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
AT&T Corp.(New) COM 00206r102 18,884 531,643 SH   SOLE   530,708 0 935
Alliance Bernstein Holdings COM 01881G106 17,809 603,067 SH   SOLE   603,067 0 0
Alliance Resource Partners - L COM 01877r108 3,660 146,636 SH   SOLE   146,168 0 468
American Capital Agency Corp COM 02503x105 23 1,260 SH   SOLE   0 0 1,260
Apollo Global Management LLC COM 037612306 12 560 SH   SOLE   0 0 560
Ares Capital Corp COM 04010L103 16,251 987,305 SH   SOLE   985,985 0 1,320
Arcelormittal SA Luxembourg COM 03938L104 37 3,840 SH   SOLE   3,840 0 0
BCE Inc COM 05534B760 17 400 SH   SOLE   0 0 400
Bancroft Fund Ltd COM 059695106 13 626 SH   SOLE   0 0 626
Barclays High Yield Bd Fd SPDR COM 78464a417 6 158 SH   SOLE   0 0 158
Blackstone Group LP COM 09253U108 16,352 400,094 SH   SOLE   400,094 0 0
Blackstone Mortgage Trust Inc COM 09257w100 21,962 789,440 SH   SOLE   788,398 0 1,042
British American Tobacco PLC COM 110448107 18 166 SH   SOLE   0 0 166
Brookfield Infrastructure Part COM g16252101 10,062 225,450 SH   SOLE   224,831 0 619
Calamos Conv Oppty & Incm Fd COM 128117108 6 480 SH   SOLE   0 0 480
Cheniere Energy Partners LP COM 16411q101 4,711 152,697 SH   SOLE   152,697 0 0
China Mobile LTD COM 16941m109 107 1,670 SH   SOLE   1,670 0 0
Duke Energy COM 26441c204 2 28 SH   SOLE   0 0 28
EPR Properties COM 26884U109 12,854 234,650 SH   SOLE   234,650 0 0
Eaton Vance Floating Rt Incm COM 278279104 10 694 SH   SOLE   0 0 694
Enbridge Energy COM 29250R106 9 273 SH   SOLE   0 0 273
Energy Trans Equity LP COM 29273v100 91 1,424 SH   SOLE   0 0 1,424
Energy Transfer Partners COM 29273R109 24,876 476,548 SH   SOLE   475,912 0 636
Enterprise Products Partners COM 293792107 40 1,324 SH   SOLE   0 0 1,324
Federated Investors Inc COM 314211103 23 672 SH   SOLE   0 0 672
Golar LNG Partners LP COM y2745c102 2 89 SH   SOLE   0 0 89
HDFC Bank Ltd COM 40415F101 142 2,350 SH   SOLE   2,350 0 0
Health Care Reit Inc COM 42217k106 19 285 SH   SOLE   0 0 285
KKR & Co. LP Del COM 48248m102 23,606 1,033,095 SH   SOLE   1,032,088 0 1,007
Lexington Realty Trust COM 529043101 8,517 1,004,360 SH   SOLE   1,003,850 0 510
Liberty Global Inc COM g5480u104 189 3,500 SH   SOLE   3,500 0 0
Lyondellbasell Inds NV COM n53745100 16,632 160,660 SH   SOLE   160,660 0 0
Macquarie Infrastructure Co. COM 55608B105 18,703 226,342 SH   SOLE   226,342 0 0
Marine Harvest ASA COM 56824R205 26 2,300 SH   SOLE   0 0 2,300
Markwest Energy Ptnrs Lp COM 570759100 12 215 SH   SOLE   0 0 215
National Retail Properties Inc COM 637417106 20 572 SH   SOLE   0 0 572
Novo Nordisk AS COM 670100205 100 1,830 SH   SOLE   1,830 0 0
Nuveen Float Rate Incm Fund COM 67072t108 9 868 SH   SOLE   0 0 868
Nuveen Mun Value Fund COM 670928100 5 481 SH   SOLE   0 0 481
Oaktree Capital Group LLC COM 674001201 17,209 323,594 SH   SOLE   323,594 0 0
PennyMac Mtg Inv Tr COM 70931t103 10,946 627,977 SH   SOLE   626,962 0 1,015
Plains All American Pipeline L COM 726503105 15,487 355,441 SH   SOLE   354,652 0 789
Potash Corp Sask Inc COM 73755L107 13,716 442,890 SH   SOLE   442,890 0 0
Realty Income Corp COM 756109104 28 632 SH   SOLE   0 0 632
Regal Entertainment Group COM 758766109 17,312 827,944 SH   SOLE   826,556 0 1,388
Royal Dutch Shell ADR B sedol COM 780259107 10,161 177,179 SH   SOLE   177,179 0 0
Sap Aktiengesell COM 803054204 147 2,098 SH   SOLE   2,098 0 0
Select Income REIT COM 81618t100 7,405 358,771 SH   SOLE   358,771 0 0
Ship Finance Intl Ltd COM g81075106 15,991 979,850 SH   SOLE   979,850 0 0
Simon Property Group, Inc COM 828806109 3 17 SH   SOLE   0 0 17
Spirit Realty Capital Inc New COM 84860w102 17,137 1,772,150 SH   SOLE   1,772,150 0 0
Starwood Property Trust Inc COM 85571b105 23,834 1,104,965 SH   SOLE   1,103,401 0 1,564
Starwood Waypoint Reside W/I R COM 85571w109 3 111 SH   SOLE   0 0 111
Store Capital Corp COM 862121100 6,546 325,670 SH   SOLE   325,670 0 0
TC Pipelines LP COM 87233q108 9,568 167,851 SH   SOLE   167,664 0 187
Taiwan Semi ADR COM 874039100 134 5,900 SH   SOLE   5,900 0 0
Teekay LNG Partners LP COM y8564m105 5,477 170,079 SH   SOLE   169,921 0 158
Telstra Corp LTD COM 87969n204 658 27,922 SH   SOLE   26,667 0 1,255
Unilever ADR COM 904784709 265 6,329 SH   SOLE   6,329 0 0
Verizon Communications COM 92343V104 41 876 SH   SOLE   0 0 876
Vodafone Group PLC COM 92857w308 6,372 174,804 SH   SOLE   174,804 0 0