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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Total Revenues $ 1,690,949 $ 1,657,197 $ 1,591,315
Cost of sales:      
Total cost of sales 1,097,344 1,109,727 1,097,060
Operating, selling, administrative and general expenses 340,567 320,221 279,342
Litigation settlement and judgment expense 20,000 20,072 2,475
Restructuring charges 41 7,257 0
Operating income 232,997 199,920 212,438
Other income (expenses):      
Interest expense (142,982) (120,691) (160,991)
Change in fair value of derivatives embedded within convertible debt 31,710 24,455 19,409
Acceleration of interest expense related to debt conversion 0 0 (5,205)
Equity in (losses) earnings from investments (2,754) (2,681) 3,140
Gain (loss) on sale of investment securities available for sale 2,907 11,138 (11)
Equity in earnings from real estate ventures 5,200 2,001 4,103
Impairment of investment securities available for sale (5,381) (12,846) 0
Other, net 4,732 6,409 9,396
Income before provision for income taxes 126,429 107,705 82,279
Income tax expense 49,163 41,233 33,165
Net income 77,266 66,472 49,114
Net income attributed to non-controlling interest (6,139) (7,274) (12,258)
Net income attributed to Vector Group Ltd. $ 71,127 $ 59,198 $ 36,856
Per basic common share:      
Net income applicable to common share attributed to Vector Group Ltd. (in dollars per share) $ 0.56 $ 0.46 $ 0.32
Per diluted common share:      
Net income applicable to common share attributed to Vector Group Ltd. (in dollars per share) 0.55 0.46 0.32
Cash distributions declared per share (in dollars per share) $ 1.54 $ 1.47 $ 1.40
Tobacco      
Revenues      
Total Revenues [1] $ 1,011,620 $ 1,017,761 $ 1,021,259
Cost of sales:      
Total cost of sales [1] 672,431 697,900 735,725
Restructuring charges 41 7,257  
Real Estate      
Revenues      
Total Revenues 680,105 641,406 561,467
Cost of sales:      
Total cost of sales 424,829 410,287 354,028
E-Cigarettes      
Revenues      
Total Revenues (776) (1,970) 8,589
Cost of sales:      
Total cost of sales $ 84 $ 1,540 $ 7,307
[1] Revenues and cost of sales include federal excise taxes of $425,980, $439,647 and $446,086 for the years ended December 31, 2016, 2015 and 2014, respectively.