<ARTICLE> 5
<LEGEND>
THE FINANCIAL DATA SCHEDULE INFORMATION HAS BEEN EXTRACTED FROM THE
REGISTRANTS CONSOLIDATED BALANCE SHEET DATED MARCH 31, 2000 AND THE
CONSOLIDATED STATEMENT OF INCOME FOR THE THREE MONTHS ENDED MARCH 31, 2000.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                           7,384
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         515,746
<DEPRECIATION>                                (17,428)
<TOTAL-ASSETS>                                 536,135
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           152
<OTHER-SE>                                     266,022
<TOTAL-LIABILITY-AND-EQUITY>                   536,135
<SALES>                                              0
<TOTAL-REVENUES>                                13,876
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                 3,190
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               4,437
<INCOME-PRETAX>                                  6,249
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     6,249
<EPS-BASIC>                                       0.42
<EPS-DILUTED>                                     0.42