<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated statement of operations for the fiscal year ended November 30, 1999
and the consolidated balance sheets as of November 30, 1999, and is qualified in
this entirety by reference to such consolidated financial statements.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-START>                             DEC-01-1999
<PERIOD-END>                               NOV-30-1999
<CASH>                                          35,119
<SECURITIES>                                         0
<RECEIVABLES>                                    2,271
<ALLOWANCES>                                     (363)
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         972,030
<DEPRECIATION>                                (85,979)
<TOTAL-ASSETS>                                 957,474
<CURRENT-LIABILITIES>                                0
<BONDS>                                        935,543
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                    (54,682)
<TOTAL-LIABILITY-AND-EQUITY>                   957,474
<SALES>                                        114,651
<TOTAL-REVENUES>                               116,496
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                              (60,844)
<LOSS-PROVISION>                               (6,361)
<INTEREST-EXPENSE>                            (63,584)
<INCOME-PRETAX>                                (7,932)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (7,932)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (7,932)
<EPS-BASIC>                                          0
<EPS-DILUTED>                                        0