<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED BALANCE SHEETS AND CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS FOUND ON PAGES 3 AND 4 OF TEH COMPANY'S FORM 10-Q FOR THE YEAR-TO-DATE, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 2,631 <SECURITIES> 0 <RECEIVABLES> 21,976 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 933,630 <DEPRECIATION> 158,864 <TOTAL-ASSETS> 837,732 <CURRENT-LIABILITIES> 0 <BONDS> 576,398 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 200 <OTHER-SE> 146,525 <TOTAL-LIABILITY-AND-EQUITY> 837,732 <SALES> 0 <TOTAL-REVENUES> 111,135 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 61,737 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 30,490 <INCOME-PRETAX> 13,373 <INCOME-TAX> 0 <INCOME-CONTINUING> 13,373 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,373 <EPS-PRIMARY> .67 <EPS-DILUTED> .67