<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 9,921 <SECURITIES> 0 <RECEIVABLES> 11,573 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 1,037,997 <DEPRECIATION> 141,156 <TOTAL-ASSETS> 962,626 <CURRENT-LIABILITIES> 0 <BONDS> 680,915 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 261 <OTHER-SE> 238,440 <TOTAL-LIABILITY-AND-EQUITY> 962,626 <SALES> 0 <TOTAL-REVENUES> 109,060 <CGS> 0 <TOTAL-COSTS> 32,757 <OTHER-EXPENSES> 7,869<F1> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 40,544 <INCOME-PRETAX> 27,890 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> (4,905) <CHANGES> 0 <NET-INCOME> 22,985 <EPS-BASIC> 0.90 <EPS-DILUTED> 0.90 <FN> <F1>Includes depreciation and amortization of $18,387, $4,478 allocated to minority interests, $5,365 in G&A costs and $20,361 gain on sale of assets. </FN>