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
AT&T COM 001957AQ2 4,872 145,066 SH   SOLE 0 0 0 145,066
ALLIANCE RES PARTNERS LP COM 01877r108 5,672 131,760 SH   SOLE 0 0 0 131,760
ALON USA ENERGY INC COM 020520102 904 71,385 SH   SOLE 0 0 0 71,385
ANADARKO PETE CORP COM 032511107 1,143 13,865 SH   SOLE 0 0 0 13,865
APACHE CORP COM 037411105 2,121 33,850 SH   SOLE 0 0 0 33,850
APPLE INC COM 037833100 6,711 60,806 SH   SOLE 0 0 0 60,806
BARRICK GOLD CORP COM 067901108 3,158 293,807 SH   SOLE 0 0 0 293,807
BIG 5 SPORTING GOODS COM 08915p101 982 67,129 SH   SOLE 0 0 0 67,129
BOARDWALK PIPELINE PARTNERSLP COM UNIT LTD COM 096627104 5,268 296,486 SH   SOLE 0 0 0 296,486
BRINKS CO COM 109696104 959 39,301 SH   SOLE 0 0 0 39,301
BUCKEYE PARTNERS L P UNITLTD PARTNERSHIP I COM 118230101 4,743 62,694 SH   SOLE 0 0 0 62,694
CALIFORNIA RES CORP COM 13057q107 6,889 1,250,310 SH   SOLE 0 0 0 1,250,310
CALUMET SPECIALTY PROD COM 131476103 15,479 690,730 SH   SOLE 0 0 0 690,730
CHEVRON CORPORATION COM 166764100 9,650 86,029 SH   SOLE 0 0 0 86,029
COACH INC COM 189754104 6,268 166,891 SH   SOLE 0 0 0 166,891
COMSTOCK RES INC NEW COM 205768203 929 136,540 SH   SOLE 0 0 0 136,540
CONOCOPHILLIPS COM 20825c104 10,886 157,633 SH   SOLE 0 0 0 157,633
COOPER TIRE & RUBBER CO COM 216831107 1,784 51,503 SH   SOLE 0 0 0 51,503
DAWSON GEOPHYSICAL COM 239359102 528 43,238 SH   SOLE 0 0 0 43,238
DEVON ENERGY CORP NEW COM 25179m103 2,698 44,093 SH   SOLE 0 0 0 44,093
DIAMOND OFFSHR DRILLING COM 25271C102 463 12,616 SH   SOLE 0 0 0 12,616
DORCHESTER MINERALS LP COM 25820r105 7,370 288,694 SH   SOLE 0 0 0 288,694
ENBRIDGE ENERGY PARTNERSLP COM 29250r106 4,829 121,038 SH   SOLE 0 0 0 121,038
ENERGY TRANSFER PARTNERS UNITS REP L P INT COM 29273R109 5,315 81,780 SH   SOLE 0 0 0 81,780
ENTERGY CORP NEW COM 29364g103 7,745 88,539 SH   SOLE 0 0 0 88,539
ENTERPRISE PRODUCTS PPTNSLP COM 293792107 4,073 112,765 SH   SOLE 0 0 0 112,765
EV ENERGY PARTNERS LPCOM COM 26926v107 689 35,765 SH   SOLE 0 0 0 35,765
EXELON CORPORATION COM 30161N101 6,889 185,814 SH   SOLE 0 0 0 185,814
EXPRESS INC COM 30219e103 1,896 129,120 SH   SOLE 0 0 0 129,120
EXXON MOBIL CORP COM 30231g102 2,446 51,628 SH   SOLE 0 0 0 51,628
EZCORP INC CL A NON VTG COM 302301106 1,613 137,343 SH   SOLE 0 0 0 137,343
HAWAIIAN ELECTRIC INDUSTRIES COM 419870100 2,041 60,975 SH   SOLE 0 0 0 60,975
HAWAIIAN HOLDINGS INC COM 419879101 1,696 65,139 SH   SOLE 0 0 0 65,139
HERCULES OFFSHORE COM 427093109 546 546,668 SH   SOLE 0 0 0 546,668
HESS CORP COM COM 42809h107 2,495 33,806 SH   SOLE 0 0 0 33,806
HEWLETT PACKARD COMPANY COM 428236103 9,014 224,625 SH   SOLE 0 0 0 224,625
HOLLYFRONTIER CORP COM 436106108 5,058 134,973 SH   SOLE 0 0 0 134,973
ITT EDUCATIONAL SERVICES INC COM 45068b109 1,082 112,641 SH   SOLE 0 0 0 112,641
IAMGOLD CORPORATION COM 450913108 1,631 604,387 SH   SOLE 0 0 0 604,387
INTEL CORP COM 458140100 9,421 259,606 SH   SOLE 0 0 0 259,606
ISHARES MSCI EAFE ETF COM 464287465 1,057 17,381 SH   SOLE 0 0 0 17,381
ISHARES MSCI EMERGINGMARKETS ETF COM 464287234 1,262 32,128 SH   SOLE 0 0 0 32,128
ISHARES MSCI PACIFICEX JAPAN ETF COM 464286665 1,384 31,505 SH   SOLE 0 0 0 31,505
ISHARES US PREFERRED STOCKETF COM 464288687 1,249 31,674 SH   SOLE 0 0 0 31,674
JOY GLOBAL INC COM 481165108 5,662 121,732 SH   SOLE 0 0 0 121,732
KINDER MORGAN COM 49456b101 1,930 45,620 SH   SOLE 0 0 0 45,620
LEGACY RESVS PFD COM 524707502 2,766 155,340 SH   SOLE 0 0 0 155,340
LEGACY REVS LP UNIT LTD PARTNERSHIP COM 524707304 1,000 87,514 SH   SOLE 0 0 0 87,514
LIQUIDITY SERVICES COM 53635b107 665 81,500 SH   SOLE 0 0 0 81,500
MAGELLAN MIDSTREAM PARTNERSLP COMUNIT REPS COM 559080106 5,338 64,585 SH   SOLE 0 0 0 64,585
MARATHON OIL CORP ISIN#US5658491064 SEDOL# COM 565849106 2,499 88,337 SH   SOLE 0 0 0 88,337
MARLIN BUSINESS SERVICES COM 571157106 1,016 49,493 SH   SOLE 0 0 0 49,493
MARTIN MIDSTREAM PTNR LP COM 573331105 3,483 129,596 SH   SOLE 0 0 0 129,596
MICROSOFT CORP COM 594918104 3,583 77,138 SH   SOLE 0 0 0 77,138
MURPHY OIL CORP COM 626717102 10,460 207,066 SH   SOLE 0 0 0 207,066
NATURAL RESOURCE PARTNERS COM 63900p103 238 25,831 SH   SOLE 0 0 0 25,831
NEWMONT MINING CORP COM 651639106 1,107 58,604 SH   SOLE 0 0 0 58,604
NUSTAR ENERGY COM 67058h102 8,673 150,193 SH   SOLE 0 0 0 150,193
OCCIDENTAL PETE CORP COM 674599105 254,077 3,151,933 SH   SOLE 0 0 0 3,151,933
OLIN CORP COM 680665205 5,372 235,928 SH   SOLE 0 0 0 235,928
ONEOK PARTNERS L P UNITLTD PARTNERSHIP COM 68268N103 864 21,802 SH   SOLE 0 0 0 21,802
PFIZER INCORPORATED COM 717081103 3,873 124,360 SH   SOLE 0 0 0 124,360
PLAINS ALL AMERICAN PIPELINELP COM 726503105 4,079 79,489 SH   SOLE 0 0 0 79,489
PLUM CREEK TIMBER CO INC COM 729251108 4,029 94,161 SH   SOLE 0 0 0 94,161
PROSHS ULTRAPRO NEW ETF SHORT COM 74347R552 1,597 42,000 SH   SOLE 0 0 0 42,000
PUBLIC SERVICE ENTERPRISE GROUP COM 744573106 4,620 111,572 SH   SOLE 0 0 0 111,572
RAYONIER INC COM COM 754907103 392 14,061 SH   SOLE 0 0 0 14,061
SECTOR SPDR TR SHS BENINT FINANCIAL COM 81369y605 3,845 155,493 SH   SOLE 0 0 0 155,493
SKYWEST INC COM 830879102 994 74,870 SH   SOLE 0 0 0 74,870
SOUTHERN COPPER CORP COM 843611104 3,555 126,070 SH   SOLE 0 0 0 126,070
STONE ENERGY CORP COM 861642106 686 40,655 SH   SOLE 0 0 0 40,655
SUBURBAN PROPANE PARTNERSL P COM 864486AB1 598 13,852 SH   SOLE 0 0 0 13,852
SUN COMMUNITIES INC REIT COM 866674104 15,001 248,127 SH   SOLE 0 0 0 248,127
SUNOCO LOGISTICS PARTNERSL P COM UNIT COM 86764l108 4,583 109,698 SH   SOLE 0 0 0 109,698
SUNOCO LP COM 86765K109 531 10,670 SH   SOLE 0 0 0 10,670
SWIFT ENERGY COMPANY COM 870738101 612 151,184 SH   SOLE 0 0 0 151,184
TILLY'S INC COM 886885102 1,050 108,429 SH   SOLE 0 0 0 108,429
UNIVERSAL CORP VA COM 913456109 3,234 73,549 SH   SOLE 0 0 0 73,549
VAALCO ENERGY INC NEW COM 91851C201 740 162,498 SH   SOLE 0 0 0 162,498
VALE SA ADR F SPONSORED ADR 1 COM 91912e105 4,135 505,569 SH   SOLE 0 0 0 505,569
VALERO ENERGY CORP NEW COM 91913Y100 9,560 193,145 SH   SOLE 0 0 0 193,145
VERIZON COMMUNICATIONS COM 92343V104 6,067 129,697 SH   SOLE 0 0 0 129,697
WESTERN GAS PARTNERS COM 958254104 1,990 27,250 SH   SOLE 0 0 0 27,250
WEYERHAEUSER CO COM COM 962166104 4,999 139,306 SH   SOLE 0 0 0 139,306
WILLIAMS PARTNERS LP COMUNIT LTD PARTNERSH COM 96950f104 761 17,009 SH   SOLE 0 0 0 17,009