<ARTICLE> 5 <PERIOD-TYPE> 12-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1994 DEC-31-1995 <PERIOD-END> DEC-31-1994 MAR-31-1995 <CASH> 2,404,911 1,932,351 <SECURITIES> 0 0 <RECEIVABLES> 24,577 25,563 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 0 0 <PP&E> 62,863,767 62,526,972 <DEPRECIATION> (34,610,759) (35,209,016) <TOTAL-ASSETS> 33,355,998 33,466,009 <CURRENT-LIABILITIES> 0 0 <BONDS> 40,090,432 39,975,844 <COMMON> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <OTHER-SE> 0 0 <TOTAL-LIABILITY-AND-EQUITY> 33,355,998 33,466,009 <SALES> 13,313,091 3,489,989 <TOTAL-REVENUES> 13,425,413 3,521,090 <CGS> 0 0 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 9,717,535 2,510,977 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 3,901,700 946,754 <INCOME-PRETAX> (193,822) 63,359 <INCOME-TAX> 0 0 <INCOME-CONTINUING> (193,822) 63,359 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (193,822) 63,359 <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0