<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 1,911,552 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 41,900,835 <DEPRECIATION> (22,502,903) <TOTAL-ASSETS> 25,601,245 <CURRENT-LIABILITIES> 0 <BONDS> 23,466,298 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 25,601,245 <SALES> 8,662,524 <TOTAL-REVENUES> 9,159,934 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 7,154,380 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,172,940 <INCOME-PRETAX> (167,386) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (167,386) <EPS-PRIMARY> 0 <EPS-DILUTED> 0