<ARTICLE> 5 <MULTIPLIER> 1 <FISCAL-YEAR-END> Dec-31-1997 <PERIOD-START> Jan-01-1997 <PERIOD-END> Mar-31-1997 <PERIOD-TYPE> 3-MOS <CASH> 584,035 <SECURITIES> 0 <RECEIVABLES> 262,382 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 869,354 <PP&E> 9,552,336 <DEPRECIATION> 1,811,930 <TOTAL-ASSETS> 8,963,317 <CURRENT-LIABILITIES> 535,014 <BONDS> 4,537,345 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,389,985 <TOTAL-LIABILITY-AND-EQUITY> 8,963,317 <SALES> 467,413 <TOTAL-REVENUES> 471,700 <CGS> 0 <TOTAL-COSTS> 226,667 <OTHER-EXPENSES> 117,461 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 95,550 <INCOME-PRETAX> (5,922) <INCOME-TAX> 0 <INCOME-CONTINUING> (5,922) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,922) <EPS-PRIMARY> 0 <EPS-DILUTED> 0