<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from form 10-Q
for the six months ended June 30, 2000 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<CASH> 91,689,278
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 91,689,278
<PP&E> 290,636,921
<DEPRECIATION> 2,658,982
<TOTAL-ASSETS> 437,880,306
<CURRENT-LIABILITIES> 13,449,706
<BONDS> 106,338,835
0
0
<COMMON> 35,535
<OTHER-SE> 306,086,466
<TOTAL-LIABILITY-AND-EQUITY> 437,880,306
<SALES> 0
<TOTAL-REVENUES> 12,419,020
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 4,235,888
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,920,223
<INCOME-PRETAX> 6,773,157
<INCOME-TAX> 0
<INCOME-CONTINUING> 6,773,157
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 6,773,157
<EPS-BASIC> .21
<EPS-DILUTED> .21
</TABLE>