<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE QUARTER ENDED jUNE 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 5,809,251 <SECURITIES> 0 <RECEIVABLES> 58,394 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,867,645 <PP&E> 59,606,118 <DEPRECIATION> 10,521,682 <TOTAL-ASSETS> 55,995,688 <CURRENT-LIABILITIES> 987,504 <BONDS> 21,086,894 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 33,477,340 <TOTAL-LIABILITY-AND-EQUITY> 55,995,688 <SALES> 0 <TOTAL-REVENUES> 6,164,140 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,086,130 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 985,546 <INCOME-PRETAX> 2,101,410 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,101,410 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,101,410 <EPS-PRIMARY> 43.78 <EPS-DILUTED> 43.78