<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
FOR THE THREE MONTH PERIOD ENDED MARCH 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                           5,451
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 5,451
<PP&E>                                         706,884
<DEPRECIATION>                                  10,083
<TOTAL-ASSETS>                                 836,416
<CURRENT-LIABILITIES>                           17,293
<BONDS>                                        293,880
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     517,494
<TOTAL-LIABILITY-AND-EQUITY>                   836,416
<SALES>                                              0
<TOTAL-REVENUES>                                21,114
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                 6,778
<LOSS-PROVISION>                                   165
<INTEREST-EXPENSE>                               4,141
<INCOME-PRETAX>                                  9,866
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              9,866
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                   (39)
<CHANGES>                                            0
<NET-INCOME>                                     9,827
<EPS-PRIMARY>                                      .39
<EPS-DILUTED>                                      .39