<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 1,476,227 <SECURITIES> 0 <RECEIVABLES> 428,526 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 29,563,726 <DEPRECIATION> 15,279,030 <TOTAL-ASSETS> 34,424,298 <CURRENT-LIABILITIES> 2,659,884 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (9,453,031) <TOTAL-LIABILITY-AND-EQUITY> 34,424,298 <SALES> 0 <TOTAL-REVENUES> 16,887,376 <CGS> 0 <TOTAL-COSTS> 14,992,737 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,607,539 <INCOME-PRETAX> (2,053,933) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,053,933) <EPS-PRIMARY> 0 <EPS-DILUTED> 0