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Cemetery Perpetual Care Trust Investments (Tables)
12 Months Ended
Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]  
Components of Care Trusts' Corpus
The components of Care trusts’ corpus as of December 31, 2013 and 2014 were as follows (in thousands): 
 
December 31, 2013
 
December 31, 2014
Trust assets, at market value
$
42,342

 
$
48,670

Obligations due from trust
(449
)
 
(528
)
Care trusts’ corpus
$
41,893

 
$
48,142

Cost and fair market values associated with the trust investments held in perpetual care trust funds
The cost and market values associated with the trust investments held in perpetual care trust funds at December 31, 2013 are detailed below (in thousands): 
 
Fair Value Hierarchy Level
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair Market Value
Cash and money market accounts
1
 
$
973

 
$

 
$

 
$
973

Fixed income securities:
 
 
 
 
 
 
 
 
 
Foreign debt
2
 
2,062

 
87

 
(2
)
 
2,147

Corporate debt
2
 
19,773

 
236

 
(691
)
 
19,318

Preferred stock
2
 
10,668

 
110

 
(165
)
 
10,613

Common stock
1
 
7,539

 
1,417

 
(178
)
 
8,778

Trust securities
 
 
$
41,015

 
$
1,850

 
$
(1,036
)
 
$
41,829

Accrued investment income
 
 
$
513

 
 
 
 
 
$
513

Cemetery perpetual care investments
 
 
 
 
 
 
 
 
$
42,342

Market value as a percentage of cost
 
 
 
 
 
 
 
 
102.0
%
The following table reflects the cost and fair market values associated with the trust investments held in perpetual care trust funds at December 31, 2014 (in thousands):
 
Fair Value Hierarchy Level
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair Market Value
Cash and money market accounts
1
 
$
3,206

 
$

 
$

 
$
3,206

Fixed income securities:
 
 
 
 
 
 
 
 
 
Municipal bonds
2
 
229

 
5

 

 
234

Foreign debt
2
 
3,871

 

 
(156
)
 
3,715

Corporate debt
2
 
19,911

 
248

 
(1,428
)
 
18,731

Preferred stock
2
 
12,694

 
137

 
(214
)
 
12,617

Common stock
1
 
8,747

 
1,568

 
(653
)
 
9,662

Trust securities
 
 
$
48,658

 
$
1,958

 
$
(2,451
)
 
$
48,165

Accrued investment income
 
 
$
505

 
 
 
 
 
$
505

Cemetery perpetual care investments
 
 
 
 
 
 
 
 
$
48,670

Market value as a percentage of cost
 
 
 
 
 
 
 
 
99.0
%
Estimated maturities of fixed perpetual care trust income securities
The estimated maturities of the fixed income securities included above are as follows (in thousands):
Due in one year or less
$

Due in one to five years
3,801

Due in five to ten years
4,980

Thereafter
26,516

Total fixed income securities
$
35,297

Perpetual care trust investment security transactions recorded in interest income and other, net
Perpetual care trust investment security transactions recorded in Interest expense on our Consolidated Statements of Operations for the years ended December 31, 2012, 2013 and 2014 were as follows (in thousands):
 
Year ended December 31,
 
2012
 
2013
 
2014
Realized gains
$
5,664

 
$
2,172

 
$
3,468

Realized losses
(1,707
)
 
(542
)
 
(1,748
)
Increase in Care trusts’ corpus
(3,957
)
 
(1,630
)
 
(1,720
)
Total
$

 
$

 
$

Perpetual care trust investment security transactions recorded in cemetery revenue
Perpetual care trust investment security transactions recorded in Cemetery revenue for the years ended December 31, 2012, 2013 and 2014 were as follows (in thousands):
 
Year ended December 31,
 
2012
 
2013
 
2014
Investment income
$
5,612

 
$
4,063

 
$
4,713

Realized gains, net
1,200

 
1,511

 
1,112

Total
$
6,812

 
$
5,574

 
$
5,825

Purchases and sales of investments in perpetual care trusts
Purchases and sales of investments in the perpetual care trusts were as follows (in thousands):
 
Year ended December 31,
 
2012
 
2013
 
2014
Purchases
$
(82,793
)
 
$
(27,719
)
 
$
(38,413
)
Sales
83,060

 
28,261

 
35,402

Perpetual Care Trust Invesments  
Schedule of Available-for-sale Securities [Line Items]  
Schedule of unrealized loss position, fair value
Our perpetual care trust investment unrealized losses, their associated fair market values, and the duration of unrealized losses for the years ended December 31, 2014 and 2013, are shown in the following tables (in thousands):
 
December 31, 2014
 
In Loss Position Less than 12 months
 
In Loss Position Greater than 12 months
 
Total
 
Fair market value
 
Unrealized Losses
 
Fair market value
 
Unrealized Losses
 
Fair market value
 
Unrealized Losses
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
Foreign debt
$
3,716

 
$
(156
)
 
$

 
$

 
$
3,716

 
$
(156
)
Corporate debt
11,893

 
(513
)
 
1,328

 
(915
)
 
13,221

 
(1,428
)
Preferred stock
6,821

 
(191
)
 
2,133

 
(23
)
 
8,954

 
(214
)
Common stock
4,663

 
(616
)
 
44

 
(37
)
 
4,707

 
(653
)
Total temporary impaired securities
$
27,093

 
$
(1,476
)
 
$
3,505

 
$
(975
)
 
$
30,598

 
$
(2,451
)
 
December 31, 2013
 
In Loss Position Less than 12 months
 
In Loss Position Greater than 12 months
 
Total
 
Fair market value
 
Unrealized Losses
 
Fair market value
 
Unrealized Losses
 
Fair market value
 
Unrealized Losses
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
Foreign debt
$
478

 
$
(2
)
 
$

 
$

 
$
478

 
$
(2
)
Corporate debt
6,948

 
(332
)
 
462

 
(359
)
 
7,410

 
(691
)
Preferred stock
5,811

 
(165
)
 

 

 
5,811

 
(165
)
Common stock
716

 
(114
)
 
470

 
(64
)
 
1,186

 
(178
)
Total temporary impaired securities
$
13,953

 
$
(613
)
 
$
932

 
$
(423
)
 
$
14,885

 
$
(1,036
)