<ARTICLE> 5 <LEGEND> Unaudited. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 855,016 <SECURITIES> 2,028,091 <RECEIVABLES> 116,397 <ALLOWANCES> (86,125) <INVENTORY> 0 <CURRENT-ASSETS> 1,580,157 <PP&E> 38,384,764 <DEPRECIATION> 12,560,770 <TOTAL-ASSETS> 29,432,242 <CURRENT-LIABILITIES> 2,251,787 <BONDS> 27,458,624 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 29,432,242 <SALES> 0 <TOTAL-REVENUES> 3,018,065 <CGS> 0 <TOTAL-COSTS> 1,553,152 <OTHER-EXPENSES> 672,050 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,221,854 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (428,991) <EPS-PRIMARY> (7.91) <EPS-DILUTED> 0