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 328 3,708 SH   SOLE 3,708 0 0
ALLSTATE CORP COM 020002101 328 3,708 SH   OTR 3,708 0 0
APPLE HOSPITALITY REIT INC COM NEW 03784Y200 243 13,000 SH   OTR 13,000 0 0
APPLE HOSPITALITY REIT INC COM NEW 03784Y200 1,719 91,884 SH   SOLE 91,884 0 0
AT&T INC COM 00206R102 602 15,967 SH   OTR 15,967 0 0
AT&T INC COM 00206R102 3,525 93,432 SH   SOLE 91,872 0 1,560
BANK AMER CORP COM 060505104 37 1,536 SH   OTR 1,082 0 454
BANK AMER CORP COM 060505104 1,902 78,400 SH   SOLE 78,400 0 0
BOSTON PROPERTIES INC COM 101121101 246 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 362 6,505 SH   SOLE 6,505 0 0
CALPINE CORP COM NEW 131347304 68 5,000 SH   OTR 5,000 0 0
CALPINE CORP COM NEW 131347304 843 62,303 SH   SOLE 62,303 0 0
CATERPILLAR INC DEL COM 149123101 406 3,779 SH   OTR 3,779 0 0
CATERPILLAR INC DEL COM 149123101 9,101 84,696 SH   SOLE 84,696 0 0
CHEVRON CORP NEW COM 166764100 242 2,317 SH   OTR 2,317 0 0
CHEVRON CORP NEW COM 166764100 67 640 SH   SOLE 640 0 0
CONOCOPHILLIPS COM 20825C104 4,670 106,241 SH   SOLE 106,241 0 0
CONOCOPHILLIPS COM 20825C104 35 800 SH   OTR 800 0 0
CSX CORP COM 126408103 17,719 324,753 SH   SOLE 324,753 0 0
CSX CORP COM 126408103 436 8,000 SH   OTR 8,000 0 0
DISCOVER FINL SVCS COM 254709108 128 2,060 SH   OTR 1,560 0 500
DISCOVER FINL SVCS COM 254709108 104 1,679 SH   SOLE 1,560 0 119
DISNEY WALT CO COM DISNEY 254687106 9 83 SH   OTR 83 0 0
DISNEY WALT CO COM DISNEY 254687106 233 2,195 SH   SOLE 2,100 0 95
DU PONT E I DE NEMOURS & CO COM 263534109 186 2,300 SH   OTR 2,300 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 124 1,535 SH   SOLE 1,535 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 1,592 19,040 SH   SOLE 19,040 0 0
EPR PPTYS COM SH BEN INT 26884U109 1,087 15,120 SH   SOLE 15,120 0 0
EXXON MOBIL CORP COM 30231G102 2,263 28,028 SH   OTR 28,028 0 0
EXXON MOBIL CORP COM 30231G102 251 3,108 SH   SOLE 3,108 0 0
FREEPORT-MCMORAN INC CL B 35671D857 3,167 263,692 SH   SOLE 263,692 0 0
GATX CORP COM 361448103 1,834 28,539 SH   OTR 28,539 0 0
GATX CORP COM 361448103 17,551 273,076 SH   SOLE 273,076 0 0
GENERAL ELECTRIC CO COM 369604103 432 16,010 SH   OTR 16,010 0 0
GENERAL ELECTRIC CO COM 369604103 23,462 868,633 SH   SOLE 868,633 0 0
GREAT PLAINS ENERGY INC COM 391164100 75 2,568 SH   OTR 2,568 0 0
GREAT PLAINS ENERGY INC COM 391164100 3,671 125,366 SH   SOLE 125,366 0 0
GREENBRIER COS INC COM 393657101 11,794 255,007 SH   SOLE 255,007 0 0
GREENBRIER COS INC COM 393657101 648 14,000 SH   OTR 14,000 0 0
HANCOCK JOHN FINL OPPTYS FD SH BEN INT NEW 409735206 604 16,750 SH   SOLE 16,750 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 1,160 39,787 SH   OTR 39,787 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 35,463 1,216,566 SH   SOLE 1,215,746 0 820
INTL PAPER CO COM 460146103 1,163 20,549 SH   SOLE 20,549 0 0
ISHARES TR RUS MID CAP ETF 464287499 23 122 SH   OTR 122 0 0
ISHARES TR RUS MID CAP ETF 464287499 214 1,115 SH   SOLE 1,115 0 0
JOHNSON & JOHNSON COM 478160104 359 2,715 SH   OTR 2,315 0 400
JOHNSON & JOHNSON COM 478160104 792 5,985 SH   SOLE 5,985 0 0
JPMORGAN CHASE & CO COM 46625H100 181 1,982 SH   OTR 1,982 0 0
JPMORGAN CHASE & CO COM 46625H100 8,404 91,950 SH   SOLE 91,765 0 185
LEXINGTON REALTY TRUST COM 529043101 6,525 658,400 SH   SOLE 658,400 0 0
LEXINGTON REALTY TRUST COM 529043101 125 12,600 SH   OTR 12,600 0 0
MANULIFE FINL CORP COM 56501R106 216 11,520 SH   SOLE 11,520 0 0
MORGAN STANLEY COM NEW 617446448 139 3,120 SH   OTR 3,120 0 0
MORGAN STANLEY COM NEW 617446448 152 3,420 SH   SOLE 3,420 0 0
NORFOLK SOUTHERN CORP COM 655844108 2,531 20,800 SH   SOLE 20,800 0 0
NRG ENERGY INC COM NEW 629377508 172 10,000 SH   OTR 10,000 0 0
NRG ENERGY INC COM NEW 629377508 10,741 623,760 SH   SOLE 623,760 0 0
PROCTER AND GAMBLE CO COM 742718109 3,060 35,115 SH   SOLE 35,115 0 0
REALTY INCOME CORP COM 756109104 21,903 396,941 SH   SOLE 396,274 0 667
REALTY INCOME CORP COM 756109104 143 2,600 SH   OTR 2,600 0 0
REYNOLDS AMERICAN INC COM 761713106 116 1,790 SH   OTR 1,790 0 0
REYNOLDS AMERICAN INC COM 761713106 954 14,664 SH   SOLE 14,664 0 0
RMR GROUP INC CL A 74967R106 28 585 SH   OTR 585 0 0
RMR GROUP INC CL A 74967R106 974 20,016 SH   SOLE 20,016 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 3,266 60,000 SH   SOLE 60,000 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1,782 33,500 SH   SOLE 33,500 0 0
RYDER SYS INC COM 783549108 7,530 104,615 SH   SOLE 104,615 0 0
RYDER SYS INC COM 783549108 43 600 SH   OTR 600 0 0
SOUTHERN CO COM 842587107 1,159 24,200 SH   SOLE 24,200 0 0
SOUTHWEST AIRLS CO COM 844741108 386 6,217 SH   SOLE 6,217 0 0
UNION PAC CORP COM 907818108 2,035 18,684 SH   OTR 18,684 0 0
UNION PAC CORP COM 907818108 98 900 SH   SOLE 900 0 0
US BANCORP DEL COM NEW 902973304 50 980 SH   OTR 380 0 600
US BANCORP DEL COM NEW 902973304 15,394 296,490 SH   SOLE 296,490 0 0
V F CORP COM 918204108 219 3,800 SH   SOLE 3,800 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 18 400 SH   OTR 400 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 231 5,174 SH   SOLE 3,877 0 1,297
WAL-MART STORES INC COM 931142103 246 3,245 SH   SOLE 3,245 0 0