<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM BALANCE SHEETS, STATEMENTS OF INCOME, AND STATEMENTS OF CASH FLOW AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 200 <SECURITIES> 792 <RECEIVABLES> 479 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 43,155 <DEPRECIATION> 8,370 <TOTAL-ASSETS> 37,154 <CURRENT-LIABILITIES> 0 <BONDS> 23,831 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,759 <OTHER-SE> 1,903 <TOTAL-LIABILITY-AND-EQUITY> 37,154 <SALES> 6,484 <TOTAL-REVENUES> 6,678 <CGS> 0 <TOTAL-COSTS> 4,083 <OTHER-EXPENSES> 426 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,513 <INCOME-PRETAX> 657 <INCOME-TAX> 0 <INCOME-CONTINUING> 657 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 657 <EPS-PRIMARY> .44 <EPS-DILUTED> .44