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 COMPANY COMMON STOCK 88579Y101 350 2,471 SH   SOLE 0 741 0 1,730
A T & T INC NEW COMMON STOCK 00206R102 1,512 42,916 SH   SOLE 0 12,875 0 30,041
ABBVIE INC COMMON STOCK 00287Y109 312 5,400 SH   SOLE 0 1,620 0 3,780
AEGON NV 6.375% PFD PREFERRED STOCK 007924301 3,613 142,024 SH   SOLE 0 42,607 0 99,417
AETNA US HEALTHCARE INC COM COMMON STOCK 00817Y108 5,461 67,425 SH   SOLE 0 20,228 0 47,198
ALCOA INC COMMON STOCK 013817101 9,980 620,250 SH   SOLE 0 186,075 0 434,175
ALEXION PHARMACEUTICAL COMMON STOCK 015351109 1,365 8,232 SH   SOLE 0 2,470 0 5,763
ALLIANCE DATA SYS CORP COM COMMON STOCK 018581108 3,132 12,615 SH   SOLE 0 3,784 0 8,830
ALLIANCE RESOURCE PARTNERS L P UNIT COMMON STOCK 01877R108 343 8,000 SH   SOLE 0 2,400 0 5,600
ALLSTATE 6.75% SER C PERP PREFERRED STOCK 020002606 206 7,900 SH   SOLE 0 2,370 0 5,530
ALLSTATE CORP 6.625% PFD SER E PREFERRED STOCK 020002879 1,953 76,300 SH   SOLE 0 22,890 0 53,410
ALTRIA GROUP INC COMMON STOCK 02209S103 1,623 35,331 SH   SOLE 0 10,599 0 24,732
AMERICAN EXPRESS COMPANY COMMON STOCK 025816109 428 4,886 SH   SOLE 0 1,466 0 3,420
AMERICAN INTL GROUP COM COMMON STOCK 026874784 17,628 326,326 SH   SOLE 0 97,898 0 228,428
AMGEN INC COMMON STOCK 031162100 249 1,770 SH   SOLE 0 531 0 1,239
ANN INC COMMON STOCK 035623107 7,299 177,458 SH   SOLE 0 53,237 0 124,221
APPLE INC COMMON STOCK 037833100 41,955 416,426 SH   SOLE 0 124,928 0 291,498
ARCHER DANIELS- MIDLAND CO COMMON STOCK 039483102 15,030 294,133 SH   SOLE 0 88,240 0 205,893
AXIS CAPITAL HLDGS LTD PFD 6.875% S PREFERRED STOCK BMG0692U3 1,728 66,700 SH   SOLE 0 20,010 0 46,690
BAC CAP TR VIII 6.00%35 TR PFD PREFERRED STOCK 05518T209 1,308 51,600 SH   SOLE 0 15,480 0 36,120
BANK OF AMERICA CORP COMMON STOCK 060505104 611 35,840 SH   SOLE 0 10,752 0 25,088
Barclays Short Term High Yield Bond FIXED INCOME ETF 78468R408 1,029 34,396 SH   SOLE 0 10,319 0 24,077
BB&T CORPORATION PFD 5.625% SER E PREFERRED STOCK 054937404 1,529 66,070 SH   SOLE 0 19,821 0 46,249
BERKSHIRE HATHAWAY CL A COMMON STOCK 084670108 1,138 6 SH   SOLE 0 2 0 4
BERKSHIRE HATHAWAY CL B COMMON STOCK 084670702 12,520 90,636 SH   SOLE 0 27,191 0 63,445
BIOGEN IDEC INC COMMON STOCK 09062X103 55,929 169,067 SH   SOLE 0 70,378 0 72,007
BOSTON BEER CO INC CL A CLASS A COMMON STOCK 100557107 18,565 83,716 SH   SOLE 0 34,072 0 36,753
BP PLC Sponsored ADR AMERICAN DEPOSITORY 055622104 865 19,690 SH   SOLE 0 5,907 0 13,783
BRISTOL-MYERS SQUIBB CO COMMON STOCK 110122108 3,544 69,247 SH   SOLE 0 20,774 0 48,473
C I T GROUP INC NEW COMMON STOCK 125581801 27,172 591,217 SH   SOLE 0 262,476 0 213,095
CABOT OIL & GAS CORP COM COMMON STOCK 127097103 7,955 243,343 SH   SOLE 0 73,003 0 170,340
CAPITAL ONE FINANCIAL CO PFD 6.00% PREFERRED STOCK 14040H402 473 20,210 SH   SOLE 0 6,063 0 14,147
CATERPILLAR INC COMMON STOCK 149123101 264 2,668 SH   SOLE 0 800 0 1,868
CELGENE CORP COMMON STOCK 151020104 38,852 409,922 SH   SOLE 0 181,623 0 149,707
CENTERPOINT ENERGY INC COM COMMON STOCK 15189T107 1,129 46,130 SH   SOLE 0 13,839 0 32,291
CHENIERE ENERGY INC COMMON STOCK 16411R208 2,324 29,040 SH   SOLE 0 8,712 0 20,328
CHEVRON CORPORATION COMMON STOCK 166764100 455 3,815 SH   SOLE 0 1,144 0 2,670
CHURCH & DWIGHT CO INC COMMON STOCK 171340102 731 10,417 SH   SOLE 0 3,125 0 7,292
CITIGROUP CAPITAL XIII PFD 7.875% PREFERRED STOCK 173080201 374 13,885 SH   SOLE 0 4,166 0 9,720
CITIGROUP INC COMMON STOCK 172967424 329 6,351 SH   SOLE 0 1,905 0 4,446
CME GROUP INC CL A CLASS A COMMON STOCK 12572Q105 31,964 399,780 SH   SOLE 0 175,040 0 149,180
COGNEX CORPORATION COMMON STOCK 192422103 322 8,000 SH   SOLE 0 2,400 0 5,600
COMCAST CORP PFD 5.0% 12/15/61 SERI PREFERRED STOCK 20030N606 992 39,455 SH   SOLE 0 11,836 0 27,618
CONAGRA FOODS INC COMMON STOCK 205887102 2,511 76,000 SH   SOLE 0 22,800 0 53,200
CONOCOPHILLIPS COMMON STOCK 20825C104 420 5,492 SH   SOLE 0 1,648 0 3,845
COSTCO WHSL CORP COMMON STOCK 22160K105 648 5,169 SH   SOLE 0 1,551 0 3,618
CROWN CASTLE INTL 4.5% PFD SERIES A PREFERRED STOCK 228227500 476 4,525 SH   SOLE 0 1,358 0 3,168
CVS HEALTH CORP COMMON STOCK 126650100 53,926 677,542 SH   SOLE 0 290,684 0 269,944
DANAHER CORP DEL COM COMMON STOCK 235851102 550 7,236 SH   SOLE 0 2,171 0 5,065
DAVITA HEALTHCARE COMMON STOCK 23918K108 3,124 42,709 SH   SOLE 0 12,813 0 29,896
DEUTSCHE BANK 6.625% PFD CAPITAL FN PREFERRED STOCK 25153Y206 3,970 156,355 SH   SOLE 0 46,906 0 109,448
DILLARDS CAP TR I 7.5%38 CAP SECS D PREFERRED STOCK 25406P200 355 13,719 SH   SOLE 0 4,116 0 9,603
DISCOVER FIN SVS 6.50% SER B PREFERRED STOCK 254709207 3,218 127,581 SH   SOLE 0 38,274 0 89,307
DISCOVER FINANCIAL SVCS COMMON STOCK 254709108 82,151 1,275,842 SH   SOLE 0 530,081 0 547,437
DISNEY WALT CO COMMON STOCK 254687106 231 2,598 SH   SOLE 0 779 0 1,819
DOMINO'S PIZZA, INC COMMON STOCK 25754A201 492 6,393 SH   SOLE 0 1,918 0 4,475
DOW CHEMICAL COMPANY COMMON STOCK 260543103 2,534 48,330 SH   SOLE 0 14,499 0 33,831
DU PONT E I DE NEMOUR&CO COMMON STOCK 263534109 16,092 224,252 SH   SOLE 0 97,797 0 85,940
DUKE ENERGY CORP NEW COMMON STOCK 26441C204 1,842 24,637 SH   SOLE 0 7,391 0 17,246
E O G RESOURCES INC COMMON STOCK 26875P101 38,051 384,281 SH   SOLE 0 156,957 0 171,132
EATON CORPORATION COMMON STOCK G29183103 12,759 201,347 SH   SOLE 0 52,568 0 122,903
EL PASO PIPELINE PARTNERS LP COMMON STOCK 283702108 462 11,500 SH   SOLE 0 3,450 0 8,050
ELI LILLY & CO COMMON STOCK 532457108 2,860 44,105 SH   SOLE 0 13,232 0 30,874
ENBRIDGE ENERGY PRTNRS LP COMMON STOCK 29250R106 1,190 30,620 SH   SOLE 0 9,186 0 21,434
ENERGY XXI LTD COMMON STOCK G10082140 223 19,650 SH   SOLE 0 5,895 0 13,755
ENTERGY CORP NEW COM COMMON STOCK 29364G103 1,815 23,473 SH   SOLE 0 7,042 0 16,431
ENTERGY MISSISSIPPI 2051 1ST MTG BN PREFERRED STOCK 29364N835 1,179 46,145 SH   SOLE 0 13,844 0 32,302
ENTERPRISE PRD PRTNRS LP COMMON STOCK 293792107 11,150 276,666 SH   SOLE 0 83,000 0 193,666
EQUITY COMMONWEALTH COMMON STOCK 294628102 13,009 505,996 SH   SOLE 0 227,167 0 176,332
EQUITY COMMONWEALTH 5.75% PFD PREFERRED STOCK 294628508 596 27,475 SH   SOLE 0 8,242 0 19,232
ETRACS 2X LEVERAGED LONG ALERIAN ML EXCHANGE TRADED FUND 902664200 718 9,791 SH   SOLE 0 2,937 0 6,854
ETRACS ALERIAN INFRASTRUCTURE INDEX EXCHANGE TRADED FUND 902641646 15,422 337,314 SH   SOLE 0 149,498 0 122,789
EXXON MOBIL CORPORATION COMMON STOCK 30231G102 1,645 17,487 SH   SOLE 0 5,246 0 12,241
FACEBOOK INC COMMON STOCK 30303M102 54,438 688,734 SH   SOLE 0 291,229 0 287,413
FANUC LTD UNSPON ADR AMERICAN DEPOSITORY 307305102 24,843 822,612 SH   SOLE 0 364,033 0 296,629
FARMER MAC PFD 5.875% SERIES PREFERRED STOCK 313148801 242 10,075 SH   SOLE 0 3,022 0 7,052
FLOWSERVE CORPORATION COMMON STOCK 34354P105 34,764 492,959 SH   SOLE 0 220,140 0 184,086
FREEPORT MCMORAN COPPER A' COMMON STOCK 35671D857 626 19,166 SH   SOLE 0 5,750 0 13,416
GALLAGHER ARTHUR J & CO COMMON STOCK 363576109 1,315 29,000 SH   SOLE 0 8,700 0 20,300
GENERAL ELECTRIC COMPANY COMMON STOCK 369604103 4,247 165,783 SH   SOLE 0 49,735 0 116,048
GETTY REALTY CORP NEW COMMON STOCK 374297109 701 41,250 SH   SOLE 0 12,375 0 28,875
GILEAD SCIENCES INC. COMMON STOCK 375558103 10,211 95,922 SH   SOLE 0 28,777 0 67,145
GLOBAL PARTNERS LP COM UNITS COMMON STOCK 37946r109 717 17,200 SH   SOLE 0 5,160 0 12,040
GOLDMAN SACHS 6.125%60 SENIOR NT DU PREFERRED STOCK 38145X111 3,116 120,000 SH   SOLE 0 36,000 0 84,000
GOOGLE INC - CLASS A COMMON STOCK 38259P508 9,077 15,427 SH   SOLE 0 4,628 0 10,799
GOOGLE INC - CLASS C COMMON STOCK 38259P706 5,118 8,865 SH   SOLE 0 2,660 0 6,206
GULFPORT ENERGY COMMON STOCK 402635304 818 15,315 SH   SOLE 0 4,594 0 10,720
HARTE-HANKS INC COM COMMON STOCK 416196103 205 32,168 SH   SOLE 0 9,650 0 22,518
HAWAIIAN ELEC INDS COM COMMON STOCK 419870100 645 24,291 SH   SOLE 0 7,287 0 17,004
HCA INC COMMON STOCK 404119109 356 5,050 SH   SOLE 0 1,515 0 3,535
HESS CORP COMMON STOCK 42809H107 52,841 560,229 SH   SOLE 0 237,686 0 228,459
HOLLY ENERGY PARTNERS COMMON STOCK 435763107 1,090 29,958 SH   SOLE 0 8,987 0 20,971
HOME DEPOT INC COMMON STOCK 437076102 42,567 463,991 SH   SOLE 0 189,077 0 211,053
HONEYWELL INTERNATIONAL COMMON STOCK 438516106 9,265 99,498 SH   SOLE 0 29,849 0 69,648
HSBC HLDGS PLC 8% PFD E PERPETUAL S PREFERRED STOCK 404280802 1,682 63,127 SH   SOLE 0 18,938 0 44,189
HSBC HOLDINGS 6.20% PREFERRED STOCK 404280604 256 10,165 SH   SOLE 0 3,050 0 7,116
HSBC USA INC SERIES G ADJ RATE PREFERRED STOCK 40428H888 878 38,235 SH   SOLE 0 11,470 0 26,764
HUGOTON ROYALTY TRUST TEXAS UNIT BE COMMON STOCK 444717102 474 52,800 SH   SOLE 0 15,840 0 36,960
INTEL CORP CONVERTIBLE BONDS 458140AD2 954 750,000 SH   SOLE 0 225,000 0 525,000
INTERNATIONAL PAPER CO COMMON STOCK 460146103 541 11,325 SH   SOLE 0 3,398 0 7,928
INTL BUSINESS MACHINES COMMON STOCK 459200101 1,349 7,105 SH   SOLE 0 2,132 0 4,974
JOHNSON & JOHNSON COMMON STOCK 478160104 5,052 47,400 SH   SOLE 0 14,220 0 33,180
JP MORGAN ALERIAN MLP INDEX FIXED INCOME ETF 46625H365 242 4,550 SH   SOLE 0 1,365 0 3,185
JP MORGAN CHASE 6.70%40 GTD CAP SEC PREFERRED STOCK 48125E207 2,577 100,820 SH   SOLE 0 30,246 0 70,574
JP MORGAN CHASE SER T 6.7% PREFERRED STOCK 48127A161 575 22,500 SH   SOLE 0 6,750 0 15,750
JPMORGAN CHASE & CO COMMON STOCK 46625H100 3,448 57,242 SH   SOLE 0 17,173 0 40,070
KANSAS CITY SOUTHERN NEW COMMON STOCK 485170302 39,861 328,887 SH   SOLE 0 145,048 0 120,952
KEYCORP COMMON STOCK 493267108 216 16,216 SH   SOLE 0 4,865 0 11,351
KIMCO REALTY CORP 6.00% PFD SERIES PREFERRED STOCK 49446R794 4,564 182,933 SH   SOLE 0 54,880 0 128,053
KINDER MORGAN ENERGY LP UNIT COMMON STOCK 494550106 1,483 15,901 SH   SOLE 0 4,770 0 11,131
KINDER MORGAN INC COMMON STOCK 49456B101 2,963 77,282 SH   SOLE 0 23,185 0 54,097
KINDER MORGAN MGMT LLC COMMON STOCK 49455U100 34,420 365,583 SH   SOLE 0 164,183 0 127,705
KKR & CO LP COMMON STOCK 48248M102 1,001 44,900 SH   SOLE 0 13,470 0 31,430
KKR FINANCIAL HOLDINGS 7.50% PFD PREFERRED STOCK 48248A504 1,034 38,746 SH   SOLE 0 11,624 0 27,122
KRAFT FOODS GROUP, INC COMMON STOCK 50076Q106 1,812 32,127 SH   SOLE 0 9,638 0 22,489
LOCKHEED MARTIN CORP COMMON STOCK 539830109 3,201 17,511 SH   SOLE 0 5,253 0 12,258
LORILLARD INC COMMON STOCK 544147101 2,749 45,878 SH   SOLE 0 13,763 0 32,115
LYONDELLBASELL INDS F CLASS A COMMON STOCK N53745100 82,964 763,519 SH   SOLE 0 318,228 0 325,016
M D U RESOURCES GROUP COMMON STOCK 552690109 356 12,797 SH   SOLE 0 3,839 0 8,958
M S CAP TRUST VI 6.60%46 CAP SECS D PREFERRED STOCK 617461207 227 8,900 SH   SOLE 0 2,670 0 6,230
MACY'S INC COMMON STOCK 55616P104 279 4,790 SH   SOLE 0 1,437 0 3,353
MALLINCKRODT PLC COMMON STOCK G5785G107 42,406 470,392 SH   SOLE 0 210,358 0 167,585
MARKET VECTORS HI YLD MUNI FIXED INCOME ETF 57060U878 347 11,277 SH   SOLE 0 3,383 0 7,894
MARSH & MC LENNAN CO INC COMMON STOCK 571748102 1,134 21,662 SH   SOLE 0 6,499 0 15,163
MASTERCARD INC COMMON STOCK 57636Q104 8,501 115,005 SH   SOLE 0 34,501 0 80,503
MC DONALDS CORP COMMON STOCK 580135101 7,640 80,582 SH   SOLE 0 24,175 0 56,407
MEAD JOHNSON NUTRITION COMMON STOCK 582839106 212 2,203 SH   SOLE 0 661 0 1,542
MERCK & CO INC NEW COMMON STOCK 58933Y105 46,464 783,803 SH   SOLE 0 325,521 0 338,231
METLIFE 6.50% SER B PREFERRED STOCK 59156R603 2,230 87,050 SH   SOLE 0 26,115 0 60,935
MICROCHIP TECHNOLOGY INC COMMON STOCK 595017104 47,063 996,469 SH   SOLE 0 414,253 0 426,357
MICRON TECHNOLOGY INC COM COMMON STOCK 595112103 3,261 95,187 SH   SOLE 0 28,556 0 66,631
MICROSOFT CORP COMMON STOCK 594918104 43,572 939,866 SH   SOLE 0 408,080 0 361,208
MONDELEZ INTERNATIONAL INC COMMON STOCK 609207105 2,951 86,113 SH   SOLE 0 25,834 0 60,279
MONSANTO CO NEW COMMON STOCK 61166W101 308 2,740 SH   SOLE 0 822 0 1,918
MORGAN STANLEY COMMON STOCK 617446448 50,019 1,446,880 SH   SOLE 0 602,392 0 614,839
MORGAN STANLEY CAP 5.75% PREFERRED STOCK 617466206 339 13,550 SH   SOLE 0 4,065 0 9,485
NATURAL RESOURCE PTNR LP COMMON STOCK 63900P103 939 72,020 SH   SOLE 0 21,606 0 50,414
Nestle S A Spnsd ADR Repsting Reg S AMERICAN DEPOSITORY 641069406 6,475 87,936 SH   SOLE 0 26,381 0 61,555
NEW YORK COMMUNITY BANCORP INC COMMON STOCK 649445103 178 11,200 SH   SOLE 0 3,360 0 7,840
NEXTERA ENERGY CAPITAL 5.625% PFD PREFERRED STOCK 65339K704 1,700 71,809 SH   SOLE 0 21,543 0 50,266
NEXTERA ENERGY CAPITAL 5.7% PREFERRED STOCK 65339K605 3,782 156,588 SH   SOLE 0 46,977 0 109,612
NEXTERA ENERGY INC COMMON STOCK 65339F101 37,170 395,932 SH   SOLE 0 158,988 0 180,870
NOVO-NORDISK A-S ADR AMERICAN DEPOSITORY 670100205 16,345 343,239 SH   SOLE 0 102,972 0 240,268
NUSTAR ENERGY LP COMMON STOCK 67058H102 455 6,900 SH   SOLE 0 2,070 0 4,830
NXP SEMICONDUCTORS NV COMMON STOCK n6596x109 33,126 484,086 SH   SOLE 0 211,942 0 183,612
O REILLY AUTOMOTIVE COM COMMON STOCK 67103H107 1,637 10,884 SH   SOLE 0 3,265 0 7,619
OCCIDENTAL PETE CORP COMMON STOCK 674599105 3,432 35,696 SH   SOLE 0 10,709 0 24,987
OLD DOMINION FREIGHT LNS COMMON STOCK 679580100 5,561 78,726 SH   SOLE 0 23,618 0 55,108
OLIN CORP NEW COMMON STOCK 680665205 1,105 43,750 SH   SOLE 0 13,125 0 30,625
OMNICARE INC 3.25%35 CVT PUT DUE 12 CONVERTIBLE BONDS 681904al2 1,029 987,000 SH   SOLE 0 296,100 0 690,900
ONEOK INC NEW COMMON STOCK 682680103 16,031 244,567 SH   SOLE 0 104,632 0 96,903
PARK ELECTROCHEMICAL COM COMMON STOCK 700416209 458 19,450 SH   SOLE 0 5,835 0 13,615
PARTNERRE LTD 7.25% PFD E PREFERRED STOCK G68603508 290 10,800 SH   SOLE 0 3,240 0 7,560
PEPCO HOLDINGS INC COMMON STOCK 713291102 227 8,488 SH   SOLE 0 2,546 0 5,942
PEPSICO INC COMMON STOCK 713448108 341 3,660 SH   SOLE 0 1,098 0 2,562
PFIZER INC COMMON STOCK 717081103 41,266 1,395,521 SH   SOLE 0 613,973 0 522,114
PHILIP MORRIS INTL INC COMMON STOCK 718172109 2,040 24,455 SH   SOLE 0 7,337 0 17,119
PITNEY BOWES INC PFD 6.7% PREFERRED STOCK 724479506 2,076 80,125 SH   SOLE 0 24,038 0 56,088
PLAINS ALL AMER PIPELINE LP COMMON STOCK 726503105 764 12,980 SH   SOLE 0 3,894 0 9,086
PLAINS GP HLDGS LP CL A COMMON STOCK 72651A108 17,664 576,322 SH   SOLE 0 245,525 0 235,433
PLUM CREEK TIMBER CO REIT COMMON STOCK 729251108 2,019 51,765 SH   SOLE 0 15,530 0 36,236
PNC FINANCIAL SERVICES 6.125% SERIE PREFERRED STOCK 693475857 3,936 144,134 SH   SOLE 0 43,240 0 100,894
POWERSHARES SENIOR LOAN FIXED INCOME ETF 73936Q769 1,258 51,822 SH   SOLE 0 15,547 0 36,275
PPL CORPORATION COMMON STOCK 69351T106 324 9,867 SH   SOLE 0 2,960 0 6,907
PRECISION CASTPARTS CORP COMMON STOCK 740189105 10,501 44,331 SH   SOLE 0 13,299 0 31,032
PRECISION DRILLING CORP COMMON STOCK 74022D308 455 42,200 SH   SOLE 0 12,660 0 29,540
PROCTER & GAMBLE COMMON STOCK 742718109 813 9,712 SH   SOLE 0 2,914 0 6,799
PRUDENTIAL FIN 5.750% 12/15/12 SER PREFERRED STOCK 744320607 215 8,700 SH   SOLE 0 2,610 0 6,090
PUB SVC ENT GROUP INC COMMON STOCK 744573106 761 20,445 SH   SOLE 0 6,134 0 14,312
PUBLIC STORAGE 6.5% PFD PERP SERIES PREFERRED STOCK 74460D141 2,941 112,156 SH   SOLE 0 33,647 0 78,509
PUBLIC STORAGE PFD R 6.35% PREFERRED STOCK 74460D125 3,635 141,486 SH   SOLE 0 42,446 0 99,040
QUESTAR CORP COMMON STOCK 748356102 1,946 87,318 SH   SOLE 0 26,195 0 61,123
QWEST CORP 7.00% PFD 04/01/52 PREFERRED STOCK 74913G402 2,313 91,921 SH   SOLE 0 27,576 0 64,344
QWEST CORP PFD 7.375% PREFERRED STOCK 74913G204 3,277 125,928 SH   SOLE 0 37,778 0 88,150
R R DONNELLEY & SONS CO COMMON STOCK 257867101 1,365 82,900 SH   SOLE 0 24,870 0 58,030
RAYONIER INC WITH STOCK SPLIT SHARE COMMON STOCK 754907103 1,573 50,500 SH   SOLE 0 15,150 0 35,350
RAYTHEON CO COM NEW COMMON STOCK 755111507 32,744 322,216 SH   SOLE 0 129,225 0 148,748
REED ELSEVIER ADR F SPONS AMERICAN DEPOSITORY 758205207 962 14,931 SH   SOLE 0 4,479 0 10,452
REGENCY ENERGY PARTNERS, LP COMMON STOCK 75885Y107 1,682 51,561 SH   SOLE 0 15,468 0 36,093
REGIONS FINANCIAL CORP COM COMMON STOCK 7591EP100 251 25,000 SH   SOLE 0 7,500 0 17,500
REINSURANCE GROUP OF AMERICA 6.2% P PREFERRED STOCK 759351703 3,922 142,554 SH   SOLE 0 42,766 0 99,788
ROPER INDUSTRIES INC COMMON STOCK 776696106 738 5,047 SH   SOLE 0 1,514 0 3,533
ROSS STORES INC COM COMMON STOCK 778296103 5,903 78,109 SH   SOLE 0 23,433 0 54,676
ROYAL DUTCH SHELL PLC COMMON STOCK 780259206 518 6,800 SH   SOLE 0 2,040 0 4,760
ROYAL DUTCH SHELL PLC COMMON STOCK 780259206 1,043 13,700 SH   SOLE 0 4,110 0 9,590
S P D R S&P 500 ETF TR EXPIRING 01/ COMMON STOCK 78462F103 777 3,946 SH   SOLE 0 1,184 0 2,762
SENOMYX INC COMMON STOCK 81724Q107 825 100,635 SH   SOLE 0 30,190 0 70,444
SHERWIN WILLIAMS CO COMMON STOCK 824348106 21,837 99,719 SH   SOLE 0 44,775 0 34,542
SIMON PPTY GP 8.375% SER J PFD PREFERRED STOCK 828806885 829 11,395 SH   SOLE 0 3,418 0 7,976
SIMPSON MFG CO INC COM COMMON STOCK 829073105 723 24,800 SH   SOLE 0 7,440 0 17,360
SLM CORP 6.97% PFD SERIES A 12/31/4 PREFERRED STOCK 78442P205 402 8,151 SH   SOLE 0 2,445 0 5,706
SPECTRA ENRGY PARTNERS LP COMMON STOCK 84756N109 750 14,150 SH   SOLE 0 4,245 0 9,905
STANLEY BLACK & DECKER I PFD 5.75% PREFERRED STOCK 854502705 5,035 203,995 SH   SOLE 0 61,198 0 142,796
STATE STREET CORP 5.25% SERIES C PREFERRED STOCK 857477509 494 21,475 SH   SOLE 0 6,442 0 15,032
STERICYCLE INC COMMON STOCK 858912108 1,148 9,850 SH   SOLE 0 2,955 0 6,895
STRATASYS COMMON STOCK M85548101 33,934 280,953 SH   SOLE 0 123,617 0 104,071
TARGET CORP COMMON STOCK 87612E106 1,951 31,120 SH   SOLE 0 9,336 0 21,784
TECO ENERGY INC COMMON STOCK 872375100 1,854 106,700 SH   SOLE 0 32,010 0 74,690
TELEFLEX INC COM COMMON STOCK 879369106 399 3,794 SH   SOLE 0 1,138 0 2,656
TEXAS CAPITAL BK 6.50% 9/1/42 SER PREFERRED STOCK 882228307 443 18,475 SH   SOLE 0 5,542 0 12,932
THE SOUTHERN COMPANY COMMON STOCK 842587107 1,704 39,035 SH   SOLE 0 11,710 0 27,324
THERMO FISHER SCIENTIFIC INC COMMON STOCK 883556102 438 3,601 SH   SOLE 0 1,080 0 2,521
TIMKEN CO COM COMMON STOCK 887389104 20,392 481,049 SH   SOLE 0 225,809 0 214,941
TIMKENSTEEL CORP COMMON STOCK 887399103 22,420 482,244 SH   SOLE 0 205,287 0 195,085
TRACTOR SUPPLY CO COMMON STOCK 892356106 1,258 20,455 SH   SOLE 0 6,136 0 14,318
TRIBUNE MEDIA CO COMMON STOCK 896047503 1,250 18,995 SH   SOLE 0 5,698 0 13,296
TYCO INTL LTD COMMON STOCK H89128104 6,483 145,447 SH   SOLE 0 43,634 0 101,813
UNITED TECHNOLOGIES COMMON STOCK 913017109 643 6,086 SH   SOLE 0 1,826 0 4,260
US BANCORP PFD 6% SER G PREFERRED STOCK 902973817 630 23,350 SH   SOLE 0 7,005 0 16,345
US BANCORP PFD SERIES F 6.50% PREFERRED STOCK 902973833 2,703 94,255 SH   SOLE 0 28,276 0 65,978
US CELLULAR CORP 6.95% PFD 05/15/60 PREFERRED STOCK 911684405 2,098 82,912 SH   SOLE 0 24,873 0 58,038
US SILICA HOLDINGS INC COMMON STOCK 90346E103 277 4,439 SH   SOLE 0 1,332 0 3,107
VERISK ANALYTICS INC CL A COMMON STOCK 92345Y106 1,126 18,500 SH   SOLE 0 5,550 0 12,950
VERIZON COMMUNICATIONS COMMON STOCK 92343V104 2,431 48,638 SH   SOLE 0 14,592 0 34,047
VISA INC CL A CLASS A COMMON STOCK 92826C839 20,797 97,467 SH   SOLE 0 43,384 0 34,306
VORNADO REALTY TRUST PFD 6.875% SER PREFERRED STOCK 929042869 5,495 207,917 SH   SOLE 0 62,375 0 145,542
VORNADO RLTY LP 7.875%39 PINES DUE PREFERRED STOCK 929043602 315 12,458 SH   SOLE 0 3,737 0 8,721
WASTE MANAGEMENT INC DEL COMMON STOCK 94106L109 1,811 38,109 SH   SOLE 0 11,433 0 26,676
WEATHERFORD INTL INC COM COMMON STOCK G48833100 45,766 2,200,307 SH   SOLE 0 925,467 0 911,478
WELLS FARGO & CO 5.85% PFD PREFERRED STOCK 949746556 2,044 79,760 SH   SOLE 0 23,928 0 55,832
WELLS FARGO & CO NEW COMMON STOCK 949746101 74,899 1,443,981 SH   SOLE 0 588,722 0 644,268
WELLS FARGO & CO NEW DEP SHS REPSTG PREFERRED STOCK 949746747 548 24,105 SH   SOLE 0 7,232 0 16,874
WELLS FARGO & CO NEW DEP1/1000PF CL PREFERRED STOCK 949746655 1,412 61,965 SH   SOLE 0 18,590 1 43,376
WEYERHAEUSER CO COMMON STOCK 962166104 730 22,905 SH   SOLE 0 6,872 0 16,034
WEYERHAEUSER CO 6.375% SER A PFD PREFERRED STOCK 962166872 992 18,359 SH   SOLE 0 5,508 2 12,851
WILLIAMS PARTNERS LP COMMON STOCK 96950F104 1,630 30,735 SH   SOLE 0 9,220 0 21,514
WIND ENERGY AMERICA INC COMMON STOCK 973146103 0 30,000 SH   SOLE 0 9,000 0 21,000
XCEL ENERGY INC COMMON STOCK 98389B100 424 13,950 SH   SOLE 0 4,185 0 9,765