| Schedule of Accounts, Notes, Loans and Financing Receivable |
Accounts receivable is comprised of the following (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | Column1 | Funeral | | Cemetery | | Corporate | | Held for Sale | | Total | | Trade and financed receivables | $ | 6,972 | | | $ | 26,292 | | | $ | — | | | $ | (1) | | | $ | 33,263 | | | Other receivables | 969 | | | 1,425 | | | 713 | | | — | | | 3,107 | | | Allowance for credit losses | (358) | | | (1,182) | | | — | | | — | | | (1,540) | | | Accounts receivable, net | $ | 7,583 | | | $ | 26,535 | | | $ | 713 | | | $ | (1) | | | $ | 34,830 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | Column1 | Funeral | | Cemetery | | Corporate | | Held for Sale | | Total | | Trade and financed receivables | $ | 7,085 | | | $ | 24,355 | | | $ | — | | | $ | (833) | | | $ | 30,607 | | | Other receivables | 557 | | | 345 | | | — | | | — | | | 902 | | | Allowance for credit losses | (302) | | | (1,014) | | | — | | | — | | | (1,316) | | | Accounts receivable, net | $ | 7,340 | | | $ | 23,686 | | | $ | — | | | $ | (833) | | | $ | 30,193 | |
Our cemetery receivables are comprised of the following (in thousands): | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | Interment rights | $ | 87,512 | | | $ | 79,436 | | | Merchandise and services | 13,614 | | | 13,128 | | | Unearned finance charges | 4,787 | | | 4,983 | | | Cemetery receivables | $ | 105,913 | | | $ | 97,547 | |
The components of our cemetery receivables are as follows (in thousands): | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | Cemetery receivables | $ | 105,913 | | | $ | 97,547 | | | Less: unearned finance charges | (4,787) | | | (4,983) | | | Cemetery receivables, at amortized cost | $ | 101,126 | | | $ | 92,564 | | | Less: allowance for contract cancellation and credit losses | (3,544) | | | (3,018) | | | Less: balances due on undelivered cemetery preneed contracts | (15,750) | | | (13,576) | | | Less: amounts in accounts receivable | (25,110) | | | (23,341) | | | Preneed cemetery receivables, net including HFS | $ | 56,722 | | | $ | 52,629 | | | Less: Held for sale | (5) | | | (1,671) | | | Preneed cemetery receivables, net | $ | 56,717 | | | $ | 50,958 | |
The amortized cost basis of our cemetery receivables by year of origination as of June 30, 2025 is as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Total | | Total cemetery receivables, at amortized cost | $ | 30,003 | | | $ | 39,497 | | | $ | 17,377 | | | $ | 9,396 | | | $ | 3,431 | | | $ | 1,422 | | | $ | 101,126 | |
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| Preneed Cemetery Receivables |
The following table summarizes the activity in our allowance for credit losses by portfolio segment for the six months ended June 30, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | January 1, 2025 | | Provision for Credit Losses | | Write Offs | | Recoveries | | June 30, 2025 | | Trade and financed receivables: | | | | | | | | | | | Funeral | $ | 302 | | | $ | (518) | | | $ | 232 | | | $ | (374) | | | $ | (358) | | | Cemetery | (1,014) | | | (577) | | | 1,591 | | | — | | | — | | | Total allowance for credit losses on trade and financed receivables | $ | (712) | | | $ | (1,095) | | | $ | 1,823 | | | $ | (374) | | | $ | (358) | |
The following table summarizes the activity in our allowance for credit losses for Preneed cemetery receivables, net for the six months ended June 30, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | January 1, 2025 | | Provision for Credit Losses | | Write Offs | | | | June 30, 2025 | Total allowance for credit losses on Preneed cemetery receivables, net | $ | (2,004) | | | $ | (878) | | | $ | 520 | | | | | $ | (2,362) | |
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| Aging of Past Due Financing Receivables |
The aging of past due cemetery receivables as of June 30, 2025 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 | $ | 1,857 | | | $ | 1,142 | | | $ | 668 | | | $ | 3,263 | | | $ | 6,930 | | | $ | 78,446 | | | $ | 85,376 | | | Deferred revenue | 515 | | | 168 | | | 184 | | | 626 | | | 1,493 | | | 19,044 | | | 20,537 | | | Total contracts | $ | 2,372 | | | $ | 1,310 | | | $ | 852 | | | $ | 3,889 | | | $ | 8,423 | | | $ | 97,490 | | | $ | 105,913 | |
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