Consolidated Statements Of Cash Flow (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 107,550	$ 98,826
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	8,707	8,793
Gain on disposal of assets	(377)	(1,519)
Provision for bad debts, net	1,093	1,540
Non-cash stock compensation and other charges	11,037	8,929
Non-cash interest and other loss	807	3,168
Excess tax benefits from stock-based compensation	2,149	4,885
Deferred income taxes	(4,329)	(1,799)
Equity in net losses from unconsolidated joint ventures, less distributions received	1,654	2,917
Changes in assets and liabilities; net of acquisition:
Receivables	(42,426)	(24,532)
Advances to/from marketing and reservation system activities, net	(25,783)	18,341
Forgivable notes receivable, net	(15,109)	(21,029)
Accounts payable	(3,532)	5,111
Accrued expenses and other current liabilities	(14,261)	(14,083)
Income taxes payable/receivable	19,219	11,066
Deferred revenue	49,976	2,122
Other assets	(9,958)	(4,826)
Other liabilities	1,992	5,748
Net cash provided by operating activities	88,409	103,658
CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in property and equipment	(17,584)	(21,810)
Proceeds from sales of assets	8,360	6,347
Acquisitions of real estate	(25,263)	(8,767)
Business acquisition, net of cash acquired	(1,341)	(13,269)
Contributions to equity method investments	(24,179)	(3,811)
Distributions from equity method investments	3,700	270
Purchases of investments, employee benefit plans	(1,430)	(2,977)
Proceeds from sales of investments, employee benefit plans	1,395	2,920
Issuance of mezzanine and other notes receivable	(20,281)	(25,253)
Collections of mezzanine and other notes receivable	11,040	3,697
Other items, net	(422)	(445)
Net cash used by investing activities	(66,005)	(63,098)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net borrowings pursuant to revolving credit facilities	52,814	162,032
Principal payments on long-term debt	(836)	(130,194)
Proceeds from issuance of long term debt	0	176
Purchases of treasury stock	(33,958)	(56,450)
Dividends paid	(34,690)	(34,173)
Debt issuance costs	(284)	(2,169)
Proceeds from exercise of stock options	6,802	6,381
Net cash used by financing activities	(10,152)	(54,397)
Net change in cash and cash equivalents	12,252	(13,837)
Effect of foreign exchange rate changes on cash and cash equivalents	260	(1,781)
Cash and cash equivalents at beginning of period	193,441	214,879
Cash and cash equivalents at end of period	205,953	199,261
Cash payments during the period for:
Income taxes, net of refunds	32,085	32,474
Interest, net of capitalized interest	40,935	39,187
Non-cash investing and financing activities:
Dividends declared but not paid	11,499	11,041
Investment in property and equipment acquired in accounts payable	554	1,611
Non-cash sale of investment in unconsolidated joint venture	$ 2,350	$ 0