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Schedule IV Mortgage Loans on Real Estate
12 Months Ended
Sep. 30, 2011
Schedule IV Mortgage Loans on Real Estate [Abstract]  
Schedule IV Mortgage Loans on Real Estate
Resource America, Inc.
Mortgage Loans on Real Estate
September 30, 2011
(in thousands)

Column A
 
Column B
 
Column C
 
Column D
 
Column E
  
Column F
  
Column G
  
Column H
 
Description
 
Interest
Rate
 
Final
Maturity
Date
 
Periodic
Payment
Term
 
Prior Liens
  
Face
Amount of Mortgage
  
Carrying
Amount of Mortgage
  
Principal Amount of Loan Subject
to Delinquent Principal or Interest
 
Second Lien Loan
                     
                       
Office building -
Omaha, NE
 
Fixed interest
rate of 8%
 
8/31/2011
 
(a)
 $  $73  $  $ 

(a)
No current payments

   
Years Ended September 30,
 
   
2011
  
2010
  
2009
 
Balance, beginning of year
 $49  $4,447  $15,869(b)
              
Additions:
            
Other
     2,027   266 
    49   6,474   16,135 
   Deductions:
            
Foreclosed loans
        2,837 
Collections of principal
     4,840   8,851(b)
Charge-offs
  (49)  1,585    
    (49)  6,425   11,688 
              
Balance, end of year
 $  $49  $4,447 

(b)
This balance does not include a note receivable, which was not a mortgage, related to a partial sale of our interest in a real estate venture; the note was paid-off during fiscal 2009.