<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> APR-1-2000
<PERIOD-END> JUN-30-2000
<CASH> 13,678
<SECURITIES> 1,426
<RECEIVABLES> 34,880
<ALLOWANCES> 14,357
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 2,857,956
<DEPRECIATION> 241,735
<TOTAL-ASSETS> 2,938,879
<CURRENT-LIABILITIES> 0
<BONDS> 1,200,573
0
23
<COMMON> 876
<OTHER-SE> (117,478)
<TOTAL-LIABILITY-AND-EQUITY> 2,938,879
<SALES> 0
<TOTAL-REVENUES> 211,132
<CGS> 0
<TOTAL-COSTS> 105,709
<OTHER-EXPENSES> 2,379
<LOSS-PROVISION> 2,126
<INTEREST-EXPENSE> 46,112
<INCOME-PRETAX> 62,720
<INCOME-TAX> 0
<INCOME-CONTINUING> 62,720
<DISCONTINUED> 0
<EXTRAORDINARY> 758
<CHANGES> 0
<NET-INCOME> 63,478
<EPS-BASIC> 0.60
<EPS-DILUTED> 0.59
</TABLE>