Resource America reported LEAF Commercial Capital, Inc. ("LEAF"), continued to grow its lease origination and servicing operations during the second fiscal quarter ended March 31, 2012.

LEAF Commercial Capital highlights for the second fiscal quarter ended March 31, 2012:

• Lease originations continue to trend upward, having increased by 159% and 26% during the second fiscal quarter ended March 31, 2012 as compared to the second fiscal quarter ended March 31, 2011 and the first fiscal quarter ended December 31, 2011, respectively.
• LEAF's commercial finance assets at March 31, 2012 increased by 40% from September 30, 2011.
• LEAF continues to further expand its field sales presence to provide dedicated support to its top-priority dealers. Highly experienced industry experts were added to the Northeastern, Midwestern, and Southern California market places. LEAF's field sales team will work with key dealers and branch offices of its national accounts by developing unique offerings and providing support to build the relationships with those dealers.
• LEAF launched its enhanced Cost Per Usage billing product and announced that it has become a Gold Technology Partner of Digital Gateway. The LEAF interface streamlines the process of transferring asset and transactional data from the Digital Gateway system, thereby reducing meter errors and accelerating the billing process.

Resource America, Inc. reported adjusted income from continuing operations attributable to common shareholders, a non-GAAP measure, of $726,000 for the second fiscal quarter ended March 31, 2012 as compared to an adjusted loss from continuing operations attributable to common shareholders of $1.7 million for the second fiscal quarter ended March 31, 2011.