<ARTICLE> 5
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                               1
<SECURITIES>                                         0
<RECEIVABLES>                                   37,089
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     1
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                  82,859
<CURRENT-LIABILITIES>                                0
<BONDS>                                         19,115
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                      61,089
<TOTAL-LIABILITY-AND-EQUITY>                    82,859
<SALES>                                          9,591
<TOTAL-REVENUES>                                 9,603
<CGS>                                                0
<TOTAL-COSTS>                                      273
<OTHER-EXPENSES>                                 1,592
<LOSS-PROVISION>                                   228
<INTEREST-EXPENSE>                               2,028
<INCOME-PRETAX>                                  5,482
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              5,482
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     5,482
<EPS-PRIMARY>                                     1.17
<EPS-DILUTED>                                     1.17