XML 131 R88.htm IDEA: XBRL DOCUMENT v3.22.4
New Valley LLC (Investment in Real Estate Ventures Narrative) (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
venture
Dec. 31, 2021
USD ($)
venture
Dec. 31, 2020
USD ($)
venture
Schedule of Investments [Line Items]      
Distributions from real estate ventures, return on capital $ 3,429 $ 25,326 $ 1,933
Distributions from real estate ventures 4,946 11,936 18,818
Total equity in earnings (losses) from real estate ventures (5,946) 10,250 (44,728)
Investment in real estate 121,117 105,062  
Total assets 908,591 871,087  
New Valley      
Schedule of Investments [Line Items]      
Distributions from real estate ventures, return on capital 3,429 25,326  
Distributions from real estate ventures 4,946 11,848  
Impairment of real estate, net 490 2,713 16,513
Total equity in earnings (losses) from real estate ventures (5,946) 10,250 (44,728)
Investment in real estate 121,117 105,062  
Total maximum exposure to loss 121,117    
Interest costs capitalized $ 4,432 2,669  
New Valley | VIE      
Schedule of Investments [Line Items]      
Number of variable interest entities | venture 1    
Total assets $ 0 0  
New Valley | Nash Square Upstream JV LLC | Corporate Joint Venture      
Schedule of Investments [Line Items]      
Investment in real estate $ 6,263    
Equity method ownership percentage 75.00%    
Total maximum exposure to loss $ 6,510    
New Valley | BH NV Aventura LLC | Corporate Joint Venture      
Schedule of Investments [Line Items]      
Investment in real estate $ 4,000    
Equity method ownership percentage 25.00%    
Total maximum exposure to loss $ 4,071    
New Valley | BH NV NMB Venture LLC | Corporate Joint Venture      
Schedule of Investments [Line Items]      
Investment in real estate $ 4,000    
Equity method ownership percentage 35.00%    
Total maximum exposure to loss $ 4,080    
New Valley | Commercial:      
Schedule of Investments [Line Items]      
Total equity in earnings (losses) from real estate ventures 1,005 (1,811) $ 903
Investment in real estate 15,347 $ 7,290  
Total maximum exposure to loss $ 15,347    
New Valley | Commercial: | New York City SMSA      
Schedule of Investments [Line Items]      
Number of impaired real estate properties | venture 1 1 6
Total equity in earnings (losses) from real estate ventures $ (201) $ (2,591) $ 1,340
Investment in real estate 7,869 0  
Total maximum exposure to loss 7,869    
New Valley | Commercial: | All other U.S. areas      
Schedule of Investments [Line Items]      
Total equity in earnings (losses) from real estate ventures 1,206 780 (437)
Investment in real estate 7,478 7,290  
Total maximum exposure to loss 7,478    
New Valley | Condominium and Mixed Use Development:      
Schedule of Investments [Line Items]      
Total equity in earnings (losses) from real estate ventures (6,469) (4,148) (33,745)
Investment in real estate 93,350 80,139  
Total maximum exposure to loss 93,350    
New Valley | Condominium and Mixed Use Development: | New York City SMSA      
Schedule of Investments [Line Items]      
Total equity in earnings (losses) from real estate ventures (4,554) (4,147) (17,167)
Investment in real estate 16,806 22,654  
Total maximum exposure to loss 16,806    
New Valley | Condominium and Mixed Use Development: | All other U.S. areas      
Schedule of Investments [Line Items]      
Total equity in earnings (losses) from real estate ventures (1,915) (1) (16,578)
Investment in real estate 76,544 57,485  
Total maximum exposure to loss 76,544    
New Valley | Hotels:      
Schedule of Investments [Line Items]      
Total equity in earnings (losses) from real estate ventures (853) (1,927) (3,556)
Investment in real estate 2,510 3,157  
Total maximum exposure to loss 2,510    
New Valley | Hotels: | New Valley’s Natura joint venture      
Schedule of Investments [Line Items]      
Investment in real estate 12,995    
New Valley | Hotels: | New Valley’s Maryland joint venture      
Schedule of Investments [Line Items]      
Investment in real estate 0    
New Valley | Hotels: | New York City SMSA      
Schedule of Investments [Line Items]      
Total equity in earnings (losses) from real estate ventures (1,041) (1,597) $ (3,248)
Investment in real estate 800 1,635  
Total maximum exposure to loss $ 800    
New Valley | Hotels: | Manhattan, NY | New Valley’s Natura joint venture      
Schedule of Investments [Line Items]      
Distributions from real estate ventures, return on capital   5,168  
Total equity in earnings (losses) from real estate ventures   3,899  
New Valley | Hotels: | Manhattan, NY | New Valley’s Maryland joint venture      
Schedule of Investments [Line Items]      
Distributions from real estate ventures, return on capital   18,566  
Total equity in earnings (losses) from real estate ventures   $ 18,566