
<TABLE> <S> <C>

<ARTICLE> 5
       
<S>                             <C>
<PERIOD-TYPE>                   QTR-3
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               SEP-30-1994
<CASH>                                           3,106
<SECURITIES>                                       651
<RECEIVABLES>                                   51,856
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         132,450
<DEPRECIATION>                                  11,293
<TOTAL-ASSETS>                                 307,896
<CURRENT-LIABILITIES>                                0
<BONDS>                                         20,145
<COMMON>                                        27,843
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     243,507
<TOTAL-LIABILITY-AND-EQUITY>                   307,896
<SALES>                                              0
<TOTAL-REVENUES>                                20,405
<CGS>                                                0
<TOTAL-COSTS>                                   15,798
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 348
<INCOME-PRETAX>                                 13,957
<INCOME-TAX>                                     (112)
<INCOME-CONTINUING>                             14,069
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    18,988
<EPS-PRIMARY>                                      .68
<EPS-DILUTED>                                      .68
        

</TABLE>
