<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 3145595 <SECURITIES> 1564804 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4710399 <PP&E> 24679623 <DEPRECIATION> 0 <TOTAL-ASSETS> 29390022 <CURRENT-LIABILITIES> 109348 <BONDS> 478108 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 28802566 <TOTAL-LIABILITY-AND-EQUITY> 29390022 <SALES> 1457895 <TOTAL-REVENUES> 1576326 <CGS> 343505 <TOTAL-COSTS> 343505 <OTHER-EXPENSES> 390352 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 842469 <INCOME-TAX> 0 <INCOME-CONTINUING> 842469 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 842469 <EPS-PRIMARY> 19.82 <EPS-DILUTED> 19.82