<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS, STATEMENT OF INCOME, STATEMENTS OF SHAREHOLDERS'
EQUITY, STATEMENTS OF CASH FLOWS AND NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-K FOR THE FISCAL
YEAR ENDED DECEMBER 31, 1998.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                           4,550
<SECURITIES>                                         0
<RECEIVABLES>                                    9,864
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         535,980
<DEPRECIATION>                                  26,136
<TOTAL-ASSETS>                                 544,404
<CURRENT-LIABILITIES>                           20,479
<BONDS>                                        328,248
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     147,142
<TOTAL-LIABILITY-AND-EQUITY>                   544,404
<SALES>                                              0
<TOTAL-REVENUES>                                76,755
<CGS>                                                0
<TOTAL-COSTS>                                   20,117
<OTHER-EXPENSES>                                18,829
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              25,396
<INCOME-PRETAX>                                  8,658
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     8,658
<EPS-PRIMARY>                                      .99
<EPS-DILUTED>                                      .98