<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AT DECEMBER 31, 1996 AND CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 32,323 <SECURITIES> 0 <RECEIVABLES> 35,842 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 81,775 <PP&E> 754,234 <DEPRECIATION> (45,083) <TOTAL-ASSETS> 883,761 <CURRENT-LIABILITIES> 65,357 <BONDS> 407,811 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 352 <OTHER-SE> 408,946 <TOTAL-LIABILITY-AND-EQUITY> 883,761 <SALES> 0 <TOTAL-REVENUES> 190,385 <CGS> 0 <TOTAL-COSTS> 156,252 <OTHER-EXPENSES> 270 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12,421 <INCOME-PRETAX> 21,442 <INCOME-TAX> 15,325 <INCOME-CONTINUING> 6,117 <DISCONTINUED> 0 <EXTRAORDINARY> 7,733 <CHANGES> 0 <NET-INCOME> (1,616) <EPS-PRIMARY> 0<F1> <EPS-DILUTED> 0<F1> <FN> <F1>The Company believes historical earnings per share are not meaningful due to predecessor entities being organized as S corporations, partnerships and limited liability companies. Rather, pro forma earnings per share are a more meaningful measure of the Company's results of operations for the period presented. Pro forma earnings per share for the year ended December 31, 1996 was $0.93. </FN>