<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                      15,317,000
<SECURITIES>                                76,137,000
<RECEIVABLES>                                2,833,000
<ALLOWANCES>                                 (379,000)
<INVENTORY>                                          0
<CURRENT-ASSETS>                            95,192,000
<PP&E>                                     232,225,000
<DEPRECIATION>                            (76,121,000)
<TOTAL-ASSETS>                             262,499,000
<CURRENT-LIABILITIES>                       10,627,000
<BONDS>                                     85,000,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     1,348,000
<OTHER-SE>                                 152,675,000
<TOTAL-LIABILITY-AND-EQUITY>               262,499,000
<SALES>                                      3,080,000
<TOTAL-REVENUES>                             4,336,000
<CGS>                                        1,458,000
<TOTAL-COSTS>                                1,458,000
<OTHER-EXPENSES>                             3,147,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             413,000
<INCOME-PRETAX>                              (682,000)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (682,000)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (682,000)
<EPS-PRIMARY>                                    (.07)
<EPS-DILUTED>                                        0