<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 43,875 <SECURITIES> 0 <RECEIVABLES> 3,496 <ALLOWANCES> 535 <INVENTORY> 9,328 <CURRENT-ASSETS> 53,422 <PP&E> 132,237 <DEPRECIATION> (30,864) <TOTAL-ASSETS> 205,909 <CURRENT-LIABILITIES> 26,573 <BONDS> 130,090 <COMMON> 1 <PREFERRED-MANDATORY> 38,069 <PREFERRED> 0 <OTHER-SE> 7,523 <TOTAL-LIABILITY-AND-EQUITY> 205,909 <SALES> 0 <TOTAL-REVENUES> 26,801 <CGS> 0 <TOTAL-COSTS> (41,205) <OTHER-EXPENSES> 0 <LOSS-PROVISION> (10) <INTEREST-EXPENSE> 9,880 <INCOME-PRETAX> 22,309 <INCOME-TAX> 358 <INCOME-CONTINUING> (20,411) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (3,114) <NET-INCOME> (23,525) <EPS-PRIMARY> (1,241.56) <EPS-DILUTED> 0