<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE SECOND QUATER 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-14-1996 <CASH> 30,865 <SECURITIES> 11,592<F1> <RECEIVABLES> 8,696 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 51,153 <PP&E> 290,800 <DEPRECIATION> (88,569) <TOTAL-ASSETS> 253,384 <CURRENT-LIABILITIES> 12,805 <BONDS> 213,307 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 27,272 <TOTAL-LIABILITY-AND-EQUITY> 253,384 <SALES> 0 <TOTAL-REVENUES> 34,382<F2> <CGS> 0 <TOTAL-COSTS> 16,247 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,711 <INCOME-PRETAX> 10,424 <INCOME-TAX> 0 <INCOME-CONTINUING> 10,424 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 10,424 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>THIS IS OTHER ASSETS. <F2>THIS INCLUDES EQUITY IN INCOME OF SANTA CLARA PARTNERSHIP. </FN>