<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCES 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> 6,233,152 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,233,152 <PP&E> 59,730,653 <DEPRECIATION> 11,849,702 <TOTAL-ASSETS> 55,254,073 <CURRENT-LIABILITIES> 1,031,000 <BONDS> 19,652,997 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 34,151,532 <TOTAL-LIABILITY-AND-EQUITY> 55,254,073 <SALES> 0 <TOTAL-REVENUES> 9,590,732 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,160,174 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,381,387 <INCOME-PRETAX> 2,767,546 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,767,546 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,767,546 <EPS-PRIMARY> 57.54 <EPS-DILUTED> 0