<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the third
quarter 10-Q and is qualified in its entirety by reference to such 10-Q.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               SEP-30-1994
<CASH>                                           19886
<SECURITIES>                                     29033
<RECEIVABLES>                                     6183
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                          180128
<DEPRECIATION>                                  103116
<TOTAL-ASSETS>                                  199038
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<COMMON>                                         55795
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      22078
<OTHER-SE>                                     (30584)
<TOTAL-LIABILITY-AND-EQUITY>                    199038
<SALES>                                              0
<TOTAL-REVENUES>                                 42771
<CGS>                                                0
<TOTAL-COSTS>                                    43317
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                7310
<INCOME-PRETAX>                                 (7562)
<INCOME-TAX>                                    (3963)
<INCOME-CONTINUING>                             (3599)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                       (5130)
<NET-INCOME>                                    (8729)
<EPS-PRIMARY>                                   (0.83)
<EPS-DILUTED>                                   (0.83)