<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 39,969,000 <SECURITIES> 0 <RECEIVABLES> 82,375,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 131,419,000 <PP&E> 44,456,000 <DEPRECIATION> 0 <TOTAL-ASSETS> 291,046,000 <CURRENT-LIABILITIES> 23,366,000 <BONDS> 57,503,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 26,000 <OTHER-SE> 203,489,000 <TOTAL-LIABILITY-AND-EQUITY> 291,046,000 <SALES> 0 <TOTAL-REVENUES> 64,583,000 <CGS> 0 <TOTAL-COSTS> 53,027,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 1,337,000 <INTEREST-EXPENSE> 2,238,000 <INCOME-PRETAX> 10,500,000 <INCOME-TAX> 4,110,000 <INCOME-CONTINUING> 6,390,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,726,000 <EPS-PRIMARY> 0.22 <EPS-DILUTED> 0.22