<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 1,171 <SECURITIES> 46,872 <RECEIVABLES> 35,792 <ALLOWANCES> 0 <INVENTORY> 5,840 <CURRENT-ASSETS> 90,408 <PP&E> 2,406,456 <DEPRECIATION> 679,523 <TOTAL-ASSETS> 1,876,174 <CURRENT-LIABILITIES> 239,869 <BONDS> 862,239 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 513,564 <TOTAL-LIABILITY-AND-EQUITY> 1,876,174 <SALES> 0 <TOTAL-REVENUES> 81,517 <CGS> 0 <TOTAL-COSTS> 36,259 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 18,691 <INCOME-PRETAX> 17,966 <INCOME-TAX> 0 <INCOME-CONTINUING> 17,966 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 17,966 <EPS-BASIC> 0.59 <EPS-DILUTED> 0.59