<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 7,220,155 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 7,220,155 <PP&E> 33,517,452 <DEPRECIATION> 0 <TOTAL-ASSETS> 40,737,607 <CURRENT-LIABILITIES> 158,896 <BONDS> 1,251,998 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 39,326,713 <TOTAL-LIABILITY-AND-EQUITY> 40,737,607 <SALES> 4,686,292 <TOTAL-REVENUES> 5,174,753 <CGS> 1,339,126 <TOTAL-COSTS> 1,339,126 <OTHER-EXPENSES> 1,660,147 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 2,175,480 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,175,480 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,175,480 <EPS-PRIMARY> 26.17 <EPS-DILUTED> 26.17