<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEET AND STATEMENTS OF OPERATIONS FILED WITH THE COMPANY'S FORM 10-Q FOR THE PERIOD ENDING JUNE 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND RELATED NOTES. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 5,986 <SECURITIES> 0 <RECEIVABLES> 870 <ALLOWANCES> 0 <INVENTORY> 293 <CURRENT-ASSETS> 10,302 <PP&E> 81,560 <DEPRECIATION> 3,576 <TOTAL-ASSETS> 100,251 <CURRENT-LIABILITIES> 20,091 <BONDS> 45,830 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 36,901 <OTHER-SE> (6,778) <TOTAL-LIABILITY-AND-EQUITY> 100,251 <SALES> 12,075 <TOTAL-REVENUES> 12,075 <CGS> 0 <TOTAL-COSTS> 15,104 <OTHER-EXPENSES> 22 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,325 <INCOME-PRETAX> (4,375) <INCOME-TAX> 0 <INCOME-CONTINUING> (4,375) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,375) <EPS-PRIMARY> (0.59) <EPS-DILUTED> (0.59)