<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 1,659 <SECURITIES> 0 <RECEIVABLES> 5,166 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 7,212 <PP&E> 116,247 <DEPRECIATION> 0 <TOTAL-ASSETS> 127,461 <CURRENT-LIABILITIES> 13,532 <BONDS> 100,898 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 167 <OTHER-SE> 11,123 <TOTAL-LIABILITY-AND-EQUITY> 127,461 <SALES> 4,505 <TOTAL-REVENUES> 4,538 <CGS> 0 <TOTAL-COSTS> 3,402 <OTHER-EXPENSES> 596 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,775 <INCOME-PRETAX> (2,198) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,198) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,198) <EPS-BASIC> (0.14) <EPS-DILUTED> (0.14)