<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<CASH> 4,421,943
<SECURITIES> 0
<RECEIVABLES> 26,869,835
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 344,839,808
<DEPRECIATION> 88,230,535
<TOTAL-ASSETS> 313,205,107
<CURRENT-LIABILITIES> 0
<BONDS> 268,180,333
0
0
<COMMON> 8,000
<OTHER-SE> 15,063,473
<TOTAL-LIABILITY-AND-EQUITY> 313,205,107
<SALES> 0
<TOTAL-REVENUES> 103,431,089
<CGS> 0
<TOTAL-COSTS> 61,359,460
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 30,069,919
<INCOME-PRETAX> (12,355,073)
<INCOME-TAX> (4,680,555)
<INCOME-CONTINUING> (7,674,518)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (7,674,518)
<EPS-BASIC> (9.59)
<EPS-DILUTED> (9.59)
</TABLE>