<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <CASH> 577,000 <SECURITIES> 0 <RECEIVABLES> 5,826,000 <ALLOWANCES> 90,000 <INVENTORY> 0 <CURRENT-ASSETS> 8,294,000 <PP&E> 103,151,000 <DEPRECIATION> 30,141,000 <TOTAL-ASSETS> 87,121,000 <CURRENT-LIABILITIES> 11,780,000 <BONDS> 20,500,000 <COMMON> 24,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 519,000 <OTHER-SE> 27,634,000 <TOTAL-LIABILITY-AND-EQUITY> 87,121,000 <SALES> 0 <TOTAL-REVENUES> 11,290,000 <CGS> 0 <TOTAL-COSTS> 9,020,000 <OTHER-EXPENSES> 2,119,000 <LOSS-PROVISION> 36,000 <INTEREST-EXPENSE> 560,000 <INCOME-PRETAX> (294,000) <INCOME-TAX> (123,000) <INCOME-CONTINUING> (171,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (171,000) <EPS-PRIMARY> (0.07) <EPS-DILUTED> (0.07)