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
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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
WESCO INTL INC DBCV 6.000% 9/1 95082PAH8 1,233 747,000 PRN   SOLE   747,000 0 0
ISHARES BARCLAYS 1-3 YR CREDIT 1-3 YR CR BD ETF 464288646 12,960 123,275 SH   SOLE   109,375 0 13,900
ISHARES BARCLAYS TIPS BOND FUN TIPS BD ETF 464287176 10,333 93,348 SH   SOLE   77,448 0 15,900
ISHARES CORE TOTAL U.S. BOND M CORE TOTUSBD ETF 464287226 10,640 97,100 SH   SOLE   85,700 0 11,400
ISHARES INTL TREAS BOND ETF INTL TREA BD ETF 464288117 289 3,175 SH   SOLE   3,175 0 0
ISHARES JPM EMERG MKTS ETF JP MOR EM MK ETF 464288281 338 3,175 SH   SOLE   3,175 0 0
ISHARES NATIONAL AMT-FREE MUNI NAT AMT FREE BD 464288414 4,349 39,700 SH   SOLE   39,700 0 0
ISHARES TR HIGH YIELD CORP IBOXX HI YD ETF 464288513 12,712 152,620 SH   SOLE   132,513 0 20,107
POWERSHARES GLOBAL ETF SOVEREI SOVEREIGN DEBT 73936T573 15,378 560,621 SH   SOLE   495,102 0 65,519
SPDR BARCLAYS INT'L TB ETF BRCLYS INTL ETF 78464A516 4,120 79,116 SH   SOLE   67,466 0 11,650
SPDR SERIES BARCLAYS HIGH YLD BRC HGH YLD BD 78464A417 325 9,100 SH   SOLE   9,100 0 0
ABBVIE INC COM 00287Y109 219 4,021 SH   SOLE   4,021 0 0
AMERICAN TOWER REIT INC COM 03027X100 8,810 100,132 SH   SOLE   93,362 0 6,770
AMERISOURCEBERGEN CORP COM COM 03073E105 1,606 16,908 SH   SOLE   16,908 0 0
APPLE COMPUTER INC COM 037833100 1,481 13,424 SH   SOLE   12,408 0 1,016
AUTO DATA PROCESS INC COM 053015103 1,122 13,966 SH   SOLE   13,691 0 275
BANK OF HAWAII COM 062540109 940 14,808 SH   SOLE   14,808 0 0
BARD CR INC COM 067383109 1,181 6,338 SH   SOLE   6,338 0 0
BECTON DICKINSON & CO COM 075887109 981 7,398 SH   SOLE   7,398 0 0
CATERPILLAR COM 149123101 342 5,234 SH   SOLE   5,234 0 0
CHENIERE ENERGY INC COM 16411R208 107,905 2,234,060 SH   SOLE   2,211,610 0 22,450
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 13,114 497,885 SH   SOLE   497,885 0 0
CHEVRON CORP COM 166764100 11,369 144,135 SH   SOLE   132,735 0 11,400
CINTAS CORP COM 172908105 31,191 363,742 SH   SOLE   346,592 0 17,150
COLGATE PALMOLIVE CO COM 194162103 1,386 21,840 SH   SOLE   21,550 0 290
CROWN CASTLE INTL CORP COM 22822V101 15,967 202,446 SH   SOLE   195,508 0 6,938
ELECTR FOR IMAGING INC COM 286082102 29,859 689,910 SH   SOLE   657,010 0 32,900
EXXON MOBIL CORP COM 30231G102 15,974 214,846 SH   SOLE   201,041 0 13,805
FLUOR CORP COM 343412102 15,842 374,066 SH   SOLE   350,616 0 23,450
GASLOG LTD SHS G37585109 45,838 4,764,816 SH   SOLE   4,764,816 0 0
GENERAL ELEC CO COM 369604103 1,068 42,365 SH   SOLE   42,365 0 0
INT'L BUSINESS MACHINES COM 459200101 206 1,419 SH   SOLE   1,419 0 0
INTEL CORP COM 458140100 26,612 882,960 SH   SOLE   833,960 0 49,000
JOHNSON & JOHNSON COM 478160104 26,917 288,347 SH   SOLE   273,612 0 14,735
LAMAR ADVERTISING CO-CL A CL A 512816109 68,684 1,316,286 SH   SOLE   1,294,986 0 21,300
LPL FINANCIAL HOLDINGS INC COM 50212V100 139,757 3,514,135 SH   SOLE   3,478,185 0 35,950
MAGELLAN MIDSTREAM PARTNERS COM UNIT RP LP 559080106 23,080 383,968 SH   SOLE   383,968 0 0
MASTERCARD INC COM 57636Q104 2,093 23,227 SH   SOLE   23,227 0 0
MICROSOFT CORP COM 594918104 1,180 26,654 SH   SOLE   26,654 0 0
MORGAN J P & CO INC COM 46625H100 301 4,939 SH   SOLE   4,939 0 0
NORTHERN TRUST CORP COM 665859104 27,098 397,571 SH   SOLE   375,421 0 22,150
NOVO-NORDISK ADR COM 670100205 436 8,035 SH   SOLE   8,035 0 0
PEPSICO INC COM 713448108 1,389 14,734 SH   SOLE   14,734 0 0
PFIZER INC COM 717081103 1,347 42,876 SH   SOLE   42,276 0 600
PROCTER & GAMBLE COM 742718109 25,485 354,260 SH   SOLE   334,760 0 19,500
PROGRESSIVE WASTE SOLU COM COM 74339G101 98,448 3,726,250 SH   SOLE   3,685,950 0 40,300
QVC GROUP COM 53071m104 14,819 564,981 SH   SOLE   542,078 0 22,903
SAFE BULKERS INC COM Y7388L103 41 15,000 SH   SOLE   15,000 0 0
SBA COMMUNICATIONS CORP CL A COM 78388j106 82,701 789,585 SH   SOLE   778,085 0 11,500
SEASPAN CORP SHS Y75638109 61,306 4,001,716 SH   SOLE   3,912,323 0 89,393
SOVRAN SELF STORAGE INC COM 84610H108 255 2,700 SH   SOLE   2,700 0 0
SYSCO CORP COM 871829107 30,933 793,752 SH   SOLE   750,182 0 43,570
TELEFLEX INC COM 879369106 29,736 239,400 SH   SOLE   226,675 0 12,725
TRISTATE CAPITAL HOLDINGS INC COM 89678F100 125 10,000 SH   SOLE   10,000 0 0
UNILEVER NV N Y SHS NEW 904784709 208 5,168 SH   SOLE   5,168 0 0
UNITED PARCEL SERVICE COM 911312106 25,764 261,058 SH   SOLE   247,113 0 13,945
WAL-MART STORES INC COM 931142103 24,790 382,329 SH   SOLE   372,079 0 10,250
WELLS FARGO & CO NEW COM 949746101 634 12,356 SH   SOLE   12,356 0 0
WESTAR ENERGY INC COM 95709T100 538 14,000 SH   SOLE   14,000 0 0
ALPS ETF ALERIAN MLP ALERIAN MLP 00162Q866 4,942 395,975 SH   SOLE   337,715 0 58,260
ISHARES MSCI EMERGING MKT ETF CORE MSCI EMKT 46434g103 10,491 263,000 SH   SOLE   263,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 793 4,136 SH   SOLE   4,136 0 0
VANGUARD MSCI EAFE ETF FTSE DEV MKT ETF 921943858 7,062 198,153 SH   SOLE   192,470 0 5,683
VANGUARD MSCI EMERGING MKT ETF FTSE EMR MKT ETF 922042858 4,377 132,285 SH   SOLE   97,501 0 34,784
VANGUARD SMALL CAP SMALL CP ETF 922908751 274 2,538 SH   SOLE   2,538 0 0
VANGUARD TOTAL STOCK VIPERS TOTAL STK MKT 922908769 1,792 18,151 SH   SOLE   17,829 0 322
POWERSHARES DB CMDTY IDX UNIT UNIT BEN INT 73935S105 2,773 183,019 SH   SOLE   177,919 0 5,100
SPDR DOW JONES INT'L REAL ESTA DJ INTL RL ETF 78463X863 3,091 78,568 SH   SOLE   77,029 0 1,539
SPDR GOLD TRUST SHS GOLD SHS 78463V107 1,949 18,236 SH   SOLE   17,786 0 450
VANGUARD REIT INDEX ETF REIT ETF 922908553 1,593 21,089 SH   SOLE   19,488 0 1,601