<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 39,618 <SECURITIES> 0 <RECEIVABLES> 1,480 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 41,098 <PP&E> 5,939,346 <DEPRECIATION> 774,308 <TOTAL-ASSETS> 5,980,444 <CURRENT-LIABILITIES> 186,896 <BONDS> 4,057,063 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 623,761 <OTHER-SE> 333,766 <TOTAL-LIABILITY-AND-EQUITY> 5,980,444 <SALES> 0 <TOTAL-REVENUES> 195,421 <CGS> 0 <TOTAL-COSTS> 109,035 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 82,202 <INCOME-PRETAX> 27,129 <INCOME-TAX> 4,856 <INCOME-CONTINUING> 22,273 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 22,273 <EPS-PRIMARY> 0 <EPS-DILUTED> 0