<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 25892012 <SECURITIES> 0 <RECEIVABLES> 3019550 <ALLOWANCES> 1491255 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 128556536 <DEPRECIATION> 77705850 <TOTAL-ASSETS> 78297082 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 77636192 <TOTAL-LIABILITY-AND-EQUITY> 78297082 <SALES> 0 <TOTAL-REVENUES> 4413220 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2764165 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1649055 <INCOME-TAX> 0 <INCOME-CONTINUING> 1649055 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1649055 <EPS-PRIMARY> 2.32 <EPS-DILUTED> 0