<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> SEP-30-2000
<CASH> 15,362<F1>
<SECURITIES> 0
<RECEIVABLES> 13,645
<ALLOWANCES> (3,195)
<INVENTORY> 0
<CURRENT-ASSETS> 38,178<F2><F3>
<PP&E> 982,193
<DEPRECIATION> (74,940)
<TOTAL-ASSETS> 990,304<F4>
<CURRENT-LIABILITIES> 27,669
<BONDS> 563,922
0
108,894
<COMMON> 459,723
<OTHER-SE> (194,290)
<TOTAL-LIABILITY-AND-EQUITY> 990,304<F5><F6>
<SALES> 89,277
<TOTAL-REVENUES> 91,310
<CGS> 26,216
<TOTAL-COSTS> 26,216
<OTHER-EXPENSES> 39,153
<LOSS-PROVISION> 32,634
<INTEREST-EXPENSE> 32,019
<INCOME-PRETAX> (42,936)
<INCOME-TAX> 0
<INCOME-CONTINUING> (42,936)<F7><F8><F9>
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (42,936)<F10>
<EPS-BASIC> (1.33)
<EPS-DILUTED> (1.33)
<FN>
<F1>INCLUDES 11,126 OF RESTRICTED CASH.
<F2>INCLUDES 3,599 OF INVESTMENT IN UNCONSOLIDATED SUBSIDIARIES.
<F3>ALSO INCLUDES, 23,979 OF OTHER ASSETS AND 10,582 OF RECEIVABLES-NET.
<F4>INCLUDES 29,661 OF REAL ESTATE HELD FOR SALE.
<F5>INCLUDES 529,505 OF PAID IN CAPITAL IN EXCESS OF PAR.
<F6>ALSO INCLUDES 24,518 OF MINORITY INTEREST.
<F7>INCLUDES (1,386) MINORITY INTEREST.
<F8>ALSO INCLUDES 99 OF INCOME FROM UNCONSOLIDATED SUBSIDIARIES.
<F9>ALSO INCLUDES 1,226 OF GAIN ON SALES OF REAL ESTATE.
<F10>INCLUDES 4,467 DIVIDENDS PAID TO PREFERRED STOCKHOLDERS.
</FN>
</TABLE>
