<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 1,262,000 <SECURITIES> 0 <RECEIVABLES> 2,451,000 <ALLOWANCES> 436,000 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 333,583,000 <DEPRECIATION> 60,995,000 <TOTAL-ASSETS> 285,289,000 <CURRENT-LIABILITIES> 59,578,000 <BONDS> 151,887,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 90,000 <OTHER-SE> 72,655,000 <TOTAL-LIABILITY-AND-EQUITY> 285,289,000 <SALES> 0 <TOTAL-REVENUES> 24,623,000 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 15,845,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,584,000 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,212,000 <EPS-BASIC> 0.15 <EPS-DILUTED> 0.15