<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE SIX MONTHS ENDED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 6,055,650 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,055,650 <PP&E> 55,290,958 <DEPRECIATION> 11,691,609 <TOTAL-ASSETS> 55,832,493 <CURRENT-LIABILITIES> 1,462,605 <BONDS> 19,724,955 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 34,644,933 <TOTAL-LIABILITY-AND-EQUITY> 55,832,493 <SALES> 0 <TOTAL-REVENUES> 6,678,086 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,325,118 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 911,079 <INCOME-PRETAX> 2,379,852 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,379,852 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,379,852 <EPS-PRIMARY> 49.48 <EPS-DILUTED> 49.48