<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (A) THE CONSOLIDATED BALANCE SHEETS STATEMENT OF OPERATIONS STATEMENT OF SHAREHOLDERS EQUITY STATEMENT OF CASH FLOW AND NOTES TO CONSOLIDATED FINANCIAL STATEMENT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH (B) FORM 10-Q FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 1998. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 4,743 <SECURITIES> 0 <RECEIVABLES> 7,057 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 518,494 <DEPRECIATION> 23,154 <TOTAL-ASSETS> 525,607 <CURRENT-LIABILITIES> 20,041 <BONDS> 325,696 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 133,546 <TOTAL-LIABILITY-AND-EQUITY> 525,607 <SALES> 0 <TOTAL-REVENUES> 55,668 <CGS> 0 <TOTAL-COSTS> 14,421 <OTHER-EXPENSES> 13,882 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 18,688 <INCOME-PRETAX> 8,677 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,077 <EPS-PRIMARY> .73 <EPS-DILUTED> .72