<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-K. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 20,400 <SECURITIES> 0 <RECEIVABLES> 11,158 <ALLOWANCES> 0 <INVENTORY> 826 <CURRENT-ASSETS> 54,446 <PP&E> 419,093 <DEPRECIATION> 27,625 <TOTAL-ASSETS> 595,854 <CURRENT-LIABILITIES> 28,642 <BONDS> 299,241 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 171 <OTHER-SE> 145,671 <TOTAL-LIABILITY-AND-EQUITY> 595,854 <SALES> 0 <TOTAL-REVENUES> 142,357 <CGS> 0 <TOTAL-COSTS> 113,361 <OTHER-EXPENSES> 162 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 17,924 <INCOME-PRETAX> 15,002 <INCOME-TAX> 5,652 <INCOME-CONTINUING> 9,350 <DISCONTINUED> 2,146 <EXTRAORDINARY> 0 <CHANGES> 304 <NET-INCOME> 6,900 <EPS-PRIMARY> 0.49 <EPS-DILUTED> 0.49