<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 10,634,493 <SECURITIES> 0 <RECEIVABLES> 8,623,909 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 19,259,319 <PP&E> 79,650,950 <DEPRECIATION> 43,782,922 <TOTAL-ASSETS> 55,127,347 <CURRENT-LIABILITIES> 989,110 <BONDS> 19,084,751 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 35,053,486 <TOTAL-LIABILITY-AND-EQUITY> 55,127,347 <SALES> 27,695,097 <TOTAL-REVENUES> 20,870,544 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 19,009,257 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,775,651 <INCOME-PRETAX> 85,636 <INCOME-TAX> 0 <INCOME-CONTINUING> 85,636 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 85,636 <EPS-PRIMARY> 0 <EPS-DILUTED> 0