<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-1-1997 <PERIOD-END> MAR-31-1997 <CASH> 637,000 <SECURITIES> 0 <RECEIVABLES> 9,412,000 <ALLOWANCES> 538,000 <INVENTORY> 0 <CURRENT-ASSETS> 11,638,000 <PP&E> 128,488,000 <DEPRECIATION> 35,786,000 <TOTAL-ASSETS> 113,089,000 <CURRENT-LIABILITIES> 16,234,000 <BONDS> 30,700,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 517,000 <COMMON> 31,000 <OTHER-SE> 29,737,000 <TOTAL-LIABILITY-AND-EQUITY> 113,089,000 <SALES> 0 <TOTAL-REVENUES> 15,432,000 <CGS> 0 <TOTAL-COSTS> 14,628,000 <OTHER-EXPENSES> (55,000) <LOSS-PROVISION> 59,000 <INTEREST-EXPENSE> 782,000 <INCOME-PRETAX> 110,000 <INCOME-TAX> 46,000 <INCOME-CONTINUING> 64,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 64,000 <EPS-PRIMARY> 0.02 <EPS-DILUTED> 0.02