<ARTICLE> 5

       
                                                  
<PERIOD-TYPE>                   3-MOS                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999             DEC-31-1998
<PERIOD-START>                             JAN-01-1999             JAN-01-1998  
<PERIOD-END>                               MAR-31-1999             MAR-31-1998 
<CASH>                                       2,277,530              26,743,270  
<SECURITIES>                                         0                       0  
<RECEIVABLES>                               14,702,760              12,949,245
<ALLOWANCES>                                   538,494                 436,671  
<INVENTORY>                                          0                       0  
<CURRENT-ASSETS>                            24,407,228              45,835,949  
<PP&E>                                     194,710,261             157,456,629 
<DEPRECIATION>                               9,885,722               6,510,149  
<TOTAL-ASSETS>                             231,841,383             214,573,326  
<CURRENT-LIABILITIES>                       18,449,973              37,752,642  
<BONDS>                                    170,444,840             165,572,133  
<PREFERRED-MANDATORY>                                0                       0  
<PREFERRED>                                 34,270,833              33,558,333  
<COMMON>                                        89,559                  89,559  
<OTHER-SE>                                     740,693                 716,131  
<TOTAL-LIABILITY-AND-EQUITY>               231,841,383             214,573,326  
<SALES>                                     13,716,301              14,689,789
<TOTAL-REVENUES>                            13,716,301              14,689,789
<CGS>                                        9,000,701              10,496,256
<TOTAL-COSTS>                                9,000,701              10,496,256
<OTHER-EXPENSES>                                     0                       0  
<LOSS-PROVISION>                                     0                       0  
<INTEREST-EXPENSE>                           6,015,734               1,879,927
<INCOME-PRETAX>                            (7,992,850)             (1,371,529)  
<INCOME-TAX>                                 (785,582)                  86,584
<INCOME-CONTINUING>                        (7,207,268)             (1,458,113)
<DISCONTINUED>                                       0                       0  
<EXTRAORDINARY>                            (1,149,954)                       0  
<CHANGES>                                            0                       0  
<NET-INCOME>                               (8,357,222)             (1,458,113)
<EPS-PRIMARY>                                        0                       0  
<EPS-DILUTED>                                        0                       0