<ARTICLE> 5 <LEGEND> THE FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM IDM PARTICIPATING INCOME COMPANY - II SEPTEMBER 30, 1997 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 290,000 <SECURITIES> 0 <RECEIVABLES> 275,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 565,000 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,334,000 <CURRENT-LIABILITIES> 2,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,332,000 <TOTAL-LIABILITY-AND-EQUITY> 1,334,000 <SALES> 0 <TOTAL-REVENUES> 184,000 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 49,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 135,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 135,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 135,000 <EPS-PRIMARY> .68 <EPS-DILUTED> .68