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
FEDERAL HOME LN MTG CORP 6.02 PFD 313400657 10,609 1,234,993 SH   SOLE   1,226,293 0 8,700
FEDERAL HOME LN MTG CORP VAR S PFD 313400624 17,478 1,963,853 SH   SOLE   1,912,253 0 51,600
FEDERAL NATL MTG ASSN NON CUM PFD 313586786 14,695 2,026,858 SH   SOLE   1,981,008 0 45,850
FEDERAL NATL MTG ASSN PFD 8.25 PFD 313586752 35,460 3,993,241 SH   SOLE   3,823,041 0 170,200
FEDERAL NATL MTG ASSN PFD SER PFD 313586737 26,260 3,282,540 SH   SOLE   3,139,830 0 142,710
FEDERAL NTNL MOR 7 PFD PFD SER PFD 313586794 2,620 185,185 SH   SOLE   183,785 0 1,400
FREDDIE MAC 0 PFD PFD PFD 313400715 1,595 121,790 SH   SOLE   116,790 0 5,000
1/100 BERKSHIRE HTWY CLA 100 S COM 084990175 640 200 SH   SOLE   0 0 200
3M CO COM COM 88579Y101 8,016 50,045 SH   SOLE   43,988 0 6,057
ALPHABET INC. CLASS A COM 02079k305 362 247 SH   SOLE   217 0 30
AMAZON COM INC COM COM 023135106 17,853 5,670 SH   SOLE   4,908 0 762
AMGEN INC COM COM 031162100 11,880 46,742 SH   SOLE   43,269 0 3,473
APPLE INC COM COM 037833100 38,906 335,946 SH   SOLE   308,186 0 27,760
AT&T INC COM COM 00206R102 27,404 961,207 SH   SOLE   896,677 0 64,530
BERKSHIRE HATHAWAY CLASS B COM 084670702 17,763 83,418 SH   SOLE   80,706 0 2,712
BK OF AMERICA CORP COM COM 060505104 24,840 1,031,128 SH   SOLE   962,846 0 68,282
BLACKSTONE GROUP INC COM CL A COM 09260D107 2,555 48,955 SH   SOLE   36,850 0 12,105
BRISTOL-MYERS SQUIBB COM 110122108 589 9,765 SH   SOLE   150 0 9,615
CARRIER GLOBAL CORPORATION COM COM 14448C104 2,723 89,146 SH   SOLE   84,016 0 5,130
CHEVRON CORP NEW COM COM 166764100 4,906 68,142 SH   SOLE   60,690 0 7,452
CISCO SYS INC COM COM 17275R102 18,942 480,876 SH   SOLE   450,794 0 30,082
CITIGROUP INC COM NEW COM 172967424 12,550 291,112 SH   SOLE   270,786 0 20,326
CLOROX COMPANY COM 189054109 522 2,483 SH   SOLE   993 0 1,490
COCA COLA CO COM COM 191216100 7,063 143,060 SH   SOLE   129,325 0 13,735
CORNING INC COM COM 219350105 21,998 678,730 SH   SOLE   633,415 0 45,315
COSTCO WHOLESALE CO COM 22160k105 1,574 4,435 SH   SOLE   1,980 0 2,455
CROWN CASTLE INTL CORP NEW COM COM 22822V101 9,187 55,177 SH   SOLE   49,492 0 5,685
CVS HEALTH CORP COM COM 126650100 16,431 281,350 SH   SOLE   265,346 0 16,004
DISCOVERY INC COM SER A COM 25470F104 2,491 114,407 SH   SOLE   98,762 0 15,645
DISNEY WALT CO COM DISNEY COM 254687106 10,828 87,269 SH   SOLE   81,312 0 5,957
DOW INC COM COM 260557103 16,512 350,944 SH   SOLE   331,120 0 19,824
DUKE ENERGY CORP NEW COM 26441C204 319 3,599 SH   SOLE   2,831 0 768
ENCOMPASS HEALTH CORP COM 29261a100 366 5,640 SH   SOLE   5,640 0 0
EQUINIX INC COM COM 29444U700 24,295 31,962 SH   SOLE   30,199 0 1,763
F B FINL CORP00500 COM 30257x104 373 14,853 SH   SOLE   14,853 0 0
FEDERAL HOME LN MTG CORP COM 313400301 602 315,160 SH   SOLE   306,260 0 8,900
FEDERAL NATL MTG ASSN GT COM 313586109 2,779 1,375,600 SH   SOLE   1,375,600 0 0
FIFTH THIRD BANCORP COM COM 316773100 1,565 73,401 SH   SOLE   71,551 0 1,850
FIRST HORIZON NATL COM 320517105 189 20,043 SH   SOLE   20,043 0 0
FORTRESS VALUE ACQUISITI CORP COM 34962v106 163 12,000 SH   SOLE   12,000 0 0
GENERAC HLDGS INC COM COM 368736104 3,977 20,538 SH   SOLE   20,318 0 220
GENERAL ELECTRIC CO COM COM 369604103 3,950 634,067 SH   SOLE   609,380 0 24,687
GILEAD SCIENCES INC COM COM 375558103 9,547 151,077 SH   SOLE   144,362 0 6,715
HCA HEALTHCARE INC COM 40412c101 853 6,845 SH   SOLE   6,845 0 0
HERSHEY CO COM COM 427866108 7,789 54,341 SH   SOLE   49,971 0 4,370
HEXCEL CORP NEW COM COM 428291108 4,484 133,649 SH   SOLE   121,669 0 11,980
HOME DEPOT INC COM COM 437076102 24,328 87,601 SH   SOLE   80,560 0 7,041
HONEYWELL INTL INC COM COM 438516106 10,734 65,210 SH   SOLE   60,905 0 4,305
HOSTESS BRANDS INC CL A COM 44109J106 1,366 110,774 SH   SOLE   108,269 0 2,505
INTEL CORPORATION COM 458140100 268 5,184 SH   SOLE   4,684 0 500
INTERNATIONAL BUSINESS MACHS C COM 459200101 10,584 86,989 SH   SOLE   78,043 0 8,946
JOHNSON & JOHNSON COM COM 478160104 21,657 145,463 SH   SOLE   135,317 0 10,146
JPMORGAN CHASE & CO COM COM 46625H100 7,451 77,398 SH   SOLE   71,963 0 5,435
LOWES COS INC COM 548661107 332 2,000 SH   SOLE   2,000 0 0
LUMEN TECHNOLOGIES INC COM 156700106 435 43,078 SH   SOLE   38,446 0 4,632
MACYS INC COM 55616p104 4,076 715,126 SH   SOLE   703,441 0 11,685
MADISON SQUARE GARDEN CO CLASS COM 55825t103 241 1,600 SH   SOLE   0 0 1,600
MARATHON PETE CORP COM COM 56585A102 1,610 54,866 SH   SOLE   53,243 0 1,623
MCDONALDS CORP COM 580135101 661 3,010 SH   SOLE   555 0 2,455
MERCK & CO. INC COM COM 58933Y105 12,802 154,331 SH   SOLE   144,296 0 10,035
MICROSOFT CORP COM COM 594918104 41,433 196,992 SH   SOLE   183,180 0 13,812
NATIONAL HEALTH INVS INC COM COM 63633D104 14,761 244,918 SH   SOLE   225,419 0 19,499
PEPSICO INC COM COM 713448108 11,588 83,607 SH   SOLE   76,852 0 6,755
PINNACLE FINL PARTNR COM 72346q104 202 5,675 SH   SOLE   5,545 0 130
RAYTHEON TECHNOLOGIES CORP COM COM 75513E101 9,136 158,769 SH   SOLE   148,594 0 10,175
SCHEIN HENRY INC COM 806407102 294 5,000 SH   SOLE   5,000 0 0
SNAP ON INC COM COM 833034101 1,547 10,516 SH   SOLE   10,319 0 197
SONY CORP SPONSORED ADR COM 835699307 8,539 111,255 SH   SOLE   107,317 0 3,938
SOUTHERN COMPANY COM 842587107 1,265 23,322 SH   SOLE   17,802 0 5,520
SPDR PORTFOLIO S&P 500 ETF COM 78464a854 210 5,333 SH   SOLE   5,333 0 0
STARBUCKS CORP COM COM 855244109 14,466 168,368 SH   SOLE   147,513 0 20,855
STARWOOD PPTY TR INC COM COM 85571B105 14,548 964,067 SH   SOLE   920,182 0 43,885
STRYKER CORPORATION COM COM 863667101 9,472 45,455 SH   SOLE   41,575 0 3,880
THERALASE TECHNOLOGY F COM 88337v100 12 103,000 SH   SOLE   103,000 0 0
TILRAY INC COM 88688t100 161 33,100 SH   SOLE   33,100 0 0
TRACTOR SUPPLY CO COM COM 892356106 7,635 53,262 SH   SOLE   46,573 0 6,689
UNITED PARCEL SERVICE INC CL B COM 911312106 19,398 116,416 SH   SOLE   106,627 0 9,789
VAIL RESORTS INC COM 91879q109 293 1,370 SH   SOLE   0 0 1,370
VERISIGN INC COM 92343e102 1,292 6,306 SH   SOLE   6,006 0 300
VERIZON COMMUNICATIONS INC COM COM 92343V104 11,837 198,982 SH   SOLE   178,348 0 20,634
WALMART INC COM COM 931142103 742 5,303 SH   SOLE   4,883 0 420
WESTROCK CO COM COM 96145D105 13,847 398,578 SH   SOLE   377,998 0 20,580
WILLIAMS COS INC COM COM 969457100 12,541 638,235 SH   SOLE   590,069 0 48,166
XECHEM INTL INC NEW XXX REGIST COM 983895301 0 20,000 SH   SOLE   0 0 20,000
DAVIS SELECT US EQUITY ETF ETF 23908l207 4,454 176,659 SH   SOLE   154,968 0 21,691
INVESCO S&P 500 EQUAL WEIGHT E ETF 46137v357 610 5,642 SH   SOLE   4,522 0 1,120
ISHARES U S REAL ESTATE ETF ETF 464287739 242 3,034 SH   SOLE   3,034 0 0
ISHARES CORE S&P MID-CAP ETF ETF 464287507 325 1,753 SH   SOLE   1,753 0 0
ISHARES TR SELECT DIVID ETF ETF 464287168 824 10,103 SH   SOLE   9,528 0 575
SCHWAB US DIVIDEND EQUITY ETF ETF 808524797 834 15,074 SH   SOLE   13,980 0 1,094
SPDR S&P 500 ETF ETF 78462f103 1,082 3,231 SH   SOLE   2,910 0 321
VANGUARD DIVIDEND APPRECIATION ETF 921908844 1,465 11,388 SH   SOLE   10,248 0 1,140
VANGUARD S&P 500 ETF ETF 922908363 576 1,872 SH   SOLE   1,872 0 0
CHANTICLEER HLDGS 17WTS WARRAN WT 15930p123 20 57,142 SH   SOLE   57,142 0 0
CHANTICLEER HLDGS 18WTS WARRAN WT 15930p115 0 57,142 SH   SOLE   57,142 0 0