<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 205,418 <SECURITIES> 0 <RECEIVABLES> 47,974 <ALLOWANCES> 22,097 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 466,002 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 298,853 <TOTAL-LIABILITY-AND-EQUITY> 466,002 <SALES> 0 <TOTAL-REVENUES> 208,860 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 89,346 <LOSS-PROVISION> 2,088 <INTEREST-EXPENSE> 15,883 <INCOME-PRETAX> 101,543 <INCOME-TAX> 0 <INCOME-CONTINUING> 101,543 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 101,543 <EPS-PRIMARY> 0 <EPS-DILUTED> 0