<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-START> OCT-01-1997 <PERIOD-END> MAR-31-1998 <CASH> 224,193 <SECURITIES> 1,035,622 <RECEIVABLES> 1,110,889 <ALLOWANCES> 70,000 <INVENTORY> 0 <CURRENT-ASSETS> 2,942,404 <PP&E> 12,714,779 <DEPRECIATION> 2,783,281 <TOTAL-ASSETS> 14,874,582 <CURRENT-LIABILITIES> 1,990,842 <BONDS> 12,700,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 105 <OTHER-SE> (56,380) <TOTAL-LIABILITY-AND-EQUITY> 14,874,582 <SALES> 4,872,131 <TOTAL-REVENUES> 4,872,131 <CGS> 0 <TOTAL-COSTS> 3,942,874 <OTHER-EXPENSES> 245,494 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 637,992 <INCOME-PRETAX> 131,826 <INCOME-TAX> 52,730 <INCOME-CONTINUING> 79,096 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 79,096 <EPS-PRIMARY> 0 <EPS-DILUTED> 0