<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM BALA SHEETS, STATEMENTS OF INCOME, AND STATEMENTS OF CASH FLOW AND IS QUALIF IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 661 <SECURITIES> 0 <RECEIVABLES> 481 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,301 <PP&E> 56,849 <DEPRECIATION> 9,512 <TOTAL-ASSETS> 51,085 <CURRENT-LIABILITIES> 4,107 <BONDS> 32,119 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,759 <OTHER-SE> 1,872 <TOTAL-LIABILITY-AND-EQUITY> 51,085 <SALES> 6,166 <TOTAL-REVENUES> 6,321 <CGS> 0 <TOTAL-COSTS> 4,010 <OTHER-EXPENSES> 325 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,642 <INCOME-PRETAX> 366 <INCOME-TAX> 0 <INCOME-CONTINUING> 366 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 366 <EPS-PRIMARY> 0.24 <EPS-DILUTED> 0.24