<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Balance Sheets at September 30, 1998 (Unaudited) and the
Consolidated Statement of Operations for the nine months ended September 30,
1998 (Unaudited) and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<PERIOD-TYPE> 3-MOS 9-MOS
<FISCAL-YEAR-END> DEC-31-1998 DEC-31-1998
<PERIOD-START> JAN-01-1998 JAN-01-1998
<PERIOD-END> SEP-30-1998 SEP-30-1998
<CASH> 22,267 22,267
<SECURITIES> 0 0
<RECEIVABLES> 0 0
<ALLOWANCES> 0 0
<INVENTORY> 0 0
<CURRENT-ASSETS> 0 0
<PP&E> 1,373,216 1,373,216
<DEPRECIATION> (107,647) (107,647)
<TOTAL-ASSETS> 1,321,904 1,321,904
<CURRENT-LIABILITIES> 0 0
<BONDS> 722,948 722,948
<PREFERRED-MANDATORY> 0 0
<PREFERRED> 59 59
<COMMON> 188 188
<OTHER-SE> 497,841 497,841
<TOTAL-LIABILITY-AND-EQUITY> 1,321,904 1,321,904
<SALES> 54,363 155,406
<TOTAL-REVENUES> 56,086 159,234
<CGS> 21,019 58,779
<TOTAL-COSTS> 21,019 58,779
<OTHER-EXPENSES> 15,673 43,889
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 11,630 34,294
<INCOME-PRETAX> 7,154 20,913
<INCOME-TAX> 0 0
<INCOME-CONTINUING> 7,154 20,913
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 (990)
<CHANGES> 0 0
<NET-INCOME> 7,154 19,923
<EPS-PRIMARY> 0.20 .64
<EPS-DILUTED> 0.20 .64