<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 5,758 <SECURITIES> 0 <RECEIVABLES> 217 <ALLOWANCES> 0 <INVENTORY> 106 <CURRENT-ASSETS> 6,487 <PP&E> 58,892 <DEPRECIATION> 17,570 <TOTAL-ASSETS> 67,048 <CURRENT-LIABILITIES> 6,788 <BONDS> 52,883 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 51 <OTHER-SE> 4,818 <TOTAL-LIABILITY-AND-EQUITY> 67,048 <SALES> 3,286 <TOTAL-REVENUES> 50,662 <CGS> 3,410 <TOTAL-COSTS> 37,606 <OTHER-EXPENSES> 2,598 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,532 <INCOME-PRETAX> 241 <INCOME-TAX> 0 <INCOME-CONTINUING> 241 <DISCONTINUED> 0 <EXTRAORDINARY> 164,358 <CHANGES> 0 <NET-INCOME> 164,599 <EPS-PRIMARY> 0.04 <EPS-DILUTED> 0.04