<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the consolidated balance sheet as of August 31, 1998, and the consolidated statement of income for the year ended August 31, 1998. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> AUG-31-1998 <PERIOD-END> AUG-31-1998 <CASH> 2,264 <SECURITIES> 0 <RECEIVABLES> 474 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,738 <PP&E> 47,882 <DEPRECIATION> 12,131 <TOTAL-ASSETS> 38,910 <CURRENT-LIABILITIES> 326 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 125 <COMMON> 75 <OTHER-SE> 38,384 <TOTAL-LIABILITY-AND-EQUITY> 38,910 <SALES> 7,222 <TOTAL-REVENUES> 7,320 <CGS> 0 <TOTAL-COSTS> 2,597 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 4,723 <INCOME-TAX> 0 <INCOME-CONTINUING> 4,723 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,723 <EPS-BASIC> .63 <EPS-DILUTED> .63