<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 0 <SECURITIES> 0 <RECEIVABLES> 1,411,727 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 53,672,835 <DEPRECIATION> 11,076,536 <TOTAL-ASSETS> 44,008,026 <CURRENT-LIABILITIES> 628,766 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 43,379,260 <TOTAL-LIABILITY-AND-EQUITY> 44,008,026 <SALES> 9,185,333 <TOTAL-REVENUES> 9,269,152 <CGS> 2,349,869 <TOTAL-COSTS> 4,650,502 <OTHER-EXPENSES> 2,300,633 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 4,618,650 <INCOME-TAX> 0 <INCOME-CONTINUING> 4,618,650 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,618,650 <EPS-PRIMARY> 2.40 <EPS-DILUTED> 2.37