<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 2,514,386 <SECURITIES> 0 <RECEIVABLES> 64,048 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 55,584,658 <DEPRECIATION> (33,227,314) <TOTAL-ASSETS> 32,159,978 <CURRENT-LIABILITIES> 0 <BONDS> 39,031,214 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 42,368,931 <SALES> 7,513,324 <TOTAL-REVENUES> 7,739,172 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 4,979,593 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,893,428 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 866,151 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 866,151 <EPS-PRIMARY> 0 <EPS-DILUTED> 0