<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<CASH> 18,775<F1>
<SECURITIES> 0
<RECEIVABLES> 69,338
<ALLOWANCES> 2,200
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 708,065
<DEPRECIATION> 9,888
<TOTAL-ASSETS> 792,702
<CURRENT-LIABILITIES> 0
<BONDS> 519,557
0
0
<COMMON> 188
<OTHER-SE> 230,003
<TOTAL-LIABILITY-AND-EQUITY> 792,702
<SALES> 0
<TOTAL-REVENUES> 20,639
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 4,611
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 7,692
<INCOME-PRETAX> 3,916
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 3,916
<EPS-BASIC> 0.44
<EPS-DILUTED> 0.44
<FN>
<F1>INCLUDES $3064 OF RESTRICTED CASH
</FN>
</TABLE>