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Preneed Cemetery Activities (Tables)
 6 Months Ended
Jun. 30, 2015
Preneed Cemetery Receivables, Net and Trust Investments [Line Items]  
Schedule of Unrealized Loss on Investments
Our merchandise and service trust investment unrealized losses, their associated fair values and the duration of unrealized losses as of June 30, 2015 are shown in the following tables:
 
June 30, 2015
 
In Loss Position
Less Than 12 Months
 
In Loss Position
Greater Than 12 Months
 
Total
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
 
 
 
 
(In thousands)
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury
$
48,735

 
$
(676
)
 
$
38

 
$
(2
)
 
$
48,773

 
$
(678
)
Canadian government
1,350

 
(20
)
 
3,203

 
(136
)
 
4,553

 
(156
)
Corporate
178

 
(5
)
 
3,497

 
(140
)
 
3,675

 
(145
)
Residential mortgage-backed
34

 
(1
)
 
20

 
(1
)
 
54

 
(2
)
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
Common stock:
 
 
 
 
 
 
 
 
 
 
 
United States
224,331

 
(20,299
)
 
—

 
—

 
224,331

 
(20,299
)
Canada
2,642

 
(645
)
 
445

 
(291
)
 
3,087

 
(936
)
Other international
20,427

 
(3,930
)
 
—

 
—

 
20,427

 
(3,930
)
Mutual funds:
 
 
 
 
 
 
 
 
 
 
 
Equity
204,323

 
(7,709
)
 
—

 
—

 
204,323

 
(7,709
)
Fixed income
274,186

 
(7,339
)
 
15,093

 
(599
)
 
289,279

 
(7,938
)
Private equity
—

 
—

 
10,398

 
(3,191
)
 
10,398

 
(3,191
)
Other
—

 
—

 
672

 
(140
)
 
672

 
(140
)
Total temporarily impaired securities
$
776,206

 
$
(40,624
)
 
$
33,366

 
$
(4,500
)
 
$
809,572

 
$
(45,124
)


 
December 31, 2014
 
In Loss Position
Less Than 12 Months
 
In Loss Position
Greater Than 12 Months
 
Total
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
 
 
 
 
(In thousands)
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury
$
45,072

 
$
(605
)
 
$
—

 
$
—

 
$
45,072

 
$
(605
)
Canadian government
—

 
—

 
4,858

 
(134
)
 
4,858

 
(134
)
Corporate
2,017

 
(61
)
 
1,936

 
(55
)
 
3,953

 
(116
)
Residential mortgage-backed
33

 
(1
)
 
—

 
—

 
33

 
(1
)
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
Common stock:
 
 
 
 
 
 
 
 
 
 
 
United States
192,015

 
(11,706
)
 
585

 
—

 
192,600

 
(11,706
)
Canada
2,069

 
(319
)
 
778

 
(522
)
 
2,847

 
(841
)
Other international
28,308

 
(2,395
)
 
—

 
—

 
28,308

 
(2,395
)
Mutual funds:
 
 
 
 
 
 
 
 
 
 
 
Equity
303,211

 
(18,329
)
 
1,577

 
(101
)
 
304,788

 
(18,430
)
Fixed income
159,572

 
(4,106
)
 
15,113

 
(596
)
 
174,685

 
(4,702
)
Private equity
88

 
(100
)
 
7,518

 
(6,083
)
 
7,606

 
(6,183
)
Other
2

 
(3
)
 
259

 
(68
)
 
261

 
(71
)
Total temporarily impaired securities
$
732,387

 
$
(37,625
)
 
$
32,624

 
$
(7,559
)
 
$
765,011

 
$
(45,184
)
Our cemetery perpetual care trust investment unrealized losses, their associated fair values and the duration of unrealized losses, are shown in the following tables.
 
June 30, 2015
 
In Loss Position
Less Than 12 Months
 
In Loss Position
Greater Than 12 Months
 
Total
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
 
 
 
 
(In thousands)
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury
$
3,377

 
$
(57
)
 
$
135

 
$
(2
)
 
$
3,512

 
$
(59
)
Canadian government
2,159

 
(35
)
 
5,112

 
(236
)
 
7,271

 
(271
)
Corporate
3,221

 
(54
)
 
5,608

 
(237
)
 
8,829

 
(291
)
Residential mortgage-backed
143

 
(3
)
 
209

 
(6
)
 
352

 
(9
)
Asset-backed
150

 
(19
)
 
—

 
—

 
150

 
(19
)
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
Preferred stock
4,690

 
(374
)
 
—

 
—

 
4,690

 
(374
)
Common stock:
 
 
 
 
 
 
 
 
 
 
 
United States
106,485

 
(8,153
)
 
—

 
—

 
106,485

 
(8,153
)
Canada
1,548

 
(278
)
 
725

 
(393
)
 
2,273

 
(671
)
Other international
8,297

 
(1,439
)
 
—

 
—

 
8,297

 
(1,439
)
Mutual funds:
 
 
 
 
 
 
 
 
 
 
 
Equity
3,784

 
(577
)
 
107

 
(16
)
 
3,891

 
(593
)
Fixed income
835,332


(19,029
)

2,691


(118
)

838,023


(19,147
)
Private equity
7

 
(1
)
 
15,007

 
(7,463
)
 
15,014

 
(7,464
)
Other
5

 
(1
)
 
5,504

 
(481
)
 
5,509

 
(482
)
Total temporarily impaired securities
$
969,198

 
$
(30,020
)
 
$
35,098

 
$
(8,952
)
 
$
1,004,296

 
$
(38,972
)

 
December 31, 2014
 
In Loss Position
Less Than 12 Months
 
In Loss Position
Greater Than 12 Months
 
Total
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
 
 
 
 
(In thousands)
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury
$
497

 
$
(4
)
 
$
—

 
$
—

 
$
497

 
$
(4
)
Canadian government
—

 
—

 
7,825

 
(233
)
 
7,825

 
(233
)
Corporate
4,656

 
(108
)
 
3,198

 
(102
)
 
7,854

 
(210
)
Residential mortgage-backed
256

 
(5
)
 
69

 
(1
)
 
325

 
(6
)
Asset-backed
373

 
(4
)
 
—

 
—

 
373

 
(4
)
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
Preferred stock
2,224

 
(11
)
 
49

 
(1
)
 
2,273


(12
)
Common stock:
 
 
 
 
 
 
 
 
 
 
 
United States
100,370

 
(4,803
)
 
419

 
(78
)
 
100,789

 
(4,881
)
Canada
2,418

 
(244
)
 
757

 
(352
)
 
3,175

 
(596
)
Other international
4,444

 
(399
)
 
—

 
—

 
4,444

 
(399
)
Mutual funds:
 
 
 
 
 
 
 
 
 
 
 
Equity
2,601

 
(85
)
 
153

 
(8
)
 
2,754

 
(93
)
Fixed income
576,890

 
(14,177
)
 
2,581

 
(86
)
 
579,471

 
(14,263
)
Private equity
9,213

 
(798
)
 
14,254

 
(9,990
)
 
23,467

 
(10,788
)
Other
4,069

 
(352
)
 
6,276

 
(2,180
)
 
10,345

 
(2,532
)
Total temporarily impaired securities
$
708,011

 
$
(20,990
)
 
$
35,581

 
$
(13,031
)
 
$
743,592

 
$
(34,021
)
Cemetery  
Preneed Cemetery Receivables, Net and Trust Investments [Line Items]  
Investment related activities
The table below sets forth certain investment-related activities associated with these preneed merchandise and service trusts:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
 
(In thousands)
Deposits
$
41,093

 
$
33,132

 
$
76,254

 
$
61,403

Withdrawals
$
51,444

 
$
28,221

 
$
82,670

 
$
62,569

Purchases of available-for-sale securities
$
117,257

 
$
111,565

 
$
224,194

 
$
210,323

Sales of available-for-sale securities
$
139,681

 
$
103,530

 
$
238,943

 
$
195,847

Realized gains from sales of available-for-sale securities
$
16,406

 
$
20,655

 
$
23,541

 
$
46,187

Realized losses from sales of available-for-sale securities
$
(6,398
)
 
$
(3,826
)
 
$
(13,427
)
 
$
(6,125
)
Long-term receivable and investment components
The components of Preneed cemetery receivables, net and trust investments in our unaudited condensed consolidated balance sheet at June 30, 2015 and December 31, 2014 are as follows:
 
June 30, 2015
 
December 31, 2014
 
(In thousands)
Trust investments, at fair value
$
1,407,747

 
$
1,404,298

Cash and cash equivalents
134,678

 
122,355

Trust investments
1,542,425

 
1,526,653

Receivables from customers
917,629

 
881,082

Unearned finance charges
(33,124
)
 
(31,524
)
 
2,426,930

 
2,376,211

Allowance for cancellation
(71,896
)
 
(69,542
)
Preneed cemetery receivables, net and trust investments
$
2,355,034

 
$
2,306,669
Schedule of Available-for-sale Securities Reconciliation
 
June 30, 2015
 
Fair Value Hierarchy Level
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair
Value
 
 
 
 
 
(In thousands)
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
U.S. Treasury
2
 
$
70,592

 
$
162

 
$
(678
)
 
$
70,076

Canadian government
2
 
22,113

 
361

 
(156
)
 
22,318

Corporate
2
 
6,573

 
49

 
(145
)
 
6,477

Residential mortgage-backed
2
 
126

 
2

 
(2
)
 
126

Asset-backed
2
 
170

 
15

 
—

 
185

Equity securities:
 
 
 
 
 
 
 
 
 
Common stock:
 
 
 
 
 
 
 
 
 
United States
1
 
542,616

 
44,610

 
(20,299
)
 
566,927

Canada
1
 
10,954

 
4,620

 
(936
)
 
14,638

Other international
1
 
51,514

 
3,967

 
(3,930
)
 
51,551

Mutual funds:
 
 
 
 
 
 
 
 
 
Equity
1
 
331,972

 
4,749

 
(7,709
)
 
329,012

Fixed income
1
 
316,758

 
302

 
(7,938
)
 
309,122

Private equity
3
 
32,384

 
5,674

 
(3,191
)
 
34,867

Other
3
 
2,146

 
442

 
(140
)
 
2,448

Trust investments
 
 
$
1,387,918

 
$
64,953

 
$
(45,124
)
 
$
1,407,747


 
December 31, 2014
 
Fair Value Hierarchy Level
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair
Value
 
 
 
 
 
(In thousands)
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
U.S. Treasury
2
 
$
63,447

 
$
257

 
$
(605
)
 
$
63,099

Canadian government
2
 
21,687

 
261

 
(134
)
 
21,814

Corporate
2
 
8,725

 
122

 
(116
)
 
8,731

Residential mortgage-backed
2
 
111

 
3

 
(1
)
 
113

Asset-backed
2
 
170

 
16

 
—

 
186

Equity securities:
 
 
 
 
 
 
 
 
 
Preferred stock
2
 
10

 
1

 
—

 
11

Common stock:
 
 
 
 
 
 
 
 
 
United States
1
 
557,955

 
22,746

 
(11,706
)
 
568,995

Canada
1
 
10,962

 
5,011

 
(841
)
 
15,132

Other international
1
 
55,632

 
1,605

 
(2,395
)
 
54,842

Mutual funds:
 
 
 
 
 
 
 
 
 
Equity
1
 
344,443

 
4,244

 
(18,430
)
 
330,257

Fixed income
1
 
314,600

 
679

 
(4,702
)
 
310,577

Private equity
3
 
32,342

 
3,185

 
(6,183
)
 
29,344

Other
3
 
1,082

 
186

 
(71
)
 
1,197

Trust investments
 
 
$
1,411,166

 
$
38,316

 
$
(45,184
)
 
$
1,404,298
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation
The change in our trust investments measured at fair value with significant unobservable inputs (Level 3) is as follows:
 
Three Months Ended
 
June 30, 2015
 
June 30, 2014
 
Private Equity
 
Other
 
Private Equity
 
Other
 
(In thousands)
Fair value, beginning balance
$
31,293

 
$
2,937

 
$
27,519

 
$
1,253

Net unrealized gains (losses) included in Accumulated other comprehensive income(1)
809


(2,532
)

123


28

Net realized losses included in Other (expense) income, net(2)
(23
)
 
(5
)
 
(7
)
 
—

Purchases
—

 
1,374

 
—

 
—

Contributions
4,268

 
1,028

 
526

 
—

Distributions and other
(1,480
)
 
(354
)
 
(604
)
 
(203
)
Fair value, ending balance
$
34,867

 
$
2,448

 
$
27,557

 
$
1,078



 
Six Months Ended
 
June 30, 2015
 
June 30, 2014
 
Private Equity
 
Other
 
Private Equity
 
Other
 
(In thousands)
Fair value, beginning balance
$
29,344

 
$
1,197

 
$
26,844

 
$
1,245

Net unrealized gains (losses) included in Accumulated other comprehensive income(1)
3,533

 
(455
)
 
1,610

 
37

Net realized losses included in Other (expense) income, net(2)
(40
)
 
(13
)
 
(15
)
 
(1
)
Purchases
—

 
1,374

 
—

 
—

Contributions
4,830

 
1,294

 
1,025

 
—

Distributions and other
(2,800
)
 
(949
)
 
(1,907
)
 
(203
)
Fair value, ending balance
$
34,867

 
$
2,448

 
$
27,557

 
$
1,078
Investments Classified by Contractual Maturity Date
Maturity dates of our fixed income securities range from 2015 to 2045. Maturities of fixed income securities, excluding mutual funds, at June 30, 2015 are estimated as follows:
 
Fair Value
 
(In thousands)
Due in one year or less
$
15,032

Due in one to five years
39,483

Due in five to ten years
25,307

Thereafter
19,360

 
$
99,182