<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 4,677 <SECURITIES> 0 <RECEIVABLES> 30,947 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 41,501 <PP&E> 274,487 <DEPRECIATION> 109,291 <TOTAL-ASSETS> 371,813 <CURRENT-LIABILITIES> 43,812 <BONDS> 384,004 <PREFERRED-MANDATORY> 0 <PREFERRED> 15,537 <COMMON> 41 <OTHER-SE> (83,057) <TOTAL-LIABILITY-AND-EQUITY> 371,813 <SALES> 0 <TOTAL-REVENUES> 82,484 <CGS> 0 <TOTAL-COSTS> 39,728 <OTHER-EXPENSES> 23,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 15,622 <INCOME-PRETAX> 4,094 <INCOME-TAX> 2,127 <INCOME-CONTINUING> 1,967 <DISCONTINUED> 0 <EXTRAORDINARY> (1,312) <CHANGES> 0 <NET-INCOME> 655 <EPS-PRIMARY> (.10) <EPS-DILUTED> (.09)