Notes Payable, Long-Term Debt and Other Obligations (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of Notes Payable, Long-term Debt and Other Obligations

Notes payable, long-term debt and other obligations consisted of:

	September 30, 2023		December 31, 2022
Vector:
5.75% Senior Secured Notes due 2029	$	875,000	$	875,000
10.5% Senior Notes due 2026, net of unamortized discount of $1,847 and $2,209	531,936		539,926
Liggett:
Revolving credit agreement	—		22,035
Equipment loans	15		37
Notes payable, long-term debt and other obligations	1,406,951		1,436,998
Less:
Debt issuance costs	(21,437)		(24,672)
Total notes payable, long-term debt and other obligations	1,385,514		1,412,326
Less:
Current maturities	(15)		(22,065)
Amount due after one year	$	1,385,499	$	1,390,261

Schedule of Non-Cash Interest Expense

Non-Cash Interest Expense — Vector:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Amortization of debt discount, net	$	124	$	111	$	362	$	324
Amortization of debt issuance costs	1,104		1,036		3,254		3,052
(Gain) loss on repurchase of 10.5% Senior Notes	—		(412)		181		(412)
Total non-cash interest expense	$	1,228	$	735	$	3,797	$	2,964

Schedule of Fair Value of Notes Payable and Long-term Debt

Fair Value of Notes Payable and Long-Term Debt:

	September 30, 2023				December 31, 2022
	Carrying		Fair		Carrying		Fair
	Value		Value		Value		Value
5.75% Senior Secured Notes due 2029	$	875,000	$	742,796	$	875,000	$	758,993
10.5% Senior Notes due 2026	531,936		534,077		539,926		537,202
Liggett and other	15		15		22,072		22,072
Notes payable and long-term debt	$	1,406,951	$	1,276,888	$	1,436,998	$	1,318,267