<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 2,530,757 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,530,757 <PP&E> 5,863,692 <DEPRECIATION> 0 <TOTAL-ASSETS> 8,394,449 <CURRENT-LIABILITIES> 87,818 <BONDS> 1,369,577 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 6,937,054 <TOTAL-LIABILITY-AND-EQUITY> 8,394,449 <SALES> 471,650 <TOTAL-REVENUES> 545,113 <CGS> 99,133 <TOTAL-COSTS> 99,133 <OTHER-EXPENSES> 171,616 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 274,364 <INCOME-TAX> 0 <INCOME-CONTINUING> 274,364 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 274,364 <EPS-BASIC> 5.57 <EPS-DILUTED> 5.57