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
3M CO COM 88579Y101 330 1,999 SH   SOLE   1,999 0 0
ABBOTT LABS COM 002824100 456 10,115 SH   SOLE   10,115 0 0
ABBVIE INC COM 00287Y109 566 10,115 SH   SOLE   10,115 0 0
ACE LTD SHS H0023R105 372 3,319 SH   SOLE   3,319 0 0
ADOBE SYS INC COM 00724F101 630 8,700 SH   SOLE   8,700 0 0
AES CORP COM 00130H105 206 17,165 SH   SOLE   17,165 0 0
AFLAC INC COM 001055102 275 4,500 SH   SOLE   4,500 0 0
ALCOA INC COM 013817101 728 45,931 SH   SOLE   45,931 0 0
ALLIANCEBERNSTEIN HOLDING LP UNIT LTD PARTN 01881G106 315 12,500 SH   SOLE   12,500 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 215 10,000 SH   SOLE   10,000 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 319 21,855 SH   SOLE   21,855 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 165 10,000 SH   SOLE   10,000 0 0
ANWORTH MORTGAGE ASSET CP COM 037347101 88 17,344 SH   SOLE   17,344 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 404 10,360 SH   SOLE   10,360 0 0
APOLLO INVT CORP COM 03761U106 277 36,900 SH   SOLE   36,900 0 0
APPLE INC COM 037833100 3,046 25,540 SH   SOLE   25,540 0 0
APPLIED MATLS INC COM 038222105 534 22,465 SH   SOLE   22,465 0 0
ARROW ELECTRS INC COM 042735100 391 6,700 SH   SOLE   6,700 0 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 192 18,280 SH   SOLE   18,280 0 0
ASHLAND INC NEW COM 044209104 704 5,601 SH   SOLE   5,601 0 0
AT&T INC COM 00206R102 1,914 55,037 SH   SOLE   55,037 0 0
AVIS BUDGET GROUP COM 053774105 1,037 16,414 SH   SOLE   16,414 0 0
BANCO SANTANDER SA ADR 05964H105 119 17,504 SH   SOLE   17,504 0 0
BANK AMER CORP COM 060505104 367 22,457 SH   SOLE   22,457 0 0
BB&T CORP COM 054937107 342 9,112 SH   SOLE   9,112 0 0
BEACON ROOFING SUPPLY INC COM 073685109 296 11,248 SH   SOLE   11,248 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,797 12,031 SH   SOLE   12,031 0 0
BOEING CO COM 097023105 304 2,056 SH   SOLE   2,056 0 0
BOSTON SCIENTIFIC CORP COM 101137107 196 13,322 SH   SOLE   13,322 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,250 21,055 SH   SOLE   21,055 0 0
CANADIAN PAC RY LTD COM 13645T100 1,830 9,658 SH   SOLE   9,658 0 0
CARDINAL HEALTH INC COM 14149Y108 1,298 15,330 SH   SOLE   15,330 0 0
CAREFUSION CORP COM 14170T101 579 9,700 SH   SOLE   9,700 0 0
CDN IMPERIAL BK COMM TORONTO COM 136069101 318 4,200 SH   SOLE   4,200 0 0
CELGENE CORP COM 151020104 426 3,590 SH   SOLE   3,590 0 0
CHEVRON CORP NEW COM 166764100 703 6,333 SH   SOLE   6,333 0 0
CISCO SYS INC COM 17275R102 1,365 50,108 SH   SOLE   50,108 0 0
COCA COLA CO COM 191216100 1,138 27,544 SH   SOLE   27,544 0 0
COMPUTER SCIENCES CORP COM 205363104 245 3,800 SH   SOLE   3,800 0 0
CONAGRA FOODS INC COM 205887102 262 7,200 SH   SOLE   7,200 0 0
CONOCOPHILLIPS COM 20825C104 403 5,890 SH   SOLE   5,890 0 0
CORNING INC COM 219350105 826 33,930 SH   SOLE   33,930 0 0
CST BRANDS INC COM 12646R105 344 7,894 SH   SOLE   7,894 0 0
DISCOVER FINL SVCS COM 254709108 924 15,884 SH   SOLE   15,884 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 308 10,686 SH   SOLE   10,686 0 0
DISNEY WALT CO COM DISNEY 254687106 3,210 31,451 SH   SOLE   31,451 0 0
DONNELLEY R R & SONS CO COM 257867101 518 30,700 SH   SOLE   30,700 0 0
DOVER CORP COM 260003108 720 9,901 SH   SOLE   9,901 0 0
DOW CHEM CO COM 260543103 510 10,448 SH   SOLE   10,448 0 0
EATON VANCE FLTING RATE INC COM 278279104 318 22,700 SH   SOLE   22,700 0 0
EDISON INTL COM 281020107 254 3,928 SH   SOLE   3,928 0 0
EMCOR GROUP INC COM 29084Q100 558 12,750 SH   SOLE   12,750 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 289 4,878 SH   SOLE   4,878 0 0
EQUITY ONE COM 294752100 373 13,623 SH   SOLE   13,623 0 0
EXXON MOBIL CORP COM 30231G102 375 4,072 SH   SOLE   4,072 0 0
FACEBOOK INC CL A 30303M102 286 3,845 SH   SOLE   3,845 0 0
FAIRCHILD SEMICONDUCTOR INTL COM 303726103 181 11,500 SH   SOLE   11,500 0 0
FIRST POTOMAC RLTY TR COM 33610F109 199 15,940 SH   SOLE   15,940 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 221 13,900 SH   SOLE   13,900 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 475 62,800 SH   SOLE   62,800 0 0
FREEPORT-MCMORAN INC CL B 35671D857 506 25,927 SH   SOLE   25,927 0 0
FREIGHTCAR AMER INC COM 357023100 229 8,255 SH   SOLE   8,255 0 0
GENERAL ELECTRIC CO COM 369604103 1,163 47,071 SH   SOLE   47,071 0 0
GENERAL MLS INC COM 370334104 204 3,850 SH   SOLE   3,850 0 0
GLOBAL PMTS INC COM 37940X102 1,505 16,730 SH   SOLE   16,730 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 212 8,331 SH   SOLE   8,331 0 0
GUESS INC COM 401617105 214 11,550 SH   SOLE   11,550 0 0
HANESBRANDS INC COM 410345102 790 6,805 SH   SOLE   6,805 0 0
HARLEY DAVIDSON INC COM 412822108 331 5,156 SH   SOLE   5,156 0 0
HARRIS CORP DEL COM 413875105 507 6,600 SH   SOLE   6,600 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 233 11,600 SH   SOLE   11,600 0 0
HERSHEY CO COM 427866108 733 6,950 SH   SOLE   6,950 0 0
HONDA MOTOR LTD AMERN SHS 438128308 298 9,300 SH   SOLE   9,300 0 0
HUGOTON RTY TR TEX UNIT BEN INT 444717102 207 26,008 SH   SOLE   26,008 0 0
ICAHN ENTERPRISES LP DEPOSITARY UNIT 451100101 901 8,954 SH   SOLE   8,954 0 0
INGRAM MICRO INC CL A 457153104 668 26,000 SH   SOLE   26,000 0 0
INTEL CORP COM 458140100 2,695 82,254 SH   SOLE   82,254 0 0
INVESCO CALIF VALUE MUN INC COM 46132H106 191 14,327 SH   SOLE   14,327 0 0
JABIL CIRCUIT INC COM 466313103 223 10,500 SH   SOLE   10,500 0 0
JOHNSON & JOHNSON COM 478160104 793 7,901 SH   SOLE   7,901 0 0
KIMBERLY CLARK CORP COM 494368103 239 2,200 SH   SOLE   2,200 0 0
KNOWLES CORP COM 49926D109 624 27,480 SH   SOLE   27,480 0 0
KONINKLIJKE PHILIPS N V NY REG SH NEW 500472303 458 16,511 SH   SOLE   16,511 0 0
KRAFT FOODS GROUP INC COM 50076Q106 271 4,087 SH   SOLE   4,087 0 0
LEGG MASON INC COM 524901105 491 8,569 SH   SOLE   8,569 0 0
LEXINGTON REALTY TRUST COM 529043101 260 23,081 SH   SOLE   23,081 0 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 265 7,254 SH   SOLE   7,254 0 0
LIBERTY INTERACTIVE CORP LBT VENT COM A 53071M880 1,192 42,359 SH   SOLE   42,359 0 0
MARSH & MCLENNAN COS INC COM 571748102 334 6,080 SH   SOLE   6,080 0 0
MCDONALDS CORP COM 580135101 488 5,251 SH   SOLE   5,251 0 0
MCGRAW HILL FINL INC COM 580645109 1,853 19,077 SH   SOLE   19,077 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 232 15,647 SH   SOLE   15,647 0 0
MEDTRONIC INC COM 585055106 683 9,193 SH   SOLE   9,193 0 0
MERCK & CO INC NEW COM 58933Y105 1,913 32,540 SH   SOLE   32,540 0 0
METLIFE INC COM 59156R108 1,070 21,675 SH   SOLE   21,675 0 0
MFS CALIF MUN FD COM 59318C106 154 13,318 SH   SOLE   13,318 0 0
MICROSOFT CORP COM 594918104 2,565 60,463 SH   SOLE   60,463 0 0
MONDELEZ INTL INC CL A 609207105 1,680 46,850 SH   SOLE   46,850 0 0
MORGAN STANLEY COM NEW 617446448 463 12,939 SH   SOLE   12,939 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 229 3,390 SH   SOLE   3,390 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 397 25,000 SH   SOLE   25,000 0 0
NEWELL RUBBERMAID INC COM 651229106 343 9,138 SH   SOLE   9,138 0 0
NUVEEN CAL AMT-FREE MUN INC COM 670651108 222 14,818 SH   SOLE   14,818 0 0
ONE LIBERTY PPTYS INC COM 682406103 400 16,132 SH   SOLE   16,132 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 228 22,220 SH   SOLE   22,220 0 0
PFIZER INC COM 717081103 1,990 59,849 SH   SOLE   59,849 0 0
PHILLIPS 66 COM 718546104 245 3,215 SH   SOLE   3,215 0 0
POOL CORPORATION COM 73278L105 1,087 17,016 SH   SOLE   17,016 0 0
POTASH CORP SASK INC COM 73755L107 1,630 43,989 SH   SOLE   43,989 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 332 3,226 SH   SOLE   3,226 0 0
PROCTER & GAMBLE CO COM 742718109 581 6,829 SH   SOLE   6,829 0 0
PS BUSINESS PKS INC CALIF COM 69360J107 1,041 12,499 SH   SOLE   12,499 0 0
PUBLIC STORAGE COM 74460D109 1,220 5,984 SH   SOLE   5,984 0 0
RAYONIER INC COM 754907103 292 9,890 SH   SOLE   9,890 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 385 26,832 SH   SOLE   26,832 0 0
SCHWAB CHARLES CORP NEW COM 808513105 316 10,920 SH   SOLE   10,920 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 962 16,000 SH   SOLE   16,000 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 1,022 14,710 SH   SOLE   14,710 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 425 17,688 SH   SOLE   17,688 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 349 6,200 SH   SOLE   6,200 0 0
SOUTHERN COPPER CORP COM 84265V105 316 10,612 SH   SOLE   10,612 0 0
SOUTHWEST AIRLS CO COM 844741108 483 11,150 SH   SOLE   11,150 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 547 2,665 SH   SOLE   2,665 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 112 16,500 SH   SOLE   16,500 0 0
TC PIPELINES LP UT COM LTD PRT 87233Q108 678 10,148 SH   SOLE   10,148 0 0
TEEKAY CORPORATION COM Y8564W103 218 4,660 SH   SOLE   4,660 0 0
TELETECH HOLDINGS INC COM 879939106 229 10,000 SH   SOLE   10,000 0 0
TEREX CORP NEW COM 880779103 492 19,600 SH   SOLE   19,600 0 0
THERAVANCE INC COM 88338T104 270 21,033 SH   SOLE   21,033 0 0
TIME WARNER INC COM NEW 887317303 211 2,615 SH   SOLE   2,615 0 0
TIMKENSTEEL CORP COM 887399103 1,654 54,426 SH   SOLE   54,426 0 0
TRANSOCEAN LTD REG SHS H8817H100 438 22,685 SH   SOLE   22,685 0 0
TRIPADVISOR INC COM 896945201 236 8,394 SH   SOLE   8,394 0 0
TRUSTMARK CORP COM 898402102 395 17,611 SH   SOLE   17,611 0 0
UNILEVER PLC SPON ADR NEW 904767704 277 6,500 SH   SOLE   6,500 0 0
UNISYS CORP COM NEW 909214306 573 24,664 SH   SOLE   24,664 0 0
UTI WORLDWIDE INC ORD G87210103 137 11,240 SH   SOLE   11,240 0 0
VANGUARD INDEX FDS REIT ETF 922908553 221 2,600 SH   SOLE   2,600 0 0
VANGUARD INDEX FDS MID CAP ETF 922908629 274 2,200 SH   SOLE   2,200 0 0
VANGUARD NAT RES LLC COM UNIT 92205F106 543 28,346 SH   SOLE   28,346 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 252 6,500 SH   SOLE   6,500 0 0
VISA INC COM CL A 92826C839 3,066 11,474 SH   SOLE   11,474 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 1,631 21,499 SH   SOLE   21,499 0 0
WAL-MART STORES INC COM 931142103 1,969 22,680 SH   SOLE   22,680 0 0
WHOLE FOODS MKT INC COM 966837106 1,307 24,630 SH   SOLE   24,630 0 0
WYNDHAM WORLDWIDE CORP COM 98310W108 1,002 12,399 SH   SOLE   12,399 0 0
ZIMMER HLDGS INC COM 98956P102 414 3,588 SH   SOLE   3,588 0 0
ZOETIS INC CL A 98978V103 1,375 31,596 SH   SOLE   31,596 0 0