<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> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 722 <SECURITIES> 0 <RECEIVABLES> 879 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,344 <PP&E> 57,108 <DEPRECIATION> 10,582 <TOTAL-ASSETS> 50,768 <CURRENT-LIABILITIES> 100 <BONDS> 35,529 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,759 <OTHER-SE> 1,682 <TOTAL-LIABILITY-AND-EQUITY> 50,768 <SALES> 3,212 <TOTAL-REVENUES> 3,303 <CGS> 0 <TOTAL-COSTS> 2,086 <OTHER-EXPENSES> 175 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 769 <INCOME-PRETAX> 221 <INCOME-TAX> 0 <INCOME-CONTINUING> 221 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 221 <EPS-PRIMARY> 0.14 <EPS-DILUTED> 0.14