<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> Dec-31-2000 <PERIOD-START> Jan-01-2000 <PERIOD-END> Jun-30-2000 <CASH> 114,825 <SECURITIES> 0 <RECEIVABLES> 804 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 373,003 <DEPRECIATION> 0 <TOTAL-ASSETS> 503,197 <CURRENT-LIABILITIES> 0 <BONDS> 371,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 29 <OTHER-SE> 102,018 <TOTAL-LIABILITY-AND-EQUITY> 503,197 <SALES> 0 <TOTAL-REVENUES> 4,509 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 893 <INCOME-PRETAX> 3,616 <INCOME-TAX> (810) <INCOME-CONTINUING> 2,806 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,806 <EPS-BASIC> 3.66 <EPS-DILUTED> 3.66