<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <EXCHANGE-RATE> 1 <CASH> 125 <SECURITIES> 535 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 660 <CURRENT-LIABILITIES> 0 <BONDS> 0 <COMMON> 17 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (148,916) <TOTAL-LIABILITY-AND-EQUITY> 660 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> (1,162) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 10,704 <INCOME-PRETAX> (9,542) <INCOME-TAX> (300) <INCOME-CONTINUING> (9,842) <DISCONTINUED> 14,023 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,181 <EPS-PRIMARY> 2.42 <EPS-DILUTED> 2.42