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Receivables from Preneed Trusts (Tables)
 6 Months Ended
Jun. 30, 2014
Receivables From Preneed Trusts [Abstract]  
Receivables from Preneed Trusts
As of December 31, 2013 and June 30, 2014, receivables from preneed trusts were as follows (in thousands):
 
December 31, 2013
 
June 30, 2014
Preneed trust funds, at cost
$
11,511

 
$
12,144

Less: allowance for contract cancellation
(345
)
 
(364
)
Receivables from preneed trusts, net
$
11,166

 
$
11,780
Composition of Assets Held in Trust
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 June 30, 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 June 30, 2014
 
 
 
Cash and cash equivalents
$
2,797

 
$
2,797

Fixed income investments
6,971

 
6,990

Mutual funds and common stocks
2,360

 
2,440

Annuities
16

 
16

Total
$
12,144

 
$
12,243

 
 
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