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 47,124 720,115 SH   SOLE   111,795 0 608,320
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 31,492 2,268,873 SH   SOLE   328,650 0 1,940,223
AT&T INC COM 00206R102 65,687 1,955,540 SH   SOLE   319,530 0 1,636,010
BCE INC COM NEW 05534B760 60,054 1,309,508 SH   SOLE   217,690 0 1,091,818
BUCKLE INC COM 118440106 26,257 499,949 SH   SOLE   68,045 0 431,904
CINEMARK HOLDINGS INC COM 17243V102 44,013 1,237,023 SH   SOLE   200,901 0 1,036,122
CISCO SYS INC COM 17275R102 47,943 1,723,626 SH   SOLE   270,475 0 1,453,151
CORRECTIONS CORP AMER NEW COM NEW 22025Y407 58,998 1,623,512 SH   SOLE   272,105 0 1,351,407
CRACKER BARREL OLD CTRY STOR COM 22410J106 25,505 181,192 SH   SOLE   2,175 0 179,017
DORCHESTER MINERALS LP COM UNIT 25820R105 6,325 247,741 SH   SOLE   1,050 0 246,691
DOW CHEM CO COM 260543103 64,624 1,416,872 SH   SOLE   220,185 0 1,196,687
EATON CORP PLC SHS G29183103 61,595 906,345 SH   SOLE   141,570 0 764,775
ENDURO RTY TR TR UNIT 29269K100 6,033 1,251,557 SH   SOLE   270,545 0 981,012
EXXON MOBIL CORP COM 30231G102 288 3,117 SH   SOLE   0 0 3,117
FEDERATED INVS INC PA CL B 314211103 41,920 1,273,000 SH   SOLE   220,085 0 1,052,915
FNB CORP PA COM 302520101 59,310 4,452,694 SH   SOLE   734,540 0 3,718,154
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 53,903 1,261,181 SH   SOLE   201,920 0 1,059,261
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 59,014 1,903,663 SH   SOLE   312,680 0 1,590,983
INTEL CORP COM 458140100 58,868 1,622,145 SH   SOLE   261,610 0 1,360,535
KRAFT FOODS GROUP INC COM 50076Q106 20,489 326,988 SH   SOLE   51,445 0 275,543
LAMAR ADVERTISING CO NEW CL A 512816109 51,175 954,045 SH   SOLE   150,700 0 803,345
LEGGETT & PLATT INC COM 524660107 20,373 478,132 SH   SOLE   77,000 0 401,132
MAXIM INTEGRATED PRODS INC COM 57772K101 32,722 1,026,739 SH   SOLE   155,020 0 871,719
MCCORMICK & CO INC COM NON VTG 579780206 201 2,700 SH   SOLE   0 0 2,700
MERCK & CO INC NEW COM 58933Y105 37,483 660,030 SH   SOLE   113,973 0 546,057
MICROCHIP TECHNOLOGY INC COM 595017104 36,314 805,006 SH   SOLE   129,735 0 675,271
NATIONAL CINEMEDIA INC COM 635309107 16,649 1,158,564 SH   SOLE   196,314 0 962,250
NUCOR CORP COM 670346105 44,010 897,244 SH   SOLE   135,485 0 761,759
OUTFRONT MEDIA INC COM 69007J106 47,902 1,784,710 SH   SOLE   300,639 0 1,484,071
PEARSON PLC SPONSORED ADR 705015105 57,412 3,111,743 SH   SOLE   484,595 0 2,627,148
PEOPLES UNITED FINANCIAL INC COM 712704105 57,627 3,796,260 SH   SOLE   626,000 0 3,170,260
PLUM CREEK TIMBER CO INC COM 729251108 37,381 873,598 SH   SOLE   142,110 0 731,488
POTASH CORP SASK INC COM 73755L107 61,079 1,729,317 SH   SOLE   265,485 0 1,463,832
PUBLIC SVC ENTERPRISE GROUP COM 744573106 40,259 972,215 SH   SOLE   154,445 0 817,770
REGAL ENTMT GROUP CL A 758766109 45,313 2,121,391 SH   SOLE   345,120 0 1,776,271
RYMAN HOSPITALITY PPTYS INC COM 78377T107 70,297 1,332,900 SH   SOLE   216,130 0 1,116,770
SEAGATE TECHNOLOGY PLC SHS G7945M107 30,566 459,638 SH   SOLE   73,205 0 386,433
SIX FLAGS ENTMT CORP NEW COM 83001A102 45,039 1,043,766 SH   SOLE   160,916 0 882,850
SONOCO PRODS CO COM 835495102 63,395 1,450,681 SH   SOLE   225,615 0 1,225,066
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,249 10,940 SH   SOLE   0 0 10,940
THOMSON REUTERS CORP COM 884903105 48,683 1,206,828 SH   SOLE   191,690 0 1,015,138
VERMILION ENERGY INC COM 923725105 64,364 1,313,290 SH   SOLE   201,115 0 1,112,175
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 40,903 1,197,050 SH   SOLE   186,110 0 1,010,940