Divestiture Related Activities

12 Months Ended

Dec. 31, 2013

Divestiture-Related Activities [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

Divestiture-Related Activities

As divestitures occur in the normal course of business, gains or losses on the sale of such locations are recognized in the income statement line item (Losses) gains on divestitures and impairment charges, net, which consist of the following for the years ended December 31:

	2013			2012			2011
	(In thousands)
(Losses) gains on divestitures, net	$	(3,350	)	$	617		$	(8,526	)
Impairment losses	(2,913		)	(2,150		)	(2,451		)
	$	(6,263	)	$	(1,533	)	$	(10,977	)

Assets Held for Sale

In connection with the acquisition of Stewart, we have agreed to a consent order with the staff of the Federal Trade Commission (FTC) that identifies certain properties the FTC will require us to divest as a result of the acquisition. The consent order has been approved by the FTC commissioners. As a result, these properties have been classified as assets held for sale in our December 31, 2013consolidated balance sheet. In connection with this revised classification, we have recorded an impairment loss related to legacy SCI locations of approximately $0.8 million in our Consolidated Statement of Operations for the year ended December 31, 2013.

Net assets held for sale at December 31, 2013 were as follows:

	(In thousands)
Current assets	$	4,569
Preneed funeral and cemetery receivables and trust investments	342,728
Cemetery property	83,115
Property and equipment, net	63,356
Goodwill	126,877
Deferred charges and other assets	38,050
Cemetery perpetual care trust investments	83,426
Total assets	$	742,121
Accounts payable and accrued liabilities	3,183
Deferred preneed funeral and cemetery revenues and deferred receipts held in trusts	340,418
Care trusts' corpus	83,426
Other long term liabilities	4,209
Total liabilities	431,236
Net assets held for sale	$	310,885