<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 16,173 <SECURITIES> 0 <RECEIVABLES> 136,178 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 229,683 <PP&E> 1,813,556 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,620,115 <CURRENT-LIABILITIES> 133,123 <BONDS> 1,679,468 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,844 <OTHER-SE> 742,231 <TOTAL-LIABILITY-AND-EQUITY> 2,620,115 <SALES> 0 <TOTAL-REVENUES> 514,403 <CGS> 0 <TOTAL-COSTS> 358,969 <OTHER-EXPENSES> 3,490 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 101,349 <INCOME-PRETAX> 50,595 <INCOME-TAX> 22,363 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 28,232 <EPS-PRIMARY> .15 <EPS-DILUTED> .14