<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF OPERATIONS FOUND ON
PAGES 34 AND 35 OF THE COMPANY'S FORM 10-K FOR THE YEAR AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                          25,154
<SECURITIES>                                         0
<RECEIVABLES>                                   26,801
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                       1,607,429
<DEPRECIATION>                               (200,250)
<TOTAL-ASSETS>                               1,505,000
<CURRENT-LIABILITIES>                           32,444
<BONDS>                                      1,122,959
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           257
<OTHER-SE>                                     216,038
<TOTAL-LIABILITY-AND-EQUITY>                 1,505,002
<SALES>                                              0
<TOTAL-REVENUES>                               221,214
<CGS>                                                0
<TOTAL-COSTS>                                   73,660
<OTHER-EXPENSES>                                58,546
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              66,407
<INCOME-PRETAX>                                 22,601
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             22,601
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  (555)
<CHANGES>                                            0
<NET-INCOME>                                    22,046
<EPS-PRIMARY>                                     0.85
<EPS-DILUTED>                                     0.84