
<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary information extracted from the
Consoldiated Balance Sheet at December 31, 1996 and the Consolidated
Statement of Operations for the year ended December 31, 1996 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                           4,298
<SECURITIES>                                         0
<RECEIVABLES>                                   12,504
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                               0
<DEPRECIATION>                                 114,536
<TOTAL-ASSETS>                               1,025,925
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           210
<OTHER-SE>                                     272,594
<TOTAL-LIABILITY-AND-EQUITY>                 1,025,925
<SALES>                                              0
<TOTAL-REVENUES>                               146,805
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                79,328
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              15,495
<INCOME-PRETAX>                                 35,243
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             35,243
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  (820)
<CHANGES>                                            0
<NET-INCOME>                                    34,423
<EPS-PRIMARY>                                     1.65
<EPS-DILUTED>                                     1.65


</TABLE>
