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Revenues from Contracts with Customers (Tables)
 6 Months Ended
Jun. 30, 2024
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 (January 1, 2024)  $6,321,573   $-   $18,237,246 
Closing (June 30, 2024)   6,784,501              -    18,917,596 
Increase/(decrease)   462,928    -    680,350 

 

   Contract Balances 
   Receivables (1)   Contract Asset   Contract Liability 
Opening (January 1, 2023)  $5,392,779   $-   $16,226,836 
Closing (December 31, 2023)   6,321,573              -    18,237,246 
Increase/(decrease)   928,794    -    2,010,410 

 

(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:

  

   2024   2023   2024   2023 
   Three Months Ended
June 30,		   Six Months Ended
June 30,		 
   2024   2023   2024   2023 
Major goods/service lines                    
At-need  $4,864,380   $4,999,450   $10,274,680   $10,153,486 
Pre-need   2,904,567    2,169,264    4,442,758    3,486,657 
 Net mortuary and cemetery sales     $7,768,947   $7,168,714   $14,717,438   $13,640,143 
                     
Timing of Revenue Recognition                    
Goods transferred at a point in time  $5,032,430   $4,528,969   $9,222,652   $8,558,635 
Services transferred at a point in time   2,736,517    2,639,745    5,494,786    5,081,508 
Net mortuary and cemetery sales  $7,768,947   $7,168,714   $14,717,438   $13,640,143 
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:

  

   2024   2023   2024   2023 
   Three Months Ended
June 30,		   Six Months Ended
June 30,		 
   2024   2023   2024   2023 
Net mortuary and cemetery sales  $7,768,947   $7,168,714   $14,717,438   $13,640,143 
Gains on investments and other assets   (202,810)   197,579    379,352    251,510 
Net investment income   574,957    1,343,274    1,659,149    1,944,765 
Other revenues   136,774    102,941    309,507    174,486 
Revenues from external customers   8,277,868    8,812,508    17,065,446    16,010,904