<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 73,436 <SECURITIES> 54,637 <RECEIVABLES> 4,807,543 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,935,616 <PP&E> 6,402,697 <DEPRECIATION> (189,692) <TOTAL-ASSETS> 11,163,177 <CURRENT-LIABILITIES> 816,008 <BONDS> 9,520,600 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,010,000 <OTHER-SE> (183,431) <TOTAL-LIABILITY-AND-EQUITY> 11,163,177 <SALES> 0 <TOTAL-REVENUES> 1,757,334 <CGS> 0 <TOTAL-COSTS> 1,280,264 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 491,368 <INCOME-PRETAX> (14,298) <INCOME-TAX> (30,996) <INCOME-CONTINUING> 16,698 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 16,698 <EPS-BASIC> 0 <EPS-DILUTED> 0