<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONSOLIDATED
BALANCE SHEETS AND STATEMENTS OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               DEC-31-1999
<CASH>                                          29,117
<SECURITIES>                                         0
<RECEIVABLES>                                    1,731
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               388,098
<PP&E>                                      12,238,963
<DEPRECIATION>                               1,070,487
<TOTAL-ASSETS>                              11,715,689
<CURRENT-LIABILITIES>                          279,908
<BONDS>                                      5,473,868
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  1,310,266
<COMMON>                                         1,275
<OTHER-SE>                                   4,195,543
<TOTAL-LIABILITY-AND-EQUITY>                11,715,689
<SALES>                                      1,729,267
<TOTAL-REVENUES>                             1,753,118
<CGS>                                                0
<TOTAL-COSTS>                                  650,528
<OTHER-EXPENSES>                                22,296
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             341,273
<INCOME-PRETAX>                                330,333
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            330,333
<DISCONTINUED>                                  93,535
<EXTRAORDINARY>                                  (451)
<CHANGES>                                            0
<NET-INCOME>                                   310,221
<EPS-BASIC>                                       2.30
<EPS-DILUTED>                                     2.29