<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 9,209 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 9,209 <PP&E> 824,309 <DEPRECIATION> 20,192 <TOTAL-ASSETS> 871,095 <CURRENT-LIABILITIES> 20,660 <BONDS> 340,024 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 503,515 <TOTAL-LIABILITY-AND-EQUITY> 871,095 <SALES> 0 <TOTAL-REVENUES> 23276 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 7,522 <LOSS-PROVISION> 355 <INTEREST-EXPENSE> 6,010 <INCOME-PRETAX> 9,625 <INCOME-TAX> 0 <INCOME-CONTINUING> 9,625 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,625 <EPS-BASIC> .38 <EPS-DILUTED> .38