<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 3,719,908 <SECURITIES> 0 <RECEIVABLES> 202,634 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,922,542 <PP&E> 19,473,687 <DEPRECIATION> 4,079,292 <TOTAL-ASSETS> 19,381,476 <CURRENT-LIABILITIES> 144,692 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 690,565 <TOTAL-LIABILITY-AND-EQUITY> 19,381,476 <SALES> 1,260,351 <TOTAL-REVENUES> 1,342,449 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 636,721 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,005,738 <INCOME-PRETAX> (300,010) <INCOME-TAX> 0 <INCOME-CONTINUING> (300,010) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (300,010) <EPS-PRIMARY> 0 <EPS-DILUTED> 0