<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 95,869 <SECURITIES> 0 <RECEIVABLES> 806,733 <ALLOWANCES> 20,000 <INVENTORY> 0 <CURRENT-ASSETS> 943,063 <PP&E> 6,354,775 <DEPRECIATION> 5,208,083 <TOTAL-ASSETS> 4,348,180 <CURRENT-LIABILITIES> 1,478,791 <BONDS> 7,123,884 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 73,782 <OTHER-SE> (5,767,474) <TOTAL-LIABILITY-AND-EQUITY> 4,348,180 <SALES> 0 <TOTAL-REVENUES> 1,030,277 <CGS> 0 <TOTAL-COSTS> 419,953 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 173,042 <INCOME-PRETAX> (191,751) <INCOME-TAX> 16,000 <INCOME-CONTINUING> (207,751) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (207,751) <EPS-PRIMARY> (.03) <EPS-DILUTED> 0