<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <CASH> 605,285 <SECURITIES> 0 <RECEIVABLES> 605,775 <ALLOWANCES> (64,371) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 61,021,794 <DEPRECIATION> (26,303,233) <TOTAL-ASSETS> 47,435,595 <CURRENT-LIABILITIES> 1,942,727 <BONDS> 24,520,415 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 20,972,453 <TOTAL-LIABILITY-AND-EQUITY> 47,435,595 <SALES> 0 <TOTAL-REVENUES> 7,239,990 <CGS> 0 <TOTAL-COSTS> 6,555,482 <OTHER-EXPENSES> (1,715) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 464,796 <INCOME-PRETAX> 221,427 <INCOME-TAX> 0 <INCOME-CONTINUING> 221,427 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 221,427 <EPS-PRIMARY> .03 <EPS-DILUTED> .03