<ARTICLE>                     5
<LEGEND>
This schedule contains summary  information  extracted from the Balance Sheet at
June 30, 1999 and  Statement  of  Operations  for the three and six months ended
June 30, 1999,  and is qualified in its entirety by reference to such  financial
statements.

</LEGEND>
<MULTIPLIER>                                  1000

                                                    
<PERIOD-TYPE>                            3-MOS                6-MOS
<FISCAL-YEAR-END>                     DEC-31-1999          DEC-31-1999
<PERIOD-END>                          JUN-30-1999          JUN-30-1999
<CASH>                                         32,148               32,148
<SECURITIES>                                        0                    0
<RECEIVABLES>                                       0                    0
<ALLOWANCES>                                        0                    0
<INVENTORY>                                         0                    0
<CURRENT-ASSETS>                                    0                    0
<PP&E>                                      1,395,503            1,395,503
<DEPRECIATION>                               (136,227)            (136,227)
<TOTAL-ASSETS>                              1,323,245            1,323,245
<CURRENT-LIABILITIES>                               0                    0
<BONDS>                                       729,146              729,146
<PREFERRED-MANDATORY>                               0                    0
<PREFERRED>                                        69                   69
<COMMON>                                          190                  190
<OTHER-SE>                                    504,791              504,791
<TOTAL-LIABILITY-AND-EQUITY>                1,323,245            1,323,245
<SALES>                                        55,040              111,222
<TOTAL-REVENUES>                               56,362              113,472
<CGS>                                          21,206               42,456
<TOTAL-COSTS>                                  21,206               42,456
<OTHER-EXPENSES>                               16,320               32,667
<LOSS-PROVISION>                                    0                    0
<INTEREST-EXPENSE>                             12,195               24,196
<INCOME-PRETAX>                                 6,641               14,153
<INCOME-TAX>                                        0                    0
<INCOME-CONTINUING>                             6,641               14,153
<DISCONTINUED>                                      0                    0
<EXTRAORDINARY>                                     0                    0
<CHANGES>                                           0                    0
<NET-INCOME>                                    2,689               13,636
<EPS-BASIC>                                   (0.07)                0.29
<EPS-DILUTED>                                   (0.07)                0.29