<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 3,748,400 <SECURITIES> 985,400 <RECEIVABLES> 395,300 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,129,100 <PP&E> 48,838,600 <DEPRECIATION> 17,545,300 <TOTAL-ASSETS> 36,620,100 <CURRENT-LIABILITIES> 1,589,300 <BONDS> 33,314,200 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (505,300) <TOTAL-LIABILITY-AND-EQUITY> 36,620,100 <SALES> 0 <TOTAL-REVENUES> 2,520,600 <CGS> 0 <TOTAL-COSTS> 1,211,400 <OTHER-EXPENSES> 39,600 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 631,900 <INCOME-PRETAX> 269,900 <INCOME-TAX> 0 <INCOME-CONTINUING> 269,900 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 269,900 <EPS-PRIMARY> 0 <EPS-DILUTED> 0