<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Company's consolidated financial statements, as restated, as of and for the year ended December 31, 1996 and the Company's unaudited financial statements, as restated, as of and for the nine months ended September 30, 1996, and as of and for the six months ended June 30, 1996, and is qualified in its entirety by reference to such financial statements. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR 9-MOS 6-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1996 DEC-31-1996 <PERIOD-START> JAN-01-1996 JAN-01-1996 JAN-01-1996 <PERIOD-END> DEC-31-1996 SEP-30-1996 JUN-30-1996 <CASH> 101,811 26,527 22,713 <SECURITIES> 8,322 32,599 50,000 <RECEIVABLES> 2,449 3,003 2,074 <ALLOWANCES> 927 604 502 <INVENTORY> 0 0 0 <CURRENT-ASSETS> 114,049 64,044 76,012 <PP&E> 235,320 173,155 154,244 <DEPRECIATION> 18,609 17,626 16,773 <TOTAL-ASSETS> 342,839 230,803 223,967 <CURRENT-LIABILITIES> 11,227 8,368 9,651 <BONDS> 143,318 127,302 118,696 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 0 0 0 <COMMON> 185 143 143 <OTHER-SE> 185,639 92,248 92,741 <TOTAL-LIABILITY-AND-EQUITY> 342,839 230,803 223,967 <SALES> 0 0 0 <TOTAL-REVENUES> 47,345 32,567 21,000 <CGS> 0 0 0 <TOTAL-COSTS> 44,914 30,733 19,474 <OTHER-EXPENSES> 0 0 0 <LOSS-PROVISION> 727 369 267 <INTEREST-EXPENSE> 9,722 7,537 5,422 <INCOME-PRETAX> (4,760) (4,578) (4,088) <INCOME-TAX> 0 0 0 <INCOME-CONTINUING> (4,760) (4,578) (4,088) <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> (4,760) (4,578) (4,088) <EPS-PRIMARY> (0.41) (0.49) (0.57) <EPS-DILUTED> (0.51) (0.59) (0.69)