<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 1,403,143 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 13,176,450 <DEPRECIATION> (5,968,023) <TOTAL-ASSETS> 8,772,104 <CURRENT-LIABILITIES> 280,355 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 8,491,749 <TOTAL-LIABILITY-AND-EQUITY> 8,772,104 <SALES> 1,623,889 <TOTAL-REVENUES> 1,741,125 <CGS> 0 <TOTAL-COSTS> 998,052 <OTHER-EXPENSES> 663,306 <LOSS-PROVISION> 6,475 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 73,292 <INCOME-TAX> 0 <INCOME-CONTINUING> 73,292 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 73,292 <EPS-PRIMARY> 0.24 <EPS-DILUTED> 0.24