<ARTICLE> 5

                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               DEC-31-1999
<CASH>                                       2,929,804
<SECURITIES>                                29,431,176
<RECEIVABLES>                                  648,354
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             2,273,635
<PP&E>                                     110,295,424
<DEPRECIATION>                               1,726,103
<TOTAL-ASSETS>                             143,852,290
<CURRENT-LIABILITIES>                       27,636,695
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                 116,215,595
<TOTAL-LIABILITY-AND-EQUITY>               143,852,290
<SALES>                                              0
<TOTAL-REVENUES>                             6,495,395
<CGS>                                                0
<TOTAL-COSTS>                                2,610,746
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             442,029
<INCOME-PRETAX>                              3,884,649
<INCOME-TAX>                                 3,884,649
<INCOME-CONTINUING>                          3,884,649
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 3,884,649
<EPS-BASIC>                                          0
<EPS-DILUTED>                                      .50