Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 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						Nine Months Ended
	September 30,						September 30,
	2017			2016			2017			2016
Net income attributed to Vector Group Ltd.	$	19,264		$	23,175		$	41,848		$	66,528
Income attributed to participating securities	(1,496		)	(750		)	(4,480		)	(2,167		)
Net income available to common shares attributed to Vector Group Ltd.	$	17,768		$	22,425		$	37,368		$	64,361

Basic and diluted EPS calculation shares

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

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2017	2016	2017	2016
Weighted-average shares for basic EPS	132,654,506	130,269,664	132,333,245	130,199,312
Plus incremental shares related to stock options and non-vested restricted stock	133,992	222,498	253,873	224,936
Weighted-average shares for diluted EPS	132,788,498	130,492,162	132,587,118	130,424,248

Outstanding shares not included in the computation of diluted EPS

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016
Weighted-average number of shares issuable upon   conversion of debt	27,447,262		27,447,262		27,447,262		27,447,262
Weighted-average conversion price	$	17.81	$	17.81	$	17.81	$	17.81

Schedule of other income (loss), net

Other, net consisted of:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2017			2016			2017			2016
Interest and dividend income	$	1,826		$	1,489		$	5,196		$	4,265
Gain on long-term investment	—			190			162			190
Impairment of long-term investments	—			—			(525		)	(1,203		)
Other expense	(5		)	(351		)	(15		)	(296		)
Other, net	$	1,821		$	1,328		$	4,818		$	2,956

Schedule of other current liabilities

Other current liabilities consisted of:

	September 30, 2017		December 31, 2016
Accounts payable	$	12,938	$	10,573
Accrued promotional expenses	32,315		23,763
Accrued excise and payroll taxes payable, net	2,985		10,044
Accrued interest	19,681		35,449
Commissions payable	12,595		6,164
Accrued salary and benefits	25,256		26,958
Other current liabilities	22,066		22,901
Total other current liabilities	$	127,836	$	135,852

Schedule of goodwill and other intangible assets, net

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

	September 30, 2017		December 31, 2016
Goodwill	$	77,059	$	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	3,609		3,592
Total goodwill and other intangible assets, net	$	268,179	$	261,918