<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <CASH> 3928 <SECURITIES> 1502888 <RECEIVABLES> 10955 <ALLOWANCES> 125000 <INVENTORY> 0 <CURRENT-ASSETS> 33985 <PP&E> 4088050 <DEPRECIATION> 11242 <TOTAL-ASSETS> 9133397 <CURRENT-LIABILITIES> 180647 <BONDS> 1797197 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 7155553 <TOTAL-LIABILITY-AND-EQUITY> 9133397 <SALES> 0 <TOTAL-REVENUES> 865675 <CGS> 0 <TOTAL-COSTS> 383415 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 79178 <INCOME-PRETAX> 321391 <INCOME-TAX> 0 <INCOME-CONTINUING> 321391 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 321391 <EPS-PRIMARY> 14.29 <EPS-DILUTED> 0