<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                           5,022
<SECURITIES>                                         0
<RECEIVABLES>                                      110
<ALLOWANCES>                                        77
<INVENTORY>                                          0
<CURRENT-ASSETS>                                    98
<PP&E>                                           9,590
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                  14,743
<CURRENT-LIABILITIES>                            5,615
<BONDS>                                          5,514
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         5,137
<OTHER-SE>                                     (1,523)
<TOTAL-LIABILITY-AND-EQUITY>                    14,743
<SALES>                                              0
<TOTAL-REVENUES>                                   752
<CGS>                                                0
<TOTAL-COSTS>                                      244
<OTHER-EXPENSES>                                   210
<LOSS-PROVISION>                                  (54)
<INTEREST-EXPENSE>                                 115
<INCOME-PRETAX>                                    237
<INCOME-TAX>                                       208
<INCOME-CONTINUING>                                 29
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                    373
<CHANGES>                                            0
<NET-INCOME>                                       402
<EPS-PRIMARY>                                      .08
<EPS-DILUTED>                                      .08