<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 31 AND 32 OF THE COMPANY'S FORM 10-K FOR THE YEAR, AND IS QUALIFIED IN ITS ENTIRETY BY REFERNCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 15,643 <SECURITIES> 0 <RECEIVABLES> 26,297 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 37,145 <PP&E> 1,273,085 <DEPRECIATION> 164,417 <TOTAL-ASSETS> 1,187,753 <CURRENT-LIABILITIES> 117,523 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 257 <COMMON> 0 <OTHER-SE> 237,492 <TOTAL-LIABILITY-AND-EQUITY> 1,187,753 <SALES> 0 <TOTAL-REVENUES> 155,059 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 85,761 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 42,353 <INCOME-PRETAX> 19,226 <INCOME-TAX> 0 <INCOME-CONTINUING> 19,226 <DISCONTINUED> 0 <EXTRAORDINARY> (315) <CHANGES> 0 <NET-INCOME> 18,911 <EPS-PRIMARY> .91 <EPS-DILUTED> .91