<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-1-1998 <PERIOD-END> DEC-31-1998 <CASH> 13,340,000 <SECURITIES> 0 <RECEIVABLES> 1,228,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 14,957,000 <PP&E> 16,856,000 <DEPRECIATION> 5,097,000 <TOTAL-ASSETS> 26,919,000 <CURRENT-LIABILITIES> 5,869,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,087,000 <OTHER-SE> 3,344,000 <TOTAL-LIABILITY-AND-EQUITY> 26,919,000 <SALES> 35,162,000 <TOTAL-REVENUES> 35,162,000 <CGS> 0 <TOTAL-COSTS> 25,826,000 <OTHER-EXPENSES> 5,116,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,186,000 <INCOME-PRETAX> 21,564,000 <INCOME-TAX> 1,513,000 <INCOME-CONTINUING> 20,051,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 20,051,000 <EPS-PRIMARY> 4.23 <EPS-DILUTED> 3.23