<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <CASH> 3,517,012 <SECURITIES> 0 <RECEIVABLES> 15,367 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 51,238,157 <DEPRECIATION> (19,427,702) <TOTAL-ASSETS> 36,671,797 <CURRENT-LIABILITIES> 0 <BONDS> 25,249,137 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 51,238,157 <SALES> 3,831,618 <TOTAL-REVENUES> 3,968,221 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,721,637 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,165,465 <INCOME-PRETAX> 81,119 <INCOME-TAX> 0 <INCOME-CONTINUING> 81,119 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 81,119 <EPS-PRIMARY> 0 <EPS-DILUTED> 0