<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 1,557,326 <SECURITIES> 0 <RECEIVABLES> 202,611 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,864,161 <PP&E> 31,153,922 <DEPRECIATION> 1,222,609 <TOTAL-ASSETS> 31,795,474 <CURRENT-LIABILITIES> 949,633 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 30,845,841 <TOTAL-LIABILITY-AND-EQUITY> 31,795,474 <SALES> 0 <TOTAL-REVENUES> 1,276,618 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 350,887 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 38,835 <INCOME-PRETAX> 886,896 <INCOME-TAX> 0 <INCOME-CONTINUING> 886,896 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 886,896 <EPS-PRIMARY> 13.17 <EPS-DILUTED> 13.17