to implement articles of incorporation that enabled us to satisfy the requirements under the code and otherwise to address concerns related to stock ownership , our predecessor , gaylord entertainment company , formerly a delaware corporation ( gaylord ) , formed and merged with and into ryman hospitality properties , inc. ( formerly known as granite hotel properties , inc. ) , a delaware corporation ( ryman ) , effective october 1 , 2012 ( the merger ) . the merger was approved by the stockholders of gaylord at a special meeting of stockholders held on september 25 , 2012. as a result of the merger , the outstanding shares of gaylord 's common stock converted into the right to receive the same number of shares of ryman 's common stock , and ryman succeeded to and began conducting , directly or indirectly , all of the business conducted by gaylord immediately prior to the merger . the rights of our stockholders are now governed by our amended and restated certificate of incorporation ( the charter ) and our amended and restated bylaws . the charter generally prohibits any stockholder from owning more than 9.8 % of the outstanding shares of our common stock or any other class or series of our stock . these ownership limitations are subject to waiver or modification by our board of directors . the shares of our common stock are trading on the new york stock exchange under the ticker symbol rhp . pursuant to rule 12g-3 ( a ) of the securities exchange act of 1934 , as amended ( the exchange act ) , shares of common stock of ryman , as successor to gaylord , are deemed to be registered under section 12 ( b ) of the exchange act . implementation of upreit and trs structure . to facilitate our qualification as a reit , we underwent a reorganization of our operations and corporate structure . we now operate as an umbrella partnership reit ( an upreit ) , which means that all of our assets are held by , and operations are conducted through , rhp hotel properties , lp , a subsidiary operating partnership ( the operating partnership ) that we formed in connection with the reit conversion . in the future , we may amend the limited partnership agreement of the operating partnership to provide that its partnership units will be convertible on a one-for-one basis for shares of our common stock . under certain circumstances , we may issue such partnership units as consideration to acquire hotel properties . by offering partnership units , the seller of such hotel property could defer federal income tax on any of the seller 's gains on sale , and this tax advantage may enable us to acquire hotel properties in the future which otherwise might not be available for sale . as a reit , at least 75 % of our gross income for each taxable year must generally be derived from rents from real property or other income permitted by the code . to meet this requirement , we implemented a structure under which our hotel properties are owned or leased by certain subsidiaries of the operating partnership , which are disregarded entities for federal income tax purposes , and these qualified reit subsidiaries lease or sublease our hotels to taxable reit subsidiaries ( each , a trs ) pursuant to leases that contain economic terms which are similar to a lease between unrelated parties . the rent that we receive from our trs lessees qualifies as rents from real property as long as the property is operated on behalf of our trs lessees by a person who qualifies as an independent contractor ( as defined in the code ) and who is , or is related to a person who is , actively engaged in the trade or business of operating qualified lodging facilities ( as defined in the code ) for any person unrelated to us and our trs lessees ( an eligible independent contractor ) . as described below , our trs lessees have engaged marriott to manage the day-to-day operations of our hotels as an eligible independent contractor . in addition , we own our opry and attractions businesses in trss , and certain of those trss have engaged marriott to manage their assets , as described below . marriott management . on october 1 , 2012 , we completed the marriott sale transaction pursuant to that certain purchase agreement , dated may 30 , 2012 , by and among gaylord , gaylord hotels , inc. , marriott hotel services , inc. , and marriott , pursuant to which we sold the gaylord hotels brand and rights to manage our gaylord hotels properties for $ 210 million in cash ( the marriott sale transaction ) . in connection with the marriott sale transaction , each of our trs lessees for our gaylord hotels properties is now a party to a management agreement ( one for each of our gaylord hotels properties ) and a pooling agreement with marriott . under the management agreements , on october 1 , 2012 , marriott assumed responsibility for managing the day-to-day operations of our gaylord hotels properties . we do not have the authority to require marriott to operate our gaylord hotels properties in a particular manner , although we do have consent and approval rights for certain matters under the hotel management agreements , subject to the limitations described therein . story_separator_special_tag we intend to leverage our existing hotel properties that continue the all-in-one-place self-contained service offerings , as well as a longer-term growth strategy that includes acquisitions of hotels , particularly in the group meetings sector of the hospitality industry , either alone or through joint venture or alliances with one or more third parties . we intend to pursue attractive investment opportunities which meet our acquisition parameters , specifically , group-oriented large hotels and overflow hotels with existing or potential leisure appeal . 39 key performance indicators the operating results of our hospitality segment as managed by marriott are highly dependent on the volume of customers at our hotels and the quality of the customer mix at our hotels . these factors impact the price that our third-party managers can charge for our hotel rooms and other amenities , such as food and beverage and meeting space . key performance indicators related to revenue are : hotel occupancy ( a volume indicator ) ; average daily rate ( adr ) ( a price indicator calculated by dividing room revenue by the number of rooms sold ) ; revenue per available room ( revpar ) ( a summary measure of hotel results calculated by dividing room revenue by room nights available to guests for the period ) ; total revenue per available room ( total revpar ) ( a summary measure of hotel results calculated by dividing the sum of room , food and beverage and other ancillary service revenue by room nights available to guests for the period ) ; and net definite room nights booked ( a volume indicator which represents the total number of definite bookings for future room nights at our hotels confirmed during the applicable period , net of cancellations ) . hospitality segment revenue from our occupied hotel rooms is recognized as earned on the close of business each day and from concessions and food and beverage sales at the time of the sale . attrition fees , which are charged to groups when they do not fulfill the minimum number of room nights or minimum food and beverage spending requirements originally contracted for , as well as cancellation fees , are recognized as revenue in the period they are collected . almost all of our hospitality segment revenues are either cash-based or , for meeting and convention groups meeting credit criteria , billed and collected on a short-term receivables basis . the hospitality industry is capital intensive , and we rely on the ability of our hotels to generate operating cash flow to repay debt financing and fund maintenance capital expenditures . the results of operations of our hospitality segment are affected by the number and type of group meetings and conventions scheduled to attend our hotels in a given period . our hotels attempt to offset any identified shortfalls in occupancy by creating special events or offering incentives to groups in order to attract increased business during this period . a variety of factors can affect the results of any interim period , including the nature and quality of the group meetings and conventions attending our hotels during such period , which meetings and conventions have often been contracted for several years in advance , the level of attrition our hotels experience , and the level of transient business at our hotels during such period . effective october 1 , 2012 , marriott assumed responsibility for managing these processes at our gaylord hotels properties and began managing the inn at opryland on december 1 , 2012. summary financial results the following table summarizes our financial results for the years ended december 31 , 2012 , 2011 and 2010 ( in thousands , except percentages and per share data ) : replace_table_token_7_th 2012 results as compared to 2011 results the increase in our total revenues during 2012 , as compared to 2011 , is attributable to an increase in our hospitality segment revenues of $ 29.4 million and an increase in our opry and attractions segment revenues of $ 5.1 million , as discussed more fully below . the 40 increase in revenues in our hospitality segment is attributable to increases of $ 24.8 million and $ 7.3 million at gaylord palms and gaylord national , respectively , partially offset by decreases in revenue of $ 3.1 million and $ 2.1 million at gaylord opryland and gaylord texan , respectively , as well as the effect of outsourcing retail operations at gaylord opryland , gaylord texan and gaylord national during the fourth quarter of 2012 , as described more fully below . total hospitality revenues in 2012 include $ 6.4 million in attrition and cancellation fee collections , a $ 2.8 million decrease from 2011. the increase in total operating expenses during 2012 , as compared to 2011 , is due primarily to $ 102.0 million in reit conversion costs during 2012 , an increase of $ 10.1 million in our hospitality segment operating expenses , and an increase of $ 6.4 million in our corporate and other segment operating expenses , as discussed more fully below . the above factors resulted in an operating loss of $ 4.8 million for 2012 , as compared to operating income of $ 79.5 million in 2011. our net loss was $ 26.6 million in 2012 , as compared to net income of $ 10.2 million in 2011 , due to the change in our operating income described above , partially offset by the following factors , each as described more fully below : a $ 23.2 million increase in other gains and losses for 2012 , as compared to 2011 , primarily associated with a $ 20.0 million gain on the sale of intellectual property to marriott in connection with the marriott sale transaction and $ 2.3 million received from the marketing and maintenance fund associated with the gaylord national bonds . a $ 16.1 million decrease in our interest expense , net of amounts capitalized

cash flows from investing activities . during 2012 , our primary sources of funds from investing activities were the receipt of $ 210.0 million from the marriott sale transaction , partially offset by the purchase of property and equipment totaling $ 95.2 million . our capital expenditures during 2012 primarily included the completion of the renovation of the guestrooms , a new sports bar entertainment facility and new resort pools at gaylord palms , the completion of the enhancement to our flood protection system at gaylord opryland and the grand ole opry , and ongoing maintenance capital expenditures for our existing properties . during 2011 , our primary uses of funds and investing activities were the purchase of property and equipment totaling $ 132.6 million , partially offset by the receipt of a $ 2.5 million principal payment on the bonds that were received in april 2008 in connection with the development of gaylord national and $ 1.9 million in proceeds from the sale of certain fixed assets . our capital expenditures during 2011 primarily included remaining flood-related projects at gaylord opryland , the commencement of renovation of the guestrooms , the addition of a sports bar entertainment facility and new resort pools at gaylord palms , the building of our new resort pool at gaylord texan , and various information technology projects , as well as ongoing maintenance capital expenditures for our existing properties . during 2010 , our primary uses of funds and investing activities were the purchase of property and equipment totaling $ 194.6 million , partially offset by the receipt of a $ 3.8 million payment on the bonds that were received in april 2008 in connection with the development of gaylord national . our capital expenditures during 2010 included construction at gaylord opryland , the grand ole opry and our corporate offices of $ 136.8 million , $ 16.7 million and $ 11.3 million , respectively , primarily related to rebuilding costs associated with the nashville flood , as well as ongoing maintenance capital expenditures at our other properties . cash flows from financing 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.
     ```cash flows from investing activities . during 2012 , our primary sources of funds from investing activities were the receipt of $ 210.0 million from the marriott sale transaction , partially offset by the purchase of property and equipment totaling $ 95.2 million . our capital expenditures during 2012 primarily included the completion of the renovation of the guestrooms , a new sports bar entertainment facility and new resort pools at gaylord palms , the completion of the enhancement to our flood protection system at gaylord opryland and the grand ole opry , and ongoing maintenance capital expenditures for our existing properties . during 2011 , our primary uses of funds and investing activities were the purchase of property and equipment totaling $ 132.6 million , partially offset by the receipt of a $ 2.5 million principal payment on the bonds that were received in april 2008 in connection with the development of gaylord national and $ 1.9 million in proceeds from the sale of certain fixed assets . our capital expenditures during 2011 primarily included remaining flood-related projects at gaylord opryland , the commencement of renovation of the guestrooms , the addition of a sports bar entertainment facility and new resort pools at gaylord palms , the building of our new resort pool at gaylord texan , and various information technology projects , as well as ongoing maintenance capital expenditures for our existing properties . during 2010 , our primary uses of funds and investing activities were the purchase of property and equipment totaling $ 194.6 million , partially offset by the receipt of a $ 3.8 million payment on the bonds that were received in april 2008 in connection with the development of gaylord national . our capital expenditures during 2010 included construction at gaylord opryland , the grand ole opry and our corporate offices of $ 136.8 million , $ 16.7 million and $ 11.3 million , respectively , primarily related to rebuilding costs associated with the nashville flood , as well as ongoing maintenance capital expenditures at our other properties . cash flows from financing activities .
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 Suspicious Activity Report : to implement articles of incorporation that enabled us to satisfy the requirements under the code and otherwise to address concerns related to stock ownership , our predecessor , gaylord entertainment company , formerly a delaware corporation ( gaylord ) , formed and merged with and into ryman hospitality properties , inc. ( formerly known as granite hotel properties , inc. ) , a delaware corporation ( ryman ) , effective october 1 , 2012 ( the merger ) . the merger was approved by the stockholders of gaylord at a special meeting of stockholders held on september 25 , 2012. as a result of the merger , the outstanding shares of gaylord 's common stock converted into the right to receive the same number of shares of ryman 's common stock , and ryman succeeded to and began conducting , directly or indirectly , all of the business conducted by gaylord immediately prior to the merger . the rights of our stockholders are now governed by our amended and restated certificate of incorporation ( the charter ) and our amended and restated bylaws . the charter generally prohibits any stockholder from owning more than 9.8 % of the outstanding shares of our common stock or any other class or series of our stock . these ownership limitations are subject to waiver or modification by our board of directors . the shares of our common stock are trading on the new york stock exchange under the ticker symbol rhp . pursuant to rule 12g-3 ( a ) of the securities exchange act of 1934 , as amended ( the exchange act ) , shares of common stock of ryman , as successor to gaylord , are deemed to be registered under section 12 ( b ) of the exchange act . implementation of upreit and trs structure . to facilitate our qualification as a reit , we underwent a reorganization of our operations and corporate structure . we now operate as an umbrella partnership reit ( an upreit ) , which means that all of our assets are held by , and operations are conducted through , rhp hotel properties , lp , a subsidiary operating partnership ( the operating partnership ) that we formed in connection with the reit conversion . in the future , we may amend the limited partnership agreement of the operating partnership to provide that its partnership units will be convertible on a one-for-one basis for shares of our common stock . under certain circumstances , we may issue such partnership units as consideration to acquire hotel properties . by offering partnership units , the seller of such hotel property could defer federal income tax on any of the seller 's gains on sale , and this tax advantage may enable us to acquire hotel properties in the future which otherwise might not be available for sale . as a reit , at least 75 % of our gross income for each taxable year must generally be derived from rents from real property or other income permitted by the code . to meet this requirement , we implemented a structure under which our hotel properties are owned or leased by certain subsidiaries of the operating partnership , which are disregarded entities for federal income tax purposes , and these qualified reit subsidiaries lease or sublease our hotels to taxable reit subsidiaries ( each , a trs ) pursuant to leases that contain economic terms which are similar to a lease between unrelated parties . the rent that we receive from our trs lessees qualifies as rents from real property as long as the property is operated on behalf of our trs lessees by a person who qualifies as an independent contractor ( as defined in the code ) and who is , or is related to a person who is , actively engaged in the trade or business of operating qualified lodging facilities ( as defined in the code ) for any person unrelated to us and our trs lessees ( an eligible independent contractor ) . as described below , our trs lessees have engaged marriott to manage the day-to-day operations of our hotels as an eligible independent contractor . in addition , we own our opry and attractions businesses in trss , and certain of those trss have engaged marriott to manage their assets , as described below . marriott management . on october 1 , 2012 , we completed the marriott sale transaction pursuant to that certain purchase agreement , dated may 30 , 2012 , by and among gaylord , gaylord hotels , inc. , marriott hotel services , inc. , and marriott , pursuant to which we sold the gaylord hotels brand and rights to manage our gaylord hotels properties for $ 210 million in cash ( the marriott sale transaction ) . in connection with the marriott sale transaction , each of our trs lessees for our gaylord hotels properties is now a party to a management agreement ( one for each of our gaylord hotels properties ) and a pooling agreement with marriott . under the management agreements , on october 1 , 2012 , marriott assumed responsibility for managing the day-to-day operations of our gaylord hotels properties . we do not have the authority to require marriott to operate our gaylord hotels properties in a particular manner , although we do have consent and approval rights for certain matters under the hotel management agreements , subject to the limitations described therein . story_separator_special_tag we intend to leverage our existing hotel properties that continue the all-in-one-place self-contained service offerings , as well as a longer-term growth strategy that includes acquisitions of hotels , particularly in the group meetings sector of the hospitality industry , either alone or through joint venture or alliances with one or more third parties . we intend to pursue attractive investment opportunities which meet our acquisition parameters , specifically , group-oriented large hotels and overflow hotels with existing or potential leisure appeal . 39 key performance indicators the operating results of our hospitality segment as managed by marriott are highly dependent on the volume of customers at our hotels and the quality of the customer mix at our hotels . these factors impact the price that our third-party managers can charge for our hotel rooms and other amenities , such as food and beverage and meeting space . key performance indicators related to revenue are : hotel occupancy ( a volume indicator ) ; average daily rate ( adr ) ( a price indicator calculated by dividing room revenue by the number of rooms sold ) ; revenue per available room ( revpar ) ( a summary measure of hotel results calculated by dividing room revenue by room nights available to guests for the period ) ; total revenue per available room ( total revpar ) ( a summary measure of hotel results calculated by dividing the sum of room , food and beverage and other ancillary service revenue by room nights available to guests for the period ) ; and net definite room nights booked ( a volume indicator which represents the total number of definite bookings for future room nights at our hotels confirmed during the applicable period , net of cancellations ) . hospitality segment revenue from our occupied hotel rooms is recognized as earned on the close of business each day and from concessions and food and beverage sales at the time of the sale . attrition fees , which are charged to groups when they do not fulfill the minimum number of room nights or minimum food and beverage spending requirements originally contracted for , as well as cancellation fees , are recognized as revenue in the period they are collected . almost all of our hospitality segment revenues are either cash-based or , for meeting and convention groups meeting credit criteria , billed and collected on a short-term receivables basis . the hospitality industry is capital intensive , and we rely on the ability of our hotels to generate operating cash flow to repay debt financing and fund maintenance capital expenditures . the results of operations of our hospitality segment are affected by the number and type of group meetings and conventions scheduled to attend our hotels in a given period . our hotels attempt to offset any identified shortfalls in occupancy by creating special events or offering incentives to groups in order to attract increased business during this period . a variety of factors can affect the results of any interim period , including the nature and quality of the group meetings and conventions attending our hotels during such period , which meetings and conventions have often been contracted for several years in advance , the level of attrition our hotels experience , and the level of transient business at our hotels during such period . effective october 1 , 2012 , marriott assumed responsibility for managing these processes at our gaylord hotels properties and began managing the inn at opryland on december 1 , 2012. summary financial results the following table summarizes our financial results for the years ended december 31 , 2012 , 2011 and 2010 ( in thousands , except percentages and per share data ) : replace_table_token_7_th 2012 results as compared to 2011 results the increase in our total revenues during 2012 , as compared to 2011 , is attributable to an increase in our hospitality segment revenues of $ 29.4 million and an increase in our opry and attractions segment revenues of $ 5.1 million , as discussed more fully below . the 40 increase in revenues in our hospitality segment is attributable to increases of $ 24.8 million and $ 7.3 million at gaylord palms and gaylord national , respectively , partially offset by decreases in revenue of $ 3.1 million and $ 2.1 million at gaylord opryland and gaylord texan , respectively , as well as the effect of outsourcing retail operations at gaylord opryland , gaylord texan and gaylord national during the fourth quarter of 2012 , as described more fully below . total hospitality revenues in 2012 include $ 6.4 million in attrition and cancellation fee collections , a $ 2.8 million decrease from 2011. the increase in total operating expenses during 2012 , as compared to 2011 , is due primarily to $ 102.0 million in reit conversion costs during 2012 , an increase of $ 10.1 million in our hospitality segment operating expenses , and an increase of $ 6.4 million in our corporate and other segment operating expenses , as discussed more fully below . the above factors resulted in an operating loss of $ 4.8 million for 2012 , as compared to operating income of $ 79.5 million in 2011. our net loss was $ 26.6 million in 2012 , as compared to net income of $ 10.2 million in 2011 , due to the change in our operating income described above , partially offset by the following factors , each as described more fully below : a $ 23.2 million increase in other gains and losses for 2012 , as compared to 2011 , primarily associated with a $ 20.0 million gain on the sale of intellectual property to marriott in connection with the marriott sale transaction and $ 2.3 million received from the marketing and maintenance fund associated with the gaylord national bonds . a $ 16.1 million decrease in our interest expense , net of amounts capitalized

