<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JUL-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <CASH> 2,144 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 35,028 <DEPRECIATION> 5,235 <TOTAL-ASSETS> 33,189 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 7,802 <TOTAL-LIABILITY-AND-EQUITY> 33,189 <SALES> 0 <TOTAL-REVENUES> 2,500 <CGS> 0 <TOTAL-COSTS> 1,928 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 501 <INCOME-PRETAX> 71 <INCOME-TAX> 0 <INCOME-CONTINUING> 71 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 71 <EPS-PRIMARY> 3.78 <EPS-DILUTED> 0