FINANCIAL INFORMATION

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 371,341	$ 584,581
Investment securities at fair value	129,641	131,569
Accounts receivable - trade, net	36,959	34,246
Inventories	98,762	90,997
Other current assets	44,911	30,828
Total current assets	681,614	872,221
Property, plant and equipment, net	82,160	86,736
Investments in real estate, net	28,317	26,220
Long-term investments (of which $45,781 and $54,628 were carried at fair value)	61,723	66,259
Investments in real estate ventures	131,556	141,105
Operating lease right of use assets	149,578
Goodwill and other intangible assets, net	265,993	266,611
Other assets	104,148	90,352
Total assets	1,505,089	1,549,504
Current liabilities:
Current portion of notes payable and long-term debt	209,269	256,134
Current portion of fair value of derivatives embedded within convertible debt	4,999	6,635
Current payments due under the Master Settlement Agreement	34,116	36,561
Current operating lease liability	18,294	0
Income taxes payable, net	5,138	5,252
Other current liabilities	189,317	180,338
Total current liabilities	461,133	484,920
Notes payable, long-term debt and other obligations, less current portion	1,397,216	1,386,697
Fair value of derivatives embedded within convertible debt	0	24,789
Non-current employee benefits	67,853	61,288
Deferred income taxes, net	33,695	37,411
Non-current operating lease liability	156,963
Payments due under the Master Settlement Agreement	17,275	16,383
Other liabilities	55,970	85,382
Total liabilities	2,190,105	2,096,870
Commitments and contingencies (Notes 0 and 15)
Stockholders' deficiency:
Preferred stock, par value $1 per share, 10,000,000 shares authorized	0	0
Common stock, par value $0.1 per share, 250,000,000 shares authorized, 148,084,900 and 140,914,642 shares issued and outstanding	14,808	14,092
Accumulated deficit	(678,464)	(542,169)
Accumulated other comprehensive loss	(21,808)	(19,982)
Total Vector Group Ltd. stockholders' deficiency	(685,464)	(548,059)
Non-controlling interest	448	693
Total stockholders' deficiency	(685,016)	(547,366)
Total liabilities and stockholders' deficiency	$ 1,505,089	$ 1,549,504