<ARTICLE> 5 <LEGEND> Unaudited. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 225,756 <SECURITIES> 0 <RECEIVABLES> 64,122 <ALLOWANCES> (54,900) <INVENTORY> 0 <CURRENT-ASSETS> 472,356 <PP&E> 18,248,318 <DEPRECIATION> 6,813,876 <TOTAL-ASSETS> 11,906,798 <CURRENT-LIABILITIES> 568,007 <BONDS> 11,918,925 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 11,906,798 <SALES> 0 <TOTAL-REVENUES> 556,335 <CGS> 0 <TOTAL-COSTS> 242,484 <OTHER-EXPENSES> 148,244 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 276,587 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (110,980) <EPS-PRIMARY> (4.42) <EPS-DILUTED> 0