<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <CASH> 1,474 <SECURITIES> 0 <RECEIVABLES> 12,676 <ALLOWANCES> (6,274) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 235,902 <DEPRECIATION> (43,811) <TOTAL-ASSETS> 219,385 <CURRENT-LIABILITIES> 0 <BONDS> 143,178 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 69,410 <TOTAL-LIABILITY-AND-EQUITY> 219,385 <SALES> 0 <TOTAL-REVENUES> 33,413 <CGS> 0 <TOTAL-COSTS> 19,098 <OTHER-EXPENSES> 5,346 <LOSS-PROVISION> (425) <INTEREST-EXPENSE> 9,087 <INCOME-PRETAX> (471) <INCOME-TAX> 0 <INCOME-CONTINUING> (471) <DISCONTINUED> 0 <EXTRAORDINARY> 67 <CHANGES> 0 <NET-INCOME> (404) <EPS-PRIMARY> (.12) <EPS-DILUTED> (.12)