<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> JUN-30-1995 <CASH> 157,018 <SECURITIES> 0 <RECEIVABLES> 709,744 <ALLOWANCES> 121,931 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 71,057,882 <DEPRECIATION> (29,430,012) <TOTAL-ASSETS> 84,258,021 <CURRENT-LIABILITIES> 6,802,084 <BONDS> 77,249,248 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 206,689 <TOTAL-LIABILITY-AND-EQUITY> 84,258,021 <SALES> 0 <TOTAL-REVENUES> 16,766,408 <CGS> 0 <TOTAL-COSTS> 22,947,901 <OTHER-EXPENSES> 101,518 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,372,878 <INCOME-PRETAX> (9,655,889) <INCOME-TAX> 0 <INCOME-CONTINUING> (9,655,889) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (9,655,889) <EPS-PRIMARY> (44.84) <EPS-DILUTED> (44.84)