<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 10,190,334 <SECURITIES> 0 <RECEIVABLES> 23,375,654 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 34,201,662 <PP&E> 341,108,587 <DEPRECIATION> (14,187,731) <TOTAL-ASSETS> 363,986,991 <CURRENT-LIABILITIES> 27,705,973 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 146,146 <OTHER-SE> 99,999,820 <TOTAL-LIABILITY-AND-EQUITY> 363,986,991 <SALES> 28,988,436 <TOTAL-REVENUES> 28,988,436 <CGS> 0 <TOTAL-COSTS> 15,835,043 <OTHER-EXPENSES> 1,646,493 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,450,905 <INCOME-PRETAX> 8,176,248 <INCOME-TAX> 3,025,212 <INCOME-CONTINUING> 5,151,036 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,151,036 <EPS-BASIC> .49 <EPS-DILUTED> .35