<ARTICLE>                5
<LEGEND>
This schedule contains summary  information  extracted from the Balance Sheet at
March 31, 2000 and Statement of Operations  for the three months ended March 31,
2000,  and  is  qualified  in  its  entirety  by  reference  to  such  financial
statements.

</LEGEND>
<MULTIPLIER>                                  1000

                                      
<PERIOD-TYPE>                                 3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                             31,450
<SECURITIES>                                            0
<RECEIVABLES>                                           0
<ALLOWANCES>                                            0
<INVENTORY>                                             0
<CURRENT-ASSETS>                                        0
<PP&E>                                          1,385,137
<DEPRECIATION>                                   (156,211)
<TOTAL-ASSETS>                                  1,298,543
<CURRENT-LIABILITIES>                                   0
<BONDS>                                           754,475
<PREFERRED-MANDATORY>                                   0
<PREFERRED>                                            69
<COMMON>                                              176
<OTHER-SE>                                        457,064
<TOTAL-LIABILITY-AND-EQUITY>                    1,298,543
<SALES>                                            54,492
<TOTAL-REVENUES>                                   55,408
<CGS>                                              20,314
<TOTAL-COSTS>                                      20,314
<OTHER-EXPENSES>                                   17,953
<LOSS-PROVISION>                                        0
<INTEREST-EXPENSE>                                 12,220
<INCOME-PRETAX>                                     7,372
<INCOME-TAX>                                            0
<INCOME-CONTINUING>                                 7,372
<DISCONTINUED>                                          0
<EXTRAORDINARY>                                       (56)
<CHANGES>                                               0
<NET-INCOME>                                        7,316
<EPS-BASIC>                                        0.19
<EPS-DILUTED>                                        0.19