<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 2,535,586 <SECURITIES> 0 <RECEIVABLES> 102,776 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 52,495,535 <DEPRECIATION> (32,559,858) <TOTAL-ASSETS> 30,096,286 <CURRENT-LIABILITIES> 0 <BONDS> 36,163,103 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 30,096,286 <SALES> 11,276,346 <TOTAL-REVENUES> 14,745,040 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 7,868,510 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,746,329 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 4,130,201 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,130,201 <EPS-PRIMARY> 0 <EPS-DILUTED> 0