-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 PrEvH1l8ZlJrtmv/WtaKPiN5m5v5e//s+rQtVAcCUgWS4NHJXFe7Vm2kyZqfaBlB
 oilq2MDZXJudTs6JVIo6Eg==

<SEC-DOCUMENT>0001141148-05-000010.txt : 20050502
<SEC-HEADER>0001141148-05-000010.hdr.sgml : 20050502
<ACCEPTANCE-DATETIME>20050502153303
ACCESSION NUMBER:		0001141148-05-000010
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050429
FILED AS OF DATE:		20050502
DATE AS OF CHANGE:		20050502

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RESOURCE AMERICA INC
		CENTRAL INDEX KEY:			0000083402
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				720654145
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		1845 WALNUT STREET
		STREET 2:		SUITE 1000
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		215-546-5005

	MAIL ADDRESS:	
		STREET 1:		1845 WALNUT STREET
		STREET 2:		SUITE 1000
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RESOURCE EXPLORATION INC
		DATE OF NAME CHANGE:	19890214

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMTR CORP
		DATE OF NAME CHANGE:	19700522

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CAMPBELL CARLOS C
		CENTRAL INDEX KEY:			0001141148

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-04408
		FILM NUMBER:		05790453

	BUSINESS ADDRESS:	
		STREET 1:		LAIDLOW GLOBAL CORPORATION
		STREET 2:		100 PARK AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2155465005

	MAIL ADDRESS:	
		STREET 1:		C/O 1845 WALNUT STREET
		STREET 2:		10TH FLOOR
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER NAME:	
		FORMER CONFORMED NAME:	CAMPBELL CARLOS
		DATE OF NAME CHANGE:	20010522
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4ccc5205_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-04-29</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000083402</issuerCik>
        <issuerName>RESOURCE AMERICA INC</issuerName>
        <issuerTradingSymbol>REXI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001141148</rptOwnerCik>
            <rptOwnerName>CAMPBELL CARLOS C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1845 WALNUT STREET, SUITE 1000</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PHILADELPHIA</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>19103</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-04-29</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>456</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>456</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>19428</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The undersigned is a participant in both the Resource America, Inc. 1997 Non-Employee Directors Deferred Stock and Deferred
Compensation Plan (the &quot;Plan&quot;), and the Resource America, Inc. 2002 Non-Employee Directors Deferred Stock and Deferred
Compensation Plan (the &quot;Plan&quot;). The undersigned has been granted 15,000 units under the 1997 Plan and 4,428 units under the
2002 Plan. Each unit represents the rights to receive one share of the Company's Common Stock upon termination of the
undersigned as a director of the Company, subject to vesting provisions. The units in both the 1997 Plan and the 2002 Plan
vest on the later of (i) the fifth anniversary of the date he or she first became an Eligible Director and (ii) the first
anniversary of the grant of those Units. The shares are receivable on account of the undersigned's service as a director
and without additional consideration.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Carlos C. Campbell</signatureName>
        <signatureDate>2005-05-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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