<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM JUN-30-1997
FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                          24,079
<SECURITIES>                                       653
<RECEIVABLES>                                    8,583
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                82,811
<PP&E>                                         830,499
<DEPRECIATION>                                  68,995
<TOTAL-ASSETS>                               1,010,939
<CURRENT-LIABILITIES>                          141,263
<BONDS>                                        461,113
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      7,511
<COMMON>                                           365
<OTHER-SE>                                     285,592
<TOTAL-LIABILITY-AND-EQUITY>                 1,010,939
<SALES>                                         66,328
<TOTAL-REVENUES>                                66,328
<CGS>                                           22,133
<TOTAL-COSTS>                                   22,133
<OTHER-EXPENSES>                                15,455
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              12,249
<INCOME-PRETAX>                                  6,621
<INCOME-TAX>                                     3,443
<INCOME-CONTINUING>                              3,178
<DISCONTINUED>                                       0
<EXTRAORDINARY>                               (14,491)
<CHANGES>                                            0
<NET-INCOME>                                  (11,313)
<EPS-PRIMARY>                                   (0.31)
<EPS-DILUTED>                                   (0.30)