<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> DEC-31-1995 <CASH> 522,835 <SECURITIES> 1,939,924 <RECEIVABLES> 57,544 <ALLOWANCES> 45,475 <INVENTORY> 0 <CURRENT-ASSETS> 1,065,575 <PP&E> 38,014,604 <DEPRECIATION> 10,725,975 <TOTAL-ASSETS> 30,294,128 <CURRENT-LIABILITIES> 2,368,361 <BONDS> 27,581,485 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 30,294,128 <SALES> 0 <TOTAL-REVENUES> 5,897,512 <CGS> 0 <TOTAL-COSTS> 3,021,061 <OTHER-EXPENSES> 1,388,895 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,429,217 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (51,295) <EPS-PRIMARY> (.95) <EPS-DILUTED> 0