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DEFERRED REVENUES AND COSTS (Tables)
6 Months Ended
Jun. 30, 2020
Revenue From Contract With Customer [Abstract]  
Schedule of Deferred Revenues and Related Costs

Deferred revenues and related costs consisted of the following (in thousands):

 

 

 

June 30, 2020

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

Deferred contract revenues

 

$

829,390

 

 

$

837,190

 

Deferred merchandise trust revenue

 

 

97,841

 

 

 

104,304

 

Deferred merchandise trust unrealized gains (losses)

 

 

(16,361

)

 

 

7,881

 

Deferred revenues

 

$

910,870

 

 

$

949,375

 

Deferred selling and obtaining costs

 

$

115,401

 

 

$

114,944

 

Schedule of Customer Contract Liabilities, Net

The components of the customer contract liabilities, net in the Company’s consolidated balance sheets at June 30, 2020 and December 31, 2019 were as follows (in thousands):

 

 

 

June 30, 2020

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

Customer contract liabilities, gross

 

$

934,044

 

 

$

974,927

 

Amounts due from customers for unfulfilled performance obligations on cancellable pre-need contracts

 

 

(23,174

)

 

 

(25,552

)

Customer contract liabilities, net

 

$

910,870

 

 

$

949,375