StoneMor 10-K 29 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Feb. 12, 2016	Jun. 30, 2015
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	STON
Entity Registrant Name	STONEMOR PARTNERS LP
Entity Central Index Key	1,286,131
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		32,648,469
Entity Public Float			$ 799

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 15,153	$ 10,401
Accounts receivable, net of allowance	68,415	62,503
Prepaid expenses	5,367	4,708
Other current assets	18,863	24,266
Total current assets	107,798	101,878
Long-term accounts receivable, net of allowance	95,167	89,536
Cemetery property	342,639	339,848
Property and equipment, net of accumulated depreciation	104,330	100,391
Merchandise trusts, restricted, at fair value	464,676	484,820
Perpetual care trusts, restricted, at fair value	307,804	345,105
Deferred selling and obtaining costs	111,542	97,795
Deferred tax assets	40	40
Goodwill and intangible assets	137,060	127,826
Other assets	15,069	3,136
Total assets	1,686,125	1,690,375
Current liabilities:
Accounts payable and accrued liabilities	31,875	35,382
Accrued interest	1,503	1,219
Current portion, long-term debt	2,440	2,251
Total current liabilities	35,818	38,852
Long-term debt, net of deferred financing costs	316,399	276,289
Deferred cemetery revenues, net	637,536	643,408
Deferred tax liabilities	17,833	17,708
Merchandise liability	173,097	150,192
Perpetual care trust corpus	307,804	345,105
Other long-term liabilities	13,960	10,059
Total liabilities	$ 1,502,447	$ 1,481,613
Commitments and contingencies
Partners' Capital
General partner interest	$ (10,038)	$ (5,113)
Common limited partners' interests	193,716	213,875
Total partners' capital	183,678	208,762
Total liabilities and partners' capital	$ 1,686,125	$ 1,690,375

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues:
Total revenues	$ 305,640	$ 288,085	$ 246,641
Costs and Expenses:
Cost of goods sold	38,924	33,652	27,859
Selling expense	58,884	55,277	47,832
General and administrative expense	36,371	35,110	31,873
Corporate overhead	38,609	34,723	29,926
Depreciation and amortization	12,803	11,081	9,548
Total cost and expenses	304,300	274,225	240,258
Operating income	1,340	13,860	6,383
Gain on acquisitions and divestitures	1,540	656	2,685
Gain on settlement agreement, net		888	12,261
Legal settlement	(3,135)
Loss on early extinguishment of debt		(214)	(21,595)
Loss on impairment of long-lived assets	(296)	(440)
Interest expense	(22,585)	(21,610)	(21,070)
Loss before income taxes	(23,136)	(6,860)	(21,336)
Income tax benefit (expense)	(1,108)	(3,913)	2,304
Net loss	(24,244)	(10,773)	(19,032)
General partner's interest for the period	(315)	(155)	(350)
Limited partners' interest for the period	$ (23,929)	$ (10,618)	$ (18,682)
Net loss per limited partner unit (basic and diluted)	$ (0.79)	$ (0.40)	$ (0.89)
Weighted average number of limited partners' units outstanding (basic and diluted)	30,472	26,582	20,954
Cemetery
Revenues:
Merchandise	$ 131,862	$ 132,355	$ 110,673
Services	56,243	51,827	44,054
Investment and other	59,765	55,217	46,959
Total revenues	247,870	239,399	201,686
Costs and Expenses:
Cemetery expense	71,296	64,672	57,566
Depreciation and amortization	7,766	6,904	5,336
Operating income	34,629	43,784	31,220
Funeral Home
Revenues:
Merchandise	26,722	21,060	18,922
Services	31,048	27,626	26,033
Total revenues	57,770	48,686	44,955
Costs and Expenses:
Cost of goods sold	6,928	6,659	5,569
Services	22,959	20,470	19,190
Other	17,526	12,581	10,895
Depreciation and amortization	3,257	3,200	3,036
Operating income	$ 7,100	$ 5,776	$ 6,265

Consolidated Statement of Partn

Consolidated Statement of Partners' Capital - USD ($) $ in Thousands	Total	Outstanding Common Units	Common Limited Partners	General Partner
Beginning Balance at Dec. 31, 2012	$ 135,182	$ 19,568	$ 134,796	$ 386
Issuance of common units	38,377	1,775	38,377
General partner contribution	3,718		3,718
Common unit awards under incentive plans	1,328	34	1,328
Net loss	(19,032)		(18,682)	(350)
Cash distributions	(52,053)		(49,880)	(2,173)
Ending Balance at Dec. 31, 2013	107,520	21,377	109,657	(2,137)
Issuance of common units	176,558	7,546	176,558
Common unit awards under incentive plans	1,068	169	1,068
Net loss	(10,773)		(10,618)	(155)
Cash distributions	(62,836)		(60,015)	(2,821)
Unit distributions paid in kind	(2,775)	112	(2,775)
Ending Balance at Dec. 31, 2014	208,762	29,204	213,875	(5,113)
Issuance of common units	80,976	2,692	80,976
Common unit awards under incentive plans	1,516	8	1,516
Net loss	(24,244)		(23,929)	(315)
Cash distributions	(77,512)		(72,902)	(4,610)
Unit distributions paid in kind	(5,820)	205	(5,820)
Ending Balance at Dec. 31, 2015	$ 183,678	$ 32,109	$ 193,716	$ (10,038)

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash Flows From Operating Activities:
Net loss	$ (24,244)	$ (10,773)	$ (19,032)
Adjustments to reconcile net loss to net cash provided by operating activities:
Cost of lots sold	13,103	10,291	8,019
Depreciation and amortization	12,803	11,081	9,548
Non-cash compensation expense	1,516	1,068	1,370
Non-cash interest expense	2,949	2,939	2,303
Gain on acquisitions and divestitures	(1,540)	(656)	(2,685)
Loss on early extinguishment of debt		214	21,595
Loss on impairment of long-lived assets	296	440
Changes in assets and liabilities:
Accounts receivable, net of allowance	(8,873)	(10,356)	(8,834)
Merchandise trust fund	(52,332)	(28,828)	(36,919)
Other assets	(7,193)	(3,179)	(2,177)
Deferred selling and obtaining costs	(13,747)	(9,797)	(11,681)
Deferred cemetery revenue	78,676	60,841	72,708
Deferred taxes (net)	157	2,743	(2,865)
Payables and other liabilities	2,491	(6,580)	3,727
Net cash provided by operating activities	4,062	19,448	35,077
Cash Flows From Investing Activities:
Cash paid for capital expenditures	(15,339)	(14,574)	(12,752)
Cash paid for acquisitions	(18,800)	(56,381)	(14,100)
Consideration for lease and management agreements		(53,000)
Proceeds from asset sales		297	155
Net cash used in investing activities	(34,139)	(123,658)	(26,697)
Cash Flows From Financing Activities:
Cash distributions	(77,512)	(62,836)	(52,053)
Proceeds from borrowings	148,295	92,865	269,502
Repayments of debt	(111,034)	(98,140)	(239,932)
Proceeds from issuance of common units	75,156	173,497	38,377
Fees paid related to early extinguishment of debt			(14,920)
Cost of financing activities	(76)	(2,950)	(5,125)
Net cash provided by (used in) financing activities	34,829	102,436	(4,151)
Net increase (decrease) in cash and cash equivalents	4,752	(1,774)	4,229
Cash and cash equivalents - Beginning of period	10,401	12,175	7,946
Cash and cash equivalents - End of period	15,153	10,401	12,175
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	19,352	18,796	18,907
Cash paid during the period for income taxes	4,294	4,315	3,891
Non-cash investing and financing activities:
Acquisition of assets by financing	874	387	190
Issuance of limited partner units for cemetery acquisition			3,718
Acquisition of assets by assumption of directly related liability	$ 876	$ 8,368	$ 3,924

GENERAL

GENERAL	12 Months Ended
	Dec. 31, 2015
GENERAL	1. GENERAL Nature of Operations StoneMor Partners L.P. ( the “Partnership”) is a provider of funeral and cemetery products and services in the death care industry in the United States. As of December 31, 2015, the Partnership operated 307 cemeteries in 27 states and Puerto Rico, of which 276 are owned and 31 are operated under lease, management or operating agreements. The Partnership also owned and operated 105 funeral homes in 19 states and Puerto Rico. Basis of Presentation The consolidated financial statements included in this Form 10-K have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Partnership’s presentation of its deferred financing costs within its consolidated balance sheet has changed. These deferred costs were previously presented as under their own caption and are now presented as an offset to long-term debt using the caption, “Long-term debt, net of deferred financing cost.” Retrospective adjustment was made to the December 31, 2014 presentation of these deferred costs. This change in presentation has decreased the “Total assets” amount by $9.1 million and decreased “Total liabilities” by the same amount at December 31, 2014. There was no additional impact on other assets or any other previously reported amounts. Certain amounts in the prior year’s financial statements have been reclassified to conform to the current year presentation. The Partnership has revised its segment reporting and reporting units from prior presentations based on how it currently manages operations and makes business decisions. The Partnership now has two distinct reportable segments and reporting units, which are classified as Cemetery Operations and Funeral Homes, and are supported by corporate costs and expenses. Prior period balances and activities were adjusted to conform to this revised presentation. Principles of Consolidation The consolidated financial statements include the accounts of each of the Partnership’s wholly-owned subsidiaries. These statements also include the accounts of the merchandise and perpetual care trusts in which the Partnership has a variable interest and is the primary beneficiary. The Partnership operates 31 cemeteries under long-term lease, operating or management contracts. The operations of 16 of these managed cemeteries have been consolidated. The Partnership operates 15 cemeteries under long-term leases and other agreements that do not qualify as acquisitions for accounting purposes, including 13 cemeteries related to the transaction with the Archdiocese of Philadelphia that closed in the second quarter of 2014. As a result, the Partnership did not consolidate all of the existing assets and liabilities related to these cemeteries. The Partnership has consolidated the existing assets and liabilities of the merchandise and perpetual care trusts associated with these cemeteries as variable interest entities since the Partnership controls and receives the benefits and absorbs any losses from operating these trusts. Under the long-term leases, and other agreements associated with these properties, which are subject to certain termination provisions, the Partnership is the exclusive operator of these cemeteries and earns revenues related to sales of merchandise, services, and interment rights, and incurs expenses related to such sales, including the maintenance and upkeep of these cemeteries. Upon termination of these contracts, the Partnership will retain all of the benefits and related contractual obligations incurred from sales generated during the contract period. The Partnership has also recognized the existing merchandise liabilities that it assumed as part of these agreements. Total revenues derived from the cemeteries under these agreements totaled approximately $51.8 million, $42.5 million and $33.2 million for the years ended December 31, 2015, 2014 and 2013, respectively. Summary of Significant Accounting Policies Use of Estimates The preparation of the Partnership’s consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements, as well as the reported amounts of revenue and expense during the reporting periods. The Partnership’s consolidated financial statements are based on a number of significant estimates, including revenue and expense accruals, depreciation and amortization, merchandise trusts and perpetual care trusts asset valuation, allowance for cancellations, unit-based compensation, merchandise liability, deferred sales revenue, deferred margin, deferred merchandise trust investment earnings, deferred obtaining costs, assets and liabilities obtained via business combinations and income taxes. As a result, actual results could differ from those estimates. Accounts Receivable, Net of Allowance The Partnership sells pre-need cemetery contracts whereby the customer enters into arrangements for future merchandise and services prior to the time of need. These sales are usually made using interest-bearing installment contracts not to exceed 60 months. The interest income is recorded when the interest amount is considered realizable and collectible, which typically coincides with cash payment. Interest income is not recognized until payments are collected in accordance with the contract. At the time of a pre-need sale, the Partnership records an account receivable in an amount equal to the total contract value less unearned finance income and any cash deposit paid, net of an estimated allowance for customer cancellations. The Partnership recognizes an allowance for cancellation of these receivables based upon its historical experience, which is recorded as a reduction in accounts receivable and a corresponding offset to deferred cemetery revenues, net. Management evaluates customer receivables for impairment on an individual contract basis based upon its historical experience, including the age of the receivable and the customer’s payment history. Since the Partnership’s receivables primarily relate to pre-need sales, the Partnership has not performed the service or fulfilled all of its obligations for the merchandise to which the receivable relates and, as such, no risk of loss exists regarding accounts receivable. Cash and Cash Equivalents The Partnership considers all highly liquid investments purchased with an original maturity of three months or less from the time they are acquired to be cash equivalents. Cemetery Property Cemetery property consists of developed and undeveloped cemetery property, constructed mausoleum crypts and lawn crypts and other cemetery property. Cemetery property is stated at cost or, upon acquisition of a business, at the fair value of the assets acquired. Property and Equipment Property and equipment is stated at cost or, upon acquisition of a business, at the fair value of the assets acquired and depreciated on a straight-line basis. Maintenance and repairs are charged to expense as incurred, whereas additions and major replacements are capitalized and depreciation is recorded over their estimated useful lives as follows: Buildings and improvements 10 to 40 years Furniture and equipment 3 to 10 years Leasehold improvements over the shorter of the term of Merchandise Trusts Pursuant to state law, a portion of the proceeds from pre-need sales of merchandise and services is put into trust (the “merchandise trust”) until such time that the Partnership meets the requirements for releasing trust principal, which is generally delivery of merchandise or performance of services. All investment earnings generated by the assets in the merchandise trusts (including realized gains and losses) are deferred until the associated merchandise is delivered or the services are performed (see Note 6). Perpetual Care Trusts Pursuant to state law, a portion of the proceeds from the sale of cemetery property is required to be paid into perpetual care trusts. The perpetual care trust principal does not belong to the Partnership and must remain in this trust into perpetuity while interest and dividends may be released and used to defray cemetery maintenance costs, which are expensed as incurred. The Partnership consolidates the trust into its financial statements because the trust is considered a variable interest entity for which the Partnership is the primary beneficiary. Earnings from the perpetual care trusts are recognized in current cemetery revenues (see Note 7). Inventories Inventories are classified within other current assets on the Partnership’s consolidated balance sheet and include cemetery and funeral home merchandise valued at the lower of cost or net realizable value. Cost is determined primarily on a specific identification basis on a first-in, first-out basis. Inventories were approximately $9.7 million and $5.6 million at December 31, 2015 and 2014, respectively. Impairment of Long-Lived Assets The Partnership monitors the recoverability of long-lived assets, including cemetery property, property and equipment and other assets, based on estimates using factors such as current market value, future asset utilization, business and regulatory climate and future undiscounted cash flows expected to result from the use of the related assets, at a location level. The Partnership’s policy is to evaluate an asset for impairment when events or circumstances indicate that a long-lived asset’s carrying value may not be recovered. An impairment charge is recorded to write-down the asset to its fair value if the sum of future undiscounted cash flows is less than the carrying value of the asset. Other-Than-Temporary Impairment of Trust Assets The Partnership determines whether or not the impairment of a fixed maturity debt security is other-than-temporary by evaluating each of the following: • Whether it is the Partnership’s intent to sell the security. If there is intent to sell, the impairment is considered to be other-than-temporary. • If there is no intent to sell, the Partnership evaluates if it is not more likely than not that it will be required to sell the debt security before its anticipated recovery. If the Partnership determines that it is more likely than not that it will be required to sell an impaired investment before its anticipated recovery, the impairment is considered to be other-than-temporary. The Partnership further evaluates whether or not all assets in the trusts have other-than-temporary impairments based upon a number of criteria including the severity of the impairment, length of time a security has been in a loss position, changes in market conditions and concerns related to the specific issuer. If an impairment is considered to be other-than-temporary, the cost basis of the security is adjusted downward to its fair value. For assets held in the perpetual care trusts, any reduction in the cost basis due to an other-than-temporary impairment is offset with an equal and opposite reduction in the perpetual care trust corpus and has no impact on earnings. For assets held in the merchandise trusts, any reduction in the cost basis due to an other-than-temporary impairment is recorded in deferred revenue. Goodwill The Partnership tests goodwill for impairment at each year end by comparing its reporting units’ estimated fair values to carrying values. Because quoted market prices for the reporting units are not available, the Partnership’s management must apply judgment in determining the estimated fair value of these reporting units. The Partnership’s management uses all available information to make these fair value determinations, including the present values of expected future cash flows using discount rates commensurate with the risks involved in the Partnership’s assets and the available market data of the industry group. A key component of these fair value determinations is a reconciliation of the sum of the fair value calculations to the Partnership’s market capitalization. The observed market prices of individual trades of an entity’s equity securities (and thus its computed market capitalization) may not be representative of the fair value of the entity as a whole. Substantial value may arise from the ability to take advantage of synergies and other benefits that flow from control over another entity. Consequently, measuring the fair value of a collection of assets and liabilities that operate together in a controlled entity is different from measuring the fair value of that entity on a stand-alone basis. In most industries, including the Partnership’s, an acquiring entity typically is willing to pay more for equity securities that give it a controlling interest than an investor would pay for a number of equity securities representing less than a controlling interest. Therefore, once the above fair value calculations have been determined, the Partnership’s management also considers the inclusion of a control premium within the calculations. This control premium is judgmental and is based on, among other items, observed acquisitions in the Partnership’s industry. The resultant fair values calculated for the reporting units are compared to observable metrics on large mergers and acquisitions in the Partnership’s industry to determine whether those valuations appear reasonable in management’s judgment. Management will continue to evaluate goodwill at least annually, or when impairment indicators arise. Deferred Cemetery Revenues, Net Revenues from the sale of services and merchandise, as well as any investment income from the merchandise trust is deferred until such time that the services are performed or the merchandise is delivered. In addition to amounts deferred on new contracts, and investment income and unrealized gains on our merchandise trust, deferred cemetery revenues, net, includes deferred revenues from pre-need sales that were entered into by entities prior to the acquisition of those entities by the Partnership. The Partnership provides for a reasonable profit margin for these deferred revenues (deferred margin) to account for the future costs of delivering products and providing services on pre-need contracts that the Partnership acquired through acquisition. Deferred margin amounts are deferred until the merchandise is delivered or services are performed. Cemetery Merchandise and Services Sales The Partnership sells its merchandise and services on both a pre-need and at-need basis. Sales of at-need cemetery services and merchandise are recognized as revenue when the service is performed or merchandise is delivered. Pre-need sales are usually made on an installment contract basis for a period not to exceed 60 months with payments of principal and interest required. For those contracts that do not bear a market rate of interest, the Partnership imputes such interest based upon the prime rate plus 150 basis points, which resulted in a rate of 4.75% for contracts entered into during the three years ended December 31, 2015, in order to segregate the principal and interest component of the total contract value. At the time of a pre-need sale, the Partnership records an account receivable in an amount equal to the total contract value less unearned finance income and any cash deposit paid, net of an estimated allowance for customer cancellations. The revenue from both the sales and interest component is deferred. Interest revenue is recognized utilizing the effective interest method. The allowance for customer cancellations is established based on management’s estimates of expected cancellations and historical experiences. Revenue from the sale of burial lots and constructed mausoleum crypts is deferred until such time that 10% of the sales price has been collected, at which time it is fully earned; revenues from the sale of unconstructed mausoleums are recognized using the percentage-of-completion method of accounting while revenues from cemetery merchandise and services are recognized once such merchandise is delivered (title has transferred to the customer and the merchandise is either installed or stored, at the direction of the customer, at the vendor’s warehouse or a third-party warehouse at no additional cost to us) or services are performed. The Partnership defers certain pre-need cemetery and prearranged funeral direct obtaining costs that vary with and are primarily related to the acquisition of new pre-need cemetery and prearranged funeral business. Such costs are expensed as revenues are recognized. The Partnership recognizes a merchandise liability equal to the estimated cost of services and merchandise for all outstanding and unfulfilled pre-need contracts. The merchandise liability is established and recognized at the time of the sale on the consolidated balance sheet, but is not recognized as an expense on the consolidated statement of operations until such time that the associated revenue for the underlying contract is also recognized. The merchandise liability is established based on actual costs incurred or an estimate of future costs. The merchandise liability is reduced when services are performed or when payment for merchandise is made by the Partnership and title is transferred to the customer. Funeral Home Service and Insurance Policy Sales Revenue from funeral home services is recognized as services are performed and merchandise is delivered. The Partnership’s funeral home operations also include revenues related to the sale of term and final expense whole life insurance. As an agent for these insurance sales, the Partnership earns and recognizes commission-related revenue streams from the sales of these policies. Pursuant to state law, a portion of proceeds received from pre-need funeral service contracts is put into trust while amounts used to defray the initial administrative costs are not. All investment earnings generated by the assets in the trust (including realized gains and losses) are deferred until the associated merchandise is delivered or the services are performed. The balance of the amounts in these trusts is included within the merchandise trusts above. Income Taxes The Partnership is not subject to U.S. federal and most state income taxes. The partners of the Partnership are liable for income tax in regard to their distributive share of the Partnership’s taxable income. Such taxable income may vary substantially from net income reported in the accompanying consolidated financial statements. Certain corporate subsidiaries are subject to federal and state income tax. Deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis and tax carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Partnership records a valuation allowance against its deferred tax assets if it deems that it is more likely than not that some portion or all of the recorded deferred tax assets will not be realizable in future periods. Net Income (Loss) per Common Unit Basic net income (loss) attributable to common limited partners per unit is computed by dividing net income (loss) attributable to common limited partners, which is determined after the deduction of the general partner’s interest, by the weighted average number of common limited partner units outstanding during the period. Net income (loss) attributable to common limited partners is determined by deducting net income attributable to participating securities, if applicable and net income (loss) attributable to the general partner’s units. The general partner’s interest in net income (loss) is calculated on a quarterly basis based upon its units and incentive distributions to be distributed for the quarter, with a priority allocation of net income to the general partner’s incentive distributions, if any, in accordance with the partnership agreement, and the remaining net income (loss) allocated with respect to the general partner’s and limited partners’ ownership interests. The Partnership presents net income (loss) per unit under the two-class method for master limited partnerships, which considers whether the incentive distributions of a master limited partnership represent a participating security when considered in the calculation of earnings per unit under the two-class method. The two-class method considers whether the partnership agreement contains any contractual limitations concerning distributions to the incentive distribution rights that would impact the amount of earnings to allocate to the incentive distribution rights for each reporting period. If distributions are contractually limited to the incentive distribution rights’ share of currently designated available cash for distributions as defined under the partnership agreement, undistributed earnings in excess of available cash should not be allocated to the incentive distribution rights. Under the two-class method, management of the Partnership believes the partnership agreement contractually limits cash distributions to available cash; therefore, undistributed earnings are not allocated to the incentive distribution rights. Unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and are included in the computation of earnings per unit pursuant to the two-class method. Phantom unit awards, which consist of common units issuable under the terms of its long-term incentive plan (see Note 12), contain non-forfeitable rights to distribution equivalents of the Partnership. The participation rights would result in a non-contingent transfer of value each time the Partnership declares a distribution or distribution equivalent right during the award’s vesting period. However, unless the contractual terms of the participating securities require the holders to share in the losses of the entity, net loss is not allocated to the participating securities. As such, the net income utilized in the calculation of net income (loss) per unit must be after the allocation of only net income to the phantom units on a pro-rata basis. The following is a reconciliation of net income (loss) allocated to the common limited partners for purposes of calculating net income (loss) attributable to common limited partners per unit (in thousands, except unit data): Years Ended December 31, 2015 2014 2013 Net loss $ (24,244 ) $ (10,773 ) $ (19,032 ) Less: General partner’s interest (315 ) (155 ) (350 ) Net loss attributable to common limited partners $ (23,929 ) $ (10,618 ) $ (18,682 ) Diluted net income (loss) attributable to common limited partners per unit is calculated by dividing net income (loss) attributable to common limited partners, less income allocable to participating securities, by the sum of the weighted average number of common limited partner units outstanding and the dilutive effect of unit option awards, as calculated by the treasury stock or if converted methods, as applicable. Unit options consist of common units issuable upon payment of an exercise price by the participant under the terms of the Partnership’s long-term incentive plan (see Note 12). The following table sets forth the reconciliation of the Partnership’s weighted average number of common limited partner units used to compute basic net income (loss) attributable to common limited partners per unit with those used to compute diluted net income (loss) attributable to common limited partners per unit (in thousands): Years Ended December 31, 2015 2014 2013 Weighted average number of common limited partner units—basic 30,472 26,582 20,954 Add effect of dilutive incentive awards (1) — — — Weighted average number of common limited partner units—diluted 30,472 26,582 20,954 (1) The diluted weighted average number of limited partners’ units outstanding presented on the consolidated statement of operations does not include 282,093 units, 164,709 units and 297,078 units for the years ended December 31, 2015, 2014 and 2013, respectively, as their effects would be anti-dilutive. New Accounting Pronouncements In the second quarter of 2014, the Financial Accounting Standards Board (“FASB”) issued Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”), which supersedes the revenue recognition requirements in “Topic 605 - Revenue Recognition” and most industry-specific guidance. The core principle of ASU 2014-09 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. During the third quarter of 2015, Update No. 2015-14, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2015-14”) was released, deferring the effective date of the amendments to annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is permitted, only as of an annual reporting period beginning after December 15, 2016. The Partnership will adopt the requirements of ASU 2014-09 upon its effective date of January 1, 2018, and is evaluating the potential impact of the adoption on its financial position, results of operations or related disclosures. In the first quarter of 2015, the FASB issued Update No. 2015-02, “Consolidation (Topic 810)” (“ASU 2015-02”), which amends previous consolidation analysis guidance. ASU 2015-02 requires companies to consider revised consolidation criteria regarding limited partnerships and similar legal entities. The amendments are effective for annual reporting periods beginning after December 15, 2015, including interim periods within that reporting period. Early application is permitted. The Partnership will adopt the requirements of ASU 2015-02 upon its effective date of January 1, 2016, and it does not anticipate it having a material impact on its financial position, results of operations, and related disclosures. In the second quarter of 2015, the FASB issued Update No. 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” (“ASU 2015-03”), which changes the presentation of debt issuance costs. During the third quarter of 2015, Update No. 2015-15, “Interest - Imputation of Interest (Subtopic 835-30) (“ASU 2015-15”) was released clarifying the treatment of debt issuance costs associated with line-of-credit arrangements. ASU 2015-03 requires that debt issuance costs be presented in the balance sheet as a direct deduction from the carrying amount of the related debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by ASU 2015-03. ASU 2015-15 allows the deferral and presentation of debt issuance costs pertaining to line-of-credit arrangements as an asset. The amendments in the update are effective for annual reporting periods beginning after December 15, 2015, including interim periods within those reporting periods. Early application is permitted. The Partnership has elected to early adopt the presentation change regarding its deferred financing cost within its consolidated balance sheets. These deferred financing costs were previously presented as a separate asset caption and are now presented as a direct reduction to long-term debt under the caption, “Long-term debt, net of deferred financing costs.” This change in presentation has decreased “Total assets” and “Total liabilities” by $9.1 million at December 31, 2014. In the third quarter of 2015, the FASB issued Update No. 2015-16, “Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments” (“ASU 2015-16”). ASU 2015-16 requires that an acquirer recognize adjustments to estimated amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments are effective for fiscal years beginning after December 15, 2015 and early application is permitted. The Partnership has elected to early adopt the requirements of ASU 2015-16 during the fourth quarter of 2015, and it did not have a material impact on its financial position, results of operations and related disclosures. In the first quarter of 2016, the FASB issued Update No. 2016-01, “Financial Instruments (Subtopic 825-10)” (“ASU 2016-01”). The core principle of ASU 2016-01 is that all equity investments should be measured at fair value with changes in the fair value recognized through net income. The amendment is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is not permitted for the key aspects of the amendment. The Partnership will adopt the requirements of ASU 2016-01 upon its effective date of January 1, 2018, and is evaluating the potential impact of the adoption on its financial position, results of operations and related disclosures.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Dec. 31, 2015
ACQUISITIONS	2. ACQUISITIONS 2015 Acquisitions During the year ended December 31, 2015, the Partnership acquired the following properties and related assets, net of certain assumed liabilities: • One funeral home for cash consideration of $0.9 million on July 21, 2015; • Three funeral homes and one cemetery for cash consideration of $5.7 million on August 6, 2015; • Two cemeteries for cash consideration of $1.5 million on August 20, 2015; • One funeral home for cash consideration of $5.0 million on August 31, 2015, and an additional $1.0 million paid in 5 annual installments beginning on the 1 st • One cemetery and two funeral homes for cash consideration of $5.7 million on December 1, 2015. The Partnership accounted for these transactions under the acquisition method of accounting. Accordingly, the Partnership evaluated the identifiable assets acquired and liabilities assumed at their respective acquisition date fair values. All other costs incurred associated with the acquisition of the assets noted were expensed as incurred. The following table presents the Partnership’s values assigned to the assets acquired and liabilities assumed in the acquisitions, based on their estimated fair values at the dates of the acquisition, which may be prospectively adjusted as additional information is received (in thousands): Assets: Accounts receivable $ 2,761 Cemetery and funeral home property 7,018 Property and equipment 5,941 Inventory 53 Merchandise trusts, restricted 15,075 Perpetual care trusts, restricted 4,134 Intangible assets 406 Total assets 35,388 Liabilities: Deferred margin 6,618 Merchandise liabilities 14,414 Perpetual care trust corpus 4,134 Other liabilities 21 Total liabilities 25,187 Fair value of net assets acquired 10,201 Consideration paid—cash 18,800 Deferred cash consideration 876 Total consideration paid 19,676 Gain on bargain purchase $ 1,540 Goodwill from purchase $ 11,015 The Partnership recorded goodwill of $1.1 million and $9.9 million in the Cemetery and Funeral Home reporting units, respectively, with regard to the properties acquired during the year ended December 31, 2015. 2014 Acquisitions During the year ended December 31, 2014, the Partnership acquired the following properties and related assets, net of certain assumed liabilities: • One cemetery for cash consideration of $0.2 million on January 16, 2014; and • Two funeral homes for cash consideration of $2.4 million on December 4, 2014. The Partnership accounted for these transactions under the acquisition method of accounting. Accordingly, the Partnership evaluated the identifiable assets acquired and liabilities assumed at their respective acquisition date fair values. All other costs incurred associated with the acquisition of the assets noted were expensed as incurred. The following table presents the Partnership’s final values assigned to the assets acquired and liabilities assumed in the acquisitions, based on their estimated fair values at the dates of the acquisition (in thousands): Assets: Accounts receivable $ 104 Cemetery property 470 Property and equipment 193 Merchandise trusts, restricted 2,685 Perpetual care trusts, restricted 691 Other assets 22 Deferred tax assets 87 Non-compete agreement 520 Total assets 4,772 Liabilities: Deferred margin 1,046 Merchandise liabilities 1,007 Deferred tax liability 641 Perpetual care trust corpus 691 Other liabilities 20 Total liabilities 3,405 Fair value of net assets acquired 1,367 Consideration paid—cash 2,581 Total consideration paid 2,581 Gain on bargain purchase $ 412 Goodwill from purchase $ 1,626 The Partnership recorded goodwill of $1.6 million in the Funeral Home reporting unit with regard to the properties acquired and included in the table above during the year ended December 31, 2014. In addition to the properties noted above, on June 10, 2014, the Partnership acquired twelve cemeteries and nine funeral homes and their related assets, net of certain assumed liabilities, in a single transaction for cash consideration of $53.8 million. The Partnership accounted for this transaction under the acquisition method of accounting. Accordingly, the Partnership evaluated the identifiable assets acquired and liabilities assumed at their respective acquisition date fair values. All other costs incurred associated with the acquisition of the assets noted were expensed as incurred. The following table presents the Partnership’s final values assigned to the assets acquired and liabilities assumed in the acquisition, based on their estimated fair values at the date of the acquisition (in thousands): Assets: Accounts receivable $ 6,188 Cemetery property 26,029 Property and equipment 15,776 Merchandise trusts, restricted 31,534 Perpetual care trusts, restricted 16,913 Intangible assets 1,170 Other assets 178 Total assets 97,788 Liabilities: Deferred margin 13,570 Merchandise liabilities 19,905 Deferred tax liability 2,010 Perpetual care trust corpus 16,913 Other liabilities 63 Total liabilities 52,461 Fair value of net assets acquired 45,327 Consideration paid 53,800 Goodwill from purchase $ 8,473 The Partnership recorded goodwill of $6.1 million and $2.4 million in the Cemetery and Funeral Home reporting units, respectively, with regard to the properties acquired and included in the table above during the year ended December 31, 2014. Agreements with the Archdiocese of Philadelphia On May 28, 2014, certain subsidiaries of the Partnership (“Tenant”) and the Archdiocese of Philadelphia (“Landlord”) entered into a lease agreement (the “Lease”) and a management agreement (the “Management Agreement”), pursuant to which the Tenant will operate 13 cemeteries in Pennsylvania for a term of 60 years and allow the tenant to, among other things and subject to certain limitations, sell burial rights and all related merchandise and services. The Partnership joined the Lease and the Management Agreement as a guarantor of all of the Tenant’s obligations under this operating arrangement. Under the terms of the Lease and Management Agreements: • the Tenant paid $53.0 million to the Landlord at closing, and agreed to make aggregate future rental payments of $36.0 million in accordance with the following schedule: Lease Years 1-5 None Lease Years 6-20 $1,000,000 per Lease Year Lease Years 21-25 $1,200,000 per Lease Year Lease Years 26-35 $1,500,000 per Lease Year Lease Years 36-60 None • the Lease and Management Agreements may be terminated by the Landlord during the 11 th th • lease payments for years 6 through 11 shall be deferred until the Landlord determines whether to continue or terminate the Lease during the 11 th th th th • the Tenant also agreed to make additional rental payments equal to 51% of gross revenues generated from non-ordinary course revenues and property dispositions associated with the properties, less reasonable costs and expenses. The Partnership accounted for this transaction as a contract-based intangible asset at the present value of the consideration, less the fair value of net assets received at the acquisition date, consisting of acquired accounts receivable. The Partnership also recognized an $8.4 million liability for the present value of the $36.0 million of lease payments to be made in future periods at a discount rate of 8.3%. The following table presents the assets acquired and liabilities assumed in the transaction based on their estimated fair values (in thousands): Assets: Accounts receivable $ 1,610 Intangible asset 59,758 Total assets 61,368 Liabilities: Obligation for lease and management agreements 36,000 Discount on obligation for lease and management agreements (27,632 ) Obligation for lease and management agreements, net 8,368 Total liabilities 8,368 Total net assets $ 53,000 2013 Acquisitions During the year ended December 31, 2013, the Partnership acquired the following properties and related assets, net of certain assumed liabilities: • Six funeral homes on February 19, 2013 for cash consideration of $9.1 million, 159,635 common units with an estimated fair value at issuance of $3.6 million, a promissory note in the amount of $3.0 million that was payable on February 19, 2014and an additional $1.2 million in cash consideration to be paid in six annual installments beginning on February 19, 2014; and • One cemetery for cash consideration of $5.0 million on August 1, 2013; The Partnership accounted for these transactions under the acquisition method of accounting. Accordingly, the Partnership evaluated the identifiable assets acquired and liabilities assumed at their respective acquisition date fair values. All other costs incurred associated with the acquisition of the assets noted were expensed as incurred. The following table presents the Partnership’s final values assigned to the assets acquired and liabilities assumed in the acquisitions, based on their estimated fair values at the dates of the acquisition (in thousands): Assets: Accounts receivable $ 1,531 Cemetery property 3,900 Property and equipment 9,362 Merchandise trusts, restricted 10,314 Perpetual care trusts, restricted 5,888 Non-compete agreements 1,927 Total assets 32,922 Liabilities: Deferred margin 2,183 Merchandise liabilities 6,091 Deferred tax liability 701 Perpetual care trust corpus 5,888 Other liabilities 258 Total liabilities 15,121 Fair value of net assets acquired 17,801 Consideration paid—cash 14,100 Consideration paid—units 3,592 Fair value of Notes Payable 3,000 Fair value of debt assumed for non-compete agreements 924 Total consideration paid 21,616 Gain on bargain purchase $ 2,530 Goodwill from purchase $ 6,345 The Partnership recorded goodwill of $6.3 million in the Funeral Home reporting unit with regard to the properties acquired and included in the table above during the year ended December 31, 2013. The following data presents pro forma revenues, net income (loss) and basic and diluted net income (loss) per unit for the Partnership as if the acquisitions consummated during the years ended December 31, 2015 and 2014, including the related financings, had occurred as of January 1, 2014. The Partnership prepared these pro forma unaudited financial results for comparative purposes only; they may not be indicative of the results that would have occurred if the acquisitions consummated during the years ended December 31, 2015 and 2014 and the related financings had occurred on January 1, 2014 or the results that will be attained in future periods (in thousands, except per unit data; unaudited): Years Ended December 31, 2015 2014 Revenue $ 310,712 $ 309,746 Net loss (25,340 ) (8,188 ) Net loss per limited partner unit (basic and diluted) $ (.82 ) $ (.28 ) Since their respective dates of acquisition, the properties acquired in 2015 have contributed $2.1 million of revenue and $0.2 million of operating profit for the year ended December 31, 2015. The properties acquired in 2014 have contributed $43.9 million of revenue and $5.4 million of operating profit for the year ended December 31, 2015 and $19.3 million of revenue and $1.6 million of operating profit for the year ended December 31, 2014. The properties acquired in 2013 have contributed $6.6 million of revenue and $0.7 million of operating profit for the year ended December 31, 2015, $6.0 million of revenue and $0.7 million of operating profit for the year ended December 31, 2014 and $3.9 million of revenue and $0.1 million of operating profit for the year ended December 31, 2013. During the year ended December 31, 2013, the Partnership recovered $18.4 million, net of legal fees, costs and contractual obligations, related to the settlement of claims from locations that it acquired in prior years. Of the amount recovered, $11.9 million was received in cash proceeds and $6.5 million was contributed to the related perpetual care and merchandise trusts. The Partnership recognized a gain on settlement agreement of $12.3 million for this transaction during the year ended December 31, 2013.

ACCOUNTS RECEIVABLE, NET OF ALL

ACCOUNTS RECEIVABLE, NET OF ALLOWANCE	12 Months Ended
	Dec. 31, 2015
ACCOUNTS RECEIVABLE, NET OF ALLOWANCE	3. ACCOUNTS RECEIVABLE, NET OF ALLOWANCE Long-term accounts receivable, net, consisted of the following at the dates indicated (in thousands): December 31, 2015 2014 Customer receivables $ 207,645 $ 194,537 Unearned finance income (20,078 ) (20,360 ) Allowance for contract cancellations (23,985 ) (22,138 ) Accounts receivable, net of allowance 163,582 152,039 Less: current portion—net of allowance 68,415 62,503 Long-term portion—net of allowance $ 95,167 $ 89,536 Activity in the allowance for contract cancellations is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Balance—beginning of period $ 22,138 $ 20,275 $ 17,933 Provision for cancellations 25,307 20,870 20,069 Charge-offs—net (23,460 ) (19,007 ) (17,727 ) Balance—end of period $ 23,985 $ 22,138 $ 20,275

CEMETERY PROPERTY

CEMETERY PROPERTY	12 Months Ended
	Dec. 31, 2015
CEMETERY PROPERTY	4. CEMETERY PROPERTY Cemetery property consists of the following at the dates indicated (in thousands): December 31, 2015 2014 Developed land $ 83,834 $ 79,058 Undeveloped land 169,482 172,238 Mausoleum crypts and lawn crypts 77,526 78,524 Other land 11,797 10,028 Cemetery property $ 342,639 $ 339,848

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2015
PROPERTY AND EQUIPMENT	5. PROPERTY AND EQUIPMENT Property and equipment consists of the following at the dates indicated (in thousands): December 31, 2015 2014 Building and improvements $ 117,034 $ 108,178 Furniture and equipment 54,346 49,290 Property and equipment—gross 171,380 157,468 Less: accumulated depreciation (67,050 ) (57,077 ) Property and equipment, net of accumulated depreciation $ 104,330 $ 100,391 Depreciation expense was $10.6 million, $8.9 million and $7.5 million for the years ended December 31, 2015, 2014 and 2013, respectively.

MERCHANDISE TRUSTS

MERCHANDISE TRUSTS	12 Months Ended
	Dec. 31, 2015
MERCHANDISE TRUSTS	6. MERCHANDISE TRUSTS At December 31, 2015 and 2014, the Partnership’s merchandise trusts consisted of investments in debt and equity marketable securities and cash equivalents, both directly as well as through mutual and investment funds. Certain assets related to 2015 acquisitions have not yet been received. Accordingly, a portion of the assets are shown in a single line item in the disclosures below as “Assets acquired via acquisition” and the cost basis and fair value of such assets are based upon preliminary estimates that the Partnership is required to make in accordance with Accounting Topic 805. All of these investments are classified as Available for Sale and accordingly, all of the assets are carried at fair value. All of these investments are considered either Level 1 or Level 2 assets pursuant to the three-level hierarchy (see Note 14). There were no Level 3 assets. The merchandise trusts are variable interest entities (VIE) for which the Partnership is the primary beneficiary. The assets held in the merchandise trusts are required to be used to purchase the merchandise to which they relate. If the value of these assets falls below the cost of purchasing such merchandise, the Partnership may be required to fund this shortfall. The Partnership included $8.2 million and $8.3 million of investments held in trust by the West Virginia Funeral Directors Association at December 31, 2015 and December 31, 2014, respectively in its merchandise trust assets. As required by law, the Partnership deposits a portion of certain funeral merchandise sales in West Virginia into a trust that is held by the West Virginia Funeral Directors Association. These trusts are recognized at their account value, which approximates fair value. A reconciliation of the Partnership’s merchandise trust activities for the years ended December 31, 2015 and 2014 is presented below (in thousands): Years Ended December 31, 2015 2014 Balance—beginning of period $ 484,820 $ 431,556 Contributions 80,693 87,271 Distributions (50,987 ) (57,788 ) Interest and dividends 21,859 21,827 Capital gain distributions 2,413 1,242 Realized gains and losses 13,941 14,857 Other than temporary impairment (54,527 ) — Taxes (3,271 ) (2,543 ) Fees (3,296 ) (2,890 ) Unrealized change in fair value (26,969 ) (8,712 ) Balance—end of period $ 464,676 $ 484,820 During the year ended December 31, 2015, purchases and sales of securities available for sale included in trust investments were approximately $554.7 million and $522.2 million, respectively. During the year ended December 31, 2014, purchases and sales of securities available for sale included in trust investments were approximately $430.5 million and $440.8 million, respectively. The cost and market value associated with the assets held in the merchandise trusts at December 31, 2015 and 2014 were as follows (in thousands): Gross Gross Fair Value Unrealized Unrealized Fair December 31, 2015 Hierarchy Level Cost Gains Losses Value Short-term investments 1 $ 35,150 $ — $ — $ 35,150 Fixed maturities: U.S. State and local government agency 2 98 6 (3 ) 101 Corporate debt securities 2 11,922 8 (546 ) 11,384 Other debt securities 2 7,150 11 (7 ) 7,154 Total fixed maturities 19,170 25 (556 ) 18,639 Mutual funds—debt securities 1 232,096 86 (10,713 ) 221,469 Mutual funds—equity securities 1 139,341 69 (12,249 ) 127,161 Equity securities 1 49,563 1,127 (2,474 ) 48,216 Other invested assets 2 1,681 — — 1,681 Total managed investments $ 477,001 $ 1,307 $ (25,992 ) $ 452,316 Assets acquired via acquisition 4,185 — — 4,185 West Virginia Trust Receivable 8,175 — — 8,175 Total $ 489,361 $ 1,307 $ (25,992 ) $ 464,676 Gross Gross Fair Value Unrealized Unrealized Fair December 31, 2014 Hierarchy Level Cost Gains Losses Value Short-term investments 1 $ 52,521 $ — $ — $ 52,521 Fixed maturities: U.S. State and local government agency 2 270 — (1 ) 269 Corporate debt securities 2 9,400 23 (447 ) 8,976 Other debt securities 2 7,157 — (18 ) 7,139 Total fixed maturities 16,827 23 (466 ) 16,384 Mutual funds—debt securities 1 150,477 869 (8,666 ) 142,680 Mutual funds—equity securities 1 167,353 12,568 (463 ) 179,458 Equity securities 1 81,639 4,167 (5,507 ) 80,299 Other invested assets 2 5,400 — (241 ) 5,159 Total managed investments $ 474,217 $ 17,627 $ (15,343 ) $ 476,501 West Virginia Trust Receivable 8,319 — — 8,319 Total $ 482,536 $ 17,627 $ (15,343 ) $ 484,820 The contractual maturities of debt securities held within the merchandise trusts as of December 31, 2015 were as follows (in thousands): December 31, 2015 Less than 1 year through 6 years through More than U.S. State and local government agency $ — $ 23 $ 78 $ — Corporate debt securities — 8,152 3,232 — Other debt securities 3,520 3,634 — — Total fixed maturities $ 3,520 $ 11,809 $ 3,310 $ — Temporary Declines in Fair Value The Partnership evaluates declines in fair value below cost for each asset held in the merchandise trusts on a quarterly basis. An aging of unrealized losses on the Partnership’s investments in debt and equity securities within the merchandise trusts at December 31, 2015 and December 31, 2014 is presented below: Less than 12 months 12 Months or more Total December 31, 2015 Fair Value Unrealized Losses Fair Value Unrealized Fair Value Unrealized Losses (in thousands) Fixed maturities: U.S. State and local government agency $ — $ — $ 33 $ 3 $ 33 $ 3 Corporate debt securities 7,247 411 1,513 135 8,760 546 Other debt securities 2,883 7 — — 2,883 7 Total fixed maturities 10,130 418 1,546 138 11,676 556 Mutual funds—debt securities 121,777 6,938 36,682 3,775 158,459 10,713 Mutual funds—equity securities 58,467 10,994 5,465 1,255 63,932 12,249 Equity securities 21,480 2,275 649 199 22,129 2,474 Total $ 211,854 $ 20,625 $ 44,342 $ 5,367 $ 256,196 $ 25,992 Less than 12 months 12 Months or more Total December 31, 2014 Fair Unrealized Fair Unrealized Fair Unrealized (in thousands) Fixed maturities: U.S. State and local government agency $ 143 $ 1 $ — $ — $ 143 $ 1 Corporate debt securities 5,905 342 1,506 105 7,411 447 Other debt securities 2,370 8 4,769 10 7,139 18 Total fixed maturities 8,418 351 6,275 115 14,693 466 Mutual funds—debt securities 32,072 1,039 95,629 7,627 127,701 8,666 Mutual funds—equity securities 4,147 463 — — 4,147 463 Equity securities 44,563 4,641 3,909 866 48,472 5,507 Other invested assets — — 4,881 241 4,881 241 Total $ 89,200 $ 6,494 $ 110,694 $ 8,849 $ 199,894 $ 15,343 For all securities in an unrealized loss position, the Partnership evaluated the severity of the impairment and length of time that a security has been in a loss position and concluded the decline in fair value below the asset’s cost was temporary in nature. In addition, the Partnership is not aware of any circumstances that would prevent the future market value recovery for these securities. Other-Than-Temporary Impairment of Trust Assets The Partnership assesses its merchandise trust assets for other-than-temporary declines in fair value on a quarterly basis. During the year ended December 31, 2015, the Partnership determined that there were securities with an aggregate cost basis of approximately $196.8 million and an aggregate fair value of approximately $142.3 million, resulting in an impairment of $54.5 million, with such impairment considered to be other-than-temporary. During the year ended December 31, 2014, the Partnership determined that there were securities with an aggregate cost basis of approximately $0.9 million and an aggregate fair value of approximately $0.5 million, resulting in an impairment of $0.4 million, with such impairment considered to be other-than-temporary. Accordingly, the Partnership adjusted the cost basis of these assets to their fair value, with a corresponding adjustment to deferred cemetery revenue, net on the consolidated balance sheet. This adjustment to deferred cemetery revenue, net will be reflected within the Partnership’s consolidated statement of operations in future periods as the underlying merchandise is delivered or the underlying service is performed.

PERPETUAL CARE TRUSTS

PERPETUAL CARE TRUSTS	12 Months Ended
	Dec. 31, 2015
PERPETUAL CARE TRUSTS	7. PERPETUAL CARE TRUSTS At December 31, 2015 and 2014, the Partnership’s perpetual care trusts consisted of investments in debt and equity marketable securities and cash equivalents, both directly as well as through mutual and investment funds. Certain assets related to 2015 acquisitions have not yet been received. Accordingly, a portion of the assets are shown in a single line item in the disclosures below as “Assets acquired via acquisition” and the cost basis and fair value of such assets are based upon preliminary estimates that the Partnership is required to make in accordance with Accounting Topic 805. All of these investments are classified as Available for Sale and accordingly, all of the assets are carried at fair value. All of these investments are considered either Level 1 or Level 2 assets pursuant to the three-level hierarchy (see Note 14). There were no Level 3 assets. The perpetual care trusts are VIEs for which the Partnership is the primary beneficiary. A reconciliation of the Partnership’s perpetual care trust activities for the years ended December 31, 2015 and 2014 is presented below (in thousands): Years Ended December 31, 2015 2014 Balance - beginning of period $ 345,105 $ 311,771 Contributions 15,919 34,332 Distributions (15,003 ) (14,308 ) Interest and dividends 18,019 15,044 Capital gain distributions 1,952 125 Realized gains and losses 12,323 (164 ) Other than temporary impairment (29,047 ) — Taxes (631 ) (654 ) Fees (2,163 ) (2,054 ) Unrealized change in fair value (38,670 ) 1,013 Balance - end of period $ 307,804 $ 345,105 During the year ended December 31, 2015, purchases and sales of securities available for sale included in trust investments were approximately $359.3 million and $349.0 million, respectively. During the year ended December 31, 2014, purchases and sales of securities available for sale included in trust investments were approximately $157.5 million and $165.7 million, respectively. The cost and market value associated with the assets held in the perpetual care trusts at December 31, 2015 and 2014 were as follows (in thousands): Gross Gross Fair Value Unrealized Unrealized Fair December 31, 2015 Hierarchy Level Cost Gains Losses Value Short-term investments 1 $ 36,618 $ — $ — $ 36,618 Fixed maturities: U.S. State and local government agency 2 126 14 — 140 Corporate debt securities 2 22,837 57 (845 ) 22,049 Other debt securities 2 36 — (1 ) 35 Total fixed maturities 22,999 71 (846 ) 22,224 Mutual funds - debt securities 1 184,866 35 (7,180 ) 177,721 Mutual funds - equity securities 1 68,079 1,054 (1,713 ) 67,420 Equity securities 1 2,319 636 (7 ) 2,948 Other invested assets 2 473 1 (162 ) 312 Total managed investments $ 315,354 $ 1,797 $ (9,908 ) $ 307,243 Assets acquired via acquisition 561 — — 561 Total $ 315,915 $ 1,797 $ (9,908 ) $ 307,804 Gross Gross Fair Value Unrealized Unrealized Fair December 31, 2014 Hierarchy Level Cost Gains Losses Value Short-term investments 1 $ 26,644 $ — $ — $ 26,644 Fixed maturities: U.S. Government and federal agency 1 100 16 — 116 U.S. State and local government agency 2 78 1 — 79 Corporate debt securities 2 24,275 104 (913 ) 23,466 Other debt securities 2 371 — — 371 Total fixed maturities 24,824 121 (913 ) 24,032 Mutual funds - debt securities 1 128,735 379 (5,220 ) 123,894 Mutual funds - equity securities 1 103,701 23,003 (1,268 ) 125,436 Equity securities 1 30,617 14,704 (247 ) 45,074 Other invested assets 2 25 — — 25 Total $ 314,546 $ 38,207 $ (7,648 ) $ 345,105 The contractual maturities of debt securities held in the perpetual care trusts as of December 31, 2015 were as follows (in thousands): Less than 1 year through 6 years through More than December 31, 2015 1 year 5 years 10 years 10 years U.S. State and local government agency — 112 28 — Corporate debt securities 202 16,138 5,650 59 Other debt securities 35 — — — Total fixed maturities $ 237 $ 16,250 $ 5,678 $ 59 Temporary Declines in Fair Value The Partnership evaluates declines in fair value below cost of each individual asset held in the perpetual care trusts on a quarterly basis. An aging of unrealized losses on the Partnership’s investments in fixed maturities and equity securities at December 31, 2015 and 2014 is presented below: Less than 12 months 12 Months or more Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2015 Value Losses Value Losses Value Losses (in thousands) Fixed maturities: U.S. State and local government agency $ — $ — $ 112 $ — $ 112 $ — Corporate debt securities 12,482 535 4,505 310 16,987 845 Other debt securities 35 1 — — 35 1 Total fixed maturities 12,517 536 4,617 310 17,134 846 Mutual funds - debt securities 81,215 4,263 50,774 2,917 131,989 7,180 Mutual funds - equity securities 16,514 1,363 4,308 350 20,822 1,713 Equity securities 488 6 1,137 1 1,625 7 Other invested assets — — 315 162 315 162 Total $ 110,734 $ 6,168 $ 61,151 $ 3,740 $ 171,885 $ 9,908 Less than 12 months 12 Months or more Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2014 Value Losses Value Losses Value Losses (in thousands) Fixed maturities: Corporate debt securities $ 14,434 $ 798 $ 2,519 $ 115 $ 16,953 $ 913 Other debt securities — — — — — — Total fixed maturities 14,434 798 2,519 115 16,953 913 Mutual funds - debt securities 30,345 768 86,814 4,452 117,159 5,220 Mutual funds - equity securities 13,035 1,268 — — 13,035 1,268 Equity securities 3,866 245 620 2 4,486 247 Other invested assets — — — — — — Total $ 61,680 $ 3,079 $ 89,953 $ 4,569 $ 151,633 $ 7,648 For all securities in an unrealized loss position, the Partnership evaluated the severity of the impairment and length of time that a security has been in a loss position and concluded the decline in fair value below the asset’s cost was temporary in nature. In addition, the Partnership is not aware of any circumstances that would prevent the future market value recovery for these securities. Other-Than-Temporary Impairment of Trust Assets The Partnership assesses its perpetual care trust assets for other-than-temporary declines in fair value on a quarterly basis. During the year ended December 31, 2015, the Partnership determined that there were securities with an aggregate cost basis of approximately $107.7 million and an aggregate fair value of approximately $78.7 million, resulting in an impairment of $29.0 million, with such impairment considered to be other-than-temporary. During the year ended December 31, 2014, the Partnership determined that there were securities with an aggregate cost basis of approximately $1.4 million and an aggregate fair value of approximately $0.8 million, resulting in an impairment of $0.6 million, with such impairment considered to be other-than-temporary. Accordingly, the Partnership adjusted the cost basis of these assets to their current value and offset this change against the liability for perpetual care trust corpus.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2015
GOODWILL AND INTANGIBLE ASSETS	8. GOODWILL AND INTANGIBLE ASSETS Goodwill The Partnership has revised its reporting units from prior presentations based on how it currently manages the operating segments. There are now two reporting units, which are classified as Cemetery Operations and Funeral Homes. The Partnership has recorded goodwill of approximately $69.9 million and $58.8 million as of December 31, 2015 and 2014, respectively. This amount represents the excess of the purchase price over the fair value of identifiable net assets acquired (see Note 2). A rollforward of goodwill by reportable segment is as follows (in thousands): Cemeteries Funeral Homes Total Balance at December 31, 2013 $ 18,122 $ 30,615 $ 48,737 Goodwill from acquisitions during 2014 6,064 4,035 10,099 Balance at December 31, 2014 24,186 34,650 58,836 Goodwill from acquisitions during 2015 1,134 9,881 11,015 Balance at December 31, 2015 $ 25,320 $ 44,531 $ 69,851 The Partnership tests goodwill for impairment at each year end by comparing its reporting units’ estimated fair values to carrying values (see Note 1). There were no goodwill impairments recognized by the Partnership during the years ended December 31, 2015, 2014 and 2013. Management will continue to evaluate goodwill at least annually or when impairment indicators arise. Intangible Assets The Partnership has intangible assets with finite lives recognized in connection with acquisitions and long-term lease, management and operating agreements. The Partnership amortizes these intangible assets over their estimated useful lives. The following table reflects the components of intangible assets at December 31, 2015 and 2014 (in thousands): December 31, 2015 December 31, 2014 Gross Carrying Accumulated Net Intangible Gross Carrying Accumulated Net Intangible Amount Amortization Asset Amount Amortization Asset Lease and management agreements $ 59,758 $ (1,577 ) $ 58,181 $ 59,758 $ (581 ) $ 59,177 Underlying contract value 6,239 (1,014 ) 5,225 6,239 (858 ) 5,381 Non-compete agreements 5,656 (3,112 ) 2,544 5,250 (2,126 ) 3,124 Other intangible assets 1,439 (180 ) 1,259 1,439 (131 ) 1,308 Total intangible assets $ 73,092 $ (5,883 ) $ 67,209 $ 72,686 $ (3,696 ) $ 68,990 Amortization expense for intangible assets was $2.2 million, $2.1 million, and $2.0 million for the years ended December 31, 2015, 2014, and 2013 respectively. The following is estimated amortization expense related to intangible assets with finite lives for the five years subsequent to December 31, 2015 (in thousands): 2016 $ 2,181 2017 $ 1,956 2018 $ 1,708 2019 $ 1,440 2020 $ 1,266

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2015
LONG-TERM DEBT	9. LONG-TERM DEBT Total debt consists of the following at the dates indicated (in thousands): December 31, 2015 2014 Credit Facility: Working Capital Draws $ 105,000 $ 85,902 Acquisition Draws 44,500 25,000 7.875% Senior Notes, due June 2021 172,186 171,783 Notes payable - acquisition debt 687 861 Notes payable - acquisition non-competes 1,629 2,451 Insurance and vehicle financing 2,336 1,632 Less deferred financing costs, net of accumulated amortization (7,499 ) (9,089 ) Total debt 318,839 278,540 Less current maturities (2,440 ) (2,251 ) Total long-term debt $ 316,399 $ 276,289 Credit Facility The Partnership is a party to the Fourth Amended and Restated Credit Agreement (the “Credit Agreement”) which provides for a single revolving credit facility of $180.0 million (the “Credit Facility”) maturing on December 19, 2019. Additionally the Credit Agreement provides for an uncommitted ability to increase the Credit Facility by an additional $70.0 million. The Partnership’s obligations under the Credit Facility are secured by substantially all of the assets of the Partnership, excluding those held in trust. Borrowings under the Credit Facility are classified as either acquisition draws or working capital draws. Acquisition draws may be utilized to finance permitted acquisitions, the purchase and construction of mausoleums and related costs or the net amount of merchandise trust deposits. Working capital draws may be utilized to finance working capital requirements, capital expenditures and for other general corporate purposes. The amount of the Credit Facility that is available for working capital draws is subject to a borrowing formula equal to 85% of eligible accounts receivable, as defined within the Credit Agreement. At December 31, 2015, the amount available under the Credit Facility for working capital advances under this limit was $139.0 million. Each individual acquisition draw is subject to equal quarterly amortization of the principal amount, with annual principal payments comprised of ten percent of the related advance amount, commencing on the second anniversary of such advance, with the remaining principal due on December 19, 2019, subject to certain mandatory prepayment requirements. Up to $10.0 million of the Credit Facility may be in the form of standby letters of credit, of which there were none outstanding at December 31, 2015 and 2014. Borrowings under the Credit Facility bear interest, at the Partnership’s election, at either an adjusted LIBOR rate plus an applicable margin between 2.25% and 4.00% per annum or the base rate (which is the higher of the bank’s prime rate, the Federal funds rate plus 0.5% or one-month LIBOR plus 1.00%) plus an applicable margin between 1.25% and 3.00% per annum. The Partnership is also required to pay a fee on the unused portion of the Credit Facility at a rate between 0.375% and 0.8% per annum, which is included within interest expense on the Partnership’s consolidated statements of operations. At December 31, 2015, the weighted average interest rate on outstanding borrowings under the Credit Facility was 3.8%. The Credit Agreement contains customary covenants that limit the Partnership’s ability to incur additional indebtedness, grant liens, make loans or investments, make cash distributions if a default exists or would result from the distribution, merger or consolidation with other persons, or engage in certain asset dispositions including the sale of all or substantially all of its assets. The Partnership was in compliance with these covenants as of December 31, 2015. The Credit Agreement also requires the Partnership to maintain: • Consolidated EBITDA (as defined in the Credit Agreement), calculated over a period of four consecutive fiscal quarters, to be no less than the sum of (i) $80.0 million plus (ii) 80% of the aggregate Consolidated EBITDA for each permitted acquisition completed after June 30, 2014; • the ratio of Consolidated EBITDA (as defined in the Credit Agreement) to Consolidated Debt Service (as defined in the Credit Agreement), calculated over a period of four fiscal quarters, or the Consolidated Debt Service Coverage Ratio, of not less than 2.50 to 1.00 for any period; and • the ratio of Consolidated Funded Indebtedness (as defined in the Credit Agreement) to Consolidated EBITDA (as defined in the Credit Agreement), calculated over a period of four fiscal quarters, or the Consolidated Leverage Ratio, of not greater than 4.00 to 1.00 for any period. At December 31, 2015, the Partnership’s Consolidated Leverage Ratio and the Consolidated Debt Service Coverage Ratio were 3.23 and 4.62, respectively. Senior Notes On May 28, 2013, the Partnership issued $175.0 million aggregate principal amount of 7.875% Senior Notes due 2021 (the “Senior Notes”). The Partnership pays 7.875% interest per annum on the principal amount of the Senior Notes, payable in cash semi-annually in arrears on June 1 and December 1 of each year. The net proceeds from the offering were used to retire a $150.0 million aggregate principal amount of 10.25% Senior Notes due 2017 and the remaining proceeds were used for general corporate purposes. The Senior Notes were issued at 97.832% of par resulting in gross proceeds of $171.2 million with an original issue discount of approximately $3.8 million. The Partnership incurred debt issuance costs and fees of approximately $4.6 million. These costs and fees are deferred and will be amortized over the life of the Senior Notes. The Senior Notes mature on June 1, 2021. At any time prior to June 1, 2016, the Partnership may redeem up to 35% of the aggregate principal amount of the Senior Notes with the net cash proceeds of certain equity offerings at the redemption price of 107.875%, plus accrued and unpaid interest, if any, to the redemption date, provided that (i) at least 65% of the aggregate principal amount of the Senior Notes remain outstanding and (ii) the redemption occurs within 180 days of the closing date of such equity offering. At any time on or after June 1, 2016, we may redeem the Senior Notes, in whole or in part, at the redemption prices (expressed as percentages of the principal amount) set forth below, together with accrued and unpaid interest, if any, to the redemption date, if redeemed during the 12-month period beginning June 1 of the years indicated: Year Percentage 2016 105.906 % 2017 103.938 % 2018 101.969 % 2019 and thereafter 100.000 % In addition, at any time prior to June 1, 2016, the Partnership may also redeem all or any portion of the Senior Notes, at a redemption price equal to 100% of the principal amount of the Senior Notes redeemed, plus the Applicable Premium (as defined in the Indenture), including accrued and unpaid interest. Subject to certain exceptions, upon the occurrence of a Change of Control (as defined in the Indenture), each holder of the Senior Notes will have the right to require the Partnership to purchase that holder’s Senior Notes for a cash price equal to 101% of the principal amounts to be purchased, plus accrued and unpaid interest. The Senior Notes are jointly and severally guaranteed by certain of our material subsidiaries. The Indenture governing the Senior Notes contains covenants, including limitations of the Partnership’s ability to incur additional indebtedness and liens, make certain dividends, distributions, redemptions or investments, enter into certain transactions with affiliates, make certain asset sales, and engage in certain mergers, consolidations or sales of all or substantially all of the Partnership’s assets. As of December 31, 2015, the Partnership was in compliance with these covenants.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2015
INCOME TAXES	10. INCOME TAXES The Partnership is not subject to U.S. federal and most state income taxes. The partners of the Partnership are liable for income tax in regard to their distributive share of the Partnership’s taxable income. Such taxable income may vary substantially from net income reported in the accompanying consolidated financial statements. Certain corporate subsidiaries are subject to federal and state income tax. Deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis and tax carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Partnership records a valuation allowance against its deferred tax assets if it deems that it is more likely than not that some portion or all of the recorded deferred tax assets will not be realizable in future periods. Income tax expense (benefit) for the years ended December 31, 2015, 2014 and 2013 consisted of the following (in thousands): Years Ended December 31, 2015 2014 2013 Current provision: State $ 723 $ 869 $ 685 Federal — — — Foreign 229 302 (125 ) Total 952 1,171 560 Deferred provision: State (355 ) 313 292 Federal 387 2,429 (3,156 ) Foreign 124 — — Total 156 2,742 (2,864 ) Total income tax expense (benefit) $ 1,108 $ 3,913 $ (2,304 ) A reconciliation of the federal statutory tax rate to the Partnership’s effective tax rate is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Computed tax provision (benefit) at the applicable statutory tax rate 35.0 % 35.0 % 35.0 % State and local taxes net of federal income tax benefit -2.6 % -15.6 % -2.2 % Tax exempt (income) loss -4.4 % -15.0 % -7.2 % Change in valuation allowance -65.1 % -158.2 % -43.1 % Partnership earnings not subject to tax 32.0 % 96.6 % 12.0 % Permanent differences 0.2 % 0.9 % 15.6 % Other 0.1 % -0.7 % 0.7 % Income tax expense (benefit) -4.8 % -57.0 % 10.8 % Significant components of the deferred tax assets and liabilities were as follows (in thousands): December 31, 2015 2014 Deferred tax assets: Prepaid expenses $ 7,626 $ 5,373 State net operating loss 14,260 13,015 Federal net operating loss 91,571 78,084 Other 67 (831 ) Valuation allowance (75,344 ) (57,148 ) Total deferred tax assets 38,180 38,493 Deferred tax liabilities: Property, plant and equipment 9,290 8,058 Deferred revenue related to future revenues and accounts receivable 37,475 39,164 Deferred revenue related to cemetery property 9,208 8,939 Total deferred tax liabilities 55,973 56,161 Net deferred tax liabilities $ 17,793 $ 17,668 Net deferred tax assets and liabilities were classified on the consolidated balance sheets as follows: Deferred tax assets $ 40 $ 40 Noncurrent assets 40 40 Deferred tax assets 38,140 38,453 Deferred tax liabilities 55,973 56,161 Noncurrent liabilities 17,833 17,708 Net deferred tax liabilities $ 17,793 $ 17,668 At December 31, 2015, the Partnership had available approximately less than $0.1 million of alternative minimum tax credit carryforwards, which are available indefinitely, and $261.8 million of federal net operating loss carryforwards, which will begin to expire in 2017 and $321.8 million in state net operating loss carryforwards, a portion of which expires annually. In assessing the realizability of deferred tax assets, management considers whether its more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. At December 31, 2015, based on the level of historical taxable income and projections for future taxable income over the periods in which the deferred tax assets are deductible, management believes it is more likely than not that the Partnership will realize the benefits of these deductible differences. The amount of deferred tax assets considered realizable could be reduced in the future if estimates of future taxable income during the carryforward period are reduced. In accordance with applicable accounting standards, the Partnership recognizes only the impact of income tax positions that, based upon their merits, are more likely than not to be sustained upon audit by a taxing authority. To evaluate its current tax positions in order to identify any material uncertain tax positions, the Partnership developed a policy of identifying and evaluating uncertain tax positions that considers support for each tax position, industry standards, tax return disclosures and schedules and the significance of each position. It is the Partnership’s policy to recognize interest and penalties, if any, related to unrecognized tax benefits in income tax expense. At December 31, 2015 and 2014, the Partnership had no material uncertain tax positions. The Partnership is not currently under examination by any federal or state jurisdictions. The federal statute of limitations and certain state statutes of limitations are open from 2012 forward.

DEFERRED CEMETERY REVENUES, NET

DEFERRED CEMETERY REVENUES, NET	12 Months Ended
	Dec. 31, 2015
DEFERRED CEMETERY REVENUES, NET	11. DEFERRED CEMETERY REVENUES, NET The Partnership defers revenues and all direct costs associated with the sale of pre-need cemetery merchandise and services until the merchandise is delivered or the services are performed. The Partnership recognizes deferred cemetery merchandise and service revenues as deferred cemetery revenues, net, within long-term liabilities on its consolidated balance sheet. The Partnership recognizes deferred direct costs associated with pre-need cemetery merchandise and service revenues as deferred selling and obtaining costs within long-term assets on its consolidated balance sheet. The Partnership also defers the costs to obtain new pre-need cemetery and new prearranged funeral business as well as the investment earnings on the prearranged services and merchandise trusts (see Note 1). At December 31, 2015 and 2014, deferred cemetery revenues, net, consisted of the following (in thousands): December 31, 2015 2014 Deferred cemetery revenue $ 531,905 $ 456,632 Deferred merchandise trust revenue 80,294 104,717 Deferred merchandise trust unrealized gains (losses) (24,685 ) 2,284 Deferred pre-acquisition margin 142,672 140,378 Deferred cost of goods sold (92,650 ) (60,603 ) Deferred cemetery revenues, net $ 637,536 $ 643,408 Deferred selling and obtaining costs $ 111,542 $ 97,795

LONG-TERM INCENTIVE AND RETIREM

LONG-TERM INCENTIVE AND RETIREMENT PLANS	12 Months Ended
	Dec. 31, 2015
LONG-TERM INCENTIVE AND RETIREMENT PLANS	12. LONG-TERM INCENTIVE AND RETIREMENT PLANS 2014 Long-Term Incentive Plan During the year ended December 31, 2014, the General Partner’s Board of Directors (the “Board”) and the Partnership’s unitholders approved a Long-Term Incentive Plan (“2014 LTIP”). The compensation committee of the Board (the “Compensation Committee”) administers the 2014 LTIP. The 2014 LTIP permits the grant of awards, which may be in the form of phantom units, restricted units, unit appreciation rights (“UAR”), or unit options, including performance factors for each, covering an aggregate of 1,500,000 common units, a number that the Board may increase by up to 100,000 common units per year. At December 31, 2015, the estimated number of common units to be issued upon vesting and exercise of outstanding rights under this plan was 102,661, including management’s estimated amounts for awards with performance factors. A cumulative number of 14,455 common units have been issued, leaving 1,382,884 common units available for future issuance under the plan, assuming no increases by the Board. Phantom Unit Awards Phantom units represent rights to receive a common unit or an amount of cash, or a combination of either, based upon the value of a common unit. Phantom units become payable, in cash or common units, at the Partnership’s election, upon the separation of directors and executives from service or upon the occurrence of certain other events specified in the underlying agreements. Phantom units are subject to terms and conditions determined by the Compensation Committee, which may include vesting restrictions. In tandem with phantom unit grants, the compensation committee may grant distribution equivalent rights (“DERs”), which are the right to receive an amount in cash or common units equal to the cash distributions made by the Partnership with respect to common unit during the period that the underlying phantom unit is outstanding. All phantom units outstanding under the 2014 LTIP at December 31, 2015 contain tandem DERs. The following table sets forth the 2014 LTIP phantom unit award activity for the years ended December 31, 2015, and 2014, respectively: Years Ended December 31, 2015 2014 Outstanding, beginning of period 2,189 — Granted (1) 122,154 2,189 Settled in common units or cash (1) (14,455 ) — Performance vesting forfeiture (7,227 ) — Outstanding, end of period (2) 102,661 2,189 (1) The weighted-average grant date fair value for the unit awards on the date of grant was $26.94 and $26.27 for the years ended December 31, 2015 and 2014, respectively. The intrinsic values of unit awards vested during the years ended December 31, 2015 and 2014 were $0.6 million and $0.1 million, respectively. (2) Based on the closing price of the common units on December 31, 2015, the estimated intrinsic value of the outstanding unit awards was $2.7 million at December 31, 2015. 2004 Long-Term Incentive Plan The Compensation Committee administers the Partnership’s 2004 Long-Term Incentive Plan (“2004 LTIP”). The 2004 LTIP permitted the grant of awards, which may be in the form of phantom units, restricted units, unit appreciation rights (“UAR”), or unit options. At December 31, 2015, the estimated number of common units to be issued upon vesting and exercise of outstanding rights under this plan was 187,328, based upon the closing price of our common units at December 31, 2015. A cumulative number of 626,188 common units have been issued under the plan. There were no phantom units, restricted units, UARs and unit options available for grant under the 2004 LTIP at December 31, 2015 because the plan expired in 2014. Phantom Unit Awards Phantom unit awards granted under the 2004 plan included tandem DERs. These DERs continue to accrue until the underlying securities are issued. The following table sets forth the 2004 LTIP phantom unit award activity for the years ended December 31, 2015, 2014 and 2013, respectively: Years Ended December 31, 2015 2014 2013 Outstanding, beginning of period 169,122 162,103 143,213 Granted (1) 15,335 23,003 18,890 Settled in common units or cash — (15,984 ) — Outstanding, end of period (2) 184,457 169,122 162,103 (1) The weighted-average grant date fair value for the phantom unit awards on the date of grant was $28.42, $24.90, and $25.29 for the years ended December 31, 2015, 2014 and 2013, respectively. The intrinsic values of phantom unit awards vested during the years ended December 31, 2015, 2014 and 2013 were $0.9 million, $1.0 million and $0.8 million, respectively. (2) Based on the closing price of the common units on December 31, 2015, the estimated intrinsic value of the outstanding restricted phantom units was $4.9 million. Total compensation expense for phantom unit awards under both the 2004 and 2014 plans was approximately $1.0 million, $1.0 million and $0.8 million for the years ended December 31, 2015, 2014 and 2013, respectively. Unit Appreciation Rights Awards UAR awards represent rights to receive a right to receive common units in an amount equal to the closing price of the Partnership’s common units on the date preceding the exercise date less the exercise price of the UAR award, to the extent the closing price of the Partnership’s common units on the date preceding the exercise date is in excess of the exercise price. This amount is then divided by the closing pricing of the Partnership’s common units on the date preceding the exercise date to determine the number of common units issued to the participant. UAR awards are subject to terms and conditions determined by the Compensation Committee, which may include vesting restrictions. UAR awards granted through December 31, 2015 have a five-year contractual term beginning on the grant date and vest ratably over a period of 48 months beginning on the grant date. Of the UAR awards outstanding at December 31, 2015, 20,313 awards will vest within the following twelve months. The following table sets forth the UAR award activity for the years ended December 31, 2015, 2014 and 2013: Years Ended December 31, 2015 2014 2013 Outstanding, beginning of period 123,000 673,716 774,598 Granted — 15,000 52,500 Exercised (50,477 ) (554,466 ) (133,110 ) Forfeited (5,730 ) (11,250 ) (20,272 ) Outstanding, end of period (1) 66,793 123,000 673,716 Exercisable, end of period 33,092 57,090 594,248 (1) Based on the closing price of the common units on December 31, 2015 the estimated intrinsic value of the outstanding UARs was $0.1 million. The weighted average remaining contractual life for outstanding UAR awards at December 31, 2015 was 2.6 years. At December 31, 2015, the Partnership had approximately $0.1 million of unrecognized compensation expense related to unvested UAR awards that will be recognized through the year ended December 31, 2018. The Partnership recognized total compensation expense for UAR awards of $0.1 million, $0.1 million and $0.5 million for the years ended December 31, 2015, 2014 and 2013, respectively. The Partnership issued 7,716, 152,823 and 34,096 common units due to exercised UAR awards for the years ended December 31, 2015, 2014 and 2013, respectively. The Partnership’s estimated fair value of UAR awards granted during the years ended December 31, 2014 and 2013 were calculated on the grant date using the Black-Scholes-Merton option pricing model, which is based on Level 3 inputs. There were no UAR awards granted during the year ended December 31, 2015. A summary of the weighted-average assumptions used in the valuation are presented below: Years Ended December 31, 2014 2013 Expected dividend yield 9.95 % 9.14 % Risk-free interest rate 1.06 % 0.63 % Expected volatility 27.13 % 28.57 % Expected life (in years) 3.52 3.52 Fair value per UAR granted $ 1.60 $ 2.09 The aggregate fair values of UARs granted during the years ended December 31, 2014 and 2013 were approximately $0.1 million.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2015
COMMITMENTS AND CONTINGENCIES	13. COMMITMENTS AND CONTINGENCIES Legal During the year ended December 31, 2015, the Partnership recognized a charge pertaining to a legal settlement of a Fair Labor Standards Act claim. This $3.1 million amount is recorded under “Legal settlement” on the consolidated statement of operations and consists of the settlement amount and legal fees related to the case. The Partnership is party to legal proceedings in the ordinary course of its business but does not expect the outcome of any proceedings, individually or in the aggregate, to have a material effect on its financial position or results of operations. Leases The Partnership has noncancelable operating leases for equipment and office space that expire at various dates with initial terms ranging from one to twenty-five years. Certain operating leases provide the Partnership with the option to renew for additional periods. Where operating leases contain escalation clauses, rent abatements, and/or concessions, the Partnership applies them in the determination of straight-line rent expense over the lease term. Leasehold improvements are amortized over the shorter of the lease term or asset life, which may include renewal periods where the renewal is reasonably assured, and is included in the determination of straight-line rent expense. Total rent expense for the years ended December 31, 2015, 2014 and 2013 was $3.4 million, $2.5 million and $2.7 million, respectively. The aggregate amount of remaining future minimum lease payments as of December 31, 2015 is as follows (in thousands): 2016 $ 3,356 2017 3,520 2018 3,411 2019 3,069 2020 1,784 Thereafter 10,471 Total $ 25,611 Employment Agreements As of December 31, 2015, the Partnership has an employment agreement with one of its senior executives for a term of three years beginning July 22, 2013. Other In connection with the Partnership’s lease and management agreements with the Archdiocese of Philadelphia, it has committed to certain future lease payment commitments (see Note 2).

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2015
FAIR VALUE OF FINANCIAL INSTRUMENTS	14. FAIR VALUE OF FINANCIAL INSTRUMENTS Management has established a hierarchy to measure the Partnership’s financial instruments at fair value, which requires it to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Observable inputs represent market data obtained from independent sources; whereas, unobservable inputs reflect the Partnership’s own market assumptions, which are used if observable inputs are not reasonably available without undue cost and effort. The hierarchy defines three levels of inputs that may be used to measure fair value: Level 1 – Unadjusted quoted market prices in active markets for identical, unrestricted assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the same contractual term of the asset or liability. Level 3 – Unobservable inputs that the entity’s own assumptions about the assumptions market participants would use in the pricing of the asset or liability and are consequently not based on market activity but rather through particular valuation techniques. The Partnership’s current assets and liabilities on its consolidated balance sheets are considered to be financial instruments, and their estimated fair values approximate their carrying values due to their short-term nature and thus are categorized as Level 1. The Partnership’s merchandise and perpetual care trusts consist of investments in debt and equity marketable securities and cash equivalents, are carried at fair value, and are considered either Level 1 or Level 2 (see Note 6 and 7). The Partnership’s other financial instruments at December 31, 2015 and 2014 consist of its Senior Notes and outstanding borrowings under its revolving credit facility (see Note 9). The estimated fair values of the Partnership’s Senior Notes at December 31, 2015 and 2014 were $179.9 million and $182.2 million, respectively, based on trades made on those dates, compared with the carrying amounts of $172.2 million and $171.8 million, respectively. At December 31 2015 and 2014, the carrying values of outstanding borrowings under the Partnership’s revolving credit facility (see Note 9), which bears interest at variable interest rates with maturities of 90 days or less, approximated their estimated fair values. The Senior Notes are valued using Level 2 inputs.

SUPPLEMENTAL CONDENSED CONSOLID

SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2015
SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION	15. SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION The Partnership’s Senior Notes are guaranteed by StoneMor Operating LLC and its wholly-owned subsidiaries. The guarantees are full, unconditional, joint and several. The Partnership, or the “Parent”, and its wholly-owned subsidiary Cornerstone Family Services of West Virginia Subsidiary Inc., are the co-issuers of the Senior Notes. The co-issuers guarantees are full, unconditional, joint and several. The Partnership’s consolidated financial statements as of and for the years ended December 31, 2015, 2014, and 2013 include the accounts of cemeteries operated under long-term lease, operating or management agreements. Under the terms of the Senior Notes these entities are non-guarantor subsidiaries as they are not wholly-owned by the Partnership. The Partnership’s consolidated financial statements also contain merchandise and perpetual care trusts that are also non-guarantor subsidiaries under the agreement. The following supplemental condensed consolidating financial information reflects the Partnership’s standalone accounts, the combined accounts of the subsidiary co-issuer, the combined accounts of the guarantor subsidiaries, the combined accounts of the non-guarantor subsidiaries, the consolidating adjustments and eliminations and the Partnership’s consolidated accounts as of and for the years ended December 31, 2015, 2014 and 2013. For the purpose of the following financial information, the Partnership’s investments in its subsidiaries and the guarantor subsidiaries’ investments in its subsidiaries are presented in accordance with the equity method of accounting (in thousands): CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2015 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ — $ 11,869 $ 3,284 $ — $ 15,153 Other current assets — 4,797 75,337 12,511 — 92,645 Total current assets — 4,797 87,206 15,795 — 107,798 Long-term accounts receivable — 2,888 80,969 11,310 — 95,167 Cemetery property and equipment — 1,084 414,785 31,100 — 446,969 Merchandise trusts — — — 464,676 — 464,676 Perpetual care trusts — — — 307,804 — 307,804 Deferred selling and obtaining costs — 5,967 91,275 14,300 — 111,542 Goodwill and intangible assets — — 78,223 58,837 — 137,060 Other assets — — 12,913 2,196 — 15,109 Due from affiliates 68,000 121,228 430,079 — (619,307 ) — Investment in affiliates 183,678 40,783 (1,375 ) — (223,086 ) — Total assets $ 251,678 $ 176,747 $ 1,194,075 $ 906,018 $ (842,393 ) $ 1,686,125 Liabilities and Equity Current liabilities $ — $ 12 $ 34,969 $ 837 $ — $ 35,818 Long-term debt, net of deferred financing costs 68,000 104,200 144,199 — — 316,399 Deferred cemetery revenues, net — 27,528 539,878 70,130 — 637,536 Merchandise liability — 5,599 156,838 10,660 — 173,097 Perpetual care trust corpus — — — 307,804 — 307,804 Other long-term liabilities — — 22,299 9,494 — 31,793 Due to affiliates — — 173,575 445,732 (619,307 ) — Total liabilities 68,000 137,339 1,071,758 844,657 (619,307 ) 1,502,447 Partners’ Capital 183,678 39,408 122,317 61,361 (223,086 ) 183,678 Total liabilities and partners’ capital $ 251,678 $ 176,747 $ 1,194,075 $ 906,018 $ (842,393 ) $ 1,686,125 December 31, 2014 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ — $ 7,059 $ 3,342 $ — $ 10,401 Other current assets — 4,244 76,753 10,480 — 91,477 Total current assets — 4,244 83,812 13,822 — 101,878 Long-term accounts receivable — 2,453 76,416 10,667 — 89,536 Cemetery property and equipment — 1,033 408,983 30,223 — 440,239 Merchandise trusts — — — 484,820 — 484,820 Perpetual care trusts — — — 345,105 — 345,105 Deferred selling and obtaining costs — 5,744 81,195 10,856 — 97,795 Goodwill and intangible assets — — 67,993 59,833 — 127,826 Other assets — — 930 2,246 — 3,176 Due from affiliates 67,700 133,569 436,421 — (637,690 ) — Investment in affiliates 208,762 64,429 8,166 — (281,357 ) — Total assets $ 276,462 $ 211,472 $ 1,163,916 $ 957,572 $ (919,047 ) $ 1,690,375 Liabilities and Equity Current liabilities $ — $ 263 $ 37,774 $ 815 $ — $ 38,852 Long-term debt, net of deferred financing costs 67,700 104,100 104,489 — — 276,289 Deferred cemetery revenues, net — 28,599 551,283 63,526 — 643,408 Merchandise liability — 5,915 134,101 10,176 — 150,192 Perpetual care trust corpus — — — 345,105 — 345,105 Other long-term liabilities — — 19,000 8,767 — 27,767 Due to affiliates — — 171,800 465,890 (637,690 ) — Total liabilities 67,700 138,877 1,018,447 894,279 (637,690 ) 1,481,613 Partners’ Capital 208,762 72,595 145,469 63,293 (281,357 ) 208,762 Total liabilities and partners’ capital $ 276,462 $ 211,472 $ 1,163,916 $ 957,572 $ (919,047 ) $ 1,690,375 CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS Subsidiary Guarantor Non-Guarantor Year Ended December 31, 2015 Parent Issuer Subsidiaries Subsidiaries Eliminations Consolidated Total revenues $ — $ 5,722 $ 262,728 $ 47,489 $ (10,299 ) $ 305,640 Total cost and expenses — (10,623 ) (257,099 ) (46,877 ) 10,299 (304,300 ) Other income (loss) — — (1,891 ) — — (1,891 ) Net loss from equity investment in subsidiaries (18,810 ) (19,966 ) — — 38,776 — Interest expense (5,434 ) (8,347 ) (8,076 ) (728 ) — (22,585 ) Net income (loss) before income taxes (24,244 ) (33,214 ) (4,338 ) (116 ) 38,776 (23,136 ) Income tax benefit (expense) — — (1,108 ) — — (1,108 ) Net income (loss) $ (24,244 ) $ (33,214 ) $ (5,446 ) $ (116 ) $ 38,776 $ (24,244 ) Year Ended December 31, 2014 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Total revenues $ — $ 8,237 $ 254,997 $ 36,982 $ (12,131 ) $ 288,085 Total cost and expenses — (11,547 ) (235,113 ) (39,696 ) 12,131 (274,225 ) Other income (loss) — — 890 — — 890 Net loss from equity investment in subsidiaries (5,339 ) (9,350 ) — — 14,689 — Interest expense (5,434 ) (8,347 ) (7,430 ) (399 ) — (21,610 ) Net income (loss) before income taxes (10,773 ) (21,007 ) 13,344 (3,113 ) 14,689 (6,860 ) Income tax benefit (expense) — — (3,913 ) — — (3,913 ) Net income (loss) $ (10,773 ) $ (21,007 ) $ 9,431 $ (3,113 ) $ 14,689 $ (10,773 ) Year Ended December 31, 2013 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Total revenues $ — $ 5,744 $ 226,653 $ 29,313 $ (15,069 ) $ 246,641 Total cost and expenses — (8,523 ) (212,754 ) (34,050 ) 15,069 (240,258 ) Other income (loss) — 12,261 (18,910 ) — — (6,649 ) Net loss from equity investment in subsidiaries (13,598 ) (6,794 ) — — 20,392 — Interest expense (5,434 ) (8,347 ) (7,289 ) — — (21,070 ) Net income (loss) before income taxes (19,032 ) (5,659 ) (12,300 ) (4,737 ) 20,392 (21,336 ) Income tax benefit (expense) — — 2,304 — — 2,304 Net income (loss) $ (19,032 ) $ (5,659 ) $ (9,996 ) $ (4,737 ) $ 20,392 $ (19,032 ) CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS Year Ended December 31, 2015 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 2,356 $ 284 $ 14,626 $ 2,933 $ (16,137 ) $ 4,062 Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures — (284 ) (30,864 ) (2,991 ) — (34,139 ) Net cash used in investing activities — (284 ) (30,864 ) (2,991 ) — (34,139 ) Cash Flows From Financing Activities: Cash distributions (77,512 ) — — — — (77,512 ) Payments to affiliates — — (16,137 ) — 16,137 — Net borrowings and repayments of debt — — 37,261 — — 37,261 Proceeds from issuance of common units 75,156 — — — — 75,156 Other financing activities — — (76 ) — — (76 ) Net cash provided by (used in) financing activities (2,356 ) — 21,048 — 16,137 34,829 Net increase (decrease) in cash and cash equivalents — — 4,810 (58 ) — 4,752 Cash and cash equivalents—Beginning of period — — 7,059 3,342 — 10,401 Cash and cash equivalents—End of period $ — $ — $ 11,869 $ 3,284 $ — $ 15,153 Year Ended December 31, 2014 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided by operating activities $ — $ 150 $ 29,918 $ 3,161 $ (13,781 ) $ 19,448 Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures — (150 ) (67,777 ) (2,731 ) — (70,658 ) Consideration for lease and management agreements — — — (53,000 ) — (53,000 ) Payments to affiliates (110,661 ) — (53,000 ) — 163,661 — Net cash used in investing activities (110,661 ) (150 ) (120,777 ) (55,731 ) 163,661 (123,658 ) Cash Flows From Financing Activities: Cash distributions (62,836 ) — — — — (62,836 ) Payments from affiliates — — 96,880 53,000 (149,880 ) — Net borrowings and repayments of debt — — (5,275 ) — — (5,275 ) Proceeds from issuance of common units 173,497 — — — — 173,497 Other financing activities — — (2,950 ) — — (2,950 ) Net cash provided by (used in) financing activities 110,661 — 88,655 53,000 (149,880 ) 102,436 Net increase (decrease) in cash and cash equivalents — — (2,204 ) 430 — (1,774 ) Cash and cash equivalents—Beginning of period — — 9,263 2,912 — 12,175 Cash and cash equivalents—End of period $ — $ — $ 7,059 $ 3,342 $ — $ 10,401 Year Ended December 31, 2013 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 13,676 $ 73 $ 49,544 $ (759 ) $ (27,457 ) $ 35,077 Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures — (73 ) (26,299 ) (325 ) — (26,697 ) Net cash used in investing activities — (73 ) (26,299 ) (325 ) — (26,697 ) Cash Flows From Financing Activities: Cash distributions (52,053 ) — — — — (52,053 ) Payments to affiliates — — (27,457 ) — 27,457 — Net borrowings and repayments of debt — — 29,570 — — 29,570 Proceeds from issuance of common units 38,377 — — — — 38,377 Other financing activities — — (20,045 ) — — (20,045 ) Net cash provided by (used in) financing activities (13,676 ) — (17,932 ) — 27,457 (4,151 ) Net increase (decrease) in cash and cash equivalents — — 5,313 (1,084 ) — 4,229 Cash and cash equivalents - Beginning of period — — 3,950 3,996 — 7,946 Cash and cash equivalents - End of period $ — $ — $ 9,263 $ 2,912 $ — $ 12,175

ISSUANCES OF LIMITED PARTNER UN

ISSUANCES OF LIMITED PARTNER UNITS	12 Months Ended
	Dec. 31, 2015
ISSUANCES OF LIMITED PARTNER UNITS	16. ISSUANCES OF LIMITED PARTNER UNITS On November 19, 2015, the Partnership entered into an equity distribution agreement (“ATM Equity Program”) with a group of banks (the “Agents”) whereby it may sell, from time to time, common units representing limited partner interests having an aggregate offering price of up to $100,000,000. Sales of common units, if any, may be made in negotiated transactions or transactions that are deemed to be “at-the-market” (“ATM”) offerings as defined in Rule 415 of the Securities Act, including sales made directly on the New York Stock Exchange, the existing trading market for the common units, or sales made to or through the market maker other than on an exchange or through an electronic communications network. The Partnership will pay each of the Agents a commission, which in each case shall not be more than 2.0% of the gross sales price of common units sold through such Agent. During the year ended December 31, 2015, the Partnership issued 277,667 common units under the ATM Equity Program for net proceeds of $7.5 million. On July 10, 2015, the Partnership issued 2,415,000 common units in a public offering at a price of $29.63 per unit. Net proceeds from the offering, after deducting underwriting discounts and offering expenses, were approximately $67.9 million. The proceeds were used to repay outstanding borrowings under the Partnership’s Credit Facility. In February 2014, the Partnership issued 2,300,000 common units in a public offering at a price of $24.45 per unit. Net proceeds of the offering, after deducting underwriting discounts and offering expenses, were approximately $53.2 million. The proceeds from the offering were used to repay outstanding borrowings under the Partnership’s Credit Facility. In May 2014, the Partnership sold to American Cemeteries Infrastructure Investors, LLC, a Delaware limited liability company (“ACII”), 2,255,947 common units (the “ACII Units”) at an aggregate purchase price of $55.0 million pursuant to a Common Unit Purchase Agreement (the “Common Unit Purchase Agreement”), dated May 19, 2014, by and between ACII and the Partnership. Pursuant to the Common Unit Purchase Agreement, commencing with the quarter ending June 30 2014, the ACII Units are entitled to receive cash distributions equal to those paid on the common units generally. Through the quarter ending June 30, 2018, such distributions may be paid in cash, paid-in-kind (“PIK”) common units issued to ACII in lieu of cash distributions, or a combination of cash and PIK units, as determined by the Partnership at its sole discretion. If the Partnership elects to pay cash distributions through the issuance of PIK units, the number of common units to be issued in connection with a quarterly cash distribution will be the quotient of (i) the amount of the quarterly cash distribution paid on the common units by (B) the volume-weighted average price of the common units for the thirty (30) trading days immediately preceding the date the quarterly cash distribution is declared with respect to the common units. Beginning with the quarterly cash distribution payable with respect to the quarter ending September 30, 2018, the ACII Units will receive cash distributions on the same basis as all other common units and the Partnership will no longer have the ability to elect to pay quarterly cash distributions in PIK units. The Partnership issued 204,804 and 111,740 PIK Units to ACII in lieu of cash distributions of $5.8 million and $2.8 million, respectively, during the years ended December 31, 2015 and 2014, respectively. In June 2014, the Partnership issued 2,990,000 common units in a public offering at a price of $23.67 per unit. Net proceeds of the offering, after deducting underwriting discounts and offering expenses, were approximately $67.1 million. The proceeds from the offering were used to pay the purchase price of certain properties acquired and repay outstanding borrowings under the Partnership’s Credit Facility. In March 2013, the Partnership issued 1,610,000 common units in a public offering at a price of $25.35 per unit. Net proceeds of the offering, after deducting underwriting discounts and offering expenses, were approximately $38.4 million. The proceeds from the offering were used to repay outstanding borrowings on the Partnership’s Credit Facility.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2015
SEGMENT INFORMATION	17. SEGMENT INFORMATION The Partnership’s operations include two reportable operating segments, Cemetery Operations and Funeral Homes. These operating segments reflect the way the Partnership manages its operations and makes business decisions as of December 31, 2015 and represent a change from prior periods. Prior periods were revised to the current year presentation. Operating segment data for the periods indicated were as follows (in thousands): Years Ended December 31 2015 2014 2013 Cemetery Operations: Revenues $ 247,870 $ 239,399 $ 201,686 Operating costs and expenses (205,475 ) (188,711 ) (165,130 ) Depreciation and amortization (7,766 ) (6,904 ) (5,336 ) Segment income $ 34,629 $ 43,784 $ 31,220 Funeral Homes: Revenues $ 57,770 $ 48,686 $ 44,955 Operating costs and expenses (47,413 ) (39,710 ) (35,654 ) Depreciation and amortization (3,257 ) (3,200 ) (3,036 ) Segment income $ 7,100 $ 5,776 $ 6,265 Reconciliation of segment income to net loss: Cemeteries $ 34,629 $ 43,784 $ 31,220 Funeral homes 7,100 5,776 6,265 Total segment income 41,729 49,560 37,485 Corporate overhead (38,609 ) (34,723 ) (29,926 ) Corporate depreciation and amortization (1,780 ) (977 ) (1,176 ) Other net gains (losses) (1,891 ) 890 (6,649 ) Interest expense (22,585 ) (21,610 ) (21,070 ) Income tax benefit (expense) (1,108 ) (3,913 ) 2,304 Net loss $ (24,244 ) $ (10,773 ) $ (19,032 ) Capital expenditures: Cemeteries $ 11,853 $ 13,368 $ 10,111 Funeral homes 580 545 1,250 Corporate 2,906 661 1,391 Total capital expenditures $ 15,339 $ 14,574 $ 12,752 Balance sheet information: Total assets—Cemetery Operations $ 1,473,694 $ 1,507,994 $ 1,310,290 Total assets—Funeral Homes 190,443 164,925 135,232 Total assets—Corporate 21,988 17,456 20,513 Total assets $ 1,686,125 $ 1,690,375 $ 1,466,035 Goodwill—Cemetery Operations $ 25,320 $ 24,186 $ 18,122 Goodwill—Funeral Homes 44,531 34,650 30,615 Total goodwill $ 69,851 $ 58,836 $ 48,737

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2015
SUBSEQUENT EVENTS	18. SUBSEQUENT EVENTS On January 26, 2016, the Partnership announced a quarterly cash distribution of $0.66 per common unit pertaining to the results for the fourth quarter of 2015. The distribution was paid on February 12, 2016 to common unit holders of record as of the close of business on February 5, 2016. Subsequent to December 31, 2015, the Partnership issued 474,657 common units under the ATM Equity Program for net proceeds of approximately $12.4 million. No issuances occurred during February 2016.

QUARTERLY RESULTS OF OPERATIONS

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	12 Months Ended
	Dec. 31, 2015
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	19. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) The following summarizes certain quarterly results of operations: Year Ended December 31, 2015 First Quarter Second Quarter Third Quarter Fourth Quarter (in thousands, except unit data) Revenues $ 67,417 $ 80,825 $ 78,200 $ 79,198 Net loss (8,883 ) (4,848 ) (3,402 ) (7,111 ) General partner’s interest in net loss for the period (120 ) (65 ) (42 ) (88 ) Limited partners’ interest in net loss for the period (8,763 ) (4,783 ) (3,360 ) (7,023 ) Net loss per limited partner unit (basic and diluted): $ (0.30 ) $ (0.16 ) $ (0.11 ) $ (0.22 ) Year Ended December 31, 2014 First Quarter Second Quarter Third Quarter Fourth Quarter (in thousands, except unit data) Revenues $ 64,387 $ 71,533 $ 78,174 $ 73,991 Net income (loss) 409 (118 ) (3,268 ) (7,796 ) General partner’s interest in net income (loss) for the period 4 (9 ) (44 ) (106 ) Limited partners’ interest in net income (loss) for the period 405 (109 ) (3,224 ) (7,690 ) Net income (loss) per limited partner unit (basic and diluted): $ 0.02 $ — $ (0.11 ) $ (0.26 ) Net income (loss) per limited partner unit is computed independently for each quarter and the full year based upon respective average units outstanding. Therefore, the sum of the quarterly per share amounts may not equal to the annual per share amounts.

GENERAL (Policies)

GENERAL (Policies)	12 Months Ended
	Dec. 31, 2015
Nature of Operations	Nature of Operations StoneMor Partners L.P. ( the “Partnership”) is a provider of funeral and cemetery products and services in the death care industry in the United States. As of December 31, 2015, the Partnership operated 307 cemeteries in 27 states and Puerto Rico, of which 276 are owned and 31 are operated under lease, management or operating agreements. The Partnership also owned and operated 105 funeral homes in 19 states and Puerto Rico.
Basis of Presentation	Basis of Presentation The consolidated financial statements included in this Form 10-K have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Partnership’s presentation of its deferred financing costs within its consolidated balance sheet has changed. These deferred costs were previously presented as under their own caption and are now presented as an offset to long-term debt using the caption, “Long-term debt, net of deferred financing cost.” Retrospective adjustment was made to the December 31, 2014 presentation of these deferred costs. This change in presentation has decreased the “Total assets” amount by $9.1 million and decreased “Total liabilities” by the same amount at December 31, 2014. There was no additional impact on other assets or any other previously reported amounts. Certain amounts in the prior year’s financial statements have been reclassified to conform to the current year presentation. The Partnership has revised its segment reporting and reporting units from prior presentations based on how it currently manages operations and makes business decisions. The Partnership now has two distinct reportable segments and reporting units, which are classified as Cemetery Operations and Funeral Homes, and are supported by corporate costs and expenses. Prior period balances and activities were adjusted to conform to this revised presentation.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of each of the Partnership’s wholly-owned subsidiaries. These statements also include the accounts of the merchandise and perpetual care trusts in which the Partnership has a variable interest and is the primary beneficiary. The Partnership operates 31 cemeteries under long-term lease, operating or management contracts. The operations of 16 of these managed cemeteries have been consolidated. The Partnership operates 15 cemeteries under long-term leases and other agreements that do not qualify as acquisitions for accounting purposes, including 13 cemeteries related to the transaction with the Archdiocese of Philadelphia that closed in the second quarter of 2014. As a result, the Partnership did not consolidate all of the existing assets and liabilities related to these cemeteries. The Partnership has consolidated the existing assets and liabilities of the merchandise and perpetual care trusts associated with these cemeteries as variable interest entities since the Partnership controls and receives the benefits and absorbs any losses from operating these trusts. Under the long-term leases, and other agreements associated with these properties, which are subject to certain termination provisions, the Partnership is the exclusive operator of these cemeteries and earns revenues related to sales of merchandise, services, and interment rights, and incurs expenses related to such sales, including the maintenance and upkeep of these cemeteries. Upon termination of these contracts, the Partnership will retain all of the benefits and related contractual obligations incurred from sales generated during the contract period. The Partnership has also recognized the existing merchandise liabilities that it assumed as part of these agreements. Total revenues derived from the cemeteries under these agreements totaled approximately $51.8 million, $42.5 million and $33.2 million for the years ended December 31, 2015, 2014 and 2013, respectively.
Use of Estimates	Use of Estimates The preparation of the Partnership’s consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements, as well as the reported amounts of revenue and expense during the reporting periods. The Partnership’s consolidated financial statements are based on a number of significant estimates, including revenue and expense accruals, depreciation and amortization, merchandise trusts and perpetual care trusts asset valuation, allowance for cancellations, unit-based compensation, merchandise liability, deferred sales revenue, deferred margin, deferred merchandise trust investment earnings, deferred obtaining costs, assets and liabilities obtained via business combinations and income taxes. As a result, actual results could differ from those estimates.
Accounts Receivable, Net of Allowance	Accounts Receivable, Net of Allowance The Partnership sells pre-need cemetery contracts whereby the customer enters into arrangements for future merchandise and services prior to the time of need. These sales are usually made using interest-bearing installment contracts not to exceed 60 months. The interest income is recorded when the interest amount is considered realizable and collectible, which typically coincides with cash payment. Interest income is not recognized until payments are collected in accordance with the contract. At the time of a pre-need sale, the Partnership records an account receivable in an amount equal to the total contract value less unearned finance income and any cash deposit paid, net of an estimated allowance for customer cancellations. The Partnership recognizes an allowance for cancellation of these receivables based upon its historical experience, which is recorded as a reduction in accounts receivable and a corresponding offset to deferred cemetery revenues, net. Management evaluates customer receivables for impairment on an individual contract basis based upon its historical experience, including the age of the receivable and the customer’s payment history. Since the Partnership’s receivables primarily relate to pre-need sales, the Partnership has not performed the service or fulfilled all of its obligations for the merchandise to which the receivable relates and, as such, no risk of loss exists regarding accounts receivable.
Cash and Cash Equivalents	Cash and Cash Equivalents The Partnership considers all highly liquid investments purchased with an original maturity of three months or less from the time they are acquired to be cash equivalents.
Property and Equipment	Property and Equipment Property and equipment is stated at cost or, upon acquisition of a business, at the fair value of the assets acquired and depreciated on a straight-line basis. Maintenance and repairs are charged to expense as incurred, whereas additions and major replacements are capitalized and depreciation is recorded over their estimated useful lives as follows: Buildings and improvements 10 to 40 years Furniture and equipment 3 to 10 years Leasehold improvements over the shorter of the term of
Inventories	Inventories Inventories are classified within other current assets on the Partnership’s consolidated balance sheet and include cemetery and funeral home merchandise valued at the lower of cost or net realizable value. Cost is determined primarily on a specific identification basis on a first-in, first-out basis. Inventories were approximately $9.7 million and $5.6 million at December 31, 2015 and 2014, respectively.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Partnership monitors the recoverability of long-lived assets, including cemetery property, property and equipment and other assets, based on estimates using factors such as current market value, future asset utilization, business and regulatory climate and future undiscounted cash flows expected to result from the use of the related assets, at a location level. The Partnership’s policy is to evaluate an asset for impairment when events or circumstances indicate that a long-lived asset’s carrying value may not be recovered. An impairment charge is recorded to write-down the asset to its fair value if the sum of future undiscounted cash flows is less than the carrying value of the asset.
Other-Than-Temporary Impairment of Trust Assets	Other-Than-Temporary Impairment of Trust Assets The Partnership determines whether or not the impairment of a fixed maturity debt security is other-than-temporary by evaluating each of the following: • Whether it is the Partnership’s intent to sell the security. If there is intent to sell, the impairment is considered to be other-than-temporary. • If there is no intent to sell, the Partnership evaluates if it is not more likely than not that it will be required to sell the debt security before its anticipated recovery. If the Partnership determines that it is more likely than not that it will be required to sell an impaired investment before its anticipated recovery, the impairment is considered to be other-than-temporary. The Partnership further evaluates whether or not all assets in the trusts have other-than-temporary impairments based upon a number of criteria including the severity of the impairment, length of time a security has been in a loss position, changes in market conditions and concerns related to the specific issuer. If an impairment is considered to be other-than-temporary, the cost basis of the security is adjusted downward to its fair value. For assets held in the perpetual care trusts, any reduction in the cost basis due to an other-than-temporary impairment is offset with an equal and opposite reduction in the perpetual care trust corpus and has no impact on earnings. For assets held in the merchandise trusts, any reduction in the cost basis due to an other-than-temporary impairment is recorded in deferred revenue.
Goodwill	Goodwill The Partnership tests goodwill for impairment at each year end by comparing its reporting units’ estimated fair values to carrying values. Because quoted market prices for the reporting units are not available, the Partnership’s management must apply judgment in determining the estimated fair value of these reporting units. The Partnership’s management uses all available information to make these fair value determinations, including the present values of expected future cash flows using discount rates commensurate with the risks involved in the Partnership’s assets and the available market data of the industry group. A key component of these fair value determinations is a reconciliation of the sum of the fair value calculations to the Partnership’s market capitalization. The observed market prices of individual trades of an entity’s equity securities (and thus its computed market capitalization) may not be representative of the fair value of the entity as a whole. Substantial value may arise from the ability to take advantage of synergies and other benefits that flow from control over another entity. Consequently, measuring the fair value of a collection of assets and liabilities that operate together in a controlled entity is different from measuring the fair value of that entity on a stand-alone basis. In most industries, including the Partnership’s, an acquiring entity typically is willing to pay more for equity securities that give it a controlling interest than an investor would pay for a number of equity securities representing less than a controlling interest. Therefore, once the above fair value calculations have been determined, the Partnership’s management also considers the inclusion of a control premium within the calculations. This control premium is judgmental and is based on, among other items, observed acquisitions in the Partnership’s industry. The resultant fair values calculated for the reporting units are compared to observable metrics on large mergers and acquisitions in the Partnership’s industry to determine whether those valuations appear reasonable in management’s judgment. Management will continue to evaluate goodwill at least annually, or when impairment indicators arise.
Deferred Cemetery Revenues, Net	Deferred Cemetery Revenues, Net Revenues from the sale of services and merchandise, as well as any investment income from the merchandise trust is deferred until such time that the services are performed or the merchandise is delivered. In addition to amounts deferred on new contracts, and investment income and unrealized gains on our merchandise trust, deferred cemetery revenues, net, includes deferred revenues from pre-need sales that were entered into by entities prior to the acquisition of those entities by the Partnership. The Partnership provides for a reasonable profit margin for these deferred revenues (deferred margin) to account for the future costs of delivering products and providing services on pre-need contracts that the Partnership acquired through acquisition. Deferred margin amounts are deferred until the merchandise is delivered or services are performed.
Income Taxes	Income Taxes The Partnership is not subject to U.S. federal and most state income taxes. The partners of the Partnership are liable for income tax in regard to their distributive share of the Partnership’s taxable income. Such taxable income may vary substantially from net income reported in the accompanying consolidated financial statements. Certain corporate subsidiaries are subject to federal and state income tax. Deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis and tax carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Partnership records a valuation allowance against its deferred tax assets if it deems that it is more likely than not that some portion or all of the recorded deferred tax assets will not be realizable in future periods.
Net Income (Loss) per Common Unit	Net Income (Loss) per Common Unit Basic net income (loss) attributable to common limited partners per unit is computed by dividing net income (loss) attributable to common limited partners, which is determined after the deduction of the general partner’s interest, by the weighted average number of common limited partner units outstanding during the period. Net income (loss) attributable to common limited partners is determined by deducting net income attributable to participating securities, if applicable and net income (loss) attributable to the general partner’s units. The general partner’s interest in net income (loss) is calculated on a quarterly basis based upon its units and incentive distributions to be distributed for the quarter, with a priority allocation of net income to the general partner’s incentive distributions, if any, in accordance with the partnership agreement, and the remaining net income (loss) allocated with respect to the general partner’s and limited partners’ ownership interests. The Partnership presents net income (loss) per unit under the two-class method for master limited partnerships, which considers whether the incentive distributions of a master limited partnership represent a participating security when considered in the calculation of earnings per unit under the two-class method. The two-class method considers whether the partnership agreement contains any contractual limitations concerning distributions to the incentive distribution rights that would impact the amount of earnings to allocate to the incentive distribution rights for each reporting period. If distributions are contractually limited to the incentive distribution rights’ share of currently designated available cash for distributions as defined under the partnership agreement, undistributed earnings in excess of available cash should not be allocated to the incentive distribution rights. Under the two-class method, management of the Partnership believes the partnership agreement contractually limits cash distributions to available cash; therefore, undistributed earnings are not allocated to the incentive distribution rights. Unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and are included in the computation of earnings per unit pursuant to the two-class method. Phantom unit awards, which consist of common units issuable under the terms of its long-term incentive plan (see Note 12), contain non-forfeitable rights to distribution equivalents of the Partnership. The participation rights would result in a non-contingent transfer of value each time the Partnership declares a distribution or distribution equivalent right during the award’s vesting period. However, unless the contractual terms of the participating securities require the holders to share in the losses of the entity, net loss is not allocated to the participating securities. As such, the net income utilized in the calculation of net income (loss) per unit must be after the allocation of only net income to the phantom units on a pro-rata basis. The following is a reconciliation of net income (loss) allocated to the common limited partners for purposes of calculating net income (loss) attributable to common limited partners per unit (in thousands, except unit data): Years Ended December 31, 2015 2014 2014 Net loss $ (24,244 ) $ (10,773 ) $ (19,032 ) Less: General partner’s interest (315 ) (155 ) (350 ) Net loss attributable to common limited partners $ (23,929 ) $ (10,618 ) $ (18,682 ) Diluted net income (loss) attributable to common limited partners per unit is calculated by dividing net income (loss) attributable to common limited partners, less income allocable to participating securities, by the sum of the weighted average number of common limited partner units outstanding and the dilutive effect of unit option awards, as calculated by the treasury stock or if converted methods, as applicable. Unit options consist of common units issuable upon payment of an exercise price by the participant under the terms of the Partnership’s long-term incentive plan (see Note 12). The following table sets forth the reconciliation of the Partnership’s weighted average number of common limited partner units used to compute basic net income (loss) attributable to common limited partners per unit with those used to compute diluted net income (loss) attributable to common limited partners per unit (in thousands): Years Ended December 31, 2015 2014 2013 Weighted average number of common limited partner units—basic 30,472 26,582 20,954 Add effect of dilutive incentive awards (1) — — — Weighted average number of common limited partner units—diluted 30,472 26,582 20,954 (1) The diluted weighted average number of limited partners’ units outstanding presented on the consolidated statement of operations does not include 282,093 units, 164,709 units and 297,078 units for the years ended December 31, 2015, 2014 and 2013, respectively, as their effects would be anti-dilutive.
New Accounting Pronouncements	New Accounting Pronouncements In the second quarter of 2014, the Financial Accounting Standards Board (“FASB”) issued Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”), which supersedes the revenue recognition requirements in “Topic 605 - Revenue Recognition” and most industry-specific guidance. The core principle of ASU 2014-09 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. During the third quarter of 2015, Update No. 2015-14, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2015-14”) was released, deferring the effective date of the amendments to annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is permitted, only as of an annual reporting period beginning after December 15, 2016. The Partnership will adopt the requirements of ASU 2014-09 upon its effective date of January 1, 2018, and is evaluating the potential impact of the adoption on its financial position, results of operations or related disclosures. In the first quarter of 2015, the FASB issued Update No. 2015-02, “Consolidation (Topic 810)” (“ASU 2015-02”), which amends previous consolidation analysis guidance. ASU 2015-02 requires companies to consider revised consolidation criteria regarding limited partnerships and similar legal entities. The amendments are effective for annual reporting periods beginning after December 15, 2015, including interim periods within that reporting period. Early application is permitted. The Partnership will adopt the requirements of ASU 2015-02 upon its effective date of January 1, 2016, and it does not anticipate it having a material impact on its financial position, results of operations, and related disclosures. In the second quarter of 2015, the FASB issued Update No. 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” (“ASU 2015-03”), which changes the presentation of debt issuance costs. During the third quarter of 2015, Update No. 2015-15, “Interest - Imputation of Interest (Subtopic 835-30) (“ASU 2015-15”) was released clarifying the treatment of debt issuance costs associated with line-of-credit arrangements. ASU 2015-03 requires that debt issuance costs be presented in the balance sheet as a direct deduction from the carrying amount of the related debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by ASU 2015-03. ASU 2015-15 allows the deferral and presentation of debt issuance costs pertaining to line-of-credit arrangements as an asset. The amendments in the update are effective for annual reporting periods beginning after December 15, 2015, including interim periods within those reporting periods. Early application is permitted. The Partnership has elected to early adopt the presentation change regarding its deferred financing cost within its consolidated balance sheets. These deferred financing costs were previously presented as a separate asset caption and are now presented as a direct reduction to long-term debt under the caption, “Long-term debt, net of deferred financing costs.” This change in presentation has decreased “Total assets” and “Total liabilities” by $9.1 million at December 31, 2014. In the third quarter of 2015, the FASB issued Update No. 2015-16, “Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments” (“ASU 2015-16”). ASU 2015-16 requires that an acquirer recognize adjustments to estimated amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments are effective for fiscal years beginning after December 15, 2015 and early application is permitted. The Partnership has elected to early adopt the requirements of ASU 2015-16 during the fourth quarter of 2015, and it did not have a material impact on its financial position, results of operations and related disclosures. In the first quarter of 2016, the FASB issued Update No. 2016-01, “Financial Instruments (Subtopic 825-10)” (“ASU 2016-01”). The core principle of ASU 2016-01 is that all equity investments should be measured at fair value with changes in the fair value recognized through net income. The amendment is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is not permitted for the key aspects of the amendment. The Partnership will adopt the requirements of ASU 2016-01 upon its effective date of January 1, 2018, and is evaluating the potential impact of the adoption on its financial position, results of operations and related disclosures.
Merchandise Trusts
Trusts	Merchandise Trusts Pursuant to state law, a portion of the proceeds from pre-need sales of merchandise and services is put into trust (the “merchandise trust”) until such time that the Partnership meets the requirements for releasing trust principal, which is generally delivery of merchandise or performance of services. All investment earnings generated by the assets in the merchandise trusts (including realized gains and losses) are deferred until the associated merchandise is delivered or the services are performed (see Note 6).
Perpetual care trusts
Trusts	Perpetual Care Trusts Pursuant to state law, a portion of the proceeds from the sale of cemetery property is required to be paid into perpetual care trusts. The perpetual care trust principal does not belong to the Partnership and must remain in this trust into perpetuity while interest and dividends may be released and used to defray cemetery maintenance costs, which are expensed as incurred. The Partnership consolidates the trust into its financial statements because the trust is considered a variable interest entity for which the Partnership is the primary beneficiary. Earnings from the perpetual care trusts are recognized in current cemetery revenues (see Note 7).
Cemetery
Cemetery Property	Cemetery Property Cemetery property consists of developed and undeveloped cemetery property, constructed mausoleum crypts and lawn crypts and other cemetery property. Cemetery property is stated at cost or, upon acquisition of a business, at the fair value of the assets acquired.
Revenue Recognition Policy	Cemetery Merchandise and Services Sales The Partnership sells its merchandise and services on both a pre-need and at-need basis. Sales of at-need cemetery services and merchandise are recognized as revenue when the service is performed or merchandise is delivered. Pre-need sales are usually made on an installment contract basis for a period not to exceed 60 months with payments of principal and interest required. For those contracts that do not bear a market rate of interest, the Partnership imputes such interest based upon the prime rate plus 150 basis points, which resulted in a rate of 4.75% for contracts entered into during the three years ended December 31, 2015, in order to segregate the principal and interest component of the total contract value. At the time of a pre-need sale, the Partnership records an account receivable in an amount equal to the total contract value less unearned finance income and any cash deposit paid, net of an estimated allowance for customer cancellations. The revenue from both the sales and interest component is deferred. Interest revenue is recognized utilizing the effective interest method. The allowance for customer cancellations is established based on management’s estimates of expected cancellations and historical experiences. Revenue from the sale of burial lots and constructed mausoleum crypts is deferred until such time that 10% of the sales price has been collected, at which time it is fully earned; revenues from the sale of unconstructed mausoleums are recognized using the percentage-of-completion method of accounting while revenues from cemetery merchandise and services are recognized once such merchandise is delivered (title has transferred to the customer and the merchandise is either installed or stored, at the direction of the customer, at the vendor’s warehouse or a third-party warehouse at no additional cost to us) or services are performed. The Partnership defers certain pre-need cemetery and prearranged funeral direct obtaining costs that vary with and are primarily related to the acquisition of new pre-need cemetery and prearranged funeral business. Such costs are expensed as revenues are recognized. The Partnership recognizes a merchandise liability equal to the estimated cost of services and merchandise for all outstanding and unfulfilled pre-need contracts. The merchandise liability is established and recognized at the time of the sale on the consolidated balance sheet, but is not recognized as an expense on the consolidated statement of operations until such time that the associated revenue for the underlying contract is also recognized. The merchandise liability is established based on actual costs incurred or an estimate of future costs. The merchandise liability is reduced when services are performed or when payment for merchandise is made by the Partnership and title is transferred to the customer.
Funeral Home Services and Insurance Policies
Revenue Recognition Policy	Funeral Home Service and Insurance Policy Sales Revenue from funeral home services is recognized as services are performed and merchandise is delivered. The Partnership’s funeral home operations also include revenues related to the sale of term and final expense whole life insurance. As an agent for these insurance sales, the Partnership earns and recognizes commission-related revenue streams from the sales of these policies. Pursuant to state law, a portion of proceeds received from pre-need funeral service contracts is put into trust while amounts used to defray the initial administrative costs are not. All investment earnings generated by the assets in the trust (including realized gains and losses) are deferred until the associated merchandise is delivered or the services are performed. The balance of the amounts in these trusts is included within the merchandise trusts above.

GENERAL (Tables)

GENERAL (Tables)	12 Months Ended
	Dec. 31, 2015
Estimated Useful Lives	Maintenance and repairs are charged to expense as incurred, whereas additions and major replacements are capitalized and depreciation is recorded over their estimated useful lives as follows: Buildings and improvements 10 to 40 years Furniture and equipment 3 to 10 years Leasehold improvements over the shorter of the term of
Reconciliation of Net Income (Loss) Allocated to Common Limited Partners	The following is a reconciliation of net income (loss) allocated to the common limited partners for purposes of calculating net income (loss) attributable to common limited partners per unit (in thousands, except unit data): Years Ended December 31, 2015 2014 2013 Net loss $ (24,244 ) $ (10,773 ) $ (19,032 ) Less: General partner’s interest (315 ) (155 ) (350 ) Net loss attributable to common limited partners $ (23,929 ) $ (10,618 ) $ (18,682 )
Reconciliation of Partnership's Weighted Average Number of Common Limited Partner Units	The following table sets forth the reconciliation of the Partnership’s weighted average number of common limited partner units used to compute basic net income (loss) attributable to common limited partners per unit with those used to compute diluted net income (loss) attributable to common limited partners per unit (in thousands): Years Ended December 31, 2015 2014 2013 Weighted average number of common limited partner units—basic 30,472 26,582 20,954 Add effect of dilutive incentive awards (1) — — — Weighted average number of common limited partner units—diluted 30,472 26,582 20,954 (1) The diluted weighted average number of limited partners’ units outstanding presented on the consolidated statement of operations does not include 282,093 units, 164,709 units and 297,078 units for the years ended December 31, 2015, 2014 and 2013, respectively, as their effects would be anti-dilutive.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2015
Fixed Rent for Cemeteries	• the Tenant paid $53.0 million to the Landlord at closing, and agreed to make aggregate future rental payments of $36.0 million in accordance with the following schedule: Lease Years 1-5 None Lease Years 6-20 $1,000,000 per Lease Year Lease Years 21-25 $1,200,000 per Lease Year Lease Years 26-35 $1,500,000 per Lease Year Lease Years 36-60 None
Assets Acquired And Liabilities Assumed Based on Estimated Fair Value	The following table presents the assets acquired and liabilities assumed in the transaction based on their estimated fair values (in thousands): Assets: Accounts receivable $ 1,610 Intangible asset 59,758 Total assets 61,368 Liabilities: Obligation for lease and management agreements 36,000 Discount on obligation for lease and management agreements (27,632 ) Obligation for lease and management agreements, net 8,368 Total liabilities 8,368 Total net assets $ 53,000
Consolidated Pro Forma Information	The Partnership prepared these pro forma unaudited financial results for comparative purposes only; they may not be indicative of the results that would have occurred if the acquisitions consummated during the years ended December 31, 2015 and 2014 and the related financings had occurred on January 1, 2014 or the results that will be attained in future periods (in thousands, except per unit data; unaudited): Years Ended December 31, 2015 2014 Revenue $ 310,712 $ 309,746 Net loss (25,340 ) (8,188 ) Net loss per limited partner unit (basic and diluted) $ (.82 ) $ (.28 )
2015 Acquisitions
Fair Values of Net Assets Acquired	The following table presents the Partnership’s values assigned to the assets acquired and liabilities assumed in the acquisitions, based on their estimated fair values at the dates of the acquisition, which may be prospectively adjusted as additional information is received (in thousands): Assets: Accounts receivable $ 2,761 Cemetery and funeral home property 7,018 Property and equipment 5,941 Inventory 53 Merchandise trusts, restricted 15,075 Perpetual care trusts, restricted 4,134 Intangible assets 406 Total assets 35,388 Liabilities: Deferred margin 6,618 Merchandise liabilities 14,414 Perpetual care trust corpus 4,134 Other liabilities 21 Total liabilities 25,187 Fair value of net assets acquired 10,201 Consideration paid—cash 18,800 Deferred cash consideration 876 Total consideration paid 19,676 Gain on bargain purchase $ 1,540 Goodwill from purchase $ 11,015
2014 Acquisition
Fair Values of Net Assets Acquired	The following table presents the Partnership’s final values assigned to the assets acquired and liabilities assumed in the acquisitions, based on their estimated fair values at the dates of the acquisition (in thousands): Assets: Accounts receivable $ 104 Cemetery property 470 Property and equipment 193 Merchandise trusts, restricted 2,685 Perpetual care trusts, restricted 691 Other assets 22 Deferred tax assets 87 Non-compete agreement 520 Total assets 4,772 Liabilities: Deferred margin 1,046 Merchandise liabilities 1,007 Deferred tax liability 641 Perpetual care trust corpus 691 Other liabilities 20 Total liabilities 3,405 Fair value of net assets acquired 1,367 Consideration paid—cash 2,581 Total consideration paid 2,581 Gain on bargain purchase $ 412 Goodwill from purchase $ 1,626
Second Quarter 2014 Acquisition
Fair Values of Net Assets Acquired	The following table presents the Partnership’s final values assigned to the assets acquired and liabilities assumed in the acquisition, based on their estimated fair values at the date of the acquisition (in thousands): Assets: Accounts receivable $ 6,188 Cemetery property 26,029 Property and equipment 15,776 Merchandise trusts, restricted 31,534 Perpetual care trusts, restricted 16,913 Intangible assets 1,170 Other assets 178 Total assets 97,788 Liabilities: Deferred margin 13,570 Merchandise liabilities 19,905 Deferred tax liability 2,010 Perpetual care trust corpus 16,913 Other liabilities 63 Total liabilities 52,461 Fair value of net assets acquired 45,327 Consideration paid 53,800 Goodwill from purchase $ 8,473
2013 Acquisitions
Fair Values of Net Assets Acquired	The following table presents the Partnership’s final values assigned to the assets acquired and liabilities assumed in the acquisitions, based on their estimated fair values at the dates of the acquisition (in thousands): Assets: Accounts receivable $ 1,531 Cemetery property 3,900 Property and equipment 9,362 Merchandise trusts, restricted 10,314 Perpetual care trusts, restricted 5,888 Non-compete agreements 1,927 Total assets 32,922 Liabilities: Deferred margin 2,183 Merchandise liabilities 6,091 Deferred tax liability 701 Perpetual care trust corpus 5,888 Other liabilities 258 Total liabilities 15,121 Fair value of net assets acquired 17,801 Consideration paid—cash 14,100 Consideration paid—units 3,592 Fair value of Notes Payable 3,000 Fair value of debt assumed for non-compete agreements 924 Total consideration paid 21,616 Gain on bargain purchase $ 2,530 Goodwill from purchase $ 6,345

ACCOUNTS RECEIVABLE, NET OF A28

ACCOUNTS RECEIVABLE, NET OF ALLOWANCE (Tables)	12 Months Ended
	Dec. 31, 2015
Long-Term Accounts Receivable, Net	Long-term accounts receivable, net, consisted of the following at the dates indicated (in thousands): December 31, 2015 2014 Customer receivables $ 207,645 $ 194,537 Unearned finance income (20,078 ) (20,360 ) Allowance for contract cancellations (23,985 ) (22,138 ) Accounts receivable, net of allowance 163,582 152,039 Less: current portion—net of allowance 68,415 62,503 Long-term portion—net of allowance $ 95,167 $ 89,536
Activity in Allowance for Contract Cancellations	Activity in the allowance for contract cancellations is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Balance—beginning of period $ 22,138 $ 20,275 $ 17,933 Provision for cancellations 25,307 20,870 20,069 Charge-offs—net (23,460 ) (19,007 ) (17,727 ) Balance—end of period $ 23,985 $ 22,138 $ 20,275

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2015
Property and Equipment	Property and equipment consists of the following at the dates indicated (in thousands): December 31, 2015 2014 Building and improvements $ 117,034 $ 108,178 Furniture and equipment 54,346 49,290 Property and equipment—gross 171,380 157,468 Less: accumulated depreciation (67,050 ) (57,077 ) Property and equipment, net of accumulated depreciation $ 104,330 $ 100,391
Cemetery property
Property and Equipment	Cemetery property consists of the following at the dates indicated (in thousands): December 31, 2015 2014 Developed land $ 83,834 $ 79,058 Undeveloped land 169,482 172,238 Mausoleum crypts and lawn crypts 77,526 78,524 Other land 11,797 10,028 Cemetery property $ 342,639 $ 339,848

PERPETUAL CARE TRUSTS (Tables)

PERPETUAL CARE TRUSTS (Tables) - Variable Interest Entity, Primary Beneficiary	12 Months Ended
	Dec. 31, 2015
Perpetual care trusts
Reconciliation of Trust Activities	A reconciliation of the Partnership’s perpetual care trust activities for the years ended December 31, 2015 and 2014 is presented below (in thousands): Years Ended December 31, 2015 2014 Balance - beginning of period $ 345,105 $ 311,771 Contributions 15,919 34,332 Distributions (15,003 ) (14,308 ) Interest and dividends 18,019 15,044 Capital gain distributions 1,952 125 Realized gains and losses 12,323 (164 ) Other than temporary impairment (29,047 ) — Taxes (631 ) (654 ) Fees (2,163 ) (2,054 ) Unrealized change in fair value (38,670 ) 1,013 Balance - end of period $ 307,804 $ 345,105
Cost and Market Value Associated with Assets Held in Trusts	The cost and market value associated with the assets held in the perpetual care trusts at December 31, 2015 and 2014 were as follows (in thousands): Gross Gross Fair Value Unrealized Unrealized Fair December 31, 2015 Hierarchy Level Cost Gains Losses Value Short-term investments 1 $ 36,618 $ — $ — $ 36,618 Fixed maturities: U.S. State and local government agency 2 126 14 — 140 Corporate debt securities 2 22,837 57 (845 ) 22,049 Other debt securities 2 36 — (1 ) 35 Total fixed maturities 22,999 71 (846 ) 22,224 Mutual funds - debt securities 1 184,866 35 (7,180 ) 177,721 Mutual funds - equity securities 1 68,079 1,054 (1,713 ) 67,420 Equity securities 1 2,319 636 (7 ) 2,948 Other invested assets 2 473 1 (162 ) 312 Total managed investments $ 315,354 $ 1,797 $ (9,908 ) $ 307,243 Assets acquired via acquisition 561 — — 561 Total $ 315,915 $ 1,797 $ (9,908 ) $ 307,804 Gross Gross Fair Value Unrealized Unrealized Fair December 31, 2014 Hierarchy Level Cost Gains Losses Value Short-term investments 1 $ 26,644 $ — $ — $ 26,644 Fixed maturities: U.S. Government and federal agency 1 100 16 — 116 U.S. State and local government agency 2 78 1 — 79 Corporate debt securities 2 24,275 104 (913 ) 23,466 Other debt securities 2 371 — — 371 Total fixed maturities 24,824 121 (913 ) 24,032 Mutual funds - debt securities 1 128,735 379 (5,220 ) 123,894 Mutual funds - equity securities 1 103,701 23,003 (1,268 ) 125,436 Equity securities 1 30,617 14,704 (247 ) 45,074 Other invested assets 2 25 — — 25 Total $ 314,546 $ 38,207 $ (7,648 ) $ 345,105
Contractual Maturities of Debt Securities Held in Trusts	The contractual maturities of debt securities held in the perpetual care trusts as of December 31, 2015 were as follows (in thousands): Less than 1 year through 6 years through More than December 31, 2015 1 year 5 years 10 years 10 years U.S. State and local government agency — 112 28 — Corporate debt securities 202 16,138 5,650 59 Other debt securities 35 — — — Total fixed maturities $ 237 $ 16,250 $ 5,678 $ 59
Aging of Unrealized Losses on Investments in Fixed Maturities and Equity Securities Held in Trusts	An aging of unrealized losses on the Partnership’s investments in fixed maturities and equity securities at December 31, 2015 and 2014 is presented below: Less than 12 months 12 Months or more Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2015 Value Losses Value Losses Value Losses (in thousands) Fixed maturities: U.S. State and local government agency $ — $ — $ 112 $ — $ 112 $ — Corporate debt securities 12,482 535 4,505 310 16,987 845 Other debt securities 35 1 — — 35 1 Total fixed maturities 12,517 536 4,617 310 17,134 846 Mutual funds - debt securities 81,215 4,263 50,774 2,917 131,989 7,180 Mutual funds - equity securities 16,514 1,363 4,308 350 20,822 1,713 Equity securities 488 6 1,137 1 1,625 7 Other invested assets — — 315 162 315 162 Total $ 110,734 $ 6,168 $ 61,151 $ 3,740 $ 171,885 $ 9,908 Less than 12 months 12 Months or more Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2014 Value Losses Value Losses Value Losses (in thousands) Fixed maturities: Corporate debt securities $ 14,434 $ 798 $ 2,519 $ 115 $ 16,953 $ 913 Other debt securities — — — — — — Total fixed maturities 14,434 798 2,519 115 16,953 913 Mutual funds - debt securities 30,345 768 86,814 4,452 117,159 5,220 Mutual funds - equity securities 13,035 1,268 — — 13,035 1,268 Equity securities 3,866 245 620 2 4,486 247 Other invested assets — — — — — — Total $ 61,680 $ 3,079 $ 89,953 $ 4,569 $ 151,633 $ 7,648
Merchandise Trusts
Reconciliation of Trust Activities	A reconciliation of the Partnership’s merchandise trust activities for the years ended December 31, 2015 and 2014 is presented below (in thousands): Years Ended December 31, 2015 2014 Balance—beginning of period $ 484,820 $ 431,556 Contributions 80,693 87,271 Distributions (50,987 ) (57,788 ) Interest and dividends 21,859 21,827 Capital gain distributions 2,413 1,242 Realized gains and losses 13,941 14,857 Other than temporary impairment (54,527 ) — Taxes (3,271 ) (2,543 ) Fees (3,296 ) (2,890 ) Unrealized change in fair value (26,969 ) (8,712 ) Balance—end of period $ 464,676 $ 484,820
Cost and Market Value Associated with Assets Held in Trusts	The cost and market value associated with the assets held in the merchandise trusts at December 31, 2015 and 2014 were as follows (in thousands): Gross Gross Fair Value Unrealized Unrealized Fair December 31, 2015 Hierarchy Level Cost Gains Losses Value Short-term investments 1 $ 35,150 $ — $ — $ 35,150 Fixed maturities: U.S. State and local government agency 2 98 6 (3 ) 101 Corporate debt securities 2 11,922 8 (546 ) 11,384 Other debt securities 2 7,150 11 (7 ) 7,154 Total fixed maturities 19,170 25 (556 ) 18,639 Mutual funds—debt securities 1 232,096 86 (10,713 ) 221,469 Mutual funds—equity securities 1 139,341 69 (12,249 ) 127,161 Equity securities 1 49,563 1,127 (2,474 ) 48,216 Other invested assets 2 1,681 — — 1,681 Total managed investments $ 477,001 $ 1,307 $ (25,992 ) $ 452,316 Assets acquired via acquisition 4,185 — — 4,185 West Virginia Trust Receivable 8,175 — — 8,175 Total $ 489,361 $ 1,307 $ (25,992 ) $ 464,676 Gross Gross Fair Value Unrealized Unrealized Fair December 31, 2014 Hierarchy Level Cost Gains Losses Value Short-term investments 1 $ 52,521 $ — $ — $ 52,521 Fixed maturities: U.S. State and local government agency 2 270 — (1 ) 269 Corporate debt securities 2 9,400 23 (447 ) 8,976 Other debt securities 2 7,157 — (18 ) 7,139 Total fixed maturities 16,827 23 (466 ) 16,384 Mutual funds—debt securities 1 150,477 869 (8,666 ) 142,680 Mutual funds—equity securities 1 167,353 12,568 (463 ) 179,458 Equity securities 1 81,639 4,167 (5,507 ) 80,299 Other invested assets 2 5,400 — (241 ) 5,159 Total managed investments $ 474,217 $ 17,627 $ (15,343 ) $ 476,501 West Virginia Trust Receivable 8,319 — — 8,319 Total $ 482,536 $ 17,627 $ (15,343 ) $ 484,820
Contractual Maturities of Debt Securities Held in Trusts	The contractual maturities of debt securities held within the merchandise trusts as of December 31, 2015 were as follows (in thousands): December 31, 2015 Less than 1 year through 6 years through More than U.S. State and local government agency $ — $ 23 $ 78 $ — Corporate debt securities — 8,152 3,232 — Other debt securities 3,520 3,634 — — Total fixed maturities $ 3,520 $ 11,809 $ 3,310 $ —
Aging of Unrealized Losses on Investments in Fixed Maturities and Equity Securities Held in Trusts	An aging of unrealized losses on the Partnership’s investments in debt and equity securities within the merchandise trusts at December 31, 2015 and December 31, 2014 is presented below: Less than 12 months 12 Months or more Total December 31, 2015 Fair Value Unrealized Losses Fair Value Unrealized Fair Value Unrealized Losses (in thousands) Fixed maturities: U.S. State and local government agency $ — $ — $ 33 $ 3 $ 33 $ 3 Corporate debt securities 7,247 411 1,513 135 8,760 546 Other debt securities 2,883 7 — — 2,883 7 Total fixed maturities 10,130 418 1,546 138 11,676 556 Mutual funds—debt securities 121,777 6,938 36,682 3,775 158,459 10,713 Mutual funds—equity securities 58,467 10,994 5,465 1,255 63,932 12,249 Equity securities 21,480 2,275 649 199 22,129 2,474 Total $ 211,854 $ 20,625 $ 44,342 $ 5,367 $ 256,196 $ 25,992 Less than 12 months 12 Months or more Total December 31, 2014 Fair Unrealized Fair Unrealized Fair Unrealized (in thousands) Fixed maturities: U.S. State and local government agency $ 143 $ 1 $ — $ — $ 143 $ 1 Corporate debt securities 5,905 342 1,506 105 7,411 447 Other debt securities 2,370 8 4,769 10 7,139 18 Total fixed maturities 8,418 351 6,275 115 14,693 466 Mutual funds—debt securities 32,072 1,039 95,629 7,627 127,701 8,666 Mutual funds—equity securities 4,147 463 — — 4,147 463 Equity securities 44,563 4,641 3,909 866 48,472 5,507 Other invested assets — — 4,881 241 4,881 241 Total $ 89,200 $ 6,494 $ 110,694 $ 8,849 $ 199,894 $ 15,343

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill by Reportable Segment	A rollforward of goodwill by reportable segment is as follows (in thousands): Cemeteries Funeral Homes Total Balance at December 31, 2013 $ 18,122 $ 30,615 $ 48,737 Goodwill from acquisitions during 2014 6,064 4,035 10,099 Balance at December 31, 2014 24,186 34,650 58,836 Goodwill from acquisitions during 2015 1,134 9,881 11,015 Balance at December 31, 2015 $ 25,320 $ 44,531 $ 69,851
Components of Intangible Assets	The following table reflects the components of intangible assets at December 31, 2015 and 2014 (in thousands): December 31, 2015 December 31, 2014 Gross Carrying Accumulated Net Intangible Gross Carrying Accumulated Net Intangible Amount Amortization Asset Amount Amortization Asset Lease and management agreements $ 59,758 $ (1,577 ) $ 58,181 $ 59,758 $ (581 ) $ 59,177 Underlying contract value 6,239 (1,014 ) 5,225 6,239 (858 ) 5,381 Non-compete agreements 5,656 (3,112 ) 2,544 5,250 (2,126 ) 3,124 Other intangible assets 1,439 (180 ) 1,259 1,439 (131 ) 1,308 Total intangible assets $ 73,092 $ (5,883 ) $ 67,209 $ 72,686 $ (3,696 ) $ 68,990
Estimated Amortization Expense Related to Intangible Assets with Finite Lives	The following is estimated amortization expense related to intangible assets with finite lives for the five years subsequent to December 31, 2015 (in thousands): 2016 $ 2,181 2017 $ 1,956 2018 $ 1,708 2019 $ 1,440 2020 $ 1,266

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2015
Outstanding Debt	Total debt consists of the following at the dates indicated (in thousands): December 31, 2015 2014 Credit Facility: Working Capital Draws $ 105,000 $ 85,902 Acquisition Draws 44,500 25,000 7.875% Senior Notes, due June 2021 172,186 171,783 Notes payable - acquisition debt 687 861 Notes payable - acquisition non-competes 1,629 2,451 Insurance and vehicle financing 2,336 1,632 Less deferred financing costs, net of accumulated amortization (7,499 ) (9,089 ) Total debt 318,839 278,540 Less current maturities (2,440 ) (2,251 ) Total long-term debt $ 316,399 $ 276,289
Redemption Price Expressed as Percentage of Principal Amount	At any time on or after June 1, 2016, we may redeem the Senior Notes, in whole or in part, at the redemption prices (expressed as percentages of the principal amount) set forth below, together with accrued and unpaid interest, if any, to the redemption date, if redeemed during the 12-month period beginning June 1 of the years indicated: Year Percentage 2016 105.906 % 2017 103.938 % 2018 101.969 % 2019 and thereafter 100.000 %

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2015
Income tax expense (benefit)	Income tax expense (benefit) for the years ended December 31, 2015, 2014 and 2013 consisted of the following (in thousands): Years Ended December 31, 2015 2014 2013 Current provision: State $ 723 $ 869 $ 685 Federal — — — Foreign 229 302 (125 ) Total 952 1,171 560 Deferred provision: State (355 ) 313 292 Federal 387 2,429 (3,156 ) Foreign 124 — — Total 156 2,742 (2,864 ) Total income tax expense (benefit) $ 1,108 $ 3,913 $ (2,304 )
Reconciliation of Federal Statutory Tax Rate to Partnership's Effective Tax Rate	A reconciliation of the federal statutory tax rate to the Partnership’s effective tax rate is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Computed tax provision (benefit) at the applicable statutory tax rate 35.0 % 35.0 % 35.0 % State and local taxes net of federal income tax benefit -2.6 % -15.6 % -2.2 % Tax exempt (income) loss -4.4 % -15.0 % -7.2 % Change in valuation allowance -65.1 % -158.2 % -43.1 % Partnership earnings not subject to tax 32.0 % 96.6 % 12.0 % Permanent differences 0.2 % 0.9 % 15.6 % Other 0.1 % -0.7 % 0.7 % Income tax expense (benefit) -4.8 % -57.0 % 10.8 %
Significant Components of Deferred Tax Assets and Liabilities	Significant components of the deferred tax assets and liabilities were as follows (in thousands): December 31, 2015 2014 Deferred tax assets: Prepaid expenses $ 7,626 $ 5,373 State net operating loss 14,260 13,015 Federal net operating loss 91,571 78,084 Other 67 (831 ) Valuation allowance (75,344 ) (57,148 ) Total deferred tax assets 38,180 38,493 Deferred tax liabilities: Property, plant and equipment 9,290 8,058 Deferred revenue related to future revenues and accounts receivable 37,475 39,164 Deferred revenue related to cemetery property 9,208 8,939 Total deferred tax liabilities 55,973 56,161 Net deferred tax liabilities $ 17,793 $ 17,668 Net deferred tax assets and liabilities were classified on the consolidated balance sheets as follows: Deferred tax assets $ 40 $ 40 Noncurrent assets 40 40 Deferred tax assets 38,140 38,453 Deferred tax liabilities 55,973 56,161 Noncurrent liabilities 17,833 17,708 Net deferred tax liabilities $ 17,793 $ 17,668

DEFERRED CEMETERY REVENUES, N34

DEFERRED CEMETERY REVENUES, NET (Tables)	12 Months Ended
	Dec. 31, 2015
Deferred Cemetery Revenues, Net	At December 31, 2015 and 2014, deferred cemetery revenues, net, consisted of the following (in thousands): December 31, 2015 2014 Deferred cemetery revenue $ 531,905 $ 456,632 Deferred merchandise trust revenue 80,294 104,717 Deferred merchandise trust unrealized gains (losses) (24,685 ) 2,284 Deferred pre-acquisition margin 142,672 140,378 Deferred cost of goods sold (92,650 ) (60,603 ) Deferred cemetery revenues, net $ 637,536 $ 643,408 Deferred selling and obtaining costs $ 111,542 $ 97,795

LONG-TERM INCENTIVE AND RETIR35

LONG-TERM INCENTIVE AND RETIREMENT PLANS (Tables)	12 Months Ended
	Dec. 31, 2015
Set Forth Unit Appreciation Right Award Activity	The following table sets forth the UAR award activity for the years ended December 31, 2015, 2014 and 2013: Years Ended December 31, 2015 2014 2013 Outstanding, beginning of period 123,000 673,716 774,598 Granted — 15,000 52,500 Exercised (50,477 ) (554,466 ) (133,110 ) Forfeited (5,730 ) (11,250 ) (20,272 ) Outstanding, end of period (1) 66,793 123,000 673,716 Exercisable, end of period 33,092 57,090 594,248 (1) Based on the closing price of the common units on December 31, 2015 the estimated intrinsic value of the outstanding UARs was $0.1 million. The weighted average remaining contractual life for outstanding UAR awards at December 31, 2015 was 2.6 years.
Weighted-Average Values and Assumptions Used to Estimate Fair Value of Unit Appreciation Rights	A summary of the weighted-average assumptions used in the valuation are presented below: Years Ended December 31, 2014 2013 Expected dividend yield 9.95 % 9.14 % Risk-free interest rate 1.06 % 0.63 % Expected volatility 27.13 % 28.57 % Expected life (in years) 3.52 3.52 Fair value per UAR granted $ 1.60 $ 2.09
2014 Plan
Long-Term Incentive Plan Activity	The following table sets forth the 2014 LTIP phantom unit award activity for the years ended December 31, 2015, and 2014, respectively: Years Ended December 31, 2015 2014 Outstanding, beginning of period 2,189 — Granted (1) 122,154 2,189 Settled in common units or cash (1) (14,455 ) — Performance vesting forfeiture (7,227 ) — Outstanding, end of period (2) 102,661 2,189 (1) The weighted-average grant date fair value for the unit awards on the date of grant was $26.94 and $26.27 for the years ended December 31, 2015 and 2014, respectively. The intrinsic values of unit awards vested during the years ended December 31, 2015 and 2014 were $0.6 million and $0.1 million, respectively. (2) Based on the closing price of the common units on December 31, 2015, the estimated intrinsic value of the outstanding unit awards was $2.7 million at December 31, 2015.
2004 Plan
Long-Term Incentive Plan Activity	The following table sets forth the 2004 LTIP phantom unit award activity for the years ended December 31, 2015, 2014 and 2013, respectively: Years Ended December 31, 2015 2014 2013 Outstanding, beginning of period 169,122 162,103 143,213 Granted (1) 15,335 23,003 18,890 Settled in common units or cash — (15,984 ) — Outstanding, end of period (2) 184,457 169,122 162,103 (1) The weighted-average grant date fair value for the phantom unit awards on the date of grant was $28.42, $24.90, and $25.29 for the years ended December 31, 2015, 2014 and 2013, respectively. The intrinsic values of phantom unit awards vested during the years ended December 31, 2015, 2014 and 2013 were $0.9 million, $1.0 million and $0.8 million, respectively. (2) Based on the closing price of the common units on December 31, 2015, the estimated intrinsic value of the outstanding restricted phantom units was $4.9 million.

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2015
Operating Leases Future Payments	The aggregate amount of remaining future minimum lease payments as of December 31, 2015 is as follows (in thousands): 2016 $ 3,356 2017 3,520 2018 3,411 2019 3,069 2020 1,784 Thereafter 10,471 Total $ 25,611

SUPPLEMENTAL CONDENSED CONSOL37

SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2015
Consolidated Balance Sheets	CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2015 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ — $ 11,869 $ 3,284 $ — $ 15,153 Other current assets — 4,797 75,337 12,511 — 92,645 Total current assets — 4,797 87,206 15,795 — 107,798 Long-term accounts receivable — 2,888 80,969 11,310 — 95,167 Cemetery property and equipment — 1,084 414,785 31,100 — 446,969 Merchandise trusts — — — 464,676 — 464,676 Perpetual care trusts — — — 307,804 — 307,804 Deferred selling and obtaining costs — 5,967 91,275 14,300 — 111,542 Goodwill and intangible assets — — 78,223 58,837 — 137,060 Other assets — — 12,913 2,196 — 15,109 Due from affiliates 68,000 121,228 430,079 — (619,307 ) — Investment in affiliates 183,678 40,783 (1,375 ) — (223,086 ) — Total assets $ 251,678 $ 176,747 $ 1,194,075 $ 906,018 $ (842,393 ) $ 1,686,125 Liabilities and Equity Current liabilities $ — $ 12 $ 34,969 $ 837 $ — $ 35,818 Long-term debt, net of deferred financing costs 68,000 104,200 144,199 — — 316,399 Deferred cemetery revenues, net — 27,528 539,878 70,130 — 637,536 Merchandise liability — 5,599 156,838 10,660 — 173,097 Perpetual care trust corpus — — — 307,804 — 307,804 Other long-term liabilities — — 22,299 9,494 — 31,793 Due to affiliates — — 173,575 445,732 (619,307 ) — Total liabilities 68,000 137,339 1,071,758 844,657 (619,307 ) 1,502,447 Partners’ Capital 183,678 39,408 122,317 61,361 (223,086 ) 183,678 Total liabilities and partners’ capital $ 251,678 $ 176,747 $ 1,194,075 $ 906,018 $ (842,393 ) $ 1,686,125 December 31, 2014 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ — $ 7,059 $ 3,342 $ — $ 10,401 Other current assets — 4,244 76,753 10,480 — 91,477 Total current assets — 4,244 83,812 13,822 — 101,878 Long-term accounts receivable — 2,453 76,416 10,667 — 89,536 Cemetery property and equipment — 1,033 408,983 30,223 — 440,239 Merchandise trusts — — — 484,820 — 484,820 Perpetual care trusts — — — 345,105 — 345,105 Deferred selling and obtaining costs — 5,744 81,195 10,856 — 97,795 Goodwill and intangible assets — — 67,993 59,833 — 127,826 Other assets — — 930 2,246 — 3,176 Due from affiliates 67,700 133,569 436,421 — (637,690 ) — Investment in affiliates 208,762 64,429 8,166 — (281,357 ) — Total assets $ 276,462 $ 211,472 $ 1,163,916 $ 957,572 $ (919,047 ) $ 1,690,375 Liabilities and Equity Current liabilities $ — $ 263 $ 37,774 $ 815 $ — $ 38,852 Long-term debt, net of deferred financing costs 67,700 104,100 104,489 — — 276,289 Deferred cemetery revenues, net — 28,599 551,283 63,526 — 643,408 Merchandise liability — 5,915 134,101 10,176 — 150,192 Perpetual care trust corpus — — — 345,105 — 345,105 Other long-term liabilities — — 19,000 8,767 — 27,767 Due to affiliates — — 171,800 465,890 (637,690 ) — Total liabilities 67,700 138,877 1,018,447 894,279 (637,690 ) 1,481,613 Partners’ Capital 208,762 72,595 145,469 63,293 (281,357 ) 208,762 Total liabilities and partners’ capital $ 276,462 $ 211,472 $ 1,163,916 $ 957,572 $ (919,047 ) $ 1,690,375
Consolidated Statements of Operations	CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS Subsidiary Guarantor Non-Guarantor Year Ended December 31, 2015 Parent Issuer Subsidiaries Subsidiaries Eliminations Consolidated Total revenues $ — $ 5,722 $ 262,728 $ 47,489 $ (10,299 ) $ 305,640 Total cost and expenses — (10,623 ) (257,099 ) (46,877 ) 10,299 (304,300 ) Other income (loss) — — (1,891 ) — — (1,891 ) Net loss from equity investment in subsidiaries (18,810 ) (19,966 ) — — 38,776 — Interest expense (5,434 ) (8,347 ) (8,076 ) (728 ) — (22,585 ) Net income (loss) before income taxes (24,244 ) (33,214 ) (4,338 ) (116 ) 38,776 (23,136 ) Income tax benefit (expense) — — (1,108 ) — — (1,108 ) Net income (loss) $ (24,244 ) $ (33,214 ) $ (5,446 ) $ (116 ) $ 38,776 $ (24,244 ) Year Ended December 31, 2014 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Total revenues $ — $ 8,237 $ 254,997 $ 36,982 $ (12,131 ) $ 288,085 Total cost and expenses — (11,547 ) (235,113 ) (39,696 ) 12,131 (274,225 ) Other income (loss) — — 890 — — 890 Net loss from equity investment in subsidiaries (5,339 ) (9,350 ) — — 14,689 — Interest expense (5,434 ) (8,347 ) (7,430 ) (399 ) — (21,610 ) Net income (loss) before income taxes (10,773 ) (21,007 ) 13,344 (3,113 ) 14,689 (6,860 ) Income tax benefit (expense) — — (3,913 ) — — (3,913 ) Net income (loss) $ (10,773 ) $ (21,007 ) $ 9,431 $ (3,113 ) $ 14,689 $ (10,773 ) Year Ended December 31, 2013 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Total revenues $ — $ 5,744 $ 226,653 $ 29,313 $ (15,069 ) $ 246,641 Total cost and expenses — (8,523 ) (212,754 ) (34,050 ) 15,069 (240,258 ) Other income (loss) — 12,261 (18,910 ) — — (6,649 ) Net loss from equity investment in subsidiaries (13,598 ) (6,794 ) — — 20,392 — Interest expense (5,434 ) (8,347 ) (7,289 ) — — (21,070 ) Net income (loss) before income taxes (19,032 ) (5,659 ) (12,300 ) (4,737 ) 20,392 (21,336 ) Income tax benefit (expense) — — 2,304 — — 2,304 Net income (loss) $ (19,032 ) $ (5,659 ) $ (9,996 ) $ (4,737 ) $ 20,392 $ (19,032 )
Consolidated Statement of Cash Flows	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS Year Ended December 31, 2015 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 2,356 $ 284 $ 14,626 $ 2,933 $ (16,137 ) $ 4,062 Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures — (284 ) (30,864 ) (2,991 ) — (34,139 ) Net cash used in investing activities — (284 ) (30,864 ) (2,991 ) — (34,139 ) Cash Flows From Financing Activities: Cash distributions (77,512 ) — — — — (77,512 ) Payments to affiliates — — (16,137 ) — 16,137 — Net borrowings and repayments of debt — — 37,261 — — 37,261 Proceeds from issuance of common units 75,156 — — — — 75,156 Other financing activities — — (76 ) — — (76 ) Net cash provided by (used in) financing activities (2,356 ) — 21,048 — 16,137 34,829 Net increase (decrease) in cash and cash equivalents — — 4,810 (58 ) — 4,752 Cash and cash equivalents—Beginning of period — — 7,059 3,342 — 10,401 Cash and cash equivalents—End of period $ — $ — $ 11,869 $ 3,284 $ — $ 15,153 Year Ended December 31, 2014 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided by operating activities $ — $ 150 $ 29,918 $ 3,161 $ (13,781 ) $ 19,448 Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures — (150 ) (67,777 ) (2,731 ) — (70,658 ) Consideration for lease and management agreements — — — (53,000 ) — (53,000 ) Payments to affiliates (110,661 ) — (53,000 ) — 163,661 — Net cash used in investing activities (110,661 ) (150 ) (120,777 ) (55,731 ) 163,661 (123,658 ) Cash Flows From Financing Activities: Cash distributions (62,836 ) — — — — (62,836 ) Payments from affiliates — — 96,880 53,000 (149,880 ) — Net borrowings and repayments of debt — — (5,275 ) — — (5,275 ) Proceeds from issuance of common units 173,497 — — — — 173,497 Other financing activities — — (2,950 ) — — (2,950 ) Net cash provided by (used in) financing activities 110,661 — 88,655 53,000 (149,880 ) 102,436 Net increase (decrease) in cash and cash equivalents — — (2,204 ) 430 — (1,774 ) Cash and cash equivalents—Beginning of period — — 9,263 2,912 — 12,175 Cash and cash equivalents—End of period $ — $ — $ 7,059 $ 3,342 $ — $ 10,401 Year Ended December 31, 2013 Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 13,676 $ 73 $ 49,544 $ (759 ) $ (27,457 ) $ 35,077 Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures — (73 ) (26,299 ) (325 ) — (26,697 ) Net cash used in investing activities — (73 ) (26,299 ) (325 ) — (26,697 ) Cash Flows From Financing Activities: Cash distributions (52,053 ) — — — — (52,053 ) Payments to affiliates — — (27,457 ) — 27,457 — Net borrowings and repayments of debt — — 29,570 — — 29,570 Proceeds from issuance of common units 38,377 — — — — 38,377 Other financing activities — — (20,045 ) — — (20,045 ) Net cash provided by (used in) financing activities (13,676 ) — (17,932 ) — 27,457 (4,151 ) Net increase (decrease) in cash and cash equivalents — — 5,313 (1,084 ) — 4,229 Cash and cash equivalents - Beginning of period — — 3,950 3,996 — 7,946 Cash and cash equivalents - End of period $ — $ — $ 9,263 $ 2,912 $ — $ 12,175

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Information	Operating segment data for the periods indicated were as follows (in thousands): Years Ended December 31 2015 2014 2013 Cemetery Operations: Revenues $ 247,870 $ 239,399 $ 201,686 Operating costs and expenses (205,475 ) (188,711 ) (165,130 ) Depreciation and amortization (7,766 ) (6,904 ) (5,336 ) Segment income $ 34,629 $ 43,784 $ 31,220 Funeral Homes: Revenues $ 57,770 $ 48,686 $ 44,955 Operating costs and expenses (47,413 ) (39,710 ) (35,654 ) Depreciation and amortization (3,257 ) (3,200 ) (3,036 ) Segment income $ 7,100 $ 5,776 $ 6,265 Reconciliation of segment income to net loss: Cemeteries $ 34,629 $ 43,784 $ 31,220 Funeral homes 7,100 5,776 6,265 Total segment income 41,729 49,560 37,485 Corporate overhead (38,609 ) (34,723 ) (29,926 ) Corporate depreciation and amortization (1,780 ) (977 ) (1,176 ) Other net gains (losses) (1,891 ) 890 (6,649 ) Interest expense (22,585 ) (21,610 ) (21,070 ) Income tax benefit (expense) (1,108 ) (3,913 ) 2,304 Net loss $ (24,244 ) $ (10,773 ) $ (19,032 ) Capital expenditures: Cemeteries $ 11,853 $ 13,368 $ 10,111 Funeral homes 580 545 1,250 Corporate 2,906 661 1,391 Total capital expenditures $ 15,339 $ 14,574 $ 12,752 Balance sheet information: Total assets—Cemetery Operations $ 1,473,694 $ 1,507,994 $ 1,310,290 Total assets—Funeral Homes 190,443 164,925 135,232 Total assets—Corporate 21,988 17,456 20,513 Total assets $ 1,686,125 $ 1,690,375 $ 1,466,035 Goodwill—Cemetery Operations $ 25,320 $ 24,186 $ 18,122 Goodwill—Funeral Homes 44,531 34,650 30,615 Total goodwill $ 69,851 $ 58,836 $ 48,737

QUARTERLY RESULTS OF OPERATIO39

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information	The following summarizes certain quarterly results of operations: Year Ended December 31, 2015 First Quarter Second Quarter Third Quarter Fourth Quarter (in thousands, except unit data) Revenues $ 67,417 $ 80,825 $ 78,200 $ 79,198 Net loss (8,883 ) (4,848 ) (3,402 ) (7,111 ) General partner’s interest in net loss for the period (120 ) (65 ) (42 ) (88 ) Limited partners’ interest in net loss for the period (8,763 ) (4,783 ) (3,360 ) (7,023 ) Net loss per limited partner unit (basic and diluted): $ (0.30 ) $ (0.16 ) $ (0.11 ) $ (0.22 ) Year Ended December 31, 2014 First Quarter Second Quarter Third Quarter Fourth Quarter (in thousands, except unit data) Revenues $ 64,387 $ 71,533 $ 78,174 $ 73,991 Net income (loss) 409 (118 ) (3,268 ) (7,796 ) General partner’s interest in net income (loss) for the period 4 (9 ) (44 ) (106 ) Limited partners’ interest in net income (loss) for the period 405 (109 ) (3,224 ) (7,690 ) Net income (loss) per limited partner unit (basic and diluted): $ 0.02 $ — $ (0.11 ) $ (0.26 )

General - Additional Informatio

General - Additional Information (Detail) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015USD ($)PropertyState	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2014USD ($)	Jun. 30, 2014USD ($)	Mar. 31, 2014USD ($)	Dec. 31, 2015USD ($)PropertyStateSegment	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of distinct reportable segments | Segment									2
Total revenue derived from the cemeteries under agreements	$ 79,198	$ 78,200	$ 80,825	$ 67,417	$ 73,991	$ 78,174	$ 71,533	$ 64,387	$ 305,640	$ 288,085	$ 246,641
Inventories	$ 9,700				5,600				$ 9,700	$ 5,600
Pre-need sales, prime rate plus base points									1.50%
Pre-need sales, interest rate									4.75%	4.75%	4.75%
Sales of cemetery, average cancellation percentage	10.00%								10.00%
Maximum
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Liquid investments purchased with an original maturity									3 months
Pre-need sales, installment contract period									60 months
Managed Properties | Cemetery property
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Total revenue derived from the cemeteries under agreements									$ 51,800	$ 42,500	$ 33,200
Consolidated Properties | Cemetery property
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	16								16
Total Asset
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Retrospective adjustment made pursuant of the current accounting change					(9,100)					(9,100)
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification										(9,100)
Total Liabilities
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Retrospective adjustment made pursuant of the current accounting change					$ 9,100					9,100
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification										9,100
Cemetery
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Total revenue derived from the cemeteries under agreements									$ 247,870	239,399	201,686
Cemetery | Unconsolidated Properties
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	15								15
Cemetery | Unconsolidated Properties | Second Quarter 2014 Acquisition
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	13								13
Cemetery | US and Puerto Rico
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	307								307
Number of states | State	27								27
Cemetery | US and Puerto Rico | Managed Properties
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	31								31
Cemetery | US and Puerto Rico | Wholly Owned Properties
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	276								276
Funeral Home
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Total revenue derived from the cemeteries under agreements									$ 57,770	$ 48,686	$ 44,955
Funeral Home | US and Puerto Rico
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	105								105
Number of states | State	19								19

Estimated Useful Lives of Prope

Estimated Useful Lives of Properties and Equipment (Detail)	12 Months Ended
	Dec. 31, 2015
Building and improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years
Building and improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	40 years
Furniture and equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Furniture and equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years
Leasehold Improvements
Property, Plant and Equipment [Line Items]
Leasehold improvements	over the shorter of the term of the lease or the life of the asset

Reconciliation of Net Income (L

Reconciliation of Net Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Distribution Made to Limited Partner [Line Items]
Net loss	$ (7,111)	$ (3,402)	$ (4,848)	$ (8,883)	$ (7,796)	$ (3,268)	$ (118)	$ 409	$ (24,244)	$ (10,773)	$ (19,032)
Less: General partner's interest	88	42	65	120	106	44	9	(4)	(315)	(155)	(350)
Net loss attributable to common limited partners	$ (7,023)	$ (3,360)	$ (4,783)	$ (8,763)	$ (7,690)	$ (3,224)	$ (109)	$ 405	$ (23,929)	$ (10,618)	$ (18,682)

Reconciliation of Partnership's

Reconciliation of Partnership's Weighted Average Number of Common Limited Partner Units (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Distribution Made to Limited Partner [Line Items]
Weighted average number of common limited partner units-basic		$ 30,472	$ 26,582	$ 20,954
Add effect of dilutive incentive awards	[1]	0	0	0
Weighted average number of common limited partner units-diluted		$ 30,472	$ 26,582	$ 20,954
[1]	The diluted weighted average number of limited partners' units outstanding presented on the consolidated statement of operations does not include 282,093 units, 164,709 units and 297,078 units for the years ended December 31, 2015, 2014 and 2013, respectively, as their effects would be anti-dilutive.

Reconciliation of Partnership44

Reconciliation of Partnership's Weighted Average Number of Common Limited Partner Units (Parenthetical) (Detail) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Distribution Made to Limited Partner [Line Items]
Units excluded from the calculation of diluted weighted average number of limited partners' units, because of their anti-dilutive effect	282,093	164,709	297,078

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) $ in Thousands

Dec. 01, 2015USD ($)Property

Aug. 31, 2015USD ($)Property

Aug. 20, 2015USD ($)Property

Aug. 06, 2015USD ($)Property

Jul. 21, 2015USD ($)Property

Dec. 04, 2014USD ($)Property

Jun. 10, 2014USD ($)Property

May. 28, 2014USD ($)Property

Jan. 16, 2014USD ($)Property

Aug. 01, 2013USD ($)Property

Feb. 19, 2013USD ($)PropertyInstallmentshares

Dec. 31, 2015USD ($)

Dec. 31, 2014USD ($)

Dec. 31, 2013USD ($)

Business Acquisition [Line Items]

Goodwill

$ 69,851

$ 58,836

$ 48,737

Goodwill acquired

11,015

10,099

Aggregate fixed rent payment to landlord

25,611

Property Acquired, revenue contributed

6,600

6,000

3,900

Property Acquired, operating profit (loss) contributed

700

700

100

Settlement agreement, funds placed into trust

18,400

Litigation settlement, Gain on settlement agreement

888

12,261

Cemetery Operations [Member]

Business Acquisition [Line Items]

Goodwill

1,100

Funeral Homes Operating Segments

Business Acquisition [Line Items]

Goodwill

9,900

Cemetery

Business Acquisition [Line Items]

Goodwill

25,320

24,186

18,122

Goodwill acquired

1,134

6,064

Positive Outcome of Litigation

Business Acquisition [Line Items]

Litigation settlement, cash proceeds from settlement

11,900

Litigation settlement, payment for the properties' perpetual care and merchandise trusts

6,500

Litigation settlement, Gain on settlement agreement

12,300

2015 Acquisitions

Business Acquisition [Line Items]

Consideration paid

$ 5,700

$ 5,000

$ 1,500

$ 5,700

$ 900

18,800

Goodwill

11,015

Property Acquired, revenue contributed

2,100

Property Acquired, operating profit (loss) contributed

200

2015 Acquisitions | Funeral Homes Property

Business Acquisition [Line Items]

Number of properties acquired | Property

2

1

3

1

2015 Acquisitions | Cemetery property

Business Acquisition [Line Items]

Number of properties acquired | Property

1

2

1

2014 Acquisitions

Business Acquisition [Line Items]

Consideration paid

$ 2,400

$ 200

2,581

Goodwill

1,626

Property Acquired, revenue contributed

43,900

19,300

Property Acquired, operating profit (loss) contributed

$ 5,400

1,600

2014 Acquisitions | Funeral Homes Property

Business Acquisition [Line Items]

Number of properties acquired | Property

2

2014 Acquisitions | Cemetery property

Business Acquisition [Line Items]

Number of properties acquired | Property

1

2013 Acquisitions

Business Acquisition [Line Items]

Consideration paid

$ 5,000

14,100

Goodwill

6,345

Consideration paid - units

3,592

2013 Acquisitions | Funeral Homes Operating Segments

Business Acquisition [Line Items]

Goodwill acquired

$ 6,300

2013 Acquisitions | Funeral Homes Property

Business Acquisition [Line Items]

Number of properties acquired | Property

6

Consideration paid

$ 9,100

Consideration paid - units

3,600

Installment payment amount

$ 1,200

Number of installment payments | Installment

6

Installment payment start date

Feb. 19, 2014

Consideration paid - number of common units | shares

159,635

Long-Term Debt, face amount

$ 3,000

Long-Term Debt, maturity

Feb. 19, 2014

2013 Acquisitions | Cemetery property

Business Acquisition [Line Items]

Number of businesses acquired | Property

1

Second Quarter 2014 Acquisition

Business Acquisition [Line Items]

Consideration paid

53,800

Goodwill

8,473

Consideration for lease and management agreements

$ 53,000

Aggregate fixed rent payment to landlord

$ 36,000

Percentage of sales payment to landlord from the sale of undeveloped land

51.00%

Present value of fixed rent liability

$ 8,368

Gross fixed rent liability

$ 36,000

Effective annual discount rate

8.30%

Second Quarter 2014 Acquisition | Funeral Homes Operating Segments

Business Acquisition [Line Items]

Goodwill acquired

2,400

Second Quarter 2014 Acquisition | Cemetery

Business Acquisition [Line Items]

Goodwill acquired

6,100

Second Quarter 2014 Acquisition | Minimum

Business Acquisition [Line Items]

Fixed rent for lease, years deferred

6 years

Second Quarter 2014 Acquisition | Maximum

Business Acquisition [Line Items]

Fixed rent for lease, years deferred

11 years

Second Quarter 2014 Acquisition | Cemetery property

Business Acquisition [Line Items]

Number of properties acquired | Property

13

Finite lived intangible asset, amortization period

60 years

2014 Acquisition

Business Acquisition [Line Items]

Consideration paid

$ 53,800

2014 Acquisition | Funeral Homes Operating Segments

Business Acquisition [Line Items]

Goodwill acquired

$ 1,600

2014 Acquisition | Funeral Homes Property

Business Acquisition [Line Items]

Number of properties acquired | Property

9

2014 Acquisition | Cemetery property

Business Acquisition [Line Items]

Number of properties acquired | Property

12

Final Values Assigned to Assets

Final Values Assigned to Assets Acquired and Liabilities Assumed Based on Their Estimated Fair Values at the Date of Acquisitions (Detail) - USD ($) $ in Thousands

Dec. 01, 2015

Aug. 31, 2015

Aug. 20, 2015

Aug. 06, 2015

Jul. 21, 2015

Dec. 04, 2014

Jan. 16, 2014

Aug. 01, 2013

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

May. 28, 2014

Assets:

Goodwill from purchase

$ 69,851

$ 58,836

$ 48,737

2015 Acquisitions

Business Acquisition [Line Items]

Fair value of net assets acquired

10,201

Assets:

Accounts receivable

2,761

Inventory

53

Intangible assets

406

Total assets

35,388

Consideration paid

$ 5,700

$ 5,000

$ 1,500

$ 5,700

$ 900

18,800

Deferred cash consideration

876

Total consideration paid

19,676

Gain on bargain purchase

1,540

Goodwill from purchase

11,015

Liabilities:

Other liabilities

21

Total liabilities

25,187

Deferred margin

6,618

Merchandise liabilities

14,414

2015 Acquisitions | Perpetual care trusts, restricted, at fair value | Merchandise Trusts

Assets:

Estimated fair value of assets acquired

15,075

2015 Acquisitions | Perpetual care trusts, restricted, at fair value | Perpetual care trusts

Assets:

Estimated fair value of assets acquired

4,134

2015 Acquisitions | Perpetual care trust corpus | Perpetual care trusts

Liabilities:

Estimated fair value of liabilities assumed

4,134

2015 Acquisitions | Other property and equipment

Assets:

Property and equipment

5,941

2015 Acquisitions | Cemetery And Funeral Home Property

Assets:

Property and equipment

$ 7,018

2014 Acquisitions

Business Acquisition [Line Items]

Fair value of net assets acquired

1,367

Assets:

Accounts receivable

104

Other assets

22

Deferred tax assets

87

Total assets

4,772

Consideration paid

$ 2,400

$ 200

2,581

Total consideration paid

2,581

Gain on bargain purchase

412

Goodwill from purchase

1,626

Liabilities:

Other liabilities

20

Total liabilities

3,405

Deferred margin

1,046

Merchandise liabilities

1,007

Deferred tax liability

641

2014 Acquisitions | Noncompete Agreements

Assets:

Intangible assets

520

2014 Acquisitions | Perpetual care trusts, restricted, at fair value | Merchandise Trusts

Assets:

Estimated fair value of assets acquired

2,685

2014 Acquisitions | Perpetual care trusts, restricted, at fair value | Perpetual care trusts

Assets:

Estimated fair value of assets acquired

691

2014 Acquisitions | Perpetual care trust corpus

Liabilities:

Estimated fair value of liabilities assumed

691

2014 Acquisitions | Cemetery property

Assets:

Property and equipment

470

2014 Acquisitions | Other property and equipment

Assets:

Property and equipment

193

Second Quarter 2014 Acquisition

Business Acquisition [Line Items]

Fair value of net assets acquired

45,327

$ 53,000

Assets:

Accounts receivable

6,188

1,610

Intangible assets

1,170

59,758

Other assets

178

Total assets

97,788

61,368

Consideration paid

53,800

Goodwill from purchase

8,473

Liabilities:

Other liabilities

63

Total liabilities

52,461

$ 8,368

Deferred margin

13,570

Merchandise liabilities

19,905

Deferred tax liability

2,010

Second Quarter 2014 Acquisition | Perpetual care trusts, restricted, at fair value | Merchandise Trusts

Assets:

Estimated fair value of assets acquired

31,534

Second Quarter 2014 Acquisition | Perpetual care trusts, restricted, at fair value | Perpetual care trusts

Assets:

Estimated fair value of assets acquired

16,913

Second Quarter 2014 Acquisition | Perpetual care trust corpus

Liabilities:

Estimated fair value of liabilities assumed

16,913

Second Quarter 2014 Acquisition | Cemetery property

Assets:

Property and equipment

26,029

Second Quarter 2014 Acquisition | Other property and equipment

Assets:

Property and equipment

$ 15,776

2013 Acquisitions

Business Acquisition [Line Items]

Fair value of net assets acquired

17,801

Assets:

Accounts receivable

1,531

Property and equipment

9,362

Total assets

32,922

Consideration paid

$ 5,000

14,100

Consideration paid-units

3,592

Fair value of Notes Payable

3,000

Fair value of debt assumed for non-compete agreements

924

Total consideration paid

21,616

Gain on bargain purchase

2,530

Goodwill from purchase

6,345

Liabilities:

Other liabilities

258

Total liabilities

15,121

Deferred margin

2,183

Merchandise liabilities

6,091

Deferred tax liability

701

2013 Acquisitions | Noncompete Agreements

Assets:

Intangible assets

1,927

2013 Acquisitions | Perpetual care trusts, restricted, at fair value | Merchandise Trusts

Assets:

Estimated fair value of assets acquired

10,314

2013 Acquisitions | Perpetual care trusts, restricted, at fair value | Perpetual care trusts

Assets:

Estimated fair value of assets acquired

5,888

2013 Acquisitions | Perpetual care trust corpus

Liabilities:

Estimated fair value of liabilities assumed

5,888

2013 Acquisitions | Cemetery property

Assets:

Property and equipment

$ 3,900

Fixed Rent for Cemeteries (Deta

Fixed Rent for Cemeteries (Detail) - 2014 Acquisitions	May. 28, 2014USD ($)
Lease Years 1-5
Management Agreement Future Minimum Payments Due [Line Items]
Fixed rent for cemeteries, per lease year	$ 0
Lease Years 6-20
Management Agreement Future Minimum Payments Due [Line Items]
Fixed rent for cemeteries, per lease year	1,000,000
Lease Years 21-25
Management Agreement Future Minimum Payments Due [Line Items]
Fixed rent for cemeteries, per lease year	1,200,000
Lease Years 26- 35
Management Agreement Future Minimum Payments Due [Line Items]
Fixed rent for cemeteries, per lease year	1,500,000
Lease Years 36-60
Management Agreement Future Minimum Payments Due [Line Items]
Fixed rent for cemeteries, per lease year	$ 0
Minimum | Lease Years 1-5
Management Agreement Future Minimum Payments Due [Line Items]
Lease years	1 year
Minimum | Lease Years 6-20
Management Agreement Future Minimum Payments Due [Line Items]
Lease years	6 years
Minimum | Lease Years 21-25
Management Agreement Future Minimum Payments Due [Line Items]
Lease years	21 years
Minimum | Lease Years 26- 35
Management Agreement Future Minimum Payments Due [Line Items]
Lease years	26 years
Minimum | Lease Years 36-60
Management Agreement Future Minimum Payments Due [Line Items]
Lease years	36 years
Maximum | Lease Years 1-5
Management Agreement Future Minimum Payments Due [Line Items]
Lease years	5 years
Maximum | Lease Years 6-20
Management Agreement Future Minimum Payments Due [Line Items]
Lease years	20 years
Maximum | Lease Years 21-25
Management Agreement Future Minimum Payments Due [Line Items]
Lease years	25 years
Maximum | Lease Years 26- 35
Management Agreement Future Minimum Payments Due [Line Items]
Lease years	35 years
Maximum | Lease Years 36-60
Management Agreement Future Minimum Payments Due [Line Items]
Lease years	60 years

Asset and Liabilities Recognize

Asset and Liabilities Recognized (Detail) - Second Quarter 2014 Acquisition - USD ($) $ in Thousands	Dec. 31, 2014	May. 28, 2014
Business Acquisition [Line Items]
Accounts receivable	$ 6,188	$ 1,610
Intangible asset	1,170	59,758
Total assets	97,788	61,368
Obligation for lease and management agreements		36,000
Discount on obligation for lease and management agreements		(27,632)
Obligation for lease and management agreements, net		8,368
Total liabilities	52,461	8,368
Total net assets	$ 45,327	$ 53,000

Consolidated Pro Forma Informat

Consolidated Pro Forma Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Revenue	$ 310,712	$ 309,746
Net loss	$ (25,340)	$ (8,188)
Net loss per limited partner unit (basic and diluted)	$ (0.82)	$ (0.28)

Long-Term Accounts Receivable N

Long-Term Accounts Receivable Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables	$ 207,645	$ 194,537
Unearned finance income	(20,078)	(20,360)
Allowance for contract cancellations	(23,985)	(22,138)
Accounts receivable, net of allowance	163,582	152,039
Less: current portion-net of allowance	68,415	62,503
Long-term portion-net of allowance	95,167	89,536
Accounts receivable, net of allowance	$ 163,582	$ 152,039

Activity in Allowance for Contr

Activity in Allowance for Contract Cancellations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance-beginning of period	$ 22,138
Balance-end of period	23,985	$ 22,138
Contract Cancellations
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance-beginning of period	22,138	20,275	$ 17,933
Provision for cancellations	25,307	20,870	20,069
Charge-offs-net	(23,460)	(19,007)	(17,727)
Balance-end of period	$ 23,985	$ 22,138	$ 20,275

Cemetery Property (Detail)

Cemetery Property (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Cemetery property	$ 342,639	$ 339,848
Developed land
Property, Plant and Equipment [Line Items]
Cemetery property	83,834	79,058
Undeveloped land
Property, Plant and Equipment [Line Items]
Cemetery property	169,482	172,238
Mausoleum crypts and lawn crypts
Property, Plant and Equipment [Line Items]
Cemetery property	77,526	78,524
Other Land
Property, Plant and Equipment [Line Items]
Cemetery property	$ 11,797	$ 10,028

Major Classes of Property and E

Major Classes of Property and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	$ 171,380	$ 157,468
Less: accumulated depreciation	(67,050)	(57,077)
Property and equipment, net of accumulated depreciation	104,330	100,391
Building and improvements
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	117,034	108,178
Furniture and equipment
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	$ 54,346	$ 49,290

Property and Equipment - Additi

Property and Equipment - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 10.6	$ 8.9	$ 7.5

Merchandise Trusts - Additional

Merchandise Trusts - Additional Information (Detail) - Variable Interest Entity, Primary Beneficiary - Merchandise Trusts - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Trust assets, fair value	$ 464,676	$ 484,820
Purchases of securities available for sale included in trust investments	554,700	430,500
Sales of securities available for sale included in trust investments	522,200	440,800
Trust assets, cost	489,361	482,536
Other than temporary impairments loss	54,527
Other Than Temporarily Impaired Securities
Schedule of Available-for-sale Securities [Line Items]
Trust assets, fair value	142,300	500
Trust assets, cost	196,800	900
Other than temporary impairments loss	54,500	400
West Virginia Trust Receivable
Schedule of Available-for-sale Securities [Line Items]
Trust assets, fair value	8,175	8,319
Trust assets, cost	$ 8,175	$ 8,319

Reconciliation of Merchandise T

Reconciliation of Merchandise Trust Activities (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Balance-beginning of period	$ 484,820
Balance-end of period	464,676	$ 484,820
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts
Schedule of Available-for-sale Securities [Line Items]
Balance-beginning of period	484,820	431,556
Contributions	80,693	87,271
Distributions	(50,987)	(57,788)
Interest and dividends	21,859	21,827
Capital gain distributions	2,413	1,242
Realized gains and losses	13,941	14,857
Other than temporary impairment	(54,527)
Taxes	(3,271)	(2,543)
Fees	(3,296)	(2,890)
Unrealized change in fair value	(26,969)	(8,712)
Balance-end of period	$ 464,676	$ 484,820

Cost and Market Value Associate

Cost and Market Value Associated with Assets Held in Merchandise Trusts (Detail) - Variable Interest Entity, Primary Beneficiary - Merchandise Trusts - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Cost	$ 489,361	$ 482,536
Gross Unrealized Gains	1,307	17,627
Gross Unrealized Losses	(25,992)	(15,343)
Fair Value	464,676	484,820
Short-term investments | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	35,150	52,521
Fair Value	35,150	52,521
Fixed maturities
Schedule of Available-for-sale Securities [Line Items]
Cost	19,170
Gross Unrealized Gains	25
Gross Unrealized Losses	(556)
Fair Value	18,639
Fixed maturities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost		16,827
Gross Unrealized Gains		23
Gross Unrealized Losses		(466)
Fair Value		16,384
Fixed maturities | U.S. State and local government agency | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	98	270
Gross Unrealized Gains	6
Gross Unrealized Losses	(3)	(1)
Fair Value	101	269
Fixed maturities | Corporate debt securities | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	11,922	9,400
Gross Unrealized Gains	8	23
Gross Unrealized Losses	(546)	(447)
Fair Value	11,384	8,976
Fixed maturities | Other debt securities | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	7,150	7,157
Gross Unrealized Gains	11
Gross Unrealized Losses	(7)	(18)
Fair Value	7,154	7,139
Mutual funds - debt securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	232,096	150,477
Gross Unrealized Gains	86	869
Gross Unrealized Losses	(10,713)	(8,666)
Fair Value	221,469	142,680
Mutual funds - equity securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	139,341	167,353
Gross Unrealized Gains	69	12,568
Gross Unrealized Losses	(12,249)	(463)
Fair Value	127,161	179,458
Equity securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	49,563
Gross Unrealized Gains	1,127
Gross Unrealized Losses	(2,474)
Fair Value	48,216
Equity securities | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost		81,639
Gross Unrealized Gains		4,167
Gross Unrealized Losses		(5,507)
Fair Value		80,299
Other invested assets
Schedule of Available-for-sale Securities [Line Items]
Cost		5,400
Gross Unrealized Losses		(241)
Fair Value		5,159
Other invested assets | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	1,681
Fair Value	1,681
Total managed investments
Schedule of Available-for-sale Securities [Line Items]
Cost	477,001	474,217
Gross Unrealized Gains	1,307	17,627
Gross Unrealized Losses	(25,992)	(15,343)
Fair Value	452,316	476,501
West Virginia Trust Receivable
Schedule of Available-for-sale Securities [Line Items]
Cost	8,175	8,319
Fair Value	8,175	$ 8,319
Assets acquired via acquisition
Schedule of Available-for-sale Securities [Line Items]
Cost	4,185
Fair Value	$ 4,185

Contractual Maturities of Debt

Contractual Maturities of Debt Securities Held in Merchandise Trusts (Detail) - Variable Interest Entity, Primary Beneficiary - Merchandise Trusts - Fixed maturities $ in Thousands	Dec. 31, 2015USD ($)
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	$ 3,520
1 year through 5 years	11,809
6 years through 10 years	3,310
More than 10 years	0
U.S. State and local government agency
Investments Classified by Contractual Maturity Date [Line Items]
1 year through 5 years	23
6 years through 10 years	78
More than 10 years	0
Corporate debt securities
Investments Classified by Contractual Maturity Date [Line Items]
1 year through 5 years	8,152
6 years through 10 years	3,232
More than 10 years	0
Other debt securities
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	3,520
1 year through 5 years	3,634
More than 10 years	$ 0

Aging of Unrealized Losses on I

Aging of Unrealized Losses on Investments in Fixed Maturities and Equity Securities Held in Merchandise Trusts (Detail) - Variable Interest Entity, Primary Beneficiary - Merchandise Trusts - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	$ 211,854	$ 89,200
Less than 12 months Unrealized Losses	20,625	6,494
12 Months or more Fair Value	44,342	110,694
12 Months or more Unrealized Losses	5,367	8,849
Total Fair Value	256,196	199,894
Total Unrealized Losses	25,992	15,343
Other debt securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	2,883
Less than 12 months Unrealized Losses	7
Total Fair Value	2,883
Total Unrealized Losses	7
Fixed maturities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	10,130	8,418
Less than 12 months Unrealized Losses	418	351
12 Months or more Fair Value	1,546	6,275
12 Months or more Unrealized Losses	138	115
Total Fair Value	11,676	14,693
Total Unrealized Losses	556	466
Fixed maturities | U.S. State and local government agency
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value		143
Less than 12 months Unrealized Losses		1
12 Months or more Fair Value	33
12 Months or more Unrealized Losses	3
Total Fair Value	33	143
Total Unrealized Losses	3	1
Fixed maturities | Corporate debt securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	7,247	5,905
Less than 12 months Unrealized Losses	411	342
12 Months or more Fair Value	1,513	1,506
12 Months or more Unrealized Losses	135	105
Total Fair Value	8,760	7,411
Total Unrealized Losses	546	447
Fixed maturities | Other debt securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value		2,370
Less than 12 months Unrealized Losses		8
12 Months or more Fair Value		4,769
12 Months or more Unrealized Losses		10
Total Fair Value		7,139
Total Unrealized Losses		18
Mutual funds - debt securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	121,777	32,072
Less than 12 months Unrealized Losses	6,938	1,039
12 Months or more Fair Value	36,682	95,629
12 Months or more Unrealized Losses	3,775	7,627
Total Fair Value	158,459	127,701
Total Unrealized Losses	10,713	8,666
Mutual funds - equity securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	58,467	4,147
Less than 12 months Unrealized Losses	10,994	463
12 Months or more Fair Value	5,465
12 Months or more Unrealized Losses	1,255
Total Fair Value	63,932	4,147
Total Unrealized Losses	12,249	463
Equity securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	21,480	44,563
Less than 12 months Unrealized Losses	2,275	4,641
12 Months or more Fair Value	649	3,909
12 Months or more Unrealized Losses	199	866
Total Fair Value	22,129	48,472
Total Unrealized Losses	$ 2,474	5,507
Other invested assets
Investments, Unrealized Loss Position [Line Items]
12 Months or more Fair Value		4,881
12 Months or more Unrealized Losses		241
Total Fair Value		4,881
Total Unrealized Losses		$ 241

Reconciliation of Perpetual Car

Reconciliation of Perpetual Care Trust Activities (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Fair Value	$ 345,105
Fair Value	307,804	$ 345,105
Variable Interest Entity, Primary Beneficiary | Perpetual care trusts
Schedule of Available-for-sale Securities [Line Items]
Fair Value	345,105	311,771
Contributions	15,919	34,332
Distributions	(15,003)	(14,308)
Interest and dividends	18,019	15,044
Capital gain distributions	1,952	125
Realized gains and losses	12,323	(164)
Other than temporary impairment	(29,047)
Taxes	(631)	(654)
Fees	(2,163)	(2,054)
Unrealized change in fair value	(38,670)	1,013
Fair Value	$ 307,804	$ 345,105

Perpetual Care Trusts - Additio

Perpetual Care Trusts - Additional Information (Detail) - Variable Interest Entity, Primary Beneficiary - Perpetual care trusts - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Purchases of securities available for sale included in trust investments	$ 359,300	$ 157,500
Sales of securities available for sale included in trust investments	349,000	165,700
Trust assets, cost	315,915	314,546
Trust assets, fair value	307,804	345,105
Other than temporary impairments loss	29,047
Other Than Temporarily Impaired Securities
Schedule of Available-for-sale Securities [Line Items]
Trust assets, cost	107,700	1,400
Trust assets, fair value	78,700	800
Other than temporary impairments loss	$ 29,000	$ 600

Cost and Market Value Associa62

Cost and Market Value Associated with Assets Held in Perpetual Care Trusts (Detail) - Variable Interest Entity, Primary Beneficiary - Perpetual care trusts - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Cost	$ 315,915	$ 314,546
Gross Unrealized Gains	1,797	38,207
Gross Unrealized Losses	(9,908)	(7,648)
Fair Value	307,804	345,105
Short-term investments | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	36,618	26,644
Fair Value	36,618	26,644
Fixed maturities
Schedule of Available-for-sale Securities [Line Items]
Cost	22,999	24,824
Gross Unrealized Gains	71	121
Gross Unrealized Losses	(846)	(913)
Fair Value	22,224	24,032
Fixed maturities | Corporate debt securities | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	22,837	24,275
Gross Unrealized Gains	57	104
Gross Unrealized Losses	(845)	(913)
Fair Value	22,049	23,466
Fixed maturities | U.S. State and local government agency | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	126	78
Gross Unrealized Gains	14	1
Fair Value	140	79
Fixed maturities | Other debt securities | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	36	371
Gross Unrealized Losses	(1)
Fair Value	35	371
Fixed maturities | U.S. Government and federal agency | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost		100
Gross Unrealized Gains		16
Fair Value		116
Mutual funds - debt securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	184,866	128,735
Gross Unrealized Gains	35	379
Gross Unrealized Losses	(7,180)	(5,220)
Fair Value	177,721	123,894
Mutual funds - equity securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	68,079	103,701
Gross Unrealized Gains	1,054	23,003
Gross Unrealized Losses	(1,713)	(1,268)
Fair Value	67,420	125,436
Equity securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	2,319	30,617
Gross Unrealized Gains	636	14,704
Gross Unrealized Losses	(7)	(247)
Fair Value	2,948	45,074
Other invested assets | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	473	25
Gross Unrealized Gains	1
Gross Unrealized Losses	(162)
Fair Value	312	$ 25
Total managed investments
Schedule of Available-for-sale Securities [Line Items]
Cost	315,354
Gross Unrealized Gains	1,797
Gross Unrealized Losses	(9,908)
Fair Value	307,243
Assets acquired via acquisition
Schedule of Available-for-sale Securities [Line Items]
Cost	561
Fair Value	$ 561

Contractual Maturities of Deb63

Contractual Maturities of Debt Securities Held in Perpetual Care Trusts (Detail) - Variable Interest Entity, Primary Beneficiary - Perpetual care trusts - Fixed maturities $ in Thousands	Dec. 31, 2015USD ($)
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	$ 237
1 year through 5 years	16,250
6 years through 10 years	5,678
More than 10 years	59
U.S. State and local government agency
Investments Classified by Contractual Maturity Date [Line Items]
1 year through 5 years	112
6 years through 10 years	28
Corporate debt securities
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	202
1 year through 5 years	16,138
6 years through 10 years	5,650
More than 10 years	59
Other debt securities
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	$ 35

Aging of Unrealized Losses on64

Aging of Unrealized Losses on Investments in Fixed Maturities and Equity Securities Held in Perpetual Care Trusts (Detail) - Variable Interest Entity, Primary Beneficiary - Perpetual care trusts - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	$ 110,734	$ 61,680
Less than 12 months Unrealized Losses	6,168	3,079
12 Months or more Fair Value	61,151	89,953
12 Months or more Unrealized Losses	3,740	4,569
Total Fair Value	171,885	151,633
Total Unrealized Losses	9,908	7,648
Other debt securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	35
Less than 12 months Unrealized Losses	1
Total Fair Value	35
Total Unrealized Losses	1
Fixed maturities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	12,517	14,434
Less than 12 months Unrealized Losses	536	798
12 Months or more Fair Value	4,617	2,519
12 Months or more Unrealized Losses	310	115
Total Fair Value	17,134	16,953
Total Unrealized Losses	846	913
Fixed maturities | Corporate debt securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	12,482	14,434
Less than 12 months Unrealized Losses	535	798
12 Months or more Fair Value	4,505	2,519
12 Months or more Unrealized Losses	310	115
Total Fair Value	16,987	16,953
Total Unrealized Losses	845	913
Mutual funds - debt securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	81,215	30,345
Less than 12 months Unrealized Losses	4,263	768
12 Months or more Fair Value	50,774	86,814
12 Months or more Unrealized Losses	2,917	4,452
Total Fair Value	131,989	117,159
Total Unrealized Losses	7,180	5,220
Mutual funds - equity securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	16,514	13,035
Less than 12 months Unrealized Losses	1,363	1,268
12 Months or more Fair Value	4,308
12 Months or more Unrealized Losses	350
Total Fair Value	20,822	13,035
Total Unrealized Losses	1,713	1,268
Equity securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	488	3,866
Less than 12 months Unrealized Losses	6	245
12 Months or more Fair Value	1,137	620
12 Months or more Unrealized Losses	1	2
Total Fair Value	1,625	4,486
Total Unrealized Losses	7	$ 247
Other invested assets
Investments, Unrealized Loss Position [Line Items]
12 Months or more Fair Value	315
12 Months or more Unrealized Losses	162
Total Fair Value	315
Total Unrealized Losses	162
U.S. State and local government agency
Investments, Unrealized Loss Position [Line Items]
12 Months or more Fair Value	112
Total Fair Value	$ 112

Goodwill and Intangible Asset65

Goodwill and Intangible Assets - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015USD ($)Unit	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Goodwill [Line Items]
Goodwill	$ 69,851,000	$ 58,836,000	$ 48,737,000
Number of reporting units | Unit	2
Goodwill impairment	$ 0	0	0
Amortization expense related to intangible assets	$ 2,200,000	$ 2,100,000	$ 2,000,000

Goodwill by Reportable Segment

Goodwill by Reportable Segment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Goodwill [Line Items]
Goodwill, Beginning Balance	$ 58,836	$ 48,737
Goodwill acquired from acquisitions	11,015	10,099
Goodwill, Ending Balance	69,851	58,836
Cemetery
Goodwill [Line Items]
Goodwill, Beginning Balance	24,186	18,122
Goodwill acquired from acquisitions	1,134	6,064
Goodwill, Ending Balance	25,320	24,186
Funeral Home
Goodwill [Line Items]
Goodwill, Beginning Balance	34,650	30,615
Goodwill acquired from acquisitions	9,881	4,035
Goodwill, Ending Balance	$ 44,531	$ 34,650

Components of Intangible Assets

Components of Intangible Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 73,092	$ 72,686
Accumulated Amortization	(5,883)	(3,696)
Net Intangible Asset	67,209	68,990
Lease and management agreements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	59,758	59,758
Accumulated Amortization	(1,577)	(581)
Net Intangible Asset	58,181	59,177
Underlying contract value
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	6,239	6,239
Accumulated Amortization	(1,014)	(858)
Net Intangible Asset	5,225	5,381
Noncompete Agreements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	5,656	5,250
Accumulated Amortization	(3,112)	(2,126)
Net Intangible Asset	2,544	3,124
Other intangible assets
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,439	1,439
Accumulated Amortization	(180)	(131)
Net Intangible Asset	$ 1,259	$ 1,308

Estimated Amortization Expense

Estimated Amortization Expense Related to Intangible Assets with Finite Lives (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Finite Lived Intangible Assets And Liabilities Future Amortization Expense [Line Items]
2,016	$ 2,181
2,017	1,956
2,018	1,708
2,019	1,440
2,020	$ 1,266

Outstanding Debt (Detail)

Outstanding Debt (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Less deferred financing costs, net of accumulated amortization	$ (7,499)	$ (9,089)
Long-Term Debt	318,839	278,540
Less current maturities	(2,440)	(2,251)
Long-term portion	316,399	276,289
Senior Notes | 7.875% notes, due 2021
Debt Instrument [Line Items]
Long-Term Debt	172,186	171,783
Line of Credit | Working Capital Credit Facility, due December 2019
Debt Instrument [Line Items]
Long-Term Debt	105,000	85,902
Line of Credit | Acquisition Credit Facility, due December 2019
Debt Instrument [Line Items]
Long-Term Debt	44,500	25,000
Notes Payable, other Payables | Acquisitions Debt
Debt Instrument [Line Items]
Long-Term Debt	687	861
Notes Payable, other Payables | Acquisition non-competes
Debt Instrument [Line Items]
Long-Term Debt	1,629	2,451
Insurance and vehicle financing
Debt Instrument [Line Items]
Long-Term Debt	$ 2,336	$ 1,632

Outstanding Debt (Parenthetical

Outstanding Debt (Parenthetical) (Detail) - Senior Notes - 7.875% notes, due 2021	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-Term Debt, interest rate	7.875%	7.875%
Long-Term Debt, maturity date	2021-06	2021-06

Long Term Debt - Additional Inf

Long Term Debt - Additional Information (Detail) - USD ($)	May. 31, 2013	May. 28, 2013	Dec. 31, 2015	Dec. 31, 2014
Debt Disclosure [Line Items]
Credit facility, Consolidated Leverage Ratio			323.00%
Credit facility, Consolidated Debt Service Coverage Ratio			462.00%
7.875% senior notes, due 2021
Debt Disclosure [Line Items]
Senior Notes, redemption percent			35.00%
Senior Notes, redemption percentage of principal amount			107.875%
Senior Notes, remaining redemption percent			65.00%
Senior Notes, closing redemption period			180 days
Purchase price as percentage of principal plus accrued and unpaid interest, Upon occurrence of change of control			101.00%
Debtor Optional Redemption Period 1 | 7.875% senior notes, due 2021
Debt Disclosure [Line Items]
Senior Notes, redemption percentage of principal amount			100.00%
Credit Agreement
Debt Disclosure [Line Items]
Credit facility , maximum borrowing			$ 180,000,000
Credit facility, additional borrowing capacity			$ 70,000,000
Long term debt, maturity date			Dec. 19, 2019
Unused borrowings commitment fee description			The Partnership is also required to pay a fee on the unused portion of the Credit Facility at a rate between 0.375% and 0.8% per annum
Weighted average interest rate on outstanding borrowings			3.80%
Debt covenant, Consolidated EBITDA requirement for recently completed four fiscal quarters			$ 80,000,000
Debt covenant, Percentage of consolidated EBITDA			80.00%
Maximum consolidated leverage ratio			400.00%
Credit Agreement | Line of Credit
Debt Disclosure [Line Items]
Credit facility , maximum borrowing			$ 139,000,000
Minimum percentage of eligible receivables to borrow working capital advance			85.00%
Credit Agreement | If less than 50% of the borrowing base is utilized
Debt Disclosure [Line Items]
Annual commitment fee percentage on unused borrowings			0.375%
Credit Agreement | If 50% or more of the borrowing base is utilized
Debt Disclosure [Line Items]
Annual commitment fee percentage on unused borrowings			0.80%
Credit Agreement | Federal funds rate
Debt Disclosure [Line Items]
Credit facility, basis spread on variable rate			0.50%
Credit Agreement | one-month LIBOR
Debt Disclosure [Line Items]
Credit facility, basis spread on variable rate			1.00%
Credit Agreement | Standby letters of credit
Debt Disclosure [Line Items]
Credit facility , maximum borrowing			$ 10,000,000	$ 180,000,000
Long term debt, maturity date			Dec. 19, 2019
Line of credit outstanding amount			$ 0	$ 0
Credit Agreement | Minimum
Debt Disclosure [Line Items]
Consolidated coverage ratio			250.00%
Credit Agreement | Minimum | Adjusted LIBOR
Debt Disclosure [Line Items]
Credit facility, basis spread on variable rate			2.25%
Credit Agreement | Minimum | Base Rate
Debt Disclosure [Line Items]
Credit facility, basis spread on variable rate			1.25%
Credit Agreement | Maximum | Adjusted LIBOR
Debt Disclosure [Line Items]
Credit facility, basis spread on variable rate			4.00%
Credit Agreement | Maximum | Base Rate
Debt Disclosure [Line Items]
Credit facility, basis spread on variable rate			3.00%
7.875% notes, due 2021 | Senior Notes
Debt Disclosure [Line Items]
Long-Term Debt, principal amount		$ 175,000,000
Debt premium percentage		7.875%
Long-Term Debt, interest rate			7.875%	7.875%
10.25% Senior Notes, due 2017
Debt Disclosure [Line Items]
Long-Term Debt, Issued price per $100		97.832%
Net proceeds from issuance of senior notes	$ 171,200,000
Long-Term Debt, discount		$ 3,800,000
Long-Term Debt, debt issuance costs	$ 4,600,000
10.25% Senior Notes, due 2017 | Senior Notes
Debt Disclosure [Line Items]
Long-Term Debt, principal amount			$ 150,000,000
Long-Term Debt, interest rate		10.25%

Redemption Prices Expressed as

Redemption Prices Expressed as Percentages of Principal Amount (Detail) - 7.875% senior notes, due 2021	Dec. 31, 2015
Debt Instrument [Line Items]
2,016	105.906%
2,017	103.938%
2,018	101.969%
2019 and thereafter	100.00%

Income tax expense (benefit) (D

Income tax expense (benefit) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current provision:
State	$ 723	$ 869	$ 685
Federal	0	0	0
Foreign	229	302	(125)
Total	952	1,171	560
Deferred provision:
State	(355)	313	292
Federal	387	2,429	(3,156)
Foreign	124
Total	156	2,742	(2,864)
Total income tax expense (benefit)	$ 1,108	$ 3,913	$ (2,304)

Summary of Reconciliation of Fe

Summary of Reconciliation of Federal Statutory Tax Rate to Partnership's Effective Tax Rate (Detail)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reconciliation of Provision of Income Taxes [Line Items]
Computed tax provision (benefit) at the applicable statutory tax rate	35.00%	35.00%	35.00%
State and local taxes net of federal income tax benefit	(2.60%)	(15.60%)	(2.20%)
Tax exempt (income) loss	(4.40%)	(15.00%)	(7.20%)
Change in valuation allowance	(65.10%)	(158.20%)	(43.10%)
Partnership earnings not subject to tax	32.00%	96.60%	12.00%
Permanent differences	0.20%	0.90%	15.60%
Other	0.10%	(0.70%)	0.70%
Income tax expense (benefit)	(4.80%)	(57.00%)	10.80%

Significant Components of Defer

Significant Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Prepaid expenses	$ 7,626	$ 5,373
State net operating loss	14,260	13,015
Federal net operating loss	91,571	78,084
Other	67	(831)
Valuation allowance	(75,344)	(57,148)
Total deferred tax assets	38,180	38,493
Deferred tax liabilities:
Property, plant and equipment	9,290	8,058
Total deferred tax liabilities	55,973	56,161
Net deferred tax liabilities	17,793	17,668
Cemetery property
Deferred tax liabilities:
Deferred revenue	9,208	8,939
Future Revenue and Accounts Receivable
Deferred tax liabilities:
Deferred revenue	$ 37,475	$ 39,164

Deferred Tax Assets and Liabili

Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Deferred Income Tax Assets and Liabilities [Line Items]
Deferred tax assets	$ 40	$ 40
Noncurrent assets	40	40
Deferred tax assets	38,140	38,453
Deferred tax liabilities	55,973	56,161
Noncurrent liabilities	17,833	17,708
Net deferred tax liabilities	$ 17,793	$ 17,668

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)
Income Taxes [Line Items]
Alternative minimum tax credit carry forwards	$ 0.1
State and Local Jurisdiction
Income Taxes [Line Items]
Net operating loss carryforwards	321.8
Internal Revenue Service (IRS)
Income Taxes [Line Items]
Net operating loss carryforwards	$ 261.8
Net operating loss carryforwards, expiration date	2,017

Deferred Cemetery Revenues Net

Deferred Cemetery Revenues Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred Revenue Arrangement [Line Items]
Deferred merchandise trust unrealized gains (losses)	$ (24,685)	$ 2,284
Deferred cost of goods sold	(92,650)	(60,603)
Deferred cemetery revenues, net	637,536	643,408
Deferred selling and obtaining costs	111,542	97,795
Pre Acquisition Margin
Deferred Revenue Arrangement [Line Items]
Deferred cemetery revenues, net	142,672	140,378
Merchandise Trusts
Deferred Revenue Arrangement [Line Items]
Deferred cemetery revenues, net	80,294	104,717
Cemetery
Deferred Revenue Arrangement [Line Items]
Deferred cemetery revenues, net	$ 531,905	$ 456,632

Long Term Incentive and Retirem

Long Term Incentive and Retirement Plans - Additional Information (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015		Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation expense for unit awards		$ 1,516		$ 1,068		$ 1,370
2014 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long-Term Incentive Plan, common units permitted for grant		1,500,000
Long-Term Incentive Plan, common units increase per year		100,000
Long-Term Incentive Plan, common units to be issued upon vesting and exercise		102,661
Long-Term Incentive Plan, common units to issued		14,455
Long-Term Incentive Plan, common units available for future issuance		1,382,884
Long-Term Incentive Plan, common units increased for issuance during the period		0
2004 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long-Term Incentive Plan, common units to be issued upon vesting and exercise		187,328
Long-Term Incentive Plan, common units to issued		626,188
Long-Term Incentive Plan, common units available for future issuance		0
2013 UAR Agreements
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long-Term incentive plan, aggregate fair value						100
2014 UAR Agreements
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long-Term incentive plan, aggregate fair value				100
Unit appreciation rights
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation expense for unit awards		$ 100		$ 100		$ 500
UARs granted under LTIP, contractual term		5 years
UARs vesting period		48 months
UARs granted under LTIP, outstanding		66,793	[1]	123,000	[1]	673,716	[1]	774,598
Unrecognized compensation cost related to non-vested UARs		$ 100
Common units issued as a result of UARs exercise		7,716		152,823		34,096
Unit appreciation rights | vesting within the following 12 months
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
UARs vesting period		12 months
UARs granted under LTIP, outstanding		20,313
Restricted phantom units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation expense for unit awards		$ 1,000		$ 1,000		$ 800
Restricted phantom units | 2014 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
UARs granted under LTIP, outstanding	[2]	102,661		2,189
Restricted phantom units | 2004 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
UARs granted under LTIP, outstanding		184,457	[3]	169,122	[3]	162,103	[3]	143,213
[1]	Based on the closing price of the common units on December 31, 2015 the estimated intrinsic value of the outstanding UARs was $0.1 million. The weighted average remaining contractual life for outstanding UAR awards at December 31, 2015 was 2.6 years.
[2]	Based on the closing price of the common units on December 31, 2015, the estimated intrinsic value of the outstanding unit awards was $2.7 million at December 31, 2015.
[3]	Based on the closing price of the common units on December 31, 2015, the estimated intrinsic value of the outstanding restricted phantom units was $4.9 million.

Long-Term Incentive Plan and Un

Long-Term Incentive Plan and Unit Appreciation Right Activity (Detail) - shares		12 Months Ended
		Dec. 31, 2015		Dec. 31, 2014		Dec. 31, 2013
Restricted phantom units | 2014 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, beginning of period	[1]	2,189
Granted	[2]	122,154		2,189
Settled in common units or cash	[2]	(14,455)
Forfeited		(7,227)
Outstanding, end of period	[1]	102,661		2,189
Restricted phantom units | 2004 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, beginning of period		169,122	[3]	162,103	[3]	143,213
Granted	[4]	15,335		23,003		18,890
Settled in common units or cash				(15,984)
Outstanding, end of period	[3]	184,457		169,122		162,103
Unit appreciation rights
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, beginning of period		123,000	[5]	673,716	[5]	774,598
Granted				15,000		52,500
Forfeited		(5,730)		(11,250)		(20,272)
Outstanding, end of period	[5]	66,793		123,000		673,716
Exercised		(50,477)		(554,466)		(133,110)
Exercisable, end of period		33,092		57,090		594,248
[1]	Based on the closing price of the common units on December 31, 2015, the estimated intrinsic value of the outstanding unit awards was $2.7 million at December 31, 2015.
[2]	The weighted-average grant date fair value for the unit awards on the date of grant was $26.94 and $26.27 for the years ended December 31, 2015 and 2014, respectively. The intrinsic values of unit awards vested during the years ended December 31, 2015 and 2014 were $0.6 million and $0.1 million, respectively.
[3]	Based on the closing price of the common units on December 31, 2015, the estimated intrinsic value of the outstanding restricted phantom units was $4.9 million.
[4]	The weighted-average grant date fair value for the phantom unit awards on the date of grant was $28.42, $24.90, and $25.29 for the years ended December 31, 2015, 2014 and 2013, respectively. The intrinsic values of phantom unit awards vested during the years ended December 31, 2015, 2014 and 2013 were $0.9 million, $1.0 million and $0.8 million, respectively.
[5]	Based on the closing price of the common units on December 31, 2015 the estimated intrinsic value of the outstanding UARs was $0.1 million. The weighted average remaining contractual life for outstanding UAR awards at December 31, 2015 was 2.6 years.

Long-Term Incentive Plan and 81

Long-Term Incentive Plan and Unit Appreciation Right Activity (Parenthetical) (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Restricted phantom units | 2014 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long-Term incentive plan, fair value per unit	$ 26.94	$ 26.27
Common unit awards vested during the period, intrinsic values	$ 0.6	$ 0.1
Common unit awards outstanding, intrinsic values	$ 2.7
Restricted phantom units | 2004 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long-Term incentive plan, fair value per unit	$ 28.42	$ 24.90	$ 25.29
Common unit awards vested during the period, intrinsic values	$ 0.9	$ 1	$ 0.8
Restricted Phantom Stock Awards | 2004 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common unit awards outstanding, intrinsic values	4.9
Unit appreciation rights
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common unit awards outstanding, intrinsic values	$ 0.1
Common unit awards outstanding, weighted average remaining contractual life	2 years 7 months 6 days

Weighted-Average Values and Ass

Weighted-Average Values and Assumptions Used to Estimate Fair Value of Unit Appreciation Rights (Detail)	12 Months Ended
	Dec. 31, 2015$ / shares
2014 UAR Agreements
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	9.95%
Risk-free interest rate	1.06%
Expected volatility	27.13%
Expected life (in years)	3 years 6 months 7 days
Fair value per UAR granted	$ 1.60
2013 UAR Agreements
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	9.14%
Risk-free interest rate	0.63%
Expected volatility	28.57%
Expected life (in years)	3 years 6 months 7 days
Fair value per UAR granted	$ 2.09

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Employee	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Leases And Employment Agreements Disclosure [Line Items]
Legal settlement	$ (3,135)
Operating lease expense	$ 3,400	$ 2,500	$ 2,700
Number Of Senior Executives | Employee	1
Senior Executives
Leases And Employment Agreements Disclosure [Line Items]
Employment agreement term	3 years
Minimum
Leases And Employment Agreements Disclosure [Line Items]
Operating lease, initial term	1 year
Maximum
Leases And Employment Agreements Disclosure [Line Items]
Operating lease, initial term	25 years

Operating Lease Future Payments

Operating Lease Future Payments (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Operating Leases Future Minimum Payments Due [Line Items]
2,016	$ 3,356
2,017	3,520
2,018	3,411
2,019	3,069
2,020	1,784
Thereafter	10,471
Total	$ 25,611

Fair Value of Financial Instr85

Fair Value of Financial Instruments - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes payable, carrying value	$ 172.2	$ 171.8
Senior Notes | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes payable, fair value	$ 179.9	$ 182.2
Line of Credit | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument maturity term	90 days

Condensed Consolidating Balance

Condensed Consolidating Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 15,153	$ 10,401	$ 12,175	$ 7,946
Other current assets	92,645	91,477
Total current assets	107,798	101,878
Long-term accounts receivable	95,167	89,536
Cemetery property and equipment	446,969	440,239
Merchandise trusts	464,676	484,820
Perpetual care trusts	307,804	345,105
Deferred selling and obtaining costs	111,542	97,795
Goodwill and intangible assets	137,060	127,826
Other assets	15,109	3,176
Total assets	1,686,125	1,690,375	1,466,035
Liabilities and Equity
Current liabilities	35,818	38,852
Long-term debt, net of deferred financing costs	316,399	276,289
Deferred cemetery revenues, net	637,536	643,408
Merchandise liability	173,097	150,192
Perpetual care trust corpus	307,804	345,105
Other long-term liabilities	31,793	27,767
Total liabilities	1,502,447	1,481,613
Partners' Capital	183,678	208,762	107,520	135,182
Total liabilities and partners' capital	1,686,125	1,690,375
Consolidation, Eliminations
Current assets:
Due from affiliates	(619,307)	(637,690)
Investment in affiliates	(223,086)	(281,357)
Total assets	(842,393)	(919,047)
Liabilities and Equity
Due to affiliates	(619,307)	(637,690)
Total liabilities	(619,307)	(637,690)
Partners' Capital	(223,086)	(281,357)
Total liabilities and partners' capital	(842,393)	(919,047)
Parent
Current assets:
Due from affiliates	68,000	67,700
Investment in affiliates	183,678	208,762
Total assets	251,678	276,462
Liabilities and Equity
Long-term debt, net of deferred financing costs	68,000	67,700
Total liabilities	68,000	67,700
Partners' Capital	183,678	208,762
Total liabilities and partners' capital	251,678	276,462
Subsidiary Issuer
Current assets:
Other current assets	4,797	4,244
Total current assets	4,797	4,244
Long-term accounts receivable	2,888	2,453
Cemetery property and equipment	1,084	1,033
Deferred selling and obtaining costs	5,967	5,744
Due from affiliates	121,228	133,569
Investment in affiliates	40,783	64,429
Total assets	176,747	211,472
Liabilities and Equity
Current liabilities	12	263
Long-term debt, net of deferred financing costs	104,200	104,100
Deferred cemetery revenues, net	27,528	28,599
Merchandise liability	5,599	5,915
Total liabilities	137,339	138,877
Partners' Capital	39,408	72,595
Total liabilities and partners' capital	176,747	211,472
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	11,869	7,059	9,263	3,950
Other current assets	75,337	76,753
Total current assets	87,206	83,812
Long-term accounts receivable	80,969	76,416
Cemetery property and equipment	414,785	408,983
Deferred selling and obtaining costs	91,275	81,195
Goodwill and intangible assets	78,223	67,993
Other assets	12,913	930
Due from affiliates	430,079	436,421
Investment in affiliates	(1,375)	8,166
Total assets	1,194,075	1,163,916
Liabilities and Equity
Current liabilities	34,969	37,774
Long-term debt, net of deferred financing costs	144,199	104,489
Deferred cemetery revenues, net	539,878	551,283
Merchandise liability	156,838	134,101
Other long-term liabilities	22,299	19,000
Due to affiliates	173,575	171,800
Total liabilities	1,071,758	1,018,447
Partners' Capital	122,317	145,469
Total liabilities and partners' capital	1,194,075	1,163,916
Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	3,284	3,342	$ 2,912	$ 3,996
Other current assets	12,511	10,480
Total current assets	15,795	13,822
Long-term accounts receivable	11,310	10,667
Cemetery property and equipment	31,100	30,223
Merchandise trusts	464,676	484,820
Perpetual care trusts	307,804	345,105
Deferred selling and obtaining costs	14,300	10,856
Goodwill and intangible assets	58,837	59,833
Other assets	2,196	2,246
Total assets	906,018	957,572
Liabilities and Equity
Current liabilities	837	815
Deferred cemetery revenues, net	70,130	63,526
Merchandise liability	10,660	10,176
Perpetual care trust corpus	307,804	345,105
Other long-term liabilities	9,494	8,767
Due to affiliates	445,732	465,890
Total liabilities	844,657	894,279
Partners' Capital	61,361	63,293
Total liabilities and partners' capital	$ 906,018	$ 957,572

Condensed Consolidating Stateme

Condensed Consolidating Statements of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]
Total revenues	$ 79,198	$ 78,200	$ 80,825	$ 67,417	$ 73,991	$ 78,174	$ 71,533	$ 64,387	$ 305,640	$ 288,085	$ 246,641
Total cost and expenses									(304,300)	(274,225)	(240,258)
Other income (loss)									(1,891)	890	(6,649)
Interest expense									(22,585)	(21,610)	(21,070)
Loss before income taxes									(23,136)	(6,860)	(21,336)
Income tax benefit (expense)									(1,108)	(3,913)	2,304
Net income (loss)	$ (7,111)	$ (3,402)	$ (4,848)	$ (8,883)	$ (7,796)	$ (3,268)	$ (118)	$ 409	(24,244)	(10,773)	(19,032)
Consolidation, Eliminations
Condensed Financial Statements, Captions [Line Items]
Total revenues									(10,299)	(12,131)	(15,069)
Total cost and expenses									10,299	12,131	15,069
Net loss from equity investment in subsidiaries									38,776	14,689	20,392
Loss before income taxes									38,776	14,689	20,392
Net income (loss)									38,776	14,689	20,392
Parent
Condensed Financial Statements, Captions [Line Items]
Net loss from equity investment in subsidiaries									(18,810)	(5,339)	(13,598)
Interest expense									(5,434)	(5,434)	(5,434)
Loss before income taxes									(24,244)	(10,773)	(19,032)
Net income (loss)									(24,244)	(10,773)	(19,032)
Subsidiary Issuer
Condensed Financial Statements, Captions [Line Items]
Total revenues									5,722	8,237	5,744
Total cost and expenses									(10,623)	(11,547)	(8,523)
Other income (loss)											12,261
Net loss from equity investment in subsidiaries									(19,966)	(9,350)	(6,794)
Interest expense									(8,347)	(8,347)	(8,347)
Loss before income taxes									(33,214)	(21,007)	(5,659)
Net income (loss)									(33,214)	(21,007)	(5,659)
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Total revenues									262,728	254,997	226,653
Total cost and expenses									(257,099)	(235,113)	(212,754)
Other income (loss)									(1,891)	890	(18,910)
Interest expense									(8,076)	(7,430)	(7,289)
Loss before income taxes									(4,338)	13,344	(12,300)
Income tax benefit (expense)									(1,108)	(3,913)	2,304
Net income (loss)									(5,446)	9,431	(9,996)
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Total revenues									47,489	36,982	29,313
Total cost and expenses									(46,877)	(39,696)	(34,050)
Interest expense									(728)	(399)
Loss before income taxes									(116)	(3,113)	(4,737)
Net income (loss)									$ (116)	$ (3,113)	$ (4,737)

Condensed Consolidating State88

Condensed Consolidating Statement of Cash Flows (Detail) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	May. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities		$ 4,062	$ 19,448	$ 35,077
Cash Flows From Investing Activities:
Cash paid for acquisitions and capital expenditures		(34,139)	(70,658)	(26,697)
Consideration for lease and management agreements			(53,000)
Net cash used in investing activities		(34,139)	(123,658)	(26,697)
Cash Flows From Financing Activities:
Cash distributions		(77,512)	(62,836)	(52,053)
Net borrowings and repayments of debt		37,261	(5,275)	29,570
Proceeds from issuance of common units	$ 55,000	75,156	173,497	38,377
Other financing activities		(76)	(2,950)	(20,045)
Net cash provided by (used in) financing activities		34,829	102,436	(4,151)
Net increase (decrease) in cash and cash equivalents		4,752	(1,774)	4,229
Cash and cash equivalents - Beginning of period		10,401	12,175	7,946
Cash and cash equivalents - End of period		15,153	10,401	12,175
Consolidation, Eliminations
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities		(16,137)	(13,781)	(27,457)
Cash Flows From Investing Activities:
Payments to affiliates			163,661
Net cash used in investing activities			163,661
Cash Flows From Financing Activities:
Payments from (to) affiliates		16,137	(149,880)	27,457
Net cash provided by (used in) financing activities		16,137	(149,880)	27,457
Parent
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities		2,356		13,676
Cash Flows From Investing Activities:
Payments to affiliates			(110,661)
Net cash used in investing activities			(110,661)
Cash Flows From Financing Activities:
Cash distributions		(77,512)	(62,836)	(52,053)
Proceeds from issuance of common units		75,156	173,497	38,377
Net cash provided by (used in) financing activities		(2,356)	110,661	(13,676)
Subsidiary Issuer
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities		284	150	73
Cash Flows From Investing Activities:
Cash paid for acquisitions and capital expenditures		(284)	(150)	(73)
Net cash used in investing activities		(284)	(150)	(73)
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities		14,626	29,918	49,544
Cash Flows From Investing Activities:
Cash paid for acquisitions and capital expenditures		(30,864)	(67,777)	(26,299)
Payments to affiliates			(53,000)
Net cash used in investing activities		(30,864)	(120,777)	(26,299)
Cash Flows From Financing Activities:
Payments from (to) affiliates		(16,137)	96,880	(27,457)
Net borrowings and repayments of debt		37,261	(5,275)	29,570
Other financing activities		(76)	(2,950)	(20,045)
Net cash provided by (used in) financing activities		21,048	88,655	(17,932)
Net increase (decrease) in cash and cash equivalents		4,810	(2,204)	5,313
Cash and cash equivalents - Beginning of period		7,059	9,263	3,950
Cash and cash equivalents - End of period		11,869	7,059	9,263
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities		2,933	3,161	(759)
Cash Flows From Investing Activities:
Cash paid for acquisitions and capital expenditures		(2,991)	(2,731)	(325)
Consideration for lease and management agreements			(53,000)
Net cash used in investing activities		(2,991)	(55,731)	(325)
Cash Flows From Financing Activities:
Payments from (to) affiliates			53,000
Net cash provided by (used in) financing activities			53,000
Net increase (decrease) in cash and cash equivalents		(58)	430	(1,084)
Cash and cash equivalents - Beginning of period		3,342	2,912	3,996
Cash and cash equivalents - End of period		$ 3,284	$ 3,342	$ 2,912

Issuances of Limited Partner 89

Issuances of Limited Partner Units - Additional Information (Detail) - USD ($)	Nov. 19, 2015	Jul. 10, 2015	Jun. 30, 2014	May. 31, 2014	Feb. 28, 2014	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Limited Partners' Capital Account [Line Items]
Public offering, common units sold		2,415,000	2,990,000		2,300,000	1,610,000
Public offering, price per unit		$ 29.63	$ 23.67		$ 24.45	$ 25.35
Public offering, net proceeds		$ 67,900,000	$ 67,100,000		$ 53,200,000	$ 38,400,000
Common units issued				2,255,947
Proceeds from issuance of common units				$ 55,000,000			$ 75,156,000	$ 173,497,000	$ 38,377,000
Distribution units issued							204,804	111,740
Cash Distributions paid							$ 5,800,000	$ 2,800,000
ATM Agreement
Limited Partners' Capital Account [Line Items]
Issuance of common units							277,667
Proceeds from issuance of common units, net							$ 7,500,000
ATM Agreement | Maximum
Limited Partners' Capital Account [Line Items]
Value of shares issuable under market agreement	$ 100,000,000
Agent commission, maximum percentage of gross sales price of common units sold	2.00%

Segment Information (Detail)

Segment Information (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Revenues	$ 79,198	$ 78,200	$ 80,825	$ 67,417	$ 73,991	$ 78,174	$ 71,533	$ 64,387	$ 305,640	$ 288,085	$ 246,641
Depreciation and amortization									(12,803)	(11,081)	(9,548)
Operating income									1,340	13,860	6,383
Total segment income (loss)									41,729	49,560	37,485
Corporate overhead									(38,609)	(34,723)	(29,926)
Capital expenditures									15,339	14,574	12,752
Corporate depreciation and amortization									(1,780)	(977)	(1,176)
Assets	1,686,125				1,690,375				1,686,125	1,690,375	1,466,035
Other net gains (losses)									(1,891)	890	(6,649)
Goodwill	69,851				58,836				69,851	58,836	48,737
Interest expense									(22,585)	(21,610)	(21,070)
Income tax benefit (expense)									(1,108)	(3,913)	2,304
Net loss	(7,111)	$ (3,402)	$ (4,848)	$ (8,883)	(7,796)	$ (3,268)	$ (118)	$ 409	(24,244)	(10,773)	(19,032)
Cemetery
Segment Reporting Information [Line Items]
Revenues									247,870	239,399	201,686
Operating costs and expenses									(205,475)	(188,711)	(165,130)
Depreciation and amortization									(7,766)	(6,904)	(5,336)
Operating income									34,629	43,784	31,220
Total segment income (loss)									34,629	43,784	31,220
Capital expenditures									11,853	13,368	10,111
Assets	1,473,694				1,507,994				1,473,694	1,507,994	1,310,290
Goodwill	25,320				24,186				25,320	24,186	18,122
Funeral Home
Segment Reporting Information [Line Items]
Revenues									57,770	48,686	44,955
Operating costs and expenses									(47,413)	(39,710)	(35,654)
Depreciation and amortization									(3,257)	(3,200)	(3,036)
Operating income									7,100	5,776	6,265
Total segment income (loss)									7,100	5,776	6,265
Capital expenditures									580	545	1,250
Assets	190,443				164,925				190,443	164,925	135,232
Goodwill	44,531				34,650				44,531	34,650	30,615
Corporate
Segment Reporting Information [Line Items]
Capital expenditures									2,906	661	1,391
Assets	$ 21,988				$ 17,456				$ 21,988	$ 17,456	$ 20,513

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Subsequent Event - USD ($) $ / shares in Units, $ in Millions	Jan. 26, 2016	Feb. 29, 2016	Jan. 31, 2016
Subsequent Event [Line Items]
Quarterly cash distribution per common unit	$ 0.66
Distribution payable date	Feb. 12, 2016
Distribution record date	Feb. 5, 2016
ATM Agreement
Subsequent Event [Line Items]
Issuance of common units		0	474,657
Proceeds from issuance of common units, net			$ 12.4

Quarterly Results of Operatio92

Quarterly Results of Operations (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule Of Quarterly Financial Information [Line Items]
Revenues	$ 79,198	$ 78,200	$ 80,825	$ 67,417	$ 73,991	$ 78,174	$ 71,533	$ 64,387	$ 305,640	$ 288,085	$ 246,641
Net income (loss)	(7,111)	(3,402)	(4,848)	(8,883)	(7,796)	(3,268)	(118)	409	(24,244)	(10,773)	(19,032)
General partner's interest in net income (loss) for the period	(88)	(42)	(65)	(120)	(106)	(44)	(9)	4	315	155	350
Limited partners' interest in net income (loss) for the period	$ (7,023)	$ (3,360)	$ (4,783)	$ (8,763)	$ (7,690)	$ (3,224)	$ (109)	$ 405	$ (23,929)	$ (10,618)	$ (18,682)
Net income (loss) per limited partner unit (basic and diluted)	$ (0.22)	$ (0.11)	$ (0.16)	$ (0.30)	$ (0.26)	$ (0.11)		$ 0.02