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

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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
AT&T COM 001957AQ2 5,676 164,976 SH   SOLE 0 0 0 164,976
ABERCROMBIE & FITCH COM 002896207 714 26,462 SH   SOLE 0 0 0 26,462
ALLIANCE RES PARTNERS LP COM 01877r108 2,619 194,186 SH   SOLE 0 0 0 194,186
ALON USA ENERGY INC COM 020520102 550 37,101 SH   SOLE 0 0 0 37,101
ALPS ETF TR ALERIAN MLP ETF COM 00162q866 582 48,375 SH   SOLE 0 0 0 48,375
ANADARKO PETE CORP COM 032511107 673 13,865 SH   SOLE 0 0 0 13,865
APACHE CORP COM 037411105 1,505 33,850 SH   SOLE 0 0 0 33,850
APPLE INC COM 037833100 5,280 50,162 SH   SOLE 0 0 0 50,162
ARCBEST CORPORATION COM 03937c105 517 24,204 SH   SOLE 0 0 0 24,204
ASCENDANT SOLUTIONS INC COM 04349y107 25 112,825 SH   SOLE 0 0 0 112,825
BANK OF NOVA SCOTIA COM 064149107 3,823 94,552 SH   SOLE 0 0 0 94,552
BUCKEYE PARTNERS L P UNITLTD PARTNERSHIP I COM 118230101 3,947 59,841 SH   SOLE 0 0 0 59,841
CALIFORNIA RES CORP COM 13057q107 2,838 1,218,160 SH   SOLE 0 0 0 1,218,160
CALUMET SPECIALTY PROD COM 131476103 14,352 720,860 SH   SOLE 0 0 0 720,860
CATERPILLAR INC COM 149123101 5,154 75,840 SH   SOLE 0 0 0 75,840
CELGENE COM 151020104 898 7,500 SH   SOLE 0 0 0 7,500
CENTURY ALUMINUM COM 156431108 444 100,466 SH   SOLE 0 0 0 100,466
CHEVRON CORPORATION COM 166764100 7,583 84,299 SH   SOLE 0 0 0 84,299
CISCO SYS INC COM 17275r102 711 26,210 SH   SOLE 0 0 0 26,210
COACH INC COM 189754104 4,905 149,885 SH   SOLE 0 0 0 149,885
CONOCOPHILLIPS COM 20825c104 7,115 152,406 SH   SOLE 0 0 0 152,406
COOPER TIRE & RUBBER CO COM 216831107 903 23,878 SH   SOLE 0 0 0 23,878
CUMMINS INC COM 231021106 3,972 45,132 SH   SOLE 0 0 0 45,132
DAWSON GEOPHYSICAL COM 239359102 352 101,958 SH   SOLE 0 0 0 101,958
DEERE & COMPANY COM 244199105 1,098 14,397 SH   SOLE 0 0 0 14,397
DEVON ENERGY CORP NEW COM 25179m103 1,410 44,093 SH   SOLE 0 0 0 44,093
DORCHESTER MINERALS LP COM 25820r105 5,504 556,598 SH   SOLE 0 0 0 556,598
EMERSON ELECTRIC COM 291011104 1,903 39,787 SH   SOLE 0 0 0 39,787
ENBRIDGE ENERGY PARTNERSLP COM 29250r106 2,815 122,038 SH   SOLE 0 0 0 122,038
ENERGY TRANSFER PARTNERS UNITS REP L P INT COM 29273R109 4,922 145,937 SH   SOLE 0 0 0 145,937
ENTERGY CORP NEW COM 29364g103 5,241 76,668 SH   SOLE 0 0 0 76,668
ENTERPRISE PRODUCTS PPTNSLP COM 293792107 2,738 107,056 SH   SOLE 0 0 0 107,056
EXELON CORPORATION COM 30161N101 4,868 175,315 SH   SOLE 0 0 0 175,315
EXPRESS INC COM 30219e103 587 34,013 SH   SOLE 0 0 0 34,013
EXXON MOBIL CORP COM 30231g102 2,065 26,500 SH   SOLE 0 0 0 26,500
EZCORP INC CL A NON VTG COM 302301106 629 126,232 SH   SOLE 0 0 0 126,232
GOLDMAN SACHS GROUP INC COM 38141g104 252 1,400 SH   SOLE 0 0 0 1,400
GUESS INC COM 401617105 533 28,249 SH   SOLE 0 0 0 28,249
GULF ISLAND FABRICAT COM 402307102 415 39,682 SH   SOLE 0 0 0 39,682
HAWAIIAN HOLDINGS INC COM 419879101 649 18,390 SH   SOLE 0 0 0 18,390
HEWLETT PACKARD ENTITY COM 42824c109 3,311 217,867 SH   SOLE 0 0 0 217,867
HEWLETT PACKARD COMPANY COM 40434l105 2,579 217,870 SH   SOLE 0 0 0 217,870
ITT EDUCATIONAL SERVICES INC COM 45068b109 724 194,271 SH   SOLE 0 0 0 194,271
IAMGOLD CORPORATION COM 450913108 858 604,387 SH   SOLE 0 0 0 604,387
IBM CORP COM 459200101 2,564 18,634 SH   SOLE 0 0 0 18,634
INTEL CORP COM 458140100 6,475 187,972 SH   SOLE 0 0 0 187,972
ISHARES MSCI EAFE ETF COM 464287465 1,020 17,381 SH   SOLE 0 0 0 17,381
ISHARES MSCI EMERGING MKTS ETF COM 464287234 1,034 32,128 SH   SOLE 0 0 0 32,128
ISHARES MSCI PACIFICEX JAPAN ETF COM 464286665 1,209 31,505 SH   SOLE 0 0 0 31,505
ISHARES US PREFERRED STOCKETF COM 464288687 1,272 32,753 SH   SOLE 0 0 0 32,753
JOY GLOBAL INC COM 481165108 4,161 325,691 SH   SOLE 0 0 0 325,691
JPMORGAN CHASE & CO ALERIAN MLP INDEX ETF COM 46625h365 1,445 49,911 SH   SOLE 0 0 0 49,911
KINDER MORGAN COM 49456b101 680 45,620 SH   SOLE 0 0 0 45,620
LEGACY RESERVES PFD COM 524707502 1,830 294,340 SH   SOLE 0 0 0 294,340
LIQUIDITY SERVICES COM 53635b107 529 81,500 SH   SOLE 0 0 0 81,500
MAGELLAN MIDSTREAM PARTNERSLP COMUNIT REPS COM 559080106 4,343 63,955 SH   SOLE 0 0 0 63,955
MARLIN BUSINESS SERVICES COM 571157106 717 44,695 SH   SOLE 0 0 0 44,695
MARTIN MIDSTREAM PTNR LP COM 573331105 3,590 165,440 SH   SOLE 0 0 0 165,440
MICROSOFT CORP COM 594918104 3,528 63,602 SH   SOLE 0 0 0 63,602
MURPHY OIL CORP COM 626717102 7,297 325,052 SH   SOLE 0 0 0 325,052
NUSTAR ENERGY COM 67058h102 5,962 148,680 SH   SOLE 0 0 0 148,680
OCCIDENTAL PETE CORP COM 674599105 280,545 4,149,474 SH   SOLE 0 0 0 4,149,474
OLIN CORP COM 680665205 4,286 248,343 SH   SOLE 0 0 0 248,343
ONEOK PARTNERS L P UNITLTD PARTNERSHIP COM 68268N103 999 33,185 SH   SOLE 0 0 0 33,185
PFIZER INCORPORATED COM 717081103 3,890 120,516 SH   SOLE 0 0 0 120,516
PHILLIPS 66 COM COM 718546104 633 7,746 SH   SOLE 0 0 0 7,746
PLAINS ALL AMERICAN PIPELINELP COM 726503105 2,530 109,567 SH   SOLE 0 0 0 109,567
PLUM CREEK TIMBER CO INC COM 729251108 4,437 92,984 SH   SOLE 0 0 0 92,984
PROSHARES ULTRAPRO SHORT S&P 500 ETF COM 74348a442 824 26,000 SH   SOLE 0 0 0 26,000
PUBLIC SERVICE ENTERPRISE GROUP COM 744573106 3,894 100,656 SH   SOLE 0 0 0 100,656
RAYONIER INC COM COM 754907103 205 9,276 SH   SOLE 0 0 0 9,276
SANDERSON FARMS INC COM 800013104 699 9,028 SH   SOLE 0 0 0 9,028
SECTOR SPDR TR SHS BENINT FINANCIAL COM 81369y605 3,705 155,493 SH   SOLE 0 0 0 155,493
SKYWEST INC COM 830879102 631 33,200 SH   SOLE 0 0 0 33,200
STONE ENERGY CORP COM 861642106 125 29,155 SH   SOLE 0 0 0 29,155
SUN COMMUNITIES INC REIT COM 866674104 9,709 141,678 SH   SOLE 0 0 0 141,678
SUNCOKE ENERGY LP COM 86722y101 3,706 497,480 SH   SOLE 0 0 0 497,480
SUNOCO LOGISTICS PARTNERSL P COM UNIT COM 86764l108 2,845 110,736 SH   SOLE 0 0 0 110,736
SUNOCO LP COM 86765K109 2,397 60,539 SH   SOLE 0 0 0 60,539
TILLY'S INC COM 886885102 532 80,259 SH   SOLE 0 0 0 80,259
UNISYS CORP COM 909214306 515 46,668 SH   SOLE 0 0 0 46,668
UNIVERSAL CORP VA COM 913456109 3,984 71,057 SH   SOLE 0 0 0 71,057
VAALCO ENERGY INC NEW COM 91851C201 802 501,498 SH   SOLE 0 0 0 501,498
VALERO ENERGY CORP NEW COM 91913Y100 9,681 136,925 SH   SOLE 0 0 0 136,925
VANGUARD GNMA INVESTORCL COM 922031307 1,508 141,556 SH   SOLE 0 0 0 141,556
VANGUARD WELLESLEY INCOMEADMIRAL COM 921938205 488 8,220 SH   SOLE 0 0 0 8,220
VERIZON COMMUNICATIONS COM 92343V104 5,649 122,229 SH   SOLE 0 0 0 122,229
WALMART COM 931142103 4,954 80,819 SH   SOLE 0 0 0 80,819
WESTERN GAS PARTNERS COM 958254104 1,295 27,250 SH   SOLE 0 0 0 27,250
WEYERHAEUSER CO COM COM 962166104 4,176 139,306 SH   SOLE 0 0 0 139,306
WILLIAMS PARTNERS LP COMUNIT LTD PARTNERSH COM 96950f104 1,260 45,247 SH   SOLE 0 0 0 45,247