<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Form 10 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 1,952 <SECURITIES> 0 <RECEIVABLES> 204 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 743 <PP&E> 46,375 <DEPRECIATION> (16,391) <TOTAL-ASSETS> 32,883 <CURRENT-LIABILITIES> 249 <BONDS> 41,154 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (8,520) <TOTAL-LIABILITY-AND-EQUITY> 32,883 <SALES> 0 <TOTAL-REVENUES> 6,853 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,256 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,934 <INCOME-PRETAX> 663 <INCOME-TAX> 0 <INCOME-CONTINUING> 663 <DISCONTINUED> 0 <EXTRAORDINARY> 5,094 <CHANGES> 0 <NET-INCOME> 5,757 <EPS-PRIMARY> 0 <EPS-DILUTED> 0