<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Balance Sheet, Consolidated Statement of Operations, Consolidated
Statements of Changes in Shareholders' Investment, Consolidated Statements of
Cash Flows and Notes to Consolidated Statements, and is qualified
in its entirety by reference to such financial statements and notes to
Consolidated Statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                       4,270,250
<SECURITIES>                                         0<F1>
<RECEIVABLES>                                  847,679
<ALLOWANCES>                                         0
<INVENTORY>                                    374,295
<CURRENT-ASSETS>                             6,391,240
<PP&E>                                      86,105,607
<DEPRECIATION>                               3,335,690
<TOTAL-ASSETS>                             104,202,289
<CURRENT-LIABILITIES>                        8,657,388
<BONDS>                                     83,211,794
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        295
<COMMON>                                         5,164
<OTHER-SE>                                  14,190,969
<TOTAL-LIABILITY-AND-EQUITY>               104,202,289
<SALES>                                     28,457,405
<TOTAL-REVENUES>                            28,457,405
<CGS>                                       19,769,400
<TOTAL-COSTS>                               19,769,400
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                           6,109,941
<INCOME-PRETAX>                              (175,217)
<INCOME-TAX>                                  (72,780)
<INCOME-CONTINUING>                          (102,437)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (109,169)
<EPS-PRIMARY>                                    (.04)
<EPS-DILUTED>                                        0
<FN>
<F1> If information required by the applicable schedule is not included in the
underlying financial data because it is either immaterial or inapplicable, the
value "0" (zero) will be responded to that item.
</FN>