<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 1,039,489 <SECURITIES> 0 <RECEIVABLES> 5,747,513 <ALLOWANCES> 257,009 <INVENTORY> 0 <CURRENT-ASSETS> 7,376,611 <PP&E> 93,759,498 <DEPRECIATION> 7,026,673 <TOTAL-ASSETS> 100,411,545 <CURRENT-LIABILITIES> 4,670,731 <BONDS> 61,021,715 <PREFERRED-MANDATORY> 13,888,140 <PREFERRED> 239,701 <COMMON> 463,689 <OTHER-SE> 20,127,569 <TOTAL-LIABILITY-AND-EQUITY> 100,411,545 <SALES> 5,277,582 <TOTAL-REVENUES> 5,277,582 <CGS> 4,055,374 <TOTAL-COSTS> 6,556,321 <OTHER-EXPENSES> 69,830 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,996,005 <INCOME-PRETAX> (6,885,488) <INCOME-TAX> 0 <INCOME-CONTINUING> (6,885,488) <DISCONTINUED> 0 <EXTRAORDINARY> (2,384,931) <CHANGES> 0 <NET-INCOME> (9,270,419) <EPS-BASIC> (0.26) <EPS-DILUTED> (0.26)