<TABLE> <S> <C>


<ARTICLE>                     5
<MULTIPLIER>                  1,000
<CURRENCY>                    U.S. Dollars
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                                                    DEC-31-1997
<PERIOD-START>                                                       JAN-01-1997
<PERIOD-END>                                                         SEP-30-1997
<EXCHANGE-RATE>                                                                1
<CASH>                                                                    11,201
<SECURITIES>                                                                   0
<RECEIVABLES>                                                                  0
<ALLOWANCES>                                                                   0
<INVENTORY>                                                                    0
<CURRENT-ASSETS>                                                          11,201
<PP&E>                                                                   262,257
<DEPRECIATION>                                                            11,539
<TOTAL-ASSETS>                                                           275,305
<CURRENT-LIABILITIES>                                                          0
<BONDS>                                                                        0
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                                    0
<COMMON>                                                                      50
<OTHER-SE>                                                                97,935
<TOTAL-LIABILITY-AND-EQUITY>                                             275,305
<SALES>                                                                        0
<TOTAL-REVENUES>                                                          39,138
<CGS>                                                                          0
<TOTAL-COSTS>                                                             22,528
<OTHER-EXPENSES>                                                               0
<LOSS-PROVISION>                                                               0
<INTEREST-EXPENSE>                                                         6,460
<INCOME-PRETAX>                                                           10,150
<INCOME-TAX>                                                                   0
<INCOME-CONTINUING>                                                       10,150
<DISCONTINUED>                                                                 0
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                              10,150
<EPS-PRIMARY>                                                               2.28
<EPS-DILUTED>                                                               2.28
                                                                     

</TABLE>