<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
12/31/96 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                          11,048
<SECURITIES>                                     3,866
<RECEIVABLES>                                   11,526
<ALLOWANCES>                                        76
<INVENTORY>                                          0
<CURRENT-ASSETS>                                84,360
<PP&E>                                         773,254
<DEPRECIATION>                                  96,421
<TOTAL-ASSETS>                                 914,524
<CURRENT-LIABILITIES>                          266,563
<BONDS>                                        217,078
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      8,515
<COMMON>                                           363
<OTHER-SE>                                     291,766
<TOTAL-LIABILITY-AND-EQUITY>                   914,524
<SALES>                                        129,795
<TOTAL-REVENUES>                               133,977
<CGS>                                           36,654
<TOTAL-COSTS>                                   36,654
<OTHER-EXPENSES>                                68,600
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              15,897
<INCOME-PRETAX>                                 20,945
<INCOME-TAX>                                    (2,860)
<INCOME-CONTINUING>                             23,805
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                 (1,196)
<CHANGES>                                            0
<NET-INCOME>                                    22,609
<EPS-PRIMARY>                                     0.59
<EPS-DILUTED>                                     0.61