<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 3,044,669 <SECURITIES> 0 <RECEIVABLES> 1,270,099 <ALLOWANCES> (730,668) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 52,040,487 <DEPRECIATION> (27,037,306) <TOTAL-ASSETS> 38,562,904 <CURRENT-LIABILITIES> 0 <BONDS> 7,155,626 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 29,789,239 <TOTAL-LIABILITY-AND-EQUITY> 38,562,904 <SALES> 9,282,309 <TOTAL-REVENUES> 9,435,923 <CGS> 4,856,474 <TOTAL-COSTS> 7,723,912 <OTHER-EXPENSES> 992,754 <LOSS-PROVISION> 3,130,000 <INTEREST-EXPENSE> 781,344 <INCOME-PRETAX> (3,192,087) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,192,087) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,192,087) <EPS-PRIMARY> 0 <EPS-DILUTED> 0