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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2020	May 22, 2020
Document and Entity Information [Abstract]
Entity Registrant Name	CARRIAGE SERVICES INC
Entity Central Index Key	0001016281
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		17,908,764
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 11,920	$ 716
Accounts receivable, net	20,845	21,478
Inventories	7,188	6,989
Prepaid and other current assets	14,447	10,667
Total current assets	54,400	39,850
Preneed cemetery trust investments	60,776	72,382
Preneed funeral trust investments	81,377	96,335
Preneed cemetery receivables, net	20,402	20,173
Receivables from preneed trusts	18,089	18,024
Property, plant and equipment, net	278,995	279,200
Cemetery property, net	101,797	87,032
Goodwill	396,696	398,292
Intangible and other non-current assets, net	33,457	32,116
Operating lease right-of-use assets	21,891	22,304
Cemetery perpetual care trust investments	52,677	64,047
Total assets	1,120,557	1,129,755
Current liabilities:
Current portion of debt and lease obligations	3,219	3,150
Accounts payable	6,425	8,413
Accrued and other liabilities	23,788	24,026
Convertible subordinated notes due 2021	6,042	0
Total current liabilities	39,474	35,589
Acquisition debt, net of current portion	5,462	5,658
Credit facility	112,509	82,182
Convertible subordinated notes due 2021	0	5,971
Acquisition debt, net of current portion	395,575	395,447
Obligations under finance leases, net of current portion	5,776	5,854
Obligations under operating leases, net of current portion	21,106	21,533
Deferred preneed cemetery revenue	46,980	46,569
Deferred preneed funeral revenue	29,363	29,145
Deferred tax liability	45,491	41,368
Other long-term liabilities	1,435	1,737
Deferred preneed cemetery receipts held in trust	60,776	72,382
Deferred preneed funeral receipts held in trust	81,377	96,335
Care trusts’ corpus	52,774	63,416
Total liabilities	898,098	903,186
Commitments and contingencies
Stockholders’ equity:
Common stock, $.01 par value; 80,000,000 shares authorized and 25,880,362 and 25,934,103 shares issued at December 31, 2019 and March 31, 2020, respectively	259	259
Additional paid-in capital	242,234	242,147
Retained earnings	82,016	86,213
Treasury stock, at cost; 8,025,339 at both December 31, 2019 and March 31, 2020	(102,050)	(102,050)
Total stockholders’ equity	222,459	226,569
Total liabilities and stockholders’ equity	$ 1,120,557	$ 1,129,755

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	25,934,103	25,880,362
Treasury stock, shares	8,025,339	8,025,339

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Segment Reporting Information [Line Items]
Revenues	$ 77,490	$ 69,081
Field costs and expenses:
Cost of operating	1,276	400
Cemetery property amortization	877	849
Field depreciation expense	3,290	3,085
Regional and unallocated funeral and cemetery costs	2,756	2,789
Total field costs and expenses	54,319	47,481
Gross profit	23,171	21,600
Corporate costs and expenses:
General, administrative and other	5,946	5,612
Home office depreciation and amortization	382	389
Total corporate costs and expenses	6,328	6,001
Impairment of goodwill and other intangibles	(14,693)	0
Operating income	2,150	15,599
Interest expense	(8,428)	(6,328)
Accretion of discount on convertible subordinated notes	(65)	(57)
Other, net	(4)	(13)
Income (loss) before income taxes	(6,347)	9,201
Benefit (expense) for income taxes	2,136	(2,577)
Tax adjustment related to discrete items	(14)	99
Total benefit (expense) for income taxes	2,150	(2,676)
Net income (loss)	$ (4,197)	$ 6,525
Basic earnings per common share:
Continuing operations (in dollars per Share)	$ (0.23)	$ 0.36
Continuing operations (in dollars per Share)	(0.23)	0.36
Dividends declared per common share (in dollars per Share)	$ 0.075	$ 0.075
Weighted average number of common and common equivalent shares outstanding:
Basic (in Shares)	17,805	18,057
Diluted (in Shares)	17,805	18,097
Funeral
Segment Reporting Information [Line Items]
Revenues	$ 61,742	$ 56,163
Field costs and expenses:
Cost of operating	21,057	18,097
Corporate costs and expenses:
Operating income	4,311	18,076
Income (loss) before income taxes	4,119	17,862
Cemetery
Segment Reporting Information [Line Items]
Revenues	15,748	12,918
Field costs and expenses:
Cost of operating	25,063	22,261
Corporate costs and expenses:
Operating income	4,167	3,524
Income (loss) before income taxes	4,105	3,585
Service Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	40,732	36,652
Property and Merchandise [Member]
Segment Reporting Information [Line Items]
Revenues	31,271	28,579
Other revenue
Segment Reporting Information [Line Items]
Revenues	5,487	3,850
Other revenue \| Funeral
Segment Reporting Information [Line Items]
Revenues	3,483	2,221
Other revenue \| Cemetery
Segment Reporting Information [Line Items]
Revenues	$ 2,004	$ 1,629

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Net income	$ (4,197)	$ 6,525
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	4,549	4,323
Provision for bad debt and credit losses	690	366
Stock-based compensation expense	831	585
Deferred income tax (benefit) expense	3,596	991
Amortization of deferred financing costs	200	94
Amortization of capitalized commissions on preneed contracts	141	138
Accretion of discount on convertible subordinated notes	65	57
Accretion of debt discount, net of debt premium on senior notes	75	120
Net loss on sale of businesses and disposal of other assets	60	167
Goodwill and other impairments	14,693	0
Other	19	0
Changes in operating assets and liabilities that provided (required) cash:
Accounts and preneed receivables	2,179	630
Inventories, prepaid and other current assets	(8,748)	736
Intangible and other non-current assets	(103)	(24)
Preneed funeral and cemetery trust investments	(2,890)	(1,269)
Accounts payable	(2,133)	(2,895)
Accrued and other liabilities	(114)	(1,292)
Deferred preneed funeral and cemetery revenue	1,080	117
Deferred preneed funeral and cemetery receipts held in trust	3,553	1,625
Net cash provided by operating activities	13,546	10,994
Cash flows from investing activities:
Acquisitions	(28,000)	0
Net proceeds from the sale of other assets	78	100
Capital expenditures	(2,738)	(3,543)
Net cash used in investing activities	(30,660)	(3,443)
Cash flows from financing activities:
Borrowings from the credit facility	63,200	10,100
Payments against the credit facility	(33,000)	(16,200)
Payments on acquisition debt and obligations under finance leases	(487)	(471)
Payments on contingent consideration recorded at acquisition date	(169)	(162)
Proceeds from the exercise of stock options and employee stock purchase plan contributions	361	746
Taxes paid on restricted stock vestings and exercise of non-qualified options	(234)	(174)
Dividends paid on common stock	(1,339)	(1,360)
Net cash provided by (used in) financing activities	28,318	(7,521)
Net increase in cash and cash equivalents	11,204	30
Cash and cash equivalents at beginning of period	716	644
Cash and cash equivalents at end of period	11,920	674
Senior Notes [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of deferred financing costs	67	34
Cash flows from financing activities:
Payments of Debt Issuance Costs	$ (14)	$ 0

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common stock	Additional Paid-in Capital	Accumulated Deficit	Treasury Stock
Beginning balance, shares outstanding at Dec. 31, 2018		18,078
Beginning Balance at Dec. 31, 2018	$ 221,492	$ 257	$ 243,849	$ 71,680	$ (94,294)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	6,525			6,525
Isuuance of common stock, shares		23
Issuance of common stock	275	$ 0	275
Exercise of stock options, shares		71
Exercise of stock options	472	$ 1	471
Issuance of restricted common stock, shares		25
Issuance of restricted common stock	0	$ 0	0
Cancellation and retirement of restricted common stock, shares		(9)
Cancellation and retirement of restricted common stock and stock options	(174)	$ 0	(174)
Stock-based compensation expense	585		585
Dividends on common stock	(1,360)		(1,360)
Other, shares		15
Other	294		294
Ending balance, shares outstanding at Mar. 31, 2019		18,203
Ending Balance at Mar. 31, 2019	228,109	$ 258	243,940	78,205	(94,294)
Beginning balance, shares outstanding at Dec. 31, 2019		17,855
Beginning Balance at Dec. 31, 2019	226,569	$ 259	242,147	86,213	(102,050)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	(4,197)			(4,197)
Isuuance of common stock, shares		36
Issuance of common stock	361	$ 0	361
Issuance of restricted common stock, shares		10
Issuance of restricted common stock	0	$ 0	0
Cancellation and retirement of restricted common stock, shares		(10)
Cancellation and retirement of restricted common stock and stock options	(234)	$ 0	(234)
Stock-based compensation expense	831		831
Dividends on common stock	(1,339)		(1,339)
Other, shares		18
Other	468		468
Ending balance, shares outstanding at Mar. 31, 2020		17,909
Ending Balance at Mar. 31, 2020	$ 222,459	$ 259	$ 242,234	$ 82,016	$ (102,050)

Basis of Presentation and Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Company

Carriage Services, Inc. (“Carriage,” the “Company,” “we,” “us,” or “our”) is a leading provider of funeral and cemetery services and merchandise in the United States. As of March 31, 2020, we operated 186 funeral homes in 29 states and 32 cemeteries in 11 states. Our operations are reported in two business segments: Funeral Home Operations, which currently account for approximately 80% of our revenue and Cemetery Operations, which currently account for approximately 20% of our revenue.

Our funeral home operations are principally service businesses that generate revenue from sales of burial and cremation services and related merchandise, such as caskets and urns. Funeral services include consultation, the removal and preparation of remains, the use of funeral home facilities for visitation and remembrance services and transportation services. We provide funeral services and products on both an “atneed” (time of death) and “preneed” (planned prior to death) basis.

Our cemetery operations generate revenue primarily through sales of cemetery interment rights (primarily grave sites, lawn crypts, mausoleum spaces and niches), related cemetery merchandise (such as outer burial containers, memorial markers and floral placements) and services (interments, inurnments and installation of cemetery merchandise). We provide cemetery services and products on both an atneed and preneed basis.

Principles of Consolidation and Interim Condensed Disclosures

Our unaudited consolidated financial statements include the Company and its subsidiaries. All intercompany balances and transactions have been eliminated. Our interim consolidated financial statements are unaudited but include all adjustments, which consist of normal, recurring accruals, that are necessary for a fair presentation of our financial position and results of operations as of and for the interim periods presented. Our unaudited consolidated financial statements have been prepared in a manner consistent with the accounting principles described in our Annual Report on Form 10-K for the year ended December 31, 2019 unless otherwise disclosed herein, and should be read in conjunction therewith.

On March 11, 2020, the World Health Organization declared the 2019 novel coronavirus disease (“COVID-19”), to be a pandemic, which has spread across the globe and is impacting worldwide economic activity. In light of recent developments relating to COVID-19, the Company has evaluated the impact of COVID-19 on our Consolidated Financial Statements and related disclosures.

Reclassifications

Certain reclassifications have been made to prior period amounts on our statement of cash flows and consolidated financial position to conform to the current period financial statement presentation with no impact on our previously reported results of operations, total assets and total liabilities or operating cash flows.

Cash and Cash Equivalents

We consider all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.

Use of Estimates

The preparation of our Consolidated Financial Statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue and expenses. On an ongoing basis, we evaluate our estimates and judgments, including those related to revenue recognition, realization of accounts receivable, goodwill, intangible assets, property and equipment and deferred tax assets and liabilities. We base our estimates on historical experience, third-party data and assumptions that we believe to be reasonable under the circumstances. The results of these considerations form the basis for making judgments about the amount and timing of revenue and expenses, the carrying value of assets and the recorded amounts of liabilities. Actual results may differ from these estimates and such estimates may change if the underlying conditions or assumptions change. Historical performance should not be viewed as indicative of future performance, as there can be no assurance that our results of operations will be consistent from year to year.

Inventory

Inventory consists primarily of caskets, outer burial containers and cemetery monuments and markers and is recorded at the lower of its cost basis (determined by the specific identification method) or net realizable value.

Revenue Recognition

Funeral and Cemetery Operations Revenue is recognized when control of the merchandise or services is transferred to the customer. Our performance obligations include the delivery of funeral and cemetery merchandise and services and cemetery property interment rights. Control transfers when merchandise is delivered or services are performed. For cemetery property interment rights, control transfers to the customer when the property is developed and the interment right has been sold and can no longer be marketed or sold to another customer. Sales taxes collected are recognized on a net basis in our consolidated financial statements. On our atneed contracts, we generally deliver the merchandise and perform the services at the time of need.

Due to limitations on gatherings imposed to mitigate the spread of COVID-19, some customers have requested that we delay the memorial service until after the limitations have been lifted. Memorial services frequently include performance obligations to direct the service, provide facilities and motor vehicles, catering, flowers, and stationary products. All other performance obligations on these contracts, including arrangement, removal, preparation, embalming, cremation, interment, and delivery of urns and caskets and related memorialization merchandise are fulfilled at the time of need. Personalized marker merchandise and marker installation services sold on atneed contracts are recognized when control is transferred to the customer, generally when the marker is delivered and installed in the cemetery.

Ancillary funeral service revenue, which is recorded in Other revenue, represents revenue from our flower shop, pet cremation business and online cremation business in Texas.

The earnings from our preneed trust investments, as well as trust management fees charged by our wholly-owned registered investment advisory firm (“CSV RIA”) are recorded in Other revenue. As of March 31, 2020, CSV RIA provided investment management and advisory services to approximately 73% of our trust assets, for a fee based on the market value of trust assets. Under state trust laws, we are allowed to charge the trust a fee for advising on the investment of the trust assets and these fees are recognized as income in the period in which services are provided.

Balances due on undelivered preneed funeral trust contracts have been reclassified to reduce Deferred preneed funeral revenue on our Consolidated Balance Sheet of $8.9 million and $8.7 million at December 31, 2019 and March 31, 2020, respectively. 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.

Balances due from customers on delivered preneed cemetery contracts are included in Accounts receivable, net and Preneed cemetery receivables, net on our Consolidated Balance Sheet. Balances due on undelivered preneed cemetery contracts have been reclassified to reduce Deferred preneed cemetery revenue on our Consolidated Balance Sheet. The transaction price allocated to preneed merchandise and service performance obligations that were unfulfilled were $4.8 million and $5.8 million at December 31, 2019 and March 31, 2020, respectively. 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 eight years for preneed cemetery contracts.

See Notes 17 to the Consolidated Financial Statements herein for additional information related to revenue.

Arrangements with Multiple Performance Obligations

Some of our contracts with customers include multiple performance obligations. For these contracts, we allocate the transaction price to each performance obligation based on its relative standalone selling price, which is based on prices charged to customers per our general price list. Packages for service and ancillary items are offered to help the customer make decisions during emotional and stressful times. Package discounts are reflected net in Revenue. We recognize revenue when the merchandise is transferred or the service is performed, in satisfaction of the corresponding performance obligation. Sales taxes collected are recognized on a net basis in our Consolidated Financial Statements.

Preneed Funeral and Cemetery Trust Funds

Our preneed and perpetual care trust funds are reported in accordance with the principles of consolidating Variable Interest Entities (“VIE’s”). In the case of preneed trusts, the customers are the legal beneficiaries. In the case of perpetual care trusts, we do not have a right to access the corpus in the perpetual care trusts. We have recognized financial interests of third parties in the trust funds in our financial statements as Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus. The investments of such trust funds are classified as available-for-sale and are reported at fair market value; therefore, the unrealized gains and losses, as well as accumulated and undistributed income and realized gains and losses are recorded to Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus on our Consolidated Balance Sheet. Our future obligations to deliver merchandise and services are reported at estimated settlement amounts. Preneed funeral and cemetery trust investments are reduced by the trust investment earnings that we have been allowed to withdraw in certain states prior to maturity. These earnings, along with preneed contract collections not required to be placed in trust, are recorded in Deferred preneed funeral revenue and Deferred preneed cemetery revenue until the service is performed or the merchandise is delivered.

In accordance with respective state laws, we are required to deposit a specified amount into perpetual and memorial care trust funds for each interment right and certain memorials sold. Income from the trust funds is distributed to us and used to provide for the care and maintenance of the cemeteries and mausoleums. Such trust fund income is recognized as revenue when realized by the trust and distributable to us. We are restricted from withdrawing any of the principal balances of these funds.

An enterprise is required to perform an analysis to determine whether the enterprise’s variable interest(s) give it a controlling financial interest in a VIE. This analysis identifies the primary beneficiary of a VIE as the enterprise that has both the power to direct the activities of the VIE that most significantly impact the entity’s economic performance and the obligation to absorb losses of the entity that could potentially be significant to the VIE or the right to receive benefits from the entity that could potentially be significant to the VIE. Our analysis continues to support our position as the primary beneficiary in the majority of our funeral and cemetery trust funds.

See Notes 6 and 7 to the Consolidated Financial Statements herein for additional information related to our preneed funeral and cemetery trust funds.

Funeral and Cemetery Receivables

Our funeral receivables are recorded in Accounts Receivable, net and primarily consist of amounts due for funeral services already performed. Our cemetery receivables generally consist of preneed sales of cemetery interment rights and related products and services, which are typically financed through interest-bearing installment sales contracts, generally with terms of up to five years, with such interest income reflected as Other revenue. In substantially all cases, we receive an initial down payment at the time the contract is signed. We do not accrue interest on preneed receivables if they are not paid in accordance with the contractual payment terms given the nature of our merchandise and services, the nature of our contracts with customers and the timing of the delivery of our services. Atneed cemetery receivables and preneed cemetery receivables with payments expected to be received within one year from the balance sheet date are recorded in Accounts receivable, net. Preneed cemetery receivables with payments expected to be received beyond one year from the balance sheet date are recorded in Preneed cemetery receivables, net.

For our funeral receivables, we have a collections policy where statements are sent to the customer at 30 days past due. Past due notification letters are sent at 45 days and continue until payment is received or the contract is placed with a third party collections agency.

For our preneed cemetery receivables, we have a collections policy where past due notification letters are sent to the customer beginning at 15 days past due and periodically thereafter until the contract is cancelled or payment is received.

For both funeral and cemetery receivables, we determine our allowance for credit losses by using a loss-rate methodology, in which we assess our historical write-off of receivables against our total receivables over several years. From this historical loss-rate approach, we also consider the current and forecasted economic conditions expected to be in place over the life of our receivables. These estimates are impacted by a number of factors, including changes in the economy, demographics and competition in our local communities. We monitor our ongoing credit exposure through an active review of our customers’ receivables balance against contract terms and due dates. Our activities include timely performance of our accounts receivable reconciliations, assessment of our aging of receivables, dispute resolution and payment confirmation. We will also monitor any change in our historical write-off of receivables utilized in our loss-rate methodology and assess forecasted changes in market conditions within our credit reserve. In the first quarter of 2020, we increased our allowance for credit losses on our receivables as a result of the economic impact of COVID-19.

In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”), Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments and subsequent amendments collectively known as (“Topic 326”). Prior to adoption of Topic 326, we provided allowances for bad debt and contract cancellations on our receivables based on an analysis of historical trends of collection activity.

See Notes 2 and 5 to the Consolidated Financial Statements herein for additional information related the adoption of Topic 326 on January 1, 2020 and the additional disclosures required.

Business Combinations

Tangible and intangible assets acquired and liabilities assumed are recorded at fair value and goodwill is recognized for any difference between the price of the acquisition and fair value. We recognize the assets acquired, the liabilities assumed and any non-controlling interest in the acquiree at the acquisition date, measured at the fair value as of that date. Acquisition related costs are recognized separately from the acquisition and are expensed as incurred. We customarily estimate related transaction costs known at closing. To the extent that information not available to us at the closing date subsequently becomes available during the allocation period, we may adjust goodwill, intangible assets, assets or liabilities associated with the acquisition.

See Note 3 to the Consolidated Financial Statements herein for further information related to our acquisitions.

Goodwill

The excess of the purchase price over the fair value of identifiable net assets of funeral home businesses and cemeteries acquired is recorded as goodwill. Goodwill has an indefinite life and is not subject to amortization. As such, we test goodwill for impairment on an annual basis as of August 31^steach year. In addition to our annual test, we assess the impairment of goodwill whenever events or changes in circumstances indicate that the carrying value of a reporting unit may be greater than fair value. Factors that could trigger an interim impairment review include, but are not limited to, significant negative industry or economic trends and significant adverse changes in the business climate, which may be indicated by a decline in our market capitalization or decline in operating results.

As a result of economic conditions caused by the response to COVID-19, we performed a quantitative assessment of our goodwill at March 31, 2020. Based on the quantitative assessment conducted at March 31, 2020, we recorded an impairment for goodwill of $13.6 million during the quarter ended March 31, 2020, as the carrying amount of our funeral homes in the Eastern Reporting Unit exceeded the fair value. The discounted cash flow valuation uses projections of future cash flows and includes assumptions concerning future operating performance and economic conditions that may differ from actual future cash flows.

See Note 4 to the Consolidated Financial Statements included herein for additional information related to our goodwill.

Intangible Assets

Our intangible assets include tradenames resulting from acquisitions and are included in Intangible and other non-current assets, net on our Consolidated Balance Sheet. Our tradenames are considered to have an indefinite life and are not subject to amortization. As such, we test our intangible assets for impairment on an annual basis as of August 31^steach year. In addition to our annual test, we assess the impairment of intangible assets whenever certain events or changes in circumstances indicate that the carrying value of the intangible asset may be greater than the fair value. Factors that could trigger an interim impairment review include, but are not limited to, significant under-performance relative to historical or projected future operating results and significant negative industry or economic trends.

As a result of economic conditions caused by the response to COVID-19, we performed a quantitative assessment of our tradenames at March 31, 2020. Based on the quantitative assessment conducted at March 31, 2020, we recorded an impairment for certain of our tradenames of $1.1 million during the quarter ended March 31, 2020 as the carrying amount of these tradenames exceeded the fair value. In determining the fair value of the tradenames, we used the relief from royalty method whereby we determine the fair value of the assets by discounting the cash flows that represent a savings over having to pay a royalty fee for use of the tradenames. The discounted cash flow valuation uses projections of future cash flows and includes assumptions concerning future operating performance and economic conditions that may differ from actual future cash flows and the determination and application of an appropriate royalty rate and discount rate.

See Note 9 to the Consolidated Financial Statements included herein for additional information related to our intangible assets.

Capitalized Commissions on Preneed Contracts

We capitalize sales commissions and other direct selling costs related to preneed cemetery merchandise and services and preneed funeral trust contracts as these costs are incremental and recoverable costs of obtaining a contract with a customer. Our capitalized commissions on preneed contracts are amortized on a straight-line basis over the average maturity period for our preneed cemetery merchandise and services contracts and preneed funeral trust contracts, of eight and ten years, respectively.

The selling costs related to the sales of cemetery interment rights, which include real property and other costs related to cemetery development activities, continue to be expensed using the specific identification method in the period in which the sale of the cemetery interment right is recognized as revenue. The selling costs related to preneed funeral insurance contracts continue to be expensed in the period incurred as these contracts are not included on our Consolidated Balance Sheet.

See Note 9 to the Consolidated Financial Statements herein for additional information related to our capitalized commissions on preneed contracts.

Leases

We have operating and finance leases. We lease certain office facilities, certain funeral homes and equipment under operating leases with original terms ranging from one to nineteen years. Many leases include one or more options to renew, some of which include options to extend the leases for up to 26 years. We lease certain funeral homes under finance leases with original terms ranging from ten to forty years. We do not have lease agreements with residual value guarantees, sale-leaseback terms, material restrictive covenants or related parties. We do not have any material sublease arrangements. We determine if an arrangement is a lease at inception based on the facts and circumstances of the agreement. A right-of-use (“ROU”) asset represents our right to use the underlying asset for the lease term and the lease liability represents our obligation to make lease payments arising from the lease.

Operating lease ROU assets are included in Operating lease right-of-use assets and operating lease liabilities are included in Current portion of operating lease obligations and Obligations under operating leases, net of current portion on our Consolidated Balance Sheet. Finance lease ROU assets are included in Property, plant and equipment, net and finance lease liabilities are included in Current portion of finance lease obligations and Obligations under finance leases, net of current portion on our Consolidated Balance Sheet.

In connection with the goodwill and intangible impairment tests performed at March 31, 2020, we also evaluated the operating and finance leases of our funeral homes in the Eastern Reporting Unit and concluded that there was no impairment to our operating and finance lease assets.

See Notes 13 to the Consolidated Financial Statements included herein for additional information related to our leases.

Property, Plant and Equipment

Property, plant and equipment (including equipment under finance leases) are stated at cost. The costs of ordinary maintenance and repairs are charged to operations as incurred, while renewals and major replacements that extend the useful economic life of the asset are capitalized. Depreciation of property, plant and equipment (including equipment under finance leases) is computed based on the straight-line method over the estimated useful lives of the assets.

Property, plant and equipment is comprised of the following at December 31, 2019 and March 31, 2020 (in thousands):



	December 31, 2019			March 31, 2020
Land	$	84,608		$	85,014
Buildings and improvements	242,641			243,582
Furniture, equipment and automobiles	88,046			89,638
Property, plant and equipment, at cost	415,295			418,234
Less: accumulated depreciation	(136,095		)	(139,239		)
Property, plant and equipment, net	$	279,200		$	278,995

During the three months ended March 31, 2020, we acquired $1.7 million of property, plant and equipment related to our acquisition described in Note 3 to the Consolidated Financial Statements included herein. We recorded depreciation expense of $3.5 million and $3.6 million for the three months ended March 31, 2019 and 2020, respectively.

Long-lived assets, such as property, plant and equipment subject to depreciation and amortization, are reviewed for impairment at least annually or whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable in accordance with the Property, Plant and Equipment topic of the Accounting Standards Codification (“ASC”) 360. In connection with the goodwill and intangible impairment tests performed at March 31, 2020, we also evaluated the long-lived assets of our funeral homes in the Eastern Reporting Unit and concluded that there was no impairment to our long-lived assets.

Cemetery Property

When we acquire a cemetery, we utilize an internal and external approach to determine the fair value of the cemetery property. From an external perspective, we obtain an accredited appraisal to provide reasonable assurance for property existence, property availability (unrestricted) for development, property lines, available spaces to sell, identifiable obstacles or easements and general valuation inclusive of known variables in that market. From an internal perspective, we conduct a detailed analysis of the acquired cemetery property using other cemeteries in our portfolio as a benchmark. This provides the added benefit of relevant and accurate data that is not available to third party appraisers. Through this thorough internal process, the Company is able to identify viable costs of property based on historical experience, particular markets and demographics, reasonable margins, practical retail prices and park infrastructure and condition.

Cemetery property was $87.0 million and $101.8 million, net of accumulated amortization of $41.7 million and $42.5 million at December 31, 2019 and March 31, 2020, respectively. When cemetery property is sold, the value of the cemetery property (interment right costs) is expensed as amortization using the specific identification method in the period in which the sale of the interment right is recognized as revenue. We recorded amortization expense for cemetery interment rights of $0.8 million and $0.9 million for the three months ended March 31, 2019 and 2020.

Fair Value Measurements

In August 2018, the FASB amended “Fair Value Measurements” to modify the disclosure requirements related to fair value. The amendment removes requirements to disclose (1) the amount of and reasons for transfers between Levels 1 and 2 of the fair value hierarchy, (2) our policy related to the timing of transfers between levels, and (3) the valuation processes used in Level 3 measurements. It clarifies that the narrative disclosure of the effect of changes in Level 3 inputs should be based on changes that could occur at the reporting date. The amendment adds a requirement to disclose the range and weighted average of the significant unobservable inputs used in Level 3 measurements. We adopted the new standard as of January 1, 2020 and it had no impact on our consolidated results of operations, consolidated financial position, and cash flows.

See Notes 6 and 8 to the Consolidated Financial Statements herein for additional required disclosures related to our fair value measurement of our financial assets and liabilities.

Stock Plans and Stock-Based Compensation

We have stock-based employee and director compensation plans under which we grant stock, restricted stock, stock options and performance awards. We also have an employee stock purchase plan (“ESPP”). We recognize compensation expense in an amount equal to the fair value of the stock-based awards expected to vest or to be purchased over the requisite service period.

Fair value is determined on the date of the grant. The fair value of restricted stock is determined using the stock price on the grant date. The fair value of options or awards containing options is determined using the Black-Scholes valuation model. The fair value of the performance awards related to market performance conditions is determined using a Monte-Carlo simulation pricing model. The fair value of the ESPP is determined based on the discount element offered to employees and the embedded option element, which is determined using an option calculation model.

See Note 15 to the Consolidated Financial Statements included herein for additional information related to our stock-based compensation plans.

Income Taxes

We and our subsidiaries file a consolidated U. S. federal income tax return, separate income tax returns in 15 states in which we operate and combined or unitary income tax returns in 14 states in which we operate. We record deferred taxes for temporary differences between the tax basis and financial reporting basis of assets and liabilities. We classify our deferred tax liabilities and assets as non-current on our Consolidated Balance Sheet.

We record a valuation allowance to reflect the estimated amount of deferred tax assets for which realization is uncertain. Management reviews the valuation allowance at the end of each quarter and makes adjustments if it is determined that it is more likely than not that the tax benefits will be realized.

We analyze tax benefits for uncertain tax positions and how they are to be recognized, measured, and derecognized in the financial statements; provide certain disclosures of uncertain tax matters; and specify how reserves for uncertain tax positions should be classified on our Consolidated Balance Sheet. The Company’s unrecognized tax benefits reserve for uncertain tax positions primarily relates to pending accounting method changes filed for the tax year ended December 31, 2018. During 2020, the Company plans to modify the proposed accounting method filed to exclude the tax position that resulted in the need for an uncertain tax position reserve.

The recently passed Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) has certain provisions that are applicable to the Company as follows:

(i) allowing net operating losses (“NOLs”) arising in 2018, 2019 and 2020 to be carried back five years;

(ii) increasing the taxable income threshold on the interest deduction from 30% to 50% for tax years beginning in 2019 and 2020;

(iii) suspending payment requirements for the 6.2% employer portion of Social Security taxes from the date of enactment through the end of 2020, with half the balance due by the end of 2021, and the other half due by the end of 2022; and

(iv) our ability to receive employee retention credits up to $5,000 for paying wages to employees who are unable to work, while business operations are suspended.

Although the CARES Act allows for a carryback of the net operating losses generated in 2018 and 2019, due to uncertainty in the timing of receiving Internal Revenue Service approval for non-automatic accounting method changes, a reserve has been recorded against the benefit derived from this carrying back that the net operating losses generated; therefore, for the three months ended March 31, 2020, the reserve for uncertain tax positions was $2.9 million. There is no reserve recorded at March 31, 2019.

Income tax expense (benefit) during interim periods is based on our forecasted annual effective tax rate plus any discrete items, which are recorded in the period in which they occur. Discrete items include, but are not limited to, such events as changes in estimates due to finalization of income tax returns, tax audit settlements, tax effects of exercised or vested stock-based awards and increases or decreases in valuation allowances on deferred tax assets.

Our income tax benefit was $2.2 million for the three months ended March 31, 2020 compared to an income tax expense of $2.7 million, which includes a $0.1 million of discrete tax expense for the three months ended March 31, 2019. Our operating tax rate before discrete items was 28.0% and 33.6% for the three months ended March 31, 2019 and 2020, respectively. We recorded $0.7 million of additional tax expense in the three months ended March 31, 2020 related to the impairment of goodwill and other intangibles for businesses that were previously acquired as a stock acquisition, which caused an increase of 3.6% in our operating tax rate.

Computation of Earnings (Loss) Per Common Share

Basic earnings (loss) per share is computed using the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed using the weighted average number of common and dilutive common equivalent shares outstanding during the period. Dilutive common equivalent shares consist of stock options.

Share-based awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are recognized as participating securities and included in the computation of both basic and diluted earnings per share. Our grants of restricted stock awards to our employees and directors are considered participating securities, and we have prepared our earnings per share calculations attributable to common stockholders to exclude outstanding unvested restricted stock awards, using the two-class method, in both the basic and diluted weighted average shares outstanding calculation.

See Note 16 to the Consolidated Financial Statements included herein for the additional information related to computation of earnings per share.

Subsequent Events

We have evaluated events and transactions during the period subsequent to March 31, 2020 through the date the financial statements were issued for potential recognition or disclosure in the accompanying financial statements covered by this report. See Note 19 to the Consolidated Financial Statements included herein for additional information related to our subsequent events.

Acquisitions

3 Months Ended

Mar. 31, 2020

Business Combinations [Abstract]

Acquisitions

ACQUISITIONS

On January 3, 2020, we acquired one funeral home and cemetery combination business in Lafayette, California for $33.0 million in cash, of which $5.0 million was deposited in escrow in 2019 and $28.0 million was paid in 2020. We acquired substantially all of the assets and assumed certain operating liabilities of these businesses.

The pro forma impact of this acquisition on prior periods is not presented, as the impact is not significant to our reported results. The results of the acquired business is reflected in our Consolidated Statements of Operations from the date of acquisition.

The following table summarizes the breakdown of the purchase price allocation for the businesses described above (in thousands):



	Purchase Price Allocation
Current assets	$	2,662
Preneed trust assets	9,089
Property, plant & equipment	1,720
Cemetery property	14,753
Goodwill	12,916
Intangible and other non-current assets	2,506
Assumed liabilities	(489		)
Deferred tax liability	(527		)
Preneed trust liabilities	(9,089		)
Deferred revenue	(541		)
Purchase price	$	33,000

The current assets primarily relate to preneed cemetery receivables. The intangible and other non-current assets relate to the fair value of tradenames. The assumed liabilities primarily relate to the obligations associated with delivered preneed merchandise that was not paid for prior to acquisition. As of March 31, 2020, our accounting for this acquisition was not complete.

We recorded adjustments to the purchase price allocation for our 2019 acquisitions during the three months ended March 31, 2020. The following table summarizes the breakdown of the purchase price allocation for these businesses and the subsequent adjustments made based on additional information which became available prior to March 31, 2020 (in thousands):



	Initial Purchase Price Allocation			Adjustments			Adjusted Purchase Price Allocation
Current assets	$	1,482		$	33		$	1,515
Preneed trust assets	15,891			—			15,891
Property, plant & equipment	21,680			—			21,680
Cemetery property	11,994			—			11,994
Goodwill	99,344			(880		)	98,464
Intangible and other non-current assets	8,269			—			8,269
Assumed liabilities	(657		)	(145		)	(802		)
Preneed trust liabilities	(15,463		)	—			(15,463		)
Deferred revenue	(1,633		)	992			(641		)
Purchase price	$	140,907		$	—		$	140,907

As of March 31, 2020, our accounting for our 2019 acquisitions was not complete.

Recently Issued Accounting Standards	3 Months Ended
Recently Issued Accounting Standards	Mar. 31, 2020
Accounting Changes and Error Corrections [Abstract]
RECENTLY ISSUED ACCOUNTING STANDARDS	RECENTLY ISSUED ACCOUNTING STANDARDS Financial Instruments - Credit Losses Topic 326 applies to all entities holding financial assets measured at amortized cost, including loans, trade and financed receivables and other financial instruments. The guidance introduces a new credit reserving model known as Current Expected Credit Loss (“CECL”), which requires earlier recognition of credit losses, while also providing additional transparency about credit risk. The CECL model requires all expected credit losses to be measured based on historical experience, current conditions and reasonable and supportable forecasts about collectability. In addition, Topic 326 made changes to the accounting for available-for-sale debt securities. One such change is to require credit losses to be presented as an allowance rather than as a write-down on available-for-sale debt securities management does not intend to sell or believes that it is more likely than not will be required to sell. On January 1, 2020, we adopted Topic 326 using the modified retrospective method and the impact was not material to our Consolidated Financial Statements. See Notes 5 and 6 to the Consolidated Financial Statements herein for additional disclosures required by Topic 326. Income Taxes In December 2019, the FASB issued ASU, Income Taxes (“Topic 740”), to simplify the accounting for income taxes. The amendments in this update are effective for fiscal years beginning after December 15, 2020, with early adoption permitted. On January 1, 2020, we early adopted the provisions of this ASU using the prospective method and the impact was not material to our Consolidated Financial Statements. Accounting Pronouncements Not Yet Adopted Reference Rate Reform In March 2020, the FASB issued ASU, Reference Rate Reform (“Topic 848”) to provide optional guidance for a limited time to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying U.S. Generally Accepted Accounting Principles (“GAAP”) to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts and hedging relationships that reference London InterBank Offered Rate (“LIBOR”) or another reference rate expected to be discontinued due to reference rate reform. These amendments are effective immediately and may be applied prospectively to contract modifications made and hedging relationships entered into or evaluated on or before December 31, 2022. We are currently evaluating our contracts and the optional expedients provided by the new standard.

Goodwill (Notes)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

GOODWILL

The following table presents changes in goodwill in the accompanying Consolidated Balance Sheet for the year ended December 31, 2019 and the three months ended March 31, 2020 (in thousands):



	December 31, 2019			March 31, 2020
Goodwill at the beginning of the period	$	303,887		$	398,292
Net increase in goodwill related to acquisitions	99,344			12,036
Decrease in goodwill related to divestitures	(4,939		)	—
Decrease in goodwill related to impairments	—			(13,632		)
Goodwill at the end of the period	$	398,292		$	396,696

See Notes 1 and 3 to the Consolidated Financial Statements included herein, for a discussion of the methodology used for our goodwill impairment test and discussion of our acquisitions, respectively.

Trust Investments

3 Months Ended

Mar. 31, 2020

Preneed Trust Investments [Abstract]

Trust Investments

TRUST INVESTMENTS

Preneed trust investments represent trust fund assets that we are generally permitted to withdraw as the services and merchandise are provided to customers. Preneed funeral and cemetery contracts are secured by payments from customers, less amounts not required by law to be deposited into trust. Preneed trust investments are reduced by the trust earnings we have been allowed to withdraw in certain states prior to our performance. These earnings are recognized as earned, in Other revenue, when a service is performed or merchandise is delivered. Trust management fees charged by CSV RIA are included as revenue in the period in which they are earned.

Cemetery perpetual care trust investments represent a portion of the proceeds from the sale of cemetery property interment rights which we are required by various state laws to deposit into perpetual care trust funds. The income earned from these perpetual care trusts offsets maintenance expenses for cemetery property and memorials. This trust fund income is recognized, as earned, in Other revenue.

Where quoted prices are available in an active market, investments held by the trusts are classified as Level 1 investments pursuant to the three-level valuation hierarchy. Our Level 1 investments include cash, U.S. treasury debt, common stock and equity mutual funds. Where quoted market prices are not available for the specific security, then fair values are estimated by using quoted prices of similar securities in active markets or inputs other than quoted prices that can corroborate observable market data. These investments are fixed income securities, including foreign debt, corporate debt, preferred stocks, mortgage-backed securities and fixed income mutual funds and other investments, all of which are classified within Level 2 of the valuation hierarchy. We review and update our fair value hierarchy classifications quarterly. See Note 8 to the Consolidated Financial Statements included herein for further information of the fair value measurement.

As of March 31, 2020, we have net unrealized losses of $45.1 million in our trusts. At March 31, 2020, these net unrealized losses represented 18% of our original cost basis of $245.2 million. The decline in fair value is largely due to changes in interest rates and other market conditions. Our trusts have been and continue to be impacted by adverse conditions in the U.S. and global financial markets primarily as a result of COVID-19. Our investments are diversified across multiple industry segments using a balanced allocation strategy to minimize long-term risk. In addition, we do not intend to sell and it is likely that we will not be required to sell the securities prior to their anticipated recovery.

Changes in unrealized gains and/or losses related to these securities are reflected in Other comprehensive income (loss) and offset by the Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus interests in those unrealized gains and/or losses. There is no impact on earnings until such time that the loss is realized in the trusts, allocated to the preneed contracts and the services are performed or the merchandise is delivered, causing the contract to be withdrawn from the trust in accordance with state regulations.

For available-for-sale debt securities in an unrealized loss position, we first assess whether we intend to sell or it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security's amortized cost basis is written down to fair value through income. For available-for-sale debt securities that do not meet the aforementioned criteria, we evaluate whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, we consider the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If our assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income.

We rely on our trust investments to provide funding for the various contractual obligations that arise upon maturity of the underlying preneed contracts. Because of the long-term relationship between the establishment of trust investments and the required performance of the underlying contractual obligations, the impact of current market conditions that may exist at any given time is not necessarily indicative of our ability to generate profit on our future performance obligations.

Preneed Cemetery Trust Investments

The components of Preneed cemetery trust investments on our Consolidated Balance Sheet at December 31, 2019 and March 31, 2020 are as follows (in thousands):



	December 31, 2019			March 31, 2020
Preneed cemetery trust investments, at market value	$	74,572		$	63,130
Less: allowance for contract cancellation	(2,190		)	(2,354		)
Preneed cemetery trust investments, net	$	72,382		$	60,776

The cost and market values associated with preneed cemetery trust investments at March 31, 2020 are detailed below (in thousands):



	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses			Fair Market Value
Cash and money market accounts	1	$	3,516	$	—	$	—		$	3,516
Fixed income securities:
Foreign debt	2	8,294		180		(1,687		)	6,787
Corporate debt	2	15,474		301		(2,979		)	12,796
Preferred stock	2	13,691		35		(2,289		)	11,437
Mortgage-backed securities	2	451		—		(251		)	200
Common stock	1	34,456		1,646		(11,022		)	25,080
Mutual funds:
Fixed Income	2	2,583		161		(400		)	2,344
Trust securities		$	78,465	$	2,323	$	(18,628	)	$	62,160
Accrued investment income		$	970						$	970
Preneed cemetery trust investments									$	63,130
Market value as a percentage of cost									79.2		%

The estimated maturities of the fixed income securities included above are as follows (in thousands):



Due in one year or less	$	—
Due in one to five years	4,178
Due in five to ten years	8,025
Thereafter	19,017
Total fixed income securities	$	31,220

The cost and market values associated with preneed cemetery trust investments at December 31, 2019 are detailed below (in thousands):



	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses			Fair Market Value
Cash and money market accounts	1	$	5,729	$	—	$	—		$	5,729
Fixed income securities:
Foreign debt	2	5,609		312		(243		)	5,678
Corporate debt	2	16,916		1,044		(649		)	17,311
Preferred stock	2	14,206		904		(164		)	14,946
Mortgage-backed securities	2	517		—		(114		)	403
Common stock	1	28,569		2,766		(3,017		)	28,318
Mutual funds:
Fixed income	2	1,463		72		(85		)	1,450
Trust Securities		$	73,009	$	5,098	$	(4,272	)	$	73,835
Accrued investment income		$	737						737
Preneed cemetery trust investments									$	74,572
Market value as a percentage of cost									101.1		%

The following table summarized our fixed income securities within our preneed cemetery trust investment in an unrealized loss position at March 31, 2020, aggregated by major security type and length of time in a continuous unrealized loss position (in thousands):



	March 31, 2020
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	4,655	$	(1,153	)	$	168	$	(534	)	$	4,823	$	(1,687	)
Corporate debt	5,810		(1,412		)	3,253		(1,567		)	9,063		(2,979		)
Preferred stock	10,813		(2,289		)	—		—			10,813		(2,289		)
Mortgage-backed securities	80		(115		)	120		(136		)	200		(251		)
Total fixed income securities with an unrealized loss	$	21,358	$	(4,969	)	$	3,541	$	(2,237	)	$	24,899	$	(7,206	)



	December 31, 2019
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	268	$	(42	)	$	758	$	(201	)	$	1,026	$	(243	)
Corporate debt	1,368		(168		)	4,520		(481		)	5,888		(649		)
Preferred stock	4,135		(164		)	—		—			4,135		(164		)
Mortgage-backed securities	—		—			402		(114		)	402		(114		)
Total fixed income securities with an unrealized loss	$	5,771	$	(374	)	$	5,680	$	(796	)	$	11,451	$	(1,170	)

Preneed cemetery trust investment security transactions recorded in Other, net on our Consolidated Statements of Operations for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



	Three Months Ended March 31,
	2019			2020
Investment income	$	571		$	319
Realized gains	1,458			1,916
Realized losses	(635		)	(1,372		)
Expenses and taxes	(278		)	(187		)
Net change in deferred preneed cemetery receipts held in trust	(1,116		)	(676		)
	$	—		$	—

Purchases and sales of investments in the preneed cemetery trusts for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



	Three Months Ended March 31,
	2019			2020
Purchases	$	(11,626	)	$	(18,857	)
Sales	2,992			13,231

Preneed Funeral Trust Investments

The components of Preneed funeral trust investments on our Consolidated Balance Sheet at December 31, 2019 and March 31, 2020 are as follows (in thousands):



	December 31, 2019			March 31, 2020
Preneed funeral trust investments, at market value	$	99,246		$	84,337
Less: allowance for expected credit losses and cancellations	(2,911		)	(2,960		)
Preneed funeral trust investments	$	96,335		$	81,377

The cost and market values associated with preneed funeral trust investments at March 31, 2020 are detailed below (in thousands):



	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses			Fair Market Value
Cash and money market accounts	1	$	22,033	$	—	$	—		$	22,033
Fixed income securities:
U.S treasury debt	1	820		17		—			837
Foreign debt	2	8,185		180		(1,631		)	6,734
Corporate debt	2	14,374		290		(2,826		)	11,838
Preferred stock	2	13,127		21		(2,198		)	10,950
Mortgage-backed securities	2	503		—		(252		)	251
Common stock	1	32,946		1,648		(10,383		)	24,211
Mutual funds:
Fixed income	2	2,519		162		(302		)	2,379
Other investments	2	4,163		—		—			4,163
Trust securities		$	98,670	$	2,318	$	(17,592	)	$	83,396
Accrued investment income		$	941						$	941
Preneed funeral trust investments									$	84,337
Market value as a percentage of cost									84.5		%

The estimated maturities of the fixed income securities included above are as follows (in thousands):



Due in one year or less	$	—
Due in one to five years	5,044
Due in five to ten years	7,093
Thereafter	18,473
Total fixed income securities	$	30,610

The cost and market values associated with preneed funeral trust investments at December 31, 2019 are detailed below (in thousands):



	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses			Fair Market Value
Cash and money market accounts	1	$	24,160	$	—	$	—		$	24,160
Fixed income securities:
U.S. treasury debt	1	822		—		—			822
Foreign debt	2	5,587		309		(232		)	5,664
Corporate debt	2	16,109		992		(646		)	16,455
Preferred stock	2	14,094		874		(198		)	14,770
Mortgage-backed securities	2	585		—		(117		)	468
Common stock	1	27,652		2,773		(2,869		)	27,556
Mutual funds:
Equity	1	772		617		(4		)	1,385
Fixed income	2	4,364		107		(107		)	4,364
Other investments	2	2,902		—		—			2,902
Trust securities		$	97,047	$	5,672	$	(4,173	)	$	98,546
Accrued investment income		$	700						$	700
Preneed funeral trust investments									$	99,246
Market value as a percentage of cost									101.5		%

The following table summarized our fixed income securities within our preneed funeral trust investment in an unrealized loss position at March 31, 2020, aggregated by major security type and length of time in a continuous unrealized loss position (in thousands):



	March 31, 2020
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	4,605	$	(1,152	)	$	152	$	(479	)	$	4,757	$	(1,631	)
Corporate debt	5,248		(1,357		)	3,127		(1,469		)	8,375		(2,826		)
Preferred stock	10,594		(2,198		)	—		—			10,594		(2,198		)
Mortgage-backed securities	84		(115		)	135		(137		)	219		(252		)
Total fixed income securities with an unrealized loss	20,531		(4,822		)	3,414		(2,085		)	23,945		(6,907		)



	December 31, 2019
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	274	$	(43	)	$	723	$	(189	)	$	997	$	(232	)
Corporate debt	1,403		(172		)	4,433		(474		)	5,836		(646		)
Preferred stock	4,412		(198		)	—		—			4,412		(198		)
Mortgage-backed securities	—		—			439		(117		)	439		(117		)
Total fixed income securities with an unrealized loss	6,089		(413		)	5,595		(780		)	11,684		(1,193		)

Preneed funeral trust investment security transactions recorded in Other, net on the Consolidated Statements of Operations for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



	Three Months Ended March 31,
	2019			2020
Investment income	$	573		$	258
Realized gains	1,320			2,551
Realized losses	(583		)	(1,129		)
Expenses and taxes	(228		)	(97		)
Net change in deferred preneed funeral receipts held in trust	(1,082		)	(1,583		)
	$	—		$	—

Purchases and sales of investments in the preneed funeral trusts for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



	Three Months Ended March 31,
	2019			2020
Purchases	$	(10,759	)	$	(18,538	)
Sales	2,785			15,968

Cemetery Perpetual Care Trust Investments

Care trusts’ corpus on our Consolidated Balance Sheet represent the corpus of those trusts plus undistributed income. The components of Care trusts’ corpus as of December 31, 2019 and March 31, 2020 are as follows (in thousands):



	December 31, 2019			March 31, 2020
Cemetery perpetual care trust investments, at market value	$	64,047		$	52,677
Obligations due to (from) trust	(631		)	97
Care trusts’ corpus	$	63,416		$	52,774

The following table reflects the cost and fair market values associated with the trust investments held in perpetual care trust funds at March 31, 2020 (in thousands):



	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses			Fair Market Value
Cash and money market accounts	1	$	4,128	$	—	$	—		$	4,128
Fixed income securities:
Foreign debt	2	7,041		139		(1,448		)	5,732
Corporate debt	2	12,357		277		(2,345		)	10,289
Preferred stock	2	11,988		45		(2,138		)	9,895
Mortgage-backed securities	2	347		—		(193		)	154
Common stock	1	26,621		1,261		(8,736		)	19,146
Mutual funds:
Fixed Income	2	2,924		124		(511		)	2,537
Trust securities		$	65,406	$	1,846	$	(15,371	)	$	51,881
Accrued investment income		$	796						$	796
Cemetery perpetual care investments									$	52,677
Market value as a percentage of cost									79.3		%

The estimated maturities of the fixed income securities included above are as follows (in thousands):



Due in one year or less	$	—
Due in one to five years	3,296
Due in five to ten years	6,241
Thereafter	16,533
Total fixed income securities	$	26,070

The following table reflects the cost and fair market values associated with the trust investments held in perpetual care trust funds at December 31, 2019 (in thousands):



	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses			Fair Market Value
Cash and money market accounts	1	$	4,624	$	—	$	—		$	4,624
Fixed income securities:
Foreign debt	2	4,200		238		(175		)	4,263
Corporate debt	2	11,658		802		(534		)	11,926
Preferred stock	2	10,782		666		(106		)	11,342
Mortgage-backed securities	2	324		—		(71		)	253
Common stock	1	21,594		3,399		(1,911		)	23,082
Mutual funds:
Equity	1	233		146		(1		)	378
Fixed income	2	7,156		618		(107		)	7,667
Trust securities		$	60,571	$	5,869	$	(2,905	)	$	63,535
Accrued investment income		$	512						$	512
Cemetery perpetual care investments									$	64,047
Market value as a percentage of cost									104.9		%

The following table summarized our fixed income securities within our perpetual care trust investment in an unrealized loss position at March 31, 2020, aggregated by major security type and length of time in a continuous unrealized loss position (in thousands):



	March 31, 2020
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	4,069	$	(976	)	$	151	$	(472	)	$	4,220	$	(1,448	)
Corporate debt	4,077		(1,042		)	2,803		(1,303		)	6,880		(2,345		)
Preferred stock	9,173		(2,138		)	—		—			9,173		(2,138		)
Mortgage-backed securities	61		(88		)	93		(105		)	154		(193		)
Total fixed income securities with an unrealized loss	$	17,380	$	(4,244	)	$	3,047	$	(1,880	)	$	20,427	$	(6,124	)



	December 31, 2019
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	168	$	(26	)	$	549	$	(149	)	$	717	$	(175	)
Corporate debt	1,057		(196		)	3,253		(338		)	4,310		(534		)
Preferred stock	2,989		(106		)	—		—			2,989		(106		)
Mortgage-backed securities	—		—			252		(71		)	252		(71		)
Total fixed income securities with an unrealized loss	$	4,214	$	(328	)	$	4,054	$	(558	)	$	8,268	$	(886	)

Perpetual care trust investment security transactions recorded in Other, net on our Consolidated Statements of Operations for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



	Three Months Ended March 31,
	2019			2020
Realized gains	$	354		$	709
Realized losses	(171		)	(679		)
Net change in Care trusts’ corpus	(183		)	(30		)
Total	$	—		$	—

Perpetual care trust investment security transactions recorded in Other revenue for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



	Three Months Ended March 31,
	2019			2020
Investment income	$	1,087		$	1,405
Realized losses, net	(290		)	(36		)
Total	$	797		$	1,369

Purchases and sales of investments in the perpetual care trusts for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



	Three Months Ended March 31,
	2019			2020
Purchases	$	(9,157	)	$	(14,612	)
Sales	1,702			12,694

Receivables

3 Months Ended

Mar. 31, 2020

Preneed Cemetery Receivables [Abstract]

Receivables

RECEIVABLES

Accounts Receivable

Accounts receivable is comprised of the following at December 31, 2019 and March 31, 2020 (in thousands):



	March 31, 2020
	Funeral			Cemetery			Corporate		Total
Trade and financed receivables	$	9,537		$	11,057		$	—	$	20,594
Other receivables	311			870			298		1,479
Allowance for credit losses	(258		)	(970		)	—		(1,228		)
Accounts receivable, net	$	9,590		$	10,957		$	298	$	20,845



	December 31, 2019
	Funeral			Cemetery			Corporate		Total
Trade and financed receivables	$	10,046		$	10,508		$	—	$	20,554
Other receivables	935			157			681		1,773
Allowance for bad debt and contract cancellation	(223		)	(626		)	—		(849		)
Accounts receivable, net	$	10,758		$	10,039		$	681	$	21,478

Other receivables include supplier rebates, commissions due from third party insurance companies and perpetual care income receivables. We do not provide an allowance for credit losses for these receivables as we have historically not had any collectability issues nor do we expect any in the foreseeable future.

The following table summarizes the activity in our allowance for credit losses by portfolio segment for three months ended March 31, 2020 (in thousands):



	January 1, 2020			Provision for Credit Losses			Allowance Recorded at Acquisition			Write Offs		Recoveries			March 31, 2020
Trade and financed receivables:
Funeral	$	(223	)	$	(325	)	$	—		$	465	$	(175	)	$	(258	)
Cemetery	(626		)	(137		)	(287		)	80		—			(970		)
Total allowance for credit losses on Trade and financed receivables	$	(849	)	$	(462	)	$	(287	)	$	545	$	(175	)	$	(1,228	)

As noted in Note 3, we acquired preneed cemetery receivables in connection with the business acquired during the three months ended March 31, 2020. We recorded an allowance for credit losses of $0.6 million on these acquired receivables ($0.3 million current portion shown above in Accounts Receivable, net and $0.3 million non-current portion shown below in Preneed Cemetery Receivables, net). We accounted for the allowance for credit losses on these purchased financed assets using specific identification as these assets have a unique set of risk characteristics.

Bad debt expense for accounts receivable totaled $0.2 million for the three months ended March 31, 2019.

Preneed Cemetery Receivables

Our preneed cemetery receivables are comprised of the following at December 31, 2019 and March 31, 2020 (in thousands):



	December 31, 2019		March 31, 2020
Cemetery interment rights	$	31,366	$	33,067
Cemetery merchandise and services	9,950		10,337
Preneed cemetery receivables	$	41,316	$	43,404

The components of our preneed cemetery receivables at December 31, 2019 and March 31, 2020 are as follows (in thousands):



	December 31, 2019			March 31, 2020
Preneed cemetery receivables	$	41,316		$	43,404
Less: unearned finance charges	(4,522		)	(4,404		)
Preneed cemetery receivables, at amortized cost	$	36,794		$	39,000
Less: allowance for contract cancellation and credit losses	(1,916		)	(2,674		)
Less: balances due on undelivered cemetery preneed contracts	(4,823		)	(5,837		)
Less: amounts in accounts receivable	(9,882		)	(10,087		)
Preneed cemetery receivables, net	$	20,173		$	20,402

The following table summarizes the activity in our allowance for credit losses for Preneed cemetery receivables, net for three months ended March 31, 2020 (in thousands):



	January 1, 2020			Provision for Credit Losses			Allowance Recorded at Acquisition			Write Offs		March 31, 2020
Total allowance for credit losses on Preneed cemetery receivables, net	$	(1,290	)	$	(228	)	$	(318	)	$	132	$	(1,704	)

Bad debt expense for our preneed cemetery receivables totaled $0.2 million for the three months ended March 31, 2019.

The amortized cost basis of our preneed cemetery receivables by year of origination as of March 31, 2020 is as follows (in thousands):



	2020		2019		2018		2017		2016		Prior		Total
Total preneed cemetery receivables, at amortized cost	$	4,450	$	15,420	$	8,300	$	5,050	$	2,900	$	2,880	$	39,000

The aging of past due preneed cemetery receivables as of March 31, 2020 is as follows (in thousands):



	31-60 Past Due		61-90 Past Due		91-120 Past Due		>120 Past Due		Total Past Due		Current		Total
Recognized revenue	$	807	$	458	$	242	$	2,168	$	3,675	$	28,892	$	32,567
Deferred revenue	243		165		92		237		737		10,100		10,837
Total contracts	$	1,050	$	623	$	334	$	2,405	$	4,412	$	38,992	$	43,404

Receivables from Preneed Trusts

3 Months Ended

Mar. 31, 2020

Receivables From Preneed Trusts [Abstract]

RECEIVABLES FROM PRENEED TRUSTS

Our Receivables from preneed trusts represent assets in trusts which are controlled and operated by third parties in which we do not have a controlling financial interest (less than 50%) in the trust assets. We account for these investments at cost. As of December 31, 2019 and March 31, 2020, receivables from preneed trusts are as follows (in thousands):



	December 31, 2019			March 31, 2020
Preneed trust funds, at cost	$	18,581		$	18,650
Less: allowance for contract cancellation	(557		)	(561		)
Receivables from preneed trusts, net	$	18,024		$	18,089

The following summary reflects the composition of the assets held in trust and controlled by third parties to satisfy our future obligations under preneed arrangements related to the preceding contracts at March 31, 2020 and December 31, 2019. The cost basis includes reinvested interest and dividends that have been earned on the trust assets. Fair value includes unrealized gains and losses on trust assets.

The composition of the preneed trust funds at March 31, 2020 is as follows (in thousands):



	Historical Cost Basis		Fair Value
Cash and cash equivalents	$	4,580	$	4,580
Fixed income investments	11,685		11,685
Mutual funds and common stocks	2,380		2,392
Annuities	5		5
Total	$	18,650	$	18,662

The composition of the preneed trust funds at December 31, 2019 is as follows (in thousands):



	Historical Cost Basis		Fair Value
Cash and cash equivalents	$	4,533	$	4,533
Fixed income investments	11,603		11,603
Mutual funds and common stocks	2,440		2,518
Annuities	5		5
Total	$	18,581	$	18,659

Fair Value Measurements	3 Months Ended
Fair Value Measurements	Mar. 31, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS We evaluated our financial assets and liabilities for those financial assets and liabilities that met the criteria of the disclosure requirements and fair value framework. The carrying values of cash and cash equivalents, trade receivables, and trade payables approximate the fair values of those instruments due to the short-term nature of the instruments. The fair values of receivables on preneed funeral and cemetery contracts are impracticable to estimate because of the lack of a trading market and the diverse number of individual contracts with varying terms. Our acquisition debt and Credit Facility (as defined in Note 10) are classified within Level 2 of the Fair Value Measurements hierarchy. The fair values of the acquisition debt and Credit Facility approximate the carrying values of these instruments based on the index yields of similar securities compared to U.S. Treasury yield curves. The fair value of the Convertible Notes (as defined in Note 11) was approximately $6.4 million at March 31, 2020 based on the last traded or broker quoted price. The fair value of the Senior Notes (as defined in Note 12) was approximately $432.3 million at March 31, 2020 based on the last traded or broker quoted price. We identified investments in fixed income securities, common stock and mutual funds presented within the preneed and perpetual care trust investments categories on our Consolidated Balance Sheet as having met the criteria for fair value measurement. As of December 31, 2019 and March 31, 2020, we did not have any assets that had fair values determined by Level 3 inputs and no liabilities measured at fair value. We account for our investments as available-for-sale and measure them at fair value under standards of financial accounting and reporting for investments in equity instruments that have readily determinable fair values and for all investments in debt securities. See Note 6 to our Consolidated Financial Statements herein for the fair value hierarchy levels of our trust investments.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Intangible and Other Non-Current Assets

3 Months Ended

Mar. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Intangible and Other Non-Current Assets

INTANGIBLE AND OTHER NON-CURRENT ASSETS

Intangible and other non-current assets at December 31, 2019 and March 31, 2020 are as follows (in thousands):



	December 31, 2019		March 31, 2020
Prepaid agreements not-to-compete, net of accumulated amortization of $7,195 and $7,382, respectively	$	3,915	$	3,792
Tradenames	25,233		26,649
Capitalized commissions on preneed contracts, net of accumulated amortization of $1,127 and $1,268, respectively	2,818		2,903
Other	150		113
Intangible and other non-current assets, net	$	32,116	$	33,457

Prepaid agreements not-to-compete are amortized over the term of the respective agreements, ranging generally from one to ten years. Amortization expense was $168,000 and $187,000 for the three months ended March 31, 2019 and 2020, respectively.

Amortization expense related to capitalized commissions totaled $138,000 and $141,000 for the three months ended March 31, 2019 and 2020, respectively.

See Notes 1 and 3 to the Consolidated Financial Statements included herein, for a discussion of the methodology used for our indefinite-lived intangible asset impairment test and discussion of our acquisitions, respectively.

CREDIT FACILITY AND ACQUISITION DEBT

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

CREDIT FACILITY AND ACQUISITION DEBT

DEBT

At December 31, 2019 and March 31, 2020, our Credit Facility was comprised of: (i) a $190.0 million revolving credit facility, which includes a $15.0 million subfacility for letters of credit and a $10.0 million swingline, and (ii) an accordion or incremental option allowing for future increases in the facility size by an additional amount of up to $75.0 million in the form of increased revolving commitments or incremental term loans. The final maturity of the Credit Facility will occur on May 31, 2023.

The Credit Facility contains customary affirmative covenants, including, but not limited to, covenants with respect to the use of proceeds, payment of taxes and other obligations, continuation of the Company’s business and the maintenance of existing rights and privileges, the maintenance of property and insurance, amongst others.

In addition, the Credit Facility also contains customary negative covenants, including, but not limited to, covenants that restrict (subject to certain exceptions) the ability of the Company and its subsidiaries and party thereto as guarantors (the “Credit Facility Guarantors”) to incur additional indebtedness, grant liens on assets, make investments, engage in mergers and acquisitions, and pay dividends and other restricted payments, and certain financial covenants. As of March 31, 2020, we were subject to the following financial covenant under our Credit Facility: (A) a Total Leverage Ratio not to exceed, (i) 5.75 to 1.00 for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020 and (ii) 5.50 to 1.00 for the quarter ended December 31, 2020 and each quarter ended thereafter, (B) a Senior Secured Leverage Ratio (as defined in the Credit Facility) not to exceed 2.00 to 1.00 as of the end of any period of four consecutive fiscal quarters, and (C) a Fixed Charge Coverage Ratio (as defined in the Credit Facility) of not less than 1.20 to 1.00 as of the end of any period of four consecutive fiscal quarters. These financial maintenance covenants are calculated for the Company and its subsidiaries on a consolidated basis. As more fully described below, we were not in compliance with the Total Leverage Ratio covenant for the quarter ended March 31, 2020.

As of March 31, 2020, the Company was not in compliance with the then current Total Leverage Ratio covenant as noted above. On May 18, 2020, we received a waiver under our Credit Facility for the failure to comply with such Total Leverage Ratio and the Credit Facility was also amended whereby the interest rate margin applicable to borrowings was increased at each pricing level. See Note 19 for additional information related to our debt covenant limited waiver and fourth amendment to our Credit Facility.

We are in compliance with the fixed charge coverage ratio and senior secured leverage ratio covenants contained in our Credit Facility as of March 31, 2020.

Our Credit Facility and Acquisition debt consisted of the following at December 31, 2019 and March 31, 2020 (in thousands):



	December 31, 2019				March 31, 2020
Credit Facility	$	83,800			$	114,000
Debt issuance costs, net of accumulated amortization of $337 and $464, respectively	(1,618		)		(1,491		)
Total Credit Facility	$	82,182			$	112,509

Acquisition debt	$	6,964			$	6,547
Less: current portion	(1,306		)	—	(1,085		)
Total acquisition debt, net of current portion	$	5,658			$	5,462

We had one letter of credit issued on November 30, 2019 and outstanding under the Credit Facility for approximately $2.0 million, which bears interest at 2.125% and will expire on November 25, 2020. The letter of credit automatically renews annually and secures our obligations under our various self-insured policies. Outstanding borrowings under our Credit Facility bear interest at either a prime rate or a LIBOR rate, plus an applicable margin based upon our leverage ratio. As of March 31, 2020, the prime rate margin was equivalent to 1.50% and the LIBOR rate margin was 2.50%. The weighted average interest rate on our Credit Facility for the three months ended March 31, 2019 and 2020 was 4.1% and 4.3%, respectively.

Interest expense related to our Credit Facility was $0.4 million and $1.2 million for the three months ended March 31, 2019 and 2020, respectively. Amortization of debt issuance costs related to our Credit Facility was $0.1 million for both the three months ended March 31, 2019 and 2020.

Acquisition debt consists of deferred purchase price and promissory notes payable to sellers. A majority of the deferred purchase price and notes bear no interest and are discounted at imputed interest rates ranging from 7.3% to 10.0%. Original maturities range from five to twenty years. Imputed interest expense related to our acquisition debt was $0.2 million and $0.1 million for the three months ended March 31, 2019 and 2020, respectively.

Convertible Subordinated Notes

3 Months Ended

Mar. 31, 2020

Convertible Subordinated Notes [Abstract]

Convertible Subordinated Notes

CONVERTIBLE SUBORDINATED NOTES

The carrying values of the liability and equity components of our 2.75% convertible subordinated notes due 2021 (the “Convertible Notes”) at December 31, 2019 and March 31, 2020 are reflected on our Consolidated Balance Sheet as follows (in thousands):



	December 31, 2019			March 31, 2020
Current liabilities:
Principal amount	$	6,319		$	6,319
Unamortized discount of liability component	(319		)	(254		)
Convertible Notes issuance costs, net of accumulated amortization of $130 and $136, respectively	(29		)	(23		)
Carrying value of the liability component	$	5,971		$	6,042

Carrying value of the equity component	$	789		$	789

The carrying value of the liability component and the carrying value of the equity component are recorded in Convertible subordinated notes due 2021 and Additional paid-in capital, respectively, on our Consolidated Balance Sheet at December 31, 2019 and March 31, 2020. The balance of our deferred tax liability related to our Convertible Notes was $0.1 million at March 31, 2020.

The fair value of the Convertible Notes, which are Level 2 measurements, was $6.4 million at March 31, 2020. The Convertible Notes are due in March 2021 and bear interest at 2.75% per year, which is payable semi-annually in arrears on March 15 and September 15 of each year.

At March 31, 2020, the adjusted conversion rate of the Convertible Notes is 45.5554 shares of our common stock per $1,000 principal amount of Convertible Notes, equivalent to an adjusted conversion price of $21.95 per share of common stock.

Interest expense on the Convertible Notes included contractual coupon interest expense of $44,000 and $43,000 for the three months ended March 31, 2019 and 2020, respectively. Accretion of the discount on the Convertible Notes was $57,000 and $65,000 for the three months ended March 31, 2019 and 2020, respectively. Amortization of debt issuance costs related to our Convertible Notes was $6,000 for both the three months ended March 31, 2019 and 2020.

The remaining unamortized debt discount and the remaining unamortized debt issuance costs are being amortized using the effective interest method over the remaining term of approximately 11 months of the Convertible Notes. The effective interest rate on the unamortized debt discount for both the three months ended March 31, 2019 and 2020 was 11.4%. The effective interest rate on the debt issuance costs for both three months ended March 31, 2019 and 2020 was 3.2%.

Senior Notes (Notes)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

SENIOR NOTES

The carrying value of our 6.625% Senior Notes due 2026 (the “Senior Notes”) at December 31, 2019 and March 31, 2020 is reflected on our Consolidated Balance Sheet as follows (in thousands):



	December 31, 2019			March 31, 2020
Long-term liabilities:
Principal amount	$	400,000		$	400,000
Debt premium, net of accumulated amortization of $0 and $54, respectively	1,688			1,633
Debt discount, net of accumulated amortization of $765 and $894, respectively	(4,110		)	(3,981		)
Debt issuance costs, net of accumulated amortization of $216 and $283, respectively	(2,131		)	(2,077		)
Carrying value of the Senior Notes	$	395,447		$	395,575

The fair value of the Senior Notes, which are Level 2 measurements, was $432.3 million at March 31, 2020. The Senior Notes are due on June 1, 2026 and bear interest at 6.625% per year which is payable semi-annually in arrears on June 1 and December 1 of each year.

Interest expense on the Senior Notes included contractual coupon interest expense of $5.4 million and $6.6 million for the three months ended March 31, 2019 and 2020, respectively. Amortization of the debt discount on the Senior Notes was $120,000 and $129,000 for the three months ended March 31, 2019 and 2020, respectively and amortization of the debt premium was $54,000 for the three months ended March 31, 2020. Amortization of debt issuance costs on the Senior Notes was $34,000 and $67,000 for the three months ended March 31, 2019 and 2020, respectively.

The debt discount, the debt premium and the debt issuance costs are being amortized using the effective interest method over the remaining term of approximately 74 months of the Senior Notes. The effective interest rate on the unamortized debt discount and the unamortized debt issuance costs for the initial Senior Notes, which were issued in May 2018, for the three months ended March 31, 2020 was 6.87% and 6.69%, respectively. The effective interest rate on the unamortized debt premium and the unamortized debt issuance costs for the additional Senior Notes, which were issued in December 2019, for the three months ended March 31, 2020 was 6.20% and 6.88%, respectively.

LEASES

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

LEASES

Our lease obligations consist of operating and finance leases related to real estate and equipment. The components of lease cost for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



		Three months ended March 31,
	Income Statement Classification	2019		2020
Operating lease cost	Facilities and grounds expense⁽¹⁾	$	924	$	957
Short-term lease cost	Facilities and grounds expense⁽¹⁾	75		57

Finance lease cost:
Depreciation of leased assets	Depreciation and amortization⁽²⁾	$	132	$	109
Interest on lease liabilities	Interest expense	132		126
Total finance lease cost		264		235
Total lease cost		$	1,263	$	1,249




(1)	Facilities and grounds expense is included within Cost of service and General, administrative and other on our Consolidated Statements of Operations.
(2)	Depreciation and amortization expense is included within Field depreciation and Home office depreciation and amortization on our Consolidated Statements of Operations.

Variable lease expense was immaterial for the three months ended March 31, 2019 and 2020.

Supplemental cash flow information related to our leases for the three months ended March 31, 2019 and 2020 is as follows (in thousands):



	Three months ended March 31,
	2019	2020
Cash paid for operating leases included in operating activities	979	696
Cash paid for finance leases included in financing activities	228	200

Right-of-use assets obtained in exchange for new leases for the three months ended March 31, 2019 and 2020 is as follows (in thousands):



	Three months ended March 31,
	2019		2020
Right-of-use assets obtained in exchange for new operating lease liabilities	$	—	$	77
Right-of-use assets obtained in exchange for new finance lease liabilities	—		—

Supplemental balance sheet information related to finance lease right-of-use assets recorded in Property, plant and equipment, net as of December 31, 2019 and March 31, 2020 is as follows (in thousands):



Lease Type	December 31, 2019			March 31, 2020
Finance lease right-of-use assets	$	6,770		$	6,770
Accumulated depreciation	(1,566		)	(1,675		)
Finance lease right-of-use assets, net	$	5,204		$	5,095

The average lease terms and discount rates as of March 31, 2020 are as follows:



	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	10.7	8.1	%
Finance leases	6.7	8.2	%

The aggregate future lease payments for operating and finance leases as of March 31, 2020 are as follows (in thousands):



	Operating			Finance
Lease payments due:
Remainder of 2020	$	2,688		$	628
2021	3,725			836
2022	3,365			860
2023	3,267			860
2024	3,262			791
Thereafter	17,799			6,291
Total lease payments	34,106			10,266
Less: Interest	(11,164		)	(4,192		)
Present value of lease liabilities	$	22,942		$	6,074

As of March 31, 2020, we had no additional significant operating or finance leases that had not yet commenced.

LEASES



		Three months ended March 31,
	Income Statement Classification	2019		2020
Operating lease cost	Facilities and grounds expense⁽¹⁾	$	924	$	957
Short-term lease cost	Facilities and grounds expense⁽¹⁾	75		57

Finance lease cost:
Depreciation of leased assets	Depreciation and amortization⁽²⁾	$	132	$	109
Interest on lease liabilities	Interest expense	132		126
Total finance lease cost		264		235
Total lease cost		$	1,263	$	1,249




(1)	Facilities and grounds expense is included within Cost of service and General, administrative and other on our Consolidated Statements of Operations.
(2)	Depreciation and amortization expense is included within Field depreciation and Home office depreciation and amortization on our Consolidated Statements of Operations.

Variable lease expense was immaterial for the three months ended March 31, 2019 and 2020.

Supplemental cash flow information related to our leases for the three months ended March 31, 2019 and 2020 is as follows (in thousands):



	Three months ended March 31,
	2019	2020
Cash paid for operating leases included in operating activities	979	696
Cash paid for finance leases included in financing activities	228	200

Right-of-use assets obtained in exchange for new leases for the three months ended March 31, 2019 and 2020 is as follows (in thousands):



	Three months ended March 31,
	2019		2020
Right-of-use assets obtained in exchange for new operating lease liabilities	$	—	$	77
Right-of-use assets obtained in exchange for new finance lease liabilities	—		—



Lease Type	December 31, 2019			March 31, 2020
Finance lease right-of-use assets	$	6,770		$	6,770
Accumulated depreciation	(1,566		)	(1,675		)
Finance lease right-of-use assets, net	$	5,204		$	5,095

The average lease terms and discount rates as of March 31, 2020 are as follows:



	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	10.7	8.1	%
Finance leases	6.7	8.2	%

The aggregate future lease payments for operating and finance leases as of March 31, 2020 are as follows (in thousands):



	Operating			Finance
Lease payments due:
Remainder of 2020	$	2,688		$	628
2021	3,725			836
2022	3,365			860
2023	3,267			860
2024	3,262			791
Thereafter	17,799			6,291
Total lease payments	34,106			10,266
Less: Interest	(11,164		)	(4,192		)
Present value of lease liabilities	$	22,942		$	6,074

As of March 31, 2020, we had no additional significant operating or finance leases that had not yet commenced.

COMMITMENTS AND CONTINGENCIES (Notes)	3 Months Ended
COMMITMENTS AND CONTINGENCIES (Notes)	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Litigation We are a party to various litigation matters and proceedings. For each of our outstanding legal matters, we evaluate the merits of the case, our exposure to the matter, possible legal or settlement strategies, and the likelihood of an unfavorable outcome. If we determine that an unfavorable outcome is probable and can be reasonably estimated, we establish the necessary accruals. We hold certain insurance policies that may reduce cash outflows with respect to an adverse outcome of certain of these litigation matters. Faria, et al. v. Carriage Funeral Holdings, Inc., Superior Court of California, Contra Costa County, Case No. MSC18-00606. On March 26, 2018, six Plaintiffs filed a putative class action against Carriage Funeral Holdings, Inc., our subsidiary, their alleged employer, on behalf of themselves and all similarly situated current and former employees. Plaintiffs seek monetary damages and claim that Carriage Funeral Holdings, Inc. failed to pay minimum wages, provide meal and rest breaks, provide accurately itemized wage statements, reimburse employees for required expenses, and provide wages when due. Plaintiffs also claim that Carriage Funeral Holdings, Inc. violated California Business and Professions Code §17200 et seq. On June 5, 2018, Plaintiffs filed a First Amended Complaint to add a claim under the California Private Attorney General Act. On October 23, 2018, the parties mediated this matter and executed a Memorandum of Understanding for class settlement. In February 2019, a Class Action Settlement Agreement was fully executed and was approved by the Court in October 2019. We paid $0.7 million under the settlement agreement in November 2019. We anticipate the case to formally close in 2020.

Stockholders' Equity

3 Months Ended

Mar. 31, 2020

Share-based Payment Arrangement [Abstract]

STOCKHOLDERS' EQUITY

STOCKHOLDERS’ EQUITY

Restricted Stock

During the three months ended March 31, 2020, we issued restricted stock to certain employees totaling 10,200 shares that vest over a three-year period and had an aggregate grant date market value of approximately $0.3 million at a weighted average stock price of $25.00. We recorded stock-based compensation expense, which is included in General, administrative and other expenses, for restricted stock awards of $217,000 and $184,000, for the three months ended March 31, 2019 and 2020, respectively.

As of March 31, 2020, we had $1.1 million of total unrecognized compensation costs related to unvested restricted stock awards, which are expected to be recognized over a weighted average period of approximately 1.7 years.

Stock Options

During the three months ended March 31, 2020, we did not grant any stock options.

We recorded stock-based compensation expense, which is included in General, administrative and other expenses, for stock options of $204,000 and $215,000, for the three months ended March 31, 2019 and 2020, respectively.

Performance Awards

During the three months ended March 31, 2020, we granted 237,500 performance awards to our leadership team and certain key employees, payable in shares. These awards will vest (if at all) during 2024, provided that certain criteria surrounding our common stock price is achieved and the employee has remained continuously employed with the Company through such date. The fair value of these performance awards was $2.8 million and was determined by using the Monte-Carlo simulation pricing model with the following assumptions:



	February 19, 2020
Performance period	February 19, 2020 - December 31, 2024
Simulation period (years)	4.87
Share price at grant date	$25.00
Expected volatility	27.73	%
Risk-free interest rate	1.41	%

We recorded stock-based compensation expense, which is included in General, administrative and other expenses, for performance awards of $19,000 and $121,000 for the three months ended March 31, 2019 and 2020, respectively.

See Note 19 to the Consolidated Financial Statements herein for additional information related to our performance awards.

Employee Stock Purchase Plan

During the three months ended March 31, 2020, employees purchased a total of 26,294 shares at a weighted average price of $13.73 per share. The fair value of the right (option) to purchase shares under the ESPP is estimated at the date of purchase with the four quarterly purchase dates using the following assumptions:



	2020
Dividend yield	0.01	%
Expected volatility	48.63	%
Risk-free interest rate	1.54%,1.57%,1.57%,1.56%
Expected life (years)	0.25, 0.50, 0.75, 1.00

We recorded stock-based compensation expense, which is included in General, administrative and other expenses, for the ESPP totaling $105,000 and $163,000 for the three months ended March 31, 2019 and 2020, respectively.

Good to Great Incentive Program

During the three months ended March 31, 2020, we issued 17,991 shares of our common stock to certain employees, which were valued at approximately $449,000 at a grant date stock price of $25.00.

Non-Employee Director Compensation

We compensate our non-employee directors through cash payments or unrestricted shares of common stock, payable in quarterly installments, as elected by the non-employee director. On February 19, 2020, our Board of Directors (the “Board”) revised the Director Compensation Policy to provide that each independent director is entitled to a quarterly retainer of $35,000, payable at the end of the quarter. Committee Chairs and Lead Director payments remain unchanged.

For the three months ended March 31, 2020, we granted an aggregate of 8,821 shares of our common stock to five of our non-employee directors, which were valued at $0.1 million at a weighted average stock price of $16.15.

We recorded stock-based compensation expense, which is included in General, administrative and other expenses, related to annual retainers and common stock awards of $114,000 and $201,000 for the three months ended March 31, 2019 and 2020, respectively.

See Note 19 to the Consolidated Financial Statements herein for additional information related to our Director Compensation Policy.

Share Repurchase

During the three months ended March 31, 2020, we did not repurchase any shares of our common stock pursuant to our share repurchase program. At March 31, 2020, we had approximately $25.6 million available for repurchases under our share repurchase program.

Cash Dividends

During the three months ended March 31, 2019 and 2020, our Board declared the following dividends payable on the dates below (in thousands, except per share amounts):



2019	Per Share		Dollar Value
March 1^st	$	0.075	$	1,360

2020	Per Share		Dollar Value
March 1^st	$	0.075	$	1,339

Accumulated other comprehensive income

Our components of accumulated other comprehensive income are as follows (in thousands):



	Accumulated Other Comprehensive Income
Balance at December 31, 2019	$	—
Net unrealized losses associated with available-for-sale securities of the trusts	(45,104		)
Reclassification of net unrealized losses activity attributable to the Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus	45,104
Balance at March 31, 2020	$	—

Earnings Per Share

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS (LOSS) PER SHARE

The following table sets forth the computation of the basic and diluted earnings (loss) per share for the three months ended March 31, 2019 and 2020 (in thousands, except per share data):



	Three Months Ended March 31,
	2019			2020
Numerator for basic and diluted earnings per share:
Net income (loss)	$	6,525		$	(4,197	)
Less: Loss (earnings) allocated to unvested restricted stock	(33		)	13
Income (loss) attributable to common stockholders	$	6,492		$	(4,184	)

Denominator:
Denominator for basic earnings per common share - weighted average shares outstanding	18,057			17,805
Effect of dilutive securities:
Stock options	40			—
Denominator for diluted earnings per common share - weighted average shares outstanding	18,097			17,805

Basic earnings (loss) per common share:	$	0.36		$	(0.23	)
Diluted earnings (loss) per common share:	$	0.36		$	(0.23	)

For the three months ended March 31, 2019 and 2020, there were no shares that would have been issued upon conversion of our Convertible Notes as a result of the application under the if-converted method prescribed by the FASB ASC 260, Earnings Per Share for the fully diluted weighted average shares outstanding and the corresponding calculation of fully diluted earnings per share.

For the three months ended March 31, 2019 and 2020, there were 1,307,000 and 1,034,000 stock options, respectively, excluded from the computation of diluted earnings per share because the inclusion of such stock options would result in an antidilutive effect. For the three months ended March 31, 2020, 27,000 shares were excluded from the computation of diluted per share amounts because the loss attributable to common stockholders was a loss, not income.

SEGMENT REPORTING

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

SEGMENT REPORTING

Revenue, disaggregated by major source for each of our reportable segments was as follows (in thousands):



Three Months Ended March 31, 2020
	Funeral		Cemetery		Total
Services	$	37,559	$	3,173	$	40,732
Merchandise	20,700		2,286		22,986
Cemetery property	—		8,285		8,285
Other revenue	3,483		2,004		5,487
Total	$	61,742	$	15,748	$	77,490



Three Months Ended March 31, 2019
	Funeral		Cemetery		Total
Services	$	33,977	$	2,675	$	36,652
Merchandise	19,965		1,778		21,743
Cemetery property	—		6,836		6,836
Other revenue	2,221		1,629		3,850
Total	$	56,163	$	12,918	$	69,081

We conduct funeral and cemetery operations only in the United States. The following table presents Operating income (loss), Income (loss) before income taxes and Total assets by segment (in thousands):



	Funeral		Cemetery		Corporate			Consolidated
Operating income (loss):
Three Months Ended March 31, 2020	$	4,311	$	4,167	$	(6,328	)	$	2,150
Three Months Ended March 31, 2019	18,076		3,524		(6,001		)	15,599

Income (loss) before income taxes:
Three Months Ended March 31, 2020	$	4,119	$	4,105	$	(14,571	)	$	(6,347	)
Three Months Ended March 31, 2019	17,862		3,585		(12,246		)	9,201

Total assets:
March 31, 2020	$	762,815	$	318,960	$	38,782		$	1,120,557
December 31, 2019	790,459		314,413		24,883			1,129,755

Supplementary Data

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplementary Data

SUPPLEMENTARY DATA

Balance Sheet

The following table presents the detail of certain balance sheet accounts as of December 31, 2019 and March 31, 2020 (in thousands):



	December 31, 2019		March 31, 2020
Prepaid and other current assets:
Prepaid expenses	$	1,596	$	1,660
Deposit on pending acquisition	5,000		—
Federal income taxes receivable	2,973		11,814
State income taxes receivable	986		853
Other current assets	112		120
Total prepaid and other current assets	$	10,667	$	14,447

Current portion of debt and lease obligations:
Current portion of acquisition debt	$	1,306	$	1,085
Current portion of finance lease obligations	290		298
Current portion of operating lease obligations	1,554		1,836
Total current portion of debt and lease obligations	$	3,150	$	3,219

Accrued and other liabilities:
Accrued salaries and wages	$	4,323	$	2,803
Accrued incentive compensation	9,199		1,009
Accrued vacation	2,880		2,994
Accrued insurance	2,329		2,532
Accrued interest	2,299		8,979
Accrued ad valorem and franchise taxes	678		1,063
Accrued commissions	560		565
Perpetual care trust payable	401		146
Other accrued liabilities	1,357		837
Unrecognized tax benefit	—		2,860
Total accrued and other liabilities	$	24,026	$	23,788

Other long-term liabilities:
Incentive compensation	$	1,267	$	1,435
Contingent consideration	470		—
Total other long-term liabilities	$	1,737	$	1,435

Subsequent Events	3 Months Ended
Subsequent Events	Mar. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS On April 23, 2020, as part of our broad-based effort to respond to COVID-19, the Compensation Committee of the Board approved, with the agreement of the impacted executive officers, temporary salary reductions to the base salary of our Chief Executive Officer by 15%, the base salary of our President and Chief Operating Officer by 10% and the base salaries of the Company’s other Executive Officers by 7.5%, along with a temporary reduction of the quarterly retainer for our non-employee directors from $35,000 per quarter to $29,750 per quarter (or 15%) effective April 19, 2020. With respect to the Director Compensation Policy, all other provisions of the policy remain unchanged, including the lead director and chairmanship fees. The Company will reevaluate these temporary reductions of compensation on a monthly basis On April 29, 2020, we filed a Current Report on Form 8-K giving notice that the Company intends to avail itself of an extension to file its Quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2020. The Company is relying on the Securities and Exchange Commission’s (the “SEC”) Orders under Section 36 of the Securities and Exchange Act of 1934 (the “Exchange Act”), as amended (Release Nos. 34-88318 and 34-88465), to delay the filing of its Quarterly Report. On May 18 2020, we received a waiver under our Credit Facility for the failure to comply with the Total Leverage Ratio covenant for the fiscal quarter ended March 31, 2020. In connection with the waiver, the Credit Facility was also amended to increase the interest rate margin applicable to borrowings by up to 0.625% at each pricing level based on the Total Leverage Ratio. Immediately following the effectiveness of the limited waiver and fourth amendment, $74.0 million remained available for borrowing under the Credit Facility. On May 19, 2020, the Board approved an increase of $0.05 to our annual dividend beginning with the next dividend declaration in the third quarter. On May 19, 2020 Compensation Committee of the Board approved a new Performance Award Agreement (the “New Agreement”) for certain eligible employees. Pursuant to the New Agreement, the target share awards for each of the eligible employees will vest on December 31, 2024 if the Company’s common stock reaches one of five pre-determined growth targets for a sustained period beginning on the grant date of May 19, 2020 and ending on December 31, 2024.

Basis Of Presentation And Summary Of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation and Interim Condensed Disclosures, Policy	Principles of Consolidation and Interim Condensed Disclosures Our unaudited consolidated financial statements include the Company and its subsidiaries. All intercompany balances and transactions have been eliminated. Our interim consolidated financial statements are unaudited but include all adjustments, which consist of normal, recurring accruals, that are necessary for a fair presentation of our financial position and results of operations as of and for the interim periods presented. Our unaudited consolidated financial statements have been prepared in a manner consistent with the accounting principles described in our Annual Report on Form 10-K for the year ended December 31, 2019 unless otherwise disclosed herein, and should be read in conjunction therewith.
Reclassification, Policy	Reclassifications Certain reclassifications have been made to prior period amounts on our statement of cash flows and consolidated financial position to conform to the current period financial statement presentation with no impact on our previously reported results of operations, total assets and total liabilities or operating cash flows.
Cash and Cash Equivalents, Policy	Cash and Cash Equivalents We consider all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Use of Estimates, Policy	Use of Estimates The preparation of our Consolidated Financial Statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue and expenses. On an ongoing basis, we evaluate our estimates and judgments, including those related to revenue recognition, realization of accounts receivable, goodwill, intangible assets, property and equipment and deferred tax assets and liabilities. We base our estimates on historical experience, third-party data and assumptions that we believe to be reasonable under the circumstances. The results of these considerations form the basis for making judgments about the amount and timing of revenue and expenses, the carrying value of assets and the recorded amounts of liabilities. Actual results may differ from these estimates and such estimates may change if the underlying conditions or assumptions change. Historical performance should not be viewed as indicative of future performance, as there can be no assurance that our results of operations will be consistent from year to year.
New Accounting Pronouncements Not Yet Adopted	Accounting Pronouncements Not Yet Adopted Reference Rate Reform In March 2020, the FASB issued ASU, Reference Rate Reform (“Topic 848”) to provide optional guidance for a limited time to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying U.S. Generally Accepted Accounting Principles (“GAAP”) to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts and hedging relationships that reference London InterBank Offered Rate (“LIBOR”) or another reference rate expected to be discontinued due to reference rate reform. These amendments are effective immediately and may be applied prospectively to contract modifications made and hedging relationships entered into or evaluated on or before December 31, 2022. We are currently evaluating our contracts and the optional expedients provided by the new standard.
Funeral and Cemetery Operations, Policy	Funeral and Cemetery Operations Revenue is recognized when control of the merchandise or services is transferred to the customer. Our performance obligations include the delivery of funeral and cemetery merchandise and services and cemetery property interment rights. Control transfers when merchandise is delivered or services are performed. For cemetery property interment rights, control transfers to the customer when the property is developed and the interment right has been sold and can no longer be marketed or sold to another customer. Sales taxes collected are recognized on a net basis in our consolidated financial statements. On our atneed contracts, we generally deliver the merchandise and perform the services at the time of need. Due to limitations on gatherings imposed to mitigate the spread of COVID-19, some customers have requested that we delay the memorial service until after the limitations have been lifted. Memorial services frequently include performance obligations to direct the service, provide facilities and motor vehicles, catering, flowers, and stationary products. All other performance obligations on these contracts, including arrangement, removal, preparation, embalming, cremation, interment, and delivery of urns and caskets and related memorialization merchandise are fulfilled at the time of need. Personalized marker merchandise and marker installation services sold on atneed contracts are recognized when control is transferred to the customer, generally when the marker is delivered and installed in the cemetery. Ancillary funeral service revenue, which is recorded in Other revenue, represents revenue from our flower shop, pet cremation business and online cremation business in Texas. The earnings from our preneed trust investments, as well as trust management fees charged by our wholly-owned registered investment advisory firm (“CSV RIA”) are recorded in Other revenue. As of March 31, 2020, CSV RIA provided investment management and advisory services to approximately 73% of our trust assets, for a fee based on the market value of trust assets. Under state trust laws, we are allowed to charge the trust a fee for advising on the investment of the trust assets and these fees are recognized as income in the period in which services are provided. Balances due on undelivered preneed funeral trust contracts have been reclassified to reduce Deferred preneed funeral revenue on our Consolidated Balance Sheet of $8.9 million and $8.7 million at December 31, 2019 and March 31, 2020, respectively. 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. Balances due from customers on delivered preneed cemetery contracts are included in Accounts receivable, net and Preneed cemetery receivables, net on our Consolidated Balance Sheet. Balances due on undelivered preneed cemetery contracts have been reclassified to reduce Deferred preneed cemetery revenue on our Consolidated Balance Sheet. The transaction price allocated to preneed merchandise and service performance obligations that were unfulfilled were $4.8 million and $5.8 million at December 31, 2019 and March 31, 2020, respectively. 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 eight years for preneed cemetery contracts. See Notes 17 to the Consolidated Financial Statements herein for additional information related to revenue. Arrangements with Multiple Performance Obligations Some of our contracts with customers include multiple performance obligations. For these contracts, we allocate the transaction price to each performance obligation based on its relative standalone selling price, which is based on prices charged to customers per our general price list. Packages for service and ancillary items are offered to help the customer make decisions during emotional and stressful times. Package discounts are reflected net in Revenue. We recognize revenue when the merchandise is transferred or the service is performed, in satisfaction of the corresponding performance obligation. Sales taxes collected are recognized on a net basis in our Consolidated Financial Statements. Preneed Funeral and Cemetery Trust Funds Our preneed and perpetual care trust funds are reported in accordance with the principles of consolidating Variable Interest Entities (“VIE’s”). In the case of preneed trusts, the customers are the legal beneficiaries. In the case of perpetual care trusts, we do not have a right to access the corpus in the perpetual care trusts. We have recognized financial interests of third parties in the trust funds in our financial statements as Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus. The investments of such trust funds are classified as available-for-sale and are reported at fair market value; therefore, the unrealized gains and losses, as well as accumulated and undistributed income and realized gains and losses are recorded to Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus on our Consolidated Balance Sheet. Our future obligations to deliver merchandise and services are reported at estimated settlement amounts. Preneed funeral and cemetery trust investments are reduced by the trust investment earnings that we have been allowed to withdraw in certain states prior to maturity. These earnings, along with preneed contract collections not required to be placed in trust, are recorded in Deferred preneed funeral revenue and Deferred preneed cemetery revenue until the service is performed or the merchandise is delivered. In accordance with respective state laws, we are required to deposit a specified amount into perpetual and memorial care trust funds for each interment right and certain memorials sold. Income from the trust funds is distributed to us and used to provide for the care and maintenance of the cemeteries and mausoleums. Such trust fund income is recognized as revenue when realized by the trust and distributable to us. We are restricted from withdrawing any of the principal balances of these funds. An enterprise is required to perform an analysis to determine whether the enterprise’s variable interest(s) give it a controlling financial interest in a VIE. This analysis identifies the primary beneficiary of a VIE as the enterprise that has both the power to direct the activities of the VIE that most significantly impact the entity’s economic performance and the obligation to absorb losses of the entity that could potentially be significant to the VIE or the right to receive benefits from the entity that could potentially be significant to the VIE. Our analysis continues to support our position as the primary beneficiary in the majority of our funeral and cemetery trust funds. See Notes 6 and 7 to the Consolidated Financial Statements herein for additional information related to our preneed funeral and cemetery trust funds.
Property, Plant and Equipment, Policy	Property, Plant and Equipment Property, plant and equipment (including equipment under finance leases) are stated at cost. The costs of ordinary maintenance and repairs are charged to operations as incurred, while renewals and major replacements that extend the useful economic life of the asset are capitalized. Depreciation of property, plant and equipment (including equipment under finance leases) is computed based on the straight-line method over the estimated useful lives of the assets.
Goodwill and Intangible Assets, Goodwill, Policy	Goodwill The excess of the purchase price over the fair value of identifiable net assets of funeral home businesses and cemeteries acquired is recorded as goodwill. Goodwill has an indefinite life and is not subject to amortization. As such, we test goodwill for impairment on an annual basis as of August 31^steach year. In addition to our annual test, we assess the impairment of goodwill whenever events or changes in circumstances indicate that the carrying value of a reporting unit may be greater than fair value. Factors that could trigger an interim impairment review include, but are not limited to, significant negative industry or economic trends and significant adverse changes in the business climate, which may be indicated by a decline in our market capitalization or decline in operating results. As a result of economic conditions caused by the response to COVID-19, we performed a quantitative assessment of our goodwill at March 31, 2020. Based on the quantitative assessment conducted at March 31, 2020, we recorded an impairment for goodwill of $13.6 million during the quarter ended March 31, 2020, as the carrying amount of our funeral homes in the Eastern Reporting Unit exceeded the fair value. The discounted cash flow valuation uses projections of future cash flows and includes assumptions concerning future operating performance and economic conditions that may differ from actual future cash flows. See Note 4 to the Consolidated Financial Statements included herein for additional information related to our goodwill. Intangible Assets Our intangible assets include tradenames resulting from acquisitions and are included in Intangible and other non-current assets, net on our Consolidated Balance Sheet. Our tradenames are considered to have an indefinite life and are not subject to amortization. As such, we test our intangible assets for impairment on an annual basis as of August 31^steach year. In addition to our annual test, we assess the impairment of intangible assets whenever certain events or changes in circumstances indicate that the carrying value of the intangible asset may be greater than the fair value. Factors that could trigger an interim impairment review include, but are not limited to, significant under-performance relative to historical or projected future operating results and significant negative industry or economic trends. As a result of economic conditions caused by the response to COVID-19, we performed a quantitative assessment of our tradenames at March 31, 2020. Based on the quantitative assessment conducted at March 31, 2020, we recorded an impairment for certain of our tradenames of $1.1 million during the quarter ended March 31, 2020 as the carrying amount of these tradenames exceeded the fair value. In determining the fair value of the tradenames, we used the relief from royalty method whereby we determine the fair value of the assets by discounting the cash flows that represent a savings over having to pay a royalty fee for use of the tradenames. The discounted cash flow valuation uses projections of future cash flows and includes assumptions concerning future operating performance and economic conditions that may differ from actual future cash flows and the determination and application of an appropriate royalty rate and discount rate. See Note 9 to the Consolidated Financial Statements included herein for additional information related to our intangible assets.
Subsequent Events, Policy	Subsequent Events We have evaluated events and transactions during the period subsequent to March 31, 2020 through the date the financial statements were issued for potential recognition or disclosure in the accompanying financial statements covered by this report. See Note 19 to the Consolidated Financial Statements included herein for additional information related to our subsequent events.

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Property, Plant and Equipment

Property, plant and equipment is comprised of the following at December 31, 2019 and March 31, 2020 (in thousands):



	December 31, 2019			March 31, 2020
Land	$	84,608		$	85,014
Buildings and improvements	242,641			243,582
Furniture, equipment and automobiles	88,046			89,638
Property, plant and equipment, at cost	415,295			418,234
Less: accumulated depreciation	(136,095		)	(139,239		)
Property, plant and equipment, net	$	279,200		$	278,995

Acquisitions Acquisitions (Tables)

3 Months Ended

Mar. 31, 2020

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the breakdown of the purchase price allocation for the businesses described above (in thousands):



	Purchase Price Allocation
Current assets	$	2,662
Preneed trust assets	9,089
Property, plant & equipment	1,720
Cemetery property	14,753
Goodwill	12,916
Intangible and other non-current assets	2,506
Assumed liabilities	(489		)
Deferred tax liability	(527		)
Preneed trust liabilities	(9,089		)
Deferred revenue	(541		)
Purchase price	$	33,000

The following table summarizes the breakdown of the purchase price allocation for these businesses and the subsequent adjustments made based on additional information which became available prior to March 31, 2020 (in thousands):



	Initial Purchase Price Allocation			Adjustments			Adjusted Purchase Price Allocation
Current assets	$	1,482		$	33		$	1,515
Preneed trust assets	15,891			—			15,891
Property, plant & equipment	21,680			—			21,680
Cemetery property	11,994			—			11,994
Goodwill	99,344			(880		)	98,464
Intangible and other non-current assets	8,269			—			8,269
Assumed liabilities	(657		)	(145		)	(802		)
Preneed trust liabilities	(15,463		)	—			(15,463		)
Deferred revenue	(1,633		)	992			(641		)
Purchase price	$	140,907		$	—		$	140,907

As of March 31, 2020, our accounting for our 2019 acquisitions was not complete.

Revenue From Contracts With Customers (Tables)

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Revenue, disaggregated by major source for each of our reportable segments was as follows (in thousands):



Three Months Ended March 31, 2020
	Funeral		Cemetery		Total
Services	$	37,559	$	3,173	$	40,732
Merchandise	20,700		2,286		22,986
Cemetery property	—		8,285		8,285
Other revenue	3,483		2,004		5,487
Total	$	61,742	$	15,748	$	77,490



Three Months Ended March 31, 2019
	Funeral		Cemetery		Total
Services	$	33,977	$	2,675	$	36,652
Merchandise	19,965		1,778		21,743
Cemetery property	—		6,836		6,836
Other revenue	2,221		1,629		3,850
Total	$	56,163	$	12,918	$	69,081

Goodwill (Tables)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table presents changes in goodwill in the accompanying Consolidated Balance Sheet for the year ended December 31, 2019 and the three months ended March 31, 2020 (in thousands):



	December 31, 2019			March 31, 2020
Goodwill at the beginning of the period	$	303,887		$	398,292
Net increase in goodwill related to acquisitions	99,344			12,036
Decrease in goodwill related to divestitures	(4,939		)	—
Decrease in goodwill related to impairments	—			(13,632		)
Goodwill at the end of the period	$	398,292		$	396,696

Trust Investments (Tables)

3 Months Ended

Mar. 31, 2020

Preneed Trust Investments [Abstract]

Components of preneed cemetery trust investments

The components of Preneed cemetery trust investments on our Consolidated Balance Sheet at December 31, 2019 and March 31, 2020 are as follows (in thousands):



	December 31, 2019			March 31, 2020
Preneed cemetery trust investments, at market value	$	74,572		$	63,130
Less: allowance for contract cancellation	(2,190		)	(2,354		)
Preneed cemetery trust investments, net	$	72,382		$	60,776

Cost and fair market values associated with preneed cemetery trust investments

The cost and market values associated with preneed cemetery trust investments at March 31, 2020 are detailed below (in thousands):



	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses			Fair Market Value
Cash and money market accounts	1	$	3,516	$	—	$	—		$	3,516
Fixed income securities:
Foreign debt	2	8,294		180		(1,687		)	6,787
Corporate debt	2	15,474		301		(2,979		)	12,796
Preferred stock	2	13,691		35		(2,289		)	11,437
Mortgage-backed securities	2	451		—		(251		)	200
Common stock	1	34,456		1,646		(11,022		)	25,080
Mutual funds:
Fixed Income	2	2,583		161		(400		)	2,344
Trust securities		$	78,465	$	2,323	$	(18,628	)	$	62,160
Accrued investment income		$	970						$	970
Preneed cemetery trust investments									$	63,130
Market value as a percentage of cost									79.2		%

The cost and market values associated with preneed cemetery trust investments at December 31, 2019 are detailed below (in thousands):



	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses			Fair Market Value
Cash and money market accounts	1	$	5,729	$	—	$	—		$	5,729
Fixed income securities:
Foreign debt	2	5,609		312		(243		)	5,678
Corporate debt	2	16,916		1,044		(649		)	17,311
Preferred stock	2	14,206		904		(164		)	14,946
Mortgage-backed securities	2	517		—		(114		)	403
Common stock	1	28,569		2,766		(3,017		)	28,318
Mutual funds:
Fixed income	2	1,463		72		(85		)	1,450
Trust Securities		$	73,009	$	5,098	$	(4,272	)	$	73,835
Accrued investment income		$	737						737
Preneed cemetery trust investments									$	74,572
Market value as a percentage of cost									101.1		%

Estimated maturities of fixed preneed cemetery trust income securities

The estimated maturities of the fixed income securities included above are as follows (in thousands):



Due in one year or less	$	—
Due in one to five years	4,178
Due in five to ten years	8,025
Thereafter	19,017
Total fixed income securities	$	31,220

Schedule of fair market value and unrealized loss on cemetery merchandise and service trust investments



	March 31, 2020
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	4,655	$	(1,153	)	$	168	$	(534	)	$	4,823	$	(1,687	)
Corporate debt	5,810		(1,412		)	3,253		(1,567		)	9,063		(2,979		)
Preferred stock	10,813		(2,289		)	—		—			10,813		(2,289		)
Mortgage-backed securities	80		(115		)	120		(136		)	200		(251		)
Total fixed income securities with an unrealized loss	$	21,358	$	(4,969	)	$	3,541	$	(2,237	)	$	24,899	$	(7,206	)



	December 31, 2019
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	268	$	(42	)	$	758	$	(201	)	$	1,026	$	(243	)
Corporate debt	1,368		(168		)	4,520		(481		)	5,888		(649		)
Preferred stock	4,135		(164		)	—		—			4,135		(164		)
Mortgage-backed securities	—		—			402		(114		)	402		(114		)
Total fixed income securities with an unrealized loss	$	5,771	$	(374	)	$	5,680	$	(796	)	$	11,451	$	(1,170	)

Preneed cemetery trust investment security transactions



	Three Months Ended March 31,
	2019			2020
Investment income	$	571		$	319
Realized gains	1,458			1,916
Realized losses	(635		)	(1,372		)
Expenses and taxes	(278		)	(187		)
Net change in deferred preneed cemetery receipts held in trust	(1,116		)	(676		)
	$	—		$	—

Purchases and sales of investments in preneed cemetary trusts

Purchases and sales of investments in the preneed cemetery trusts for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



	Three Months Ended March 31,
	2019			2020
Purchases	$	(11,626	)	$	(18,857	)
Sales	2,992			13,231

Components of preneed funeral trust investments

The components of Preneed funeral trust investments on our Consolidated Balance Sheet at December 31, 2019 and March 31, 2020 are as follows (in thousands):



	December 31, 2019			March 31, 2020
Preneed funeral trust investments, at market value	$	99,246		$	84,337
Less: allowance for expected credit losses and cancellations	(2,911		)	(2,960		)
Preneed funeral trust investments	$	96,335		$	81,377

Estimated maturities of fixed preneed funeral trust income securities

The estimated maturities of the fixed income securities included above are as follows (in thousands):



Due in one year or less	$	—
Due in one to five years	5,044
Due in five to ten years	7,093
Thereafter	18,473
Total fixed income securities	$	30,610

Cost and fair market values associated with preneed funeral trust investments

The cost and market values associated with preneed funeral trust investments at March 31, 2020 are detailed below (in thousands):



	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses			Fair Market Value
Cash and money market accounts	1	$	22,033	$	—	$	—		$	22,033
Fixed income securities:
U.S treasury debt	1	820		17		—			837
Foreign debt	2	8,185		180		(1,631		)	6,734
Corporate debt	2	14,374		290		(2,826		)	11,838
Preferred stock	2	13,127		21		(2,198		)	10,950
Mortgage-backed securities	2	503		—		(252		)	251
Common stock	1	32,946		1,648		(10,383		)	24,211
Mutual funds:
Fixed income	2	2,519		162		(302		)	2,379
Other investments	2	4,163		—		—			4,163
Trust securities		$	98,670	$	2,318	$	(17,592	)	$	83,396
Accrued investment income		$	941						$	941
Preneed funeral trust investments									$	84,337
Market value as a percentage of cost									84.5		%

The cost and market values associated with preneed funeral trust investments at December 31, 2019 are detailed below (in thousands):



	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses			Fair Market Value
Cash and money market accounts	1	$	24,160	$	—	$	—		$	24,160
Fixed income securities:
U.S. treasury debt	1	822		—		—			822
Foreign debt	2	5,587		309		(232		)	5,664
Corporate debt	2	16,109		992		(646		)	16,455
Preferred stock	2	14,094		874		(198		)	14,770
Mortgage-backed securities	2	585		—		(117		)	468
Common stock	1	27,652		2,773		(2,869		)	27,556
Mutual funds:
Equity	1	772		617		(4		)	1,385
Fixed income	2	4,364		107		(107		)	4,364
Other investments	2	2,902		—		—			2,902
Trust securities		$	97,047	$	5,672	$	(4,173	)	$	98,546
Accrued investment income		$	700						$	700
Preneed funeral trust investments									$	99,246
Market value as a percentage of cost									101.5		%

Schedule of fair market value and unrealized loss on preneed funeral trust investments



	March 31, 2020
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	4,605	$	(1,152	)	$	152	$	(479	)	$	4,757	$	(1,631	)
Corporate debt	5,248		(1,357		)	3,127		(1,469		)	8,375		(2,826		)
Preferred stock	10,594		(2,198		)	—		—			10,594		(2,198		)
Mortgage-backed securities	84		(115		)	135		(137		)	219		(252		)
Total fixed income securities with an unrealized loss	20,531		(4,822		)	3,414		(2,085		)	23,945		(6,907		)



	December 31, 2019
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	274	$	(43	)	$	723	$	(189	)	$	997	$	(232	)
Corporate debt	1,403		(172		)	4,433		(474		)	5,836		(646		)
Preferred stock	4,412		(198		)	—		—			4,412		(198		)
Mortgage-backed securities	—		—			439		(117		)	439		(117		)
Total fixed income securities with an unrealized loss	6,089		(413		)	5,595		(780		)	11,684		(1,193		)

Preneed funeral trust investment security transactions



	Three Months Ended March 31,
	2019			2020
Investment income	$	573		$	258
Realized gains	1,320			2,551
Realized losses	(583		)	(1,129		)
Expenses and taxes	(228		)	(97		)
Net change in deferred preneed funeral receipts held in trust	(1,082		)	(1,583		)
	$	—		$	—

Purchases and sales of investments in preneed funeral trusts

Purchases and sales of investments in the preneed funeral trusts for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



	Three Months Ended March 31,
	2019			2020
Purchases	$	(10,759	)	$	(18,538	)
Sales	2,785			15,968

Purchases and sales of investments in the perpetual care trusts for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



	Three Months Ended March 31,
	2019			2020
Purchases	$	(9,157	)	$	(14,612	)
Sales	1,702			12,694

Components of care trusts' corpus



	December 31, 2019			March 31, 2020
Cemetery perpetual care trust investments, at market value	$	64,047		$	52,677
Obligations due to (from) trust	(631		)	97
Care trusts’ corpus	$	63,416		$	52,774

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]



	March 31, 2020
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	4,069	$	(976	)	$	151	$	(472	)	$	4,220	$	(1,448	)
Corporate debt	4,077		(1,042		)	2,803		(1,303		)	6,880		(2,345		)
Preferred stock	9,173		(2,138		)	—		—			9,173		(2,138		)
Mortgage-backed securities	61		(88		)	93		(105		)	154		(193		)
Total fixed income securities with an unrealized loss	$	17,380	$	(4,244	)	$	3,047	$	(1,880	)	$	20,427	$	(6,124	)



	December 31, 2019
	In Loss Position Less than 12 months					In Loss Position Greater than 12 months					Total
	Fair market value		Unrealized Losses			Fair market value		Unrealized Losses			Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	168	$	(26	)	$	549	$	(149	)	$	717	$	(175	)
Corporate debt	1,057		(196		)	3,253		(338		)	4,310		(534		)
Preferred stock	2,989		(106		)	—		—			2,989		(106		)
Mortgage-backed securities	—		—			252		(71		)	252		(71		)
Total fixed income securities with an unrealized loss	$	4,214	$	(328	)	$	4,054	$	(558	)	$	8,268	$	(886	)

Preneed Funeral Trust Investment Security Transactions [Table Text Block]



	Three Months Ended March 31,
	2019			2020
Realized gains	$	354		$	709
Realized losses	(171		)	(679		)
Net change in Care trusts’ corpus	(183		)	(30		)
Total	$	—		$	—

Perpetual care trust investment security transactions recorded in Other revenue for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



	Three Months Ended March 31,
	2019			2020
Investment income	$	1,087		$	1,405
Realized losses, net	(290		)	(36		)
Total	$	797		$	1,369

Receivables (Tables)

3 Months Ended

Mar. 31, 2020

Preneed Cemetery Receivables [Abstract]

Preneed Cemetery Receivables

The following table summarizes the activity in our allowance for credit losses for Preneed cemetery receivables, net for three months ended March 31, 2020 (in thousands):



	January 1, 2020			Provision for Credit Losses			Allowance Recorded at Acquisition			Write Offs		March 31, 2020
Total allowance for credit losses on Preneed cemetery receivables, net	$	(1,290	)	$	(228	)	$	(318	)	$	132	$	(1,704	)

Aging of Past Due Financing Receivables

The aging of past due preneed cemetery receivables as of March 31, 2020 is as follows (in thousands):



	31-60 Past Due		61-90 Past Due		91-120 Past Due		>120 Past Due		Total Past Due		Current		Total
Recognized revenue	$	807	$	458	$	242	$	2,168	$	3,675	$	28,892	$	32,567
Deferred revenue	243		165		92		237		737		10,100		10,837
Total contracts	$	1,050	$	623	$	334	$	2,405	$	4,412	$	38,992	$	43,404

Receivables from Preneed Trusts (Tables)

3 Months Ended

Mar. 31, 2020

Receivables From Preneed Trusts [Abstract]

Receivables from Preneed Trusts

As of December 31, 2019 and March 31, 2020, receivables from preneed trusts are as follows (in thousands):



	December 31, 2019			March 31, 2020
Preneed trust funds, at cost	$	18,581		$	18,650
Less: allowance for contract cancellation	(557		)	(561		)
Receivables from preneed trusts, net	$	18,024		$	18,089

Composition of Assets Held in Trust

The composition of the preneed trust funds at March 31, 2020 is as follows (in thousands):



	Historical Cost Basis		Fair Value
Cash and cash equivalents	$	4,580	$	4,580
Fixed income investments	11,685		11,685
Mutual funds and common stocks	2,380		2,392
Annuities	5		5
Total	$	18,650	$	18,662

The composition of the preneed trust funds at December 31, 2019 is as follows (in thousands):



	Historical Cost Basis		Fair Value
Cash and cash equivalents	$	4,533	$	4,533
Fixed income investments	11,603		11,603
Mutual funds and common stocks	2,440		2,518
Annuities	5		5
Total	$	18,581	$	18,659

Intangible and Other Non-Current Assets (Tables)

3 Months Ended

Mar. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure

Intangible and other non-current assets at December 31, 2019 and March 31, 2020 are as follows (in thousands):



	December 31, 2019		March 31, 2020
Prepaid agreements not-to-compete, net of accumulated amortization of $7,195 and $7,382, respectively	$	3,915	$	3,792
Tradenames	25,233		26,649
Capitalized commissions on preneed contracts, net of accumulated amortization of $1,127 and $1,268, respectively	2,818		2,903
Other	150		113
Intangible and other non-current assets, net	$	32,116	$	33,457

CREDIT FACILITY AND ACQUISITION DEBT (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Our Credit Facility and Acquisition debt consisted of the following at December 31, 2019 and March 31, 2020 (in thousands):



	December 31, 2019				March 31, 2020
Credit Facility	$	83,800			$	114,000
Debt issuance costs, net of accumulated amortization of $337 and $464, respectively	(1,618		)		(1,491		)
Total Credit Facility	$	82,182			$	112,509

Acquisition debt	$	6,964			$	6,547
Less: current portion	(1,306		)	—	(1,085		)
Total acquisition debt, net of current portion	$	5,658			$	5,462

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Convertible Subordinated Notes (Tables)

3 Months Ended

Mar. 31, 2020

Convertible Subordinated Notes [Abstract]

Schedule of Liability and Equity Components of Convertible Subordinated Notes



	December 31, 2019			March 31, 2020
Current liabilities:
Principal amount	$	6,319		$	6,319
Unamortized discount of liability component	(319		)	(254		)
Convertible Notes issuance costs, net of accumulated amortization of $130 and $136, respectively	(29		)	(23		)
Carrying value of the liability component	$	5,971		$	6,042

Carrying value of the equity component	$	789		$	789

(Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Components of Lease Expense

The components of lease cost for the three months ended March 31, 2019 and 2020 are as follows (in thousands):



		Three months ended March 31,
	Income Statement Classification	2019		2020
Operating lease cost	Facilities and grounds expense⁽¹⁾	$	924	$	957
Short-term lease cost	Facilities and grounds expense⁽¹⁾	75		57

Finance lease cost:
Depreciation of leased assets	Depreciation and amortization⁽²⁾	$	132	$	109
Interest on lease liabilities	Interest expense	132		126
Total finance lease cost		264		235
Total lease cost		$	1,263	$	1,249




(1)	Facilities and grounds expense is included within Cost of service and General, administrative and other on our Consolidated Statements of Operations.
(2)	Depreciation and amortization expense is included within Field depreciation and Home office depreciation and amortization on our Consolidated Statements of Operations.

Variable lease expense was immaterial for the three months ended March 31, 2019 and 2020.

Supplemental cash flow information related to our leases for the three months ended March 31, 2019 and 2020 is as follows (in thousands):



	Three months ended March 31,
	2019	2020
Cash paid for operating leases included in operating activities	979	696
Cash paid for finance leases included in financing activities	228	200

Right-of-use assets obtained in exchange for new leases for the three months ended March 31, 2019 and 2020 is as follows (in thousands):



	Three months ended March 31,
	2019		2020
Right-of-use assets obtained in exchange for new operating lease liabilities	$	—	$	77
Right-of-use assets obtained in exchange for new finance lease liabilities	—		—



Lease Type	December 31, 2019			March 31, 2020
Finance lease right-of-use assets	$	6,770		$	6,770
Accumulated depreciation	(1,566		)	(1,675		)
Finance lease right-of-use assets, net	$	5,204		$	5,095

The average lease terms and discount rates as of March 31, 2020 are as follows:



	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	10.7	8.1	%
Finance leases	6.7	8.2	%

Maturities of Operating Lease Liabilities

The aggregate future lease payments for operating and finance leases as of March 31, 2020 are as follows (in thousands):



	Operating			Finance
Lease payments due:
Remainder of 2020	$	2,688		$	628
2021	3,725			836
2022	3,365			860
2023	3,267			860
2024	3,262			791
Thereafter	17,799			6,291
Total lease payments	34,106			10,266
Less: Interest	(11,164		)	(4,192		)
Present value of lease liabilities	$	22,942		$	6,074

Maturities of Financing Lease Liabilities

The aggregate future lease payments for operating and finance leases as of March 31, 2020 are as follows (in thousands):



	Operating			Finance
Lease payments due:
Remainder of 2020	$	2,688		$	628
2021	3,725			836
2022	3,365			860
2023	3,267			860
2024	3,262			791
Thereafter	17,799			6,291
Total lease payments	34,106			10,266
Less: Interest	(11,164		)	(4,192		)
Present value of lease liabilities	$	22,942		$	6,074

Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2020

Share-based Payment Arrangement [Abstract]

Dividends Declared

the three months ended March 31, 2019 and 2020, our Board declared the following dividends payable on the dates below (in thousands, except per share amounts):



2019	Per Share		Dollar Value
March 1^st	$	0.075	$	1,360

2020	Per Share		Dollar Value
March 1^st	$	0.075	$	1,339

Schedule of Accumulated Other Comprehensive Income

Our components of accumulated other comprehensive income are as follows (in thousands):



	Accumulated Other Comprehensive Income
Balance at December 31, 2019	$	—
Net unrealized losses associated with available-for-sale securities of the trusts	(45,104		)
Reclassification of net unrealized losses activity attributable to the Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus	45,104
Balance at March 31, 2020	$	—

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of the basic and diluted earnings (loss) per share for the three months ended March 31, 2019 and 2020 (in thousands, except per share data):



	Three Months Ended March 31,
	2019			2020
Numerator for basic and diluted earnings per share:
Net income (loss)	$	6,525		$	(4,197	)
Less: Loss (earnings) allocated to unvested restricted stock	(33		)	13
Income (loss) attributable to common stockholders	$	6,492		$	(4,184	)

Denominator:
Denominator for basic earnings per common share - weighted average shares outstanding	18,057			17,805
Effect of dilutive securities:
Stock options	40			—
Denominator for diluted earnings per common share - weighted average shares outstanding	18,097			17,805

Basic earnings (loss) per common share:	$	0.36		$	(0.23	)
Diluted earnings (loss) per common share:	$	0.36		$	(0.23	)

SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Disaggregation of Revenue

Revenue, disaggregated by major source for each of our reportable segments was as follows (in thousands):



Three Months Ended March 31, 2020
	Funeral		Cemetery		Total
Services	$	37,559	$	3,173	$	40,732
Merchandise	20,700		2,286		22,986
Cemetery property	—		8,285		8,285
Other revenue	3,483		2,004		5,487
Total	$	61,742	$	15,748	$	77,490



Three Months Ended March 31, 2019
	Funeral		Cemetery		Total
Services	$	33,977	$	2,675	$	36,652
Merchandise	19,965		1,778		21,743
Cemetery property	—		6,836		6,836
Other revenue	2,221		1,629		3,850
Total	$	56,163	$	12,918	$	69,081

Revenue, pre-tax income and total and total assets by segments

The following table presents Operating income (loss), Income (loss) before income taxes and Total assets by segment (in thousands):



	Funeral		Cemetery		Corporate			Consolidated
Operating income (loss):
Three Months Ended March 31, 2020	$	4,311	$	4,167	$	(6,328	)	$	2,150
Three Months Ended March 31, 2019	18,076		3,524		(6,001		)	15,599

Income (loss) before income taxes:
Three Months Ended March 31, 2020	$	4,119	$	4,105	$	(14,571	)	$	(6,347	)
Three Months Ended March 31, 2019	17,862		3,585		(12,246		)	9,201

Total assets:
March 31, 2020	$	762,815	$	318,960	$	38,782		$	1,120,557
December 31, 2019	790,459		314,413		24,883			1,129,755

Supplementary Data (Tables)

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplementary Balance Sheet Disclosures

he detail of certain balance sheet accounts as of December 31, 2019 and March 31, 2020 (in thousands):



	December 31, 2019		March 31, 2020
Prepaid and other current assets:
Prepaid expenses	$	1,596	$	1,660
Deposit on pending acquisition	5,000		—
Federal income taxes receivable	2,973		11,814
State income taxes receivable	986		853
Other current assets	112		120
Total prepaid and other current assets	$	10,667	$	14,447

Current portion of debt and lease obligations:
Current portion of acquisition debt	$	1,306	$	1,085
Current portion of finance lease obligations	290		298
Current portion of operating lease obligations	1,554		1,836
Total current portion of debt and lease obligations	$	3,150	$	3,219

Accrued and other liabilities:
Accrued salaries and wages	$	4,323	$	2,803
Accrued incentive compensation	9,199		1,009
Accrued vacation	2,880		2,994
Accrued insurance	2,329		2,532
Accrued interest	2,299		8,979
Accrued ad valorem and franchise taxes	678		1,063
Accrued commissions	560		565
Perpetual care trust payable	401		146
Other accrued liabilities	1,357		837
Unrecognized tax benefit	—		2,860
Total accrued and other liabilities	$	24,026	$	23,788

Other long-term liabilities:
Incentive compensation	$	1,267	$	1,435
Contingent consideration	470		—
Total other long-term liabilities	$	1,737	$	1,435

Basis of Presentation and Summary of Significant Accounting Policies (Operations) (Details) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020 USD ($) funeral_homes cemeteries states segment	Mar. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2019 USD ($)
Organization Description and Operations [Line Items]
Depreciation expense	$ 3,600	$ 3,500
Number of business segments \| segment	2
Amortization Of Cemetery Property	$ 900	800
Trade and financed receivables	$ 20,594			$ 20,554
The percentage of trust assets in custody of institution receiving trust management services	73.00%
Accounts receivable, net of allowance for bad debts	$ 20,845			21,478
Preneed receivables	20,402			20,173
Bad debt expense	690	366
Income Tax Expense (Benefit), Net Of Uncertain Tax Positions	$ 2,150	$ (2,676)
Income taxes before discrete items	33.60%	28.00%
Goodwill, Impairment Loss	$ 13,632		$ 0
Unearned finance charges associated with receivables	4,404			4,522
Amortization of capitalized commissions on preneed contracts	141	$ 138
Accumulated Amortization, Property, Plant, and Equipment	$ (42,500)			$ (41,700)
Funeral And Cemetery [Member]
Organization Description and Operations [Line Items]
Bad debt expense		$ 200
Funeral homes [Member]
Organization Description and Operations [Line Items]
Number of owned and operated funeral homes (in Funeral Homes) \| funeral_homes	186
Number of states in which Company operates \| states	29
Revenue, Percentage	80.00%
Cemeteries [Member]
Organization Description and Operations [Line Items]
Number of states in which Company operates \| states	11
Number of owned and operated cemeteries (in Cemetaries) \| cemeteries	32
Revenue, Percentage	20.00%
Separate Income Tax Return [Member]
Organization Description and Operations [Line Items]
Number Of States In Which Entity Files Separate State Income Tax Returns \| states	15
Combined Or Unitary Income Tax Return [Member]
Organization Description and Operations [Line Items]
Number Of States In Which Entity Files Unitary Tax Returns \| states	14
Minimum [Member]
Organization Description and Operations [Line Items]
Service Contract, Term	8 years
Lease Term	1 year
Minimum [Member] \| Funeral homes [Member]
Organization Description and Operations [Line Items]
Lease Term	10 years
Maximum [Member]
Organization Description and Operations [Line Items]
Service Contract, Term	10 years
Lease Term	19 years
Lease Term, Options To Extend	26 years
Maximum [Member] \| Funeral homes [Member]
Organization Description and Operations [Line Items]
Lease Term	40 years
Trade Names [Member]
Organization Description and Operations [Line Items]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	$ 1,100

Basis of Presentation and Summary of Significant Accounting Policies (PPE) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 418,234		$ 415,295
Unearned finance charges associated with receivables	4,404		4,522
Provision for bad debt and credit losses	690	$ 366
Property, plant and equipment, gross	101,800		87,000
Accumulated Amortization, Property, Plant, and Equipment	42,500		41,700
Amortization Of Cemetery Property	900	800
Less: accumulated depreciation	(139,239)		(136,095)
Property, plant and equipment, net	278,995		279,200
Depreciation expense	$ 3,600	$ 3,500
Income taxes before discrete items	33.60%	28.00%
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 85,014		84,608
Buildings and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment	243,582		242,641
Furniture, equipment and automobiles [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment	89,638		88,046
Funeral
Property, Plant and Equipment [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current	206		189
Funeral And Cemetery [Member]
Property, Plant and Equipment [Line Items]
Provision for bad debt and credit losses		$ 200
Cemetery
Property, Plant and Equipment [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current	$ 596		$ 580

Basis of Presentation and Summary of Significant Accounting Policies Preneed Receivables (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Preneed cemetery receivables	$ 43,404	$ 41,316
Less: balances due on undelivered cemetery preneed contracts	(5,837)	(4,823)
Preneed cemetery receivables, net	$ 20,402	$ 20,173

Basis of Presentation and Summary of Significant Accounting Policies Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Impairment of goodwill and intangibles - asset acquisitions	$ 700
Impairment of goodwill and intangibles - asset acquisitions	3.60%
Income (loss) before income taxes	$ (6,347)	$ 9,201
Income Tax Expense (Benefit)	$ (2,136)	$ 2,577
Income taxes before discrete items	33.60%	28.00%
Total benefit for income taxes	$ (2,150)	$ 2,676

Basis of Presentation and Summary of Significant Accounting Policies Performance Obligation (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Revenue from External Customer [Line Items]
Tax adjustment related to discrete items	$ (14)	$ 99
Term of sales contract for cemetery interment rights, maximum (in Duration)	5 years
Funeral \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue from External Customer [Line Items]
Revenue, Remaining Performance Obligation, Amount			$ 8,900
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	10 years
Funeral \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01
Revenue from External Customer [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 8,700
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	10 years
Cemetery \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue from External Customer [Line Items]
Revenue, Remaining Performance Obligation, Amount			$ 4,800
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	8 years
Cemetery \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01
Revenue from External Customer [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 5,800
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	8 years

Acquisitions (Narrative) (Details) - Lafayette, California [Member] - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
	Jan. 03, 2020	Mar. 31, 2020	Dec. 31, 2019
Business Combinations [Abstract]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Preneed Trust Assets	$ 9,089	$ 15,891	$ 15,891
Business Acquisition [Line Items]
Purchase price	$ 33,000
Payments to acquire businesses		$ 28,000	$ 5,000

Recently Issued Accounting Standards - Additional Information (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Accounting Changes and Error Corrections [Abstract]
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Reserves	$ 2,900
Operating lease right-of-use assets	21,891	$ 22,304
Present value of lease liabilities	$ 22,942

Revenue From Contracts With Customers (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	$ 77,490	$ 69,081
Services
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	40,732	36,652
Merchandise
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	22,986	21,743
Cemetery property
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	8,285	6,836
Other revenue
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	5,487	3,850
Funeral
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	61,742	56,163
Funeral \| Services
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	37,559	33,977
Funeral \| Merchandise
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	20,700	19,965
Funeral \| Cemetery property
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	0	0
Funeral \| Other revenue
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	3,483	2,221
Cemetery
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	15,748	12,918
Cemetery \| Services
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	3,173	2,675
Cemetery \| Merchandise
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	2,286	1,778
Cemetery \| Cemetery property
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	8,285	6,836
Cemetery \| Other revenue
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total	$ 2,004	$ 1,629

Acquisitions Acquistions (Purchase Price Allocation) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Jan. 03, 2020	Dec. 31, 2019	Dec. 31, 2017
Business Acquisition [Line Items]
Goodwill	$ 396,696		$ 398,292	$ 303,887
Lafayette, California [Member]
Business Acquisition [Line Items]
Current assets	1,515	$ 2,662	1,482
Property, plant & equipment	21,680	1,720	21,680
Cemetery property	11,994	14,753	11,994
Goodwill	98,464	12,916	99,344
Intangible and other non-current assets	8,269	2,506	8,269
Assumed liabilities	(802)	(489)	(657)
Deferred tax liability	(15,463)	(527)	(15,463)
Preneed trust liabilities	(641)	(9,089)	(1,633)
Deferred revenue	$ (140,907)	(541)	$ (140,907)
Purchase price		$ 33,000

Recently Issued Accounting Standards - Balance Sheet (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Prepaid expenses	$ 1,660	$ 1,596
Operating lease right-of-use assets	21,891	22,304
Assets	1,120,557	1,129,755
Other long-term liabilities	1,435	1,737
Current portion of operating lease obligations	1,836	1,554
Obligations under operating leases, net of current portion	21,106	21,533
Liabilities	$ 898,098	$ 903,186

Revenue From Contracts With Customers Deferred Revenue (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Receivables from Preneed Funeral Trusts	$ (18,089)	$ (18,024)
Cemetery
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts Receivable, before Allowance for Credit Loss, Current	1,500	1,400
Receivables from Preneed Funeral Trusts	$ 3,200	$ 3,100

Acquisitions Acquisitions (Assets Acquired) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Dec. 31, 2017
Business Acquisition [Line Items]
Goodwill Recorded	$ 396,696	$ 398,292	$ 303,887

Revenue From Contracts With Customers Narrative (Details)	3 Months Ended
	Mar. 31, 2020 segment
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Number of business segments	2
Minimum [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Service Contract, Term	8 years
Maximum [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Service Contract, Term	10 years

Acquisitions Purchase Accounting (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Jan. 03, 2020	Dec. 31, 2019	Dec. 31, 2017
Business Acquisition [Line Items]
Goodwill	$ 396,696		$ 398,292	$ 303,887
Lafayette, California [Member]
Business Acquisition [Line Items]
Current assets	1,515	$ 2,662	1,482
Deferred revenue	140,907	541	140,907
Preneed trust liabilities	(641)	(9,089)	(1,633)
Deferred tax liability	(15,463)	(527)	(15,463)
Assumed liabilities	(802)	(489)	(657)
Intangible and other non-current assets	8,269	2,506	8,269
Goodwill	98,464	12,916	99,344
Cemetery property	11,994	14,753	11,994
Property, plant & equipment	21,680	1,720	21,680
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Preneed Trust Assets	15,891	$ 9,089	$ 15,891
Deferred Revenue, Purchase Accounting Adjustments	992
Assumed Liabilities, Purchase Accounting Adjustments	(145)
Current Assets, Purchase Accounting Adjustments	33
Goodwill, Purchase Accounting Adjustments	$ (880)

Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
Goodwill (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2018
Goodwill [Roll Forward]
Goodwill at the beginning of year	$ 398,292	$ 303,887
Increase in goodwill related to acquisitions	12,036	99,344
Decrease in goodwill related to divestitures	0	(4,939)
Decrease in goodwill related to impairments	(13,632)	$ 0
Goodwill at the end of the period	$ 396,696

Trust Investments (Components of preneed cemetery trust investments) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Debt and Equity Securities, FV-NI [Line Items]
Preneed cemetery trust investments, net	$ 60,776	$ 72,382
Preneed Cemetery Trust Investments [Member]
Debt and Equity Securities, FV-NI [Line Items]
Preneed cemetery trust investments, at market value	63,130	74,572
Less: allowance for contract cancellation	(2,354)	(2,190)
Preneed cemetery trust investments, net	$ 60,776	$ 72,382

Trust Investments (Cost and fair market values associated with preneed cemetery trust investments) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Preneed Cemetery Trust Investments [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	$ 78,465	$ 73,009
Unrealized Gains	2,323	5,098
Unrealized Losses	(18,628)	(4,272)
Fair Market Value	62,160	73,835
Preneed cemetery trust investments	$ 63,130	$ 74,572
Preneed cemetery trust investments, fair market value as a percentage of cost (in Percent)	79.20%	101.10%
Preneed Cemetery Trust Investments [Member] \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost		$ 517
Unrealized Gains		0
Unrealized Losses		(114)
Fair Market Value		403
Preneed Cemetery Trust Investments [Member] \| Accrued Investment Income [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	$ 970	737
Fair Market Value	970	737
Preneed Funeral Trust Investments [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	98,670	97,047
Unrealized Gains	2,318	5,672
Unrealized Losses	(17,592)	(4,173)
Fair Market Value	83,396	98,546
Preneed cemetery trust investments	$ 84,337	$ 99,246
Preneed cemetery trust investments, fair market value as a percentage of cost (in Percent)	84.50%	101.50%
Preneed Funeral Trust Investments [Member] \| Accrued Investment Income [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	$ 941	$ 700
Fair Market Value	941	700
Fair Value, Inputs, Level 1 [Member] \| Preneed Cemetery Trust Investments [Member] \| Cash and money market accounts [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	3,516	5,729
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	3,516	5,729
Fair Value, Inputs, Level 1 [Member] \| Preneed Cemetery Trust Investments [Member] \| Common stock
Debt and Equity Securities, FV-NI [Line Items]
Cost	34,456	28,569
Unrealized Gains	1,646	2,766
Unrealized Losses	(11,022)	(3,017)
Fair Market Value	25,080	28,318
Fair Value, Inputs, Level 1 [Member] \| Preneed Funeral Trust Investments [Member] \| Cash and money market accounts [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	22,033	24,160
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	22,033	24,160
Fair Value, Inputs, Level 1 [Member] \| Preneed Funeral Trust Investments [Member] \| Common stock
Debt and Equity Securities, FV-NI [Line Items]
Cost	32,946	27,652
Unrealized Gains	1,648	2,773
Unrealized Losses	(10,383)	(2,869)
Fair Market Value	24,211	27,556
Fair Value, Inputs, Level 2 [Member] \| Preneed Cemetery Trust Investments [Member] \| Debt Security, Government, Non-US [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	8,294	5,609
Unrealized Gains	180	312
Unrealized Losses	(1,687)	(243)
Fair Market Value	6,787	5,678
Fair Value, Inputs, Level 2 [Member] \| Preneed Cemetery Trust Investments [Member] \| Corporate Debt [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	15,474	16,916
Unrealized Gains	301	1,044
Unrealized Losses	(2,979)	(649)
Fair Market Value	12,796	17,311
Fair Value, Inputs, Level 2 [Member] \| Preneed Cemetery Trust Investments [Member] \| Preferred Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	13,691	14,206
Unrealized Gains	35	904
Unrealized Losses	(2,289)	(164)
Fair Market Value	11,437	14,946
Fair Value, Inputs, Level 2 [Member] \| Preneed Cemetery Trust Investments [Member] \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost	451
Unrealized Gains	0
Unrealized Losses	(251)
Fair Market Value	200
Fair Value, Inputs, Level 2 [Member] \| Preneed Funeral Trust Investments [Member] \| Debt Security, Government, Non-US [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	8,185	5,587
Unrealized Gains	180	309
Unrealized Losses	(1,631)	(232)
Fair Market Value	6,734	5,664
Fair Value, Inputs, Level 2 [Member] \| Preneed Funeral Trust Investments [Member] \| Corporate Debt [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	14,374	16,109
Unrealized Gains	290	992
Unrealized Losses	(2,826)	(646)
Fair Market Value	11,838	16,455
Fair Value, Inputs, Level 2 [Member] \| Preneed Funeral Trust Investments [Member] \| Preferred Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	13,127	14,094
Unrealized Gains	21	874
Unrealized Losses	(2,198)	(198)
Fair Market Value	10,950	14,770
Fair Value, Inputs, Level 2 [Member] \| Preneed Funeral Trust Investments [Member] \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost	503	585
Unrealized Gains	0	0
Unrealized Losses	(252)	(117)
Fair Market Value	$ 251	$ 468

Trust Investments (Estimated maturities of fixed preneed cemetery trust income securities) (Details) - Preneed Cemetery Trust Investments [Member] $ in Thousands	Mar. 31, 2020 USD ($)
Debt and Equity Securities, FV-NI [Line Items]
Due in one year or less	$ 0
Due in one to five years	4,178
Due in five to ten years	8,025
Thereafter	19,017
Total	$ 31,220

Trust Investments (Unrealized losses on cemetery merchandise and service trust investments) (Details) - Preneed Cemetery Trust Investments [Member] - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	$ 21,358	$ 5,771
In Loss Position Less than 12 months	(4,969)	(374)
In Loss Position Greater than 12 months	3,541	5,680
In Loss Position Greater than 12 months	(2,237)	(796)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	24,899	11,451
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(7,206)	(1,170)
Available-for-sale Securities, Amortized Cost Basis	78,465	73,009
Unrealized Gains	2,323	5,098
Foreign debt
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	4,655	268
In Loss Position Less than 12 months	(1,153)	(42)
In Loss Position Greater than 12 months	168	758
In Loss Position Greater than 12 months	(534)	(201)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	4,823	1,026
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(1,687)	(243)
Corporate Debt [Member]
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	5,810	1,368
In Loss Position Less than 12 months	(1,412)	(168)
In Loss Position Greater than 12 months	3,253	4,520
In Loss Position Greater than 12 months	(1,567)	(481)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	9,063	5,888
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(2,979)	(649)
Preferred stock
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	10,813	4,135
In Loss Position Less than 12 months	(2,289)	(164)
In Loss Position Greater than 12 months	0	0
In Loss Position Greater than 12 months	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	10,813	4,135
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(2,289)	(164)
Mortgage-backed securities
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	80	0
In Loss Position Less than 12 months	(115)	0
In Loss Position Greater than 12 months	120	402
In Loss Position Greater than 12 months	(136)	(114)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	200	402
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(251)	(114)
Available-for-sale Securities, Amortized Cost Basis		517
Unrealized Gains		0
Fair Value, Inputs, Level 1 [Member] \| Common stock
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	34,456	28,569
Unrealized Gains	1,646	2,766
Fair Value, Inputs, Level 2 [Member] \| Corporate Debt [Member]
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	15,474	16,916
Unrealized Gains	301	$ 1,044
Fair Value, Inputs, Level 2 [Member] \| Mortgage-backed securities
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	451
Unrealized Gains	$ 0

Trust Investments (Preneed cemetery trust investment security transactions) (Details) - Preneed Cemetery Trust Investments [Member] - Interest Income and Other, Net [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Debt and Equity Securities, FV-NI [Line Items]
Investment income	$ 319	$ 571
Realized gain, net	1,916	1,458
Realized losses	(1,372)	(635)
Expenses and taxes	(187)	(278)
Increase (decrease) in deferred preneed cemetery receipts held in trust	$ (676)	$ (1,116)

Trust Investments (Purchases and sales of investments in preneed cemetery trusts) (Details) - Preneed Cemetery Trust Investments [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Debt and Equity Securities, FV-NI [Line Items]
Purchases	$ (18,857)	$ (11,626)
Sales	$ 13,231	$ 2,992

Trust Investments (Components of preneed funeral trust investments) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Debt and Equity Securities, FV-NI [Line Items]
Preneed funeral trust investments	$ 81,377	$ 96,335
Preneed Funeral Trust Investments [Member]
Debt and Equity Securities, FV-NI [Line Items]
Preneed funeral trust investments, at fair value	84,337	99,246
Less: allowance for contract cancellation	(2,960)	(2,911)
Preneed funeral trust investments	$ 81,377	$ 96,335

Trust Investments (Cost and fair market value associated with preneed funeral trust investments) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Preneed Cemetery Trust Investments [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	$ 78,465	$ 73,009
Unrealized Gains	2,323	5,098
Unrealized Losses	(18,628)	(4,272)
Fair Market Value	62,160	73,835
Preneed cemetery trust investments	$ 63,130	$ 74,572
Preneed cemetery trust investments, fair market value as a percentage of cost (in Percent)	79.20%	101.10%
Preneed Cemetery Trust Investments [Member] \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost		$ 517
Unrealized Gains		0
Unrealized Losses		(114)
Fair Market Value		403
Preneed Cemetery Trust Investments [Member] \| Accrued Investment Income [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	$ 970	737
Fair Market Value	970	737
Preneed Funeral Trust Investments [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	98,670	97,047
Unrealized Gains	2,318	5,672
Unrealized Losses	(17,592)	(4,173)
Fair Market Value	83,396	98,546
Preneed cemetery trust investments	$ 84,337	$ 99,246
Preneed cemetery trust investments, fair market value as a percentage of cost (in Percent)	84.50%	101.50%
Preneed Funeral Trust Investments [Member] \| Accrued Investment Income [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	$ 941	$ 700
Fair Market Value	941	700
Fair Value, Inputs, Level 1 [Member] \| Preneed Cemetery Trust Investments [Member] \| Cash and Money Market Accounts [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	3,516	5,729
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	3,516	5,729
Fair Value, Inputs, Level 1 [Member] \| Preneed Cemetery Trust Investments [Member] \| Common stock
Debt and Equity Securities, FV-NI [Line Items]
Cost	34,456	28,569
Unrealized Gains	1,646	2,766
Unrealized Losses	(11,022)	(3,017)
Fair Market Value	25,080	28,318
Fair Value, Inputs, Level 1 [Member] \| Preneed Funeral Trust Investments [Member] \| Cash and Money Market Accounts [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	22,033	24,160
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	22,033	24,160
Fair Value, Inputs, Level 1 [Member] \| Preneed Funeral Trust Investments [Member] \| U.S. Treasury Debt [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	820	822
Unrealized Gains	17	0
Unrealized Losses	0	0
Fair Market Value	837	822
Fair Value, Inputs, Level 1 [Member] \| Preneed Funeral Trust Investments [Member] \| Common stock
Debt and Equity Securities, FV-NI [Line Items]
Cost	32,946	27,652
Unrealized Gains	1,648	2,773
Unrealized Losses	(10,383)	(2,869)
Fair Market Value	24,211	27,556
Fair Value, Inputs, Level 1 [Member] \| Preneed Funeral Trust Investments [Member] \| Equity Securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost		772
Unrealized Gains		617
Unrealized Losses		4
Fair Market Value		1,385
Fair Value, Inputs, Level 2 [Member] \| Preneed Cemetery Trust Investments [Member] \| Debt Security, Government, Non-US [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	8,294	5,609
Unrealized Gains	180	312
Unrealized Losses	(1,687)	(243)
Fair Market Value	6,787	5,678
Fair Value, Inputs, Level 2 [Member] \| Preneed Cemetery Trust Investments [Member] \| Corporate Debt [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	15,474	16,916
Unrealized Gains	301	1,044
Unrealized Losses	(2,979)	(649)
Fair Market Value	12,796	17,311
Fair Value, Inputs, Level 2 [Member] \| Preneed Cemetery Trust Investments [Member] \| Preferred Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	13,691	14,206
Unrealized Gains	35	904
Unrealized Losses	(2,289)	(164)
Fair Market Value	11,437	14,946
Fair Value, Inputs, Level 2 [Member] \| Preneed Cemetery Trust Investments [Member] \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost	451
Unrealized Gains	0
Unrealized Losses	(251)
Fair Market Value	200
Fair Value, Inputs, Level 2 [Member] \| Preneed Cemetery Trust Investments [Member] \| Fixed Income [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	2,583	1,463
Unrealized Gains	161	72
Unrealized Losses	(400)	(85)
Fair Market Value	2,344	1,450
Fair Value, Inputs, Level 2 [Member] \| Preneed Funeral Trust Investments [Member] \| Debt Security, Government, Non-US [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	8,185	5,587
Unrealized Gains	180	309
Unrealized Losses	(1,631)	(232)
Fair Market Value	6,734	5,664
Fair Value, Inputs, Level 2 [Member] \| Preneed Funeral Trust Investments [Member] \| Corporate Debt [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	14,374	16,109
Unrealized Gains	290	992
Unrealized Losses	(2,826)	(646)
Fair Market Value	11,838	16,455
Fair Value, Inputs, Level 2 [Member] \| Preneed Funeral Trust Investments [Member] \| Preferred Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	13,127	14,094
Unrealized Gains	21	874
Unrealized Losses	(2,198)	(198)
Fair Market Value	10,950	14,770
Fair Value, Inputs, Level 2 [Member] \| Preneed Funeral Trust Investments [Member] \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost	503	585
Unrealized Gains	0	0
Unrealized Losses	(252)	(117)
Fair Market Value	251	468
Fair Value, Inputs, Level 2 [Member] \| Preneed Funeral Trust Investments [Member] \| Fixed Income Securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	2,519	4,364
Unrealized Gains	162	107
Unrealized Losses	(302)	(107)
Fair Market Value	2,379	4,364
Fair Value, Inputs, Level 2 [Member] \| Preneed Funeral Trust Investments [Member] \| Other Investments [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	4,163	2,902
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	$ 4,163	$ 2,902

Trust Investments (Estimated maturities of fixed preneed funeral trust income securities) (Details) - Preneed Funeral Trust Investments [Member] $ in Thousands	Mar. 31, 2020 USD ($)
Debt and Equity Securities, FV-NI [Line Items]
Due in one year or less	$ 0
Due in one to five years	5,044
Due in five to ten years	7,093
Thereafter	18,473
Total	$ 30,610

Trust Investments (Preneed funeral trust investment security transactions) (Details) - Preneed Funeral Trust Investments [Member] - Interest Income and Other, Net [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Debt and Equity Securities, FV-NI [Line Items]
Investment income	$ 258	$ 573
Realized gain, net	2,551	1,320
Realized losses	(1,129)	(583)
Expenses and taxes	(97)	(228)
Decrease in deferred preneed funeral receipts held in trust	$ (1,583)	$ (1,082)

Trust Investments (Purchases and sales of investments in preneed funeral trusts) (Details) - Preneed Funeral Trust Investments [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Debt and Equity Securities, FV-NI [Line Items]
Purchases	$ (18,538)	$ (10,759)
Sales	$ 15,968	$ 2,785

Trust Investments (Unrealized losses on preneed funeral trust investments) (Details) - Preneed Funeral Trust Investments [Member] - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	$ 20,531	$ 6,089
In Loss Position Less than 12 months	(4,822)	(413)
In Loss Position Greater than 12 months	3,414	5,595
In Loss Position Greater than 12 months	(2,085)	(780)
Total	23,945	11,684
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(6,907)	(1,193)
Foreign debt
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	4,605	274
In Loss Position Less than 12 months	(1,152)	(43)
In Loss Position Greater than 12 months	152	723
In Loss Position Greater than 12 months	(479)	(189)
Total	4,757	997
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(1,631)	(232)
Corporate Debt [Member]
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	5,248	1,403
In Loss Position Less than 12 months	(1,357)	(172)
In Loss Position Greater than 12 months	3,127	4,433
In Loss Position Greater than 12 months	(1,469)	(474)
Total	8,375	5,836
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(2,826)	(646)
Preferred stock
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	10,594	4,412
In Loss Position Less than 12 months	(2,198)	(198)
In Loss Position Greater than 12 months	0	0
In Loss Position Greater than 12 months	0	0
Total	10,594	4,412
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(2,198)	(198)
Collateralized Mortgage Backed Securities [Member]
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	84	0
In Loss Position Less than 12 months	(115)	0
In Loss Position Greater than 12 months	135	439
In Loss Position Greater than 12 months	(137)	(117)
Total	219	439
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ (252)	$ (117)

Trust Investments (Narrative) (Details) $ in Thousands	Mar. 31, 2020 USD ($)
Preneed Cemetery and Funeral Trust Investment [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	$ (45,100)
Debt Securities, Available-for-sale, Amortized Cost	245,200
Preneed Cemetery Trust Investments [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	31,220
Preneed Funeral Trust Investments [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	$ 30,610

Trust Investments (Components of Care trusts’ corpus) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Gain (Loss) on Securities [Line Items]
Care trusts’ corpus	$ 52,774	$ 63,416
Perpetual Care Trust Invesments [Member]
Gain (Loss) on Securities [Line Items]
Cemetery perpetual care trust investments, at market value	52,677	64,047
Obligations due to (from) trust	97	(631)
Care trusts’ corpus	$ 52,774	$ 63,416

Trust Investments (Cost and fair market values associated with the trust investments held in perpetual care trust) (Details) - Perpetual Care Trust Invesments [Member] - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	$ 65,406	$ 60,571
Unrealized Gains	1,846	5,869
Unrealized Losses	(15,371)	(2,905)
Fair Market Value	51,881	63,535
Preneed cemetery trust investments	$ 52,677	$ 64,047
Preneed cemetery trust investments, fair market value as a percentage of cost (in Percent)	79.30%	104.90%
Accrued Investment Income [Member]
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	$ 796	$ 512
Fair Market Value	796	512
Fair Value, Inputs, Level 1 [Member] \| Cash and Money Market Accounts [Member]
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	4,128	4,624
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	4,128	4,624
Fair Value, Inputs, Level 1 [Member] \| Common stock
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	26,621	21,594
Unrealized Gains	1,261	3,399
Unrealized Losses	(8,736)	(1,911)
Fair Market Value	19,146	23,082
Fair Value, Inputs, Level 2 [Member] \| Debt Security, Government, Non-US [Member]
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	7,041	4,200
Unrealized Gains	139	238
Unrealized Losses	(1,448)	(175)
Fair Market Value	5,732	4,263
Fair Value, Inputs, Level 2 [Member] \| Corporate debt
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	12,357	11,658
Unrealized Gains	277	802
Unrealized Losses	(2,345)	(534)
Fair Market Value	10,289	11,926
Fair Value, Inputs, Level 2 [Member] \| Preferred Stock [Member]
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	11,988	10,782
Unrealized Gains	45	666
Unrealized Losses	(2,138)	(106)
Fair Market Value	9,895	11,342
Fair Value, Inputs, Level 2 [Member] \| Mortgage-backed securities
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	347	324
Unrealized Gains	0	0
Unrealized Losses	(193)	(71)
Fair Market Value	154	253
Fair Value, Inputs, Level 2 [Member] \| Fixed Income Securities [Member]
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis		233
Unrealized Gains		146
Unrealized Losses		(1)
Fair Market Value		378
Fair Value, Inputs, Level 2 [Member] \| Other Investments [Member]
Gain (Loss) on Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	2,924	7,156
Unrealized Gains	124	618
Unrealized Losses	(511)	(107)
Fair Market Value	$ 2,537	$ 7,667

Trust Investments (Estimated maturities of the fixed income securities) (Details) - Perpetual Care Trust Invesments [Member] $ in Thousands	Mar. 31, 2020 USD ($)
Gain (Loss) on Securities [Line Items]
Due in one year or less	$ 0
Due in one to five years	3,296
Due in five to ten years	6,241
Thereafter	16,533
Total	$ 26,070

Trust Investments (Fixed income securities within our perpetual care trust investment in an unrealized loss position) (Details) - Preneed Funeral Trust Investments [Member] - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Fair market value
In Loss Position Less than 12 months	$ 17,380	$ 4,214
In Loss Position Greater than 12 months	3,047	4,054
Total	20,427	8,268
Unrealized Losses
In Loss Position Less than 12 months	(4,244)	(328)
In Loss Position Greater than 12 months	(1,880)	(558)
Total	(6,124)	(886)
Foreign debt
Fair market value
In Loss Position Less than 12 months	4,069	168
In Loss Position Greater than 12 months	151	549
Total	4,220	717
Unrealized Losses
In Loss Position Less than 12 months	(976)	(26)
In Loss Position Greater than 12 months	(472)	(149)
Total	(1,448)	(175)
Corporate debt
Fair market value
In Loss Position Less than 12 months	4,077	1,057
In Loss Position Greater than 12 months	2,803	3,253
Total	6,880	4,310
Unrealized Losses
In Loss Position Less than 12 months	(1,042)	(196)
In Loss Position Greater than 12 months	(1,303)	(338)
Total	(2,345)	(534)
Preferred stock
Fair market value
In Loss Position Less than 12 months	9,173	2,989
In Loss Position Greater than 12 months	0	0
Total	9,173	2,989
Unrealized Losses
In Loss Position Less than 12 months	(2,138)	(106)
In Loss Position Greater than 12 months	0	0
Total	(2,138)	(106)
Mortgage-backed securities
Fair market value
In Loss Position Less than 12 months	61	0
In Loss Position Greater than 12 months	93	252
Total	154	252
Unrealized Losses
In Loss Position Less than 12 months	(88)	0
In Loss Position Greater than 12 months	(105)	(71)
Total	$ (193)	$ (71)

Trust Investments (Perpetual care trust investment security transactions recorded in Other, net) (Details) - Preneed Funeral Trust Investments [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Gain (Loss) on Securities [Line Items]
Realized gains	$ 709	$ 354
Realized losses, net	(679)	(171)
Net change in Care trusts’ corpus	$ (30)	$ (183)

Trust Investments (Perpetual care trust investment security transactions recorded in Other revenue) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Gain (Loss) on Securities [Line Items]
Total	$ 77,490	$ 69,081
Preneed Funeral Trust Investments [Member]
Gain (Loss) on Securities [Line Items]
Realized losses, net	(679)	(171)
Other revenue
Gain (Loss) on Securities [Line Items]
Total	5,487	3,850
Other revenue \| Preneed Funeral Trust Investments [Member]
Gain (Loss) on Securities [Line Items]
Investment income	1,405	1,087
Realized losses, net	(36)	(290)
Total	$ 1,369	$ 797

Trust Investments (Purchases and sales of investments in the perpetual care trusts) (Details) - Preneed Funeral Trust Investments [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Gain (Loss) on Securities [Line Items]
Purchases	$ (14,612)	$ (9,157)
Sales	$ 12,694	$ 1,702

Receivables Accounts Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Trade and financed receivables	$ 20,594	$ 20,554
Other receivables	1,479	1,773
Allowance for credit losses	(1,228)
Accounts receivable, net	20,845	21,478
Allowance For Bad Debt And Contract Cancellation		(849)
Funeral
Segment Reporting Information [Line Items]
Trade and financed receivables	9,537	10,046
Other receivables	311	935
Allowance for credit losses	(258)
Accounts receivable, net	9,590	10,758
Allowance For Bad Debt And Contract Cancellation		(223)
Cemetery
Segment Reporting Information [Line Items]
Trade and financed receivables	11,057	10,508
Other receivables	870	157
Allowance for credit losses	(970)
Accounts receivable, net	10,957	10,039
Allowance For Bad Debt And Contract Cancellation		(626)
Corporate [Member]
Segment Reporting Information [Line Items]
Trade and financed receivables	0	0
Other receivables	298	681
Allowance for credit losses	0
Accounts receivable, net	$ 298	681
Allowance For Bad Debt And Contract Cancellation		$ 0

Receivables (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
Receivables (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	$ 1,228
Term of sales contract for cemetery interment rights, maximum (in Duration)	5 years
Unearned finance charges associated with receivables	$ 4,404		$ 4,522
Provision for bad debt and credit losses	690	$ 366
Funeral And Cemetery [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for bad debt and credit losses		200
Cemetery
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current	596		580
Lafayette, California [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	600
Accounts Receivable, Allowance for Credit Loss, Current	300
Accounts Receivable, Allowance for Credit Loss, Noncurrent	300
Preneed Cemetery Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(1,704)		(1,290)
Accounts Receivable, Allowance for Credit Loss, Current	2,412		$ 2,405
Provision for bad debt and credit losses	$ 228	$ 200

Receivables (Preneed cemetery receivables) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Debt and Equity Securities, FV-NI [Line Items]
Preneed cemetery receivables	$ 43,404		$ 41,316
Unearned finance charges associated with receivables	(4,404)		(4,522)
Receivables From Preneed Funeral Trust Gross	39,000		36,794
Less: balances due on undelivered cemetery preneed contracts	(5,837)		(4,823)
Preneed cemetery receivables, net	20,402		20,173
Allowance for Contract Cancellations [Roll Forward]
Provision	(690)	$ (366)
Ending balance	1,228
Trade and financed receivables	20,594		20,554
Receivables from Preneed Funeral Trusts	(18,089)		(18,024)
Preneed Funeral Trust Funds Allowance For Contract Cancellation And Credit Loss	(2,674)		(1,916)
Accounts Receivable, after Allowance for Credit Loss	(10,087)		(9,882)
Cemetery
Debt and Equity Securities, FV-NI [Line Items]
Accounts Receivable, before Allowance for Credit Loss, Current	1,500		1,400
Allowance for Contract Cancellations [Roll Forward]
Ending balance	970
Trade and financed receivables	11,057		10,508
Receivables from Preneed Funeral Trusts	3,200		3,100
Preneed Cemetery Receivables [Member]
Debt and Equity Securities, FV-NI [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current	2,412		2,405
Allowance for Doubtful Accounts Receivable, Current, Preneed Receivables	3,937		4,049
Allowance for Contract Cancellations [Roll Forward]
Beginning balance	(1,290)
Write-offs and cancellations	(132)
Provision	(228)	$ (200)
Accounts Receivable, Credit Loss Expense (Reversal), Acquisition	(318)
Ending balance	(1,704)
Cemetery interment rights
Debt and Equity Securities, FV-NI [Line Items]
Preneed cemetery receivables	33,067		31,366
Cemetery merchandise and services
Debt and Equity Securities, FV-NI [Line Items]
Preneed cemetery receivables	10,337		9,950
Cemetery
Debt and Equity Securities, FV-NI [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current	$ 596		$ 580

Receivables (Aging of past due financing receivables) (Details) $ in Thousands	Mar. 31, 2020 USD ($)
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 4,412
Current	38,992
Total Financing Receivables	43,404
Recognized Revenue [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	3,675
Current	28,892
Total Financing Receivables	32,567
Deferred Revenue [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	737
Current	10,100
Total Financing Receivables	10,837
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,050
Financing Receivables, 30 to 59 Days Past Due [Member] \| Recognized Revenue [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	807
Financing Receivables, 30 to 59 Days Past Due [Member] \| Deferred Revenue [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	243
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	623
Financing Receivables, 60 to 89 Days Past Due [Member] \| Recognized Revenue [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	458
Financing Receivables, 60 to 89 Days Past Due [Member] \| Deferred Revenue [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	165
Financing Receivables, 90 to 120 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	334
Financing Receivables, 90 to 120 Days Past Due [Member] \| Recognized Revenue [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	242
Financing Receivables, 90 to 120 Days Past Due [Member] \| Deferred Revenue [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	92
Financing Receivables, Greater Than 120 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	2,405
Financing Receivables, Greater Than 120 Days Past Due [Member] \| Recognized Revenue [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	2,168
Financing Receivables, Greater Than 120 Days Past Due [Member] \| Deferred Revenue [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 237

Receivables Allowance for credit losses by portfolio segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Credit Loss Expense (Reversal)	$ (462)
Accounts Receivable, Allowance for Credit Loss, Writeoff	(287)
Accounts and Financing Receivable, Allowance for Credit Loss, Writeoff	545
Accounts Receivable, Allowance for Credit Loss, Recovery	(175)
Allowance for credit losses	(1,228)	$ (849)
Funeral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Credit Loss Expense (Reversal)	(325)
Accounts Receivable, Allowance for Credit Loss, Writeoff	0
Accounts and Financing Receivable, Allowance for Credit Loss, Writeoff	465
Accounts Receivable, Allowance for Credit Loss, Recovery	(175)
Allowance for credit losses	(258)	(223)
Cemetery
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Credit Loss Expense (Reversal)	(137)
Accounts Receivable, Allowance for Credit Loss, Writeoff	(287)
Accounts and Financing Receivable, Allowance for Credit Loss, Writeoff	80
Accounts Receivable, Allowance for Credit Loss, Recovery	0
Allowance for credit losses	$ (970)	$ (626)

Receivables Amortized cost basis (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	$ 4,450
2019	15,420
2018	8,300
2017	5,050
2016	2,900
Prior	2,880
Receivables From Preneed Funeral Trust Gross	$ 39,000	$ 36,794

Receivables from Preneed Trusts (Narrative) (Details)	3 Months Ended
Receivables from Preneed Trusts (Narrative) (Details)	Mar. 31, 2020
Receivables From Preneed Trusts [Abstract]
Amount at which there is no controlling interest in trust assets (Description)	less than 50%

Receivables from Preneed Trusts (Receivables from preneed funeral trust funds) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Receivables From Preneed Trusts [Abstract]
Preneed trust funds, at cost	$ 18,650	$ 18,581
Less: Allowance for contract cancellation	(561)	(557)
Receivables from preneed trusts, net	$ 18,089	$ 18,024

Receivables from Preneed Trusts Receivables from Preneed Trusts (Composition of Assets Held in Trusts) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Fair Value [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets held-in-trust	$ 18,662	$ 18,659
Fair Value [Member] \| Cash and cash equivalents [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets held-in-trust	4,580	4,533
Fair Value [Member] \| Fixed income investments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets held-in-trust	11,685	11,603
Fair Value [Member] \| Mutual funds and common stocks [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets held-in-trust	2,392	2,518
Fair Value [Member] \| Annuities [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets held-in-trust	5	5
Historical Cost Basis [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets held-in-trust	18,650	18,581
Historical Cost Basis [Member] \| Cash and cash equivalents [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets held-in-trust	4,580	4,533
Historical Cost Basis [Member] \| Fixed income investments [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets held-in-trust	11,685	11,603
Historical Cost Basis [Member] \| Mutual funds and common stocks [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets held-in-trust	2,380	2,440
Historical Cost Basis [Member] \| Annuities [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets held-in-trust	$ 5	$ 5

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2020	Mar. 19, 2014
Convertible Subordinated Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Stated interest rate percentage		2.75%
Long-term debt measured at fair value	$ 6.4
Senior Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt measured at fair value	$ 432.3

Intangible and Other Non-Current Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Other Assets, Noncurrent	$ 113		$ 150
Deferred Costs and Other Assets	33,457		32,116
Amortization of deferred financing costs	200	$ 94
Amortization of capitalized commissions on preneed contracts	141	138
Accumulated Amortization of Other Deferred Costs	$ 1,268		1,127
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Service Contract, Term	8 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Service Contract, Term	10 years
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Other Assets, Noncurrent	$ 26,649		25,233
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	1,100
Commissions [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net	2,903		2,818
Noncompete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net	3,792		3,915
Finite-Lived Intangible Assets, Accumulated Amortization	7,382		$ 7,195
Amortization of Intangible Assets	$ 187	$ 168
Noncompete Agreements [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	1 year
Noncompete Agreements [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	10 years
Credit Agreement 2018 [Member] \| Revolving Credit Facility [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of deferred financing costs	$ 100

CREDIT FACILITY AND ACQUISITION DEBT (Long-term Debt Table) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Debt Instrument [Line Items]
Current maturities on long-term debt	$ (1,085,000)		$ (1,306,000)
Long-term debt, excluding current maturities	5,462,000		5,658,000
Revolving credit facility present accordion provisions	75,000,000
Amortization of Debt Issuance Costs	200,000	$ 94,000
Credit Agreement 2018 [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Carrying value of the liability component			83,800,000
Amortization of Debt Issuance Costs	100,000
Credit Agreement [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt issuance costs			(1,618,000)
Credit Agreement [Member] \| Term Loan [Member]
Debt Instrument [Line Items]
Carrying value of the liability component	112,509,000		82,182,000
Notes Payable, Other Payables [Member] \| Acquisition Debt, Deferred Purchase Price [Member]
Debt Instrument [Line Items]
Carrying value of the liability component	6,547,000		$ 6,964,000
Revolving Credit Facility [Member] \| Credit Agreement [Member]
Debt Instrument [Line Items]
Debt issuance costs	$ (1,491,000)

CREDIT FACILITY AND ACQUISITION DEBT (Narrative) (Details)		3 Months Ended		12 Months Ended
	Nov. 30, 2016 USD ($)	Mar. 31, 2020 USD ($)	Mar. 31, 2019 USD ($)	Dec. 31, 2019 USD ($) letter_of_credit	Dec. 31, 2020
Debt Covenant To Actual Ratios [Line Items]
Letters of Credit \| letter_of_credit				1
Repayments of Long-term Lines of Credit		$ 33,000,000	$ 16,200,000
Revolving credit facility present accordion provisions		75,000,000
Deferred payments	$ 2,000,000
Amortization of Debt Issuance Costs		$ 200,000	94,000
Ratio Actual [Member]
Debt Covenant To Actual Ratios [Line Items]
Ratio of indebtedness to net capital (in Ratio) (below at March 31, 2015)		5.75
Term Loan [Member]
Debt Covenant To Actual Ratios [Line Items]
Revolving credit facility, maximum borrowing capacity		$ 190,000,000
Letter of Credit [Member]
Debt Covenant To Actual Ratios [Line Items]
Revolving credit facility, maximum borrowing capacity		15.0
Swingline [Member]
Debt Covenant To Actual Ratios [Line Items]
Revolving credit facility, maximum borrowing capacity		10.0
Senior Notes [Member]
Debt Covenant To Actual Ratios [Line Items]
Amortization of Debt Issuance Costs		67,000	34,000
Interest Expense, Debt		6,600,000	$ 5,400,000
Debt Instrument, Term			74 months
Credit Agreement [Member]
Debt Covenant To Actual Ratios [Line Items]
Interest Expense, Debt		$ 1,200,000	$ 400,000
Credit Agreement [Member] \| Term Loan [Member]
Debt Covenant To Actual Ratios [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.125%
Prime Rate Option [Member] \| Line of Credit [Member]
Debt Covenant To Actual Ratios [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%
Libor Margin Option [Member] \| Line of Credit [Member]
Debt Covenant To Actual Ratios [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.50%
Series of Individually Immaterial Business Acquisitions [Member]
Debt Covenant To Actual Ratios [Line Items]
Interest Expense, Debt		$ 100,000	$ 200,000
Revolving Credit Facility, Secured, Floating Rate [Member] \| Credit Agreement [Member] \| Revolving Credit Facility [Member]
Debt Covenant To Actual Ratios [Line Items]
Weighted average interest rate		4.30%	4.10%
Revolving Credit Facility, Secured, Floating Rate [Member] \| Line of Credit [Member] \| Revolving Credit Facility [Member]
Debt Covenant To Actual Ratios [Line Items]
Carrying value of the liability component		$ 114,000,000
Revolving Credit Facility, Secured, Floating Rate [Member] \| Line of Credit [Member] \| Revolving Credit Facility [Member] \| Ratio Actual [Member]
Debt Covenant To Actual Ratios [Line Items]
Ratio of indebtedness to net capital (in Ratio) (below at March 31, 2015)		2.00
Ratio of earnings to fixed cost obligations (in Ratio)		1.20
Revolving Credit Facility [Member] \| Credit Agreement 2018 [Member]
Debt Covenant To Actual Ratios [Line Items]
Carrying value of the liability component				$ 83,800,000
Amortization of Debt Issuance Costs		$ 100,000
Forecast \| Ratio Actual [Member]
Debt Covenant To Actual Ratios [Line Items]
Ratio of indebtedness to net capital (in Ratio) (below at March 31, 2015)					5.50
Minimum [Member] \| Deferred Purchase Price Notes [Member]
Debt Covenant To Actual Ratios [Line Items]
Debt Instrument, Imputed Interest Rate		7.30%
Debt Instrument, Term				5 years
Maximum [Member] \| Deferred Purchase Price Notes [Member]
Debt Covenant To Actual Ratios [Line Items]
Debt Instrument, Imputed Interest Rate		10.00%
Debt Instrument, Term				20 years

Convertible Subordinated Notes (Details) - USD ($)	3 Months Ended
Convertible Subordinated Notes (Details) - USD ($)	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Dec. 24, 2018	Mar. 19, 2014
Debt Instrument [Line Items]
Effect of dilutive securities, Convertible junior subordinated debentures (in shares)	0	0
Carrying Values of Liability and Equity Components, Convertible Subordinated Notes
Amortization of Debt Issuance Costs	$ 200,000	$ 94,000
Accumulated Amortization, Debt Issuance Costs	$ 464,000		$ 337,000
Convertible Subordinated Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Discount Rate	11.40%	11.40%
Debt Instrument, Unamortized Debt Issuance Costs	3.20%	3.20%
Stated interest rate percentage					2.75%
Carrying Values of Liability and Equity Components, Convertible Subordinated Notes
Convertible subordinated notes, principal amount			6,318,837
Unamortized discount of liability component	$ (254,000)		(319,000)
Debt issuance costs	(23,000)		(29,000)
Carrying value of the liability component	6,042,000		5,971,000	$ 6,319,000
Carrying value of the equity component	789,000		789,000
Convertible subordinated notes, fair value	6,400,000
Contractual coupon interest expense	43,000	$ 44,000
Accretion of discount, convertible subordinated notes	65,000	$ 57,000
Amortization of Debt Issuance Costs	6,000
Accumulated Amortization, Debt Issuance Costs	$ 136,000		$ 130,000

Convertible Subordinated Notes Convertible Subordinated Notes (Narrative) (Details)		3 Months Ended
	Mar. 31, 2020 USD ($) $ / shares	Mar. 31, 2020 USD ($) $ / shares	Mar. 31, 2019 USD ($)	Dec. 31, 2019 USD ($) $ / shares	Dec. 24, 2018 USD ($)	Mar. 19, 2014
Debt Instrument [Line Items]
Common Stock, Par or Stated Value Per Share \| $ / shares	$ 0.01	$ 0.01		$ 0.01
Deferred Tax Liabilities, Convertible Subordinated Notes	$ 100,000	$ 100,000
Amortization of Debt Issuance Costs		200,000	$ 94,000
Interest Expense		8,428,000	6,328,000
Convertible Subordinated Notes [Member]
Debt Instrument [Line Items]
Convertible subordinated notes, principal amount				$ 6,318,837
Stated interest rate percentage						2.75%
Debt Instrument, Convertible, Conversion Ratio	45.5554
Long-term Debt, Fair Value	$ 6,400,000	6,400,000
Interest Expense, Debt		43,000	$ 44,000
Amortization of Debt Issuance Costs		$ 6,000
Debt Instrument, Convertible, Remaining Discount Amortization Period		11 months
Debt Instrument, Discount Rate		11.40%	11.40%
Accretion of discount, convertible subordinated notes		$ 65,000	$ 57,000
Debt instrument, convertible, conversion price (in dollars per share) \| $ / shares	$ 21.95	$ 21.95
Carrying value of the liability component	$ 6,042,000	$ 6,042,000		$ 5,971,000	$ 6,319,000
Debt Instrument, Unamortized Debt Issuance Costs		3.20%	3.20%

Senior Notes (Details) - USD ($)	3 Months Ended
Senior Notes (Details) - USD ($)	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Debt Instrument [Line Items]
Repayments of Long-term Lines of Credit	$ 33,000,000	$ 16,200,000
Accretion of debt discount, net of debt premium on senior notes	75,000	120,000
Amortization of Debt Issuance Costs	$ 200,000	$ 94,000
Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Term		74 months
Debt Instrument, Interest Rate During Period	6.69%	6.69%
Principal amount	$ 400,000,000		$ 400,000,000
Long-term Debt, Fair Value	$ 432,300,000
Debt Instrument, Discount Rate	6.87%	6.87%
Interest Expense, Debt	$ 6,600,000	$ 5,400,000
Amortization of Debt Issuance Costs	$ 67,000	34,000
Senior Notes [Member] \| Senior Note One [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate During Period	6.69%
Debt Instrument, Discount Rate	6.87%
Accretion of debt discount, net of debt premium on senior notes	$ 129,000	$ 120,000
Senior Notes [Member] \| Senior Note Two [Member]
Debt Instrument [Line Items]
Stated interest rate percentage	6.625%
Debt Instrument, Interest Rate During Period	6.88%
Debt Instrument, Discount Rate	6.20%
Accretion of debt discount, net of debt premium on senior notes	$ (54,000)

Senior Notes Carrying value of the Senior Notes (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Accumulated Amortization, Debt Issuance Costs	$ 464,000	$ 337,000
Senior Notes [Member]
Debt Instrument [Line Items]
Principal amount	400,000,000	400,000,000
Debt discount, net of accumulated amortization of $765 and $894, respectively	(3,981,000)	(4,110,000)
Debt issuance costs, net of accumulated amortization of $216 and $283, respectively	(2,077,000)	(2,131,000)
Carrying value of the Senior Notes	395,575,000	395,447,000
Accumulated amortization, debt discount	129,000	492,000
Accumulated Amortization, Debt Issuance Costs	283,000	216,000
Senior Notes [Member] \| Senior Note Two [Member]
Debt Instrument [Line Items]
Debt Instrument, Unamortized Premium	$ 1,633,000	$ 1,688,000

- Additional Information (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating lease right-of-use assets	$ 21,891	$ 22,304
Present value of lease liabilities	$ 22,942

- Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended
- Lease Costs (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Leases [Abstract]
Operating lease cost	$ 957	$ 924
Short-term lease cost	57	75
Depreciation of leased assets	109	132
Interest on lease liabilities	126	132
Total finance lease cost	235	264
Total lease cost	$ 1,249	$ 1,263

- Cash flow (Details) - USD ($) $ in Thousands	3 Months Ended
- Cash flow (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Leases [Abstract]
Cash paid for operating leases included in operating activities	$ 696	$ 979
Cash paid for finance leases included in financing activities	$ 200	$ 228

LEASES - Right-of-use Assets Obtained in Exchange for New Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Leases [Abstract]
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 77	$ 0
Right-of-use assets obtained in exchange for new finance lease liabilities	$ 0	$ 0

- Carrying Values of Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Finance lease right-of-use assets	$ 6,770	$ 6,770
Accumulated depreciation	(1,675)	(1,566)
Finance lease right-of-use assets, net	$ 5,095	$ 5,204

- Lease Term and Discount Rate (Details)	Mar. 31, 2020
Weighted-average remaining lease term (years)
Operating leases	10 years 8 months 12 days
Finance leases	6 years 8 months 12 days
Weighted-average discount rate
Operating leases	8.10%
Finance leases	8.20%

- Maturities of Operating and Financing Lease Liabilities (Details) $ in Thousands	Mar. 31, 2020 USD ($)
Operating
Remainder of 2020	$ 2,688
2021	3,725
2022	3,365
2023	3,267
2024	3,262
Thereafter	17,799
Total lease payments	34,106
Less: Interest	(11,164)
Present value of lease liabilities	22,942
Finance
Remainder of 2020	628
2021	836
2022	860
2023	860
2024	791
Thereafter	6,291
Total lease payments	10,266
Less: Interest	(4,192)
Present value of lease liabilities	$ 6,074

COMMITMENTS AND CONTINGENCIES (Details) $ in Millions	1 Months Ended
COMMITMENTS AND CONTINGENCIES (Details) $ in Millions	Nov. 30, 2019 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Payments for legal Settlements	$ 0.7

Stockholders' Equity (Narrative) (Details)			3 Months Ended
Stockholders' Equity (Narrative) (Details)	Mar. 01, 2019 USD ($) $ / shares	Mar. 01, 2018 USD ($) $ / shares	Mar. 31, 2020 USD ($) director $ / shares shares	Mar. 31, 2019 USD ($) $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition			1 year 8 months
Number Of Directors \| director			5
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			$ 1,100,000
Directors compensation expense			$ 201,000	$ 114,000
Dividends declared per common share (in dollars per Share) \| $ / shares	$ 0.075	$ 0.075	$ 0.075	$ 0.075
Dividends	$ 1,339,000	$ 1,360,000
Share-Based Compensation Arrangement By Share-Based Payment Award, Non-Option Equity Instruments, Reserved Percentage			200.00%
Stock Repurchase Program, Remaining Authorized Repurchase Amount			$ 25,600,000
Stock Issued During Period, Shares, Employee Stock Purchase Plans \| shares			26,294
Employee Stock Purchase Plan Weighted Average Purchase Price Of Shares Purchased \| $ / shares			$ 13.73
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period \| shares			10,200
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other Than Options, Grants in Period, Aggregate Grant Date Market Value			$ 300,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value \| $ / shares			$ 25.00
ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense			$ 163,000	$ 105,000
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense			$ 184,000	217,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			20.00%
Share-based compensation expense			$ 215,000	204,000
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period \| shares			237,500
Share-Based Compensation Arrangement By Share-Based Payment Award, Equity Instruments Other Than Options, Granted In Period, Fair Value			$ 2,800,000
Officers And Key Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Directors compensation expense			121,000	$ 19,000
Board of Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Quarterly installment of annual cash retainer			$ 35,000
Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross \| shares			8,821
Share Based Compensation Arrangement By Share Based Payment Award, Options, Aggregate Grant Date Fair Value			$ 100,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value \| $ / shares			$ 16.15
Good to Great Incentive Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value			$ 449,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value \| $ / shares			$ 25.00
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross \| shares			17,991
Amended And Restated 2006 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cancelled shares (in shares) \| shares			1,154,000

Stockholders' Equity (AOCI) (Details) $ in Millions	3 Months Ended
Stockholders' Equity (AOCI) (Details) $ in Millions	Mar. 31, 2020 USD ($)
Equity [Abstract]
Beginning balance	$ 0
Decrease in net unrealized gains associated with available-for-sale securities of the trusts	(45,104)
Reclassification of net unrealized gain activity attributable to the Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus	45,104
Ending balance	$ 0

Stockholders' Equity (Weighted Average Assumptions) (Details) - ESPP	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0.01%
Expected volatility	48.63%
Risk-free interest rate		1.56%	1.57%	1.57%	1.54%
Expected holding period (years)		1 year	9 months	6 months	3 months

Stockholders' Equity Cash Dividends (Details) - USD ($) $ / shares in Units, $ in Thousands			3 Months Ended
	Mar. 01, 2019	Mar. 01, 2018	Mar. 31, 2020	Mar. 31, 2019
Equity [Abstract]
Dividends declared per common share (in dollars per Share)	$ 0.075	$ 0.075	$ 0.075	$ 0.075
Dividends	$ 1,339	$ 1,360

Stockholders' Equity Performance Awards Assumptions (Details) - Performance Shares [Member]	Feb. 20, 2019 $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected holding period (years)	4 years 10 months 14 days
Share price at grant date	$ 25.00
Expected volatility	27.73%
Risk-free interest rate	1.41%

Earnings Per Share (EPS Computations) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Less: Earnings allocated to unvested restricted stock	$ (4,197)	$ 6,525
Income (loss) attributable to common stockholders	13	(33)
Income (loss) attributable to common stockholders	$ (4,184)	$ 6,492
Denominator [Abstract]
Denominator for basic earnings per common share - weighted average shares outstanding	17,805,000	18,057,000
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	0	40,000
Effect of dilutive securities, Convertible junior subordinated debentures (in shares)	0	0
Weighted average number of common and common equivalent shares outstanding for diluted EPS computation	17,805,000	18,097,000
Basic and Diluted earnings per common share:
Continuing operations (in dollars per Share)	$ (0.23)	$ 0.36
Continuing operations (in dollars per Share)	$ (0.23)	$ 0.36
Antidilutive securities excluded from computation of diluted EPS	27,000
Stock Options
Basic and Diluted earnings per common share:
Antidilutive securities excluded from computation of diluted EPS	1,034,000	1,307,000

SEGMENT REPORTING (Revenue, pre-tax income and total and total assets by segments) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Revenues	$ 77,490	$ 69,081
Operating Income (Loss)	2,150	15,599
Income before income taxes	(6,347)	9,201
Total assets	1,120,557		$ 1,129,755
Funeral
Segment Reporting Information [Line Items]
Revenues	61,742	56,163
Operating Income (Loss)	4,311	18,076
Income before income taxes	4,119	17,862
Total assets	762,815		790,459
Cemetery
Segment Reporting Information [Line Items]
Revenues	15,748	12,918
Operating Income (Loss)	4,167	3,524
Income before income taxes	4,105	3,585
Total assets	318,960		314,413
Corporate [Member]
Segment Reporting Information [Line Items]
Operating Income (Loss)	(6,328)	(6,001)
Income before income taxes	(14,571)	$ (12,246)
Total assets	$ 38,782		$ 24,883

SEGMENT REPORTING Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Segment Reporting Information [Line Items]
Revenues	$ 77,490	$ 69,081

Supplementary Data (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Other current assets:
Prepaid expenses	$ 1,660	$ 1,596
Deposit on pending acquisition	0	5,000
Other current assets	120	112
Total other current assets	14,447	10,667
Current portion of acquisition debt	1,085	1,306
Current portion of finance lease obligations	298	290
Current portion of operating lease obligations	1,836	1,554
Total current portion of debt and lease obligations	3,219	3,150
Accrued liabilities:
Accrued salaries and wages	2,803	4,323
Accrued incentive compensation	1,009	9,199
Accrued vacation	2,994	2,880
Accrued insurance	2,532	2,329
Accrued interest	8,979	2,299
Accrued ad valorem and franchise taxes	1,063	678
Accrued commissions	565	560
Other accrued liabilities	146	401
Federal income taxes payable	837	1,357
Unrecorded tax benefit	2,860	0
Total accrued liabilities	23,788	24,026
Other long-term liabilities:
Incentive compensation	1,435	1,267
Contingent consideration	0	470
Total other long-term liabilities	1,435	1,737
Federal income taxes receivable
Other current assets:
Income taxes receivable	11,814	2,973
State income taxes receivable
Other current assets:
Income taxes receivable	$ 853	$ 986

Subsequent Events (Details) - USD ($)						3 Months Ended
Subsequent Events (Details) - USD ($)	May 19, 2020	May 18, 2020	Apr. 19, 2020	Mar. 01, 2019	Mar. 01, 2018	Sep. 30, 2020	Mar. 31, 2020	Mar. 31, 2019
Subsequent Event [Line Items]
Dividends declared per common share (in dollars per Share)				$ 0.075	$ 0.075		$ 0.075	$ 0.075
Subsequent Event
Subsequent Event [Line Items]
Dividends declared per common share, increase (in dollars per Share)	$ 0.05
Chief Executive Officer [Member] \| Subsequent Event
Subsequent Event [Line Items]
Base salary, percentage change			15.00%
Chief Operating Officer [Member] \| Subsequent Event
Subsequent Event [Line Items]
Base salary, percentage change			10.00%
Executive Officer [Member] \| Subsequent Event
Subsequent Event [Line Items]
Base salary, percentage change			7.50%
Board of Directors [Member]
Subsequent Event [Line Items]
Quarterly installment of annual cash retainer							$ 35,000
Board of Directors [Member] \| Subsequent Event
Subsequent Event [Line Items]
Quarterly installment of annual cash retainer			$ 29,750
Cash retainer, percentage change			15.00%
Line of Credit [Member] \| Subsequent Event
Subsequent Event [Line Items]
Remaining borrowing capacity		$ 74,000,000
Debt Instrument, Basis Spread on Variable Rate		0.625%
Forecast
Subsequent Event [Line Items]
Dividends declared per common share (in dollars per Share)						$ 0.35