,881 $ 517,11131-60 days 4,327 5,77861-90 days 3,451 4,541Over 91 days (1) 19,661 23,963Total $ 560,320 $ 551,393 (1)Includes $9.6 million and $11.4 million related to VOI notes receivable that, as of June 31, 2021 and December 31, 2020, respectively, had defaulted, but the related VOI note receivable balance had not yet been charged off in accordance with the provisions of certain receivable-backed notes payable transactions. These VOI notes receivable have been reflected in the allowance for loan losses.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	6 Months Ended
	Jun. 30, 2021
Variable Interest Entities [Abstract]
Information Related To The Assets And Liabilities Of The VIEs	June 30, December 31, 2021 2020 Restricted cash $ 17,960 $ 20,469Securitized notes receivable, net 278,285 292,021Receivable backed notes payable - non-recourse 322,565 341,532

Inventory (Tables)

Inventory (Tables)	6 Months Ended
	Jun. 30, 2021
Inventory [Abstract]
Summary Of Inventory	As of June 30, December 31, 2021 2020 Completed VOI units $ 259,951 $ 268,686 Construction-in-progress 14,342 — Real estate held for future development 69,069 78,436 Total $ 343,362 $ 347,122

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2021
Debt [Abstract]
Lines-Of-Credit And Notes Payable	As of June 30, 2021 December 31, 2020 Balance Interest‎Rate Carrying‎Amount of‎Pledged‎Assets Balance Interest‎Rate Carrying‎Amount of‎Pledged‎Assets NBA Éilan Loan $ — —   $ — $ 15,903 4.75% $ 28,491Fifth Third Syndicated LOC 20,000 2.25% 38,616 30,000 2.25% 50,822Fifth Third Syndicated Term 91,250 2.25% 176,184 93,750 2.25% 158,817Unamortized debt issuance costs (1,036) —   — (1,267) —   — Total $ 110,214 $ 214,800 $ 138,386 $ 238,130
Receivable-Backed Notes Payable	Financial data related to our receivable-backed notes payable facilities as of June 30, 2021 and December 31, 2020 was as follows (dollars in thousands): As of June 30, 2021 December 31, 2020 Debt‎Balance Interest‎Rate Principal‎Balance of‎Pledged/‎Secured‎Receivables Debt‎Balance Interest‎Rate Principal‎Balance of‎Pledged/‎Secured‎Receivables Receivable-backed notes‎   payable - recourse: Liberty Bank Facility $ 10,000 3.40% $ 14,237 $ 10,000 3.40% $ 13,970NBA Receivables Facility 12,076 3.00% 16,978 19,877 3.32% 26,220Pacific Western Facility 10,000 3.06% 14,354 8,623 3.15% 13,131 Total 32,076 45,569 38,500 53,321 Receivable-backed notes‎   payable - non-recourse: Liberty Bank Facility (1) $ 2,591 3.40% $ 3,689 $ 2,316 3.40% $ 3,235NBA Receivables Facility (2) 23,738 3.00% 33,375 11,985 3.32% 15,809Pacific Western Facility (3) 8,268 3.06% 11,868 — — —KeyBank/DZ Purchase Facility 33,555 2.50% 40,760 — — —Quorum Purchase Facility 24,791 4.75-5.10% 28,796 29,788 4.75-5.10% 34,6512013 Term Securitization 8,729 3.20% 9,848 11,922 3.20% 13,4832015 Term Securitization 18,281 3.02% 19,341 22,560 3.02% 24,4752016 Term Securitization 29,749 3.35% 33,163 35,700 3.35% 40,2212017 Term Securitization 43,792 3.12% 50,094 51,470 3.12% 58,9072018 Term Securitization 62,433 4.02% 71,443 72,486 4.02% 84,4542020 Term Securitization 106,233 2.60% 121,583 123,600 2.60% 139,052Unamortized debt issuance costs (4,998) --- — (5,994) --- — Total 357,162 423,960 355,833 414,287Total receivable-backed debt $ 389,238 $ 469,529 $ 394,333 $ 467,608 (1)Recourse on the Liberty Bank Facility is limited to $10.0 million, subject to certain exceptions. (2)Recourse on the NBA Receivables Facility was reduced to $12.1 million as of June 30, 2021 and will be reduced by $1.3 million per month until it reaches a floor of $10.0 million. (3)Recourse on the Pacific Western Facility was limited to $10.0 million as of June 30, 2021, subject to certain exceptions. This amount was subsequently decreased to $7.5 million, subject to certain exceptions, as discussed below.
Junior Subordinated Debentures Outstanding	Financial data relating to the Company’s junior subordinated debentures as of June 30, 2021 and December 31, 2020 was as follows (dollars in thousands): June 30, 2021 December 31, 2020 Effective Effective Carrying Interest Carrying Interest MaturityAmounts Rates (1) Amounts Rates (1) Years (2)Woodbridge - Levitt Capital Trusts I - IV $ 66,302 3.99 - 4.05% $66,302 4.01 - 4.04% 2035 - 2036Bluegreen Statutory Trusts I - VI 104,596 4.99 - 5.10% 110,827 5.01 - 5.12% 2035 - 2037Unamortized debt issuance costs (1,022) (1,057) Unamortized purchase discount (35,428) (37,895) Total junior subordinated debentures$ 134,448 $ 138,177 (1)The junior subordinated debentures bear interest at three-month LIBOR (subject to quarterly adjustment) plus a spread ranging from 3.80% to 4.90%.(2)As of June 30, 2021 and December 31, 2020, all of the junior subordinated debentures were eligible for redemption by two wholly owned subsidiaries of the Company.

Noncontrolling Interests (Table

Noncontrolling Interests (Tables)	6 Months Ended
	Jun. 30, 2021
Noncontrolling Interests [Abstract]
Schedule Of Noncontrolling Interests In Consolidated Subsidiaries	As of As of June 30, December 31, 2021 2020 Bluegreen (1) $ — $ 22,821 Bluegreen/Big Cedar Vacations (2) 58,073 52,026 Total noncontrolling interests $ 58,073 $ 74,847 (1) Prior to May 5, 2021, the Company beneficially owned approximately 93 % of Bluegreen’s outstanding common stock. As a result of the merger effected on May 5, 2021, Bluegreen is now a wholly owned subsidiary. (2) Bluegreen owns 51 % of Bluegreen/Big Cedar Vacations.
Schedule Of Income Attributable To Noncontrolling Interests	For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Bluegreen $ 497 $ ( 636 ) $ 861 $ ( 421 ) Bluegreen/Big Cedar Vacations 3,881 641 6,047 1,377 Net income attributable to noncontrolling interest - continuing operations $ 4,378 $ 5 $ 6,908 $ 956

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Segment Information	The table below sets forth the Company’s segment information for the three months ended June 30, 2021 (in thousands): Sales of‎VOIs and‎financing Resort‎operations‎and club‎management Corporate‎and other Elimination TotalRevenue: Sales of VOIs $ 91,812  $ — $ — $ — $ 91,812 Fee-based sales commission revenue 35,618  — — — 35,618 Other fee-based services revenue 2,863  27,579  — — 30,442 Cost reimbursements — 15,552  — — 15,552 Mortgage servicing revenue 1,270  — — (1,270) —Interest income 19,538  — 57  — 19,595 Other income, net — — 439  — 439 Total revenue 151,101  43,131  496  (1,270) 193,458  Costs and expenses: Cost of VOIs sold 7,024  — — — 7,024 Net carrying cost of VOI inventory 6,118  — — (6,118) —Cost of other fee-based services 784  8,745  — 6,118  15,647 Cost reimbursements — 15,552  — — 15,552 Selling, general and administrative expenses 95,276  — 19,678  (168) 114,786 Mortgage servicing expense 1,102  — — (1,102) —Interest expense 3,907  — 4,969  — 8,876 Total costs and expenses 114,211  24,297  24,647  (1,270) 161,885 Income (loss) before non-controlling interest and provision for income taxes $ 36,890  $ 18,834  $ (24,151) $ — $ 31,573  Add: Depreciation and amortization 1,430  200  Segment Adjusted EBITDA (1) $ 38,320  $ 19,034  (1)See Management’s Discussion and Analysis of Financial Condition and Results of Operations for information regarding Adjusted EBITDA, including the definition of Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net income.‎ The table below sets forth the Company’s segment information for the three months ended June 30, 2020 (in thousands): Sales of‎VOIs and‎financing Resort‎operations‎and club‎management Corporate‎and other Elimination ‎TotalRevenue: Sales of VOIs $ 9,054  $ — $ — $ — $ 9,054 Fee-based sales commission revenue 1,135  — — — 1,135 Other fee-based services revenue 1,349  25,064  — — 26,413 Cost reimbursements — 11,850  — — 11,850 Mortgage servicing revenue 1,510  — — (1,510) —Interest income 19,061  — 1,228  (871) 19,418 Other income, net — — 355  — 355 Total revenue 32,109  36,914  1,583  (2,381) 68,225  Costs and expenses: Cost of VOIs sold 1,038  — — — 1,038 Net carrying cost of VOI inventory 10,913  — — (10,913) —Cost of other fee-based services 719  6,903  — 10,913  18,535 Cost reimbursements — 11,850  — — 11,850 Selling, general and administrative expenses 32,329  — 18,055  (564) 49,820 Mortgage servicing expense 946  — — (946) —Interest expense 4,171  — 6,258  (871) 9,558 Total costs and expenses 50,116  18,753  24,313  (2,381) 90,801 Income (loss) before non-controlling interest and provision for income taxes $ (18,007) $ 18,161  $ (22,730) $ — $ (22,576) Add: Depreciation and amortization 1,483  190  Add: Severance 1,206  99  Segment Adjusted EBITDA (1) $ (15,318) $ 18,450  (1)See Management’s Discussion and Analysis of Financial Condition and Results of Operations for information regarding Adjusted EBITDA including, the definition of Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net income.    ‎The table below sets forth the Company’s segment information for the six months ended June 30, 2021 (in thousands): Sales of‎VOIs and‎financing Resort‎operations‎and club‎management Corporate‎and other Elimination TotalRevenue: Sales of VOIs $ 147,743  $ — $ — $ — $ 147,743 Fee-based sales commission revenue 61,336  — — — 61,336 Other fee-based services revenue 5,137  54,202  — — 59,339 Cost reimbursements — 32,160  — — 32,160 Mortgage servicing revenue 2,581  — — (2,581) —Interest income 38,666  — 190  — 38,856 Other income, net — — 278  — 278 Total revenue 255,463  86,362  468  (2,581) 339,712  Costs and expenses: Cost of VOIs sold 12,193  — — — 12,193 Net carrying cost of VOI inventory 13,891  — — (13,891) —Cost of other fee-based services 1,503  17,338  — 13,891  32,732 Cost reimbursements — 32,160  — — 32,160 Selling, general and administrative expenses 160,930  — 45,146  (326) 205,750 Mortgage servicing expense 2,255  — — (2,255) —Interest expense 8,070  — 10,541  — 18,611 Total costs and expenses 198,842  49,498  55,687  (2,581) 301,446 Income (loss) before non-controlling interest and provision for income taxes $ 56,621  $ 36,864  $ (55,219) $ — $ 38,266  Add: Depreciation and amortization 2,835  395  Segment Adjusted EBITDA (1) $ 59,456  $ 37,259  (1)See Management’s Discussion and Analysis of Financial Condition and Results of Operations for information regarding Adjusted EBITDA including, the definition of Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net income. The table below sets forth the Company’s segment information for the six months ended June 30, 2020 (in thousands): Sales of‎VOIs and‎financing Resort‎operations‎and club‎management Corporate‎and other Elimination TotalRevenue: Sales of VOIs $ 54,182  $ — $ — $ — $ 54,182 Fee-based sales commission revenue 42,500  — — — 42,500 Other fee-based services revenue 4,072  51,655  — — 55,727 Cost reimbursements — 30,970  — — 30,970 Mortgage servicing revenue 3,105  — — (3,105) —Interest income 39,209  — 3,480  (2,071) 40,618 Other income, net — — 525  — 525 Total revenue 143,068  82,625  4,005  (5,176) 224,522  Costs and expenses: Cost of VOIs sold 5,137  — — — 5,137 Net carrying cost of VOI inventory 18,827  — — (18,827) —Cost of other fee-based services 2,189  19,230  — 18,827  40,246 Cost reimbursements — 30,970  — — 30,970 Selling, general and administrative expenses 115,467  — 45,577  (739) 160,305 Mortgage servicing expense 2,366  — — (2,366) —Interest expense 8,835  — 12,692  (2,071) 19,456 Total costs and expenses 152,821  50,200  58,269  (5,176) 256,114 Income (loss) before non-controlling interest and provision for income taxes $ (9,753) $ 32,425  $ (54,264) $ — $ (31,592) Add: Depreciation and amortization 3,042  380  Add: Severance 3,769  1,233  Segment Adjusted EBITDA (1) $ (2,942) $ 34,038  (1)See Management’s Discussion and Analysis of Financial Condition and Results of Operations for information regarding Adjusted EBITDA including, the definition of Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net income.

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2021
Discontinued Operations [Abstract]
Summary Of Income (Loss) Of Discontinued Operations	For the Three Months Ended June 30, For the Six Months Ended June 30, 2021 2020 2021 2020 Revenues: Trade sales $ — $ 23,043 $ — $ 63,920 Sales of real estate inventory — 2,839 — 9,278 Interest income — 81 — 197 Net gain (loss) on sales of real estate assets — 12 — ( 34 ) Other revenue — 453 — 1,051 Total revenues — 26,428 — 74,412 Costs and Expenses: Cost of trade sales — 22,385 — 52,157 Cost of real estate inventory sold — 1,474 — 6,106 Recoveries from loan losses, net — ( 1,525 ) — ( 5,037 ) Impairment losses — 3,305 — 31,588 Selling, general and administrative expenses — 9,452 — 26,755 Total costs and expenses — 35,091 — 111,569 Equity in net earnings (losses) of unconsolidated real estate joint ventures — 145 — 696 Foreign exchanges gain — ( 5 ) — 273 Other income — 75 — 111 Loss from discontinued operations before income taxes $ — $ ( 8,448 ) $ — $ ( 36,077 )
Summary Of Cash Flows Of Discontinued Operations	For the Six Months Ended June 30, 2021 2020 Operating activities: Net loss $ — $ ( 34,936 ) Adjustment to reconcile net loss to net cash used in operating activities: Recoveries from loan losses, net — ( 5,037 ) Depreciation, amortization and accretion, net — 3,780 Net losses on sales of real estate and property and equipment — 34 Equity earnings of unconsolidated real estate joint ventures — ( 696 ) Return on investment in unconsolidated real estate joint ventures — 3,991 Increase in deferred income tax asset — ( 1,144 ) Impairment losses — 31,588 Decrease in trade inventory — 2,342 Increase in trade receivables — ( 2,053 ) Decrease in real estate inventory — ( 316 ) Net change in operating lease assets and liabilities — ( 507 ) Increase in other assets — ( 234 ) Decrease in other liabilities — 1,840 Net cash used in operating activities $ — $ ( 1,348 ) Investing activities: Return of investment in unconsolidated real estate joint ventures — 748 Investments in unconsolidated real estate joint ventures — ( 12,664 ) Proceeds from repayment of loans receivable — 5,259 Additions to real estate — ( 59 ) Purchases of property and equipment — ( 3,574 ) Decrease in cash from other investing activities — ( 34 ) Net cash used in investing activities $ — $ ( 10,324 )

Organization And Basis Of Fin_3

Organization And Basis Of Financial Statement Presentation (Narrative) (Details)	May 05, 2021shares	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)item	Jun. 30, 2021USD ($)itemshares	Jun. 30, 2020USD ($)item	Jun. 30, 2021USD ($)itemshares	Jun. 30, 2020USD ($)item	May 10, 2021	Dec. 31, 2020shares	Sep. 30, 2020USD ($)
Segment Reporting Information [Line Items]
Occupancy percentage				86.00%
Vacation packages sold | item				56,000	8,000
Number of reductions to workforce | item			1,600
Number of associates on temporary furlough | item			3,200
Number of associates returned to work | item							2,300
Severance costs					$ 2,200,000		$ 6,700,000
Payroll and payroll benefit expense					10,700,000		11,600,000
Line of credit, outstanding			$ 60,000,000
Repayments of lines of credit		$ 40,000,000
Allowance for loan losses		$ 12,000,000			$ 12,000,000		$ 12,000,000
Bass Pro And Cabela [Member]
Segment Reporting Information [Line Items]
Number of stores open | item						112
Cabela [Member]
Segment Reporting Information [Line Items]
Number of stores open | item						13
Spin-off [Member]
Segment Reporting Information [Line Items]
Debt instrument, face amount				$ 75,000,000		$ 75,000,000				$ 75,000,000
Interest rate										6.00%
Deferred interest rate										8.00%
Debt instrument term						5 years
Liberty Bank Facility [Member]
Segment Reporting Information [Line Items]
Maximum borrowing capacity				$ 40,000,000		$ 40,000,000
Fifth Third Syndicated LOC [Member]
Segment Reporting Information [Line Items]
Interest rate				2.25%		2.25%			2.25%
Fifth Third Syndicated Term Loan [Member]
Segment Reporting Information [Line Items]
Interest rate				2.25%		2.25%			2.25%
Prime Rate [Member] | Liberty Bank Facility [Member]
Segment Reporting Information [Line Items]
Basis spread on rate						0.10%
Class A Common Stock [Member]
Segment Reporting Information [Line Items]
Shares issued due to merger | shares	2.66
Common stock, shares authorized | shares				30,000,000		30,000,000			30,000,000
Class A Common Stock [Member] | Bluegreen Vacations Holding Corp (BVH) [Member]
Segment Reporting Information [Line Items]
Shareholder share right due to merger	0.51
Class B Common Stock [Member]
Segment Reporting Information [Line Items]
Common stock, shares authorized | shares				4,000,000		4,000,000			4,000,000
Bluegreen [Member]
Segment Reporting Information [Line Items]
Consolidated method ownership percentage	7.00%							93.00%

Recently Issued Accounting Pr_2

Recently Issued Accounting Pronouncements (Narrative) (Details) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	May 10, 2021	May 05, 2021	Dec. 31, 2020	Sep. 30, 2020	Mar. 31, 2020
Business Acquisition [Line Items]
Other assets		$ 42,401,000		$ 42,401,000				$ 41,282,000
Revenues		193,458,000	$ 68,225,000	339,712,000	$ 224,522,000
Property and equipment, net		90,562,000		90,562,000				90,049,000
Junior subordinated debentures		134,448,000		134,448,000				138,177,000
Severance costs			2,200,000		6,700,000
Payroll and payroll benefit expense			10,700,000		11,600,000
Cash and cash equivalents	$ 323,724,000	216,112,000	323,724,000	216,112,000	323,724,000			221,118,000
Line of credit, outstanding										$ 60,000,000
Repayments of lines of credit	40,000,000
Allowance for loan losses	$ 12,000,000		$ 12,000,000		$ 12,000,000
Notes, Loans and Financing Receivable, Gross		560,320,000		560,320,000				551,393,000
Prepaid expenses		21,525,000		21,525,000				9,367,000
90 Days Or More [Member]
Business Acquisition [Line Items]
Notes, Loans and Financing Receivable, Gross		$ 19,700,000		$ 19,700,000				$ 24,000,000
Bluegreen [Member]
Business Acquisition [Line Items]
Consolidated method ownership percentage						93.00%	7.00%
Class A Common Stock [Member]
Business Acquisition [Line Items]
Common stock, shares authorized		30,000,000		30,000,000				30,000,000
Class B Common Stock [Member]
Business Acquisition [Line Items]
Common stock, shares authorized		4,000,000		4,000,000				4,000,000
Spin-off [Member]
Business Acquisition [Line Items]
Debt instrument, face amount		$ 75,000,000		$ 75,000,000					$ 75,000,000
Interest rate									6.00%
Deferred interest rate									8.00%
Debt instrument term				5 years
Liberty Bank Facility [Member]
Business Acquisition [Line Items]
Maximum borrowing capacity		40,000,000		$ 40,000,000
Accounting Standards Update 2020-04 [Member] | LIBOR Indexed Junior Subordinated Debentures [Member]
Business Acquisition [Line Items]
Junior subordinated debentures		170,900,000		170,900,000
Accounting Standards Update 2020-04 [Member] | LIBOR Indexed Receivable-backed Notes Payable And Lines Of Credit [Member]
Business Acquisition [Line Items]
Receivable-backed notes payable and lines of credit		70,900,000		70,900,000
Accounting Standards Update 2020-04 [Member] | LIBOR Line Of Credit And Notes Payable [Member]
Business Acquisition [Line Items]
Notes And Loans Payable		$ 108,100,000		$ 108,100,000
Prime Rate [Member] | Liberty Bank Facility [Member]
Business Acquisition [Line Items]
Basis spread on rate				0.10%

Revenue From Contracts With C_3

Revenue From Contracts With Customers (Revenue Disaggregation) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Disaggregation of Revenue [Line Items]
Revenue from customers	$ 173,424	$ 48,452	$ 300,578	$ 183,379
Interest income	19,595	19,418	38,856	40,618
Interest income	19,595	19,418	38,856	40,618
Other income, net	439	355	278	525
Total revenues	193,458	68,225	339,712	224,522
Sales of VOIs [Member]
Disaggregation of Revenue [Line Items]
Revenue from customers	91,812	9,054	147,743	54,182
Interest income	19,500	19,100
Interest income			38,700	39,200
Fee-Based Sales Commission Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from customers	35,618	1,135	61,336	42,500
Resort And Club Management Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from customers	25,443	24,224	50,371	49,253
Cost Reimbursements [Member]
Disaggregation of Revenue [Line Items]
Revenue from customers	15,552	11,850	32,160	30,970
Administrative Fees And Other [Member]
Disaggregation of Revenue [Line Items]
Revenue from customers	2,863	1,349	5,137	4,072
Other Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from customers	$ 2,136	$ 840	$ 3,831	$ 2,402

Revenue From Contracts With C_4

Revenue From Contracts With Customers (Summary Of Impacts From ASU Adoption) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Notes receivable, net	$ 414,602			$ 414,602		$ 409,349
Deferred income	15,124			15,124		15,745
Deferred income taxes	81,913			81,913		85,314
Total shareholder's equity	291,652	$ 268,234	$ 567,606	291,652	$ 567,606	$ 262,730	$ 600,927	$ 640,070
Revenues	173,424		48,452	300,578	183,379
Selling, general and administrative expenses	114,786		49,820	205,750	160,305
(Loss) income from continuing operations before non-controlling interest and provision for income taxes	31,573		(22,576)	38,266	(31,592)
Provision (benefit) for income taxes	7,694		2,391	8,883	938
Net income	23,879	$ 5,504	(36,651)	29,383	(67,466)
Less: Income attributable to noncontrolling interests - continuing operations	4,378		5	6,908	956
Net income attributable to Bluegreen Vacations Corporation Shareholders	19,501		(35,800)	22,475	(64,110)
Sales of VOIs [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenues	91,812		9,054	147,743	54,182
Total costs and expenses	7,024		1,038	12,193	5,137
Cost Reimbursements [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenues	15,552		11,850	32,160	30,970
Total costs and expenses	$ 15,552		$ 11,850	$ 32,160	$ 30,970

Notes Receivable (Narrative) (D

Notes Receivable (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended
	Mar. 31, 2020	Jun. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable		$ 560,320	$ 551,393
Accrued interest		$ 3,800	$ 3,900
Bluegreen [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Increase in allowance for loan losses	$ 12,000
Notes Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted-average interest rate		15.10%	15.00%
Bluegreens Vacation Ownership Interests [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable		$ 560,320	$ 551,393
Over 91 Days [Member] | Bluegreens Vacation Ownership Interests [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable		19,661	23,963
90 Days Or More [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable		$ 19,700	$ 24,000

Notes Receivable (Information R

Notes Receivable (Information Relating To Bluegreen's Notes Receivable) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross notes receivable	$ 560,320	$ 551,393
Less: Allowance for loan loss	(145,718)	(142,044)
Notes receivable, net ($278,285 and $292,021 in VIEs at June 30, 2021 and December 31, 2020, respectively)	414,602	409,349
Notes Receivable Secured By VOIs [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross notes receivable	560,320	551,393
Less: Allowance for loan loss	(145,718)	(142,044)
Notes receivable, net ($278,285 and $292,021 in VIEs at June 30, 2021 and December 31, 2020, respectively)	$ 414,602	$ 409,349
Allowance as a % of gross notes receivable	26.00%	26.00%
VOI Notes Receivable - Non-Securitized [Member] | Notes Receivable Secured By VOIs [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross notes receivable	$ 185,215	$ 156,078
Less: Allowance for loan loss	(48,898)	(38,750)
VOI Notes Receivable - Securitized [Member] | Notes Receivable Secured By VOIs [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross notes receivable	375,105	395,315
Less: Allowance for loan loss	$ (96,820)	$ (103,294)

Notes Receivable (Activity In T

Notes Receivable (Activity In The Allowance For Loan Losses) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, beginning of period	$ 142,044
Provision for loan losses		$ (5,037)
Balance, end of period	145,718
Bluegreens Vacation Ownership Interests [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, beginning of period	142,044	140,630
Provision for loan losses	30,807	32,199
Less: Write-offs of uncollectible receivables	(27,133)	(25,200)
Balance, end of period	$ 145,718	$ 147,629

Notes Receivable (Financing Rec

Notes Receivable (Financing Receivable Credit Quality Indicators And Past Due By Year Of Origination) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 560,320	$ 551,393
VOI note receivable balance had not yet been charged off	9,600	11,400
701+ [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Originated in Current Fiscal Year	55,296	70,874
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	58,631	85,294
Financing Receivable, Originated Two Years before Latest Fiscal Year	71,201	56,490
Financing Receivable, Originated Three Years before Latest Fiscal Year	47,010	37,371
Financing Receivable, Originated Four Years before Latest Fiscal Year	31,431	27,638
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	51,113	35,693
Total	314,682	313,360
601-700 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Originated in Current Fiscal Year	37,648	42,095
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	38,738	44,672
Financing Receivable, Originated Two Years before Latest Fiscal Year	39,152	34,181
Financing Receivable, Originated Three Years before Latest Fiscal Year	29,624	24,700
Financing Receivable, Originated Four Years before Latest Fiscal Year	20,964	22,656
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	47,002	34,779
Total	213,128	203,083
Less Than 601 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Originated in Current Fiscal Year	1,803	3,737
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	3,542	4,491
Financing Receivable, Originated Two Years before Latest Fiscal Year	4,079	3,003
Financing Receivable, Originated Three Years before Latest Fiscal Year	2,705	2,113
Financing Receivable, Originated Four Years before Latest Fiscal Year	1,767	2,188
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	5,018	3,954
Total	18,914	19,486
Other [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Originated in Current Fiscal Year		29
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	1,109	567
Financing Receivable, Originated Two Years before Latest Fiscal Year	1,393	3,805
Financing Receivable, Originated Three Years before Latest Fiscal Year	3,183	3,476
Financing Receivable, Originated Four Years before Latest Fiscal Year	2,561	2,336
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	5,350	5,251
Total	13,596	15,464
Total by FICO Score [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Originated in Current Fiscal Year	94,747	116,735
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	102,020	135,024
Financing Receivable, Originated Two Years before Latest Fiscal Year	115,825	97,479
Financing Receivable, Originated Three Years before Latest Fiscal Year	82,522	67,660
Financing Receivable, Originated Four Years before Latest Fiscal Year	56,723	54,818
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	108,483	79,677
Total	560,320	551,393
Notes Receivable Secured By VOIs [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 560,320	$ 551,393

Notes Receivable (Percentage Of

Notes Receivable (Percentage Of Gross Notes Receivable Outstanding By FICO Score At Origination) (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Percentage of gross notes receivable outstanding	100.00%	100.00%
FICO Score, 700+ [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Percentage of gross notes receivable outstanding	58.00%	59.00%
FICO Score, 601 to 699 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Percentage of gross notes receivable outstanding	38.00%	37.00%
FICO Score, Less than 600 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Percentage of gross notes receivable outstanding	3.00%	3.00%
FICO Score, No Score [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Percentage of gross notes receivable outstanding	1.00%	1.00%

Notes Receivable (Delinquency S

Notes Receivable (Delinquency Status Of VOI Notes Receivable) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 560,320	$ 551,393
VOI note receivable balance had not yet been charged off	9,600	11,400
Bluegreens Vacation Ownership Interests [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	560,320	551,393
VOI note receivable balance had not yet been charged off	9,600	11,400
Current [Member] | Bluegreens Vacation Ownership Interests [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	532,881	517,111
31-60 Days [Member] | Bluegreens Vacation Ownership Interests [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	4,327	5,778
61-90 Days [Member] | Bluegreens Vacation Ownership Interests [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	3,451	4,541
Over 91 Days [Member] | Bluegreens Vacation Ownership Interests [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 19,661	$ 23,963

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2021
Variable Interest Entities [Abstract]
Voluntary repurchases and substitutions	$ 7.6	$ 8.1

Variable Interest Entities (Inf

Variable Interest Entities (Information Related To The Assets And Liabilities Of The VIEs) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Variable Interest Entity [Line Items]
Restricted cash	$ 46,651	$ 35,986	$ 25,189
Securitized notes receivable, net	414,602	409,349
Receivable backed notes payable - non-recourse	357,162	355,833
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Restricted cash	17,960	20,469
Securitized notes receivable, net	278,285	292,021
Receivable backed notes payable - non-recourse	$ 322,565	$ 341,532

Inventory (Summary Of Inventory

Inventory (Summary Of Inventory) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Inventory [Abstract]
Completed VOI units	$ 259,951	$ 268,686
Construction-in-progress	14,342
Real estate held for future development	69,069	78,436
Total	$ 343,362	$ 347,122

Debt (Lines-Of-Credit and Notes

Debt (Lines-Of-Credit and Notes Payable, Narrative) (Details) - USD ($)	1 Months Ended	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Mar. 31, 2021	Jun. 30, 2021	Dec. 31, 2020	Mar. 31, 2020
Debt Instrument [Line Items]
New debt issuance or change			$ 0
Line of credit, outstanding					$ 60,000,000
Repayments of lines of credit	$ 40,000,000
NBA Eilan Loan [Member]
Debt Instrument [Line Items]
Written off unamortized debt issuance costs		$ 200,000
Repayment of credit facility			15,600,000
Balance				$ 15,903,000
Interest rate				4.75%
Fifth Third Syndicated LOC [Member]
Debt Instrument [Line Items]
Balance			$ 20,000,000	$ 30,000,000
Interest rate			2.25%	2.25%
Fifth Third Syndicated Term Loan [Member]
Debt Instrument [Line Items]
Balance			$ 91,250,000	$ 93,750,000
Interest rate			2.25%	2.25%

Debt (Receivable-Backed Notes P

Debt (Receivable-Backed Notes Payable, Narrative) (Details) - USD ($)	Sep. 21, 2021	Sep. 20, 2021	Jun. 30, 2021	Jul. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse			$ 357,162,000		$ 355,833,000
Restructured facility			0
Line of credit, outstanding						$ 60,000,000
Debt issuance cost			1,036,000		$ 1,267,000
Per month reduction in recourse			1,300,000
Recourse limit			12,100,000
Minimum [Member]
Debt Instrument [Line Items]
Recourse limit			10,000,000
Liberty Bank Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 40,000,000
Future advance rate percent			60.00%
Recourse limit			$ 10,000,000
Liberty Bank Facility [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Basis spread on rate			0.10%
Pacific Western Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 40,000,000
Gross advance rate			85.00%
Per month reduction in recourse			$ 7,500,000
Recourse limit			$ 10,000,000
Pacific Western Facility, Eligible B Receivables [Member]
Debt Instrument [Line Items]
Future advance rate percent			53.00%
Gross advance rate			65.00%
Amended And Restated [Member] | Liberty Bank Facility [Member]
Debt Instrument [Line Items]
Future advance rate percent			70.00%
Recourse limit			$ 5,000,000
Forecast [Member] | 30-Day LIBOR [Member]
Debt Instrument [Line Items]
Basis spread on rate	2.50%
Effective yield rate	2.75%
Forecast [Member] | Pacific Western Facility [Member] | 30-Day LIBOR [Member]
Debt Instrument [Line Items]
Basis spread on rate		2.75%
Effective yield rate		3.00%
Subsequent Event [Member] | Pacific Western Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity				$ 50,000,000

Debt (Junior Subordinated Deben

Debt (Junior Subordinated Debentures, Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended
	Feb. 28, 2021	Jun. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Carrying Value		$ 134,448	$ 138,177
Availablility of line of credits/credit facilities		$ 270,000
Bluegreen Statutory Trust II [Member]
Debt Instrument [Line Items]
Purchase of trust preferred securities	$ 4,000
Par value of junior subordinated debentures	6,100
Carrying Value	4,000
Cancellation of junior subordinated debentures	$ 6,100

Debt (Note Payable To BBX, Narr

Debt (Note Payable To BBX, Narrative) (Details) - USD ($)	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Debt Instrument [Line Items]
Accrued interest	$ 1,100,000	$ 1,100,000
Spin-off [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 75,000,000		$ 75,000,000
Interest rate			6.00%
Deferred interest rate			8.00%
Debt instrument term	5 years

Debt (Lines-Of-Credit And Not_2

Debt (Lines-Of-Credit And Notes Payable) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Unamortized debt issuance costs	$ (1,036)	$ (1,267)
Total	110,214	138,386
Lines-Of-Credit And Notes Payable [Member]
Debt Instrument [Line Items]
Balance	110,214	138,386
Carrying Amount of Pledged Assets	214,800	238,130
NBA Eilan Loan [Member]
Debt Instrument [Line Items]
Balance		$ 15,903
Interest Rate		4.75%
Carrying Amount of Pledged Assets		$ 28,491
Fifth Third Syndicated LOC [Member]
Debt Instrument [Line Items]
Balance	$ 20,000	$ 30,000
Interest Rate	2.25%	2.25%
Carrying Amount of Pledged Assets	$ 38,616	$ 50,822
Fifth Third Syndicated Term Loan [Member]
Debt Instrument [Line Items]
Balance	$ 91,250	$ 93,750
Interest Rate	2.25%	2.25%
Carrying Amount of Pledged Assets	$ 176,184	$ 158,817

Debt (Receivable-Backed Notes_2

Debt (Receivable-Backed Notes Payable) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Receivable-backed notes payable - recourse	$ 32,076	$ 38,500
Unamortized debt issuance costs	(1,036)	(1,267)
Receivable backed notes payable - non-recourse	357,162	355,833
Total receivable-backed debt	389,238	394,333
Recourse limit	12,100
Per month reduction in recourse	1,300
Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable-backed notes payable - recourse	32,076	38,500
Principal Balance of Pledged/Secured Receivables	45,569	53,321
Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Unamortized debt issuance costs	(4,998)	(5,994)
Receivable backed notes payable - non-recourse	357,162	355,833
Principal Balance of Pledged/Secured Receivables	423,960	414,287
Liberty Bank Facility [Member]
Debt Instrument [Line Items]
Recourse limit	10,000
Liberty Bank Facility [Member] | Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable-backed notes payable - recourse	$ 10,000	$ 10,000
Interest Rate	3.40%	3.40%
Principal Balance of Pledged/Secured Receivables	$ 14,237	$ 13,970
Liberty Bank Facility [Member] | Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse	$ 2,591	$ 2,316
Interest Rate	3.40%	3.40%
Principal Balance of Pledged/Secured Receivables	$ 3,689	$ 3,235
NBA Receivables Facility [Member] | Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable-backed notes payable - recourse	$ 12,076	$ 19,877
Interest Rate	3.00%	3.32%
Principal Balance of Pledged/Secured Receivables	$ 16,978	$ 26,220
NBA Receivables Facility [Member] | Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse	$ 23,738	$ 11,985
Interest Rate	3.00%	3.32%
Principal Balance of Pledged/Secured Receivables	$ 33,375	$ 15,809
Pacific Western Facility [Member]
Debt Instrument [Line Items]
Recourse limit	10,000
Per month reduction in recourse	7,500
Pacific Western Facility [Member] | Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable-backed notes payable - recourse	$ 10,000	$ 8,623
Interest Rate	3.06%	3.15%
Principal Balance of Pledged/Secured Receivables	$ 14,354	$ 13,131
Pacific Western Facility [Member] | Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse	$ 8,268
Interest Rate	3.06%
Principal Balance of Pledged/Secured Receivables	$ 11,868
KeyBank/DZ Purchase Facility [Member] | Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse	$ 33,555
Interest Rate	2.50%
Principal Balance of Pledged/Secured Receivables	$ 40,760
Quorum Purchase Facility [Member] | Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse	24,791	29,788
Principal Balance of Pledged/Secured Receivables	28,796	34,651
2013 Term Securitization [Member] | Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse	$ 8,729	$ 11,922
Interest Rate	3.20%	3.20%
Principal Balance of Pledged/Secured Receivables	$ 9,848	$ 13,483
2015 Term Securitization [Member] | Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse	$ 18,281	$ 22,560
Interest Rate	3.02%	3.02%
Principal Balance of Pledged/Secured Receivables	$ 19,341	$ 24,475
2016 Term Securitization [Member] | Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse	$ 29,749	$ 35,700
Interest Rate	3.35%	3.35%
Principal Balance of Pledged/Secured Receivables	$ 33,163	$ 40,221
2017 Term Securitization [Member] | Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse	$ 43,792	$ 51,470
Interest Rate	3.12%	3.12%
Principal Balance of Pledged/Secured Receivables	$ 50,094	$ 58,907
2018 Term Securitization [Member] | Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse	$ 62,433	$ 72,486
Interest Rate	4.02%	4.02%
Principal Balance of Pledged/Secured Receivables	$ 71,443	$ 84,454
2020 Term Securitization [Member] | Non-Recourse Receivable Backed Notes Payable [Member]
Debt Instrument [Line Items]
Receivable backed notes payable - non-recourse	$ 106,233	$ 123,600
Interest Rate	2.60%	2.60%
Principal Balance of Pledged/Secured Receivables	$ 121,583	$ 139,052
Minimum [Member]
Debt Instrument [Line Items]
Recourse limit	$ 10,000

Debt (Junior Subordinated Deb_2

Debt (Junior Subordinated Debentures Outstanding) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Feb. 28, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Carrying Value	$ 134,448		$ 138,177
Unamortized debt issuance costs	(1,036)		(1,267)
Bluegreen Statutory Trust II [Member]
Debt Instrument [Line Items]
Carrying Value		$ 4,000
Bluegreen [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Carrying Value	134,448		138,177
Unamortized debt issuance costs	(1,022)		(1,057)
Unamortized purchase discount	(35,428)		(37,895)
Bluegreen [Member] | Woodbridge - Levitt Capital Trust I-IV [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Carrying Value	66,302		66,302
Bluegreen [Member] | Bluegreen Statutory Trust I-VI [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Carrying Value	$ 104,596		$ 110,827
Minimum [Member] | Bluegreen [Member] | Woodbridge - Levitt Capital Trust I-IV [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Effective rate	3.99%		4.01%
Minimum [Member] | Bluegreen [Member] | Bluegreen Statutory Trust I-VI [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Effective rate	4.99%		5.01%
Maximum [Member] | Bluegreen [Member] | Woodbridge - Levitt Capital Trust I-IV [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Effective rate	4.05%		4.04%
Maximum [Member] | Bluegreen [Member] | Bluegreen Statutory Trust I-VI [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Effective rate	5.10%		5.12%
LIBOR [Member] | Minimum [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Basis spread on rate	3.80%
LIBOR [Member] | Maximum [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Basis spread on rate	4.90%

Commitments And Contingencies (

Commitments And Contingencies (Narrative) (Details)	1 Months Ended			3 Months Ended	6 Months Ended		12 Months Ended
	Jan. 31, 2021USD ($)item	Jan. 31, 2020USD ($)item	Jun. 30, 2019USD ($)item	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)item	Jun. 30, 2020USD ($)	Dec. 31, 2021item	Dec. 31, 2015	Dec. 31, 2020USD ($)	Aug. 30, 2020item
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Accrued claims					$ 11,000,000				$ 14,700,000
Payments to subsidies				$ 4,600,000	4,700,000
Accrued liabilities and other					$ 119,697,000				93,971,000
Inventory purchased						$ (2,342,000)
Average annual default rates					9.70%			6.90%
Purchase period, from lawsuit					6 years
Number of VOI owners in litigation | item										100
Subsidies To Certain HOAs [Member]
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Accrued liabilities and other					$ 8,400,000				$ 0
Bass Pro [Member]
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Litigation settlement			$ 20,000,000
Settlement agreement, number of annual payments | item			5
Settlement agreement, payment amount	$ 4,000,000	$ 4,000,000	$ 4,000,000
Settlement agreement, number of payments made | item	2	2
Number of stores requiring a fixed annual fee | item					59
Cabela [Member] | Forecast [Member]
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Number of stores requiring a fixed annual fee | item							60
Bass Pro And Cabela [Member]
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Settlement agreement, fixed fee	$ 6,900,000
Settlement agreement, amount kept as prepaid	$ 3,600,000
Settlement agreement, fixed fee expensed					$ 1,600,000
Reduction of traffic in stores percentage					25.00%
Number of stores vacation packages are sold | item					112
Notes Receivable Secured By VOIs [Member]
Purchase Commitment, Excluding Long-term Commitment [Line Items]
VOI sales volume, percentage				10.00%	17.00%
Average annual default rates					13.10%

Common Stock (Narrative) (Detai

Common Stock (Narrative) (Details) - Class A Common Stock [Member] - USD ($) $ in Millions	Jun. 30, 2021	Jun. 03, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Jul. 21, 2021
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted	1,531,561	468,439
Aggregate fair value	$ 9.7		$ 9.7		$ 9.7
Compensation cost			0.2		0.2
Unamortized share-based compensation expense	$ 9.5		$ 9.5		$ 9.5
Antidilutive securities			58,555	1,016,981	58,555	1,016,981
Restricted Stock [Member] | Share-based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted					275,939
Awards vesting period					4 years
Restricted Stock [Member] | Share-based Payment Arrangement, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted					192,500
Awards vesting period					10 years
Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized							2,000,000

Noncontrolling Interests (Narra

Noncontrolling Interests (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2021	May 05, 2021
Bluegreen [Member]
Noncontrolling Interest [Line Items]
Number of common shares repurchased	1,878,400
Payments for repurchase plan	$ 11.7
Bluegreen [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest ownership percentage by parent		7.00%	93.00%

Noncontrolling Interests (Sched

Noncontrolling Interests (Schedule Of Noncontrolling Interests In Consolidated Subsidiaries) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	May 05, 2021	Dec. 31, 2020
Noncontrolling Interest [Line Items]
Total noncontrolling interests	$ 58,073		$ 74,847
Bluegreen [Member]
Noncontrolling Interest [Line Items]
Total noncontrolling interests			22,821
Bluegreen/Big Cedar Vacations, LLC [Member]
Noncontrolling Interest [Line Items]
Total noncontrolling interests	$ 58,073		$ 52,026
Bluegreen [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest ownership percentage by parent	7.00%	93.00%
Bluegreen [Member] | Bluegreen/Big Cedar Vacations, LLC [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest ownership percentage by noncontrolling owner	51.00%

Noncontrolling Interests (Sch_2

Noncontrolling Interests (Schedule Of Income Attributable To Noncontrolling Interests) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Noncontrolling Interest [Line Items]
Net income attributable to noncontrolling interest - continuing operations	$ 4,378	$ 5	$ 6,908	$ 956
Bluegreen [Member]
Noncontrolling Interest [Line Items]
Net income attributable to noncontrolling interest - continuing operations	497	(636)	861	(421)
Bluegreen/Big Cedar Vacations, LLC [Member]
Noncontrolling Interest [Line Items]
Net income attributable to noncontrolling interest - continuing operations	$ 3,881	$ 641	$ 6,047	$ 1,377

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Income Taxes [Abstract]
Effective income tax rate	28.00%	11.00%	28.00%	3.00%
Recognized interest or penalties	$ 0		$ 0

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Sep. 30, 2020
Related Party Transaction [Line Items]
Due to related parties	$ 75,000,000		$ 75,000,000		$ 75,000,000
Transition Services Agreement, written notice period for termination			30 days
Dividends paid				$ 1,144,000
Spin-off [Member]
Related Party Transaction [Line Items]
Debt instrument term			5 years
Debt instrument, face amount	75,000,000		$ 75,000,000			$ 75,000,000
Interest rate						6.00%
Abdo Companies Inc. [Member]
Related Party Transaction [Line Items]
Related party transaction, purchases from related party	$ 38,000	$ 77,000	$ 77,000	153,000
Bluegreen [Member]
Related Party Transaction [Line Items]
Consolidated Method Investment Ownership Percentage	7.00%		7.00%
Transition Services Agreement, minimum term			1 year
Transition Services Agreement, reimbursement	$ 200,000		$ 200,000
BBX [Member]
Related Party Transaction [Line Items]
Management services expenses	400,000	$ 300,000	700,000	$ 600,000
Accrued service fees	$ 100,000		$ 100,000		$ 0
President And CEO [Member] | Class A and B Common Stock [Member]
Related Party Transaction [Line Items]
Percent of voting power	78.00%		78.00%

Segment Reporting (Details)

Segment Reporting (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)segment	Jun. 30, 2020USD ($)
Segment Reporting Information [Line Items]
Total revenues	$ 173,424	$ 48,452	$ 300,578	$ 183,379
Interest income	19,595	19,418	38,856	40,618
Other income, net	439	355	278	525
Total revenues	193,458	68,225	339,712	224,522
Selling, general and administrative expenses	114,786	49,820	205,750	160,305
Interest expense	8,876	9,558	18,611	19,456
Total costs and expenses	161,885	90,801	301,446	256,114
Income (loss) before income taxes	31,573	(22,576)	$ 38,266	(31,592)
Add: Severance		2,200		6,700
Number of reportable segments | segment			2
Corporate Expenses & Other [Member]
Segment Reporting Information [Line Items]
Interest income	57	1,228	$ 190	3,480
Other income, net	439	355	278	525
Total revenues	496	1,583	468	4,005
Selling, general and administrative expenses	19,678	18,055	45,146	45,577
Interest expense	4,969	6,258	10,541	12,692
Total costs and expenses	24,647	24,313	55,687	58,269
Income (loss) before income taxes	(24,151)	(22,730)	(55,219)	(54,264)
Eliminations [Member]
Segment Reporting Information [Line Items]
Interest income		(871)		(2,071)
Total revenues	(1,270)	(2,381)	(2,581)	(5,176)
Selling, general and administrative expenses	(168)	(564)	(326)	(739)
Mortgage servicing expense	(1,102)	(946)	(2,255)	(2,366)
Interest expense		(871)		(2,071)
Total costs and expenses	(1,270)	(2,381)	(2,581)	(5,176)
Sales Of VOIs And Financing [Member]
Segment Reporting Information [Line Items]
Total revenues		9,054
Sales Of VOIs And Financing [Member] | Reportable Segments [Member]
Segment Reporting Information [Line Items]
Total revenues		9,054
Interest income	19,538	19,061	38,666	39,209
Total revenues	151,101	32,109	255,463	143,068
Selling, general and administrative expenses	95,276	32,329	160,930	115,467
Mortgage servicing expense	1,102	946	2,255	2,366
Interest expense	3,907	4,171	8,070	8,835
Total costs and expenses	114,211	50,116	198,842	152,821
Income (loss) before income taxes	36,890	(18,007)	56,621	(9,753)
Add: Depreciation and amortization	1,430	1,483	2,835	3,042
Add: Severance		1,206	59,456	3,769
Segment Adjusted EBITDA	38,320	(15,318)		(2,942)
Resort Operations And Club Management [Member] | Reportable Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	43,131	36,914	86,362	82,625
Total costs and expenses	24,297	18,753	49,498	50,200
Income (loss) before income taxes	18,834	18,161	36,864	32,425
Add: Depreciation and amortization	200	190	395	380
Add: Severance		99	37,259	1,233
Segment Adjusted EBITDA	19,034	18,450		34,038
Sales of VOIs [Member]
Segment Reporting Information [Line Items]
Total revenues	91,812	9,054	147,743	54,182
Interest income			38,700	39,200
Total costs and expenses	7,024	1,038	12,193	5,137
Sales of VOIs [Member] | Sales Of VOIs And Financing [Member] | Reportable Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	91,812		147,743	54,182
Total costs and expenses	7,024	1,038	12,193	5,137
Fee-Based Sales Commission Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	35,618	1,135	61,336	42,500
Fee-Based Sales Commission Revenue [Member] | Sales Of VOIs And Financing [Member] | Reportable Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	35,618	1,135	61,336	42,500
Other Fee-Based Services Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	30,442	26,413	59,339	55,727
Total costs and expenses	15,647	18,535	32,732	40,246
Other Fee-Based Services Revenue [Member] | Eliminations [Member]
Segment Reporting Information [Line Items]
Total costs and expenses	6,118	10,913	13,891	18,827
Other Fee-Based Services Revenue [Member] | Sales Of VOIs And Financing [Member] | Reportable Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	2,863	1,349	5,137	4,072
Total costs and expenses	784	719	1,503	2,189
Other Fee-Based Services Revenue [Member] | Resort Operations And Club Management [Member] | Reportable Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	27,579	25,064	54,202	51,655
Total costs and expenses	8,745	6,903	17,338	19,230
Net Carrying Cost Of VOI Inventory [Member] | Eliminations [Member]
Segment Reporting Information [Line Items]
Total costs and expenses	(6,118)	(10,913)	(13,891)	(18,827)
Net Carrying Cost Of VOI Inventory [Member] | Sales Of VOIs And Financing [Member] | Reportable Segments [Member]
Segment Reporting Information [Line Items]
Total costs and expenses	6,118	10,913	13,891	18,827
Cost Reimbursements [Member]
Segment Reporting Information [Line Items]
Total revenues	15,552	11,850	32,160	30,970
Total costs and expenses	15,552	11,850	32,160	30,970
Cost Reimbursements [Member] | Resort Operations And Club Management [Member] | Reportable Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	15,552	11,850	32,160	30,970
Total costs and expenses	15,552	11,850	32,160	30,970
Mortgage Servicing Revenue [Member] | Eliminations [Member]
Segment Reporting Information [Line Items]
Total revenues	(1,270)	(1,510)	(2,581)	(3,105)
Mortgage Servicing Revenue [Member] | Sales Of VOIs And Financing [Member] | Reportable Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	$ 1,270	$ 1,510	$ 2,581	$ 3,105

Discontinued Operations (Narrat

Discontinued Operations (Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)segment	Jun. 30, 2020USD ($)
Discontinued Operations [Abstract]
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest		$ (11,684)		$ (34,936)
Income Tax Expense (Benefit)	$ 7,694	$ 2,391	$ 8,883	$ 938
Number of reportable segments | segment			2

Discontinued Operations (Summar

Discontinued Operations (Summary Of Income (Loss) Of Discontinued Operations) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax, Total	$ (8,448)	$ (36,077)
BBX Capital, Inc. [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues	26,428	74,412
Costs and expenses	35,091	111,569
Equity in net (losses) earnings of unconsolidated real estate joint ventures	145	696
Foreign exchanges (loss) gain	(5)	273
Other income	75	111
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax, Total	(8,448)	(36,077)
BBX Capital, Inc. [Member] | Trade Sales [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues	23,043	63,920
Costs and expenses	22,385	52,157
BBX Capital, Inc. [Member] | Sales Of Real Estate Inventory [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues	2,839	9,278
Costs and expenses	1,474	6,106
BBX Capital, Inc. [Member] | Interest Income [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues	81	197
BBX Capital, Inc. [Member] | Net Gains (Losses) On Sales Of Real Estate Assets [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues	12	(34)
BBX Capital, Inc. [Member] | Other Revenue [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues	453	1,051
BBX Capital, Inc. [Member] | Recoveries From Loan Losses, Net [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Costs and expenses	(1,525)	(5,037)
BBX Capital, Inc. [Member] | Impairment Losses [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Costs and expenses	3,305	31,588
BBX Capital, Inc. [Member] | Selling, General And Administrative Expenses [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Costs and expenses	$ 9,452	$ 26,755

Discontinued Operations (Summ_2

Discontinued Operations (Summary Of Cash Flows Of Discontinued Operations) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Operating activities:
Net (loss) income	$ (11,684)		$ (34,936)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Recoveries from loan losses, net, from discontinued operations			(5,037)
Provision for loan losses		$ 30,807	32,199
Depreciation, amortization and accretion, net		10,116	13,632
Share-based compensation expense		152	5,675
Net losses on sales of real estate and property and equipment		24	77
Equity earnings of unconsolidated real estate joint ventures			(696)
Return on investment in unconsolidated real estate joint ventures			3,991
Decrease in deferred income tax liability		(3,401)	(2,070)
Impairment losses			31,588
VOI Inventory		3,760	(3,333)
Notes receivable		(36,060)	12,137
Trade inventory			2,342
Real estate inventory			(316)
Prepaid expense and other assets		(13,888)	11,390
Accounts payable, accrued liabilities and other, and deferred income		32,376	(50,127)
Investing activities:
Return of investment in unconsolidated real estate joint ventures			748
Investments in unconsolidated real estate joint ventures			(12,664)
Proceeds from repayment of loans receivable			5,260
Proceeds from sales of real estate			131
Additions to real estate			(59)
Purchases of property and equipment		$ (8,229)	(8,157)
Decrease in cash from other investing activities			(145)
BBX Capital, Inc. [Member]
Operating activities:
Net (loss) income			(34,936)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Recoveries from loan losses, net, from discontinued operations			(5,037)
Depreciation, amortization and accretion, net			3,780
Net losses on sales of real estate and property and equipment			34
Equity earnings of unconsolidated real estate joint ventures			(696)
Return on investment in unconsolidated real estate joint ventures			3,991
Decrease in deferred income tax liability			(1,144)
Impairment losses			31,588
VOI Inventory			2,342
Trade inventory			(2,053)
Real estate inventory			(316)
Net change in operating lease asset and operating lease liability			(507)
Prepaid expense and other assets			(234)
Accounts payable, accrued liabilities and other, and deferred income			1,840
Net cash provided by (used in) operating activities			(1,348)
Investing activities:
Return of investment in unconsolidated real estate joint ventures			748
Investments in unconsolidated real estate joint ventures			(12,664)
Proceeds from repayment of loans receivable			5,259
Additions to real estate			(59)
Purchases of property and equipment			(3,574)
Decrease in cash from other investing activities			(34)
Net cash (used in) provided by investing activities			$ (10,324)