<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 4357886 <SECURITIES> 2938849 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 7296735 <PP&E> 52114556 <DEPRECIATION> 0 <TOTAL-ASSETS> 59411291 <CURRENT-LIABILITIES> 147601 <BONDS> 2929802 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 56333888 <TOTAL-LIABILITY-AND-EQUITY> 59411291 <SALES> 2951599 <TOTAL-REVENUES> 3122639 <CGS> 533439 <TOTAL-COSTS> 533439 <OTHER-EXPENSES> 764297 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1824903 <INCOME-TAX> 0 <INCOME-CONTINUING> 1824903 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1824903 <EPS-PRIMARY> 19.02 <EPS-DILUTED> 19.02