<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 13,203 <SECURITIES> 0 <RECEIVABLES> 9,952 <ALLOWANCES> 1,781 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 571,849 <DEPRECIATION> 95,200 <TOTAL-ASSETS> 547,331 <CURRENT-LIABILITIES> 0 <BONDS> 308,230 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 26 <OTHER-SE> 149,051 <TOTAL-LIABILITY-AND-EQUITY> 547,331 <SALES> 0 <TOTAL-REVENUES> 23,863 <CGS> 0 <TOTAL-COSTS> 15,007 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,355 <INCOME-PRETAX> 1,874 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,874 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,874 <EPS-BASIC> 0.07 <EPS-DILUTED> 0.07