FREEHOLD, N.J., May 7 /PRNewswire-FirstCall/ -- Monmouth Real Estate Investment Corporation (Nasdaq: MNRTA) reported funds from operations (FFO), excluding the non-cash impairment charges and other losses on REIT securities, were $8,092,000 or $.33 per share for the six months ended March 31, 2009, as compared to $7,404,000 or $.31 per share for the six months ended March 31, 2008. Net loss applicable to common shareholders was ($2,027,000) or ($0.08) per common share for the three months ended March 31, 2009, as compared to net loss applicable to common shareholders of ($44,000) or ($0.01) per common share for the three months ended March 31, 2008, and net loss applicable to common shareholders of ($3,651,000) or ($.15) per common share for the six months ended March 31, 2009 as compared to net loss applicable to common shareholders of ($898,000) or ($.03) for the six months ended March 31, 2008. Net cash provided by operating activities for the six months ended March 31, 2009 was $10,240,000, as compared to $9,858,000 for the six months ended March 31, 2008.

A summary of significant financial information for the three and six months ended March 31, 2009 and 2008 is as follows:

                                              Three Months Ended
                                                    March 31,
                                                2009         2008
    Rental and Reimbursement Revenue       $10,552,000    $9,572,000
    Total Expenses                          $5,469,000    $5,053,000
    Interest and Dividend Income              $623,000      $369,000
    Loss on Securities Transactions, net   $(3,337,000)  $(1,132,000)
    Net Loss Applicable to Common
     Shareholders                          $(2,027,000)     $(44,000)
    Net Loss Applicable to Common
     Shareholders
          Per Common Share                       $(.08)        $(.01)
    FFO (1)                                   $707,000    $2,405,000
    FFO Per Common Share (1)                      $.03          $.10
    Weighted Avg. Common Shares
     Outstanding                            24,808,000    23,968,000

                                                Six Months Ended
                                                    March 31,
                                                2009          2008
    Rental and Reimbursement Revenue       $20,835,000   $19,022,000
    Total Expenses                         $10,582,000    $9,766,000
    Interest and Dividend Income            $1,283,000      $773,000
    Loss on Securities Transactions, net   $(6,583,000)  $(3,428,000)
    Net Loss Applicable to Common
     Shareholders                          $(3,651,000)    $(898,000)
    Net Loss Applicable to Common
     Shareholders
          Per Common Share                       $(.15)        $(.03)
    FFO (1)                                 $1,509,000    $3,976,000
    FFO Per Common Share (1)                      $.06          $.17
    Weighted Avg.