<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-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 929 <SECURITIES> 0 <RECEIVABLES> 532 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,248 <PP&E> 57,046 <DEPRECIATION> 9,948 <TOTAL-ASSETS> 51,195 <CURRENT-LIABILITIES> 350 <BONDS> 35,828 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,759 <OTHER-SE> 1,746 <TOTAL-LIABILITY-AND-EQUITY> 51,195 <SALES> 9,314 <TOTAL-REVENUES> 9,547 <CGS> 0 <TOTAL-COSTS> 6,120 <OTHER-EXPENSES> 491 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,435 <INCOME-PRETAX> 550 <INCOME-TAX> 0 <INCOME-CONTINUING> 550 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 550 <EPS-PRIMARY> 0.36 <EPS-DILUTED> 0.36