<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-1-1996 <PERIOD-END> SEP-30-1996 <CASH> 1,775 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 35,827 <PP&E> 22,928 <DEPRECIATION> 10,751 <TOTAL-ASSETS> 529,458 <CURRENT-LIABILITIES> 14,194 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 141 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 529,458 <SALES> 73,196 <TOTAL-REVENUES> 78,577 <CGS> 0 <TOTAL-COSTS> 54,284 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 172 <INCOME-PRETAX> 24,293 <INCOME-TAX> 9,393 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 14,900 <EPS-PRIMARY> 1.12 <EPS-DILUTED> 1.12