<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 345,480 <SECURITIES> 0 <RECEIVABLES> 108,117 <ALLOWANCES> (28,082) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 52,055,721 <DEPRECIATION> (27,366,242) <TOTAL-ASSETS> 43,319,887 <CURRENT-LIABILITIES> 1,743,740 <BONDS> 36,243,429 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 5,332,718 <TOTAL-LIABILITY-AND-EQUITY> 43,319,887 <SALES> 0 <TOTAL-REVENUES> 23,163,018 <CGS> 0 <TOTAL-COSTS> 28,509,251 <OTHER-EXPENSES> 80,500 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,501,029 <INCOME-PRETAX> (7,927,762) <INCOME-TAX> 0 <INCOME-CONTINUING> (7,927,762) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (7,927,762) <EPS-PRIMARY> (91.53) <EPS-DILUTED> (91.53)