10-Q Filing

VECTOR GROUP LTD CIK: 59440 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0000059440-22-000027`
Period End Date	20220331
Filing Date	20220510
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	vgr-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 44 Cash Flow Statement 51 Stockholders Equity 26 Comprehensive Income 24

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Long-term investments, fair value	`InvestmentsFairValueDisclosure`	$31.06M	USD	Point-in-time
Long-term investments, fair value	`InvestmentsFairValueDisclosure`	$32.09M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$238.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$193.41M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Investment securities at fair value	`DebtSecuritiesTradingandEquitySecuritiesFVNICurrent`	$133.34M	USD	Point-in-time
Investment securities at fair value	`DebtSecuritiesTradingandEquitySecuritiesFVNICurrent`	$146.69M	USD	Point-in-time
Accounts receivable - trade, net	`AccountsReceivableNetCurrent`	$29.89M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Accounts receivable - trade, net	`AccountsReceivableNetCurrent`	$16.07M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Inventories	`InventoryNet`	$97.99M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Inventories	`InventoryNet`	$94.61M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	154.94M	shares	Point-in-time
Income taxes receivable, net	`IncomeTaxesReceivable`	-	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	153.96M	shares	Point-in-time
Income taxes receivable, net	`IncomeTaxesReceivable`	$10.95M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$10.07M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	153.96M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	154.94M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$507.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$471.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$36.08M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$36.88M	USD	Point-in-time
Investments in real estate, net	`RealEstateInvestmentPropertyNet`	$9.10M	USD	Point-in-time
Investments in real estate, net	`RealEstateInvestmentPropertyNet`	$9.04M	USD	Point-in-time
Long-term investments (includes $31,057 and $32,089 at fair value)	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$49.80M	USD	Point-in-time
Long-term investments (includes $31,057 and $32,089 at fair value)	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$53.07M	USD	Point-in-time
Investments in real estate ventures	`RealEstateInvestmentsJointVentures`	$111.50M	USD	Point-in-time
Investments in real estate ventures	`RealEstateInvestmentsJointVentures`	$105.06M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$10.97M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$10.13M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$107.51M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$107.51M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$76.69M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$80.88M	USD	Point-in-time
Total assets	`Assets`	$912.57M	USD	Point-in-time
Total assets	`Assets`	$871.09M	USD	Point-in-time
Current portion of notes payable and long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$76.00K	USD	Point-in-time
Current portion of notes payable and long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$79.00K	USD	Point-in-time
Current payments due under the Master Settlement Agreement	`SettlementAccrualMasterSettlementAgreementCurrent`	$68.59M	USD	Point-in-time
Current payments due under the Master Settlement Agreement	`SettlementAccrualMasterSettlementAgreementCurrent`	$11.89M	USD	Point-in-time
Income taxes payable, net	`AccruedIncomeTaxesCurrentNet`	$3.46M	USD	Point-in-time
Income taxes payable, net	`AccruedIncomeTaxesCurrentNet`	-	USD	Point-in-time
Current operating lease liability	`OperatingLeaseLiabilityCurrent`	$3.84M	USD	Point-in-time
Current operating lease liability	`OperatingLeaseLiabilityCurrent`	$3.86M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$139.96M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$149.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$165.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$215.95M	USD	Point-in-time
Notes payable, long-term debt and other obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$1.40B	USD	Point-in-time
Notes payable, long-term debt and other obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$1.40B	USD	Point-in-time
Non-current employee benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$68.97M	USD	Point-in-time
Non-current employee benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$69.16M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$31.31M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$34.77M	USD	Point-in-time
Non-current operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$8.85M	USD	Point-in-time
Non-current operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$7.88M	USD	Point-in-time
Payments due under the Master Settlement Agreement	`SettlementAccrualMasterSettlementAgreementNonCurrent`	$13.22M	USD	Point-in-time
Payments due under the Master Settlement Agreement	`SettlementAccrualMasterSettlementAgreementNonCurrent`	$11.12M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$22.94M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$18.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.75B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.71B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $1 per share, 10,000,000 shares authorized	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $1 per share, 10,000,000 shares authorized	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.1 per share, 250,000,000 shares authorized, 154,938,177 and 153,959,427 shares issued and outstanding	`CommonStockValue`	$15.49M	USD	Point-in-time
Common stock, par value $0.1 per share, 250,000,000 shares authorized, 154,938,177 and 153,959,427 shares issued and outstanding	`CommonStockValue`	$15.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.18M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$11.17M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-852.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-852.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.72M	USD	Point-in-time
Total Vector Group Ltd. stockholders' deficiency	`StockholdersEquity`	$-841.55M	USD	Point-in-time
Total Vector Group Ltd. stockholders' deficiency	`StockholdersEquity`	$-840.65M	USD	Point-in-time
Total liabilities and stockholders' deficiency	`LiabilitiesAndStockholdersEquity`	$912.57M	USD	Point-in-time
Total liabilities and stockholders' deficiency	`LiabilitiesAndStockholdersEquity`	$871.09M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Tax portion of revenues and cost of goods sold	`ExciseAndSalesTaxes`	$116.08M	USD	1 Quarter
Tax portion of revenues and cost of goods sold	`ExciseAndSalesTaxes`	$97.71M	USD	1 Quarter
Total revenues	`Revenues`	$270.99M	USD	1 Quarter
Total revenues	`Revenues`	$312.04M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$212.81M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$164.91M	USD	1 Quarter
Operating, selling, administrative and general expenses	`SellingGeneralAndAdministrativeExpense`	$24.03M	USD	1 Quarter
Operating, selling, administrative and general expenses	`SellingGeneralAndAdministrativeExpense`	$30.10M	USD	1 Quarter
Litigation settlement and judgment expense	`LitigationSettlementExpense`	$72.00K	USD	1 Quarter
Litigation settlement and judgment expense	`LitigationSettlementExpense`	$5.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$75.13M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$75.97M	USD	1 Quarter
Interest expense	`InterestExpense`	$25.10M	USD	1 Quarter
Interest expense	`InterestExpense`	$28.72M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-21.36M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Equity in (losses) earnings from investments	`IncomeLossFromEquityMethodInvestments`	$-2.24M	USD	1 Quarter
Equity in (losses) earnings from investments	`IncomeLossFromEquityMethodInvestments`	$577.00K	USD	1 Quarter
Equity in (losses) earnings from real estate ventures	`EquityIncomeLossfromRealEstateVentures`	$1.59M	USD	1 Quarter
Equity in (losses) earnings from real estate ventures	`EquityIncomeLossfromRealEstateVentures`	$-1.88M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$2.71M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-1.15M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$30.76M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$44.76M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$12.22M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.21M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$32.54M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$21.55M	USD	1 Quarter
Income from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Income from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$10.41M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$31.96M	USD	1 Quarter
Net income from continuing operations applicable to common shares (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.21	USD	1 Quarter
Net income from continuing operations applicable to common shares (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.14	USD	1 Quarter
Net income from discontinued operations applicable to common shares (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net income from discontinued operations applicable to common shares (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.06	USD	1 Quarter
Net income applicable to common shares (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Net income applicable to common shares (in dollars per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Net income from continuing operations applicable to common shares (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.21	USD	1 Quarter
Net income from continuing operations applicable to common shares (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.14	USD	1 Quarter
Net income from discontinued operations applicable to common shares (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Net income from discontinued operations applicable to common shares (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.06	USD	1 Quarter
Net income applicable to common shares (in dollars per share)	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Net income applicable to common shares (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$78.36M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$74.80M	USD	1 Quarter
Sale of investment securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$10.23M	USD	1 Quarter
Sale of investment securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$16.93M	USD	1 Quarter
Maturities of investment securities	`ProceedsFromSaleOfHeldToMaturitySecurities`	$21.11M	USD	1 Quarter
Maturities of investment securities	`ProceedsFromSaleOfHeldToMaturitySecurities`	$13.97M	USD	1 Quarter
Purchase of investment securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$27.23M	USD	1 Quarter
Purchase of investment securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$38.44M	USD	1 Quarter
Proceeds from sale or liquidation of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$4.39M	USD	1 Quarter
Proceeds from sale or liquidation of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	-	USD	1 Quarter
Purchase of long-term investments	`PaymentsToAcquireLongtermInvestments`	$5.81M	USD	1 Quarter
Purchase of long-term investments	`PaymentsToAcquireLongtermInvestments`	$1.00M	USD	1 Quarter
Investments in real estate ventures	`PaymentsToAcquireRealEstateHeldForInvestment`	$8.09M	USD	1 Quarter
Investments in real estate ventures	`PaymentsToAcquireRealEstateHeldForInvestment`	$8.49M	USD	1 Quarter
Distributions from investments in real estate ventures	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$3.31M	USD	1 Quarter
Increase in cash surrender value of life insurance policies	`PaymentsForProceedsFromLifeInsurancePolicies`	$765.00K	USD	1 Quarter
Increase in cash surrender value of life insurance policies	`PaymentsForProceedsFromLifeInsurancePolicies`	$564.00K	USD	1 Quarter
Increase in restricted assets	`IncreaseDecreaseOfRestrictedInvestments`	$3.00K	USD	1 Quarter
Increase in restricted assets	`IncreaseDecreaseOfRestrictedInvestments`	-	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.93M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.22M	USD	1 Quarter
Paydowns of investment securities	`ProceedsfromPrepaymentsofAvailableforsaleSecurities`	$63.00K	USD	1 Quarter
Paydowns of investment securities	`ProceedsfromPrepaymentsofAvailableforsaleSecurities`	$172.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.50M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.71M	USD	1 Quarter
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$875.00M	USD	1 Quarter
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Deferred financing costs	`PaymentsOfFinancingCosts`	$20.00M	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$11.00K	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$853.16M	USD	1 Quarter
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$259.00K	USD	1 Quarter
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$67.30M	USD	1 Quarter
Repayments on revolving credit facility	`RepaymentsOfLinesOfCredit`	$259.00K	USD	1 Quarter
Repayments on revolving credit facility	`RepaymentsOfLinesOfCredit`	$67.30M	USD	1 Quarter
Dividends on common stock	`PaymentsOfDividendsCommonStock`	$32.27M	USD	1 Quarter
Dividends on common stock	`PaymentsOfDividendsCommonStock`	$31.66M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-21.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-938.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.45M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-32.61M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$44.89M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$29.41M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$194.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$365.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$395.08M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$194.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$365.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$395.08M	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Distributions and dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Distributions and dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	153.96M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	154.94M	shares	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-841.55M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-659.69M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-656.50M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-840.65M	USD	Point-in-time
Net income	`NetIncomeLoss`	$32.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$31.96M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$257.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$189.00K	USD	1 Quarter
Distributions on common stock	`DividendsCommonStockCash`	$31.77M	USD	1 Quarter
Distributions on common stock	`DividendsCommonStockCash`	$31.62M	USD	1 Quarter
Restricted stock grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Restricted stock grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Surrender of shares in connection with restricted stock vesting	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	$1.04M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.66M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.15M	USD	1 Quarter
Other	`StockholdersEquityOther`	$1.24M	USD	1 Quarter
Ending Balance (in shares)	`CommonStockSharesOutstanding`	153.96M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	154.94M	shares	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-841.55M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-659.69M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-656.50M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-840.65M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$32.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$31.96M	USD	1 Quarter
Change in net unrealized losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-1.22M	USD	1 Quarter
Change in net unrealized losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-182.00K	USD	1 Quarter
Net unrealized losses (gains) reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$41.00K	USD	1 Quarter
Net unrealized losses (gains) reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-1.17M	USD	1 Quarter
Net unrealized losses on investment securities available for sale	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$-223.00K	USD	1 Quarter
Net unrealized losses on investment securities available for sale	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$-57.00K	USD	1 Quarter
Amortization of loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-482.00K	USD	1 Quarter
Amortization of loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-404.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossBeforeTax`	$259.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossBeforeTax`	$347.00K	USD	1 Quarter
Change in net unrealized losses on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-316.00K	USD	1 Quarter
Change in net unrealized losses on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-49.00K	USD	1 Quarter
Net unrealized losses (gains) reclassified into net income on investment securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$11.00K	USD	1 Quarter
Net unrealized losses (gains) reclassified into net income on investment securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-301.00K	USD	1 Quarter
Pension-related amounts	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-105.00K	USD	1 Quarter
Pension-related amounts	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-130.00K	USD	1 Quarter
Income tax provision on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$90.00K	USD	1 Quarter
Income tax provision on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$70.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$257.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$189.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$32.15M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$32.80M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.