<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 12,809,000 <SECURITIES> 0 <RECEIVABLES> 716,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 13,577,000 <PP&E> 14,171,000 <DEPRECIATION> 5,986,000 <TOTAL-ASSETS> 21,786,000 <CURRENT-LIABILITIES> 1,715,000 <BONDS> 8,224,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 11,847,000 <TOTAL-LIABILITY-AND-EQUITY> 21,786,000 <SALES> 0 <TOTAL-REVENUES> 998,000 <CGS> 0 <TOTAL-COSTS> 672,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 210,000 <INCOME-PRETAX> 147,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 147,000 <EPS-PRIMARY> 2 <EPS-DILUTED> 0