<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 5,932,931 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,932,931 <PP&E> 24,773,100 <DEPRECIATION> 0 <TOTAL-ASSETS> 30,706,031 <CURRENT-LIABILITIES> 177,417 <BONDS> 4,229,398 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 26,299,216 <TOTAL-LIABILITY-AND-EQUITY> 30,706,031 <SALES> 4,422,790 <TOTAL-REVENUES> 8,561,528 <CGS> 1,358,566 <TOTAL-COSTS> 1,358,566 <OTHER-EXPENSES> 1,214,251 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 5,988,711 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,988,711 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,988,711 <EPS-PRIMARY> 62.41 <EPS-DILUTED> 62.41