<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 3,337,820 <SECURITIES> 0 <RECEIVABLES> 592,297 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,930,534 <PP&E> 25,447,873 <DEPRECIATION> 13,171,894 <TOTAL-ASSETS> 16,206,513 <CURRENT-LIABILITIES> 438,843 <BONDS> 3,915,823 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 11,851,847 <TOTAL-LIABILITY-AND-EQUITY> 16,206,513 <SALES> 1,348,618 <TOTAL-REVENUES> 1,390,978 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,119,324 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 45,110 <INCOME-PRETAX> 226,544 <INCOME-TAX> 0 <INCOME-CONTINUING> 226,544 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 226,544 <EPS-PRIMARY> 0 <EPS-DILUTED> 0