<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 6,303,386 <SECURITIES> 4,362,030 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 10,665,416 <PP&E> 32,123,406 <DEPRECIATION> 0 <TOTAL-ASSETS> 42,788,822 <CURRENT-LIABILITIES> 177,236 <BONDS> 1,106,292 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 41,505,294 <TOTAL-LIABILITY-AND-EQUITY> 42,788,822 <SALES> 16,477,473 <TOTAL-REVENUES> 17,197,366 <CGS> 1,949,211 <TOTAL-COSTS> 1,949,211 <OTHER-EXPENSES> 2,094,235 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 13,153,920 <INCOME-TAX> 0 <INCOME-CONTINUING> 13,153,920 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,153,920 <EPS-PRIMARY> 158.07 <EPS-DILUTED> 158.07