<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 7877668 <SECURITIES> 1912918 <RECEIVABLES> 46982 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 9837568 <PP&E> 29691467 <DEPRECIATION> 0 <TOTAL-ASSETS> 40338664 <CURRENT-LIABILITIES> 1076487 <BONDS> 472312 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 38789865 <TOTAL-LIABILITY-AND-EQUITY> 40338664 <SALES> 4917267 <TOTAL-REVENUES> 5220740 <CGS> 1029200 <TOTAL-COSTS> 1029200 <OTHER-EXPENSES> 1100156 <LOSS-PROVISION> (17291) <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 3108675 <INCOME-TAX> 0 <INCOME-CONTINUING> 3108675 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3108675 <EPS-PRIMARY> 77.10 <EPS-DILUTED> 77.10