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 COM 88579Y101 6,464 46,090 SH   SOLE   0 0 46,090
ABBOTT LABS COM COM 002824100 387 10,100 SH   SOLE   0 0 10,100
ABBVIE INC. COM 00287Y109 6,871 130,100 SH   SOLE   200 0 129,900
ACCESS MIDSTREAM COM 00434L109 1,106 19,550 SH   SOLE   0 0 19,400
ALCOA INC COM 013817101 324 30,450 SH   SOLE   0 0 30,450
ALTRIA GROUP INC COM 02209S103 5,393 140,482 SH   SOLE   0 0 140,482
AMER INT'L GROUP COM 026874784 7,514 147,186 SH   SOLE   150 0 146,886
AMERICAN CAMPUS COM 024835100 486 15,100 SH   SOLE   0 0 15,100
AMERICAN EXPRESS COM 025816109 2,262 24,935 SH   SOLE   0 0 24,935
ANADARKO PETRO COM 032511107 1,047 13,200 SH   SOLE   0 0 13,100
APACHE CORP COM 037411105 1,278 14,875 SH   SOLE   0 0 14,875
APOLLO INVESTMENT COM 03761U106 85 10,000 SH   SOLE   0 0 10,000
APPLE COMPUTER COM 037833100 5,148 9,176 SH   SOLE   0 0 9,176
APPLIED MATERIALS COM 038222105 6,873 388,748 SH   SOLE   0 0 388,748
AT&T COM 00206r102 4,475 127,261 SH   SOLE   0 0 127,261
ATLAS PIPELINE PTNRS COM 049392103 258 7,350 SH   SOLE   0 0 7,350
AVALONBAY COM 053484101 489 4,135 SH   SOLE   0 0 4,135
BANK OF AMERICA COM 060505104 12,031 772,683 SH   SOLE   600 0 771,083
BLACKSTONE GROUP LP COM 09253u108 5,377 170,700 SH   SOLE   0 0 170,700
BOEING COM 097023105 7,428 54,425 SH   SOLE   0 0 54,425
BRISTOL-MYERS COM 110122108 6,324 118,977 SH   SOLE   0 0 118,727
CAMDEN PROPERTY TR COM 133131102 501 8,800 SH   SOLE   0 0 8,800
CATERPILLAR COM 149123101 5,138 56,575 SH   SOLE   0 0 56,575
CHEVRON CORP COM 166764100 4,830 38,672 SH   SOLE   0 0 38,672
CITIGROUP INC COM 172967101 7,562 145,110 SH   SOLE   0 0 145,110
CLOROX COMPANY COM 189054109 557 6,000 SH   SOLE   0 0 6,000
COMM BK BAY OAKLAND CA COM 203485107 127 30,000 SH   SOLE   0 0 30,000
CONOCOPHILLIPS COM 20825c104 4,423 62,609 SH   SOLE   0 0 62,609
CUMMINS INC COM 231021106 1,007 7,145 SH   SOLE   0 0 7,145
DENBURY RESOURCES COM 247916208 327 19,900 SH   SOLE   0 0 19,900
DEUTSCHE TELEKOM COM 251566105 463 26,800 SH   SOLE   0 0 26,400
DEVON ENERGY COM 25179m103 346 5,600 SH   SOLE   0 0 5,600
DOW CHEMICAL COM 260543103 5,680 127,923 SH   SOLE   0 0 127,923
DU PONT EI DE NMRS COM 263534109 6,956 107,064 SH   SOLE   0 0 106,964
DUNKIN' BRANDS COM 265504100 1,653 34,300 SH   SOLE   150 0 34,150
EMERSON ELECTRIC COM 291011104 2,972 42,350 SH   SOLE   0 0 42,350
ENBRIDGE ENERGY COM 29250R106 346 11,600 SH   SOLE   0 0 11,400
ENERGY TRANSFER COM 29273R109 2,980 52,061 SH   SOLE   0 0 51,911
ENERGY TRANSFER EQU COM 29273v100 3,507 42,900 SH   SOLE   0 0 42,900
ENTERPRISE PRODS COM 293792107 6,909 104,205 SH   SOLE   0 0 104,105
EQT MIDSTREAM COM 26885B100 270 4,600 SH   SOLE   0 0 4,600
EXPRESS SCRIPTS INC COM 302182100 2,494 35,500 SH   SOLE   100 0 35,400
EXXON MOBIL CORP COM 30231G102 4,180 41,300 SH   SOLE   0 0 41,300
FACEBOOK, INC. COM 30303M102 465 8,515 SH   SOLE   0 0 8,515
FIRST REPUBLIC BANK COM 33616C100 5,444 104,000 SH   SOLE   0 0 104,000
FLOWERS FOODS COM 343498101 644 30,000 SH   SOLE   0 0 30,000
FORD MOTOR CO COM 349862300 568 36,800 SH   SOLE   0 0 36,800
FRANKLIN RES COM 354613101 623 10,800 SH   SOLE   0 0 10,800
FREEPORT MCMORAN COM 35671d857 2,402 63,650 SH   SOLE   200 0 63,150
GAP INC COM 364760108 1,067 27,300 SH   SOLE   0 0 27,300
GEN MOTORS CORP COM 370442105 4,875 119,290 SH   SOLE   0 0 119,290
GENERAL ELECTRIC COM 369604103 11,035 393,686 SH   SOLE   0 0 393,186
GENERAL MILLS INC COM 370334104 3,145 63,017 SH   SOLE   0 0 62,867
GLAXOSMITHKILINE COM 37733W105 5,513 103,250 SH   SOLE   0 0 103,250
GOOGLE INC CLASS A COM 38259p508 263 235 SH   SOLE   0 0 235
HALLIBURTON CO COM 406216101 528 10,400 SH   SOLE   0 0 10,400
HARTFORD FINANCIAL COM 416515104 4,623 127,604 SH   SOLE   200 0 126,904
HCP, INC. COM 40414L109 3,540 97,475 SH   SOLE   0 0 97,475
HESS CORPORATION COM 42809H107 361 4,350 SH   SOLE   0 0 4,350
HEWLETT-PACKARD CO COM 428236103 722 25,800 SH   SOLE   0 0 25,800
HILTON WORLDWIDE COM 43300A104 1,937 87,040 SH   SOLE   0 0 87,040
HOLLY ENERGY COM 435763107 343 10,600 SH   SOLE   0 0 10,600
HOME DEPOT INC COM 437076102 4,950 60,122 SH   SOLE   0 0 60,122
HONEYWELL INT'L INC COM 438516106 5,754 62,971 SH   SOLE   0 0 62,971
IBM CORPORATION COM 459200101 2,143 11,427 SH   SOLE   0 0 11,427
INGREDION COM 457187102 907 13,254 SH   SOLE   0 0 13,254
INTEL CORPORATION COM 458140100 4,638 178,700 SH   SOLE   0 0 178,700
INTL PAPER COM 460146103 6,055 123,498 SH   SOLE   0 0 123,298
JOHNSON & JOHNSON COM 478160104 6,242 68,155 SH   SOLE   0 0 68,155
JP MORGAN CHASE COM 46625H100 5,974 102,151 SH   SOLE   100 0 101,851
KELLOGG CO COM 487836108 2,516 41,200 SH   SOLE   0 0 41,200
KEYCORP COM 493267108 189 14,100 SH   SOLE   0 0 13,600
KIMCO REALTY CORP COM 49446R109 314 15,908 SH   SOLE   0 0 15,908
KINDER MORGAN COM 494550106 333 4,125 SH   SOLE   0 0 4,125
KINDER MORGAN INC. COM 49456B101 1,387 38,534 SH   SOLE   0 0 38,534
KOHLBERG KRAVIS COM 48248M102 4,084 167,800 SH   SOLE   0 0 167,800
KRAFT FOOD GROUP COM 50076Q106 4,991 92,581 SH   SOLE   0 0 92,581
LAM RESEARCH CORP COM 512807108 594 10,900 SH   SOLE   0 0 10,900
LEGACY RESERVES LP COM 524707304 541 19,210 SH   SOLE   0 0 19,010
LILLY, ELI & CO COM 532457108 3,296 64,621 SH   SOLE   0 0 64,621
LOCKHEED MARTIN COM 539830109 5,723 38,495 SH   SOLE   0 0 38,495
MACERICH CO COM 554382101 462 7,853 SH   SOLE   0 0 7,853
MAGELLAN COM 559080106 775 12,250 SH   SOLE   0 0 12,250
MARKWEST ENERGY COM 570759100 3,098 46,850 SH   SOLE   0 0 46,850
MERCK & CO INC COM 589331107 5,019 100,281 SH   SOLE   0 0 100,081
MICROSOFT CORP COM 594918104 2,817 75,302 SH   SOLE   0 0 75,302
MONDELEZ INTL COM 609207105 974 27,600 SH   SOLE   0 0 27,600
MONSANTO COM 61166w101 2,640 22,650 SH   SOLE   0 0 22,650
MORGAN STANLEY COM 617446448 5,273 168,150 SH   SOLE   300 0 167,850
NESTLE SA COM 641069406 3,212 43,650 SH   SOLE   0 0 43,650
NIKE COM 654106103 377 4,800 SH   SOLE   0 0 4,800
NORTHSTAR REALTY COM 66704R100 1,219 90,600 SH   SOLE   0 0 90,600
NUCOR CORP COM 670346105 4,135 77,459 SH   SOLE   0 0 77,309
OCCIDENTAL PETROL COM 674599105 1,282 13,483 SH   SOLE   0 0 13,333
ONEOK PARTNERS LP COM 68268n103 253 4,800 SH   SOLE   0 0 4,700
ORACLE CORP COM 68389X105 691 18,061 SH   SOLE   0 0 18,061
PEPSICO INC COM 713448108 5,926 71,452 SH   SOLE   0 0 71,352
PFIZER INC COM 717081103 6,397 208,851 SH   SOLE   0 0 208,551
PHILIP MORRIS INTL COM 718172109 3,488 40,034 SH   SOLE   0 0 40,034
PLAINS ALL AM COM 726503105 2,004 38,701 SH   SOLE   0 0 38,701
PLAINS GP HLDGS COM 72651A108 1,888 70,520 SH   SOLE   0 0 70,520
PROCTER & GAMBLE COM 742718109 19,557 240,228 SH   SOLE   0 0 240,128
PROLOGIS COM 74340W103 7,804 211,200 SH   SOLE   0 0 211,200
QUALCOMM INC COM 747525103 1,030 13,875 SH   SOLE   0 0 13,875
REGENCY CENTERS COM 758847103 296 6,400 SH   SOLE   0 0 6,400
REYNOLDS AMERICAN COM 761713106 4,489 89,796 SH   SOLE   0 0 89,646
ROBERT HALF INTL COM 770323103 2,729 65,000 SH   SOLE   0 0 65,000
SANOFI-AVENTIS COM 80105N105 3,902 72,767 SH   SOLE   0 0 72,667
SBA COMMUNICATIONS COM 78388J106 1,101 12,250 SH   SOLE   0 0 12,250
SCHLUMBERGER LTD COM 806857108 460 5,100 SH   SOLE   0 0 5,100
SCHWAB, CHARLES COM 808513105 664 25,549 SH   SOLE   0 0 25,549
SEADRILL LTD COM G7945E105 4,818 117,282 SH   SOLE   0 0 117,282
SENIOR HOUSING PROP COM 81721M109 500 22,482 SH   SOLE   0 0 22,182
SIMON PPTY GRP INC COM 828806109 673 4,420 SH   SOLE   0 0 4,420
STARBUCKS CORP COM 855244109 608 7,760 SH   SOLE   0 0 7,760
TARGA CORP COM 87612G101 441 5,000 SH   SOLE   0 0 5,000
TARGA RESOURCES COM 87611x105 2,490 47,616 SH   SOLE   0 0 47,416
TEEKAY CORP COM Y8564W103 1,836 38,250 SH   SOLE   0 0 38,050
THL CREDIT INC COM 872438106 544 32,994 SH   SOLE   0 0 32,994
TRANSCANADA CORP COM 89353D107 457 10,000 SH   SOLE   0 0 10,000
TRANSOCEAN INC COM H8817H100 4,149 83,954 SH   SOLE   150 0 83,804
TRAVELERS CO COM 89417E109 6,627 73,196 SH   SOLE   0 0 73,096
UNILEVER NV COM 904784709 2,398 59,600 SH   SOLE   0 0 59,600
UNION PACIFIC COM 907818108 4,540 27,025 SH   SOLE   0 0 27,025
UNITED TECH COM 913017109 5,412 47,555 SH   SOLE   0 0 47,555
VENTAS INC. COM 92276F100 630 11,000 SH   SOLE   0 0 11,000
VERIZON COMM COM 92343V104 7,098 144,448 SH   SOLE   0 0 144,448
VISA INC CL A COM 92826c839 3,667 16,466 SH   SOLE   0 0 16,466
VODAFONE GROUP PLC COM 92857w209 202 5,150 SH   SOLE   0 0 5,150
VORNADO RLTY COM 929042109 3,275 36,880 SH   SOLE   0 0 36,880
WAL-MART STORES COM 931142103 2,718 34,536 SH   SOLE   0 0 34,536
WALGREEN CO COM 931422109 735 12,800 SH   SOLE   0 0 12,800
WELLS FARGO & CO COM 949746101 7,604 167,489 SH   SOLE   200 0 167,289
WESTERN GAS COM 958254104 3,430 55,600 SH   SOLE   0 0 55,600
WEYERHAEUSER COM 984332106 5,117 162,074 SH   SOLE   0 0 161,774
WILLIAMS PARTNERS LP COM 96950f104 343 6,750 SH   SOLE   0 0 6,750
DFA INTL VALUE COM 25434D203 426 21,497 SH   SOLE   0 0 21,497
DFA US CORE EQUITY I COM 245918784 1,008 60,945 SH   SOLE   0 0 60,945