<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <CASH> 10953737 <SECURITIES> 3151267 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 14105004 <PP&E> 50416085 <DEPRECIATION> 0 <TOTAL-ASSETS> 64521089 <CURRENT-LIABILITIES> 544765 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 63976324 <TOTAL-LIABILITY-AND-EQUITY> 64521089 <SALES> 0 <TOTAL-REVENUES> 1069144 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 322888 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 746256 <INCOME-TAX> 0 <INCOME-CONTINUING> 746256 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 746256 <EPS-PRIMARY> 8.94 <EPS-DILUTED> 8.94