<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <CASH> 3,788,308 <SECURITIES> 0 <RECEIVABLES> 887,931 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 53,605,333 <DEPRECIATION> 10,131,039 <TOTAL-ASSETS> 48,510,608 <CURRENT-LIABILITIES> 0 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 44,875,549 <TOTAL-LIABILITY-AND-EQUITY> 48,510,608 <SALES> 0 <TOTAL-REVENUES> 6,781,841 <CGS> 0 <TOTAL-COSTS> 3,181,539 <OTHER-EXPENSES> 3,755,336 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (77,617) <EPS-PRIMARY> $(.01) <EPS-DILUTED> 0