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Receivables (Tables)
 3 Months Ended
Mar. 31, 2024
Preneed Cemetery Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Accounts receivable is comprised of the following (in thousands):
March 31, 2024
FuneralCemeteryCorporateTotal
Trade and financed receivables$8,412 $19,023 $— $27,435 
Other receivables388 219 112 719 
Allowance for credit losses(302)(1,303)— (1,605)
Accounts receivable, net$8,498 $17,939 $112 $26,549 
December 31, 2023
FuneralCemeteryCorporateTotal
Trade and financed receivables$8,822 $18,459 $— $27,281 
Other receivables404 595 286 1,285 
Allowance for credit losses(266)(1,240)— (1,506)
Accounts receivable, net$8,960 $17,814 $286 $27,060 
Cemetery Receivables
Our cemetery receivables are comprised of the following (in thousands):
December 31, 2023March 31, 2024
Interment rights$60,863 $63,328 
Merchandise and services11,223 11,314 
Unearned finance charges5,669 5,884 
Cemetery receivables$77,755 $80,526 
The components of our cemetery receivables are as follows (in thousands):
December 31, 2023March 31, 2024
Cemetery receivables$77,755 $80,526 
Less: unearned finance charges(5,669)(5,884)
Cemetery receivables, at amortized cost$72,086 $74,642 
Less: allowance for credit losses(3,495)(3,602)
Less: balances due on undelivered cemetery preneed contracts(15,797)(16,466)
Less: amounts in accounts receivable(17,219)(17,720)
Preneed cemetery receivables, net$35,575 $36,854 
The amortized cost basis of our cemetery receivables by year of origination at March 31, 2024 is as follows (in thousands):
20242023202220212020PriorTotal
Total preneed cemetery receivables, at amortized cost$12,395 $29,871 $17,435 $8,853 $3,818 $2,270 $74,642 
Preneed Cemetery Receivables
The following table summarizes the activity in our allowance for credit losses by segment (in thousands):
January 1, 2024Provision for Credit LossesWrite OffsRecoveriesMarch 31, 2024
Trade and financed receivables:
Funeral$(266)$(238)$459 $(257)$(302)
Cemetery(1,240)(208)145 — (1,303)
Total allowance for credit losses on trade and financed receivables$(1,506)$(446)$604 $(257)$(1,605)
Balances due on undelivered preneed funeral trust contracts have been reclassified to reduce Deferred preneed funeral revenue on our Consolidated Balance Sheet of $10.7 million at both December 31, 2023 and March 31, 2024. As these performance obligations are to be completed after the date of death, we cannot quantify the recognition of revenue in future periods. However, we estimate an average maturity period of ten years for preneed funeral contracts.
The following table summarizes the activity in our allowance for credit losses for Preneed cemetery receivables, net (in thousands):
January 1, 2024Provision for Credit LossesWrite OffsMarch 31, 2024
Total allowance for credit losses on Preneed cemetery receivables, net
$(2,255)$(336)$292 $(2,299)
Aging of Past Due Financing Receivables
The aging of past due cemetery receivables at March 31, 2024 is as follows (in thousands):
31-60
Past Due		61-90
Past Due		91-120
Past Due		>120
Past Due		Total Past
Due		CurrentTotal
Recognized revenue$2,418 $512 $333 $3,635 $6,898 $51,278 $58,176 
Deferred revenue444 128 141 1,234 1,947 20,403 22,350 
Total contracts$2,862 $640 $474 $4,869 $8,845 $71,681 $80,526