<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF INCOME FOUND ON
PAGES F-3 THROUGH F-6 OF THE COMPANY'S FORM 10-K FOR THE FISCAL YEAR ENDED JUNE
30, 1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<RESTATED>
       
                                                 
<PERIOD-TYPE>                   YEAR                   
<FISCAL-YEAR-END>                          JUN-30-1996 
<PERIOD-END>                               JUN-30-1996 
<CASH>                                          45,385 
<SECURITIES>                                    33,645 
<RECEIVABLES>                               18,845,780 
<ALLOWANCES>                                         0 
<INVENTORY>                                  3,998,991 
<CURRENT-ASSETS>                            29,478,560 
<PP&E>                                     111,420,486 
<DEPRECIATION>                                       0 
<TOTAL-ASSETS>                             177,492,287 
<CURRENT-LIABILITIES>                       30,974,720 
<BONDS>                                    108,481,040
<PREFERRED-MANDATORY>                        2,400,000 
<PREFERRED>                                  7,408,279 
<COMMON>                                         1,214 
<OTHER-SE>                                  23,456,625 
<TOTAL-LIABILITY-AND-EQUITY>               177,492,287 
<SALES>                                      8,826,252 
<TOTAL-REVENUES>                           134,011,389 
<CGS>                                        5,773,934 
<TOTAL-COSTS>                              118,857,418 
<OTHER-EXPENSES>                                     0 
<LOSS-PROVISION>                                     0 
<INTEREST-EXPENSE>                          (7,948,091)
<INCOME-PRETAX>                              2,681,899 
<INCOME-TAX>                                 1,307,091 
<INCOME-CONTINUING>                                  0 
<DISCONTINUED>                                       0 
<EXTRAORDINARY>                                      0 
<CHANGES>                                      372,000 
<NET-INCOME>                                 1,746,808 
<EPS-PRIMARY>                                     (.05)
<EPS-DILUTED>                                        0