<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEET AS OF 3/31/99 AND THE STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED 3/31/1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 6,075 <SECURITIES> 3,037 <RECEIVABLES> 2,698 <ALLOWANCES> 532 <INVENTORY> 294 <CURRENT-ASSETS> 24,387 <PP&E> 137,091 <DEPRECIATION> 9,666 <TOTAL-ASSETS> 180,290 <CURRENT-LIABILITIES> 30,980 <BONDS> 158,927 <PREFERRED-MANDATORY> 25,000 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> (50,937) <TOTAL-LIABILITY-AND-EQUITY> 180,290 <SALES> 0 <TOTAL-REVENUES> 34,179 <CGS> 0 <TOTAL-COSTS> 34,214 <OTHER-EXPENSES> (304) <LOSS-PROVISION> 81 <INTEREST-EXPENSE> 3,225 <INCOME-PRETAX> (2,956) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,956) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,956) <EPS-PRIMARY> (0.33) <EPS-DILUTED> (0.33)