<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM
10-Q FOR THE SIX MONTHS ENDED JUNE 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                           5,416
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                       1,471,266
<DEPRECIATION>                                 208,803
<TOTAL-ASSETS>                               1,512,994
<CURRENT-LIABILITIES>                                0
<BONDS>                                        712,302
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    187,847
<COMMON>                                        32,044
<OTHER-SE>                                     394,314
<TOTAL-LIABILITY-AND-EQUITY>                 1,512,994
<SALES>                                              0
<TOTAL-REVENUES>                               101,433
<CGS>                                                0
<TOTAL-COSTS>                                   23,897
<OTHER-EXPENSES>                                12,739
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              25,743
<INCOME-PRETAX>                                 39,054
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             39,054
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    39,054
<EPS-BASIC>                                       0.98
<EPS-DILUTED>                                     0.98