<ARTICLE> 5 <LEGEND> Unaudited. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 216,880 <SECURITIES> 0 <RECEIVABLES> 73,875 <ALLOWANCES> 54,400 <INVENTORY> 0 <CURRENT-ASSETS> 461,344 <PP&E> 18,137,768 <DEPRECIATION> 6,366,387 <TOTAL-ASSETS> 12,232,725 <CURRENT-LIABILITIES> 486,637 <BONDS> 12,017,413 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 12,232,725 <SALES> 0 <TOTAL-REVENUES> 1,122,278 <CGS> 0 <TOTAL-COSTS> 500,794 <OTHER-EXPENSES> 299,394 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 648,688 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (326,598) <EPS-PRIMARY> (13.00) <EPS-DILUTED> 0