Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2017

Accounting Policies [Abstract]

Net income for purposes of determining basic and diluted EPS

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

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2016			2017			2016
Net income attributed to Vector Group Ltd.	$	26,811		$	24,015		$	22,584		$	43,353
Income attributed to participating securities	(1,501		)	(784		)	(2,984		)	(1,417		)
Net income available to common shares attributed to Vector Group Ltd.	$	25,310		$	23,231		$	19,600		$	41,936

Basic and diluted EPS calculation shares

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

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2017	2016	2017	2016
Weighted-average shares for basic EPS	126,180,511	123,969,150	125,876,144	123,965,476
Plus incremental shares related to stock options and non-vested restricted stock	354,577	248,165	317,563	226,155
Weighted-average shares for diluted EPS	126,535,088	124,217,315	126,193,707	124,191,631

Outstanding shares not included in the computation of diluted EPS

The following were outstanding during the three and six months ended June 30, 2017 and 2016, but were not included in the computation of diluted EPS because the effect was anti-dilutive.

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
Weighted-average number of shares issuable upon   conversion of debt	26,140,250		26,140,251		26,140,250		26,140,251
Weighted-average conversion price	$	18.70	$	18.70	$	18.70	$	18.70

Schedule of other income (loss), net

Other, net consisted of:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2016			2017			2016
Interest and dividend income	$	1,625		$	1,452		$	3,370		$	2,776
Gain on long-term investment	197			—			162			—
Impairment of long-term investments	(525		)	(921		)	(525		)	(1,203		)
Other income (expense)	41			50			(10		)	55
Other, net	$	1,338		$	581		$	2,997		$	1,628

Schedule of other current liabilities

Other current liabilities consisted of:

	June 30, 2017		December 31, 2016
Accounts payable	$	9,453	$	10,573
Accrued promotional expenses	19,857		23,763
Accrued excise and payroll taxes payable, net	22,809		10,044
Accrued interest	33,130		35,449
Commissions payable	14,269		6,164
Accrued salary and benefits	20,857		26,958
Other current liabilities	25,450		22,901
Total other current liabilities	$	145,825	$	135,852

Schedule of goodwill and other intangible assets, net

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

	June 30, 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	2,863		3,592
Total goodwill and other intangible assets, net	$	261,189	$	261,918