<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM
THE QUARTERLY REPORT ON FORM 10-Q FOR THE THREE MONTHS ENDED
MARCH 31,2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH QUARTERLY REPORT ON FORM 10-Q.
</LEGEND>
<MULTIPLIER>                                     1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                           5,243
<SECURITIES>                                    92,952
<RECEIVABLES>                                   24,763
<ALLOWANCES>                                         0
<INVENTORY>                                          0
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<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 122,958
<CURRENT-LIABILITIES>                            6,052
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     116,906
<TOTAL-LIABILITY-AND-EQUITY>                   122,958
<SALES>                                              0
<TOTAL-REVENUES>                                 2,720
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                   400
<LOSS-PROVISION>                                     0
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<INCOME-PRETAX>                                  2,320
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              2,320
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<EXTRAORDINARY>                                      0
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<NET-INCOME>                                     2,320
<EPS-BASIC>                                        .18
<EPS-DILUTED>                                        0