<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 1,417,134 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 290,086 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 52,559,228 <DEPRECIATION> (21,952,370) <TOTAL-ASSETS> 33,543,843 <CURRENT-LIABILITIES> 0 <BONDS> 23,951,806 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 33,543,843 <SALES> 5,997,714 <TOTAL-REVENUES> 6,077,401 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 4,426,958 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,609,136 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 41,307 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 41,307 <EPS-PRIMARY> 0 <EPS-DILUTED> 0