<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 33,405 <SECURITIES> 0 <RECEIVABLES> 40,650 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 55,749 <PP&E> 2,370,759 <DEPRECIATION> 140,044 <TOTAL-ASSETS> 2,471,446 <CURRENT-LIABILITIES> 51,166 <BONDS> 835,925 <PREFERRED-MANDATORY> 0 <PREFERRED> 80 <COMMON> 557 <OTHER-SE> 1,416,914 <TOTAL-LIABILITY-AND-EQUITY> 2,471,446 <SALES> 0 <TOTAL-REVENUES> 271,025 <CGS> 0 <TOTAL-COSTS> 158,986 <OTHER-EXPENSES> 9,743 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 36,313 <INCOME-PRETAX> 82,719 <INCOME-TAX> 0 <INCOME-CONTINUING> 82,719 <DISCONTINUED> (2,263) <EXTRAORDINARY> (2,335) <CHANGES> 0 <NET-INCOME> 78,121 <EPS-PRIMARY> 1.38 <EPS-DILUTED> 1.38