<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED CONSOLIDATED BALANCE SHEET AS OF JUNE 30, 1998 AND THE UNAUDITED
CONSOLIDATED STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE
30, 1998 AND IS QUALIFIED IN ITS ENTIRITY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                             408
<SECURITIES>                                         0
<RECEIVABLES>                                   10,457
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         417,883
<DEPRECIATION>                                  28,632
<TOTAL-ASSETS>                                 402,527
<CURRENT-LIABILITIES>                           22,489
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                         30
<COMMON>                                           163
<OTHER-SE>                                     205,075
<TOTAL-LIABILITY-AND-EQUITY>                   402,527
<SALES>                                          7,217
<TOTAL-REVENUES>                                 7,282
<CGS>                                                0
<TOTAL-COSTS>                                    6,452
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               1,954
<INCOME-PRETAX>                                (1,124)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (1,124)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     (847)
<EPS-PRIMARY>                                   (0.16)
<EPS-DILUTED>                                   (0.16)