<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <CASH> 11,509 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 644,904 <DEPRECIATION> (42,862) <TOTAL-ASSETS> 633,644 <CURRENT-LIABILITIES> 367,826 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,107 <OTHER-SE> 256,776 <TOTAL-LIABILITY-AND-EQUITY> 633,644 <SALES> 0 <TOTAL-REVENUES> 64,173 <CGS> 0 <TOTAL-COSTS> 32,658 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 19,718 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 11,797 <DISCONTINUED> 0 <EXTRAORDINARY> (585) <CHANGES> 0 <NET-INCOME> 10,877 <EPS-BASIC> .53 <EPS-DILUTED> .53