<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 586,451 <SECURITIES> 0 <RECEIVABLES> 387,083 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,656,540 <PP&E> 38,131,168 <DEPRECIATION> 17,565,572 <TOTAL-ASSETS> 23,195,670 <CURRENT-LIABILITIES> 498,622 <BONDS> 14,538,423 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 8,158,625 <TOTAL-LIABILITY-AND-EQUITY> 23,195,670 <SALES> 0 <TOTAL-REVENUES> 1,149,432 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 344,817 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 355,715 <INCOME-PRETAX> 448,900 <INCOME-TAX> 0 <INCOME-CONTINUING> 448,900 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 448,900 <EPS-PRIMARY> 11.11 <EPS-DILUTED> 11.11