<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 8,320 <SECURITIES> 0 <RECEIVABLES> 134,271 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 195,363 <PP&E> 1,645,891 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,351,650 <CURRENT-LIABILITIES> 104,112 <BONDS> 1,425,581 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,843 <OTHER-SE> 761,150 <TOTAL-LIABILITY-AND-EQUITY> 2,351,650 <SALES> 0 <TOTAL-REVENUES> 320,551 <CGS> 0 <TOTAL-COSTS> 228,049 <OTHER-EXPENSES> 1,844 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 64,260 <INCOME-PRETAX> 26,398 <INCOME-TAX> 11,615 <INCOME-CONTINUING> 14,783 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 14,783 <EPS-PRIMARY> .08 <EPS-DILUTED> .07