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Cemetery Perpetual Care Trusts (Tables)
 9 Months Ended
Sep. 30, 2015
Cemetery Perpetual Care 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 Perpetual Care  
Cemetery Perpetual Care Trust Investments [Line Items]  
Investment related activities
The table below sets forth certain investment-related activities associated with our cemetery perpetual care trusts:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
 
(In thousands)
Deposits
$
10,264

 
$
9,202

 
$
29,717

 
$
29,439

Withdrawals
$
8,073

 
$
8,680

 
$
32,749

 
$
23,879

Purchases of available-for-sale securities
$
29,129

 
$
169,973

 
$
174,243

 
$
233,795

Sales of available-for-sale securities
$
14,466

 
$
172,646

 
$
120,602

 
$
251,719

Realized gains from sales of available-for-sale securities
$
524

 
$
7,034

 
$
2,675

 
$
21,903

Realized losses from sales of available-for-sale securities
$
(156
)
 
$
(935
)
 
$
(4,478
)
 
$
(1,599
)
Long-term receivable and investment components
The components of Cemetery perpetual care 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
$
1,209,834

 
$
1,192,966

Cash and cash equivalents
94,385

 
148,410

Cemetery perpetual care trust investments
$
1,304,219

 
$
1,341,376
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
 
$
3,697

 
$
26

 
$
(95
)
 
$
3,628

Canadian government
2
 
33,094

 
507

 
(154
)
 
33,447

Corporate
2
 
13,178

 
168

 
(279
)
 
13,067

Residential mortgage-backed
2
 
968

 
18

 
(7
)
 
979

Asset-backed
2
 
662

 
6

 
(26
)
 
642

Equity securities:
 
 
 
 
 
 
 
 
 
Preferred stock
2
 
6,264

 
33

 
(626
)
 
5,671

Common stock:
 
 
 
 
 
 
 
 
 
United States
1
 
237,356

 
7,740

 
(21,941
)
 
223,155

Canada
1
 
5,381

 
2,049

 
(837
)
 
6,593

Other international
1
 
12,825

 
40

 
(2,523
)
 
10,342

Mutual funds:
 
 
 
 
 
 
 
 
 
Equity
1
 
21,602

 
3,116

 
(1,468
)
 
23,250

Fixed income
1
 
881,664

 
563

 
(41,924
)
 
840,303

Private equity
3
 
38,631

 
1,988

 
(6,773
)
 
33,846

Other
3
 
13,235

 
2,038

 
(362
)
 
14,911

Cemetery perpetual care trust investments
 
 
$
1,268,557

 
$
18,292

 
$
(77,015
)
 
$
1,209,834


 
December 31, 2014
 
Fair Value Hierarchy Level
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair
Value
 
 
 
 
 
(In thousands)
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
U.S. Treasury
2
 
$
794

 
$
40

 
$
(4
)
 
$
830

Canadian government
2
 
31,993

 
442

 
(233
)
 
32,202

Corporate
2
 
16,762

 
344

 
(210
)
 
16,896

Residential mortgage-backed
2
 
910

 
15

 
(6
)
 
919

Asset-backed
2
 
661

 
10

 
(4
)
 
667

Equity securities:
 
 
 
 
 
 
 
 
 
Preferred stock
2
 
4,439

 
60

 
(12
)
 
4,487

Common stock:
 
 
 
 
 
 
 
 


United States
1
 
225,129

 
9,340

 
(4,881
)
 
229,588

Canada
1
 
7,419

 
2,737

 
(596
)
 
9,560

Other international
1
 
8,102

 
90

 
(399
)
 
7,793

Mutual funds:
 
 
 
 
 
 
 
 
 
Equity
1
 
17,310

 
3,264

 
(93
)
 
20,481

Fixed income
1
 
846,230

 
1,580

 
(14,263
)
 
833,547

Private equity
3
 
34,288

 
408

 
(10,788
)
 
23,908

Other
3
 
13,526

 
1,094

 
(2,532
)
 
12,088

Cemetery perpetual care trust investments
 
 
$
1,207,563

 
$
19,424

 
$
(34,021
)
 
$
1,192,966
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
$
34,137

 
$
14,089

 
$
21,274

 
$
11,983

Net unrealized gains (losses) included in Accumulated other comprehensive income(1)
87


1,310


(206
)

23

Net realized losses included in Other income (expense), net(2)
(10
)

(13
)

(13
)

(17
)
Contributions
—

 
—

 
9,058

 
—

Distributions and other
(368
)
 
(475
)
 
(3,331
)
 
—

Fair value, ending balance
$
33,846

 
$
14,911

 
$
26,782

 
$
11,989



 
Nine Months Ended
 
September 30, 2015
 
September 30, 2014
 
Private Equity
 
Other
 
Private Equity
 
Other
 
(In thousands)
Fair market value, beginning balance
$
23,908

 
$
12,088

 
$
19,779

 
$
11,587

Net unrealized gains included in Accumulated other comprehensive income(1)
6,380


1,344


1,091


704

Net realized losses included in Other income (expense), net(2)
(40
)
 
(36
)
 
(37
)
 
(29
)
Sales
—

 
—

 
(17
)
 
—

Contributions
5,165

 
2,553

 
10,461

 
—

Distributions and other
(1,567
)
 
(1,038
)
 
(4,495
)
 
(273
)
Fair market value, ending balance
$
33,846

 
$
14,911

 
$
26,782

 
$
11,989
Investments Classified by Contractual Maturity Date
Maturity dates of our fixed income securities range from 2015 to 2045. Maturities of fixed income securities at September 30, 2015 are estimated as follows:
 
Fair Value
 
(In thousands)
Due in one year or less
$
26,894

Due in one to five years
16,644

Due in five to ten years
7,174

Thereafter
1,051

 
$
51,763