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
ALLSTATE CORP COM 020002101 396 4,857 SH   SOLE 4,857 0 0
ALLSTATE CORP COM 020002101 302 3,708 SH   OTR 3,708 0 0
ANADARKO PETE CORP COM 032511107 208 3,360 SH   OTR 3,360 0 0
APPLE HOSPITALITY REIT INC COM NEW 03784Y200 743 38,884 SH   SOLE 38,884 0 0
AT&T INC COM 00206R102 663 15,967 SH   OTR 15,967 0 0
AT&T INC COM 00206R102 4,006 96,417 SH   SOLE 94,857 0 1,560
BANK AMER CORP COM 060505104 37 1,536 SH   OTR 1,082 0 454
BANK AMER CORP COM 060505104 1,851 78,450 SH   SOLE 78,450 0 0
BOSTON PROPERTIES INC COM 101121101 265 2,000 SH   SOLE 2,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 10 185 SH   OTR 185 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 356 6,555 SH   SOLE 6,555 0 0
CALPINE CORP COM NEW 131347304 55 5,000 SH   OTR 5,000 0 0
CALPINE CORP COM NEW 131347304 688 62,303 SH   SOLE 62,303 0 0
CATERPILLAR INC DEL COM 149123101 351 3,779 SH   OTR 3,779 0 0
CATERPILLAR INC DEL COM 149123101 7,856 84,696 SH   SOLE 84,696 0 0
CHEVRON CORP NEW COM 166764100 249 2,317 SH   OTR 2,317 0 0
CHEVRON CORP NEW COM 166764100 75 694 SH   SOLE 640 0 54
CONOCOPHILLIPS COM 20825C104 5,313 106,545 SH   SOLE 106,545 0 0
CONOCOPHILLIPS COM 20825C104 40 800 SH   OTR 800 0 0
CSX CORP COM 126408103 15,117 324,753 SH   SOLE 324,753 0 0
CSX CORP COM 126408103 372 8,000 SH   OTR 8,000 0 0
DISCOVER FINL SVCS COM 254709108 141 2,060 SH   OTR 1,560 0 500
DISCOVER FINL SVCS COM 254709108 115 1,679 SH   SOLE 1,560 0 119
DUKE ENERGY CORP NEW COM NEW 26441C204 1,561 19,040 SH   SOLE 19,040 0 0
EPR PPTYS COM SH BEN INT 26884U109 1,113 15,120 SH   SOLE 15,120 0 0
EXXON MOBIL CORP COM 30231G102 2,299 28,028 SH   OTR 28,028 0 0
EXXON MOBIL CORP COM 30231G102 277 3,386 SH   SOLE 3,308 0 78
FREEPORT-MCMORAN INC CL B 35671D857 3,523 263,692 SH   SOLE 263,692 0 0
GATX CORP COM 361448103 1,740 28,539 SH   OTR 28,539 0 0
GATX CORP COM 361448103 16,647 273,076 SH   SOLE 273,076 0 0
GENERAL ELECTRIC CO COM 369604103 477 16,010 SH   OTR 16,010 0 0
GENERAL ELECTRIC CO COM 369604103 18,309 614,390 SH   SOLE 614,390 0 0
GREAT PLAINS ENERGY INC COM 391164100 75 2,568 SH   OTR 2,568 0 0
GREAT PLAINS ENERGY INC COM 391164100 3,679 125,919 SH   SOLE 125,919 0 0
GREENBRIER COS INC COM 393657101 603 14,000 SH   OTR 14,000 0 0
GREENBRIER COS INC COM 393657101 10,991 255,007 SH   SOLE 255,007 0 0
HANCOCK JOHN FINL OPPTYS FD SH BEN INT NEW 409735206 575 16,900 SH   SOLE 16,900 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 38,339 1,215,947 SH   SOLE 1,215,127 0 820
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 1,202 38,117 SH   OTR 38,117 0 0
INTL PAPER CO COM 460146103 1,047 20,630 SH   SOLE 20,549 0 81
ISHARES TR RUS MID CAP ETF 464287499 23 122 SH   OTR 122 0 0
ISHARES TR RUS MID CAP ETF 464287499 209 1,118 SH   SOLE 1,118 0 0
JOHNSON & JOHNSON COM 478160104 465 3,730 SH   OTR 3,330 0 400
JOHNSON & JOHNSON COM 478160104 745 5,985 SH   SOLE 5,985 0 0
JPMORGAN CHASE & CO COM 46625H100 174 1,982 SH   OTR 1,982 0 0
JPMORGAN CHASE & CO COM 46625H100 8,201 93,368 SH   SOLE 93,183 0 185
LEXINGTON REALTY TRUST COM 529043101 36 3,600 SH   OTR 3,600 0 0
LEXINGTON REALTY TRUST COM 529043101 6,587 660,000 SH   SOLE 660,000 0 0
MANULIFE FINL CORP COM 56501R106 204 11,520 SH   SOLE 11,520 0 0
MORGAN STANLEY COM NEW 617446448 134 3,120 SH   OTR 3,120 0 0
MORGAN STANLEY COM NEW 617446448 147 3,420 SH   SOLE 3,420 0 0
NORFOLK SOUTHERN CORP COM 655844108 2,329 20,800 SH   SOLE 20,800 0 0
NRG ENERGY INC COM NEW 629377508 187 10,000 SH   OTR 10,000 0 0
NRG ENERGY INC COM NEW 629377508 11,748 628,260 SH   SOLE 628,260 0 0
PROCTER AND GAMBLE CO COM 742718109 3,216 35,789 SH   SOLE 35,789 0 0
REALTY INCOME CORP COM 756109104 23,547 395,539 SH   SOLE 395,089 0 450
REALTY INCOME CORP COM 756109104 155 2,600 SH   OTR 2,600 0 0
REYNOLDS AMERICAN INC COM 761713106 949 15,064 SH   SOLE 15,064 0 0
REYNOLDS AMERICAN INC COM 761713106 113 1,790 SH   OTR 1,790 0 0
RMR GROUP INC CL A 74967R106 29 585 SH   OTR 585 0 0
RMR GROUP INC CL A 74967R106 996 20,116 SH   SOLE 20,116 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 3,350 60,000 SH   SOLE 60,000 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1,769 33,550 SH   SOLE 33,550 0 0
RYDER SYS INC COM 783549108 45 600 SH   OTR 600 0 0
RYDER SYS INC COM 783549108 7,911 104,865 SH   SOLE 104,865 0 0
SOUTHERN CO COM 842587107 1,205 24,200 SH   SOLE 24,200 0 0
SOUTHWEST AIRLS CO COM 844741108 334 6,217 SH   SOLE 6,217 0 0
UNION PAC CORP COM 907818108 104 984 SH   SOLE 984 0 0
UNION PAC CORP COM 907818108 1,979 18,684 SH   OTR 18,684 0 0
US BANCORP DEL COM NEW 902973304 51 980 SH   OTR 380 0 600
US BANCORP DEL COM NEW 902973304 15,400 299,029 SH   SOLE 299,029 0 0
V F CORP COM 918204108 209 3,800 SH   SOLE 3,800 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 20 400 SH   OTR 400 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 255 5,237 SH   SOLE 3,940 0 1,297
WAL-MART STORES INC COM 931142103 249 3,458 SH   SOLE 3,458 0 0
WAL-MART STORES INC COM 931142103 14 200 SH   OTR 200 0 0