<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 2,105,728 <SECURITIES> 1,432,651 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,538,379 <PP&E> 19,167,923 <DEPRECIATION> 0 <TOTAL-ASSETS> 22,706,302 <CURRENT-LIABILITIES> 145,765 <BONDS> 717,677 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 21,842,860 <TOTAL-LIABILITY-AND-EQUITY> 22,706,302 <SALES> 2,165,038 <TOTAL-REVENUES> 2,688,336 <CGS> 374,736 <TOTAL-COSTS> 374,736 <OTHER-EXPENSES> 725,291 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,588,309 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,588,309 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,588,309 <EPS-PRIMARY> 32.23 <EPS-DILUTED> 32.23