SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2020

Organization Consolidation And Presentation Of Financial Statements [Abstract]

CONDENSED CONSOLIDATING BALANCE SHEETS

December 31, 2020	Parent			Partnership			CFS West Virginia			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents, excluding restricted cash	$	—		$	—		$	—		$	37,560	$	1,684		$	—		$	39,244
Restricted cash		—			—			—			20,846		—			—			20,846
Assets held for sale		—			—			—			28,575		—			—			28,575
Other current assets		—			—			3,707			63,010		13,326			—			80,043
Total current assets		—			—			3,707			149,991		15,010			—			168,708
Long-term accounts receivable		—			—			2,085			62,283		10,933			—			75,301
Cemetery and funeral home property and equipment		—			—			452			350,802		31,768			—			383,022
Merchandise trusts		—			—			—			—		501,453			—			501,453
Perpetual care trusts		—			—			—			—		312,228			—			312,228
Deferred selling and obtaining costs		—			—			5,916			91,958		19,026			—			116,900
Intangible assets		—			—			—			45		55,049			—			55,094
Other assets		—			—			—			19,667		2,590			—			22,257
Investments in and amounts due from affiliates eliminated upon consolidation		—			286,146			—			632,684		—			(918,830	)		—
Total assets	$	—		$	286,146		$	12,160		$	1,307,430	$	948,057		$	(918,830	)	$	1,634,963
Liabilities and Owners' Equity
Other current liabilities		—			—			245			50,300		1,585			—			52,130
Liabilities held for sale		—			—			—			23,406		—			—			23,406
Long-term debt, net of deferred financing costs		—			286,146			32,531			2,038		—			—			320,715
Deferred revenues		—			—			34,994			791,111		123,059			—			949,164
Perpetual care trust corpus		—			—			—			—		312,228			—			312,228
Other long-term liabilities		—			—			—			52,588		17,145			—			69,733
Investments in and amounts due to affiliates eliminated upon consolidation		92,413			92,413			202,924			318,677		544,814			(1,251,241	)		—
Total liabilities		92,413			378,559			270,694			1,238,120		998,831			(1,251,241	)		1,727,376
Owners' equity		(92,413	)		(92,413	)		(258,534	)		69,310		(50,774	)		332,411			(92,413	)
Total liabilities and owners' equity	$	—		$	286,146		$	12,160		$	1,307,430	$	948,057		$	(918,830	)	$	1,634,963

CONDENSED CONSOLIDATING BALANCE SHEET (continued)

December 31, 2019	Parent			Partnership			CFS West Virginia			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents, excluding restricted cash	$	—		$	—		$	—		$	33,553	$	1,314		$	—		$	34,867
Restricted cash		—			—			—			21,900		—			—			21,900
Assets held for sale		—			—			—			136,695		—			—			136,695
Other current assets		—			—			3,497			60,487		11,531			—			75,515
Total current assets		—			—			3,497			252,635		12,845			—			268,977
Long-term accounts receivable		—			—			2,557			60,383		9,868			—			72,808
Cemetery and funeral home property and equipment		—			—			609			359,718		31,770			—			392,097
Merchandise trusts		—			—			—			—		477,165			—			477,165
Perpetual care trusts		—			—			—			—		314,400			—			314,400
Deferred selling and obtaining costs		—			—			5,654			86,983		18,047			—			110,684
Intangible assets		—			—			—			136		56,110			—			56,246
Other assets		—			—			—			24,424		2,567			—			26,991
Investments in and amounts due from affiliates eliminated upon consolidation		—			301,531			—			608,332		—			(909,863	)		—
Total assets	$	—		$	301,531		$	12,317		$	1,392,611	$	922,772		$	(909,863	)	$	1,719,368
Liabilities and Owners' Equity
Other current liabilities		—			—			161			53,726		1,466			—			55,353
Liabilities held for sale		—			—			—			101,704		—			—			101,704
Long-term debt, net of deferred financing costs		—			301,531			66,239			193		—			—			367,963
Deferred revenues		—			—			33,349			753,142		113,498			—			899,989
Perpetual care trust corpus		—			—			—			—		314,400			—			314,400
Other long-term liabilities		—			—			—			66,076		16,373			—			82,449
Investments in and amounts due to affiliates eliminated upon consolidation		102,490			102,490			183,611			367,770		527,639			(1,284,000	)		—
Total liabilities		102,490			404,021			283,360			1,342,611		973,376			(1,284,000	)		1,821,858
Owners' equity		(102,490	)		(102,490	)		(271,043	)		50,000		(50,604	)		374,137			(102,490	)
Total liabilities and owners' equity	$	—		$	301,531		$	12,317		$	1,392,611	$	922,772		$	(909,863	)	$	1,719,368

Condensed Consolidating Statements of Operations

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

Year Ended December 31, 2020	Parent			Partnership			CFS West Virginia			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Total revenues	$	—		$	—		$	5,391		$	231,544		$	54,826		$	(12,222	)	$	279,539
Total costs and expenses		—			—			(12,042	)		(224,513	)		(51,994	)		12,222			(276,327	)
Other gains (losses), net		—			—			—			129			—			—			129
Net (loss) income from equity investment in subsidiaries		(8,359	)		25,768			3,137			—			—			(20,546	)		—
Interest expense		—			(34,127	)		(5,118	)		(5,102	)		(1,190	)		—			(45,537	)
(Loss) income from continuing operations before income taxes		(8,359	)		(8,359	)		(8,632	)		2,058			1,642			(20,546	)		(42,196	)
Income tax benefit		—			—			—			4,855			—			—			4,855
Net (loss) income from continuing operations		(8,359	)		(8,359	)		(8,632	)		6,913			1,642			(20,546	)		(37,341	)
Income from operations of discontinued businesses		—			—			—			28,982			—			—			28,982
Income tax expense		—			—			—			—			—			—			—
Net income from discontinued operations		—			—			—			28,982			—			—			28,982
Net (loss) income	$	(8,359	)	$	(8,359	)	$	(8,632	)	$	35,895		$	1,642		$	(20,546	)	$	(8,359	)

Year Ended December 31, 2019	Parent			Partnership			CFS West Virginia			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Total revenues	$	—		$	—		$	5,041		$	210,059		$	49,068		$	(6,926	)	$	257,242
Total costs and expenses		—			—			(15,181	)		(235,048	)		(53,954	)		6,926			(297,257	)
Other gains (losses), net		—			—			(46	)		(5,568	)		(2,299	)		—			(7,913	)
Net loss from equity investment in subsidiaries		(151,942	)		(125,840	)		(120,653	)		—			—			398,435			—
Interest expense		—			(25,164	)		(10,505	)		(8,453	)		(1,124	)		—			(45,246	)
Loss on debt extinguishment		—			(938	)		(1,441	)		(6,099	)		—			—			(8,478	)
Loss on goodwill impairment		—			—			—			(24,206	)		(656	)		—			(24,862	)
Loss from continuing operations before income taxes		(151,942	)		(151,942	)		(142,785	)		(69,315	)		(8,965	)		398,435			(126,514	)
Income tax expense		—			—			—			(28,204	)		—			—			(28,204	)
Net loss from continuing operations		(151,942	)		(151,942	)		(142,785	)		(97,519	)		(8,965	)		398,435			(154,718	)
Income from operations of discontinued businesses		—			—			—			2,776			—			—			2,776
Income tax expense		—			—			—			—			—			—			—
Net income from discontinued operations		—			—			—			2,776			—			—			2,776
Net loss	$	(151,942	)	$	(151,942	)	$	(142,785	)	$	(94,743	)	$	(8,965	)	$	398,435		$	(151,942	)

Condensed Consolidating Statement of Cash Flows

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

Year Ended December 31, 2020	Parent			Partnership		CFS West Virginia			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by operating activities	$	—		$	—	$	89		$	37,742		$	2,774		$	(39,245	)	$	1,360
Cash Flows From Investing Activities:
Cash paid for capital expenditures, net of proceeds from divestitures		—			—		(38	)		53,115			(2,094	)		—			50,983
Payments to affiliates		(17,000	)		—		—			—			—			17,000			—
Net cash used in investing activities		(17,000	)		—		(38	)		53,115			(2,094	)		17,000			50,983
Cash Flows From Financing Activities:
Payments from affiliates		—			—		—			(22,245	)		—			22,245			—
Proceeds from issuance of Series A Preferred Stock		8,800			—		—			—			—			—			8,800
Proceeds from issuance of Common Stock		8,200			—		—			—			—			—			8,200
Net borrowings and repayments of debt		—			—		(51	)		(61,443	)		(310	)		—			(61,804	)
Other financing activities		—			—		—			(4,216	)		—			—			(4,216	)
Net cash used in financing activities		17,000			—		(51	)		(87,904	)		(310	)		22,245			(49,020	)
Net increase (decrease) in cash and cash equivalents and restricted cash		—			—		—			2,953			370			—			3,323
Cash and cash equivalents and restricted cash—Beginning of period		—			—		—			55,453			1,314			—			56,767
Cash and cash equivalents and restricted cash—End of period	$	—		$	—	$	—		$	58,406		$	1,684		$	—		$	60,090

Year Ended December 31, 2019	Parent		Partnership			CFS West Virginia			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by operating activities	$	—	$	—		$	280		$	(1,662	)	$	(935	)	$	(35,669	)	$	(37,986	)
Cash Flows From Investing Activities:
Cash paid for capital expenditures, net of proceeds from divestitures		—		—			(232	)		(644	)		713			—			(163	)
Payments to affiliates		—		(390,238	)		(73,087	)		—			—			463,325			—
Net cash used in investing activities		—		(390,238	)		(73,319	)		(644	)		713			463,325			(163	)
Cash Flows From Financing Activities:
Payments from affiliates		—		—			—			427,656			—			(427,656	)		—
Proceeds from issuance of redeemable convertible preferred units, net		—		57,500			—			—			—			—			57,500
Net borrowings and repayments of debt		—		332,738			73,039			(367,746	)		(313	)		—			37,718
Other financing activities		—		—			—			(18,449	)		—			—			(18,449	)
Net cash used in financing activities		—		390,238			73,039			41,461			(313	)		(427,656	)		76,769
Net increase (decrease) in cash and cash equivalents and restricted cash		—		—			—			39,155			(535	)		—			38,620
Cash and cash equivalents and restricted cash— Beginning of period		—		—			—			16,298			1,849			—			18,147
Cash and cash equivalents and restricted cash— End of period	$	—	$	—		$	—		$	55,453		$	1,314		$	—		$	56,767