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
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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. COM 88579Y101 13,366 111,936 SH   SOLE   111,936 0 0
AES Trust III PFD 00808N202 1,757 34,863 SH   SOLE   34,863 0 0
AGL Resources COM 001204106 829 18,000 SH   SOLE   18,000 0 0
AT&T Inc. COM 00206r102 494 14,616 SH   SOLE   14,616 0 0
Aberdeen Global Income Fund Inc. COM 003013109 113 10,450 SH   SOLE   10,450 0 0
Aflac Inc. COM 001055102 12,507 201,750 SH   SOLE   201,750 0 0
Amer Electric Power Co. COM 025537101 1,567 36,139 SH   SOLE   36,139 0 0
American Express Co. COM 025816109 8,204 108,629 SH   SOLE   108,629 0 0
American Intl. Group Inc. COM 026874784 9,997 205,566 SH   SOLE   205,566 0 0
Amerigas Partners LP COM 030975106 3,772 87,580 SH   SOLE   87,580 0 0
Apple Computer Inc. COM 037833100 11,568 24,265 SH   SOLE   24,265 0 0
ArcelorMittal PFD L0302D178 7,496 348,836 SH   SOLE   348,836 0 0
Ares Capital Corporation COM 04010L103 8,931 516,538 SH   SOLE   516,538 0 0
Atmos Energy Corp. COM 049560105 2,115 49,669 SH   SOLE   49,669 0 0
Automatic Data Process. COM 053015103 8,629 119,221 SH   SOLE   119,221 0 0
BCE Inc. COM 05534B760 798 18,677 SH   SOLE   18,677 0 0
Bank of America Corp. Preferred L PFD 060505682 3,694 3,416 SH   SOLE   3,416 0 0
Bank of New York COM 064058100 494 16,358 SH   SOLE   16,358 0 0
Becton Dickinson Co COM 075887109 244 2,441 SH   SOLE   2,441 0 0
Berkshire Hathaway Inc. - A COM 084670108 341 2 SH   SOLE   2 0 0
Berkshire Hathaway Inc. - B COM 084670702 21,790 191,963 SH   SOLE   191,963 0 0
BioMed Realty Trust Inc. COM 09063H107 1,219 65,585 SH   SOLE   65,585 0 0
Biogen Idec Inc. COM 09062X103 259 1,075 SH   SOLE   1,075 0 0
Black Rock Build America Bond Trust COM 09248X100 817 43,460 SH   SOLE   43,460 0 0
Boardwalk Pipeline Partners, LP COM 096627104 296 9,750 SH   SOLE   9,750 0 0
Buckeye Partners LP COM 118230101 1,367 20,865 SH   SOLE   20,865 0 0
CSX Corp. COM 126408103 239 9,279 SH   SOLE   9,279 0 0
Canadian Natural Resources Ltd. COM 136385101 897 28,540 SH   SOLE   28,540 0 0
Capital One Financial COM 14040H105 3,116 45,336 SH   SOLE   45,336 0 0
Carlyle Group LP COM 14309L102 4,981 193,650 SH   SOLE   193,650 0 0
CenterPoint Energy COM 15189T107 805 33,589 SH   SOLE   33,589 0 0
Chevron Corp New COM 166764100 997 8,203 SH   SOLE   8,203 0 0
Cigna Corp. COM 125509109 535 6,967 SH   SOLE   6,967 0 0
Cisco Systems Inc. COM 17275r102 11,054 471,773 SH   SOLE   471,773 0 0
Coca Cola Company COM 191216100 265 7,000 SH   SOLE   7,000 0 0
CommonWealth Reit Pref D PFD 203233408 1,695 80,997 SH   SOLE   80,997 0 0
Commonwealth Reit Preferred E PFD 203233606 2,062 89,907 SH   SOLE   89,907 0 0
Compass Minerals International COM 20451N101 4,792 62,829 SH   SOLE   62,829 0 0
ConocoPhillips COM 20825C104 410 5,899 SH   SOLE   5,899 0 0
Cross Timbers Royalty Trust COM 22757R109 624 21,290 SH   SOLE   21,290 0 0
Danaher Corp. Del COM 235851102 743 10,716 SH   SOLE   10,716 0 0
Devon Energy Corp. COM 25179M103 7,437 128,755 SH   SOLE   128,755 0 0
Dominion Resources Inc. COM 25746U109 3,562 57,003 SH   SOLE   57,003 0 0
Duke Energy Corp. COM 26441C204 2,557 38,286 SH   SOLE   38,286 0 0
Enbridge Energy Mgmt COM 29250X103 5,361 186,261 SH   SOLE   186,261 0 0
Enbridge Energy Ptrs. LP COM 29250R106 1,391 45,668 SH   SOLE   45,668 0 0
Energy Transfer Equity L.P. COM 29273V100 1,376 20,925 SH   SOLE   20,925 0 0
Energy Transfer Partners COM 29273R109 6,030 115,803 SH   SOLE   115,803 0 0
Enerplus Corporation COM 292766102 1,921 115,790 SH   SOLE   115,790 0 0
Enterprise Products Pptns Lp COM 293792107 3,984 65,267 SH   SOLE   65,267 0 0
Express Scripts Holding Company COM 30219G108 4,237 68,559 SH   SOLE   68,559 0 0
ExxonMobil Corp. COM 30231G102 14,675 170,556 SH   SOLE   170,556 0 0
Felcor Lodging Trust Inc. Pfd. A PFD 31430F200 4,491 185,829 SH   SOLE   185,829 0 0
Felcor Lodging Trust Inc. Pfd. C PFD 31430F507 1,300 54,327 SH   SOLE   54,327 0 0
General Dynamics Corp. COM 369550108 6,755 77,182 SH   SOLE   77,182 0 0
General Electric Co. COM 369604103 14,796 619,319 SH   SOLE   619,319 0 0
General Motors Co. COM 37045V100 5,767 160,315 SH   SOLE   160,315 0 0
Gilead Sciences Inc. COM 375558103 610 9,700 SH   SOLE   9,700 0 0
Google Inc. Cl A COM 38259p508 10,686 12,200 SH   SOLE   12,200 0 0
Health Care Property Investors COM 40414L109 2,204 53,820 SH   SOLE   53,820 0 0
Health Care REIT Inc. COM 42217K106 1,569 25,150 SH   SOLE   25,150 0 0
Horsehead Holding Corp. COM 440694305 1,862 149,450 SH   SOLE   149,450 0 0
Intel Corp. COM 458140100 10,430 455,024 SH   SOLE   455,024 0 0
International Business Machines Corp. COM 459200101 333 1,799 SH   SOLE   1,799 0 0
Ishares Emerging Markets Fund COM 464287234 423 10,367 SH   SOLE   10,367 0 0
Johnson & Johnson COM 478160104 15,818 182,468 SH   SOLE   182,468 0 0
Johnson Controls Inc. COM 478366107 15,735 379,152 SH   SOLE   379,152 0 0
Kinder Morgan Energy Ptrs. COM 494550106 4,121 51,624 SH   SOLE   51,624 0 0
Kinder Morgan Mgmt. COM 49455U100 10,847 144,706 SH   SOLE   144,706 0 0
Kohls COM 500255104 10,248 198,021 SH   SOLE   198,021 0 0
Linn Energy, LLC COM 536020100 277 10,700 SH   SOLE   10,700 0 0
Lowe's Companies Inc. COM 548661107 20,303 426,437 SH   SOLE   426,437 0 0
Macquarie Infrastructure Company COM 55608B105 268 5,000 SH   SOLE   5,000 0 0
Magellan Midstream Partners LP COM COM 559080106 468 8,300 SH   SOLE   8,300 0 0
Markel Corp. COM 570535104 412 795 SH   SOLE   795 0 0
Methanex Corp. COM 59151K108 1,421 27,725 SH   SOLE   27,725 0 0
Microsoft Corp. COM 594918104 14,625 439,461 SH   SOLE   439,461 0 0
National Grid PLC ADR COM 636274300 7,542 127,722 SH   SOLE   127,722 0 0
National Oilwell Varco, Inc. COM 637071101 9,168 117,368 SH   SOLE   117,368 0 0
Nextera Energy Corp COM 65339F101 4,720 58,876 SH   SOLE   58,876 0 0
Noble Corp. COM H5833N103 4,515 119,527 SH   SOLE   119,527 0 0
Norfolk Southern Corp. COM 655844108 216 2,794 SH   SOLE   2,794 0 0
Northeast Utilities COM 664397106 1,114 26,997 SH   SOLE   26,997 0 0
Novartis AG ADR COM 66987V109 19,396 252,842 SH   SOLE   252,842 0 0
Nustar Energy LP COM 67058H102 1,399 34,886 SH   SOLE   34,886 0 0
Nuveen Floating Rate Income Fund COM 67072T108 976 81,592 SH   SOLE   81,592 0 0
O'Reilly Automotive, Inc. COM 67103H107 211 1,650 SH   SOLE   1,650 0 0
Oneok Inc. COM 682680103 645 12,103 SH   SOLE   12,103 0 0
Orange ADR COM 684060106 3,957 316,331 SH   SOLE   316,331 0 0
PNC Financial Services Group COM 693475105 10,611 146,465 SH   SOLE   146,465 0 0
PPL Corp. COM 69351T106 883 29,052 SH   SOLE   29,052 0 0
Pembina Pipeline Corp. COM 706327103 5,580 168,417 SH   SOLE   168,417 0 0
Penn West Energy Trust COM 707887105 633 56,846 SH   SOLE   56,846 0 0
Pepsico Inc. COM 713448108 623 7,835 SH   SOLE   7,835 0 0
Pfizer Inc. COM 717081103 12,513 435,626 SH   SOLE   435,626 0 0
Philip Morris International COM 718172109 287 3,314 SH   SOLE   3,314 0 0
Plains All American Pipeline Lp COM 726503105 477 9,050 SH   SOLE   9,050 0 0
Potomac Electric Pwr Co. COM 713291102 326 17,634 SH   SOLE   17,634 0 0
Rogers Communications Inc. COM 775109200 6,116 142,195 SH   SOLE   142,195 0 0
Royal Dutch Shell B COM 780259107 233 3,391 SH   SOLE   3,391 0 0
SPDR Barclays Capital High Yield Bond COM 78464A417 1,300 32,630 SH   SOLE   32,630 0 0
Schlumberger Ltd. COM 806857108 270 3,052 SH   SOLE   3,052 0 0
Spectra Energy COM 847560109 8,750 255,630 SH   SOLE   255,630 0 0
Sun Hydraulics Corp. COM 866942105 233 6,425 SH   SOLE   6,425 0 0
TC Pipelines LP COM 87233Q108 558 11,452 SH   SOLE   11,452 0 0
Thermo Fisher Scientific Inc. COM 883556102 9,008 97,752 SH   SOLE   97,752 0 0
Tupperware Corp. COM 899896104 9,718 112,521 SH   SOLE   112,521 0 0
United Parcel Service - B COM 911312106 10,295 112,674 SH   SOLE   112,674 0 0
United Technologies Corp. Preferred A PFD 913017117 3,043 46,970 SH   SOLE   46,970 0 0
Vanguard Emerging Markets Stock ETF COM 922042858 207 5,167 SH   SOLE   5,167 0 0
Vodaphone Group ADR COM 92857W209 9,186 261,114 SH   SOLE   261,114 0 0
WPX Energy, Inc. COM 98212B103 587 30,490 SH   SOLE   30,490 0 0
Wal-Mart Stores Inc. COM 931142103 486 6,566 SH   SOLE   6,566 0 0
Walgreen Company COM 931422109 323 6,000 SH   SOLE   6,000 0 0
Wellpoint Inc. COM 94973V107 12,818 153,302 SH   SOLE   153,302 0 0
Wells Fargo & Co. COM 949746101 599 14,485 SH   SOLE   14,485 0 0
Wells Fargo & Co. Pfd A PFD 949746804 4,714 4,144 SH   SOLE   4,144 0 0
Westar Energy Inc. COM 95709T100 3,289 107,311 SH   SOLE   107,311 0 0
Western Asset High Income COM 95766K109 3,072 514,625 SH   SOLE   514,625 0 0
Western Union Co. COM 959802109 9,334 500,219 SH   SOLE   500,219 0 0
Weyerhaeuser Co. 6.375% Man. Conv. Pfd A PFD 962166872 3,298 62,240 SH   SOLE   62,240 0 0
Wisdom Tree Emerging Markets Local Debt COM 97717X867 5,311 112,813 SH   SOLE   112,813 0 0
Wisdom Tree Japan Hedged Equity Index COM 97717W851 2,628 54,830 SH   SOLE   54,830 0 0
Wisdom Tree Small Cap COM 97717W562 9,179 124,091 SH   SOLE   124,091 0 0
WisdomTree Emerging Markets COM 97717W315 6,720 130,015 SH   SOLE   130,015 0 0
Xcel Energy Inc. COM 98389B100 1,691 61,243 SH   SOLE   61,243 0 0
iShares Barclay 1-3 Year Credit Bond COM 464288646 297 2,820 SH   SOLE   2,820 0 0
iShares TR iBoxx High Yield Corp Bd COM 464288513 230 2,516 SH   SOLE   2,516 0 0