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
APOLLO GLOBAL MANAGEMENT, LLC COM 037612306 2,566 108,830 SH   SOLE   106,630 0 2,200
ARES CAPITAL CORP COM 04010L103 5,885 377,151 SH   SOLE   376,351 0 800
ARTISAN PARTNERS ASSET MANAGEN COM 04316A108 559 11,071 SH   SOLE   5,828 0 5,243
BABSON CAPITAL CORPORATE INVES COM 05617K109 905 56,979 SH   SOLE   56,629 0 350
BABSON CAPITAL PARTICIPATION I COM 05616B100 1,580 119,462 SH   SOLE   119,112 0 350
BP PLC SPONS ADR COM 055622104 457 12,000 SH   SOLE   12,000 0 0
CBL & ASSOC PPTYS INC COM 124830100 1,396 71,927 SH   SOLE   71,702 0 225
CYS INVESTMENTS COM 12673A108 512 58,825 SH   SOLE   58,825 0 0
DIAMOND HILL INVESTMENT GROUP COM 25264R207 226 1,640 SH   SOLE   1,325 0 315
DUPONT FABROS TECHNOLOGY, INC. COM 26613Q106 641 19,290 SH   SOLE   10,515 0 8,775
ELLINGTON FINANCIAL LLC COM 288522303 14,030 702,914 SH   SOLE   689,089 0 13,825
ENBRIDGE ENERGY PARTNERS, L.P. COM 29250R106 276 6,920 SH   SOLE   1,480 0 5,440
EQT MIDSTREAM PARTNERS, LP. COM 26885b100 373 4,240 SH   SOLE   2,750 0 1,490
EXXON MOBIL CORP COM COM 30231G102 1,806 19,544 SH   SOLE   19,544 0 0
FIFTH STREET ASSET MANAGEMENT, COM 31679P109 956 68,577 SH   SOLE   68,577 0 0
FRANKLIN RESOURCES INC COM 354613101 3,125 56,443 SH   SOLE   55,743 0 700
GLOBAL PARTNERS LP COM 37946r109 2,057 62,376 SH   SOLE   60,121 0 2,255
GOLDMAN SACHS GROUP INC COM COM 38141G104 3,603 18,591 SH   SOLE   18,403 0 188
HUGOTON ROYALTY TRUST COM 444717102 1,797 212,506 SH   SOLE   210,941 0 1,565
JOHNSON & JOHNSON COM 478160104 246 2,361 SH   SOLE   2,361 0 0
LIFELOCK, INC. COM 53224V100 839 45,352 SH   SOLE   44,602 0 750
MAGELLAN MIDSTREAM PARTNERS L. COM 559080106 210 2,550 SH   SOLE   2,550 0 0
MAIN STREET CAPITAL CORP COM 56035L104 6,787 232,142 SH   SOLE   225,112 0 7,030
MEDLEY CAPITAL CORP. COM 58503F106 450 48,802 SH   SOLE   48,327 0 475
MESA ROYALTY TRUST UBI COM 590660106 273 10,655 SH   SOLE   10,655 0 0
MIDCOAST ENERGY PARTNERS LP CL COM 59564N103 179 13,095 SH   SOLE   7,295 0 5,800
NGL ENERGY PARTNERS COM 62913M107 1,730 61,810 SH   SOLE   59,920 0 1,890
NRG YIELD INC. COM 62942X108 1,141 24,207 SH   SOLE   22,277 0 1,930
OAKTREE CAPITAL GROUP LLC COM 674001201 13,758 265,462 SH   SOLE   259,052 0 6,410
OMEGA HEALTHCARE INVESTORS INC COM 681936100 5,308 135,877 SH   SOLE   133,107 0 2,770
PENNANTPARK INVESTMENT CORP. COM 708062104 704 73,950 SH   SOLE   73,850 0 100
PENNYMAC FINANCIAL SERVICES, I COM 70932B101 519 30,045 SH   SOLE   29,870 0 175
PENNYMAC MTG INVT TR COM 70931T103 17,470 828,392 SH   SOLE   821,742 0 6,650
RENTECH NITROGEN PARTERNS LP COM 760113100 475 45,274 SH   SOLE   45,174 0 100
ROSE ROCK MIDSTREAM L.P. COM 777149105 1,319 29,028 SH   SOLE   27,403 0 1,625
STARWOOD PPTY TRUST INC COM 85571B105 12,102 520,760 SH   SOLE   505,405 0 15,355
SUNOCO LOGISTICS PTNR LP COM 86764l108 223 5,340 SH   SOLE   3,340 0 2,000
T ROWE PRICE GROUP INC COM 74144T108 7,084 82,510 SH   SOLE   81,790 0 720
TESORO LOGISTICS LP COM 88160T107 285 4,850 SH   SOLE   2,400 0 2,450
TORONTO DOMINION BANK F COM 891160509 2,775 58,094 SH   SOLE   53,744 0 4,350
TRIANGLE CAPITAL CORP COM 895848109 5,193 255,951 SH   SOLE   248,592 0 7,358
WESTWOOD HOLDINGS GROUP COM 961765104 1,458 23,586 SH   SOLE   23,541 0 45
WILLIAMS COS. COM 969457100 1,517 33,774 SH   SOLE   32,421 0 1,353
WILLIAMS PARTNERS L.P. COM 96950F104 1,083 24,212 SH   SOLE   23,387 0 825