<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> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-1-1999 <PERIOD-END> JUN-30-1999 <CASH> 9190 <SECURITIES> 0 <RECEIVABLES> 5,246 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 350,553 <DEPRECIATION> 84,174 <TOTAL-ASSETS> 336,873 <CURRENT-LIABILITIES> 0 <BONDS> 287,902 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 8 <OTHER-SE> 17,589 <TOTAL-LIABILITY-AND-EQUITY> 336,873 <SALES> 0 <TOTAL-REVENUES> 48,995 <CGS> 0 <TOTAL-COSTS> 30,759 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 14,703 <INCOME-PRETAX> (8,296) <INCOME-TAX> (3,147) <INCOME-CONTINUING> (5,149) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,149) <EPS-BASIC> (6.44) <EPS-DILUTED> (6.44)