<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 1,642,598 <SECURITIES> 8,845,074 <RECEIVABLES> 16,774,872 <ALLOWANCES> 124,469 <INVENTORY> 0 <CURRENT-ASSETS> 13,716,023 <PP&E> 35,173,585 <DEPRECIATION> 7,715,051 <TOTAL-ASSETS> 66,180,142 <CURRENT-LIABILITIES> 5,041,469 <BONDS> 38,261,609 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 362,185 <OTHER-SE> 19,682,258 <TOTAL-LIABILITY-AND-EQUITY> 66,180,142 <SALES> 0 <TOTAL-REVENUES> 7,704,333 <CGS> 0 <TOTAL-COSTS> 3,710,807 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,753,315 <INCOME-PRETAX> 10,224,483 <INCOME-TAX> 1,566,474 <INCOME-CONTINUING> 8,658,009 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,658,009 <EPS-BASIC> 2.40 <EPS-DILUTED> 2.40