<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 9,046,000 <SECURITIES> 0 <RECEIVABLES> 1,871,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 11,099,000 <PP&E> 88,726,000 <DEPRECIATION> 30,392,000 <TOTAL-ASSETS> 70,034,000 <CURRENT-LIABILITIES> 2,951,000 <BONDS> 42,624,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 24,159,000 <TOTAL-LIABILITY-AND-EQUITY> 69,734,000 <SALES> 0 <TOTAL-REVENUES> 11,483,000 <CGS> 0 <TOTAL-COSTS> 7,687,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,179,000 <INCOME-PRETAX> (174,000) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (174,000) <EPS-PRIMARY> (3.00) <EPS-DILUTED> 0.00