<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 3,617,298 <SECURITIES> 0 <RECEIVABLES> 204,338 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,821,636 <PP&E> 20,118,311 <DEPRECIATION> 4,835,438 <TOTAL-ASSETS> 19,104,509 <CURRENT-LIABILITIES> 597,816 <BONDS> 7,735,573 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 10,771,120 <TOTAL-LIABILITY-AND-EQUITY> 19,104,509 <SALES> 0 <TOTAL-REVENUES> 2,183,982 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,695,473 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 361,687 <INCOME-PRETAX> 126,822 <INCOME-TAX> 0 <INCOME-CONTINUING> 126,822 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 126,822 <EPS-PRIMARY> 0 <EPS-DILUTED> 0