<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> SEP-30-2000 <CASH> 158,907 <SECURITIES> 565,124 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 676,533 <DEPRECIATION> 63,429 <TOTAL-ASSETS> 1,397,896 <CURRENT-LIABILITIES> 0 <BONDS> 183,704 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,023,560 <TOTAL-LIABILITY-AND-EQUITY> 1,397,896 <SALES> 0 <TOTAL-REVENUES> 236,286 <CGS> 0 <TOTAL-COSTS> 161,948 <OTHER-EXPENSES> 7,379 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 13,054 <INCOME-PRETAX> 53,774 <INCOME-TAX> 0 <INCOME-CONTINUING> 53,774 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 53,774 <EPS-BASIC> 1.04 <EPS-DILUTED> .91