ACQUISITIONS AND DIVESTITURES (Tables)

3 Months Ended

Mar. 31, 2021

Acquisitions And Divestitures [Abstract]

Summary of Results of Discontinued Operations

The following table summarizes the results of discontinued operations for the three months ended March 31, 2021 and 2020 (in thousands):

	Three Months Ended March 31,
	2021			2020
Cemetery revenues	$	1,142		$	3,269
Funeral home revenues		1,146			2,874
Cost of goods sold		(191	)		(511	)
Cemetery expense		(233	)		(900	)
Selling expense		(231	)		(998	)
General and administrative expense		(151	)		(801	)
Depreciation and amortization		(40	)		(145	)
Funeral home expenses		(694	)		(2,168	)
Interest expense		(166	)		(931	)
Income (loss) from discontinued operations before income taxes		582			(311	)
Net gain on sale of businesses		7			24,086
Income tax expense		—			—
Net income from discontinued operations	$	589		$	23,775

Schedule of Assets and Liabilities Classified as Assets Held for Sale and Depreciation and Amortization, Capital Expenditures, Sale Proceeds and Significant Operating Noncash Items of Discontinued Operations

The following table summarizes the major classes of assets and liabilities that have been classified as held for sale on the Company’s unaudited condensed consolidated balance sheets:

	March 31, 2021						December 31, 2020
	Clearstone		Other		Total		Clearstone		Other		Total
Assets
Current assets:
Accounts receivable, net of allowance	$	223	$	—	$	223	$	230	$	—	$	230
Prepaid expenses and other current assets		97		—		97		104		—		104
Total current assets held for sale		320		—		320		334		—		334
Long-term accounts receivable, net of allowance		211		—		211		193		—		193
Cemetery property		3,491		350		3,841		3,492		350		3,842
Property and equipment, net of accumulated depreciation		2,482		—		2,482		2,529		—		2,529
Merchandise trusts, restricted, at fair value		15,411		—		15,411		14,831		—		14,831
Perpetual care trusts, restricted, at fair value		4,641		—		4,641		4,518		—		4,518
Deferred selling and obtaining costs		1,899		—		1,899		1,865		—		1,865
Other assets		453		—		453		463		—		463
Total assets held for sale	$	28,908	$	350	$	29,258	$	28,225	$	350	$	28,575
Liabilities
Current liabilities:
Accounts payable and accrued liabilities	$	63	$	—	$	63	$	51	$	—	$	51
Other current liabilities		—		—		—		—		—		—
Total current liabilities held for sale		63		—		63		51		—		51
Deferred revenues		19,084		—		19,084		18,456		—		18,456
Perpetual care trust corpus		4,641		—		4,641		4,518		—		4,518
Other long-term liabilities		358		—		358		381		—		381
Total liabilities held for sale	$	24,146	$	—	$	24,146	$	23,406	$	—	$	23,406

The following table presents the depreciation and amortization, capital expenditures, sale proceeds and significant operating noncash items of the discontinued operations for the three months ended March 31, 2021 and 2020 (in thousands):

	Three Months Ended March 31,
	2021		2020
Cash flows from discontinued operating activities:
Depreciation and amortization	$	40	$	145
Gains on sales of discontinued operations businesses		7		24,086
Cash flows from discontinued investing activities:
Capital expenditures	$	10	$	34
Proceeds from sales of discontinued businesses		—		28,190