<ARTICLE> 5 <LEGEND> The Financial Data Schedule information has been extracted from the Registrants Consolidated Balance Sheet dated June 30, 1999 and the Consolidated Statement of Income for the six months ended June 30, 1999. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 241 <SECURITIES> 3,726 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 473,474 <DEPRECIATION> (9,985) <TOTAL-ASSETS> 493,743 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 151 <OTHER-SE> 268,599 <TOTAL-LIABILITY-AND-EQUITY> 493,743 <SALES> 0 <TOTAL-REVENUES> 23,503 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,965 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,583 <INCOME-PRETAX> 10,955 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 10,955 <EPS-BASIC> 0.78 <EPS-DILUTED> 0.78