<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 1,047,074 <SECURITIES> 0 <RECEIVABLES> 337,452 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 52,797,247 <DEPRECIATION> (23,433,319) <TOTAL-ASSETS> 32,300,472 <CURRENT-LIABILITIES> 0 <BONDS> 23,670,204 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 32,300,472 <SALES> 3,937,483 <TOTAL-REVENUES> 3,967,059 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,986,189 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,069,472 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (88,602) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (88,602) <EPS-PRIMARY> 0 <EPS-DILUTED> 0