Receivables from Preneed Trusts (Tables)

9 Months Ended

Sep. 30, 2016

Receivables From Preneed Trusts [Abstract]

Receivables from Preneed Trusts

As of December 31, 2015 and September 30, 2016, receivables from preneed trusts were as follows (in thousands):

	December 31, 2015			September 30, 2016
Preneed trust funds, at cost	$	13,963		$	14,267
Less: allowance for contract cancellation	(419		)	(428		)
Receivables from preneed trusts, net	$	13,544		$	13,839

Composition of Assets Held in Trust

The following summary reflects the composition of the assets held in trust and controlled by third parties to satisfy our future obligations under preneed arrangements related to the preceding contracts at September 30, 2016 and December 31, 2015. The cost basis includes reinvested interest and dividends that have been earned on the trust assets. Fair value includes the unrealized gains and losses on trust assets.

	Historical Cost Basis		Fair Value
	(in thousands)
As of September 30, 2016
Cash and cash equivalents	$	3,382	$	3,382
Fixed income investments	8,453		8,452
Mutual funds and common stocks	2,417		2,477
Annuities	15		15
Total	$	14,267	$	14,326

	Historical Cost Basis		Fair Value
	(in thousands)
As of December 31, 2015
Cash and cash equivalents	$	2,898	$	2,898
Fixed income investments	8,423		8,426
Mutual funds and common stocks	2,626		2,625
Annuities	16		16
Total	$	13,963	$	13,965