<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 1,386,587 <SECURITIES> 0 <RECEIVABLES> 45,743 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 48,472,064 <DEPRECIATION> (24,984,903) <TOTAL-ASSETS> 29,535,210 <CURRENT-LIABILITIES> 0 <BONDS> 22,836,126 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 29,535,210 <SALES> 3,940,516 <TOTAL-REVENUES> 3,966,820 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,284,095 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,038,467 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (355,742) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (355,742) <EPS-BASIC> 0 <EPS-DILUTED> 0