<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-01-1998 <CASH> 5,023 <SECURITIES> 0 <RECEIVABLES> 18,951 <ALLOWANCES> (548) <INVENTORY> 0 <CURRENT-ASSETS> 24,768 <PP&E> 46,020 <DEPRECIATION> (16,999) <TOTAL-ASSETS> 166,485 <CURRENT-LIABILITIES> 17,814 <BONDS> 153,112 <PREFERRED-MANDATORY> 8,044 <PREFERRED> 0 <COMMON> 166 <OTHER-SE> (126,661) <TOTAL-LIABILITY-AND-EQUITY> 166,485 <SALES> 0 <TOTAL-REVENUES> 24,123 <CGS> 0 <TOTAL-COSTS> (27,833) <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (4,442) <INCOME-PRETAX> (8,152) <INCOME-TAX> 0 <INCOME-CONTINUING> (8,152) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (8,152) <EPS-PRIMARY> (.51) <EPS-DILUTED> (.51)