<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
CONSOLIDATED BALANCE SHEET, CONSOLIDATED STATEMENT OF OPERATIONS, CONSOLIDATED
STATEMENTS OF CHANGES IN SHAREHOLDERS' INVESTMENT, CONSOLIDATED STATEMENTS OF
CASH FLOWS AND NOTES TO CONSOLIDATED STATEMENTS, AND IS QUALIFIED IN ITS 
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND NOTES TO CONSOLIDATED
STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                         500,855
<SECURITIES>                                         0
<RECEIVABLES>                                  451,433
<ALLOWANCES>                                         0
<INVENTORY>                                     75,992
<CURRENT-ASSETS>                             2,060,617
<PP&E>                                       8,310,310
<DEPRECIATION>                               1,837,844
<TOTAL-ASSETS>                              15,848,523
<CURRENT-LIABILITIES>                        1,811,233
<BONDS>                                      8,643,128
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        295
<COMMON>                                         3,301
<OTHER-SE>                                   4,086,103
<TOTAL-LIABILITY-AND-EQUITY>                15,848,523
<SALES>                                      2,306,823
<TOTAL-REVENUES>                             2,306,823
<CGS>                                        1,405,937
<TOTAL-COSTS>                                1,405,937
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             205,389
<INCOME-PRETAX>                                661,317
<INCOME-TAX>                                    81,681
<INCOME-CONTINUING>                            579,636
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   204,507
<EPS-PRIMARY>                                      .05
<EPS-DILUTED>                                        0