in addition , the low natural gas prices have in the past caused many natural gas producers to curtail capital budgets and these cuts in spending curtailed drilling programs , as well as discretionary spending on well services in certain shale areas , and accordingly reduced demand for our services in these areas . as a result of the decline in oil prices that began in the fourth quarter of 2014 and continued throughout 2015 and 2016 , drilling and completion activities in the oil and `` wet `` gas basins such as the eagle ford , utica and bakken shale areas experienced a dramatic decline . accordingly , our customer base reduced their capital programs and drilling and completion activity levels during both 2015 and 2016. due to oil prices remaining more stable in early 2017 , we are beginning to see drilling and completion activities increase in all basins . we would expect continued stability or further price growth to lead to increased drilling and completion activities by our customer base during 2017 when compared to 2016. increased drilling and completion activities would likely lead to a higher demand for our services in 2017 ; however , there is no guarantee that oil prices will remain stable , drilling and completion activities in basins will continue to increase , or we will see an increase in a demand for our services in 2017 . 40 our results are also driven by a number of other factors , including ( i ) availability of our equipment , which we have built through acquisitions and capital expenditures , ( ii ) transportation costs , which are affected by fuel costs , ( iii ) utilization rates for our equipment , which are also affected by the level of our customers ' drilling and production activities and competition , and our ability to relocate our equipment to areas in which oil and natural gas exploration and production activities are growing , ( iv ) the availability of qualified drivers ( or alternatively , subcontractors ) in the areas in which we operate , particularly in the bakken and marcellus/utica shale areas , ( v ) labor costs , which decreased during 2016 but are expected to increase during 2017 , ( vi ) developments in governmental regulations , ( vii ) seasonality and weather events ( viii ) pricing and ( ix ) our health , safety and environmental performance record . the following table summarizes our total revenues , loss from continuing operations before income taxes , loss from continuing operations and ebitda ( defined below ) for the years ended december 31 , 2016 , 2015 and 2014 ( in thousands ) : replace_table_token_6_th _ ( a ) represents revenues that are derived from predominantly oil-rich areas consisting of the bakken , eagle ford , mississippian and tuscaloosa marine shale areas ( prior to our substantial exit from the mississippian and tuscaloosa marine basins during the three months ended march 31 , 2015 ) . note that the utica shale area was previously included in the oil shale areas until the three months ended september 30 , 2015 when it was reclassified as a natural gas shale area . ( b ) represents revenues that are derived from predominantly natural gas-rich areas consisting of the marcellus , utica , haynesville and barnett shale areas ( prior to our substantial exit from the barnett basin during the three months ended march 31 , 2014 ) . note that the utica shale area was previously included in the oil shale areas until the three months ended september 30 , 2015 when it was reclassified as a natural gas shale area . ( c ) defined as consolidated net loss from continuing operations before net interest expense , income taxes and depreciation and amortization . ebitda is not a recognized measure under generally accepted accounting principles in the united states ( “ gaap ” ) . see the reconciliation between loss from continuing operations and ebitda under “ item 7. liquidity and capital resources - ebitda . ” ( d ) the financial covenants referred to in note 9 in the notes to the consolidated financial statements are based on ebitda adjusted for certain items as defined in the debt agreements . most notably , long-lived asset and goodwill impairments are allowed to be adjusted out of ebitda in calculating the adjusted ebitda for the asset-based revolving credit facility financial covenant . 41 results of operations year ended december 31 , 2016 compared to the year ended december 31 , 2015 the following table sets forth for each of the periods indicated our statements of operations data and expresses revenue and expense data as a percentage of total revenues for the periods presented ( dollars in thousands ) : replace_table_token_7_th non-rental revenue non-rental revenue consists of fees charged to customers for the sale and transportation of fresh water and saltwater by our fleet of logistics assets and or through water midstream assets owned by us to customer sites for use in drilling and completion activities and from customer sites to remove and dispose of flowback and produced water originating from oil and natural gas wells . non-rental revenue also includes fees for solids management services . non-rental revenue for the year ended december 31 , 2016 was $ 139.9 million , down $ 187.8 million , or 57.3 % , from $ 327.7 million for the year ended december 31 , 2015 . continued lower drilling and completion activities in all divisions during 2016 , as well as pricing pressures , led to lower non-rental revenue for the year ended december 31 , 2016 as compared to the year ended december 31 , 2015 . the primary driver of the decreased demand in the basins we serve was a 57 % decline in average operating oil rigs from those operating in the prior year . story_separator_special_tag in light of our continued losses , at december 31 , 2015 , we determined that our deferred tax liabilities were not sufficient to fully realize our deferred tax assets and , as a result , a valuation allowance continues to be required to be recorded against our deferred tax assets . accordingly , we recorded a valuation allowance of approximately $ 171.7 million as of december 31 , 2015. loss from discontinued operations loss from discontinued operations in the years ended december 31 , 2015 and 2014 represents the financial results of tfi , which comprised our industrial solutions business , which was sold in april of 2015. such loss , which is presented net of income taxes , was $ 0.3 million and $ 58.4 million for the years ended december 31 , 2015 and 2014 , respectively . the 2014 loss includes impairment charges of $ 74.4 million . liquidity and capital resources cash flows and liquidity our primary source of capital has historically been from borrowings available under our abl facility and term loan , with additional sources of capital in prior years from debt and equity accessed through the capital markets . our historical acquisition activity was highly capital intensive and required significant investments in order to expand our presence in existing shale basins , access new markets and to expand the breadth and scope of services we provide . additionally , we have historically issued equity as consideration in acquisition transactions . our sources of capital for 2016 included cash generated by our operations , restructuring transactions including borrowings from our term loan , asset sales and borrowings under our abl facility to the extent our borrowing base and financial covenants permitted such borrowings . cash generated by our operations alone is not sufficient to fund operations . at december 31 , 2016 our total indebtedness was $ 487.6 million . we have incurred losses from continuing operations of $ 167.6 million , $ 195.2 million and $ 457.2 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively , including impairments of goodwill and long-lived assets . at december 31 , 2016 we had cash and cash equivalents of $ 1.0 million and $ 11.6 million of net availability under the abl facility . the maturity date of our abl facility occurred on march 31 , 2017 , and , as a result , all commitments under the abl facility have been terminated , the lenders under the abl facility have no obligation to provide additional loans or otherwise extend credit under the abl facility , and all obligations under the abl facility are due and payable . as we have not repaid all outstanding obligations under the abl facility , we are in default under the abl facility and the lenders under the abl facility are entitled to exercise their rights and remedies . in addition , the default under the abl facility constituted an event of cross default under the term loan and the indentures governing the company 's 2018 notes and 2021 notes . the company does not have sufficient liquidity to repay the obligations under the abl facility , term loan , or indentures governing our 2018 notes and 2021 notes . in order to address our liquidity issues and provide for a restructuring of our indebtedness to improve our long-term capital structure , we have entered into a restructuring support agreement ( the “ restructuring support agreement ” ) with holders of over 80 % ( the “ supporting noteholders ” ) of our 2021 notes on april 9 , 2017. under the restructuring support agreement , the 47 supporting noteholders have agreed , subject to certain terms and conditions , to support a financial restructuring of nuverra ( the “ restructuring ” ) pursuant to a prepackaged plan of reorganization ( the “ plan ” ) to be filed in a case commenced under chapter 11 of the united states bankruptcy code ( “ chapter 11 ” ) . the company anticipates that it will file the plan on or before april 24 , 2017. among other terms and conditions , the restructuring support agreement provides for interim financing to the company prior to the filing of the plan , debtor in possession financing ( “ dip financing ” ) , a $ 150 million rights offering ( the “ rights offering ” ) and , if necessary after the rights offering , exit financing to fund required disbursements under the plan ( “ exit financing ” ) . the company anticipates that the restructuring will provide the company will sufficient liquidity to continue its operations ; however , there can be no assurances to that effect . there can also be no assurances that the company will be able to successfully implement the plan and consummate the restructuring . see the `` subsequent events related to indebtedness and restructuring plan `` discussions later in this section for further details on the restructuring . our consolidated financial statements have been prepared assuming that we will continue as a going concern , which contemplates continuity of operations , realization of assets , and liquidation of liabilities in the normal course of business . as reflected in the consolidated financial statements , we had an accumulated deficit at december 31 , 2016 and 2015 , and a net loss for the fiscal years ended december 31 , 2016 , 2015 and 2014. these factors , coupled with our large outstanding debt balance , raise substantial doubt about our ability to continue as a going concern . we are attempting to generate sufficient revenues and reduce costs ; however , our cash position may not be sufficient to support our daily operations if we are not successful . our ability to continue as a going concern is dependent upon our ability to generate sufficient liquidity to meet our obligations and operating needs . while we

net cash provided by investing activities was $ 14.7 million for the year ended december 31 , 2016 , which primarily consisted of $ 10.7 million of proceeds from the sale of property , plant and equipment , $ 5.0 million in proceeds from the sale of ugsi , and a $ 2.8 million decrease in restricted cash due primarily to the release of funds from escrow as a result of the completion of the post-closing working capital reconciliation related to the sale of tfi , partially offset by $ 3.8 million of purchases of property , plant and equipment . net cash provided by investing activities was $ 68.2 million for the year ended december 31 , 2015 which consisted primarily of $ 78.9 million of proceeds from the sale of tfi and $ 12.7 million of proceeds from the sale of property , plant and equipment , offset by $ 19.2 million of purchases of property , plant and equipment net cash used in investing activities was $ 45.5 million for the year ended december 31 , 2014 and consisted primarily of $ 55.7 million of purchases of property , plant and equipment , partially offset by $ 10.2 million in proceeds from sales of property , plant and equipment . financing activities net cash used in financing activities was $ 26.8 million for the year ended december 31 , 2016 and was primarily comprised of $ 79.2 million of net repayments on our abl facility and $ 6.6 million for payments under capital leases , notes payable and other financing activities , offset by $ 55.0 million in proceeds from the issuance of the new term loan and $ 5.0 million due to the issuance of 20,312,500 shares of our common stock to mr. johnsrud , our chairman and chief executive officer , on november 15 , 2016 as a result of our election not to proceed with the previously contemplated rights offering ( see note 12 in the notes to the consolidated financial statements for more information on the rights offering ) .


 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 investing activities was $ 14.7 million for the year ended december 31 , 2016 , which primarily consisted of $ 10.7 million of proceeds from the sale of property , plant and equipment , $ 5.0 million in proceeds from the sale of ugsi , and a $ 2.8 million decrease in restricted cash due primarily to the release of funds from escrow as a result of the completion of the post-closing working capital reconciliation related to the sale of tfi , partially offset by $ 3.8 million of purchases of property , plant and equipment . net cash provided by investing activities was $ 68.2 million for the year ended december 31 , 2015 which consisted primarily of $ 78.9 million of proceeds from the sale of tfi and $ 12.7 million of proceeds from the sale of property , plant and equipment , offset by $ 19.2 million of purchases of property , plant and equipment net cash used in investing activities was $ 45.5 million for the year ended december 31 , 2014 and consisted primarily of $ 55.7 million of purchases of property , plant and equipment , partially offset by $ 10.2 million in proceeds from sales of property , plant and equipment . financing activities net cash used in financing activities was $ 26.8 million for the year ended december 31 , 2016 and was primarily comprised of $ 79.2 million of net repayments on our abl facility and $ 6.6 million for payments under capital leases , notes payable and other financing activities , offset by $ 55.0 million in proceeds from the issuance of the new term loan and $ 5.0 million due to the issuance of 20,312,500 shares of our common stock to mr. johnsrud , our chairman and chief executive officer , on november 15 , 2016 as a result of our election not to proceed with the previously contemplated rights offering ( see note 12 in the notes to the consolidated financial statements for more information on the rights offering ) .
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 Suspicious Activity Report : in addition , the low natural gas prices have in the past caused many natural gas producers to curtail capital budgets and these cuts in spending curtailed drilling programs , as well as discretionary spending on well services in certain shale areas , and accordingly reduced demand for our services in these areas . as a result of the decline in oil prices that began in the fourth quarter of 2014 and continued throughout 2015 and 2016 , drilling and completion activities in the oil and `` wet `` gas basins such as the eagle ford , utica and bakken shale areas experienced a dramatic decline . accordingly , our customer base reduced their capital programs and drilling and completion activity levels during both 2015 and 2016. due to oil prices remaining more stable in early 2017 , we are beginning to see drilling and completion activities increase in all basins . we would expect continued stability or further price growth to lead to increased drilling and completion activities by our customer base during 2017 when compared to 2016. increased drilling and completion activities would likely lead to a higher demand for our services in 2017 ; however , there is no guarantee that oil prices will remain stable , drilling and completion activities in basins will continue to increase , or we will see an increase in a demand for our services in 2017 . 40 our results are also driven by a number of other factors , including ( i ) availability of our equipment , which we have built through acquisitions and capital expenditures , ( ii ) transportation costs , which are affected by fuel costs , ( iii ) utilization rates for our equipment , which are also affected by the level of our customers ' drilling and production activities and competition , and our ability to relocate our equipment to areas in which oil and natural gas exploration and production activities are growing , ( iv ) the availability of qualified drivers ( or alternatively , subcontractors ) in the areas in which we operate , particularly in the bakken and marcellus/utica shale areas , ( v ) labor costs , which decreased during 2016 but are expected to increase during 2017 , ( vi ) developments in governmental regulations , ( vii ) seasonality and weather events ( viii ) pricing and ( ix ) our health , safety and environmental performance record . the following table summarizes our total revenues , loss from continuing operations before income taxes , loss from continuing operations and ebitda ( defined below ) for the years ended december 31 , 2016 , 2015 and 2014 ( in thousands ) : replace_table_token_6_th _ ( a ) represents revenues that are derived from predominantly oil-rich areas consisting of the bakken , eagle ford , mississippian and tuscaloosa marine shale areas ( prior to our substantial exit from the mississippian and tuscaloosa marine basins during the three months ended march 31 , 2015 ) . note that the utica shale area was previously included in the oil shale areas until the three months ended september 30 , 2015 when it was reclassified as a natural gas shale area . ( b ) represents revenues that are derived from predominantly natural gas-rich areas consisting of the marcellus , utica , haynesville and barnett shale areas ( prior to our substantial exit from the barnett basin during the three months ended march 31 , 2014 ) . note that the utica shale area was previously included in the oil shale areas until the three months ended september 30 , 2015 when it was reclassified as a natural gas shale area . ( c ) defined as consolidated net loss from continuing operations before net interest expense , income taxes and depreciation and amortization . ebitda is not a recognized measure under generally accepted accounting principles in the united states ( “ gaap ” ) . see the reconciliation between loss from continuing operations and ebitda under “ item 7. liquidity and capital resources - ebitda . ” ( d ) the financial covenants referred to in note 9 in the notes to the consolidated financial statements are based on ebitda adjusted for certain items as defined in the debt agreements . most notably , long-lived asset and goodwill impairments are allowed to be adjusted out of ebitda in calculating the adjusted ebitda for the asset-based revolving credit facility financial covenant . 41 results of operations year ended december 31 , 2016 compared to the year ended december 31 , 2015 the following table sets forth for each of the periods indicated our statements of operations data and expresses revenue and expense data as a percentage of total revenues for the periods presented ( dollars in thousands ) : replace_table_token_7_th non-rental revenue non-rental revenue consists of fees charged to customers for the sale and transportation of fresh water and saltwater by our fleet of logistics assets and or through water midstream assets owned by us to customer sites for use in drilling and completion activities and from customer sites to remove and dispose of flowback and produced water originating from oil and natural gas wells . non-rental revenue also includes fees for solids management services . non-rental revenue for the year ended december 31 , 2016 was $ 139.9 million , down $ 187.8 million , or 57.3 % , from $ 327.7 million for the year ended december 31 , 2015 . continued lower drilling and completion activities in all divisions during 2016 , as well as pricing pressures , led to lower non-rental revenue for the year ended december 31 , 2016 as compared to the year ended december 31 , 2015 . the primary driver of the decreased demand in the basins we serve was a 57 % decline in average operating oil rigs from those operating in the prior year . story_separator_special_tag in light of our continued losses , at december 31 , 2015 , we determined that our deferred tax liabilities were not sufficient to fully realize our deferred tax assets and , as a result , a valuation allowance continues to be required to be recorded against our deferred tax assets . accordingly , we recorded a valuation allowance of approximately $ 171.7 million as of december 31 , 2015. loss from discontinued operations loss from discontinued operations in the years ended december 31 , 2015 and 2014 represents the financial results of tfi , which comprised our industrial solutions business , which was sold in april of 2015. such loss , which is presented net of income taxes , was $ 0.3 million and $ 58.4 million for the years ended december 31 , 2015 and 2014 , respectively . the 2014 loss includes impairment charges of $ 74.4 million . liquidity and capital resources cash flows and liquidity our primary source of capital has historically been from borrowings available under our abl facility and term loan , with additional sources of capital in prior years from debt and equity accessed through the capital markets . our historical acquisition activity was highly capital intensive and required significant investments in order to expand our presence in existing shale basins , access new markets and to expand the breadth and scope of services we provide . additionally , we have historically issued equity as consideration in acquisition transactions . our sources of capital for 2016 included cash generated by our operations , restructuring transactions including borrowings from our term loan , asset sales and borrowings under our abl facility to the extent our borrowing base and financial covenants permitted such borrowings . cash generated by our operations alone is not sufficient to fund operations . at december 31 , 2016 our total indebtedness was $ 487.6 million . we have incurred losses from continuing operations of $ 167.6 million , $ 195.2 million and $ 457.2 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively , including impairments of goodwill and long-lived assets . at december 31 , 2016 we had cash and cash equivalents of $ 1.0 million and $ 11.6 million of net availability under the abl facility . the maturity date of our abl facility occurred on march 31 , 2017 , and , as a result , all commitments under the abl facility have been terminated , the lenders under the abl facility have no obligation to provide additional loans or otherwise extend credit under the abl facility , and all obligations under the abl facility are due and payable . as we have not repaid all outstanding obligations under the abl facility , we are in default under the abl facility and the lenders under the abl facility are entitled to exercise their rights and remedies . in addition , the default under the abl facility constituted an event of cross default under the term loan and the indentures governing the company 's 2018 notes and 2021 notes . the company does not have sufficient liquidity to repay the obligations under the abl facility , term loan , or indentures governing our 2018 notes and 2021 notes . in order to address our liquidity issues and provide for a restructuring of our indebtedness to improve our long-term capital structure , we have entered into a restructuring support agreement ( the “ restructuring support agreement ” ) with holders of over 80 % ( the “ supporting noteholders ” ) of our 2021 notes on april 9 , 2017. under the restructuring support agreement , the 47 supporting noteholders have agreed , subject to certain terms and conditions , to support a financial restructuring of nuverra ( the “ restructuring ” ) pursuant to a prepackaged plan of reorganization ( the “ plan ” ) to be filed in a case commenced under chapter 11 of the united states bankruptcy code ( “ chapter 11 ” ) . the company anticipates that it will file the plan on or before april 24 , 2017. among other terms and conditions , the restructuring support agreement provides for interim financing to the company prior to the filing of the plan , debtor in possession financing ( “ dip financing ” ) , a $ 150 million rights offering ( the “ rights offering ” ) and , if necessary after the rights offering , exit financing to fund required disbursements under the plan ( “ exit financing ” ) . the company anticipates that the restructuring will provide the company will sufficient liquidity to continue its operations ; however , there can be no assurances to that effect . there can also be no assurances that the company will be able to successfully implement the plan and consummate the restructuring . see the `` subsequent events related to indebtedness and restructuring plan `` discussions later in this section for further details on the restructuring . our consolidated financial statements have been prepared assuming that we will continue as a going concern , which contemplates continuity of operations , realization of assets , and liquidation of liabilities in the normal course of business . as reflected in the consolidated financial statements , we had an accumulated deficit at december 31 , 2016 and 2015 , and a net loss for the fiscal years ended december 31 , 2016 , 2015 and 2014. these factors , coupled with our large outstanding debt balance , raise substantial doubt about our ability to continue as a going concern . we are attempting to generate sufficient revenues and reduce costs ; however , our cash position may not be sufficient to support our daily operations if we are not successful . our ability to continue as a going concern is dependent upon our ability to generate sufficient liquidity to meet our obligations and operating needs . while we

