<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
registrant's September 30, 1995 unaudited financial statements and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               SEP-30-1995
<EXCHANGE-RATE>                                      1
<CASH>                                           6,225
<SECURITIES>                                     1,792
<RECEIVABLES>                                      425
<ALLOWANCES>                                         3
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 8,771
<PP&E>                                          37,107
<DEPRECIATION>                                   1,714
<TOTAL-ASSETS>                                  44,381
<CURRENT-LIABILITIES>                            1,081
<BONDS>                                          2,195
<COMMON>                                        34,394
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                       6,424
<TOTAL-LIABILITY-AND-EQUITY>                    44,381
<SALES>                                              0
<TOTAL-REVENUES>                                 4,015
<CGS>                                                0
<TOTAL-COSTS>                                    1,191
<OTHER-EXPENSES>                                   543
<LOSS-PROVISION>                                   400
<INTEREST-EXPENSE>                                 176
<INCOME-PRETAX>                                  1,970
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              1,970
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,970
<EPS-PRIMARY>                                      .18
<EPS-DILUTED>                                      .18