<ARTICLE>                     5
<LEGEND>
This schedule contains summary financial information extracted from the 
Consolidated Balance Sheets at September 30, 1998 (Unaudited) and the 
Consolidated Statement of Operations for the nine months ended September 30,
1998 (Unaudited) and is qualified in its entirety by reference to such 
financial statements.  

</LEGEND>                                              
<MULTIPLIER>                                   1,000
       
                                                    
<PERIOD-TYPE>                              3-MOS               9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997         DEC-31-1997
<PERIOD-START>                             JAN-01-1997         JAN-01-1997
<PERIOD-END>                               SEP-30-1997         SEP-30-1997
<CASH>                                         11,969               11,969
<SECURITIES>                                        0                    0
<RECEIVABLES>                                       0                    0
<ALLOWANCES>                                        0                    0 
<INVENTORY>                                         0                    0
<CURRENT-ASSETS>                                    0                    0
<PP&E>                                        783,545              783,545
<DEPRECIATION>                                (68,639)             (68,639)
<TOTAL-ASSETS>                                737,291              737,291
<CURRENT-LIABILITIES>                               0                    0
<BONDS>                                       382,058              382,058
<PREFERRED-MANDATORY>                               0                    0
<PREFERRED>                                        20                   20
<COMMON>                                          134                  134
<OTHER-SE>                                    290,345              290,345
<TOTAL-LIABILITY-AND-EQUITY>                  737,291              737,291
<SALES>                                        33,759               95,388
<TOTAL-REVENUES>                               34,395               96,954
<CGS>                                          13,492               36,928
<TOTAL-COSTS>                                  13,492               36,928
<OTHER-EXPENSES>                                8,644               24,505
<LOSS-PROVISION>                                    0                    0
<INTEREST-EXPENSE>                              7,174               20,271
<INCOME-PRETAX>                                 4,465               13,452
<INCOME-TAX>                                        0                    0
<INCOME-CONTINUING>                             4,465               13,452
<DISCONTINUED>                                      0                    0
<EXTRAORDINARY>                                     0                    0
<CHANGES>                                           0                    0
<NET-INCOME>                                    4,263               13,452
<EPS-PRIMARY>                                    0.23                 0.78
<EPS-DILUTED>                                    0.23                 0.77