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CORRECTING and REPLACING – Resource America, Inc. to Report Operating Results for the First Quarter 2016

PHILADELPHIA, April 22, 2016 (GLOBE NEWSWIRE) -- In a release issued earlier today by Resource America, Inc. (NASDAQ:REXI) with the headline "Resource America, Inc. Reports Operating Results for the First Quarter Ended March 31, 2016," please note that in the first paragraph of the release the company will be releasing their first quarter 2016 results ended March 31, 2016 and not the fourth quarter and year ended March 31, 2016 results, and in the second paragraph the dates of the replay are from May 5, 2016 until May 12, 2016, not May 5, 2016 until March 9, 2016. The corrected release follows:

Resource America, Inc. (NASDAQ:REXI) (the "Company") announced today that it will release its results for the first quarter ended March 31, 2016 on Wednesday May 4, 2016, after market hours, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on Thursday May 5, 2016, at 8:30 a.m. Eastern Time.

This call will be webcast live and can be accessed by investors and other interested parties from the home page of the Company's website at www.resourceamerica.com. For those unable to listen to the live broadcast, the replay of the webcast will be available following the live call on the Resource America, Inc. website and telephonically beginning at 11:30 a.m. Eastern Time on May 5, 2016 until May 12, 2016 at 11:30 p.m. by dialing 855-859-2056 or 404-537-3406, pass code 85671494.

Resource America, Inc. is an asset management company that specializes in real estate and credit investments. The Company’s objective is to be best in class among asset managers in the real estate and credit sectors as measured by returns to investors and the quality of the funds and businesses it manages. Resource America’s investments emphasize consistent value and long-term returns with an income orientation. For more information please visit our website at www.resourceamerica.com or contact Marketing and Investor Relations at pkamdar@resourceamerica.com.

CONTACT: Resource America, Inc. www.resourceamerica.com pkamdar@resourceamerica.com

Source:Resource America, Inc.