<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 1,473 <SECURITIES> 0 <RECEIVABLES> 37,303 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 9,558 <PP&E> 768,790 <DEPRECIATION> 35,929 <TOTAL-ASSETS> 932,932 <CURRENT-LIABILITIES> 35,688 <BONDS> 312,257 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 32,328 <OTHER-SE> 405,394 <TOTAL-LIABILITY-AND-EQUITY> 932,932 <SALES> 0 <TOTAL-REVENUES> 117,461 <CGS> 0 <TOTAL-COSTS> 69,704 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 600 <INCOME-PRETAX> 47,757 <INCOME-TAX> 2,442 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 104,082 <EPS-BASIC> 3.24 <EPS-DILUTED> 3.18