<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 2,066,204 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 52,997,870 <DEPRECIATION> 22,982,478 <TOTAL-ASSETS> 34,984,207 <CURRENT-LIABILITIES> 0 <BONDS> 27,654,274 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 34,984,207 <SALES> 4,620,968 <TOTAL-REVENUES> 4,678,118 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,597,722 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,347,691 <INCOME-PRETAX> (267,295) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (267,295) <EPS-PRIMARY> 0 <EPS-DILUTED> 0