Receivables from Preneed Trusts (Tables)

9 Months Ended

Sep. 30, 2018

Receivables From Preneed Trusts [Abstract]

As of December 31, 2017 and September 30, 2018, receivables from preneed trusts were as follows (in thousands):



	December 31, 2017			September 30, 2018
Preneed trust funds, at cost	$	15,759		$	17,334
Less: allowance for contract cancellation	(472		)	(519		)
Receivables from preneed trusts, net	$	15,287		$	16,815

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 September 30, 2018 and December 31, 2017. 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 September 30, 2018 was as follows (in thousands):



	Historical Cost Basis		Fair Value
As of September 30, 2018
Cash and cash equivalents	$	4,180	$	4,180
Fixed income investments	10,423		10,423
Mutual funds and common stocks	2,725		2,675
Annuities	6		6
Total	$	17,334	$	17,284

The composition of the preneed trust funds at December 31, 2017 was as follows (in thousands):



	Historical Cost Basis		Fair Value
As of December 31, 2017
Cash and cash equivalents	$	3,903	$	3,903
Fixed income investments	9,306		9,306
Mutual funds and common stocks	2,544		2,567
Annuities	6		6
Total	$	15,759	$	15,782