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Receivables
9 Months Ended
Sep. 30, 2021
Preneed Cemetery Receivables [Abstract]  
Receivables RECEIVABLES
Accounts Receivable
Accounts receivable is comprised of the following (in thousands):
September 30, 2021
FuneralCemeteryCorporateTotal
Trade and financed receivables$11,099 $13,289 $— $24,388 
Other receivables461 2,162 260 2,883 
Allowance for credit losses(290)(768)— (1,058)
Accounts receivable, net$11,270 $14,683 $260 $26,213 

December 31, 2020
FuneralCemeteryCorporateTotal
Trade and financed receivables$11,448 $12,230 $— $23,678 
Other receivables367 2,144 201 2,712 
Allowance for credit losses(327)(960)— (1,287)
Accounts receivable, net$11,488 $13,414 $201 $25,103 
Other receivables include supplier rebates, commissions due from third party insurance companies and perpetual care income receivables. We do not provide an allowance for credit losses for these receivables as we have historically not had any collectability issues nor do we expect any in the foreseeable future.
The following table summarizes the activity in our allowance for credit losses by portfolio segment (in thousands):
January 1, 2021Provision for Credit LossesWrite OffsRecoveriesSeptember 30, 2021
Trade and financed receivables:
Funeral$(327)$(637)$1,691 $(1,017)$(290)
Cemetery(960)(292)484 — (768)
Total allowance for credit losses on Trade and financed receivables$(1,287)$(929)$2,175 $(1,017)$(1,058)
Preneed Cemetery Receivables
Our preneed cemetery receivables are comprised of the following (in thousands):
December 31, 2020September 30, 2021
Cemetery interment rights$36,696 $41,179 
Cemetery merchandise and services10,526 11,661 
Cemetery financed receivables$47,222 $52,840 
The components of our preneed cemetery receivables are as follows (in thousands):
December 31, 2020September 30, 2021
Preneed cemetery receivables$47,222 $52,840 
Less: unearned finance charges(4,348)(4,745)
Preneed cemetery receivables, at amortized cost$42,874 $48,095 
Less: allowance for credit losses(2,604)(2,083)
Less: balances due on undelivered cemetery preneed contracts(7,919)(10,559)
Less: amounts in accounts receivable(11,270)(12,521)
Preneed cemetery receivables, net$21,081 $22,932 
The following table summarizes the activity in our allowance for credit losses for Preneed cemetery receivables, net (in thousands):
January 1, 2021Provision for Credit LossesWrite OffsSeptember 30, 2021
Total allowance for credit losses on Preneed cemetery receivables, net
$(1,644)$(497)$826 $(1,315)
The amortized cost basis of our preneed cemetery receivables by year of origination at September 30, 2021 is as follows (in thousands):
20212020201920182017PriorTotal
Total preneed cemetery receivables, at amortized cost$21,057 $12,168 $7,646 $3,776 $1,699 $1,749 $48,095 
The aging of past due preneed cemetery receivables at September 30, 2021 is as follows (in thousands):
31-60
Past Due
61-90
Past Due
91-120
Past Due
>120
Past Due
Total Past
Due
CurrentTotal
Recognized revenue$849 $644 $246 $1,955 $3,694 $34,256 $37,950 
Deferred revenue1,436 209 75 511 2,231 12,659 14,890 
Total contracts$2,285 $853 $321 $2,466 $5,925 $46,915 $52,840