13F-HR 1 sept13f07.txt 13-F SEPT. 2007 BIM FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Alliance Holdings GP L.P. COM 01861g100 1318 54750 SH SOLE 54750 AllianceBernstein Holdings, LP COM 01881g106 3216 36520 SH SOLE 36520 Enbridge Energy Mgmt. COM 29250x103 579 11669 SH SOLE 11669 Enbridge Energy Partners L.P. COM 29250R106 691 14148 SH SOLE 14148 Enterprise Prod Partners COM 293792107 1390 45949 SH SOLE 45949 Inergy Holdings LP COM 45661Q107 590 12376 SH SOLE 12376 Istar Financial COM 45031U101 903 26580 SH SOLE 26580 Kinder Morgan Energy Partners COM 494550106 367 7430 SH SOLE 7430 Kinder Morgan Mgmt COM 49455u100 686 14664 SH SOLE 14664 Magellan Midstream Partners, L COM 559080106 540 13480 SH SOLE 13480 Nustar Group Holdings LLC COM 67059l102 554 17810 SH SOLE 17810 Plains All American Pipeline L COM 726503105 1625 29818 SH SOLE 29818 Resource Capital COM 76120W302 1019 90540 SH SOLE 90540 AFLAC Incorporated COM 001055102 1054 18480 SH SOLE 18480 AT&T COM 00206r102 618 14600 SH SOLE 14600 Ambac Finl Group COM 023139108 574 9130 SH SOLE 9130 American Express COM 025816109 1990 33527 SH SOLE 33527 Anadarko Petroleum COM 032511107 973 18100 SH SOLE 18100 Arch Capital Group COM g0450a105 934 12550 SH SOLE 12550 Atlas America, Inc. COM 049167109 1024 19842 SH SOLE 19842 Automatic Data Processing COM 053015103 850 18510 SH SOLE 18510 Bancorp Inc COM 05969a105 611 33120 SH SOLE 33120 Boeing Company COM 097023105 1422 13540 SH SOLE 13540 Brkshire Hathaway B COM 084670207 617 156 SH SOLE 156 CVS/Caremark COM 126650100 2011 50750 SH SOLE 50750 Chesapeake Energy Corp. COM 165167107 613 17390 SH SOLE 17390 Chevron COM 166764100 1457 15570 SH SOLE 15570 Cisco Systems COM 17275R102 787 23740 SH SOLE 23740 Coca Cola Co. COM 191216100 638 11110 SH SOLE 11110 Colgate Palmolive COM 194162103 3171 44466 SH SOLE 44466 ConocoPhillips COM 20825C104 1065 12130 SH SOLE 12130 Dover Corp. COM 260003108 609 11950 SH SOLE 11950 E-Bay COM 278642103 1081 27700 SH SOLE 27700 Franklin Resources COM 354613101 695 5450 SH SOLE 5450 General Electric COM 369604103 5711 137940 SH SOLE 137940 Google COM 38259P508 1316 2320 SH SOLE 2320 Henry Schein COM 806407102 746 12260 SH SOLE 12260 IBM COM 459200101 1289 10940 SH SOLE 10940 Illinois Tool Works COM 452308109 673 11290 SH SOLE 11290 Jacobs Engineering Group COM 469814107 1058 14000 SH SOLE 14000 Kaydon Corp. COM 486587108 726 13960 SH SOLE 13960 Moog Inc. COM 615394202 934 21250 SH SOLE 21250 National Financial Partners COM 63607p208 714 13470 SH SOLE 13470 Nestle Spons ADR COM 641069406 3310 29580 SH SOLE 29580 Oracle COM 68389X105 756 34900 SH SOLE 34900 Pepsico COM 713448108 3428 46790 SH SOLE 46790 Procter & Gamble COM 742718109 3293 46820 SH SOLE 46820 Resource America COM 761195205 433 27439 SH SOLE 27439 SEI Investments Co. COM 784117103 668 24480 SH SOLE 24480 Schlumberger COM 806857108 2347 22350 SH SOLE 22350 Thermo Fisher Scientific COM 883556102 1410 24420 SH SOLE 24420 United Technologies COM 913017109 3240 40260 SH SOLE 40260 Zimmer Holdings Inc. COM 98956p102 670 8270 SH SOLE 8270 iShr MSCI Emerg Mkts ET COM 464287234 3428 22940 SH SOLE 22940 Resource Capital Corp. 300 26667 SH SOLE 26667 The Bancorp.com, Inc. 05969a105 826 44743 SH SOLE 44743