<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1997 <PERIOD-START> JAN-01-1998 JAN-01-1997 <PERIOD-END> DEC-31-1998 DEC-31-1997 <CASH> 6,443 8,929 <SECURITIES> 0 0 <RECEIVABLES> 17,086 8,503 <ALLOWANCES> (1,456) (1,136) <INVENTORY> 0 0 <CURRENT-ASSETS> 0 0 <PP&E> 1,194,284 834,690 <DEPRECIATION> (145,437) (121,780) <TOTAL-ASSETS> 1,105,928 757,654 <CURRENT-LIABILITIES> 0 0 <BONDS> 405,383 273,363 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 276 245 <OTHER-SE> 475,623 396,905 <TOTAL-LIABILITY-AND-EQUITY> 1,105,928 757,654 <SALES> 0 0 <TOTAL-REVENUES> 136,284 70,364 <CGS> 0 0 <TOTAL-COSTS> 64,615 32,705 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 1,107 1,078 <INTEREST-EXPENSE> 20,568 11,633 <INCOME-PRETAX> 38,822 21,558 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 0 0 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 3,204 <CHANGES> 0 0 <NET-INCOME> 38,822<F1> 24,762<F2> <EPS-PRIMARY> 1.44 1.20 <EPS-DILUTED> 1.33 1.19 <FN> <F1>Net income is after equity in income of unconsolidated subsidiary of $5 and minority interests of ($11,177). <F2>Net income is after equity in income of unconsolidated subsidiary of $23 and minority interests of ($3,413). </FN>