<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 3,967,597 <SECURITIES> 0 <RECEIVABLES> 15,949 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,983,546 <PP&E> 11,649,067 <DEPRECIATION> 0 <TOTAL-ASSETS> 15,632,613 <CURRENT-LIABILITIES> 224,778 <BONDS> 1,172,249 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 14,235,586 <TOTAL-LIABILITY-AND-EQUITY> 15,632,613 <SALES> 1,386,068 <TOTAL-REVENUES> 1,487,435 <CGS> 372,554 <TOTAL-COSTS> 372,554 <OTHER-EXPENSES> 173,818 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 644,464 <INCOME-TAX> 0 <INCOME-CONTINUING> 644,464 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 644,464 <EPS-PRIMARY> 15.98 <EPS-DILUTED> 15.98