<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> JUN-30-1995 <CASH> 100,219 <SECURITIES> 1,474,874 <RECEIVABLES> 17,323 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 125,974 <PP&E> 24,670,518 <DEPRECIATION> 7,100,343 <TOTAL-ASSETS> 19,211,270 <CURRENT-LIABILITIES> 1,009,693 <BONDS> 0 <COMMON> 458,845 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 11,639,748 <TOTAL-LIABILITY-AND-EQUITY> 19,211,270 <SALES> 0 <TOTAL-REVENUES> 1,679,718 <CGS> 0 <TOTAL-COSTS> 973,455 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 337,348 <INCOME-PRETAX> 706,263 <INCOME-TAX> 254,000 <INCOME-CONTINUING> 452,263 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 452,263 <EPS-PRIMARY> .98 <EPS-DILUTED> .98