XML 71 R58.htm IDEA: XBRL DOCUMENT v3.8.0.1
New Valley LLC (Investment in Real Estate Ventures) (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2018
USD ($)
venture
Mar. 31, 2017
USD ($)
Dec. 31, 2017
USD ($)
Schedule of Investments [Line Items]      
Investments in real estate ventures $ 181,011   $ 188,131
Total contributions 533 $ 1,436  
Distributions from real estate ventures 3,083 7,003  
Distributions from investments in real estate ventures 219 0  
Equity in (losses) earnings from real estate ventures (6,560) 11,113  
Condominium and Mixed Use Development | New York City SMSA      
Schedule of Investments [Line Items]      
Impairment of real estate 6,354    
New Valley LLC      
Schedule of Investments [Line Items]      
Investments in real estate ventures 181,011   188,131
Total contributions 533 1,436  
Distributions 3,302 7,003  
Equity in (losses) earnings from real estate ventures (6,560) 11,113  
Total maximum exposure to loss 201,113    
Interest costs capitalized $ 2,209 446  
New Valley LLC | Variable Interest Entity, Primary Beneficiary      
Schedule of Investments [Line Items]      
Number of real estate ventures | venture 2    
VIE's assets $ 7,033   14,548
New Valley LLC | New York City SMSA | Minimum      
Schedule of Investments [Line Items]      
Range of ownership 3.10%    
New Valley LLC | New York City SMSA | Maximum      
Schedule of Investments [Line Items]      
Range of ownership 49.50%    
New Valley LLC | Condominium and Mixed Use Development      
Schedule of Investments [Line Items]      
Investments in real estate ventures $ 121,056   125,149
Distributions 2,868 6,200  
Equity in (losses) earnings from real estate ventures (3,967) 11,888  
Total maximum exposure to loss 136,358    
New Valley LLC | Condominium and Mixed Use Development | New York City SMSA      
Schedule of Investments [Line Items]      
Investments in real estate ventures 91,912   96,386
Total contributions 533 91  
Distributions 2,868 6,200  
Equity in (losses) earnings from real estate ventures (3,462) 12,180  
Total maximum exposure to loss 94,714    
Impairment of real estate 7,474    
New Valley LLC | Condominium and Mixed Use Development | All other U.S. areas      
Schedule of Investments [Line Items]      
Investments in real estate ventures 29,144   28,763
Total contributions 0 1,345  
Equity in (losses) earnings from real estate ventures (505) (292)  
Total maximum exposure to loss $ 41,644    
New Valley LLC | Condominium and Mixed Use Development | All other U.S. areas | Minimum      
Schedule of Investments [Line Items]      
Range of ownership 15.00%    
New Valley LLC | Condominium and Mixed Use Development | All other U.S. areas | Maximum      
Schedule of Investments [Line Items]      
Range of ownership 48.50%    
New Valley LLC | Apartment Buildings      
Schedule of Investments [Line Items]      
Investments in real estate ventures $ 9,386   11,167
Distributions 201 152  
Equity in (losses) earnings from real estate ventures (1,580) 77  
Total maximum exposure to loss $ 9,386    
New Valley LLC | Apartment Buildings | New York City SMSA      
Schedule of Investments [Line Items]      
Range of ownership 45.40%    
Investments in real estate ventures $ 9,344   10,910
New Valley LLC | Apartment Buildings | All other U.S. areas      
Schedule of Investments [Line Items]      
Investments in real estate ventures 42   257
Distributions 201 152  
Equity in (losses) earnings from real estate ventures (1,580) 77  
Total maximum exposure to loss $ 9,386    
New Valley LLC | Apartment Buildings | All other U.S. areas | Minimum      
Schedule of Investments [Line Items]      
Range of ownership 7.60%    
New Valley LLC | Apartment Buildings | All other U.S. areas | Maximum      
Schedule of Investments [Line Items]      
Range of ownership 16.30%    
New Valley LLC | Hotels      
Schedule of Investments [Line Items]      
Investments in real estate ventures $ 21,177   22,416
Equity in (losses) earnings from real estate ventures (1,239) (1,237)  
Total maximum exposure to loss $ 21,177    
New Valley LLC | Hotels | New York City SMSA      
Schedule of Investments [Line Items]      
Range of ownership 5.20%    
Investments in real estate ventures $ 18,802   19,616
Equity in (losses) earnings from real estate ventures (814) (687)  
Total maximum exposure to loss $ 18,802    
New Valley LLC | Hotels | International      
Schedule of Investments [Line Items]      
Range of ownership 49.00%    
Investments in real estate ventures $ 2,375   2,800
Equity in (losses) earnings from real estate ventures (425) (550)  
Total maximum exposure to loss 2,375    
New Valley LLC | Commercial      
Schedule of Investments [Line Items]      
Investments in real estate ventures 17,827   18,079
Distributions 215 101  
Equity in (losses) earnings from real estate ventures (37) (245)  
Total maximum exposure to loss $ 17,827    
New Valley LLC | Commercial | New York City SMSA      
Schedule of Investments [Line Items]      
Range of ownership 49.00%    
Investments in real estate ventures $ 2,170   2,437
Distributions 0 101  
Equity in (losses) earnings from real estate ventures (267) (245)  
Total maximum exposure to loss $ 2,170    
New Valley LLC | Commercial | All other U.S. areas      
Schedule of Investments [Line Items]      
Range of ownership 1.90%    
Investments in real estate ventures $ 15,657   15,642
Distributions 215 0  
Equity in (losses) earnings from real estate ventures 230 0  
Total maximum exposure to loss 15,657    
New Valley LLC | Other      
Schedule of Investments [Line Items]      
Investments in real estate ventures 11,565   $ 11,320
Distributions 18 550  
Equity in (losses) earnings from real estate ventures 263 630  
Total maximum exposure to loss $ 16,365    
New Valley LLC | Other | Minimum      
Schedule of Investments [Line Items]      
Range of ownership 15.00%    
New Valley LLC | Other | Maximum      
Schedule of Investments [Line Items]      
Range of ownership 50.00%    
Douglas Elliman Realty, LLC      
Schedule of Investments [Line Items]      
Proceeds from commissions received $ 3,759 $ 3,310