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 40,895 708,021 SH   SOLE   139,805 0 568,216
AT&T INC COM 00206R102 67,115 1,904,510 SH   SOLE   398,225 0 1,506,285
BAYTEX ENERGY CORP COM 07317Q105 54,791 1,447,188 SH   SOLE   294,500 0 1,152,688
BCE INC COM NEW 05534B760 54,643 1,277,903 SH   SOLE   264,710 0 1,013,193
BUCKLE INC COM 118440106 7,316 161,188 SH   SOLE   12,490 0 148,698
CBS OUTDOOR AMERS INC COM 14987J106 46,202 1,543,160 SH   SOLE   319,345 0 1,223,815
CINEMARK HOLDINGS INC COM 17243V102 41,632 1,223,040 SH   SOLE   246,611 0 976,429
CISCO SYS INC COM 17275R102 41,031 1,630,151 SH   SOLE   330,400 0 1,299,751
CORRECTIONS CORP AMER NEW COM NEW 22025Y407 55,146 1,604,962 SH   SOLE   332,770 0 1,272,192
CRACKER BARREL OLD CTRY STOR COM 22410J106 39,726 384,977 SH   SOLE   77,630 0 307,347
DORCHESTER MINERALS LP COM UNIT 25820R105 7,326 247,741 SH   SOLE   1,050 0 246,691
DOW CHEM CO COM 260543103 55,445 1,057,303 SH   SOLE   237,295 0 820,008
EATON CORP PLC SHS G29183103 40,354 636,795 SH   SOLE   129,130 0 507,665
ENDURO RTY TR TR UNIT 29269K100 15,196 1,344,822 SH   SOLE   341,080 0 1,003,742
ENTERPRISE PRODS PARTNERS L COM 293792107 201 5,000 SH   SOLE   0 0 5,000
EXXON MOBIL CORP COM 30231G102 312 3,317 SH   SOLE   0 0 3,317
FEDERATED INVS INC PA CL B 314211103 37,609 1,280,955 SH   SOLE   275,120 0 1,005,835
FNB CORP PA COM 302520101 51,563 4,300,519 SH   SOLE   892,460 0 3,408,059
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 55,985 1,217,870 SH   SOLE   249,800 0 968,070
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 50,242 1,871,223 SH   SOLE   381,320 0 1,489,903
INTEL CORP COM 458140100 56,264 1,615,865 SH   SOLE   321,870 0 1,293,995
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 247 2,650 SH   SOLE   0 0 2,650
KRAFT FOODS GROUP INC COM 50076Q106 47,597 843,913 SH   SOLE   171,905 0 672,008
LAMAR ADVERTISING CO CL A 512815101 46,039 934,800 SH   SOLE   188,950 0 745,850
LEGGETT & PLATT INC COM 524660107 37,910 1,085,628 SH   SOLE   214,060 0 871,568
MERCK & CO INC NEW COM 58933Y105 41,084 693,058 SH   SOLE   142,208 0 550,850
MICROCHIP TECHNOLOGY INC COM 595017104 37,491 793,806 SH   SOLE   157,755 0 636,051
NATIONAL CINEMEDIA INC COM 635309107 17,869 1,231,462 SH   SOLE   251,607 0 979,855
NOBLE CORP PLC SHS USD G65431101 33,156 1,492,175 SH   SOLE   285,990 0 1,206,185
NUCOR CORP COM 670346105 17,893 329,639 SH   SOLE   64,445 0 265,194
PEARSON PLC SPONSORED ADR 705015105 52,063 2,600,550 SH   SOLE   509,855 0 2,090,695
PEOPLES UNITED FINANCIAL INC COM 712704105 53,192 3,676,015 SH   SOLE   758,605 0 2,917,410
PLUM CREEK TIMBER CO INC COM 729251108 32,884 842,968 SH   SOLE   171,010 0 671,958
POTASH CORP SASK INC COM 73755L107 39,507 1,143,142 SH   SOLE   233,085 0 910,057
PUBLIC SVC ENTERPRISE GROUP COM 744573106 58,133 1,561,045 SH   SOLE   323,005 0 1,238,040
REGAL ENTMT GROUP CL A 758766109 41,951 2,110,231 SH   SOLE   427,015 0 1,683,216
RYMAN HOSPITALITY PPTYS INC COM 78377T107 63,406 1,340,505 SH   SOLE   273,870 0 1,066,635
SEAGATE TECHNOLOGY PLC SHS G7945M107 26,215 457,752 SH   SOLE   90,965 0 366,787
SIX FLAGS ENTMT CORP NEW COM 83001A102 35,516 1,032,736 SH   SOLE   193,891 0 838,845
SKYWEST INC COM 830879102 137 17,622 SH   SOLE   17,622 0 0
SONOCO PRODS CO COM 835495102 35,643 907,184 SH   SOLE   188,730 0 718,454
THOMSON REUTERS CORP COM 884903105 44,244 1,215,163 SH   SOLE   234,925 0 980,238
TURQUOISE HILL RES LTD COM 900435108 86 22,956 SH   SOLE   22,956 0 0
VERMILION ENERGY INC COM 923725105 47,784 786,302 SH   SOLE   158,940 0 627,362
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 38,193 1,161,230 SH   SOLE   229,000 0 932,230