<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM 10-Q FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 8,199 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 1,454,081 <DEPRECIATION> 215,258 <TOTAL-ASSETS> 1,504,591 <CURRENT-LIABILITIES> 0 <BONDS> 711,666 <PREFERRED-MANDATORY> 0 <PREFERRED> 187,847 <COMMON> 32,046 <OTHER-SE> 397,982 <TOTAL-LIABILITY-AND-EQUITY> 1,504,591 <SALES> 0 <TOTAL-REVENUES> 153,651 <CGS> 0 <TOTAL-COSTS> 25,694 <OTHER-EXPENSES> 19,334 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 39,496 <INCOME-PRETAX> 69,227 <INCOME-TAX> 0 <INCOME-CONTINUING> 69,227 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 69,227 <EPS-BASIC> 1.80 <EPS-DILUTED> 1.80