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

9 Months Ended

Sep. 30, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Accounts receivable was comprised of the following at December 31, 2016 and September 30, 2017 (in thousands):



	December 31, 2016		September 30, 2017
Funeral receivables, net of allowance for bad debt of $189 and $197, respectively	$	8,664	$	7,865
Cemetery receivables, net of allowance for bad debt of $557 and $603, respectively	9,862		10,552
Other receivables	334		404
Accounts receivable, net	$	18,860	$	18,821

Non-current preneed receivables represent payments expected to be received beyond one year from the balance sheet date. Preneed receivables were comprised of the following at December 31, 2016 and September 30, 2017 (in thousands):



	December 31, 2016		September 30, 2017
Funeral receivables, net of allowance for bad debt of $862 and $883, respectively	$	7,761	$	7,943
Cemetery receivables, net of allowance for bad debt of $1,304 and $1,347, respectively	22,622		23,336
Preneed receivable, net	$	30,383	$	31,279

Property, Plant and Equipment

Property, plant and equipment was comprised of the following at December 31, 2016 and September 30, 2017 (in thousands):



	December 31, 2016			September 30, 2017
Land	$	73,744		$	73,503
Buildings and improvements	195,214			201,444
Furniture, equipment and automobiles	76,664			74,170
Property, plant and equipment, at cost	345,622			349,117
Less: accumulated depreciation	(110,509		)	(113,616		)
Property, plant and equipment, net	$	235,113		$	235,501

Schedule of Error Corrections and Prior Period Adjustments

As a result, in accordance with SAB No. 108, we corrected our Consolidated Balance Sheets as of January 1, 2015.

The effect of this adjustment on our Consolidated Balance Sheets as of December 31, 2016 is as follows (dollars in thousands):



			% Change
Increase in Deferred tax liability	$	2,255	5.6	%
Increase in Total liabilities	$	2,255	0.3	%
Decrease in Retained earnings	$	2,255	9.8	%
Decrease in Total stockholders' equity	$	2,255	1.3	%