<ARTICLE> 5

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          AUG-31-2000
<PERIOD-END>                               MAY-31-2000
<CASH>                                           1,097
<SECURITIES>                                         0
<RECEIVABLES>                                      473
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 1,570
<PP&E>                                          48,214
<DEPRECIATION>                                  14,382
<TOTAL-ASSETS>                                  35,519
<CURRENT-LIABILITIES>                              286
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        141
<COMMON>                                            75
<OTHER-SE>                                      32,924
<TOTAL-LIABILITY-AND-EQUITY>                    35,519
<SALES>                                              0
<TOTAL-REVENUES>                                 5,745
<CGS>                                                0
<TOTAL-COSTS>                                    2,979
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                  2,766
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              2,766
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,766
<EPS-BASIC>                                        .37
<EPS-DILUTED>                                      .37