<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <CASH> 347,838 <SECURITIES> 0 <RECEIVABLES> 929,228 <ALLOWANCES> (93,985) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 118,709,833 <DEPRECIATION> (59,775,331) <TOTAL-ASSETS> 84,829,880 <CURRENT-LIABILITIES> 1,666,863 <BONDS> 78,960,237 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 4,202,780 <TOTAL-LIABILITY-AND-EQUITY> 84,829,880 <SALES> 0 <TOTAL-REVENUES> 10,518,379 <CGS> 0 <TOTAL-COSTS> 11,512,966 <OTHER-EXPENSES> 185,353 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,532,604 <INCOME-PRETAX> (2,712,544) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,712,544) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,712,544) <EPS-PRIMARY> (16.78) <EPS-DILUTED> (16.78)