<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 2,455,467 <SECURITIES> 0 <RECEIVABLES> 509,239 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 81,972,426 <DEPRECIATION> (55,163,939) <TOTAL-ASSETS> 32,486,174 <CURRENT-LIABILITIES> 0 <BONDS> 36,294,443 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 32,486,174 <SALES> 11,112,083 <TOTAL-REVENUES> 11,220,570 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 8,695,938 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,529,428 <INCOME-PRETAX> (4,796) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,796) <EPS-PRIMARY> 0 <EPS-DILUTED> 0