The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M COMPANY COMMON STOCK 88579Y101 354 2,471 SH   SOLE 0 247 0 2,224
A T & T INC NEW COMMON STOCK 00206R102 1,535 43,416 SH   SOLE 0 4,342 0 39,075
ABBVIE INC COMMON STOCK 00287Y109 311 5,508 SH   SOLE 0 551 0 4,957
AEGON NV 6.375% PFD PREFERRED STOCK 007924301 3,317 129,774 SH   SOLE 0 12,977 0 116,797
AETNA US HEALTHCARE INC COM COMMON STOCK 00817Y108 5,467 67,425 SH   SOLE 0 6,743 0 60,683
ALCOA INC COMMON STOCK 013817101 429 28,815 SH   SOLE 0 2,882 0 25,934
ALEXION PHARMACEUTICAL COMMON STOCK 015351109 1,294 8,283 SH   SOLE 0 828 0 7,454
ALLIANCE DATA SYS CORP COM COMMON STOCK 018581108 1,740 6,188 SH   SOLE 0 619 0 5,569
ALLIANCE RESOURCE PARTNERS L P UNIT COMMON STOCK 01877R108 373 8,000 SH   SOLE 0 800 0 7,200
ALLSTATE 6.75% SER C PERP PREFERRED STOCK 020002606 204 7,700 SH   SOLE 0 770 0 6,930
ALLSTATE CORP 6.625% PFD SER E PREFERRED STOCK 020002879 1,298 50,025 SH   SOLE 0 5,003 0 45,023
ALTRIA GROUP INC COMMON STOCK 02209S103 1,482 35,331 SH   SOLE 0 3,533 0 31,798
AMERICAN EXPRESS COMPANY COMMON STOCK 025816109 482 5,081 SH   SOLE 0 508 0 4,572
AMERICAN INTL GROUP COM COMMON STOCK 026874784 22,415 410,688 SH   SOLE 0 41,069 0 369,619
APPLE INC COMMON STOCK 037833100 36,957 397,683 SH   SOLE 0 39,768 0 357,914
ARCHER DANIELS- MIDLAND CO COMMON STOCK 039483102 14,271 323,538 SH   SOLE 0 32,354 0 291,184
AXIS CAPITAL HLDGS LTD PFD 6.875% S PREFERRED STOCK BMG0692U3 1,771 67,665 SH   SOLE 0 6,767 0 60,899
BAC CAP TR VIII 6.00%35 TR PFD PREFERRED STOCK 05518T209 1,311 51,600 SH   SOLE 0 5,160 0 46,440
BANK OF AMERICA CORP COMMON STOCK 060505104 615 39,990 SH   SOLE 0 3,999 0 35,991
Barclays Short Term High Yield Bond ETF 78468R408 1,123 36,271 SH   SOLE 0 3,627 0 32,644
BB&T CORPORATION PFD 5.625% SER E PREFERRED STOCK 054937404 1,569 66,070 SH   SOLE 0 6,607 0 59,463
BERKSHIRE HATHAWAY CL A COMMON STOCK 084670108 1,044 6 SH   SOLE 0 1 0 5
BERKSHIRE HATHAWAY CL B COMMON STOCK 084670702 9,494 75,013 SH   SOLE 0 7,501 0 67,512
BIOGEN IDEC INC COMMON STOCK 09062X103 71,835 227,825 SH   SOLE 0 73,645 0 118,225
BOSTON BEER CO INC CL A CLASS A COMMON STOCK 100557107 9,335 41,765 SH   SOLE 0 11,709 0 23,711
BP PLC Sponsored ADR AMERICAN DEPOSITORY 055622104 1,000 18,954 SH   SOLE 0 1,895 0 17,059
BRISTOL-MYERS SQUIBB CO COMMON STOCK 110122108 3,373 69,532 SH   SOLE 0 6,953 0 62,579
C I T GROUP INC NEW COMMON STOCK 125581801 31,002 677,496 SH   SOLE 0 242,796 0 313,521
CABOT OIL & GAS CORP COM COMMON STOCK 127097103 6,786 198,782 SH   SOLE 0 19,878 0 178,904
CAPITAL ONE FINANCIAL CO PFD 6.00% PREFERRED STOCK 14040H402 703 29,110 SH   SOLE 0 2,911 0 26,199
CATERPILLAR INC COMMON STOCK 149123101 296 2,726 SH   SOLE 0 273 0 2,453
CELGENE CORP COMMON STOCK 151020104 47,944 558,266 SH   SOLE 0 203,958 0 250,651
CENTERPOINT ENERGY INC COM COMMON STOCK 15189T107 1,170 45,825 SH   SOLE 0 4,583 0 41,243
CHART INDUSTRIES INC COMMON STOCK 16115Q308 1,368 16,540 SH   SOLE 0 1,654 0 14,886
CHENIERE ENERGY INC COMMON STOCK 16411R208 3,252 45,350 SH   SOLE 0 4,535 0 40,815
CHEVRON CORPORATION COMMON STOCK 166764100 608 4,658 SH   SOLE 0 466 0 4,192
CHICAGO BRIDGE & IRON F N Y REGISTR AMERICAN DEPOSITORY 167250109 21,732 318,657 SH   SOLE 0 109,891 0 155,061
CHURCH & DWIGHT CO INC COMMON STOCK 171340102 729 10,417 SH   SOLE 0 1,042 0 9,375
CITIGROUP CAPITAL XIII PFD 7.875% PREFERRED STOCK 173080201 385 13,885 SH   SOLE 0 1,389 0 12,497
CITIGROUP INC COMMON STOCK 172967424 323 6,851 SH   SOLE 0 685 0 6,166
CME GROUP INC CL A CLASS A COMMON STOCK 12572Q105 32,325 455,599 SH   SOLE 0 158,391 0 217,399
COGNEX CORPORATION COMMON STOCK 192422103 307 8,000 SH   SOLE 0 800 0 7,200
COGNIZANT TECH SOL CL A COMMON STOCK 192446102 47,639 974,015 SH   SOLE 0 343,638 0 460,809
COMCAST CORP PFD 5.0% 12/15/61 SERI PREFERRED STOCK 20030N606 1,046 41,525 SH   SOLE 0 4,153 0 37,373
COMMONWEALTH REIT COMMON STOCK 203233101 15,241 579,049 SH   SOLE 0 211,312 0 261,287
COMMONWEALTH REIT PFD 5.75% PREFERRED STOCK 203233705 610 27,475 SH   SOLE 0 2,748 0 24,728
CONAGRA FOODS INC COMMON STOCK 205887102 2,256 76,000 SH   SOLE 0 7,600 0 68,400
CONOCOPHILLIPS COMMON STOCK 20825C104 509 5,939 SH   SOLE 0 594 0 5,345
COSTCO WHSL CORP COMMON STOCK 22160K105 595 5,169 SH   SOLE 0 517 0 4,652
CROWN CASTLE INTL 4.5% PFD SERIES A PREFERRED STOCK 228227500 443 4,350 SH   SOLE 0 435 0 3,915
CVS CAREMARK CORP COMMON STOCK 126650100 47,094 624,834 SH   SOLE 0 209,449 0 310,306
DANAHER CORP DEL COM COMMON STOCK 235851102 570 7,236 SH   SOLE 0 724 0 6,512
DAVITA HEALTHCARE COMMON STOCK 23918K108 2,158 29,843 SH   SOLE 0 2,984 0 26,859
DB CAP TRST II 6.55% PREFERRED STOCK 25153X208 201 7,700 SH   SOLE 0 770 0 6,930
DEUTSCHE BANK 6.625% PFD CAPITAL FN PREFERRED STOCK 25153Y206 4,007 157,070 SH   SOLE 0 15,707 0 141,363
DILLARDS CAP TR I 7.5%38 CAP SECS D PREFERRED STOCK 25406P200 480 18,460 SH   SOLE 0 1,846 0 16,614
DISCOVER FIN SVS 6.50% SER B PREFERRED STOCK 254709207 3,152 125,471 SH   SOLE 0 0 0 125,471
DISCOVER FINANCIAL SVCS COMMON STOCK 254709108 84,012 1,355,464 SH   SOLE 0 435,004 0 711,342
DISNEY WALT CO COMMON STOCK 254687106 216 2,518 SH   SOLE 0 252 0 2,266
DOMINO'S PIZZA INC COMMON STOCK 25754A201 469 6,420 SH   SOLE 0 642 0 5,778
DOW CHEMICAL COMPANY COMMON STOCK 260543103 2,491 48,400 SH   SOLE 0 4,840 0 43,560
DUKE ENERGY CORP NEW COMMON STOCK 26441C204 1,828 24,637 SH   SOLE 0 2,464 0 22,173
E O G RESOURCES INC COMMON STOCK 26875P101 62,102 531,419 SH   SOLE 0 169,130 0 281,988
EATON CORPORATION COMMON STOCK G29183103 63,377 821,154 SH   SOLE 0 265,521 0 426,971
EL PASO PIPELINE PARTNERS LP COMMON STOCK 283702108 417 11,500 SH   SOLE 0 1,150 0 10,350
ELI LILLY & CO COMMON STOCK 532457108 2,733 43,955 SH   SOLE 0 4,396 0 39,560
EMERSON ELECTRIC CO COMMON STOCK 291011104 210 3,160 SH   SOLE 0 316 0 2,844
ENBRIDGE ENERGY PRTNRS LP COMMON STOCK 29250R106 637 17,240 SH   SOLE 0 1,724 0 15,516
ENERGY XXI LTD COMMON STOCK G10082140 476 20,150 SH   SOLE 0 2,015 0 18,135
ENTERGY CORP NEW COM COMMON STOCK 29364G103 1,935 23,573 SH   SOLE 0 2,357 0 21,216
ENTERGY MISSISSIPPI 2051 1ST MTG BN PREFERRED STOCK 29364N835 1,185 46,600 SH   SOLE 0 0 0 46,600
ENTERPRISE PRD PRTNRS LP COMMON STOCK 293792107 10,610 135,517 SH   SOLE 0 13,552 0 121,966
EXXON MOBIL CORPORATION COMMON STOCK 30231G102 1,771 17,587 SH   SOLE 0 1,759 0 15,828
FACEBOOK INC COMMON STOCK 30303M102 50,602 752,006 SH   SOLE 0 246,938 0 388,359
FANUC LTD UNSPON ADR AMERICAN DEPOSITORY 307305102 27,003 937,729 SH   SOLE 0 332,986 0 435,163
FARMER MAC PFD 5.875% SERIES PREFERRED STOCK 313148801 249 10,580 SH   SOLE 0 0 0 10,580
FIRST REPUBLIC BANK PFD 6.7% SERIES PREFERRED STOCK 33616C209 203 7,730 SH   SOLE 0 773 0 6,957
FLOWSERVE CORPORATION COMMON STOCK 34354P105 31,033 417,386 SH   SOLE 0 148,994 0 189,605
FREEPORT MCMORAN COPPER A' COMMON STOCK 35671D857 700 19,166 SH   SOLE 0 1,917 0 17,249
GALLAGHER ARTHUR J & CO COMMON STOCK 363576109 1,351 29,000 SH   SOLE 0 2,900 0 26,100
GENERAL ELECTRIC COMPANY COMMON STOCK 369604103 10,682 406,450 SH   SOLE 0 40,645 0 365,805
GENWORTH FINL INC COM CL A COMMON STOCK 37247D106 15,762 905,874 SH   SOLE 0 329,547 0 409,740
GETTY REALTY CORP NEW COMMON STOCK 374297109 791 41,450 SH   SOLE 0 4,145 0 37,305
GILEAD SCIENCES INC. COMMON STOCK 375558103 8,543 103,040 SH   SOLE 0 10,304 0 92,736
GLOBAL PARTNERS LP COM UNITS COMMON STOCK 37946r109 699 17,200 SH   SOLE 0 1,720 0 15,480
GOLDMAN SACHS 6.125%60 SENIOR NT DU PREFERRED STOCK 38145X111 3,123 120,385 SH   SOLE 0 12,039 0 108,347
GOLDMAN SACHS GROUP PERPETUAL 5.95% PREFERRED STOCK 38145G209 202 8,200 SH   SOLE 0 820 0 7,380
GOOGLE INC - CLASS A COMMON STOCK 38259P508 7,479 12,791 SH   SOLE 0 1,279 0 11,512
GOOGLE INC - CLASS C COMMON STOCK 38259P706 5,772 10,033 SH   SOLE 0 1,003 0 9,030
GULFPORT ENERGY COMMON STOCK 402635304 951 15,150 SH   SOLE 0 1,515 0 13,635
HARTE-HANKS INC COM COMMON STOCK 416196103 231 32,168 SH   SOLE 0 3,217 0 28,951
HAWAIIAN ELEC INDS COM COMMON STOCK 419870100 615 24,291 SH   SOLE 0 2,429 0 21,862
HCA INC COMMON STOCK 404119109 285 5,050 SH   SOLE 0 505 0 4,545
HERTZ GLOBAL HOLDINGS INC COMMON STOCK 42805T105 17,134 611,274 SH   SOLE 0 215,667 0 288,351
HESS CORP COMMON STOCK 42809H107 59,583 602,515 SH   SOLE 0 202,194 0 300,963
HOLLY ENERGY PARTNERS COMMON STOCK 435763107 1,092 31,762 SH   SOLE 0 3,176 0 28,586
HOME DEPOT INC COMMON STOCK 437076102 42,672 527,073 SH   SOLE 0 158,226 0 295,649
HONEYWELL INTERNATIONAL COMMON STOCK 438516106 242 2,606 SH   SOLE 0 261 0 2,346
HSBC HLDGS PLC 8% PFD E PERPETUAL S PREFERRED STOCK 404280802 2,311 85,363 SH   SOLE 0 8,536 0 76,827
HSBC HOLDINGS 6.20% PREFERRED STOCK 404280604 258 10,165 SH   SOLE 0 1,017 0 9,149
HSBC USA INC SERIES G ADJ RATE PREFERRED STOCK 40428H888 934 39,985 SH   SOLE 0 3,999 0 35,987
HUGOTON ROYALTY TRUST TEXAS UNIT BE COMMON STOCK 444717102 580 52,800 SH   SOLE 0 5,280 0 47,520
INTEL CORP CONVERTIBLE BONDS 458140AD2 932 750,000 SH   SOLE 0 75,000 0 675,000
INTERNATIONAL PAPER CO COMMON STOCK 460146103 602 11,925 SH   SOLE 0 1,193 0 10,733
INTL BUSINESS MACHINES COMMON STOCK 459200101 2,050 11,308 SH   SOLE 0 1,131 0 10,178
JOHNSON & JOHNSON COMMON STOCK 478160104 5,103 48,777 SH   SOLE 0 4,878 0 43,899
JP MORGAN ALERIAN MLP INDEX ETF 46625H365 241 4,601 SH   SOLE 0 460 0 4,141
JP MORGAN CHASE 6.70%40 GTD CAP SEC PREFERRED STOCK 48125E207 2,625 100,960 SH   SOLE 0 10,096 0 90,864
JP MORGAN CHASE SER T 6.7% PREFERRED STOCK 48127A161 569 22,000 SH   SOLE 0 2,200 0 19,800
JPMORGAN CHASE & CO COMMON STOCK 46625H100 3,071 53,293 SH   SOLE 0 5,329 0 47,964
KANSAS CITY SOUTHERN NEW COMMON STOCK 485170302 39,938 371,482 SH   SOLE 0 132,157 0 172,440
KEYCORP COMMON STOCK 493267108 232 16,216 SH   SOLE 0 1,622 0 14,594
KIMCO REALTY CORP 6.00% PFD SERIES PREFERRED STOCK 49446R794 4,280 172,930 SH   SOLE 0 17,293 0 155,637
KINDER MORGAN ENERGY LP UNIT COMMON STOCK 494550106 1,329 16,166 SH   SOLE 0 1,617 0 14,549
KINDER MORGAN INC COMMON STOCK 49456B101 2,821 77,794 SH   SOLE 0 7,779 0 70,015
KINDER MORGAN MGMT LLC COMMON STOCK 49455U100 34,360 435,325 SH   SOLE 0 154,194 0 204,447
KKR FINANCIAL HOLDINGS 7.50% PFD PREFERRED STOCK 48248A504 523 19,000 SH   SOLE 0 1,900 0 17,100
KRAFT FOODS GROUP INC COMMON STOCK 50076Q106 1,926 32,127 SH   SOLE 0 3,213 0 28,914
LOCKHEED MARTIN CORP COMMON STOCK 539830109 2,814 17,506 SH   SOLE 0 1,751 0 15,755
LORILLARD INC COMMON STOCK 544147101 2,797 45,878 SH   SOLE 0 4,588 0 41,290
LYONDELLBASELL INDS F CLASS A COMMON STOCK N53745100 81,968 839,407 SH   SOLE 0 265,842 0 446,836
M D U RESOURCES GROUP COMMON STOCK 552690109 463 13,191 SH   SOLE 0 1,319 0 11,872
M S CAP TRUST VI 6.60%46 CAP SECS D PREFERRED STOCK 617461207 228 8,900 SH   SOLE 0 890 0 8,010
MACY'S INC COMMON STOCK 55616P104 278 4,790 SH   SOLE 0 479 0 4,311
MARKET VECTORS HI YLD MUNI ETF 57060U878 969 32,132 SH   SOLE 0 3,213 0 28,919
MARSH & MC LENNAN CO INC COMMON STOCK 571748102 1,130 21,812 SH   SOLE 0 2,181 0 19,631
MASTERCARD INC COMMON STOCK 57636Q104 8,200 111,616 SH   SOLE 0 11,162 0 100,454
MC DONALDS CORP COMMON STOCK 580135101 9,240 91,725 SH   SOLE 0 9,172 0 82,552
MEAD JOHNSON NUTRITION COMMON STOCK 582839106 213 2,286 SH   SOLE 0 229 0 2,058
MERCK & CO INC NEW COMMON STOCK 58933Y105 39,950 690,573 SH   SOLE 0 214,486 0 374,870
METLIFE 6.50% SER B PREFERRED STOCK 59156R603 2,277 89,150 SH   SOLE 0 8,915 0 80,235
MICROCHIP TECHNOLOGY INC COMMON STOCK 595017104 61,525 1,260,503 SH   SOLE 0 409,760 0 653,476
MICROSOFT CORP COMMON STOCK 594918104 42,767 1,025,589 SH   SOLE 0 359,921 0 486,472
MONDELEZ INTERNMATIONAL INC COMMON STOCK 609207105 3,024 80,400 SH   SOLE 0 8,040 0 72,360
MONSANTO CO NEW COMMON STOCK 61166W101 344 2,760 SH   SOLE 0 276 0 2,484
MORGAN STANLEY COMMON STOCK 617446448 67,656 2,092,661 SH   SOLE 0 685,173 0 1,069,614
MORGAN STANLEY CAP 5.75% PREFERRED STOCK 617466206 339 13,550 SH   SOLE 0 1,355 0 12,195
NATURAL RESOURCE PTNR LP COMMON STOCK 63900P103 1,202 72,554 SH   SOLE 0 7,255 0 65,298
Nestle S A Spnsd ADR Repsting Reg S AMERICAN DEPOSITORY 641069406 6,309 81,224 SH   SOLE 0 8,122 0 73,102
NEW YORK COMMUNITY BANCORP INC COMMON STOCK 649445103 179 11,200 SH   SOLE 0 1,120 0 10,080
NEXTERA ENERGY CAPITAL 5.625% PFD PREFERRED STOCK 65339K704 1,157 48,309 SH   SOLE 0 4,831 0 43,478
NEXTERA ENERGY CAPITAL 5.7% PREFERRED STOCK 65339K605 3,827 158,061 SH   SOLE 0 15,806 0 142,255
NEXTERA ENERGY INC COMMON STOCK 65339F101 43,392 423,415 SH   SOLE 0 125,013 0 239,758
NOVO-NORDISK A-S ADR AMERICAN DEPOSITORY 670100205 14,109 305,450 SH   SOLE 0 30,545 0 274,905
NUSTAR ENERGY LP COMMON STOCK 67058H102 428 6,900 SH   SOLE 0 690 0 6,210
NXP SEMICONDUCTORS NV COMMON STOCK n6596x109 35,076 530,013 SH   SOLE 0 188,550 0 248,137
OLD DOMINION FREIGHT LNS COMMON STOCK 679580100 2,732 42,897 SH   SOLE 0 4,290 0 38,607
OLIN CORP NEW COMMON STOCK 680665205 1,178 43,750 SH   SOLE 0 4,375 0 39,375
OMNICARE INC 3.25%35 CVT PUT DUE 12 CONVERTIBLE BONDS 681904al2 1,434 1,346,000 SH   SOLE 0 134,600 0 1,211,400
ONEOK INC NEW COMMON STOCK 682680103 17,877 262,582 SH   SOLE 0 90,188 0 127,695
PARK ELECTROCHEMICAL COM COMMON STOCK 700416209 549 19,450 SH   SOLE 0 1,945 0 17,505
PARTNERRE LTD 7.25% PFD E PREFERRED STOCK G68603508 289 10,800 SH   SOLE 0 1,080 0 9,720
PENTAIR PLC COMMON STOCK G7S00T104 1,572 21,798 SH   SOLE 0 2,180 0 19,619
PEPCO HOLDINGS INC COMMON STOCK 713291102 233 8,488 SH   SOLE 0 849 0 7,639
PEPSICO INC COMMON STOCK 713448108 328 3,669 SH   SOLE 0 367 0 3,302
PFIZER INC COMMON STOCK 717081103 56,880 1,916,436 SH   SOLE 0 667,534 0 915,481
PHILIP MORRIS INTL INC COMMON STOCK 718172109 2,133 25,295 SH   SOLE 0 2,530 0 22,766
PITNEY BOWES INC PFD 6.7% PREFERRED STOCK 724479506 1,837 70,825 SH   SOLE 0 7,083 0 63,743
PLAINS ALL AMER PIPELINE LP COMMON STOCK 726503105 765 12,745 SH   SOLE 0 1,275 0 11,471
PLAINS GP HLDGS LP CL A COMMON STOCK 72651A108 19,772 618,062 SH   SOLE 0 208,677 0 309,404
PLUM CREEK TIMBER CO REIT COMMON STOCK 729251108 2,781 61,655 SH   SOLE 0 6,166 0 55,490
PNC FINANCIAL SERVICES 6.125% SERIE PREFERRED STOCK 693475857 3,843 139,932 SH   SOLE 0 13,993 0 125,939
POWERSHARES SENIOR LOAN ETF 73936Q769 1,252 50,334 SH   SOLE 0 5,033 0 45,301
PPL CORPORATION COMMON STOCK 69351T106 576 16,203 SH   SOLE 0 1,620 0 14,583
PRECISION CASTPARTS CORP COMMON STOCK 740189105 9,963 39,474 SH   SOLE 0 3,947 0 35,527
PRECISION DRILLING CORP COMMON STOCK 74022D308 598 42,200 SH   SOLE 0 4,220 0 37,980
PROCTER & GAMBLE COMMON STOCK 742718109 763 9,712 SH   SOLE 0 971 0 8,741
PRUDENTIAL FIN 5.750% 12/15/12 SER PREFERRED STOCK 744320607 217 8,700 SH   SOLE 0 870 0 7,830
PUB SVC ENT GROUP INC COMMON STOCK 744573106 850 20,839 SH   SOLE 0 2,084 0 18,755
PUBLIC STORAGE 6.5% PFD PERP SERIES PREFERRED STOCK 74460D141 2,593 99,568 SH   SOLE 0 9,957 0 89,612
PUBLIC STORAGE PFD R 6.35% PREFERRED STOCK 74460D125 3,680 143,084 SH   SOLE 0 14,308 0 128,776
PVH CORP COMMON STOCK 693656100 217 1,861 SH   SOLE 0 186 0 1,675
QUESTAR CORP COMMON STOCK 748356102 2,165 87,318 SH   SOLE 0 8,732 0 78,586
QWEST CORP 7.00% PFD 04/01/52 PREFERRED STOCK 74913G402 2,067 79,793 SH   SOLE 0 7,979 0 71,814
QWEST CORP PFD 7.375% PREFERRED STOCK 74913G204 3,357 127,018 SH   SOLE 0 12,702 0 114,316
R R DONNELLEY & SONS CO COMMON STOCK 257867101 1,406 82,900 SH   SOLE 0 8,290 0 74,610
RAYONIER INC WITH STOCK SPLIT SHARE COMMON STOCK 754907103 1,980 55,700 SH   SOLE 0 5,570 0 50,130
RAYTHEON CO COM NEW COMMON STOCK 755111507 47,985 520,160 SH   SOLE 0 164,197 0 277,909
REED ELSEVIER ADR F SPONS AMERICAN DEPOSITORY 758205207 966 14,931 SH   SOLE 0 1,493 0 13,438
REGENCY ENERGY PARTNERS LP COMMON STOCK 75885Y107 1,661 51,561 SH   SOLE 0 5,156 0 46,405
REGIONS FINANCIAL CORP COM COMMON STOCK 7591EP100 266 25,000 SH   SOLE 0 2,500 0 22,500
REINSURANCE GROUP OF AMERICA 6.2% P PREFERRED STOCK 759351703 3,527 128,527 SH   SOLE 0 12,853 0 115,674
ROPER INDUSTRIES INC COMMON STOCK 776696106 737 5,047 SH   SOLE 0 505 0 4,543
ROSS STORES INC COM COMMON STOCK 778296103 4,035 61,012 SH   SOLE 0 6,101 0 54,911
ROYAL DUTCH SHELL PLC COMMON STOCK 780259206 1,128 13,700 SH   SOLE 0 1,370 0 12,330
ROYAL DUTCH SHELL PLC COMMON STOCK 780259206 560 6,800 SH   SOLE 0 680 0 6,120
S P D R S&P 500 ETF TR EXPIRING 01/ COMMON STOCK 78462F103 735 3,756 SH   SOLE 0 376 0 3,380
SCHLUMBERGER LTD COMMON STOCK 806857108 256 2,171 SH   SOLE 0 217 0 1,954
SENOMYX INC COMMON STOCK 81724Q107 870 100,635 SH   SOLE 0 10,064 0 90,572
SIMON PPTY GP 8.375% SER J PFD PREFERRED STOCK 828806885 818 11,890 SH   SOLE 0 1,189 0 10,701
SIMPSON MFG CO INC COM COMMON STOCK 829073105 902 24,800 SH   SOLE 0 2,480 0 22,320
SLM CORP 6.97% PFD SERIES A 12/31/4 PREFERRED STOCK 78442P205 411 8,457 SH   SOLE 0 846 0 7,611
SPECTRA ENRGY PARTNERS LP COMMON STOCK 84756N109 741 13,890 SH   SOLE 0 1,389 0 12,501
STANLEY BLACK & DECKER I PFD 5.75% PREFERRED STOCK 854502705 5,151 211,385 SH   SOLE 0 21,139 0 190,247
STATE STREET CORP 5.25% SERIES C PREFERRED STOCK 857477509 567 24,475 SH   SOLE 0 2,448 0 22,028
STERICYCLE INC COMMON STOCK 858912108 1,166 9,850 SH   SOLE 0 985 0 8,865
STRATASYS COMMON STOCK M85548101 36,392 320,270 SH   SOLE 0 112,790 0 150,847
TARGET CORP COMMON STOCK 87612E106 1,803 31,120 SH   SOLE 0 3,112 0 28,008
TECO ENERGY INC COMMON STOCK 872375100 1,972 106,700 SH   SOLE 0 10,670 0 96,030
TELEFLEX INC COM COMMON STOCK 879369106 401 3,794 SH   SOLE 0 379 0 3,415
TEXAS CAPITAL BK 6.50% 9/1/42 SER PREFERRED STOCK 882228307 473 19,200 SH   SOLE 0 1,920 0 17,280
THE SOUTHERN COMPANY COMMON STOCK 842587107 1,780 39,230 SH   SOLE 0 3,923 0 35,307
THERMO FISHER SCIENTIFIC INC COMMON STOCK 883556102 425 3,601 SH   SOLE 0 360 0 3,241
TIMKEN CO COM COMMON STOCK 887389104 40,911 603,051 SH   SOLE 0 195,223 0 313,273
TRACTOR SUPPLY CO COMMON STOCK 892356106 1,235 20,455 SH   SOLE 0 2,046 0 18,410
TRIBUNE CO NEW CL A COMMON STOCK 896047503 1,616 18,995 SH   SOLE 0 1,900 0 17,096
TYCO INTL LTD COMMON STOCK H89128104 5,545 121,591 SH   SOLE 0 12,159 0 109,431
UNITED TECHNOLOGIES COMMON STOCK 913017109 700 6,066 SH   SOLE 0 607 0 5,459
US BANCORP PFD 6% SER G PREFERRED STOCK 902973817 675 24,625 SH   SOLE 0 2,463 0 22,163
US BANCORP PFD SERIES F 6.50% PREFERRED STOCK 902973833 2,707 95,780 SH   SOLE 0 9,578 0 86,202
US CELLULAR CORP 6.95% PFD 05/15/60 PREFERRED STOCK 911684405 2,027 79,537 SH   SOLE 0 7,954 0 71,583
VERISK ANALYTICS INC CL A COMMON STOCK 92345Y106 1,110 18,500 SH   SOLE 0 1,850 0 16,650
VERIZON COMMUNICATIONS COMMON STOCK 92343V104 2,378 48,607 SH   SOLE 0 4,861 0 43,747
VISA INC CL A CLASS A COMMON STOCK 92826C839 23,482 111,443 SH   SOLE 0 40,277 0 50,472
VORNADO REALTY TRUST PFD 6.875% SER PREFERRED STOCK 929042869 5,150 197,607 SH   SOLE 0 19,761 0 177,846
VORNADO RLTY LP 7.875%39 PINES DUE PREFERRED STOCK 929043602 314 12,299 SH   SOLE 0 1,230 0 11,069
WASTE MANAGEMENT INC DEL COMMON STOCK 94106L109 1,718 38,409 SH   SOLE 0 3,841 0 34,568
WEATHERFORD INTL INC COM COMMON STOCK G48833100 54,035 2,370,528 SH   SOLE 0 778,621 0 1,210,105
WELLS FARGO & CO 5.85% PFD PREFERRED STOCK 949746556 1,393 53,683 SH   SOLE 0 5,368 0 48,315
WELLS FARGO & CO NEW COMMON STOCK 949746101 70,939 1,349,671 SH   SOLE 0 405,271 0 755,593
WELLS FARGO & CO NEW DEP SHS REPSTG PREFERRED STOCK 949746747 543 23,655 SH   SOLE 0 2,366 0 21,290
WELLS FARGO & CO NEW DEP1/1000PF CL PREFERRED STOCK 949746655 1,478 61,965 SH   SOLE 0 6,197 0 55,769
WEYERHAEUSER CO COMMON STOCK 962166104 758 22,905 SH   SOLE 0 2,291 0 20,615
WEYERHAEUSER CO 6.375% SER A PFD PREFERRED STOCK 962166872 1,046 18,425 SH   SOLE 0 1,843 0 16,583
WILLIAMS PARTNERS LP COMMON STOCK 96950F104 1,672 30,800 SH   SOLE 0 3,080 0 27,720
WIND ENERGY AMERICA INC COMMON STOCK 973146103 0 30,000 SH   SOLE 0 3,000 0 27,000
XCEL ENERGY INC COMMON STOCK 98389B100 450 13,950 SH   SOLE 0 1,395 0 12,555
100000THS KINDER MOR COMMON EKE55U103 0 64,634 SH   SOLE 0 0 0 64,634
AEGON N V PFD PERP 6. PREFERR 007924301 632 24,725 SH   SOLE 0 0 0 24,725
AMERICAN INTL GROUP I COMMON 026874784 9,972 182,710 SH   SOLE 0 951 0 181,759
APPLE COMPUTER INC COMMON 037833100 9,257 99,617 SH   SOLE 0 553 0 99,064
ARCHER DANIELS MIDLAN COMMON 039483102 6,614 149,954 SH   SOLE 0 788 0 149,166
BIOGEN IDEC INC COM COMMON 09062X103 13,177 41,790 SH   SOLE 0 221 0 41,569
BOSTON BEER INC CL A COMMON 100557107 1,656 7,408 SH   SOLE 0 42 0 7,366
CELGENE CORP COM COMMON 151020104 10,340 120,403 SH   SOLE 0 642 0 119,761
CENTRIC FINANCIAL COR COMMON ZZ8T12097 0 17,819 SH   SOLE 0 0 0 17,819
CHICAGO BRIDGE & IRON COMMON 167250109 4,272 62,646 SH   SOLE 0 330 0 62,316
CIT GROUP INC COM NEW COMMON 125581801 6,436 140,641 SH   SOLE 0 743 0 139,898
CME GROUP INC COM COMMON 12572Q105 6,573 92,642 SH   SOLE 0 485 0 92,157
COGNIZANT TECHNOLOGY COMMON 192446102 9,636 197,012 SH   SOLE 0 1,036 0 195,976
COMMONWEALTH REIT COM COMMON 203233101 3,244 123,246 SH   SOLE 0 661 0 122,585
CVS CORP COM COMMON 126650100 9,198 122,042 SH   SOLE 0 650 0 121,392
DISCOVER FINL SVCS CO COMMON 254709108 15,050 242,823 SH   SOLE 0 1,273 0 241,550
EATON CORP PLC SHS COMMON G29183103 11,537 149,476 SH   SOLE 0 788 0 148,688
EOG RES INC COM COMMON 26875P101 10,914 93,398 SH   SOLE 0 496 0 92,902
FACEBOOK INC CL A COMMON 30303M102 9,108 135,352 SH   SOLE 0 709 0 134,643
FANUC LTD JAPAN ADR COMMON 307305102 5,649 196,535 SH   SOLE 0 1,030 0 195,505
FLOWSERVE CORP COM COMMON 34354P105 6,805 91,523 SH   SOLE 0 485 0 91,038
GENWORTH FINL INC COM COMMON 37247D106 3,367 193,479 SH   SOLE 0 1,029 0 192,450
GOLDMAN SACHS GROUP I PREFERR 38145X111 265 10,200 SH   SOLE 0 0 0 10,200
HERTZ GLOBAL HOLDINGS COMMON 42805T105 3,489 124,467 SH   SOLE 0 657 0 123,810
HESS CORP COM COMMON 42809H107 11,409 115,370 SH   SOLE 0 613 0 114,757
HOME DEPOT INC COM COMMON 437076102 6,874 84,909 SH   SOLE 0 446 0 84,463
KANSAS CITY SOUTHERN COMMON 485170302 8,355 77,712 SH   SOLE 0 411 0 77,301
KIMCO RLTY CORP DEP 1 PREFERR 49446R794 915 36,975 SH   SOLE 0 0 0 36,975
KINDER MORGAN MANAGEM COMMON 49455U100 7,040 89,199 SH   SOLE 0 712 0 88,486
KKR FINL HLDGS LLC SR PREFERR 48248A504 538 19,550 SH   SOLE 0 0 0 19,550
LYONDELLBASELL INDUST COMMON N53745100 14,368 147,133 SH   SOLE 0 780 0 146,353
MERCK & CO INC NEW CO COMMON 58933Y105 6,797 117,494 SH   SOLE 0 625 0 116,869
METLIFE INC PFD B 6.5 PREFERR 59156R603 205 8,025 SH   SOLE 0 0 0 8,025
MICROCHIP TECHNOLOGY COMMON 595017104 11,178 229,014 SH   SOLE 0 1,213 0 227,801
MICROSOFT COMMON 594918104 8,679 208,138 SH   SOLE 0 1,110 0 207,028
MORGAN STANLEY COM NE COMMON 617446448 12,660 391,583 SH   SOLE 0 2,025 0 389,558
NEXTERA ENERGY CAP HL PREFERR 65339K605 410 16,950 SH   SOLE 0 0 0 16,950
NEXTERA ENERGY INC CO COMMON 65339F101 6,984 68,151 SH   SOLE 0 365 0 67,786
NXP SEMICONDUCTORS N COMMON N6596X109 7,175 108,413 SH   SOLE 0 579 0 107,834
ONEOK INC NEW COM COMMON 682680103 3,530 51,846 SH   SOLE 0 282 0 51,564
PFIZER INC COMMON 717081103 11,483 386,890 SH   SOLE 0 2,023 0 384,867
PITNEY BOWES INC NT 4 PREFERR 724479506 488 18,800 SH   SOLE 0 0 0 18,800
PLAINS GP HLDGS L P S COMMON 72651A108 3,699 115,615 SH   SOLE 0 608 0 115,007
PNC FINL SVCS GROUP I PREFERR 693475857 965 35,133 SH   SOLE 0 0 0 35,133
PUBLIC STORAGE PFD SE PREFERR 74460D125 258 10,050 SH   SOLE 0 0 0 10,050
PUBLIC STORAGE PFD SH PREFERR 74460D141 717 27,533 SH   SOLE 0 0 0 27,533
QWEST CORP NT 52 PREFERR 74913G402 756 29,175 SH   SOLE 0 0 0 29,175
QWEST CORP NT 7.375% PREFERR 74913G204 328 12,408 SH   SOLE 0 0 0 12,408
RAYTHEON CO COM NEW COMMON 755111507 8,344 90,445 SH   SOLE 0 485 0 89,960
REINSURANCE GROUP AME PREFERR 759351703 1,141 41,583 SH   SOLE 0 0 0 41,583
SPDR SER TR SHT TRM H ETF - E 78468R408 239 7,705 SH   SOLE 0 0 0 7,705
STRATASYS LTD SHS COMMON M85548101 7,460 65,650 SH   SOLE 0 342 0 65,308
TIMKEN CO COM COMMON 887389104 7,460 109,963 SH   SOLE 0 584 0 109,379
UNITED STATES CELLULA PREFERR 911684405 887 34,783 SH   SOLE 0 0 0 34,783
US BANCORP DEL DEP SH PREFERR 902973817 219 7,975 SH   SOLE 0 0 0 7,975
VISA INC COM CL A COMMON 92826C839 5,052 23,974 SH   SOLE 0 125 0 23,849
VORNADO RLTY TR PFD C PREFERR 929042869 578 22,175 SH   SOLE 0 0 0 22,175
WEATHERFORD INTL PLC COMMON G48833100 10,203 443,621 SH   SOLE 0 2,364 0 441,257
WELLS FARGO & CO NEW COMMON 949746101 11,547 219,701 SH   SOLE 0 1,150 0 218,551
WELLS FARGO & CO NEW PREFERR 949746556 821 31,658 SH   SOLE 0 0 0 31,658