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Cemetery Perpetual Care Trust Investments (Tables)
 12 Months Ended
Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]  
Components of Care Trusts' Corpus
The components of Care trusts’ corpus as of December 31, 2017 and 2018 were as follows (in thousands): 
 
December 31, 2017

 
December 31, 2018

Trust assets, at market value
$
50,229

 
$
44,071

Obligations due from trust
(373
)
 
(577
)
Care trusts’ corpus
$
49,856

 
$
43,494
Cost and fair market values associated with the trust investments held in perpetual care trust funds
The following table reflects the cost and fair market values associated with the trust investments held in perpetual care trust funds at December 31, 2018 (in thousands):
 
Fair Value Hierarchy Level
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair Market Value
Cash and money market accounts
1
 
$
11,144

 
$
—

 
$
—

 
$
11,144

Fixed income securities:
 
 
 
 
 
 
 
 
 
Foreign debt
2
 
2,872

 
27

 
(385
)
 
2,514

Corporate debt
2
 
9,956

 
227

 
(730
)
 
9,453

Preferred stock
2
 
8,141

 
37

 
(820
)
 
7,358

Mortgage-backed securities
2
 
417

 
101

 
(9
)
 
509

Common stock
1
 
15,562

 
542

 
(3,395
)
 
12,709

Trust securities
 
 
$
48,092

 
$
934

 
$
(5,339
)
 
$
43,687

Accrued investment income
 
 
$
384

 
 
 
 
 
$
384

Cemetery perpetual care investments
 
 
 
 
 
 
 
 
$
44,071

Market value as a percentage of cost
 
 
 
 
 
 
 
 
90.8
%
The following table reflects the cost and market values associated with the trust investments held in perpetual care trust funds at December 31, 2017 (in thousands): 
 
Fair Value Hierarchy Level
 
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair Market Value
Cash and money market accounts
1
 
$
1,906

 
$
—

 
$
—

 
$
1,906

Fixed income securities:
 
 
 
 
 
 
 
 
 
Foreign debt
2
 
3,580

 
227

 
(134
)
 
3,673

Corporate debt
2
 
12,557

 
805

 
(187
)
 
13,175

Preferred stock
2
 
11,545

 
364

 
(411
)
 
11,498

Mortgage-backed securities
2
 
621

 
152

 
(15
)
 
758

Common stock
1
 
16,326

 
3,116

 
(1,595
)
 
17,847

Mutual funds:
 
 
 
 
 
 
 
 
 
Fixed income
2
 
913

 
42

 
(10
)
 
945

Trust securities
 
 
$
47,448

 
$
4,706

 
$
(2,352
)
 
$
49,802

Accrued investment income
 
 
$
427

 
 
 
 
 
$
427

Cemetery perpetual care investments
 
 
 
 
 
 
 
 
$
50,229

Market value as a percentage of cost
 
 
 
 
 
 
 
 
105.0
%
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
1,635

Due in five to ten years
2,879

Thereafter
15,320

Total fixed income securities
$
19,834
Perpetual care trust investment security transactions recorded in interest income and other, net
Perpetual care trust investment security transactions recorded in Other, net on our Consolidated Statements of Operations for the years ended December 31, 2016, 2017 and 2018 were as follows (in thousands):
 
Year ended December 31,
 
2016
 
2017
 
2018
Realized gains
$
872

 
$
926

 
$
1,364

Realized losses
(3,069
)
 
(1,195
)
 
(1,896
)
Net change in Care trusts’ corpus
2,197

 
269

 
532

Total
$
—

 
$
—

 
$
—
Perpetual care trust investment security transactions recorded in cemetery revenue
Perpetual care trust investment security transactions recorded in Other revenue for the years ended December 31, 2016, 2017 and 2018 were as follows (in thousands):
 
Year ended December 31,
 
2016
 
2017
 
2018
Investment income
$
6,451

 
$
5,949

 
$
5,934

Realized gains (losses), net
(434
)
 
(838
)
 
(1,355
)
Total
$
6,017

 
$
5,111

 
$
4,579
Purchases and sales of investments in perpetual care trusts
Purchases and sales of investments in the perpetual care trusts for the years ended December 31, 2016, 2017 and 2018 were as follows (in thousands):
 
Year ended December 31,
 
2016
 
2017
 
2018
Purchases
$
(16,546
)
 
$
(13,923
)
 
$
(17,313
)
Sales
16,534

 
8,899

 
25,786
Perpetual Care Trust Investments  
Debt Securities, Available-for-sale [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 year ended December 31, 2018 are shown in the following tables (in thousands):
 
December 31, 2018
 
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
$
1,619

 
$
(189
)
 
$
639

 
$
(196
)
 
$
2,258

 
$
(385
)
Corporate debt
7,006

 
(587
)
 
301

 
(143
)
 
7,307

 
(730
)
Preferred stock
3,586

 
(279
)
 
2,787

 
(541
)
 
6,373

 
(820
)
Mortgage-backed securities
—

 
—

 
32

 
(9
)
 
32

 
(9
)
Common stock
9,010

 
(2,557
)
 
733

 
(838
)
 
9,743

 
(3,395
)
Total temporary impaired securities
$
21,221

 
$
(3,612
)
 
$
4,492

 
$
(1,727
)
 
$
25,713

 
$
(5,339
)
Our perpetual care trust investment unrealized losses, their associated fair market values, and the duration of unrealized losses for the year ended December 31, 2017 are shown in the following tables (in thousands):
 
December 31, 2017
 
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
92

 
(3
)
 
1,128

 
(131
)
 
1,220

 
(134
)
Corporate debt
2,621

 
(59
)
 
555

 
(128
)
 
3,176

 
(187
)
Preferred stock
29

 
—

 
5,492

 
(411
)
 
5,521

 
(411
)
Mortgage-backed securities
76

 
(10
)
 
16

 
(5
)
 
92

 
(15
)
Common stock
5,119

 
(991
)
 
1,108

 
(604
)
 
6,227

 
(1,595
)
Mutual funds:
 
 
 
 
 
 
 
 
 
 
 
Fixed income
433

 
(10
)
 
—

 
—

 
433

 
(10
)
Total temporary impaired securities
$
8,370

 
$
(1,073
)
 
$
8,299

 
$
(1,279
)
 
$
16,669

 
$
(2,352
)