<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 16,731,938 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 16,731,938 <PP&E> 25,036,502 <DEPRECIATION> 0 <TOTAL-ASSETS> 41,768,440 <CURRENT-LIABILITIES> 249,324 <BONDS> 4,571,413 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 36,947,703 <TOTAL-LIABILITY-AND-EQUITY> 41,768,440 <SALES> 3,618,761 <TOTAL-REVENUES> 7,650,341 <CGS> 1,056,101 <TOTAL-COSTS> 1,056,101 <OTHER-EXPENSES> 984,371 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 5,609,869 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,609,869 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,609,869 <EPS-PRIMARY> 58.46 <EPS-DILUTED> 58.46