<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <CASH> 570,885 <SECURITIES> 0 <RECEIVABLES> 364,783 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 650,253 <PP&E> 23,947,063 <DEPRECIATION> (1,450,768) <TOTAL-ASSETS> 24,952,947 <CURRENT-LIABILITIES> 1,341,293 <BONDS> 6,010,017 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 17,601,637 <TOTAL-LIABILITY-AND-EQUITY> 24,952,947 <SALES> 0 <TOTAL-REVENUES> 3,362,477 <CGS> 0 <TOTAL-COSTS> 3,518,208 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 787,302 <INCOME-PRETAX> (943,033) <INCOME-TAX> 0 <INCOME-CONTINUING> (943,033) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (943,033) <EPS-BASIC> (0.09) <EPS-DILUTED> (0.09)