<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 2,569,029 <SECURITIES> 0 <RECEIVABLES> 4,811,019 <ALLOWANCES> 345,177 <INVENTORY> 0 <CURRENT-ASSETS> 36,609,860 <PP&E> 138,001,093 <DEPRECIATION> 8,454,393 <TOTAL-ASSETS> 217,340,616 <CURRENT-LIABILITIES> 25,980,947 <BONDS> 229,887,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 66,000,000 <OTHER-SE> (99,619,794) <TOTAL-LIABILITY-AND-EQUITY> 217,340,616 <SALES> 0 <TOTAL-REVENUES> 10,287,428 <CGS> 0 <TOTAL-COSTS> 43,101,393 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12,538,903 <INCOME-PRETAX> (43,030,683) <INCOME-TAX> 0 <INCOME-CONTINUING> (43,030,683) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (43,030,683) <EPS-BASIC> 0 <EPS-DILUTED> 0