<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> 3,228,640 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,228,640 <PP&E> 97,482,242 <DEPRECIATION> 17,921,644 <TOTAL-ASSETS> 86,777,523 <CURRENT-LIABILITIES> 916,892 <BONDS> 39,193,315 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 42,851,036 <TOTAL-LIABILITY-AND-EQUITY> 86,777,523 <SALES> 0 <TOTAL-REVENUES> 13,062,019 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 4,757,880 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,818,202 <INCOME-PRETAX> 5,303,751 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,303,751 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,303,751 <EPS-PRIMARY> 104.01 <EPS-DILUTED> 0