<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 0 <SECURITIES> 0 <RECEIVABLES> 40,622 <ALLOWANCES> 228 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 4,501 <DEPRECIATION> 3,593 <TOTAL-ASSETS> 87,047 <CURRENT-LIABILITIES> 0 <BONDS> 20,660 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 63,346 <TOTAL-LIABILITY-AND-EQUITY> 87,047 <SALES> 4,700 <TOTAL-REVENUES> 4,712 <CGS> 0 <TOTAL-COSTS> 182 <OTHER-EXPENSES> 788 <LOSS-PROVISION> 228 <INTEREST-EXPENSE> 1,006 <INCOME-PRETAX> 2,508 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,508 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,508 <EPS-PRIMARY> 0.54 <EPS-DILUTED> 0.54