<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <CASH> 18,656,254 <SECURITIES> 0 <RECEIVABLES> 146,489 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 18,802,743 <PP&E> 15,807,500 <DEPRECIATION> 0 <TOTAL-ASSETS> 34,610,243 <CURRENT-LIABILITIES> 302,558 <BONDS> 4,680,003 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 29,627,682 <TOTAL-LIABILITY-AND-EQUITY> 34,610,243 <SALES> 2,910,747 <TOTAL-REVENUES> 6,605,126 <CGS> 889,448 <TOTAL-COSTS> 889,448 <OTHER-EXPENSES> 568,833 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 5,146,845 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,146,845 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,146,845 <EPS-BASIC> 53.64 <EPS-DILUTED> 53.64