<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JUL-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <CASH> 1,156,000 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,575,000 <PP&E> 36,136,000 <DEPRECIATION> 4,264,000 <TOTAL-ASSETS> 33,447,000 <CURRENT-LIABILITIES> 946,000 <BONDS> 24,991,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 7,510,000 <TOTAL-LIABILITY-AND-EQUITY> 33,447,000 <SALES> 0 <TOTAL-REVENUES> 1,613,000 <CGS> 0 <TOTAL-COSTS> 1,698,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 472,000 <INCOME-PRETAX> (85,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (85,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (85,000) <EPS-PRIMARY> 0 <EPS-DILUTED> 0