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 cs 88579y101 942 5,380 SH   SOLE   600 0 4,780
Active Power Inc cs 00504w308 6 14,000 SH   SOLE   14,000 0 0
Allergan PLC cs g0177j108 462 2,000 SH   SOLE   0 0 2,000
Altria Group Inc cs 02209s103 579 8,400 SH   SOLE   8,400 0 0
Amgen Inc cs 031162100 2,211 14,530 SH   SOLE   0 0 14,530
Amish Naturals Inc cs 031539109 0 48,000 SH   SOLE   48,000 0 0
Apple Inc cs 037833100 11,694 122,327 SH   SOLE   64,527 0 57,800
AT&T Inc cs 00206r102 242 5,598 SH   SOLE   5,598 0 0
Automatic Data Processing Inc cs 053015103 386 4,200 SH   SOLE   4,200 0 0
Berkshire Hathaway Inc Cl B cs 084670702 290 2,000 SH   SOLE   0 0 2,000
Chevron Corp cs 166764100 803 7,662 SH   SOLE   6,687 0 975
China Everbright Intl Ltd cs y14226107 770 720,000 SH   SOLE   0 0 720,000
Cisco Systems Inc cs 17275r102 1,006 35,050 SH   SOLE   0 0 35,050
Coca-Cola Co cs 191216100 2,885 63,639 SH   SOLE   62,189 0 1,450
Colgate Palmolive Co cs 194162103 389 5,315 SH   SOLE   5,315 0 0
Core Laboratories NV cs n22717107 372 3,000 SH   SOLE   0 0 3,000
Costco Wholesale Corp cs 22160k105 294 1,870 SH   SOLE   1,870 0 0
Dominion Resources Inc VA cs 25746u109 2,210 28,360 SH   SOLE   28,360 0 0
Dow Chemical Co cs 260543103 2,858 57,485 SH   SOLE   18,185 0 39,300
Enbridge Inc cs 29250n105 254 6,000 SH   SOLE   0 0 6,000
Exxon Mobil Corp cs 30231g102 7,267 77,526 SH   SOLE   56,001 0 21,525
FedEx Corp cs 31428x106 714 4,703 SH   SOLE   4,703 0 0
First Horizon Fractional cs dca517101 0 10,112 SH   SOLE   10,112 0 0
First Horizon Natl Corp cs 320517105 143 10,350 SH   SOLE   10,350 0 0
First Marblehead Corp cs 320771207 159 32,690 SH   SOLE   32,690 0 0
Ford Motor Co cs 345370860 133 10,595 SH   SOLE   10,595 0 0
General Electric Co cs 369604103 2,529 80,351 SH   SOLE   19,351 0 61,000
Genuine Parts Co cs 372460105 486 4,800 SH   SOLE   4,800 0 0
Gilead Sciences Inc cs 375558103 1,677 20,100 SH   SOLE   100 0 20,000
Goldman Sachs Group Inc cs 38141g104 1,122 7,550 SH   SOLE   1,150 0 6,400
Hancock Holding Co cs 410120109 1,536 58,809 SH   SOLE   58,809 0 0
Intel Corp cs 458140100 2,262 68,973 SH   SOLE   46,912 0 22,061
International Business Machine cs 459200101 322 2,121 SH   SOLE   2,121 0 0
Johnson & Johnson cs 478160104 7,433 61,274 SH   SOLE   34,774 0 26,500
MasterCard Inc Cl A cs 57636q104 577 6,555 SH   SOLE   6,555 0 0
Medifast Inc cs 58470h101 1,885 56,648 SH   SOLE   56,648 0 0
Merck & Co Inc cs 58933y105 2,030 35,238 SH   SOLE   1,628 0 33,610
MGIC Inv Corp WI cs 552848103 128 21,500 SH   SOLE   21,500 0 0
Microsoft Corp cs 594918104 256 5,000 SH   SOLE   1,800 0 3,200
Nestle SA Nom cs h57312649 2,953 38,250 SH   SOLE   4,250 0 34,000
Oaktree Cap Group LLC Unit Cl cs 674001201 435 9,710 SH   SOLE   9,710 0 0
Oneok Inc cs 682680103 479 10,104 SH   SOLE   10,104 0 0
Oracle Corp cs 68389x105 1,843 45,038 SH   SOLE   41,573 0 3,465
Pengrowth Energy Corp cs 70706p104 18 10,000 SH   SOLE   10,000 0 0
PepsiCo Inc cs 713448108 905 8,540 SH   SOLE   8,540 0 0
Pfizer Inc cs 717081103 235 6,675 SH   SOLE   6,675 0 0
Philip Morris Intl Inc cs 718172109 4,226 41,544 SH   SOLE   39,319 0 2,225
Procter & Gamble Co cs 742718109 1,421 16,785 SH   SOLE   15,960 0 825
Rentokil Initial 2005 PLC cs g7494g105 207 80,000 SH   SOLE   80,000 0 0
Schwab Charles Corp cs 808513105 444 17,530 SH   SOLE   17,530 0 0
SemGroup Corp Cl A cs 81663a105 199,654 6,131,877 SH   SOLE   6,131,877 0 0
Starbucks Corp cs 855244109 1,005 17,590 SH   SOLE   10,190 0 7,400
SuperValue Inc cs 868536103 118 25,000 SH   SOLE   25,000 0 0
Targa Resources Corp cs 87612g101 328,127 7,786,586 SH   SOLE   7,785,786 0 800
Target Corp cs 87612e106 336 4,810 SH   SOLE   4,810 0 0
Visa Inc Cl A cs 92826c839 3,723 50,190 SH   SOLE   47,210 0 2,980
Wal Mart Stores Inc cs 931142103 3,087 42,282 SH   SOLE   39,782 0 2,500
Walgreens Boots Alliance Inc cs 931427108 483 5,800 SH   SOLE   5,800 0 0
Williams Cos Inc cs 969457100 145,916 6,745,985 SH   SOLE   6,745,985 0 0
America Movil SAB de CV Sp ADR ad 02364w105 867 70,680 SH   SOLE   0 0 70,680
Banco Bilbao Vizcaya Argentari ad 05946k101 631 109,991 SH   SOLE   29,991 0 80,000
Barclays PLC ADR ad 06738e204 429 56,425 SH   SOLE   0 0 56,425
China Mobile Limited Sp ADR ad 16941m109 2,252 38,900 SH   SOLE   3,000 0 35,900
Diageo PLC Sp ADR ad 25243q205 282 2,500 SH   SOLE   2,500 0 0
HSBC Holdings PLC Sp ADR ad 404280406 528 16,856 SH   SOLE   212 0 16,644
Novartis AG Sp ADR ad 66987v109 660 8,000 SH   SOLE   0 0 8,000
Roche Holding Ltd Sp ADR ad 771195104 493 15,000 SH   SOLE   0 0 15,000
Teva Pharmaceutical Industries ad 881624209 2,361 47,000 SH   SOLE   3,000 0 44,000
Novartis AG Namen AKT fs h5820q150 2,452 29,800 SH   SOLE   0 0 29,800
Samsung Electronic KRW fs y74718100 371 300 SH   SOLE   300 0 0
Alps ETF Tr Alerian MLP ui 00162q866 8,586 675,000 SH   SOLE   675,000 0 0
Maingate MLP Fund Class I mf 560599201 6,840 705,200 SH   SOLE   705,200 0 0
Antero Midstream Partners LP ml 03673l103 124,320 4,460,724 SH   SOLE   4,460,724 0 0
Blackstone Group LP ml 09253u108 221 9,000 SH   SOLE   9,000 0 0
Buckeye Partners LP ml 118230101 154,635 2,198,699 SH   SOLE   2,198,699 0 0
Cedar Fair LP ml 150185106 449 7,760 SH   SOLE   7,760 0 0
Dominion Midstream Partners LP ml 257454108 19,720 701,025 SH   SOLE   701,025 0 0
Energy Transfer Equity LP ml 29273v100 225,873 15,718,344 SH   SOLE   15,715,144 0 3,200
Energy Transfer Partners LP ml 29273r109 615 16,151 SH   SOLE   16,151 0 0
EnLink Midstream LLC ml 29336t100 233,553 14,679,660 SH   SOLE   14,657,060 0 22,600
EnLink Midstream Partners LP ml 29336u107 54,160 3,256,777 SH   SOLE   3,256,777 0 0
Enterprise Products Partners L ml 293792107 316,404 10,813,544 SH   SOLE   10,813,544 0 0
EQT GP Holdings LP ml 26885j103 81,542 3,198,967 SH   SOLE   3,198,967 0 0
EQT Midstream Partners LP ml 26885b100 115,217 1,434,835 SH   SOLE   1,434,835 0 0
Genesis Energy LP ml 371927104 241,305 6,288,895 SH   SOLE   6,288,895 0 0
KKR & Co LP Del Units ml 48248m102 1,910 154,765 SH   SOLE   151,665 0 3,100
Magellan Midstream Partners LP ml 559080106 256,205 3,371,119 SH   SOLE   3,361,119 0 10,000
MPLX LP ml 55336v100 81,273 2,416,681 SH   SOLE   2,416,681 0 0
Phillips 66 Partners LP ml 718549207 117,440 2,102,023 SH   SOLE   2,102,023 0 0
Plains All American Pipeline L ml 726503105 164,884 5,997,981 SH   SOLE   5,997,981 0 0
Plains GP Holdings LP ml 72651a108 219,507 21,045,691 SH   SOLE   21,045,691 0 0
Shell Midstream Partners LP ml 822634101 252,978 7,486,781 SH   SOLE   7,486,781 0 0
Spectra Energy Partners LP ml 84756n109 4,314 91,447 SH   SOLE   91,447 0 0
Sunoco Logistics Partners LP ml 86764l108 216,156 7,518,454 SH   SOLE   7,518,454 0 0
Teekay LNG Partners LP ml y8564m105 143 12,700 SH   SOLE   12,700 0 0
Valero Energy Partners LP ml 91914j102 75,426 1,604,472 SH   SOLE   1,604,472 0 0
VTTI Energy Partners LP ml y9384m101 37,503 1,847,451 SH   SOLE   1,847,451 0 0
Western Gas Equity Partners LP ml 95825r103 169,759 4,438,151 SH   SOLE   4,438,151 0 0
Western Gas Partners LP ml 958254104 114,908 2,279,920 SH   SOLE   2,279,920 0 0
Mid-America Apt Communities In re 59522j103 213 2,000 SH   SOLE   2,000 0 0