<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <CASH> 1,683,623 <SECURITIES> 8,304,893 <RECEIVABLES> 16,617,584 <ALLOWANCES> 128,799 <INVENTORY> 0 <CURRENT-ASSETS> 12,597,755 <PP&E> 35,437,238 <DEPRECIATION> 7,973,669 <TOTAL-ASSETS> 65,282,599 <CURRENT-LIABILITIES> 5,635,602 <BONDS> 38,153,931 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 362,722 <OTHER-SE> 18,320,154 <TOTAL-LIABILITY-AND-EQUITY> 65,282,599 <SALES> 0 <TOTAL-REVENUES> 11,450,770 <CGS> 0 <TOTAL-COSTS> 5,608,367 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,505,190 <INCOME-PRETAX> 10,652,882 <INCOME-TAX> 1,566,474 <INCOME-CONTINUING> 9,086,408 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,086,408 <EPS-BASIC> 2.51 <EPS-DILUTED> 2.51