<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
September 30, 1997 financial statements and is qualified in its
entirety by reference to such financial statements. EPS amounts have
been restated to reflect the Company's adoption of Financial Accounting
Standards No. 128, "Earnings Per Share" as of December 31, 1997.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                          35,056
<SECURITIES>                                         0
<RECEIVABLES>                                   17,357
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               101,072
<PP&E>                                         887,914
<DEPRECIATION>                                  77,522
<TOTAL-ASSETS>                               1,081,134
<CURRENT-LIABILITIES>                          251,017
<BONDS>                                        425,807
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      7,511
<COMMON>                                           365
<OTHER-SE>                                     292,255
<TOTAL-LIABILITY-AND-EQUITY>                 1,081,134
<SALES>                                        103,321
<TOTAL-REVENUES>                               103,321
<CGS>                                           35,252
<TOTAL-COSTS>                                   35,252
<OTHER-EXPENSES>                                24,746
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              17,946
<INCOME-PRETAX>                                 17,932
<INCOME-TAX>                                     8,553
<INCOME-CONTINUING>                              9,379
<DISCONTINUED>                                       0
<EXTRAORDINARY>                               (14,491)
<CHANGES>                                            0
<NET-INCOME>                                   (5,112)
<EPS-PRIMARY>                                   (0.15)
<EPS-DILUTED>                                   (0.15)