EX-99.1 3 r3624207c.txt JOINT FILING AGREEMENT Exhibit 99.1 ------------ JOINT FILING AGREEMENT THIS JOINT FILING AGREEMENT is entered into as of February 28, 2007, by and among the parties signatories hereto. The undersigned hereby agree that the Statement on Schedule 13G with respect to the shares of common stock, par value $0.01 per share, of Resource America, Inc., a Delaware corporation, is, and any amendment thereafter signed by each of the undersigned shall be, filed on behalf of each undersigned pursuant to and in accordance with the provisions of 13d-1(k) under the Securities Exchange Act of 1934, as amended. SPENCER CAPITAL MANAGEMENT, LLC By: /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA Title: Managing Member SPENCER CAPITAL OPPORTUNITY FUND, LP By: Spencer Capital Partners, LLC, Its General Partner By: /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA Title: Managing Member SPENCER CAPITAL PARTNERS, LLC By: /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA Title: Managing Member SPENCER CAPITAL OFFSHORE OPPORTUNITY FUND, LTD. By: Spencer Capital Offshore Partners, LLC, Its Management Company By: /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA Title: Managing Member [SIGNATURE PAGE TO JOINT FILING AGREEMENT WITH RESPECT TO RESOURCE AMERICA, INC.] SPENCER CAPITAL OFFSHORE PARTNERS, LLC By: /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA Title: Managing Member CIL SPENCER LIMITED By: Spencer Capital Management, LLC, Its Investment Adviser By: /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA Title: Managing Member COLUMBIA AVENUE CAPITAL, LLC By: Spencer Capital Management, LLC, Its Investment Adviser By: /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA Title: Managing Member SPENCER CAPITAL SELECT FUND, LP By: Spencer Select Partners, LLC, Its General Partner By: /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA Title: Managing Member SPENCER SELECT PARTNERS, LLC By: /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA Title: Managing Member [SIGNATURE PAGE TO JOINT FILING AGREEMENT WITH RESPECT TO RESOURCE AMERICA, INC.] SPENCER CAPITAL OPPORTUNITY FUND II, LP By: Spencer Capital Partners II, LLC, Its General Partner By: /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA Title: Managing Member SPENCER CAPITAL PARTNERS II, LLC By: /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA Title: Managing Member /s/ Kenneth H. Shubin Stein, MD, CFA ------------------------------------------- Name: Kenneth H. Shubin Stein, MD, CFA [SIGNATURE PAGE TO JOINT FILING AGREEMENT WITH RESPECT TO RESOURCE AMERICA, INC.]