<ARTICLE>5
<LEGEND>
This Schedule contains summary financial information extracted from
the registrant's Balance Sheet as of December 31, 1999 and Income
Statement for the twelve months ended December 31, 1999 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>1
<PERIOD-TYPE>                                             12-MOS
<FISCAL-YEAR-END>                                    DEC-31-1999
<PERIOD-END>                                         DEC-31-1999
<CASH>                                                   773,000
<SECURITIES>                                                   0
<RECEIVABLES>                                          3,407,000
<ALLOWANCES>                                                   0
<INVENTORY>                                                    0
<CURRENT-ASSETS> <F1>                                          0
<PP&E>                                             1,062,479,000
<DEPRECIATION>                                      (195,386,000)
<TOTAL-ASSETS>                                       905,404,000
<CURRENT-LIABILITIES> <F1>                                     0
<BONDS>                                              349,200,000
<COMMON>                                              26,822,000
<PREFERRED-MANDATORY>                                          0
<PREFERRED>                                            4,140,000
<OTHER-SE>                                           503,869,000
<TOTAL-LIABILITY-AND-EQUITY>                         905,404,000
<SALES>                                                        0
<TOTAL-REVENUES>                                     104,510,000
<CGS>                                                          0
<TOTAL-COSTS>                                                  0
<OTHER-EXPENSES>                                      34,742,000
<LOSS-PROVISION>                                               0
<INTEREST-EXPENSE>                                    24,473,000
<INCOME-PRETAX>                                       46,596,000
<INCOME-TAX>                                                   0
<INCOME-CONTINUING>                                   46,596,000
<DISCONTINUED>                                                 0
<EXTRAORDINARY>                                         (355,000)
<CHANGES>                                                      0
<NET-INCOME>                                          46,241,000
<EPS-BASIC>                                                 1.53
<EPS-DILUTED>                                               1.53

<FN>
    Current assets and current liabilities are not applicable to
    the Company under current industry standards.
</FN>