<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <CASH> 12,899 <SECURITIES> 42,585 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 131,149 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 282,182 <CURRENT-LIABILITIES> 0 <BONDS> 222,145 <PREFERRED-MANDATORY> 26,323 <PREFERRED> 0 <COMMON> 83 <OTHER-SE> 282,182 <TOTAL-LIABILITY-AND-EQUITY> 282,182 <SALES> 16,985 <TOTAL-REVENUES> 54,065 <CGS> 13,603 <TOTAL-COSTS> 13,603 <OTHER-EXPENSES> 24,950 <LOSS-PROVISION> 3,036 <INTEREST-EXPENSE> 11,572 <INCOME-PRETAX> (103,011) <INCOME-TAX> 5,048 <INCOME-CONTINUING> (4,144) <DISCONTINUED> (103,915) <EXTRAORDINARY> 0 <CHANGES> 765 <NET-INCOME> (111,236) <EPS-BASIC> (13.40) <EPS-DILUTED> (13.40)