<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF OPERATIONS FOUND ON
PAGES 1 AND 2 OF THE COMPANY'S 10Q FOR THE YEAR TO DATE AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                          16,902
<SECURITIES>                                         0
<RECEIVABLES>                                   27,951
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                       2,096,038
<DEPRECIATION>                               (233,896)
<TOTAL-ASSETS>                               2,204,301
<CURRENT-LIABILITIES>                           84,522
<BONDS>                                      1,403,985
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    250,000
<COMMON>                                           325
<OTHER-SE>                                     298,177
<TOTAL-LIABILITY-AND-EQUITY>                 2,204,301
<SALES>                                              0
<TOTAL-REVENUES>                               197,661
<CGS>                                                0
<TOTAL-COSTS>                                   65,254
<OTHER-EXPENSES>                                38,919
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              66,100
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             21,183
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                (2,414)
<CHANGES>                                            0
<NET-INCOME>                                    18,769
<EPS-PRIMARY>                                     0.62
<EPS-DILUTED>                                     0.62