<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 22,923,967 <SECURITIES> 434,176 <RECEIVABLES> 1,246,998 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 24,528,082 <PP&E> 61,640,824 <DEPRECIATION> (22,674,903) <TOTAL-ASSETS> 71,090,942 <CURRENT-LIABILITIES> 15,834,276 <BONDS> 32,573,152 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 21,158,711 <TOTAL-LIABILITY-AND-EQUITY> 71,090,942 <SALES> 0 <TOTAL-REVENUES> 15,453,298 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 7,171,947 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,478,750 <INCOME-PRETAX> 5,802,601 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,802,601 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,802,601 <EPS-BASIC> 0 <EPS-DILUTED> 0