Receivables from Preneed Trusts (Tables)

6 Months Ended

Jun. 30, 2017

Receivables From Preneed Trusts [Abstract]

As of December 31, 2016 and June 30, 2017, receivables from preneed trusts were as follows (in thousands):



	December 31, 2016			June 30, 2017
Preneed trust funds, at cost	$	14,658		$	15,543
Less: allowance for contract cancellation	(440		)	(466		)
Receivables from preneed trusts, net	$	14,218		$	15,077

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, 2017 and December 31, 2016. 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.

The composition of the preneed trust funds at June 30, 2017 was as follows (in thousands):



	Historical Cost Basis		Fair Value
As of June 30, 2017
Cash and cash equivalents	$	3,859	$	3,860
Fixed income investments	9,080		9,080
Mutual funds and common stocks	2,588		2,607
Annuities	16		16
Total	$	15,543	$	15,563

The composition of the preneed trust funds at December 31, 2016 was as follows (in thousands):



	Historical Cost Basis		Fair Value
As of December 31, 2016
Cash and cash equivalents	$	3,378	$	3,378
Fixed income investments	8,809		8,809
Mutual funds and common stocks	2,455		2,463
Annuities	16		16
Total	$	14,658	$	14,666