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<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
condensed consolidated financial statements of the company for the period ending
June 30, 2000 and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<S> <C> <C>
<PERIOD-TYPE> 3-MOS 6-MOS
<FISCAL-YEAR-END> DEC-31-2000 DEC-31-2000
<PERIOD-START> APR-01-2000 JAN-01-2000
<PERIOD-END> JUN-30-2000 JUN-30-2000
<CASH> 0 10,482,670
<SECURITIES> 0 0
<RECEIVABLES> 0 0
<ALLOWANCES> 0 0
<INVENTORY> 0 0
<CURRENT-ASSETS> 0 13,063,773
<PP&E> 0 340,828,902
<DEPRECIATION> 0 (30,586,088)
<TOTAL-ASSETS> 0 333,789,257
<CURRENT-LIABILITIES> 0 10,293,345
<BONDS> 0 191,541,077
0 2,191,500
0 1,272,727
<COMMON> 0 1,151,706
<OTHER-SE> 0 127,338,902
<TOTAL-LIABILITY-AND-EQUITY> 0 333,789,257
<SALES> 0 0
<TOTAL-REVENUES> 11,682,167 20,791,444
<CGS> 0 0
<TOTAL-COSTS> 0 0
<OTHER-EXPENSES> 4,914,219 9,668,200
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 3,551,704 6,565,376
<INCOME-PRETAX> 3,224,237 4,568,453
<INCOME-TAX> 0 0
<INCOME-CONTINUING> 0 0
<DISCONTINUED> 0 0
<EXTRAORDINARY> 37,382 69,229
<CHANGES> 0 0
<NET-INCOME> 3,186,855 4,499,224
<EPS-BASIC> .14 .10
<EPS-DILUTED> .13 .10
</TABLE>
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