<ARTICLE>                     5
<LEGEND>
  THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
  COMPANY'S CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS
  ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<MULTIPLIER>                                   1000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-1-1999
<PERIOD-END>                                   MAR-31-1999
<CASH>                                         19,590
<SECURITIES>                                   0
<RECEIVABLES>                                  4,856
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               0
<PP&E>                                         354,768
<DEPRECIATION>                                 83,125
<TOTAL-ASSETS>                                 342,399
<CURRENT-LIABILITIES>                          0
<BONDS>                                        289,445
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       8
<OTHER-SE>                                     18,830
<TOTAL-LIABILITY-AND-EQUITY>                   342,399
<SALES>                                        0
<TOTAL-REVENUES>                               21,732
<CGS>                                          0
<TOTAL-COSTS>                                  14,815
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             7,306
<INCOME-PRETAX>                                (6,398)
<INCOME-TAX>                                   (2,490)
<INCOME-CONTINUING>                            (3,908)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (3,908)
<EPS-BASIC>                                  (4.89)
<EPS-DILUTED>                                  (4.89)