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14) Revenues From Contracts With Customers (Tables)
 9 Months Ended
Sep. 30, 2020
Table Text Block Supplement [Abstract]  
Schedule of Opening and Closing Balances of Receivables, Contract Assets and Contract Liabilities

The opening and closing balances of the Company’s receivables, contract assets and contract liabilities are as follows:

 

  Contract Balances
  Receivables (1) Contract Asset Contract Liability
Opening (1/1/2020)  $       2,778,879  $                         -  $              12,607,978
Closing (9/30/2020)           3,580,669                            -                  13,045,307
Increase/(decrease)             801,790                            -                      437,329
       
  Contract Balances
  Receivables (1) Contract Asset Contract Liability
Opening (1/1/2019)  $       2,816,225  $                         -  $              12,508,625
Closing (12/31/2019)           2,778,879                            -                  12,607,978
Increase/(decrease)             (37,346)                            -                        99,353
       
(1) Included in Receivables, net on the condensed consolidated balance sheets
Revenues of the Cemetery and Mortuary Contracts

Disaggregation of Revenue

 

The following table disaggregates revenue for the Company’s cemetery and mortuary contracts for the periods presented:

 

  Three Months Ended
September 30		   Nine Months
Ended September 30
  2020   2019   2020   2019
Major goods/service lines              
At-need  $  4,272,816    $2,888,996    $    10,915,712    $    8,883,846
Pre-need      1,098,899         637,420           3,614,872          2,321,928
   $  5,371,715    $3,526,416    $    14,530,584    $   11,205,774
               
Timing of Revenue Recognition              
Goods transferred at a point in time  $  3,559,431    $2,371,041    $      9,641,751    $    7,515,881
Services transferred at a point in time      1,812,284      1,155,375           4,888,833          3,689,893
   $  5,371,715    $3,526,416    $    14,530,584    $   11,205,774
Reconciliation of Revenues from Cemetery and mortuary contracts to Business Segment Information

The following table reconciles revenues from cemetery and mortuary contracts to Note 7 – Business Segment Information for the Cemetery/Mortuary Segment for the periods presented:

 

  Three Months Ended
September 30		   Nine Months Ended
September 30
  2020   2019   2020   2019
Net mortuary and cemetery sales  $ 5,371,715    $  3,526,416    $ 14,530,584    $ 11,205,774
Gains (losses) on investments and other assets       (66,673)         (100,685)         (244,413)           752,412
Net investment income       168,478          112,246           444,971           387,617
Other revenues         22,470            32,442            84,849           126,908
Revenues from external customers    5,495,990        3,570,419      14,815,991      12,472,711