on may 10 , 2018 , we sold the residence inn in tampa , fl for approximately $ 24.0 million in cash . the sale resulted in a gain of approximately $ 400,000 for the year ended december 31 , 2018 and is included in “ gain ( loss ) on sale of hotel properties ” 46 in the consolidated statement of operations . the company also repaid approximately $ 22.5 million of debt associated with the hotel property . on june 13 , 2018 , we refinanced seven mortgage loans with existing outstanding balances totaling $ 1.068 billion . the new financing is comprised of six separate mortgage loans that total approximately $ 1.270 billion . each has a two-year initial term with five one-year extension options , subject to the satisfaction of certain conditions . the original principal amounts of each mortgage loan and the hotel properties securing each mortgage loan are set forth in the following table : mortgage loan principal amount ( in thousands ) interest rate secured hotel properties a $ 180,720 libor + 3.65 % courtyard columbus tipton lakes courtyard scottsdale old town residence inn phoenix airport springhill suites manhattan beach springhill suites plymouth meeting residence inn las vegas hughes center residence inn newark b $ 174,400 libor + 3.39 % courtyard newark springhill suites bwi courtyard oakland airport courtyard plano legacy residence inn plano towneplace suites manhattan beach courtyard basking ridge c $ 221,040 libor + 3.73 % sheraton san diego mission valley sheraton bucks county hilton ft. worth hyatt regency coral gables hilton minneapolis d $ 262,640 libor + 4.02 % hilton santa fe embassy suites dulles marriott beverly hills one ocean marriott suites dallas market center e ( 1 ) $ 216,320 libor + 4.36 % marriott memphis east embassy suites philadelphia airport sheraton anchorage lakeway resort & spa marriott fremont f $ 215,120 libor + 3.68 % w atlanta downtown embassy suites flagstaff embassy suites walnut creek marriott bridgewater marriott durham research triangle park _ ( 1 ) on july 3 , 2018 , we purchased $ 56.3 million of mezzanine debt related to the pool e loan that was issued in conjunction with the june 13 , 2018 refinancing . the net floating interest rate after the purchase of the pool e loan is libor + 2.73 % . on june 26 , 2018 , ashford trust entered into the enhanced return funding program agreement and amendment no . 1 to the amended and restated advisory agreement ( the “ erfp agreement ” ) with ashford inc. and ashford llc . the erfp agreement amended our amended and restated advisory agreement , among other things , to name ashford inc. and its subsidiaries as the company 's sole and exclusive provider of asset management , project management and other services offered by ashford inc. or any of its subsidiaries and to revise the payment terms such that the base fee and reimbursable expenses will be paid monthly . the independent members of the board of directors of each of ashford inc. and us , with the assistance of separate and independent legal counsel , engaged to negotiate the erfp agreement on behalf of ashford inc. and us , respectively . the erfp agreement generally provides that ashford llc will provide funding to facilitate the acquisition of properties by ashford trust op that are recommended by ashford llc , in an aggregate amount of up to $ 50 million ( subject to increase to up to $ 100 million by mutual agreement ) . each funding will equal 10 % of the property acquisition price and will be made either at the time of the property acquisition or at any time generally within the two-year period following the date of such acquisition , in exchange for furniture , fixture and equipment for use at the acquired property or any other property owned by ashford trust op . the initial term of the erfp agreement is two years ( the “ initial term ” ) , unless earlier terminated pursuant to the terms of the erfp agreement . at the end of the initial term , the erfp agreement shall automatically renew for successive one-year 47 periods ( each such period a “ renewal term ” ) unless either ashford inc. or ashford trust provides written notice to the other at least sixty days in advance of the expiration of the initial term or renewal term , as applicable , that such notifying party intends not to renew the erfp agreement . on june 29 , 2018 , the company acquired a 100 % interest in the 252 -room hilton alexandria old town in alexandria , virginia for $ 111.0 million before acquisition costs . in connection with our acquisition ashford llc was obligated to provide us with approximately $ 11.1 million in exchange for ff & e at our hotel properties . as of december 31 , 2018 , ashford trust had received $ 11.1 million of cash in exchange for ff & e that was subsequently leased back to ashford trust rent-free under the erfp agreement . on july 3 , 2018 , we purchased $ 56.3 million of mezzanine debt related to the pool e loan that was issued in conjunction with the june 13 , 2018 refinancing . the net floating interest rate after the purchase of the pool e loan is libor + 2.73 % . on august 8 , 2018 , in connection with ashford inc. 's acquisition of premier from remington lodging , we : ( i ) amended and restated our mutual exclusivity agreement and hotel master management agreement with remington lodging , in each case to apply only with respect to property management ( and not project management ) services ; and ( ii ) entered into a mutual exclusivity agreement and master project management with premier , in each case to apply with respect to project management services . story_separator_special_tag unrealized gain ( loss ) on derivatives . unrealized loss on derivatives de creased $ 624,000 or 22.3 % , to $ 2.2 million during 2018 compared to 2017 . in 2018 , we recognized unrealized losses of $ 2.7 million from interest rate caps and $ 488,000 from interest rate floors , partially offset by unrealized gains of $ 988,000 from cmbx tranches . in 2017 , we recognized unrealized losses of $ 4.2 million , $ 2.4 million and $ 758,000 associated with the remaining cmbx tranches , interest rate floors , and interest rate caps , respectively , partially offset by unrealized gains of $ 4.2 million associated with the reclassification to other income ( expense ) for the recognition of realized losses from cmbx tranche terminations and $ 427,000 associated with the reclassification to other income ( expense ) for maturities of options on futures contracts . the fair value of interest rate floors and interest rate derivatives are primarily based on movements in the libor forward curve and the passage of time . the fair value of options on futures contracts is determined based on the last reported settlement price as of the measurement date . the fair value of credit default swaps is based on the change in value of cmbx indices . income tax ( expense ) benefit . income tax ( expense ) benefit changed $ 5.0 million , from an income tax benefit of $ 2.2 million in 2017 to income tax expense of $ 2.8 million in 2018 . the change in income tax ( expense ) benefit is primarily due to an increase in taxable income recognized by our trs entities , which was partially due to the renewal of a significant portion of the company 's trs leases in january 2018 and is also partially due to having utilized all of our available trs net operating losses . ( income ) loss from consolidated entities attributable to noncontrolling interests . our noncontrolling interest partner in consolidated entities was allocated losses of $ 30,000 and $ 110,000 during 2018 and 2017 , respectively . net ( income ) loss attributable to redeemable noncontrolling interests in operating partnership . noncontrolling interests in our operating partnership were allocated their proportionate share of net loss of $ 29.3 million and $ 21.6 million in 2018 and 2017 , respectively . redeemable noncontrolling interests represented ownership interests of 14.64 % and 15.52 % in the operating partnership at december 31 , 2018 and 2017 , respectively . 52 comparison of year ended december 31 , 2017 with year ended december 31 , 2016 all hotel properties owned during the years ended december 31 , 2017 and 2016 have been included in our results of operations during the respective periods in which they were owned . based on when a hotel property was acquired or disposed , operating results for certain hotel properties are not comparable for the years ended december 31 , 2017 and 2016 . the hotel properties listed below are not comparable hotel properties for the periods indicated and all other hotel properties are considered comparable hotel properties . the following acquisitions and dispositions affect reporting comparability related to our consolidated financial statements : replace_table_token_12_th ( 1 ) collectively referred to as “ hotel dispositions ” the following table illustrates the key performance indicators of the hotel properties and worldquest included in our results of operations : replace_table_token_13_th the following table illustrates the key performance indicators of the 120 hotel properties and worldquest that were included for the full years ended december 31 , 2017 and 2016 , respectively : replace_table_token_14_th net income ( loss ) attributable to the company . net loss attributable to the company increased $ 20.7 million , from $ 46.3 million for the year ended december 31 , 2016 ( “ 2016 ” ) to $ 67.0 million for the year ended december 31 , 2017 ( “ 2017 ” ) as a result of the factors discussed below . revenue . rooms revenue from our hotel properties and worldquest decreased $ 37.1 million , or 3.1 % , to $ 1.1 billion during 2017 compared to 2016. this decrease is primarily attributable to lower rooms revenue of $ 54.3 million related to our hotel dispositions , partially offset by higher rooms revenue of $ 17.3 million from our comparable hotel properties and worldquest , which experienced a 1.4 % increase in room rates and a 32 basis point increase in occupancy . food and beverage revenue decreased $ 18.4 million , or 7.3 % , to $ 234.8 million during 2017 compared to 2016. this decrease is attributable to lower food and beverage revenue of $ 9.4 million from our hotel dispositions and $ 9.0 million from our comparable hotel properties and worldquest . the decrease in our comparable hotel properties and worldquest is primarily attributable to approximately $ 1.6 million associated with the renovation of the dfw airport marriott in irving , texas and unfavorable year over year changes in the july 4th holiday calendar moving from the weekend to midweek . other hotel revenue , which consists mainly of internet access , parking , and spa , increased $ 1.3 million , or 2.3 % , to $ 58.2 million during 2017 compared to 2016. this increase is primarily attributable to higher other revenue of $ 3.0 million from our 53 comparable hotel properties and worldquest , partially offset by lower other revenue of $ 1.6 million from our hotel dispositions . other non-hotel revenue increased $ 1.4 million , or 81.1 % , to $ 3.2 million in 2017. hotel operating expenses . hotel operating expenses decreased $ 31.1 million , or 3.3 % , to $ 907.3 million during 2017 compared to 2016. hotel operating expenses consist of direct expenses from departments associated with revenue streams and indirect expenses associated with support departments and management fees . direct expenses decreased $

sources and uses of cash our principal sources of funds to meet our cash requirements include : cash on hand , positive cash flow from operations , capital market activities , property refinancing proceeds and asset sales . additionally , our principal uses of funds are expected to include possible operating shortfalls , owner-funded capital expenditures , dividends , new investments , and debt interest and principal payments . items that impacted our cash flow and liquidity during the periods indicated are summarized as follows : net cash flows provided by ( used in ) operating activities . net cash flows provided by operating activities , pursuant to our consolidated statements of cash flows , which includes changes in balance sheet items , were $ 181.6 million , $ 207.4 million and $ 179.7 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively . cash flows from operations were impacted by changes in hotel operations , the operating results of our 2018 , 2017 and 2016 hotel acquisitions and dispositions as well as the timing of collecting receivables from hotel guests , paying vendors , settling with related parties and settling with hotel managers . net cash flows provided by ( used in ) investing activities .


 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.
     ```sources and uses of cash our principal sources of funds to meet our cash requirements include : cash on hand , positive cash flow from operations , capital market activities , property refinancing proceeds and asset sales . additionally , our principal uses of funds are expected to include possible operating shortfalls , owner-funded capital expenditures , dividends , new investments , and debt interest and principal payments . items that impacted our cash flow and liquidity during the periods indicated are summarized as follows : net cash flows provided by ( used in ) operating activities . net cash flows provided by operating activities , pursuant to our consolidated statements of cash flows , which includes changes in balance sheet items , were $ 181.6 million , $ 207.4 million and $ 179.7 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively . cash flows from operations were impacted by changes in hotel operations , the operating results of our 2018 , 2017 and 2016 hotel acquisitions and dispositions as well as the timing of collecting receivables from hotel guests , paying vendors , settling with related parties and settling with hotel managers . net cash flows provided by ( used in ) investing activities .
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 Suspicious Activity Report : on may 10 , 2018 , we sold the residence inn in tampa , fl for approximately $ 24.0 million in cash . the sale resulted in a gain of approximately $ 400,000 for the year ended december 31 , 2018 and is included in “ gain ( loss ) on sale of hotel properties ” 46 in the consolidated statement of operations . the company also repaid approximately $ 22.5 million of debt associated with the hotel property . on june 13 , 2018 , we refinanced seven mortgage loans with existing outstanding balances totaling $ 1.068 billion . the new financing is comprised of six separate mortgage loans that total approximately $ 1.270 billion . each has a two-year initial term with five one-year extension options , subject to the satisfaction of certain conditions . the original principal amounts of each mortgage loan and the hotel properties securing each mortgage loan are set forth in the following table : mortgage loan principal amount ( in thousands ) interest rate secured hotel properties a $ 180,720 libor + 3.65 % courtyard columbus tipton lakes courtyard scottsdale old town residence inn phoenix airport springhill suites manhattan beach springhill suites plymouth meeting residence inn las vegas hughes center residence inn newark b $ 174,400 libor + 3.39 % courtyard newark springhill suites bwi courtyard oakland airport courtyard plano legacy residence inn plano towneplace suites manhattan beach courtyard basking ridge c $ 221,040 libor + 3.73 % sheraton san diego mission valley sheraton bucks county hilton ft. worth hyatt regency coral gables hilton minneapolis d $ 262,640 libor + 4.02 % hilton santa fe embassy suites dulles marriott beverly hills one ocean marriott suites dallas market center e ( 1 ) $ 216,320 libor + 4.36 % marriott memphis east embassy suites philadelphia airport sheraton anchorage lakeway resort & spa marriott fremont f $ 215,120 libor + 3.68 % w atlanta downtown embassy suites flagstaff embassy suites walnut creek marriott bridgewater marriott durham research triangle park _ ( 1 ) on july 3 , 2018 , we purchased $ 56.3 million of mezzanine debt related to the pool e loan that was issued in conjunction with the june 13 , 2018 refinancing . the net floating interest rate after the purchase of the pool e loan is libor + 2.73 % . on june 26 , 2018 , ashford trust entered into the enhanced return funding program agreement and amendment no . 1 to the amended and restated advisory agreement ( the “ erfp agreement ” ) with ashford inc. and ashford llc . the erfp agreement amended our amended and restated advisory agreement , among other things , to name ashford inc. and its subsidiaries as the company 's sole and exclusive provider of asset management , project management and other services offered by ashford inc. or any of its subsidiaries and to revise the payment terms such that the base fee and reimbursable expenses will be paid monthly . the independent members of the board of directors of each of ashford inc. and us , with the assistance of separate and independent legal counsel , engaged to negotiate the erfp agreement on behalf of ashford inc. and us , respectively . the erfp agreement generally provides that ashford llc will provide funding to facilitate the acquisition of properties by ashford trust op that are recommended by ashford llc , in an aggregate amount of up to $ 50 million ( subject to increase to up to $ 100 million by mutual agreement ) . each funding will equal 10 % of the property acquisition price and will be made either at the time of the property acquisition or at any time generally within the two-year period following the date of such acquisition , in exchange for furniture , fixture and equipment for use at the acquired property or any other property owned by ashford trust op . the initial term of the erfp agreement is two years ( the “ initial term ” ) , unless earlier terminated pursuant to the terms of the erfp agreement . at the end of the initial term , the erfp agreement shall automatically renew for successive one-year 47 periods ( each such period a “ renewal term ” ) unless either ashford inc. or ashford trust provides written notice to the other at least sixty days in advance of the expiration of the initial term or renewal term , as applicable , that such notifying party intends not to renew the erfp agreement . on june 29 , 2018 , the company acquired a 100 % interest in the 252 -room hilton alexandria old town in alexandria , virginia for $ 111.0 million before acquisition costs . in connection with our acquisition ashford llc was obligated to provide us with approximately $ 11.1 million in exchange for ff & e at our hotel properties . as of december 31 , 2018 , ashford trust had received $ 11.1 million of cash in exchange for ff & e that was subsequently leased back to ashford trust rent-free under the erfp agreement . on july 3 , 2018 , we purchased $ 56.3 million of mezzanine debt related to the pool e loan that was issued in conjunction with the june 13 , 2018 refinancing . the net floating interest rate after the purchase of the pool e loan is libor + 2.73 % . on august 8 , 2018 , in connection with ashford inc. 's acquisition of premier from remington lodging , we : ( i ) amended and restated our mutual exclusivity agreement and hotel master management agreement with remington lodging , in each case to apply only with respect to property management ( and not project management ) services ; and ( ii ) entered into a mutual exclusivity agreement and master project management with premier , in each case to apply with respect to project management services . story_separator_special_tag unrealized gain ( loss ) on derivatives . unrealized loss on derivatives de creased $ 624,000 or 22.3 % , to $ 2.2 million during 2018 compared to 2017 . in 2018 , we recognized unrealized losses of $ 2.7 million from interest rate caps and $ 488,000 from interest rate floors , partially offset by unrealized gains of $ 988,000 from cmbx tranches . in 2017 , we recognized unrealized losses of $ 4.2 million , $ 2.4 million and $ 758,000 associated with the remaining cmbx tranches , interest rate floors , and interest rate caps , respectively , partially offset by unrealized gains of $ 4.2 million associated with the reclassification to other income ( expense ) for the recognition of realized losses from cmbx tranche terminations and $ 427,000 associated with the reclassification to other income ( expense ) for maturities of options on futures contracts . the fair value of interest rate floors and interest rate derivatives are primarily based on movements in the libor forward curve and the passage of time . the fair value of options on futures contracts is determined based on the last reported settlement price as of the measurement date . the fair value of credit default swaps is based on the change in value of cmbx indices . income tax ( expense ) benefit . income tax ( expense ) benefit changed $ 5.0 million , from an income tax benefit of $ 2.2 million in 2017 to income tax expense of $ 2.8 million in 2018 . the change in income tax ( expense ) benefit is primarily due to an increase in taxable income recognized by our trs entities , which was partially due to the renewal of a significant portion of the company 's trs leases in january 2018 and is also partially due to having utilized all of our available trs net operating losses . ( income ) loss from consolidated entities attributable to noncontrolling interests . our noncontrolling interest partner in consolidated entities was allocated losses of $ 30,000 and $ 110,000 during 2018 and 2017 , respectively . net ( income ) loss attributable to redeemable noncontrolling interests in operating partnership . noncontrolling interests in our operating partnership were allocated their proportionate share of net loss of $ 29.3 million and $ 21.6 million in 2018 and 2017 , respectively . redeemable noncontrolling interests represented ownership interests of 14.64 % and 15.52 % in the operating partnership at december 31 , 2018 and 2017 , respectively . 52 comparison of year ended december 31 , 2017 with year ended december 31 , 2016 all hotel properties owned during the years ended december 31 , 2017 and 2016 have been included in our results of operations during the respective periods in which they were owned . based on when a hotel property was acquired or disposed , operating results for certain hotel properties are not comparable for the years ended december 31 , 2017 and 2016 . the hotel properties listed below are not comparable hotel properties for the periods indicated and all other hotel properties are considered comparable hotel properties . the following acquisitions and dispositions affect reporting comparability related to our consolidated financial statements : replace_table_token_12_th ( 1 ) collectively referred to as “ hotel dispositions ” the following table illustrates the key performance indicators of the hotel properties and worldquest included in our results of operations : replace_table_token_13_th the following table illustrates the key performance indicators of the 120 hotel properties and worldquest that were included for the full years ended december 31 , 2017 and 2016 , respectively : replace_table_token_14_th net income ( loss ) attributable to the company . net loss attributable to the company increased $ 20.7 million , from $ 46.3 million for the year ended december 31 , 2016 ( “ 2016 ” ) to $ 67.0 million for the year ended december 31 , 2017 ( “ 2017 ” ) as a result of the factors discussed below . revenue . rooms revenue from our hotel properties and worldquest decreased $ 37.1 million , or 3.1 % , to $ 1.1 billion during 2017 compared to 2016. this decrease is primarily attributable to lower rooms revenue of $ 54.3 million related to our hotel dispositions , partially offset by higher rooms revenue of $ 17.3 million from our comparable hotel properties and worldquest , which experienced a 1.4 % increase in room rates and a 32 basis point increase in occupancy . food and beverage revenue decreased $ 18.4 million , or 7.3 % , to $ 234.8 million during 2017 compared to 2016. this decrease is attributable to lower food and beverage revenue of $ 9.4 million from our hotel dispositions and $ 9.0 million from our comparable hotel properties and worldquest . the decrease in our comparable hotel properties and worldquest is primarily attributable to approximately $ 1.6 million associated with the renovation of the dfw airport marriott in irving , texas and unfavorable year over year changes in the july 4th holiday calendar moving from the weekend to midweek . other hotel revenue , which consists mainly of internet access , parking , and spa , increased $ 1.3 million , or 2.3 % , to $ 58.2 million during 2017 compared to 2016. this increase is primarily attributable to higher other revenue of $ 3.0 million from our 53 comparable hotel properties and worldquest , partially offset by lower other revenue of $ 1.6 million from our hotel dispositions . other non-hotel revenue increased $ 1.4 million , or 81.1 % , to $ 3.2 million in 2017. hotel operating expenses . hotel operating expenses decreased $ 31.1 million , or 3.3 % , to $ 907.3 million during 2017 compared to 2016. hotel operating expenses consist of direct expenses from departments associated with revenue streams and indirect expenses associated with support departments and management fees . direct expenses decreased $

