<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE FORM 10-K FOR THE
FISCAL YEAR ENDED SEPTEMBER 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-1996
<PERIOD-START>                             OCT-01-1995
<PERIOD-END>                               SEP-30-1996
<CASH>                                           1,490
<SECURITIES>                                         0
<RECEIVABLES>                                    2,436
<ALLOWANCES>                                     3,307
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 1,030
<PP&E>                                          42,203
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                  43,852
<CURRENT-LIABILITIES>                            1,975
<BONDS>                                         19,377
<COMMON>                                         5,179
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                      17,321
<TOTAL-LIABILITY-AND-EQUITY>                    43,852
<SALES>                                              0
<TOTAL-REVENUES>                                10,645
<CGS>                                                0
<TOTAL-COSTS>                                    6,890
<OTHER-EXPENSES>                                   734
<LOSS-PROVISION>                                 3,307
<INTEREST-EXPENSE>                               1,774
<INCOME-PRETAX>                                (2,060)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (2,060)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                    672
<CHANGES>                                            0
<NET-INCOME>                                   (1,388)
<EPS-PRIMARY>                                    (.27)
<EPS-DILUTED>                                    (.27)