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
Altria Group, Inc. COM 02209S103 702 11,065 SH   SOLE   6,390 0 4,675
Amerigas Partners LP UNIT LTD PARTN 030975106 2,036 45,311 SH   SOLE   37,816 0 7,495
Armada Hoffler Properties, Inc COM 04208T108 839 60,750 SH   SOLE   47,845 0 12,905
Bonterra Energy Corp. COM 098546104 368 27,921 SH   SOLE   21,636 0 6,285
Buckeye Partners LP UNIT LTD PARTN 118230101 1,750 30,693 SH   SOLE   25,208 0 5,485
Chesapeake Utilities Corp. COM 165303108 1,305 16,671 SH   SOLE   11,919 0 4,752
Cominar REIT COM 199910951 741 68,320 SH   SOLE   53,155 0 15,165
Commonwealth Bank of Australia COM 621503002 1,421 24,058 SH   SOLE   18,533 0 5,525
Crombie REIT COM 227107976 403 36,946 SH   SOLE   22,896 0 14,050
DCP Midstream Partners LP UNIT LTD PARTN 23311P100 1,368 39,501 SH   SOLE   29,236 0 10,265
Energias de Portugal, SA ADR ADR 268353109 1,069 28,278 SH   SOLE   28,203 0 75
Energy Transfer Partners LP UNIT LTD PARTN 29278N103 1,001 54,725 SH   SOLE   44,700 0 10,025
Enterprise Products Partners L UNIT LTD PARTN 293792107 1,741 66,791 SH   SOLE   54,846 0 11,945
Ferrellgas Partners LP UNIT LTD PARTN 315293100 143 27,788 SH   SOLE   26,038 0 1,750
Gaztransport et Technigaz SAS COM ACI07W296 1,601 29,436 SH   SOLE   22,606 0 6,830
Genworth MI Canada Inc. COM 37252B953 879 29,692 SH   SOLE   29,692 0 0
Gladstone Commercial Corp. COM 376536108 1,504 67,542 SH   SOLE   59,737 0 7,805
Global Partners LP UNIT LTD PARTN 37946R109 619 35,546 SH   SOLE   31,101 0 4,445
H&R REIT COM 404428955 387 22,472 SH   SOLE   21,841 0 631
Kinder Morgan, Inc. COM 49456B101 826 43,055 SH   SOLE   33,034 0 10,021
LTC Properties Inc. COM 502175102 799 17,015 SH   SOLE   13,625 0 3,390
Labrador Iron Ore Royalty Corp COM 505440966 1,110 70,125 SH   SOLE   46,535 0 23,590
Martin Midstream Partners LP UNIT LTD PARTN 573331105 237 15,223 SH   SOLE   13,828 0 1,395
Monmouth Real Estate Investmen COM 609720107 1,056 65,255 SH   SOLE   63,385 0 1,870
National Grid PLC ADS ADR 636274409 1,069 17,039 SH   SOLE   12,265 0 4,774
ONE Gas, Inc. COM 68235P108 833 11,307 SH   SOLE   6,077 0 5,230
ONEOK Inc. COM 682680103 2,173 39,213 SH   SOLE   30,902 0 8,311
Oasis Midstream Partners LP UNIT LTD PARTN 67420T206 585 34,505 SH   SOLE   26,760 0 7,745
Plains All American Pipeline L UNIT LTD PARTN 726503105 695 32,782 SH   SOLE   27,047 0 5,735
Precinct Properties New Zealan COM 609327903 764 829,355 SH   SOLE   827,050 0 2,305
Realty Income Corp. COM 756109104 1,145 20,024 SH   SOLE   14,242 0 5,782
Rostelecom Long Distance ADR ADR 778529107 294 39,205 SH   SOLE   39,205 0 0
Ship Finance International Ltd COM G81075106 896 61,795 SH   SOLE   51,780 0 10,015
Spectra Energy Partners LP UNIT LTD PARTN 84756N109 689 15,520 SH   SOLE   12,035 0 3,485
Suburban Propane Partners LP UNIT LTD PARTN 864482104 388 14,880 SH   SOLE   13,430 0 1,450
TC Pipelines LP UNIT LTD PARTN 87233Q108 1,956 37,382 SH   SOLE   31,866 0 5,516
Total SA ADR ADR 89151E109 761 14,214 SH   SOLE   12,599 0 1,615
USA Compression Partners LP UNIT LTD PARTN 90290N109 469 28,056 SH   SOLE   23,301 0 4,755
Urstadt Biddle Properties Inc. COM 917286205 1,031 47,529 SH   SOLE   37,239 0 10,290
Verizon Communications Inc. COM 92343V104 785 15,868 SH   SOLE   10,958 0 4,910
Vermilion Energy Trust COM 923725956 1,184 33,385 SH   SOLE   25,660 0 7,725
Air Products & Chemicals Inc. COM 009158106 1,552 10,264 SH   SOLE   9,184 0 1,080
Anadarko Petroleum Corp. COM 032511107 663 13,576 SH   SOLE   12,111 0 1,465
Apache Corp. COM 037411105 400 8,725 SH   SOLE   7,100 0 1,625
AptarGroup, Inc. COM 038336103 1,480 17,150 SH   SOLE   13,635 0 3,515
AstroNova, Inc. COM 04638F108 188 14,482 SH   SOLE   9,422 0 5,060
Automatic Data Processing Inc. COM 053015103 2,704 24,735 SH   SOLE   19,845 0 4,890
Avery Dennison Corp. COM 053611109 1,355 13,777 SH   SOLE   11,185 0 2,592
Banco del Bajio COM ACI0VM9Y9 864 445,000 SH   SOLE   445,000 0 0
Bank of Ireland COM 306062902 299 36,552 SH   SOLE   36,552 0 0
Bemis Co. Inc. COM 081437105 1,290 28,303 SH   SOLE   27,953 0 350
Breitburn Energy Partners LP UNIT LTD PARTN 106776107 8 152,249 SH   SOLE   130,994 0 21,255
C.R. Bard Inc. COM 067383109 1,336 4,169 SH   SOLE   2,829 0 1,340
CDK Global Holdings LLC COM 12508E101 839 13,297 SH   SOLE   10,708 0 2,589
Church & Dwight Company, Inc. COM 171340102 543 11,217 SH   SOLE   8,075 0 3,142
Colgate-Palmolive Co. COM 194162103 2,421 33,230 SH   SOLE   27,207 0 6,023
Comcast Corp. COM 20030N101 746 19,382 SH   SOLE   8,938 0 10,444
Cracker Barrel Old Country Sto COM 22410J106 491 3,240 SH   SOLE   2,730 0 510
Credito Real Sofom ENR COM B8DST5905 326 191,758 SH   SOLE   191,458 0 300
Cummins Inc. COM 231021106 959 5,707 SH   SOLE   4,757 0 950
Dentsply Sirona Inc. COM 24906P109 657 10,979 SH   SOLE   8,239 0 2,740
Ecolab, Inc. COM 278865100 444 3,450 SH   SOLE   2,275 0 1,175
Emerson Electric Co. COM 291011104 751 11,945 SH   SOLE   9,490 0 2,455
Enerplus Resources Fund Trust COM 292766102 808 81,878 SH   SOLE   65,368 0 16,510
FB Financial Corp. COM 30257X104 940 24,915 SH   SOLE   16,510 0 8,405
Fastenal Co. COM 311900104 377 8,280 SH   SOLE   6,350 0 1,930
Fiserv Inc. COM 337738108 2,918 22,628 SH   SOLE   18,092 0 4,536
General Mills Inc. COM 370334104 1,096 21,170 SH   SOLE   15,760 0 5,410
Givaudan SA ADR ADR 37636P108 796 18,234 SH   SOLE   14,539 0 3,695
Graco, Inc. COM 384109104 2,424 19,595 SH   SOLE   16,599 0 2,996
Grainger, WW Inc. COM 384802104 1,364 7,589 SH   SOLE   5,839 0 1,750
Grupo Aeroportuario Del Pacifi ADR 400506101 1,832 17,867 SH   SOLE   16,117 0 1,750
HFF Inc. COM 40418F108 279 7,050 SH   SOLE   7,050 0 0
Hasbro Inc. COM 418056107 491 5,030 SH   SOLE   2,485 0 2,545
Heineken NV ADR ADR 423012301 1,397 28,146 SH   SOLE   22,715 0 5,431
Honeywell International Inc. COM 438516106 1,226 8,650 SH   SOLE   6,800 0 1,850
Hormel Foods Corp. COM 440452100 2,179 67,797 SH   SOLE   54,789 0 13,008
Hubbell Inc. COM 443510607 931 8,025 SH   SOLE   6,000 0 2,025
IMI PLC COM BGLP8L902 762 45,715 SH   SOLE   35,065 0 10,650
ITT Corp. COM 45073V108 1,722 38,899 SH   SOLE   31,209 0 7,690
Illinois Tool Works Inc. COM 452308109 672 4,545 SH   SOLE   2,980 0 1,565
Imperial Oil Ltd. COM 453038408 250 7,833 SH   SOLE   7,743 0 90
Infraestructura Energ COM B84XBP909 266 47,410 SH   SOLE   47,150 0 260
Ingredion Inc. COM 457187102 2,240 18,566 SH   SOLE   15,336 0 3,230
International Flavors & Fragra COM 459506101 1,160 8,115 SH   SOLE   6,035 0 2,080
Johnson Controls International COM G51502105 1,221 30,313 SH   SOLE   24,838 0 5,475
Kimberly-Clark Corp. COM 494368103 1,261 10,713 SH   SOLE   8,352 0 2,361
LKQ Corp. COM 501889208 883 24,530 SH   SOLE   19,715 0 4,815
Leggett & Platt Inc. COM 524660107 1,048 21,964 SH   SOLE   17,260 0 4,704
Lincoln Electric Holdings Inc. COM 533900106 533 5,815 SH   SOLE   4,090 0 1,725
McCormick & Company, Inc. COM 579780206 1,330 12,961 SH   SOLE   11,000 0 1,961
McDonald's Corp. COM 580135101 1,807 11,534 SH   SOLE   9,979 0 1,555
Mechel Open Joint Stock Co. AD ADR 583840608 83 16,051 SH   SOLE   16,051 0 0
Mettler-Toledo International, COM 592688105 2,065 3,298 SH   SOLE   2,915 0 383
Myriad Genetics Inc. COM 62855J104 591 16,322 SH   SOLE   7,664 0 8,658
Nordson Corp. COM 655663102 1,047 8,838 SH   SOLE   6,218 0 2,620
Norfolk & Southern Corp. COM 655844108 1,751 13,243 SH   SOLE   12,183 0 1,060
Novartis AG ADR ADR 66987V109 705 8,209 SH   SOLE   6,404 0 1,805
Novolipetsk GDR ADR B0RTNX900 358 15,715 SH   SOLE   15,715 0 0
Occidental Petroleum Corp. COM 674599105 494 7,698 SH   SOLE   7,648 0 50
Omnicom Group COM 681919106 2,295 30,986 SH   SOLE   24,989 0 5,997
Parker Hannifin Corp. COM 701094104 1,407 8,038 SH   SOLE   6,098 0 1,940
Paychex, Inc. COM 704326107 1,689 28,177 SH   SOLE   21,646 0 6,531
Pengrowth Energy Trust COM 70706P104 157 152,784 SH   SOLE   150,784 0 2,000
Praxair, Inc. COM 74005P104 1,781 12,742 SH   SOLE   11,212 0 1,530
Prosperity Bancshares Inc. COM 743606105 2,143 32,596 SH   SOLE   25,146 0 7,450
Qiwi PLC COM 74735M108 185 10,945 SH   SOLE   10,525 0 420
Reliq Health Technologies Inc. COM 75955T103 5 20,000 SH   SOLE   20,000 0 0
Schneider Electric SA COM 483410007 1,079 12,400 SH   SOLE   10,115 0 2,285
Sherwin-Williams Co. COM 824348106 1,947 5,438 SH   SOLE   4,540 0 898
Smith & Nephew PLC COM 83175M205 940 25,814 SH   SOLE   25,004 0 810
Snap-on, Inc. COM 833034101 1,357 9,105 SH   SOLE   7,170 0 1,935
St. Gobain SA COM 738048909 1,012 16,977 SH   SOLE   16,842 0 135
Straumann Holdings AG COM 715683900 1,070 1,665 SH   SOLE   1,120 0 545
Sunstone Hotel Investors Inc. COM 867892101 216 13,417 SH   SOLE   13,417 0 0
Synchrony Financial COM 87165B103 846 27,249 SH   SOLE   16,035 0 11,214
Tennant Co. COM 880345103 751 11,345 SH   SOLE   8,935 0 2,410
The Clorox Co. COM 189054109 558 4,230 SH   SOLE   4,190 0 40
Toronto Dominion Bank COM 891160509 1,711 30,405 SH   SOLE   25,355 0 5,050
US Physical Therapy Inc. COM 90337L108 430 7,002 SH   SOLE   5,700 0 1,302
Xylem, Inc. COM 98419M100 1,130 18,037 SH   SOLE   14,682 0 3,355
Yandex NV COM N97284108 458 13,900 SH   SOLE   13,900 0 0