<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
FOR THE SIX MONTHS ENDED JUNE 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<CASH> 3,039,946
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 3,039,946
<PP&E> 115,324,583
<DEPRECIATION> 16,624,773
<TOTAL-ASSETS> 116,012,191
<CURRENT-LIABILITIES> 5,319,891
<BONDS> 55,357,824
0
0
<COMMON> 7,633
<OTHER-SE> 51,908,283
<TOTAL-LIABILITY-AND-EQUITY> 116,012,191
<SALES> 0
<TOTAL-REVENUES> 7,422,048
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 2,970,220
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,781,286
<INCOME-PRETAX> 2,546,692
<INCOME-TAX> 0
<INCOME-CONTINUING> 2,546,692
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,546,692
<EPS-BASIC> .33
<EPS-DILUTED> .33
</TABLE>