<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S (I) CONSOLIDATED BALANCE SHEET AT JUNE 30, 1998 (UNAUDITED) AND
(II) CONSOLIDATED STATEMENT OF INCOME FOR THE THREE MONTHS ENDED JUNE 30, 1998
AND 1997 (UNAUDITED) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS CONTAINED IN THE FORM 10-Q.
</LEGEND>
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1998
<PERIOD-START>                             APR-01-1998             JAN-01-1998
<PERIOD-END>                               JUN-30-1998             JUN-30-1998
<EXCHANGE-RATE>                                      1                       1
<CASH>                                      23,722,000              23,722,000
<SECURITIES>                                         0                       0
<RECEIVABLES>                               15,292,000              15,292,000
<ALLOWANCES>                                   456,000                 456,000
<INVENTORY>                                      1,160                   1,160
<CURRENT-ASSETS>                                48,540                  48,540
<PP&E>                                          35,058                  35,058
<DEPRECIATION>                                       0                       0
<TOTAL-ASSETS>                                 242,949                 242,949
<CURRENT-LIABILITIES>                          100,000                 100,000
<BONDS>                                    103,281,000             103,281,000
<PREFERRED-MANDATORY>                       17,958,000              17,958,000
<PREFERRED>                                          0                       0
<COMMON>                                        43,000                  43,000
<OTHER-SE>                                           0                       0
<TOTAL-LIABILITY-AND-EQUITY>               242,949,000             242,949,000
<SALES>                                              0                       0
<TOTAL-REVENUES>                            38,293,000              78,841,000
<CGS>                                       34,874,000              72,097,000
<TOTAL-COSTS>                                        0                       0
<OTHER-EXPENSES>                               939,000               2,249,000
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                           1,866,000               3,612,000
<INCOME-PRETAX>                                816,000               2,200,000
<INCOME-TAX>                                   285,000                 721,000
<INCOME-CONTINUING>                            531,000               1,479,000
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                            (1,866,000)             (1,866,000)
<CHANGES>                                            0                       0
<NET-INCOME>                               (1,335,000)               (387,000)
<EPS-PRIMARY>                                      .02                     .14
<EPS-DILUTED>                                      .02                     .14
        

</TABLE>