Accounts receivable is comprised of the following at December 31, 2019 and June 30, 2020 (in thousands):



	December 31, 2019
	Funeral			Cemetery			Corporate		Total
Trade and financed receivables	$	10,046		$	10,508		$	—	$	20,554
Other receivables	935			157			681		1,773
Allowance for bad debt and contract cancellation	(223		)	(626		)	—		(849		)
Accounts receivable, net	$	10,758		$	10,039		$	681	$	21,478



	June 30, 2020
	Funeral			Cemetery			Corporate		Total
Trade and financed receivables	$	8,899		$	11,277		$	—	$	20,176
Other receivables	352			617			214		1,183
Allowance for credit losses	(306		)	(1,020		)	—		(1,326		)
Accounts receivable, net	$	8,945		$	10,874		$	214	$	20,033

During the six months ended June 30, 2020, we increased our allowance for credit losses on our Accounts Receivables by $0.2 million as a result of the economic impact of COVID-19. Other receivables include supplier rebates, commissions due from third party insurance companies and perpetual care income receivables. We do not provide an allowance for credit losses for these receivables as we have historically not had any collectability issues nor do we expect any in the foreseeable future.

The following table summarizes the activity in our allowance for credit losses by portfolio segment for six months ended June 30, 2020 (in thousands):



	January 1, 2020			Provision for Credit Losses			Allowance Recorded at Acquisition			Write Offs		Recoveries			June 30, 2020
Trade and financed receivables:
Funeral	$	(223	)	$	(682	)	$	—		$	1,042	$	(443	)	$	(306	)
Cemetery	(626		)	(320		)	(287		)	213		—			(1,020		)
Total allowance for credit losses on Trade and financed receivables	$	(849	)	$	(1,002	)	$	(287	)	$	1,255	$	(443	)	$	(1,326	)

As noted in Note 3, we acquired preneed cemetery receivables in connection with the funeral home and cemetery combination business in Lafayette, California acquired on January 3, 2020. We recorded an allowance for credit losses of $0.6 million on these acquired receivables ($0.2 million current portion shown above in Accounts Receivable, net and $0.4 million non-current portion shown below in Preneed Cemetery Receivables, net). We accounted for the allowance for credit losses on these purchased financed

assets using specific identification as these assets have a unique set of risk characteristics. For these specifically identified receivables, we determined the allowance to be 100% of the face value.

Bad debt expense for accounts receivable totaled $0.3 million and $0.5 million for the three and six months ended June 30, 2019.

Our preneed cemetery receivables are comprised of the following at December 31, 2019 and June 30, 2020 (in thousands):



	December 31, 2019		June 30, 2020
Cemetery interment rights	$	31,366	$	34,301
Cemetery merchandise and services	9,950		10,028
Preneed cemetery receivables	$	41,316	$	44,329

The components of our preneed cemetery receivables at December 31, 2019 and June 30, 2020 are as follows (in thousands):



	December 31, 2019			June 30, 2020
Preneed cemetery receivables	$	41,316		$	44,329
Less: unearned finance charges	(4,522		)	(4,159		)
Preneed cemetery receivables, at amortized cost	$	36,794		$	40,170
Less: allowance for contract cancellation and credit losses	(1,916		)	(3,007		)
Less: balances due on undelivered cemetery preneed contracts	(4,823		)	(6,668		)
Less: amounts in accounts receivable	(9,882		)	(10,257		)
Preneed cemetery receivables, net	$	20,173		$	20,238

The following table summarizes the activity in our allowance for credit losses for Preneed cemetery receivables, net for the six months ended June 30, 2020 (in thousands):



	January 1, 2020			Provision for Credit Losses			Allowance Recorded at Acquisition			Write Offs		June 30, 2020
Total allowance for credit losses on Preneed cemetery receivables, net	$	(1,290	)	$	(505	)	$	(318	)	$	126	$	(1,987	)

During the six months ended June 30, 2020, we increased our allowance for credit losses on our Preneed cemetery receivables, net by $0.4 million as a result of the economic impact of COVID-19. Bad debt expense for our preneed cemetery receivables totaled $0.1 million and $0.2 million for the three and six months ended June 30, 2019.

The amortized cost basis of our preneed cemetery receivables by year of origination as of June 30, 2020 is as follows (in thousands):



	2020		2019		2018		2017		2016		Prior		Total
Total preneed cemetery receivables, at amortized cost	$	9,891	$	13,590	$	7,390	$	4,495	$	2,432	$	2,372	$	40,170



	31-60 Past Due		61-90 Past Due		91-120 Past Due		>120 Past Due		Total Past Due		Current		Total
Recognized revenue	$	728	$	508	$	266	$	2,128	$	3,630	$	29,394	$	33,024
Deferred revenue	186		166		81		397		830		10,475		11,305
Total contracts	$	914	$	674	$	347	$	2,525	$	4,460	$	39,869	$	44,329