<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> 2,654,271 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,654,271 <PP&E> 33,249,945 <DEPRECIATION> 13,698,777 <TOTAL-ASSETS> 40,297,380 <CURRENT-LIABILITIES> 465,587 <BONDS> 8,074,656 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 31,757,137 <TOTAL-LIABILITY-AND-EQUITY> 40,297,380 <SALES> 0 <TOTAL-REVENUES> 2,701,665 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 479,409 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 289,839 <INCOME-PRETAX> 2,071,863 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,071,863 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,071,863 <EPS-PRIMARY> 22.77 <EPS-DILUTED> 22.77