<ARTICLE> 5 <PERIOD-TYPE> 12-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1994 DEC-31-1994 <PERIOD-END> DEC-31-1994 MAR-31-1995 <CASH> 1,799,590 1,811,860 <SECURITIES> 0 0 <RECEIVABLES> 4,326 2,203 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 0 0 <PP&E> 19,821,613 19,880,657 <DEPRECIATION> (5,897,942) (6,023,303) <TOTAL-ASSETS> 16,145,792 16,119,139 <CURRENT-LIABILITIES> 0 0 <BONDS> 11,424,420 11,392,947 <COMMON> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <OTHER-SE> 0 0 <TOTAL-LIABILITY-AND-EQUITY> 16,145,792 16,119,139 <SALES> 3,873,947 1,035,205 <TOTAL-REVENUES> 3,939,681 1,061,104 <CGS> 0 0 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 2,204,397 580,330 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 760,051 203,705 <INCOME-PRETAX> 975,233 277,069 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 975,233 277,069 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 975,233 277,069 <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0