<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 83,833 <SECURITIES> 131,150 <RECEIVABLES> 78,450 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 165,686 <PP&E> 8,508,930 <DEPRECIATION> 1,140,983 <TOTAL-ASSETS> 7,780,058 <CURRENT-LIABILITIES> 3,957,721 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 7,780,058 <SALES> 0 <TOTAL-REVENUES> 597,800 <CGS> 0 <TOTAL-COSTS> 335,090 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 207,300 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 62,106 <EPS-PRIMARY> 0 <EPS-DILUTED> 0