<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM UNAUDITED
CONSOLIDATED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2000
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               SEP-30-2000
<CASH>                                          14,556
<SECURITIES>                                   338,004
<RECEIVABLES>                                   15,654
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                18,301
<PP&E>                                          94,516
<DEPRECIATION>                                   8,714
<TOTAL-ASSETS>                                 472,317
<CURRENT-LIABILITIES>                           87,468
<BONDS>                                        199,512
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      4,541
<COMMON>                                        25,280
<OTHER-SE>                                     155,516
<TOTAL-LIABILITY-AND-EQUITY>                   472,317
<SALES>                                              0
<TOTAL-REVENUES>                                40,627
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                15,322
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              10,347
<INCOME-PRETAX>                                 14,958
<INCOME-TAX>                                     6,202
<INCOME-CONTINUING>                              8,756
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     8,756
<EPS-BASIC>                                        .46
<EPS-DILUTED>                                      .40