<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-END> DEC-31-1996 <CASH> 1,819,000 <SECURITIES> 0 <RECEIVABLES> 16,880,000 <ALLOWANCES> 4,316,000 <INVENTORY> 1,930,000 <CURRENT-ASSETS> 19,061,000 <PP&E> 59,077,000 <DEPRECIATION> 5,408,000 <TOTAL-ASSETS> 7,640,000 <CURRENT-LIABILITIES> 23,051,000 <BONDS> 56,126,000 <PREFERRED-MANDATORY> 3,427,000 <PREFERRED> 35,000 <COMMON> 196,000 <OTHER-SE> 2,704,000 <TOTAL-LIABILITY-AND-EQUITY> 76,405,000 <SALES> 36,522,000 <TOTAL-REVENUES> 36,522,000 <CGS> 6,094,000 <TOTAL-COSTS> 33,939 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 582,000 <INTEREST-EXPENSE> 3,015,000 <INCOME-PRETAX> (689,000) <INCOME-TAX> 388,000 <INCOME-CONTINUING> (1,077,000) <DISCONTINUED> 0 <EXTRAORDINARY> 1,175,000 <CHANGES> 0 <NET-INCOME> 3,000 <EPS-PRIMARY> 0 <EPS-DILUTED> 0