<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                       1,271,000
<SECURITIES>                                         0
<RECEIVABLES>                                6,924,000
<ALLOWANCES>                                   136,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                             1,698,000
<PP&E>                                      70,575,000
<DEPRECIATION>                            (16,626,000)
<TOTAL-ASSETS>                              65,240,000
<CURRENT-LIABILITIES>                          919,000
<BONDS>                                     47,675,000
<COMMON>                                    37,068,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                (23,743,000)
<TOTAL-LIABILITY-AND-EQUITY>                65,240,000<F1>
<SALES>                                              0
<TOTAL-REVENUES>                             3,051,000
<CGS>                                                0
<TOTAL-COSTS>                                3,838,000
<OTHER-EXPENSES>                                85,000<F2>
<LOSS-PROVISION>                               136,000
<INTEREST-EXPENSE>                           1,810,000
<INCOME-PRETAX>                              (872,000)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (872,000)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (872,000)
<EPS-PRIMARY>                                   (0.24)
<EPS-DILUTED>                                   (0.24)
<FN>
<F1>Includes $3,321,000 of minority interest in joint venture
<F2>Represents minority interest portion of current net income
</FN>