<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 2,302,067 <SECURITIES> 0 <RECEIVABLES> 185,158 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 64,652,467 <DEPRECIATION> (37,750,897) <TOTAL-ASSETS> 32,625,141 <CURRENT-LIABILITIES> 0 <BONDS> 39,570,372 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 32,625,141 <SALES> 3,668,760 <TOTAL-REVENUES> 3,695,722 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,590,133 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 961,166 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 144,423 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 144,423 <EPS-PRIMARY> 0 <EPS-DILUTED> 0