<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Form 10-K for the year ended December 31, 1999 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 2,297 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,297 <PP&E> 817,284 <DEPRECIATION> 17,287 <TOTAL-ASSETS> 856,259 <CURRENT-LIABILITIES> 29,444 <BONDS> 317,351 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 512,600 <TOTAL-LIABILITY-AND-EQUITY> 856,259 <SALES> 0 <TOTAL-REVENUES> 88,506 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 29,004 <LOSS-PROVISION> 6,316 <INTEREST-EXPENSE> 18,801 <INCOME-PRETAX> 34,078 <INCOME-TAX> 0 <INCOME-CONTINUING> 34,078 <DISCONTINUED> 0 <EXTRAORDINARY> (39) <CHANGES> 0 <NET-INCOME> 34,039 <EPS-BASIC> 1.33 <EPS-DILUTED> 1.33