<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JUL-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 7,205,000 <SECURITIES> 0 <RECEIVABLES> 15,334,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 990,380,000 <DEPRECIATION> (95,642,000) <TOTAL-ASSETS> 922,411,000 <CURRENT-LIABILITIES> 0 <BONDS> 444,097,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,000 <COMMON> 380,000 <OTHER-SE> 441,529,000 <TOTAL-LIABILITY-AND-EQUITY> 922,411,000 <SALES> 0 <TOTAL-REVENUES> 29,337,000 <CGS> 0 <TOTAL-COSTS> 15,222,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 9,434,000 <INCOME-PRETAX> 4,188,000 <INCOME-TAX> 4,188,000 <INCOME-CONTINUING> 4,188,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,188,000 <EPS-BASIC> 0.11 <EPS-DILUTED> 0.11