<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> JUN-30-2000 <CASH> 8,517 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 8,517 <PP&E> 827,918 <DEPRECIATION> 23,924 <TOTAL-ASSETS> 960,301 <CURRENT-LIABILITIES> 34,709 <BONDS> 343,179 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 581,918 <TOTAL-LIABILITY-AND-EQUITY> 960,301 <SALES> 0 <TOTAL-REVENUES> 49,887 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 17,519 <LOSS-PROVISION> 38,331 <INTEREST-EXPENSE> 12,884 <INCOME-PRETAX> (19,223) <INCOME-TAX> (1,193) <INCOME-CONTINUING> (20,416) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (20,416) <EPS-BASIC> (.80) <EPS-DILUTED> (.80)