<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 3,863,528 <SECURITIES> 147,889 <RECEIVABLES> 1,222,884 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,234,301 <PP&E> 17,210,891 <DEPRECIATION> (8,771,376) <TOTAL-ASSETS> 13,673,816 <CURRENT-LIABILITIES> 525,684 <BONDS> 3,842,129 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 9,306,003 <TOTAL-LIABILITY-AND-EQUITY> 13,673,816 <SALES> 0 <TOTAL-REVENUES> 724,900 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 356,959 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 77,913 <INCOME-PRETAX> 290,028 <INCOME-TAX> 0 <INCOME-CONTINUING> 290,028 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 290,028 <EPS-PRIMARY> 0 <EPS-DILUTED> 0