Resource America, Inc. Reports Operating Results for the Fourth Fiscal Quarter and Fiscal Year Ended September 30, 2009

PHILADELPHIA, PA–(Marketwire – December 7, 2009) – Resource America, Inc. (NASDAQ: REXI) (the
“Company”) reported adjusted income from continuing operations, a non-GAAP
measure of $1.5 million, or $0.08 per common share-diluted, and $2.2
million, or $0.12 per common share-diluted, for the fourth fiscal quarter
and fiscal year ended September 30, 2009, respectively, as compared to
$539,000, or $0.03 per common share-diluted, and $11.5 million, or $0.62
per common share-diluted for the fourth fiscal quarter and fiscal year
ended September 30, 2008, respectively. A reconciliation of the Company’s
reported GAAP income (loss) from continuing operations to adjusted income
from continuing operations, a non-GAAP measure, is included as Schedule I
to this release.