<ARTICLE>  5
<LEGEND>   This schedule contains summary financial information extracted from the
           Consolidated Balance Sheet and Consolidated Statement of Operations included
           in the Company's Form 10-K for the year ended December 31, 1999 and is
           qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<MULTIPLIER>1000

                                      
<FISCAL-YEAR-END>                        Dec-31-1999
<PERIOD-START>                           Jan-01-1999
<PERIOD-END>                             Dec-31-1999
<PERIOD-TYPE>                            12-MOS
<CASH>                                      17,138
<SECURITIES>                                 6,896
<RECEIVABLES>                                    0
<ALLOWANCES>                                     0
<INVENTORY>                                      0
<CURRENT-ASSETS>                            30,753
<PP&E>                                      56,968
<DEPRECIATION>                              18,921
<TOTAL-ASSETS>                             182,551
<CURRENT-LIABILITIES>                        8,084
<BONDS>                                          0
<PREFERRED-MANDATORY>                            0
<PREFERRED>                                      0
<COMMON>                                       193
<OTHER-SE>                                 164,550
<TOTAL-LIABILITY-AND-EQUITY>               182,551
<SALES>                                          0
<TOTAL-REVENUES>                            35,754
<CGS>                                            0
<TOTAL-COSTS>                                    0
<OTHER-EXPENSES>                            46,087
<LOSS-PROVISION>                                 0
<INTEREST-EXPENSE>                               0
<INCOME-PRETAX>                            (10,333)
<INCOME-TAX>                                     0
<INCOME-CONTINUING>                        (10,333)
<DISCONTINUED>                                   0
<EXTRAORDINARY>                                  0
<CHANGES>                                        0
<NET-INCOME>                               (10,333)
<EPS-BASIC>                                (0.55)
<EPS-DILUTED>                                (0.55)