Resource Capital Corp. is a specialty finance company that focuses primarily on commercial real estate and commercial finance. The Company conducts operations as a real estate investment trust (REIT). The Company invests in a combination of commercial real estate debt and other real estate-related assets and, to a lesser extent, higher-yielding commercial finance assets. The Company is managed by Resource Capital Manager, Inc., a wholly owned indirect subsidiary of Resource America, Inc., a asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the commercial finance, real estate, and financial fund management sectors. As of December 31, 2008, Resource America managed approximately $17.5 billion of assets in these sectors.