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 275 4,700 SH   SOLE 1 0 0 4,700
Abengoa Yield PLC COM G00349103 12,409 367,353 SH   SOLE 1,2 359,198 0 8,155
Accenture Plc COM G1151C101 215 2,300 SH   SOLE 1 0 0 2,300
Ace Limited COM H0023R105 14,460 129,700 SH   SOLE 1 96,100 0 33,600
Actavis Plc COM 097252718 33,929 114,000 SH   SOLE 1 56,400 0 57,600
Aetna Inc COM 00817Y108 21,306 200,000 SH   SOLE 1 84,400 0 115,600
AGIC Convertible & Income FD II COM 018825109 2,613 310,759 SH   SOLE 1 302,766 0 7,993
AGIC Convertible & Income Fund COM 018828103 9,932 1,086,661 SH   SOLE 1 1,059,471 0 27,190
Alcoa Inc. COM 013817101 1,162 89,904 SH   SOLE 1 89,904 0 0
Alexander's Inc. COM 014752109 2,198 4,815 SH   SOLE 1 4,815 0 0
AllianceBernstein Global High Income Fund COM 01879R106 2,136 169,933 SH   SOLE 1 152,462 0 17,471
AllianceBernstein Income Fund COM 01881E101 1,114 144,354 SH   SOLE 1 128,300 0 16,054
Alliant Energy Corporation COM 018802108 97,458 1,546,945 SH   SOLE 1,2 1,425,489 0 121,456
Alpine Global Premier Properties Fund COM 02083A103 3,647 533,153 SH   SOLE 1 533,153 0 0
American Assets Trust Inc COM 024013104 224,903 5,196,459 SH   SOLE 1,2 4,317,680 0 878,779
American Homes 4 Rent-CL COM 02665T306 421,735 25,482,491 SH   SOLE 1,2 15,966,186 0 9,516,305
American International Group Inc. COM 026874784 18,074 329,876 SH   SOLE 1 165,876 0 164,000
American Tower Corporation COM 03027X100 127,641 1,355,720 SH   SOLE 1,2 1,246,820 0 108,900
Amerigas Partners LP COM 030975106 8,755 183,395 SH   SOLE 1 183,395 0 0
Ameriprise Finl Inc COM 03076C106 23,761 181,600 SH   SOLE 1 81,800 0 99,800
Amgen Inc. COM 031162100 10,646 66,600 SH   SOLE 1 10,700 0 55,900
Anadarko Petroleum Corporation COM 032511107 15,168 183,163 SH   SOLE 1 94,663 0 88,500
Anheuser Busch InBev NV ADR 03524A108 4,364 35,800 SH   SOLE 1 35,800 0 0
Antero Midstream Partners LP COM 03673L103 661 27,314 SH   SOLE 1 27,314 0 0
Apartment Investment & Management Co. COM 03748R101 711,409 18,074,418 SH   SOLE 1,2 10,848,481 0 7,225,937
Apple Inc. COM 037833100 24,612 197,800 SH   SOLE 1 19,300 0 178,500
Archer-Daniels-Midland Company COM 039483102 4,122 86,957 SH   SOLE 1 86,957 0 0
Ares Dynamic Credit Allocation COM 04014F102 1,771 109,052 SH   SOLE 1 109,052 0 0
Ashford Hospitality Pr.E PFD 044103505 12,679 476,641 SH   SOLE 1 425,000 0 51,641
AT&T Inc. COM 00206R102 11,460 351,000 SH   SOLE 1 342,100 0 8,900
Atmos Energy Corp. COM 049560105 58,010 1,049,011 SH   SOLE 1,2 1,041,897 0 7,114
Avago Technologies Limited COM Y0486S104 9,699 76,379 SH   SOLE 1 32,779 0 43,600
Avalonbay Communities Inc COM 053484101 36,901 211,769 SH   SOLE 1 211,769 0 0
AVIV Reit Inc COM 05381L101 42,043 1,151,874 SH   SOLE 1 1,151,874 0 0
Bank of America Corporation COM 060505104 11,898 773,100 SH   SOLE 1 542,700 0 230,400
Barclays Bank 7.10% (BCS A) PFD 06739H776 10,637 411,661 SH   SOLE 1 411,661 0 0
Barclays Bank 7.75% (BCS C) PFD 06739H511 28,122 1,079,967 SH   SOLE 1 1,065,930 0 14,037
Barclays Bank 8.125% (BCS D) PFD 06739H362 29,132 1,109,792 SH   SOLE 1 1,097,375 0 12,417
Barclays Bank PLC 6.625% (BCS) PFD 06739F390 262 10,200 SH   SOLE 1 10,200 0 0
Barrick Gold Corp. COM 067901108 1,329 121,256 SH   SOLE 1 121,256 0 0
Becton Dickinson & Company COM 075887109 129 900 SH   SOLE 1 0 0 900
Belmond Ltd COM G1154H107 150,586 12,262,686 SH   SOLE 1,2 10,562,529 0 1,700,157
BioMed Realty Trust Inc. COM 09063H107 583,899 25,767,818 SH   SOLE 1,2 14,009,013 0 11,758,805
Blackrock Build Amer Bd COM 09248X100 945 41,697 SH   SOLE 1 36,987 0 4,710
Blackrock Corporate High Yield Fund 6 COM 09255P107 183 16,358 SH   SOLE 1 0 0 16,358
Blackrock Debt Strategies Fund COM 09255R103 311 83,300 SH   SOLE 1 83,300 0 0
Blackrock Enh Cap And Inc COM 09256A109 2,570 170,740 SH   SOLE 1 170,740 0 0
Blackrock Glbl Flt Rt Inc Tr COM 091941104 633 46,999 SH   SOLE 1 46,999 0 0
Blackrock Inc. COM 09247X101 17,055 46,618 SH   SOLE 1 25,599 0 21,019
Blackrock Limited Duration Income Trust COM 09249W101 1,487 94,171 SH   SOLE 1 84,070 0 10,101
BlackRock Long-Term Municipal Advantage Trust COM 09250B103 1,442 125,512 SH   SOLE 1 125,512 0 0
BlackRock Municipal Bond Trust COM 09249H104 824 49,727 SH   SOLE 1 49,727 0 0
BlackRock Municipal Income Investment Quality Trus COM 09250G102 295 19,988 SH   SOLE 1 19,988 0 0
Blackrock Municipal Income Trust COM 09248F109 241 16,416 SH   SOLE 1 16,416 0 0
Blackrock Munienhanced Fund COM 09253Y100 2,961 254,157 SH   SOLE 1 254,157 0 0
Blackrock Muniholdings In Ii COM 09254C107 1,307 95,044 SH   SOLE 1 95,044 0 0
Blackrock Muniholdings Insur COM 09254P108 3,862 267,851 SH   SOLE 1 267,851 0 0
Blackrock Muniholdings Quality COM 09254A101 949 70,374 SH   SOLE 1 70,374 0 0
Blackrock Muniyield Insured COM 09254E103 2,915 205,293 SH   SOLE 1 205,293 0 0
BlackRock MuniYield Investment Fund COM 09254R104 501 32,368 SH   SOLE 1 32,368 0 0
BlackRock MuniYield Investment Quality Fund COM 09254T100 1,240 88,869 SH   SOLE 1 88,869 0 0
Blackrock Muniyield Qual Ii COM 09254G108 950 70,794 SH   SOLE 1 70,794 0 0
Blackrock Muniyield Quality COM 09254F100 864 56,179 SH   SOLE 1 56,179 0 0
Blackrock Resources & Commodities COM 09257A108 801 83,792 SH   SOLE 1 83,792 0 0
Blueknight Energy Partners COM 09625U109 4,082 524,645 SH   SOLE 1 524,645 0 0
Boardwalk Pipeline Partners LP COM 096627104 528 32,803 SH   SOLE 1 32,803 0 0
Boston Properties Inc. COM 101121101 193,727 1,379,034 SH   SOLE 1 220,859 0 1,158,175
BP PLC-Sponsored ADR ADR 055622104 4,062 103,859 SH   SOLE 1 103,859 0 0
Brandywine Realty Trust COM 105368203 380,777 23,828,362 SH   SOLE 1,2 13,856,297 0 9,972,065
BRF - Brasil Foods SA ADR ADR 10552T107 3,244 164,022 SH   SOLE 1 164,022 0 0
Brixmor Property Group COM 11120U105 24,477 921,937 SH   SOLE 1 921,937 0 0
Buckeye Partners LP COM 118230101 45,218 598,755 SH   SOLE 1 598,755 0 0
Bunge Limited COM G16962105 4,715 57,250 SH   SOLE 1 57,250 0 0
Calamos Convertible & High Income Fund COM 12811P108 1,419 100,153 SH   SOLE 1 86,790 0 13,363
Calumet Specialty Products Partners LP COM 131476103 2,320 96,470 SH   SOLE 1 96,470 0 0
Canadian Natl Railway COM 136375102 44,064 657,942 SH   SOLE 1 657,942 0 0
Canadian Pacific Railway Ltd COM 13645T100 38,987 212,925 SH   SOLE 1,2 206,687 0 6,238
Cardinal Health Inc COM 14149Y108 289 3,200 SH   SOLE 1 0 0 3,200
CBRE Clarion Global Real Estate Income Fund COM 12504G100 4,590 512,887 SH   SOLE 1 512,887 0 0
CenterPoint Energy Inc. COM 15189T107 33,802 1,656,127 SH   SOLE 1,2 1,631,571 0 24,556
Central Fund Canada Cl A COM 153501101 1,708 143,134 SH   SOLE 1 143,134 0 0
CF Industries Holdings Inc. COM 125269100 2,310 8,142 SH   SOLE 1 8,142 0 0
Chatham Lodging Tr COM 16208T102 10,597 360,309 SH   SOLE 1 360,309 0 0
Cheniere Energy Inc. COM 16411R208 2,813 36,342 SH   SOLE 1 24,288 0 12,054
Cheniere Energy Partners LP COM 16411Q101 20,839 695,562 SH   SOLE 1 695,562 0 0
Cheniere Energy Partners LP COM 16411W108 726 30,302 SH   SOLE   30,302 0 0
Chevron Corporation COM 166764100 1,682 16,020 SH   SOLE 1 14,420 0 1,600
Cigna Corporation COM 125509109 32,948 254,540 SH   SOLE 1 126,140 0 128,400
Clearbridge Energy MLP Opportunity Fd COM 18469P100 2,285 109,002 SH   SOLE 1 109,002 0 0
Clough Global Opportunities Fund COM 18914E106 5,960 478,291 SH   SOLE 1 469,534 0 8,757
CMS Energy Corporation COM 125896100 121,178 3,471,150 SH   SOLE 1,2 3,153,794 0 317,356
Conocophillips COM 20825C104 487 7,815 SH   SOLE 1 7,815 0 0
Consumer Discretionary Selt COM 81369Y407 10,851 144,426 SH   SOLE 1 144,426 0 0
Corenergy Infrastructure Trust Inc. COM 21870U205 12,744 1,839,019 SH   SOLE 1 1,839,019 0 0
Corporate Office Properties COM 22002T108 92,761 3,157,284 SH   SOLE 1 80,723 0 3,076,561
Costco Wholesale Corporation COM 22160K105 7,666 50,600 SH   SOLE 1 0 0 50,600
Cousins Properties Inc. COM 222795106 69,630 6,568,852 SH   SOLE 1 0 0 6,568,852
Crestwood Equity Partners LP COM 226344109 2,928 488,036 SH   SOLE 1 488,036 0 0
Crestwood Midstream Partners LP COM 226378107 4,378 301,689 SH   SOLE 1 301,689 0 0
CrossAmerica Partners LP COM 22758A105 2,732 83,952 SH   SOLE 1 83,952 0 0
Crown Castle International Corp. COM 22822V101 167,990 2,035,260 SH   SOLE 1,2 2,020,789 0 14,471
CSX Corporation COM 126408103 16,488 497,838 SH   SOLE 1 203,007 0 294,831
CubeSmart COM 229663109 595,914 24,675,514 SH   SOLE 1,2 15,612,919 0 9,062,595
CVS Health Corporation COM 126650100 37,741 365,674 SH   SOLE 1 166,599 0 199,075
CyrusOne Inc COM 23283R100 61,121 1,964,035 SH   SOLE 1 1,353,724 0 610,311
D.R. Horton Inc. COM 23331A109 7,040 247,200 SH   SOLE 1 119,200 0 128,000
DCP Midstream Partners LP COM 23311P100 7,766 210,187 SH   SOLE 1 210,187 0 0
DDR Corp. COM 23317H102 821,680 44,128,871 SH   SOLE 1,2 24,788,516 0 19,340,355
Deutsche Bank AG COM D18190898 2,367 68,100 SH   SOLE 1 68,100 0 0
Devon Energy Corporation COM 25179M103 66 1,100 SH   SOLE 1 0 0 1,100
Diamondrock Hospitality Co. COM 252784301 385,567 27,287,122 SH   SOLE 1,2 13,083,143 0 14,203,979
Discover Financial Services COM 254709108 14,724 261,300 SH   SOLE 1 113,600 0 147,700
Dominion Midstream Partners COM 257454108 28,927 696,860 SH   SOLE 1,2 678,130 0 18,730
Dominion Resources Inc. COM 25746U109 111,932 1,579,403 SH   SOLE 1,2 1,526,512 0 52,891
Doubleline Income Solutions COM 258622109 1,533 77,219 SH   SOLE 1 65,930 0 11,289
Douglas Emmett Inc. COM 25960P109 416,073 13,957,502 SH   SOLE 1,2 9,751,049 0 4,206,453
DTE Energy Company COM 233331107 74,522 923,555 SH   SOLE 1,2 910,180 0 13,375
Duke Energy Corporation COM 26441C204 125,924 1,640,066 SH   SOLE 1,2 1,602,449 0 37,617
Dynagas LNG Partners LP COM Y2188B108 3,429 177,939 SH   SOLE 1 177,939 0 0
Eaton Vance Enh Eqt Inc Ii COM 278277108 1,078 75,879 SH   SOLE 1 75,879 0 0
Eaton Vance Floating Rate Income Trust COM 278279104 1,345 92,211 SH   SOLE 1 92,211 0 0
Eaton Vance Insured Muni Bnd COM 27827X101 2,202 170,604 SH   SOLE 1 170,604 0 0
Eaton Vance Limited Duration Fund COM 27828H105 1,119 77,737 SH   SOLE 1 64,180 0 13,557
EATON VANCE MUNICIPAL INCOME COM 27829U105 803 45,085 SH   SOLE 1 45,085 0 0
Eaton Vance National Municipal Opportunities Trust COM 27829L105 994 46,871 SH   SOLE 1 46,871 0 0
Eaton Vance Senior Income Tr COM 27826S103 1,216 186,833 SH   SOLE 1 186,833 0 0
Eaton Vance Sr Fltg Rate Trust COM 27828Q105 1,775 122,858 SH   SOLE 1 118,892 0 3,966
Eaton Vance T/A Global Dividend Income COM 27828S101 7,019 413,854 SH   SOLE 1 413,854 0 0
Eaton Vance T/M Buy-Write Opportunity COM 27828Y108 16,928 1,129,266 SH   SOLE 1 1,129,266 0 0
Eaton Vance Tax Adv Global Dividend O COM 27828U106 3,807 153,898 SH   SOLE 1 153,898 0 0
Eaton Vance Tax Man Global Br COM 27829C105 7,228 608,889 SH   SOLE 1 608,889 0 0
Eaton Vance Tax-Adv Dvd. Inc. Fund COM 27828G107 24,648 1,195,929 SH   SOLE 1 1,175,250 0 20,679
Eaton Vance Tax-Managed Dividend COM 27828N102 20,342 1,792,206 SH   SOLE 1 1,757,671 0 34,535
Eaton Vance Tax-Managed Global COM 27829F108 17,011 1,753,691 SH   SOLE 1 1,753,691 0 0
Ecolab Inc. COM 278865100 7,812 68,300 SH   SOLE 1 32,000 0 36,300
Edison International COM 281020107 67,977 1,088,159 SH   SOLE 1,2 1,075,396 0 12,763
Education Realty Trust Inc. COM 28140H203 234,803 6,636,616 SH   SOLE 1,2 3,242,643 0 3,393,973
Empire State Realty Trust COM 292104106 190,619 10,133,921 SH   SOLE 1,2 8,999,252 0 1,134,669
Enbridge Energy Mana COM 29250X103 39,524 1,086,432 SH   SOLE 1 1,086,432 0 0
Enbridge Inc COM 29250N105 83,339 1,728,895 SH   SOLE 1,2 1,654,226 0 74,669
Energy Select Sector Spdr COM 81369Y506 264 3,409 SH   SOLE 1 3,409 0 0
Energy Transfer Equity Lp COM 29273V100 85,173 1,344,272 SH   SOLE 1,2 1,334,170 0 10,102
Energy Transfer Partners LP COM 29273R109 32,699 586,522 SH   SOLE 1 586,522 0 0
EnLink Midstream Partners LP COM 29336U107 9,132 369,110 SH   SOLE 1 369,110 0 0
Enterprise Products Partners COM 293792107 90,363 2,744,101 SH   SOLE 1 2,744,101 0 0
EPR Properties 9% E PFD 26884U307 14,075 414,104 SH   SOLE 1 251,000 0 163,104
EQT Corporation COM 26884L109 2,134 25,748 SH   SOLE 1 25,748 0 0
EQT Midstream Partners LP COM 26885B100 29,589 381,004 SH   SOLE 1,2 374,356 0 6,648
Equifax Inc COM 294429105 17,335 186,400 SH   SOLE 1 81,800 0 104,600
Equity Commonwealth COM 294628102 213,452 8,039,621 SH   SOLE 1,2 7,105,517 0 934,104
Equity Commonwealth Pfd. D PFD 294628201 14,576 591,094 SH   SOLE 1 422,629 0 168,465
Equity Commonwealth Pr. E PFD 294628409 5,232 200,675 SH   SOLE 1 29,525 0 171,150
Equity Residential COM 29476L107 2,189,598 28,122,246 SH   SOLE 1,2 15,291,601 0 12,830,645
Essex Property Trust Inc. COM 297178105 460,572 2,003,358 SH   SOLE 1,2 736,203 0 1,267,155
Exelon Corporation COM 30161N101 41,097 1,222,755 SH   SOLE 1,2 1,142,644 0 80,111
Extended Stay America Inc. COM 30224P200 229,378 11,744,909 SH   SOLE 1,2 10,406,558 0 1,338,351
Exterran Partners Lp COM 30225N105 3,949 158,460 SH   SOLE 1 158,460 0 0
Extra Space Storage Inc. COM 30225T102 514,663 7,616,744 SH   SOLE 1,2 2,118,243 0 5,498,501
Exxon Mobil Corporation COM 30231G102 51,844 609,930 SH   SOLE 1 335,196 0 274,734
FCB Financial Holdings COM 30255G103 45,655 1,668,058 SH   SOLE 1 1,668,058 0 0
Federal Realty Investment Trust COM 313747206 167,788 1,139,787 SH   SOLE 1 0 0 1,139,787
Financial Select Sector SPDR COM 81369Y605 4,323 179,288 SH   SOLE 1 179,288 0 0
First Industrial Realty Trust COM 32054K103 219,650 10,249,658 SH   SOLE 1,2 5,610,823 0 4,638,835
First Trust Aberdeen Global Fund COM 337319107 1,567 133,742 SH   SOLE 1 118,600 0 15,142
First Trust Energy Income and Growth Fund COM 33738G104 15,783 460,428 SH   SOLE 1 460,428 0 0
First Trust/Four Crns Sr F 2 COM 33733U108 1,343 97,277 SH   SOLE 1 97,277 0 0
Flah & Crum/Claymore Preferred S I COM 338478100 4,115 202,308 SH   SOLE 1 192,649 0 9,659
Flah & Crum/Claymore Total Return Fund COM 338479108 4,706 232,181 SH   SOLE 1 223,922 0 8,259
Flaherty & Crumrine Dynamic COM 33848W106 3,117 133,138 SH   SOLE 1 115,431 0 17,707
Ford Motor Company COM 345370860 6,982 432,600 SH   SOLE 1 173,700 0 258,900
Foresight Energy LP COM 34552U104 4 274 SH   SOLE 1 274 0 0
Forest City Enterprises Cl A COM 345550107 184,963 7,247,766 SH   SOLE 1,2 6,580,178 0 667,588
Franklin Limited Duration Income Trust COM 35472T101 1,399 114,977 SH   SOLE 1 103,900 0 11,077
Freeport-Mcmoran Inc. COM 35671D857 1,724 90,958 SH   SOLE 1 90,958 0 0
Gabelli Dividend & Income Trust COM 36242H104 21,694 1,023,797 SH   SOLE 1 1,004,173 0 19,624
Gabelli Equity Trust COM 362397101 10,115 1,556,177 SH   SOLE 1 1,532,688 0 23,489
GasLog Ltd. COM G37585109 861 44,361 SH   SOLE 1 44,361 0 0
General Dynamics Corporation COM 369550108 5,266 38,800 SH   SOLE 1 38,300 0 500
General Electric Company COM 369604103 8,456 340,830 SH   SOLE 1 185,130 0 155,700
General Growth Properties Inc. COM 370023103 167,493 5,668,121 SH   SOLE 1,2 5,500,869 0 167,252
General Mills Inc. COM 370334104 5,773 102,000 SH   SOLE 1 40,700 0 61,300
Genesis Energy LP COM 371927104 15 327 SH   SOLE 1 327 0 0
Gilead Sciences Inc COM 375558103 17,477 178,100 SH   SOLE 1 84,100 0 94,000
Golar LNG Ltd COM G9456A100 666 20,017 SH   SOLE 1 20,017 0 0
Golar LNG Partners LP COM Y2745C102 20,891 776,904 SH   SOLE 1 776,904 0 0
Goldcorp Inc COM 380956409 987 54,445 SH   SOLE 1 54,445 0 0
Google Inc. COM 38259P508 10,151 18,300 SH   SOLE 1 4,600 0 13,700
Gramercy Property Trust Inc COM 38489R605 61,792 2,201,371 SH   SOLE 1,2 1,970,453 0 230,918
Grupo Aeroportuario PAC - ADR ADR 400506101 33,123 505,390 SH   SOLE 1,2 468,932 0 36,458
Grupo Aeroportuario SUR - ADR ADR 40051E202 2,378 17,694 SH   SOLE 1 8,140 0 9,554
Guggenheim Build America COM 401664107 299 13,341 SH   SOLE 1 8,854 0 4,487
Halliburton Company COM 406216101 12,163 277,183 SH   SOLE 1 191,583 0 85,600
Hanesbrands Inc COM 410345102 29,258 873,100 SH   SOLE 1 426,300 0 446,800
Harley-Davidson Inc. COM 412822108 11,310 186,200 SH   SOLE 1 72,100 0 114,100
HCP Inc. COM 40414L109 171,365 3,965,854 SH   SOLE 1,2 2,273,162 0 1,692,692
Health Care REIT Inc. COM 42217K106 1,792,019 23,164,666 SH   SOLE 1,2 13,463,463 0 9,701,203
Healthcare Trust of America COM 42225P501 371,357 13,329,409 SH   SOLE 1,2 7,359,360 0 5,970,049
Hersha Hospitality Trust COM 427825104 17,537 2,710,547 SH   SOLE 1 2,710,547 0 0
Hewlett-Packard Company COM 428236103 5,584 179,200 SH   SOLE 1 82,000 0 97,200
Highwoods Properties Inc. COM 431284108 4,691 102,470 SH   SOLE 1 102,470 0 0
Hilton Worldwide Holdings Inc. COM 43300A104 2,558 86,372 SH   SOLE 1 86,372 0 0
Hoegh LNG Partners LP COM Y3262R100 6,883 317,202 SH   SOLE 1 317,202 0 0
Home Properties Inc. COM 437306103 619,236 8,936,880 SH   SOLE 1,2 4,803,504 0 4,133,376
Host Hotels & Resorts Inc. COM 44107P104 786,893 38,993,687 SH   SOLE 1,2 17,435,048 0 21,558,639
HSBC Holdings PLC 6.20% (HBC A) PFD 404280604 1,000 38,998 SH   SOLE 1 38,998 0 0
Hudson Pacific Prop COM 444097109 18,809 566,709 SH   SOLE 1 566,709 0 0
Huntington Bancshares 8.5% CV (HBANP) PFD 446150401 31,199 23,405 SH   SOLE 1 23,405 0 0
Huntington Bancshares Incorporated COM 446150104 15,756 1,425,900 SH   SOLE 1 868,200 0 557,700
I Shares Gold Trust COM 464285105 9,754 851,900 SH   SOLE 1 851,900 0 0
InfraReit Inc COM 45685L100 1,651 57,759 SH   SOLE 1 57,759 0 0
Ingredion Inc COM 457187102 511 6,569 SH   SOLE 1 6,569 0 0
Inland Real Estate Pr.B PFD 457461507 13,177 512,512 SH   SOLE 1 132,037 0 380,475
Intel Corporation COM 458140100 6,179 197,611 SH   SOLE 1 0 0 197,611
Invesco Van kampen Municipal Opportunity trust COM 46132C107 2,452 189,163 SH   SOLE 1 189,163 0 0
John Hancock Preferred Income Fund COM 41013W108 1,024 48,349 SH   SOLE 1 38,659 0 9,690
John Hancock T/A Dividend Income Fund COM 41013V100 16,272 761,452 SH   SOLE 1 741,313 0 20,139
Johnson & Johnson COM 478160104 141 1,400 SH   SOLE 1 0 0 1,400
JP Energy Partners LP COM 46643C109 2,923 262,360 SH   SOLE 1 262,360 0 0
JPMorgan Chase & Co. COM 46625H100 26,328 434,594 SH   SOLE 1 241,394 0 193,200
Kansas City Southern COM 485170302 352 3,451 SH   SOLE 1 3,451 0 0
Kayne Anderson Energy Total Return COM 48660P104 6,533 264,497 SH   SOLE 1 264,497 0 0
Kayne Anderson MidstreamEnergy COM 48661E108 4,096 124,825 SH   SOLE 1 124,825 0 0
Kayne Anderson MLP Investment COM 486606106 15,936 448,898 SH   SOLE 1 448,898 0 0
Kilroy Realty Corp. COM 49427F108 575,541 7,556,007 SH   SOLE 1,2 3,256,732 0 4,299,275
Kimco Realty Corporation COM 49446R109 86,536 3,222,957 SH   SOLE 1 1,590,213 0 1,632,744
Kinder Morgan Inc. COM 49456B101 171,255 4,071,679 SH   SOLE 1,2 4,002,740 0 68,939
Knot Offshore Partners LP COM Y48125101 4,899 200,871 SH   SOLE 1 200,871 0 0
L-3 Communications Holdings Inc. COM 502424104 20,814 165,463 SH   SOLE 1 79,513 0 85,950
La Quinta Holdings Inc. COM 50420D108 194,013 8,193,120 SH   SOLE 1,2 7,204,221 0 988,899
Las Vegas Sands Corp. COM 517834107 14,046 255,200 SH   SOLE 1 119,300 0 135,900
Legg Mason BW Global Income COM 52469B100 3,146 197,486 SH   SOLE 1 173,700 0 23,786
Lexington Corp Pr C CV PFD 529043309 9,020 183,231 SH   SOLE 1 183,231 0 0
Liberty Property Trust COM 531172104 133,745 3,746,361 SH   SOLE 1,2 3,468,865 0 277,496
LMP Capital And Income Fund COM 50208A102 4,241 253,316 SH   SOLE 1 253,316 0 0
LyondellBasell Industries N.V. COM N53745100 11,309 128,800 SH   SOLE 1 62,600 0 66,200
Macquarie Global Infr Tot Rt COM 55608D101 395 15,914 SH   SOLE 1 15,914 0 0
Macquarie Infrastruc COM 55608B105 34,331 417,192 SH   SOLE 1,2 404,501 0 12,691
Magellan Midstream Partners COM 559080106 1,519 19,806 SH   SOLE 1 19,806 0 0
Marathon Petroleum Corporation COM 56585A102 11,601 113,300 SH   SOLE 1 37,700 0 75,600
MarkWest Energy Partners LP COM 570759100 74,838 1,132,188 SH   SOLE 1 1,132,188 0 0
Martin Midstream Partners LP COM 573331105 3,012 85,000 SH   SOLE 1 85,000 0 0
McDonald's Corporation COM 580135101 156 1,597 SH   SOLE 1 0 0 1,597
Medtronic plc COM G5960L103 142 1,816 SH   SOLE 1 0 0 1,816
Memorial Production Partners COM 586048100 4,090 252,315 SH   SOLE 1 252,315 0 0
Merck & Co. Inc. COM 58933Y105 19,290 335,600 SH   SOLE 1 106,700 0 228,900
MFS Multimarket Income Trust COM 552737108 1,245 196,070 SH   SOLE 1 174,356 0 21,714
Microsoft Corporation COM 594918104 29,912 735,746 SH   SOLE 1 301,646 0 434,100
Mid-America Apartment Communities COM 59522J103 74,514 964,338 SH   SOLE 1 890,276 0 74,062
Midcoast Energy Partners LP COM 59564N103 1,807 130,556 SH   SOLE 1 130,556 0 0
Monogram Residential Trust Inc COM 60979P105 125,633 13,479,925 SH   SOLE 1,2 12,060,366 0 1,419,559
Monsanto Company COM 61166W101 23,486 208,694 SH   SOLE 1 118,094 0 90,600
Morgan Stanley COM 617446448 6,792 190,300 SH   SOLE 1 101,300 0 89,000
MPLX LP COM 55336V100 15,466 211,111 SH   SOLE 1 211,111 0 0
National Retail Properties COM 637417106 75,645 1,846,349 SH   SOLE 1 0 0 1,846,349
NATL WESTMINSTER 7.76% (NW C) PFD 638539882 26,578 1,022,219 SH   SOLE 1 1,017,286 0 4,933
Natural Resource Partners LP COM 63900P103 1,901 280,431 SH   SOLE 1 280,431 0 0
Navios Maritime Midstream Partners LP COM Y62134104 1,748 125,000 SH   SOLE 1 125,000 0 0
NetApp Inc. COM 64110D104 177 5,000 SH   SOLE 1 0 0 5,000
New America High Income Fund COM 641876800 2,330 257,463 SH   SOLE 1 233,678 0 23,785
Newmont Mining Corporation COM 651639106 685 31,563 SH   SOLE 1 31,563 0 0
NextEra Energy Inc COM 65339F101 126,899 1,219,593 SH   SOLE 1,2 1,043,987 0 175,606
Nextera Energy Partners LP COM 65341B106 8,100 184,849 SH   SOLE 1,2 178,167 0 6,682
NGL Energy Partners LP COM 62913M107 27,118 1,033,854 SH   SOLE 1 1,033,854 0 0
NiSource Inc. COM 65473P105 25,520 577,908 SH   SOLE 1,2 577,908 0 0
Norfolk Southern Corporation COM 655844108 2,354 22,869 SH   SOLE 1 21,569 0 1,300
NRG Yield Inc. COM 62942X108 524 10,321 SH   SOLE 1 10,321 0 0
NuStar Energy LP COM 67058H102 16,437 270,788 SH   SOLE 1 270,788 0 0
NuStar GP Holdings LLC COM 67059L102 4,499 127,101 SH   SOLE 1 127,101 0 0
Nuveen California AMT-Free Municipal Income Fund COM 670651108 1,364 91,297 SH   SOLE 1 91,297 0 0
Nuveen Dividend Advantage Municipal Fund 2 COM 67070F100 1,185 83,582 SH   SOLE 1 83,582 0 0
Nuveen Dow 30 Dynamic Overwite COM 67075F105 1,037 68,365 SH   SOLE 1 68,365 0 0
Nuveen Energy MLP Total Return COM 67074U103 5,334 291,162 SH   SOLE 1 291,162 0 0
Nuveen Floating rate Income COM 67072T108 1,230 108,716 SH   SOLE 1 106,290 0 2,426
Nuveen Floating Rate Income Opportunity Fund COM 6706EN100 1,116 95,962 SH   SOLE 1 86,314 0 9,648
Nuveen Mtg Opportunity COM 670735109 89 3,805 SH   SOLE 1 0 0 3,805
Nuveen Mtg Oppty Term F COM 67074R100 853 37,715 SH   SOLE 1 34,500 0 3,215
Nuveen Multi-Strategy Income & Growth 2 COM 67073D102 5,515 609,429 SH   SOLE 1 594,781 0 14,648
Nuveen Muni Mkt Opportunity COM 67062W103 1,969 143,757 SH   SOLE 1 143,757 0 0
Nuveen New York AMT-Free Municipal Income Fund COM 670656107 939 71,821 SH   SOLE 1 71,821 0 0
Nuveen Performance Plus Muni COM 67062P108 791 53,198 SH   SOLE 1 53,198 0 0
Nuveen Preferred & Income Term Fund COM 67075A106 7,910 337,591 SH   SOLE 1 323,113 0 14,478
Nuveen Preferred Income Opportunities Fund COM 67073B106 15,418 1,617,859 SH   SOLE 1 1,581,886 0 35,973
Nuveen Premier Muni Inc Fd COM 670988104 2,107 151,598 SH   SOLE 1 151,598 0 0
Nuveen Premium Inc Muni Fd 2 COM 67063W102 2,909 204,984 SH   SOLE 1 204,984 0 0
Nuveen Premium Inc Muni Fd 4 COM 6706K4105 1,801 134,519 SH   SOLE 1 134,519 0 0
Nuveen Real Estate Income Fund COM 67071B108 8,631 724,103 SH   SOLE 1 724,103 0 0
NuveeN S&P 500 B-W Income COM 6706ER101 1,993 155,685 SH   SOLE 1 155,685 0 0
Nuveen Select Qualty Muni Fd COM 670973106 924 65,566 SH   SOLE 1 65,566 0 0
Nuveen Senior Income Fund COM 67067Y104 792 118,979 SH   SOLE 1 118,979 0 0
Nuveen Short Duration Credit COM 67074X107 1,428 83,290 SH   SOLE 1 75,205 0 8,085
Nuveen Tax-Adv Tot Ret Strat COM 67090H102 3,140 231,869 SH   SOLE 1 231,869 0 0
Nuveen Tax-Advantaged Dividend Growth Fund COM 67073G105 3,428 214,901 SH   SOLE 1 214,901 0 0
Occidental Petroleum Corporation COM 674599105 110 1,500 SH   SOLE 1 0 0 1,500
Omega Healthcare Investors COM 681936100 359,302 8,856,353 SH   SOLE 1,2 3,747,850 0 5,108,503
Oneok Inc. COM 682680103 1,462 30,301 SH   SOLE 1 30,301 0 0
ONEOK Partners LP COM 68268N103 16 399 SH   SOLE 1 399 0 0
Oracle Corporation COM 68389X105 7,098 164,500 SH   SOLE 1 0 0 164,500
PACCAR Inc COM 693718108 12,521 198,300 SH   SOLE 1 89,000 0 109,300
Paramount Group Inc COM 69924R108 36 1,883 SH   SOLE 1 0 0 1,883
Parkway Properties Inc. COM 70159Q104 3,497 201,572 SH   SOLE 1 201,572 0 0
Pattern Energy Group Inc. COM 70338P100 32,999 1,165,203 SH   SOLE 1,2 1,133,541 0 31,662
Pebblebrook Hotel Trust COM 70509V100 104,138 2,236,163 SH   SOLE 1 0 0 2,236,163
Pembina Pipeline Corp COM 706327103 796 25,178 SH   SOLE 1 25,178 0 0
Penn Real Estate Investment Trust COM 709102107 196,750 8,469,653 SH   SOLE 1,2 6,882,409 0 1,587,244
Perrigo Company plc COM G97822103 16,055 96,980 SH   SOLE 1 41,992 0 54,988
Pfizer Inc. COM 717081103 13,438 386,267 SH   SOLE 1 217,484 0 168,783
PG&E Corporation COM 69331C108 83,443 1,572,321 SH   SOLE 1,2 1,549,022 0 23,299
Phillips 66 COM 718546104 817 10,394 SH   SOLE 1 10,394 0 0
Physicians Realty Trust COM 71943U104 77,939 4,425,848 SH   SOLE 1,2 3,267,144 0 1,158,704
PIMCO Corporate Opportunity COM 72201B101 7,391 468,689 SH   SOLE 1 454,164 0 14,525
Pimco Dynamic Credit Income COM 72202D106 16,141 790,431 SH   SOLE 1 771,934 0 18,497
Pimco Dynamic Income Fund COM 72201Y101 13,995 482,571 SH   SOLE 1 467,677 0 14,894
PIMCO Income Opportunity Fund COM 72202B100 13,497 528,242 SH   SOLE 1 512,784 0 15,458
PIMCO Income Strategy Fund II COM 72201J104 14,589 1,453,112 SH   SOLE 1 1,411,007 0 42,105
Pimco Municipal Income Fund II COM 72200W106 5,265 421,892 SH   SOLE 1 421,892 0 0
PIMCO Municipal Income Fund III COM 72201A103 1,142 98,792 SH   SOLE 1 98,792 0 0
Pinnacle Foods Inc Del COM 72348P104 2,158 52,874 SH   SOLE 1 52,874 0 0
Pioneer Diversified High Income COM 723653101 997 57,193 SH   SOLE 1 57,193 0 0
Pioneer Floating Rate Trust COM 72369J102 2,094 180,066 SH   SOLE 1 167,477 0 12,589
Pioneer High Income Trust COM 72369H106 3,901 303,115 SH   SOLE 1 294,435 0 8,680
Plains All American Pipeline LP COM 726503105 38 772 SH   SOLE 1 772 0 0
Plains GP Holdings LP COM 72651A108 13,678 482,122 SH   SOLE 1 482,122 0 0
Potash Corp of Saskatchewan - US COM 73755L107 7,637 236,794 SH   SOLE 1 236,794 0 0
Potash Corporation of Saskatchewan Inc. COM 73755L107 8,569 265,797 SH   SOLE 1 67,197 0 198,600
PPL Corporation COM 69351T106 2,021 60,045 SH   SOLE 1,2 43,529 0 16,516
ProLogis Inc. COM 74340W103 955,362 21,932,105 SH   SOLE 1,2 10,075,812 0 11,856,293
PS Business Parks Inc. COM 69360J107 40,902 492,561 SH   SOLE 1 246,432 0 246,129
Public Storage COM 74460D109 1,316,417 6,677,575 SH   SOLE 1,2 3,945,859 0 2,731,716
Putnam Premier Income Trust COM 746853100 1,832 347,600 SH   SOLE 1 347,600 0 0
QTS Realty Trust Inc. Cl-A COM 74736A103 129,669 3,561,349 SH   SOLE 1,2 3,257,987 0 303,362
Qualcomm Incorporated COM 747525103 3,654 52,700 SH   SOLE 1 0 0 52,700
Ramco-Gershenson Properties COM 751452202 36,944 1,986,241 SH   SOLE 1 1,986,241 0 0
Realty Income Corporation COM 756109104 88,258 1,710,425 SH   SOLE 1 0 0 1,710,425
Reaves Utility Income Fund COM 756158101 1,336 44,165 SH   SOLE 1 44,165 0 0
Regency Centers Corporation COM 758849103 842,720 12,385,653 SH   SOLE 1,2 6,559,619 0 5,826,034
Regency Energy Partners Lp COM 75885Y107 9,435 412,567 SH   SOLE 1 412,567 0 0
Republic Services Inc. COM 760759100 142 3,500 SH   SOLE 1 0 0 3,500
Retail Properties of America COM 76131V202 451,021 28,136,085 SH   SOLE 1,2 12,731,222 0 15,404,863
Rexford Industrial Realty Inc COM 76169C100 56,019 3,543,265 SH   SOLE 1,2 2,504,855 0 1,038,410
Rice Midstream Partners LP COM 762819100 4,525 320,669 SH   SOLE 1 320,669 0 0
Rogers Communications Inc COM 775109200 94 2,800 SH   SOLE 1 0 0 2,800
Rose Rock Midstream LP COM 777149105 16,916 356,124 SH   SOLE 1 356,124 0 0
Ross Stores Inc COM 778296103 16,183 153,600 SH   SOLE 1 75,700 0 77,900
Royal Bank of Scotland 6.35% (RBS N) PFD 780097770 133 5,336 SH   SOLE 1 400 0 4,936
Royal Bank of Scotland Pr.H PFD 780097879 73 2,836 SH   SOLE 1 200 0 2,636
SanDisk Corporation COM 80004C101 9,667 151,953 SH   SOLE 1 63,653 0 88,300
SBA Communications Corporation COM 78388J106 29,987 256,077 SH   SOLE 1,2 256,077 0 0
Schlumberger Ltd. COM 806857108 4,339 52,000 SH   SOLE 1 13,500 0 38,500
Seadrill Partners LLC COM Y7545W109 3,116 265,152 SH   SOLE 1 265,152 0 0
Semgroup Corp COM 81663A105 17,048 209,591 SH   SOLE 1 209,591 0 0
Sempra Energy COM 816851109 151,599 1,390,559 SH   SOLE 1,2 1,362,501 0 28,058
Shell Midstream Partners LP COM 822634101 8,709 223,306 SH   SOLE 1 223,306 0 0
Simon Property Group Inc. COM 828806109 3,348,307 17,114,632 SH   SOLE 1,2 9,543,003 0 7,571,629
SL Green Realty Corp. COM 78440X101 1,543,367 12,021,868 SH   SOLE 1,2 6,875,394 0 5,146,474
Southcross Energy Partners L COM 84130C100 5,490 392,123 SH   SOLE 1 392,123 0 0
Southern Copper Corp COM 84265V105 1,259 43,160 SH   SOLE 1 43,160 0 0
Sovran Self Storage Inc. COM 84610H108 221,048 2,353,077 SH   SOLE 1,2 2,198,165 0 154,912
Spdr Gold Trust COM 78463V107 1,599 14,071 SH   SOLE 1 14,071 0 0
SPDR Trust Series 1 COM 78462F103 16,433 79,608 SH   SOLE 1 79,608 0 0
Spectra Energy Corp COM 847560109 15,913 439,941 SH   SOLE 1 395,252 0 44,689
Spectra Energy Partners LP COM 84756N109 6,420 123,957 SH   SOLE 1 123,957 0 0
Spirit Realty Capital COM 84860W102 456,910 37,823,657 SH   SOLE 1,2 17,194,374 0 20,629,283
Sprague Resources COM 849343108 9,146 353,945 SH   SOLE 1 353,945 0 0
SPX Corporation COM 784635104 13,581 159,964 SH   SOLE 1 58,524 0 101,440
STAG Industrial COM 85254J102 42,128 1,791,146 SH   SOLE 1 1,791,146 0 0
Starbucks Corporation COM 855244109 11,563 122,100 SH   SOLE 1 31,300 0 90,800
Starwood Waypoint Reside COM 85571W109 84,737 3,278,040 SH   SOLE 1,2 2,571,104 0 706,936
Stillwater Mng Co COM 86074Q102 1,023 79,169 SH   SOLE 1 79,169 0 0
Stone Harbor Emerging Market COM 86164T107 1,318 84,952 SH   SOLE 1 76,574 0 8,378
Strategic Hotels & Resorts I COM 86272T106 251,885 20,264,291 SH   SOLE 1 11,663,573 0 8,600,718
Suburban Propane Partners LP COM 864482104 6,974 162,288 SH   SOLE 1 162,288 0 0
Summit Midstream Partners Lp COM 866142102 7,178 223,131 SH   SOLE 1 223,131 0 0
Sun Communities Inc. COM 866674104 316,471 4,743,263 SH   SOLE 1,2 3,977,767 0 765,496
Suncor Energy Inc COM 867224107 1,438 49,220 SH   SOLE 1 42,620 0 6,600
Sunoco Logistics Partners LP COM 86764L108 5,309 128,423 SH   SOLE 1 128,423 0 0
Sunstone Hotel Investors Inc. COM 867892101 335,668 20,136,029 SH   SOLE 1,2 12,017,582 0 8,118,447
Sunstone Hotel Pr. D PFD 867892507 19,865 761,095 SH   SOLE 1 652,745 0 108,350
Tallgrass Energy Partners LP COM 874697105 20,903 413,356 SH   SOLE 1 413,356 0 0
Targa Resources Corp COM 87612G101 3,866 40,354 SH   SOLE 1 40,354 0 0
Targa Resources Partners Lp COM 87611X105 10,590 256,046 SH   SOLE 1 256,046 0 0
Taubman Centers Inc. COM 876664103 67,825 879,355 SH   SOLE 1,2 847,371 0 31,984
TC Pipelines LP COM 87233Q108 7,118 109,255 SH   SOLE 1 109,255 0 0
TE Connectivity Ltd. COM H84989104 1,645 22,964 SH   SOLE 1 21,364 0 1,600
Teekay Corp. COM Y8564W103 43,222 928,114 SH   SOLE 1,2 911,452 0 16,662
Teekay Lng Partners Lp COM Y8564M105 1,486 39,785 SH   SOLE 1 39,785 0 0
Teekay Offshore Partners Lp COM Y8565J101 16,914 801,232 SH   SOLE 1 801,232 0 0
Templeton Global Income Fund COM 880198106 486 67,615 SH   SOLE 1 61,609 0 6,006
Tesoro Logistics LP COM 88160T107 615 11,436 SH   SOLE 1 11,436 0 0
The Allstate Corporation COM 020002101 15,202 213,600 SH   SOLE 1 155,800 0 57,800
The American Express Co. COM 025816109 5,515 70,600 SH   SOLE 1 25,400 0 45,200
The Est?e Lauder Companies Inc. COM 518439104 5,904 71,000 SH   SOLE 1 0 0 71,000
The Hartford Financial Services Group Inc. COM 416515104 16,343 390,800 SH   SOLE 1 209,100 0 181,700
The Home Depot Inc. COM 437076102 7,725 68,000 SH   SOLE 1 0 0 68,000
The Kroger Co. COM 501044101 45,856 598,168 SH   SOLE 1 276,968 0 321,200
The Macerich Company COM 554382101 903,608 10,715,147 SH   SOLE 1,2 6,395,904 0 4,319,243
The Mosaic Company COM 61945C103 1,998 43,374 SH   SOLE 1 43,374 0 0
The PNC Financial Services Group Inc. COM 693475105 3,375 36,200 SH   SOLE 1 36,200 0 0
The Procter & Gamble Company COM 742718109 270 3,300 SH   SOLE 1 0 0 3,300
The Southern Company COM 842587107 3,735 84,357 SH   SOLE 1 64,230 0 20,127
The Walt Disney Company COM 254687106 35,305 336,593 SH   SOLE 1 128,593 0 208,000
The Williams Companies Inc. COM 969457100 118,063 2,333,725 SH   SOLE 1,2 2,273,173 0 60,552
Thermo Fisher Scientific Inc. COM 883556102 17,249 128,401 SH   SOLE 1 57,810 0 70,591
Toll Brothers Inc. COM 889478103 60,762 1,544,526 SH   SOLE 1,2 1,400,985 0 143,541
Tortoise Energy Infrastructu COM 89147L100 3,082 73,335 SH   SOLE 1 73,335 0 0
TransCanada Corp. COM 89353D107 74,942 1,752,464 SH   SOLE 1 1,678,989 0 73,475
Transocean Partners LLP COM Y8977Y100 855 69,810 SH   SOLE 1 69,810 0 0
Tyson Foods Inc COM 902494103 44,072 1,150,693 SH   SOLE 1 577,193 0 573,500
UDR Inc. COM 902653104 1,275,303 37,475,859 SH   SOLE 1,2 23,681,194 0 13,794,665
UMH Properties 8.25% (UMH.PRA) PFD 903002202 4,275 164,795 SH   SOLE 1 50,000 0 114,795
Union Pacific Corporation COM 907818108 121,656 1,123,220 SH   SOLE 1,2 1,108,481 0 14,739
United Continental Holdings Inc. COM 910047109 29,565 439,624 SH   SOLE 1 221,324 0 218,300
United Parcel Service Inc. COM 911312106 194 2,000 SH   SOLE 1 0 0 2,000
United Technologies Corporation COM 913017109 8,884 75,800 SH   SOLE 1 0 0 75,800
Universal Health Services Inc. COM 913903100 22,436 190,600 SH   SOLE 1 75,800 0 114,800
Urban Edge Properties COM 91704F104 161,438 6,811,717 SH   SOLE 1,2 4,325,874 0 2,485,843
Urstadt Biddle Prop Pr.G PFD 917286809 5,510 210,000 SH   SOLE 1 39,700 0 170,300
USA Compression Partners LP COM 90290N109 16,462 804,186 SH   SOLE 1 804,186 0 0
USD Partners LP COM 903318103 4,440 317,609 SH   SOLE 1 317,609 0 0
V.F. Corporation COM 918204108 18,466 245,200 SH   SOLE 1 95,600 0 149,600
Valero Energy Partners COM 91914J102 7,844 162,071 SH   SOLE 1 162,071 0 0
Van Kampen Dynamic Credit Op COM 46132R104 1,380 115,326 SH   SOLE 1 115,326 0 0
Vanguard S&P 500 ETF COM 922908363 5,943 31,409 SH   SOLE 1 31,409 0 0
Ventas Inc. COM 92276F100 506,364 6,934,596 SH   SOLE 1 1,314,229 0 5,620,367
Verizon Communications Inc. COM 92343V104 22,049 453,400 SH   SOLE 1 232,300 0 221,100
Visa Inc. COM 92826C839 19,269 294,592 SH   SOLE 1 103,892 0 190,700
Vornado Realty Trust COM 929042109 1,732,709 15,470,613 SH   SOLE 1,2 9,020,058 0 6,450,555
Vtti Energy Partners LP COM Y9384M101 3,754 151,235 SH   SOLE 1 151,235 0 0
W.W. Grainger Inc. COM 384802104 7,805 33,100 SH   SOLE 1 4,400 0 28,700
Wal-Mart Stores Inc. COM 931142103 8,722 106,043 SH   SOLE 1 21,143 0 84,900
Weingarten Realty Investors COM 948741103 557,312 15,489,504 SH   SOLE 1,2 7,818,619 0 7,670,885
Wells Fargo & Company COM 949746101 24,410 448,713 SH   SOLE 1 241,187 0 207,526
Wells Fargo Advantage Income Opportunities Fund COM 94987B105 1,742 197,938 SH   SOLE 1 173,800 0 24,138
Wells Fargo Advantage Multi-sector COM 94987D101 2,432 182,158 SH   SOLE 1 161,978 0 20,180
Wells Fargo Co 7.5% (WFC L) PFD 949746804 11,075 9,056 SH   SOLE 1 9,056 0 0
Western Asset Global Cp COM 95790C107 1,430 80,815 SH   SOLE 1 71,806 0 9,009
Western Asset Global High In COM 95766B109 1,245 112,050 SH   SOLE 1 96,400 0 15,650
Western Asset High Yield Defined Opportunity COM 95768B107 1,378 84,285 SH   SOLE 1 75,800 0 8,485
Western Asset Municipal Part COM 95766P108 507 32,555 SH   SOLE 1 32,555 0 0
Western Asset Premier Bond COM 957664105 816 58,561 SH   SOLE 1 58,561 0 0
Western Gas Partners LP COM 958254104 9 135 SH   SOLE 1 135 0 0
Williams Partners LP COM 96949L105 44,142 896,830 SH   SOLE 1 896,830 0 0
Wisconsin Energy Corporation COM 976657106 896 18,094 SH   SOLE 1 18,094 0 0
WP Glimcher Inc COM 92939N102 34,471 2,072,823 SH   SOLE 1 582,278 0 1,490,545
Xcel Energy Inc. COM 98389B100 47,710 1,370,597 SH   SOLE 1 1,370,597 0 0
Xilinx Inc COM 983919101 14,171 335,000 SH   SOLE 1 159,800 0 175,200
Zimmer Holdings Inc. COM 98956P102 22,999 195,700 SH   SOLE 1 89,300 0 106,400