Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2017

Accounting Policies [Abstract]

Net income for purposes of determining basic and diluted EPS

Net (loss) income for purposes of determining basic and diluted EPS was as follows:

	Three Months Ended
	March 31,
	2017			2016
Net (loss) income attributed to Vector Group Ltd.	$	(4,227	)	$	19,338
Income attributed to participating securities	—			(633		)
Net (loss) income available to common shares attributed to Vector Group Ltd.	$	(4,227	)	$	18,705

Basic and diluted EPS calculation shares

Basic and diluted EPS were calculated using the following common shares:

	Three Months Ended
	March 31,
	2017	2016
Weighted-average shares for basic EPS	125,568,396	123,961,803
Plus incremental shares related to stock options and non-vested restricted stock	—	204,145
Weighted-average shares for diluted EPS	125,568,396	124,165,948

Outstanding shares not included in the computation of diluted EPS

The following were outstanding during the three months ended March 31, 2017 and 2016, but were not included in the computation of diluted EPS because the effect was anti-dilutive.

	Three Months Ended
	March 31,
	2017		2016
Weighted-average shares of non-vested restricted stock	1,959,376		1,260,000
Weighted-average expense per share	$	19.14	$	21.67
Weighted-average number of shares issuable upon   conversion of debt	26,140,250		26,140,251
Weighted-average conversion price	$	18.70	$	18.70

Schedule of other income (loss), net

Other, net consisted of:

	Three Months Ended
	March 31,
	2017			2016
Interest and dividend income	$	1,745		$	1,324
Loss on long-term investment	(35		)	—
Impairment of long-term investments	—			(282		)
Other (expense) income	(51		)	5
Other, net	$	1,659		$	1,047

Schedule of other current liabilities

Other current liabilities consisted of:

	March 31, 2017		December 31, 2016
Accounts payable	$	11,170	$	10,573
Accrued promotional expenses	24,188		23,763
Accrued excise and payroll taxes payable, net	20,802		10,044
Accrued interest	20,114		35,449
Commissions payable	16,732		6,164
Accrued salary and benefits	13,232		26,958
Other current liabilities	18,868		22,901
Total other current liabilities	$	125,106	$	135,852

Schedule of goodwill and other intangible assets, net

The components of “Goodwill and other intangible assets, net” were as follows:

	March 31, 2017		December 31, 2016
Goodwill	$	70,815	$	70,815
Indefinite life intangibles:
Intangible asset associated with benefit under the MSA	107,511		107,511
Trademark - Douglas Elliman	80,000		80,000
Intangibles with a finite life, net	3,227		3,592
Total goodwill and other intangible assets, net	$	261,553	$	261,918