<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 772,666 <SECURITIES> 0 <RECEIVABLES> 918,667 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 28,756,250 <DEPRECIATION> 14,723,686 <TOTAL-ASSETS> 33,984,988 <CURRENT-LIABILITIES> 33,610,005 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 374,983 <TOTAL-LIABILITY-AND-EQUITY> 33,984,988 <SALES> 11,030,316 <TOTAL-REVENUES> 11,030,316 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 9,729,808 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,937,455 <INCOME-PRETAX> (717,017) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (717,017) <EPS-PRIMARY> 0 <EPS-DILUTED> 0