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
APPLE INC COM 037833100 27 51 SH   SOLE   51 0 0
BP PLC SPONSORED ADR 055622104 34,953 726,670 SH   SOLE   726,670 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 1,534 88,129 SH   SOLE   88,129 0 0
HARRIS CORP DEL COM 413875105 10 140 SH   SOLE   140 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 7,259 205,800 SH   SOLE   205,800 0 0
HERSHEY CO COM 427866108 18 168 SH   SOLE   168 0 0
HEWLETT PACKARD CO COM 428236103 4,854 150,000 SH   SOLE   150,000 0 0
ISTAR FINL INC COM 45031U101 15,145 1,026,103 SH   SOLE   1,026,103 0 0
ISHARES MSCI EMG MKT ETF 464287234 409 9,970 SH   SOLE   9,970 0 0
ISHARES MSCI EAFE ETF 464287465 582 8,660 SH   SOLE   8,660 0 0
ISHARES RUSSELL 2000 ETF 464287655 329 2,830 SH   SOLE   2,830 0 0
KKR FINL HLDGS LLC COM 48248A306 4,857 419,800 SH   SOLE   419,800 0 0
BANK OF AMERICA CORPORATION COM 060505104 18,845 1,095,639 SH   SOLE   1,095,639 0 0
LIFEPOINT HOSPITALS INC COM 53219L109 6,939 127,201 SH   SOLE   127,201 0 0
NGP CAP RES CO COM 62912R107 5,767 853,089 SH   SOLE   853,089 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 770 4,115 SH   SOLE   4,115 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 336 1,340 SH   SOLE   1,340 0 0
STATOIL ASA SPONSORED ADR 85771P102 30,929 1,096,000 SH   SOLE   1,096,000 0 0
VANGUARD INDEX FDS REIT ETF 922908553 27 380 SH   SOLE   380 0 0
YUM BRANDS INC COM 988498101 8 103 SH   SOLE   103 0 0
ENSCO PLC SHS CLASS A G3157S106 62,808 1,190,000 SH   SOLE   1,190,000 0 0
XL GROUP PLC SHS G98290102 16,093 514,990 SH   SOLE   514,990 0 0
DHT HOLDINGS INC SHS NEW Y2065G121 3,163 406,618 SH   SOLE   406,618 0 0
CAPITAL BK FINL CORP CL A COM 139794101 18,833 750,000 SH   SOLE   750,000 0 0
TEEKAY CORPORATION COM Y8564W103 11,349 201,800 SH   SOLE   201,800 0 0
CARMAX INC COM 143130102 25 535 SH   SOLE   535 0 0
CISCO SYS INC COM 17275R102 3,768 168,100 SH   SOLE   168,100 0 0
ELLINGTON FINANCIAL LLC COM 288522303 4,364 183,210 SH   SOLE   183,210 0 0
GENERAL ELECTRIC CO COM 369604103 1,408 54,400 SH   SOLE   54,400 0 0
GENERAL MTRS CO COM 37045V100 1,110 32,243 SH   SOLE   32,243 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V118 2,189 88,129 SH   SOLE   88,129 0 0