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          Exchange Act of 1934</strong></font></div>
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          the appropriate box below if the Form 8-K filing is intended to simultaneously
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          provisions:</font></div>
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          Written communications pursuant to Rule 425 under the Securities Act (17
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          Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
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          Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
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          Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
          Act
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          2.02&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Results of Operations and
          Financial Condition</a></strong></font></div>
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          October 31, 2007, we issued a press release, which sets forth our results
          of
          operations for the quarter ended September 30, 2007.&#160;&#160;A copy of our
          press release is attached hereto as Exhibit 99.1 and is incorporated herein
          by
          reference.&#160;&#160;This information shall not be deemed &#8220;filed&#8221; for any
          purposes of Section&#160;18 of the Securities Exchange Act of 1934, as amended,
          and is not incorporated by reference into any of our filings, whether made
          before or after the date hereof, regardless of any general incorporation
          language in any such filing.</font></div>
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                    9.01</strong></font></div>
                </td>
                <td>
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, serif;"><strong>Financial<em>&#160;</em>Statements
                    and Exhibits</strong></font></div>
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                </td>
                <td width="1146">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, serif;">The
                    following exhibit is filed with this Form
                    8-K:</font></div>
                </td>
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, serif;">99.1&#160;&#160;&#160;Press
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, serif;"><strong>SIGNATURE</strong></font></div>
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, serif;">Pursuant
          to the requirements of the Securities Exchange Act of 1934, the registrant
          has
          duly caused this report to be signed on its behalf by the undersigned hereunto
          duly authorized.</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div align="left">
          <table cellpadding="0" cellspacing="0" width="100%">
  
              <tr>
                <td align="left" valign="top">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif;">Dated:
                    October 31, 2007</font></div>
                </td>
                <td align="left" colspan="2" valign="top">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif;">REALTY
                    INCOME CORPORATION</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top">
                  <div>&#160;</div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                </td>
                <td align="left" valign="top">
                  <div>&#160;</div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif;">By:</font></div>
                </td>
                <td align="left" valign="top">
                  <div>&#160;</div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif;">&#160;<u>/s/
                    Michael R. Pfeiffer</u></font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                </td>
                <td align="left" valign="top">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                </td>
                <td align="left" valign="top">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif;">Michael
                    R. Pfeiffer</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                </td>
                <td align="left" valign="top">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                </td>
                <td align="left" valign="top">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif;">Executive
                    Vice President, General Counsel and
                    Secretary</font></div>
                </td>
              </tr>
  
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        </div><br><br><br><a name="toc_jc1140_1"><br></a></div>
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text: ric8k_q307.htm
  United
          States
  Securities
          and Exchange Commission
  Washington,
          D.C. 20549
  Form 8-K
  Current
          Report
  Pursuant
          to Section 13 or 15(d) of the
  Securities
          Exchange Act of 1934
  Date
          of report:
  October 31, 2007
  REALTY
          INCOME CORPORATION
  (Exact
          name of registrant as specified in its charter)
  Maryland
  1-13374
  33-0580106
  (State
                    or Other Jurisdiction of Incorporation or Organization)
  (Commission
                    File Number)
  (IRS
                    Employer Identification No.)
  600
          La Terraza Boulevard, Escondido, California 92025
  (Address
          of principal executive offices)
  (760) 741-2111
  (Registrant's
          telephone number, including area code)
  N/A
  (former
          name or former address, if changed since last report)
  Check
          the appropriate box below if the Form 8-K filing is intended to simultaneously
          satisfy the filing obligation of the registrant under any of the following
          provisions:
  [   ]
          Written communications pursuant to Rule 425 under the Securities Act (17
          CFR
          230.425)
  [   ]
          Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
          240.14a-12)
  [   ]
          Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
          Act
          (17 CFR 240.14d-2(b))
  [   ]
          Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
          Act
          (17 CFR 240.13e-4(c))
  Item
          2.02        Results of Operations and
          Financial Condition
  On
          October 31, 2007, we issued a press release, which sets forth our results
          of
          operations for the quarter ended September 30, 2007.  A copy of our
          press release is attached hereto as Exhibit 99.1 and is incorporated herein
          by
          reference.  This information shall not be deemed "filed" for any
          purposes of Section 18 of the Securities Exchange Act of 1934, as amended,
          and is not incorporated by reference into any of our filings, whether made
          before or after the date hereof, regardless of any general incorporation
          language in any such filing.
  Item
                    9.01
  Financial
  Statements
                    and Exhibits
  Exhibits
  The
                    following exhibit is filed with this Form
                    8-K:
  99.1   Press
          release dated October 31, 2007
  SIGNATURE
  Pursuant
          to the requirements of the Securities Exchange Act of 1934, the registrant
          has
          duly caused this report to be signed on its behalf by the undersigned hereunto
          duly authorized.
  Dated:
                    October 31, 2007
  REALTY
                    INCOME CORPORATION
  By:
  /s/
                    Michael R. Pfeiffer
  Michael
                    R. Pfeiffer
  Executive
                    Vice President, General Counsel and
                    Secretary