<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                       1,941,564
<SECURITIES>                                         0
<RECEIVABLES>                                  504,758
<ALLOWANCES>                                     3,221
<INVENTORY>                                    113,308
<CURRENT-ASSETS>                             3,478,309
<PP&E>                                      66,004,204
<DEPRECIATION>                               7,975,164
<TOTAL-ASSETS>                              63,171,487
<CURRENT-LIABILITIES>                       10,291,743
<BONDS>                                     43,280,432
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         7,179
<OTHER-SE>                                   9,592,133
<TOTAL-LIABILITY-AND-EQUITY>                63,171,487
<SALES>                                      3,764,553
<TOTAL-REVENUES>                            30,809,072
<CGS>                                        2,792,632
<TOTAL-COSTS>                               27,510,769
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                           5,522,627<F1>
<INCOME-PRETAX>                            (2,145,804)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (2,145,804)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (2,145,804)
<EPS-PRIMARY>                                    (.30)
<EPS-DILUTED>                                    (.30)
<FN>
<F1>Net of interest capitalized of $507,286
</FN>