<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. Dollars <PERIOD-TYPE> 3-Mos <FISCAL-YEAR-END> Dec-31-1999 <PERIOD-START> Jul-01-1999 <PERIOD-END> Sep-30-1999 <EXCHANGE-RATE> 1 <CASH> 5,463 <SECURITIES> 0 <RECEIVABLES> 16,442 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 21,905 <PP&E> 1,403,056 <DEPRECIATION> 76,780 <TOTAL-ASSETS> 1,628,132 <CURRENT-LIABILITIES> 20,360 <BONDS> 595,591 <PREFERRED-MANDATORY> 0 <PREFERRED> 30 <COMMON> 399 <OTHER-SE> 1,011,752 <TOTAL-LIABILITY-AND-EQUITY> 1,628,132 <SALES> 46,287 <TOTAL-REVENUES> 46,486 <CGS> 16,532 <TOTAL-COSTS> 26,256 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 9,724 <INCOME-PRETAX> 20,230 <INCOME-TAX> 0 <INCOME-CONTINUING> 20,230 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 20,230 <EPS-BASIC> 0.47 <EPS-DILUTED> 0.47