<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> JUN-30-1995 <CASH> 3,531,386 <SECURITIES> 0 <RECEIVABLES> 3,037,797 <ALLOWANCES> (346,732) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 282,568,155 <DEPRECIATION> (145,806,604) <TOTAL-ASSETS> 165,169,727 <CURRENT-LIABILITIES> 9,384,754 <BONDS> 180,653,878 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (18,530,449) <TOTAL-LIABILITY-AND-EQUITY> 165,169,727 <SALES> 0 <TOTAL-REVENUES> 49,553,282 <CGS> 0 <TOTAL-COSTS> 47,980,262 <OTHER-EXPENSES> (79,449) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,915,623 <INCOME-PRETAX> (4,731,312) <INCOME-TAX> 0 <INCOME-CONTINUING> (4,731,312) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,731,312) <EPS-PRIMARY> (19.74) <EPS-DILUTED> (19.74)