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Preneed Cemetery Activities (Tables)
 9 Months Ended
Sep. 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 September 30, 2015 are shown in the following tables:
 
September 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
$
55,492

 
$
(1,257
)
 
$
13

 
$
(1
)
 
$
55,505

 
$
(1,258
)
Canadian government
1,242

 
(20
)
 
879

 
(66
)
 
2,121

 
(86
)
Corporate
204

 
(8
)
 
2,441

 
(104
)
 
2,645

 
(112
)
Residential mortgage-backed
27

 
—

 
19

 
(2
)
 
46

 
(2
)
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
Common stock:
 
 
 
 
 
 
 
 
 
 
 
United States
300,606

 
(47,051
)
 
—

 
—

 
300,606

 
(47,051
)
Canada
789

 
(442
)
 
1,231

 
(749
)
 
2,020

 
(1,191
)
Other international
28,359

 
(9,341
)
 
—

 
—

 
28,359

 
(9,341
)
Mutual funds:
 
 
 
 
 
 
 
 
 
 
 
Equity
296,807

 
(48,088
)
 
1,889

 
(514
)
 
298,696

 
(48,602
)
Fixed income
259,288

 
(12,800
)
 
13,519

 
(553
)
 
272,807

 
(13,353
)
Private equity
—

 
—

 
8,325

 
(2,976
)
 
8,325

 
(2,976
)
Total temporarily impaired securities
$
942,814

 
$
(119,007
)
 
$
28,316

 
$
(4,965
)
 
$
971,130

 
$
(123,972
)


 
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
$
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.
 
September 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
$
3,262

 
$
(95
)
 
$
—

 
$
—

 
$
3,262

 
$
(95
)
Canadian government
15,585

 
(40
)
 
1,412

 
(114
)
 
16,997

 
(154
)
Corporate
2,112

 
(70
)
 
4,474

 
(209
)
 
6,586

 
(279
)
Residential mortgage-backed
200

 
(1
)
 
89

 
(6
)
 
289

 
(7
)
Asset-backed
131

 
(10
)
 
372

 
(16
)
 
503

 
(26
)
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
Preferred stock
4,911

 
(626
)
 
—

 
—

 
4,911

 
(626
)
Common stock:
 
 
 
 
 
 
 
 
 
 
 
United States
158,685

 
(21,941
)
 
—

 
—

 
158,685

 
(21,941
)
Canada
692

 
(303
)
 
923

 
(534
)
 
1,615

 
(837
)
Other international
10,060

 
(2,494
)
 
84

 
(29
)
 
10,144

 
(2,523
)
Mutual funds:
 
 
 
 
 
 
 
 
 
 
 
Equity
5,107

 
(1,432
)
 
255

 
(36
)
 
5,362

 
(1,468
)
Fixed income
822,656


(41,471
)

4,384


(453
)

827,040


(41,924
)
Private equity
—

 
—

 
14,564

 
(6,773
)
 
14,564

 
(6,773
)
Other
14

 
(11
)
 
5,587

 
(351
)
 
5,601

 
(362
)
Total temporarily impaired securities
$
1,023,415

 
$
(68,494
)
 
$
32,144

 
$
(8,521
)
 
$
1,055,559

 
$
(77,015
)

 
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
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
 
(In thousands)
Deposits
$
40,327

 
$
34,018

 
$
116,581

 
$
95,421

Withdrawals
$
33,260

 
$
33,669

 
$
115,930

 
$
96,238

Purchases of available-for-sale securities
$
165,025

 
$
247,853

 
$
389,219

 
$
458,176

Sales of available-for-sale securities
$
150,804

 
$
285,411

 
$
389,747

 
$
481,258

Realized gains from sales of available-for-sale securities
$
10,318

 
$
40,635

 
$
33,859

 
$
86,822

Realized losses from sales of available-for-sale securities
$
(11,948
)
 
$
(4,439
)
 
$
(25,375
)
 
$
(10,564
)
Long-term receivable and investment components
The components of Preneed cemetery receivables, net and trust investments in our unaudited condensed consolidated balance sheet at September 30, 2015 and December 31, 2014 are as follows:
 
September 30, 2015
 
December 31, 2014
 
(In thousands)
Trust investments, at fair value
$
1,317,018

 
$
1,404,298

Cash and cash equivalents
120,805

 
122,355

Trust investments
1,437,823

 
1,526,653

Receivables from customers
935,844

 
881,082

Unearned finance charges
(33,477
)
 
(31,524
)
 
2,340,190

 
2,376,211

Allowance for cancellation
(72,384
)
 
(69,542
)
Preneed cemetery receivables, net and trust investments
$
2,267,806

 
$
2,306,669
Schedule of Available-for-sale Securities Reconciliation
 
September 30, 2015
 
Fair Value Hierarchy Level
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair
Value
 
 
 
 
 
(In thousands)
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
U.S. Treasury
2
 
$
67,552

 
$
41

 
$
(1,258
)
 
$
66,335

Canadian government
2
 
25,546

 
306

 
(86
)
 
25,766

Corporate
2
 
5,293

 
31

 
(112
)
 
5,212

Residential mortgage-backed
2
 
135

 
3

 
(2
)
 
136

Asset-backed
2
 
170

 
18

 
—

 
188

Equity securities:
 
 
 
 
 
 
 
 
 
Common stock:
 
 
 
 
 
 
 
 
 
United States
1
 
546,840

 
27,293

 
(47,051
)
 
527,082

Canada
1
 
9,077

 
3,737

 
(1,191
)
 
11,623

Other international
1
 
56,256

 
2,102

 
(9,341
)
 
49,017

Mutual funds:
 
 
 
 
 
 
 
 
 
Equity
1
 
352,117

 
1,525

 
(48,602
)
 
305,040

Fixed income
1
 
302,920

 
322

 
(13,353
)
 
289,889

Private equity
3
 
30,896

 
6,462

 
(2,976
)
 
34,382

Other
3
 
2,089

 
259

 
—

 
2,348

Trust investments
 
 
$
1,398,891

 
$
42,099

 
$
(123,972
)
 
$
1,317,018


 
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
 
September 30, 2015
 
September 30, 2014
 
Private Equity
 
Other
 
Private Equity
 
Other
 
(In thousands)
Fair value, beginning balance
$
34,867

 
$
2,448

 
$
27,557

 
$
1,078

Net unrealized gains (losses) included in Accumulated other comprehensive income(1)
1,779


1,045


1,056


(186
)
Net realized losses included in Other income (expense), net(2)
(6
)
 
(4
)
 
(8
)
 
(5
)
Purchases
—

 
(26
)
 
—

 
—

Contributions
—

 
—

 
5,379

 
127

Distributions and other
(2,258
)
 
(1,115
)
 
(3,147
)
 
—

Fair value, ending balance
$
34,382

 
$
2,348

 
$
30,837

 
$
1,014



 
Nine Months Ended
 
September 30, 2015
 
September 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)
5,312

 
590

 
2,666

 
(149
)
Net realized losses included in Other income (expense), net(2)
(46
)
 
(17
)
 
(23
)
 
(6
)
Purchases
—

 
1,348

 
—

 
—

Contributions
4,830

 
1,294

 
6,404

 
127

Distributions and other
(5,058
)
 
(2,064
)
 
(5,054
)
 
(203
)
Fair value, ending balance
$
34,382

 
$
2,348

 
$
30,837

 
$
1,014
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 September 30, 2015 are estimated as follows:
 
Fair Value
 
(In thousands)
Due in one year or less
$
26,631

Due in one to five years
25,881

Due in five to ten years
26,261

Thereafter
18,864

 
$
97,637