<ARTICLE> 5                                     
<LEGEND>
This schedule contains summary financial information extracted from the Compay's
unaudited financial statements for the nine months ended September 30, 1995 and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>  1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               SEP-30-1995
<CASH>                                          21,120
<SECURITIES>                                    78,478
<RECEIVABLES>                                    5,578
<ALLOWANCES>                                       562
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         380,286
<DEPRECIATION>                                 136,684
<TOTAL-ASSETS>                                 501,440
<CURRENT-LIABILITIES>                                0
<BONDS>                                        289,519
<COMMON>                                           970
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     192,947
<TOTAL-LIABILITY-AND-EQUITY>                   501,440
<SALES>                                              0
<TOTAL-REVENUES>                                79,902
<CGS>                                                0
<TOTAL-COSTS>                                   23,082
<OTHER-EXPENSES>                                 5,018
<LOSS-PROVISION>                                   492
<INTEREST-EXPENSE>                              12,494
<INCOME-PRETAX>                                 38,589
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             38,589
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    38,589
<EPS-PRIMARY>                                    $1.66
<EPS-DILUTED>                                    $1.66