<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S INTERIM CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN IT ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-1-1997 <PERIOD-END> SEP-30-1997 <CASH> 18,121 <SECURITIES> 0 <RECEIVABLES> 11,858 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 369,302 <DEPRECIATION> 70,785 <TOTAL-ASSETS> 366,965 <CURRENT-LIABILITIES> 0 <BONDS> 320,584 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 8 <OTHER-SE> 24,001 <TOTAL-LIABILITY-AND-EQUITY> 366,965 <SALES> 0 <TOTAL-REVENUES> 96,339 <CGS> 0 <TOTAL-COSTS> 54,345 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 23,332 <INCOME-PRETAX> 1,734 <INCOME-TAX> 690 <INCOME-CONTINUING> 1,044 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,044 <EPS-PRIMARY> 1.31 <EPS-DILUTED> 1.31