<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 2,671,041 <SECURITIES> 0 <RECEIVABLES> 121,626 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,792,667 <PP&E> 27,995,535 <DEPRECIATION> 10,923,789 <TOTAL-ASSETS> 19,864,413 <CURRENT-LIABILITIES> 355,808 <BONDS> 8,864,307 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 10,644,298 <TOTAL-LIABILITY-AND-EQUITY> 19,864,413 <SALES> 0 <TOTAL-REVENUES> 3,988,822 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,048,877 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 890,289 <INCOME-PRETAX> 49,656 <INCOME-TAX> 0 <INCOME-CONTINUING> 49,656 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 49,656 <EPS-PRIMARY> 0 <EPS-DILUTED> 0