<ARTICLE> 5 <PERIOD-TYPE> 12-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1994 DEC-31-1995 <PERIOD-END> DEC-31-1994 MAR-31-1995 <CASH> 3,734,020 3,666,121 <SECURITIES> 0 0 <RECEIVABLES> 50,244 59,990 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 0 0 <PP&E> 6,700,869 6,711,811 <DEPRECIATION> (762,675) (843,882) <TOTAL-ASSETS> 14,484,111 14,347,618 <CURRENT-LIABILITIES> 0 0 <BONDS> 2,802,303 2,792,289 <COMMON> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <OTHER-SE> 11,265,513 11,039,970 <TOTAL-LIABILITY-AND-EQUITY> 14,484,111 14,347,618 <SALES> 1,172,233 328,983 <TOTAL-REVENUES> 1,764,024 462,793 <CGS> 0 0 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 1,419,740 374,914 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 255,375 63,421 <INCOME-PRETAX> 88,909 24,458 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 88,909 24,458 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 88,909 24,458 <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0