<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 2,955 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> (94,102) <TOTAL-ASSETS> 582,758 <CURRENT-LIABILITIES> 0 <BONDS> 225,723 <PREFERRED-MANDATORY> 0 <PREFERRED> 2 <COMMON> 235 <OTHER-SE> 319,595 <TOTAL-LIABILITY-AND-EQUITY> 582,758 <SALES> 0 <TOTAL-REVENUES> 46,104 <CGS> 0 <TOTAL-COSTS> 7,805 <OTHER-EXPENSES> 11,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 10,585 <INCOME-PRETAX> 12,792 <INCOME-TAX> 0 <INCOME-CONTINUING> 12,792 <DISCONTINUED> 0 <EXTRAORDINARY> (11,427) <CHANGES> 0 <NET-INCOME> 1,365 <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 $ 0.89 EXTRAORDINARY LOSS ON DEBT PREPAYMENT $ (0.48) NET INCOME $ 0.41 PSYCHIATRIC GROUP DEPOSITARY SHARES NET LOSS PER SHARE $ (3.94) </FN>