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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net income $ 49,236us-gaap_ProfitLoss $ 38,692us-gaap_ProfitLoss $ 30,622us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 24,499us-gaap_DepreciationDepletionAndAmortization 12,631us-gaap_DepreciationDepletionAndAmortization 10,608us-gaap_DepreciationDepletionAndAmortization
Non-cash stock-based expense 3,251us-gaap_ShareBasedCompensation 2,519us-gaap_ShareBasedCompensation 5,563us-gaap_ShareBasedCompensation
Acceleration of interest expense related to debt conversion 5,205vgr_AccelerationofInterestExpenseRelatedtoDebtConversion 12,414vgr_AccelerationofInterestExpenseRelatedtoDebtConversion 14,960vgr_AccelerationofInterestExpenseRelatedtoDebtConversion
(Gain) loss on sale of assets (540)us-gaap_GainLossOnSaleOfPropertyPlantEquipment 170us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Deferred income taxes 22,026us-gaap_DeferredIncomeTaxExpenseBenefit 466us-gaap_DeferredIncomeTaxExpenseBenefit (7,336)us-gaap_DeferredIncomeTaxExpenseBenefit
(Income) loss on long-term investments accounted under the equity method (1,242)vgr_GainLossOnLongTermInvestmentsAccountedUnderEquityMethod (2,066)vgr_GainLossOnLongTermInvestmentsAccountedUnderEquityMethod 1,261vgr_GainLossOnLongTermInvestmentsAccountedUnderEquityMethod
Loss (gain) on sale of marketable securities 11us-gaap_MarketableSecuritiesGainLoss (5,152)us-gaap_MarketableSecuritiesGainLoss (1,640)us-gaap_MarketableSecuritiesGainLoss
Equity income on investments in real estate ventures (4,103)us-gaap_IncomeLossFromEquityMethodInvestments (22,925)us-gaap_IncomeLossFromEquityMethodInvestments (29,764)us-gaap_IncomeLossFromEquityMethodInvestments
Distributions from investments in real estate ventures 5,152vgr_DistributionsFromNonConsolidatedRealEstateBusinesses 4,251vgr_DistributionsFromNonConsolidatedRealEstateBusinesses 19,169vgr_DistributionsFromNonConsolidatedRealEstateBusinesses
Non-cash interest expense 35,584vgr_NonCashInterestExpenseIncome 22,995vgr_NonCashInterestExpenseIncome 28,150vgr_NonCashInterestExpenseIncome
(Gain) loss on warrants (572)vgr_GainLossOnWarrants (1,165)vgr_GainLossOnWarrants 1,193vgr_GainLossOnWarrants
Non-cash interest income (144)vgr_NonCashInterestIncome (861)vgr_NonCashInterestIncome 0vgr_NonCashInterestIncome
Gain on acquisition of Douglas Elliman 0vgr_GainonAcquisitionofAdditionalInterestinAffiliate (60,842)vgr_GainonAcquisitionofAdditionalInterestinAffiliate 0vgr_GainonAcquisitionofAdditionalInterestinAffiliate
Changes in assets and liabilities:      
Receivables (11,197)us-gaap_IncreaseDecreaseInReceivables 5,975us-gaap_IncreaseDecreaseInReceivables 13,622us-gaap_IncreaseDecreaseInReceivables
Inventories 3,173us-gaap_IncreaseDecreaseInInventories 6,897us-gaap_IncreaseDecreaseInInventories 8,837us-gaap_IncreaseDecreaseInInventories
Accounts payable and accrued liabilities 5,708us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 41,047us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 4,497us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Payments due under the Master Settlement Agreement (925)vgr_IncreaseDecreasePaymentsDueUnderMasterSettlementAgreement (32,690)vgr_IncreaseDecreasePaymentsDueUnderMasterSettlementAgreement (14,903)vgr_IncreaseDecreasePaymentsDueUnderMasterSettlementAgreement
Other assets and liabilities, net (27,746)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 29,670us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (753)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash provided by operating activities 107,376us-gaap_NetCashProvidedByUsedInOperatingActivities 52,026us-gaap_NetCashProvidedByUsedInOperatingActivities 84,086us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Proceeds from sale or maturity of investment securities 156,604us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities 117,729us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities 3,831us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
Purchase of investment securities (305,731)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (170,964)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (5,647)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Proceeds from sale or liquidation of long-term investments 549us-gaap_ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates 580us-gaap_ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates 72us-gaap_ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
Purchase of long-term investments (12,000)us-gaap_PaymentsToAcquireLongtermInvestments (5,000)us-gaap_PaymentsToAcquireLongtermInvestments (5,000)us-gaap_PaymentsToAcquireLongtermInvestments
(Increase) decrease in restricted assets (872)us-gaap_IncreaseDecreaseInRestrictedCash 1,081us-gaap_IncreaseDecreaseInRestrictedCash (1,130)us-gaap_IncreaseDecreaseInRestrictedCash
Investments in real estate ventures (40,916)us-gaap_PaymentsToAcquireEquityMethodInvestments (75,731)us-gaap_PaymentsToAcquireEquityMethodInvestments (33,375)us-gaap_PaymentsToAcquireEquityMethodInvestments
Distributions from investments in real estate ventures 7,309us-gaap_EquityMethodInvestmentDividendsOrDistributions 3,142us-gaap_EquityMethodInvestmentDividendsOrDistributions 49,221us-gaap_EquityMethodInvestmentDividendsOrDistributions
Issuance of notes receivable (8,250)us-gaap_PaymentsToAcquireNotesReceivable (8,600)us-gaap_PaymentsToAcquireNotesReceivable (383)us-gaap_PaymentsToAcquireNotesReceivable
Cash acquired in Douglas Elliman consolidation 0us-gaap_CashAcquiredFromAcquisition 116,935us-gaap_CashAcquiredFromAcquisition 0us-gaap_CashAcquiredFromAcquisition
Proceeds from sale of businesses and assets 4us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 48us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 444us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Capital expenditures (23,404)us-gaap_PaymentsToAcquireProductiveAssets (13,275)us-gaap_PaymentsToAcquireProductiveAssets (11,265)us-gaap_PaymentsToAcquireProductiveAssets
Increase in cash surrender value of life insurance policies (484)vgr_IncreaseDecreaseInCashSurrenderValueOfLifeInsurancePolicies (628)vgr_IncreaseDecreaseInCashSurrenderValueOfLifeInsurancePolicies (907)vgr_IncreaseDecreaseInCashSurrenderValueOfLifeInsurancePolicies
Purchase of subsidiaries (750)us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries (67,616)us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries 0us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries
Repayment of notes receivable 6,717us-gaap_RepaymentOfNotesReceivableFromRelatedParties 10,347us-gaap_RepaymentOfNotesReceivableFromRelatedParties 0us-gaap_RepaymentOfNotesReceivableFromRelatedParties
Purchase of preferred securities (1,000)vgr_PaymentsforPurchaseofPreferredSecurities 0vgr_PaymentsforPurchaseofPreferredSecurities 0vgr_PaymentsforPurchaseofPreferredSecurities
Pay down of investment securities 790us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments 0us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments 0us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments
Net cash used in investing activities (221,434)us-gaap_NetCashProvidedByUsedInInvestingActivities (91,952)us-gaap_NetCashProvidedByUsedInInvestingActivities (4,139)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Proceeds from issuance of debt 413,914us-gaap_ProceedsFromIssuanceOfLongTermDebt 457,767us-gaap_ProceedsFromIssuanceOfLongTermDebt 244,075us-gaap_ProceedsFromIssuanceOfLongTermDebt
Repayments of debt (12,601)us-gaap_RepaymentsOfLongTermDebt (422,581)us-gaap_RepaymentsOfLongTermDebt (19,258)us-gaap_RepaymentsOfLongTermDebt
Deferred financing charges (12,360)us-gaap_PaymentsOfFinancingCosts (11,750)us-gaap_PaymentsOfFinancingCosts (11,479)us-gaap_PaymentsOfFinancingCosts
Borrowings under revolver 886,130us-gaap_ProceedsFromLinesOfCredit 978,788us-gaap_ProceedsFromLinesOfCredit 1,074,050us-gaap_ProceedsFromLinesOfCredit
Repayments on revolver (898,788)us-gaap_RepaymentsOfLinesOfCredit (977,794)us-gaap_RepaymentsOfLinesOfCredit (1,066,092)us-gaap_RepaymentsOfLinesOfCredit
Distributions on common stock (167,328)us-gaap_PaymentsOfDividendsCommonStock (144,711)us-gaap_PaymentsOfDividendsCommonStock (137,114)us-gaap_PaymentsOfDividendsCommonStock
Distributions to non-controlling interest (9,339)us-gaap_ProceedsFromPaymentsToMinorityShareholders (11,764)us-gaap_ProceedsFromPaymentsToMinorityShareholders 0us-gaap_ProceedsFromPaymentsToMinorityShareholders
Proceeds from the issuance of Vector stock 0us-gaap_ProceedsFromIssuanceOfCommonStock 0us-gaap_ProceedsFromIssuanceOfCommonStock 611us-gaap_ProceedsFromIssuanceOfCommonStock
Proceeds from exercise of Vector options 5,151us-gaap_ProceedsFromIssuanceOrSaleOfEquity 544us-gaap_ProceedsFromIssuanceOrSaleOfEquity 140us-gaap_ProceedsFromIssuanceOrSaleOfEquity
Tax benefit of options exercised 1,178us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 38us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 52us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Net cash provided by (used in) financing activities 205,957us-gaap_NetCashProvidedByUsedInFinancingActivities (131,463)us-gaap_NetCashProvidedByUsedInFinancingActivities 84,985us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase (decrease) in cash and cash equivalents 91,899us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (171,389)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 164,932us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of year 234,466us-gaap_CashAndCashEquivalentsAtCarryingValue 405,855us-gaap_CashAndCashEquivalentsAtCarryingValue 240,923us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of year $ 326,365us-gaap_CashAndCashEquivalentsAtCarryingValue $ 234,466us-gaap_CashAndCashEquivalentsAtCarryingValue $ 405,855us-gaap_CashAndCashEquivalentsAtCarryingValue