<ARTICLE> 5 <MULTIPLIER> 1000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 11438 <SECURITIES> 0 <RECEIVABLES> 674 <ALLOWANCES> 500 <INVENTORY> 0 <CURRENT-ASSETS> 12434 <PP&E> 22406 <DEPRECIATION> 0 <TOTAL-ASSETS> 34961 <CURRENT-LIABILITIES> 510 <BONDS> 12009 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 22442 <TOTAL-LIABILITY-AND-EQUITY> 34961 <SALES> 0 <TOTAL-REVENUES> 10121 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 515 <LOSS-PROVISION> 267 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 9338 <INCOME-TAX> 0 <INCOME-CONTINUING> 9338 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9338 <EPS-PRIMARY> 111.42 <EPS-DILUTED> 111.42