<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <CASH> 309,848 <SECURITIES> 0 <RECEIVABLES> 459,412 <ALLOWANCES> (37,534) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 57,707,174 <DEPRECIATION> (24,802,632) <TOTAL-ASSETS> 54,545,774 <CURRENT-LIABILITIES> 1,991,397 <BONDS> 42,383,339 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 6,084,575 <TOTAL-LIABILITY-AND-EQUITY> 54,545,774 <SALES> 0 <TOTAL-REVENUES> 21,121,787 <CGS> 0 <TOTAL-COSTS> 23,364,788 <OTHER-EXPENSES> (2,051,528) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,761,409 <INCOME-PRETAX> (2,952,882) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,952,882) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,952,882) <EPS-PRIMARY> (34.37) <EPS-DILUTED> (34.37)