<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 1,799,278 <SECURITIES> 0 <RECEIVABLES> 447,539 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 40,325,554 <DEPRECIATION> (18,490,971) <TOTAL-ASSETS> 34,377,305 <CURRENT-LIABILITIES> 0 <BONDS> 27,540,506 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 34,377,305 <SALES> 7,015,762 <TOTAL-REVENUES> 7,099,588 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,318,315 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,016,545 <INCOME-PRETAX> (235,272) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (235,272) <EPS-PRIMARY> 0 <EPS-DILUTED> 0