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BUSINESS SEGMENTS (Tables)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Segment Operating Performance Reconciled to Consolidated Amounts
The following table below presents revenues for our reportable segment results which include the acquired Grand Islander and Bluegreen operations, within both segments and as of their respective acquisition dates, reconciled to consolidated amounts:
Three Months Ended June 30,Six Months Ended June 30,
($ in millions)2024202320242023
Revenues:
Real estate sales and financing$740 $604 $1,427 $1,154 
Resort operations and club management(1)
386 320 746 622 
Total segment revenues1,126 924 2,173 1,776 
Cost reimbursements129 97 251 192 
Intersegment eliminations(1)
(20)(14)(33)(27)
Total revenues$1,235 $1,007 $2,391 $1,941 
(1)Includes charges to the Real estate sales and financing segment from the Resort operations and club management segment for fulfillment of discounted marketing package stays at resorts.
Schedule of Adjusted EBITDA for our Reportable Segments Reconciled to Net Income
The following table presents Adjusted EBITDA for our reportable segments reconciled to net income:
 Three Months Ended June 30,Six Months Ended June 30,
($ in millions)2024202320242023
Adjusted EBITDA:
Real estate sales and financing(1)
$193 $189 $399 $358 
Resort operations and club management(1)
152 123 286 232 
Segment Adjusted EBITDA345 312 685 590 
Acquisition and integration-related expense(48)(13)(157)(30)
General and administrative(58)(48)(103)(90)
Depreciation and amortization(68)(52)(130)(103)
License fee expense(40)(34)(75)(64)
Other (loss) gain, net
(3)3 (8)4 
Interest expense(87)(44)(166)(88)
Income tax (expense) benefit
(3)(35)8 (52)
Equity in earnings from unconsolidated affiliates3 2 8 5 
Impairment expense
— (3)(2)(3)
Other adjustment items(2)
(37)(8)(58)(16)
Net income
4 80 2 153 
Net income attributable to noncontrolling interest
2 — 4 — 
Net income (loss) attributable to stockholders
$2 $80 $(2)$153 
(1)Includes intersegment transactions. Refer to our table presenting revenues by reportable segment above for additional discussion.
(2)These amounts include costs associated with stock-based compensation, restructuring, one-time charges and other non-cash items included within our reportable segments.