<ARTICLE> 5 <MULTIPLIER> 1000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> SEP-30-2000 <CASH> 3,259 <SECURITIES> 0 <RECEIVABLES> 3,571 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 765,602 <DEPRECIATION> 29,639 <TOTAL-ASSETS> 784,865 <CURRENT-LIABILITIES> 0 <BONDS> 465,696 <PREFERRED-MANDATORY> 0 <PREFERRED> 12 <COMMON> 206 <OTHER-SE> 194,191 <TOTAL-LIABILITY-AND-EQUITY> 784,865 <SALES> 0 <TOTAL-REVENUES> 80,317 <CGS> 0 <TOTAL-COSTS> 35,570 <OTHER-EXPENSES> 3,827 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 23,154 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 17,766 <DISCONTINUED> 0 <EXTRAORDINARY> (151) <CHANGES> 0 <NET-INCOME> 11,047 <EPS-BASIC> 0.44 <EPS-DILUTED> 0.42