<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 55,036 <SECURITIES> 4,000 <RECEIVABLES> 5,306 <ALLOWANCES> 179 <INVENTORY> 0 <CURRENT-ASSETS> 69,627 <PP&E> 336,058 <DEPRECIATION> 9,133 <TOTAL-ASSETS> 414,669 <CURRENT-LIABILITIES> 25,771 <BONDS> 266,286 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 173 <OTHER-SE> 119,024 <TOTAL-LIABILITY-AND-EQUITY> 414,669 <SALES> 89,384 <TOTAL-REVENUES> 89,384 <CGS> 57,443 <TOTAL-COSTS> 99,611 <OTHER-EXPENSES> 1,174 <LOSS-PROVISION> 359 <INTEREST-EXPENSE> 11,039 <INCOME-PRETAX> (19,222) <INCOME-TAX> 0 <INCOME-CONTINUING> (19,222) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (1,523) <NET-INCOME> (20,745) <EPS-BASIC> (1.27) <EPS-DILUTED> (1.27)