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 14,832 109,334 SH   SOLE   109,334 0 0
AES Trust III PFD 00808N202 1,771 34,663 SH   SOLE   34,663 0 0
AGL Resources COM 001204106 873 17,825 SH   SOLE   17,825 0 0
AT&T Inc. COM 00206r102 520 14,817 SH   SOLE   14,817 0 0
Aflac Inc. COM 001055102 12,526 198,698 SH   SOLE   198,698 0 0
Amer Electric Power Co. COM 025537101 4,157 82,049 SH   SOLE   82,049 0 0
American Express Co. COM 025816109 9,592 106,545 SH   SOLE   106,545 0 0
American Intl. Group Inc. COM 026874784 10,705 214,052 SH   SOLE   214,052 0 0
Amerigas Partners LP COM 030975106 4,833 114,390 SH   SOLE   114,390 0 0
Apple Computer Inc. COM 037833100 13,731 25,583 SH   SOLE   25,583 0 0
ArcelorMittal PFD L0302D178 9,347 389,775 SH   SOLE   389,775 0 0
Ares Capital Corporation COM 04010L103 9,782 555,177 SH   SOLE   555,177 0 0
Atmos Energy Corp. COM 049560105 2,281 48,401 SH   SOLE   48,401 0 0
Automatic Data Process. COM 053015103 9,082 117,551 SH   SOLE   117,551 0 0
BCE Inc. COM 05534B760 786 18,227 SH   SOLE   18,227 0 0
Bank of America Corp. Preferred L PFD 060505682 3,817 3,336 SH   SOLE   3,336 0 0
Bank of New York COM 064058100 577 16,358 SH   SOLE   16,358 0 0
Berkshire Hathaway Inc. - A COM 084670108 375 2 SH   SOLE   2 0 0
Berkshire Hathaway Inc. - B COM 084670702 24,132 193,101 SH   SOLE   193,101 0 0
BioMed Realty Trust Inc. COM 09063H107 1,293 63,085 SH   SOLE   63,085 0 0
Biogen Idec Inc. COM 09062X103 329 1,075 SH   SOLE   1,075 0 0
Black Rock Build America Bond Trust COM 09248X100 475 23,450 SH   SOLE   23,450 0 0
Buckeye Partners LP COM 118230101 1,566 20,865 SH   SOLE   20,865 0 0
CSX Corp. COM 126408103 225 7,779 SH   SOLE   7,779 0 0
CVS Corp. Del COM 126650100 211 2,818 SH   SOLE   2,818 0 0
Capital One Financial COM 14040H105 6,678 86,541 SH   SOLE   86,541 0 0
Carlyle Group LP COM 14309L102 7,962 226,565 SH   SOLE   226,565 0 0
CenterPoint Energy COM 15189T107 789 33,289 SH   SOLE   33,289 0 0
Chevrontexaco Corp. COM 166764100 969 8,146 SH   SOLE   8,146 0 0
Cigna Corp. COM 125509109 583 6,967 SH   SOLE   6,967 0 0
Cisco Systems Inc. COM 17275r102 10,788 481,302 SH   SOLE   481,302 0 0
Coca Cola Company COM 191216100 302 7,800 SH   SOLE   7,800 0 0
CommonWealth Reit Pref D PFD 203233408 1,989 79,227 SH   SOLE   79,227 0 0
Commonwealth Reit Preferred E PFD 203233606 2,019 80,266 SH   SOLE   80,266 0 0
Compass Minerals International COM 20451N101 5,136 62,239 SH   SOLE   62,239 0 0
ConocoPhillips COM 20825C104 396 5,624 SH   SOLE   5,624 0 0
Costar Grp Inc COM 22160N109 1,924 10,302 SH   SOLE   10,302 0 0
Cross Timbers Royalty Trust COM 22757R109 663 21,290 SH   SOLE   21,290 0 0
Crown Castle International Corp. Pref. A PFD 228227500 5,509 54,465 SH   SOLE   54,465 0 0
Danaher Corp. Del COM 235851102 811 10,816 SH   SOLE   10,816 0 0
Devon Energy Corp. COM 25179M103 10,218 152,664 SH   SOLE   152,664 0 0
Dominion Resources Inc. COM 25746U109 4,030 56,767 SH   SOLE   56,767 0 0
Enbridge Energy Mgmt COM 29250X103 5,475 197,590 SH   SOLE   197,590 0 0
Enbridge Energy Ptrs. LP COM 29250R106 1,252 45,668 SH   SOLE   45,668 0 0
Energy Transfer Equity L.P. COM 29273V100 1,919 41,040 SH   SOLE   41,040 0 0
Energy Transfer Partners COM 29273R109 6,569 122,114 SH   SOLE   122,114 0 0
Enerplus Corporation COM 292766102 2,299 114,789 SH   SOLE   114,789 0 0
Enterprise Products Pptns Lp COM 293792107 5,891 84,927 SH   SOLE   84,927 0 0
Express Scripts Holding Company COM 30219G108 10,663 141,997 SH   SOLE   141,997 0 0
ExxonMobil Corp. COM 30231G102 9,938 101,745 SH   SOLE   101,745 0 0
Felcor Lodging Trust Inc. Pfd. A PFD 31430F200 4,784 192,444 SH   SOLE   192,444 0 0
General Dynamics Corp. COM 369550108 8,298 76,182 SH   SOLE   76,182 0 0
General Electric Co. COM 369604103 16,332 630,839 SH   SOLE   630,839 0 0
General Motors Co. COM 37045V100 8,281 240,594 SH   SOLE   240,594 0 0
Gilead Sciences Inc. COM 375558103 687 9,700 SH   SOLE   9,700 0 0
Google Inc. Cl A COM 38259p508 13,578 12,183 SH   SOLE   12,183 0 0
HCP, Inc. COM 40414L109 6,146 158,440 SH   SOLE   158,440 0 0
Health Care REIT Inc. COM 42217K106 1,466 24,600 SH   SOLE   24,600 0 0
Horsehead Holding Corp. COM 440694305 2,514 149,450 SH   SOLE   149,450 0 0
Intel Corp. COM 458140100 12,056 467,044 SH   SOLE   467,044 0 0
International Business Machines Corp. COM 459200101 408 2,120 SH   SOLE   2,120 0 0
JP Morgan Chase & Co. COM 46625H100 283 4,655 SH   SOLE   4,655 0 0
Johnson & Johnson COM 478160104 17,385 176,987 SH   SOLE   176,987 0 0
Johnson Controls Inc. COM 478366107 18,148 383,522 SH   SOLE   383,522 0 0
Kinder Morgan Energy Ptrs. COM 494550106 3,732 50,469 SH   SOLE   50,469 0 0
Kinder Morgan Mgmt. COM 49455U100 10,938 152,611 SH   SOLE   152,611 0 0
Kohls COM 500255104 12,207 214,906 SH   SOLE   214,906 0 0
Linn Energy, LLC COM 536020100 303 10,700 SH   SOLE   10,700 0 0
Lowe's Companies Inc. COM 548661107 19,600 400,823 SH   SOLE   400,823 0 0
Macquarie Infrastructure Company COM 55608B105 286 5,000 SH   SOLE   5,000 0 0
Magellan Midstream Partners LP COM COM 559080106 579 8,300 SH   SOLE   8,300 0 0
Markel Corp. COM 570535104 474 795 SH   SOLE   795 0 0
Merck & Co. Inc. NewCom COM 58933Y105 232 4,080 SH   SOLE   4,080 0 0
Methanex Corp. COM 59151K108 1,655 25,887 SH   SOLE   25,887 0 0
Microsoft Corp. COM 594918104 18,310 446,686 SH   SOLE   446,686 0 0
National Grid PLC ADR COM 636274300 8,544 124,297 SH   SOLE   124,297 0 0
National Oilwell Varco, Inc. COM 637071101 10,891 139,857 SH   SOLE   139,857 0 0
Nextera Energy Corp COM 65339F101 5,537 57,910 SH   SOLE   57,910 0 0
Noble Corp. COM G65431101 3,843 117,372 SH   SOLE   117,372 0 0
Norfolk Southern Corp. COM 655844108 286 2,947 SH   SOLE   2,947 0 0
Northeast Utilities COM 664397106 1,210 26,590 SH   SOLE   26,590 0 0
Novartis AG ADR COM 66987V109 21,468 252,505 SH   SOLE   252,505 0 0
Novavax, Inc. COM 670002104 68 15,000 SH   SOLE   15,000 0 0
Nuveen Floating Rate Income Fund COM 67072T108 972 81,292 SH   SOLE   81,292 0 0
O'Reilly Automotive, Inc. COM 67103H107 245 1,650 SH   SOLE   1,650 0 0
Oneok Inc. COM 682680103 705 11,903 SH   SOLE   11,903 0 0
Orange ADR COM 684060106 4,514 307,281 SH   SOLE   307,281 0 0
PNC Financial Services Group COM 693475105 13,115 150,752 SH   SOLE   150,752 0 0
PPL Corp. COM 69351T106 1,052 31,733 SH   SOLE   31,733 0 0
Pembina Pipeline Corp. COM 706327103 6,292 165,238 SH   SOLE   165,238 0 0
Pepsico Inc. COM 713448108 646 7,735 SH   SOLE   7,735 0 0
Pfizer Inc. COM 717081103 13,854 431,305 SH   SOLE   431,305 0 0
Philip Morris International COM 718172109 271 3,314 SH   SOLE   3,314 0 0
Phillips 66 COM 718546104 205 2,654 SH   SOLE   2,654 0 0
Plains All American Pipeline Lp COM 726503105 499 9,050 SH   SOLE   9,050 0 0
Potomac Electric Pwr Co. COM 713291102 360 17,564 SH   SOLE   17,564 0 0
Qualcomm Inc. COM 747525103 217 2,753 SH   SOLE   2,753 0 0
RLJ Lodging Trust COM 749607107 217 8,100 SH   SOLE   8,100 0 0
Realty Income Corp COM 756109104 6,118 149,739 SH   SOLE   149,739 0 0
Rogers Communications Inc. COM 775109200 7,588 183,105 SH   SOLE   183,105 0 0
Royal Dutch Shell B COM 780259107 265 3,391 SH   SOLE   3,391 0 0
SPDR Barclays Capital High Yield Bond COM 78464A417 1,335 32,305 SH   SOLE   32,305 0 0
Sanofi-Aventis SA COM 80105N105 1,787 34,190 SH   SOLE   34,190 0 0
Schlumberger Ltd. COM 806857108 307 3,152 SH   SOLE   3,152 0 0
Spectra Energy COM 847560109 10,250 277,475 SH   SOLE   277,475 0 0
TC Pipelines LP COM 87233Q108 549 11,452 SH   SOLE   11,452 0 0
Tupperware Corp. COM 899896104 9,746 116,361 SH   SOLE   116,361 0 0
United Parcel Service - B COM 911312106 10,880 111,730 SH   SOLE   111,730 0 0
United Technologies Corp. Preferred A PFD 913017117 3,110 46,715 SH   SOLE   46,715 0 0
Verizon Communications COM 92343v104 3,280 68,943 SH   SOLE   68,943 0 0
Vodaphone Group ADR COM 92857W308 5,097 138,468 SH   SOLE   138,468 0 0
WPX Energy, Inc. COM 98212B103 287 15,940 SH   SOLE   15,940 0 0
Wal-Mart Stores Inc. COM 931142103 603 7,891 SH   SOLE   7,891 0 0
Walgreen Company COM 931422109 396 6,000 SH   SOLE   6,000 0 0
Wellpoint Inc. COM 94973V107 15,506 155,757 SH   SOLE   155,757 0 0
Wells Fargo & Co. COM 949746101 708 14,233 SH   SOLE   14,233 0 0
Wells Fargo & Co. Pfd A PFD 949746804 4,841 4,127 SH   SOLE   4,127 0 0
Westar Energy Inc. COM 95709T100 3,679 104,645 SH   SOLE   104,645 0 0
Western Asset High Income COM 95766K109 3,960 654,610 SH   SOLE   654,610 0 0
Western Union Co. COM 959802109 9,139 558,632 SH   SOLE   558,632 0 0
Weyerhaeuser Co. 6.375% Man. Conv. Pfd A PFD 962166872 3,373 61,775 SH   SOLE   61,775 0 0
Wisdom Tree Japan Hedged Equity Index COM 97717W851 2,940 62,110 SH   SOLE   62,110 0 0
Wisdom Tree Small Cap COM 97717W562 9,828 120,490 SH   SOLE   120,490 0 0
Xcel Energy Inc. COM 98389B100 1,817 59,836 SH   SOLE   59,836 0 0
iShares Barclay 1-3 Year Credit Bond COM 464288646 276 2,620 SH   SOLE   2,620 0 0