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
ABBVIE INC COM 00287Y109 227 3,830 SH   SOLE   3,830 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 261 2,500 SH   SOLE   2,500 0 0
AKAMAI TECHNOLOGIES INC COM 00971T101 211 4,000 SH   SOLE   4,000 0 0
ALCOA INC COM 013817101 8,654 876,801 SH   SOLE   813,801 0 63,000
ALPHABET INC CAP STK CL A 02079K305 4,090 5,257 SH   SOLE   4,357 0 900
ALPHABET INC CAP STK CL C 02079K107 993 1,308 SH   SOLE   1,308 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 12,440 293,746 SH   SOLE   275,246 0 18,500
AMERICAN EXPRESS CO COM 025816109 586 8,422 SH   SOLE   4,922 0 3,500
ANTHEM INC COM 036752103 2,843 20,387 SH   SOLE   13,987 0 6,400
APPLE INC COM 037833100 8,866 84,232 SH   SOLE   75,912 0 8,320
GALLAGHER ARTHUR J & CO COM 363576109 303 7,410 SH   SOLE   7,410 0 0
AT&T INC COM 00206R102 6,730 195,597 SH   SOLE   195,292 0 305
ATMOS ENERGY CORP COM 049560105 246 3,900 SH   SOLE   3,900 0 0
AUTODESK INC COM 052769106 262 4,300 SH   SOLE   4,300 0 0
BANK AMER CORP COM 060505104 1,550 92,120 SH   SOLE   92,120 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,962 45,153 SH   SOLE   39,653 0 5,500
BRISTOL MYERS SQUIBB CO COM 110122108 423 6,149 SH   SOLE   6,149 0 0
BARD C R INC COM 067383109 318 1,677 SH   SOLE   1,677 0 0
CATERPILLAR INC DEL COM 149123101 4,536 66,740 SH   SOLE   66,670 0 70
CBS CORP NEW CL B 124857202 1,539 32,653 SH   SOLE   22,895 0 9,758
CHECK POINT SOFTWARE TECH LT ORD M22465104 203 2,500 SH   SOLE   2,500 0 0
CHEVRON CORP NEW COM 166764100 2,168 24,104 SH   SOLE   17,944 0 6,160
CISCO SYS INC COM 17275R102 11,343 417,710 SH   SOLE   380,110 0 37,600
CITIGROUP INC COM NEW 172967424 9,225 178,259 SH   SOLE   162,869 0 15,390
COCA COLA CO COM 191216100 606 14,100 SH   SOLE   14,100 0 0
COLGATE PALMOLIVE CO COM 194162103 1,492 22,397 SH   SOLE   16,697 0 5,700
COMMUNICATIONS SALES&LEAS IN COM 20341J104 2,208 118,138 SH   SOLE   118,063 0 75
COMMUNITY BANKERS TR CORP COM 203612106 84 15,695 SH   SOLE   15,695 0 0
CONAGRA FOODS INC COM 205887102 500 11,865 SH   SOLE   11,865 0 0
COSTCO WHSL CORP NEW COM 22160K105 302 1,872 SH   SOLE   1,872 0 0
CVS HEALTH CORP COM 126650100 1,084 11,092 SH   SOLE   11,092 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 5,787 589,870 SH   SOLE   588,920 0 950
D R HORTON INC COM 23331A109 5,148 160,713 SH   SOLE   136,913 0 23,800
DELTA AIR LINES INC DEL COM NEW 247361702 6,981 137,727 SH   SOLE   137,727 0 0
DOW CHEM CO COM 260543103 4,295 83,440 SH   SOLE   83,355 0 85
DU PONT E I DE NEMOURS & CO COM 263534109 679 10,200 SH   SOLE   10,200 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 374 5,241 SH   SOLE   5,241 0 0
EP ENERGY CORP CL A 268785102 4,069 929,029 SH   SOLE   929,029 0 0
EXXON MOBIL CORP COM 30231G102 3,099 39,755 SH   SOLE   32,285 0 7,470
FEDERATED INVS INC PA CL B 314211103 370 12,900 SH   SOLE   12,900 0 0
FIFTH THIRD BANCORP COM 316773100 2,484 123,600 SH   SOLE   81,200 0 42,400
FIREEYE INC COM 31816Q101 928 44,756 SH   SOLE   44,756 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 5,063 359,360 SH   SOLE   359,010 0 350
FREIGHTCAR AMER INC COM 357023100 4,733 243,606 SH   SOLE   243,606 0 0
GENCO SHIPPING & TRADING LTD SHS NEW Y2685T115 679 455,729 SH   SOLE   455,729 0 0
GENERAL ELECTRIC CO COM 369604103 11,265 361,642 SH   SOLE   329,432 0 32,210
GENERAL MTRS CO COM 37045V100 12,261 360,513 SH   SOLE   360,288 0 225
GILEAD SCIENCES INC COM 375558103 8,630 85,282 SH   SOLE   76,682 0 8,600
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 6,880 170,515 SH   SOLE   170,320 0 195
GOLDMAN SACHS GROUP INC COM 38141G104 11,302 62,708 SH   SOLE   58,028 0 4,680
HOLLYFRONTIER CORP COM 436106108 271 6,800 SH   SOLE   6,800 0 0
HOME DEPOT INC COM 437076102 6,930 52,403 SH   SOLE   47,203 0 5,200
HONEYWELL INTL INC COM 438516106 212 2,050 SH   SOLE   2,050 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 8,862 338,875 SH   SOLE   338,615 0 260
HP INC COM 40434L105 3,497 295,332 SH   SOLE   295,032 0 300
INTEL CORP COM 458140100 7,649 222,033 SH   SOLE   196,833 0 25,200
ISHARES TR RUS 1000 GRW ETF 464287614 773 7,775 SH   SOLE   7,775 0 0
ISHARES TR S&P 100 ETF 464287101 540 5,920 SH   SOLE   5,920 0 0
JOHNSON & JOHNSON COM 478160104 3,579 34,843 SH   SOLE   27,043 0 7,800
KIMBERLY CLARK CORP COM 494368103 204 1,600 SH   SOLE   1,600 0 0
KIMCO RLTY CORP COM 49446R109 6,339 239,585 SH   SOLE   239,415 0 170
KINDER MORGAN INC DEL COM 49456B101 5,888 394,621 SH   SOLE   394,271 0 350
KRAFT HEINZ CO COM 500754106 447 6,140 SH   SOLE   6,140 0 0
LEGGETT & PLATT INC COM 524660107 336 8,000 SH   SOLE   8,000 0 0
LOCKHEED MARTIN CORP COM 539830109 764 3,520 SH   SOLE   3,520 0 0
LOWES COS INC COM 548661107 341 4,485 SH   SOLE   4,485 0 0
MACYS INC COM 55616P104 2,685 76,749 SH   SOLE   61,449 0 15,300
MATTEL INC COM 577081102 6,658 245,035 SH   SOLE   244,740 0 295
MCDONALDS CORP COM 580135101 484 4,100 SH   SOLE   4,100 0 0
MERCK & CO INC NEW COM 58933Y105 3,081 58,338 SH   SOLE   58,338 0 0
MICHAEL KORS HLDGS LTD SHS G60754101 2,498 62,366 SH   SOLE   62,366 0 0
MICROSOFT CORP COM 594918104 250 4,500 SH   SOLE   4,500 0 0
MORGAN STANLEY COM NEW 617446448 9,281 291,777 SH   SOLE   263,877 0 27,900
NATIONAL CINEMEDIA INC COM 635309107 3,664 233,255 SH   SOLE   232,800 0 455
NEW YORK CMNTY BANCORP INC COM 649445103 9,227 565,395 SH   SOLE   564,850 0 545
ORACLE CORP COM 68389X105 5,603 153,387 SH   SOLE   134,887 0 18,500
OUTFRONT MEDIA INC COM 69007J106 5,602 256,608 SH   SOLE   256,345 0 263
PAYCHEX INC COM 704326107 7,688 145,365 SH   SOLE   145,125 0 240
PEOPLES UNITED FINANCIAL INC COM 712704105 6,852 424,275 SH   SOLE   423,800 0 475
PEPSICO INC COM 713448108 442 4,423 SH   SOLE   4,423 0 0
PFIZER INC COM 717081103 5,377 166,579 SH   SOLE   166,429 0 150
PHILIP MORRIS INTL INC COM 718172109 6,799 77,338 SH   SOLE   77,338 0 0
PLUM CREEK TIMBER CO INC COM 729251108 10,299 215,820 SH   SOLE   215,570 0 250
PROCTER & GAMBLE CO COM 742718109 573 7,216 SH   SOLE   7,216 0 0
REYNOLDS AMERICAN INC COM 761713106 221 4,796 SH   SOLE   4,796 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 5,620 122,066 SH   SOLE   121,941 0 125
SAFE BULKERS INC COM Y7388L103 256 315,988 SH   SOLE   315,988 0 0
SCHLUMBERGER LTD COM 806857108 5,752 82,465 SH   SOLE   72,165 0 10,300
SCORPIO BULKERS INC SHS Y7546A106 1,706 172,480 SH   SOLE   172,480 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 2,175 36,060 SH   SOLE   36,060 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 9,292 169,130 SH   SOLE   169,060 0 70
SOUTHERN CO COM 842587107 249 5,320 SH   SOLE   5,320 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 846 4,150 SH   SOLE   4,150 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 576 7,830 SH   SOLE   7,830 0 0
SYSCO CORP COM 871829107 1,641 40,030 SH   SOLE   25,530 0 14,500
TARGET CORP COM 87612E106 242 3,336 SH   SOLE   3,336 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 234 1,900 SH   SOLE   1,900 0 0
UDR INC COM 902653104 284 7,563 SH   SOLE   7,563 0 0
UMH PPTYS INC COM 903002103 147 14,525 SH   SOLE   14,525 0 0
UNITED CONTL HLDGS INC COM 910047109 8,582 149,769 SH   SOLE   137,119 0 12,650
VERIZON COMMUNICATIONS INC COM 92343V104 6,892 149,114 SH   SOLE   131,984 0 17,130
WALGREENS BOOTS ALLIANCE INC COM 931427108 200 2,350 SH   SOLE   2,350 0 0
WASTE MGMT INC DEL COM 94106L109 288 5,400 SH   SOLE   5,400 0 0
WEYERHAEUSER CO COM 962166104 9,322 310,942 SH   SOLE   284,628 0 26,314
YAHOO INC COM 984332106 2,149 64,604 SH   SOLE   64,604 0 0
ZIMMER BIOMET HLDGS INC COM 98956P102 7,099 69,198 SH   SOLE   59,798 0 9,400
ENTERPRISE PRODS PARTNERS L COM 293792107 1,129 44,120 SH   SOLE   44,120 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 625 9,200 SH   SOLE   9,200 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V118 606 24,926 SH   SOLE   24,926 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 406 24,926 SH   SOLE   24,926 0 0