<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 3,148,305 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 84,091,196 <DEPRECIATION> (52,393,350) <TOTAL-ASSETS> 41,306,089 <CURRENT-LIABILITIES> 0 <BONDS> 49,362,167 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 41,306,089 <SALES> 15,408,397 <TOTAL-REVENUES> 15,516,325 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 11,754,459 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,428,123 <INCOME-PRETAX> 333,743 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> (405,235) <CHANGES> 0 <NET-INCOME> (71,492) <EPS-PRIMARY> 0 <EPS-DILUTED> 0