<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 3,359,272 <SECURITIES> 0 <RECEIVABLES> 64,977 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,424,249 <PP&E> 19,467,903 <DEPRECIATION> 3,995,601 <TOTAL-ASSETS> 19,029,012 <CURRENT-LIABILITIES> 166,916 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 824,990 <TOTAL-LIABILITY-AND-EQUITY> 19,029,012 <SALES> 595,281 <TOTAL-REVENUES> 634,643 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 303,603 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 496,625 <INCOME-PRETAX> (165,585) <INCOME-TAX> 0 <INCOME-CONTINUING> (165,585) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (165,585) <EPS-PRIMARY> 0 <EPS-DILUTED> 0