<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> 5517590 <SECURITIES> 0 <RECEIVABLES> 20647 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6594736 <PP&E> 59526319 <DEPRECIATION> 10234135 <TOTAL-ASSETS> 55886920 <CURRENT-LIABILITIES> 1415668 <BONDS> 21168003 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 33303249 <TOTAL-LIABILITY-AND-EQUITY> 55886920 <SALES> 0 <TOTAL-REVENUES> 3026823 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1218704 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 497727 <INCOME-PRETAX> 1058732 <INCOME-TAX> 0 <INCOME-CONTINUING> 1058732 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1058732 <EPS-PRIMARY> 22.10 <EPS-DILUTED> 22.10