<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Balance Sheets and the Statements of Operations filed as part of the annual report on Form 10-K and is qualified in its entirety by reference to such annual report on Form 10-Q. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 815 <SECURITIES> 0 <RECEIVABLES> 102 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 917 <PP&E> 29,288 <DEPRECIATION> 6,075 <TOTAL-ASSETS> 24,272 <CURRENT-LIABILITIES> 393 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> (262) <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 24,272 <SALES> 1,180 <TOTAL-REVENUES> 1,211 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 583 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 620 <INCOME-PRETAX> 8 <INCOME-TAX> 0 <INCOME-CONTINUING> 8 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8 <EPS-PRIMARY> .4 <EPS-DILUTED> 0