<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
The consolidated balance sheets and consolidated statement of income as of and
for the periods ended February 28, 2000
</LEGEND>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> FEB-28-2000
<PERIOD-START> MAR-01-1999
<PERIOD-END> FEB-28-2000
<CASH> 7,490,106
<SECURITIES> 1,199,600
<RECEIVABLES> 4,301,512
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 37,371,959
<PP&E> 136,944,520
<DEPRECIATION> 2,132,836
<TOTAL-ASSETS> 269,886,231
<CURRENT-LIABILITIES> 77,485,918
<BONDS> 0
0
0
<COMMON> 152,702
<OTHER-SE> 35,850,116
<TOTAL-LIABILITY-AND-EQUITY> 269,886,231
<SALES> 0
<TOTAL-REVENUES> 22,533,494
<CGS> 0
<TOTAL-COSTS> 10,818,658
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 8,482,517
<INCOME-PRETAX> 3,584,799
<INCOME-TAX> 0
<INCOME-CONTINUING> 3,584,799
<DISCONTINUED> (34,726,387)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (31,141,588)
<EPS-BASIC> (2.12)
<EPS-DILUTED> (2.03)
</TABLE>