<ARTICLE> 5 <LEGEND> Unaudited. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <CASH> 180,633 <SECURITIES> 0 <RECEIVABLES> 159,172 <ALLOWANCES> 141,476 <INVENTORY> 0 <CURRENT-ASSETS> 459,943 <PP&E> 17,886,251 <DEPRECIATION> 5,637,590 <TOTAL-ASSETS> 12,891,694 <CURRENT-LIABILITIES> 648,110 <BONDS> 11,784,022 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 12,891,694 <SALES> 0 <TOTAL-REVENUES> 585,519 <CGS> 0 <TOTAL-COSTS> 236,139 <OTHER-EXPENSES> 151,346 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 279,024 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (80,990) <EPS-PRIMARY> (3.22) <EPS-DILUTED> 0