<ARTICLE>5 <LEGEND> This Schedule contains summary financial information extracted from the registrant's Balance Sheet as of December 31, 1996 and Income Statement for the nine months ended December 31, 1996 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER>1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 1,559,000 <SECURITIES> 0 <RECEIVABLES> 2,288,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> <F1> 0 <PP&E> 564,540,000 <DEPRECIATION> 138,307,000 <TOTAL-ASSETS> 454,097,000 <CURRENT-LIABILITIES> <F1> 0 <BONDS> 71,782,000 <COMMON> 22,980,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 351,261,000 <TOTAL-LIABILITY-AND-EQUITY> 454,097,000 <SALES> 0 <TOTAL-REVENUES> 56,957,000 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 23,143,000 <LOSS-PROVISION> 679,000 <INTEREST-EXPENSE> 2,367,000 <INCOME-PRETAX> 32,223,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 32,223,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 32,223,000 <EPS-PRIMARY> 1.40 <EPS-DILUTED> 1.40 <FN> F1 Current assets and current liabilities are not applicable to the Company under current industry standards. Page 154