<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 2,858,508 <SECURITIES> 0 <RECEIVABLES> 1,833,901 <ALLOWANCES> (582,765) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 60,054,775 <DEPRECIATION> (20,340,085) <TOTAL-ASSETS> 49,671,769 <CURRENT-LIABILITIES> 0 <BONDS> 21,999,256 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 49,671,769 <SALES> 4,383,643 <TOTAL-REVENUES> 4,503,882 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 4,196,040 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 903,072 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (595,230) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (595,230) <EPS-PRIMARY> 0 <EPS-DILUTED> 0