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
A G C O CORP COM 001084102 358 7,886 SH   SOLE   7,886 0 0
A G L RESOURCES INC COM 001204106 241 4,700 SH   SOLE   4,700 0 0
A T & T INC NEW COM 00206R102 330 9,353 SH   SOLE   9,353 0 0
AIR LEASE CORPORATION COM 00912X302 1,560 47,990 SH   SOLE   47,990 0 0
AIRCASTLE LTD COM G0129K104 3,140 191,916 SH   SOLE   191,916 0 0
ALASKA AIR GROUP INC DE COM 011659109 2,416 55,498 SH   SOLE   55,498 0 0
ALPS TRUST ETF ALERIAN MLP COM 00162Q866 318 16,602 SH   SOLE   16,602 0 0
ALTRIA GROUP INC COM 02209S103 408 8,883 SH   SOLE   8,883 0 0
AMERICAN AIRLINES GROUP INC. COM 02376R102 3,242 91,380 SH   SOLE   91,380 0 0
AMERICAN EXPRESS COMPANY COM 025816109 1,387 15,840 SH   SOLE   15,840 0 0
AMERICAN WATER WORKS CO COM 030420103 304 6,300 SH   SOLE   6,300 0 0
ANNALY CAPITAL MGMT REIT COM 035710409 2,266 212,181 SH   SOLE   212,181 0 0
APPLE INC COM 037833100 362 3,593 SH   SOLE   3,593 0 0
ARES CAPITAL CORP COM 04010L103 1,310 81,042 SH   SOLE   81,042 0 0
ATWOOD OCEANICS INC COM 050095108 241 5,513 SH   SOLE   5,513 0 0
BB&T CORP COM 054937107 267 7,166 SH   SOLE   7,166 0 0
BIOMED REALTY TRUST INC COM 09063H107 704 34,870 SH   SOLE   34,870 0 0
BORG WARNER INC COM 099724106 2,195 41,724 SH   SOLE   41,724 0 0
C S X CORP COM 126408103 1,874 58,465 SH   SOLE   58,465 0 0
C V S HEALTH CORP COM 126650100 6,457 81,132 SH   SOLE   81,132 0 0
CAMPUS CREST COMMUNITIES COM 13466Y105 65 10,090 SH   SOLE   10,090 0 0
CANADIAN NATL RY CO F COM 136375102 5,255 74,060 SH   SOLE   74,060 0 0
CANADIAN PAC RAILWAY F COM 13645T100 405 1,950 SH   SOLE   1,950 0 0
CANARC RESOURCE CORP COM COM 13722d101 0 10,000 SH   SOLE   10,000 0 0
CAPSTEAD MORTGAGE CP NEWREIT COM 14067E506 4,538 370,773 SH   SOLE   370,773 0 0
CBS OUTDOOR AMERICAS INC. COM 14987J106 4,280 142,945 SH   SOLE   142,945 0 0
CHESAPEAKE LODGING TRUST COM 165240102 1,291 44,300 SH   SOLE   44,300 0 0
CHEVRON CORPORATION COM 166764100 366 3,066 SH   SOLE   3,066 0 0
CHICAGO BRIDGE & IRON F N Y RE COM 167250109 1,809 31,265 SH   SOLE   31,265 0 0
CISCO SYSTEMS INC COM 17275R102 316 12,566 SH   SOLE   12,566 0 0
CLIFFS NATURAL RES INC COM 18683K101 134 12,900 SH   SOLE   12,900 0 0
COCA COLA COMPANY COM 191216100 274 6,432 SH   SOLE   6,432 0 0
CONOCOPHILLIPS COM 20825C104 302 3,950 SH   SOLE   3,950 0 0
COSTAMARE INC. COM Y1771G102 1,495 68,100 SH   SOLE   68,100 0 0
CROWN HOLDINGS INC COM 228368106 423 9,500 SH   SOLE   9,500 0 0
DELTA AIR LINES INC NEW COM 247361702 3,382 93,545 SH   SOLE   93,545 0 0
DEVON ENERGY CP NEW COM 25179M103 292 4,279 SH   SOLE   4,279 0 0
DIAMOND OFFSHR DRILLING COM 25271C102 356 10,385 SH   SOLE   10,385 0 0
DINEEQUITY INC COM 254423106 765 9,371 SH   SOLE   9,371 0 0
DIRECTV COM 25490A309 3,867 44,700 SH   SOLE   44,700 0 0
DISCOVER FINANCIAL SVCS COM 254709108 1,900 29,500 SH   SOLE   29,500 0 0
DUKE ENERGY CORP NEW COM 26441C204 1,702 22,761 SH   SOLE   22,761 0 0
EMPIRE DISTRICT ELEC CO COM 291641108 733 30,350 SH   SOLE   30,350 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 967 13,686 SH   SOLE   13,686 0 0
EXXON MOBIL CORPORATION COM 30231G102 330 3,509 SH   SOLE   3,509 0 0
EYI INDS INC COM COM 26928R104 0 100,000 SH   SOLE   100,000 0 0
FIFTH STREET FINANCE CP COM 31678A103 4,191 456,556 SH   SOLE   456,556 0 0
FORD MOTOR COMPANY NEW COM 345370860 596 40,320 SH   SOLE   40,320 0 0
GENERAL ELECTRIC COMPANY COM 369604103 281 10,966 SH   SOLE   10,966 0 0
GENERAL MOTORS CO COM 37045V100 6,524 204,257 SH   SOLE   204,257 0 0
GENWORTH FINANCIAL INC COM 37247D106 1,118 85,373 SH   SOLE   85,373 0 0
GNC Hodings Inc COM 36191G107 393 10,150 SH   SOLE   10,150 0 0
GOODYEAR TIRE & RUBBER COM 382550101 1,048 46,410 SH   SOLE   46,410 0 0
GREAT PLAINS ENERGY INC COM 391164100 1,147 47,460 SH   SOLE   47,460 0 0
H C P INC REIT COM 40414L109 679 17,110 SH   SOLE   17,110 0 0
HANESBRANDS INC COM 410345102 578 5,380 SH   SOLE   5,380 0 0
HARTFORD FINL SVCS GRP COM 416515104 556 14,921 SH   SOLE   14,921 0 0
HAWAIIAN ELEC INDUSTRIES COM 419870100 2,220 83,618 SH   SOLE   83,618 0 0
HEALTH CARE REIT INC REIT COM 42217K106 3,581 57,408 SH   SOLE   57,408 0 0
HERTZ GLOBAL COM 42805T105 528 20,800 SH   SOLE   20,800 0 0
HOME DEPOT INC COM 437076102 401 4,374 SH   SOLE   4,374 0 0
HOSPITALITY PPTYS TRUST BENEFI COM 44106M102 1,676 62,430 SH   SOLE   62,430 0 0
HYSTER-YALE MATERIALS HANDLING COM 449172105 1,633 22,800 SH   SOLE   22,800 0 0
ILLINOIS TOOL WORKS INC COM 452308109 512 6,066 SH   SOLE   6,066 0 0
INTEL CORP COM 458140100 911 26,170 SH   SOLE   26,170 0 0
INTL BUSINESS MACHINES COM 459200101 464 2,444 SH   SOLE   2,444 0 0
ISHARE SPSC600BARVAL COM 464287879 310 2,885 SH   SOLE   2,885 0 0
ISHARES CORE S&P ETF S&P 500 I COM 464287200 284 1,435 SH   SOLE   1,435 0 0
ISHARES S&P U S PFD FUND S&P U COM 464288687 320 8,100 SH   SOLE   8,100 0 0
ISHARES TR S&P 100 INDEXS COM 464287101 607 6,885 SH   SOLE   6,885 0 0
ISHARES TRUST IBOXX $ HIGH YIE COM 464288513 218 2,370 SH   SOLE   2,370 0 0
JOHNSON & JOHNSON COM 478160104 240 2,249 SH   SOLE   2,249 0 0
JOHNSON CONTROLS INC COM 478366107 1,735 39,443 SH   SOLE   39,443 0 0
KIMBERLY-CLARK CORP COM 494368103 2,452 22,796 SH   SOLE   22,796 0 0
KINDER MORGAN MGMT LLC COM 49455U100 412 4,380 SH   SOLE   4,380 0 0
KKR & CO LP COM 48248m102 249 11,177 SH   SOLE   11,177 0 0
KOPPERS HOLDINGS INC. COM 50060P106 1,198 36,130 SH   SOLE   36,130 0 0
L S B INDUSTRIES INC COM 502160104 2,066 57,858 SH   SOLE   57,858 0 0
L T C PROPERTIES INC REIT COM 502175102 5,336 144,645 SH   SOLE   144,645 0 0
LAB CP OF AMER HLDG NEW COM 50540R409 1,589 15,620 SH   SOLE   15,620 0 0
LEGGETT & PLATT INC COM 524660107 1,042 29,840 SH   SOLE   29,840 0 0
LIBERTY ALL STAR COM 530158104 64 10,911 SH   SOLE   10,911 0 0
LINCOLN NATIONAL CORP COM 534187109 369 6,893 SH   SOLE   6,893 0 0
LOWES COMPANIES INC COM 548661107 317 5,981 SH   SOLE   5,981 0 0
LYONDELLBASELL INDS F CLASS A COM N53745100 581 5,350 SH   SOLE   5,350 0 0
MACYS INC COM 55616P104 1,041 17,900 SH   SOLE   17,900 0 0
MAIN STREET CAPITAL CORP COM 56035L104 1,415 46,191 SH   SOLE   46,191 0 0
MARATHON OIL CORP COM 565849106 1,288 34,267 SH   SOLE   34,267 0 0
MARATHON PETE CORP COM 56585A102 2,420 28,583 SH   SOLE   28,583 0 0
MCDONALDS CORP COM 580135101 238 2,509 SH   SOLE   2,509 0 0
MEDICAL PROPERTIES TRUST REIT COM 58463J304 3,486 284,320 SH   SOLE   284,320 0 0
MOHAWK INDUSTRIES INC COM 608190104 1,247 9,250 SH   SOLE   9,250 0 0
NATIONAL OILWELL VARCO COM 637071101 546 7,169 SH   SOLE   7,169 0 0
NEW YORK CMNTY BANCORP COM 649445103 932 58,750 SH   SOLE   58,750 0 0
NMC INC COM COM 629196106 0 2,974,000 SH   SOLE   2,974,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 894 8,013 SH   SOLE   8,013 0 0
OLD DOMINION FREIGHT LNS COM 679580100 1,163 16,460 SH   SOLE   16,460 0 0
PEPCO HOLDINGS INC COM 713291102 738 27,560 SH   SOLE   27,560 0 0
PHILIP MORRIS INTL INC COM 718172109 522 6,263 SH   SOLE   6,263 0 0
PHILLIPS 66 COM 718546104 441 5,425 SH   SOLE   5,425 0 0
PIER 1 IMPORTS COM 720279108 289 24,300 SH   SOLE   24,300 0 0
PORTLAND GENERAL ELEC COM 736508847 2,646 82,387 SH   SOLE   82,387 0 0
POTASH CORP SASK INC F COM 73755L107 470 13,600 SH   SOLE   13,600 0 0
POTLATCH CORPORATION NEW COM 737630103 875 21,770 SH   SOLE   21,770 0 0
PROSPECT CAPITAL CORP COM 74348T102 5,629 568,600 SH   SOLE   568,600 0 0
RAYONIER INC REIT COM 754907103 242 7,775 SH   SOLE   7,775 0 0
REDDY ICE HLDGS INC NEW COM 75734R303 461 108,371 SH   SOLE   108,371 0 0
REGIONS FINANCIAL CORP COM 7591EP100 146 14,524 SH   SOLE   14,524 0 0
REVOLUTIONS MEDICAL CORP COM COM 76154q106 0 10,250 SH   SOLE   10,250 0 0
ROYAL CARIBBEAN CRUISESF COM V7780T103 2,239 33,268 SH   SOLE   33,268 0 0
SANDISK CORP COM 80004C101 3,198 32,653 SH   SOLE   32,653 0 0
SCHEIN HENRY INC COM 806407102 1,483 12,735 SH   SOLE   12,735 0 0
SCHW US BRD MKT ETF COM 808524102 217 4,560 SH   SOLE   4,560 0 0
SCRIPPS NTWK INTERACTIV CLASS COM 811065101 1,111 14,225 SH   SOLE   14,225 0 0
SEADRILL LTD F COM G7945E105 2,788 104,180 SH   SOLE   104,180 0 0
SENIOR HOUSING PPTYS TR REIT COM 81721M109 234 11,175 SH   SOLE   11,175 0 0
SIX FLAGS ENTERTAINMENT COM 83001A102 2,204 64,096 SH   SOLE   64,096 0 0
SOUTHERN COPPER CORP COM 84265V105 644 21,716 SH   SOLE   21,716 0 0
SPDR BARCLAYS ETF HIGH YIELD V COM 78464A417 284 7,078 SH   SOLE   7,078 0 0
SPDR TRUST UNIT COM 78462F103 205 1,040 SH   SOLE   1,040 0 0
SPRINGLEAF HOLDINGS, LLC COM 85172J101 1,175 36,800 SH   SOLE   36,800 0 0
STARWOOD PPTY TRUST INC COM 85571B105 3,693 168,150 SH   SOLE   168,150 0 0
SUN COMMUNITIES INC REIT COM 866674104 1,559 30,880 SH   SOLE   30,880 0 0
TAL INTERNATIONAL GROUP COM 874083108 1,308 31,718 SH   SOLE   31,718 0 0
TARGET CORPORATION COM 87612E106 1,732 27,630 SH   SOLE   27,630 0 0
TEXTRON INCORPORATED COM 883203101 445 12,372 SH   SOLE   12,372 0 0
THERMO FISHER SCIENTIFIC COM 883556102 3,663 30,101 SH   SOLE   30,101 0 0
TIFFANY & CO NEW COM 886547108 1,369 14,210 SH   SOLE   14,210 0 0
TIMMINS GOLD CORP COM COM 88741p103 15 12,000 SH   SOLE   12,000 0 0
TRINITY INDUSTRIES INC COM 896522109 2,478 53,036 SH   SOLE   53,036 0 0
TRW AUTOMOTIVE HOLDINGS CORP. COM 87264S106 945 9,330 SH   SOLE   9,330 0 0
U S BANCORP DEL NEW COM 902973304 248 5,934 SH   SOLE   5,934 0 0
U.S. SILICA HOLDINGS, INC. COM 90346E103 1,847 29,551 SH   SOLE   29,551 0 0
UNION PACIFIC CORP COM 907818108 5,108 47,117 SH   SOLE   47,117 0 0
VERIZON COMMUNICATIONS COM 92343V104 6,324 126,502 SH   SOLE   126,502 0 0
VORNADO REALTY TRUST COM 929042109 217 2,166 SH   SOLE   2,166 0 0
WABTEC COM 929740108 2,258 27,861 SH   SOLE   27,861 0 0
WALGREEN COMPANY COM 931422109 336 5,661 SH   SOLE   5,661 0 0
WEATHERFORD INTL LTD F COM g48833100 501 24,070 SH   SOLE   24,070 0 0
WELLS FARGO & CO NEW COM 949746101 796 15,345 SH   SOLE   15,345 0 0
WHIRLPOOL CORP COM 963320106 462 3,175 SH   SOLE   3,175 0 0
WISDOMTREE MIDCAP COM 97717W505 312 3,985 SH   SOLE   3,985 0 0
ALLIANCE RES PARTNERS LP LTD 01877R108 1,979 46,194 SH   SOLE   46,194 0 0
AMERIGAS PARTNERS LP LTD 030975106 3,909 85,687 SH   SOLE   85,687 0 0
ATLAS PIPELINE PART LP LTD 049392103 1,769 48,512 SH   SOLE   48,512 0 0
BOARDWALK PIPELINE PTNRS LTD 096627104 1,455 77,824 SH   SOLE   77,824 0 0
BREITBURN ENERGY PTNR LP LTD 106776107 931 45,800 SH   SOLE   45,800 0 0
BUCKEYE PARTNERS UTS L P UNIT LTD 118230101 911 11,440 SH   SOLE   11,440 0 0
CALUMET SPECIALTY PRODUCTS LP LTD 131476103 2,261 82,357 SH   SOLE   82,357 0 0
CEDAR FAIR L P DEP UTS LTD 150185106 2,696 57,040 SH   SOLE   57,040 0 0
EAGLE ROCK ENGY PARTNERS LTD 26985R104 73 20,400 SH   SOLE   20,400 0 0
EL PASO PIPELINE PTNR LP LTD 283702108 410 10,210 SH   SOLE   10,210 0 0
ENBRIDGE ENERGY PTNRS LP LTD 29250R106 540 13,906 SH   SOLE   13,906 0 0
ENERGY TRANSFER PARTNERS UNITS LTD 29273R109 1,927 30,110 SH   SOLE   30,110 0 0
ENTERPRISE PRD PRTNRS LP LTD 293792107 1,604 39,809 SH   SOLE   39,809 0 0
HI-CRUSH PARTNERS LP LTD 428337109 1,237 24,000 SH   SOLE   24,000 0 0
HOLLY ENERGY PARTNERS LTD 435763107 744 20,435 SH   SOLE   20,435 0 0
KINDER MORGAN ENERGY LP UNIT L LTD 494550106 1,537 16,478 SH   SOLE   16,478 0 0
LINN ENERGY LTD 536020100 657 21,800 SH   SOLE   21,800 0 0
MEMORIAL PRODTN PTNR LP LTD 586048100 1,451 65,951 SH   SOLE   65,951 0 0
NATURAL RESOURCE PTNR LP LTD 63900P103 426 32,700 SH   SOLE   32,700 0 0
NAVIOS MARITIME PTNRS F LTD Y62267102 2,134 119,705 SH   SOLE   119,705 0 0
NISKA GAS STORAGE PTNRS LTD 654678101 301 24,100 SH   SOLE   24,100 0 0
NUSTAR ENERGY LP LTD 67058H102 3,470 52,618 SH   SOLE   52,618 0 0
ONEOK PARTNERS LP LTD 68268N103 1,782 31,850 SH   SOLE   31,850 0 0
PLAINS ALL AMERN PPLN LP UNIT LTD 726503105 359 6,100 SH   SOLE   6,100 0 0
REGENCY ENERGY PARTNERS LTD 75885y107 614 18,833 SH   SOLE   18,833 0 0
RHINO RES PARTNERS LP LTD 76218Y103 545 45,537 SH   SOLE   45,537 0 0
STONEMOR PARTNERS LP LTD 86183Q100 1,383 53,639 SH   SOLE   53,639 0 0
T C PIPELINES LP LTD 87233Q108 2,565 37,877 SH   SOLE   37,877 0 0
TEEKAY LNG PARTNERS LP F LTD Y8564M105 949 21,778 SH   SOLE   21,778 0 0
TEEKAY OFFSHORE PARTNERF LTD Y8565J101 1,449 43,125 SH   SOLE   43,125 0 0
VALERO ENERGY PARTNERS LP LTD 91914J102 350 7,850 SH   SOLE   7,850 0 0
WESTERN GAS PARTNERS L P LTD 958254104 1,906 25,415 SH   SOLE   25,415 0 0
WILLIAMS PARTNERS LTD 96950F104 2,915 54,944 SH   SOLE   54,944 0 0
AEGON NV 6.50% PFD F PERPETUAL PFD 007924400 586 23,110 SH   SOLE   23,110 0 0
Ashford Hospitality Trust Inc PFD 044103208 218 8,560 SH   SOLE   8,560 0 0
BARCLAYS BANK 7.75%ADR F SPONS PFD 06739H511 204 7,900 SH   SOLE   7,900 0 0
CBL & ASSOC DEP SHS PFD REPS 1 PFD 124830605 723 28,363 SH   SOLE   28,363 0 0
CBL& ASSOC 6.625% DEP SH REP 1 PFD 124830803 424 17,450 SH   SOLE   17,450 0 0
CLIFFS NAT RES 7% PFD DEP 1/40 PFD 18683K408 1,511 134,940 SH   SOLE   134,940 0 0
CORNERSTONE BANCSHA PFD PFD CO PFD 218924207 5,262 209,980 SH   SOLE   209,980 0 0
DIGITAL RLTY TR 6.625% SERIES PFD 253868806 259 10,250 SH   SOLE   10,250 0 0
METLIFE INC B 6.50% PFD NON-CU PFD 59156R603 204 7,950 SH   SOLE   7,950 0 0
MORGAN STANLEY CAPITAL TR VII PFD 61750K208 273 10,840 SH   SOLE   10,840 0 0
PUBLIC STORAGE 5.375%PFD DEP S PFD 74460W800 235 10,250 SH   SOLE   10,250 0 0
REDDY ICE HLDGS INC PFD 7% CON PFD 75734R204 184 40,844 SH   SOLE   40,844 0 0
SL GREEN RLTY 6.5% PFD SERIES PFD 78440X507 284 11,240 SH   SOLE   11,240 0 0
SLM CORP 6%43 SENIOR NOTE DUE PFD 78442P304 506 23,250 SH   SOLE   23,250 0 0