<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 1,179,409 <SECURITIES> 0 <RECEIVABLES> 143,208 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 47,771,923 <DEPRECIATION> (23,077,518) <TOTAL-ASSETS> 30,693,757 <CURRENT-LIABILITIES> 0 <BONDS> 23,270,735 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 30,693,757 <SALES> 3,985,101 <TOTAL-REVENUES> 4,028,805 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,982,620 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,058,638 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (12,453) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (12,453) <EPS-PRIMARY> 0 <EPS-DILUTED> 0