<ARTICLE> 5
<LEGEND>  This schedule contains summary financial information extracted from 
Consolidated Balance Sheet and Statement of Operations and is qualified in its 
entirety by reference to such financial statements.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                         DEC-31-1997
<PERIOD-START>                            JAN-01-1997
<PERIOD-END>                              MAR-31-1997
<CASH>                                         84,829
<SECURITIES>                                        0
<RECEIVABLES>                                   1,351
<ALLOWANCES>                                        0
<INVENTORY>                                         0
<CURRENT-ASSETS>                              144,073
<PP&E>                                      3,201,581
<DEPRECIATION>                              (328,321)
<TOTAL-ASSETS>                              3,113,235
<CURRENT-LIABILITIES>                         128,593
<BONDS>                                     1,294,641
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                   393,000
<COMMON>                                            0
<OTHER-SE>                                          0
<TOTAL-LIABILITY-AND-EQUITY>                3,113,235
<SALES>                                       139,496
<TOTAL-REVENUES>                              141,387
<CGS>                                               0
<TOTAL-COSTS>                                  51,916
<OTHER-EXPENSES>                                2,975
<LOSS-PROVISION>                                    0
<INTEREST-EXPENSE>                             23,896
<INCOME-PRETAX>                                32,756
<INCOME-TAX>                                        0
<INCOME-CONTINUING>                            32,756
<DISCONTINUED>                                  3,632
<EXTRAORDINARY>                                     0
<CHANGES>                                           0
<NET-INCOME>                                   27,327
<EPS-PRIMARY>                                    0.46
<EPS-DILUTED>                                    0.45