<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 580 <SECURITIES> 0 <RECEIVABLES> 5,190 <ALLOWANCES> 467 <INVENTORY> 0 <CURRENT-ASSETS> 6,186 <PP&E> 206,371 <DEPRECIATION> 0 <TOTAL-ASSETS> 694,146 <CURRENT-LIABILITIES> 53,415 <BONDS> 554,573 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (50,558) <TOTAL-LIABILITY-AND-EQUITY> 694,146 <SALES> 44,581 <TOTAL-REVENUES> 44,581 <CGS> 0 <TOTAL-COSTS> 42,601 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 13,218 <INCOME-PRETAX> (13,906) <INCOME-TAX> 0 <INCOME-CONTINUING> (13,906) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (10,657) <EPS-PRIMARY> 0 <EPS-DILUTED> 0