<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONSOLIDATED
BALANCED SHEETS AND CONSOLIDATED STATEMENTS OF OPERATIONS 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-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                          22,766
<SECURITIES>                                         0
<RECEIVABLES>                                   27,061
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                52,058
<PP&E>                                          12,167
<DEPRECIATION>                                   7,443
<TOTAL-ASSETS>                                 456,990
<CURRENT-LIABILITIES>                           18,815
<BONDS>                                        159,500
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       273,652
<OTHER-SE>                                    (13,912)
<TOTAL-LIABILITY-AND-EQUITY>                   456,990
<SALES>                                              0
<TOTAL-REVENUES>                                95,287
<CGS>                                                0
<TOTAL-COSTS>                                   72,726
<OTHER-EXPENSES>                                12,249<F1>
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               8,479
<INCOME-PRETAX>                                  3,007
<INCOME-TAX>                                     1,364
<INCOME-CONTINUING>                              1,643
<DISCONTINUED>                                       0
<EXTRAORDINARY>                               (10,011)
<CHANGES>                                            0
<NET-INCOME>                                   (8,368)
<EPS-PRIMARY>                                   (3.69)
<EPS-DILUTED>                                   (1.02)
<FN>
<F1>MINORITY INTEREST
</FN>