<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                           2,757
<SECURITIES>                                         0
<RECEIVABLES>                                    3,103
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         337,817
<DEPRECIATION>                                  39,083
<TOTAL-ASSETS>                                 317,962
<CURRENT-LIABILITIES>                                0
<BONDS>                                        165,743
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          1
<COMMON>                                            63
<OTHER-SE>                                     112,073
<TOTAL-LIABILITY-AND-EQUITY>                   317,962
<SALES>                                              0
<TOTAL-REVENUES>                                36,312
<CGS>                                                0
<TOTAL-COSTS>                                   11,365
<OTHER-EXPENSES>                                 8,107<F1>
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               6,668
<INCOME-PRETAX>                                  5,483
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              5,483
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  (561)
<CHANGES>                                            0
<NET-INCOME>                                     4,922
<EPS-PRIMARY>                                      .58
<EPS-DILUTED>                                      .58
<FN>
<F1>Depreciation and amortization
</FN>