FINANCIAL INFORMATION

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 584,581	$ 301,353
Investment securities at fair value	131,569	150,489
Accounts receivable - trade, net	34,246	29,481
Inventories	90,997	89,790
Income taxes receivable, net	0	11,217
Restricted assets	4,477	10,258
Other current assets	26,351	21,121
Total current assets	872,221	613,709
Property, plant and equipment, net	86,736	85,516
Investments in real estate, net	26,220	23,952
Long-term investments (of which $54,628 and $0 were carried at fair value)	66,259	81,291
Investments in real estate ventures	141,105	188,131
Restricted assets	6,306	3,488
Goodwill and other intangible assets, net	266,611	267,708
Prepaid pension costs	23,869	27,697
Other assets	60,177	36,786
Total assets	1,549,504	1,328,278
Current liabilities:
Current portion of notes payable and long-term debt	256,134	33,820
Current portion of fair value of derivatives embedded within convertible debt	6,635	0
Current payments due under the Master Settlement Agreement	36,561	12,384
Current portion of employee benefits	875	952
Income taxes payable, net	5,252	100
Litigation accruals	310	260
Other current liabilities	179,153	157,123
Total current liabilities	484,920	204,639
Notes payable, long-term debt and other obligations, less current portion	1,386,697	1,194,244
Fair value of derivatives embedded within convertible debt	24,789	76,413
Non-current employee benefits	61,288	62,242
Deferred income taxes, net	37,411	58,801
Payments due under the Master Settlement Agreement	16,383	21,479
Litigation accruals	21,794	19,840
Other liabilities	63,588	22,380
Total liabilities	2,096,870	1,660,038
Commitments and contingencies (Notes 11 and 15)
Stockholders' deficiency:
Preferred stock, par value $1.00 per share, 10,000,000 shares authorized	0	0
Common stock, par value $0.10 per share, 250,000,000 shares authorized,140,914,642 and 134,365,424 shares issued and outstanding	14,092	13,437
Accumulated deficit	(542,169)	(414,785)
Accumulated other comprehensive loss	(19,982)	(12,571)
Total Vector Group Ltd. stockholders' deficiency	(548,059)	(413,919)
Non-controlling interest	693	82,159
Total stockholders' deficiency	(547,366)	(331,760)
Total liabilities and stockholders' deficiency	$ 1,549,504	$ 1,328,278