<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 2,731,464 <SECURITIES> 1,714,989 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,446,453 <PP&E> 23,975,632 <DEPRECIATION> 0 <TOTAL-ASSETS> 28,422,085 <CURRENT-LIABILITIES> 143,851 <BONDS> 478,108 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 27,800,126 <TOTAL-LIABILITY-AND-EQUITY> 28,422,085 <SALES> 1,561,177 <TOTAL-REVENUES> 1,675,586 <CGS> 342,270 <TOTAL-COSTS> 342,270 <OTHER-EXPENSES> 405,779 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 927,537 <INCOME-TAX> 0 <INCOME-CONTINUING> 927,537 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 927,537 <EPS-PRIMARY> 21.82 <EPS-DILUTED> 21.82