WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

 



<ARTICLE> 5

<MULTIPLIER> 1,000

                                                    
<PERIOD-TYPE>                   YEAR                     YEAR
<FISCAL-YEAR-END>                          DEC-31-1995             DEC-31-1994
<PERIOD-START>                             JAN-01-1995             JAN-01-1994
<PERIOD-END>                               DEC-31-1995             DEC-31-1994
<CASH>                                           3,109                     437
<SECURITIES>                                         0                       0
<RECEIVABLES>                                    2,628                   1,826
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                                     0                       0
<PP&E>                                         276,292                 229,322
<DEPRECIATION>                                  20,311                  13,835
<TOTAL-ASSETS>                                 294,970                 236,570
<CURRENT-LIABILITIES>                                0                       0
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                           150                     113
<OTHER-SE>                                     158,938                 117,620
<TOTAL-LIABILITY-AND-EQUITY>                   294,970                 236,570
<SALES>                                              0                       0
<TOTAL-REVENUES>                                31,362                  22,025
<CGS>                                                0                       0
<TOTAL-COSTS>                                        0                       0
<OTHER-EXPENSES>                                13,577                  10,144
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                               7,195                   6,919
<INCOME-PRETAX>                                 10,809                   4,655
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                             10,809                   4,655
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                    531                   2,092
<CHANGES>                                            0                       0
<NET-INCOME>                                    10,278                   2,563
<EPS-BASIC>                                        .78                       0
<EPS-DILUTED>                                      .78                       0