<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY 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> 796,116 <SECURITIES> 0 <RECEIVABLES> 461,304 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,257,420 <PP&E> 37,769,119 <DEPRECIATION> 18,515,459 <TOTAL-ASSETS> 21,917,587 <CURRENT-LIABILITIES> 416,597 <BONDS> 12,992,248 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 8,508,742 <TOTAL-LIABILITY-AND-EQUITY> 21,917,587 <SALES> 0 <TOTAL-REVENUES> 1,134,435 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 348,423 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 248,072 <INCOME-PRETAX> 520,750 <INCOME-TAX> 0 <INCOME-CONTINUING> 520,750 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 520,750 <EPS-PRIMARY> 12.89 <EPS-DILUTED> 12.89