<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 1,149,664 <SECURITIES> 247,960 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,397,624 <PP&E> 3,724,981 <DEPRECIATION> 130,677 <TOTAL-ASSETS> 5,122,605 <CURRENT-LIABILITIES> 88,715 <BONDS> 665,403 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 4,368,487 <TOTAL-LIABILITY-AND-EQUITY> 5,122,605 <SALES> 342,336 <TOTAL-REVENUES> 902,587 <CGS> 63,374 <TOTAL-COSTS> 63,374 <OTHER-EXPENSES> 171,744 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 667,469 <INCOME-TAX> 0 <INCOME-CONTINUING> 667,469 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 667,469 <EPS-PRIMARY> 19.11 <EPS-DILUTED> 19.11