<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
CONDENSED CONSOLIDATED BALANCE SHEET AND STATEMENTS OF OPERATIONS FILED AS
PART OF THE QUARTERLY REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY 
REFERENCE TO SUCH QUARTERLY REPORT ON FORM 10-Q.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             APR-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                           7,036
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 599,034
<CURRENT-LIABILITIES>                                0
<BONDS>                                        230,753
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     355,050
<TOTAL-LIABILITY-AND-EQUITY>                   599,034
<SALES>                                              0
<TOTAL-REVENUES>                                34,850
<CGS>                                                0
<TOTAL-COSTS>                                    6,785
<OTHER-EXPENSES>                                 1,875
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               9,520
<INCOME-PRETAX>                                 16,669
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    16,669
<EPS-PRIMARY>                                      .98
<EPS-DILUTED>                                      .98<F1>
<FN>
<F1>EPS - DILUTED NOT SEPARATELY REPORTED BECAUSE INCLUSION OF OPTIONS USING
TREASURY STOCK METHOD AND THE ASSUMED CONVERSION OF DEBENTURES OUTSTANDING IS
NOT MATERIALLY DILUTIVE.
</FN>