<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 4,891,109 <SECURITIES> 3,177,370 <RECEIVABLES> 4,272,016 <ALLOWANCES> 0 <INVENTORY> 3,488,137 <CURRENT-ASSETS> 13,928,696 <PP&E> 94,098,215 <DEPRECIATION> 29,063,738 <TOTAL-ASSETS> 65,034,477 <CURRENT-LIABILITIES> 5,016,723 <BONDS> 28,398,374 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,734,377 <OTHER-SE> 44,812,349 <TOTAL-LIABILITY-AND-EQUITY> 93,445,744 <SALES> 1,007,363 <TOTAL-REVENUES> 35,594,025 <CGS> 1,464,505 <TOTAL-COSTS> 25,089,784 <OTHER-EXPENSES> 1,136,220 <LOSS-PROVISION> 139,503 <INTEREST-EXPENSE> 1,501,729 <INCOME-PRETAX> 9,202,417 <INCOME-TAX> 3,598,642 <INCOME-CONTINUING> 5,364,242 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,603,775 <EPS-PRIMARY> 1.49 <EPS-DILUTED> 1.49