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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2012
Reinsurance/Insurance Operations [Abstract]  
Reinsurance arrangements

The components of preneed cemetery receivables and trust investments in the condensed consolidated balance sheets as of January 31, 2013 and October 31, 2012 are as follows:

 

                 
    January 31,
2013		     October 31,
2012		  

Trust assets

   $ 206,224     $ 197,544  

Receivables from customers

     29,333       29,594  
   

 

 

    

 

 

  
      235,557       227,138  

Allowance for cancellations

     (2,043 )      (2,090 ) 
   

 

 

    

 

 

  

Preneed cemetery receivables and trust investments

   $ 233,514     $ 225,048  
   

 

 

    

 

 

  
Prepaid reinsurance premiums and reinsurance recoverables

The cost basis and market values associated with the preneed cemetery merchandise and services trust assets as of January 31, 2013 are detailed below.

 

                                             
    January 31, 2013  
    Fair Value
Hierarchy
Level		   Cost Basis     Unrealized
Gains		     Unrealized
Losses		     Market        

Cash, money market and other short-term investments

   1   $ 14,184     $ —       $ —       $ 14,184          

Long-term certificate of deposit investments

   1     450       —         —         450          

U.S. Government, agencies and municipalities

   2     1,527       102       —         1,629          

Corporate bonds

   2     1,922       137       —         2,059          

Preferred stocks

   2     12,540       593       (248 )      12,885          

Common stocks

   1     106,025       3,992       (23,908 )      86,109          

Mutual funds:

                                            

Equity

   1     23,102       178       (5,097 )      18,183          

Fixed income

   1     52,621       521       (389 )      52,753          

Commodity

   1     8,693       —         (2,049 )      6,644          

Master limited partnerships

   1     7,282       253       —         7,535          

Real estate investment trusts

   1     3,178       39       (20 )      3,197          
       

 

 

    

 

 

    

 

 

    

 

 

          

Trust investments

       $ 231,524     $ 5,815     $ (31,711 )    $ 205,628          
       

 

 

    

 

 

    

 

 

                  

Market value as a percentage of cost

                                         88.8 % 
                                       

 

 

  

Accrued investment income

                                 596          
                               

 

 

          

Trust assets

                               $ 206,224