<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 693,000 <SECURITIES> 0 <RECEIVABLES> 8,436,000 <ALLOWANCES> 705,000 <INVENTORY> 0 <CURRENT-ASSETS> 11,769,000 <PP&E> 141,083,000 <DEPRECIATION> 37,885,000 <TOTAL-ASSETS> 124,070,000 <CURRENT-LIABILITIES> 11,185,000 <BONDS> 29,800,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 517,000 <COMMON> 33,000 <OTHER-SE> 31,883,000 <TOTAL-LIABILITY-AND-EQUITY> 124,070,000 <SALES> 0 <TOTAL-REVENUES> 15,946,000 <CGS> 0 <TOTAL-COSTS> 14,924,000 <OTHER-EXPENSES> (83,000) <LOSS-PROVISION> 49,000 <INTEREST-EXPENSE> 818,000 <INCOME-PRETAX> 304,000 <INCOME-TAX> 122,000 <INCOME-CONTINUING> 182,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 182,000 <EPS-PRIMARY> 0.05 <EPS-DILUTED> 0.05