<ARTICLE> 5 <LEGEND> This schedule contians summary financial information extracted from the consolidated balance sheet as of August 31, 1999, and the consolidated statement of income for the year ended August 31, 1999 and is qualified in its entirety by by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> AUG-31-1999 <PERIOD-END> AUG-31-1999 <CASH> 2,615 <SECURITIES> 0 <RECEIVABLES> 428 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,033 <PP&E> 48,035 <DEPRECIATION> 13,417 <TOTAL-ASSETS> 37,931 <CURRENT-LIABILITIES> 708 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 134 <COMMON> 75 <OTHER-SE> 34,921 <TOTAL-LIABILITY-AND-EQUITY> 37,931 <SALES> 7,525 <TOTAL-REVENUES> 7,597 <CGS> 0 <TOTAL-COSTS> 4,636 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 31 <INCOME-PRETAX> 2,930 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,930 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,930 <EPS-BASIC> .38 <EPS-DILUTED> .38