<ARTICLE> 5

<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
INCLUDED IN SUCH REPORT.
</LEGEND>

       
                    
<PERIOD-TYPE>          12-MOS
<FISCAL-YEAR-END>      DEC-31-1996
<PERIOD-END>           DEC-31-1996

<CASH>                         14,791,381 
<SECURITIES>                         0    
<RECEIVABLES>                     418,438 
<ALLOWANCES>                         0    
<INVENTORY>                          0    
<CURRENT-ASSETS>               15,209,819 
<PP&E>                         60,103,528 
<DEPRECIATION>                (16,031,335)
<TOTAL-ASSETS>                 64,519,186 
<CURRENT-LIABILITIES>           1,724,208 
<BONDS>                        41,079,673 
<COMMON>                             0    
<PREFERRED-MANDATORY>                0    
<PREFERRED>                          0    
<OTHER-SE>                      5,299,134 
<TOTAL-LIABILITY-AND-EQUITY>   64,519,186 
<SALES>                        11,005,766 
<TOTAL-REVENUES>               11,796,272 
<CGS>                                0    
<TOTAL-COSTS>                   7,298,426 
<OTHER-EXPENSES>                  578,440 
<LOSS-PROVISION>                     0    
<INTEREST-EXPENSE>              4,919,196 
<INCOME-PRETAX>                  (999,790)
<INCOME-TAX>                         0    
<INCOME-CONTINUING>            (5,739,697)
<DISCONTINUED>                  4,928,723 
<EXTRAORDINARY>                  (175,007)
<CHANGES>                            0    
<NET-INCOME>                     (985,981)
<EPS-PRIMARY>                       (5.72)
<EPS-DILUTED>                       (5.72)