<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 17,956 <SECURITIES> 5,965 <RECEIVABLES> 25,159 <ALLOWANCES> 730 <INVENTORY> 0 <CURRENT-ASSETS> 70,822 <PP&E> 1,397,557 <DEPRECIATION> 108,102 <TOTAL-ASSETS> 1,401,448 <CURRENT-LIABILITIES> 105,049 <BONDS> 586,566 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 552 <OTHER-SE> 624,717 <TOTAL-LIABILITY-AND-EQUITY> 1,401,448 <SALES> 133,299 <TOTAL-REVENUES> 133,299 <CGS> 0 <TOTAL-COSTS> 108,623 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 8,642 <INCOME-PRETAX> 18,878 <INCOME-TAX> 7,363 <INCOME-CONTINUING> 11,516 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (5,314) <NET-INCOME> 6,201 <EPS-PRIMARY> .12 <EPS-DILUTED> .12