<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 841,638 <SECURITIES> 0 <RECEIVABLES> 2,305,451 <ALLOWANCES> (96,468) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 97,252,142 <DEPRECIATION> (47,866,716) <TOTAL-ASSETS> 108,074,565 <CURRENT-LIABILITIES> 3,085,791 <BONDS> 58,213,701 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 46,775,073 <TOTAL-LIABILITY-AND-EQUITY> 108,074,565 <SALES> 0 <TOTAL-REVENUES> 27,941,427 <CGS> 0 <TOTAL-COSTS> 28,494,153 <OTHER-EXPENSES> 55,251 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,078,436 <INCOME-PRETAX> (3,117,941) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,117,941) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,117,941) <EPS-PRIMARY> (11.81) <EPS-DILUTED> (11.81)