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
3M Company COMMON STOCK 88579Y101 534 3,238 SH   SOLE NONE 3,238 0 0
Abbott Laboratories COMMON STOCK 002824100 1,868 40,314 SH   SOLE NONE 40,314 0 0
AbbVie Inc. COMMON STOCK 00287Y109 1,574 26,882 SH   SOLE NONE 26,882 0 0
Aberdeen Asia-Pacific Income F ETF/ETN 003009107 167 31,037 SH   SOLE NONE 31,037 0 0
ABM Industries COMMON STOCK 000957100 405 12,700 SH   SOLE NONE 12,700 0 0
Accenture COMMON STOCK G1151C101 180 1,917 SH   SOLE NONE 1,917 0 0
AGL Resources COMMON STOCK 654086107 1,036 20,859 SH   SOLE NONE 20,859 0 0
Alaska Air Group COMMON STOCK 011659109 410 6,200 SH   SOLE NONE 6,200 0 0
Alaska Comm Sys Grp Inc COMMON STOCK 01167P101 42 25,000 SH   SOLE NONE 25,000 0 0
Alexander & Baldwin COMMON STOCK 014491104 668 15,464 SH   SOLE NONE 15,464 0 0
Altria Group COMMON STOCK 718154107 279 5,584 SH   SOLE NONE 5,584 0 0
Amazon.com Inc. COMMON STOCK 023135106 182 490 SH   SOLE NONE 490 0 0
American Airlines Group Inc. COMMON STOCK 02376R102 495 9,370 SH   SOLE NONE 9,370 0 0
American Express COMMON STOCK 025816109 1,140 14,595 SH   SOLE NONE 14,595 0 0
AmerisourceBergen Corp COMMON STOCK 03073E105 5,935 52,209 SH   SOLE NONE 52,209 0 0
Amgen Inc COMMON STOCK 031162100 215 1,347 SH   SOLE NONE 1,347 0 0
Anadarko Pete Corp COMMON STOCK 032511107 292 3,525 SH   SOLE NONE 3,525 0 0
Anheuser-Busch InBev COMMON STOCK 035229103 165 1,350 SH   SOLE NONE 1,350 0 0
Apollo Commercial Real Estate COMMON STOCK 03762U105 695 40,450 SH   SOLE NONE 40,450 0 0
Apple Computer COMMON STOCK 037833100 1,606 12,905 SH   SOLE NONE 12,905 0 0
Archer Daniels Midland COMMON STOCK 039483102 434 9,150 SH   SOLE NONE 9,150 0 0
AT&T COMMON STOCK 00206R102 288 8,823 SH   SOLE NONE 8,823 0 0
Automatic Data Processing COMMON STOCK 053015103 492 5,750 SH   SOLE NONE 5,750 0 0
Avista Corp. COMMON STOCK 05379B107 449 13,150 SH   SOLE NONE 13,150 0 0
Ball Corp COMMON STOCK 058498106 1,895 26,829 SH   SOLE NONE 26,829 0 0
Bank of America COMMON STOCK 060505104 186 12,118 SH   SOLE NONE 12,118 0 0
Bank of New York Mellon COMMON STOCK 064058100 1,984 49,306 SH   SOLE NONE 49,306 0 0
Bank of Nova Scotia COMMON STOCK 064149107 988 19,678 SH   SOLE NONE 19,678 0 0
Baxter International COMMON STOCK 071813109 175 2,550 SH   SOLE NONE 2,550 0 0
BCE COMMON STOCK 05534B760 254 6,000 SH   SOLE NONE 6,000 0 0
Berkshire Hathaway Cl A COMMON STOCK 084670108 4,785 22 SH   SOLE NONE 22 0 0
Berkshire Hathaway Cl B COMMON STOCK 084670702 9,960 69,016 SH   SOLE NONE 69,016 0 0
Boeing COMMON STOCK 097023105 884 5,887 SH   SOLE NONE 5,887 0 0
BP p.l.c. COMMON STOCK 055622104 309 7,900 SH   SOLE NONE 7,900 0 0
Bristol Myers Squibb COMMON STOCK 110122108 2,196 34,053 SH   SOLE NONE 34,053 0 0
Brixmor Property Group Inc. COMMON STOCK 11120U105 979 36,875 SH   SOLE NONE 36,875 0 0
Broadridge Financial Solutions COMMON STOCK 11133T103 358 6,500 SH   SOLE NONE 6,500 0 0
Campbell Soup Company COMMON STOCK 134429109 402 8,632 SH   SOLE NONE 8,632 0 0
Canadian National Railway Co. COMMON STOCK 136375102 465 6,950 SH   SOLE NONE 6,950 0 0
Carriage Services COMMON STOCK 143905107 130 5,450 SH   SOLE NONE 5,450 0 0
Cenovus Energy Inc. COMMON STOCK 15135U109 180 10,687 SH   SOLE NONE 10,687 0 0
ChevronTexaco COMMON STOCK 166764100 1,460 13,903 SH   SOLE NONE 13,903 0 0
Clorox Company COMMON STOCK 189054109 574 5,201 SH   SOLE NONE 5,201 0 0
Coca Cola Enterprises Inc COMMON STOCK 191219104 371 8,395 SH   SOLE NONE 8,395 0 0
Coca-Cola Company COMMON STOCK 191216100 906 22,341 SH   SOLE NONE 22,341 0 0
Comcast Corporation COMMON STOCK 20030N101 1,147 20,317 SH   SOLE NONE 20,317 0 0
Conoco Phillips COMMON STOCK 718507106 158 2,530 SH   SOLE NONE 2,530 0 0
Cooper International Corp. COMMON STOCK 216640102 211 4,678 SH   SOLE NONE 4,678 0 0
Corning Inc COMMON STOCK 219350105 116 5,100 SH   SOLE NONE 5,100 0 0
Costco Wholesale COMMON STOCK 22160K105 951 6,275 SH   SOLE NONE 6,275 0 0
Deere & Company COMMON STOCK 244199105 498 5,676 SH   SOLE NONE 5,676 0 0
Delta Air Lines Inc. COMMON STOCK 247361702 220 4,900 SH   SOLE NONE 4,900 0 0
Dentsply Intl Inc COMMON STOCK 249030107 102 2,000 SH   SOLE NONE 2,000 0 0
Devon Energy Corp COMMON STOCK 25179M103 124 2,050 SH   SOLE NONE 2,050 0 0
Diageo PLC COMMON STOCK 25243Q205 208 1,885 SH   SOLE NONE 1,885 0 0
Dominion Resources COMMON STOCK 25746U109 711 10,027 SH   SOLE NONE 10,027 0 0
Dover Corp COMMON STOCK 260003108 194 2,804 SH   SOLE NONE 2,804 0 0
Du Pont COMMON STOCK 263534109 2,606 36,460 SH   SOLE NONE 36,460 0 0
Duke Energy COMMON STOCK 264399106 199 2,588 SH   SOLE NONE 2,588 0 0
Edwards Lifesciences COMMON STOCK 28176E108 142 1,000 SH   SOLE NONE 1,000 0 0
Enbridge Inc COMMON STOCK 29250N105 121 2,500 SH   SOLE NONE 2,500 0 0
Equity Residential REIT 29476L107 241 3,100 SH   SOLE NONE 3,100 0 0
Era Group Inc. COMMON STOCK 26885G109 145 6,941 SH   SOLE NONE 6,941 0 0
Eversource Energy COMMON STOCK 30040W108 952 18,846 SH   SOLE NONE 18,846 0 0
Exelis Inc COMMON STOCK 30162A108 376 15,448 SH   SOLE NONE 15,448 0 0
Express Scripts Holding Co. COMMON STOCK 302182100 148 1,705 SH   SOLE NONE 1,705 0 0
Exxon Mobil COMMON STOCK 30231G102 1,503 17,677 SH   SOLE NONE 17,677 0 0
Facebook Inc COMMON STOCK 30303M102 189 2,300 SH   SOLE NONE 2,300 0 0
Fedex Corp COMMON STOCK 31428X106 811 4,900 SH   SOLE NONE 4,900 0 0
Fiat Chrysler Automobiles N.V. COMMON STOCK N31738102 1,269 77,800 SH   SOLE NONE 77,800 0 0
Fiserv Inc COMMON STOCK 337733108 318 4,000 SH   SOLE NONE 4,000 0 0
Fomento Economico Mexicano COMMON STOCK 344419106 2,134 22,826 SH   SOLE NONE 22,826 0 0
Ford Motor COMMON STOCK 345370860 740 45,831 SH   SOLE NONE 45,831 0 0
Forestar Group Inc. COMMON STOCK 346233109 234 14,850 SH   SOLE NONE 14,850 0 0
Fresh Del Monte Produce COMMON STOCK G36738105 3,022 77,676 SH   SOLE NONE 77,676 0 0
General American Investors Co. COMMON STOCK 368802104 185 5,300 SH   SOLE NONE 5,300 0 0
General Electric COMMON STOCK 369604103 463 18,668 SH   SOLE NONE 18,668 0 0
General Mills COMMON STOCK 370334104 5,873 103,760 SH   SOLE NONE 103,760 0 0
General Motors COMMON STOCK 37045V100 369 9,850 SH   SOLE NONE 9,850 0 0
Genuine Parts COMMON STOCK 372460105 1,441 15,467 SH   SOLE NONE 15,467 0 0
GlaxoSmithKline Plc Adr COMMON STOCK 37733W105 138 3,000 SH   SOLE NONE 3,000 0 0
Google Inc Cl A COMMON STOCK 38259P508 1,035 1,866 SH   SOLE NONE 1,866 0 0
Google Inc Class C COMMON STOCK 38259P706 637 1,163 SH   SOLE NONE 1,163 0 0
Hasbro COMMON STOCK 418056107 196 3,100 SH   SOLE NONE 3,100 0 0
Health Care Property REIT 40414L109 149 3,447 SH   SOLE NONE 3,447 0 0
Helmerich & Payne COMMON STOCK 423452101 296 4,350 SH   SOLE NONE 4,350 0 0
Hersha Hospitality REIT 427825104 478 73,900 SH   SOLE NONE 73,900 0 0
Highwoods Properties Inc. REIT 431284108 213 4,650 SH   SOLE NONE 4,650 0 0
Home Depot COMMON STOCK 437076102 732 6,446 SH   SOLE NONE 6,446 0 0
Honeywell Intl. COMMON STOCK 438516106 1,886 18,081 SH   SOLE NONE 18,081 0 0
Humana Inc. COMMON STOCK 444859102 673 3,782 SH   SOLE NONE 3,782 0 0
Imperial Oil Ltd. COMMON STOCK 453038408 1,117 28,010 SH   SOLE NONE 28,010 0 0
Ingles Markets, Inc. COMMON STOCK 457030104 3,037 61,384 SH   SOLE NONE 61,384 0 0
Ingram Micro Inc COMMON STOCK 457153104 305 12,150 SH   SOLE NONE 12,150 0 0
Intel COMMON STOCK 458140100 333 10,663 SH   SOLE NONE 10,663 0 0
Intl Paper Co. COMMON STOCK 460146103 4,267 76,894 SH   SOLE NONE 76,894 0 0
Investors Title COMMON STOCK 461804106 557 7,525 SH   SOLE NONE 7,525 0 0
iShares Currency Hedged MSCI G ETF/ETN 46434V704 3,535 123,848 SH   SOLE NONE 123,848 0 0
iShares DJ US Oil Equip & Svcs ETF/ETN 464288844 325 6,920 SH   SOLE NONE 6,920 0 0
iShares Global Telecom Fd ETF/ETN 464287275 1,292 21,079 SH   SOLE NONE 21,079 0 0
iShares Hong Kong Index Fd ETF/ETN 464286871 206 9,400 SH   SOLE NONE 9,400 0 0
iShares MSCI All Country World ETF/ETN 464286525 1,955 27,270 SH   SOLE NONE 27,270 0 0
iShares MSCI EAFE Minimum Vola ETF/ETN 46429B689 1,289 19,560 SH   SOLE NONE 19,560 0 0
iShares MSCI South Korea Index ETF/ETN 464286772 106 1,850 SH   SOLE NONE 1,850 0 0
iShares Russell 1000 ETF/ETN 464287622 127 1,096 SH   SOLE NONE 1,096 0 0
iShares Russell 1000 Growth In ETF/ETN 464287614 108 1,096 SH   SOLE NONE 1,096 0 0
iShares Russell 1000 Value Ind ETF/ETN 464287598 211 2,045 SH   SOLE NONE 2,045 0 0
iShares Russell Midcap Index ETF/ETN 464287499 226 1,303 SH   SOLE NONE 1,303 0 0
iShares Russell Midcap Value I ETF/ETN 464287473 313 4,164 SH   SOLE NONE 4,164 0 0
iShares Singapore Index Fd ETF/ETN 464286673 3,719 290,521 SH   SOLE NONE 290,521 0 0
iShares Taiwan Index Fd ETF/ETN 464286731 207 13,126 SH   SOLE NONE 13,126 0 0
ITT Corporation COMMON STOCK 450911102 1,531 38,354 SH   SOLE NONE 38,354 0 0
J P Morgan Chase COMMON STOCK 46625H100 715 11,796 SH   SOLE NONE 11,796 0 0
JM Smucker COMMON STOCK 832696405 350 3,025 SH   SOLE NONE 3,025 0 0
John Bean Technologies COMMON STOCK 477839104 2,276 63,718 SH   SOLE NONE 63,718 0 0
Johnson & Johnson COMMON STOCK 478160104 3,385 33,648 SH   SOLE NONE 33,648 0 0
Kimberly Clark COMMON STOCK 494368103 1,712 15,987 SH   SOLE NONE 15,987 0 0
Kraft Foods Group COMMON STOCK 50076Q106 293 3,367 SH   SOLE NONE 3,367 0 0
Kroger COMMON STOCK 501044101 10,357 135,100 SH   SOLE NONE 135,100 0 0
Laboratory Corp of America Hol COMMON STOCK 50540R409 685 5,430 SH   SOLE NONE 5,430 0 0
Liberty Global Inc Com Ser C COMMON STOCK 530555309 192 3,850 SH   SOLE NONE 3,850 0 0
Liberty Global Inc. COMMON STOCK G5480U104 198 3,850 SH   SOLE NONE 3,850 0 0
Macy's Inc COMMON STOCK 55616P104 195 3,000 SH   SOLE NONE 3,000 0 0
Marathon Oil Corp COMMON STOCK 565849106 144 5,500 SH   SOLE NONE 5,500 0 0
Marathon Petroleum Corp COMMON STOCK 56585A102 353 3,450 SH   SOLE NONE 3,450 0 0
Marcus Corp COMMON STOCK 566330106 631 29,650 SH   SOLE NONE 29,650 0 0
MartenTransport Ltd. COMMON STOCK 573075108 521 22,440 SH   SOLE NONE 22,440 0 0
Matson Navigation Co. COMMON STOCK 57686G105 1,058 25,105 SH   SOLE NONE 25,105 0 0
Maxus Realty Trust REIT 57774B109 142 4,067 SH   SOLE NONE 4,067 0 0
Mckesson Corp. COMMON STOCK 58155Q103 109 480 SH   SOLE NONE 480 0 0
MDU Resources Group Inc. COMMON STOCK 552690109 311 14,575 SH   SOLE NONE 14,575 0 0
Merck & Co Inc COMMON STOCK 58933Y105 1,681 29,245 SH   SOLE NONE 29,245 0 0
MFRI Inc. COMMON STOCK 552721102 217 34,643 SH   SOLE NONE 34,643 0 0
Microsoft COMMON STOCK 594918104 3,127 76,909 SH   SOLE NONE 76,909 0 0
Mine Safety Appliances COMMON STOCK 602720104 249 5,000 SH   SOLE NONE 5,000 0 0
Molson Coors Brewing Company COMMON STOCK 60871R209 2,151 28,891 SH   SOLE NONE 28,891 0 0
Mondelez International Inc. COMMON STOCK 609207105 337 9,338 SH   SOLE NONE 9,338 0 0
Multi Color Corp. COMMON STOCK 625383104 1,546 22,301 SH   SOLE NONE 22,301 0 0
National Oilwell COMMON STOCK 637071101 240 4,800 SH   SOLE NONE 4,800 0 0
NBT Bancorp Inc COMMON STOCK 628778102 326 13,000 SH   SOLE NONE 13,000 0 0
New York Times COMMON STOCK 650111107 674 49,005 SH   SOLE NONE 49,005 0 0
NextEra Energy Inc New COMMON STOCK 65339F101 217 2,088 SH   SOLE NONE 2,088 0 0
Nike, Inc. COMMON STOCK 654106103 2,104 20,971 SH   SOLE NONE 20,971 0 0
Norfolk Southern Crp COMMON STOCK 655844108 410 3,980 SH   SOLE NONE 3,980 0 0
Northrop Grumman Corp. COMMON STOCK 666807102 4,077 25,332 SH   SOLE NONE 25,332 0 0
Northwest Natural Gas COMMON STOCK 667655104 1,097 22,877 SH   SOLE NONE 22,877 0 0
Novartis AG Adr COMMON STOCK 66987V109 4,349 44,099 SH   SOLE NONE 44,099 0 0
Nuveen CA Muni Advantage Fund ETF/ETN 67066Y105 234 15,306 SH   SOLE NONE 15,306 0 0
Oneok Inc COMMON STOCK 682680103 169 3,500 SH   SOLE NONE 3,500 0 0
Oracle COMMON STOCK 68389X105 285 6,600 SH   SOLE NONE 6,600 0 0
Park City Group Inc. COMMON STOCK 700215304 254 18,450 SH   SOLE NONE 18,450 0 0
Pebblebrook Hotel Pfd Ser B PREFERRED STOCK 70509V308 361 13,500 SH   SOLE NONE 13,500 0 0
Pepsico COMMON STOCK 713448108 4,631 48,428 SH   SOLE NONE 48,428 0 0
Pfizer COMMON STOCK 717081103 1,436 41,265 SH   SOLE NONE 41,265 0 0
Philip Morris Intl COMMON STOCK 718172109 207 2,745 SH   SOLE NONE 2,745 0 0
Phillips 66 COMMON STOCK 718546104 109 1,385 SH   SOLE NONE 1,385 0 0
Pimco Dynamic Credit Income Fu ETF/ETN 72202D106 123 6,000 SH   SOLE NONE 6,000 0 0
Pimco ETF Short Maturity Str ETF/ETN 72201R833 2,441 24,130 SH   SOLE NONE 24,130 0 0
Pimco Muni Income Fd II Com ETF/ETN 72200W106 162 13,000 SH   SOLE NONE 13,000 0 0
Plains GP Holdings, LP COMMON STOCK 72651A108 113 4,000 SH   SOLE NONE 4,000 0 0
Portland Gen Elec Co COMMON STOCK 736508847 669 18,040 SH   SOLE NONE 18,040 0 0
Potlatch Corp COMMON STOCK 737630103 417 10,421 SH   SOLE NONE 10,421 0 0
PowerShares FTSE RAFI US 1000 ETF/ETN 73935X583 4,396 48,140 SH   SOLE NONE 48,140 0 0
Powershares High Yld Corp Bond ETF/ETN 73936T557 2,287 120,536 SH   SOLE NONE 120,536 0 0
PowerShares QQQ ETF/ETN 631100104 272 2,572 SH   SOLE NONE 2,572 0 0
PPL Corp. COMMON STOCK 69351T106 1,135 33,717 SH   SOLE NONE 33,717 0 0
Precision Castparts COMMON STOCK 740189105 370 1,762 SH   SOLE NONE 1,762 0 0
Procter & Gamble COMMON STOCK 742718109 1,108 13,526 SH   SOLE NONE 13,526 0 0
Quest Diagnostics Inc COMMON STOCK 74834L100 181 2,350 SH   SOLE NONE 2,350 0 0
Rayonier COMMON STOCK 754907103 1,646 61,047 SH   SOLE NONE 61,047 0 0
Rayonier Advanced Materials In COMMON STOCK 75508B104 252 16,917 SH   SOLE NONE 16,917 0 0
Raytheon COMMON STOCK 755111507 685 6,270 SH   SOLE NONE 6,270 0 0
Republic Services COMMON STOCK 760759100 1,815 44,758 SH   SOLE NONE 44,758 0 0
Royal Dutch Shell Cl B COMMON STOCK 780259107 502 8,007 SH   SOLE NONE 8,007 0 0
Rush Enterprises Cl B COMMON STOCK 781846308 153 6,174 SH   SOLE NONE 6,174 0 0
S & P 500 Index Fund ETF/ETN 78462F103 1,076 5,211 SH   SOLE NONE 5,211 0 0
Sanofi-Aventis Sponsored Adr COMMON STOCK 80105N105 861 17,420 SH   SOLE NONE 17,420 0 0
Scana Corp New COMMON STOCK 80589M102 365 6,638 SH   SOLE NONE 6,638 0 0
Schlumberger Limited COMMON STOCK 806857108 193 2,315 SH   SOLE NONE 2,315 0 0
Seaboard Corp. COMMON STOCK 811543107 1,012 245 SH   SOLE NONE 245 0 0
Seacorp Hldgs Inc COMMON STOCK 811904101 296 4,251 SH   SOLE NONE 4,251 0 0
Shiloh Industries Inc. COMMON STOCK 824543102 189 13,450 SH   SOLE NONE 13,450 0 0
Simon Ppty Grp REIT 828806109 117 600 SH   SOLE NONE 600 0 0
Sonoco Products COMMON STOCK 835495102 1,713 37,692 SH   SOLE NONE 37,692 0 0
Southern Co COMMON STOCK 842587107 267 6,024 SH   SOLE NONE 6,024 0 0
Southwest Air COMMON STOCK 844741108 204 4,600 SH   SOLE NONE 4,600 0 0
SPDR S&P Dividend ETF ETF/ETN 78464A763 114 1,460 SH   SOLE NONE 1,460 0 0
SPDR S&P Insurance ETF ETF/ETN 78464A789 105 1,570 SH   SOLE NONE 1,570 0 0
SPDR S&P Transport ETF ETF/ETN 78464A532 888 8,355 SH   SOLE NONE 8,355 0 0
St Jude Medical Inc COMMON STOCK 790849103 213 3,250 SH   SOLE NONE 3,250 0 0
Starbucks COMMON STOCK 855244109 915 9,657 SH   SOLE NONE 9,657 0 0
Starwood Ppty Trust, Inc. REIT 85571B105 136 5,600 SH   SOLE NONE 5,600 0 0
Streettracks Gold Shrs ETF/ETN 78463V107 1,393 12,253 SH   SOLE NONE 12,253 0 0
Stryker Corp COMMON STOCK 863667101 2,014 21,836 SH   SOLE NONE 21,836 0 0
Syngenta AG COMMON STOCK 87160A100 2,767 40,812 SH   SOLE NONE 40,812 0 0
T Rowe Price Group, Inc. ETF/ETN 74144T108 159 1,960 SH   SOLE NONE 1,960 0 0
The GEO Group, Inc REIT 36162J106 749 17,134 SH   SOLE NONE 17,134 0 0
The Howard Hughes Corporation COMMON STOCK 44267D107 116 750 SH   SOLE NONE 750 0 0
Timken Co COMMON STOCK 887389104 126 3,000 SH   SOLE NONE 3,000 0 0
Travelers Cos Inc. COMMON STOCK 89417E109 243 2,245 SH   SOLE NONE 2,245 0 0
Trustco Bk Corp Ny COMMON STOCK 898349105 172 25,000 SH   SOLE NONE 25,000 0 0
Twenty-First Century Fox, Cl B COMMON STOCK 90130A200 628 19,100 SH   SOLE NONE 19,100 0 0
UGI Corp COMMON STOCK 902681105 1,237 37,966 SH   SOLE NONE 37,966 0 0
Unilever PLC COMMON STOCK 904767704 365 8,754 SH   SOLE NONE 8,754 0 0
Union Pacific COMMON STOCK 907818108 6,545 60,426 SH   SOLE NONE 60,426 0 0
United Technologies COMMON STOCK 913017109 2,453 20,928 SH   SOLE NONE 20,928 0 0
Unitedhealth Group COMMON STOCK 91324P102 360 3,040 SH   SOLE NONE 3,040 0 0
Urstadt Biddle Pptys COMMON STOCK 917286106 1,071 56,814 SH   SOLE NONE 56,814 0 0
Urstadt Biddle Pptys 6.75% 12/ PREFERRED STOCK 917286809 364 13,775 SH   SOLE NONE 13,775 0 0
Urstadt Biddle Pptys Inc Cl A COMMON STOCK 917286205 1,530 66,364 SH   SOLE NONE 66,364 0 0
Urstadt Biddle Pptys Inc Pfd S PREFERRED STOCK 917286700 663 24,400 SH   SOLE NONE 24,400 0 0
US Bancorp COMMON STOCK 902973304 4,144 94,897 SH   SOLE NONE 94,897 0 0
V F Corp COMMON STOCK 918204108 399 5,300 SH   SOLE NONE 5,300 0 0
Vanguard Consumer Staples ETF ETF/ETN 92204A207 406 3,200 SH   SOLE NONE 3,200 0 0
Vanguard Dividend Appreciation ETF/ETN 921908844 1,547 19,230 SH   SOLE NONE 19,230 0 0
Vanguard Energy ETF ETF/ETN 92204A306 6,745 61,718 SH   SOLE NONE 61,718 0 0
Vanguard Extended Mkt ETF ETF/ETN 922908652 2,267 24,520 SH   SOLE NONE 24,520 0 0
Vanguard Financials ETF ETF/ETN 92204A405 1,566 31,770 SH   SOLE NONE 31,770 0 0
Vanguard FTSE All World exUS E ETF/ETN 922042775 167 3,429 SH   SOLE NONE 3,429 0 0
Vanguard Global ex-US Real Est ETF/ETN 922042676 190 3,370 SH   SOLE NONE 3,370 0 0
Vanguard Growth ETF ETF/ETN 922908736 147 1,409 SH   SOLE NONE 1,409 0 0
Vanguard Health Care ETF ETF/ETN 92204A504 1,545 11,400 SH   SOLE NONE 11,400 0 0
Vanguard High Dividend Yield I ETF/ETN 921946406 15,431 225,924 SH   SOLE NONE 225,924 0 0
Vanguard Information Technolog ETF/ETN 92204A702 8,491 79,715 SH   SOLE NONE 79,715 0 0
Vanguard Intermediate-Term Cor ETF/ETN 92206C870 139 1,580 SH   SOLE NONE 1,580 0 0
Vanguard Mega Cap ETF ETF/ETN 921910873 4,596 65,319 SH   SOLE NONE 65,319 0 0
Vanguard REIT Index ETF ETF/ETN 922908553 581 6,889 SH   SOLE NONE 6,889 0 0
Vanguard S&P 500 ETF ETF/ETN 922908363 3,641 19,245 SH   SOLE NONE 19,245 0 0
Vanguard Short Term Bond ETF ETF/ETN 921937827 266 3,300 SH   SOLE NONE 3,300 0 0
Vanguard Small Cap Value ETF ETF/ETN 922908611 1,508 13,781 SH   SOLE NONE 13,781 0 0
Vanguard Total Stock Mkt ETF ETF/ETN 922908769 22,590 210,626 SH   SOLE NONE 210,626 0 0
Vanguard Total World Stk Index ETF/ETN 922042742 3,029 49,186 SH   SOLE NONE 49,186 0 0
Vanguard Utilities ETF ETF/ETN 92204A876 1,621 16,733 SH   SOLE NONE 16,733 0 0
Vectren Corp COMMON STOCK 92240G101 1,369 31,023 SH   SOLE NONE 31,023 0 0
Ventas Inc. COMMON STOCK 92276F100 730 10,000 SH   SOLE NONE 10,000 0 0
Verizon Communications COMMON STOCK 92343V104 2,221 45,666 SH   SOLE NONE 45,666 0 0
Visa Inc COMMON STOCK 92826C839 300 4,592 SH   SOLE NONE 4,592 0 0
Vodafone Group PLC COMMON STOCK 92857W100 426 13,044 SH   SOLE NONE 13,044 0 0
Wabash National Corp. COMMON STOCK 929566107 100 7,100 SH   SOLE NONE 7,100 0 0
Wal-Mart Stores COMMON STOCK 931142103 1,569 19,073 SH   SOLE NONE 19,073 0 0
Walt Disney Co. COMMON STOCK 254687106 2,833 27,008 SH   SOLE NONE 27,008 0 0
Washington Real Estate Inv Tru REIT 939653101 145 5,250 SH   SOLE NONE 5,250 0 0
Waste Management COMMON STOCK 94106L109 739 13,623 SH   SOLE NONE 13,623 0 0
Wells Fargo & Co COMMON STOCK 949746101 662 12,173 SH   SOLE NONE 12,173 0 0
Weyerhaeuser REIT 962166104 808 24,369 SH   SOLE NONE 24,369 0 0
Whirlpool Corp COMMON STOCK 963320106 1,171 5,795 SH   SOLE NONE 5,795 0 0
Whitestone Reit REIT 966084204 647 40,750 SH   SOLE NONE 40,750 0 0
Williams Companies, Inc. COMMON STOCK 969457100 123 2,435 SH   SOLE NONE 2,435 0 0
WisdomTree DEFA ETF ETF/ETN 97717W703 1,425 27,512 SH   SOLE NONE 27,512 0 0
WisdomTree Emerging Mkts Small ETF/ETN 97717W281 2,531 57,229 SH   SOLE NONE 57,229 0 0
WisdomTree Japan Hedged Equity ETF/ETN 97717W851 1,408 25,545 SH   SOLE NONE 25,545 0 0
Xylem Inc COMMON STOCK 98419M100 319 9,123 SH   SOLE NONE 9,123 0 0
Yahoo! Inc. COMMON STOCK 984332106 1,319 29,691 SH   SOLE NONE 29,691 0 0
Zimmer Holdings COMMON STOCK 98956P102 162 1,380 SH   SOLE NONE 1,380 0 0