<TABLE> <S> <C>

<ARTICLE>                                                         5
<MULTIPLIER>                                                      1

<S>                                                                     <C>
<PERIOD-TYPE>                                                                     3-MOS
<FISCAL-YEAR-END>                                                           DEC-31-2000
<PERIOD-START>                                                              JAN-01-2000
<PERIOD-END>                                                                MAR-31-2000
<CASH>                                                                   9,051,562
<SECURITIES>                                                                     0
<RECEIVABLES>                                                            2,850,563
<ALLOWANCES>                                                                     0
<INVENTORY>                                                                      0
<CURRENT-ASSETS>                                                        14,541,545
<PP&E>                                                                  27,753,524
<DEPRECIATION>                                                           3,050,969
<TOTAL-ASSETS>                                                          53,215,449
<CURRENT-LIABILITIES>                                                    4,341,355
<BONDS>                                                                          0
<PREFERRED-MANDATORY>                                                            0
<PREFERRED>                                                                    164
<COMMON>                                                                    49,436
<OTHER-SE>                                                              18,347,250
<TOTAL-LIABILITY-AND-EQUITY>                                            53,215,449
<SALES>                                                                          0
<TOTAL-REVENUES>                                                         6,012,870
<CGS>                                                                            0
<TOTAL-COSTS>                                                            3,516,219
<OTHER-EXPENSES>                                                                 0
<LOSS-PROVISION>                                                                 0
<INTEREST-EXPENSE>                                                         675,867
<INCOME-PRETAX>                                                          2,513,347
<INCOME-TAX>                                                               949,095
<INCOME-CONTINUING>                                                      1,564,252
<DISCONTINUED>                                                                   0
<EXTRAORDINARY>                                                                  0
<CHANGES>                                                                        0
<NET-INCOME>                                                             1,564,252
<EPS-BASIC>                                                                 0.37
<EPS-DILUTED>                                                                 0.36


</TABLE>