<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 4,106,010 <SECURITIES> 0 <RECEIVABLES> 112,927 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 52,180,287 <DEPRECIATION> (31,968,496) <TOTAL-ASSETS> 31,794,954 <CURRENT-LIABILITIES> 0 <BONDS> 36,034,801 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 31,794,954 <SALES> 7,582,411 <TOTAL-REVENUES> 10,997,670 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,199,395 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,808,053 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 3,990,222 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,990,222 <EPS-PRIMARY> 0 <EPS-DILUTED> 0