<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM REGISTRANT'S
CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 1996 AND THE ACCOMPANYING
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS AND NOTES TO FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                       3,369,673
<SECURITIES>                                         0
<RECEIVABLES>                                  646,072
<ALLOWANCES>                                         0
<INVENTORY>                                    319,542
<CURRENT-ASSETS>                             6,465,683
<PP&E>                                      73,945,474
<DEPRECIATION>                              14,192,257
<TOTAL-ASSETS>                              67,376,871
<CURRENT-LIABILITIES>                        9,017,362
<BONDS>                                     37,857,067
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        95,363
<OTHER-SE>                                  19,210,328
<TOTAL-LIABILITY-AND-EQUITY>                67,376,871
<SALES>                                              0
<TOTAL-REVENUES>                            14,186,278
<CGS>                                                0
<TOTAL-COSTS>                                7,165,165
<OTHER-EXPENSES>                               992,315
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             899,378
<INCOME-PRETAX>                                337,251
<INCOME-TAX>                                   118,037
<INCOME-CONTINUING>                            219,214
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   219,214
<EPS-PRIMARY>                                      .02
<EPS-DILUTED>                                      .02