<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-1-1997 <PERIOD-END> MAR-31-1997 <CASH> 6,254 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 29,495 <PP&E> 37,954 <DEPRECIATION> 18,019 <TOTAL-ASSETS> 816,586 <CURRENT-LIABILITIES> 25,919 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 141 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 816,586 <SALES> 35,243 <TOTAL-REVENUES> 37,029 <CGS> 0 <TOTAL-COSTS> 26,620 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 276 <INCOME-PRETAX> 10,409 <INCOME-TAX> 4,006 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,444 <EPS-PRIMARY> 0.50 <EPS-DILUTED> 0.50