<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Company's unaudited consolidated financial statements, as restated, as of and
for the nine months ended September 30, 1997, as of and for the six months ended
June 30, 1997, and as of and for the three months ended March 31, 1997, and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<PERIOD-TYPE> 9-MOS 6-MOS 3-MOS
<FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 DEC-31-1997
<PERIOD-START> JAN-01-1997 JAN-01-1997 JAN-01-1997
<PERIOD-END> SEP-30-1997 JUN-30-1997 MAR-31-1997
<CASH> 112,582 150,231 80,664
<SECURITIES> 0 0 5,058
<RECEIVABLES> 5,020 3,448 2,273
<ALLOWANCES> 1,300 1,169 1,043
<INVENTORY> 0 0 0
<CURRENT-ASSETS> 118,710 156,070 88,937
<PP&E> 377,037 323,204 282,147
<DEPRECIATION> 23,380 21,385 19,902
<TOTAL-ASSETS> 493,860 477,197 366,037
<CURRENT-LIABILITIES> 14,215 18,449 11,362
<BONDS> 288,416 270,032 166,418
<PREFERRED-MANDATORY> 0 0 0
<PREFERRED> 0 0 0
<COMMON> 188 187 187
<OTHER-SE> 190,389 187,782 186,841
<TOTAL-LIABILITY-AND-EQUITY> 493,860 447,197 366,037
<SALES> 0 0 0
<TOTAL-REVENUES> 59,463 35,199 16,544
<CGS> 0 0 0
<TOTAL-COSTS> 55,467 33,437 16,260
<OTHER-EXPENSES> 0 0 0
<LOSS-PROVISION> 373 242 116
<INTEREST-EXPENSE> 7,346 4,266 1,601
<INCOME-PRETAX> 1,828 510 134
<INCOME-TAX> 0 0 0
<INCOME-CONTINUING> 1,828 510 134
<DISCONTINUED> 0 0 0
<EXTRAORDINARY> 0 0 0
<CHANGES> 0 0 0
<NET-INCOME> 1,828 510 134
<EPS-PRIMARY> 0.10 0.03 0.01
<EPS-DILUTED> 0.09 0.03 0.01