<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ANNUAL
REPORT ON FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 1997.
</LEGEND>
<MULTIPLIER> 1,000
       
                                        
<PERIOD-TYPE>                                     YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                           2,966
<SECURITIES>                                         0
<RECEIVABLES>                                   11,936
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         445,162
<DEPRECIATION>                                  50,843
<TOTAL-ASSETS>                               3,358,202
<CURRENT-LIABILITIES>                                0
<BONDS>                                        952,348
<PREFERRED-MANDATORY>                          629,739
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     686,505
<TOTAL-LIABILITY-AND-EQUITY>                 3,358,202
<SALES>                                              0
<TOTAL-REVENUES>                               508,803
<CGS>                                                0
<TOTAL-COSTS>                                  176,819
<OTHER-EXPENSES>                               121,247
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              97,778
<INCOME-PRETAX>                                 (4,767)
<INCOME-TAX>                                       885
<INCOME-CONTINUING>                             (5,652)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    (5,652)
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0