Receivables (Tables)

3 Months Ended

Mar. 31, 2026

Preneed Cemetery Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Accounts receivable is comprised of the following (in thousands):

	March 31, 2026
Column1	Funeral		Cemetery		Corporate		Total
Trade and financed receivables	$	6,123	$	32,283	$	—	$	38,406
Other receivables	910		3,573		1,864		6,347
Allowance for credit losses	(324)		(2,258)		—		(2,582)
Accounts receivable, net	$	6,709	$	33,598	$	1,864	$	42,171

	December 31, 2025
Column1	Funeral		Cemetery		Corporate		Total
Trade and financed receivables	$	7,369	$	31,267	$	—	$	38,636
Other receivables	1,245		2,614		1,726		5,585
Allowance for credit losses	(363)		(3,211)		—		(3,574)
Accounts receivable, net	$	8,251	$	30,670	$	1,726	$	40,647

Our cemetery receivables are comprised of the following (in thousands):

	March 31, 2026		December 31, 2025
Interment rights	$	101,755	$	99,741
Merchandise and services	17,666		17,761
Unearned finance charges	4,881		4,805
Cemetery receivables	$	124,302	$	122,307

The components of our cemetery receivables are as follows (in thousands):

	March 31, 2026		December 31, 2025
Cemetery receivables	$	124,302	$	122,307
Less: unearned finance charges	(4,881)		(4,805)
Cemetery receivables, at amortized cost	$	119,421	$	117,502
Less: allowance for contract cancellation and credit losses	(5,959)		(5,812)
Less: balances due on undelivered cemetery preneed contracts	(16,789)		(16,579)
Less: amounts in accounts receivable	(30,025)		(28,056)
Preneed cemetery receivables, net	$	66,648	$	67,055

The amortized cost basis of our cemetery receivables by year of origination as of March 31, 2026 is as follows (in thousands):

	2026		2025		2024		2023		2022		Prior		Total
Total cemetery receivables, at amortized cost	$	19,451	$	49,590	$	30,204	$	12,323	$	5,806	$	2,047	$	119,421

Preneed Cemetery Receivables

The following table summarizes the activity in our allowance for credit losses by portfolio segment for the three months ended March 31, 2026 (in thousands):

	January 1, 2026		Provision for Credit Losses		Write Offs		Recoveries		March 31, 2026
Trade and financed receivables:
Funeral	$	(363)	$	(92)	$	335	$	(204)	$	(324)
Cemetery	(3,211)		(308)		1,261		—		(2,258)
Total allowance for credit losses on trade and financed receivables	$	(3,574)	$	(400)	$	1,596	$	(204)	$	(2,582)

The following table summarizes the activity in our allowance for credit losses for Preneed cemetery receivables, net for the three months ended March 31, 2026 (in thousands):

	January 1, 2026		Provision for Credit Losses		Write Offs		March 31, 2026
Total allowance for credit losses on Preneed cemetery receivables, net	$	(2,601)	$	(536)	$	(565)	$	(3,702)

Aging of Past Due Financing Receivables

The aging of past due cemetery receivables as of March 31, 2026 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	$	3,065	$	1,242	$	786	$	5,945	$	11,038	$	91,594	$	102,632
Deferred revenue	521		190		222		2,758		3,691		17,979		21,670
Total contracts	$	3,586	$	1,432	$	1,008	$	8,703	$	14,729	$	109,573	$	124,302