Schedule II Valuation and Qualifying Accounts

12 Months Ended

Sep. 30, 2011

Schedule II Valuation and Qualifying Accounts [Abstract]

Schedule II Valuation and Qualifying Accounts

Resource America, Inc.

Schedule II – Valuation and Qualifying Accounts

(in thousands)

	Balance at Beginning of Year		Additions Charged to Costs and Expenses		Amounts Written-off Against the Allowance, Net of Recoveries			Balance at End of Year
Allowance for management fees – commercial finance:
September 30, 2011	$	1,075	$	7,237	$	−		$	8,312
September 30, 2010	$	−	$	1,852	$	(777	)	$	1,075
September 30, 2009	$	−	$	−	$	−		$	−
Allowance for management fees – real estate:
September 30, 2011	$	−	$	2,178	$	−		$	2,178
September 30, 2010	$	−	$	−	$	−		$	−
September 30, 2009	$	−	$	−	$	−		$	−
Allowance for investments in real estate loans:
September 30, 2011	$	49	$	−	$	(49	)	$	−
September 30, 2010	$	1,585	$	49	$	(1,585	)	$	49
September 30, 2009	$	1,129	$	456	$	−		$	1,585
Allowance for investments in commercial finance assets:
September 30, 2011	$	900	$	1,231	$	(1,701	)	$	430
September 30, 2010	$	3,210	$	3,307	$	(5,617	)	$	900
September 30, 2009	$	1,750	$	6,410	$	(4,950	) (1)	$	3,210
Allowance for investments in loans held for investment:
September 30, 2011	$	−	$	−	$	−		$	−
September 30, 2010	$	−	$	1	$	(1	)	$	−
September 30, 2009	$	1,595	$	1,738	$	(3,333	) (2)	$	−
Allowance for trade receivables:
September 30, 2011	$	−	$	15	$	−		$	15
September 30, 2010	$	−	$	−	$	−		$	−
September 30, 2009	$	−	$	−	$	−		$	−

(1) Includes a $1.5 million reduction due to the deconsolidation of LCFF.

(2) Includes a $2.6 million reduction due to the deconsolidation of Apidos CDO VI.