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Revenues from Contracts with Customers (Tables)
 9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [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 (1/1/2021)  $4,119,988   $—   $13,080,179 
Closing (9/30/2021)   4,952,257    —    14,184,328 
Increase/(decrease)   832,269    —    1,104,149 

 

   Contract Balances 
   Receivables (1)   Contract Asset   Contract Liability 
Opening (1/1/2020)  $2,778,879   $—   $12,607,978 
Closing (12/31/2020)   4,119,988    —    13,080,179 
Increase/(decrease)   1,341,109    —    472,201 

 

(1) Included in Receivables, net on the condensed consolidated balance sheets
Schedule of Revenues of the Cemetery and Mortuary Contracts

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		 
   2021   2020   2021   2020 
Major goods/service lines                    
At-need  $4,129,203   $4,272,816   $12,172,631   $10,915,712 
Pre-need   1,838,472    1,098,899    6,055,568    3,614,872 
Net mortuary and cemetery sales  $5,967,675   $5,371,715   $18,228,199   $14,530,584 
                     
Timing of Revenue Recognition                    
Goods transferred at a point in time  $4,132,050   $3,559,431   $12,882,878   $9,641,751 
Services transferred at a point in time   1,835,625    1,812,284    5,345,321    4,888,833 
Net mortuary and cemetery sales  $5,967,675   $5,371,715   $18,228,199   $14,530,584 
Schedule of 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		 
   2021   2020   2021   2020 
Net mortuary and cemetery sales  $5,967,675   $5,371,715   $18,228,199   $14,530,584 
Gains (losses) on investments and other assets   (112,828)   (66,673)   913,058    (244,413)
Net investment income   826,008    168,478    1,296,899    444,971 
Other revenues   24,492    22,470    74,378    84,849 
Revenues from external customers   6,705,347    5,495,990    20,512,534    14,815,991