<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 827,785 <SECURITIES> 2,540,598 <RECEIVABLES> 469,148 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,762,347 <PP&E> 69,681,246 <DEPRECIATION> 18,467,682 <TOTAL-ASSETS> 58,207,130 <CURRENT-LIABILITIES> 2,810,711 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,749,869 <TOTAL-LIABILITY-AND-EQUITY> 58,207,130 <SALES> 9,081,735 <TOTAL-REVENUES> 9,167,138 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,940,378 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,310,368 <INCOME-PRETAX> 993,824 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 993,824 <EPS-PRIMARY> 5.74 <EPS-DILUTED> 5.74