<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <CASH> 1,655 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 209,560 <DEPRECIATION> (22,592) <TOTAL-ASSETS> 192,978 <CURRENT-LIABILITIES> 0 <BONDS> 83,832 <COMMON> 103,817 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 192,978 <SALES> 0 <TOTAL-REVENUES> 25,969 <CGS> 0 <TOTAL-COSTS> 11,724 <OTHER-EXPENSES> 802 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,221 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,722 <EPS-PRIMARY> .83 <EPS-DILUTED> .83