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
A G C O CORP COM 001084102 501 8,906 SH   SOLE   8,906 0 0
A G L RESOURCES INC COM 001204106 261 4,736 SH   SOLE   4,736 0 0
A T & T INC NEW COM 00206R102 357 10,093 SH   SOLE   10,093 0 0
ADVANCED CELL TECHNOLOGY COM 00752K105 1 10,000 SH   SOLE   10,000 0 0
AIR LEASE CORPORATION COM 00912X302 1,737 45,030 SH   SOLE   45,030 0 0
AIRCASTLE LTD COM G0129K104 2,581 145,266 SH   SOLE   145,266 0 0
ALASKA AIR GROUP INC DE COM 011659109 2,653 27,912 SH   SOLE   27,912 0 0
ALPS TRUST ETF ALERIAN MLP COM 00162Q866 267 14,072 SH   SOLE   14,072 0 0
ALTRIA GROUP INC COM 02209S103 224 5,352 SH   SOLE   5,352 0 0
AMERICAN AIRLINES GROUP INC. COM 02376R102 3,558 82,820 SH   SOLE   82,820 0 0
AMERICAN EXPRESS COMPANY COM 025816109 1,503 15,840 SH   SOLE   15,840 0 0
AMERICAN WATER WORKS CO COM 030420103 312 6,300 SH   SOLE   6,300 0 0
ANNALY CAPITAL MGMT REIT COM 035710409 1,195 104,532 SH   SOLE   104,532 0 0
APPLE INC COM 037833100 390 4,193 SH   SOLE   4,193 0 0
ARES CAPITAL CORP COM 04010L103 1,382 77,365 SH   SOLE   77,365 0 0
ATLAS AIR WORLDWIDE HLDG COM 049164205 443 12,015 SH   SOLE   12,015 0 0
ATWOOD OCEANICS INC COM 050095108 289 5,513 SH   SOLE   5,513 0 0
BANK OF NY MELLON CP NEW COM 064058100 237 6,325 SH   SOLE   6,325 0 0
BB&T CORP COM 054937107 283 7,166 SH   SOLE   7,166 0 0
BIOMED REALTY TRUST INC COM 09063H107 787 36,070 SH   SOLE   36,070 0 0
BORG WARNER INC COM 099724106 2,745 42,104 SH   SOLE   42,104 0 0
C S X CORP COM 126408103 1,801 58,465 SH   SOLE   58,465 0 0
C V S CAREMARK CORP COM 126650100 6,154 81,657 SH   SOLE   81,657 0 0
CAMPUS CREST COMMUNITIES COM 13466Y105 135 15,590 SH   SOLE   15,590 0 0
CANADIAN NATL RY CO F COM 136375102 4,815 74,060 SH   SOLE   74,060 0 0
CANADIAN PAC RAILWAY F COM 13645T100 353 1,950 SH   SOLE   1,950 0 0
CAPSTEAD MORTGAGE CP NEWREIT COM 14067E506 1,693 128,773 SH   SOLE   128,773 0 0
CATERPILLAR INC COM 149123101 1,427 13,135 SH   SOLE   13,135 0 0
CBS OUTDOOR AMERICAS INC. COM 14987J106 1,251 38,282 SH   SOLE   38,282 0 0
CHEMED CORPORATION NEW COM 16359R103 225 2,400 SH   SOLE   2,400 0 0
CHESAPEAKE LODGING TRUST COM 165240102 546 18,050 SH   SOLE   18,050 0 0
CHEVRON CORPORATION COM 166764100 376 2,879 SH   SOLE   2,879 0 0
CHICAGO BRIDGE & IRON F N Y RE COM 167250109 1,853 27,165 SH   SOLE   27,165 0 0
CISCO SYSTEMS INC COM 17275R102 332 13,366 SH   SOLE   13,366 0 0
CLIFFS NATURAL RES INC COM 18683K101 253 16,800 SH   SOLE   16,800 0 0
COCA COLA COMPANY COM 191216100 272 6,432 SH   SOLE   6,432 0 0
CONOCOPHILLIPS COM 20825C104 334 3,900 SH   SOLE   3,900 0 0
CONSOL ENERGY INC COM 20854P109 691 15,000 SH   SOLE   15,000 0 0
COSTAMARE INC. COM Y1771G102 1,733 74,300 SH   SOLE   74,300 0 0
CROWN HOLDINGS INC COM 228368106 473 9,500 SH   SOLE   9,500 0 0
DELTA AIR LINES INC NEW COM 247361702 3,692 95,345 SH   SOLE   95,345 0 0
DEVON ENERGY CP NEW COM 25179M103 340 4,276 SH   SOLE   4,276 0 0
DIAMOND OFFSHR DRILLING COM 25271C102 515 10,385 SH   SOLE   10,385 0 0
DINEEQUITY INC COM 254423106 706 8,885 SH   SOLE   8,885 0 0
DIRECTV COM 25490A309 4,111 48,360 SH   SOLE   48,360 0 0
DISCOVER FINANCIAL SVCS COM 254709108 1,280 20,659 SH   SOLE   20,659 0 0
DUKE ENERGY CORP NEW COM 26441C204 1,978 26,668 SH   SOLE   26,668 0 0
EMPIRE DISTRICT ELEC CO COM 291641108 788 30,700 SH   SOLE   30,700 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 981 14,146 SH   SOLE   14,146 0 0
EXXON MOBIL CORPORATION COM 30231G102 373 3,709 SH   SOLE   3,709 0 0
EYI INDS INC COM COM 26928R104 0 100,000 SH   SOLE   100,000 0 0
FAMILY DOLLAR STORES INC COM 307000109 212 3,200 SH   SOLE   3,200 0 0
FIFTH STREET FINANCE CP COM 31678A103 4,041 411,116 SH   SOLE   411,116 0 0
FIRST HORIZON NATL CORP COM 320517105 173 14,558 SH   SOLE   14,558 0 0
FORD MOTOR COMPANY NEW COM 345370860 733 42,520 SH   SOLE   42,520 0 0
GENERAL ELECTRIC COMPANY COM 369604103 276 10,490 SH   SOLE   10,490 0 0
GENERAL MOTORS CO COM 37045V100 4,279 117,872 SH   SOLE   117,872 0 0
GENWORTH FINANCIAL INC COM 37247D106 1,738 99,873 SH   SOLE   99,873 0 0
GNC Hodings Inc COM 36191G107 319 9,350 SH   SOLE   9,350 0 0
GOODYEAR TIRE & RUBBER COM 382550101 1,085 39,040 SH   SOLE   39,040 0 0
GREAT PLAINS ENERGY INC COM 391164100 1,332 49,560 SH   SOLE   49,560 0 0
H C P INC REIT COM 40414L109 700 16,910 SH   SOLE   16,910 0 0
HANESBRANDS INC COM 410345102 530 5,380 SH   SOLE   5,380 0 0
HARTFORD FINL SVCS GRP COM 416515104 534 14,921 SH   SOLE   14,921 0 0
HAWAIIAN ELEC INDUSTRIES COM 419870100 2,881 113,778 SH   SOLE   113,778 0 0
HEALTH CARE REIT INC REIT COM 42217K106 3,416 54,515 SH   SOLE   54,515 0 0
HERTZ GLOBAL COM 42805T105 584 20,850 SH   SOLE   20,850 0 0
HOME DEPOT INC COM 437076102 351 4,335 SH   SOLE   4,335 0 0
HOSPITALITY PPTYS TRUST BENEFI COM 44106M102 1,884 61,980 SH   SOLE   61,980 0 0
HYSTER-YALE MATERIALS HANDLING COM 449172105 1,116 12,600 SH   SOLE   12,600 0 0
ILLINOIS TOOL WORKS INC COM 452308109 540 6,166 SH   SOLE   6,166 0 0
INTEL CORP COM 458140100 883 28,570 SH   SOLE   28,570 0 0
INTL BUSINESS MACHINES COM 459200101 516 2,844 SH   SOLE   2,844 0 0
ISHARE SPSC600BARVAL COM 464287879 333 2,885 SH   SOLE   2,885 0 0
ISHARES CORE S&P ETF S&P 500 I COM 464287200 283 1,434 SH   SOLE   1,434 0 0
ISHARES S&P U S PFD FUND S&P U COM 464288687 323 8,100 SH   SOLE   8,100 0 0
ISHARES TR MSCI EAFE FD MSCI E COM 464287465 231 3,379 SH   SOLE   3,379 0 0
ISHARES TR S&P 100 INDEXS COM 464287101 596 6,885 SH   SOLE   6,885 0 0
ISHARES TRUST IBOXX $ HIGH YIE COM 464288513 215 2,260 SH   SOLE   2,260 0 0
JOHNSON & JOHNSON COM 478160104 234 2,235 SH   SOLE   2,235 0 0
JOHNSON CONTROLS INC COM 478366107 1,969 39,443 SH   SOLE   39,443 0 0
KIMBERLY-CLARK CORP COM 494368103 2,536 22,806 SH   SOLE   22,806 0 0
KINDER MORGAN MGMT LLC COM 49455U100 364 4,611 SH   SOLE   4,611 0 0
KKR & CO LP COM 48248m102 621 25,543 SH   SOLE   25,543 0 0
KOPPERS HOLDINGS INC. COM 50060P106 772 20,180 SH   SOLE   20,180 0 0
L S B INDUSTRIES INC COM 502160104 1,747 41,935 SH   SOLE   41,935 0 0
L T C PROPERTIES INC REIT COM 502175102 5,169 132,405 SH   SOLE   132,405 0 0
LAB CP OF AMER HLDG NEW COM 50540R409 1,597 15,595 SH   SOLE   15,595 0 0
LEGGETT & PLATT INC COM 524660107 1,061 30,940 SH   SOLE   30,940 0 0
LINCOLN NATIONAL CORP COM 534187109 355 6,893 SH   SOLE   6,893 0 0
LOWES COMPANIES INC COM 548661107 283 5,906 SH   SOLE   5,906 0 0
LYONDELLBASELL INDS F CLASS A COM N53745100 522 5,350 SH   SOLE   5,350 0 0
MACYS INC COM 55616P104 1,039 17,900 SH   SOLE   17,900 0 0
MAIN STREET CAPITAL CORP COM 56035L104 1,075 32,644 SH   SOLE   32,644 0 0
MARATHON OIL CORP COM 565849106 1,368 34,267 SH   SOLE   34,267 0 0
MARATHON PETE CORP COM 56585A102 1,962 25,133 SH   SOLE   25,133 0 0
MCDONALDS CORP COM 580135101 253 2,509 SH   SOLE   2,509 0 0
MEDICAL PROPERTIES TRUST REIT COM 58463J304 3,425 258,720 SH   SOLE   258,720 0 0
MOHAWK INDUSTRIES INC COM 608190104 1,280 9,250 SH   SOLE   9,250 0 0
NATIONAL OILWELL VARCO COM 637071101 586 7,119 SH   SOLE   7,119 0 0
NEW YORK CMNTY BANCORP COM 649445103 866 54,200 SH   SOLE   54,200 0 0
NMC INC COM COM 629196106 0 2,974,000 SH   SOLE   2,974,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 826 8,013 SH   SOLE   8,013 0 0
OLD DOMINION FREIGHT LNS COM 679580100 1,052 16,520 SH   SOLE   16,520 0 0
PENN WEST PETE LTD NEW F COM 707887105 193 19,800 SH   SOLE   19,800 0 0
PEPCO HOLDINGS INC COM 713291102 982 35,723 SH   SOLE   35,723 0 0
PHILIP MORRIS INTL INC COM 718172109 509 6,042 SH   SOLE   6,042 0 0
PORTLAND GENERAL ELEC COM 736508847 3,359 96,887 SH   SOLE   96,887 0 0
POTASH CORP SASK INC F COM 73755L107 588 15,500 SH   SOLE   15,500 0 0
POTLATCH CORPORATION NEW COM 737630103 901 21,770 SH   SOLE   21,770 0 0
PROCTER & GAMBLE COM 742718109 261 3,315 SH   SOLE   3,315 0 0
PROSPECT CAPITAL CORP COM 74348T102 1,787 168,220 SH   SOLE   168,220 0 0
RAYONIER INC REIT COM 754907103 276 7,775 SH   SOLE   7,775 0 0
REDDY ICE HLDGS INC NEW COM 75734R303 529 109,682 SH   SOLE   109,682 0 0
REGIONS FINANCIAL CORP COM 7591EP100 154 14,524 SH   SOLE   14,524 0 0
ROYAL CARIBBEAN CRUISESF COM V7780T103 1,872 33,668 SH   SOLE   33,668 0 0
Rowan Companies PLC COM G7665A101 242 7,570 SH   SOLE   7,570 0 0
SANDISK CORP COM 80004C101 3,355 32,129 SH   SOLE   32,129 0 0
SCHEIN HENRY INC COM 806407102 1,511 12,735 SH   SOLE   12,735 0 0
SCRIPPS NTWK INTERACTIV CLASS COM 811065101 1,148 14,150 SH   SOLE   14,150 0 0
SEADRILL LTD F COM G7945E105 3,855 96,490 SH   SOLE   96,490 0 0
SIX FLAGS ENTERTAINMENT COM 83001A102 2,480 58,277 SH   SOLE   58,277 0 0
SOUTHERN COPPER CORP COM 84265V105 710 23,366 SH   SOLE   23,366 0 0
SPDR BARCLAYS ETF HIGH YIELD V COM 78464A417 312 7,478 SH   SOLE   7,478 0 0
SPRINGLEAF HOLDINGS, LLC COM 85172J101 501 19,300 SH   SOLE   19,300 0 0
STARWOOD PPTY TRUST INC COM 85571B105 3,873 162,920 SH   SOLE   162,920 0 0
STARWOOD WAYPOINT RESIDENTIAL COM 85571W109 455 17,363 SH   SOLE   17,363 0 0
SUN COMMUNITIES INC REIT COM 866674104 561 11,260 SH   SOLE   11,260 0 0
TAL INTERNATIONAL GROUP COM 874083108 1,194 26,925 SH   SOLE   26,925 0 0
TARGET CORPORATION COM 87612E106 1,618 27,925 SH   SOLE   27,925 0 0
TEXTRON INCORPORATED COM 883203101 520 13,572 SH   SOLE   13,572 0 0
THERMO FISHER SCIENTIFIC COM 883556102 3,549 30,076 SH   SOLE   30,076 0 0
TIFFANY & CO NEW COM 886547108 1,425 14,210 SH   SOLE   14,210 0 0
TRINITY INDUSTRIES INC COM 896522109 2,320 53,056 SH   SOLE   53,056 0 0
TRW AUTOMOTIVE HOLDINGS CORP. COM 87264S106 835 9,330 SH   SOLE   9,330 0 0
U S BANCORP DEL NEW COM 902973304 257 5,934 SH   SOLE   5,934 0 0
U.S. SILICA HOLDINGS, INC. COM 90346E103 1,611 29,050 SH   SOLE   29,050 0 0
UNION PACIFIC CORP COM 907818108 4,717 47,286 SH   SOLE   47,286 0 0
VERIZON COMMUNICATIONS COM 92343V104 4,972 101,610 SH   SOLE   101,610 0 0
WABTEC COM 929740108 2,359 28,561 SH   SOLE   28,561 0 0
WALGREEN COMPANY COM 931422109 420 5,661 SH   SOLE   5,661 0 0
WEATHERFORD INTL LTD F COM g48833100 554 24,070 SH   SOLE   24,070 0 0
WELLS FARGO & CO NEW COM 949746101 770 14,656 SH   SOLE   14,656 0 0
WHIRLPOOL CORP COM 963320106 446 3,200 SH   SOLE   3,200 0 0
WISDOMTREE MIDCAP COM 97717W505 325 3,985 SH   SOLE   3,985 0 0
ALLIANCE RES PARTNERS LP LTD 01877R108 2,167 46,454 SH   SOLE   46,454 0 0
AMERIGAS PARTNERS LP LTD 030975106 3,863 85,107 SH   SOLE   85,107 0 0
ATLAS PIPELINE PART LP LTD 049392103 1,741 50,612 SH   SOLE   50,612 0 0
BOARDWALK PIPELINE PTNRS LTD 096627104 1,447 78,219 SH   SOLE   78,219 0 0
BREITBURN ENERGY PTNR LP LTD 106776107 936 42,300 SH   SOLE   42,300 0 0
BUCKEYE PARTNERS UTS L P UNIT LTD 118230101 905 10,890 SH   SOLE   10,890 0 0
CALUMET SPECIALTY PRODUCTS LP LTD 131476103 1,474 46,350 SH   SOLE   46,350 0 0
CEDAR FAIR L P DEP UTS LTD 150185106 2,787 52,690 SH   SOLE   52,690 0 0
EAGLE ROCK ENGY PARTNERS LTD 26985R104 111 22,200 SH   SOLE   22,200 0 0
EL PASO PIPELINE PTNR LP LTD 283702108 370 10,210 SH   SOLE   10,210 0 0
ENBRIDGE ENERGY PTNRS LP LTD 29250R106 513 13,889 SH   SOLE   13,889 0 0
ENERGY TRANSFER PARTNERS UNITS LTD 29273R109 1,540 26,560 SH   SOLE   26,560 0 0
ENTERPRISE PRD PRTNRS LP LTD 293792107 911 11,637 SH   SOLE   11,637 0 0
HI-CRUSH PARTNERS LP LTD 428337109 1,636 24,950 SH   SOLE   24,950 0 0
HOLLY ENERGY PARTNERS LTD 435763107 754 21,935 SH   SOLE   21,935 0 0
KINDER MORGAN ENERGY LP UNIT L LTD 494550106 1,733 21,078 SH   SOLE   21,078 0 0
LINN ENERGY LTD 536020100 730 22,567 SH   SOLE   22,567 0 0
MEMORIAL PRODTN PTNR LP LTD 586048100 852 35,151 SH   SOLE   35,151 0 0
NATURAL RESOURCE PTNR LP LTD 63900P103 595 35,900 SH   SOLE   35,900 0 0
NAVIOS MARITIME PTNRS F LTD Y62267102 2,543 130,815 SH   SOLE   130,815 0 0
NISKA GAS STORAGE PTNRS LTD 654678101 422 27,400 SH   SOLE   27,400 0 0
NUSTAR ENERGY LP LTD 67058H102 3,028 48,837 SH   SOLE   48,837 0 0
ONEOK PARTNERS LP LTD 68268N103 1,878 32,050 SH   SOLE   32,050 0 0
PLAINS ALL AMERN PPLN LP UNIT LTD 726503105 306 5,100 SH   SOLE   5,100 0 0
REGENCY ENERGY PARTNERS LTD 75885y107 637 19,781 SH   SOLE   19,781 0 0
RHINO RES PARTNERS LP LTD 76218Y103 648 46,055 SH   SOLE   46,055 0 0
STONEMOR PARTNERS LP LTD 86183Q100 1,191 49,139 SH   SOLE   49,139 0 0
T C PIPELINES LP LTD 87233Q108 2,066 39,993 SH   SOLE   39,993 0 0
TEEKAY LNG PARTNERS LP F LTD Y8564M105 922 19,985 SH   SOLE   19,985 0 0
TEEKAY OFFSHORE PARTNERF LTD Y8565J101 1,593 44,125 SH   SOLE   44,125 0 0
WESTERN GAS PARTNERS L P LTD 958254104 1,969 25,745 SH   SOLE   25,745 0 0
WILLIAMS PARTNERS LTD 96950F104 2,987 55,021 SH   SOLE   55,021 0 0
AEGON NV 6.50% PFD F PERPETUAL PFD 007924400 637 25,040 SH   SOLE   25,040 0 0
Ashford Hospitality Trust Inc PFD 044103208 234 9,160 SH   SOLE   9,160 0 0
BARCLAYS BANK 7.75%ADR F SPONS PFD 06739H511 204 7,900 SH   SOLE   7,900 0 0
CBL & ASSOC DEP SHS PFD REPS 1 PFD 124830605 687 27,082 SH   SOLE   27,082 0 0
CBL& ASSOC 6.625% DEP SH REP 1 PFD 124830803 436 17,450 SH   SOLE   17,450 0 0
CLIFFS NAT RES 7% PFD DEP 1/40 PFD 18683K408 1,987 138,640 SH   SOLE   138,640 0 0
CORNERSTONE BANCSHA PFD PFD CO PFD 218924207 5,360 218,680 SH   SOLE   218,680 0 0
DIGITAL RLTY TR 6.625% SERIES PFD 253868806 252 10,250 SH   SOLE   10,250 0 0
HEALTH CARE REIT 6.5% SERIES J PFD 42217K700 207 8,150 SH   SOLE   8,150 0 0
LASALLE HTL 7.25% G PFD PERPET PFD 517942603 293 11,563 SH   SOLE   11,563 0 0
METLIFE INC B 6.50% PFD NON-CU PFD 59156R603 211 8,250 SH   SOLE   8,250 0 0
MORGAN STANLEY CAPITAL TR VII PFD 61750K208 295 11,640 SH   SOLE   11,640 0 0
PUBLIC STORAGE 5.375%PFD DEP S PFD 74460W800 233 10,250 SH   SOLE   10,250 0 0
REDDY ICE HLDGS INC PFD 7% CON PFD 75734R204 209 41,899 SH   SOLE   41,899 0 0
SL GREEN RLTY 6.5% PFD SERIES PFD 78440X507 275 11,240 SH   SOLE   11,240 0 0
SLM CORP 6%43 SENIOR NOTE DUE PFD 78442P304 563 25,350 SH   SOLE   25,350 0 0