<ARTICLE> 5

<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S FORM 10-Q FOR THE SIX MONTHS ENDED JUNE 30, 1998 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-31-1998
<PERIOD-END>          JUN-30-1998

<CASH>                      17,627,030 
<SECURITIES>                      0    
<RECEIVABLES>                   71,135 
<ALLOWANCES>                      0    
<INVENTORY>                       0    
<CURRENT-ASSETS>            17,698,165 
<PP&E>                      43,168,068 
<DEPRECIATION>                    0    
<TOTAL-ASSETS>              68,021,656 
<CURRENT-LIABILITIES>        2,324,867 
<BONDS>                     40,372,655 
<COMMON>                          0    
<PREFERRED-MANDATORY>             0    
<PREFERRED>                       0    
<OTHER-SE>                  20,116,472 
<TOTAL-LIABILITY-AND-EQUITY>68,021,656 
<SALES>                      4,706,690 
<TOTAL-REVENUES>             5,499,347 
<CGS>                             0    
<TOTAL-COSTS>                1,774,345 
<OTHER-EXPENSES>               298,255 
<LOSS-PROVISION>                  0    
<INTEREST-EXPENSE>           2,457,083 
<INCOME-PRETAX>                969,664 
<INCOME-TAX>                      0    
<INCOME-CONTINUING>            987,106 
<DISCONTINUED>              10,037,662 
<EXTRAORDINARY>              5,235,541 
<CHANGES>                         0    
<NET-INCOME>                16,260,309 
<EPS-PRIMARY>                   114.49 
<EPS-DILUTED>                   114.49