<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 6,865,020 <SECURITIES> 0 <RECEIVABLES> 305,939 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 19,701,828 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 15,753,186 <TOTAL-LIABILITY-AND-EQUITY> 19,701,828 <SALES> 0 <TOTAL-REVENUES> 7,140,477 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,581,823 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 173,756 <INCOME-PRETAX> 5,384,898 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,384,898 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,384,898 <EPS-BASIC> 0 <EPS-DILUTED> 0