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
AMR Corp. COM 001765106 204,746 17,976 SH   SOLE 0 17,976 0 0
Alcoa, Inc. COM 013817101 2,947 229 SH   SOLE 0 229 0 0
Alliance One Int COM 018772103 5,840 2,000 SH   SOLE 0 2,000 0 0
American Express COM 025816109 1,226,569 13,624 SH   SOLE 0 13,624 0 0
Arkansas Best COM 040790107 1,688,659 45,701 SH   SOLE 0 45,701 0 0
Astoria Financial COM 046265104 445,626 32,245 SH   SOLE 0 32,245 0 0
Atlas Pipeline Partners COM 049392103 8,089,312 251,925 SH   SOLE 0 251,925 0 0
BB&T Corporation COM 054937107 36,153 900 SH   SOLE 0 900 0 0
Bank of America COM 060505104 340,629 19,804 SH   SOLE 0 19,804 0 0
Bank of America CONV PREF 060505682 33,182 29 SH   SOLE 0 29 0 0
Baylake Corp. COM 072788102 587,084 46,300 SH   SOLE 0 46,300 0 0
Berkshire Hills Bancorp Inc COM 084680107 148,008 5,719 SH   SOLE 0 5,719 0 0
The Boeing Company COM 097023105 1,820,609 14,508 SH   SOLE 0 14,508 0 0
Bristol-Myers Squibb Co COM 110122108 74,139 1,427 SH   SOLE 0 1,427 0 0
CVR Partners, LP COM 126633106 21,190 1,000 SH   SOLE 0 1,000 0 0
Capital Bank Financial COM 139794101 11,877 473 SH   SOLE 0 473 0 0
Caterpillar Inc. COM 149123101 1,365,841 13,745 SH   SOLE 0 13,745 0 0
Chevron Corporation COM 166764100 2,173,556 18,279 SH   SOLE 0 18,279 0 0
Choiceone Financial COM 170386106 9,936 576 SH   SOLE 0 576 0 0
Coca-Cola COM 191216100 629,849 16,292 SH   SOLE 0 16,292 0 0
Codorus Bancorp Inc. COM 192025104 558,292 26,598 SH   SOLE 0 26,598 0 0
Cooper Tire & Rubber COM 216831107 22,467 925 SH   SOLE 0 925 0 0
DCB Financial Corp. COM 233075100 50,093 7,827 SH   SOLE 0 7,827 0 0
Daktronics Inc. COM 234264109 1,192,471 82,868 SH   SOLE 0 82,868 0 0
Walt Disney Co. COM 254687106 1,137,795 14,210 SH   SOLE 0 14,210 0 0
Du Pont COM 263534109 961,140 14,324 SH   SOLE 0 14,324 0 0
Eastern Virginia Bankshares COM 277196101 907,451 140,690 SH   SOLE 0 140,690 0 0
El Paso Pipeline Partners COM 283702108 4,032,753 132,700 SH   SOLE 0 132,700 0 0
Enterprise Products COM 293792107 3,205,529 46,216 SH   SOLE 0 46,216 0 0
F.N.B. Corporation COM 302520101 113,150 8,444 SH   SOLE 0 8,444 0 0
Federal Agricultural Mortgage COM 313148306 13,300 400 SH   SOLE 0 400 0 0
Freddie Mac PREF STK 313400640 1,369,890 147,300 SH   SOLE 0 147,300 0 0
Fifth Third Bancorp COM 316773100 122,235 5,325 SH   SOLE 0 5,325 0 0
First Bancorp COM 318910106 250,800 13,200 SH   SOLE 0 13,200 0 0
First Bancshares, Inc. COM 318916103 611,817 42,311 SH   SOLE 0 42,311 0 0
First Commonwealth Fin COM 319829107 213,010 23,563 SH   SOLE 0 23,563 0 0
First Community COM 319835104 190,082 17,002 SH   SOLE 0 17,002 0 0
First Merchants COM 320817109 427,282 19,745 SH   SOLE 0 19,745 0 0
FreightCar America Inc. COM 357023100 738,056 31,758 SH   SOLE 0 31,758 0 0
General Electric COM 369604103 851,770 32,900 SH   SOLE 0 32,900 0 0
Genesis Energy LP COM 371927104 6,346,278 117,090 SH   SOLE 0 117,090 0 0
HF Financial Corp. COM 404172108 535,415 40,076 SH   SOLE 0 40,076 0 0
Hawaiian Holdings COM 419879101 2,794,513 200,180 SH   SOLE 0 200,180 0 0
Hewlett-Packard COM 428236103 60,028 1,855 SH   SOLE 0 1,855 0 0
Holly Energy Partners COM 435763107 3,223,825 97,191 SH   SOLE 0 97,191 0 0
Home Depot COM 437076102 1,196,683 15,123 SH   SOLE 0 15,123 0 0
HopFed Bancorp COM 439734104 309,507 26,522 SH   SOLE 0 26,522 0 0
Independent Bank COM 453838609 712,018 54,855 SH   SOLE 0 54,855 0 0
Intel Corporation COM 458140100 457,631 17,728 SH   SOLE 0 17,728 0 0
IBM COM 459200101 2,683,503 13,941 SH   SOLE 0 13,941 0 0
International Paper COM 460146103 16,746 365 SH   SOLE 0 365 0 0
Intervest Bancshares COM 460927106 547,985 73,555 SH   SOLE 0 73,555 0 0
iShares Barclays TIPS COM 464287176 200,910 1,792 SH   SOLE 0 1,792 0 0
iShares DJ US Financial COM 464287788 390,322 4,774 SH   SOLE 0 4,774 0 0
Jefferson Bancshares COM 472375104 631,543 80,967 SH   SOLE 0 80,967 0 0
Johnson & Johnson COM 478160104 1,736,805 17,681 SH   SOLE 0 17,681 0 0
Kaiser Aluminum Corp COM 483007704 1,466,681 20,536 SH   SOLE 0 20,536 0 0
Kinder Morgan Energy Partners COM 494550106 1,113,539 15,058 SH   SOLE 0 15,058 0 0
MDC Holdings, Inc. COM 552676108 886,295 31,340 SH   SOLE 0 31,340 0 0
Magellan Midstream COM 559080106 12,199,409 174,927 SH   SOLE 0 174,927 0 0
MarkWest Energy Partners COM 570759100 9,116,712 139,570 SH   SOLE 0 139,570 0 0
Martin Midstream COM 573331105 4,465,017 103,717 SH   SOLE 0 103,717 0 0
Masonite Int COM 575385109 954,849 16,894 SH   SOLE 0 16,894 0 0
McDonald's Corp. COM 580135101 1,610,633 16,430 SH   SOLE 0 16,430 0 0
Microsoft COM 594918104 762,527 18,603 SH   SOLE 0 18,603 0 0
MidWest One Fin COM 598511103 225,747 8,944 SH   SOLE 0 8,944 0 0
OM Group Inc. COM 670872100 1,215,095 36,577 SH   SOLE 0 36,577 0 0
Olin Corp. COM 680665205 1,543,008 55,886 SH   SOLE 0 55,886 0 0
OmniVision Technologies COM 682128103 844,733 47,725 SH   SOLE 0 47,725 0 0
ONEOK Inc. COM 682680103 9,336,065 157,571 SH   SOLE 0 157,571 0 0
Oxford Resource Partners COM 691807101 768,797 572,874 SH   SOLE 0 572,874 0 0
Pacific Commerce Bank COM 694124108 7,488 1,800 SH   SOLE 0 1,800 0 0
Peoples Bancorp of NC COM 710577107 536,952 34,420 SH   SOLE 0 34,420 0 0
PetroQuest Energy CONV PREF 716748207 2,943,359 75,220 SH   SOLE 0 75,220 0 0
Pfizer Inc. COM 717081103 755,880 23,533 SH   SOLE 0 23,533 0 0
Plains All American Pipeline COM 726503105 1,763,068 31,986 SH   SOLE 0 31,986 0 0
Primus Telecom COM 741929137 11,065 9,417 SH   SOLE 0 9,417 0 0
Primus Telecom COM 741929145 1,601 9,417 SH   SOLE 0 9,417 0 0
Procter & Gamble COM 742718109 1,330,625 16,509 SH   SOLE 0 16,509 0 0
RAIT Financial Trust COM 749227104 118,011 13,900 SH   SOLE 0 13,900 0 0
Rofin-Sinar Technologies COM 775043102 546,887 22,825 SH   SOLE 0 22,825 0 0
Rose Rock Midstream COM 777149105 9,416,743 226,964 SH   SOLE 0 226,964 0 0
Sonic Corp. COM 835451105 886,873 38,915 SH   SOLE 0 38,915 0 0
Southeastern Bank Financial COM 841584105 417,619 19,254 SH   SOLE 0 19,254 0 0
Southern First Bancshares COM 842873101 806,124 58,120 SH   SOLE 0 58,120 0 0
Southwest Bancorp Inc. COM 844767103 14,128 800 SH   SOLE 0 800 0 0
Spartan Motors, Inc. COM 846819100 769,587 149,725 SH   SOLE 0 149,725 0 0
SunPower Corporation COM 867652406 17,291 536 SH   SOLE 0 536 0 0
SunTrust Banks, Inc. COM 867914103 370,246 9,305 SH   SOLE 0 9,305 0 0
Superior Industries COM 868168105 1,071,498 52,294 SH   SOLE 0 52,294 0 0
SUPERVALU Inc. COM 868536103 779,924 114,024 SH   SOLE 0 114,024 0 0
Susquehanna Bancshares COM 869099101 24,446 2,150 SH   SOLE 0 2,150 0 0
Timberland Bancorp COM 887098101 415,802 38,860 SH   SOLE 0 38,860 0 0
Umpqua Holdings COM 904214103 20,504 1,100 SH   SOLE 0 1,100 0 0
Unisys Corp COM 909214306 1,325,924 43,530 SH   SOLE 0 43,530 0 0
United Bancshares COM 909458101 486,705 30,736 SH   SOLE 0 30,736 0 0
United Community Financial COM 909839102 592,755 151,213 SH   SOLE 0 151,213 0 0
United Technologies COM 913017109 1,632,255 13,970 SH   SOLE 0 13,970 0 0
Wal-Mart Stores COM 931142103 1,228,077 16,068 SH   SOLE 0 16,068 0 0
Western Gas Partners COM 958254104 503,044 7,600 SH   SOLE 0 7,600 0 0
Williams Companies COM 969457100 15,187,158 374,252 SH   SOLE 0 374,252 0 0
Yadkin Financial COM 984305102 536,042 25,037 SH   SOLE 0 25,037 0 0
Zions Bancorp COM 989701107 469,378 15,151 SH   SOLE 0 15,151 0 0
Travelers COM 89417e109 1,183,741 13,910 SH   SOLE 0 13,910 0 0
A T & T INC NEW COM 00206r102 782,727 22,319 SH   SOLE 0 22,319 0 0
Access Midstream COM 00434l109 1,112,729 19,335 SH   SOLE 0 19,335 0 0
A E S TRUST III CONV PREF 00808n202 28,616 560 SH   SOLE 0 560 0 0
Alliance Holdings, GP COM 01861g100 7,211,884 116,096 SH   SOLE 0 116,096 0 0
Alliance Resource Partners COM 01877r108 199,833 2,375 SH   SOLE 0 2,375 0 0
Alliant Techsystems CONV BOND 018804AK0 2,904,116 1,585,000 PRN   SOLE 0 1,585,000 0 0
American Airlines Group COM 02376R102 775,517 21,189 SH   SOLE 0 21,189 0 0
AmeriServ Financial, Inc. COM 03074a102 766,212 199,016 SH   SOLE 0 199,016 0 0
Atlas Energy, LP COM 04930a104 15,710 365 SH   SOLE 0 365 0 0
Auxilium Pharma CONV BOND 05334DAA5 2,885,926 2,185,000 PRN   SOLE 0 2,185,000 0 0
BNC Bancorp COM 05566t101 619,010 35,719 SH   SOLE 0 35,719 0 0
Banc of California COM 05990k106 1,503,823 122,561 SH   SOLE 0 122,561 0 0
Banner Corp. COM 06652v208 8,254 200 SH   SOLE 0 200 0 0
C & J Energy Services COM 12467b304 1,220,783 41,865 SH   SOLE 0 41,865 0 0
CenterState Banks, Inc. COM 15201p109 316,243 28,960 SH   SOLE 0 28,960 0 0
Cenveo, Inc. COM 15670s105 173,842 57,185 SH   SOLE 0 57,185 0 0
Cenveo Corp CONV BOND 15671BAG6 4,195,298 4,227,000 PRN   SOLE 0 4,227,000 0 0
Cenveo Corp. CONV BOND 15671BAJ0 1,023,800 1,000,000 PRN   SOLE 0 1,000,000 0 0
Cisco Systems, Inc. COM 17275r102 343,196 15,311 SH   SOLE 0 15,311 0 0
Coeur D'Alene Mines CONV BOND 192108ar9 1,476,672 1,466,000 PRN   SOLE 0 1,466,000 0 0
DCP Midstream Partners COM 23311p100 7,238,548 144,482 SH   SOLE 0 144,482 0 0
DR Horton Inc. COM 23331a109 3,248 150 SH   SOLE 0 150 0 0
Dendreon Corp. CONV BOND 24823qac1 2,523,463 3,445,000 PRN   SOLE 0 3,445,000 0 0
Doral Financial PREF STK 25811p209 16,500 1,500 SH   SOLE 0 1,500 0 0
Doral Financial PREF STK 25811p407 6,010 1,000 SH   SOLE 0 1,000 0 0
Doral Financial Corporation COM 25811p886 8,680 1,000 SH   SOLE 0 1,000 0 0
Eagle Rock Energy Partners COM 26985r104 5,900,768 1,121,819 SH   SOLE 0 1,121,819 0 0
Energy Transfer Partners COM 29273R109 890,279 16,551 SH   SOLE 0 16,551 0 0
Energy Transfer Equity COM 29273v100 5,116,975 109,454 SH   SOLE 0 109,454 0 0
Energy XXI CONV PREF 29274u309 1,106,385 4,112 SH   SOLE 0 4,112 0 0
EnLink Midstream LLC COM 29336t100 2,183,228 64,326 SH   SOLE 0 64,326 0 0
EnLink Midstream Partners COM 29336u107 8,420,895 276,821 SH   SOLE 0 276,821 0 0
Exterran Partners COM 30225n105 2,737,653 96,058 SH   SOLE 0 96,058 0 0
Exxon Mobil Corporation COM 30231g102 2,134,406 21,851 SH   SOLE 0 21,851 0 0
1st Constitution Bancorp. COM 31986n102 91,853 8,844 SH   SOLE 0 8,844 0 0
First Niagara Financial COM 33582v108 513,655 54,355 SH   SOLE 0 54,355 0 0
Firstbank Corporation COM 33761g104 1,473,037 78,899 SH   SOLE 0 78,899 0 0
Genco Shipping CONV BOND 36869maa3 2,936,000 3,670,000 PRN   SOLE 0 3,670,000 0 0
General Cable CONV BOND 369300al2 2,840,425 2,825,000 PRN   SOLE 0 2,825,000 0 0
Goldman Sachs COM 38141g104 2,167,899 13,231 SH   SOLE 0 13,231 0 0
Gulf Coast Ultra Deep COM 40222t104 330,925 108,500 SH   SOLE 0 108,500 0 0
HMN Financial, Inc. COM 40424g108 474,967 48,220 SH   SOLE 0 48,220 0 0
Harvest Natural Res COM 41754v103 2,632 700 SH   SOLE 0 700 0 0
Hawaiian Holdings Co. CONV BOND 419879ad3 2,299,219 1,250,000 PRN   SOLE 0 1,250,000 0 0
Iridium Communications COM 46269c102 793,334 105,637 SH   SOLE 0 105,637 0 0
JPMorgan Chase & Co. COM 46625h100 1,155,068 19,026 SH   SOLE 0 19,026 0 0
Jefferies Group CONV BOND 472319ag7 2,016,743 1,872,000 PRN   SOLE 0 1,872,000 0 0
KB HOME CONV BOND 48666KAS8 2,459,354 2,395,000 PRN   SOLE 0 2,395,000 0 0
Kinder Morgan Management COM 49455u100 498,723 6,959 SH   SOLE 0 6,959 0 0
Kinder Morgan Inc. COM 49456b101 4,188,840 128,927 SH   SOLE 0 128,927 0 0
Kinder Morgan Inc. COM 49456b119 5,852 3,325 SH   SOLE 0 3,325 0 0
Kraft Foods Group COM 50076q106 5,386 96 SH   SOLE 0 96 0 0
MPLX, L.P. COM 55336v100 113,657 2,320 SH   SOLE 0 2,320 0 0
MainSource Financial COM 56062y102 350,892 20,520 SH   SOLE 0 20,520 0 0
Merck & Co. Inc. COM 58933y105 1,088,394 19,172 SH   SOLE 0 19,172 0 0
Meritage Homes COM 59001a102 4,188 100 SH   SOLE 0 100 0 0
MutualFirst Financial COM 62845b104 611,420 32,180 SH   SOLE 0 32,180 0 0
NGL Energy Partners COM 62913M107 23,872,600 636,094 SH   SOLE 0 636,094 0 0
NewBridge Bancorp COM 65080t102 517,286 72,449 SH   SOLE 0 72,449 0 0
Omnicare CONV PREF 68214q200 2,285,749 31,141 SH   SOLE 0 31,141 0 0
ONE Gas, Inc. COM 68235p108 8,839 246 SH   SOLE 0 246 0 0
ONEOK Partners COM 68268N103 11,637,754 217,325 SH   SOLE 0 217,325 0 0
Pacific Premier Bancorp COM 69478x105 317,958 19,700 SH   SOLE 0 19,700 0 0
Park Sterling Corp. COM 70086y105 1,091 164 SH   SOLE 0 164 0 0
Peoples Financial Corp. COM 71103b102 499,402 37,549 SH   SOLE 0 37,549 0 0
Premier Financial Bancorp COM 74050m105 649,530 45,295 SH   SOLE 0 45,295 0 0
Prospect Capital CONV BOND 74348TAK8 2,619,921 2,489,000 PRN   SOLE 0 2,489,000 0 0
QCR Holdings Inc. COM 74727a104 1,924,088 112,126 SH   SOLE 0 112,126 0 0
QEP Resources, Inc. COM 74733v100 7,320,845 248,670 SH   SOLE 0 248,670 0 0
QEP Midstream Partners COM 74735r115 4,630,877 198,070 SH   SOLE 0 198,070 0 0
RAIT Financial CONV BOND 749227aa2 5,228,183 3,862,000 PRN   SOLE 0 3,862,000 0 0
RAIT Financial CONV BOND 749227AB0 614,091 625,000 PRN   SOLE 0 625,000 0 0
Rent-A-Center COM 76009n100 918,365 34,525 SH   SOLE 0 34,525 0 0
SB Financial Group, Inc. COM 78408d105 1,142,155 136,785 SH   SOLE 0 136,785 0 0
SPDR Dow Jones Industrial COM 78467x109 4,466,068 27,192 SH   SOLE 0 27,192 0 0
Sandridge Energy CONV PREF 80007p604 4,449,425 41,390 SH   SOLE 0 41,390 0 0
Southcross Energy Partners COM 84130c100 1,695 100 SH   SOLE 0 100 0 0
Stillwater Mining CONV BOND 86074qaf9 2,124,724 2,126,000 PRN   SOLE 0 2,126,000 0 0
Summit Financial Group COM 86606g101 410,927 40,090 SH   SOLE 0 40,090 0 0
Sunpower CONV BOND 867652ac3 83,923 70,000 PRN   SOLE 0 70,000 0 0
Targa Resources COM 87611x105 984,550 17,500 SH   SOLE 0 17,500 0 0
Tesoro Logistics LP COM 88160T107 1,083,780 18,000 SH   SOLE 0 18,000 0 0
3M Co. COM 88579y101 1,916,676 14,129 SH   SOLE 0 14,129 0 0
Titan Machinery CONV BOND 88830RAB7 2,789,826 3,262,000 PRN   SOLE 0 3,262,000 0 0
Transmontaigne Partners COM 89376v100 8,130,876 188,739 SH   SOLE 0 188,739 0 0
Trinity Industries CONV BOND 896522af6 7,912 5,000 PRN   SOLE 0 5,000 0 0
USEC Inc. CONV BOND 90333eac2 1,529,809 3,789,000 PRN   SOLE 0 3,789,000 0 0
United Bancorp COM 90944l103 1,551,251 126,118 SH   SOLE 0 126,118 0 0
United Community Banks COM 90984p303 398,487 20,530 SH   SOLE 0 20,530 0 0
UnitedHealth Group COM 91324p102 1,117,606 13,631 SH   SOLE 0 13,631 0 0
Verizon Communications COM 92343v104 930,564 19,562 SH   SOLE 0 19,562 0 0
Williams Partners COM 96950f104 3,823,047 75,050 SH   SOLE 0 75,050 0 0
Xerium Technologies COM 98416j118 388,374 24,198 SH   SOLE 0 24,198 0 0
Xerium Technologies COM 98416j126 460 5,751 SH   SOLE 0 5,751 0 0
Aircastle LTD COM g0129k104 2,908,550 150,080 SH   SOLE 0 150,080 0 0
Energy XXI (Bermuda) COM g10082140 153,205 6,500 SH   SOLE 0 6,500 0 0
Bunge Ltd. CONV PREF g16962204 3,221,870 30,395 SH   SOLE 0 30,395 0 0
Genco Shipping COM y2685t107 22,977 13,055 SH   SOLE 0 13,055 0 0
Navios Maritime Partners COM y62267102 5,770,131 296,056 SH   SOLE 0 296,056 0 0
Teekay LNG Partners COM y8564m105 5,256,515 127,184 SH   SOLE 0 127,184 0 0
Teekay Offshore Partners COM y8565j101 618,179 18,893 SH   SOLE 0 18,893 0 0
SandRidge Energy, Inc. COM 80007P307 17,438 2,840 SH   SOLE 0 2,840 0 0