INVESTMENTS

The investment balances at December 31, 2015 and 2014, consisted of the following:




(in thousands)	December 31, 2015		December 31, 2014
Rabbi trust (associated with the Non-qualified Deferred Compensation Plan)	$	3,626	$	3,678
Investments in equity securities	18		—
Total	$	3,644	$	3,678

We classify these investments as trading securities and report them at their fair value. For the years ended December 31, 2015, 2014 and 2013, we recorded net unrealized gains of $7,000, $237,000 and $489,000, respectively, in other income in the consolidated statements of income related to these investments. We have also recorded an associated liability, which is included in other pension and benefit costs in the consolidated balance sheets and is adjusted each month for the gains and losses incurred by the Rabbi Trusts. During 2013, we sold our investments in equity securities at that time and recorded $702,000 of realized gain, $438,000 of which was previously recorded as unrealized gain ($135,000 in 2012 and $304,000 prior to 2012).