<ARTICLE> 5
<LEGEND>
This schedule contains summary information extracted from the
Consoldiated Balance Sheet at December 31, 1998 and the Consolidated
Statement of Operations for the year ended December 31, 1998 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                           5,827
<SECURITIES>                                         0
<RECEIVABLES>                                   19,413
<ALLOWANCES>                                         0
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<CURRENT-ASSETS>                                     0
<PP&E>                                               0
<DEPRECIATION>                                 177,055
<TOTAL-ASSETS>                               1,855,327
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                         29
<COMMON>                                           246
<OTHER-SE>                                     415,507
<TOTAL-LIABILITY-AND-EQUITY>                 1,855,347
<SALES>                                              0
<TOTAL-REVENUES>                               254,640
<CGS>                                                0
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<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             37,265
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  (799)
<CHANGES>                                            0
<NET-INCOME>                                    37,265
<EPS-PRIMARY>                                     1.55
<EPS-DILUTED>                                     1.53