<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 10,301 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 629,245 <DEPRECIATION> (48,373) <TOTAL-ASSETS> 609,439 <CURRENT-LIABILITIES> 343,043 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,111 <OTHER-SE> 259,297 <TOTAL-LIABILITY-AND-EQUITY> 609,439 <SALES> 0 <TOTAL-REVENUES> 22,220 <CGS> 0 <TOTAL-COSTS> 11,414 <OTHER-EXPENSES> (3,096) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,550 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 7,352 <DISCONTINUED> 0 <EXTRAORDINARY> (329) <CHANGES> 0 <NET-INCOME> 7,023 <EPS-BASIC> .34 <EPS-DILUTED> .34