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Stonemor Partners LP – ‘10-Q’ for 9/30/13 – ‘R62’

On:  Thursday, 11/7/13, at 1:56pm ET   ·   For:  9/30/13   ·   Accession #:  1193125-13-432439   ·   File #:  1-32270

Previous ‘10-Q’:  ‘10-Q’ on 8/7/13 for 6/30/13   ·   Next:  ‘10-Q’ on 5/8/14 for 3/31/14   ·   Latest:  ‘10-Q’ on 11/8/19 for 9/30/19

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/07/13  Stonemor Partners LP              10-Q        9/30/13   88:11M                                    Donnelley … Solutions/FA

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    885K 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     30K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     30K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     27K 
 5: EX-32.2     Certification -- §906 - SOA'02                      HTML     27K 
85: R1          Document and Entity Information                     HTML     47K 
58: R2          Condensed Consolidated Balance Sheet                HTML    127K 
53: R3          Condensed Consolidated Statement of Operations      HTML    116K 
15: R4          Condensed Consolidated Statement of Operations      HTML     28K 
                (Parenthetical)                                                  
56: R5          Condensed Consolidated Statement of Partners'       HTML     42K 
                Capital                                                          
37: R6          Condensed Consolidated Statement of Cash Flows      HTML    149K 
74: R7          Nature of Operations, Basis of Presentation And     HTML     36K 
                Summary of Significant Accounting Policies                       
38: R8          Long-Term Accounts Receivable, Net of Allowance     HTML     40K 
41: R9          Cemetery Property                                   HTML     31K 
16: R10         Property and Equipment                              HTML     34K 
39: R11         Merchandise Trusts                                  HTML    121K 
73: R12         Perpetual Care Trusts                               HTML    115K 
68: R13         Goodwill and Intangible Assets                      HTML     50K 
54: R14         Long-Term Debt                                      HTML     52K 
81: R15         Income Taxes                                        HTML     34K 
72: R16         Deferred Cemetery Revenues, Net                     HTML     35K 
12: R17         Commitments and Contingencies                       HTML     34K 
20: R18         Partners' Capital                                   HTML     37K 
80: R19         Acquisitions                                        HTML    126K 
84: R20         Segment Information                                 HTML    179K 
86: R21         Fair Value Measurements                             HTML    100K 
83: R22         Nature of Operations, Basis of Presentation And     HTML     45K 
                Summary of Significant Accounting Policies                       
                (Policies)                                                       
61: R23         Long-Term Accounts Receivable, Net of Allowance     HTML     39K 
                (Tables)                                                         
17: R24         Property and Equipment (Tables)                     HTML     38K 
36: R25         Merchandise Trusts (Tables)                         HTML    204K 
25: R26         Goodwill and Intangible Assets (Tables)             HTML     48K 
24: R27         Long-Term Debt (Tables)                             HTML     43K 
43: R28         Deferred Cemetery Revenues, Net (Tables)            HTML     34K 
60: R29         Commitments and Contingencies (Tables)              HTML     31K 
70: R30         Partners' Capital (Tables)                          HTML     34K 
30: R31         Acquisitions (Tables)                               HTML    102K 
44: R32         Segment Information (Tables)                        HTML    169K 
77: R33         Fair Value Measurements (Tables)                    HTML     93K 
27: R34         Nature of Operations Basis of Presentation and      HTML     35K 
                Summary of Significant Accounting Policies -                     
                Additional Information (Detail)                                  
66: R35         Long-Term Accounts Receivable Net (Detail)          HTML     43K 
67: R36         Activity in Allowance for Contract Cancellations    HTML     36K 
                (Detail)                                                         
46: R37         Cemetery Property (Detail)                          HTML     31K 
23: R38         Major Classes of Property and Equipment (Detail)    HTML     40K 
65: R39         Property and Equipment - Additional Information     HTML     29K 
                (Detail)                                                         
28: R40         Merchandise Trusts - Additional Information         HTML     49K 
                (Detail)                                                         
42: R41         Cost and Market Value Associated with Assets Held   HTML     60K 
                in Merchandise Trusts (Detail)                                   
71: R42         Contractual Maturities of Debt Securities Held in   HTML     46K 
                Merchandise Trusts (Detail)                                      
34: R43         Aging of Unrealized Losses on Investments in Fixed  HTML     69K 
                Maturities and Equity Securities Held in                         
                Merchandise Trusts (Detail)                                      
62: R44         Reconciliation of Merchandise Trust Activities      HTML     46K 
                (Detail)                                                         
52: R45         Cost and Market Value Associated with Assets Held   HTML     56K 
                in Perpetual Care Trusts (Detail)                                
26: R46         Contractual Maturities of Debt Securities Held in   HTML     46K 
                Perpetual Care Trusts (Detail)                                   
76: R47         Aging of Unrealized Losses on Investments in Fixed  HTML     69K 
                Maturities and Equity Securities Held in Perpetual               
                Care Trusts (Detail)                                             
21: R48         Reconciliation of Perpetual Care Trust Activities   HTML     46K 
                (Detail)                                                         
29: R49         Perpetual Care Trusts - Additional Information      HTML     39K 
                (Detail)                                                         
51: R50         Goodwill by Reportable Segment (Detail)             HTML     38K 
59: R51         Major Classes of Intangible Assets (Detail)         HTML     38K 
75: R52         Outstanding Debt (Detail)                           HTML     45K 
13: R53         Outstanding Debt (Parenthetical) (Detail)           HTML     35K 
63: R54         Long Term Debt - Additional Information (Detail)    HTML    110K 
48: R55         Measurement of Maximum Consolidated Leverage Ratio  HTML     30K 
                (Detail)                                                         
19: R56         Income Taxes - Additional Information (Detail)      HTML     33K 
22: R57         Deferred Cemetery Revenues Net (Detail)             HTML     38K 
57: R58         Commitments and Contingencies - Additional          HTML     32K 
                Information (Detail)                                             
79: R59         Operating Leases Future Payments (Detail)           HTML     45K 
88: R60         Compensation Expense Recognized Related to Unit     HTML     32K 
                Appreciation Rights and Restricted Phantom Unit                  
                Awards (Detail)                                                  
87: R61         Partners Capital - Additional Information (Detail)  HTML     46K 
69: R62         Acquisitions - Additional Information (Detail)      HTML    157K 
33: R63         Preliminary Assessment of Fair Value of Net Assets  HTML     70K 
                Acquired of First Quarter Twenty Thirteen                        
                Acquisition (Detail)                                             
31: R64         Preliminary Assessment of Fair Value of Net Assets  HTML     58K 
                Acquired and Resulting Gain on Bargain Purchase of               
                Third Quarter Twenty Thirteen (Detail)                           
64: R65         Final Assessment of Fair Value of Net Assets        HTML     53K 
                Acquired Elimination of Debt and Other Assets and                
                Purchase Price Recognition of Goodwill of First                  
                Quarter Twenty Twelve Acquisition (Detail)                       
78: R66         Final Assessment of Fair Value of Net Assets        HTML     60K 
                Acquired Elimination of Debt and Other Assets and                
                Purchase Price Gain on Bargain Purchase of                       
                Bronswood Cemetery (Detail)                                      
18: R67         Final Assessment of Fair Value of Net Assets        HTML     67K 
                Acquired Elimination of Debt and Other Assets and                
                Purchase Price Gain on Bargain Purchase of Lodi                  
                Funeral Home Second (Detail)                                     
82: R68         Final Assessment of Fair Value of Net Assets        HTML     72K 
                Acquired Purchase Price and Resulting Goodwill                   
                Third Quarter Twenty Twelve Acquisition (Detail)                 
35: R69         Consolidated Pro Forma Information (Detail)         HTML     33K 
47: R70         Fixed Rent for Cemeteries (Detail)                  HTML     40K 
45: R71         Segment Information - Additional Information        HTML     30K 
                (Detail)                                                         
32: R72         Segment Information (Detail)                        HTML    124K 
40: R73         Assets and Liabilities Measured at Fair Value       HTML     98K 
                (Detail)                                                         
50: XML         IDEA XML File -- Filing Summary                      XML    138K 
14: EXCEL       IDEA Workbook of Financial Reports                  XLSX    308K 
49: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   1.84M 
 6: EX-101.INS  XBRL Instance -- ston-20130930                       XML   3.32M 
 8: EX-101.CAL  XBRL Calculations -- ston-20130930_cal               XML    208K 
 9: EX-101.DEF  XBRL Definitions -- ston-20130930_def                XML   1.41M 
10: EX-101.LAB  XBRL Labels -- ston-20130930_lab                     XML   1.42M 
11: EX-101.PRE  XBRL Presentations -- ston-20130930_pre              XML   1.57M 
 7: EX-101.SCH  XBRL Schema -- ston-20130930                         XSD    244K 
55: ZIP         XBRL Zipped Folder -- 0001193125-13-432439-xbrl      Zip    225K 


‘R62’   —   Acquisitions – Additional Information (Detail)


This is an IDEA Financial Report.  [ Alternative Formats ]



 
v2.4.0.8
Acquisitions - Additional Information (Detail) (USD $)
1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 1 Months Ended 3 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended
Positive Outcome of Litigation
Positive Outcome of Litigation
General and Administrative Expense
Positive Outcome of Litigation
Acquisition-related Costs
Positive Outcome of Litigation
Merchandise Trusts
Joint Operating Agreement
Purchase and Sale Agreement
Funeral Homes Property
Purchase and Sale Agreement
Funeral Homes Property
Noncompete Agreements
Installment
Third Quarter 2013 Acquisition
Third Quarter 2013 Acquisition
Third Quarter 2013 Acquisition
Minimum
Y
Third Quarter 2013 Acquisition
Maximum
Y
Third Quarter 2013 Acquisition
If Orphans' Court approval has not been received by the Pre-commencement expiration date
Third Quarter 2013 Acquisition
If StoneMor must include or incorporate by reference any historical financial information of the Cemeteries
Third Quarter 2013 Acquisition
Cemetery property
Property
Third Quarter 2013 Acquisition
Cemetery property
Property
Third Quarter 2013 Acquisition
Cemetery property
License Agreement
Property
Third Quarter 2013 Acquisition
Cemetery property
Management Agreement
Property
First Quarter 2012 Acquisition
First Quarter 2012 Acquisition
Second Quarter 2012 Acquisition
Second Quarter 2012 Acquisition
Second Quarter 2012 Acquisition
Funeral Homes Property
Property
Second Quarter 2012 Acquisition
Funeral Homes Property
Noncompete Agreements
Second Quarter 2012 Acquisition
Cemetery property
Property
Third Quarter 2012 Acquisitions
Person
Third Quarter 2012 Acquisitions
Funeral Homes Property
Property
Third Quarter 2012 Acquisitions
Funeral Homes Property
Property
Third Quarter 2012 Acquisitions
Funeral Homes Property
Noncompete Agreements
Third Quarter 2012 Acquisitions
Funeral Homes Property
Noncompete Agreements
Third Quarter 2012 Acquisitions
Cemetery property
Property
Third Quarter 2012 Acquisitions
Cemetery property
Third Quarter 2012 Acquisitions
Cemetery property
Noncompete Agreements
Installment
Two Thousand Thirteen Acquisitions
Two Thousand Thirteen Acquisitions
Two Thousand Twelve Acquisitions
Two Thousand Twelve Acquisitions
Business Acquisition [Line Items]                                                                                
Business acquisition, Consideration paid                   $ 9,100,000     $ 5,000,000                 $ 1,700,000 $ 1,652,000   $ 900,000 $ 850,000           $ 2,300,000     $ 20,000,000          
Business acquisition, units issued                   159,635                           13,720   13,720     128,299           128,299          
Business acquisition, Consideration paid - units                   3,600,000                               350,000                 3,500,000          
Long-Term Debt, face amount                   3,000,000                                                            
Long-Term Debt, interest rate                   5.00%                                                            
Long-Term Debt, maturity Feb. 19, 2014                                                                              
Installment payment amount                     1,200,000                                         300,000       1,500,000        
Number of installment payments                     6                                                 5        
Installment payment start date                     Feb. 19, 2014                                         Jul. 02, 2012 Jul. 02, 2012     Aug. 01, 2013        
Finite lived intangible asset, amortization period   6 years                                                                            
Number of businesses acquired                                   1               2   1   9 5     4            
Amended Operating Agreement, term                                           40 years                                    
Term of lease, for building and underlying real estate as part of business acquired                                                   10 years                            
Lease renewal term, for building and underlying real estate as part of business acquired                                                   5 years                            
Business acquisition, Aggregate consideration payable in installments                                                     600,000                          
Business acquisition, Installment payment start date                                                     Jan. 02, 2013                          
Asset Purchase and Sale Agreement, number of individuals                                                         4                      
Property Acquired, revenue contributed                                                                         1,300,000 2,800,000 2,500,000 7,100,000
Property Acquired, operating profit contributed                                                                         200,000 500,000 100,000 100,000
Deferred gain                 3,100,000                                                              
Contract termination, payment receivable       2,000,000                                                                        
Contract termination, gain recognized       1,737,000                                                                        
Settlement agreement, funds placed into trust     18,400,000                                                                          
Litigation settlement, payment for the properties' perpetual care and merchandise trusts         6,500,000                                                                      
Litigation settlement, Gain on settlement agreement     12,261,000   12,300,000     3,400,000                                                                
Litigation settlement, cash proceeds from settlement         11,900,000 1,700,000 1,300,000                                                                  
Number of properties acquired                                     13 8 5                                      
Up-front rental payment to landlord                       53,000,000                                                        
Aggregate fixed rent payment to landlord     $ 7,285,000                 $ 36,000,000                                                        
Fixed rent for lease, years deferred                           6 11                                                  
Leasing agreement description                       If Landlord terminates the Lease pursuant to a Lease Year 11 Termination, Landlord must repay to Tenant all $53.0 million of the Up-Front Rent. If the Lease is terminated for cause at any time, Landlord must repay to Tenant the unamortized portion of the Up-Front Rent (i) based on a 60 year amortization schedule if terminated by Tenant due to Landlord's default and (ii) based on a 30 year amortization schedule if terminated by Landlord due to Tenant's default.                                                        
Pre-commencement expiration date                       Dec. 31, 2013       Mar. 31, 2014 Jun. 30, 2014                                              
Percentage of sales proceeds to landlord from the sale of undeveloped land                       51.00%                                                        

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
6/30/1410-Q
3/31/1410-Q
2/19/144
12/31/1310-K,  8-K
Filed on:11/7/138-K
For Period end:9/30/13
9/26/138-K
8/1/134
3/31/1310-Q
2/28/138-K
1/2/134
9/30/1210-Q
9/26/12
7/31/12
7/2/124
6/30/1210-Q
6/6/12
4/30/128-K
3/31/1210-Q
1/31/12
9/30/1010-Q,  8-K
 List all Filings 
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Filing Submission 0001193125-13-432439   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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