CVC Capital Partners

PHILADELPHIA, PA -- (MARKET WIRE) -- 02/02/12 -- Resource America, Inc. (NASDAQ: REXI) (the "Company") reported net income attributable to common shareholders of $185,000, or $0.01 per common share-diluted, for the first fiscal quarter ended December 31, 2011, as compared to a net loss attributable to common shareholders of $567,000, or $0.03 per common share-diluted, for the first fiscal quarter ended December 31, 2010. As of December 31, 2011, the Company's book value per common share was $6.37 per share. Total stockholders' equity was $119.9 million as of December 31, 2011 as compared to $134.0 million as of December 31, 2010. Jonathan Cohen, CEO and President, commented, "These are transformative times at Resource America. During our first quarter, we completed the recapitalization of LEAF Commercial Capital, Inc. Last month we announced the creation of CVC Credit Partners, through which CVC Capital Partners and Resource America will own a global credit management business ...