<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 1,555,000 <SECURITIES> 0 <RECEIVABLES> 361,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,916,000 <PP&E> 23,996,000 <DEPRECIATION> (1,380,000) <TOTAL-ASSETS> 29,996,000 <CURRENT-LIABILITIES> 240,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 29,996,000 <SALES> 0 <TOTAL-REVENUES> 2,202,000 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,389,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 813,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 813,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 813,000 <EPS-PRIMARY> 0.0 <EPS-DILUTED> 0.0