<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> SEP-30-2000 <EXCHANGE-RATE> 1 <CASH> 71,178,825 <SECURITIES> 68,427,498 <RECEIVABLES> 9,880,948 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 152,181,678 <PP&E> 19,998,729 <DEPRECIATION> 6,460,469 <TOTAL-ASSETS> 189,355,644 <CURRENT-LIABILITIES> 7,377,334 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 215,485 <OTHER-SE> 175,839,394 <TOTAL-LIABILITY-AND-EQUITY> 189,355,644 <SALES> 0 <TOTAL-REVENUES> 36,910,790 <CGS> 0 <TOTAL-COSTS> 32,935,082 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 546,292 <INCOME-PRETAX> 8,502,563 <INCOME-TAX> 0 <INCOME-CONTINUING> 8,502,563 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,502,563 <EPS-BASIC> 0.43 <EPS-DILUTED> 0.41