<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 850820 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 850820 <PP&E> 37179518 <DEPRECIATION> 5844629 <TOTAL-ASSETS> 33929486 <CURRENT-LIABILITIES> 492225 <BONDS> 7570856 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 25866405 <TOTAL-LIABILITY-AND-EQUITY> 33929486 <SALES> 0 <TOTAL-REVENUES> 1226914 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 271312 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 141205 <INCOME-PRETAX> 812612 <INCOME-TAX> 0 <INCOME-CONTINUING> 812612 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 812612 <EPS-PRIMARY> 14.65 <EPS-DILUTED> 14.65