<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 727,885 <SECURITIES> 0 <RECEIVABLES> 495,906 <ALLOWANCES> (74,628) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 93,060,892 <DEPRECIATION> (51,571,515) <TOTAL-ASSETS> 52,283,612 <CURRENT-LIABILITIES> 1,788,259 <BONDS> 84,097,996 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (33,602,643) <TOTAL-LIABILITY-AND-EQUITY> 52,283,612 <SALES> 0 <TOTAL-REVENUES> 40,515,010 <CGS> 0 <TOTAL-COSTS> 37,908,005 <OTHER-EXPENSES> 398,519 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,054,305 <INCOME-PRETAX> (3,845,819) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,845,819) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,845,819) <EPS-PRIMARY> (17.86) <EPS-DILUTED> (17.86)