<ARTICLE> 5
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                           3,965
<SECURITIES>                                    14,109
<RECEIVABLES>                                      649
<ALLOWANCES>                                       250
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         312,001
<DEPRECIATION>                                  30,245
<TOTAL-ASSETS>                                 318,694
<CURRENT-LIABILITIES>                                0
<BONDS>                                        219,278
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                      87,410
<TOTAL-LIABILITY-AND-EQUITY>                   318,694
<SALES>                                              0
<TOTAL-REVENUES>                                49,764
<CGS>                                                0
<TOTAL-COSTS>                                   28,849
<OTHER-EXPENSES>                                 6,073
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              15,832
<INCOME-PRETAX>                                  2,193
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              2,193
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,193
<EPS-BASIC>                                        .55
<EPS-DILUTED>                                      .55