<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> SEP-30-2000 <CASH> 13,560,452 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 366,780,787 <DEPRECIATION> 64,898,351 <TOTAL-ASSETS> 328,943,374 <CURRENT-LIABILITIES> 0 <BONDS> 258,359,814 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 38,538 <OTHER-SE> 37,681,196 <TOTAL-LIABILITY-AND-EQUITY> 328,943,374 <SALES> 0 <TOTAL-REVENUES> 32,873,707 <CGS> 0 <TOTAL-COSTS> 16,628,161 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 14,452,703 <INCOME-PRETAX> 1,792,843 <INCOME-TAX> 672,316 <INCOME-CONTINUING> 1,120,527 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,120,527 <EPS-BASIC> .28 <EPS-DILUTED> .27