<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE THIRD QUARTER 10-QSB AND IS QUALIFIED IN ITS ENTIERTY BY REFERENCE TO SUCH 10-QSB. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 7,412,832 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 9,962,341 <CURRENT-LIABILITIES> 0 <BONDS> 34,831,438 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (24,995,056) <TOTAL-LIABILITY-AND-EQUITY> 9,962,341 <SALES> 0 <TOTAL-REVENUES> 2,133,677 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 445,211 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,251,354 <INCOME-PRETAX> 437,112 <INCOME-TAX> 0 <INCOME-CONTINUING> 437,112 <DISCONTINUED> 0 <EXTRAORDINARY> 5,296,561 <CHANGES> 0 <NET-INCOME> 5,733,673 <EPS-BASIC> 111.23 <EPS-DILUTED> 111.23