<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 235,673 <SECURITIES> 123,750 <RECEIVABLES> 717,964 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 19,583,426 <PP&E> 8,972,544 <DEPRECIATION> 4,535,394 <TOTAL-ASSETS> 24,464,706 <CURRENT-LIABILITIES> 20,506,325 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 110,553 <OTHER-SE> 2,079,697 <TOTAL-LIABILITY-AND-EQUITY> 24,464,706 <SALES> 2,183,681 <TOTAL-REVENUES> 7,424,707 <CGS> 0 <TOTAL-COSTS> 6,085,123 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 895,602 <INCOME-PRETAX> 1,339,584 <INCOME-TAX> 330,000 <INCOME-CONTINUING> 1,009,584 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,009,584 <EPS-BASIC> 0.09 <EPS-DILUTED> 0.09