<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 447,985 <SECURITIES> 0 <RECEIVABLES> 6,857,675 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 124,197,433 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 62,510,540 <TOTAL-LIABILITY-AND-EQUITY> 124,197,433 <SALES> 0 <TOTAL-REVENUES> 18,284,932 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 12,971,886 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,517,878 <INCOME-PRETAX> 2,795,168 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,795,168 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,795,168 <EPS-BASIC> 0 <EPS-DILUTED> 0