Monmouth Real Estate Investment Corporation Reports Results For The First Quarter Ended December 31, 2013

  Monmouth Real Estate Investment Corporation Reports Results For The First                        Quarter Ended December 31, 2013  PR Newswire  FREEHOLD, N.J., Feb. 5, 2014  FREEHOLD, N.J., Feb. 5, 2014 /PRNewswire/ --Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Core Funds from Operations (Core FFO) of $6,747,000 or $0.15 per diluted share for the three months ended December 31, 2013 as compared to $7,459,000 or $0.18 per diluted share for the three months ended December 31, 2012.Excluding gains realized from the sale of securities during the quarter, Core FFO was $6,596,000 or $0.15 per diluted share for the three months ended December 31, 2013, as compared to $5,348,000 or $0.13 per diluted share for the three months ended December 31, 2012. Adjusted Funds from Operations (AFFO), which excludes gains or losses from the sale of securities, were $0.15 per diluted share for the three months ended December 31, 2013 compared to $0.13 per diluted share for December 31, 2012.  A summary of significant financial information for the three months ended December 31, 2013 and 2012 is as follows:                                                           Three Months Ended                                                         December 31,                                                        2013         2012 Rental Revenue                                       $ 13,571,000 $ 11,309,000 Reimbursement Revenue                                $ 2,090,000  $ 1,518,000 Net Operating Income (NOI) (1)                       $ 13,085,000 $ 11,112,000 Total Expenses                                       $ 8,416,000  $ 6,985,000 Interest and Dividend Income                         $ 939,000    $ 1,123,000 Gain on Sale of Securities Transactions, net         $ 151,000    $ 2,111,000 Income from Continuing Operations                    $ 4,290,000  $ 5,711,000 Loss from Discontinued Operations                    $