<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 2,138,751 <SECURITIES> 983,053 <RECEIVABLES> 8,475 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,130,279 <PP&E> 10,234,986 <DEPRECIATION> 0 <TOTAL-ASSETS> 13,648,910 <CURRENT-LIABILITIES> 390,369 <BONDS> 654,543 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 12,603,998 <TOTAL-LIABILITY-AND-EQUITY> 13,648,910 <SALES> 514,956 <TOTAL-REVENUES> 585,631 <CGS> 138,412 <TOTAL-COSTS> 138,412 <OTHER-EXPENSES> 183,016 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 264,203 <INCOME-TAX> 0 <INCOME-CONTINUING> 264,203 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 264,203 <EPS-PRIMARY> 8.72 <EPS-DILUTED> 8.72