<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 1,070,248 <SECURITIES> 0 <RECEIVABLES> 389,000 <ALLOWANCES> (76,445) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 81,172,517 <DEPRECIATION> (39,718,227) <TOTAL-ASSETS> 59,872,065 <CURRENT-LIABILITIES> 1,830,653 <BONDS> 84,172,542 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (26,131,130) <TOTAL-LIABILITY-AND-EQUITY> 59,872,065 <SALES> 0 <TOTAL-REVENUES> 9,603,561 <CGS> 0 <TOTAL-COSTS> 9,647,261 <OTHER-EXPENSES> (20,557) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,518,641 <INCOME-PRETAX> (1,541,784) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,541,784) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,541,784) <EPS-PRIMARY> (7.16) <EPS-DILUTED> (7.16)