<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 1,248 <SECURITIES> 0 <RECEIVABLES> 2,462 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 7,869 <PP&E> 565,986 <DEPRECIATION> 36,681 <TOTAL-ASSETS> 537,174 <CURRENT-LIABILITIES> 230,840 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 289,060 <TOTAL-LIABILITY-AND-EQUITY> 537,174 <SALES> 0 <TOTAL-REVENUES> 21,798 <CGS> 0 <TOTAL-COSTS> 6,752 <OTHER-EXPENSES> 4,913 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,914 <INCOME-PRETAX> 6,219 <INCOME-TAX> 0 <INCOME-CONTINUING> 6,219 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,219 <EPS-BASIC> 0.42 <EPS-DILUTED> 0.42