<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONSOLIDATED
BALANCE SHEETS AND STATEMENTS OF OPERATIONS 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>                                          10,738
<SECURITIES>                                         0
<RECEIVABLES>                                    1,765
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               298,820
<PP&E>                                      11,082,282
<DEPRECIATION>                                 814,330
<TOTAL-ASSETS>                              10,701,961
<CURRENT-LIABILITIES>                          362,543
<BONDS>                                      4,567,662
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  1,410,414
<COMMON>                                             0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                10,701,961
<SALES>                                        410,191
<TOTAL-REVENUES>                               416,237
<CGS>                                                0
<TOTAL-COSTS>                                  154,163
<OTHER-EXPENSES>                                 5,867
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              80,042
<INCOME-PRETAX>                                 79,264
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             79,264
<DISCONTINUED>                                  21,416
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    71,303
<EPS-PRIMARY>                                      .54
<EPS-DILUTED>                                      .54