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
ABB LTD SPONSORED ADR 000375204 86,715 3,669,684 SH   SOLE   326,405 0 3,343,279
ABBVIE INC COM 00287Y109 67,883 717,729 SH   SOLE   78,295 0 639,434
ALPS ETF TR ALERIAN MLP 00162Q866 117 11,000 SH   SOLE   0 0 11,000
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 24,579 989,887 SH   SOLE   102,880 0 887,007
AT&T INC COM 00206R102 108,726 3,237,811 SH   SOLE   334,205 0 2,903,606
BCE INC COM NEW 05534B760 73,665 1,817,989 SH   SOLE   166,050 0 1,651,939
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 48,899 1,048,655 SH   SOLE   102,155 0 946,500
CHEVRON CORP NEW COM 166764100 45,409 371,349 SH   SOLE   43,635 0 327,714
CINEMARK HOLDINGS INC COM 17243V102 88,351 2,197,775 SH   SOLE   242,080 0 1,955,695
CISCO SYS INC COM 17275R102 108,751 2,235,376 SH   SOLE   233,425 0 2,001,951
DORCHESTER MINERALS LP COM UNIT 25820R105 6,518 319,525 SH   SOLE   1,050 0 318,475
EATON CORP PLC SHS G29183103 71,886 828,853 SH   SOLE   86,290 0 742,563
ENTERPRISE PRODS PARTNERS L COM 293792107 101,426 3,530,314 SH   SOLE   223,395 0 3,306,919
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224P200 94,729 4,682,611 SH   SOLE   491,455 0 4,191,156
EXXON MOBIL CORP COM 30231G102 72,200 849,213 SH   SOLE   96,065 0 753,148
FIRST AMERN FINL CORP COM 31847R102 39,527 766,184 SH   SOLE   78,640 0 687,544
FLOWERS FOODS INC COM 343498101 62,812 3,366,143 SH   SOLE   380,350 0 2,985,793
FNB CORP PA COM 302520101 74,598 5,864,634 SH   SOLE   646,735 0 5,217,899
GENERAL MLS INC COM 370334104 48,392 1,127,488 SH   SOLE   118,950 0 1,008,538
GENERAL MTRS CO COM 37045V100 94,217 2,798,246 SH   SOLE   291,520 0 2,506,726
INTEL CORP COM 458140100 48,817 1,032,280 SH   SOLE   105,940 0 926,340
INTERNATIONAL BUSINESS MACHS COM 459200101 93,436 617,920 SH   SOLE   64,350 0 553,570
INTERPUBLIC GROUP COS INC COM 460690100 68,127 2,978,860 SH   SOLE   308,685 0 2,670,175
ISHARES TR US AER DEF ETF 464288760 1,064 4,915 SH   SOLE   0 0 4,915
JOHNSON & JOHNSON COM 478160104 306 2,218 SH   SOLE   0 0 2,218
KRAFT HEINZ CO COM 500754106 36,196 656,800 SH   SOLE   70,100 0 586,700
M D C HLDGS INC COM 552676108 54,171 1,831,348 SH   SOLE   205,140 0 1,626,208
MCCORMICK & CO INC COM NON VTG 579780206 356 2,700 SH   SOLE   0 0 2,700
NATIONAL HEALTH INVS INC COM 63633D104 45,594 603,181 SH   SOLE   75,345 0 527,836
OLD REP INTL CORP COM 680223104 66,202 2,958,067 SH   SOLE   320,595 0 2,637,472
PFIZER INC COM 717081103 116,755 2,649,307 SH   SOLE   285,530 0 2,363,777
PHILIP MORRIS INTL INC COM 718172109 49,580 608,050 SH   SOLE   61,785 0 546,265
PROCTER AND GAMBLE CO COM 742718109 66,382 797,574 SH   SOLE   87,125 0 710,449
QUALCOMM INC COM 747525103 105,712 1,467,611 SH   SOLE   156,505 0 1,311,106
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 70,722 997,068 SH   SOLE   90,205 0 906,863
SANOFI SPONSORED ADR 80105N105 89,406 2,001,468 SH   SOLE   194,774 0 1,806,694
TARGET CORP COM 87612E106 82,258 932,523 SH   SOLE   99,165 0 833,358
UNION PAC CORP COM 907818108 208 1,275 SH   SOLE   0 0 1,275
VANGUARD WORLD FDS INF TECH ETF 92204A702 666 3,290 SH   SOLE   0 0 3,290
VERIZON COMMUNICATIONS INC COM 92343V104 88,371 1,655,196 SH   SOLE   170,905 0 1,484,291
WEYERHAEUSER CO COM 962166104 68,559 2,124,531 SH   SOLE   225,253 0 1,899,278
WILLIAMS COS INC DEL COM 969457100 78,568 2,889,581 SH   SOLE   295,485 0 2,594,096