Revenues from Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Opening and Closing Balances of Receivables, Contract Assets and Contract Liabilities

The opening and closing balances of the Company’s receivables, contract assets and contract liabilities are as follows:

	Contract Balances
	Receivables (1)		Contract Asset		Contract Liability
Opening (1/1/2022)	$	5,298,636	$	-	$	14,508,022
Closing (12/31/2022)		5,392,779		-		16,226,836
Increase/(decrease)		94,143		-		1,718,814

	Contract Balances
	Receivables (1)		Contract Asset		Contract Liability
Opening (1/1/2021)	$	4,119,988	$	-	$	13,080,179
Closing (12/31/2021)		5,298,636		-		14,508,022
Increase/(decrease)		1,178,648		-		1,427,843

(1) Included in Receivables, net on the consolidated balance sheets

Schedule of Opening and Closing Balances of the Assets and Liabilities

The following table disaggregates the opening and closing balances of the Company’s contract balances.

	Contract Balances
	Contract Asset		Contract Liability
Pre-need merchandise and services	$	-	$	13,722,348
At-need specialty merchandise		-		785,674
Pre-need land sales		-		-
Opening (1/1/2022)	$	-	$	14,508,022
Pre-need merchandise and services	$	-	$	15,289,901
At-need specialty merchandise		-		936,935
Pre-need land sales		-		-
Closing (12/31/2022)	$	-	$	16,226,836

	Contract Balances
	Contract Asset		Contract Liability
Pre-need merchandise and services	$	-	$	12,545,753
At-need specialty merchandise		-		534,426
Pre-need land sales		-		-
Opening (1/1/2021)	$	-	$	13,080,179
Pre-need merchandise and services	$	-	$	13,722,348
At-need specialty merchandise		-		785,674
Pre-need land sales		-		-
Closing (12/31/2021)	$	-	$	14,508,022

Schedule of Revenues of the Cemetery and Mortuary Contracts

The following table disaggregates revenue for the Company’s cemetery and mortuary contracts.

	Years Ended December 31
	2022		2021
Major goods/service lines
At-need	$	21,283,237	$	16,220,541
Pre-need		5,710,618		7,776,772
	$	26,993,855	$	23,997,313
Timing of Revenue Recognition
Goods transferred at a point in time	$	16,412,963	$	16,793,439
Services transferred at a point in time		10,580,892		7,203,874
	$	26,993,855	$	23,997,313

Reconciliation of Revenues from Cemetery and mortuary contracts to Business Segment Information

The following table disaggregates contract costs that are included in deferred policy and pre-need contract acquisition costs on the consolidated balances sheets.

	Years Ended December 31
	2022		2021
Pre-need merchandise and services	$	3,780,173	$	3,688,579
At-need specialty merchandise		35,371		29,688
Pre-need land sales		-		-
	$	3,815,544	$	3,718,267