<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> 3,902,310 <SECURITIES> 0 <RECEIVABLES> 1,166,353 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,685,313 <PP&E> 97,623,021 <DEPRECIATION> 15,320,820 <TOTAL-ASSETS> 90,056,177 <CURRENT-LIABILITIES> 1,257,459 <BONDS> 44,754,388 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 40,315,835 <TOTAL-LIABILITY-AND-EQUITY> 90,056,177 <SALES> 0 <TOTAL-REVENUES> 3,934,472 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,508,773 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,039,515 <INCOME-PRETAX> 1,417,640 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,417,640 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,417,640 <EPS-PRIMARY> 27.80 <EPS-DILUTED> 27.80