<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 2,614,550 <SECURITIES> 50,874 <RECEIVABLES> 719,044 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,721,297 <PP&E> 66,552,392 <DEPRECIATION> 15,114,841 <TOTAL-ASSETS> 59,006,244 <CURRENT-LIABILITIES> 2,227,437 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 4,102,576 <TOTAL-LIABILITY-AND-EQUITY> 59,006,244 <SALES> 12,370,471 <TOTAL-REVENUES> 12,524,865 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 8,098,962 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,541,724 <INCOME-PRETAX> 1,026,183 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,026,183 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,026,183 <EPS-PRIMARY> 5.80 <EPS-DILUTED> 5.80