<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> $ 1,707,922 <SECURITIES> 0 <RECEIVABLES> 564,647 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,490,944 <PP&E> 68,966,217 <DEPRECIATION> 17,286,889 <TOTAL-ASSETS> 57,627,745 <CURRENT-LIABILITIES> 2,483,295 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,037,458 <TOTAL-LIABILITY-AND-EQUITY> 57,627,745 <SALES> 12,863,526 <TOTAL-REVENUES> 13,001,441 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 8,756,709 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,489,481 <INCOME-PRETAX> 840,859 <INCOME-TAX> 0 <INCOME-CONTINUING> 840,859 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 840,859 <EPS-PRIMARY> 4.83 <EPS-DILUTED> 4.83