<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 15,866,544 <SECURITIES> 3,243,668 <RECEIVABLES> 9,214,074 <ALLOWANCES> 1,164,212 <INVENTORY> 0 <CURRENT-ASSETS> 27,915,082 <PP&E> 52,853,175 <DEPRECIATION> 26,972,335 <TOTAL-ASSETS> 100,917,398 <CURRENT-LIABILITIES> 13,776,458 <BONDS> 100,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 59,871 <OTHER-SE> (15,001,323) <TOTAL-LIABILITY-AND-EQUITY> 100,917,398 <SALES> 0 <TOTAL-REVENUES> 12,505,337 <CGS> 0 <TOTAL-COSTS> 13,219,333 <OTHER-EXPENSES> 4,179 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,156,650 <INCOME-PRETAX> (3,593,165) <INCOME-TAX> (3,612,629) <INCOME-CONTINUING> (3,662,982) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,662,982) <EPS-PRIMARY> (0.60) <EPS-DILUTED> (0.60)