<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> JUN-30-2000 <CASH> 45,690,358 <SECURITIES> 29,121,327 <RECEIVABLES> 309,830 <ALLOWANCES> 35,004 <INVENTORY> 0 <CURRENT-ASSETS> 75,325,824 <PP&E> 203,179,808 <DEPRECIATION> 13,859,345 <TOTAL-ASSETS> 269,670,279 <CURRENT-LIABILITIES> 10,879,162 <BONDS> 181,223,473 <PREFERRED-MANDATORY> 135,553,249 <PREFERRED> 0 <COMMON> 170 <OTHER-SE> (57,985,775) <TOTAL-LIABILITY-AND-EQUITY> 269,670,279 <SALES> 2,404,401 <TOTAL-REVENUES> 2,404,401 <CGS> 1,553,591 <TOTAL-COSTS> 12,411,803 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (893,302) <INCOME-PRETAX> (12,454,295) <INCOME-TAX> 0 <INCOME-CONTINUING> (12,454,295) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (12,454,295) <EPS-BASIC> 0 <EPS-DILUTED> 0