<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AS OF AUGUST 31, 1999, AND THE CONSOLIDATED
STATEMENT OF INCOME FOR THE YEAR ENDED AUGUST 31, 1999.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-END>                               AUG-31-1999
<CASH>                                           2,615
<SECURITIES>                                         0
<RECEIVABLES>                                      428
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 3,033
<PP&E>                                          48,035
<DEPRECIATION>                                  13,417
<TOTAL-ASSETS>                                  37,931
<CURRENT-LIABILITIES>                              708
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        134
<COMMON>                                            75
<OTHER-SE>                                      34,921
<TOTAL-LIABILITY-AND-EQUITY>                    37,931
<SALES>                                          7,525
<TOTAL-REVENUES>                                 7,597
<CGS>                                                0
<TOTAL-COSTS>                                    4,636
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  31
<INCOME-PRETAX>                                  2,930
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              2,930
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,930
<EPS-BASIC>                                        .38
<EPS-DILUTED>                                      .38