<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 1,671,496 <SECURITIES> 0 <RECEIVABLES> 1,820,540 <ALLOWANCES> (572,392) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 61,616,461 <DEPRECIATION> (24,962,574) <TOTAL-ASSETS> 43,741,018 <CURRENT-LIABILITIES> 0 <BONDS> 21,344,065 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 43,741,018 <SALES> 2,305,260 <TOTAL-REVENUES> 2,335,148 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,067,714 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 431,508 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (164,074) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (164,074) <EPS-PRIMARY> 0 <EPS-DILUTED> 0