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

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

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

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

	December 31, 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 $1,719 and $2,209	516,973		539,926
Liggett:
Revolving credit facility	—		22,035
Equipment loans	8		37
Total notes payable, long-term debt and other obligations	1,391,981		1,436,998
Less:
Debt issuance costs	(20,162)		(24,672)
Total notes payable, long-term debt and other obligations	1,371,819		1,412,326
Less:
Current maturities	(8)		(22,065)
Amount due after one year	$	1,371,811	$	1,390,261

Schedule of Non-Cash Interest Expense

	Year Ended December 31,
	2023		2022		2021
Amortization of debt discount, net	$	490	$	439	$	393
Amortization of debt issuance costs	4,371		4,102		3,775
Loss (gain) on repurchase of 10.5% Senior Notes	549		(412)		—
Loss on extinguishment of 6.125% Senior Secured Notes	—		—		8,349
	$	5,410	$	4,129	$	12,517

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

The estimated fair value of the Company’s notes payable and long-term debt was as follows:

	December 31, 2023				December 31, 2022
	Carrying Value		Fair Value		Carrying Value		Fair Value
5.75% Senior Secured Notes due 2029	$	875,000	$	800,126	$	875,000	$	758,993
10.5% Senior Notes due 2026	516,973		522,194		539,926		537,202
Liggett and other	8		8		22,072		22,072
Notes payable and long-term debt	$	1,391,981	$	1,322,328	$	1,436,998	$	1,318,267

Schedule of Scheduled Maturities

Scheduled maturities of notes payable and long-term debt were as follows:

	Principal		Unamortized Discount/ (Premium)		Net
Year Ending December 31:
2024	$	8	$	—	$	8
2025	—		—		—
2026	518,692		1,719		516,973
2027	—		—		—
2028	—		—		—
Thereafter	875,000		—		875,000
Total	$	1,393,700	$	1,719	$	1,391,981