<ARTICLE> 5 <PERIOD-TYPE> YEAR 9-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1998 <PERIOD-START> JAN-01-1997 JAN-01-1998 <PERIOD-END> DEC-31-1997 SEP-30-1998 <CASH> 6,822,462 14,112,457 <SECURITIES> 0 0 <RECEIVABLES> 8,361,982 16,999,327 <ALLOWANCES> 49,204 389,723 <INVENTORY> 0 0 <CURRENT-ASSETS> 17,140,868 38,881,867 <PP&E> 61,206,890 119,835,637 <DEPRECIATION> 7,465,891 10,977,208 <TOTAL-ASSETS> 144,612,779 368,639,384 <CURRENT-LIABILITIES> 17,033,168 22,901,073 <BONDS> 0 200,000,000 <PREFERRED-MANDATORY> 130,164 0 <PREFERRED> 0 0 <COMMON> 8,810 18,110 <OTHER-SE> (10,947,588) 16,968,064 <TOTAL-LIABILITY-AND-EQUITY> 144,612,779 144,612,779 <SALES> 42,972,318 59,116,211 <TOTAL-REVENUES> 42,972,318 59,116,211 <CGS> 0 0 <TOTAL-COSTS> 30,533,066 44,855,787 <OTHER-EXPENSES> 19,229 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 9,293,104 17,619,298 <INCOME-PRETAX> 4,661,050 (2,008,798) <INCOME-TAX> 1,875,634 (697,213) <INCOME-CONTINUING> 2,785,416 (1,311,585) <DISCONTINUED> 0 0 <EXTRAORDINARY> 3,611,624 2,520,943 <CHANGES> 0 0 <NET-INCOME> (887,843) (3,900,500) <EPS-PRIMARY> 0.00 0.00 <EPS-DILUTED> 0.00 0.00