<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 10-K AND IS QUALIFIED IN ITS ENTIRETY TO SUCH 10-K </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 186,199 <SECURITIES> 0 <RECEIVABLES> 231,508 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 4,508,535 <DEPRECIATION> (416,497) <TOTAL-ASSETS> 5,684,951 <CURRENT-LIABILITIES> 0 <BONDS> 2,584,289 <PREFERRED-MANDATORY> 149,500 <PREFERRED> 641,250 <COMMON> 668 <OTHER-SE> 1,620,910 <TOTAL-LIABILITY-AND-EQUITY> 5,684,951 <SALES> 577,372 <TOTAL-REVENUES> 640,093 <CGS> 387,345 <TOTAL-COSTS> 406,317 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 140,094 <INCOME-PRETAX> 80,959 <INCOME-TAX> 0 <INCOME-CONTINUING> 80,959 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 80,959 <EPS-BASIC> 0.39 <EPS-DILUTED> 0.38