<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 19,712 <SECURITIES> 0 <RECEIVABLES> 3,314 <ALLOWANCES> 918 <INVENTORY> 10,453 <CURRENT-ASSETS> 26,068 <PP&E> 156,572 <DEPRECIATION> (37,659) <TOTAL-ASSETS> 196,786 <CURRENT-LIABILITIES> 18,131 <BONDS> 132,297 <PREFERRED-MANDATORY> 40,309 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> 1,186 <TOTAL-LIABILITY-AND-EQUITY> 196,786 <SALES> 0 <TOTAL-REVENUES> 12,093 <CGS> 0 <TOTAL-COSTS> 13,029 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,532 <INCOME-PRETAX> (4,008) <INCOME-TAX> 333 <INCOME-CONTINUING> (4,490) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (1,159) <NET-INCOME> (5,649) <EPS-PRIMARY> (298.13) <EPS-DILUTED> 0