<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-START> OCT-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 83,537 <SECURITIES> 0 <RECEIVABLES> 1,339 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 84,876 <PP&E> 6,889,671 <DEPRECIATION> 885,245 <TOTAL-ASSETS> 6,089,302 <CURRENT-LIABILITIES> 161,313 <BONDS> 3,953,781 <PREFERRED-MANDATORY> 623,761 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 651,819 <TOTAL-LIABILITY-AND-EQUITY> 1,509,346 <SALES> 0 <TOTAL-REVENUES> 174,170 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 84,663 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 80,185 <INCOME-PRETAX> 9,967 <INCOME-TAX> 3,187 <INCOME-CONTINUING> 6,418 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,418 <EPS-PRIMARY> 0 <EPS-DILUTED> 0