<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 17,597,405 <SECURITIES> 0 <RECEIVABLES> 97,603 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 17,695,008 <PP&E> 4,608,955 <DEPRECIATION> 0 <TOTAL-ASSETS> 22,303,963 <CURRENT-LIABILITIES> 136,573 <BONDS> 4,436,165 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 17,731,225 <TOTAL-LIABILITY-AND-EQUITY> 22,303,963 <SALES> 3,148,814 <TOTAL-REVENUES> 8,913,259 <CGS> 951,623 <TOTAL-COSTS> 951,623 <OTHER-EXPENSES> 705,255 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 7,256,381 <INCOME-TAX> 0 <INCOME-CONTINUING> 7,256,381 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,256,381 <EPS-BASIC> 75.62 <EPS-DILUTED> 75.62