<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONDENSED CONSOLIDATED BALANCE SHEETS AND CONDENSED CONSOLIDATED STATEMENTS OF
OPERATIONS AS OF AND FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1999 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                          21,751
<SECURITIES>                                    48,606
<RECEIVABLES>                                    5,123
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                75,480
<PP&E>                                         269,963
<DEPRECIATION>                                (38,709)
<TOTAL-ASSETS>                                 356,047
<CURRENT-LIABILITIES>                           15,449
<BONDS>                                        214,260
<PREFERRED-MANDATORY>                           88,156
<PREFERRED>                                          0
<COMMON>                                           252
<OTHER-SE>                                      19,511
<TOTAL-LIABILITY-AND-EQUITY>                   356,047
<SALES>                                         13,135
<TOTAL-REVENUES>                                13,135
<CGS>                                           14,183
<TOTAL-COSTS>                                   14,183
<OTHER-EXPENSES>                                 8,377
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             (1,764)
<INCOME-PRETAX>                                (7,661)
<INCOME-TAX>                                   (2,802)
<INCOME-CONTINUING>                            (4,859)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (4,859)
<EPS-BASIC>                                     (0.58)
<EPS-DILUTED>                                   (0.58)