<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> DEC-31-1995 <CASH> 3,927,223 <SECURITIES> 0 <RECEIVABLES> 4,406,929 <ALLOWANCES> 792,013 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 6,819,484 <DEPRECIATION> (1,093,107) <TOTAL-ASSETS> 14,345,949 <CURRENT-LIABILITIES> 0 <BONDS> 2,760,961 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 14,345,949 <SALES> 1,405,346 <TOTAL-REVENUES> 1,974,316 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,657,426 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 252,774 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 64,116 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 64,116 <EPS-PRIMARY> 0 <EPS-DILUTED> 0