<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 145 <SECURITIES> 0 <RECEIVABLES> (3,864) <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> (3,719) <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,149,612 <CURRENT-LIABILITIES> 73,969 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,075,643 <TOTAL-LIABILITY-AND-EQUITY> 1,149,612 <SALES> 0 <TOTAL-REVENUES> 862,910 <CGS> 0 <TOTAL-COSTS> 1,064,971 <OTHER-EXPENSES> (127,575) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 123,888 <INCOME-PRETAX> 9,729,562 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,729,562 <EPS-PRIMARY> 0 <EPS-DILUTED> 0