<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 18,409,829 <SECURITIES> 0 <RECEIVABLES> 1,724,162 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 20,133,991 <PP&E> 112,538,396 <DEPRECIATION> 50,635,609 <TOTAL-ASSETS> 82,036,778 <CURRENT-LIABILITIES> 949,433 <BONDS> 39,928,173 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 41,159,172 <TOTAL-LIABILITY-AND-EQUITY> 82,036,778 <SALES> 0 <TOTAL-REVENUES> 17,455,773 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 14,683,857 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,894,703 <INCOME-PRETAX> 877,213 <INCOME-TAX> 0 <INCOME-CONTINUING> 877,213 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 877,213 <EPS-PRIMARY> 0 <EPS-DILUTED> 0