<ARTICLE> 5 <MULTIPLIER> 1000 <CURRENCY> US$ <PERIOD-TYPE> 3-MOS 6-MOS <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1998 <PERIOD-START> APR-01-1998 JAN-01-1998 <PERIOD-END> JUN-30-1998 JUN-30-1998 <EXCHANGE-RATE> 1 1 <CASH> 8,074 8,074 <SECURITIES> 0 0 <RECEIVABLES> 4,034 4,034 <ALLOWANCES> 693 693 <INVENTORY> 0 0 <CURRENT-ASSETS> 14,818 14,818 <PP&E> 544,135 544,135 <DEPRECIATION> 61,195 61,195 <TOTAL-ASSETS> 509,866 509,866 <CURRENT-LIABILITIES> 18,444 18,444 <BONDS> 224,392 224,392 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 357 357 <OTHER-SE> 255,169 255,169 <TOTAL-LIABILITY-AND-EQUITY> 509,866 509,866 <SALES> 25,413 49,914 <TOTAL-REVENUES> 25,793 56,387 <CGS> 11,555 22,325 <TOTAL-COSTS> 11,555 22,325 <OTHER-EXPENSES> 1,650 1,001 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 4,237 8,015 <INCOME-PRETAX> 8,351 22,869 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 8,351 22,869 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 8,351 22,869 <EPS-PRIMARY> 0.23 0.64 <EPS-DILUTED> 0.23 0.64