<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 444,642 <SECURITIES> 0 <RECEIVABLES> 1,175,178 <ALLOWANCES> (819) <INVENTORY> 0 <CURRENT-ASSETS> 1,619,001 <PP&E> 7,145,664 <DEPRECIATION> (1,402,918) <TOTAL-ASSETS> 7,361,747 <CURRENT-LIABILITIES> 30,772 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 7,330,975 <TOTAL-LIABILITY-AND-EQUITY> 7,361,747 <SALES> 0 <TOTAL-REVENUES> 202,339 <CGS> 0 <TOTAL-COSTS> 35,057 <OTHER-EXPENSES> 12,755 <LOSS-PROVISION> 1,622 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 152,905 <EPS-PRIMARY> 1.12 <EPS-DILUTED> 0