<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF OPERATIONS FOUND ON
PAGES 40 AND 41 OF THE COMPANY'S FORM 10-K FOR THE YEAR AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                          25,143
<SECURITIES>                                         0
<RECEIVABLES>                                   37,373
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                       2,213,125
<DEPRECIATION>                               (246,280)
<TOTAL-ASSETS>                               2,322,056
<CURRENT-LIABILITIES>                           30,654
<BONDS>                                      1,507,118
<PREFERRED-MANDATORY>                               91
<PREFERRED>                                          0
<COMMON>                                           338
<OTHER-SE>                                     576,984
<TOTAL-LIABILITY-AND-EQUITY>                 2,322,056
<SALES>                                              0
<TOTAL-REVENUES>                               283,861
<CGS>                                                0
<TOTAL-COSTS>                                   94,364
<OTHER-EXPENSES>                                63,101
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              91,433
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             34,963
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                (2,435)
<CHANGES>                                            0
<NET-INCOME>                                    32,528
<EPS-PRIMARY>                                    $1.06
<EPS-DILUTED>                                    $1.06