<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 20,699 <SECURITIES> 5,350 <RECEIVABLES> 35,919 <ALLOWANCES> 4,309 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 849,510 <DEPRECIATION> 163,757 <TOTAL-ASSETS> 1,231,227 <CURRENT-LIABILITIES> 121,694 <BONDS> 740,817 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 28 <OTHER-SE> 274,352 <TOTAL-LIABILITY-AND-EQUITY> 1,231,227 <SALES> 133,453 <TOTAL-REVENUES> 133,453 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 62,544 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 38,620 <INCOME-PRETAX> 32,289 <INCOME-TAX> 4,750 <INCOME-CONTINUING> 27,539 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 27,539 <EPS-PRIMARY> 1.00 <EPS-DILUTED> .96