<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> DEC-31-1995 <CASH> 5,727 <SECURITIES> 0 <RECEIVABLES> 24,212 <ALLOWANCES> (1,465) <INVENTORY> 0 <CURRENT-ASSETS> 33,791 <PP&E> 963,499 <DEPRECIATION> (56,335) <TOTAL-ASSETS> 1,045,588 <CURRENT-LIABILITIES> 51,243 <BONDS> 454,820 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 241 <OTHER-SE> 534,548 <TOTAL-LIABILITY-AND-EQUITY> 1,045,588 <SALES> 0 <TOTAL-REVENUES> 133,601 <CGS> 69,717 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 7,441 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 21,424 <INCOME-PRETAX> 35,019 <INCOME-TAX> 0 <INCOME-CONTINUING> 35,019 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 35,019 <EPS-PRIMARY> 1.54 <EPS-DILUTED> 0