<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> SEP-30-1994 <CASH> 818,831 <SECURITIES> 0 <RECEIVABLES> 186,480 <ALLOWANCES> 28,018 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 30,926,303 <DEPRECIATION> (12,109,065) <TOTAL-ASSETS> 37,297,652 <CURRENT-LIABILITIES> 1,391,236 <BONDS> 21,813,520 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 14,092,896 <TOTAL-LIABILITY-AND-EQUITY> 37,297,652 <SALES> 0 <TOTAL-REVENUES> 9,657,618 <CGS> 0 <TOTAL-COSTS> 10,821,719 <OTHER-EXPENSES> 22,795 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 967,984 <INCOME-PRETAX> (2,154,880) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,154,880) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,154,880) <EPS-PRIMARY> (12.99) <EPS-DILUTED> (12.99)