<ARTICLE>                     5
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements of the company for the three months ended September 30,
1999 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>                             JUN-25-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                             573
<SECURITIES>                                    99,975
<RECEIVABLES>                                        0
<ALLOWANCES>                                       492
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 1,065
<PP&E>                                         216,667
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 319,997
<CURRENT-LIABILITIES>                            4,124
<BONDS>                                        308,500
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                   319,997
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                   162
<LOSS-PROVISION>                                (1,858)
<INTEREST-EXPENSE>                               3,695
<INCOME-PRETAX>                                 (1,858)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             (1,858)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    (1,858)
<EPS-BASIC>                                     0.00
<EPS-DILUTED>                                     0.00