<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> 336,598 <SECURITIES> 0 <RECEIVABLES> 374,435 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 794,090 <PP&E> 37,513,059 <DEPRECIATION> 5,476,592 <TOTAL-ASSETS> 32,830,557 <CURRENT-LIABILITIES> 1,349,785 <BONDS> 7,006,578 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 24,474,194 <TOTAL-LIABILITY-AND-EQUITY> 32,830,557 <SALES> 0 <TOTAL-REVENUES> 1,108,521 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 331,289 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 179,948 <INCOME-PRETAX> 597,284 <INCOME-TAX> 0 <INCOME-CONTINUING> 597,284 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 597,284 <EPS-PRIMARY> 10.77 <EPS-DILUTED> 10.77