<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> MAR-31-1995 <CASH> 235,000 <SECURITIES> 673,000 <RECEIVABLES> 78,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 986,000 <PP&E> 9,987,000 <DEPRECIATION> (4,369,000) <TOTAL-ASSETS> 6,604,000 <CURRENT-LIABILITIES> 363,000 <BONDS> 17,738,000 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (11,497,000) <TOTAL-LIABILITY-AND-EQUITY> 6,604,000 <SALES> 0 <TOTAL-REVENUES> 944,000 <CGS> 0 <TOTAL-COSTS> 375,000 <OTHER-EXPENSES> 34,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 388,000 <INCOME-PRETAX> 147,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 147,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 147,000 <EPS-PRIMARY> 7.25 <EPS-DILUTED> 0