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Preneed Cemetery Activities (Tables)
 3 Months Ended
Mar. 31, 2016
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 values and the duration of unrealized losses as of March 31, 2016 and December 31, 2015, respectively, are shown in the following tables:
 
March 31, 2016
 
In Loss Position
Less Than 12 Months
 
In Loss Position
Greater Than 12 Months
 
Total
 
Value
 
Unrealized
Losses
 
Value
 
Unrealized
Losses
 
Value
 
Unrealized
Losses
 
 
 
 
 
(In thousands)
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
Canadian government
$
19,788

 
$
(12
)
 
$
1,197

 
$
(37
)
 
$
20,985

 
$
(49
)
Corporate
1,632

 
(36
)
 
2,383

 
(132
)
 
4,015

 
(168
)
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
Common stock:
 
 
 
 
 
 
 
 
 
 
 
United States
197,289

 
(31,577
)
 
21,487

 
(6,128
)
 
218,776

 
(37,705
)
Canada
653

 
(199
)
 
692

 
(96
)
 
1,345

 
(295
)
Other international
17,150

 
(3,452
)
 
7,230

 
(2,382
)
 
24,380

 
(5,834
)
Mutual funds:
 
 
 
 
 
 
 
 
 
 
 
Equity
198,230

 
(25,801
)
 
82,557

 
(18,605
)
 
280,787

 
(44,406
)
Fixed income
113,796

 
(3,463
)
 
36,630

 
(11,312
)
 
150,426

 
(14,775
)
Other
1,297

 
(179
)
 
—

 
—

 
1,297

 
(179
)
Trust investments, at fair value
549,835

 
(64,719
)
 
152,176

 
(38,692
)
 
702,011

 
(103,411
)
Private equity
—

 
—

 
8,661

 
(4,599
)
 
8,661

 
(4,599
)
Trust investments, at net asset value
—

 
—

 
8,661

 
(4,599
)
 
8,661

 
(4,599
)
Total temporarily impaired securities
$
549,835

 
$
(64,719
)
 
$
160,837

 
$
(43,291
)
 
$
710,672

 
$
(108,010
)


 
December 31, 2015
 
In Loss Position
Less Than 12 Months
 
In Loss Position
Greater Than 12 Months
 
Total
 
Value
 
Unrealized
Losses
 
Value
 
Unrealized
Losses
 
Value
 
Unrealized
Losses
 
 
 
 
 
(In thousands)
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury
$
52,533

 
$
(1,435
)
 
$
21

 
$
(2
)
 
$
52,554

 
$
(1,437
)
Canadian government
16,039

 
(105
)
 
841

 
(64
)
 
16,880

 
(169
)
Corporate
1,754

 
(22
)
 
2,347

 
(96
)
 
4,101

 
(118
)
Residential mortgage-backed
42

 
(1
)
 
18

 
(2
)
 
60

 
(3
)
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
Common stock:
 
 
 
 
 
 
 
 
 
 
 
United States
198,843

 
(26,038
)
 
21,355

 
(5,999
)
 
220,198

 
(32,037
)
Canada
470

 
(6
)
 
1,430

 
(885
)
 
1,900

 
(891
)
Other international
15,567

 
(2,507
)
 
9,412

 
(3,292
)
 
24,979

 
(5,799
)
Mutual funds:
 
 
 
 
 
 
 
 
 
 
 
Equity
207,349

 
(25,991
)
 
86,720

 
(23,651
)
 
294,069

 
(49,642
)
Fixed income
139,749

 
(6,322
)
 
44,550

 
(12,204
)
 
184,299

 
(18,526
)
Trust investments, at fair value
632,346

 
(62,427
)
 
166,694

 
(46,195
)
 
799,040

 
(108,622
)
Fixed income commingled funds
108,347

 
(570
)
 
—

 
—

 
108,347

 
(570
)
Private equity
—

 
—

 
9,526

 
(4,502
)
 
9,526

 
(4,502
)
Trust investments, at net asset value
108,347

 
(570
)
 
9,526

 
(4,502
)
 
117,873

 
(5,072
)
Total temporarily impaired securities
$
740,693

 
$
(62,997
)
 
$
176,220

 
$
(50,697
)
 
$
916,913

 
$
(113,694
)
Our cemetery perpetual care trust investment unrealized losses, their associated values and the duration of unrealized losses as of March 31, 2016 and December 31, 2015, respectively, are shown in the following tables:
 
March 31, 2016
 
In Loss Position
Less Than 12 Months
 
In Loss Position
Greater Than 12 Months
 
Total
 
Value
 
Unrealized
Losses
 
Value
 
Unrealized
Losses
 
Value
 
Unrealized
Losses
 
 
 
 
 
(In thousands)
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury
$
—

 
$
—

 
$
2,878

 
$
(108
)
 
$
2,878

 
$
(108
)
Canadian government
21,022

 
(38
)
 
2,069

 
(68
)
 
23,091

 
(106
)
Corporate
3,574

 
(102
)
 
4,423

 
(260
)
 
7,997

 
(362
)
Asset-backed
115

 
(12
)
 
356

 
(22
)
 
471

 
(34
)
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
Preferred stock
3,240

 
(134
)
 
—

 
—

 
3,240

 
(134
)
Common stock:
 
 
 
 
 
 
 
 
 
 
 
United States
94,696

 
(8,843
)
 
16,916

 
(3,341
)
 
111,612

 
(12,184
)
Canada
372

 
(84
)
 
532

 
(168
)
 
904

 
(252
)
Other international
7,964

 
(1,450
)
 
2,793

 
(1,475
)
 
10,757

 
(2,925
)
Mutual funds:
 
 
 
 
 
 
 
 
 
 
 
Equity
3,778

 
(660
)
 
1,217

 
(1,377
)
 
4,995

 
(2,037
)
Fixed income
299,920


(9,270
)

294,024


(44,905
)

593,944


(54,175
)
Trust investments, at fair value
434,681

 
(20,593
)
 
325,208

 
(51,724
)
 
759,889

 
(72,317
)
Private equity
20,203

 
(410
)
 
32,142

 
(7,784
)
 
52,345

 
(8,194
)
Trust investments, at net asset value
20,203

 
(410
)
 
32,142

 
(7,784
)
 
52,345

 
(8,194
)
Total temporarily impaired securities
$
454,884

 
$
(21,003
)
 
$
357,350

 
$
(59,508
)
 
$
812,234

 
$
(80,511
)

 
December 31, 2015
 
In Loss Position
Less Than 12 Months
 
In Loss Position
Greater Than 12 Months
 
Total
 
Value
 
Unrealized
Losses
 
Value
 
Unrealized
Losses
 
Value
 
Unrealized
Losses
 
 
 
 
 
(In thousands)
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury
$
3,275

 
$
(80
)
 
$
35

 
$
(1
)
 
$
3,310

 
$
(81
)
Canadian government
18,499

 
(164
)
 
1,371

 
(102
)
 
19,870

 
(266
)
Corporate
5,163

 
(134
)
 
4,147

 
(150
)
 
9,310

 
(284
)
Residential mortgage-backed
303

 
(3
)
 
117

 
(6
)
 
420

 
(9
)
Asset-backed
145

 
(12
)
 
360

 
(19
)
 
505

 
(31
)
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
Preferred stock
4,029

 
(159
)
 
—

 
—

 
4,029


(159
)
Common stock:
 
 
 
 
 
 
 
 
 
 
 
United States
81,624

 
(7,793
)
 
14,900

 
(3,105
)
 
96,524

 
(10,898
)
Canada
702

 
(31
)
 
1,026

 
(575
)
 
1,728

 
(606
)
Other international
8,734

 
(940
)
 
2,347

 
(1,450
)
 
11,081

 
(2,390
)
Mutual funds:
 
 
 
 
 
 
 
 
 
 
 
Equity
4,580

 
(606
)
 
1,258

 
(1,244
)
 
5,838

 
(1,850
)
Fixed income
519,981

 
(18,205
)
 
294,309

 
(45,708
)
 
814,290

 
(63,913
)
Trust investments, at fair value
647,035

 
(28,127
)
 
319,870

 
(52,360
)
 
966,905

 
(80,487
)
Private equity
10,592

 
(61
)
 
24,556

 
(8,035
)
 
35,148

 
(8,096
)
Trust investments, at net asset value
10,592

 
(61
)
 
24,556

 
(8,035
)
 
35,148

 
(8,096
)
Total temporarily impaired securities
$
657,627

 
$
(28,188
)
 
$
344,426

 
$
(60,395
)
 
$
1,002,053

 
$
(88,583
)
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
 
 
March 31,
 
 
2016
 
2015
 
 
(In thousands)
Deposits
 
$
36,998

 
$
35,161

Withdrawals
 
$
32,411

 
$
31,226

Purchases of available-for-sale securities
 
$
131,851

 
$
106,937

Sales of available-for-sale securities
 
$
118,581

 
$
99,262

Realized gains from sales of available-for-sale securities
 
$
6,246

 
$
7,135

Realized losses from sales of available-for-sale securities
 
$
(22,853
)
 
$
(7,028
)
Long-term receivable and investment components
The components of Preneed cemetery receivables, net and trust investments in our unaudited condensed Consolidated Balance Sheet at March 31, 2016 and December 31, 2015 are as follows:
 
March 31, 2016
 
December 31, 2015
 
(In thousands)
Trust investments, at market
$
1,333,276

 
$
1,343,916

Cash and cash equivalents
128,497

 
118,583

Trust investments
1,461,773

 
1,462,499

Receivables from customers
965,495

 
958,503

Unearned finance charges
(32,144
)
 
(31,332
)
 
2,395,124

 
2,389,670

Allowance for cancellation
(71,445
)
 
(71,503
)
Preneed cemetery receivables, net and trust investments
$
2,323,679

 
$
2,318,167
Schedule of Available-for-sale Securities Reconciliation
 
March 31, 2016
 
Value Hierarchy Level
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Value
 
 
 
 
 
(In thousands)
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
U.S. Treasury
2
 
$
62,763

 
$
1,584

 
$
—

 
$
64,347

Canadian government
2
 
29,144

 
229

 
(49
)
 
29,324

Corporate
2
 
5,036

 
21

 
(168
)
 
4,889

Asset-backed
2
 
169

 
21

 
—

 
190

Equity securities:
 
 
 
 
 
 
 
 
 
Common stock:
 
 
 
 
 
 
 
 
 
United States
1
 
544,212

 
45,619

 
(37,705
)
 
552,126

Canada
1
 
8,487

 
3,958

 
(295
)
 
12,150

Other international
1
 
45,771

 
3,516

 
(5,834
)
 
43,453

Mutual funds:
 
 
 
 
 
 
 
 
 
Equity
1
 
353,128

 
3,010

 
(44,406
)
 
311,732

Fixed income
1
 
188,990

 
407

 
(14,775
)
 
174,622

Other
3
 
1,476

 
—

 
(179
)
 
1,297

Trust investments, at fair value
 
 
1,239,176

 
58,365

 
(103,411
)
 
1,194,130

Fixed income commingled funds
 
 
101,182

 
2,274

 
—

 
103,456

Private equity
 
 
34,460

 
5,829

 
(4,599
)
 
35,690

Trust investments, at net asset value
 
 
135,642

 
8,103

 
(4,599
)
 
139,146

Trust investments, at market
 
 
$
1,374,818

 
$
66,468

 
$
(108,010
)
 
$
1,333,276


 
December 31, 2015
 
Value Hierarchy Level
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Value
 
 
 
 
 
(In thousands)
 
 
Fixed income securities:
 
 
 
 
 
 
 
 
 
U.S. Treasury
2
 
$
69,746

 
$
25

 
$
(1,437
)
 
$
68,334

Canadian government
2
 
24,648

 
183

 
(169
)
 
24,662

Corporate
2
 
5,112

 
26

 
(118
)
 
5,020

Residential mortgage-backed
2
 
129

 
3

 
(3
)
 
129

Asset-backed
2
 
170

 
15

 
—

 
185

Equity securities:
 
 
 
 
 
 
 
 
 
Common stock:
 
 
 
 
 
 
 
 
 
United States
1
 
532,026

 
44,181

 
(32,037
)
 
544,170

Canada
1
 
8,984

 
3,858

 
(891
)
 
11,951

Other international
1
 
50,053

 
4,207

 
(5,799
)
 
48,461

Mutual funds:
 
 
 
 
 
 
 
 
 
Equity
1
 
356,798

 
1,620

 
(49,642
)
 
308,776

Fixed income
1
 
203,983

 
92

 
(18,526
)
 
185,549

Other
3
 
1,381

 
122

 
—

 
1,503

Trust investments, at fair value
 
 
1,253,030

 
54,332

 
(108,622
)
 
1,198,740

Fixed income commingled funds
 
 
108,883

 
—

 
(570
)
 
108,313

Private equity
 
 
35,411

 
5,954

 
(4,502
)
 
36,863

Trust investments, at net asset value
 
 
144,294

 
5,954

 
(5,072
)
 
145,176

Trust investments, at market
 
 
$
1,397,324

 
$
60,286

 
$
(113,694
)
 
$
1,343,916
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
 
March 31,
 
2016
 
2015
 
Other
 
Other
 
(In thousands)
Fair value, beginning balance
$
1,503

 
$
203

Net unrealized losses included in Accumulated other comprehensive income(1)
(206
)
 
(4
)
Fair value, ending balance
$
1,297

 
$
199
Investments Classified by Contractual Maturity Date
Maturity dates of our fixed income securities range from 2016 to 2041. Maturities of fixed income securities, excluding mutual funds, at March 31, 2016 are estimated as follows:
 
Fair Value
 
(In thousands)
Due in one year or less
$
26,335

Due in one to five years
32,443

Due in five to ten years
29,785

Thereafter
10,187

 
$
98,750