<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1999 <PERIOD-START> OCT-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 111,012 <SECURITIES> 0 <RECEIVABLES> 31,082 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 142,094 <PP&E> 6,859,530 <DEPRECIATION> 1,019,349 <TOTAL-ASSETS> 6,012,275 <CURRENT-LIABILITIES> 161,802 <BONDS> 3,824,351 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 623,761 <OTHER-SE> 717,465 <TOTAL-LIABILITY-AND-EQUITY> 1,574,992 <SALES> 0 <TOTAL-REVENUES> 166,358 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 90,003 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 78,127 <INCOME-PRETAX> (317) <INCOME-TAX> 2,964 <INCOME-CONTINUING> (3,281) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,281) <EPS-PRIMARY> 0 <EPS-DILUTED> 0