investment in hyperscale data centers in july 2020 and following an additional investment in october 2020 , the company , alongside fee bearing third party capital , invested $ 1.36 billion for approximately 90 % equity interest in entities that hold vantage data centers ' ( `` vantage `` ) portfolio of 12 stabilized hyperscale data centers in north america and $ 2.0 billion of secured indebtedness ( the “ vantage sdc ” ) . our balance sheet investment is $ 197 million , representing a 13 % equity interest . vantage sdc is our second significant balance sheet investment in a digital operating business and achieves our transformation goals on two fronts , the rotation of our balance sheet to digital assets and growing our digital investment management business . databank 's strategic investment in december 2020 , our databank subsidiary closed on its acquisition of zcolo , the colocation assets of zayo group holdings , inc. ( `` zayo `` ) , consisting of 39 data centers in the u.s and u.k. , for approximately $ 1.2 billion through a combination of debt and equity financing , including $ 0.5 billion of third party co-invest capital raised by us and a $ 188 million investment from our balance sheet ( decreased to approximately $ 145 million upon raising of additional third party capital in february 2021 which maintains our 20 % interest in databank ) . acquisition of zcolo 's remaining five data centers in france for $ 33.0 million closed in february 2021. the acquisition of zcolo accelerates databank 's edge and hybrid cloud strategy , complements its existing relationships and significantly expands its geographic footprint to a national scale in strategically important data center markets . digital colony partners ii or dcp ii in february 2021 , we held a closing of dcp ii , our second digital opportunistic fund , with total callable commitments of $ 4.2 billion , inclusive of $ 120 million of our commitments as general partner and limited partner . non-digital assets in september 2020 , we entered into a definitive agreement to sell five of the six hotel portfolios in our hospitality segment and our 55.6 % interest in the thl hotel portfolio in the other segment , with closing expected in the first half of 2021. the transaction is valued at approximately $ 2.8 billion , including gross aggregate selling price of $ 67.5 million and acquirer 's assumption of $ 2.7 billion of investment-level debt ( of which op share is approximately $ 2.3 billion ) . in february 2020 , we sold our equity investment in rxr realty , llc for proceeds of $ 179 million , net of tax , recording a gain of $ 97 million , net of tax . in april 2020 , we recapitalized a co-investment venture which holds common equity in the albertsons supermarket chain , generating $ 73 million of proceeds to us and realizing our share of gain of approximately $ 30 million , which allowed us to harvest approximately 70 % of the expected eventual value upfront . in august 2020 , we conveyed to a lender 36 properties in our senior housing operating portfolio , which served as underlying collateral , in satisfaction of $ 157.5 million of outstanding wellness infrastructure debt . 61 in december 2020 , we sold our 51 % interest in the bulk industrial portfolio to our joint venture partner , and received approximately $ 85 million in aggregate of net equity proceeds and distributions that we expect to redeploy into future digital assets . during 2020 , we recognized approximately $ 3.5 billion ( $ 2.6 billion attributable to op ) of impairment charges and unrealized and realized fair value losses on our non-digital assets , a majority of which was driven by our accelerated timeline to digital transformation . the following amounts were recorded in impairment loss , other loss , equity method losses , and within impairment loss in discontinued operations on the statement of operations : $ 2.0 billion ( $ 1.5 billion attributable to op ) impairment on real estate and related asset group , primarily hotel and wellness infrastructure properties , based upon ( i ) shortened hold period assumptions on the assets , primarily driven by the company 's accelerated digital transformation and further exacerbated by a decline in property operating performance and market values as a result of the economic effects of covid-19 , and ( ii ) recoverable value from sale of the thl hotel portfolio ; $ 594 million impairment of goodwill in the other investment management segment , driven by acceleration of the company 's digital transformation and a significant reduction in the value of its non-digital balance sheet assets ; $ 275 million impairment on our equity investment in clnc as the shortfall in market value over carrying value of our clnc investment was not expected to be recovered in the near term ; $ 296 million ( $ 97 million attributable to op ) of impairment and fair value decreases on other equity method investments , generally reflecting a decrease in recoverable values based upon revised exit strategies in light of our accelerated digital transformation and the economic effects of covid-19 ; and $ 324 million ( $ 77 million attributable to op ) of net unrealized and realized losses on loans receivable carried at fair value as recoverability is affected by increasing uncertainty and deterioration in the economic environment arising from the effects of covid-19 . results of operations the following table summarizes our results from continuing operations by reportable segment . story_separator_special_tag other loss , net we recognized other net loss of $ 211.1 million in 2020 and $ 194.1 million in 2019 , driven primarily by the following : 2020 $ 323.7 million ( $ 77.4 million attributable to op ) of net unrealized and realized losses on loans receivable carried at fair value as recoverability is affected by increasing uncertainty and deterioration in the economic environment arising from the effects of covid-19 ( fair value option was elected on loans receivable beginning 2020 ) ; $ 24.7 million of unrealized credit losses on cre debt securities ; and $ 20.4 million increase in the settlement liability to blackwells , driven by an increase in the clny stock price ; partially offset by : realized gain of $ 60.7 million and recognition of future profit allocation at fair value of $ 66.0 million ( $ 32.3 million attributable to op ) from recapitalization in april 2020 of our co-investment venture which holds common equity in the albertsons supermarket chain , followed by $ 16.0 million unrealized gain from subsequent increase in share price . 69 2019 realized and unrealized loss totaling $ 239.3 million on a non-designated interest rate swap that was intended to hedge future refinancing risk on certain wellness infrastructure mortgage debt . such debt was refinanced in june 2019 and the swap was terminated at the end of 2019 ; partially offset by : $ 51.4 million gain from remeasurement of our 50 % interest in dcm upon closing of the dbh acquisition ( note 3 to the consolidated financial statements ) . income tax benefit ( expense ) we recognized income tax benefit of $ 10.0 million in 2020 and income tax expense of $ 14.0 million in 2019. the income tax benefit is attributed primarily to deferred tax benefit recognized in connection with our databank subsidiary and our oed portfolio , partially offset by the following : ( i ) valuation allowance established against deferred tax assets in our wellness infrastructure business due to uncertainties in future realization of net operating losses ; ( ii ) income tax expense on a gain from sale of our equity investment in rxr realty in february 2020 ; and ( iii ) deferred tax expense related to our wellness infrastructure business due to revaluation of deferred tax balances necessitated by a change in income tax rates in u.k. the income tax expense in 2019 arose primarily from gains recognized on remeasurement of our preexisting interest in dcm upon the acquisition of dbh and from the sale of the industrial management platform . 70 income ( loss ) from discontinued operations replace_table_token_12_th hotel discontinued operations of the hotel business represent our hospitality segment and the thl hotel portfolio that was previously reported in the other segment . loss from discontinued operations increased $ 1.21 billion , attributable to the following : impairment loss was $ 1.1 billion in 2020. impairment resulted principally from shortened hold period assumptions , attributable to both the company 's accelerated digital transformation , and the risk that the company is unable to obtain accommodation from lenders on non-recourse mortgage debt that is in default . these assumptions resulted in a shortfall in projected future cash flows , which was further exacerbated by a decline in property operating performance and market values as a result of the economic effects of covid-19 , such that the carrying value of the hotel assets would not be recoverable . additional impairment was recorded based upon pending sales price net of selling costs . in comparison , $ 59.9 million of impairment was recorded in 2019 on hotel assets based upon shortened hold period assumptions , unfavorable operating performance , or based upon final net proceeds from sales . operating losses in 2020 reflect the loss of net income from sale of hotel properties in 2019 and the economic effects of covid-19 . there was a significant decline in room demand with average occupancy at 52 % in 2020 71 compared to 73 % in 2019. this was further compounded by lower average daily rate ( `` adr `` ) , resulting in a 40 % decline in revenue per available room ( `` revpar `` ) compared to 2019. transaction costs in 2020 are related to fees for advisory and legal services in connection with debt refinancing , portfolio restructuring and pending sale of the hotels . the higher income tax expense is attributed to valuation allowance established against deferred tax assets in the hotel portfolio as a result of uncertainties in future realization of net operating losses and taking into consideration a decrease in the value of these properties . the increase in loss from discontinued operations was partially offset by : decrease in interest expense , driven by a decline in libor on predominantly variable rate debt on our hotel portfolio , partially offset by additional hotel debt obtained in connection with debt refinancing in 2019 and higher deferred financing costs expensed as a result of the refinancing ; decrease in depreciation and amortization expense due to a lower basis on our hotel properties after significant impairment charges in 2020 and cessation of depreciation on hotels held for sale beginning fourth quarter of 2020 , partially offset by capital improvements and fixed asset additions in our hotel properties that were completed throughout 2019 and early 2020 ; and write-off of contingent liability on the thl hotel portfolio ( recorded as other gain ) as it is no longer probable that such payment would be made to a former preferred equity holder following the adverse effects of covid-19 on the operations and performance of the thl hotel portfolio . industrial results of discontinued operations in 2020 represent ( i ) operations of the bulk industrial portfolio prior to its sale in december 2020 and a gain on sale recorded based upon depreciated carrying values ; and ( ii ) final adjustments to proceeds from the december 2019 sale

debt descriptions of our debt and future scheduled debt principal payments are included in `` item 15. exhibits and financial statement schedules '' of this annual report , specifically in note 10 to the consolidated financial statements ( and note 8 for debt related to assets held for disposition ) . summary of indebtedness our indebtedness at december 31 , 2020 is summarized as follows : replace_table_token_28_th ( 1 ) calculated based upon initial maturity dates , or extended maturity dates if extension criteria are met and extension is available at the company 's option ( 2 ) debt secured by corporate aircraft was repaid in january 2021 upon sale of the aircraft . ( 3 ) composed of $ 2.7 billion of debt expected to be assumed by the buyer upon sale of hotel assets and $ 780 million of hotel debt that is currently under receivership . recent developments corporate credit facility we amended our credit agreement in june 2020 , which reduced aggregate revolving commitments and increased the borrowing rate . the amended terms provide for greater financial covenant flexibility and more borrowing base credit for digital investments . we exercised our first 6-month extension option in december 2020. at this time , we expect to either exercise our second extension option or otherwise replace the existing credit facility . key terms and current status of our corporate credit facility are as follows : ▪ maximum principal amount of $ 450 million ( which will be reduced to $ 400 million on march 31 , 2021 ) ▪ maturity of july 2021 , with one remaining six-month extension option ▪ interest rate of libor + 2.75 % ▪ full $ 450 million available to be drawn as of the date of this filing convertible and exchangeable senior notes in july 2020 , we issued $ 300 million of exchangeable senior notes maturing in july 2025 , bearing interest at 5.75 % per annum , and repaid $ 402.5 million of convertible notes due in january 2021 , which allowed us to reduce our near term maturity obligations while also preserving $ 300 million of liquidity .


 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.
     ```debt descriptions of our debt and future scheduled debt principal payments are included in `` item 15. exhibits and financial statement schedules '' of this annual report , specifically in note 10 to the consolidated financial statements ( and note 8 for debt related to assets held for disposition ) . summary of indebtedness our indebtedness at december 31 , 2020 is summarized as follows : replace_table_token_28_th ( 1 ) calculated based upon initial maturity dates , or extended maturity dates if extension criteria are met and extension is available at the company 's option ( 2 ) debt secured by corporate aircraft was repaid in january 2021 upon sale of the aircraft . ( 3 ) composed of $ 2.7 billion of debt expected to be assumed by the buyer upon sale of hotel assets and $ 780 million of hotel debt that is currently under receivership . recent developments corporate credit facility we amended our credit agreement in june 2020 , which reduced aggregate revolving commitments and increased the borrowing rate . the amended terms provide for greater financial covenant flexibility and more borrowing base credit for digital investments . we exercised our first 6-month extension option in december 2020. at this time , we expect to either exercise our second extension option or otherwise replace the existing credit facility . key terms and current status of our corporate credit facility are as follows : ▪ maximum principal amount of $ 450 million ( which will be reduced to $ 400 million on march 31 , 2021 ) ▪ maturity of july 2021 , with one remaining six-month extension option ▪ interest rate of libor + 2.75 % ▪ full $ 450 million available to be drawn as of the date of this filing convertible and exchangeable senior notes in july 2020 , we issued $ 300 million of exchangeable senior notes maturing in july 2025 , bearing interest at 5.75 % per annum , and repaid $ 402.5 million of convertible notes due in january 2021 , which allowed us to reduce our near term maturity obligations while also preserving $ 300 million of liquidity .
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 Suspicious Activity Report : investment in hyperscale data centers in july 2020 and following an additional investment in october 2020 , the company , alongside fee bearing third party capital , invested $ 1.36 billion for approximately 90 % equity interest in entities that hold vantage data centers ' ( `` vantage `` ) portfolio of 12 stabilized hyperscale data centers in north america and $ 2.0 billion of secured indebtedness ( the “ vantage sdc ” ) . our balance sheet investment is $ 197 million , representing a 13 % equity interest . vantage sdc is our second significant balance sheet investment in a digital operating business and achieves our transformation goals on two fronts , the rotation of our balance sheet to digital assets and growing our digital investment management business . databank 's strategic investment in december 2020 , our databank subsidiary closed on its acquisition of zcolo , the colocation assets of zayo group holdings , inc. ( `` zayo `` ) , consisting of 39 data centers in the u.s and u.k. , for approximately $ 1.2 billion through a combination of debt and equity financing , including $ 0.5 billion of third party co-invest capital raised by us and a $ 188 million investment from our balance sheet ( decreased to approximately $ 145 million upon raising of additional third party capital in february 2021 which maintains our 20 % interest in databank ) . acquisition of zcolo 's remaining five data centers in france for $ 33.0 million closed in february 2021. the acquisition of zcolo accelerates databank 's edge and hybrid cloud strategy , complements its existing relationships and significantly expands its geographic footprint to a national scale in strategically important data center markets . digital colony partners ii or dcp ii in february 2021 , we held a closing of dcp ii , our second digital opportunistic fund , with total callable commitments of $ 4.2 billion , inclusive of $ 120 million of our commitments as general partner and limited partner . non-digital assets in september 2020 , we entered into a definitive agreement to sell five of the six hotel portfolios in our hospitality segment and our 55.6 % interest in the thl hotel portfolio in the other segment , with closing expected in the first half of 2021. the transaction is valued at approximately $ 2.8 billion , including gross aggregate selling price of $ 67.5 million and acquirer 's assumption of $ 2.7 billion of investment-level debt ( of which op share is approximately $ 2.3 billion ) . in february 2020 , we sold our equity investment in rxr realty , llc for proceeds of $ 179 million , net of tax , recording a gain of $ 97 million , net of tax . in april 2020 , we recapitalized a co-investment venture which holds common equity in the albertsons supermarket chain , generating $ 73 million of proceeds to us and realizing our share of gain of approximately $ 30 million , which allowed us to harvest approximately 70 % of the expected eventual value upfront . in august 2020 , we conveyed to a lender 36 properties in our senior housing operating portfolio , which served as underlying collateral , in satisfaction of $ 157.5 million of outstanding wellness infrastructure debt . 61 in december 2020 , we sold our 51 % interest in the bulk industrial portfolio to our joint venture partner , and received approximately $ 85 million in aggregate of net equity proceeds and distributions that we expect to redeploy into future digital assets . during 2020 , we recognized approximately $ 3.5 billion ( $ 2.6 billion attributable to op ) of impairment charges and unrealized and realized fair value losses on our non-digital assets , a majority of which was driven by our accelerated timeline to digital transformation . the following amounts were recorded in impairment loss , other loss , equity method losses , and within impairment loss in discontinued operations on the statement of operations : $ 2.0 billion ( $ 1.5 billion attributable to op ) impairment on real estate and related asset group , primarily hotel and wellness infrastructure properties , based upon ( i ) shortened hold period assumptions on the assets , primarily driven by the company 's accelerated digital transformation and further exacerbated by a decline in property operating performance and market values as a result of the economic effects of covid-19 , and ( ii ) recoverable value from sale of the thl hotel portfolio ; $ 594 million impairment of goodwill in the other investment management segment , driven by acceleration of the company 's digital transformation and a significant reduction in the value of its non-digital balance sheet assets ; $ 275 million impairment on our equity investment in clnc as the shortfall in market value over carrying value of our clnc investment was not expected to be recovered in the near term ; $ 296 million ( $ 97 million attributable to op ) of impairment and fair value decreases on other equity method investments , generally reflecting a decrease in recoverable values based upon revised exit strategies in light of our accelerated digital transformation and the economic effects of covid-19 ; and $ 324 million ( $ 77 million attributable to op ) of net unrealized and realized losses on loans receivable carried at fair value as recoverability is affected by increasing uncertainty and deterioration in the economic environment arising from the effects of covid-19 . results of operations the following table summarizes our results from continuing operations by reportable segment . story_separator_special_tag other loss , net we recognized other net loss of $ 211.1 million in 2020 and $ 194.1 million in 2019 , driven primarily by the following : 2020 $ 323.7 million ( $ 77.4 million attributable to op ) of net unrealized and realized losses on loans receivable carried at fair value as recoverability is affected by increasing uncertainty and deterioration in the economic environment arising from the effects of covid-19 ( fair value option was elected on loans receivable beginning 2020 ) ; $ 24.7 million of unrealized credit losses on cre debt securities ; and $ 20.4 million increase in the settlement liability to blackwells , driven by an increase in the clny stock price ; partially offset by : realized gain of $ 60.7 million and recognition of future profit allocation at fair value of $ 66.0 million ( $ 32.3 million attributable to op ) from recapitalization in april 2020 of our co-investment venture which holds common equity in the albertsons supermarket chain , followed by $ 16.0 million unrealized gain from subsequent increase in share price . 69 2019 realized and unrealized loss totaling $ 239.3 million on a non-designated interest rate swap that was intended to hedge future refinancing risk on certain wellness infrastructure mortgage debt . such debt was refinanced in june 2019 and the swap was terminated at the end of 2019 ; partially offset by : $ 51.4 million gain from remeasurement of our 50 % interest in dcm upon closing of the dbh acquisition ( note 3 to the consolidated financial statements ) . income tax benefit ( expense ) we recognized income tax benefit of $ 10.0 million in 2020 and income tax expense of $ 14.0 million in 2019. the income tax benefit is attributed primarily to deferred tax benefit recognized in connection with our databank subsidiary and our oed portfolio , partially offset by the following : ( i ) valuation allowance established against deferred tax assets in our wellness infrastructure business due to uncertainties in future realization of net operating losses ; ( ii ) income tax expense on a gain from sale of our equity investment in rxr realty in february 2020 ; and ( iii ) deferred tax expense related to our wellness infrastructure business due to revaluation of deferred tax balances necessitated by a change in income tax rates in u.k. the income tax expense in 2019 arose primarily from gains recognized on remeasurement of our preexisting interest in dcm upon the acquisition of dbh and from the sale of the industrial management platform . 70 income ( loss ) from discontinued operations replace_table_token_12_th hotel discontinued operations of the hotel business represent our hospitality segment and the thl hotel portfolio that was previously reported in the other segment . loss from discontinued operations increased $ 1.21 billion , attributable to the following : impairment loss was $ 1.1 billion in 2020. impairment resulted principally from shortened hold period assumptions , attributable to both the company 's accelerated digital transformation , and the risk that the company is unable to obtain accommodation from lenders on non-recourse mortgage debt that is in default . these assumptions resulted in a shortfall in projected future cash flows , which was further exacerbated by a decline in property operating performance and market values as a result of the economic effects of covid-19 , such that the carrying value of the hotel assets would not be recoverable . additional impairment was recorded based upon pending sales price net of selling costs . in comparison , $ 59.9 million of impairment was recorded in 2019 on hotel assets based upon shortened hold period assumptions , unfavorable operating performance , or based upon final net proceeds from sales . operating losses in 2020 reflect the loss of net income from sale of hotel properties in 2019 and the economic effects of covid-19 . there was a significant decline in room demand with average occupancy at 52 % in 2020 71 compared to 73 % in 2019. this was further compounded by lower average daily rate ( `` adr `` ) , resulting in a 40 % decline in revenue per available room ( `` revpar `` ) compared to 2019. transaction costs in 2020 are related to fees for advisory and legal services in connection with debt refinancing , portfolio restructuring and pending sale of the hotels . the higher income tax expense is attributed to valuation allowance established against deferred tax assets in the hotel portfolio as a result of uncertainties in future realization of net operating losses and taking into consideration a decrease in the value of these properties . the increase in loss from discontinued operations was partially offset by : decrease in interest expense , driven by a decline in libor on predominantly variable rate debt on our hotel portfolio , partially offset by additional hotel debt obtained in connection with debt refinancing in 2019 and higher deferred financing costs expensed as a result of the refinancing ; decrease in depreciation and amortization expense due to a lower basis on our hotel properties after significant impairment charges in 2020 and cessation of depreciation on hotels held for sale beginning fourth quarter of 2020 , partially offset by capital improvements and fixed asset additions in our hotel properties that were completed throughout 2019 and early 2020 ; and write-off of contingent liability on the thl hotel portfolio ( recorded as other gain ) as it is no longer probable that such payment would be made to a former preferred equity holder following the adverse effects of covid-19 on the operations and performance of the thl hotel portfolio . industrial results of discontinued operations in 2020 represent ( i ) operations of the bulk industrial portfolio prior to its sale in december 2020 and a gain on sale recorded based upon depreciated carrying values ; and ( ii ) final adjustments to proceeds from the december 2019 sale

