<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> JUN-30-1997 <CASH> 93,634 <SECURITIES> 52,463 <RECEIVABLES> 9,271 <ALLOWANCES> 501 <INVENTORY> 0 <CURRENT-ASSETS> 161,346 <PP&E> 240,199 <DEPRECIATION> 56,293 <TOTAL-ASSETS> 465,437 <CURRENT-LIABILITIES> 41,308 <BONDS> 391,678 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 166 <OTHER-SE> 5,204 <TOTAL-LIABILITY-AND-EQUITY> 465,437 <SALES> 101,803 <TOTAL-REVENUES> 101,803 <CGS> 74,048 <TOTAL-COSTS> 74,048 <OTHER-EXPENSES> 15,940 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 30,104 <INCOME-PRETAX> 7,768 <INCOME-TAX> 0 <INCOME-CONTINUING> 7,768 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,768 <EPS-PRIMARY> 0.47 <EPS-DILUTED> 0.47