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
AT&T Inc. COM 00206R102 4,573 121,195 SH   SOLE   12,896 0 108,299
Alerian MLP ETF COM 00162Q866 3,972 332,085 SH   SOLE   13,050 0 319,035
Altria Group, Inc. COM 02209S103 2,478 33,274 SH   SOLE   3,100 0 30,174
Amerigas Partners LP COM 030975106 4,156 92,003 SH   SOLE   6,493 0 85,510
B&G Foods Inc. COM 05508R106 4,890 137,369 SH   SOLE   11,080 0 126,289
Buckeye Partners LP COM 118230101 2,699 42,223 SH   SOLE   967 0 41,256
Chesapeake Utilities Corp. COM 165303108 417 5,560 SH   SOLE   2 0 5,558
Cisco Systems Inc. COM 17275R102 5,701 182,155 SH   SOLE   17,391 0 164,764
DSW, Inc. COM 23334L102 1,519 85,793 SH   SOLE   7,217 0 78,576
DuPont Fabros Technology COM 26613Q106 511 8,350 SH   SOLE   250 0 8,100
Energy Transfer Partners, LP COM 29278N103 2,154 105,663 SH   SOLE   10,800 0 94,863
Enterprise Products Partners L COM 293792107 6,638 245,120 SH   SOLE   21,849 0 223,271
Monmouth Real Estate Investmen COM 609720107 414 27,530 SH   SOLE   0 0 27,530
National Grid PLC ADS COM 636274409 1,385 22,046 SH   SOLE   266 0 21,780
ONE Gas, Inc. COM 68235P108 1,424 20,403 SH   SOLE   4,340 0 16,063
Precinct Properties New Zealan COM 609327903 9 10,401 SH   SOLE   0 0 10,401
Realty Income Corp. COM 756109104 4,372 79,239 SH   SOLE   5,265 0 73,974
Seagate Technology PLC COM G7945M107 2,477 63,923 SH   SOLE   5,785 0 58,138
Sempra Energy COM 816851109 230 2,036 SH   SOLE   2 0 2,034
South Jersey Industries, Inc. COM 838518108 1,137 33,279 SH   SOLE   1,634 0 31,645
TC Pipelines LP COM 87233Q108 6,336 115,199 SH   SOLE   9,409 0 105,790
Tanger Factory Outlet Centers, COM 875465106 1,564 60,196 SH   SOLE   5,034 0 55,162
Urstadt Biddle Properties A COM 917286205 1,675 84,595 SH   SOLE   2,840 0 81,755
Verizon Communications Inc. COM 92343V104 3,726 83,423 SH   SOLE   7,750 0 75,673
AMC Networks, Inc. COM 00164V103 3,594 67,285 SH   SOLE   5,825 0 61,460
Amazon.com, Inc. COM 023135106 4,172 4,310 SH   SOLE   417 0 3,893
Amplify Snack Brands, Inc. COM 03211L102 1,091 113,170 SH   SOLE   15,890 0 97,280
Apple Inc. COM 037833100 8,071 56,038 SH   SOLE   5,977 0 50,061
Avery Dennison Corp. COM 053611109 3,633 41,108 SH   SOLE   3,533 0 37,575
Bank of America Corp. COM 060505104 2,497 102,930 SH   SOLE   16,930 0 86,000
Berkshire Hathaway Inc. COM 084670702 1,868 11,030 SH   SOLE   2,120 0 8,910
C.R. Bard Inc. COM 067383109 6,278 19,859 SH   SOLE   1,895 0 17,964
Check Point Software Technolog COM M22465104 4,200 38,507 SH   SOLE   5,799 0 32,708
Church & Dwight Co., Inc. COM 171340102 4,533 87,374 SH   SOLE   10,066 0 77,308
Citigroup COM 172967424 1,105 16,525 SH   SOLE   555 0 15,970
Colgate-Palmolive Co. COM 194162103 1,419 19,140 SH   SOLE   2,479 0 16,661
Comcast Corp. COM 20030N101 5,072 130,322 SH   SOLE   12,824 0 117,498
Expedia, Inc. COM 30212P303 3,751 25,180 SH   SOLE   2,859 0 22,321
Exxon Mobil Corp. COM 30231G102 3,097 38,357 SH   SOLE   5,321 0 33,036
Facebook, Inc COM 30303M102 3,131 20,738 SH   SOLE   2,030 0 18,708
Fifth Third Bancorp COM 316773100 5,197 200,200 SH   SOLE   18,290 0 181,910
First Hawaiian, Inc. COM 32051X108 652 21,280 SH   SOLE   150 0 21,130
Fiserv Inc. COM 337738108 6,021 49,218 SH   SOLE   4,894 0 44,324
General Electric Co. COM 369604103 1,345 49,780 SH   SOLE   310 0 49,470
General Mills Inc. COM 370334104 2,364 42,672 SH   SOLE   4,034 0 38,638
Graco, Inc. COM 384109104 3,866 35,374 SH   SOLE   4,232 0 31,142
Heineken NV ADR COM 423012301 1,684 34,552 SH   SOLE   2,942 0 31,610
Helen of Troy COM G4388N106 337 3,580 SH   SOLE   80 0 3,500
Hormel Foods Corp. COM 440452100 579 16,984 SH   SOLE   470 0 16,514
IBM Corporation COM 459200101 784 5,099 SH   SOLE   563 0 4,536
Intel Corp. COM 458140100 1,292 38,280 SH   SOLE   7,790 0 30,490
JPMorgan Chase & Co. COM 46625H100 6,530 71,440 SH   SOLE   6,080 0 65,360
John Wiley & Sons Inc. A COM 968223206 842 15,959 SH   SOLE   2,242 0 13,717
Johnson & Johnson COM 478160104 5,043 38,122 SH   SOLE   4,627 0 33,495
KAR Auction Services COM 48238T109 499 11,900 SH   SOLE   0 0 11,900
Kimberly-Clark Corp. COM 494368103 3,588 27,793 SH   SOLE   2,055 0 25,738
L3 Technologies COM 502413107 4,290 25,676 SH   SOLE   3,220 0 22,456
Leggett & Platt Inc. COM 524660107 997 18,976 SH   SOLE   1,340 0 17,636
Lincoln Electric Holdings Inc. COM 533900106 1,074 11,666 SH   SOLE   181 0 11,485
Marathon Oil Corp. COM 565849106 315 26,595 SH   SOLE   505 0 26,090
McCormick & Co. Inc. COM 579780206 955 9,795 SH   SOLE   189 0 9,606
McKesson Corp COM 58155Q103 554 3,370 SH   SOLE   20 0 3,350
Medtronic ADR COM G5960L103 4,940 55,657 SH   SOLE   5,357 0 50,300
Mettler-Toledo International, COM 592688105 1,927 3,275 SH   SOLE   271 0 3,004
Microsoft COM 594918104 7,899 114,600 SH   SOLE   10,438 0 104,162
Moog, Inc. A COM 615394202 2,162 30,148 SH   SOLE   4,671 0 25,477
NXP Semiconductors NV COM N6596X109 2,174 19,862 SH   SOLE   1,286 0 18,576
Novartis AG ADR COM 66987V109 3,872 46,388 SH   SOLE   3,382 0 43,006
Omnicom Group COM 681919106 4,972 59,978 SH   SOLE   6,035 0 53,943
OpenText Corp. COM 683715106 2,873 91,088 SH   SOLE   8,440 0 82,648
Parker Hannifin Corp. COM 701094104 503 3,149 SH   SOLE   0 0 3,149
Paychex, Inc. COM 704326107 2,250 39,519 SH   SOLE   3,311 0 36,208
Pfizer Inc COM 717081103 506 15,060 SH   SOLE   0 0 15,060
Prestige Brands Holdings COM 74112D101 2,845 53,863 SH   SOLE   7,644 0 46,219
Procter & Gamble Co. COM 742718109 1,791 20,550 SH   SOLE   3,640 0 16,910
Red Hat, Inc. COM 756577102 1,705 17,810 SH   SOLE   3,480 0 14,330
Roche Holdings ADR COM 771195104 3,214 101,065 SH   SOLE   12,110 0 88,955
SPDR Industrial Select Sector COM 81369Y704 2,422 35,565 SH   SOLE   9,150 0 26,415
Scripps Networks Interactive, COM 811065101 4,185 61,258 SH   SOLE   7,505 0 53,753
Sherwin-Williams Co. COM 824348106 3,380 9,630 SH   SOLE   999 0 8,631
Smith & Nephew PLC COM 83175M205 296 8,501 SH   SOLE   230 0 8,271
Sonoco Products Co. COM 835495102 2,944 57,253 SH   SOLE   8,215 0 49,038
Spectrum Brands Holdings COM 84763R101 1,220 9,760 SH   SOLE   960 0 8,800
Stamps.com Inc COM 852857200 1,968 12,704 SH   SOLE   1,175 0 11,529
SunTrust Banks, Inc. COM 867914103 4,140 72,990 SH   SOLE   6,070 0 66,920
TCF Financial Corp. COM 872275102 336 21,050 SH   SOLE   6,460 0 14,590
Teva Pharmaceutical ADR COM 881624209 1,889 56,865 SH   SOLE   3,775 0 53,090
Texas Intstruments COM 882508104 667 8,669 SH   SOLE   1,400 0 7,269
Travelers Comapnies COM 89417E109 521 4,115 SH   SOLE   600 0 3,515
US Physical Therapy Inc. COM 90337L108 3,073 50,872 SH   SOLE   6,932 0 43,940
VanEck Vectors Oil Services ET COM 92189F718 666 26,850 SH   SOLE   800 0 26,050
Volkswagen AG COM 928662303 2,075 66,672 SH   SOLE   6,662 0 60,010
Wal-Mart Stores Inc. COM 931142103 1,850 24,440 SH   SOLE   2,630 0 21,810
Zions Bancorporation COM 989701107 4,056 92,380 SH   SOLE   7,380 0 85,000