<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
FOR THE QUARTER ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                         159,566
<SECURITIES>                                    13,710
<RECEIVABLES>                                  254,039
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                          74,113
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               1,620,262
<CURRENT-LIABILITIES>                                0
<BONDS>                                        924,485
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      3,796
<COMMON>                                        59,983
<OTHER-SE>                                     420,640
<TOTAL-LIABILITY-AND-EQUITY>                 1,620,262
<SALES>                                              0
<TOTAL-REVENUES>                               210,484
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               155,616
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              38,554
<INCOME-PRETAX>                                 16,314
<INCOME-TAX>                                     6,039
<INCOME-CONTINUING>                             10,275
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    10,275
<EPS-PRIMARY>                                      .33
<EPS-DILUTED>                                      .32