<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> JUN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 4,091,246 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,091,246 <PP&E> 56,927,818 <DEPRECIATION> 14,347,833 <TOTAL-ASSETS> 50,131,920 <CURRENT-LIABILITIES> 1,100,187 <BONDS> 15,434,940 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 32,717,938 <TOTAL-LIABILITY-AND-EQUITY> 50,131,920 <SALES> 0 <TOTAL-REVENUES> 4,971,000 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,461,443 <LOSS-PROVISION> 1,350,000 <INTEREST-EXPENSE> 692,864 <INCOME-PRETAX> 466,693 <INCOME-TAX> 0 <INCOME-CONTINUING> 466,693 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 466,693 <EPS-PRIMARY> 3.87 <EPS-DILUTED> 3.87