<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10Q FOR THE QUARTER ENDED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 4,296,504 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,296,504 <PP&E> 54,409,134 <DEPRECIATION> 12,067,837 <TOTAL-ASSETS> 49,809,121 <CURRENT-LIABILITIES> 1,369,264 <BONDS> 14,049,940 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 32,371,329 <TOTAL-LIABILITY-AND-EQUITY> 49,809,121 <SALES> 0 <TOTAL-REVENUES> 7,523,936 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,979,087 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,070,417 <INCOME-PRETAX> 1,124,432 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,124,432 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,124,432 <EPS-PRIMARY> 9.33 <EPS-DILUTED> 0