XML 33 R47.htm IDEA: XBRL DOCUMENT v2.4.1.9
Notes Payable, Long-Term Debt and Other Obligations (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
0 Months Ended 3 Months Ended
Feb. 03, 2015
Mar. 31, 2015
Dec. 31, 2014
Debt Instrument [Line Items]      
Total notes payable, long-term debt and other obligations   $ 888,997us-gaap_LongTermDebt $ 913,351us-gaap_LongTermDebt
Less: Current maturities   (20,864)us-gaap_LongTermDebtCurrent (52,640)us-gaap_LongTermDebtCurrent
Amount due after one year   868,133us-gaap_LongTermDebtNoncurrent 860,711us-gaap_LongTermDebtNoncurrent
Fair value of the derivatives embedded   162,039us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability 168,502us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
6.75% Variable Interest Senior Convertible Note due 2015      
Debt Instrument [Line Items]      
Fair value of the derivatives embedded   0us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterestSeniorConvertible6Point75PercentNoteDue2014Member
884us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterestSeniorConvertible6Point75PercentNoteDue2014Member
7.5% Variable Interest Senior Convertible Notes due 2019, net of unamortized discount of $143,661 and $146,634      
Debt Instrument [Line Items]      
Fair value of the derivatives embedded   83,662us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterest7Point50PercentSeniorConvertibleNotesMember
87,638us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterest7Point50PercentSeniorConvertibleNotesMember
5.5% Variable Interest Senior Convertible Debentures due 2020, net of unamortized discount of $95,870 and $98,831      
Debt Instrument [Line Items]      
Fair value of the derivatives embedded   78,377us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
/ us-gaap_DebtInstrumentAxis
= vgr_FivePointFivePercentVariableSeniorConvertibleDebenturesMember
80,864us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
/ us-gaap_DebtInstrumentAxis
= vgr_FivePointFivePercentVariableSeniorConvertibleDebenturesMember
Secured Debt | 7.75% Senior Secured Notes due 2021, including premium of $8,968 and $9,275      
Debt Instrument [Line Items]      
Total notes payable, long-term debt and other obligations   608,968us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vgr_SeniorSecured7Point75PercentNotesDue2021Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
609,275us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vgr_SeniorSecured7Point75PercentNotesDue2021Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
Convertible Debt      
Debt Instrument [Line Items]      
Conversion basis amount   1vgr_DebtInstrumentConvertibleConversionBasisAmount
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
 
Convertible Debt | 7.75% Senior Secured Notes due 2021, including premium of $8,968 and $9,275      
Debt Instrument [Line Items]      
Premium   8,968us-gaap_DebtInstrumentUnamortizedPremium
/ us-gaap_DebtInstrumentAxis
= vgr_SeniorSecured7Point75PercentNotesDue2021Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
9,275us-gaap_DebtInstrumentUnamortizedPremium
/ us-gaap_DebtInstrumentAxis
= vgr_SeniorSecured7Point75PercentNotesDue2021Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
Convertible Debt | 6.75% Variable Interest Senior Convertible Note due 2015      
Debt Instrument [Line Items]      
Total notes payable, long-term debt and other obligations   0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterestSeniorConvertible6Point75PercentNoteDue2014Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
25,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterestSeniorConvertible6Point75PercentNoteDue2014Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
Interest rate 6.75%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterestSeniorConvertible6Point75PercentNoteDue2014Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
6.75%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterestSeniorConvertible6Point75PercentNoteDue2014Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
 
Converted amount 25,000us-gaap_DebtConversionConvertedInstrumentAmount1
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterestSeniorConvertible6Point75PercentNoteDue2014Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
   
Convertible principal balance 50,000us-gaap_DebtConversionOriginalDebtAmount1
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterestSeniorConvertible6Point75PercentNoteDue2014Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
   
Note conversion (in shares) 2,227,552us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterestSeniorConvertible6Point75PercentNoteDue2014Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
   
Increase in equity from conversion 25,000us-gaap_AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterestSeniorConvertible6Point75PercentNoteDue2014Member
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
   
Convertible Debt | 7.5% Variable Interest Senior Convertible Notes due 2019, net of unamortized discount of $143,661 and $146,634      
Debt Instrument [Line Items]      
Total notes payable, long-term debt and other obligations   86,339us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterest7Point50PercentSeniorConvertibleNotesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
83,366us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterest7Point50PercentSeniorConvertibleNotesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
Interest rate   7.50%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterest7Point50PercentSeniorConvertibleNotesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
 
Unamortized discount   95,870us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterest7Point50PercentSeniorConvertibleNotesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
98,831us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= vgr_VariableInterest7Point50PercentSeniorConvertibleNotesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
Convertible Debt | 5.5% Variable Interest Senior Convertible Debentures due 2020, net of unamortized discount of $95,870 and $98,831      
Debt Instrument [Line Items]      
Total notes payable, long-term debt and other obligations   162,880us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vgr_FivePointFivePercentVariableSeniorConvertibleDebenturesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
159,919us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vgr_FivePointFivePercentVariableSeniorConvertibleDebenturesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
Interest rate   5.50%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_DebtInstrumentAxis
= vgr_FivePointFivePercentVariableSeniorConvertibleDebenturesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
 
Unamortized discount   143,661us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= vgr_FivePointFivePercentVariableSeniorConvertibleDebenturesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
146,634us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= vgr_FivePointFivePercentVariableSeniorConvertibleDebenturesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
Note conversion (in shares)   38.6563us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
/ us-gaap_DebtInstrumentAxis
= vgr_FivePointFivePercentVariableSeniorConvertibleDebenturesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
 
Line of Credit | Revolving credit facility | Liggett [Member]      
Debt Instrument [Line Items]      
Total notes payable, long-term debt and other obligations   14,642us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
/ dei_LegalEntityAxis
= vgr_LiggettMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
17,767us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
/ dei_LegalEntityAxis
= vgr_LiggettMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
Line of Credit | Term loan under credit facility | Liggett [Member]      
Debt Instrument [Line Items]      
Total notes payable, long-term debt and other obligations   3,515us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vgr_TermLoanUnderCreditFacilityMember
/ dei_LegalEntityAxis
= vgr_LiggettMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
3,589us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vgr_TermLoanUnderCreditFacilityMember
/ dei_LegalEntityAxis
= vgr_LiggettMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
Line of Credit | Revolving Credit and Term Loan Facility | Liggett [Member]      
Debt Instrument [Line Items]      
Amount outstanding   18,157us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= vgr_RevolvingCreditAndTermLoanFacilityMember
/ dei_LegalEntityAxis
= vgr_LiggettMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
 
Remaining borrowing capacity   41,843us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= vgr_RevolvingCreditAndTermLoanFacilityMember
/ dei_LegalEntityAxis
= vgr_LiggettMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
 
Equipment loans | Liggett [Member]      
Debt Instrument [Line Items]      
Total notes payable, long-term debt and other obligations   12,249us-gaap_LongTermDebt
/ dei_LegalEntityAxis
= vgr_LiggettMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
13,966us-gaap_LongTermDebt
/ dei_LegalEntityAxis
= vgr_LiggettMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
Other      
Debt Instrument [Line Items]      
Total notes payable, long-term debt and other obligations   $ 404us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= vgr_OtherLongTermDebtMember
$ 469us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= vgr_OtherLongTermDebtMember