<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 2,304,383 <SECURITIES> 0 <RECEIVABLES> 188,438 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 64,266,213 <DEPRECIATION> (40,634,973) <TOTAL-ASSETS> 29,393,448 <CURRENT-LIABILITIES> 0 <BONDS> 37,344,725 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 29,393,448 <SALES> 3,211,348 <TOTAL-REVENUES> 3,236,507 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,522,385 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 817,480 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (103,358) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (103,358) <EPS-PRIMARY> 0 <EPS-DILUTED> 0