Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operation

The financial results of Douglas Elliman through the Distribution are presented as income (loss) from discontinued operations, net of income taxes on the Company’s consolidated statements of operations. The following table presents financial results of Douglas Elliman for the periods prior to the completion of the Distribution:

	Year Ended December 31,
	2022		2021		2020
	(Dollars in thousands, except per share amounts)
Revenues:
Real estate	$	—	$	1,344,825	$	773,987
Expenses:
Cost of sales	—		989,436		547,543
Operating, selling, administrative and general expenses	—		253,942		212,926
Net loss on sales of asset	—		—		1,169
Impairments of goodwill and intangible assets	—		—		58,252
Restructuring charges	—		—		3,382
Operating income (loss)	—		101,447		(49,285)
Other income (expenses):
Interest expense	—		(164)		(263)
Equity in (losses) earnings from real estate ventures	—		(278)		30
Other, net	—		(870)		3,190
Pretax income (loss) from discontinued operations	—		100,135		(46,328)
Income tax expense	—		28,016		(12,344)
Income (loss) from discontinued operations	—		72,119		(33,984)
Net loss from discontinued operations attributed to non-controlling interest	—		190		—
Net income (loss) from discontinued operations attributed to Vector Group Ltd.	$	—	$	72,309	$	(33,984)

The following table presents the information regarding certain components of cash flows from discontinued operations:

	Year Ended December 31,
	2022		2021		2020
	(Dollars in thousands, except per share amounts)
Depreciation and amortization	$	—	$	8,561	$	8,537
Non-cash lease expense	—		18,667		17,326
Capital expenditures	—		(4,106)		(6,126)