<ARTICLE> 5 <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <PERIOD-TYPE> 9-MOS <CASH> 137,483 <SECURITIES> 0 <RECEIVABLES> 1,509,407 <ALLOWANCES> 0 <INVENTORY> 12,506 <CURRENT-ASSETS> 1,724,357 <PP&E> 4,887,112 <DEPRECIATION> 974,589 <TOTAL-ASSETS> 16,343,796 <CURRENT-LIABILITIES> 1,690,426 <BONDS> 3,057,739 <COMMON> 5,963,039 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 4,049,965 <TOTAL-LIABILITY-AND-EQUITY> 16,343,796 <SALES> 0 <TOTAL-REVENUES> 4,684,016 <CGS> 0 <TOTAL-COSTS> 3,503,225 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,180,791 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,180,791 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,180,791 <EPS-PRIMARY> .18 <EPS-DILUTED> .18