<ARTICLE> 5
<LEGEND>
This Schedule contains Summary financial information extracted from Registrant's
Form 10-K for the year ended December 31, 1994 and is qualified in its entirety
by reference Such Financial Statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<CASH>                                      42,104,000
<SECURITIES>                               131,537,000
<RECEIVABLES>                               94,248,000
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            44,077,000
<PP&E>                                      42,530,000
<DEPRECIATION>                              11,616,000
<TOTAL-ASSETS>                             342,880,000
<CURRENT-LIABILITIES>                       40,832,000
<BONDS>                                    128,554,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  6,608,000
<COMMON>                                    23,841,000
<OTHER-SE>                                 143,045,000
<TOTAL-LIABILITY-AND-EQUITY>               342,880,000
<SALES>                                     43,753,000
<TOTAL-REVENUES>                            80,943,000
<CGS>                                                0
<TOTAL-COSTS>                               34,447,000
<OTHER-EXPENSES>                            14,466,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                          19,109,000
<INCOME-PRETAX>                             12,921,000
<INCOME-TAX>                                 5,587,000
<INCOME-CONTINUING>                          7,334,000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 7,334,000
<EPS-PRIMARY>                                     0.27
<EPS-DILUTED>                                     0.27