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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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
A G C O CORPCOM0010841023587,886SH SOLE 7,88600
A G L RESOURCES INCCOM0012041062414,700SH SOLE 4,70000
A T & T INC NEWCOM00206R1023309,353SH SOLE 9,35300
AIR LEASE CORPORATIONCOM00912X3021,56047,990SH SOLE 47,99000
AIRCASTLE LTDCOMG0129K1043,140191,916SH SOLE 191,91600
ALASKA AIR GROUP INC DECOM0116591092,41655,498SH SOLE 55,49800
ALPS TRUST ETF ALERIAN MLPCOM00162Q86631816,602SH SOLE 16,60200
ALTRIA GROUP INCCOM02209S1034088,883SH SOLE 8,88300
AMERICAN AIRLINES GROUP INC.COM02376R1023,24291,380SH SOLE 91,38000
AMERICAN EXPRESS COMPANYCOM0258161091,38715,840SH SOLE 15,84000
AMERICAN WATER WORKS COCOM0304201033046,300SH SOLE 6,30000
ANNALY CAPITAL MGMT REITCOM0357104092,266212,181SH SOLE 212,18100
APPLE INCCOM0378331003623,593SH SOLE 3,59300
ARES CAPITAL CORPCOM04010L1031,31081,042SH SOLE 81,04200
ATWOOD OCEANICS INCCOM0500951082415,513SH SOLE 5,51300
BB&T CORPCOM0549371072677,166SH SOLE 7,16600
BIOMED REALTY TRUST INCCOM09063H10770434,870SH SOLE 34,87000
BORG WARNER INCCOM0997241062,19541,724SH SOLE 41,72400
C S X CORPCOM1264081031,87458,465SH SOLE 58,46500
C V S HEALTH CORPCOM1266501006,45781,132SH SOLE 81,13200
CAMPUS CREST COMMUNITIESCOM13466Y1056510,090SH SOLE 10,09000
CANADIAN NATL RY CO FCOM1363751025,25574,060SH SOLE 74,06000
CANADIAN PAC RAILWAY FCOM13645T1004051,950SH SOLE 1,95000
CANARC RESOURCE CORP COMCOM13722d101010,000SH SOLE 10,00000
CAPSTEAD MORTGAGE CP NEWREITCOM14067E5064,538370,773SH SOLE 370,77300
CBS OUTDOOR AMERICAS INC.COM14987J1064,280142,945SH SOLE 142,94500
CHESAPEAKE LODGING TRUSTCOM1652401021,29144,300SH SOLE 44,30000
CHEVRON CORPORATIONCOM1667641003663,066SH SOLE 3,06600
CHICAGO BRIDGE & IRON F N Y RECOM1672501091,80931,265SH SOLE 31,26500
CISCO SYSTEMS INCCOM17275R10231612,566SH SOLE 12,56600
CLIFFS NATURAL RES INCCOM18683K10113412,900SH SOLE 12,90000
COCA COLA COMPANYCOM1912161002746,432SH SOLE 6,43200
CONOCOPHILLIPSCOM20825C1043023,950SH SOLE 3,95000
COSTAMARE INC.COMY1771G1021,49568,100SH SOLE 68,10000
CROWN HOLDINGS INCCOM2283681064239,500SH SOLE 9,50000
DELTA AIR LINES INC NEWCOM2473617023,38293,545SH SOLE 93,54500
DEVON ENERGY CP NEWCOM25179M1032924,279SH SOLE 4,27900
DIAMOND OFFSHR DRILLINGCOM25271C10235610,385SH SOLE 10,38500
DINEEQUITY INCCOM2544231067659,371SH SOLE 9,37100
DIRECTVCOM25490A3093,86744,700SH SOLE 44,70000
DISCOVER FINANCIAL SVCSCOM2547091081,90029,500SH SOLE 29,50000
DUKE ENERGY CORP NEWCOM26441C2041,70222,761SH SOLE 22,76100
EMPIRE DISTRICT ELEC COCOM29164110873330,350SH SOLE 30,35000
EXPRESS SCRIPTS HLDG COCOM30219G10896713,686SH SOLE 13,68600
EXXON MOBIL CORPORATIONCOM30231G1023303,509SH SOLE 3,50900
EYI INDS INC COMCOM26928R1040100,000SH SOLE 100,00000
FIFTH STREET FINANCE CPCOM31678A1034,191456,556SH SOLE 456,55600
FORD MOTOR COMPANY NEWCOM34537086059640,320SH SOLE 40,32000
GENERAL ELECTRIC COMPANYCOM36960410328110,966SH SOLE 10,96600
GENERAL MOTORS COCOM37045V1006,524204,257SH SOLE 204,25700
GENWORTH FINANCIAL INCCOM37247D1061,11885,373SH SOLE 85,37300
GNC Hodings IncCOM36191G10739310,150SH SOLE 10,15000
GOODYEAR TIRE & RUBBERCOM3825501011,04846,410SH SOLE 46,41000
GREAT PLAINS ENERGY INCCOM3911641001,14747,460SH SOLE 47,46000
H C P INC REITCOM40414L10967917,110SH SOLE 17,11000
HANESBRANDS INCCOM4103451025785,380SH SOLE 5,38000
HARTFORD FINL SVCS GRPCOM41651510455614,921SH SOLE 14,92100
HAWAIIAN ELEC INDUSTRIESCOM4198701002,22083,618SH SOLE 83,61800
HEALTH CARE REIT INC REITCOM42217K1063,58157,408SH SOLE 57,40800
HERTZ GLOBALCOM42805T10552820,800SH SOLE 20,80000
HOME DEPOT INCCOM4370761024014,374SH SOLE 4,37400
HOSPITALITY PPTYS TRUST BENEFICOM44106M1021,67662,430SH SOLE 62,43000
HYSTER-YALE MATERIALS HANDLINGCOM4491721051,63322,800SH SOLE 22,80000
ILLINOIS TOOL WORKS INCCOM4523081095126,066SH SOLE 6,06600
INTEL CORPCOM45814010091126,170SH SOLE 26,17000
INTL BUSINESS MACHINESCOM4592001014642,444SH SOLE 2,44400
ISHARE SPSC600BARVALCOM4642878793102,885SH SOLE 2,88500
ISHARES CORE S&P ETF S&P 500 ICOM4642872002841,435SH SOLE 1,43500
ISHARES S&P U S PFD FUND S&P UCOM4642886873208,100SH SOLE 8,10000
ISHARES TR S&P 100 INDEXSCOM4642871016076,885SH SOLE 6,88500
ISHARES TRUST IBOXX $ HIGH YIECOM4642885132182,370SH SOLE 2,37000
JOHNSON & JOHNSONCOM4781601042402,249SH SOLE 2,24900
JOHNSON CONTROLS INCCOM4783661071,73539,443SH SOLE 39,44300
KIMBERLY-CLARK CORPCOM4943681032,45222,796SH SOLE 22,79600
KINDER MORGAN MGMT LLCCOM49455U1004124,380SH SOLE 4,38000
KKR & CO LPCOM48248m10224911,177SH SOLE 11,17700
KOPPERS HOLDINGS INC.COM50060P1061,19836,130SH SOLE 36,13000
L S B INDUSTRIES INCCOM5021601042,06657,858SH SOLE 57,85800
L T C PROPERTIES INC REITCOM5021751025,336144,645SH SOLE 144,64500
LAB CP OF AMER HLDG NEWCOM50540R4091,58915,620SH SOLE 15,62000
LEGGETT & PLATT INCCOM5246601071,04229,840SH SOLE 29,84000
LIBERTY ALL STARCOM5301581046410,911SH SOLE 10,91100
LINCOLN NATIONAL CORPCOM5341871093696,893SH SOLE 6,89300
LOWES COMPANIES INCCOM5486611073175,981SH SOLE 5,98100
LYONDELLBASELL INDS F CLASS ACOMN537451005815,350SH SOLE 5,35000
MACYS INCCOM55616P1041,04117,900SH SOLE 17,90000
MAIN STREET CAPITAL CORPCOM56035L1041,41546,191SH SOLE 46,19100
MARATHON OIL CORPCOM5658491061,28834,267SH SOLE 34,26700
MARATHON PETE CORPCOM56585A1022,42028,583SH SOLE 28,58300
MCDONALDS CORPCOM5801351012382,509SH SOLE 2,50900
MEDICAL PROPERTIES TRUST REITCOM58463J3043,486284,320SH SOLE 284,32000
MOHAWK INDUSTRIES INCCOM6081901041,2479,250SH SOLE 9,25000
NATIONAL OILWELL VARCOCOM6370711015467,169SH SOLE 7,16900
NEW YORK CMNTY BANCORPCOM64944510393258,750SH SOLE 58,75000
NMC INC COMCOM62919610602,974,000SH SOLE 2,974,00000
NORFOLK SOUTHERN CORPCOM6558441088948,013SH SOLE 8,01300
OLD DOMINION FREIGHT LNSCOM6795801001,16316,460SH SOLE 16,46000
PEPCO HOLDINGS INCCOM71329110273827,560SH SOLE 27,56000
PHILIP MORRIS INTL INCCOM7181721095226,263SH SOLE 6,26300
PHILLIPS 66COM7185461044415,425SH SOLE 5,42500
PIER 1 IMPORTSCOM72027910828924,300SH SOLE 24,30000
PORTLAND GENERAL ELECCOM7365088472,64682,387SH SOLE 82,38700
POTASH CORP SASK INC FCOM73755L10747013,600SH SOLE 13,60000
POTLATCH CORPORATION NEWCOM73763010387521,770SH SOLE 21,77000
PROSPECT CAPITAL CORPCOM74348T1025,629568,600SH SOLE 568,60000
RAYONIER INC REITCOM7549071032427,775SH SOLE 7,77500
REDDY ICE HLDGS INC NEWCOM75734R303461108,371SH SOLE 108,37100
REGIONS FINANCIAL CORPCOM7591EP10014614,524SH SOLE 14,52400
REVOLUTIONS MEDICAL CORP COMCOM76154q106010,250SH SOLE 10,25000
ROYAL CARIBBEAN CRUISESFCOMV7780T1032,23933,268SH SOLE 33,26800
SANDISK CORPCOM80004C1013,19832,653SH SOLE 32,65300
SCHEIN HENRY INCCOM8064071021,48312,735SH SOLE 12,73500
SCHW US BRD MKT ETFCOM8085241022174,560SH SOLE 4,56000
SCRIPPS NTWK INTERACTIV CLASSCOM8110651011,11114,225SH SOLE 14,22500
SEADRILL LTD FCOMG7945E1052,788104,180SH SOLE 104,18000
SENIOR HOUSING PPTYS TR REITCOM81721M10923411,175SH SOLE 11,17500
SIX FLAGS ENTERTAINMENTCOM83001A1022,20464,096SH SOLE 64,09600
SOUTHERN COPPER CORPCOM84265V10564421,716SH SOLE 21,71600
SPDR BARCLAYS ETF HIGH YIELD VCOM78464A4172847,078SH SOLE 7,07800
SPDR TRUST UNITCOM78462F1032051,040SH SOLE 1,04000
SPRINGLEAF HOLDINGS, LLCCOM85172J1011,17536,800SH SOLE 36,80000
STARWOOD PPTY TRUST INCCOM85571B1053,693168,150SH SOLE 168,15000
SUN COMMUNITIES INC REITCOM8666741041,55930,880SH SOLE 30,88000
TAL INTERNATIONAL GROUPCOM8740831081,30831,718SH SOLE 31,71800
TARGET CORPORATIONCOM87612E1061,73227,630SH SOLE 27,63000
TEXTRON INCORPORATEDCOM88320310144512,372SH SOLE 12,37200
THERMO FISHER SCIENTIFICCOM8835561023,66330,101SH SOLE 30,10100
TIFFANY & CO NEWCOM8865471081,36914,210SH SOLE 14,21000
TIMMINS GOLD CORP COMCOM88741p1031512,000SH SOLE 12,00000
TRINITY INDUSTRIES INCCOM8965221092,47853,036SH SOLE 53,03600
TRW AUTOMOTIVE HOLDINGS CORP.COM87264S1069459,330SH SOLE 9,33000
U S BANCORP DEL NEWCOM9029733042485,934SH SOLE 5,93400
U.S. SILICA HOLDINGS, INC.COM90346E1031,84729,551SH SOLE 29,55100
UNION PACIFIC CORPCOM9078181085,10847,117SH SOLE 47,11700
VERIZON COMMUNICATIONSCOM92343V1046,324126,502SH SOLE 126,50200
VORNADO REALTY TRUSTCOM9290421092172,166SH SOLE 2,16600
WABTECCOM9297401082,25827,861SH SOLE 27,86100
WALGREEN COMPANYCOM9314221093365,661SH SOLE 5,66100
WEATHERFORD INTL LTD FCOMg4883310050124,070SH SOLE 24,07000
WELLS FARGO & CO NEWCOM94974610179615,345SH SOLE 15,34500
WHIRLPOOL CORPCOM9633201064623,175SH SOLE 3,17500
WISDOMTREE MIDCAPCOM97717W5053123,985SH SOLE 3,98500
ALLIANCE RES PARTNERS LPLTD01877R1081,97946,194SH SOLE 46,19400
AMERIGAS PARTNERS LPLTD0309751063,90985,687SH SOLE 85,68700
ATLAS PIPELINE PART LPLTD0493921031,76948,512SH SOLE 48,51200
BOARDWALK PIPELINE PTNRSLTD0966271041,45577,824SH SOLE 77,82400
BREITBURN ENERGY PTNR LPLTD10677610793145,800SH SOLE 45,80000
BUCKEYE PARTNERS UTS L P UNITLTD11823010191111,440SH SOLE 11,44000
CALUMET SPECIALTY PRODUCTS LPLTD1314761032,26182,357SH SOLE 82,35700
CEDAR FAIR L P DEP UTSLTD1501851062,69657,040SH SOLE 57,04000
EAGLE ROCK ENGY PARTNERSLTD26985R1047320,400SH SOLE 20,40000
EL PASO PIPELINE PTNR LPLTD28370210841010,210SH SOLE 10,21000
ENBRIDGE ENERGY PTNRS LPLTD29250R10654013,906SH SOLE 13,90600
ENERGY TRANSFER PARTNERS UNITSLTD29273R1091,92730,110SH SOLE 30,11000
ENTERPRISE PRD PRTNRS LPLTD2937921071,60439,809SH SOLE 39,80900
HI-CRUSH PARTNERS LPLTD4283371091,23724,000SH SOLE 24,00000
HOLLY ENERGY PARTNERSLTD43576310774420,435SH SOLE 20,43500
KINDER MORGAN ENERGY LP UNIT LLTD4945501061,53716,478SH SOLE 16,47800
LINN ENERGYLTD53602010065721,800SH SOLE 21,80000
MEMORIAL PRODTN PTNR LPLTD5860481001,45165,951SH SOLE 65,95100
NATURAL RESOURCE PTNR LPLTD63900P10342632,700SH SOLE 32,70000
NAVIOS MARITIME PTNRS FLTDY622671022,134119,705SH SOLE 119,70500
NISKA GAS STORAGE PTNRSLTD65467810130124,100SH SOLE 24,10000
NUSTAR ENERGY LPLTD67058H1023,47052,618SH SOLE 52,61800
ONEOK PARTNERS LPLTD68268N1031,78231,850SH SOLE 31,85000
PLAINS ALL AMERN PPLN LP UNITLTD7265031053596,100SH SOLE 6,10000
REGENCY ENERGY PARTNERSLTD75885y10761418,833SH SOLE 18,83300
RHINO RES PARTNERS LPLTD76218Y10354545,537SH SOLE 45,53700
STONEMOR PARTNERS LPLTD86183Q1001,38353,639SH SOLE 53,63900
T C PIPELINES LPLTD87233Q1082,56537,877SH SOLE 37,87700
TEEKAY LNG PARTNERS LP FLTDY8564M10594921,778SH SOLE 21,77800
TEEKAY OFFSHORE PARTNERFLTDY8565J1011,44943,125SH SOLE 43,12500
VALERO ENERGY PARTNERS LPLTD91914J1023507,850SH SOLE 7,85000
WESTERN GAS PARTNERS L PLTD9582541041,90625,415SH SOLE 25,41500
WILLIAMS PARTNERSLTD96950F1042,91554,944SH SOLE 54,94400
AEGON NV 6.50% PFD F PERPETUALPFD00792440058623,110SH SOLE 23,11000
Ashford Hospitality Trust IncPFD0441032082188,560SH SOLE 8,56000
BARCLAYS BANK 7.75%ADR F SPONSPFD06739H5112047,900SH SOLE 7,90000
CBL & ASSOC DEP SHS PFD REPS 1PFD12483060572328,363SH SOLE 28,36300
CBL& ASSOC 6.625% DEP SH REP 1PFD12483080342417,450SH SOLE 17,45000
CLIFFS NAT RES 7% PFD DEP 1/40PFD18683K4081,511134,940SH SOLE 134,94000
CORNERSTONE BANCSHA PFD PFD COPFD2189242075,262209,980SH SOLE 209,98000
DIGITAL RLTY TR 6.625% SERIESPFD25386880625910,250SH SOLE 10,25000
METLIFE INC B 6.50% PFD NON-CUPFD59156R6032047,950SH SOLE 7,95000
MORGAN STANLEY CAPITAL TR VIIPFD61750K20827310,840SH SOLE 10,84000
PUBLIC STORAGE 5.375%PFD DEP SPFD74460W80023510,250SH SOLE 10,25000
REDDY ICE HLDGS INC PFD 7% CONPFD75734R20418440,844SH SOLE 40,84400
SL GREEN RLTY 6.5% PFD SERIESPFD78440X50728411,240SH SOLE 11,24000
SLM CORP 6%43 SENIOR NOTE DUEPFD78442P30450623,250SH SOLE 23,25000