million increase which was the result of opening tiverton casino hotel on september 1 , 2018 , partially offset by a decrease of $ 4.2 million which was the result of closing newport grand on august 28 , 2018. the increase in non-gaming revenue in the rhode island segment of $ 4.0 million is primarily attributable to a $ 3.2 million increase as a result of opening the tiverton casino hotel , partially offset by a decrease of $ 1.1 million which was the result of closing newport grand . additionally , non-gaming revenue increased $ 0.8 million due to the opening of the hotel in october at our twin river casino hotel property , and to a lesser extent , due to increases in merchandise , cash services and entertainment revenue . 32 gaming and racing expenses for the year ended december 31 , 2018 increased $ 5.7 million , or 7.6 % , from $ 75.1 million in 2017. this increase was primarily attributable to an increase in the rhode island segment due to a $ 3.7 million increase from opening the tiverton casino hotel casino offset by a decrease of $ 1.0 million resulting from the closing of newport grand . the increase is also partially due to higher labor and benefits costs of $ 1.8 million and expenses associated with new premium games of $ 0.5 million . as a percentage of gaming and racing revenue , costs remained relatively consistent . non-gaming expenses for the year ended december 31 , 2018 increased $ 4.0 million from $ 44.5 million , or 8.9 % , in 2017. this increase was primarily attributable to an increase in the rhode island segment due to a $ 2.3 million increase from opening the tiverton casino hotel and a $ 1.4 million pension audit adjustment for out-of-period unpaid contributions partially offset by a decrease of $ 0.8 million from closing newport grand . as a percentage of non-gaming revenue , costs remained relatively consistent . advertising , general and administrative advertising , general and administrative expenses for the year ended december 31 , 2018 increased $ 0.7 million from $ 155.3 million , or 0.4 % , in 2017. this increase was primarily attributable to a $ 9.8 million increase in the rhode island segment due to $ 3.7 million incurred for the pension plan withdrawal liability , $ 1.1 million of higher marketing expense incurred at the twin river casino hotel and a $ 6.3 million increase resulting from the opening of the tiverton casino hotel , offset by a decrease of $ 2.4 million resulting from closing newport grand . this increase was partially offset by an $ 8.4 million decrease in “ other ” due to a $ 19.3 million decrease in share-based compensation expense for the decreased fair value of stock options classified as liability awards that are recorded at fair value at the end of each reporting period , partially offset by $ 6.6 million of costs related to the merger and preparations to become a publicly traded company and higher corporate professional fees . as a percentage of net revenue , costs remained constant . other operating costs and expenses expansion and pre-opening costs for the year ended december 31 , 2018 increased to $ 2.7 million from $ 0.2 million in 2017 , primarily due to non-capitalized pre-opening costs associated with the tiverton casino hotel which opened on september 1 , 2018. we also incurred a disposal loss of $ 6.5 million for the year ended december 31 , 2018 in connection with the sale of the newport grand land and building . depreciation and amortization of intangibles depreciation and amortization of intangibles expense for the year ended december 31 , 2018 was $ 22.3 million , which was flat compared to $ 22.2 million in 2017. we expect that depreciation and amortization expense will increase in 2019 as we will have a full year of expense related to both the hotel at twin river casino hotel and the tiverton casino hotel which opened in late 2018 , coupled with additional expense related to the merger . income from operations income from operations was $ 120.6 million for the year ended december 31 , 2018 compared to $ 123.7 million in 2017. as a percentage of net revenue income from operations decreased from 29.4 % to 27.6 % primarily driven by the expansion and pre-opening costs related to both the hotel at twin river casino and the tiverton casino hotel . other income ( expense ) total other expense , which is primarily comprised of interest expense of $ 23.0 million for the year ended december 31 , 2018 , remained relatively consistent with the interest expense of $ 22.8 million in 2017 , as higher capitalized interest and lower average debt levels in 2018 were offset by higher interest rates year-over-year . provision for income taxes provision for income taxes for the year ended december 31 , 2018 decreased $ 12.5 million from $ 38.9 million in 2017 to $ 26.4 million . this decrease is primarily driven by the lower federal income tax rate associated with the tax cut and jobs act ( “ the tcja ” ) . net income reported net income for the year ended december 31 , 2018 was $ 71.4 million , an increase of 14.8 % from $ 62.2 million in 2017. as a percentage of net revenue net income increased from 14.8 % in 2017 to 16.3 % for the year ended december 31 , 2018 . 33 year ended december 31 , 2017 compared to year ended december 31 , 2016 net revenue gaming and racing revenue for the year ended december 31 , 2017 increased $ 9.8 million from $ 319.0 million , or 3.1 % , in 2016. this increase was primarily attributable to an increase in the rhode island segment of $ 8.4 million primarily due to a $ 6.8 story_separator_special_tag percentage rental revenues are recognized in the periods in which the tenants exceed their respective percentage rent thresholds . all other revenues are recognized at the time the goods are sold or the service is provided . sales tax and other taxes collected on behalf of governmental authorities are accounted for on a net basis and are not included in net revenue or operating expenses . valuation of intangible assets as a result of “ fresh start accounting ” , we adjusted the twin river casino hotel intangible assets to reflect their fair values on november 5 , 2010 ( the “ emergence date ” ) . intangible assets consist of a rhode island vlt license , the master video lottery terminal contract ( the “ contract ” ) with the division of lotteries for the state of rhode island and the state of rhode island department of transportation , as amended , the twin river trade name and the twin river casino hotel rated player relationships . the rhode island vlt license has an indefinite life and therefore is not being amortized . the contract for the vlts , the twin river casino hotel rated player relationships and the twin river trade name are being amortized using the straight-line method based on their estimated useful lives from the emergence date . intangible assets identified in connection with the hard rock biloxi acquisition include a license agreement with hard rock hotel licensing , inc. , rated player relationships , pre-bookings and origination costs and leases in place which are amortized over their estimated useful lives using the straight-line method . intangible assets identified in connection with the newport grand acquisition include a rhode island vlt license , rated player relationships and the newport grand trade name . the rhode island vlt license has an indefinite life and therefore is not being amortized . the newport grand rated player relationships and trade name are being amortized over their estimated useful lives using the straight-line method . intangible assets for newport grand were immaterial when newport grand closed on august 28 , 2018. we periodically evaluate the remaining useful lives of our finite-lived intangible assets to determine whether events and circumstances warrant a revision to the remaining period of amortization . intangible assets not subject to amortization are reviewed for impairment annually and between annual test dates whenever events or changes in circumstances may indicate that the carrying amount of the related asset may not be recoverable . valuation of goodwill goodwill represents the excess of reorganization value over the fair market value of twin river casino hotel net assets on the emergence date and the excess of the hard rock biloxi and newport grand purchase prices over the respective fair values of tangible and identifiable assets acquired and liabilities assumed . we are required to test goodwill for impairment at least annually , and between annual tests if events occur or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount . we have elected to perform our annual tests for indications of goodwill impairment as of the first day of the fourth quarter of each year . we test for goodwill impairment at the reporting unit level , which is at or one level below the operating segment level . when assessing goodwill for impairment , first , qualitative factors are assessed to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value . if the results of the qualitative assessment are not conclusive , a quantitative goodwill test is performed . the quantitative goodwill test compares the estimated fair value of each reporting unit with its estimated net book value ( including goodwill and identifiable intangible assets ) . if the reporting unit 's estimated fair value exceeds its estimated net book value , goodwill is not impaired . prior to the adoption of accounting standards update ( “ asu ” ) 2017-04 , intangibles — goodwill and other ( topic 350 ) — simplifying the test for goodwill impairment for our 2017 goodwill impairment test , if a reporting unit 's estimated fair value did not exceed its carrying value , an impairment was recognized if the implied fair value of goodwill was less than its carrying value . after the adoption of this new standard , an impairment is recognized if the estimated fair value of a reporting unit is less than its estimated net book value , in an amount not to exceed the carrying value of the reporting unit 's goodwill . 39 share-based compensation we record share-based compensation in accordance with asc 718 , compensation — stock compensation , and recognize share-based compensation expense in the period in which the employee or director is required to provide service , which is generally over the vesting period of the individual share-based payment award . compensation expense for awards with graded vesting is recognized over the requisite service period on an accelerated basis , as if each tranche were a separate award . compensation expense for awards with performance conditions is based on the target number of shares of common stock and our stock price on the date of grant and subsequently adjusts expense based on actual and forecasted performance compared to planned targets . compensation cost previously recognized on forfeited awards is reversed when the forfeitures occur . we classify stock awards as either an equity award or a liability award . equity classified awards are valued as of the grant date using either an observable market price or a valuation methodology . liability classified awards are valued at fair value at each reporting date . share-based payment awards which contained certain repurchase provisions are classified as liabilities in accordance with asc 718. we have elected to measure all liability-classified awards utilizing the intrinsic value method and recognizes share-based compensation expense within advertising

net cash provided by operating activities net cash provided by operating activities for the year ended december 31 , 2018 was $ 109.2 million , an increase of $ 1.4 million compared to the year ended december 31 , 2017. this increase was primarily attributable to a $ 7.7 million increase in net income adjusted for non-cash items that remained relatively consistent , up $ 1.5 million , for the year ended december 31 , 2018 compared to 2017. this increase is partially offset by a $ 6.3 million decrease in cash provided by operating assets and liabilities , primarily driven by a $ 6.3 million increase in cash used in prepaid expenses and other assets related to prepaid taxes , and an increase in accounts receivable of $ 4.0 million resulting primarily from higher balances due from the state of rhode island in connection with the tiverton casino hotel , including a one-time $ 1.8 million receivable associated with construction of a roundabout built in conjunction with the tiverton casino hotel . these decreases were partially offset by an increase in cash provided by accounts payable and accrued expenses of $ 2.7 million due to incrementally higher accounts payable and accrued balances associated with the tiverton casino hotel as compared to newport grand .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```net cash provided by operating activities net cash provided by operating activities for the year ended december 31 , 2018 was $ 109.2 million , an increase of $ 1.4 million compared to the year ended december 31 , 2017. this increase was primarily attributable to a $ 7.7 million increase in net income adjusted for non-cash items that remained relatively consistent , up $ 1.5 million , for the year ended december 31 , 2018 compared to 2017. this increase is partially offset by a $ 6.3 million decrease in cash provided by operating assets and liabilities , primarily driven by a $ 6.3 million increase in cash used in prepaid expenses and other assets related to prepaid taxes , and an increase in accounts receivable of $ 4.0 million resulting primarily from higher balances due from the state of rhode island in connection with the tiverton casino hotel , including a one-time $ 1.8 million receivable associated with construction of a roundabout built in conjunction with the tiverton casino hotel . these decreases were partially offset by an increase in cash provided by accounts payable and accrued expenses of $ 2.7 million due to incrementally higher accounts payable and accrued balances associated with the tiverton casino hotel as compared to newport grand .
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 Suspicious Activity Report : million increase which was the result of opening tiverton casino hotel on september 1 , 2018 , partially offset by a decrease of $ 4.2 million which was the result of closing newport grand on august 28 , 2018. the increase in non-gaming revenue in the rhode island segment of $ 4.0 million is primarily attributable to a $ 3.2 million increase as a result of opening the tiverton casino hotel , partially offset by a decrease of $ 1.1 million which was the result of closing newport grand . additionally , non-gaming revenue increased $ 0.8 million due to the opening of the hotel in october at our twin river casino hotel property , and to a lesser extent , due to increases in merchandise , cash services and entertainment revenue . 32 gaming and racing expenses for the year ended december 31 , 2018 increased $ 5.7 million , or 7.6 % , from $ 75.1 million in 2017. this increase was primarily attributable to an increase in the rhode island segment due to a $ 3.7 million increase from opening the tiverton casino hotel casino offset by a decrease of $ 1.0 million resulting from the closing of newport grand . the increase is also partially due to higher labor and benefits costs of $ 1.8 million and expenses associated with new premium games of $ 0.5 million . as a percentage of gaming and racing revenue , costs remained relatively consistent . non-gaming expenses for the year ended december 31 , 2018 increased $ 4.0 million from $ 44.5 million , or 8.9 % , in 2017. this increase was primarily attributable to an increase in the rhode island segment due to a $ 2.3 million increase from opening the tiverton casino hotel and a $ 1.4 million pension audit adjustment for out-of-period unpaid contributions partially offset by a decrease of $ 0.8 million from closing newport grand . as a percentage of non-gaming revenue , costs remained relatively consistent . advertising , general and administrative advertising , general and administrative expenses for the year ended december 31 , 2018 increased $ 0.7 million from $ 155.3 million , or 0.4 % , in 2017. this increase was primarily attributable to a $ 9.8 million increase in the rhode island segment due to $ 3.7 million incurred for the pension plan withdrawal liability , $ 1.1 million of higher marketing expense incurred at the twin river casino hotel and a $ 6.3 million increase resulting from the opening of the tiverton casino hotel , offset by a decrease of $ 2.4 million resulting from closing newport grand . this increase was partially offset by an $ 8.4 million decrease in “ other ” due to a $ 19.3 million decrease in share-based compensation expense for the decreased fair value of stock options classified as liability awards that are recorded at fair value at the end of each reporting period , partially offset by $ 6.6 million of costs related to the merger and preparations to become a publicly traded company and higher corporate professional fees . as a percentage of net revenue , costs remained constant . other operating costs and expenses expansion and pre-opening costs for the year ended december 31 , 2018 increased to $ 2.7 million from $ 0.2 million in 2017 , primarily due to non-capitalized pre-opening costs associated with the tiverton casino hotel which opened on september 1 , 2018. we also incurred a disposal loss of $ 6.5 million for the year ended december 31 , 2018 in connection with the sale of the newport grand land and building . depreciation and amortization of intangibles depreciation and amortization of intangibles expense for the year ended december 31 , 2018 was $ 22.3 million , which was flat compared to $ 22.2 million in 2017. we expect that depreciation and amortization expense will increase in 2019 as we will have a full year of expense related to both the hotel at twin river casino hotel and the tiverton casino hotel which opened in late 2018 , coupled with additional expense related to the merger . income from operations income from operations was $ 120.6 million for the year ended december 31 , 2018 compared to $ 123.7 million in 2017. as a percentage of net revenue income from operations decreased from 29.4 % to 27.6 % primarily driven by the expansion and pre-opening costs related to both the hotel at twin river casino and the tiverton casino hotel . other income ( expense ) total other expense , which is primarily comprised of interest expense of $ 23.0 million for the year ended december 31 , 2018 , remained relatively consistent with the interest expense of $ 22.8 million in 2017 , as higher capitalized interest and lower average debt levels in 2018 were offset by higher interest rates year-over-year . provision for income taxes provision for income taxes for the year ended december 31 , 2018 decreased $ 12.5 million from $ 38.9 million in 2017 to $ 26.4 million . this decrease is primarily driven by the lower federal income tax rate associated with the tax cut and jobs act ( “ the tcja ” ) . net income reported net income for the year ended december 31 , 2018 was $ 71.4 million , an increase of 14.8 % from $ 62.2 million in 2017. as a percentage of net revenue net income increased from 14.8 % in 2017 to 16.3 % for the year ended december 31 , 2018 . 33 year ended december 31 , 2017 compared to year ended december 31 , 2016 net revenue gaming and racing revenue for the year ended december 31 , 2017 increased $ 9.8 million from $ 319.0 million , or 3.1 % , in 2016. this increase was primarily attributable to an increase in the rhode island segment of $ 8.4 million primarily due to a $ 6.8 story_separator_special_tag percentage rental revenues are recognized in the periods in which the tenants exceed their respective percentage rent thresholds . all other revenues are recognized at the time the goods are sold or the service is provided . sales tax and other taxes collected on behalf of governmental authorities are accounted for on a net basis and are not included in net revenue or operating expenses . valuation of intangible assets as a result of “ fresh start accounting ” , we adjusted the twin river casino hotel intangible assets to reflect their fair values on november 5 , 2010 ( the “ emergence date ” ) . intangible assets consist of a rhode island vlt license , the master video lottery terminal contract ( the “ contract ” ) with the division of lotteries for the state of rhode island and the state of rhode island department of transportation , as amended , the twin river trade name and the twin river casino hotel rated player relationships . the rhode island vlt license has an indefinite life and therefore is not being amortized . the contract for the vlts , the twin river casino hotel rated player relationships and the twin river trade name are being amortized using the straight-line method based on their estimated useful lives from the emergence date . intangible assets identified in connection with the hard rock biloxi acquisition include a license agreement with hard rock hotel licensing , inc. , rated player relationships , pre-bookings and origination costs and leases in place which are amortized over their estimated useful lives using the straight-line method . intangible assets identified in connection with the newport grand acquisition include a rhode island vlt license , rated player relationships and the newport grand trade name . the rhode island vlt license has an indefinite life and therefore is not being amortized . the newport grand rated player relationships and trade name are being amortized over their estimated useful lives using the straight-line method . intangible assets for newport grand were immaterial when newport grand closed on august 28 , 2018. we periodically evaluate the remaining useful lives of our finite-lived intangible assets to determine whether events and circumstances warrant a revision to the remaining period of amortization . intangible assets not subject to amortization are reviewed for impairment annually and between annual test dates whenever events or changes in circumstances may indicate that the carrying amount of the related asset may not be recoverable . valuation of goodwill goodwill represents the excess of reorganization value over the fair market value of twin river casino hotel net assets on the emergence date and the excess of the hard rock biloxi and newport grand purchase prices over the respective fair values of tangible and identifiable assets acquired and liabilities assumed . we are required to test goodwill for impairment at least annually , and between annual tests if events occur or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount . we have elected to perform our annual tests for indications of goodwill impairment as of the first day of the fourth quarter of each year . we test for goodwill impairment at the reporting unit level , which is at or one level below the operating segment level . when assessing goodwill for impairment , first , qualitative factors are assessed to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value . if the results of the qualitative assessment are not conclusive , a quantitative goodwill test is performed . the quantitative goodwill test compares the estimated fair value of each reporting unit with its estimated net book value ( including goodwill and identifiable intangible assets ) . if the reporting unit 's estimated fair value exceeds its estimated net book value , goodwill is not impaired . prior to the adoption of accounting standards update ( “ asu ” ) 2017-04 , intangibles — goodwill and other ( topic 350 ) — simplifying the test for goodwill impairment for our 2017 goodwill impairment test , if a reporting unit 's estimated fair value did not exceed its carrying value , an impairment was recognized if the implied fair value of goodwill was less than its carrying value . after the adoption of this new standard , an impairment is recognized if the estimated fair value of a reporting unit is less than its estimated net book value , in an amount not to exceed the carrying value of the reporting unit 's goodwill . 39 share-based compensation we record share-based compensation in accordance with asc 718 , compensation — stock compensation , and recognize share-based compensation expense in the period in which the employee or director is required to provide service , which is generally over the vesting period of the individual share-based payment award . compensation expense for awards with graded vesting is recognized over the requisite service period on an accelerated basis , as if each tranche were a separate award . compensation expense for awards with performance conditions is based on the target number of shares of common stock and our stock price on the date of grant and subsequently adjusts expense based on actual and forecasted performance compared to planned targets . compensation cost previously recognized on forfeited awards is reversed when the forfeitures occur . we classify stock awards as either an equity award or a liability award . equity classified awards are valued as of the grant date using either an observable market price or a valuation methodology . liability classified awards are valued at fair value at each reporting date . share-based payment awards which contained certain repurchase provisions are classified as liabilities in accordance with asc 718. we have elected to measure all liability-classified awards utilizing the intrinsic value method and recognizes share-based compensation expense within advertising

