 HOLMDEL, NJ, Nov. 23, 2020 GLOBE NEWSWIRE -- Monmouth Real Estate Investment Corporation NYSE:MNR reported Net Loss Attributable to Common Shareholders of 48.6 million or 0.50 per diluted share for the fiscal year ended September 30, 2020 as compared to Net Income Attributable to Common Shareholders of 11.0 million or 0.12 per diluted share for the fiscal year ended September 30, 2019, representing a decrease of 0.62 per share. The decrease primarily resulted from the implementation of a new accounting rule which became effective for our fiscal yearend 2019 requiring that unrealized gains and losses resulting from our securities investments be reflected on our income statement. During the fiscal year ended September 30, 2020, we recognized unrealized losses of 77.4 million or 0.79 per diluted share as compared to unrealized losses of 24.7 million or 0.26 per diluted share during the prior fiscal year. Prior to the adoption of the rule, unrealized gains and losses were reflected as a change in our shareholders equity. Excluding all non-cash unrealized losses, our Net Income Attributable to Common Shareholders for the fiscal year 2020 would have been 28.8 million or 0.29 per diluted share as compared to 35.7 million or 0.38 per diluted share for the fiscal year ended September 30, 2019, representing a decrease of 0.09. For the fiscal year ended September 30, 2020, Funds from Operations FFO, which exclude unrealized gains or losses from our securities portfolio, were 78.5 million or 0.80 per diluted share compared to 81.2 million or 0.87 per diluted share for the 2019 fiscal year, representing a decrease of 0.07 per share. For the fiscal year ended September 30, 2020, Adjusted Funds from Operations AFFO, which also exclude unrealized and realized gains or losses from our securities portfolio, were 76.9 million or 0.78 per diluted share compared to 79.7 million or 0.85 per diluted share for the 2019 fiscal year, representing a decrease of 0.07 per share. 