Receivables from Preneed Trusts

6 Months Ended

Jun. 30, 2016

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, 2015 and June 30, 2016, receivables from preneed trusts were as follows (in thousands):



	December 31, 2015			June 30, 2016
Preneed trust funds, at cost	$	13,963		$	13,263
Less: allowance for contract cancellation	(419		)	(398		)
Receivables from preneed trusts, net	$	13,544		$	12,865

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, 2016 and December 31, 2015. 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, 2016
Cash and cash equivalents	$	2,924	$	2,924
Fixed income investments	7,911		7,911
Mutual funds and common stocks	2,412		2,476
Annuities	16		16
Total	$	13,263	$	13,327



	Historical Cost Basis		Fair Value
	(in thousands)
As of December 31, 2015
Cash and cash equivalents	$	2,898	$	2,898
Fixed income investments	8,423		8,426
Mutual funds and common stocks	2,626		2,625
Annuities	16		16
Total	$	13,963	$	13,965