<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 4,507,261 <SECURITIES> 0 <RECEIVABLES> 538,877 <ALLOWANCES> (156,144) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 94,876,548 <DEPRECIATION> (52,551,453) <TOTAL-ASSETS> 60,912,118 <CURRENT-LIABILITIES> 1,654,667 <BONDS> 32,802,350 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 26,455,101 <TOTAL-LIABILITY-AND-EQUITY> 60,912,118 <SALES> 0 <TOTAL-REVENUES> 7,770,411 <CGS> 0 <TOTAL-COSTS> 8,263,453 <OTHER-EXPENSES> (61,718,304) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 617,003 <INCOME-PRETAX> 60,447,127 <INCOME-TAX> 0 <INCOME-CONTINUING> 60,447,127 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 60,447,127 <EPS-PRIMARY> 373.10 <EPS-DILUTED> 373.10