SUBSEQUENT EVENTS	9 Months Ended
Sep. 30, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	19.SUBSEQUENT EVENTS Corporate Office Lease In November 2020, the Company terminated its existing corporate office lease in Trevose, PA resulting in a one-time termination fee of $850,000. Simultaneously, the Company executed a new corporate office lease in Bensalem PA, with a new landlord for an eight year term commencing April 1, 2021. The Company expects that the termination of the original office lease will result in cash savings of approximately $8.0 million over the remaining term of the original lease of eight years. Divestitures On November 3, 2020, the Company completed the Remaining California Sale for a net cash purchase price of $7.1 million, subject to certain adjustments. The Company used net proceeds of $5.7 million to redeem $5.6 million in principal amount of additional Senior Secured Notes as required by the Indenture. On November 6, 2020, the Company entered into an asset sale agreement (the “Clearstone Agreement”) with Clearstone Memorial Partners, LLC to sell substantially all of the Company’s assets in Oregon and Washington, consisting of nine cemeteries, ten funeral establishments and four crematories for a net cash purchase price of $6.2 million, subject to certain adjustments (the “Clearstone Sale”). The Company anticipates that the transaction will close on or before December 31, 2020.

SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2020

19.SUBSEQUENT EVENTS

Corporate Office Lease

In November 2020, the Company terminated its existing corporate office lease in Trevose, PA resulting in a one-time termination fee of $850,000. Simultaneously, the Company executed a new corporate office lease in Bensalem PA, with a new landlord for an eight year term commencing April 1, 2021. The Company expects that the termination of the original office lease will result in cash savings of approximately $8.0 million over the remaining term of the original lease of eight years.

Divestitures

On November 3, 2020, the Company completed the Remaining California Sale for a net cash purchase price of $7.1 million, subject to certain adjustments. The Company used net proceeds of $5.7 million to redeem $5.6 million in principal amount of additional Senior Secured Notes as required by the Indenture.

On November 6, 2020, the Company entered into an asset sale agreement (the “Clearstone Agreement”) with Clearstone Memorial Partners, LLC to sell substantially all of the Company’s assets in Oregon and Washington, consisting of nine cemeteries, ten funeral establishments and four crematories for a net cash purchase price of $6.2 million, subject to certain adjustments (the “Clearstone Sale”). The Company anticipates that the transaction will close on or before December 31, 2020.