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Regency Affiliates Announces The Release Of Its First Quarter Of 2014 Financial Statements
Regency Affiliates Announces The Release Of Its First Quarter Of 2014 Financial Statements.
About this update from Regency Affiliates, Inc.
[{"type":"text","content":"\n\n\n\nRegency Affiliates Announces The Release Of Its First Quarter Of 2014 Financial Statements\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nRegency Affiliates Announces The Release Of Its First Quarter Of 2014 Financial Statements\nStrong On-Going Performance from Investments\nPR Newswire\nNEW YORK, Sept. 3, 2014\n\n\n\n\n\n\n\n\nNEW YORK, Sept. 3, 2014 /PRNewswire/ -- Regency Affiliates, Inc. (OTC-PINK: RAFI) (\"Regency\") today announced the release of its financial statements for the first quarter of 2014.\n\n\nManagement Comments \n\n\"We are pleased with the consistency and financial strength of our investments,\" commented Laurence Levy, Chairman and Chief Executive of Regency. \"Further, we anticipate that the consistent cash flow and asset growth we have seen in the recent past should continue in the future.  Although we initiated a quarterly cash dividend in 2013, our financial position continues to strengthen and this trend should enable us to increase our dividend in the near future.\" \n\n\n\"We are continuing to review and evaluate further investment opportunities for Regency, and intend to grow the company by investing in other attractive long term assets that meet our business characteristics and valuation criteria. Our cash resources and value per share continue to grow based on our existing investments.\" \n\nAbout Regency Affiliates \n\nRegency Affiliates, Inc. invests in assets that generate attractive, predictable and sustainable returns on capital. We currently own two assets:       \n\n\nAn indirect 50% interest in the 717,000 square foot facility Security West complex located on 34.3 acres in Woodlawn, Maryland. The facility is occupied under a lease expiring in 2018 by the United States Social Security Administration; and \nAn indirect 50% interest in Mobile Energy which owns and operates an energy facility located on approximately 11 acres of land in Mobile, Alabama. The facility supplies up to 61 megawatts of co-generated steam and electricity for use in the Kimberly-Clark's mill's operations under ...