<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 2,680,102 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 82,592,606 <DEPRECIATION> (55,930,192) <TOTAL-ASSETS> 32,051,540 <CURRENT-LIABILITIES> 0 <BONDS> 36,140,300 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 32,051,540 <SALES> 14,890,624 <TOTAL-REVENUES> 15,076,467 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 11,763,860 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,469,677 <INCOME-PRETAX> (157,070) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (157,070) <EPS-PRIMARY> 0 <EPS-DILUTED> 0