<TABLE> <S> <C>

<PAGE>
 
<ARTICLE> 5
<LEGEND> 
This schedule contains summary financial information extracted from September
30, 1996 Form 10-Q and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
       
<S>                           <C>                        <C>              
<PERIOD-TYPE>                 3-MOS                      9-MOS                
<FISCAL-YEAR-END>                  DEC-31-1995             DEC-31-1995        
<PERIOD-START>                     JUL-01-1996             JAN-01-1996        
<PERIOD-END>                       SEP-30-1996             SEP-30-1996        
<CASH>                                          535,360                535,360 
<SECURITIES>                                    273,240                273,240 
<RECEIVABLES>                                 7,477,899              7,477,899 
<ALLOWANCES>                                  6,641,096              6,641,096 
<INVENTORY>                                           0                      0 
<CURRENT-ASSETS>                              1,645,403              1,645,403 
<PP&E>                                        5,852,062              5,852,062 
<DEPRECIATION>                                  732,432                732,432 
<TOTAL-ASSETS>                                6,765,033              6,765,033 
<CURRENT-LIABILITIES>                           156,097                156,097 
<BONDS>                                               0                      0 
<COMMON>                                              0                      0 
<PREFERRED-MANDATORY>                                 0                      0 
<PREFERRED>                                           0                      0 
<OTHER-SE>                                    6,608,936              6,608,936 
<TOTAL-LIABILITY-AND-EQUITY>                  6,765,033              6,765,033 
<SALES>                                         187,715                582,219
<TOTAL-REVENUES>                                220,290              1,388,816
<CGS>                                                 0                      0
<TOTAL-COSTS>                                         0                      0
<OTHER-EXPENSES>                                 80,945                869,164
<LOSS-PROVISION>                                      0                      0
<INTEREST-EXPENSE>                                    0                      0
<INCOME-PRETAX>                                 139,344                519,652
<INCOME-TAX>                                          0                      0
<INCOME-CONTINUING>                             139,344                519,652
<DISCONTINUED>                                        0                      0
<EXTRAORDINARY>                                       0                      0
<CHANGES>                                             0                      0
<NET-INCOME>                                    139,344                519,652
<EPS-PRIMARY>                                      8.07                  30.08
<EPS-DILUTED>                                      8.07                  30.08 
        
                                  



</TABLE>