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Investments
3 Months Ended
Mar. 31, 2020
Investments  
Investments

4. Investments

At December 31, 2018, the Company transferred its investments from available-for-sale classification to trading, due to the Company’s decision to liquidate all investments to complete the Acquisition in the first quarter of 2019. Prior to December 31, 2018, the Company considered all investments as available-for-sale. At March 31, 2020 and December 31, 2019, the Company had $17,049 and $21,601, respectively, of investments. These investments were held in municipal and corporate securities as of March 31, 2020 and December 31, 2019.