<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <EXCHANGE-RATE> 1 <CASH> 6,664 <SECURITIES> 0 <RECEIVABLES> 14,445 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 23,944 <PP&E> 35,564 <DEPRECIATION> 0 <TOTAL-ASSETS> 130,013 <CURRENT-LIABILITIES> 8,689 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 128 <OTHER-SE> 44,595 <TOTAL-LIABILITY-AND-EQUITY> 130,013 <SALES> 75,871 <TOTAL-REVENUES> 75,871 <CGS> 0 <TOTAL-COSTS> 48,544 <OTHER-EXPENSES> 11,487 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,609 <INCOME-PRETAX> 11,231 <INCOME-TAX> 4,880 <INCOME-CONTINUING> 6,351 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,351 <EPS-PRIMARY> .50 <EPS-DILUTED> .49