Investments

12 Months Ended

Dec. 31, 2019

Investments [Abstract]

Investments

INVESTMENTS

The investment balances at December 31, 2019 and 2018, consisted of the following:

	As of December 31,
(in thousands)	2019		2018
Rabbi trust (associated with the Non-Qualified Deferred Compensation Plan)	$	9,202	$	6,689
Investments in equity securities	27		22
Total	$	9,229	$	6,711

We classify these investments as trading securities and report them at their fair value. For the years ended December 31, 2019, 2018 and 2017, we recorded net unrealized gains of $1.6 million, net unrealized losses of $0.4 million, and net unrealized gains of $1.0 million, respectively in other income (expense) in the consolidated statements of income related to these investments. For the investments in the Rabbi Trust, we also have recorded an associated liability, which is included in other pension and benefit costs in the consolidated balance sheets and is adjusted each period for the gains and losses incurred by the investments in the Rabbi Trust.