StoneMor 10-Q 27 Oct 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	Oct. 15, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	STON
Entity Registrant Name	STONEMOR PARTNERS LP
Entity Central Index Key	1,286,131
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		37,957,482

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 13,723	$ 12,570
Accounts receivable, net of allowance	76,430	77,253
Prepaid expenses	6,072	5,532
Other current assets	21,739	23,466
Total current assets	117,964	118,821
Long-term accounts receivable, net of allowance	98,879	98,886
Cemetery property	335,290	337,315
Property and equipment, net of accumulated depreciation	116,906	118,281
Merchandise trusts, restricted, at fair value	523,858	507,079
Perpetual care trusts, restricted, at fair value	341,479	333,780
Deferred selling and obtaining costs	120,113	116,890
Deferred tax assets	64	64
Goodwill	70,436	70,436
Intangible assets	64,852	65,438
Other assets	21,429	20,023
Total assets	1,811,270	1,787,013
Current liabilities:
Accounts payable and accrued liabilities	39,035	35,547
Accrued interest	5,443	1,571
Current portion, long-term debt	1,617	1,775
Total current liabilities	46,095	38,893
Long-term debt, net of deferred financing costs	303,618	300,351
Deferred revenues	891,356	866,633
Deferred tax liabilities	20,556	20,058
Perpetual care trust corpus	341,479	333,780
Other long-term liabilities	38,019	36,944
Total liabilities	1,641,123	1,596,659
Commitments and contingencies
Partners' capital (deficit):
General partner interest	(2,135)	(1,914)
Common limited partners' interest	172,282	192,268
Total partners' capital	170,147	190,354
Total liabilities and partners' capital	$ 1,811,270	$ 1,787,013

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues:
Total revenues	$ 82,946	$ 78,172
Costs and Expenses:
Cost of goods sold	13,519	10,720
Selling expense	16,459	14,733
General and administrative expense	9,957	9,204
Corporate overhead	11,104	10,311
Depreciation and amortization	3,455	3,065
Total costs and expenses	83,995	77,633
Other gains (losses), net	0	(882)
Interest expense	(6,706)	(5,790)
Loss from continuing operations before income taxes	(7,755)	(6,133)
Income tax expense	(806)	(260)
Net loss	(8,561)	(6,393)
General partner's interest	(89)	1,101
Limited partners' interest	$ (8,472)	$ (7,494)
Net loss per limited partner unit (basic and diluted) (in USD per unit)	$ (0.22)	$ (0.23)
Weighted average number of limited partners' units outstanding (basic and diluted) (in shares)	37,918	32,539
Cemetery
Revenues:
Merchandise	$ 38,003	$ 33,690
Services	14,949	13,719
Investment and other	12,575	14,414
Total revenues	65,527	61,823
Costs and Expenses:
Cemetery expense	16,697	15,856
Depreciation and amortization	2,261	1,970
Funeral Home
Revenues:
Merchandise	7,836	7,482
Services	9,583	8,867
Total revenues	17,419	16,349
Costs and Expenses:
Cost of goods sold	1,760	2,149
Depreciation and amortization	806	877
Services	5,699	6,455
Other	$ 5,345	$ 5,140

CONDENSED CONSOLIDATED STATEME4

CONDENSED CONSOLIDATED STATEMENT OF PARTNERS' CAPITAL (UNAUDITED) - 3 months ended Mar. 31, 2017 - USD ($) $ in Thousands	Total	Outstanding Common Units	Common Limited Partners	General Partner
Beginning Balance at Dec. 31, 2016	$ 190,354		$ 192,268	$ (1,914)
Beginning Balance (in units) at Dec. 31, 2016		37,863,496
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common units	744		744
Common unit awards under incentive plans	241		241
Common unit awards under incentive plans (in units)		15,644
Net loss	(8,561)		(8,472)	(89)
Cash distributions	(11,887)		(11,755)	(132)
Unit distributions paid in kind	(744)		(744)
Unit distributions paid in kind (in units)		78,342
Ending Balance at Mar. 31, 2017	$ 170,147		$ 172,282	$ (2,135)
Ending Balance (in units) at Mar. 31, 2017		37,957,482

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash Flows From Operating Activities:
Net loss	$ (8,561)	$ (6,393)
Adjustments to reconcile net loss to net cash provided by operating activities:
Cost of lots sold	3,551	2,006
Depreciation and amortization	3,455	3,065
Provision for cancellations	1,828	2,718
Non-cash compensation expense	241	407
Non-cash interest expense	1,085	757
Other (gains) losses, net	0	882
Changes in assets and liabilities:
Accounts receivable, net of allowance	(1,284)	(3,945)
Merchandise trust fund	(3,430)	(11,613)
Other assets	(809)	(2,469)
Deferred selling and obtaining costs	(3,223)	(3,220)
Deferred revenues	12,802	15,711
Deferred taxes, net	498	17
Payables and other liabilities	6,198	7,311
Net cash provided by operating activities	12,351	5,234
Cash Flows From Investing Activities:
Cash paid for capital expenditures	(1,496)	(4,560)
Proceeds from asset sales	0	138
Net cash used in investing activities	(1,496)	(4,422)
Cash Flows From Financing Activities:
Cash distributions	(11,887)	(21,387)
Proceeds from borrowings	24,000	10,500
Repayments of debt	(21,072)	(10,355)
Proceeds from issuance of common units, net of costs	0	18,763
Cost of financing activities	(743)	0
Net cash used in financing activities	(9,702)	(2,479)
Net increase (decrease) in cash and cash equivalents	1,153	(1,667)
Cash and cash equivalents - Beginning of period	12,570	15,153
Cash and cash equivalents - End of period	13,723	13,486
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	1,802	1,513
Cash paid during the period for income taxes	2,371	376
Non-cash investing and financing activities:
Acquisition of assets by financing	$ 652	$ 56

GENERAL

GENERAL	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
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 March 31, 2017 , the Partnership operated 316 cemeteries in 27 states and Puerto Rico, of which 285 are owned and 31 are operated under lease, management or operating agreements. The Partnership also owned and operated 99 funeral homes, including 45 located on the grounds of cemetery properties that we own, in 18 states and Puerto Rico. Basis of Presentation The accompanying condensed consolidated financial statements, which are unaudited except for the balance sheet at December 31, 2016, which is derived from audited financial statements, have been prepared in accordance with the requirements of Form 10-Q and accounting principles generally accepted in the United States (“GAAP”) for interim reporting. They do not include all disclosures normally made in financial statements contained in Form 10-K. In management’s opinion, all adjustments necessary for a fair presentation of the Partnership’s financial position, results of operations and cash flows for the periods disclosed have been made. These interim condensed consolidated financial statements should be read in conjunction with the audited financial statements and the related notes thereto presented in the Partnership’s Annual Report on Form 10-K for the year ended December 31, 2016. The results of operations for the three months ended March 31, 2017 may not necessarily be indicative of the results of operations for the full year ending December 31, 2017 . Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of each of the Partnership’s 100% 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. 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 customer contract related performance obligations that it assumed as part of these agreements. Restatement of Previously Issued Unaudited Condensed Consolidated Financial Statements On September 18, 2017, the Partnership filed its Annual Report on Form 10-K for the year ended December 31, 2016, which amended the Partnership's audited consolidated financial statements as of December 31, 2015, and for each of the two years in the period ended December 31, 2015 and the related notes thereto. This Form 10-Q amends the Partnership’s unaudited condensed consolidated financial statements for the three months ended March 31, 2016 and the related notes thereto, included on Form 10-Q/A filed on November 9, 2016 ("Original Filing"). The Restatement reflects the correction of the following errors identified subsequent to the Original Filing: A. The Partnership understated recognized revenues from the satisfaction of cemetery and funeral home performance obligations in its condensed consolidated statement of operations. The understatement was primarily due to lags in or omissions of the data entry of a contract servicing event. The adjustments to correct these accounting errors resulted in a net increase of $1.2 million in revenues, of which $1.0 million related to merchandise revenues, for the three months ended March 31, 2016. B. In conjunction with the foregoing revenue recognition errors, on its condensed consolidated balance sheet, the Partnership had historically (i) deferred incorrect and imprecise amounts of investment revenues and expenses related to its merchandise trusts, (ii) reserved incorrect amounts for future cancellations related to its cemetery and funeral home performance obligations, and (iii) deferred incorrect amounts of selling costs. The correction of these accounting errors resulted in a net increase in “Cemetery investment and other revenues” of $0.1 million for the three months ended March 31, 2016 due to changes in the inputs used to calculate trust income recognition. This also resulted in a decrease in “Cemetery merchandise revenues” of $0.1 million for the three months ended March 31, 2016 due to an increase in cancellation reserve expense, and an increase in “Selling expense” of $0.2 million for the three months ended March 31, 2016. C. Certain components of “Other current assets” and “Accounts payable and accrued liabilities” on its condensed consolidated balance sheet were determined to be inappropriate in the Partnership’s review of accounting policies during its ongoing remediation. The Partnership had historically presented intercompany deposits due to its merchandise and perpetual care trust funds within “Other current assets” and presented intercompany payables to its merchandise and perpetual care trusts in “Accounts payable and accrued liabilities”. The Partnership has determined the intercompany payables and liabilities to its consolidated trust funds should be eliminated. The correction of the error resulted in a reclassification of $0.4 million in the condensed consolidated statements of cash flows between "Other assets" and "Payables and other liabilities" for the three months ended March 31, 2016. D. Specific to the Partnership’s disclosure in Note 11, Supplemental Condensed Consolidating Financial Information , (“Note 11”) the Partnership recorded incorrect amounts for its individual cemetery and funeral home location-level equity and intercompany balances at its formation and in subsequent acquisitions. Additionally, the Partnership presented certain managed locations as guarantor subsidiaries instead of non-guarantor subsidiaries in Note 11. Note that this error had no impact to amounts presented on the face of the condensed consolidated financial statements. E. The Partnership incorrectly presented the changes in “Accounts receivable, net of allowance” net of the income statement “Provision for cancellations” and omitted certain disclosures regarding the components of the changes in “Accounts receivable, net of allowance” and “Deferred revenues” in its condensed consolidated statement of cash flows. Additionally, specific to the Partnership’s related disclosure in Note 2, Accounts Receivable, Net of Allowance , the Partnership presented activity in the allowance for cancellations that related to deferred revenues on a gross basis instead of on a net basis. The correction of the error resulted in a reclassification of $2.7 million in the condensed consolidated statement of cash flows between "Provision for cancellations" and "Accounts receivable, net of allowance" for the three months ended March 31, 2016. The effect of these adjustments on the Partnership’s condensed consolidated statements of operations and cash flows for the three months ended March 31, 2016 is summarized below for each affected caption (in thousands, except per unit data): CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS Three Months Ended March 31, 2016 Reference As Filed Restatement As Restated Cemetery revenues: Merchandise A, B $ 32,768 $ 922 $ 33,690 Services A 13,463 256 13,719 Investment and other B 14,375 39 14,414 Funeral home revenues: Merchandise A 7,456 26 7,482 Total revenues 76,929 1,243 78,172 Selling expense B 14,576 157 14,733 Funeral home expenses: Services B 6,451 4 6,455 Total costs and expenses 77,472 161 77,633 Net loss (7,475 ) 1,082 (6,393 ) General partner's interest for the period 1,088 13 1,101 Limited partners' interest for the period (8,563 ) 1,069 (7,494 ) Net loss per limited partner unit (basic and diluted) $ (0.26 ) $ 0.03 $ (0.23 ) CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS Three Months Ended March 31, 2016 Reference As Filed Restatement As Restated Net loss $ (7,475 ) $ 1,082 $ (6,393 ) Provision for cancellations E — 2,718 2,718 Changes in assets and liabilities: Accounts receivable, net of allowance E (1,227 ) (2,718 ) (3,945 ) Other assets B, C (2,847 ) 378 (2,469 ) Deferred selling and obtaining costs B (3,379 ) 159 (3,220 ) Deferred revenues A, B 16,952 (1,241 ) 15,711 Payables and other liabilities C 7,689 (378 ) 7,311 Net cash provided by operating activities $ 5,234 $ — $ 5,234 As shown above, the adjustments affecting the condensed consolidated statement of cash flows for the period noted are included in the Partnership’s net loss from operations and offset by changes in operating assets and liabilities. There were no adjustments related to cash provided by (used in) investing and financing activities. Uses and Sources of Liquidity Our primary use of liquidity is to fund working capital requirements of our businesses, capital expenditures and for general corporate purposes, including debt repayment and distributions. As more fully discussed in Note 7, the terms of the Partnership's senior credit facility, as amended, place certain restrictions on the Partnership’s ability to increase and make distributions and obtain additional debt. Finally, the Partnership has incurred net losses for the reporting periods in this Form 10-Q, and the Consolidated Leverage Ratio under the credit facility has been nearing the maximum allowed ratio under existing covenants as disclosed in Note 7. During 2016 and 2017, the Partnership completed various financing transactions to provide supplemental liquidity necessary to achieve management’s strategic objectives, including issuance of common units, utilization of the at-the-market equity program and establishment of a new credit facility which, as discussed more fully in Note 7 and Note 15, was further amended during 2017. The Partnership acknowledges that it continues to face a challenging competitive environment, and while the Partnership continues to focus on its overall profitability, including managing expenses, the Partnership reported a loss for the three months ended March 31, 2017 . The Partnership expects that the actions taken in 2016 and 2017 will enhance its liquidity and financial flexibility. The Partnership will likely seek to continue to supplement cash generation with proceeds from financing activities, including borrowings under the credit facility and other borrowings, the issuance of additional limited partner units, capital contributions from the general partner and the sale of assets and other transactions. As of March 31, 2017 , the Partnership had $12.8 million of total available borrowing capacity under its revolving credit facility. If the Partnership continues to experience operating losses and is not able to generate additional liquidity through the mechanisms described above or through some combination of other actions, while not expected, the Partnership may be in breach of its covenants under the credit facility, and may not be able to access additional funds and the Partnership might need to secure additional sources of funds, which may or may not be available to the Partnership. Additionally, a failure to generate additional liquidity could negatively impact our access to inventory or services that are important to the operation of our business. Moreover, our ability to declare or pay future distributions may be impacted. Summary of Significant Accounting Policies Refer to Note 1 to the Partnership's audited consolidated financial statements included in Item 8 of its Annual Report on Form 10-K for the year ended December 31, 2016 for the complete summary of significant accounting policies. Use of Estimates The preparation of the Partnership’s unaudited condensed 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 unaudited condensed consolidated financial statements, as well as the reported amounts of revenue and expense during the reporting periods. The Partnership’s unaudited condensed consolidated financial statements are based on a number of significant estimates, including revenue and expense accruals, depreciation and amortization, merchandise trust and perpetual care trust asset valuation, allowance for cancellations, unit-based compensation, deferred revenues, deferred merchandise trust investment earnings, deferred selling and obtaining costs, assets and liabilities obtained through business combinations and income taxes. As a result, actual results could differ from those estimates. Goodwill Goodwill represents the excess of the purchase price over the fair value of identifiable net assets acquired. Goodwill is not amortized, but instead is subject to impairment testing on an annual basis, and between annual tests whenever events or changes in circumstances indicate that the fair value of a reporting unit may be below its carrying amount. No such events have occurred during the three months ended March 31, 2017 . Goodwill totaled approximately $70.4 million as of both March 31, 2017 and December 31, 2016 . 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 condensed 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. The change in the deferred tax liability during the three months ended March 31, 2017 was caused by an increase in deferred tax liabilities associated with long-lived intangibles that will reverse after the expiration of the existing deferred tax assets. 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 in excess of available cash are not allocated to the incentive distribution rights. 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): Three Months Ended March 31, 2017 2016 (As restated - see above) Net loss $ (8,561 ) $ (6,393 ) Less: Incentive distribution right (“IDR”) payments to general partner — 1,192 Net loss to allocate to general and common limited partners (8,561 ) (7,585 ) Less: General partner’s interest excluding IDRs (89 ) (91 ) Net loss attributable to common limited partners $ (8,472 ) $ (7,494 ) 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. These awards 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. 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): Three Months Ended March 31, 2017 2016 Weighted average number of common limited partner units - basic 37,918 32,539 Add effect of dilutive incentive awards (1) — — Weighted average number of common limited partner units - diluted 37,918 32,539 _____________________________ (1) The diluted weighted average number of limited partners’ units outstanding presented on the condensed consolidated statement of operations does not include 328,914 units and 292,670 units for the three months ended March 31, 2017 and 2016 , respectively, as their effects would be anti-dilutive. Recently Issued Accounting Standard Updates - Not Yet Effective In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). This ASU supersedes the revenue recognition requirements in FASB ASC 605, Revenue Recognition , and in most industry-specific topics. The new guidance identifies how and when entities should recognize revenue. The new rules establish a core principle requiring the recognition of revenue to depict the transfer of promised goods or services to customers in an amount reflecting the consideration to which the entity expects to be entitled in exchange for such goods or services. In connection with this new standard, the FASB has issued several amendments to ASU 2014-09, as follows: • In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) . This standard improves the implementation guidance on principal versus agent considerations and whether an entity reports revenue on a gross or net basis. • In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing . This standard clarifies identifying performance obligations and the licensing implementation guidance. • In May 2016, the FASB issued ASU 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients . This standard provides additional guidance on (a) the objective of the collectability criterion, (b) the presentation of sales tax collected from customers, (c) the measurement date of non-cash consideration received, (d) practical expedients in respect of contract modifications and completed contracts at transition and (e) disclosure of the effects of the accounting change in the period of adoption. • In December 2016, the FASB issued ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers , which amends certain narrow aspects of the guidance, including the disclosure of remaining performance obligations and prior-period performance obligations, as well as other amendments to the guidance on loan guarantee fees, contract costs, refund liabilities, advertising costs and the clarification of certain examples. • In September 2017, the FASB issued ASU No. 2017-13, Revenue Recognition (Topic 605), Revenue from Contracts with Customers (Topic 606), Leases (Topic 840), and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments , which provides additional clarification and implementation guidance on ASU 2014-09 and is effective consistent with the adoption schedule for ASU 2014-09. The new guidance in ASU 2014-09, as well as all amendments discussed above, is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. The new guidance permits two methods of adoption, full retrospective or modified retrospective and we intend to implement the standard with the modified retrospective approach, which recognizes the cumulative effect of application recognized on that date. Management has developed an implementation plan and is continuing to evaluate the impact that the adoption of this guidance will have on the financial statements of the Partnership. Management is in the midst of assessing the impact of the guidance on our contracts in all our revenue streams by reviewing our current accounting policies and practices to identify potential differences that would result from applying the new requirements to our revenue contracts. Management continues to monitor modifications, clarifications and interpretations issued by the FASB. Part of the implementation plan includes performing a detailed review of contracts and also evaluating the impact, if any, on changes to business processes, systems and controls to support recognition and disclosure under the new guidance. Although the Partnership has not yet fully determined the scope of the impact of the new standard on our consolidated results of operations, financial position, cash flows and financial statement disclosures, management expects that there will be an impact to the financial reporting disclosures and internal control over financial reporting. The Partnership will adopt the requirements of the new standard upon its effective date of January 1, 2018. 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. In the first quarter of 2016, the FASB issued Update No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). The core principle of ASU 2016-02 is that all leases create an asset and a liability for lessees and recognition of those lease assets and lease liabilities represents an improvement over previous GAAP, which did not require lease assets and lease liabilities to be recognized for most leases. The amendment is effective for annual reporting periods beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted. The Partnership plans to adopt the requirements of ASU 2016-02 upon its effective date of January 1, 2019, and is evaluating the potential impact of the adoption on its financial position, results of operations and related disclosures. In the second quarter of 2016, the FASB issued Update No. 2016-13, Credit Losses (Topic 326) (“ASU 2016-13”). The core principle of ASU 2016-13 is that all assets measured at amortized cost basis should be presented at the net amount expected to be collected using historical experience, current conditions and reasonable and supportable forecasts as a basis for credit loss estimates, instead of the probable initial recognition threshold used under current GAAP. The amendment is effective for annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years. Early application is permitted. The Partnership plans to adopt the requirements of ASU 2016-13 upon its effective date of January 1, 2020, and is evaluating the potential impact of the adoption on its financial position, results of operations and related disclosures. In the third quarter of 2016, the FASB issued Update No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). The core principle of ASU 2016-15 is to provide cash flow statement classification guidance. The amendment is effective for annual reporting periods beginning after December 15, 2017, including interim periods within those fiscal years. Early application is permitted. The Partnership plans to adopt the requirements of ASU 2016-15 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. In the fourth quarter of 2016, the FASB issued Update No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (“ASU 2016-18”). The core principle of ASU 2016-18 is to provide guidance on the presentation of restricted cash or restricted cash equivalents in the statement of cash flows. The amendment is effective for annual reporting periods beginning after December 15, 2017, including interim periods within those fiscal years. Early application is permitted. The Partnership plans to adopt the requirements of ASU 2016-18 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. In the first quarter of 2017, the FASB issued Update No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business , which clarifies the definition of a business. The amendments affect all companies and other reporting organizations that must determine whether they have acquired or sold a business. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The amendments are intended to help companies and other organizations evaluate whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments are effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The Partnership is evaluating the potential impact of the adoption on its financial position, results of operations and related disclosures. In the first quarter of 2017, the FASB also issued Update No. 2017-04, Intangibles-Goodwill and Other (Topic 350) (“ASU 2017-04”) to simplify the subsequent measurement of goodwill. ASU 2017-04 eliminates Step 2 from the goodwill impairment test. Instead, impairment is defined as the amount by which the carrying value of the reporting unit exceeds its fair value, up to the total amount of goodwill. The Partnership plans to adopt the requirements of ASU 2017-04 upon its effective date of January 1, 2020, and is evaluating the impact, if any, on its financial position, results of operations and related disclosures.

ACCOUNTS RECEIVABLE, NET OF ALL

ACCOUNTS RECEIVABLE, NET OF ALLOWANCE	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
ACCOUNTS RECEIVABLE, NET OF ALLOWANCE	2. ACCOUNTS RECEIVABLE, NET OF ALLOWANCE Long-term accounts receivable, net, consisted of the following at the dates indicated (in thousands): March 31, 2017 December 31, 2016 Customer receivables $ 223,113 $ 223,326 Unearned finance income (20,803 ) (21,034 ) Allowance for contract cancellations (27,001 ) (26,153 ) Accounts receivable, net of allowance 175,309 176,139 Less: Current portion, net of allowance 76,430 77,253 Long-term portion, net of allowance $ 98,879 $ 98,886 Activity in the allowance for contract cancellations was as follows (in thousands): Three Months Ended March 31, 2017 2016 (As restated - see Note 1) Balance, beginning of period $ 26,153 $ 23,985 Provision for cancellations 1,828 2,718 Cancellations (980 ) (1,682 ) Balance, end of period $ 27,001 $ 25,021 As noted in Note 1, the Partnership has changed its presentation herein to focus only on the provision and cancellations of amounts recognized. The allowance for contract cancellations included $18.5 million and $17.4 million related to deferred revenues as of March 31, 2017 and December 31, 2016 , respectively.

CEMETERY PROPERTY

CEMETERY PROPERTY	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
CEMETERY PROPERTY	3. CEMETERY PROPERTY Cemetery property consisted of the following at the dates indicated (in thousands): March 31, 2017 December 31, 2016 Cemetery land $ 256,482 $ 257,914 Mausoleum crypts and lawn crypts 78,808 79,401 Cemetery property $ 335,290 $ 337,315

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	4. PROPERTY AND EQUIPMENT Property and equipment consisted of the following at the dates indicated (in thousands): March 31, 2017 December 31, 2016 Buildings and improvements $ 126,025 $ 125,442 Furniture and equipment 56,106 56,408 Funeral home land 11,505 11,527 Property and equipment, gross 193,636 193,377 Less: Accumulated depreciation (76,730 ) (75,096 ) Property and equipment, net of accumulated depreciation $ 116,906 $ 118,281 Depreciation expense was $2.9 million and $2.5 million for the three months ended March 31, 2017 and 2016 , respectively.

MERCHANDISE TRUSTS

MERCHANDISE TRUSTS	3 Months Ended
	Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]
MERCHANDISE TRUSTS	5. MERCHANDISE TRUSTS At March 31, 2017 and December 31, 2016 , 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. All of these investments are classified as available for sale and accordingly, all of the assets are carried at fair value. All of the investments subject to the fair value hierarchy are considered either Level 1 or Level 2 assets pursuant to the three-level hierarchy described in Note 10. There were no Level 3 assets. The merchandise trusts are variable interest entities ("VIE") of which the Partnership is the primary beneficiary. The assets held in the merchandise trusts are required to be used to purchase the merchandise and provide the services to which they relate. If the value of these assets falls below the cost of purchasing such merchandise and providing such services, the Partnership may be required to fund this shortfall. The Partnership included $8.7 million and $8.6 million of investments held in trust by the West Virginia Funeral Directors Association at March 31, 2017 and December 31, 2016 , 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 three months ended March 31, 2017 and 2016 is presented below (in thousands): Three Months Ended March 31, 2017 2016 Balance, beginning of period $ 507,079 $ 464,676 Contributions 14,916 13,305 Distributions (16,728 ) (7,797 ) Interest and dividends 6,284 5,773 Capital gain distributions 237 219 Realized gains and losses 1,810 1,270 Taxes (1,675 ) (37 ) Fees (708 ) (383 ) Unrealized change in fair value 12,643 2,982 Balance, end of period $ 523,858 $ 480,008 During the three months ended March 31, 2017 and 2016 , purchases of available for sale securities were $22.1 million and $6.4 million , respectively, while sales, maturities and paydowns of available for sale securities were $27.1 million and $12.6 million , respectively. Cash flows from pre-need customer contracts are presented as operating cash flows in our condensed consolidated statement of cash flows. The cost and market value associated with the assets held in the merchandise trusts as of March 31, 2017 and December 31, 2016 were as follows (in thousands): March 31, 2017 Fair Value Cost Gross Gross Fair Short-term investments 1 $ 26,925 $ — $ — $ 26,925 Fixed maturities: U.S. governmental securities 2 172 1 (52 ) 121 Corporate debt securities 2 5,673 306 (303 ) 5,676 Total fixed maturities 5,845 307 (355 ) 5,797 Mutual funds - debt securities 1 229,609 4,845 (133 ) 234,321 Mutual funds - equity securities 1 111,335 11,349 (160 ) 122,524 Other investment funds (1) 75,498 597 (564 ) 75,531 Equity securities 1 35,203 5,047 (289 ) 39,961 Other invested assets 2 10,100 — — 10,100 Total investments $ 494,515 $ 22,145 $ (1,501 ) $ 515,159 West Virginia Trust Receivable 8,699 — — 8,699 Total $ 503,214 $ 22,145 $ (1,501 ) $ 523,858 ______________________________ (1) Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the balance sheet. This asset class is composed of fixed income funds and equity funds, which have redemption periods ranging from 30 to 90 days, and private credit funds, which have lockup periods of five years with two potential one year extensions at the discretion of the funds’ general partners. As of March 31, 2017 , there were $3.7 million in unfunded commitments to the private credit funds, which are callable at any time. December 31, 2016 Fair Value Cost Gross Gross Fair Short-term investments 1 $ 17,317 $ — $ — $ 17,317 Fixed maturities: U.S. governmental securities 2 172 2 (44 ) 130 Corporate debt securities 2 6,311 269 (202 ) 6,378 Total fixed maturities 6,483 271 (246 ) 6,508 Mutual funds - debt securities 1 236,159 1,580 (96 ) 237,643 Mutual funds - equity securities 1 126,215 3,361 (533 ) 129,043 Other investment funds (1) 60,017 603 (387 ) 60,233 Equity securities 1 35,079 3,640 (192 ) 38,527 Other invested assets 2 9,239 — — 9,239 Total investments $ 490,509 $ 9,455 (1,454 ) $ 498,510 West Virginia Trust Receivable 8,569 — — 8,569 Total $ 499,078 $ 9,455 $ (1,454 ) $ 507,079 ______________________________ (1) Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the balance sheet. This asset class is composed of fixed income funds and equity funds, which have redemption periods ranging from 30 to 90 days. The contractual maturities of debt securities as of March 31, 2017 were as follows (in thousands): Less than 1 year 1 year through 5 years 6 years through 10 years More than 10 years U.S. governmental securities $ — $ 56 $ 65 $ — Corporate debt securities 369 4,547 746 14 Total fixed maturities $ 369 $ 4,603 $ 811 $ 14 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 as of March 31, 2017 and December 31, 2016 is presented below (in thousands): Less than 12 months 12 months or more Total March 31, 2017 Fair Value Unrealized Losses Fair Unrealized Fair Unrealized Fixed maturities: U.S. governmental securities $ — $ — $ 102 $ 52 $ 102 $ 52 Corporate debt securities 1,040 116 370 187 1,410 303 Total fixed maturities 1,040 116 472 239 1,512 355 Mutual funds - debt securities 9,529 126 20 7 9,549 133 Mutual funds - equity securities 15,641 127 1,287 33 16,928 160 Other investment funds 33,259 564 — — 33,259 564 Equity securities 3,278 216 429 73 3,707 289 Total $ 62,747 $ 1,149 $ 2,208 $ 352 $ 64,955 $ 1,501 Less than 12 months 12 months or more Total December 31, 2016 Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities: U.S. governmental securities $ — $ — $ 87 $ 44 $ 87 $ 44 Corporate debt securities 556 6 871 196 1,427 202 Total fixed maturities 556 6 958 240 1,514 246 Mutual funds - debt securities 6,040 61 754 35 6,794 96 Mutual funds - equity securities 7,475 357 2,578 176 10,053 533 Other investment funds 37,357 387 — — 37,357 387 Equity securities 1,292 89 413 103 1,705 192 Total $ 52,720 $ 900 $ 4,703 $ 554 $ 57,423 $ 1,454 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 three months ended March 31, 2017 and 2016 , the Partnership determined that there were no other than temporary impairments to the investment portfolio in the merchandise trusts.

PERPETUAL CARE TRUSTS

PERPETUAL CARE TRUSTS	3 Months Ended
	Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]
PERPETUAL CARE TRUSTS	6. PERPETUAL CARE TRUSTS At March 31, 2017 and December 31, 2016 , 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. All of these investments are classified as available for sale and accordingly, all of the assets are carried at fair value. All of the investments subject to the fair value hierarchy are considered either Level 1 or Level 2 assets pursuant to the three-level hierarchy described in Note 10. There were no Level 3 assets. The perpetual care trusts are VIEs of which the Partnership is the primary beneficiary. A reconciliation of the Partnership’s perpetual care trust activities for the three months ended March 31, 2017 and 2016 is presented below (in thousands): Three Months Ended March 31, 2017 2016 Balance, beginning of period $ 333,780 $ 307,804 Contributions 2,115 2,474 Distributions (3,031 ) (3,723 ) Interest and dividends 3,871 4,149 Capital gain distributions 216 81 Realized gains and losses 2,065 74 Taxes (165 ) (97 ) Fees (608 ) (287 ) Unrealized change in fair value 3,236 (268 ) Balance, end of period $ 341,479 $ 310,207 During the three months ended March 31, 2017 and 2016 , purchases of available for sale securities were $69.5 million and $5.5 million , respectively, while sales, maturities and paydowns of available for sale securities were $64.1 million and $0.3 million , respectively. Cash flows from perpetual care trust related contracts are presented as operating cash flows in our condensed consolidated statement of cash flows. The cost and market value associated with the assets held in the perpetual care trusts as of March 31, 2017 and December 31, 2016 were as follows (in thousands): March 31, 2017 Fair Value Cost Gross Gross Fair Short-term investments 1 $ 9,671 $ — $ — $ 9,671 Fixed maturities: U.S. governmental securities 2 457 5 (27 ) 435 Corporate debt securities 2 6,785 214 (190 ) 6,809 Total fixed maturities 7,242 219 (217 ) 7,244 Mutual funds - debt securities 1 145,648 1,962 (658 ) 146,952 Mutual funds - equity securities 1 17,800 3,296 (21 ) 21,075 Other investment funds (1) 127,371 3,463 (720 ) 130,114 Equity securities 1 24,007 2,782 (451 ) 26,338 Other invested assets 2 85 — — 85 Total investments $ 331,824 $ 11,722 $ (2,067 ) $ 341,479 ______________________________ (1) Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the balance sheet. This asset class is composed of fixed income funds and equity funds, which have a redemption period ranging from 30 to 90 days, and private credit funds, which have lockup periods ranging from five to ten years with three potential one year extensions at the discretion of the funds’ general partners. As of March 31, 2017 , there were $56.2 million in unfunded commitments to the private credit funds, which are callable at any time. December 31, 2016 Fair Value Cost Gross Gross Fair Short-term investments 1 $ 16,113 $ — $ — $ 16,113 Fixed maturities: U.S. governmental securities 2 483 14 (23 ) 474 Corporate debt securities 2 12,598 380 (152 ) 12,826 Total fixed maturities 13,081 394 (175 ) 13,300 Mutual funds - debt securities 1 127,033 1,187 (669 ) 127,551 Mutual funds - equity securities 1 30,708 1,940 (26 ) 32,622 Other investment funds (1) 119,196 2,672 (622 ) 121,246 Equity securities 1 20,978 2,150 (432 ) 22,696 Other invested assets 2 252 — — 252 Total investments $ 327,361 $ 8,343 $ (1,924 ) $ 333,780 ______________________________ (1) Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the balance sheet. This asset class is composed of fixed income funds and equity funds, which have a redemption period ranging from 30 to 90 days, and private credit funds, which have lockup periods ranging from six to ten years with three potential one year extensions at the discretion of the funds’ general partners. As of December 31, 2016 , there were $45.1 million in unfunded commitments to the private credit funds, which are callable at any time. The contractual maturities of debt securities as of March 31, 2017 were as follows (in thousands): Less than 1 year through 6 years through More than U.S. governmental securities $ — $ 226 $ 165 $ 44 Corporate debt securities 633 5,319 783 74 Total fixed maturities $ 633 $ 5,545 $ 948 $ 118 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 debt and equity securities within the perpetual care trusts as of March 31, 2017 and December 31, 2016 is presented below (in thousands): Less than 12 months 12 months or more Total March 31, 2017 Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities: U.S. governmental securities $ — $ — $ 363 $ 27 $ 363 $ 27 Corporate debt securities 960 67 2,388 123 3,348 190 Total fixed maturities 960 67 2,751 150 3,711 217 Mutual funds - debt securities 43,199 631 536 27 43,735 658 Mutual funds - equity securities 1,168 17 113 4 1,281 21 Other investment funds 39,059 720 — — 39,059 720 Equity securities 6,880 438 156 13 7,036 451 Total $ 91,266 $ 1,873 $ 3,556 $ 194 $ 94,822 $ 2,067 Less than 12 months 12 months or more Total December 31, 2016 Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities: U.S. governmental securities $ — $ — $ 283 $ 23 $ 283 $ 23 Corporate debt securities 747 10 2,980 142 3,727 152 Total fixed maturities 747 10 3,263 165 4,010 175 Mutual funds - debt securities 24,026 620 1,908 49 25,934 669 Mutual funds - equity securities 3,836 16 452 10 4,288 26 Other investment funds 37,577 622 — — 37,577 622 Equity securities 4,532 409 145 23 4,677 432 Total $ 70,718 $ 1,677 $ 5,768 $ 247 $ 76,486 $ 1,924 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 three months ended March 31, 2017 and 2016 , the Partnership determined that there were no other than temporary impairments to the investment portfolio in the perpetual care trusts.

LONG-TERM DEBT

LONG-TERM DEBT	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
LONG-TERM DEBT	7. LONG-TERM DEBT Total debt consisted of the following at the dates indicated (in thousands): March 31, 2017 December 31, 2016 Credit facility $ 140,625 $ 137,125 7.875% Senior Notes, due June 2021 172,738 172,623 Notes payable - acquisition debt 453 502 Notes payable - acquisition non-competes 721 928 Insurance and vehicle financing 1,657 1,807 Less deferred financing costs, net of accumulated amortization (10,959 ) (10,859 ) Total debt 305,235 302,126 Less current maturities (1,617 ) (1,775 ) Total long-term debt $ 303,618 $ 300,351 Credit Facility On August 4, 2016, StoneMor Operating LLC (the “Operating Company”), a 100% owned subsidiary of the Partnership, entered into the Credit Agreement (the “Credit Agreement”) among each of the Subsidiaries of the Operating Company (together with the Operating Company, “Borrowers”), the Lenders identified therein, Capital One, National Association (“Capital One”), as Administrative Agent, Issuing Bank and Swingline Lender, Citizens Bank of Pennsylvania, as Syndication Agent, and TD Bank, N.A. and Raymond James Bank, N.A., as Co-Documentation Agents. In addition, on the same date, the Partnership, the Borrowers and Capital One, as Administrative Agent, entered into the Guaranty and Collateral Agreement (the “Guaranty Agreement,” and together with the Credit Agreement, “New Agreements”). Capitalized terms which are not defined in the following description of the New Agreements shall have the meaning assigned to such terms in the New Agreements, as amended. On March 15, 2017 , the Borrowers, Capital One, as Administrative Agent and acting in accordance with the written consent of the Required Lenders, entered into the First Amendment to Credit Agreement (as so amended, the "Original Credit Agreement"). The Original Credit Agreement provided for up to $210.0 million initial aggregate amount of Revolving Commitments, which may be increased, from time to time, in minimum increments of $5.0 million so long as the aggregate amount of such increases does not exceed $100.0 million . The Operating Company may also request the issuance of Letters of Credit for up to $15.0 million in the aggregate, of which there were $8.1 million outstanding at March 31, 2017 and $6.8 million outstanding at December 31, 2016. The Maturity Date under the Original Credit Agreement is the earlier of (i) August 4, 2021 and (ii) the date that is six months prior to the earliest scheduled maturity date of any outstanding Permitted Unsecured Indebtedness (at present, such date is December 1, 2020 , which is six months prior to June 1, 2021 maturity date of outstanding 7.875% senior notes). As of March 31, 2017 , the outstanding amount of borrowings under the Original Credit Agreement was $140.6 million , which was used to pay down outstanding obligations under the Partnership's prior credit agreement, to pay fees, costs and expenses related to the New Agreements and to fund working capital needs. Generally, proceeds of the Loans under the Original Credit Agreement can be used to finance the working capital needs and for other general corporate purposes of the Borrowers and Guarantors, including acquisitions and distributions permitted under the Original Credit Agreement. As of March 31, 2017 , the Partnership had $12.8 million of total available borrowing capacity under its revolving credit facility. Each Borrowing under the Original Credit Agreement is comprised of Base Rate Loans or Eurodollar Loans. The Loans comprising each Base Rate Borrowing (including each Swingline Loan) bear interest at the Base Rate plus the Applicable Rate, and the Loans comprising each Eurodollar Borrowing bear interest at the Eurodollar Rate plus the Applicable Rate. The Applicable Rate is determined based on the Consolidated Leverage Ratio of the Partnership and its Subsidiaries and ranges from 1.75% to 3.75% for Eurodollar Rate Loans and 0.75% to 2.75% for Base Rate Loans. Based on our Consolidated Leverage Ratio for the compliance period ended March 31, 2017 , the Applicable Rate for Eurodollar Rate Loans was 3.75% and for Base Rate Loans was 2.75% . The Original Credit Agreement also requires the Borrowers to pay a quarterly unused commitment fee, which accrues at the Applicable Rate on the amount by which the commitments under the Original Credit Agreement exceed the usage of such commitments, and which is included within interest expense on the Partnership’s condensed consolidated statements of operations. On March 31, 2017 , the weighted average interest rate on outstanding borrowings under the Original Credit Agreement was 4.9% . The Original Credit Agreement contains financial covenants, pursuant to which the Partnership will not permit: • the ratio of Consolidated Funded Indebtedness to Consolidated EBITDA, or the Consolidated Leverage Ratio, as of the last day of any fiscal quarter, commencing on September 30, 2016, determined for the period of four consecutive fiscal quarters ending on such date (the “Measurement Period”), to be greater than 4.25 to 1.0 for periods ended through September 30, 2017, and 4.00 to 1.0 for periods thereafter, which may be increased to 4.25 to 1.0 (in case of a Designated Acquisition made subsequent to the last day of the immediately preceding fiscal quarter) as of the last day of the fiscal quarter in which such Designated Acquisition occurs and as of the last day of the immediately succeeding fiscal quarter; and • the ratio of Consolidated EBITDA to Consolidated Debt Service, or the Consolidated Debt Service Coverage Ratio, as of the last day of any fiscal quarter, commencing on September 30, 2016 to be less than 2.50 to 1.0 for any Measurement Period. On March 31, 2017 , the Partnership’s Consolidated Leverage Ratio and the Consolidated Debt Service Coverage Ratio were 4.09 and 3.51 , respectively. The Original Credit Agreement prohibits the Partnership from increasing its regularly scheduled quarterly cash distributions otherwise permitted under the Original Credit Agreement until January 1, 2018 unless at the time such distribution is declared and on a pro forma basis after giving effect to the payment of any such distribution the Consolidated Leverage Ratio is no greater than 3.75 :1.00. Additional covenants include customary limitations, subject to certain exceptions, on, among others: (i) the incurrence of Indebtedness; (ii) granting of Liens; (iii) fundamental changes and dispositions; (iv) investments, loans, advances, guarantees and acquisitions; (v) swap agreements; (vi) transactions with Affiliates; (vii) Restricted Payments; and (viii) Sale and Leaseback Transactions. The Partnership was in compliance with the Original Credit Agreement covenants as of March 31, 2017 . The Borrowers’ obligations under the Original Credit Agreement are guaranteed by the Partnership and the Borrowers. Pursuant to the Guaranty Agreement, the Borrowers’ obligations under the Original Credit Agreement are secured by a first priority lien and security interest (subject to permitted liens and security interests) in substantially all of the Partnership’s and Borrowers’ assets, whether then owned or thereafter acquired, excluding certain excluded assets, which include, among others: (i) Trust Accounts, certain proceeds required by law to be placed into such Trust Accounts and funds held in such Trust Accounts; and (ii) Excluded Real Property, including owned and leased real property that may not be pledged as a matter of law. On July 26, 2017, StoneMor Operating LLC (the “Operating Company”), a 100% owned subsidiary of StoneMor Partners L.P. (the “Partnership”), the Subsidiaries (as defined in the Amended Credit Agreement) of the Operating Company (together with the Operating Company, “Borrowers”), the Lenders party thereto and Capital One, National Association (“Capital One”), as Administrative Agent (in such capacity, the “Administrative Agent”), entered into a Second Amendment and Limited Waiver (the "Second Amendment") and those parties subsequently entered into a Third Amendment and Limited Waiver effective as of August 15, 2017 (the "Third Amendment") and a Fourth Amendment to Credit Agreement dated September 29, 2017 (the “Fourth Amendment”). The cumulative effect of the Second Amendment, Third Amendment and Fourth Amendment was to modify the Original Credit Agreement to: • increase the facility’s Consolidated Leverage Ratio to 4.5 0:1.00 for the period ended September 30, 2017 and the period ending December 31, 2017 , stepping down to 4.25 :1.00 for periods ending in fiscal 2018, and then reverting back to 4.0 0:1.00; • provide that, in calculating Consolidated EBITDA for purposes of various financial covenants: ◦ the Partnership is entitled to add back: ▪ non-cash compensation or other expense attributable to equity compensation awards and certain other non-cash expenses; ▪ unrealized losses (less unrealized gains) and non-cash expenses arising from or attributable to the early termination of any swap agreement; ▪ other non-recurring cash expenses, losses, costs and charges subject to a limit of $14.3 million for the period ended June 30, 2017, $12.0 million for the period ended September 30, 2017 and periods ending December 31, 2017 , March 31, 2018 and June 30, 2018 , $4.0 million for the period ending September 30, 2018 and $2.0 million for periods thereafter; ▪ non-recurring cash expenses, costs and charges relating to the previously announced Securities and Exchange Commission investigation and related actions, ongoing class action litigation and any other non-ordinary course of business legal matters in an aggregate amount for all periods not to exceed $5.0 million ; and ▪ certain cash expenses, costs and charges with respect to liability or casualty events to the extent insurance or indemnity recovery from a third party is actually received or is reasonably expected to be received within 90 days following the end of the applicable period; and ◦ require the Partnership to subtract the following: ▪ non-cash items increasing Consolidated Net Income for the applicable period; ▪ federal, state, local and foreign income tax credits or refunds during such period; ▪ certain cash payments made during the applicable period in respect of any noncash accrual, reserve or other non-cash charge that is accounted for in a prior period which was added to Consolidated Net Income to determine Consolidated EBITDA for such prior period and which does not otherwise reduce Consolidated Net Income for the current period; and ▪ the amount of any insurance or indemnity recovery not so received within the 90 day period (or such longer period) set forth above and any recovery payments which are made by third parties within the 90 day period (or such longer period) set forth above, in each case to the extent added back to consolidated net income in the prior period; • amend the definition of “Consolidated Leverage Ratio” to permit the Partnership to deduct from Indebtedness the aggregate amount of all unrestricted cash and Cash Equivalents of the Partnership and its Subsidiaries in accounts subject to a first priority, perfected lien (subject to certain permitted liens) in favor of the Administrative Agent in an amount not to exceed $5,000,000 ; • reduce the revolver commitment to $200.0 million ; • add provisions relating to a Fixed Charge Coverage Ratio that: ◦ establish a minimum Consolidated Fixed Charge Coverage Ratio (as described below), as of the last day of any fiscal quarter, commencing on September 30, 2017, determined for the period of four ( 4 ) consecutive fiscal quarters ending on such date, of 1.20 :1.00 for the four fiscal quarter period ending on such measurement date; ◦ define “Consolidated Fixed Charge Ratio” as the ratio of (i) Consolidated EBITDA for the four fiscal quarter period ending on the applicable measurement date, minus (x) the aggregate of all expenditures by the Partnership and its Subsidiaries for a specified period which are included in “Maintenance Capital Expenditures” or “Growth Capital Expenditures” reflected in the consolidated statement of cash flows of the Partnership, but excluding any such expenditures to the extent financed from the proceeds of Indebtedness (other than Revolving Loans) or insurance proceeds or other similar recoveries paid on account of the loss of or damage to the assets being replaced or restored or other assets and that are made during such period, (y) any federal, state, local and foreign taxes paid by the Partnership and its Subsidiaries during such period (net of any tax credits or refunds during such period), and (z) all Restricted Payments (which includes distributions) paid in cash by the Partnership during such period, to (ii) Consolidated Fixed Charges for the four fiscal quarter period ending on such measurement date; and ◦ define “Consolidated Fixed Charges” as the sum of (i) Consolidated Interest Expense paid or payable in cash plus (ii) the aggregate amount of all scheduled principal payments with respect to all Consolidated Funded Indebtedness, but excluding any such payments to the extent refinanced through the incurrence of additional Indebtedness permitted under the Amended Credit Agreement; • prior to the date on which the Partnership shall have achieved, as of the last day of any fiscal quarter after September 29, 2017, a Consolidated Leverage Ratio of less than 4.00 :1.00 for the four consecutive fiscal quarters ending on such date: (a) limit Revolving Credit Availability to (i) the lesser of the Borrowing Base, which is equal to the sum of 80% of accounts receivable outstanding less than 120 days plus 40% of the book value, net of depreciation, of property, plant and equipment, and the aggregate Revolving Commitments of the Lenders at such time, minus (ii) the aggregate outstanding amount of Revolving Credit Exposures of the Lenders and (b) in the event the sum of the aggregate principal amount of all of the Revolving Credit Exposures of the Lenders exceeds the Borrowing Base then in effect, require the Borrowers to immediately prepay borrowings in an amount so that the Revolving Credit Availability is at least $0 ; and • extend the deadline for filing the Partnership’s Form 10-Q for the period ended September 30, 2017 to forty-five days following the filing of its Form 10-Q for the period ended June 30, 2017 , but not later than January 31, 2018 . 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 are being amortized over the life of the Senior Notes. The Senior Notes mature on June 1, 2021 . 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 2017 103.938% 2018 101.969% 2019 and thereafter 100.000% 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 the Partnership’s subsidiaries. The Indenture governing the Senior Notes contains covenants, including limitations of the Partnership’s ability to incur certain 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, among other items. As of March 31, 2017 , the Partnership was in compliance with these covenants.

DEFERRED REVENUES

DEFERRED REVENUES	3 Months Ended
	Mar. 31, 2017
Deferred Revenue Disclosure [Abstract]
DEFERRED REVENUES	8. DEFERRED REVENUES 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 merchandise and service revenues as deferred revenues within long-term liabilities on its condensed 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 condensed 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. Deferred revenues and related costs consisted of the following at the dates indicated (in thousands): March 31, 2017 December 31, 2016 Deferred contract revenues $ 788,477 $ 782,120 Deferred merchandise trust revenue 82,235 76,512 Deferred merchandise trust unrealized gains 20,644 8,001 Deferred revenues $ 891,356 $ 866,633 Deferred selling and obtaining costs $ 120,113 $ 116,890 Deferred revenues presented in the table above are net of the allowance for contract cancellations disclosed in Note 2.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	9. COMMITMENTS AND CONTINGENCIES Legal The Partnership is currently subject to class or collective actions under the Securities Exchange Act of 1934 and for related state law claims that certain of our officers and directors breached their fiduciary duty to the Partnership and its unitholders. The Partnership could also become subject to additional claims and legal proceedings relating to the factual allegations made in these actions. While management cannot reasonably estimate the potential exposure in these matters at this time, if the Partnership does not prevail in any such proceedings, the Partnership could be required to pay substantial damages or settlement costs, subject to certain insurance coverages. Management has determined that, based on the status of the claims and legal proceedings against us, the amount of the potential losses cannot be reasonably estimated at this time. These actions are summarized below. • Anderson v. StoneMor Partners, LP, et al., No. 2:16-cv-06111 pending in the United States District Court for the Eastern District of Pennsylvania, and filed on November 21, 2016. The plaintiffs in this case (as well as Klein v. StoneMor Partners, LP, et al., No. 2:16-cv-06275, filed in the United States District Court for the Eastern District of Pennsylvania on December 2, 2016, which has been consolidated with this case) brought an action on behalf of a putative class of the holders of Partnership units and allege that the Partnership made misrepresentations to investors in violation of Section 10(b) of the Securities Exchange Act of 1934 by, among other things and in general, failing to clearly disclose the use of proceeds from debt and equity offerings by making allegedly false or misleading statements concerning (a) the Partnership’s strength or health in connection with a particular quarter’s distribution announcement, (b) the connection between operations and distributions and (c) the Partnership’s use of cash from equity offerings and its credit facility. Lead plaintiffs have been appointed in this case, and filed a Consolidated Amended Class Action Complaint on April 24, 2017. Defendants filed a motion to dismiss that Consolidated Amended Complaint on June 8, 2017; the motion is pending. Plaintiffs seek damages from the Partnership and certain of its officers and directors on behalf of the class of Partnership unitholders, as well as costs and attorneys’ fees. • Bunim v. Miller, et al., No. 2:17-cv-00519-ER, pending in the United States District Court for the Eastern District of Pennsylvania, and filed on February 6, 2017. The plaintiff in this case brought, derivatively on behalf of the Partnership, claims that StoneMor GP’s officers and directors aided and abetted in breaches of StoneMor GP’s purported fiduciary duties by, among other things and in general, allegedly making misrepresentations through the use of non-GAAP accounting standards in its public filings, by allegedly failing to clearly disclose the use of proceeds from debt and equity offerings, and by allegedly approving unsustainable distributions. The plaintiff also claims that these actions and misrepresentations give rise to causes of action for gross mismanagement, unjust enrichment, and (in connection with a purportedly misleading proxy statement filed in 2014) violations of Section 14(a) of the Securities Exchange Act of 1934. The derivative plaintiff seeks an award of damages, attorneys’ fees and costs in favor of the Partnership as nominal plaintiff, as well as general compliance and governance changes. This case has been stayed, by the agreement of the parties, pending the resolution of the motion to dismiss filed in the Anderson case. • Muth v. StoneMor G.P. LLC, et al., December Term, 2016, No. 01196 and Binder v. StoneMor G.P. LLC, et al., January Term, 2017, No. 04872, both pending in the Court of Common Pleas for Philadelphia County, Pennsylvania, and filed on December 20, 2016 and February 3, 2017, respectively. In these cases, the plaintiffs brought, derivatively on behalf of the Partnership, claims that StoneMor GP’s officers and directors aided and abetted in breaches of StoneMor GP’s purported fiduciary duties by, among other things and in general, allegedly making misrepresentations through the use of non-GAAP accounting standards in its public filings and by failing to clearly disclose the use of proceeds from debt and equity offerings, as well as approving unsustainable distributions. The plaintiffs also claim that these actions and misrepresentations give rise to a cause of action for unjust enrichment. The derivative plaintiffs seek an award of damages, attorneys’ fees and costs in favor of the Partnership as nominal plaintiff, as well as alterations to the procedures for electing members to the board of StoneMor GP, and other compliance and governance changes. These cases have been consolidated and stayed, by the agreement of the parties, pending the resolution of the motion to dismiss filed in the Anderson case. The Partnership has received two subpoenas from the Philadelphia Regional Office of the Securities and Exchange Commission, Enforcement Division, in connection with a fact-finding as to whether violations of federal securities laws have occurred. The subpoenas themselves state that the fact-finding should not be construed as an indication that any violations of securities laws occurred. The first subpoena, received on April 25, 2017, sought information from us relating to, among other things, our prior restatements, financial statements, internal control over financial reporting, public disclosures, use of non-GAAP financial measures and matters pertaining to unitholder distributions and the sources of funds therefor. The second subpoena, received on July 13, 2017, sought information relating to protection of our confidential information and our policies regarding insider trading. We are cooperating with the SEC staff, have begun to deliver information requested in the first subpoena and have delivered all information requested in the second, more limited, subpoena. The Partnership is party to other legal proceedings in the ordinary course of its business but does not expect the outcome of any such proceedings, individually or in the aggregate, to have a material adverse effect on its financial position, results of operations or cash flows. The Partnership carries insurance with coverage and coverage limits that it believes to be customary in the cemetery and funeral home industry. Although there can be no assurance that such insurance will be sufficient to protect the Partnership against all contingencies, management believes that the insurance protection is reasonable in view of the nature and scope of the operations. Other During the first quarter of 2016, the Partnership moved its corporate headquarters to Trevose, Pennsylvania. Due to the relocation, a cease-use expense of $2.4 million , of which $0.5 million was incurred in the first quarter of 2016, was recorded in “Other gains (losses), net” on the unaudited condensed consolidated statement of operations. This charge represents the net recognition of the discounted liability for future rent payments due under the lease on the previous headquarters, net of estimated sublease collections and deferred rent and lease incentives pertaining to the previous corporate office location. In connection with the Partnership’s lease and management agreements with the Archdiocese of Philadelphia, it has committed to pay aggregate fixed rent of $36.0 million in the following amounts: Lease Years 1-5 (May 28, 2014 - May 31, 2019) None Lease Years 6-20 (June 1, 2019 - May 31, 2034) $1,000,000 per Lease Year Lease Years 21-25 (June 1, 2034 - May 31, 2039) $1,200,000 per Lease Year Lease Years 26-35 (June 1, 2039 - May 31, 2049) $1,500,000 per Lease Year Lease Years 36-60 (June 1, 2049 - May 31, 2074) None The fixed rent for lease years 6 through 11 , an aggregate of $6.0 million , is deferred. If, prior to May 31, 2024, the Archdiocese exercises its right in its sole discretion to terminate the agreements during lease year 11 or the Partnership terminates the agreements as a result of a default by the Archdiocese, the Partnership is entitled to retain the deferred fixed rent. If the agreements are not terminated, the deferred fixed rent will become due and payable on or before June 30, 2024.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	10. 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 and customer receivables on its condensed consolidated balance sheets are similar to cash basis 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 Notes 5 and 6). Where quoted prices are available in active markets, securities are classified as Level 1 investments pursuant to the fair value measurement hierarchy. Where quoted market prices are not available for the specific security, fair values are estimated by using either quoted prices of securities with similar characteristics or an income approach fair value model with observable inputs that include a combination of interest rates, yield curves, credit risks, prepayment speeds, rating, and tax-exempt status. These securities are classified as Level 2 investments pursuant to the fair value measurement hierarchy. Certain investments in the merchandise and perpetual care trusts are excluded from the fair value leveling hierarchy in accordance with GAAP. These funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The Partnership’s other financial instruments as of March 31, 2017 and December 31, 2016 consist of its Senior Notes and outstanding borrowings under its revolving credit facility (see Note 7). The estimated fair values of the Partnership’s Senior Notes as of March 31, 2017 and December 31, 2016 were $174.3 million and $168.0 million , respectively, based on trades made on those dates, compared with the carrying amounts of $172.7 million and $172.6 million , respectively. As of March 31, 2017 and December 31, 2016 , the carrying values of outstanding borrowings under the Partnership’s revolving credit facility (see Note 7), which bears interest at variable interest rates with maturities of 90 days or less, approximated their estimated fair values. The Senior Notes and the credit facility are valued using Level 2 inputs.

SUPPLEMENTAL CONDENSED CONSOLID

SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION	11. SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION The Partnership’s Senior Notes are guaranteed by StoneMor Operating LLC and its 100% owned subsidiaries, other than the co-issuer, as described below. The guarantees are full, unconditional, joint and several. The Partnership, or the “Parent”, and its 100% owned subsidiary, Cornerstone Family Services of West Virginia Subsidiary Inc., are the co-issuers of the Senior Notes. The Partnership’s unaudited condensed consolidated financial statements as of March 31, 2017 and December 31, 2016 and for the three months ended March 31, 2017 and 2016 include the accounts of cemeteries owned by other entities but which we operate under long-term lease, operating or management agreements. For the purposes of this note, these entities are deemed non-guarantor subsidiaries, as they are not 100% owned by the Partnership. The Partnership’s unaudited condensed consolidated financial statements also contain merchandise and perpetual care trusts that are also non-guarantor subsidiaries for the purposes of this note. The following unaudited 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 March 31, 2017 and December 31, 2016 and for the three months ended March 31, 2017 and 2016 . For the purpose of the following financial information, the Partnership’s investments in its subsidiaries and the guarantor subsidiaries’ investments in their respective subsidiaries are presented in accordance with the equity method of accounting: CONDENSED CONSOLIDATING BALANCE SHEETS (in thousands) March 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ — $ 10,531 $ 3,192 $ — $ 13,723 Other current assets — 3,325 83,711 17,205 — 104,241 Total current assets — 3,325 94,242 20,397 — 117,964 Long-term accounts receivable — 1,886 83,847 13,146 — 98,879 Cemetery property and equipment — 925 417,124 34,147 — 452,196 Merchandise trusts — — — 523,858 — 523,858 Perpetual care trusts — — — 341,479 — 341,479 Deferred selling and obtaining costs — 5,843 93,754 20,516 — 120,113 Goodwill and intangible assets — — 72,665 62,623 — 135,288 Other assets — — 18,665 2,828 — 21,493 Investments in and amounts due from affiliates eliminated upon consolidation 238,255 159,173 577,374 — (974,802 ) — Total assets $ 238,255 $ 171,152 $ 1,357,671 $ 1,018,994 $ (974,802 ) $ 1,811,270 Liabilities and Equity Current liabilities $ — $ 474 $ 45,455 $ 166 $ — $ 46,095 Long-term debt, net of deferred financing costs 68,108 104,630 130,880 — — 303,618 Deferred revenues — 30,182 764,839 96,335 — 891,356 Perpetual care trust corpus — — — 341,479 — 341,479 Other long-term liabilities — — 47,191 11,384 — 58,575 Due to affiliates — — 172,738 598,250 (770,988 ) — Total liabilities 68,108 135,286 1,161,103 1,047,614 (770,988 ) 1,641,123 Partners' capital 170,147 35,866 196,568 (28,620 ) (203,814 ) 170,147 Total liabilities and partners' capital $ 238,255 $ 171,152 $ 1,357,671 $ 1,018,994 $ (974,802 ) $ 1,811,270 December 31, 2016 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ — $ 9,145 $ 3,425 $ — $ 12,570 Other current assets — 4,567 83,765 17,919 — 106,251 Total current assets — 4,567 92,910 21,344 — 118,821 Long-term accounts receivable — 1,725 83,993 13,168 — 98,886 Cemetery property and equipment — 930 420,077 34,589 — 455,596 Merchandise trusts — — — 507,079 — 507,079 Perpetual care trusts — — — 333,780 — 333,780 Deferred selling and obtaining costs — 5,668 91,252 19,970 — 116,890 Goodwill and intangible assets — — 72,963 62,911 — 135,874 Other assets — — 17,244 2,843 — 20,087 Investments in and amounts due from affiliates eliminated upon consolidation 258,417 182,060 557,455 — (997,932 ) — Total assets $ 258,417 $ 194,950 $ 1,335,894 $ 995,684 $ (997,932 ) $ 1,787,013 Liabilities and Equity Current liabilities $ — $ 320 $ 38,336 $ 237 $ — $ 38,893 Long-term debt, net of deferred financing costs 68,063 104,560 127,728 — — 300,351 Deferred revenues — 30,321 738,184 98,128 — 866,633 Perpetual care trust corpus — — — 333,780 — 333,780 Other long-term liabilities — — 45,802 11,200 — 57,002 Due to affiliates — — 172,623 581,427 (754,050 ) — Total liabilities 68,063 135,201 1,122,673 1,024,772 (754,050 ) 1,596,659 Partners’ capital 190,354 59,749 213,221 (29,088 ) (243,882 ) 190,354 Total liabilities and partners’ capital $ 258,417 $ 194,950 $ 1,335,894 $ 995,684 $ (997,932 ) $ 1,787,013 CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (in thousands) Three Months Ended March 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated Total revenues $ — $ 2,045 $ 68,642 $ 14,942 $ (2,683 ) $ 82,946 Total costs and expenses — (3,404 ) (69,482 ) (13,792 ) 2,683 (83,995 ) Net loss from equity investment in subsidiaries (7,203 ) (8,214 ) — — 15,417 — Interest expense (1,358 ) (2,087 ) (3,036 ) (225 ) — (6,706 ) Net income (loss) before income taxes (8,561 ) (11,660 ) (3,876 ) 925 15,417 (7,755 ) Income tax benefit (expense) — — (806 ) — — (806 ) Net income (loss) $ (8,561 ) $ (11,660 ) $ (4,682 ) $ 925 $ 15,417 $ (8,561 ) Three Months Ended March 31, 2016 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated B B Total revenues $ — $ 1,269 $ 64,346 $ 14,921 $ (2,364 ) $ 78,172 Total costs and expenses — (2,526 ) (65,023 ) (12,448 ) 2,364 (77,633 ) Other income (loss) — — (882 ) — — (882 ) Net loss from equity investment in subsidiaries (5,035 ) (6,252 ) — — 11,287 — Interest expense (1,358 ) (2,087 ) (2,154 ) (191 ) — (5,790 ) Net income (loss) before income taxes (6,393 ) (9,596 ) (3,713 ) 2,282 11,287 (6,133 ) Income tax benefit (expense) — — (260 ) — — (260 ) Net income (loss) $ (6,393 ) $ (9,596 ) $ (3,973 ) $ 2,282 $ 11,287 $ (6,393 ) A. See Note 1 for a summary of those accounting adjustments and the impact on the unaudited condensed consolidated financial statements for the three months ended March 31, 2016. B. The Partnership incorrectly presented the accounts of certain cemeteries owned by other entities but which we operate under long-term lease, operating or management agreements, as guarantor subsidiaries instead of non-guarantor subsidiaries. The adjustments to correctly present these cemeteries as non-guarantor subsidiaries resulted in a $1.0 million increase in non-guarantor revenues and a $0.8 million increase in non-guarantor costs and expenses and corresponding reductions to guarantor revenues and costs and expenses. CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in thousands) Three Months Ended March 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated Net cash provided by (used in) operating activities $ 11,887 $ 11 $ 15,826 $ (41 ) $ (15,332 ) $ 12,351 Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures — (11 ) (1,293 ) (192 ) — (1,496 ) Net cash used in investing activities — (11 ) (1,293 ) (192 ) — (1,496 ) Cash Flows From Financing Activities: Cash distributions (11,887 ) — — — — (11,887 ) Payments to affiliates — — (15,332 ) — 15,332 — Net borrowings and repayments of debt — — 2,928 — — 2,928 Other financing activities — — (743 ) — — (743 ) Net cash provided by (used in) financing activities (11,887 ) — (13,147 ) — 15,332 (9,702 ) Net increase (decrease) in cash and cash equivalents — — 1,386 (233 ) — 1,153 Cash and cash equivalents - Beginning of period — — 9,145 3,425 — 12,570 Cash and cash equivalents - End of period $ — $ — $ 10,531 $ 3,192 $ — $ 13,723 Three Months Ended March 31, 2016 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated B B Net cash provided by (used in) operating activities $ 2,624 $ 5 $ 7,950 $ 724 $ (6,069 ) $ 5,234 Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures, net of proceeds from asset sales — (5 ) (3,774 ) (643 ) — (4,422 ) Net cash used in investing activities — (5 ) (3,774 ) (643 ) — (4,422 ) Cash Flows From Financing Activities: Cash distributions (21,387 ) — — — — (21,387 ) Payments to affiliates — — (6,069 ) — 6,069 — Net borrowings and repayments of debt — — 145 — — 145 Proceeds from issuance of common units 18,763 — — — — 18,763 Net cash provided by (used in) financing activities (2,624 ) — (5,924 ) — 6,069 (2,479 ) Net increase (decrease) in cash and cash equivalents — — (1,748 ) 81 — (1,667 ) Cash and cash equivalents - Beginning of period — — 11,809 3,344 — 15,153 Cash and cash equivalents - End of period $ — $ — $ 10,061 $ 3,425 $ — $ 13,486 A. See Note 1 for a summary of those accounting adjustments and the impact on the unaudited condensed consolidated financial statements for the three months ended March 31, 2016. B. The Partnership incorrectly presented the accounts of certain cemeteries owned by other entities but which we operate under long-term lease, operating or management agreements, as guarantor subsidiaries instead of non-guarantor subsidiaries. The adjustments to correctly present these cemeteries as non-guarantor subsidiaries resulted in a $0.2 million decrease in non-guarantor cash provided by operating activities, with a corresponding increase in guarantor cash provided by operating activities.

ISSUANCES OF LIMITED PARTNER UN

ISSUANCES OF LIMITED PARTNER UNITS	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
ISSUANCES OF LIMITED PARTNER UNITS	12. ISSUANCES OF LIMITED PARTNER UNITS Pursuant to a Common Unit Purchase Agreement, dated May 19, 2014, by and between the Partnership and American Cemeteries Infrastructure Investors, LLC, a Delaware limited liability company (“ACII”), the Partnership issued 78,342 paid-in-kind units to ACII in lieu of cash distributions of $0.7 million during the three months ended March 31, 2017 .

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
SEGMENT INFORMATION	13. SEGMENT INFORMATION The Partnership’s operations include two reportable operating segments, Cemetery Operations and Funeral Home Operations. These operating segments reflect the way the Partnership managed its operations and made business decisions as of March 31, 2017 . Operating segment data for and as of the periods indicated were as follows (in thousands): Three Months Ended March 31, STATEMENT OF OPERATIONS DATA: 2017 2016 (As restated - see Note 1) Cemetery Operations: Revenues $ 65,527 $ 61,823 Operating costs and expenses (56,632 ) (50,513 ) Depreciation and amortization (2,261 ) (1,970 ) Segment income $ 6,634 $ 9,340 Funeral Home Operations: Revenues $ 17,419 $ 16,349 Operating costs and expenses (12,804 ) (13,744 ) Depreciation and amortization (806 ) (877 ) Segment income $ 3,809 $ 1,728 Reconciliation of segment income to net loss: Cemetery Operations $ 6,634 $ 9,340 Funeral Home Operations 3,809 1,728 Total segment income 10,443 11,068 Corporate overhead (11,104 ) (10,311 ) Corporate depreciation and amortization (388 ) (218 ) Other gains (losses), net — (882 ) Interest expense (6,706 ) (5,790 ) Income tax benefit (expense) (806 ) (260 ) Net loss $ (8,561 ) $ (6,393 ) CASH FLOW DATA: Capital expenditures: Cemetery Operations $ 1,309 $ 1,941 Funeral Home Operations 47 451 Corporate 140 2,168 Total capital expenditures $ 1,496 $ 4,560 BALANCE SHEET DATA March 31, 2017 December 31, 2016 Assets: Cemetery Operations $ 1,596,167 $ 1,573,494 Funeral Home Operations 200,127 198,200 Corporate 14,976 15,319 Total assets $ 1,811,270 $ 1,787,013 Goodwill: Cemetery Operations $ 24,862 $ 24,862 Funeral Home Operations 45,574 45,574 Total goodwill $ 70,436 $ 70,436

SUPPLEMENTAL CONDENSED CONSOL19

SUPPLEMENTAL CONDENSED CONSOLIDATED CASH FLOW INFORMATION	3 Months Ended
	Mar. 31, 2017
Supplemental Cash Flow Elements [Abstract]
SUPPLEMENTAL CONDENSED CONSOLIDATED CASH FLOW INFORMATION	14. SUPPLEMENTAL CONDENSED CONSOLIDATED CASH FLOW INFORMATION The tables presented below provide supplemental information to the condensed consolidated statements of cash flows regarding contract origination and maturity activity included in the pertinent captions on the Partnership's condensed consolidated statements of cash flows (in thousands): Three Months Ended March 31, 2017 2016 Pre-need/at-need contract originations (sales on credit) $ (26,911 ) $ (26,220 ) Cash receipts from sales on credit (post-origination) 25,627 22,275 Changes in Accounts receivable, net of allowance $ (1,284 ) $ (3,945 ) Deferrals: Cash receipts from customer deposits at origination, net of refunds $ 37,342 $ 35,950 Withdrawals of realized income from merchandise trusts during the period 3,608 3,130 Pre-need/at-need contract originations (sales on credit) 26,911 26,220 Undistributed merchandise trust investment earnings, net 3,310 3,488 Recognition: Merchandise trust investment income, net withdrawn as of end of period (1,900 ) (2,022 ) Recognized maturities of customer contracts collected as of end of period (46,179 ) (42,079 ) Recognized maturities of customer contracts uncollected as of end of period (10,290 ) (8,976 ) Changes in Deferred revenues $ 12,802 $ 15,711

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	15. SUBSEQUENT EVENTS On April 28, 2017, we announced a quarterly cash distribution of $0.33 per common unit pertaining to the results for the first quarter of 2017. The distribution was paid on May 15, 2017 to common unit holders of record as of the close of business on May 8, 2017 . A part of or all of this quarterly cash distribution may be deemed to be a return of capital for our limited partners if such quarterly cash distribution, when combined with all other cash distributions made during the calendar year, exceeds the partner’s share of taxable income for the corresponding period, depending upon the individual limited partner’s specific tax position. Because the Partnership’s general and limited partner interests have cumulative net losses as of the end of the period, the distribution represented a return of capital to those interests in accordance with US GAAP. On July 26, 2017 , the Borrowers, Capital One, as Administrative Agent and acting in accordance with the written consent of the Required Lenders, entered into the Second Amendment and Limited Waiver. Those parties subsequently entered into a Third Amendment and Limited Waiver effective as of August 15, 2017 and a Fourth Amendment to Credit Agreement dated September 29, 2017. See Note 7 for a discussion of the cumulative effect of these amendments.

GENERAL (Policies)

GENERAL (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
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 March 31, 2017 , the Partnership operated 316 cemeteries in 27 states and Puerto Rico, of which 285 are owned and 31 are operated under lease, management or operating agreements. The Partnership also owned and operated 99 funeral homes, including 45 located on the grounds of cemetery properties that we own, in 18 states and Puerto Rico.
Principles of Consolidation	Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of each of the Partnership’s 100% 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. 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 customer contract related performance obligations that it assumed as part of these agreements.
Basis of Presentation	Basis of Presentation The accompanying condensed consolidated financial statements, which are unaudited except for the balance sheet at December 31, 2016, which is derived from audited financial statements, have been prepared in accordance with the requirements of Form 10-Q and accounting principles generally accepted in the United States (“GAAP”) for interim reporting. They do not include all disclosures normally made in financial statements contained in Form 10-K. In management’s opinion, all adjustments necessary for a fair presentation of the Partnership’s financial position, results of operations and cash flows for the periods disclosed have been made. These interim condensed consolidated financial statements should be read in conjunction with the audited financial statements and the related notes thereto presented in the Partnership’s Annual Report on Form 10-K for the year ended December 31, 2016. The results of operations for the three months ended March 31, 2017 may not necessarily be indicative of the results of operations for the full year ending December 31, 2017 . Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of each of the Partnership’s 100% 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. 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 customer contract related performance obligations that it assumed as part of these agreements. Restatement of Previously Issued Unaudited Condensed Consolidated Financial Statements On September 18, 2017, the Partnership filed its Annual Report on Form 10-K for the year ended December 31, 2016, which amended the Partnership's audited consolidated financial statements as of December 31, 2015, and for each of the two years in the period ended December 31, 2015 and the related notes thereto. This Form 10-Q amends the Partnership’s unaudited condensed consolidated financial statements for the three months ended March 31, 2016 and the related notes thereto, included on Form 10-Q/A filed on November 9, 2016 ("Original Filing"). The Restatement reflects the correction of the following errors identified subsequent to the Original Filing: A. The Partnership understated recognized revenues from the satisfaction of cemetery and funeral home performance obligations in its condensed consolidated statement of operations. The understatement was primarily due to lags in or omissions of the data entry of a contract servicing event. The adjustments to correct these accounting errors resulted in a net increase of $1.2 million in revenues, of which $1.0 million related to merchandise revenues, for the three months ended March 31, 2016. B. In conjunction with the foregoing revenue recognition errors, on its condensed consolidated balance sheet, the Partnership had historically (i) deferred incorrect and imprecise amounts of investment revenues and expenses related to its merchandise trusts, (ii) reserved incorrect amounts for future cancellations related to its cemetery and funeral home performance obligations, and (iii) deferred incorrect amounts of selling costs. The correction of these accounting errors resulted in a net increase in “Cemetery investment and other revenues” of $0.1 million for the three months ended March 31, 2016 due to changes in the inputs used to calculate trust income recognition. This also resulted in a decrease in “Cemetery merchandise revenues” of $0.1 million for the three months ended March 31, 2016 due to an increase in cancellation reserve expense, and an increase in “Selling expense” of $0.2 million for the three months ended March 31, 2016. C. Certain components of “Other current assets” and “Accounts payable and accrued liabilities” on its condensed consolidated balance sheet were determined to be inappropriate in the Partnership’s review of accounting policies during its ongoing remediation. The Partnership had historically presented intercompany deposits due to its merchandise and perpetual care trust funds within “Other current assets” and presented intercompany payables to its merchandise and perpetual care trusts in “Accounts payable and accrued liabilities”. The Partnership has determined the intercompany payables and liabilities to its consolidated trust funds should be eliminated. The correction of the error resulted in a reclassification of $0.4 million in the condensed consolidated statements of cash flows between "Other assets" and "Payables and other liabilities" for the three months ended March 31, 2016. D. Specific to the Partnership’s disclosure in Note 11, Supplemental Condensed Consolidating Financial Information , (“Note 11”) the Partnership recorded incorrect amounts for its individual cemetery and funeral home location-level equity and intercompany balances at its formation and in subsequent acquisitions. Additionally, the Partnership presented certain managed locations as guarantor subsidiaries instead of non-guarantor subsidiaries in Note 11. Note that this error had no impact to amounts presented on the face of the condensed consolidated financial statements. E. The Partnership incorrectly presented the changes in “Accounts receivable, net of allowance” net of the income statement “Provision for cancellations” and omitted certain disclosures regarding the components of the changes in “Accounts receivable, net of allowance” and “Deferred revenues” in its condensed consolidated statement of cash flows. Additionally, specific to the Partnership’s related disclosure in Note 2, Accounts Receivable, Net of Allowance , the Partnership presented activity in the allowance for cancellations that related to deferred revenues on a gross basis instead of on a net basis. The correction of the error resulted in a reclassification of $2.7 million in the condensed consolidated statement of cash flows between "Provision for cancellations" and "Accounts receivable, net of allowance" for the three months ended March 31, 2016. The effect of these adjustments on the Partnership’s condensed consolidated statements of operations and cash flows for the three months ended March 31, 2016 is summarized below for each affected caption (in thousands, except per unit data): CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS Three Months Ended March 31, 2016 Reference As Filed Restatement As Restated Cemetery revenues: Merchandise A, B $ 32,768 $ 922 $ 33,690 Services A 13,463 256 13,719 Investment and other B 14,375 39 14,414 Funeral home revenues: Merchandise A 7,456 26 7,482 Total revenues 76,929 1,243 78,172 Selling expense B 14,576 157 14,733 Funeral home expenses: Services B 6,451 4 6,455 Total costs and expenses 77,472 161 77,633 Net loss (7,475 ) 1,082 (6,393 ) General partner's interest for the period 1,088 13 1,101 Limited partners' interest for the period (8,563 ) 1,069 (7,494 ) Net loss per limited partner unit (basic and diluted) $ (0.26 ) $ 0.03 $ (0.23 ) CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS Three Months Ended March 31, 2016 Reference As Filed Restatement As Restated Net loss $ (7,475 ) $ 1,082 $ (6,393 ) Provision for cancellations E — 2,718 2,718 Changes in assets and liabilities: Accounts receivable, net of allowance E (1,227 ) (2,718 ) (3,945 ) Other assets B, C (2,847 ) 378 (2,469 ) Deferred selling and obtaining costs B (3,379 ) 159 (3,220 ) Deferred revenues A, B 16,952 (1,241 ) 15,711 Payables and other liabilities C 7,689 (378 ) 7,311 Net cash provided by operating activities $ 5,234 $ — $ 5,234 As shown above, the adjustments affecting the condensed consolidated statement of cash flows for the period noted are included in the Partnership’s net loss from operations and offset by changes in operating assets and liabilities. There were no adjustments related to cash provided by (used in) investing and financing activities.
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Refer to Note 1 to the Partnership's audited consolidated financial statements included in Item 8 of its Annual Report on Form 10-K for the year ended December 31, 2016 for the complete summary of significant accounting policies.
Use of Estimates	Use of Estimates The preparation of the Partnership’s unaudited condensed 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 unaudited condensed consolidated financial statements, as well as the reported amounts of revenue and expense during the reporting periods. The Partnership’s unaudited condensed consolidated financial statements are based on a number of significant estimates, including revenue and expense accruals, depreciation and amortization, merchandise trust and perpetual care trust asset valuation, allowance for cancellations, unit-based compensation, deferred revenues, deferred merchandise trust investment earnings, deferred selling and obtaining costs, assets and liabilities obtained through business combinations and income taxes. As a result, actual results could differ from those estimates.
Goodwill	Goodwill Goodwill represents the excess of the purchase price over the fair value of identifiable net assets acquired. Goodwill is not amortized, but instead is subject to impairment testing on an annual basis, and between annual tests whenever events or changes in circumstances indicate that the fair value of a reporting unit may be below its carrying amount.
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 condensed 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. The change in the deferred tax liability during the three months ended March 31, 2017 was caused by an increase in deferred tax liabilities associated with long-lived intangibles that will reverse after the expiration of the existing deferred tax assets.
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 in excess of available cash are not allocated to the incentive distribution rights. 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): Three Months Ended March 31, 2017 2016 (As restated - see above) Net loss $ (8,561 ) $ (6,393 ) Less: Incentive distribution right (“IDR”) payments to general partner — 1,192 Net loss to allocate to general and common limited partners (8,561 ) (7,585 ) Less: General partner’s interest excluding IDRs (89 ) (91 ) Net loss attributable to common limited partners $ (8,472 ) $ (7,494 ) 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. These awards 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. 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): Three Months Ended March 31, 2017 2016 Weighted average number of common limited partner units - basic 37,918 32,539 Add effect of dilutive incentive awards (1) — — Weighted average number of common limited partner units - diluted 37,918 32,539 _____________________________ (1) The diluted weighted average number of limited partners’ units outstanding presented on the condensed consolidated statement of operations does not include 328,914 units and 292,670 units for the three months ended March 31, 2017 and 2016 , respectively, as their effects would be anti-dilutive.
New Accounting Pronouncements	Accounting Standard Updates - Not Yet Effective In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). This ASU supersedes the revenue recognition requirements in FASB ASC 605, Revenue Recognition , and in most industry-specific topics. The new guidance identifies how and when entities should recognize revenue. The new rules establish a core principle requiring the recognition of revenue to depict the transfer of promised goods or services to customers in an amount reflecting the consideration to which the entity expects to be entitled in exchange for such goods or services. In connection with this new standard, the FASB has issued several amendments to ASU 2014-09, as follows: • In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) . This standard improves the implementation guidance on principal versus agent considerations and whether an entity reports revenue on a gross or net basis. • In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing . This standard clarifies identifying performance obligations and the licensing implementation guidance. • In May 2016, the FASB issued ASU 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients . This standard provides additional guidance on (a) the objective of the collectability criterion, (b) the presentation of sales tax collected from customers, (c) the measurement date of non-cash consideration received, (d) practical expedients in respect of contract modifications and completed contracts at transition and (e) disclosure of the effects of the accounting change in the period of adoption. • In December 2016, the FASB issued ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers , which amends certain narrow aspects of the guidance, including the disclosure of remaining performance obligations and prior-period performance obligations, as well as other amendments to the guidance on loan guarantee fees, contract costs, refund liabilities, advertising costs and the clarification of certain examples. • In September 2017, the FASB issued ASU No. 2017-13, Revenue Recognition (Topic 605), Revenue from Contracts with Customers (Topic 606), Leases (Topic 840), and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments , which provides additional clarification and implementation guidance on ASU 2014-09 and is effective consistent with the adoption schedule for ASU 2014-09. The new guidance in ASU 2014-09, as well as all amendments discussed above, is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. The new guidance permits two methods of adoption, full retrospective or modified retrospective and we intend to implement the standard with the modified retrospective approach, which recognizes the cumulative effect of application recognized on that date. Management has developed an implementation plan and is continuing to evaluate the impact that the adoption of this guidance will have on the financial statements of the Partnership. Management is in the midst of assessing the impact of the guidance on our contracts in all our revenue streams by reviewing our current accounting policies and practices to identify potential differences that would result from applying the new requirements to our revenue contracts. Management continues to monitor modifications, clarifications and interpretations issued by the FASB. Part of the implementation plan includes performing a detailed review of contracts and also evaluating the impact, if any, on changes to business processes, systems and controls to support recognition and disclosure under the new guidance. Although the Partnership has not yet fully determined the scope of the impact of the new standard on our consolidated results of operations, financial position, cash flows and financial statement disclosures, management expects that there will be an impact to the financial reporting disclosures and internal control over financial reporting. The Partnership will adopt the requirements of the new standard upon its effective date of January 1, 2018. 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. In the first quarter of 2016, the FASB issued Update No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). The core principle of ASU 2016-02 is that all leases create an asset and a liability for lessees and recognition of those lease assets and lease liabilities represents an improvement over previous GAAP, which did not require lease assets and lease liabilities to be recognized for most leases. The amendment is effective for annual reporting periods beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted. The Partnership plans to adopt the requirements of ASU 2016-02 upon its effective date of January 1, 2019, and is evaluating the potential impact of the adoption on its financial position, results of operations and related disclosures. In the second quarter of 2016, the FASB issued Update No. 2016-13, Credit Losses (Topic 326) (“ASU 2016-13”). The core principle of ASU 2016-13 is that all assets measured at amortized cost basis should be presented at the net amount expected to be collected using historical experience, current conditions and reasonable and supportable forecasts as a basis for credit loss estimates, instead of the probable initial recognition threshold used under current GAAP. The amendment is effective for annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years. Early application is permitted. The Partnership plans to adopt the requirements of ASU 2016-13 upon its effective date of January 1, 2020, and is evaluating the potential impact of the adoption on its financial position, results of operations and related disclosures. In the third quarter of 2016, the FASB issued Update No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). The core principle of ASU 2016-15 is to provide cash flow statement classification guidance. The amendment is effective for annual reporting periods beginning after December 15, 2017, including interim periods within those fiscal years. Early application is permitted. The Partnership plans to adopt the requirements of ASU 2016-15 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. In the fourth quarter of 2016, the FASB issued Update No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (“ASU 2016-18”). The core principle of ASU 2016-18 is to provide guidance on the presentation of restricted cash or restricted cash equivalents in the statement of cash flows. The amendment is effective for annual reporting periods beginning after December 15, 2017, including interim periods within those fiscal years. Early application is permitted. The Partnership plans to adopt the requirements of ASU 2016-18 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. In the first quarter of 2017, the FASB issued Update No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business , which clarifies the definition of a business. The amendments affect all companies and other reporting organizations that must determine whether they have acquired or sold a business. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The amendments are intended to help companies and other organizations evaluate whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments are effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The Partnership is evaluating the potential impact of the adoption on its financial position, results of operations and related disclosures. In the first quarter of 2017, the FASB also issued Update No. 2017-04, Intangibles-Goodwill and Other (Topic 350) (“ASU 2017-04”) to simplify the subsequent measurement of goodwill. ASU 2017-04 eliminates Step 2 from the goodwill impairment test. Instead, impairment is defined as the amount by which the carrying value of the reporting unit exceeds its fair value, up to the total amount of goodwill. The Partnership plans to adopt the requirements of ASU 2017-04 upon its effective date of January 1, 2020, and is evaluating the impact, if any, on its financial position, results of operations and related disclosures.

GENERAL (Tables)

GENERAL (Tables)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Summary of Effect of Restatement Adjustments on Partnership's Consolidated Financial Statements	The effect of these adjustments on the Partnership’s condensed consolidated statements of operations and cash flows for the three months ended March 31, 2016 is summarized below for each affected caption (in thousands, except per unit data): CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS Three Months Ended March 31, 2016 Reference As Filed Restatement As Restated Cemetery revenues: Merchandise A, B $ 32,768 $ 922 $ 33,690 Services A 13,463 256 13,719 Investment and other B 14,375 39 14,414 Funeral home revenues: Merchandise A 7,456 26 7,482 Total revenues 76,929 1,243 78,172 Selling expense B 14,576 157 14,733 Funeral home expenses: Services B 6,451 4 6,455 Total costs and expenses 77,472 161 77,633 Net loss (7,475 ) 1,082 (6,393 ) General partner's interest for the period 1,088 13 1,101 Limited partners' interest for the period (8,563 ) 1,069 (7,494 ) Net loss per limited partner unit (basic and diluted) $ (0.26 ) $ 0.03 $ (0.23 ) CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS Three Months Ended March 31, 2016 Reference As Filed Restatement As Restated Net loss $ (7,475 ) $ 1,082 $ (6,393 ) Provision for cancellations E — 2,718 2,718 Changes in assets and liabilities: Accounts receivable, net of allowance E (1,227 ) (2,718 ) (3,945 ) Other assets B, C (2,847 ) 378 (2,469 ) Deferred selling and obtaining costs B (3,379 ) 159 (3,220 ) Deferred revenues A, B 16,952 (1,241 ) 15,711 Payables and other liabilities C 7,689 (378 ) 7,311 Net cash provided by operating activities $ 5,234 $ — $ 5,234
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): Three Months Ended March 31, 2017 2016 (As restated - see above) Net loss $ (8,561 ) $ (6,393 ) Less: Incentive distribution right (“IDR”) payments to general partner — 1,192 Net loss to allocate to general and common limited partners (8,561 ) (7,585 ) Less: General partner’s interest excluding IDRs (89 ) (91 ) Net loss attributable to common limited partners $ (8,472 ) $ (7,494 )
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): Three Months Ended March 31, 2017 2016 Weighted average number of common limited partner units - basic 37,918 32,539 Add effect of dilutive incentive awards (1) — — Weighted average number of common limited partner units - diluted 37,918 32,539 _____________________________ (1) The diluted weighted average number of limited partners’ units outstanding presented on the condensed consolidated statement of operations does not include 328,914 units and 292,670 units for the three months ended March 31, 2017 and 2016 , respectively, as their effects would be anti-dilutive.

ACCOUNTS RECEIVABLE, NET OF A23

ACCOUNTS RECEIVABLE, NET OF ALLOWANCE (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Accounts Receivable, Net of Allowance	Long-term accounts receivable, net, consisted of the following at the dates indicated (in thousands): March 31, 2017 December 31, 2016 Customer receivables $ 223,113 $ 223,326 Unearned finance income (20,803 ) (21,034 ) Allowance for contract cancellations (27,001 ) (26,153 ) Accounts receivable, net of allowance 175,309 176,139 Less: Current portion, net of allowance 76,430 77,253 Long-term portion, net of allowance $ 98,879 $ 98,886
Activity in Allowance for Contract Cancellations	Activity in the allowance for contract cancellations was as follows (in thousands): Three Months Ended March 31, 2017 2016 (As restated - see Note 1) Balance, beginning of period $ 26,153 $ 23,985 Provision for cancellations 1,828 2,718 Cancellations (980 ) (1,682 ) Balance, end of period $ 27,001 $ 25,021

CEMETERY PROPERTY (Tables)

CEMETERY PROPERTY (Tables)	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Line Items]
Schedule of cemetery property	Property and equipment consisted of the following at the dates indicated (in thousands): March 31, 2017 December 31, 2016 Buildings and improvements $ 126,025 $ 125,442 Furniture and equipment 56,106 56,408 Funeral home land 11,505 11,527 Property and equipment, gross 193,636 193,377 Less: Accumulated depreciation (76,730 ) (75,096 ) Property and equipment, net of accumulated depreciation $ 116,906 $ 118,281
Cemetery property
Property, Plant and Equipment [Line Items]
Schedule of cemetery property	Cemetery property consisted of the following at the dates indicated (in thousands): March 31, 2017 December 31, 2016 Cemetery land $ 256,482 $ 257,914 Mausoleum crypts and lawn crypts 78,808 79,401 Cemetery property $ 335,290 $ 337,315

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consisted of the following at the dates indicated (in thousands): March 31, 2017 December 31, 2016 Buildings and improvements $ 126,025 $ 125,442 Furniture and equipment 56,106 56,408 Funeral home land 11,505 11,527 Property and equipment, gross 193,636 193,377 Less: Accumulated depreciation (76,730 ) (75,096 ) Property and equipment, net of accumulated depreciation $ 116,906 $ 118,281

MERCHANDISE TRUSTS (Tables)

MERCHANDISE TRUSTS (Tables) - Variable Interest Entity, Primary Beneficiary - Merchandise Trusts	3 Months Ended
	Mar. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Reconciliation of Trust Activities	A reconciliation of the Partnership’s merchandise trust activities for the three months ended March 31, 2017 and 2016 is presented below (in thousands): Three Months Ended March 31, 2017 2016 Balance, beginning of period $ 507,079 $ 464,676 Contributions 14,916 13,305 Distributions (16,728 ) (7,797 ) Interest and dividends 6,284 5,773 Capital gain distributions 237 219 Realized gains and losses 1,810 1,270 Taxes (1,675 ) (37 ) Fees (708 ) (383 ) Unrealized change in fair value 12,643 2,982 Balance, end of period $ 523,858 $ 480,008
Cost and Market Value Associated with Assets Held in Trusts	The cost and market value associated with the assets held in the merchandise trusts as of March 31, 2017 and December 31, 2016 were as follows (in thousands): March 31, 2017 Fair Value Cost Gross Gross Fair Short-term investments 1 $ 26,925 $ — $ — $ 26,925 Fixed maturities: U.S. governmental securities 2 172 1 (52 ) 121 Corporate debt securities 2 5,673 306 (303 ) 5,676 Total fixed maturities 5,845 307 (355 ) 5,797 Mutual funds - debt securities 1 229,609 4,845 (133 ) 234,321 Mutual funds - equity securities 1 111,335 11,349 (160 ) 122,524 Other investment funds (1) 75,498 597 (564 ) 75,531 Equity securities 1 35,203 5,047 (289 ) 39,961 Other invested assets 2 10,100 — — 10,100 Total investments $ 494,515 $ 22,145 $ (1,501 ) $ 515,159 West Virginia Trust Receivable 8,699 — — 8,699 Total $ 503,214 $ 22,145 $ (1,501 ) $ 523,858 ______________________________ (1) Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the balance sheet. This asset class is composed of fixed income funds and equity funds, which have redemption periods ranging from 30 to 90 days, and private credit funds, which have lockup periods of five years with two potential one year extensions at the discretion of the funds’ general partners. As of March 31, 2017 , there were $3.7 million in unfunded commitments to the private credit funds, which are callable at any time. December 31, 2016 Fair Value Cost Gross Gross Fair Short-term investments 1 $ 17,317 $ — $ — $ 17,317 Fixed maturities: U.S. governmental securities 2 172 2 (44 ) 130 Corporate debt securities 2 6,311 269 (202 ) 6,378 Total fixed maturities 6,483 271 (246 ) 6,508 Mutual funds - debt securities 1 236,159 1,580 (96 ) 237,643 Mutual funds - equity securities 1 126,215 3,361 (533 ) 129,043 Other investment funds (1) 60,017 603 (387 ) 60,233 Equity securities 1 35,079 3,640 (192 ) 38,527 Other invested assets 2 9,239 — — 9,239 Total investments $ 490,509 $ 9,455 (1,454 ) $ 498,510 West Virginia Trust Receivable 8,569 — — 8,569 Total $ 499,078 $ 9,455 $ (1,454 ) $ 507,079 ______________________________ (1) Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the balance sheet. This asset class is composed of fixed income funds and equity funds, which have redemption periods ranging from 30 to 90 days.
Contractual Maturities of Debt Securities Held in Trusts	The contractual maturities of debt securities as of March 31, 2017 were as follows (in thousands): Less than 1 year 1 year through 5 years 6 years through 10 years More than 10 years U.S. governmental securities $ — $ 56 $ 65 $ — Corporate debt securities 369 4,547 746 14 Total fixed maturities $ 369 $ 4,603 $ 811 $ 14
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 as of March 31, 2017 and December 31, 2016 is presented below (in thousands): Less than 12 months 12 months or more Total March 31, 2017 Fair Value Unrealized Losses Fair Unrealized Fair Unrealized Fixed maturities: U.S. governmental securities $ — $ — $ 102 $ 52 $ 102 $ 52 Corporate debt securities 1,040 116 370 187 1,410 303 Total fixed maturities 1,040 116 472 239 1,512 355 Mutual funds - debt securities 9,529 126 20 7 9,549 133 Mutual funds - equity securities 15,641 127 1,287 33 16,928 160 Other investment funds 33,259 564 — — 33,259 564 Equity securities 3,278 216 429 73 3,707 289 Total $ 62,747 $ 1,149 $ 2,208 $ 352 $ 64,955 $ 1,501 Less than 12 months 12 months or more Total December 31, 2016 Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities: U.S. governmental securities $ — $ — $ 87 $ 44 $ 87 $ 44 Corporate debt securities 556 6 871 196 1,427 202 Total fixed maturities 556 6 958 240 1,514 246 Mutual funds - debt securities 6,040 61 754 35 6,794 96 Mutual funds - equity securities 7,475 357 2,578 176 10,053 533 Other investment funds 37,357 387 — — 37,357 387 Equity securities 1,292 89 413 103 1,705 192 Total $ 52,720 $ 900 $ 4,703 $ 554 $ 57,423 $ 1,454

PERPETUAL CARE TRUSTS (Tables)

PERPETUAL CARE TRUSTS (Tables) - Perpetual care trusts - Variable Interest Entity, Primary Beneficiary	3 Months Ended
	Mar. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Reconciliation of Trust Activities	A reconciliation of the Partnership’s perpetual care trust activities for the three months ended March 31, 2017 and 2016 is presented below (in thousands): Three Months Ended March 31, 2017 2016 Balance, beginning of period $ 333,780 $ 307,804 Contributions 2,115 2,474 Distributions (3,031 ) (3,723 ) Interest and dividends 3,871 4,149 Capital gain distributions 216 81 Realized gains and losses 2,065 74 Taxes (165 ) (97 ) Fees (608 ) (287 ) Unrealized change in fair value 3,236 (268 ) Balance, end of period $ 341,479 $ 310,207
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 as of March 31, 2017 and December 31, 2016 were as follows (in thousands): March 31, 2017 Fair Value Cost Gross Gross Fair Short-term investments 1 $ 9,671 $ — $ — $ 9,671 Fixed maturities: U.S. governmental securities 2 457 5 (27 ) 435 Corporate debt securities 2 6,785 214 (190 ) 6,809 Total fixed maturities 7,242 219 (217 ) 7,244 Mutual funds - debt securities 1 145,648 1,962 (658 ) 146,952 Mutual funds - equity securities 1 17,800 3,296 (21 ) 21,075 Other investment funds (1) 127,371 3,463 (720 ) 130,114 Equity securities 1 24,007 2,782 (451 ) 26,338 Other invested assets 2 85 — — 85 Total investments $ 331,824 $ 11,722 $ (2,067 ) $ 341,479 ______________________________ (1) Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the balance sheet. This asset class is composed of fixed income funds and equity funds, which have a redemption period ranging from 30 to 90 days, and private credit funds, which have lockup periods ranging from five to ten years with three potential one year extensions at the discretion of the funds’ general partners. As of March 31, 2017 , there were $56.2 million in unfunded commitments to the private credit funds, which are callable at any time. December 31, 2016 Fair Value Cost Gross Gross Fair Short-term investments 1 $ 16,113 $ — $ — $ 16,113 Fixed maturities: U.S. governmental securities 2 483 14 (23 ) 474 Corporate debt securities 2 12,598 380 (152 ) 12,826 Total fixed maturities 13,081 394 (175 ) 13,300 Mutual funds - debt securities 1 127,033 1,187 (669 ) 127,551 Mutual funds - equity securities 1 30,708 1,940 (26 ) 32,622 Other investment funds (1) 119,196 2,672 (622 ) 121,246 Equity securities 1 20,978 2,150 (432 ) 22,696 Other invested assets 2 252 — — 252 Total investments $ 327,361 $ 8,343 $ (1,924 ) $ 333,780 ______________________________ (1) Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the balance sheet. This asset class is composed of fixed income funds and equity funds, which have a redemption period ranging from 30 to 90 days, and private credit funds, which have lockup periods ranging from six to ten years with three potential one year extensions at the discretion of the funds’ general partners. As of December 31, 2016 , there were $45.1 million in unfunded commitments to the private credit funds, which are callable at any time.
Contractual Maturities of Debt Securities Held in Trusts	The contractual maturities of debt securities as of March 31, 2017 were as follows (in thousands): Less than 1 year through 6 years through More than U.S. governmental securities $ — $ 226 $ 165 $ 44 Corporate debt securities 633 5,319 783 74 Total fixed maturities $ 633 $ 5,545 $ 948 $ 118
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 perpetual care trusts as of March 31, 2017 and December 31, 2016 is presented below (in thousands): Less than 12 months 12 months or more Total March 31, 2017 Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities: U.S. governmental securities $ — $ — $ 363 $ 27 $ 363 $ 27 Corporate debt securities 960 67 2,388 123 3,348 190 Total fixed maturities 960 67 2,751 150 3,711 217 Mutual funds - debt securities 43,199 631 536 27 43,735 658 Mutual funds - equity securities 1,168 17 113 4 1,281 21 Other investment funds 39,059 720 — — 39,059 720 Equity securities 6,880 438 156 13 7,036 451 Total $ 91,266 $ 1,873 $ 3,556 $ 194 $ 94,822 $ 2,067 Less than 12 months 12 months or more Total December 31, 2016 Fair Unrealized Fair Unrealized Fair Unrealized Fixed maturities: U.S. governmental securities $ — $ — $ 283 $ 23 $ 283 $ 23 Corporate debt securities 747 10 2,980 142 3,727 152 Total fixed maturities 747 10 3,263 165 4,010 175 Mutual funds - debt securities 24,026 620 1,908 49 25,934 669 Mutual funds - equity securities 3,836 16 452 10 4,288 26 Other investment funds 37,577 622 — — 37,577 622 Equity securities 4,532 409 145 23 4,677 432 Total $ 70,718 $ 1,677 $ 5,768 $ 247 $ 76,486 $ 1,924

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Outstanding Debt	Total debt consisted of the following at the dates indicated (in thousands): March 31, 2017 December 31, 2016 Credit facility $ 140,625 $ 137,125 7.875% Senior Notes, due June 2021 172,738 172,623 Notes payable - acquisition debt 453 502 Notes payable - acquisition non-competes 721 928 Insurance and vehicle financing 1,657 1,807 Less deferred financing costs, net of accumulated amortization (10,959 ) (10,859 ) Total debt 305,235 302,126 Less current maturities (1,617 ) (1,775 ) Total long-term debt $ 303,618 $ 300,351
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 2017 103.938% 2018 101.969% 2019 and thereafter 100.000%

DEFERRED REVENUES (Tables)

DEFERRED REVENUES (Tables)	3 Months Ended
	Mar. 31, 2017
Deferred Revenue Disclosure [Abstract]
Deferred Revenues	Deferred revenues and related costs consisted of the following at the dates indicated (in thousands): March 31, 2017 December 31, 2016 Deferred contract revenues $ 788,477 $ 782,120 Deferred merchandise trust revenue 82,235 76,512 Deferred merchandise trust unrealized gains 20,644 8,001 Deferred revenues $ 891,356 $ 866,633 Deferred selling and obtaining costs $ 120,113 $ 116,890

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Fixed Rent for Cemeteries	In connection with the Partnership’s lease and management agreements with the Archdiocese of Philadelphia, it has committed to pay aggregate fixed rent of $36.0 million in the following amounts: Lease Years 1-5 (May 28, 2014 - May 31, 2019) None Lease Years 6-20 (June 1, 2019 - May 31, 2034) $1,000,000 per Lease Year Lease Years 21-25 (June 1, 2034 - May 31, 2039) $1,200,000 per Lease Year Lease Years 26-35 (June 1, 2039 - May 31, 2049) $1,500,000 per Lease Year Lease Years 36-60 (June 1, 2049 - May 31, 2074) None

SUPPLEMENTAL CONDENSED CONSOL31

SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidated Balance Sheets	CONDENSED CONSOLIDATING BALANCE SHEETS (in thousands) March 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ — $ 10,531 $ 3,192 $ — $ 13,723 Other current assets — 3,325 83,711 17,205 — 104,241 Total current assets — 3,325 94,242 20,397 — 117,964 Long-term accounts receivable — 1,886 83,847 13,146 — 98,879 Cemetery property and equipment — 925 417,124 34,147 — 452,196 Merchandise trusts — — — 523,858 — 523,858 Perpetual care trusts — — — 341,479 — 341,479 Deferred selling and obtaining costs — 5,843 93,754 20,516 — 120,113 Goodwill and intangible assets — — 72,665 62,623 — 135,288 Other assets — — 18,665 2,828 — 21,493 Investments in and amounts due from affiliates eliminated upon consolidation 238,255 159,173 577,374 — (974,802 ) — Total assets $ 238,255 $ 171,152 $ 1,357,671 $ 1,018,994 $ (974,802 ) $ 1,811,270 Liabilities and Equity Current liabilities $ — $ 474 $ 45,455 $ 166 $ — $ 46,095 Long-term debt, net of deferred financing costs 68,108 104,630 130,880 — — 303,618 Deferred revenues — 30,182 764,839 96,335 — 891,356 Perpetual care trust corpus — — — 341,479 — 341,479 Other long-term liabilities — — 47,191 11,384 — 58,575 Due to affiliates — — 172,738 598,250 (770,988 ) — Total liabilities 68,108 135,286 1,161,103 1,047,614 (770,988 ) 1,641,123 Partners' capital 170,147 35,866 196,568 (28,620 ) (203,814 ) 170,147 Total liabilities and partners' capital $ 238,255 $ 171,152 $ 1,357,671 $ 1,018,994 $ (974,802 ) $ 1,811,270 December 31, 2016 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ — $ 9,145 $ 3,425 $ — $ 12,570 Other current assets — 4,567 83,765 17,919 — 106,251 Total current assets — 4,567 92,910 21,344 — 118,821 Long-term accounts receivable — 1,725 83,993 13,168 — 98,886 Cemetery property and equipment — 930 420,077 34,589 — 455,596 Merchandise trusts — — — 507,079 — 507,079 Perpetual care trusts — — — 333,780 — 333,780 Deferred selling and obtaining costs — 5,668 91,252 19,970 — 116,890 Goodwill and intangible assets — — 72,963 62,911 — 135,874 Other assets — — 17,244 2,843 — 20,087 Investments in and amounts due from affiliates eliminated upon consolidation 258,417 182,060 557,455 — (997,932 ) — Total assets $ 258,417 $ 194,950 $ 1,335,894 $ 995,684 $ (997,932 ) $ 1,787,013 Liabilities and Equity Current liabilities $ — $ 320 $ 38,336 $ 237 $ — $ 38,893 Long-term debt, net of deferred financing costs 68,063 104,560 127,728 — — 300,351 Deferred revenues — 30,321 738,184 98,128 — 866,633 Perpetual care trust corpus — — — 333,780 — 333,780 Other long-term liabilities — — 45,802 11,200 — 57,002 Due to affiliates — — 172,623 581,427 (754,050 ) — Total liabilities 68,063 135,201 1,122,673 1,024,772 (754,050 ) 1,596,659 Partners’ capital 190,354 59,749 213,221 (29,088 ) (243,882 ) 190,354 Total liabilities and partners’ capital $ 258,417 $ 194,950 $ 1,335,894 $ 995,684 $ (997,932 ) $ 1,787,013
Consolidated Statements of Operations	CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (in thousands) Three Months Ended March 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated Total revenues $ — $ 2,045 $ 68,642 $ 14,942 $ (2,683 ) $ 82,946 Total costs and expenses — (3,404 ) (69,482 ) (13,792 ) 2,683 (83,995 ) Net loss from equity investment in subsidiaries (7,203 ) (8,214 ) — — 15,417 — Interest expense (1,358 ) (2,087 ) (3,036 ) (225 ) — (6,706 ) Net income (loss) before income taxes (8,561 ) (11,660 ) (3,876 ) 925 15,417 (7,755 ) Income tax benefit (expense) — — (806 ) — — (806 ) Net income (loss) $ (8,561 ) $ (11,660 ) $ (4,682 ) $ 925 $ 15,417 $ (8,561 ) Three Months Ended March 31, 2016 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated B B Total revenues $ — $ 1,269 $ 64,346 $ 14,921 $ (2,364 ) $ 78,172 Total costs and expenses — (2,526 ) (65,023 ) (12,448 ) 2,364 (77,633 ) Other income (loss) — — (882 ) — — (882 ) Net loss from equity investment in subsidiaries (5,035 ) (6,252 ) — — 11,287 — Interest expense (1,358 ) (2,087 ) (2,154 ) (191 ) — (5,790 ) Net income (loss) before income taxes (6,393 ) (9,596 ) (3,713 ) 2,282 11,287 (6,133 ) Income tax benefit (expense) — — (260 ) — — (260 ) Net income (loss) $ (6,393 ) $ (9,596 ) $ (3,973 ) $ 2,282 $ 11,287 $ (6,393 )
Consolidated Statement of Cash Flows	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in thousands) Three Months Ended March 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated Net cash provided by (used in) operating activities $ 11,887 $ 11 $ 15,826 $ (41 ) $ (15,332 ) $ 12,351 Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures — (11 ) (1,293 ) (192 ) — (1,496 ) Net cash used in investing activities — (11 ) (1,293 ) (192 ) — (1,496 ) Cash Flows From Financing Activities: Cash distributions (11,887 ) — — — — (11,887 ) Payments to affiliates — — (15,332 ) — 15,332 — Net borrowings and repayments of debt — — 2,928 — — 2,928 Other financing activities — — (743 ) — — (743 ) Net cash provided by (used in) financing activities (11,887 ) — (13,147 ) — 15,332 (9,702 ) Net increase (decrease) in cash and cash equivalents — — 1,386 (233 ) — 1,153 Cash and cash equivalents - Beginning of period — — 9,145 3,425 — 12,570 Cash and cash equivalents - End of period $ — $ — $ 10,531 $ 3,192 $ — $ 13,723 Three Months Ended March 31, 2016 Parent Subsidiary Guarantor Non-Guarantor Eliminations Consolidated B B Net cash provided by (used in) operating activities $ 2,624 $ 5 $ 7,950 $ 724 $ (6,069 ) $ 5,234 Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures, net of proceeds from asset sales — (5 ) (3,774 ) (643 ) — (4,422 ) Net cash used in investing activities — (5 ) (3,774 ) (643 ) — (4,422 ) Cash Flows From Financing Activities: Cash distributions (21,387 ) — — — — (21,387 ) Payments to affiliates — — (6,069 ) — 6,069 — Net borrowings and repayments of debt — — 145 — — 145 Proceeds from issuance of common units 18,763 — — — — 18,763 Net cash provided by (used in) financing activities (2,624 ) — (5,924 ) — 6,069 (2,479 ) Net increase (decrease) in cash and cash equivalents — — (1,748 ) 81 — (1,667 ) Cash and cash equivalents - Beginning of period — — 11,809 3,344 — 15,153 Cash and cash equivalents - End of period $ — $ — $ 10,061 $ 3,425 $ — $ 13,486 A. See Note 1 for a summary of those accounting adjustments and the impact on the unaudited condensed consolidated financial statements for the three months ended March 31, 2016. B. The Partnership incorrectly presented the accounts of certain cemeteries owned by other entities but which we operate under long-term lease, operating or management agreements, as guarantor subsidiaries instead of non-guarantor subsidiaries. The adjustments to correctly present these cemeteries as non-guarantor subsidiaries resulted in a $0.2 million decrease in non-guarantor cash provided by operating activities, with a corresponding increase in guarantor cash provided by operating activities.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Segment Information	Operating segment data for and as of the periods indicated were as follows (in thousands): Three Months Ended March 31, STATEMENT OF OPERATIONS DATA: 2017 2016 (As restated - see Note 1) Cemetery Operations: Revenues $ 65,527 $ 61,823 Operating costs and expenses (56,632 ) (50,513 ) Depreciation and amortization (2,261 ) (1,970 ) Segment income $ 6,634 $ 9,340 Funeral Home Operations: Revenues $ 17,419 $ 16,349 Operating costs and expenses (12,804 ) (13,744 ) Depreciation and amortization (806 ) (877 ) Segment income $ 3,809 $ 1,728 Reconciliation of segment income to net loss: Cemetery Operations $ 6,634 $ 9,340 Funeral Home Operations 3,809 1,728 Total segment income 10,443 11,068 Corporate overhead (11,104 ) (10,311 ) Corporate depreciation and amortization (388 ) (218 ) Other gains (losses), net — (882 ) Interest expense (6,706 ) (5,790 ) Income tax benefit (expense) (806 ) (260 ) Net loss $ (8,561 ) $ (6,393 ) CASH FLOW DATA: Capital expenditures: Cemetery Operations $ 1,309 $ 1,941 Funeral Home Operations 47 451 Corporate 140 2,168 Total capital expenditures $ 1,496 $ 4,560 BALANCE SHEET DATA March 31, 2017 December 31, 2016 Assets: Cemetery Operations $ 1,596,167 $ 1,573,494 Funeral Home Operations 200,127 198,200 Corporate 14,976 15,319 Total assets $ 1,811,270 $ 1,787,013 Goodwill: Cemetery Operations $ 24,862 $ 24,862 Funeral Home Operations 45,574 45,574 Total goodwill $ 70,436 $ 70,436

SUPPLEMENTAL CONDENSED CONSOL33

SUPPLEMENTAL CONDENSED CONSOLIDATED CASH FLOW INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2017
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	The tables presented below provide supplemental information to the condensed consolidated statements of cash flows regarding contract origination and maturity activity included in the pertinent captions on the Partnership's condensed consolidated statements of cash flows (in thousands): Three Months Ended March 31, 2017 2016 Pre-need/at-need contract originations (sales on credit) $ (26,911 ) $ (26,220 ) Cash receipts from sales on credit (post-origination) 25,627 22,275 Changes in Accounts receivable, net of allowance $ (1,284 ) $ (3,945 ) Deferrals: Cash receipts from customer deposits at origination, net of refunds $ 37,342 $ 35,950 Withdrawals of realized income from merchandise trusts during the period 3,608 3,130 Pre-need/at-need contract originations (sales on credit) 26,911 26,220 Undistributed merchandise trust investment earnings, net 3,310 3,488 Recognition: Merchandise trust investment income, net withdrawn as of end of period (1,900 ) (2,022 ) Recognized maturities of customer contracts collected as of end of period (46,179 ) (42,079 ) Recognized maturities of customer contracts uncollected as of end of period (10,290 ) (8,976 ) Changes in Deferred revenues $ 12,802 $ 15,711

GENERAL - Additional Informatio

GENERAL - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017USD ($)StateProperty	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Revenues	$ 82,946,000	$ 78,172,000
Selling expense	16,459,000	14,733,000
Other assets	809,000	2,469,000
Provision for cancellations	1,828,000	2,718,000
Goodwill impairment	0
Goodwill	70,436,000		$ 70,436,000
Cemetery
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Revenues	65,527,000	61,823,000
Merchandise revenue	38,003,000	33,690,000
Investment and other	12,575,000	14,414,000
Goodwill	$ 24,862,000		24,862,000
Cemetery | Wholly Owned Properties
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	45
Cemetery | Consolidated Properties | Cemetery property
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	16
Cemetery | Unconsolidated Properties
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	15
Cemetery | US and Puerto Rico
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	316
Number of states | State	27
Cemetery | US and Puerto Rico | Wholly Owned Properties
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	285
Cemetery | US and Puerto Rico | Managed Properties
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	31
Funeral Home
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Revenues	$ 17,419,000	16,349,000
Merchandise revenue	7,836,000	7,482,000
Goodwill	$ 45,574,000		$ 45,574,000
Funeral Home | US and Puerto Rico
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Number of operating locations | Property	99
Number of states | State	18
Restatement Adjustments
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Revenues		1,243,000
Merchandise revenue		1,000,000
Selling expense		157,000
Other assets		(378,000)
Provision for cancellations		2,718,000
Restatement Adjustments | Cemetery
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Merchandise revenue		922,000
Investment and other		39,000
Restatement Adjustments | Funeral Home
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Merchandise revenue		26,000
Adjustment due to changes in inputs used to calculate trust income recognition | Restatement Adjustments | Cemetery
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Investment and other		100,000
Adjustment due to increase in cancellation reserve expense | Restatement Adjustments | Cemetery
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Investment and other		$ (100,000)
Revolving Credit Facility
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Credit facility available borrowing capacity	$ 12,800,000

GENERAL - Restatement Adjustmen

GENERAL - Restatement Adjustments on Operations (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total revenues	$ 82,946	$ 78,172
Selling expense	16,459	14,733
Total costs and expenses	83,995	77,633
Net loss	(8,561)	(6,393)
General partner's interest for the period	(89)	1,101
Limited partners' interest for the period	$ (8,472)	$ (7,494)
Net loss per limited partner unit (basic and diluted) (in USD per unit)	$ (0.22)	$ (0.23)
Cemetery
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Merchandise	$ 38,003	$ 33,690
Services	14,949	13,719
Investment and other	12,575	14,414
Total revenues	65,527	61,823
Funeral Home
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Merchandise	7,836	7,482
Services	9,583	8,867
Total revenues	17,419	16,349
Services expense	$ 5,699	6,455
As Filed
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total revenues		76,929
Selling expense		14,576
Total costs and expenses		77,472
Net loss		(7,475)
General partner's interest for the period		1,088
Limited partners' interest for the period		$ (8,563)
Net loss per limited partner unit (basic and diluted) (in USD per unit)		$ (0.26)
As Filed | Cemetery
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Merchandise		$ 32,768
Services		13,463
Investment and other		14,375
As Filed | Funeral Home
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Merchandise		7,456
Services expense		6,451
Restatement Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Merchandise		1,000
Total revenues		1,243
Selling expense		157
Total costs and expenses		161
Net loss		1,082
General partner's interest for the period		13
Limited partners' interest for the period		$ 1,069
Net loss per limited partner unit (basic and diluted) (in USD per unit)		$ 0.03
Restatement Adjustments | Cemetery
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Merchandise		$ 922
Services		256
Investment and other		39
Restatement Adjustments | Funeral Home
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Merchandise		26
Services expense		$ 4

GENERAL - Restatement Adjustm36

GENERAL - Restatement Adjustments on Cash Flows (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss	$ (8,561)	$ (6,393)
Provision for cancellations	1,828	2,718
Changes in assets and liabilities:
Accounts receivable, net of allowance	(1,284)	(3,945)
Other assets	(809)	(2,469)
Deferred selling and obtaining costs	(3,223)	(3,220)
Deferred revenues	12,802	15,711
Payables and other liabilities	6,198	7,311
Net cash provided by operating activities	$ 12,351	5,234
As Filed
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(7,475)
Provision for cancellations		0
Changes in assets and liabilities:
Accounts receivable, net of allowance		(1,227)
Other assets		(2,847)
Deferred selling and obtaining costs		(3,379)
Deferred revenues		16,952
Payables and other liabilities		7,689
Net cash provided by operating activities		5,234
Restatement Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		1,082
Provision for cancellations		2,718
Changes in assets and liabilities:
Accounts receivable, net of allowance		(2,718)
Other assets		378
Deferred selling and obtaining costs		159
Deferred revenues		(1,241)
Payables and other liabilities		(378)
Net cash provided by operating activities		$ 0

GENERAL - Reconciliation of Net

GENERAL - Reconciliation of Net Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ (8,561)	$ (6,393)
Less: Incentive distribution right (“IDR”) payments to general partner	0	1,192
Net loss to allocate to general and common limited partners	(8,561)	(7,585)
Less: General partner’s interest excluding IDRs	(89)	(91)
Limited partners' interest	$ (8,472)	$ (7,494)

GENERAL - Reconciliation of Par

GENERAL - Reconciliation of Partnership's Weighted Average Number of Common Limited Partner Units (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Weighted average number of common limited partner units - basic	$ 37,918	$ 32,539
Add effect of dilutive incentive awards	0	0
Weighted average number of common limited partner units - diluted	$ 37,918	$ 32,539
Units excluded from the calculation of diluted weighted average number of limited partners' units, because of their anti-dilutive effect	328,914	292,670

ACCOUNTS RECEIVABLE, NET OF A39

ACCOUNTS RECEIVABLE, NET OF ALLOWANCE - Schedule of Accounts Receivable, Net of Allowance (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Receivables [Abstract]
Customer receivables	$ 223,113	$ 223,326
Unearned finance income	(20,803)	(21,034)
Allowance for contract cancellations	(27,001)	(26,153)
Accounts receivable, net of allowance	175,309	176,139
Less: Current portion, net of allowance	76,430	77,253
Long-term portion, net of allowance	$ 98,879	$ 98,886

ACCOUNTS RECEIVABLE, NET OF A40

ACCOUNTS RECEIVABLE, NET OF ALLOWANCE - Activity in Allowance for Contract Cancellations (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance, beginning of period	$ 26,153
Balance, end of period	27,001
Contract Cancellations
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance, beginning of period	26,153	$ 23,985
Provision for cancellations	1,828	2,718
Cancellations	(980)	(1,682)
Balance, end of period	27,001	$ 25,021
Deferred revenue	$ 18,500		$ 17,400

CEMETERY PROPERTY (Detail)

CEMETERY PROPERTY (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Cemetery property	$ 335,290	$ 337,315
Cemetery land
Property, Plant and Equipment [Line Items]
Cemetery property	256,482	257,914
Mausoleum crypts and lawn crypts
Property, Plant and Equipment [Line Items]
Cemetery property	$ 78,808	$ 79,401

PROPERTY AND EQUIPMENT (Detail)

PROPERTY AND EQUIPMENT (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 193,636		$ 193,377
Less: Accumulated depreciation	(76,730)		(75,096)
Property and equipment, net of accumulated depreciation	116,906		118,281
Depreciation expense	2,900	$ 2,500
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	126,025		125,442
Furniture and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	56,106		56,408
Funeral home land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 11,505		$ 11,527

MERCHANDISE TRUSTS - Additiona

MERCHANDISE TRUSTS - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
West Virginia Trust Receivable
Schedule of Available-for-sale Securities [Line Items]
Trust assets, fair value	$ 8,700		$ 8,600
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts
Schedule of Available-for-sale Securities [Line Items]
Trust assets, fair value	523,858		507,079
Purchases of available for sale securities	22,100	$ 6,400
Sales, maturities and paydowns of available for sale securities	27,100	$ 12,600
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | West Virginia Trust Receivable
Schedule of Available-for-sale Securities [Line Items]
Trust assets, fair value	$ 8,699		$ 8,569

MERCHANDISE TRUSTS - Reconcilia

MERCHANDISE TRUSTS - Reconciliation of Merchandise Trust Activities (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Balance, beginning of period	$ 507,079
Balance, end of period	523,858
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts
Schedule of Available-for-sale Securities [Line Items]
Balance, beginning of period	507,079	$ 464,676
Contributions	14,916	13,305
Distributions	(16,728)	(7,797)
Interest and dividends	6,284	5,773
Capital gain distributions	237	219
Realized gains and losses	1,810	1,270
Taxes	(1,675)	(37)
Fees	(708)	(383)
Unrealized change in fair value	12,643	2,982
Balance, end of period	$ 523,858	$ 480,008

MERCHANDISE TRUSTS - Cost and M

MERCHANDISE TRUSTS - Cost and Market Value Associated with Assets Held in Merchandise Trusts (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)Extension	Dec. 31, 2016USD ($)
West Virginia Trust Receivable
Schedule of Available-for-sale Securities [Line Items]
Fair Value	$ 8,700	$ 8,600
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts
Schedule of Available-for-sale Securities [Line Items]
Cost	503,214	499,078
Gross Unrealized Gains	22,145	9,455
Gross Unrealized Losses	(1,501)	(1,454)
Fair Value	$ 523,858	507,079
Private credit funds, lockup periods	5 years
Number of potential lockup period extensions | Extension	2
Lockup extension period	1 year
Unfunded commitments to private credit funds, callable at any time	$ 3,700
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Minimum
Schedule of Available-for-sale Securities [Line Items]
Fixed income funds and equity funds, redemption period	30 days
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Maximum
Schedule of Available-for-sale Securities [Line Items]
Fixed income funds and equity funds, redemption period	90 days
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Short-term investments | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	$ 26,925	17,317
Fair Value	26,925	17,317
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Fixed maturities
Schedule of Available-for-sale Securities [Line Items]
Cost	5,845	6,483
Gross Unrealized Gains	307	271
Gross Unrealized Losses	(355)	(246)
Fair Value	5,797	6,508
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Fixed maturities | U.S. governmental securities | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	172	172
Gross Unrealized Gains	1	2
Gross Unrealized Losses	(52)	(44)
Fair Value	121	130
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Fixed maturities | Corporate debt securities | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	5,673	6,311
Gross Unrealized Gains	306	269
Gross Unrealized Losses	(303)	(202)
Fair Value	5,676	6,378
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Mutual funds - debt securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	229,609	236,159
Gross Unrealized Gains	4,845	1,580
Gross Unrealized Losses	(133)	(96)
Fair Value	234,321	237,643
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Mutual funds - equity securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	111,335	126,215
Gross Unrealized Gains	11,349	3,361
Gross Unrealized Losses	(160)	(533)
Fair Value	122,524	129,043
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Other investment funds
Schedule of Available-for-sale Securities [Line Items]
Cost	75,498	60,017
Gross Unrealized Gains	597	603
Gross Unrealized Losses	(564)	(387)
Fair Value	75,531	60,233
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Equity securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	35,203	35,079
Gross Unrealized Gains	5,047	3,640
Gross Unrealized Losses	(289)	(192)
Fair Value	39,961	38,527
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Other invested assets | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	10,100
Fair Value	10,100
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Total investments
Schedule of Available-for-sale Securities [Line Items]
Cost	494,515	490,509
Gross Unrealized Gains	22,145	9,455
Gross Unrealized Losses	(1,501)	(1,454)
Fair Value	515,159	498,510
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | Total investments | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost		9,239
Fair Value		9,239
Variable Interest Entity, Primary Beneficiary | Merchandise Trusts | West Virginia Trust Receivable
Schedule of Available-for-sale Securities [Line Items]
Cost	8,699	8,569
Fair Value	$ 8,699	$ 8,569

MERCHANDISE TRUSTS - Contractua

MERCHANDISE TRUSTS - Contractual Maturities of Debt Securities Held in Merchandise Trusts (Detail) - Variable Interest Entity, Primary Beneficiary - Fixed maturities $ in Thousands	Mar. 31, 2017USD ($)
Perpetual care trusts
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	$ 633
1 year through 5 years	5,545
6 years through 10 years	948
More than 10 years	118
Perpetual care trusts | U.S. governmental securities
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	0
1 year through 5 years	226
6 years through 10 years	165
More than 10 years	44
Perpetual care trusts | Corporate debt securities
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	633
1 year through 5 years	5,319
6 years through 10 years	783
More than 10 years	74
Merchandise Trusts
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	369
1 year through 5 years	4,603
6 years through 10 years	811
More than 10 years	14
Merchandise Trusts | U.S. governmental securities
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	0
1 year through 5 years	56
6 years through 10 years	65
More than 10 years	0
Merchandise Trusts | Corporate debt securities
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	369
1 year through 5 years	4,547
6 years through 10 years	746
More than 10 years	$ 14

MERCHANDISE TRUSTS - Aging of U

MERCHANDISE TRUSTS - 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	Mar. 31, 2017	Dec. 31, 2016
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	$ 62,747	$ 52,720
12 Months or more Fair Value	2,208	4,703
Total Fair Value	64,955	57,423
Less than 12 months Unrealized Losses	1,149	900
12 Months or more Unrealized Losses	352	554
Total Unrealized Losses	1,501	1,454
Fixed maturities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	1,040	556
12 Months or more Fair Value	472	958
Total Fair Value	1,512	1,514
Less than 12 months Unrealized Losses	116	6
12 Months or more Unrealized Losses	239	240
Total Unrealized Losses	355	246
Fixed maturities | U.S. governmental securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	0	0
12 Months or more Fair Value	102	87
Total Fair Value	102	87
Less than 12 months Unrealized Losses	0	0
12 Months or more Unrealized Losses	52	44
Total Unrealized Losses	52	44
Fixed maturities | Corporate debt securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	1,040	556
12 Months or more Fair Value	370	871
Total Fair Value	1,410	1,427
Less than 12 months Unrealized Losses	116	6
12 Months or more Unrealized Losses	187	196
Total Unrealized Losses	303	202
Mutual funds - debt securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	9,529	6,040
12 Months or more Fair Value	20	754
Total Fair Value	9,549	6,794
Less than 12 months Unrealized Losses	126	61
12 Months or more Unrealized Losses	7	35
Total Unrealized Losses	133	96
Mutual funds - equity securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	15,641	7,475
12 Months or more Fair Value	1,287	2,578
Total Fair Value	16,928	10,053
Less than 12 months Unrealized Losses	127	357
12 Months or more Unrealized Losses	33	176
Total Unrealized Losses	160	533
Other investment funds
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	33,259	37,357
12 Months or more Fair Value	0	0
Total Fair Value	33,259	37,357
Less than 12 months Unrealized Losses	564	387
12 Months or more Unrealized Losses	0	0
Total Unrealized Losses	564	387
Equity securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	3,278	1,292
12 Months or more Fair Value	429	413
Total Fair Value	3,707	1,705
Less than 12 months Unrealized Losses	216	89
12 Months or more Unrealized Losses	73	103
Total Unrealized Losses	$ 289	$ 192

PERPETUAL CARE TRUSTS - Reconci

PERPETUAL CARE TRUSTS - Reconciliation of Perpetual Care Trust Activities (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Balance, beginning of period	$ 333,780
Balance, end of period	341,479
Variable Interest Entity, Primary Beneficiary | Perpetual care trusts
Schedule of Available-for-sale Securities [Line Items]
Balance, beginning of period	333,780	$ 307,804
Contributions	2,115	2,474
Distributions	(3,031)	(3,723)
Interest and dividends	3,871	4,149
Capital gain distributions	216	81
Realized gains and losses	2,065	74
Taxes	(165)	(97)
Fees	(608)	(287)
Unrealized change in fair value	3,236	(268)
Balance, end of period	$ 341,479	$ 310,207

PERPETUAL CARE TRUSTS - Additio

PERPETUAL CARE TRUSTS - Additional Information (Detail) - Variable Interest Entity, Primary Beneficiary - Perpetual care trusts - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Purchases of available for sale securities	$ 69,500,000	$ 5,500,000
Sales, maturities and paydowns of available for sale securities	$ 64,100,000	300,000
Other Than Temporarily Impaired Securities
Schedule of Available-for-sale Securities [Line Items]
Other than temporary impairments loss		$ 0

PERPETUAL CARE TRUSTS - Cost an

PERPETUAL CARE TRUSTS - Cost and Market Value Associated with Assets Held in Perpetual Care Trusts (Detail) - Variable Interest Entity, Primary Beneficiary - Perpetual care trusts $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017USD ($)Extension	Dec. 31, 2016USD ($)Extension
Schedule of Available-for-sale Securities [Line Items]
Number of potential lockup period extensions | Extension	3	3
Lockup extension period	1 year	1 year
Unfunded commitments to private credit funds, callable at any time	$ 56,200	$ 45,100
Short-term investments | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	9,671	16,113
Fair Value	9,671	16,113
Fixed maturities
Schedule of Available-for-sale Securities [Line Items]
Cost	7,242	13,081
Gross Unrealized Gains	219	394
Gross Unrealized Losses	(217)	(175)
Fair Value	7,244	13,300
Fixed maturities | U.S. governmental securities | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	457	483
Gross Unrealized Gains	5	14
Gross Unrealized Losses	(27)	(23)
Fair Value	435	474
Fixed maturities | Corporate debt securities | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	6,785	12,598
Gross Unrealized Gains	214	380
Gross Unrealized Losses	(190)	(152)
Fair Value	6,809	12,826
Mutual funds - debt securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	145,648	127,033
Gross Unrealized Gains	1,962	1,187
Gross Unrealized Losses	(658)	(669)
Fair Value	146,952	127,551
Mutual funds - equity securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	17,800	30,708
Gross Unrealized Gains	3,296	1,940
Gross Unrealized Losses	(21)	(26)
Fair Value	21,075	32,622
Other investment funds
Schedule of Available-for-sale Securities [Line Items]
Cost	127,371	119,196
Gross Unrealized Gains	3,463	2,672
Gross Unrealized Losses	(720)	(622)
Fair Value	130,114	121,246
Equity securities | Level 1
Schedule of Available-for-sale Securities [Line Items]
Cost	24,007	20,978
Gross Unrealized Gains	2,782	2,150
Gross Unrealized Losses	(451)	(432)
Fair Value	26,338	22,696
Other invested assets | Level 2
Schedule of Available-for-sale Securities [Line Items]
Cost	85	252
Fair Value	85	252
Total investments
Schedule of Available-for-sale Securities [Line Items]
Cost	331,824	327,361
Gross Unrealized Gains	11,722	8,343
Gross Unrealized Losses	(2,067)	(1,924)
Fair Value	$ 341,479	$ 333,780
Minimum
Schedule of Available-for-sale Securities [Line Items]
Fixed income funds and equity funds, redemption period	30 days	30 days
Private credit funds, lockup periods	5 years	6 years
Maximum
Schedule of Available-for-sale Securities [Line Items]
Fixed income funds and equity funds, redemption period	90 days	90 days
Private credit funds, lockup periods	10 years	10 years

PERPETUAL CARE TRUSTS - Contrac

PERPETUAL CARE TRUSTS - Contractual Maturities of Debt Securities Held in Perpetual Care Trusts (Detail) - Variable Interest Entity, Primary Beneficiary - Perpetual care trusts - Fixed maturities $ in Thousands	Mar. 31, 2017USD ($)
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	$ 633
1 year through 5 years	5,545
6 years through 10 years	948
More than 10 years	118
U.S. governmental securities
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	0
1 year through 5 years	226
6 years through 10 years	165
More than 10 years	44
Corporate debt securities
Investments Classified by Contractual Maturity Date [Line Items]
Less than 1 year	633
1 year through 5 years	5,319
6 years through 10 years	783
More than 10 years	$ 74

PERPETUAL CARE TRUSTS - Aging o

PERPETUAL CARE TRUSTS - 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	Mar. 31, 2017	Dec. 31, 2016
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	$ 91,266	$ 70,718
Less than 12 months Unrealized Losses	1,873	1,677
12 Months or more Fair Value	3,556	5,768
12 Months or more Unrealized Losses	194	247
Total Fair Value	94,822	76,486
Total Unrealized Losses	2,067	1,924
Fixed maturities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	960	747
Less than 12 months Unrealized Losses	67	10
12 Months or more Fair Value	2,751	3,263
12 Months or more Unrealized Losses	150	165
Total Fair Value	3,711	4,010
Total Unrealized Losses	217	175
Fixed maturities | U.S. governmental securities
Investments, Unrealized Loss Position [Line Items]
12 Months or more Fair Value	363	283
12 Months or more Unrealized Losses	27	23
Total Fair Value	363	283
Total Unrealized Losses	27	23
Fixed maturities | Corporate debt securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	960	747
Less than 12 months Unrealized Losses	67	10
12 Months or more Fair Value	2,388	2,980
12 Months or more Unrealized Losses	123	142
Total Fair Value	3,348	3,727
Total Unrealized Losses	190	152
Mutual funds - debt securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	43,199	24,026
Less than 12 months Unrealized Losses	631	620
12 Months or more Fair Value	536	1,908
12 Months or more Unrealized Losses	27	49
Total Fair Value	43,735	25,934
Total Unrealized Losses	658	669
Mutual funds - equity securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	1,168	3,836
Less than 12 months Unrealized Losses	17	16
12 Months or more Fair Value	113	452
12 Months or more Unrealized Losses	4	10
Total Fair Value	1,281	4,288
Total Unrealized Losses	21	26
Other investment funds
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	39,059	37,577
Less than 12 months Unrealized Losses	720	622
12 Months or more Fair Value	0	0
12 Months or more Unrealized Losses	0	0
Total Fair Value	39,059	37,577
Total Unrealized Losses	720	622
Equity securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 months Fair Value	6,880	4,532
Less than 12 months Unrealized Losses	438	409
12 Months or more Fair Value	156	145
12 Months or more Unrealized Losses	13	23
Total Fair Value	7,036	4,677
Total Unrealized Losses	$ 451	$ 432

LONG-TERM DEBT - Outstanding De

LONG-TERM DEBT - Outstanding Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Less deferred financing costs, net of accumulated amortization	$ (10,959)	$ (10,859)
Total debt	305,235	302,126
Less current maturities	(1,617)	(1,775)
Total long-term debt	303,618	300,351
Credit facility
Debt Instrument [Line Items]
Long-term debt, gross	140,625	137,125
Senior Notes | 7.875% notes, due 2021
Debt Instrument [Line Items]
Long-term debt, gross	172,738	172,623
Notes Payable, other Payables | Acquisitions Debt
Debt Instrument [Line Items]
Long-term debt, gross	453	502
Notes Payable, other Payables | Acquisition non-competes
Debt Instrument [Line Items]
Long-term debt, gross	721	928
Insurance and vehicle financing
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,657	$ 1,807

LONG-TERM DEBT - Additional Inf

LONG-TERM DEBT - Additional Information (Detail)

Jan. 01, 2019

Sep. 29, 2017USD ($)Quarter

Aug. 04, 2016USD ($)

May 31, 2013USD ($)

May 28, 2013USD ($)

Sep. 30, 2017

Dec. 31, 2018USD ($)

Sep. 30, 2018USD ($)

Jun. 30, 2018USD ($)

Mar. 31, 2018USD ($)

Dec. 31, 2017USD ($)

Sep. 30, 2017USD ($)

Jun. 30, 2017USD ($)

Mar. 31, 2017USD ($)Quarter

Dec. 31, 2018

Dec. 31, 2016USD ($)

Debt Disclosure [Line Items]

Ownership percentage

100.00%

Debt covenant, consolidated debt service coverage ratio

2.50

Consolidated leverage ratio

409.00%

Consolidated debt service coverage ratio

351.00%

7.875% senior notes, due 2021

Debt Disclosure [Line Items]

Purchase price as percentage of principal plus accrued and unpaid interest, Upon occurrence of change of control

101.00%

Revolving Credit Facility

Debt Disclosure [Line Items]

Credit facility available borrowing capacity

$ 12,800,000

7.875% notes, due 2021 | Senior Notes

Debt Disclosure [Line Items]

Debt premium percentage

7.875%

Long-term debt, principal amount

$ 175,000,000

Long-term debt, interest rate

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%

Credit Agreement

Debt Disclosure [Line Items]

Line of credit outstanding amount

$ 140,600,000

Credit Agreement | Credit facility

Debt Disclosure [Line Items]

Weighted average interest rate on outstanding borrowings

4.90%

Debt covenant, number of consecutive quarters for calculating consolidated leverage ratio | Quarter

4

Debt covenant, consolidated leverage ratio

4

Credit Agreement | Revolving Credit Facility

Debt Disclosure [Line Items]

Credit facility, maximum borrowing capacity

$ 210,000,000

Credit Agreement | Letter of Credit

Debt Disclosure [Line Items]

Credit facility, maximum borrowing capacity

15,000,000

Line of credit outstanding amount

$ 8,100,000

$ 6,800,000

Credit Agreement | Base Rate | Credit facility

Debt Disclosure [Line Items]

Credit facility, basis spread on variable rate

2.75%

Credit Agreement | Eurodollar | Credit facility

Debt Disclosure [Line Items]

Credit facility, basis spread on variable rate

3.75%

Credit Agreement | Minimum | Credit facility

Debt Disclosure [Line Items]

Debt covenant, consolidated leverage ratio

3.75

Credit Agreement | Minimum | Revolving Credit Facility

Debt Disclosure [Line Items]

Line of credit, additional borrowing capacity

5,000,000

Credit Agreement | Minimum | Base Rate | Credit facility

Debt Disclosure [Line Items]

Credit facility, basis spread on variable rate

0.75%

Credit Agreement | Minimum | Eurodollar | Credit facility

Debt Disclosure [Line Items]

Credit facility, basis spread on variable rate

1.75%

Credit Agreement | Maximum | Credit facility

Debt Disclosure [Line Items]

Debt covenant, consolidated leverage ratio

4.25

Credit Agreement | Maximum | Revolving Credit Facility

Debt Disclosure [Line Items]

Line of credit, additional borrowing capacity

$ 100,000,000

Credit Agreement | Maximum | Base Rate | Credit facility

Debt Disclosure [Line Items]

Credit facility, basis spread on variable rate

2.75%

Credit Agreement | Maximum | Eurodollar | Credit facility

Debt Disclosure [Line Items]

Credit facility, basis spread on variable rate

3.75%

Subsequent Event | Fourth amendment to credit agreement

Debt Disclosure [Line Items]

Debt covenant, number of consecutive quarters for calculating consolidated leverage ratio | Quarter

4

Debt covenant, consolidated leverage ratio

4

Maximum add back of extraordinary, unusual or non-recurring losses, charges or expenses in calculating consolidated EBITDA

$ 12,000,000

$ 12,000,000

$ 12,000,000

$ 12,000,000

$ 14,300,000

Maximum amount of unrestricted cash to reduce indebtedness in calculating consolidated leverage ratio

$ 5,000,000

Fixed charge coverage ratio

1.20

Debt covenant, percentage of accounts receivable outstanding less than 120 days

80.00%

Debt covenant, percentage of accounting receivable book value

40.00%

Credit facility available borrowing capacity

$ 0

Subsequent Event | Fourth amendment to credit agreement | Revolving Credit Facility

Debt Disclosure [Line Items]

Credit facility, maximum borrowing capacity

200,000,000

Subsequent Event | Fourth amendment to credit agreement | Maximum

Debt Disclosure [Line Items]

Non-recurring cash expenses, costs and charges relating to previously announced SEC investigation and related actions, and legal matters

$ 5,000,000

Forecast | Subsequent Event | Fourth amendment to credit agreement

Debt Disclosure [Line Items]

Maximum add back of extraordinary, unusual or non-recurring losses, charges or expenses in calculating consolidated EBITDA

$ 2,000,000

$ 4,000,000

Forecast | Subsequent Event | Fourth amendment to credit agreement | Maximum

Debt Disclosure [Line Items]

Debt covenant, consolidated leverage ratio

4

4.5

4.50

4.25

LONG-TERM DEBT - Redemption Pri

LONG-TERM DEBT - Redemption Prices Expressed as Percentages of Principal Amount (Detail) - 7.875% senior notes, due 2021	3 Months Ended
	Mar. 31, 2017
Debt Instrument, Redemption, 2017
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	103.938%
Debt Instrument, Redemption, 2018
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	101.969%
Debt Instrument, Redemption, 2019 and thereafter
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	100.00%

DEFERRED REVENUES (Detail)

DEFERRED REVENUES (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Deferred Revenue Arrangement [Line Items]
Deferred merchandise trust unrealized gains	$ 20,644	$ 8,001
Deferred revenues	891,356	866,633
Deferred selling and obtaining costs	120,113	116,890
Merchandise Trusts
Deferred Revenue Arrangement [Line Items]
Deferred revenues	82,235	76,512
Contract Revenues
Deferred Revenue Arrangement [Line Items]
Deferred revenues	$ 788,477	$ 782,120

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2017
Commitments and Contingencies [Line Items]
Relocation expenses	$ 2.4
Deferred fix rent for lease		$ 6
Second Quarter 2014 Acquisition
Commitments and Contingencies [Line Items]
Aggregate fixed rent payment to landlord		$ 36
Other gains (losses), net
Commitments and Contingencies [Line Items]
Relocation expenses	$ 0.5

COMMITMENTS AND CONTINGENCIES58

COMMITMENTS AND CONTINGENCIES - Fixed Rent for Cemeteries (Detail) - 2014 Acquisitions	3 Months Ended
	Mar. 31, 2017USD ($)
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

FAIR VALUE OF FINANCIAL INSTR59

FAIR VALUE OF FINANCIAL INSTRUMENTS (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Senior Notes | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes payable, fair value	$ 174.3	$ 168
Notes payable, carrying value	$ 172.7	$ 172.6
Credit facility | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument maturity term	90 days

SUPPLEMENTAL CONDENSED CONSOL60

SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION - Balance Sheets (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 13,723	$ 12,570	$ 13,486	$ 15,153
Other current assets	104,241	106,251
Total current assets	117,964	118,821
Long-term accounts receivable	98,879	98,886
Cemetery property and equipment	452,196	455,596
Merchandise trusts	523,858	507,079
Perpetual Care Trusts	341,479	333,780
Deferred selling and obtaining costs	120,113	116,890
Goodwill and intangible assets	135,288	135,874
Other assets	21,493	20,087
Total assets	1,811,270	1,787,013
Liabilities and Equity
Current liabilities	46,095	38,893
Long-term debt, net of deferred financing costs	303,618	300,351
Deferred revenues	891,356	866,633
Perpetual care trust corpus	341,479	333,780
Other long-term liabilities	58,575	57,002
Total liabilities	1,641,123	1,596,659
Partners' capital	170,147	190,354
Total liabilities and partners' capital	1,811,270	1,787,013
Eliminations
Current assets:
Investments in and amounts due from affiliates eliminated upon consolidation	(974,802)	(997,932)
Total assets	(974,802)	(997,932)
Liabilities and Equity
Due to affiliates	(770,988)	(754,050)
Total liabilities	(770,988)	(754,050)
Partners' capital	(203,814)	(243,882)
Total liabilities and partners' capital	(974,802)	(997,932)
Parent
Current assets:
Investments in and amounts due from affiliates eliminated upon consolidation	238,255	258,417
Total assets	238,255	258,417
Liabilities and Equity
Long-term debt, net of deferred financing costs	68,108	68,063
Total liabilities	68,108	68,063
Partners' capital	170,147	190,354
Total liabilities and partners' capital	238,255	258,417
Subsidiary Issuer
Current assets:
Other current assets	3,325	4,567
Total current assets	3,325	4,567
Long-term accounts receivable	1,886	1,725
Cemetery property and equipment	925	930
Deferred selling and obtaining costs	5,843	5,668
Investments in and amounts due from affiliates eliminated upon consolidation	159,173	182,060
Total assets	171,152	194,950
Liabilities and Equity
Current liabilities	474	320
Long-term debt, net of deferred financing costs	104,630	104,560
Deferred revenues	30,182	30,321
Total liabilities	135,286	135,201
Partners' capital	35,866	59,749
Total liabilities and partners' capital	171,152	194,950
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	10,531	9,145	10,061	11,809
Other current assets	83,711	83,765
Total current assets	94,242	92,910
Long-term accounts receivable	83,847	83,993
Cemetery property and equipment	417,124	420,077
Deferred selling and obtaining costs	93,754	91,252
Goodwill and intangible assets	72,665	72,963
Other assets	18,665	17,244
Investments in and amounts due from affiliates eliminated upon consolidation	577,374	557,455
Total assets	1,357,671	1,335,894
Liabilities and Equity
Current liabilities	45,455	38,336
Long-term debt, net of deferred financing costs	130,880	127,728
Deferred revenues	764,839	738,184
Other long-term liabilities	47,191	45,802
Due to affiliates	172,738	172,623
Total liabilities	1,161,103	1,122,673
Partners' capital	196,568	213,221
Total liabilities and partners' capital	1,357,671	1,335,894
Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	3,192	3,425	$ 3,425	$ 3,344
Other current assets	17,205	17,919
Total current assets	20,397	21,344
Long-term accounts receivable	13,146	13,168
Cemetery property and equipment	34,147	34,589
Merchandise trusts	523,858	507,079
Perpetual Care Trusts	341,479	333,780
Deferred selling and obtaining costs	20,516	19,970
Goodwill and intangible assets	62,623	62,911
Other assets	2,828	2,843
Total assets	1,018,994	995,684
Liabilities and Equity
Current liabilities	166	237
Deferred revenues	96,335	98,128
Perpetual care trust corpus	341,479	333,780
Other long-term liabilities	11,384	11,200
Due to affiliates	598,250	581,427
Total liabilities	1,047,614	1,024,772
Partners' capital	(28,620)	(29,088)
Total liabilities and partners' capital	$ 1,018,994	$ 995,684

SUPPLEMENTAL CONDENSED CONSOL61

SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION - Statements of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Condensed Financial Statements, Captions [Line Items]
Total revenues	$ 82,946	$ 78,172
Total costs and expenses	(83,995)	(77,633)
Other income (loss)	0	(882)
Interest expense	(6,706)	(5,790)
Loss from continuing operations before income taxes	(7,755)	(6,133)
Income tax expense	(806)	(260)
Net income (loss)	(8,561)	(6,393)
Eliminations
Condensed Financial Statements, Captions [Line Items]
Total revenues	(2,683)	(2,364)
Total costs and expenses	2,683	2,364
Net loss from equity investment in subsidiaries	15,417	11,287
Loss from continuing operations before income taxes	15,417	11,287
Net income (loss)	15,417	11,287
Parent
Condensed Financial Statements, Captions [Line Items]
Net loss from equity investment in subsidiaries	(7,203)	(5,035)
Interest expense	(1,358)	(1,358)
Loss from continuing operations before income taxes	(8,561)	(6,393)
Net income (loss)	(8,561)	(6,393)
Subsidiary Issuer
Condensed Financial Statements, Captions [Line Items]
Total revenues	2,045	1,269
Total costs and expenses	(3,404)	(2,526)
Net loss from equity investment in subsidiaries	(8,214)	(6,252)
Interest expense	(2,087)	(2,087)
Loss from continuing operations before income taxes	(11,660)	(9,596)
Net income (loss)	(11,660)	(9,596)
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Total revenues	68,642	64,346
Total costs and expenses	(69,482)	(65,023)
Other income (loss)		(882)
Interest expense	(3,036)	(2,154)
Loss from continuing operations before income taxes	(3,876)	(3,713)
Income tax expense	(806)	(260)
Net income (loss)	(4,682)	(3,973)
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Total revenues	14,942	14,921
Total costs and expenses	(13,792)	(12,448)
Interest expense	(225)	(191)
Loss from continuing operations before income taxes	925	2,282
Net income (loss)	$ 925	2,282
Restatement Adjustments
Condensed Financial Statements, Captions [Line Items]
Total revenues		1,243
Total costs and expenses		(161)
Net income (loss)		1,082
Restatement Adjustments | Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Total revenues		1,000
Total costs and expenses		$ (800)

SUPPLEMENTAL CONDENSED CONSOL62

SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION - Cash Flows (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ 12,351	$ 5,234
Cash Flows From Investing Activities:
Cash paid for acquisitions and capital expenditures	(1,496)	(4,422)
Net cash used in investing activities	(1,496)	(4,422)
Cash Flows From Financing Activities:
Cash distributions	(11,887)	(21,387)
Net borrowings and repayments of debt	2,928	145
Proceeds from issuance of common units, net of costs	0	18,763
Other financing activities	(743)
Net cash used in financing activities	(9,702)	(2,479)
Net increase (decrease) in cash and cash equivalents	1,153	(1,667)
Cash and cash equivalents - Beginning of period	12,570	15,153
Cash and cash equivalents - End of period	13,723	13,486
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(15,332)	(6,069)
Cash Flows From Investing Activities:
Net cash used in investing activities	0	0
Cash Flows From Financing Activities:
Payments from affiliates	15,332	6,069
Net cash used in financing activities	15,332	6,069
Parent
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	11,887	2,624
Cash Flows From Investing Activities:
Net cash used in investing activities	0	0
Cash Flows From Financing Activities:
Cash distributions	(11,887)	(21,387)
Proceeds from issuance of common units, net of costs		18,763
Net cash used in financing activities	(11,887)	(2,624)
Subsidiary Issuer
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	11	5
Cash Flows From Investing Activities:
Cash paid for acquisitions and capital expenditures	(11)	(5)
Net cash used in investing activities	(11)	(5)
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	15,826	7,950
Cash Flows From Investing Activities:
Cash paid for acquisitions and capital expenditures	(1,293)	(3,774)
Net cash used in investing activities	(1,293)	(3,774)
Cash Flows From Financing Activities:
Payments from affiliates	(15,332)	(6,069)
Net borrowings and repayments of debt	2,928	145
Other financing activities	(743)
Net cash used in financing activities	(13,147)	(5,924)
Net increase (decrease) in cash and cash equivalents	1,386	(1,748)
Cash and cash equivalents - Beginning of period	9,145	11,809
Cash and cash equivalents - End of period	10,531	10,061
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(41)	724
Cash Flows From Investing Activities:
Cash paid for acquisitions and capital expenditures	(192)	(643)
Net cash used in investing activities	(192)	(643)
Cash Flows From Financing Activities:
Net increase (decrease) in cash and cash equivalents	(233)	81
Cash and cash equivalents - Beginning of period	3,425	3,344
Cash and cash equivalents - End of period	$ 3,192	3,425
Restatement Adjustments
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities		0
Restatement Adjustments | Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities		$ (200)

ISSUANCES OF LIMITED PARTNER 63

ISSUANCES OF LIMITED PARTNER UNITS (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)shares
Outstanding Common Units
Limited Partners' Capital Account [Line Items]
Issuance of common units (in units) | shares	78,342
Common Limited Partners
Limited Partners' Capital Account [Line Items]
Proceeds from issuance of common units, net | $	$ 0.7

SEGMENT INFORMATION (Detail)

SEGMENT INFORMATION (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)Segment	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | Segment	2
Revenues	$ 82,946	$ 78,172
Depreciation and amortization	(3,455)	(3,065)
Segment income	10,443	11,068
Corporate overhead	(11,104)	(10,311)
Corporate depreciation and amortization	(388)	(218)
Other gains (losses), net	0	(882)
Interest expense	(6,706)	(5,790)
Income tax benefit (expense)	(806)	(260)
Net loss	(8,561)	(6,393)
Capital expenditures	1,496	4,560
Assets	1,811,270		$ 1,787,013
Goodwill	70,436		70,436
Cemetery
Segment Reporting Information [Line Items]
Revenues	65,527	61,823
Operating costs and expenses	(56,632)	(50,513)
Depreciation and amortization	(2,261)	(1,970)
Segment income	6,634	9,340
Goodwill	24,862		24,862
Funeral Home
Segment Reporting Information [Line Items]
Revenues	17,419	16,349
Operating costs and expenses	(12,804)	(13,744)
Depreciation and amortization	(806)	(877)
Segment income	3,809	1,728
Goodwill	45,574		45,574
Operating Segments | Cemetery
Segment Reporting Information [Line Items]
Capital expenditures	1,309	1,941
Assets	1,596,167		1,573,494
Operating Segments | Funeral Home
Segment Reporting Information [Line Items]
Capital expenditures	47	451
Assets	200,127		198,200
Corporate
Segment Reporting Information [Line Items]
Capital expenditures	140	$ 2,168
Assets	$ 14,976		$ 15,319

SUPPLEMENTAL CONDENSED CONSOL65

SUPPLEMENTAL CONDENSED CONSOLIDATED CASH FLOW INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Supplemental Cash Flow Elements [Abstract]
Pre-need/at-need contract originations (sales on credit)	$ (26,911)	$ (26,220)
Cash receipts from sales on credit (post-origination)	25,627	22,275
Changes in Accounts receivable, net of allowance	1,284	3,945
Deferrals:
Cash receipts from customer deposits at origination, net of refunds	37,342	35,950
Withdrawals of realized income from merchandise trusts during the period	3,608	3,130
Pre-need/at-need contract originations (sales on credit)	26,911	26,220
Undistributed merchandise trust investment earnings, net	3,310	3,488
Recognition:
Merchandise trust investment income, net withdrawn as of end of period	(1,900)	(2,022)
Recognized maturities of customer contracts collected as of end of period	(46,179)	(42,079)
Recognized maturities of customer contracts uncollected as of end of period	(10,290)	(8,976)
Changes in Deferred revenues	$ 12,802	$ 15,711

SUBSEQUENT EVENTS (Detail)

SUBSEQUENT EVENTS (Detail)	Apr. 28, 2017$ / shares
Subsequent Event
Subsequent Event [Line Items]
Quarterly cash distribution per common unit	$ 0.33