<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 3,247,474 <SECURITIES> 50,214 <RECEIVABLES> 753,890 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,390,394 <PP&E> 65,670,028 <DEPRECIATION> 14,527,914 <TOTAL-ASSETS> 59,489,116 <CURRENT-LIABILITIES> 2,219,758 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 4,458,350 <TOTAL-LIABILITY-AND-EQUITY> 59,489,116 <SALES> 8,314,114 <TOTAL-REVENUES> 8,423,135 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,407,091 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,379,609 <INCOME-PRETAX> 736,314 <INCOME-TAX> 0 <INCOME-CONTINUING> 736,314 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 736,314 <EPS-PRIMARY> 4.16 <EPS-DILUTED> 4.16