<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <EXCHANGE-RATE> 1 <CASH> 6,956,559 <SECURITIES> 0 <RECEIVABLES> 4,383,882 <ALLOWANCES> 100,940 <INVENTORY> 4,947,595 <CURRENT-ASSETS> 17,734,179 <PP&E> 71,331,156 <DEPRECIATION> 27,310,706 <TOTAL-ASSETS> 79,894,928 <CURRENT-LIABILITIES> 10,083,733 <BONDS> 75,775,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 4,577,000 <COMMON> 5,000 <OTHER-SE> (13,848,773) <TOTAL-LIABILITY-AND-EQUITY> 79,894,928 <SALES> 10,667,977 <TOTAL-REVENUES> 32,730,941 <CGS> 3,219,982 <TOTAL-COSTS> 29,167,788 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 77,891 <INTEREST-EXPENSE> 1,105,481 <INCOME-PRETAX> 2,457,672 <INCOME-TAX> 967,800 <INCOME-CONTINUING> 1,489,872 <DISCONTINUED> 0 <EXTRAORDINARY> 288,600 <CHANGES> 0 <NET-INCOME> 1,073,116 <EPS-PRIMARY> 214.62 <EPS-DILUTED> 214.62