<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONDENSED
CONSOLIDATED BALANCE SHEET, CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10Q MARCH 31, 1996.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                       1,824,020
<SECURITIES>                                         0
<RECEIVABLES>                                4,007,860
<ALLOWANCES>                                         0
<INVENTORY>                                    385,952
<CURRENT-ASSETS>                             6,492,014
<PP&E>                                     134,210,125
<DEPRECIATION>                              51,932,658
<TOTAL-ASSETS>                              90,273,617
<CURRENT-LIABILITIES>                       12,795,322
<BONDS>                                     42,512,100
<COMMON>                                       373,709
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                  30,547,090
<TOTAL-LIABILITY-AND-EQUITY>                90,273,617
<SALES>                                      4,511,548
<TOTAL-REVENUES>                             5,110,238
<CGS>                                        1,220,281
<TOTAL-COSTS>                                4,807,813
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             919,722
<INCOME-PRETAX>                                302,425
<INCOME-TAX>                                   102,825
<INCOME-CONTINUING>                            199,600
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   199,600
<EPS-PRIMARY>                                      .02
<EPS-DILUTED>                                      .02