<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 3,330,836 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 82,886,388 <DEPRECIATION> (49,466,952) <TOTAL-ASSETS> 44,051,144 <CURRENT-LIABILITIES> 0 <BONDS> 49,745,307 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 44,051,144 <SALES> 19,947,518 <TOTAL-REVENUES> 20,616,269 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 14,862,764 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,776,243 <INCOME-PRETAX> 977,262 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 977,262 <EPS-PRIMARY> 0 <EPS-DILUTED> 0