<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                         246,391
<SECURITIES>                                         0
<RECEIVABLES>                                1,039,415
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         239,427
<DEPRECIATION>                                  57,546
<TOTAL-ASSETS>                              51,492,340
<CURRENT-LIABILITIES>                                0
<BONDS>                                      5,395,410
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       105,710
<OTHER-SE>                                  33,130,615
<TOTAL-LIABILITY-AND-EQUITY>                51,492,340
<SALES>                                     28,381,548
<TOTAL-REVENUES>                            28,381,548
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                            15,527,011
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             365,616
<INCOME-PRETAX>                             12,488,921
<INCOME-TAX>                                 4,164,123
<INCOME-CONTINUING>                          8,324,798
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 8,324,798
<EPS-PRIMARY>                                     0.79
<EPS-DILUTED>                                     0.79