ebitda and adjusted ebitda are non-gaap financial measures of performance and or liquidity that have limitations and should not be considered as a substitute for net income or cash provided by ( used in ) operating activities which are us gaap . 51 overview we are a limited partnership formed to engage in the wholesale distribution of motor fuels , consisting of gasoline and diesel fuel , and to own and lease real estate used in the retail distribution of motor fuels . since our predecessor was founded in 1992 , we have generated revenues from the wholesale distribution of motor fuels to sites and from real estate leases . on the closing date , the partnership completed the offering . the partnership received aggregate proceeds of $ 125.7 million from the sale , net of underwriting discounts and structuring fees , and other offering expenses of $ 2.6 million . of this amount , the proceeds from the over-allotment option of approximately $ 16.7 million were distributed to joseph v. topper jr. , the chairman of the board of directors and chief executive officer of the general partner of the partnership , and to certain of mr. topper 's affiliates and family trusts , and to john b. reilly , iii , a member of the board of directors of the general partner of the partnership our primary business objective is to make quarterly cash distributions to our unitholders and , over time , to increase our quarterly cash distributions . initially , we intend to make minimum quarterly distributions of $ 0.4375 per unit , per quarter ( or $ 1.75 per unit on an annualized basis ) . cash flows from the wholesale distribution of motor fuels will be generated primarily by a per gallon margin that is either a fixed mark-up per gallon or a variable rate mark-up per gallon . by delivering motor fuels through independent carriers on the same day we purchase the motor fuels from suppliers , we seek to minimize the commodity risks typically associated with the purchase and sale of motor fuels . we generate cash flows from rental income primarily by collecting rent from lessee dealers and lgo pursuant to lease agreements . the lease agreements we have with lessee dealers had an average of 2.2 years remaining on the lease terms as of december 31 , 2012. we believe that consistent demand for motor fuels in the areas where we operate and the contractual nature of our rental income provides a stable source of cash flow . for the year ended december 31 , 2012 , we distributed an aggregate of approximately 606 million gallons of motor fuels to 782 sites , including 193 new sites purchased or leased in the second half of 2012 which we did not distribute motor fuels in 2011. over 60 % of the sites to which we distribute motor fuels are owned or leased by us . in addition , we have agreements requiring the operators of these sites to purchase motor fuels from us . as of december 31 , 2012 , we distributed motor fuels to the following classes of business : 225 sites operated by independent dealers ; 362 sites owned or leased by us that have been operated by lgo following the closing of the offering ; 149 sites owned or leased by us and operated by lessee dealers ; and 46 sites distributed through eight sub-wholesalers . we are focused on owning and leasing sites primarily located in metropolitan and urban areas . we own and lease sites located in pennsylvania , new jersey , ohio , new york , massachusetts , kentucky , new hampshire and maine , and florida with our recent express lane acquisition , as further described below . according to the energy information agency , of the nine legacy states in which we own and lease sites , five are among the top ten consumers of gasoline in the united states and four are among the top ten consumers of on-highway diesel fuel in the united states . over 85 % of our sites are located in high-traffic metropolitan and urban areas . we believe the limited availability of undeveloped real estate in these areas presents a high barrier to entry for new or existing retail gas station owners to develop competing sites . 52 recent developments dunmore purchase agreement on december 21 , 2012 , we completed ( the `` dunmore closing `` ) our acquisition of certain assets of dunmore oil company , inc. and jojo oil company , inc. ( together , the `` dunmore sellers `` ) as contemplated by the asset purchase agreement , as amended ( the `` dunmore purchase agreement `` ) , by and among the partnership , a subsidiary of the partnership , the dunmore sellers , and , for limited purposes , joseph gentile , jr. pursuant to the dunmore purchase agreement , the dunmore sellers sold to us all of the assets ( collectively , the `` dunmore assets `` ) held and used by the dunmore sellers in connection with their gasoline and diesel retail outlet business and their related convenience store business ( the `` dunmore retail business `` ) . in connection with this transaction , we will acquire 24 motor fuel service stations , 23 of which will be fee simple interests and one of which will be a leasehold interest . lgo operates the dunmore retail business . in addition , as contemplated by the dunmore purchase agreement , certain of the non-qualified dunmore assets and certain non-qualified liabilities of the dunmore sellers were assigned by us to lgo . lgo paid the partnership $ 0.5 million for up-front rent . the dunmore sellers are permitted to continue to operate certain portions of their business relating to sales of heating oil , propane and unbranded motor fuels . story_separator_special_tag the aggregate gross profit from fuel sales amounted to $ 42.8 million for the year ended december 31 , 2012 , an increase of $ 4.4 million or 11.5 % as compared to $ 38.3 million in the same period of the prior year . the increase in gross profit was principally driven by an increase in volume of gallons distributed ( as more fully discussed below ) , partially offset by slightly lower margin per gallon of $ 0.071 for the year ended december 31 , 2012 , as compared to $ 0.072 in the same period in the prior year . the increase in aggregate revenues from fuel sales noted above resulted from an increase of $ 225.3 million related to an increase in volume of gallons distributed along with an increase of $ 35.8 million related to higher selling prices per gallon , which was $ 3.078 for the year ended december 31 , 2012 , an increase of $ 0.059 or 2.0 % , as compared to $ 3.019 for the same period in the prior year . the volume of gallons distributed amounted to 605.2 million gallons for the year ended december 31 , 2012 , an increase of 74.7 million gallons , or 14.1 % , as compared to 530.5 million gallons for the same period in the prior year . the increase in volume of gallons distributed was principally due to : distributing motor fuels to lgo beginning in 2012 , which accounted for 98.8 million gallons , along with an increase of 42.6 million gallons associated with commencement of distributing motor fuels to the newly leased getty sites and an increase of 1.0 million gallons related to the express lane acquisition , offset by decreases of an aggregate of 57.6 million gallons resulting from lost business . the decrease from lost business consisted primarily of decreases of 38.0 million gallons due to the expiration of our lease to distribute motor fuels at ohio turnpike plazas , 12.3 million gallons related to terminated dealer supply agreements , and 7.3 million gallons related to marketplace competition . the increase in volume distributed for the year ended december 31 , 2012 , was offset further by decreases of 7.1 million gallons related to the divesture of sunoco sites and 3.0 million gallons associated with closing of low volume sites . rental income aggregate rental income , including rental income from affiliates , for 2012 was $ 21.2 million compared to $ 20.4 million in 2011 , resulting in a net increase of $ 0.8 million . this increase is a result of incremental rental income primarily attributable to rental income from the getty lease sites in new england and pennsylvania , which were entered into in may 2012 , and the additional getty sites in new jersey , which were entered into in december 2012 , resulting in a total increase of $ 2.4 million . also contributing to the increase was incremental net rental income of $ 1.3 million related to the shell acquisitions ( second and third quarters of 2011 ) and the additional december 2012 acquisitions . in addition , rental income for certain sites was recorded by an affiliate not included in the predecessor entity through october 30 , 2012. these sites were contributed to the partnership , resulting in an increase in rental income of $ 1.1 million . offsetting these increases was $ 2.5 million related to lgo in connection with a transition , starting in 2012 to align rental income from affiliates with the rental income to be received by us from lgo pursuant to the contractual arrangement entered into with lgo . also , closed sites resulted in a decrease of rental income of $ 1.3 million . rent expense rent expense for 2012 was $ 11.6 million , an increase of $ 2.2 million , as compared to $ 9.4 million in 2011 , with the increase primarily driven by an increased number of leasehold locations . 58 operating expenses operating expenses decreased $ 1.3 million to $ 5.3 million for 2012 compared with $ 6.6 million in 2011. the decrease was primarily due to the classification of the management fee charged by the predecessor entity to lgp . lgp classifies the management fee as a general and administrative expense whereas the predecessor classified certain costs incorporated into the management fee within operating expenses . the total management fee charged by lgc to lgp was $ 1.1 million for the period from october 31 , 2012 through december 31 , 2012. also partially offsetting this decrease was the increased costs from operating the shell sites acquired in the second and third quarters of 2011 and getty sites from the may and december 2012 transactions . depreciation and amortization depreciation and amortization for 2012 , was $ 16.3 million compared to $ 12.0 million for 2011. the increase of $ 4.3 million , or 36.1 % was principally due to an increase in depreciation expense of $ 4.0 million . the depreciation expense increase was due to sites acquired in our shell acquisitions in the second and third quarters of 2011 , which accounted for $ 1.0 million of the increase , an impairment charge due to assets held for sale , which accounted for $ 1.2 million of the increase , and the may 2012 transaction involving our getty sites which accounted for $ 1.8 million of the increase . the remaining increase is primarily driven by purchases of capital equipment during 2012. selling , general and administrative expenses selling , general and administrative expenses for 2012 were $ 19.5 million compared with $ 12.7 million in 2011 , an increase of $ 6.8 million . the increase was primarily attributable to $ 6.3 million of non-recurring expenses related to the offering . gain/loss on sale of assets gain on sale of assets that did not meet the criteria to be classified as discontinued operations for

extinguishment of debt upon the second amendment of our credit facility , financing costs of $ 4.1 million paid for the amendment as well as financing costs of $ 3.1 million associated with the predecessor entity 's credit facility , were deferred and are being amortized to interest expense over the life of the credit facility . approximately $ 0.6 million of the deferred financing costs associated with the predecessor entity 's credit facility was also written off at this time in accordance with the applicable accounting guidance for debt modifications and extinguishments and was included in the consolidated statements of operations as a loss on extinguishment of debt . 59 other income , net other income , net for 2012 was $ 0.8 million compared with $ 1.2 million in 2011. this decrease of $ 0.4 million is primarily attributable to a $ 1.0 million charge associated with the termination fees associated with the cancellation of the mandatorily redeemable preferred equity , partially offset by termination fees received from dealers electing to early terminate their supply contracts . income tax expense from continuing operations no provision for income taxes was recorded in 2011 as the predecessor entity was not a taxable entity . however , our wholly owned , c-corporation subsidiary , lgws , is a taxable entity . accordingly , we have recorded a tax provision for lgws for the period from october 31 , 2012 through december 31 , 2012. lgp recorded a $ 0.3 million current tax provision . in addition , we recorded a $ 0.3 million deferred tax benefit with a full valuation allowance against the deferred tax asset . ( loss ) income from discontinued operations discontinued operations generated income of $ 0.3 million in 2012 compared with a loss of $ 0.8 million in 2011. the primary driver of this change was a gain on sale of assets of $ 0.2 million in 2012 versus a loss on sale of assets of $ 0.5 million in 2011 .


 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.
     ```extinguishment of debt upon the second amendment of our credit facility , financing costs of $ 4.1 million paid for the amendment as well as financing costs of $ 3.1 million associated with the predecessor entity 's credit facility , were deferred and are being amortized to interest expense over the life of the credit facility . approximately $ 0.6 million of the deferred financing costs associated with the predecessor entity 's credit facility was also written off at this time in accordance with the applicable accounting guidance for debt modifications and extinguishments and was included in the consolidated statements of operations as a loss on extinguishment of debt . 59 other income , net other income , net for 2012 was $ 0.8 million compared with $ 1.2 million in 2011. this decrease of $ 0.4 million is primarily attributable to a $ 1.0 million charge associated with the termination fees associated with the cancellation of the mandatorily redeemable preferred equity , partially offset by termination fees received from dealers electing to early terminate their supply contracts . income tax expense from continuing operations no provision for income taxes was recorded in 2011 as the predecessor entity was not a taxable entity . however , our wholly owned , c-corporation subsidiary , lgws , is a taxable entity . accordingly , we have recorded a tax provision for lgws for the period from october 31 , 2012 through december 31 , 2012. lgp recorded a $ 0.3 million current tax provision . in addition , we recorded a $ 0.3 million deferred tax benefit with a full valuation allowance against the deferred tax asset . ( loss ) income from discontinued operations discontinued operations generated income of $ 0.3 million in 2012 compared with a loss of $ 0.8 million in 2011. the primary driver of this change was a gain on sale of assets of $ 0.2 million in 2012 versus a loss on sale of assets of $ 0.5 million in 2011 .
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 Suspicious Activity Report : ebitda and adjusted ebitda are non-gaap financial measures of performance and or liquidity that have limitations and should not be considered as a substitute for net income or cash provided by ( used in ) operating activities which are us gaap . 51 overview we are a limited partnership formed to engage in the wholesale distribution of motor fuels , consisting of gasoline and diesel fuel , and to own and lease real estate used in the retail distribution of motor fuels . since our predecessor was founded in 1992 , we have generated revenues from the wholesale distribution of motor fuels to sites and from real estate leases . on the closing date , the partnership completed the offering . the partnership received aggregate proceeds of $ 125.7 million from the sale , net of underwriting discounts and structuring fees , and other offering expenses of $ 2.6 million . of this amount , the proceeds from the over-allotment option of approximately $ 16.7 million were distributed to joseph v. topper jr. , the chairman of the board of directors and chief executive officer of the general partner of the partnership , and to certain of mr. topper 's affiliates and family trusts , and to john b. reilly , iii , a member of the board of directors of the general partner of the partnership our primary business objective is to make quarterly cash distributions to our unitholders and , over time , to increase our quarterly cash distributions . initially , we intend to make minimum quarterly distributions of $ 0.4375 per unit , per quarter ( or $ 1.75 per unit on an annualized basis ) . cash flows from the wholesale distribution of motor fuels will be generated primarily by a per gallon margin that is either a fixed mark-up per gallon or a variable rate mark-up per gallon . by delivering motor fuels through independent carriers on the same day we purchase the motor fuels from suppliers , we seek to minimize the commodity risks typically associated with the purchase and sale of motor fuels . we generate cash flows from rental income primarily by collecting rent from lessee dealers and lgo pursuant to lease agreements . the lease agreements we have with lessee dealers had an average of 2.2 years remaining on the lease terms as of december 31 , 2012. we believe that consistent demand for motor fuels in the areas where we operate and the contractual nature of our rental income provides a stable source of cash flow . for the year ended december 31 , 2012 , we distributed an aggregate of approximately 606 million gallons of motor fuels to 782 sites , including 193 new sites purchased or leased in the second half of 2012 which we did not distribute motor fuels in 2011. over 60 % of the sites to which we distribute motor fuels are owned or leased by us . in addition , we have agreements requiring the operators of these sites to purchase motor fuels from us . as of december 31 , 2012 , we distributed motor fuels to the following classes of business : 225 sites operated by independent dealers ; 362 sites owned or leased by us that have been operated by lgo following the closing of the offering ; 149 sites owned or leased by us and operated by lessee dealers ; and 46 sites distributed through eight sub-wholesalers . we are focused on owning and leasing sites primarily located in metropolitan and urban areas . we own and lease sites located in pennsylvania , new jersey , ohio , new york , massachusetts , kentucky , new hampshire and maine , and florida with our recent express lane acquisition , as further described below . according to the energy information agency , of the nine legacy states in which we own and lease sites , five are among the top ten consumers of gasoline in the united states and four are among the top ten consumers of on-highway diesel fuel in the united states . over 85 % of our sites are located in high-traffic metropolitan and urban areas . we believe the limited availability of undeveloped real estate in these areas presents a high barrier to entry for new or existing retail gas station owners to develop competing sites . 52 recent developments dunmore purchase agreement on december 21 , 2012 , we completed ( the `` dunmore closing `` ) our acquisition of certain assets of dunmore oil company , inc. and jojo oil company , inc. ( together , the `` dunmore sellers `` ) as contemplated by the asset purchase agreement , as amended ( the `` dunmore purchase agreement `` ) , by and among the partnership , a subsidiary of the partnership , the dunmore sellers , and , for limited purposes , joseph gentile , jr. pursuant to the dunmore purchase agreement , the dunmore sellers sold to us all of the assets ( collectively , the `` dunmore assets `` ) held and used by the dunmore sellers in connection with their gasoline and diesel retail outlet business and their related convenience store business ( the `` dunmore retail business `` ) . in connection with this transaction , we will acquire 24 motor fuel service stations , 23 of which will be fee simple interests and one of which will be a leasehold interest . lgo operates the dunmore retail business . in addition , as contemplated by the dunmore purchase agreement , certain of the non-qualified dunmore assets and certain non-qualified liabilities of the dunmore sellers were assigned by us to lgo . lgo paid the partnership $ 0.5 million for up-front rent . the dunmore sellers are permitted to continue to operate certain portions of their business relating to sales of heating oil , propane and unbranded motor fuels . story_separator_special_tag the aggregate gross profit from fuel sales amounted to $ 42.8 million for the year ended december 31 , 2012 , an increase of $ 4.4 million or 11.5 % as compared to $ 38.3 million in the same period of the prior year . the increase in gross profit was principally driven by an increase in volume of gallons distributed ( as more fully discussed below ) , partially offset by slightly lower margin per gallon of $ 0.071 for the year ended december 31 , 2012 , as compared to $ 0.072 in the same period in the prior year . the increase in aggregate revenues from fuel sales noted above resulted from an increase of $ 225.3 million related to an increase in volume of gallons distributed along with an increase of $ 35.8 million related to higher selling prices per gallon , which was $ 3.078 for the year ended december 31 , 2012 , an increase of $ 0.059 or 2.0 % , as compared to $ 3.019 for the same period in the prior year . the volume of gallons distributed amounted to 605.2 million gallons for the year ended december 31 , 2012 , an increase of 74.7 million gallons , or 14.1 % , as compared to 530.5 million gallons for the same period in the prior year . the increase in volume of gallons distributed was principally due to : distributing motor fuels to lgo beginning in 2012 , which accounted for 98.8 million gallons , along with an increase of 42.6 million gallons associated with commencement of distributing motor fuels to the newly leased getty sites and an increase of 1.0 million gallons related to the express lane acquisition , offset by decreases of an aggregate of 57.6 million gallons resulting from lost business . the decrease from lost business consisted primarily of decreases of 38.0 million gallons due to the expiration of our lease to distribute motor fuels at ohio turnpike plazas , 12.3 million gallons related to terminated dealer supply agreements , and 7.3 million gallons related to marketplace competition . the increase in volume distributed for the year ended december 31 , 2012 , was offset further by decreases of 7.1 million gallons related to the divesture of sunoco sites and 3.0 million gallons associated with closing of low volume sites . rental income aggregate rental income , including rental income from affiliates , for 2012 was $ 21.2 million compared to $ 20.4 million in 2011 , resulting in a net increase of $ 0.8 million . this increase is a result of incremental rental income primarily attributable to rental income from the getty lease sites in new england and pennsylvania , which were entered into in may 2012 , and the additional getty sites in new jersey , which were entered into in december 2012 , resulting in a total increase of $ 2.4 million . also contributing to the increase was incremental net rental income of $ 1.3 million related to the shell acquisitions ( second and third quarters of 2011 ) and the additional december 2012 acquisitions . in addition , rental income for certain sites was recorded by an affiliate not included in the predecessor entity through october 30 , 2012. these sites were contributed to the partnership , resulting in an increase in rental income of $ 1.1 million . offsetting these increases was $ 2.5 million related to lgo in connection with a transition , starting in 2012 to align rental income from affiliates with the rental income to be received by us from lgo pursuant to the contractual arrangement entered into with lgo . also , closed sites resulted in a decrease of rental income of $ 1.3 million . rent expense rent expense for 2012 was $ 11.6 million , an increase of $ 2.2 million , as compared to $ 9.4 million in 2011 , with the increase primarily driven by an increased number of leasehold locations . 58 operating expenses operating expenses decreased $ 1.3 million to $ 5.3 million for 2012 compared with $ 6.6 million in 2011. the decrease was primarily due to the classification of the management fee charged by the predecessor entity to lgp . lgp classifies the management fee as a general and administrative expense whereas the predecessor classified certain costs incorporated into the management fee within operating expenses . the total management fee charged by lgc to lgp was $ 1.1 million for the period from october 31 , 2012 through december 31 , 2012. also partially offsetting this decrease was the increased costs from operating the shell sites acquired in the second and third quarters of 2011 and getty sites from the may and december 2012 transactions . depreciation and amortization depreciation and amortization for 2012 , was $ 16.3 million compared to $ 12.0 million for 2011. the increase of $ 4.3 million , or 36.1 % was principally due to an increase in depreciation expense of $ 4.0 million . the depreciation expense increase was due to sites acquired in our shell acquisitions in the second and third quarters of 2011 , which accounted for $ 1.0 million of the increase , an impairment charge due to assets held for sale , which accounted for $ 1.2 million of the increase , and the may 2012 transaction involving our getty sites which accounted for $ 1.8 million of the increase . the remaining increase is primarily driven by purchases of capital equipment during 2012. selling , general and administrative expenses selling , general and administrative expenses for 2012 were $ 19.5 million compared with $ 12.7 million in 2011 , an increase of $ 6.8 million . the increase was primarily attributable to $ 6.3 million of non-recurring expenses related to the offering . gain/loss on sale of assets gain on sale of assets that did not meet the criteria to be classified as discontinued operations for

