<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 5 <SECURITIES> 0 <RECEIVABLES> 26,079 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 71,917 <CURRENT-LIABILITIES> 0 <BONDS> 12,820 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 56,819 <TOTAL-LIABILITY-AND-EQUITY> 71,917 <SALES> 3,910 <TOTAL-REVENUES> 3,910 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 887 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 674 <INCOME-PRETAX> 2,349 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,349 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,349 <EPS-BASIC> 0.50 <EPS-DILUTED> 0.50