<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 1,944,604 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 41,920,872 <DEPRECIATION> (22,965,793) <TOTAL-ASSETS> 25,259,971 <CURRENT-LIABILITIES> 0 <BONDS> 23,353,457 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 25,259,971 <SALES> 2,215,072 <TOTAL-REVENUES> 2,237,016 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,559,248 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 538,676 <INCOME-PRETAX> 139,092 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 139,092 <EPS-PRIMARY> 0 <EPS-DILUTED> 0