<ARTICLE> 5

<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S FORM 10-Q FOR THE SIX MONTHS ENDED JUNE 30, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
INCLUDED IN SUCH REPORT.
</LEGEND>

       
                   
<PERIOD-TYPE>         6-MOS
<FISCAL-YEAR-END>     DEC-31-1996
<PERIOD-END>          JUN-30-1996

<CASH>                       13,615,873 
<SECURITIES>                          0 
<RECEIVABLES>                   505,570 
<ALLOWANCES>                          0 
<INVENTORY>                           0 
<CURRENT-ASSETS>             14,121,443 
<PP&E>                       60,103,528 
<DEPRECIATION>               15,027,609 
<TOTAL-ASSETS>               67,539,205 
<CURRENT-LIABILITIES>         1,498,091 
<BONDS>                      41,288,571 
<COMMON>                              0 
<PREFERRED-MANDATORY>                 0 
<PREFERRED>                           0 
<OTHER-SE>                    7,475,537 
<TOTAL-LIABILITY-AND-EQUITY> 67,539,205 
<SALES>                       5,257,273 
<TOTAL-REVENUES>              5,662,516 
<CGS>                                 0 
<TOTAL-COSTS>                 3,618,939 
<OTHER-EXPENSES>                383,875 
<LOSS-PROVISION>                      0 
<INTEREST-EXPENSE>            2,525,911 
<INCOME-PRETAX>                (866,209)
<INCOME-TAX>                          0 
<INCOME-CONTINUING>          (6,762,364)
<DISCONTINUED>                3,309,104 
<EXTRAORDINARY>                (130,479)
<CHANGES>                             0 
<NET-INCOME>                 (3,583,739)
<EPS-PRIMARY>                    (23.84)
<EPS-DILUTED>                    (23.84)