<TABLE> <S> <C>

<ARTICLE> 5
<RESTATED> 
       
<S>                             <C>                     <C>                     <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   3-MOS                   3-MOS                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1996             DEC-31-1996             DEC-31-1996
<PERIOD-START>                             JAN-01-1996             APR-01-1996             JUL-01-1996             JAN-01-1996
<PERIOD-END>                               MAR-31-1996             JUN-30-1996             SEP-30-1996             DEC-31-1996
<CASH>                                         846,000               7,159,000               5,379,000               5,038,000
<SECURITIES>                                         0                       0                       0                       0
<RECEIVABLES>                               34,948,000              80,889,000              51,850,000              91,483,000
<ALLOWANCES>                                 (803,000)               (907,000)             (1,194,000)             (1,608,000)
<INVENTORY>                                          0                       0                       0                       0
<CURRENT-ASSETS>                                     0                       0                       0                       0
<PP&E>                                     424,245,000             423,790,000             429,591,000             479,478,000
<DEPRECIATION>                            (16,677,000)            (18,379,000)            (20,229,000)            (21,976,000)
<TOTAL-ASSETS>                             449,463,000             500,186,000             473,631,000             558,628,000
<CURRENT-LIABILITIES>                                0                       0                       0                       0
<BONDS>                                    231,814,000             248,999,000             221,928,000             238,748,000
<PREFERRED-MANDATORY>                                0                       0                       0                       0
<PREFERRED>                                          0                       0                       0                       0
<COMMON>                                       132,000                 150,000                 150,000                 182,000
<OTHER-SE>                                 209,990,000             241,856,000             242,696,000             312,472,000
<TOTAL-LIABILITY-AND-EQUITY>               449,463,000             500,186,000             473,631,000             558,628,000
<SALES>                                              0                       0                       0                       0
<TOTAL-REVENUES>                            14,707,000              15,327,000              15,906,000              63,135,000
<CGS>                                                0                       0                       0                       0
<TOTAL-COSTS>                                8,997,000               9,987,000               9,280,000              37,562,000
<OTHER-EXPENSES>                                     0                       0                       0               1,777,000
<LOSS-PROVISION>                                77,000                 224,000                 358,000               1,008,000
<INTEREST-EXPENSE>                           4,357,000               5,253,000               4,886,000              19,450,000
<INCOME-PRETAX>                              5,858,000               4,094,000               6,899,000              23,796,000
<INCOME-TAX>                                         0                       0                       0                       0
<INCOME-CONTINUING>                          5,858,000               4,094,000               6,899,000              23,796,000
<DISCONTINUED>                                       0                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0                       0
<CHANGES>                                            0                       0                       0                       0
<NET-INCOME>                                 5,858,000               4,094,000               6,899,000              23,796,000
<EPS-PRIMARY>                                     0.44<F1>                0.31<F1>                0.46<F1>                1.66<F1>
<EPS-DILUTED>                                     0.44                    0.31                    0.45                    1.62
<FN>
<F1>For Purposes of This Exhibit, Primary means Basic.
</FN>
        

</TABLE>