<ARTICLE>                     5
<LEGEND>
This Schedule contains summary financial information extracted from the
financial statements contained in the body of the accompanying Form 10-Q and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                         1,000

                                
<PERIOD-TYPE>                        6-MOS
<FISCAL-YEAR-END>                  DEC-31-1998
<PERIOD-END>                       JUN-30-1999
<CASH>                               2,246
<SECURITIES>                             0
<RECEIVABLES>                            0
<ALLOWANCES>                             0
<INVENTORY>                              0
<CURRENT-ASSETS>                         0
<PP&E>                                   0
<DEPRECIATION>                           0
<TOTAL-ASSETS>                      27,222
<CURRENT-LIABILITIES>                    0
<BONDS>                             20,129
<PREFERRED-MANDATORY>                    0
<PREFERRED>                              0
<COMMON>                               100
<OTHER-SE>                         (10,766)
<TOTAL-LIABILITY-AND-EQUITY>        27,222
<SALES>                              2,250
<TOTAL-REVENUES>                     2,353
<CGS>                                2,218
<TOTAL-COSTS>                        2,218
<OTHER-EXPENSES>                     1,349
<LOSS-PROVISION>                       255
<INTEREST-EXPENSE>                   1,180
<INCOME-PRETAX>                     (2,649)
<INCOME-TAX>                            20
<INCOME-CONTINUING>                 (2,669)
<DISCONTINUED>                           0
<EXTRAORDINARY>                          0
<CHANGES>                                0
<NET-INCOME>                        (2,669)
<EPS-BASIC>                         (.27)
<EPS-DILUTED>                         (.27)