at december 31 , 2017 , our annualized net debt-to-adjusted ebitda ratio on a pro-rata basis was 5.4x . leasing activity and significant tenants we believe our high-quality , grocery anchored shopping centers located in densely populated , desirable infill trade areas create attractive spaces for retail tenants . pro-rata occupancy the following table summarizes pro-rata occupancy rates of our combined consolidated and unconsolidated shopping center portfolio : 41 replace_table_token_16_th the decline in shop space percent leased is due to the merger with equity one , which had lower shop space occupancy than regency . pro-rata leasing activity the following table summarizes leasing activity , including our pro-rata share of activity within the portfolio of our co-investment partnerships : year ended december 31 , 2017 leasing transactions ( 1 ) ( 3 ) sf ( in thousands ) base rent psf ( 2 ) tenant improvements psf ( 2 ) leasing commissions psf ( 2 ) anchor leases new 39 895 $ 17.34 $ 9.71 $ 4.92 renewal 87 2,465 14.47 — 0.46 total anchor leases 126 3,360 $ 15.24 $ 2.59 $ 1.65 shop space new 548 952 $ 32.45 $ 12.06 $ 13.17 renewal 1,175 2,005 31.31 1.02 2.40 total shop space leases 1,723 2,957 $ 31.68 $ 4.57 $ 5.87 total leases 1,849 6,317 $ 22.93 $ 3.52 $ 3.62 ( 1 ) number of leasing transactions reported at 100 % ; all other statistics reported at pro-rata share . ( 2 ) totals for base rent , tenant improvements , and leasing commissions reflect the weighted average psf . ( 3 ) for the period ending december 31 , 2017 , amounts include leasing activity of properties acquired from equity one beginning march 1 , 2017. year ended december 31 , 2016 leasing transactions ( 1 ) sf ( in thousands ) base rent psf ( 2 ) tenant improvements psf ( 2 ) leasing commissions psf ( 2 ) anchor leases new 22 729 $ 16.99 $ 7.95 $ 2.42 renewal 84 1,610 14.00 0.50 0.54 total anchor leases ( 1 ) 106 2,339 $ 14.94 $ 2.83 $ 1.13 shop space new 443 774 $ 30.56 $ 12.29 $ 14.01 renewal 987 1,502 31.16 1.26 3.87 total shop space leases ( 1 ) 1,430 2,276 $ 30.95 $ 5.01 $ 7.32 total leases 1,536 4,615 $ 22.84 $ 3.90 $ 4.18 ( 1 ) number of leasing transactions reported at 100 % ; all other statistics reported at pro-rata share . ( 2 ) totals for base rent , tenant improvements , and leasing commissions reflect the weighted average psf . total average pro-rata base rent on signed shop space leases during 2017 was $ 31.68 psf and approximates the pro-rata average annual base rent of all shop space leases due to expire during the next twelve months of $ 31.72 psf . 42 significant tenants and concentrations of risk we seek to reduce our operating and leasing risks through geographic diversification and by avoiding dependence on any single property , market , or tenant . the following table summarizes our most significant tenants , based on their percentage of annualized base rent : december 31 , 2017 anchor number of stores percentage of company- owned gla ( 1 ) percentage of annualized base rent ( 1 ) publix 69 6.2 % 3.1 % kroger 58 6.5 % 3.1 % albertsons/safeway 46 4.0 % 2.9 % tjx companies 58 3.2 % 2.4 % whole foods 27 2.2 % 2.3 % ( 1 ) includes regency 's pro-rata share of unconsolidated properties and excludes those owned by anchors . bankruptcies and credit concerns our management team devotes significant time to researching and monitoring retail trends , consumer preferences , customer shopping behaviors , changes in retail delivery methods , and changing demographics in order to anticipate the challenges and opportunities impacting the retail industry . a greater shift to e-commerce , large-scale retail business failures , unemployment , and tight credit markets could negatively impact consumer spending and have an adverse effect on our results of operations . we seek to mitigate these potential impacts through tenant diversification , re-tenanting weaker tenants with stronger operators , anchoring our centers with market leading grocery stores that drive foot traffic , and maintaining a presence in affluent suburbs and dense infill trade areas . as a result of our research and findings , we may reduce new leasing , suspend leasing , or curtail allowances for construction of leasehold improvements within a certain retail category or to a specific retailer in order to reduce our risk from bankruptcies and store closings . we closely monitor the operating performance and rent collections of tenants in our shopping centers as well as those retailers experiencing significant changes to their business models as a result of reduced customer traffic in their stores and increased competition from e-commerce sales . retailers who are unable to withstand these and other business pressures may file for bankruptcy . although base rent is supported by long-term lease contracts , tenants who file bankruptcy generally have the legal right to reject any or all of their leases and close related stores . any unsecured claim we hold against a bankrupt tenant for unpaid rent might be paid only to the extent that funds are available and only in the same percentage as is paid to all other holders of unsecured claims . as a result , it is likely that we would recover substantially less than the full value of any unsecured claims we hold . additionally , we may incur significant expense to recover our claim and to release the vacated space . in the event that a tenant with a significant number of leases in our shopping centers files bankruptcy and cancels its leases , we could experience a significant reduction in our revenues . story_separator_special_tag 51 same property rollforward : our same property pool includes the following property count , pro-rata gla , and changes therein : 2017 2016 ( gla in thousands ) property count gla property count gla beginning same property count 289 26,392 300 26,508 acquired properties owned for entirety of comparable periods 1 180 6 443 developments that reached completion by beginning of earliest comparable period presented 2 331 2 342 disposed properties ( 7 ) ( 546 ) ( 19 ) ( 933 ) properties acquired through equity one merger 110 14,181 — — sf adjustments ( 1 ) — 63 — 32 ending same property count 395 40,601 289 26,392 ( 1 ) sf adjustments arise from remeasurements or redevelopments . nareit ffo and core ffo : our reconciliation of net income attributable to common stock and unit holders to nareit ffo and core ffo is as follows : ( in thousands , except share information ) 2017 2016 reconciliation of net income to nareit ffo net income attributable to common stockholders $ 159,949 143,860 adjustments to reconcile to nareit ffo : ( 1 ) depreciation and amortization ( excluding ff & e ) 364,908 193,451 provision for impairment to operating properties — 3,159 gain on sale of operating properties , net of tax ( 30,402 ) ( 63,426 ) exchangeable operating partnership units 388 257 nareit ffo attributable to common stock and unit holders $ 494,843 277,301 reconciliation of nareit ffo to core ffo nareit ffo attributable to common stock and unit holders $ 494,843 277,301 adjustments to reconcile to core ffo : ( 1 ) development pursuit costs 1,569 1,503 deferred income tax benefit ( 9,737 ) — acquisition pursuit and closing costs 138 2,007 merger related costs 80,715 6,539 gain on sale of land ( 3,623 ) ( 8,769 ) provision for impairment to land — 580 ( gain ) loss on derivative instruments and hedge ineffectiveness ( 15 ) 40,589 loss on early extinguishment of debt 12,449 14,207 preferred redemption charge 12,227 — merger related debt offering interest 975 — hurricane losses 2,596 — core ffo attributable to common stockholders $ 592,137 333,957 ( 1 ) includes regency 's pro-rata share of unconsolidated investment partnerships , net of pro-rata share attributable to noncontrolling interests . 52 reconciliation of same property noi to nearest gaap measure : our reconciliation of property revenues and property expenses to same property noi , on a pro-rata basis , is as follows : 2017 2016 ( in thousands ) same property other ( 1 ) total same property other ( 1 ) total net income attributable to common stockholders $ 340,455 ( 180,506 ) 159,949 278,322 ( 134,462 ) 143,860 less : management , transaction , and other fees — 26,158 26,158 — 25,327 25,327 gain on sale of real estate , net of tax — 27,432 27,432 — 47,321 47,321 other ( 2 ) 33,935 13,422 47,357 5,849 10,295 16,144 plus : depreciation and amortization 308,311 25,890 334,201 146,708 15,619 162,327 general and administrative — 67,624 67,624 — 65,327 65,327 other operating expense , excluding provision for doubtful accounts 906 74,590 75,496 1,966 10,410 12,376 other expense ( income ) 44,745 96,348 141,093 28,335 119,731 148,066 equity in income ( loss ) of investments in real estate excluded from noi ( 3 ) 51,069 2,221 53,290 31,050 2,902 33,952 net income attributable to noncontrolling interests — 2,903 2,903 — 2,070 2,070 preferred stock dividends and issuance costs — 16,128 16,128 — 21,062 21,062 same property noi for non-ownership periods of equity one ( 4 ) 42,245 — 42,245 248,036 — 248,036 pro-rata noi , as adjusted $ 753,796 38,186 791,982 728,568 19,716 748,284 ( 1 ) includes revenues and expenses attributable to non-same property , sold property , development properties , corporate activities , and noncontrolling interests . ( 2 ) includes straight-line rental income and expense , net of reserves , above and below market rent amortization , other fees , and noncontrolling interest . ( 3 ) includes non-noi expenses incurred at our unconsolidated real estate partnerships , including those separated out above for our consolidated properties . ( 4 ) noi from equity one prior to the merger was derived from the accounting records of equity one without adjustment . equity one 's financial information for the period ended february 28 , 2017 and the period ended december 31 , 2016 was subject to a limited internal review by regency . the table below provides same property noi detail for the non-ownership periods of equity one . replace_table_token_27_th 53 liquidity and capital resources general we use cash flows generated from operating , investing , and financing activities to strengthen our balance sheet , finance our development and redevelopment projects , fund our investment activities , and maintain financial flexibility . we continuously monitor the capital markets and evaluate our ability to issue new debt or equity , to repay maturing debt , or fund our capital commitments . except for the $ 500 million of unsecured public and private placement debt assumed with the equity one merger on march 1 , 2017 , our parent company has no capital commitments other than its guarantees of the commitments of our operating partnership . all remaining debt is held by our operating partnership or by our co-investment partnerships . the operating partnership is a co-issuer and a guarantor on the $ 500 million of outstanding debt of our parent company assumed in the equity one merger . the parent company will from time to time access the capital markets for the purpose of issuing new equity and will simultaneously contribute all of the offering proceeds to the operating partnership in exchange for additional partnership units . based upon our available sources of capital , our current credit ratings , and the number of high quality , unencumbered properties we own , we believe our available capital resources are sufficient to meet our expected capital needs . in addition

net cash provided by financing activities : net cash flows generated from financing activities increased by $ 480.2 million during 2017 , as follows : replace_table_token_31_th significant financing activities during the years ended december 31 , 2017 and 2016 include the following : we raised $ 88.5 million during december 2017 upon settling the remaining 1,250,000 shares under the forward equity offering . we raised $ 548.9 million during 2016 by : ◦ issuing 182,787 shares of common stock through our atm program at an average price of $ 68.85 per share resulting in net proceeds of $ 12.3 million , ◦ issuing 1,850,000 shares under our forward equity offering at an average price of $ 74.32 per share resulting in proceeds of $ 137.5 million , and ◦ issuing 5,000,000 shares of common stock at $ 79.78 per share resulting in net proceeds of $ 400.1 million . we repurchased for cash a portion of the common stock related to stock based compensation to satisfy employee federal and state tax withholding requirements . the repurchases increased $ 10.7 million in 2017 primarily due to the vesting of equity one 's stock based compensation program as a result of the merger . we redeemed all of the issued and outstanding shares of our 6.625 % series 6 and 6.000 % series 7 cumulative redeemable preferred stock on february 16 , 2017 and august 23 , 2017 , respectively , for $ 325.0 million . net distributions to consolidated partnerships increased $ 3.9 million primarily due to excess proceeds from property refinancings during 2017. as a result of the shares of common stock issued during 2016 and common shares issued as merger consideration during 2017 , combined with an increase in our quarterly dividend rate , our annual dividend payments increased $ 105.9 million .


 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 financing activities : net cash flows generated from financing activities increased by $ 480.2 million during 2017 , as follows : replace_table_token_31_th significant financing activities during the years ended december 31 , 2017 and 2016 include the following : we raised $ 88.5 million during december 2017 upon settling the remaining 1,250,000 shares under the forward equity offering . we raised $ 548.9 million during 2016 by : ◦ issuing 182,787 shares of common stock through our atm program at an average price of $ 68.85 per share resulting in net proceeds of $ 12.3 million , ◦ issuing 1,850,000 shares under our forward equity offering at an average price of $ 74.32 per share resulting in proceeds of $ 137.5 million , and ◦ issuing 5,000,000 shares of common stock at $ 79.78 per share resulting in net proceeds of $ 400.1 million . we repurchased for cash a portion of the common stock related to stock based compensation to satisfy employee federal and state tax withholding requirements . the repurchases increased $ 10.7 million in 2017 primarily due to the vesting of equity one 's stock based compensation program as a result of the merger . we redeemed all of the issued and outstanding shares of our 6.625 % series 6 and 6.000 % series 7 cumulative redeemable preferred stock on february 16 , 2017 and august 23 , 2017 , respectively , for $ 325.0 million . net distributions to consolidated partnerships increased $ 3.9 million primarily due to excess proceeds from property refinancings during 2017. as a result of the shares of common stock issued during 2016 and common shares issued as merger consideration during 2017 , combined with an increase in our quarterly dividend rate , our annual dividend payments increased $ 105.9 million .
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 Suspicious Activity Report : at december 31 , 2017 , our annualized net debt-to-adjusted ebitda ratio on a pro-rata basis was 5.4x . leasing activity and significant tenants we believe our high-quality , grocery anchored shopping centers located in densely populated , desirable infill trade areas create attractive spaces for retail tenants . pro-rata occupancy the following table summarizes pro-rata occupancy rates of our combined consolidated and unconsolidated shopping center portfolio : 41 replace_table_token_16_th the decline in shop space percent leased is due to the merger with equity one , which had lower shop space occupancy than regency . pro-rata leasing activity the following table summarizes leasing activity , including our pro-rata share of activity within the portfolio of our co-investment partnerships : year ended december 31 , 2017 leasing transactions ( 1 ) ( 3 ) sf ( in thousands ) base rent psf ( 2 ) tenant improvements psf ( 2 ) leasing commissions psf ( 2 ) anchor leases new 39 895 $ 17.34 $ 9.71 $ 4.92 renewal 87 2,465 14.47 — 0.46 total anchor leases 126 3,360 $ 15.24 $ 2.59 $ 1.65 shop space new 548 952 $ 32.45 $ 12.06 $ 13.17 renewal 1,175 2,005 31.31 1.02 2.40 total shop space leases 1,723 2,957 $ 31.68 $ 4.57 $ 5.87 total leases 1,849 6,317 $ 22.93 $ 3.52 $ 3.62 ( 1 ) number of leasing transactions reported at 100 % ; all other statistics reported at pro-rata share . ( 2 ) totals for base rent , tenant improvements , and leasing commissions reflect the weighted average psf . ( 3 ) for the period ending december 31 , 2017 , amounts include leasing activity of properties acquired from equity one beginning march 1 , 2017. year ended december 31 , 2016 leasing transactions ( 1 ) sf ( in thousands ) base rent psf ( 2 ) tenant improvements psf ( 2 ) leasing commissions psf ( 2 ) anchor leases new 22 729 $ 16.99 $ 7.95 $ 2.42 renewal 84 1,610 14.00 0.50 0.54 total anchor leases ( 1 ) 106 2,339 $ 14.94 $ 2.83 $ 1.13 shop space new 443 774 $ 30.56 $ 12.29 $ 14.01 renewal 987 1,502 31.16 1.26 3.87 total shop space leases ( 1 ) 1,430 2,276 $ 30.95 $ 5.01 $ 7.32 total leases 1,536 4,615 $ 22.84 $ 3.90 $ 4.18 ( 1 ) number of leasing transactions reported at 100 % ; all other statistics reported at pro-rata share . ( 2 ) totals for base rent , tenant improvements , and leasing commissions reflect the weighted average psf . total average pro-rata base rent on signed shop space leases during 2017 was $ 31.68 psf and approximates the pro-rata average annual base rent of all shop space leases due to expire during the next twelve months of $ 31.72 psf . 42 significant tenants and concentrations of risk we seek to reduce our operating and leasing risks through geographic diversification and by avoiding dependence on any single property , market , or tenant . the following table summarizes our most significant tenants , based on their percentage of annualized base rent : december 31 , 2017 anchor number of stores percentage of company- owned gla ( 1 ) percentage of annualized base rent ( 1 ) publix 69 6.2 % 3.1 % kroger 58 6.5 % 3.1 % albertsons/safeway 46 4.0 % 2.9 % tjx companies 58 3.2 % 2.4 % whole foods 27 2.2 % 2.3 % ( 1 ) includes regency 's pro-rata share of unconsolidated properties and excludes those owned by anchors . bankruptcies and credit concerns our management team devotes significant time to researching and monitoring retail trends , consumer preferences , customer shopping behaviors , changes in retail delivery methods , and changing demographics in order to anticipate the challenges and opportunities impacting the retail industry . a greater shift to e-commerce , large-scale retail business failures , unemployment , and tight credit markets could negatively impact consumer spending and have an adverse effect on our results of operations . we seek to mitigate these potential impacts through tenant diversification , re-tenanting weaker tenants with stronger operators , anchoring our centers with market leading grocery stores that drive foot traffic , and maintaining a presence in affluent suburbs and dense infill trade areas . as a result of our research and findings , we may reduce new leasing , suspend leasing , or curtail allowances for construction of leasehold improvements within a certain retail category or to a specific retailer in order to reduce our risk from bankruptcies and store closings . we closely monitor the operating performance and rent collections of tenants in our shopping centers as well as those retailers experiencing significant changes to their business models as a result of reduced customer traffic in their stores and increased competition from e-commerce sales . retailers who are unable to withstand these and other business pressures may file for bankruptcy . although base rent is supported by long-term lease contracts , tenants who file bankruptcy generally have the legal right to reject any or all of their leases and close related stores . any unsecured claim we hold against a bankrupt tenant for unpaid rent might be paid only to the extent that funds are available and only in the same percentage as is paid to all other holders of unsecured claims . as a result , it is likely that we would recover substantially less than the full value of any unsecured claims we hold . additionally , we may incur significant expense to recover our claim and to release the vacated space . in the event that a tenant with a significant number of leases in our shopping centers files bankruptcy and cancels its leases , we could experience a significant reduction in our revenues . story_separator_special_tag 51 same property rollforward : our same property pool includes the following property count , pro-rata gla , and changes therein : 2017 2016 ( gla in thousands ) property count gla property count gla beginning same property count 289 26,392 300 26,508 acquired properties owned for entirety of comparable periods 1 180 6 443 developments that reached completion by beginning of earliest comparable period presented 2 331 2 342 disposed properties ( 7 ) ( 546 ) ( 19 ) ( 933 ) properties acquired through equity one merger 110 14,181 — — sf adjustments ( 1 ) — 63 — 32 ending same property count 395 40,601 289 26,392 ( 1 ) sf adjustments arise from remeasurements or redevelopments . nareit ffo and core ffo : our reconciliation of net income attributable to common stock and unit holders to nareit ffo and core ffo is as follows : ( in thousands , except share information ) 2017 2016 reconciliation of net income to nareit ffo net income attributable to common stockholders $ 159,949 143,860 adjustments to reconcile to nareit ffo : ( 1 ) depreciation and amortization ( excluding ff & e ) 364,908 193,451 provision for impairment to operating properties — 3,159 gain on sale of operating properties , net of tax ( 30,402 ) ( 63,426 ) exchangeable operating partnership units 388 257 nareit ffo attributable to common stock and unit holders $ 494,843 277,301 reconciliation of nareit ffo to core ffo nareit ffo attributable to common stock and unit holders $ 494,843 277,301 adjustments to reconcile to core ffo : ( 1 ) development pursuit costs 1,569 1,503 deferred income tax benefit ( 9,737 ) — acquisition pursuit and closing costs 138 2,007 merger related costs 80,715 6,539 gain on sale of land ( 3,623 ) ( 8,769 ) provision for impairment to land — 580 ( gain ) loss on derivative instruments and hedge ineffectiveness ( 15 ) 40,589 loss on early extinguishment of debt 12,449 14,207 preferred redemption charge 12,227 — merger related debt offering interest 975 — hurricane losses 2,596 — core ffo attributable to common stockholders $ 592,137 333,957 ( 1 ) includes regency 's pro-rata share of unconsolidated investment partnerships , net of pro-rata share attributable to noncontrolling interests . 52 reconciliation of same property noi to nearest gaap measure : our reconciliation of property revenues and property expenses to same property noi , on a pro-rata basis , is as follows : 2017 2016 ( in thousands ) same property other ( 1 ) total same property other ( 1 ) total net income attributable to common stockholders $ 340,455 ( 180,506 ) 159,949 278,322 ( 134,462 ) 143,860 less : management , transaction , and other fees — 26,158 26,158 — 25,327 25,327 gain on sale of real estate , net of tax — 27,432 27,432 — 47,321 47,321 other ( 2 ) 33,935 13,422 47,357 5,849 10,295 16,144 plus : depreciation and amortization 308,311 25,890 334,201 146,708 15,619 162,327 general and administrative — 67,624 67,624 — 65,327 65,327 other operating expense , excluding provision for doubtful accounts 906 74,590 75,496 1,966 10,410 12,376 other expense ( income ) 44,745 96,348 141,093 28,335 119,731 148,066 equity in income ( loss ) of investments in real estate excluded from noi ( 3 ) 51,069 2,221 53,290 31,050 2,902 33,952 net income attributable to noncontrolling interests — 2,903 2,903 — 2,070 2,070 preferred stock dividends and issuance costs — 16,128 16,128 — 21,062 21,062 same property noi for non-ownership periods of equity one ( 4 ) 42,245 — 42,245 248,036 — 248,036 pro-rata noi , as adjusted $ 753,796 38,186 791,982 728,568 19,716 748,284 ( 1 ) includes revenues and expenses attributable to non-same property , sold property , development properties , corporate activities , and noncontrolling interests . ( 2 ) includes straight-line rental income and expense , net of reserves , above and below market rent amortization , other fees , and noncontrolling interest . ( 3 ) includes non-noi expenses incurred at our unconsolidated real estate partnerships , including those separated out above for our consolidated properties . ( 4 ) noi from equity one prior to the merger was derived from the accounting records of equity one without adjustment . equity one 's financial information for the period ended february 28 , 2017 and the period ended december 31 , 2016 was subject to a limited internal review by regency . the table below provides same property noi detail for the non-ownership periods of equity one . replace_table_token_27_th 53 liquidity and capital resources general we use cash flows generated from operating , investing , and financing activities to strengthen our balance sheet , finance our development and redevelopment projects , fund our investment activities , and maintain financial flexibility . we continuously monitor the capital markets and evaluate our ability to issue new debt or equity , to repay maturing debt , or fund our capital commitments . except for the $ 500 million of unsecured public and private placement debt assumed with the equity one merger on march 1 , 2017 , our parent company has no capital commitments other than its guarantees of the commitments of our operating partnership . all remaining debt is held by our operating partnership or by our co-investment partnerships . the operating partnership is a co-issuer and a guarantor on the $ 500 million of outstanding debt of our parent company assumed in the equity one merger . the parent company will from time to time access the capital markets for the purpose of issuing new equity and will simultaneously contribute all of the offering proceeds to the operating partnership in exchange for additional partnership units . based upon our available sources of capital , our current credit ratings , and the number of high quality , unencumbered properties we own , we believe our available capital resources are sufficient to meet our expected capital needs . in addition

