<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 2,730,009 <SECURITIES> 0 <RECEIVABLES> 38,836 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 51,409,373 <DEPRECIATION> (30,448,759) <TOTAL-ASSETS> 32,493,649 <CURRENT-LIABILITIES> 0 <BONDS> 36,326,333 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 32,493,649 <SALES> 11,329,456 <TOTAL-REVENUES> 11,589,933 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 7,485,521 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,838,576 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,265,836 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,265,836 <EPS-PRIMARY> 0 <EPS-DILUTED> 0