<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 6,415,646 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,415,646 <PP&E> 8,759,012 <DEPRECIATION> 0 <TOTAL-ASSETS> 15,174,658 <CURRENT-LIABILITIES> 111,789 <BONDS> 1,956,543 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 13,106,326 <TOTAL-LIABILITY-AND-EQUITY> 15,174,658 <SALES> 543,245 <TOTAL-REVENUES> 1,224,367 <CGS> 146,768 <TOTAL-COSTS> 146,768 <OTHER-EXPENSES> 225,084 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 852,515 <INCOME-TAX> 0 <INCOME-CONTINUING> 852,515 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 852,515 <EPS-BASIC> 10.26 <EPS-DILUTED> 10.26