<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 706,907 <SECURITIES> 0 <RECEIVABLES> 722,919 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 28,835,350 <DEPRECIATION> 14,744,674 <TOTAL-ASSETS> 32,971,969 <CURRENT-LIABILITIES> 1,876,723 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (277,602) <TOTAL-LIABILITY-AND-EQUITY> 32,971,969 <SALES> 14,746,766 <TOTAL-REVENUES> 14,746,766 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 13,125,628 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,566,743 <INCOME-PRETAX> (1,369,601) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,369,601) <EPS-BASIC> 0 <EPS-DILUTED> 0