<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 3,326,441 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 84,719,132 <DEPRECIATION> (54,315,306) <TOTAL-ASSETS> 40,678,481 <CURRENT-LIABILITIES> 0 <BONDS> 48,716,934 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 40,678,481 <SALES> 5,214,238 <TOTAL-REVENUES> 5,255,373 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,745,480 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,063,110 <INCOME-PRETAX> 446,783 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 446,783 <EPS-PRIMARY> 0 <EPS-DILUTED> 0