<ARTICLE> 5

<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S FINANCIAL STATEMENTS AS OF AND FOR THE SIX MONTHS ENDED JUNE 30,
2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                           3,892
<SECURITIES>                                    20,500
<RECEIVABLES>                                    2,776
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                          32,439
<DEPRECIATION>                                     758
<TOTAL-ASSETS>                                 164,398
<CURRENT-LIABILITIES>                           44,147
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           100
<OTHER-SE>                                     119,851
<TOTAL-LIABILITY-AND-EQUITY>                   164,398
<SALES>                                              0
<TOTAL-REVENUES>                                11,340
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                 2,606
<LOSS-PROVISION>                                 1,788
<INTEREST-EXPENSE>                               3,673
<INCOME-PRETAX>                                  5,939<F1>
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              5,939<F1>
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     5,939<F1>
<EPS-BASIC>                                       0.59
<EPS-DILUTED>                                     0.59
<FN>
<F1>INCLUDES GAINS AND LOSSES ASSOCIATED WITH ASSET DISPOSITIONS.
</FN>