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
ADVANCED MICRO DEVICES Com 007903107 17 15,000 SH   SOLE   15,000 0 0
ALLEGHANY CORP DEL Com 017175100 209 510 SH   SOLE   510 0 0
APPLE COMPUTER INC Com 037833100 5,763 12,088 SH   SOLE   12,088 0 0
APPROACH RES Com 03834A103 263 10,000 SH   SOLE   10,000 0 0
ASA BERMUDA LTD. Com G3156P103 278 3,489 SH   SOLE   3,489 0 0
AT&T INC COM Com 00206R102 3,919 115,891 SH   SOLE   115,891 0 0
B & G FOODS HLDGS CORP CL A Com 05508R106 3,758 108,783 SH   SOLE   108,783 0 0
BANK OF AMERICA CORP Com 060505104 299 21,678 SH   SOLE   21,678 0 0
BAYTEX ENERGY CORP Com 07317Q105 8,471 205,254 SH   SOLE   205,254 0 0
BELLATRIX EXPLORATION LTD. Com 078314101 380 50,000 SH   SOLE   50,000 0 0
BERKSHIRE HATHAWAY INC DEL CL Com 084670702 556 4,900 SH   SOLE   4,900 0 0
BERRY PETROLEUM A Com 085789105 2,400 55,650 SH   SOLE   55,650 0 0
BHP BILLITON LTD Com 088606108 439 6,594 SH   SOLE   6,594 0 0
BLACKROCK STRATEGIC MUNICIPAL Com 09248T109 152 12,000 SH   SOLE   12,000 0 0
BONANZA CREEK ENERGY INC Com 097793103 1,448 30,000 SH   SOLE   30,000 0 0
BRISTOL MYERS SQUIBB CO Com 110122108 3,199 69,128 SH   SOLE   69,128 0 0
BROOKFIELD INFRASTRUCTURE PART Com G16252101 2,043 53,746 SH   SOLE   53,746 0 0
BUCKEYE PARTNERS LP Com 118230101 308 4,700 SH   SOLE   4,700 0 0
CALL (SLV) ISHARES SILVER TR JAN 18 14 $22 Call 46428Q109 21 20,000 SH Call SOLE   20,000 0 0
CALL GENERAL ELECTRIC CO MAR 22 $26 Call 369604103 11 60,000 SH Call SOLE   60,000 0 0
CANADIAN NATURAL RESOURCES Com 136385101 897 28,525 SH   SOLE   28,525 0 0
CANADIAN PACIFIC RAILWAY Com 13645T100 272 2,205 SH   SOLE   2,205 0 0
CELGENE CORP Com 151020104 872 5,657 SH   SOLE   5,657 0 0
CENOVUS ENERGY INC Com 15135U109 6,495 217,600 SH   SOLE   217,600 0 0
CHESAPEAKE GRANITE WASH TR Com 165185109 657 49,227 SH   SOLE   49,227 0 0
CHEVRON CORP Com 166764100 219 1,800 SH   SOLE   1,800 0 0
CHICAGO BRIDGE AND IRON CO. NV Com 167250109 702 10,365 SH   SOLE   10,365 0 0
CIMAREX ENERGY Com 171798101 4,868 50,500 SH   SOLE   50,500 0 0
CITIGROUP INC Com 172967424 690 14,223 SH   SOLE   14,223 0 0
CONCHO RES Com 20605P101 3,264 30,000 SH   SOLE   30,000 0 0
CONOCOPHILLIPS Com 20825C104 885 12,736 SH   SOLE   12,736 0 0
CONS EDISON CO OF NEW YORK INC Com 209115104 309 5,595 SH   SOLE   5,595 0 0
CORNING INC Com 219350105 526 36,050 SH   SOLE   36,050 0 0
CROSS TIMBERS ROYALTY TR Com 22757R109 3,351 114,235 SH   SOLE   114,235 0 0
DEERE & CO Com 244199105 258 3,176 SH   SOLE   3,176 0 0
DENBURY RESOURCES INC Com 247916208 3,962 215,194 SH   SOLE   215,194 0 0
DEVON ENERGY CORP NEW Com 25179M103 1,011 17,500 SH   SOLE   17,500 0 0
DOMINION RESOURCES-VA Com 25746U109 214 3,424 SH   SOLE   3,424 0 0
DORCHESTER MINERALS LP Com 25820R105 12,593 526,907 SH   SOLE   526,907 0 0
DUN & BRADSTREET CORP Com 26483E100 478 4,600 SH   SOLE   4,600 0 0
E I DU PONT DE NEMOURS & CO Com 263534109 3,469 59,241 SH   SOLE   59,241 0 0
EAGLE BANCORP INC Com 268948106 515 18,188 SH   SOLE   18,188 0 0
EMERALD OIL INC Com 29101U209 266 37,050 SH   SOLE   37,050 0 0
ENBRIDGE ENERGY MGMT LLC Com 29250X103 889 30,904 SH   SOLE   30,904 0 0
ENBRIDGE ENERGY PARTNERS LP Com 29250R106 2,766 90,825 SH   SOLE   90,825 0 0
ENBRIDGE INC COM Com 29250N105 393 9,426 SH   SOLE   9,426 0 0
ENDURO RTY TR Com 29269K100 1,721 136,707 SH   SOLE   136,707 0 0
ENERGY TRANSFER EQUITY LP Com 29273V100 7,233 109,960 SH   SOLE   109,960 0 0
ENERGY XXI BERMUDA LIMITED Com G10082140 1,352 44,750 SH   SOLE   44,750 0 0
ENTERPRISE PRODS PARTNERS LP Com 293792107 351 5,750 SH   SOLE   5,750 0 0
EOG RESOURCES INC Com 26875P101 1,710 10,100 SH   SOLE   10,100 0 0
EXPRESS SCRIPTS HLDG CO Com 30219G108 284 4,603 SH   SOLE   4,603 0 0
EXXON MOBIL CORP Com 30231G102 4,848 56,343 SH   SOLE   56,343 0 0
FREEPORT MCMORAN COPPER & GOLD Com 35671D857 791 23,909 SH   SOLE   23,909 0 0
GARTNER INC Com 366651107 450 7,500 SH   SOLE   7,500 0 0
GENERAL ELECTRIC CO Com 369604103 2,366 99,031 SH   SOLE   99,031 0 0
GENESIS ENERGY LP Com 371927104 1,545 30,850 SH   SOLE   30,850 0 0
GLOBECOMM SYSTEMS Com 37956X103 399 28,445 SH   SOLE   28,445 0 0
GOLDCORP LTD. Com 380956409 374 14,379 SH   SOLE   14,379 0 0
GOOGLE INC CL A Com 38259P508 365 417 SH   SOLE   417 0 0
GRAVIS OIL CORP Com 38911X105 5 78,080 SH   SOLE   78,080 0 0
GREYSON INTL INC Com 39807G107 1 12,000 SH   SOLE   12,000 0 0
HALCON RESOURCES CORPORATION Com 40537Q209 1,542 348,000 SH   SOLE   348,000 0 0
HESS CORP COM Com 42809H107 220 2,845 SH   SOLE   2,845 0 0
HOVNANIAN ENTERPRISES INC CL A Com 442487203 222 42,391 SH   SOLE   42,391 0 0
INTL BUSINESS MACHINES CORP Com 459200101 4,681 25,278 SH   SOLE   25,278 0 0
INVESCO VAN KAMPEN TR INVT GRA Com 46131T101 277 20,025 SH   SOLE   20,025 0 0
ISHARES SILVER TRUST Com 46428Q109 2,603 124,540 SH   SOLE   124,540 0 0
ISHARES TR GOLDMAN SACHS TECHN Com 464287549 346 4,335 SH   SOLE   4,335 0 0
ISHARES TR MSCI EAFE INDEX FD Com 464287465 439 6,881 SH   SOLE   6,881 0 0
ISHARES US MEDICAL DEVICES IND Com 464288810 1,952 23,050 SH   SOLE   23,050 0 0
J P MORGAN & CO INC Com 46625H100 309 5,987 SH   SOLE   5,987 0 0
JOHNSON & JOHNSON Com 478160104 3,626 41,826 SH   SOLE   41,826 0 0
KINDER MORGAN MANAGMENT LLC Com 49455u100 228 3,039 SH   SOLE   3,039 0 0
KODIAK OIL & GAS Com 50015Q100 482 40,000 SH   SOLE   40,000 0 0
LEAPFROG ENTERPRISES INC CL A Com 52186N106 221 23,500 SH   SOLE   23,500 0 0
LEGACY RESERVES LP Com 524707304 404 14,950 SH   SOLE   14,950 0 0
LONGVIEW OIL CORP. Com 543231104 813 130,200 SH   SOLE   130,200 0 0
MAGELLAN MIDSTREAM PARTNERS LP Com 559080106 5,262 93,255 SH   SOLE   93,255 0 0
MARATHON OIL Com 565849106 2,721 78,000 SH   SOLE   78,000 0 0
MARKET VECTORS ETF TR GOLD MIN Com 57060U100 364 14,550 SH   SOLE   14,550 0 0
MCDONALDS CORP Com 580135101 203 2,112 SH   SOLE   2,112 0 0
MERCK & CO INC Com 58933Y105 467 9,801 SH   SOLE   9,801 0 0
MFS MULTIMARKET INCOME TRUST Com 552737108 196 29,600 SH   SOLE   29,600 0 0
MICROSOFT CORP Com 594918104 230 6,910 SH   SOLE   6,910 0 0
MIDSTATES PETE CO INC Com 59804T100 92 18,000 SH   SOLE   18,000 0 0
MIMEDX GROUP INC Com 602496101 250 60,000 SH   SOLE   60,000 0 0
MPLX LP Com 55336V100 597 16,379 SH   SOLE   16,379 0 0
NATL FUEL GAS CO NJ Com 636180101 4,387 63,800 SH   SOLE   63,800 0 0
NORFOLK SOUTHERN CORP Com 655844108 213 2,750 SH   SOLE   2,750 0 0
NORTH EUROPEAN OIL ROYALTY TR Com 659310106 950 43,493 SH   SOLE   43,493 0 0
NORTHERN OIL & GAS INC Com 665531109 4,215 292,100 SH   SOLE   292,100 0 0
NUVEEN NJ PREMIUM INC MUNI Com 67101N106 247 18,331 SH   SOLE   18,331 0 0
OCCIDENTAL PETROLEUM CORP Com 674599105 10,823 115,700 SH   SOLE   115,700 0 0
ONEOK PARTNERS LP Com 68268N103 265 5,000 SH   SOLE   5,000 0 0
ORACLE CORP Com 68389X105 1,833 55,268 SH   SOLE   55,268 0 0
PACIFIC COAST OIL TRUST Com 694103102 11,479 713,451 SH   SOLE   713,451 0 0
PANHANDLE OIL & GAS INC Com 698477106 425 15,016 SH   SOLE   15,016 0 0
PEMBINA PIPELINE CORPORATION Com 706327103 1,648 49,729 SH   SOLE   49,729 0 0
PERMIAN BASIN TRUST Com 714236106 9,200 645,590 SH   SOLE   645,590 0 0
PFIZER INC Com 717081103 344 11,990 SH   SOLE   11,990 0 0
PHILIP MORRIS INTL Com 718172109 289 3,332 SH   SOLE   3,332 0 0
PIMCO CORPORATE OPPORTUNITY Com 72201B101 338 18,700 SH   SOLE   18,700 0 0
PIONEER SOUTHWEST ENERGY PRTNRS Com 72388B106 663 15,000 SH   SOLE   15,000 0 0
PLAINS ALL AMERN PIPELINE LP Com 726503105 4,709 89,426 SH   SOLE   89,426 0 0
PNC FINANCIAL Com 693475105 225 3,100 SH   SOLE   3,100 0 0
POTASH CORP OF SASKATCHEWAN IN Com 73755L107 584 18,685 SH   SOLE   18,685 0 0
POWERSHARES QQQ TR UNIT SER 1 Com 73935A104 696 8,820 SH   SOLE   8,820 0 0
PROCTER & GAMBLE CO Com 742718109 874 11,567 SH   SOLE   11,567 0 0
PROSHRS ULTRASHORT 20+ YEAR TR Com 74347B201 385 5,111 SH   SOLE   5,111 0 0
QUALCOMM INC Com 747525103 3,460 51,400 SH   SOLE   51,400 0 0
REAVES UTIL INCOME FD Com 756158101 273 10,887 SH   SOLE   10,887 0 0
RESOLUTE ENERGY CORP Com 76116A108 1,008 120,600 SH   SOLE   120,600 0 0
ROYAL DUTCH SHELL PLC CL B Com 780259107 9,467 137,500 SH   SOLE   137,500 0 0
RUBY CREEK RESOURCES INC Com 78116P101 0 10,000 SH   SOLE   10,000 0 0
SABINE ROYALTY TRUST Com 785688102 19,604 385,529 SH   SOLE   385,529 0 0
SANDRIDGE ENERGY INC Com 80007P307 469 80,100 SH   SOLE   80,100 0 0
SANDRIDGE PERMIAN TRUST Com 80007A102 2,346 165,086 SH   SOLE   165,086 0 0
SASOL LTD SPONSORED ADR Com 803866300 250 5,230 SH   SOLE   5,230 0 0
SIMS METAL MANAGEMENT Com 829160100 582 66,200 SH   SOLE   66,200 0 0
SOUTHEAST BANKING CORP Com 841338106 0 45,000 SH   SOLE   45,000 0 0
SPDR GOLD TR Com 78463V107 4,413 34,425 SH   SOLE   34,425 0 0
STAR SCIENTIFIC INC Com 85517P101 185 96,700 SH   SOLE   96,700 0 0
STATOILHYDRO SP ADR Com 85771P102 2,615 115,300 SH   SOLE   115,300 0 0
SUNCOR ENERGY INC Com 867224107 10,208 285,300 SH   SOLE   285,300 0 0
TESORO LOGISTICS LP Com 88160T107 1,523 26,250 SH   SOLE   26,250 0 0
TOTAL SA Com 89151E109 226 3,900 SH   SOLE   3,900 0 0
U S GEOTHERMAL INC Com 90338S102 6 14,000 SH   SOLE   14,000 0 0
UNILEVER PLC ADR Com 904767704 756 19,595 SH   SOLE   19,595 0 0
USA COMPRESSION PARTNERS LP Com 90290N109 926 38,882 SH   SOLE   38,882 0 0
VANGUARD INDEX FDS SMALL CAP Com 922908751 523 5,098 SH   SOLE   5,098 0 0
VERIZON COMMUNICATIONS Com 92343V104 725 15,537 SH   SOLE   15,537 0 0
VERMILION ENERGY INC Com 923725105 1,757 31,800 SH   SOLE   31,800 0 0
VOC ENERGY TRUST Com 91829B103 2,887 184,341 SH   SOLE   184,341 0 0
WESTERN ASSET HIGH INCOME OPPO Com 95766K109 142 23,722 SH   SOLE   23,722 0 0
WESTERN GAS EQUITY PARTNERS LP Com 95825R103 3,367 90,529 SH   SOLE   90,529 0 0
WESTERN GAS PARTNERS LP Com 958254104 2,578 42,866 SH   SOLE   42,866 0 0
WESTPORT INNOVATIONS INC Com 960908309 960 39,670 SH   SOLE   39,670 0 0
WHITING PETROLEUM CORP Com 966387102 11,138 186,100 SH   SOLE   186,100 0 0
WHITING USA TR II Com 966388100 9,637 751,683 SH   SOLE   751,683 0 0
WILLIAMS COS INC Com 969457100 5,698 156,712 SH   SOLE   156,712 0 0
WISDOM TREE EMERGING MARKETS Com 97717W315 3,230 62,495 SH   SOLE   62,495 0 0
XOMA CORP Com 98419J107 45 10,000 SH   SOLE   10,000 0 0