Receivables from Preneed Trusts

3 Months Ended

Mar. 31, 2014

Receivables From Preneed Trusts [Abstract]

The receivables from preneed trusts represent assets in trusts which are controlled and operated by third parties in which we do not have a controlling financial interest (less than 50%) in the trust assets. We account for these investments at cost. As of December 31, 2013 and March 31, 2014, receivables from preneed trusts were as follows (in thousands):



	December 31, 2013			March 31, 2014
Preneed trust funds, at cost	$	11,511		$	12,101
Less: allowance for contract cancellation	(345		)	(363		)
Receivables from preneed trusts, net	$	11,166		$	11,738

The following summary reflects the composition of the assets held in trust and controlled by third parties to satisfy our future obligations under preneed arrangements related to the preceding contracts at March 31, 2014 and December 31, 2013. The cost basis includes reinvested interest and dividends that have been earned on the trust assets. Fair value includes the unrealized gains and losses on trust assets.



	Historical Cost Basis		Fair Value
	(in thousands)
As of March 31, 2014
Cash and cash equivalents	$	2,839	$	2,839
Fixed income investments	6,752		6,764
Mutual funds and common stocks	2,495		2,576
Annuities	15		15
Total	$	12,101	$	12,194



	Historical Cost Basis		Fair Value
	(in thousands)
As of December 31, 2013
Cash and cash equivalents	$	2,657	$	2,657
Fixed income investments	6,344		6,355
Mutual funds and common stocks	2,484		2,561
Annuities	26		26
Total	$	11,511	$	11,599