<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 4,338 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> (90,241) <TOTAL-ASSETS> 570,547 <CURRENT-LIABILITIES> 0 <BONDS> 225,642 <PREFERRED-MANDATORY> 0 <PREFERRED> 2 <COMMON> 235 <OTHER-SE> 320,429 <TOTAL-LIABILITY-AND-EQUITY> 570,547 <SALES> 0 <TOTAL-REVENUES> 23,333 <CGS> 0 <TOTAL-COSTS> 3,828 <OTHER-EXPENSES> 11,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,107 <INCOME-PRETAX> 460 <INCOME-TAX> 0 <INCOME-CONTINUING> 460 <DISCONTINUED> 0 <EXTRAORDINARY> (11,427) <CHANGES> 0 <NET-INCOME> (10,967) <EPS-PRIMARY> 0<F1> <EPS-DILUTED> 0<F1> <FN> <F1>Primary and fully diluted earnings per share attributable to: Core Group Common Stock: Net Income Before Extraordinary Item $ 0.42 Extraordinary Loss on Debt Prepayment $(0.48) Net Loss $(0.06) Psychiatric Group Depositary Shares: Net Loss $(4.52) </FN>