<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JAN-31-1998 <PERIOD-START> FEB-01-1997 <PERIOD-END> JAN-31-1998 <CASH> 54,854 <SECURITIES> 0 <RECEIVABLES> 199,888 <ALLOWANCES> 8,169 <INVENTORY> 58,696 <CURRENT-ASSETS> 0 <PP&E> 2,704,560 <DEPRECIATION> 448,634 <TOTAL-ASSETS> 2,963,353 <CURRENT-LIABILITIES> 0 <BONDS> 2,132,931 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,145 <OTHER-SE> 288,285 <TOTAL-LIABILITY-AND-EQUITY> 2,963,353 <SALES> 0 <TOTAL-REVENUES> 632,669 <CGS> 0 <TOTAL-COSTS> 454,324 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 136,322 <INCOME-PRETAX> 3,385 <INCOME-TAX> 2,202 <INCOME-CONTINUING> 1,183 <DISCONTINUED> 0 <EXTRAORDINARY> 19,356 <CHANGES> 0 <NET-INCOME> 20,539 <EPS-PRIMARY> 1.42 <EPS-DILUTED> 1.42