<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <CASH> 1,931,346 <SECURITIES> 0 <RECEIVABLES> 384,095 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 52,086,122 <DEPRECIATION> (21,258,248) <TOTAL-ASSETS> 35,733,680 <CURRENT-LIABILITIES> 0 <BONDS> 27,978,584 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 35,733,680 <SALES> 6,886,211 <TOTAL-REVENUES> 7,006,057 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,217,203 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,019,180 <INCOME-PRETAX> (230,326) <INCOME-TAX> 0 <INCOME-CONTINUING> (230,326) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (230,326) <EPS-PRIMARY> 0 <EPS-DILUTED> 0