<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 2,605,486 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,605,486 <PP&E> 5,892,216 <DEPRECIATION> 0 <TOTAL-ASSETS> 8,497,702 <CURRENT-LIABILITIES> 132,790 <BONDS> 1,369,577 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 6,995,335 <TOTAL-LIABILITY-AND-EQUITY> 8,497,702 <SALES> 1,316,005 <TOTAL-REVENUES> 9,098,258 <CGS> 216,377 <TOTAL-COSTS> 216,377 <OTHER-EXPENSES> 497,491 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 8,384,390 <INCOME-TAX> 0 <INCOME-CONTINUING> 8,384,390 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,384,390 <EPS-PRIMARY> 170.13 <EPS-DILUTED> 170.13