<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JUL-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 194,486 <SECURITIES> 1,000 <RECEIVABLES> 54,183 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 249,669 <PP&E> 9,158,347 <DEPRECIATION> 2,105,650 <TOTAL-ASSETS> 7,412,983 <CURRENT-LIABILITIES> 6,008 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 6,829,465 <TOTAL-LIABILITY-AND-EQUITY> 7,412,983 <SALES> 0 <TOTAL-REVENUES> 192,711 <CGS> 0 <TOTAL-COSTS> 188,517 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 4,194 <INCOME-TAX> 0 <INCOME-CONTINUING> 4,194 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,194 <EPS-PRIMARY> 0.08 <EPS-DILUTED> 0.08