<TABLE> <S> <C>





<ARTICLE>5
<MULTIPLIER>1

<S>                                                 <C>                <C>                 <C>
<PERIOD-TYPE>                                    12-MOS             12-MOS              12-MOS
<FISCAL-YEAR-END>                           DEC-31-1999        DEC-31-1998         DEC-31-1997
<PERIOD-START>                              JAN-01-1999        JAN-01-1998         JAN-01-1997
<PERIOD-END>                                DEC-31-1999        DEC-31-1998         DEC-31-1997
<CASH>                                       20,747,000         12,144,000           2,974,000
<SECURITIES>                                          0                  0                   0
<RECEIVABLES>                                 6,371,000          6,179,000           2,051,000
<ALLOWANCES>                                    604,000            269,000              81,000
<INVENTORY>                                           0                  0                   0
<CURRENT-ASSETS>                             28,335,000         20,887,000           5,676,000
<PP&E>                                    1,111,999,000      1,186,652,000         733,321,000
<DEPRECIATION>                               72,008,000         48,783,000          17,824,000
<TOTAL-ASSETS>                            1,133,440,000      1,218,391,000         783,949,000
<CURRENT-LIABILITIES>                       166,752,000        530,968,000         145,342,000
<BONDS>                                               0                  0                   0
<PREFERRED-MANDATORY>                                 0                  0                   0
<PREFERRED>                                           0                  0                   0
<COMMON>                                      1,200,000            383,000             278,000
<OTHER-SE>                                  694,930,000        457,642,000         328,653,000
<TOTAL-LIABILITY-AND-EQUITY>              1,133,440,000      1,218,391,000         783,949,000
<SALES>                                               0                  0                   0
<TOTAL-REVENUES>                            225,637,000        141,319,000          59,116,000
<CGS>                                                 0                  0                   0
<TOTAL-COSTS>                               238,565,000        122,970,000          51,707,000
<OTHER-EXPENSES>                                      0                  0                   0
<LOSS-PROVISION>                                      0                  0                   0
<INTEREST-EXPENSE>                           51,264,000         23,190,000           2,190,000
<INCOME-PRETAX>                            (63,208,000)        (3,889,000)           5,771,000
<INCOME-TAX>                                          0                  0                   0
<INCOME-CONTINUING>                        (63,208,000)        (3,889,000)           5,771,000
<DISCONTINUED>                                        0                  0                   0
<EXTRAORDINARY>                             (5,849,000)       (25,344,000)                   0
<CHANGES>                                  (14,230,000)                  0                   0
<NET-INCOME>                               (71,589,000)       (29,233,000)           5,771,000
<EPS-BASIC>                                     (.82)              (.78)                 .24
<EPS-DILUTED>                                     (.82)              (.78)                 .18


<FN>
Certain  amounts  for the  years  ended  December  31,  1998 and 1997  have been
reclassified to conform to the 1999 presentation.
</FN>



</TABLE>