<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 2,387,931 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 86,735,138 <DEPRECIATION> 47,667,168 <TOTAL-ASSETS> 48,340,944 <CURRENT-LIABILITIES> 0 <BONDS> 51,007,280 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 48,340,944 <SALES> 9,825,930 <TOTAL-REVENUES> 9,894,840 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 7,725,523 <LOSS-PROVISION> 220,157 <INTEREST-EXPENSE> 2,414,626 <INCOME-PRETAX> (465,466) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (465,466) <EPS-PRIMARY> 0 <EPS-DILUTED> 0