<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <CASH> 56,896 <SECURITIES> 0 <RECEIVABLES> 339,699 <ALLOWANCES> (14,103) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 14,671,134 <DEPRECIATION> (3,539,570) <TOTAL-ASSETS> 23,630,682 <CURRENT-LIABILITIES> 1,052,997 <BONDS> 11,540,332 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 11,037,353 <TOTAL-LIABILITY-AND-EQUITY> 23,630,682 <SALES> 0 <TOTAL-REVENUES> 1,617,699 <CGS> 0 <TOTAL-COSTS> 2,080,490 <OTHER-EXPENSES> 266 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 199,493 <INCOME-PRETAX> (662,018) <INCOME-TAX> 0 <INCOME-CONTINUING> (662,018) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (662,018) <EPS-PRIMARY> (33.13) <EPS-DILUTED> (33.13)