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 |
ADVANCED MICRO DEVICES | Com | 007903107 | 17 | 15,000 | SH | | SOLE | | 15,000 | 0 | 0 |
ALLEGHANY CORP DEL | Com | 017175100 | 209 | 510 | SH | | SOLE | | 510 | 0 | 0 |
APPLE COMPUTER INC | Com | 037833100 | 5,763 | 12,088 | SH | | SOLE | | 12,088 | 0 | 0 |
APPROACH RES | Com | 03834A103 | 263 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
ASA BERMUDA LTD. | Com | G3156P103 | 278 | 3,489 | SH | | SOLE | | 3,489 | 0 | 0 |
AT&T INC COM | Com | 00206R102 | 3,919 | 115,891 | SH | | SOLE | | 115,891 | 0 | 0 |
B & G FOODS HLDGS CORP CL A | Com | 05508R106 | 3,758 | 108,783 | SH | | SOLE | | 108,783 | 0 | 0 |
BANK OF AMERICA CORP | Com | 060505104 | 299 | 21,678 | SH | | SOLE | | 21,678 | 0 | 0 |
BAYTEX ENERGY CORP | Com | 07317Q105 | 8,471 | 205,254 | SH | | SOLE | | 205,254 | 0 | 0 |
BELLATRIX EXPLORATION LTD. | Com | 078314101 | 380 | 50,000 | SH | | SOLE | | 50,000 | 0 | 0 |
BERKSHIRE HATHAWAY INC DEL CL | Com | 084670702 | 556 | 4,900 | SH | | SOLE | | 4,900 | 0 | 0 |
BERRY PETROLEUM A | Com | 085789105 | 2,400 | 55,650 | SH | | SOLE | | 55,650 | 0 | 0 |
BHP BILLITON LTD | Com | 088606108 | 439 | 6,594 | SH | | SOLE | | 6,594 | 0 | 0 |
BLACKROCK STRATEGIC MUNICIPAL | Com | 09248T109 | 152 | 12,000 | SH | | SOLE | | 12,000 | 0 | 0 |
BONANZA CREEK ENERGY INC | Com | 097793103 | 1,448 | 30,000 | SH | | SOLE | | 30,000 | 0 | 0 |
BRISTOL MYERS SQUIBB CO | Com | 110122108 | 3,199 | 69,128 | SH | | SOLE | | 69,128 | 0 | 0 |
BROOKFIELD INFRASTRUCTURE PART | Com | G16252101 | 2,043 | 53,746 | SH | | SOLE | | 53,746 | 0 | 0 |
BUCKEYE PARTNERS LP | Com | 118230101 | 308 | 4,700 | SH | | SOLE | | 4,700 | 0 | 0 |
CALL (SLV) ISHARES SILVER TR JAN 18 14 $22 | Call | 46428Q109 | 21 | 20,000 | SH | Call | SOLE | | 20,000 | 0 | 0 |
CALL GENERAL ELECTRIC CO MAR 22 $26 | Call | 369604103 | 11 | 60,000 | SH | Call | SOLE | | 60,000 | 0 | 0 |
CANADIAN NATURAL RESOURCES | Com | 136385101 | 897 | 28,525 | SH | | SOLE | | 28,525 | 0 | 0 |
CANADIAN PACIFIC RAILWAY | Com | 13645T100 | 272 | 2,205 | SH | | SOLE | | 2,205 | 0 | 0 |
CELGENE CORP | Com | 151020104 | 872 | 5,657 | SH | | SOLE | | 5,657 | 0 | 0 |
CENOVUS ENERGY INC | Com | 15135U109 | 6,495 | 217,600 | SH | | SOLE | | 217,600 | 0 | 0 |
CHESAPEAKE GRANITE WASH TR | Com | 165185109 | 657 | 49,227 | SH | | SOLE | | 49,227 | 0 | 0 |
CHEVRON CORP | Com | 166764100 | 219 | 1,800 | SH | | SOLE | | 1,800 | 0 | 0 |
CHICAGO BRIDGE AND IRON CO. NV | Com | 167250109 | 702 | 10,365 | SH | | SOLE | | 10,365 | 0 | 0 |
CIMAREX ENERGY | Com | 171798101 | 4,868 | 50,500 | SH | | SOLE | | 50,500 | 0 | 0 |
CITIGROUP INC | Com | 172967424 | 690 | 14,223 | SH | | SOLE | | 14,223 | 0 | 0 |
CONCHO RES | Com | 20605P101 | 3,264 | 30,000 | SH | | SOLE | | 30,000 | 0 | 0 |
CONOCOPHILLIPS | Com | 20825C104 | 885 | 12,736 | SH | | SOLE | | 12,736 | 0 | 0 |
CONS EDISON CO OF NEW YORK INC | Com | 209115104 | 309 | 5,595 | SH | | SOLE | | 5,595 | 0 | 0 |
CORNING INC | Com | 219350105 | 526 | 36,050 | SH | | SOLE | | 36,050 | 0 | 0 |
CROSS TIMBERS ROYALTY TR | Com | 22757R109 | 3,351 | 114,235 | SH | | SOLE | | 114,235 | 0 | 0 |
DEERE & CO | Com | 244199105 | 258 | 3,176 | SH | | SOLE | | 3,176 | 0 | 0 |
DENBURY RESOURCES INC | Com | 247916208 | 3,962 | 215,194 | SH | | SOLE | | 215,194 | 0 | 0 |
DEVON ENERGY CORP NEW | Com | 25179M103 | 1,011 | 17,500 | SH | | SOLE | | 17,500 | 0 | 0 |
DOMINION RESOURCES-VA | Com | 25746U109 | 214 | 3,424 | SH | | SOLE | | 3,424 | 0 | 0 |
DORCHESTER MINERALS LP | Com | 25820R105 | 12,593 | 526,907 | SH | | SOLE | | 526,907 | 0 | 0 |
DUN & BRADSTREET CORP | Com | 26483E100 | 478 | 4,600 | SH | | SOLE | | 4,600 | 0 | 0 |
E I DU PONT DE NEMOURS & CO | Com | 263534109 | 3,469 | 59,241 | SH | | SOLE | | 59,241 | 0 | 0 |
EAGLE BANCORP INC | Com | 268948106 | 515 | 18,188 | SH | | SOLE | | 18,188 | 0 | 0 |
EMERALD OIL INC | Com | 29101U209 | 266 | 37,050 | SH | | SOLE | | 37,050 | 0 | 0 |
ENBRIDGE ENERGY MGMT LLC | Com | 29250X103 | 889 | 30,904 | SH | | SOLE | | 30,904 | 0 | 0 |
ENBRIDGE ENERGY PARTNERS LP | Com | 29250R106 | 2,766 | 90,825 | SH | | SOLE | | 90,825 | 0 | 0 |
ENBRIDGE INC COM | Com | 29250N105 | 393 | 9,426 | SH | | SOLE | | 9,426 | 0 | 0 |
ENDURO RTY TR | Com | 29269K100 | 1,721 | 136,707 | SH | | SOLE | | 136,707 | 0 | 0 |
ENERGY TRANSFER EQUITY LP | Com | 29273V100 | 7,233 | 109,960 | SH | | SOLE | | 109,960 | 0 | 0 |
ENERGY XXI BERMUDA LIMITED | Com | G10082140 | 1,352 | 44,750 | SH | | SOLE | | 44,750 | 0 | 0 |
ENTERPRISE PRODS PARTNERS LP | Com | 293792107 | 351 | 5,750 | SH | | SOLE | | 5,750 | 0 | 0 |
EOG RESOURCES INC | Com | 26875P101 | 1,710 | 10,100 | SH | | SOLE | | 10,100 | 0 | 0 |
EXPRESS SCRIPTS HLDG CO | Com | 30219G108 | 284 | 4,603 | SH | | SOLE | | 4,603 | 0 | 0 |
EXXON MOBIL CORP | Com | 30231G102 | 4,848 | 56,343 | SH | | SOLE | | 56,343 | 0 | 0 |
FREEPORT MCMORAN COPPER & GOLD | Com | 35671D857 | 791 | 23,909 | SH | | SOLE | | 23,909 | 0 | 0 |
GARTNER INC | Com | 366651107 | 450 | 7,500 | SH | | SOLE | | 7,500 | 0 | 0 |
GENERAL ELECTRIC CO | Com | 369604103 | 2,366 | 99,031 | SH | | SOLE | | 99,031 | 0 | 0 |
GENESIS ENERGY LP | Com | 371927104 | 1,545 | 30,850 | SH | | SOLE | | 30,850 | 0 | 0 |
GLOBECOMM SYSTEMS | Com | 37956X103 | 399 | 28,445 | SH | | SOLE | | 28,445 | 0 | 0 |
GOLDCORP LTD. | Com | 380956409 | 374 | 14,379 | SH | | SOLE | | 14,379 | 0 | 0 |
GOOGLE INC CL A | Com | 38259P508 | 365 | 417 | SH | | SOLE | | 417 | 0 | 0 |
GRAVIS OIL CORP | Com | 38911X105 | 5 | 78,080 | SH | | SOLE | | 78,080 | 0 | 0 |
GREYSON INTL INC | Com | 39807G107 | 1 | 12,000 | SH | | SOLE | | 12,000 | 0 | 0 |
HALCON RESOURCES CORPORATION | Com | 40537Q209 | 1,542 | 348,000 | SH | | SOLE | | 348,000 | 0 | 0 |
HESS CORP COM | Com | 42809H107 | 220 | 2,845 | SH | | SOLE | | 2,845 | 0 | 0 |
HOVNANIAN ENTERPRISES INC CL A | Com | 442487203 | 222 | 42,391 | SH | | SOLE | | 42,391 | 0 | 0 |
INTL BUSINESS MACHINES CORP | Com | 459200101 | 4,681 | 25,278 | SH | | SOLE | | 25,278 | 0 | 0 |
INVESCO VAN KAMPEN TR INVT GRA | Com | 46131T101 | 277 | 20,025 | SH | | SOLE | | 20,025 | 0 | 0 |
ISHARES SILVER TRUST | Com | 46428Q109 | 2,603 | 124,540 | SH | | SOLE | | 124,540 | 0 | 0 |
ISHARES TR GOLDMAN SACHS TECHN | Com | 464287549 | 346 | 4,335 | SH | | SOLE | | 4,335 | 0 | 0 |
ISHARES TR MSCI EAFE INDEX FD | Com | 464287465 | 439 | 6,881 | SH | | SOLE | | 6,881 | 0 | 0 |
ISHARES US MEDICAL DEVICES IND | Com | 464288810 | 1,952 | 23,050 | SH | | SOLE | | 23,050 | 0 | 0 |
J P MORGAN & CO INC | Com | 46625H100 | 309 | 5,987 | SH | | SOLE | | 5,987 | 0 | 0 |
JOHNSON & JOHNSON | Com | 478160104 | 3,626 | 41,826 | SH | | SOLE | | 41,826 | 0 | 0 |
KINDER MORGAN MANAGMENT LLC | Com | 49455u100 | 228 | 3,039 | SH | | SOLE | | 3,039 | 0 | 0 |
KODIAK OIL & GAS | Com | 50015Q100 | 482 | 40,000 | SH | | SOLE | | 40,000 | 0 | 0 |
LEAPFROG ENTERPRISES INC CL A | Com | 52186N106 | 221 | 23,500 | SH | | SOLE | | 23,500 | 0 | 0 |
LEGACY RESERVES LP | Com | 524707304 | 404 | 14,950 | SH | | SOLE | | 14,950 | 0 | 0 |
LONGVIEW OIL CORP. | Com | 543231104 | 813 | 130,200 | SH | | SOLE | | 130,200 | 0 | 0 |
MAGELLAN MIDSTREAM PARTNERS LP | Com | 559080106 | 5,262 | 93,255 | SH | | SOLE | | 93,255 | 0 | 0 |
MARATHON OIL | Com | 565849106 | 2,721 | 78,000 | SH | | SOLE | | 78,000 | 0 | 0 |
MARKET VECTORS ETF TR GOLD MIN | Com | 57060U100 | 364 | 14,550 | SH | | SOLE | | 14,550 | 0 | 0 |
MCDONALDS CORP | Com | 580135101 | 203 | 2,112 | SH | | SOLE | | 2,112 | 0 | 0 |
MERCK & CO INC | Com | 58933Y105 | 467 | 9,801 | SH | | SOLE | | 9,801 | 0 | 0 |
MFS MULTIMARKET INCOME TRUST | Com | 552737108 | 196 | 29,600 | SH | | SOLE | | 29,600 | 0 | 0 |
MICROSOFT CORP | Com | 594918104 | 230 | 6,910 | SH | | SOLE | | 6,910 | 0 | 0 |
MIDSTATES PETE CO INC | Com | 59804T100 | 92 | 18,000 | SH | | SOLE | | 18,000 | 0 | 0 |
MIMEDX GROUP INC | Com | 602496101 | 250 | 60,000 | SH | | SOLE | | 60,000 | 0 | 0 |
MPLX LP | Com | 55336V100 | 597 | 16,379 | SH | | SOLE | | 16,379 | 0 | 0 |
NATL FUEL GAS CO NJ | Com | 636180101 | 4,387 | 63,800 | SH | | SOLE | | 63,800 | 0 | 0 |
NORFOLK SOUTHERN CORP | Com | 655844108 | 213 | 2,750 | SH | | SOLE | | 2,750 | 0 | 0 |
NORTH EUROPEAN OIL ROYALTY TR | Com | 659310106 | 950 | 43,493 | SH | | SOLE | | 43,493 | 0 | 0 |
NORTHERN OIL & GAS INC | Com | 665531109 | 4,215 | 292,100 | SH | | SOLE | | 292,100 | 0 | 0 |
NUVEEN NJ PREMIUM INC MUNI | Com | 67101N106 | 247 | 18,331 | SH | | SOLE | | 18,331 | 0 | 0 |
OCCIDENTAL PETROLEUM CORP | Com | 674599105 | 10,823 | 115,700 | SH | | SOLE | | 115,700 | 0 | 0 |
ONEOK PARTNERS LP | Com | 68268N103 | 265 | 5,000 | SH | | SOLE | | 5,000 | 0 | 0 |
ORACLE CORP | Com | 68389X105 | 1,833 | 55,268 | SH | | SOLE | | 55,268 | 0 | 0 |
PACIFIC COAST OIL TRUST | Com | 694103102 | 11,479 | 713,451 | SH | | SOLE | | 713,451 | 0 | 0 |
PANHANDLE OIL & GAS INC | Com | 698477106 | 425 | 15,016 | SH | | SOLE | | 15,016 | 0 | 0 |
PEMBINA PIPELINE CORPORATION | Com | 706327103 | 1,648 | 49,729 | SH | | SOLE | | 49,729 | 0 | 0 |
PERMIAN BASIN TRUST | Com | 714236106 | 9,200 | 645,590 | SH | | SOLE | | 645,590 | 0 | 0 |
PFIZER INC | Com | 717081103 | 344 | 11,990 | SH | | SOLE | | 11,990 | 0 | 0 |
PHILIP MORRIS INTL | Com | 718172109 | 289 | 3,332 | SH | | SOLE | | 3,332 | 0 | 0 |
PIMCO CORPORATE OPPORTUNITY | Com | 72201B101 | 338 | 18,700 | SH | | SOLE | | 18,700 | 0 | 0 |
PIONEER SOUTHWEST ENERGY PRTNRS | Com | 72388B106 | 663 | 15,000 | SH | | SOLE | | 15,000 | 0 | 0 |
PLAINS ALL AMERN PIPELINE LP | Com | 726503105 | 4,709 | 89,426 | SH | | SOLE | | 89,426 | 0 | 0 |
PNC FINANCIAL | Com | 693475105 | 225 | 3,100 | SH | | SOLE | | 3,100 | 0 | 0 |
POTASH CORP OF SASKATCHEWAN IN | Com | 73755L107 | 584 | 18,685 | SH | | SOLE | | 18,685 | 0 | 0 |
POWERSHARES QQQ TR UNIT SER 1 | Com | 73935A104 | 696 | 8,820 | SH | | SOLE | | 8,820 | 0 | 0 |
PROCTER & GAMBLE CO | Com | 742718109 | 874 | 11,567 | SH | | SOLE | | 11,567 | 0 | 0 |
PROSHRS ULTRASHORT 20+ YEAR TR | Com | 74347B201 | 385 | 5,111 | SH | | SOLE | | 5,111 | 0 | 0 |
QUALCOMM INC | Com | 747525103 | 3,460 | 51,400 | SH | | SOLE | | 51,400 | 0 | 0 |
REAVES UTIL INCOME FD | Com | 756158101 | 273 | 10,887 | SH | | SOLE | | 10,887 | 0 | 0 |
RESOLUTE ENERGY CORP | Com | 76116A108 | 1,008 | 120,600 | SH | | SOLE | | 120,600 | 0 | 0 |
ROYAL DUTCH SHELL PLC CL B | Com | 780259107 | 9,467 | 137,500 | SH | | SOLE | | 137,500 | 0 | 0 |
RUBY CREEK RESOURCES INC | Com | 78116P101 | 0 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
SABINE ROYALTY TRUST | Com | 785688102 | 19,604 | 385,529 | SH | | SOLE | | 385,529 | 0 | 0 |
SANDRIDGE ENERGY INC | Com | 80007P307 | 469 | 80,100 | SH | | SOLE | | 80,100 | 0 | 0 |
SANDRIDGE PERMIAN TRUST | Com | 80007A102 | 2,346 | 165,086 | SH | | SOLE | | 165,086 | 0 | 0 |
SASOL LTD SPONSORED ADR | Com | 803866300 | 250 | 5,230 | SH | | SOLE | | 5,230 | 0 | 0 |
SIMS METAL MANAGEMENT | Com | 829160100 | 582 | 66,200 | SH | | SOLE | | 66,200 | 0 | 0 |
SOUTHEAST BANKING CORP | Com | 841338106 | 0 | 45,000 | SH | | SOLE | | 45,000 | 0 | 0 |
SPDR GOLD TR | Com | 78463V107 | 4,413 | 34,425 | SH | | SOLE | | 34,425 | 0 | 0 |
STAR SCIENTIFIC INC | Com | 85517P101 | 185 | 96,700 | SH | | SOLE | | 96,700 | 0 | 0 |
STATOILHYDRO SP ADR | Com | 85771P102 | 2,615 | 115,300 | SH | | SOLE | | 115,300 | 0 | 0 |
SUNCOR ENERGY INC | Com | 867224107 | 10,208 | 285,300 | SH | | SOLE | | 285,300 | 0 | 0 |
TESORO LOGISTICS LP | Com | 88160T107 | 1,523 | 26,250 | SH | | SOLE | | 26,250 | 0 | 0 |
TOTAL SA | Com | 89151E109 | 226 | 3,900 | SH | | SOLE | | 3,900 | 0 | 0 |
U S GEOTHERMAL INC | Com | 90338S102 | 6 | 14,000 | SH | | SOLE | | 14,000 | 0 | 0 |
UNILEVER PLC ADR | Com | 904767704 | 756 | 19,595 | SH | | SOLE | | 19,595 | 0 | 0 |
USA COMPRESSION PARTNERS LP | Com | 90290N109 | 926 | 38,882 | SH | | SOLE | | 38,882 | 0 | 0 |
VANGUARD INDEX FDS SMALL CAP | Com | 922908751 | 523 | 5,098 | SH | | SOLE | | 5,098 | 0 | 0 |
VERIZON COMMUNICATIONS | Com | 92343V104 | 725 | 15,537 | SH | | SOLE | | 15,537 | 0 | 0 |
VERMILION ENERGY INC | Com | 923725105 | 1,757 | 31,800 | SH | | SOLE | | 31,800 | 0 | 0 |
VOC ENERGY TRUST | Com | 91829B103 | 2,887 | 184,341 | SH | | SOLE | | 184,341 | 0 | 0 |
WESTERN ASSET HIGH INCOME OPPO | Com | 95766K109 | 142 | 23,722 | SH | | SOLE | | 23,722 | 0 | 0 |
WESTERN GAS EQUITY PARTNERS LP | Com | 95825R103 | 3,367 | 90,529 | SH | | SOLE | | 90,529 | 0 | 0 |
WESTERN GAS PARTNERS LP | Com | 958254104 | 2,578 | 42,866 | SH | | SOLE | | 42,866 | 0 | 0 |
WESTPORT INNOVATIONS INC | Com | 960908309 | 960 | 39,670 | SH | | SOLE | | 39,670 | 0 | 0 |
WHITING PETROLEUM CORP | Com | 966387102 | 11,138 | 186,100 | SH | | SOLE | | 186,100 | 0 | 0 |
WHITING USA TR II | Com | 966388100 | 9,637 | 751,683 | SH | | SOLE | | 751,683 | 0 | 0 |
WILLIAMS COS INC | Com | 969457100 | 5,698 | 156,712 | SH | | SOLE | | 156,712 | 0 | 0 |
WISDOM TREE EMERGING MARKETS | Com | 97717W315 | 3,230 | 62,495 | SH | | SOLE | | 62,495 | 0 | 0 |
XOMA CORP | Com | 98419J107 | 45 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |