<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <CASH> 3,248,945 <SECURITIES> 0 <RECEIVABLES> 795,861 <ALLOWANCES> (87,289) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 79,381,446 <DEPRECIATION> (39,226,711) <TOTAL-ASSETS> 55,951,744 <CURRENT-LIABILITIES> 1,025,557 <BONDS> 38,683,849 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 16,242,338 <TOTAL-LIABILITY-AND-EQUITY> 55,951,744 <SALES> 0 <TOTAL-REVENUES> 6,991,658 <CGS> 0 <TOTAL-COSTS> 7,058,553 <OTHER-EXPENSES> (53,800) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 786,044 <INCOME-PRETAX> (1,127,382) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,127,382) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,127,382) <EPS-PRIMARY> (10.05) <EPS-DILUTED> (10.05)