<ARTICLE> 5 <LEGEND> Unaudited. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 159,814 <SECURITIES> 0 <RECEIVABLES> 68,836 <ALLOWANCES> 45,100 <INVENTORY> 0 <CURRENT-ASSETS> 467,861 <PP&E> 18,088,276 <DEPRECIATION> 6,222,339 <TOTAL-ASSETS> 12,333,798 <CURRENT-LIABILITIES> 592,013 <BONDS> 11,831,424 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 12,333,798 <SALES> 0 <TOTAL-REVENUES> 562,300 <CGS> 0 <TOTAL-COSTS> 235,458 <OTHER-EXPENSES> 150,702 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 321,052 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (144,912) <EPS-PRIMARY> (5.77) <EPS-DILUTED> 0