<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 3,254,787 <SECURITIES> 1,174,933 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,429,720 <PP&E> 23,808,890 <DEPRECIATION> 0 <TOTAL-ASSETS> 28,238,610 <CURRENT-LIABILITIES> 144,270 <BONDS> 478,108 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 27,616,232 <TOTAL-LIABILITY-AND-EQUITY> 28,238,610 <SALES> 2,366,377 <TOTAL-REVENUES> 2,539,931 <CGS> 539,698 <TOTAL-COSTS> 539,698 <OTHER-EXPENSES> 599,099 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,401,134 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,401,134 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,401,134 <EPS-PRIMARY> 32.97 <EPS-DILUTED> 32.97