<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> APR-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 1,007 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,007 <PP&E> 25,810 <DEPRECIATION> (4,159) <TOTAL-ASSETS> 27,916 <CURRENT-LIABILITIES> 1,265 <BONDS> 18,287 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 8,307 <TOTAL-LIABILITY-AND-EQUITY> 27,916 <SALES> 0 <TOTAL-REVENUES> 1,541 <CGS> 0 <TOTAL-COSTS> 1,194 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 358 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (11) <EPS-PRIMARY> 0 <EPS-DILUTED> 0