<ARTICLE> 5
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1994
<PERIOD-END>                               SEP-30-1994
<CASH>                                           2,215
<SECURITIES>                                        13
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                52,612<F1>
<PP&E>                                           5,060
<DEPRECIATION>                                   1,435
<TOTAL-ASSETS>                                  98,465
<CURRENT-LIABILITIES>                           47,731<F2>
<BONDS>                                          1,669
<COMMON>                                            69
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                      47,061
<TOTAL-LIABILITY-AND-EQUITY>                    98,465
<SALES>                                              0
<TOTAL-REVENUES>                               (3,765)<F3>
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                 3,299
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               3,442
<INCOME-PRETAX>                               (10,506)
<INCOME-TAX>                                   (3,572)
<INCOME-CONTINUING>                            (6,934)
<DISCONTINUED>                                   6,597
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     (337)
<EPS-PRIMARY>                                    (.07)
<EPS-DILUTED>                                        0
<FN>
<F1>Includes $50,275 assets in discontinued operations
<F2>Includes $42,796 of current maturities of long-term debt
<F3>Includes $3,185 of equity in losses of affiliate.
</FN>