<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> Dec-31-1996 <PERIOD-END> Sep-30-1996 <CASH> 452,808 <SECURITIES> 808,036 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 19,204,972 <DEPRECIATION> (4,702,148) <TOTAL-ASSETS> 15,881,227 <CURRENT-LIABILITIES> 351,995 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 8,594,929 <TOTAL-LIABILITY-AND-EQUITY> 15,881,227 <SALES> 0 <TOTAL-REVENUES> 2,031,220 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 885,905 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 592,010 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (55,914) <EPS-PRIMARY> 0 <EPS-DILUTED> 0