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 |
3M Co. | COM | 88579Y101 | 12,386 | 113,265 | SH | | SOLE | | 113,265 | 0 | 0 |
AES Trust III | PFD | 00808N202 | 1,785 | 35,349 | SH | | SOLE | | 35,349 | 0 | 0 |
AGL Resources | COM | 001204106 | 824 | 19,220 | SH | | SOLE | | 19,220 | 0 | 0 |
AT&T Inc. | COM | 00206r102 | 517 | 14,616 | SH | | SOLE | | 14,616 | 0 | 0 |
Aberdeen Global Income Fund Inc. | COM | 003013109 | 115 | 10,450 | SH | | SOLE | | 10,450 | 0 | 0 |
Aflac Inc. | COM | 001055102 | 11,671 | 200,814 | SH | | SOLE | | 200,814 | 0 | 0 |
Amer Electric Power Co. | COM | 025537101 | 1,569 | 35,039 | SH | | SOLE | | 35,039 | 0 | 0 |
American Express Co. | COM | 025816109 | 8,410 | 112,487 | SH | | SOLE | | 112,487 | 0 | 0 |
American Intl. Group Inc. | COM | 026874784 | 9,048 | 202,425 | SH | | SOLE | | 202,425 | 0 | 0 |
Amerigas Partners LP | COM | 030975106 | 2,576 | 52,110 | SH | | SOLE | | 52,110 | 0 | 0 |
Apache Corporation Convertible | PFD | 037411808 | 2,048 | 42,895 | SH | | SOLE | | 42,895 | 0 | 0 |
Apple Computer Inc. | COM | 037833100 | 9,752 | 24,594 | SH | | SOLE | | 24,594 | 0 | 0 |
ArcelorMittal | COM | L0302D178 | 5,777 | 307,770 | SH | | SOLE | | 307,770 | 0 | 0 |
Ares Capital Corporation | COM | 04010L103 | 8,238 | 478,973 | SH | | SOLE | | 478,973 | 0 | 0 |
Atmos Energy Corp. | COM | 049560105 | 2,083 | 50,742 | SH | | SOLE | | 50,742 | 0 | 0 |
Automatic Data Process. | COM | 053015103 | 14,744 | 214,119 | SH | | SOLE | | 214,119 | 0 | 0 |
BCE Inc. | COM | 05534B760 | 770 | 18,777 | SH | | SOLE | | 18,777 | 0 | 0 |
Bank of America Corp. Preferred L | PFD | 060505682 | 3,802 | 3,428 | SH | | SOLE | | 3,428 | 0 | 0 |
Bank of New York | COM | 064058100 | 459 | 16,358 | SH | | SOLE | | 16,358 | 0 | 0 |
Becton Dickinson Co | COM | 075887109 | 390 | 3,951 | SH | | SOLE | | 3,951 | 0 | 0 |
Berkshire Hathaway Inc. - A | COM | 084670108 | 337 | 2 | SH | | SOLE | | 2 | 0 | 0 |
Berkshire Hathaway Inc. - B | COM | 084670702 | 21,667 | 193,590 | SH | | SOLE | | 193,590 | 0 | 0 |
BioMed Realty Trust Inc. | COM | 09063H107 | 1,339 | 66,185 | SH | | SOLE | | 66,185 | 0 | 0 |
Biogen Idec Inc. | COM | 09062X103 | 231 | 1,075 | SH | | SOLE | | 1,075 | 0 | 0 |
Black Rock Build America Bond Trust | COM | 09248X100 | 2,743 | 135,788 | SH | | SOLE | | 135,788 | 0 | 0 |
Boardwalk Pipeline Partners, LP | COM | 096627104 | 294 | 9,750 | SH | | SOLE | | 9,750 | 0 | 0 |
Buckeye Partners LP | COM | 118230101 | 1,534 | 21,865 | SH | | SOLE | | 21,865 | 0 | 0 |
CSX Corp. | COM | 126408103 | 215 | 9,279 | SH | | SOLE | | 9,279 | 0 | 0 |
Canadian Natural Resources Ltd. | COM | 136385101 | 1,093 | 38,682 | SH | | SOLE | | 38,682 | 0 | 0 |
Carlyle Group LP | COM | 14309L102 | 3,628 | 141,570 | SH | | SOLE | | 141,570 | 0 | 0 |
CenterPoint Energy | COM | 15189T107 | 789 | 33,589 | SH | | SOLE | | 33,589 | 0 | 0 |
Chevrontexaco Corp. | COM | 166764100 | 971 | 8,207 | SH | | SOLE | | 8,207 | 0 | 0 |
Cigna Corp. | COM | 125509109 | 505 | 6,967 | SH | | SOLE | | 6,967 | 0 | 0 |
Cisco Systems Inc. | COM | 17275r102 | 11,034 | 453,404 | SH | | SOLE | | 453,404 | 0 | 0 |
Coca Cola Company | COM | 191216100 | 281 | 7,000 | SH | | SOLE | | 7,000 | 0 | 0 |
CommonWealth Reit Pref D | PFD | 203233408 | 1,933 | 83,847 | SH | | SOLE | | 83,847 | 0 | 0 |
Commonwealth Reit Preferred P | PFD | 203233606 | 2,187 | 87,146 | SH | | SOLE | | 87,146 | 0 | 0 |
Compass Minerals International | COM | 20451N101 | 5,393 | 63,805 | SH | | SOLE | | 63,805 | 0 | 0 |
ConocoPhillips | COM | 20825C104 | 497 | 8,211 | SH | | SOLE | | 8,211 | 0 | 0 |
Cross Timbers Royalty Trust | COM | 22757R109 | 577 | 21,290 | SH | | SOLE | | 21,290 | 0 | 0 |
Danaher Corp. Del | COM | 235851102 | 799 | 12,618 | SH | | SOLE | | 12,618 | 0 | 0 |
Devon Energy Corp. | COM | 25179M103 | 6,699 | 129,124 | SH | | SOLE | | 129,124 | 0 | 0 |
Digital Realty Trust, Inc. Pfd Ser F | PFD | 253868806 | 498 | 19,970 | SH | | SOLE | | 19,970 | 0 | 0 |
Dominion Resources Inc. | COM | 25746U109 | 3,258 | 57,337 | SH | | SOLE | | 57,337 | 0 | 0 |
Duke Energy Corp. | COM | 26441C204 | 2,594 | 38,427 | SH | | SOLE | | 38,427 | 0 | 0 |
Enbridge Energy Mgmt | COM | 29250X103 | 5,316 | 175,547 | SH | | SOLE | | 175,547 | 0 | 0 |
Enbridge Energy Ptrs. LP | COM | 29250R106 | 1,367 | 44,842 | SH | | SOLE | | 44,842 | 0 | 0 |
Energy Transfer Equity L.P. | COM | 29273V100 | 1,276 | 21,325 | SH | | SOLE | | 21,325 | 0 | 0 |
Energy Transfer Partners | COM | 29273R109 | 5,766 | 114,095 | SH | | SOLE | | 114,095 | 0 | 0 |
Enerplus Corporation | COM | 292766102 | 1,724 | 116,590 | SH | | SOLE | | 116,590 | 0 | 0 |
Enterprise Products Pptns Lp | COM | 293792107 | 4,056 | 65,267 | SH | | SOLE | | 65,267 | 0 | 0 |
Express Scripts Holding Company | COM | 30219G108 | 2,047 | 33,149 | SH | | SOLE | | 33,149 | 0 | 0 |
ExxonMobil Corp. | COM | 30231G102 | 15,580 | 172,437 | SH | | SOLE | | 172,437 | 0 | 0 |
Felcor Lodging Trust Inc. Pfd. A | PFD | 31430F200 | 4,500 | 182,920 | SH | | SOLE | | 182,920 | 0 | 0 |
Felcor Lodging Trust Inc. Pfd. C | PFD | 31430F507 | 1,352 | 54,327 | SH | | SOLE | | 54,327 | 0 | 0 |
France Telecom ADS | COM | 35177q105 | 3,108 | 328,891 | SH | | SOLE | | 328,891 | 0 | 0 |
General Dynamics Corp. | COM | 369550108 | 6,150 | 78,513 | SH | | SOLE | | 78,513 | 0 | 0 |
General Electric Co. | COM | 369604103 | 14,295 | 616,408 | SH | | SOLE | | 616,408 | 0 | 0 |
General Motors Co. | COM | 37045V100 | 2,012 | 60,415 | SH | | SOLE | | 60,415 | 0 | 0 |
Gilead Sciences Inc. | COM | 375558103 | 497 | 9,700 | SH | | SOLE | | 9,700 | 0 | 0 |
Google Inc. Cl A | COM | 38259p508 | 10,821 | 12,291 | SH | | SOLE | | 12,291 | 0 | 0 |
HSBC USA Inc. Series G Dep Shares | PFD | 404288H88 | 821 | 34,174 | SH | | SOLE | | 34,174 | 0 | 0 |
HSBC USA, Inc. Preferred D | PFD | 40428H706 | 1,685 | 67,139 | SH | | SOLE | | 67,139 | 0 | 0 |
Health Care REIT Inc. | COM | 42217K106 | 1,695 | 25,280 | SH | | SOLE | | 25,280 | 0 | 0 |
Horsehead Holding Corp. | COM | 440694305 | 1,914 | 149,450 | SH | | SOLE | | 149,450 | 0 | 0 |
Intel Corp. | COM | 458140100 | 10,868 | 448,538 | SH | | SOLE | | 448,538 | 0 | 0 |
International Business Machines Corp. | COM | 459200101 | 351 | 1,838 | SH | | SOLE | | 1,838 | 0 | 0 |
Ishares Emerging Markets Fund | COM | 464287234 | 399 | 10,367 | SH | | SOLE | | 10,367 | 0 | 0 |
Johnson & Johnson | COM | 478160104 | 15,786 | 183,854 | SH | | SOLE | | 183,854 | 0 | 0 |
Johnson Controls Inc. | COM | 478366107 | 13,435 | 375,378 | SH | | SOLE | | 375,378 | 0 | 0 |
Kinder Morgan Energy Ptrs. | COM | 494550106 | 4,383 | 51,323 | SH | | SOLE | | 51,323 | 0 | 0 |
Kinder Morgan Mgmt. | COM | 49455U100 | 11,708 | 140,065 | SH | | SOLE | | 140,065 | 0 | 0 |
Kohls | COM | 500255104 | 8,693 | 172,106 | SH | | SOLE | | 172,106 | 0 | 0 |
Linn Energy, LLC | COM | 536020100 | 332 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
Lowe's Companies Inc. | COM | 548661107 | 17,722 | 433,312 | SH | | SOLE | | 433,312 | 0 | 0 |
Macquarie Infrastructure Company | COM | 55608B105 | 267 | 5,000 | SH | | SOLE | | 5,000 | 0 | 0 |
Magellan Midstream Partners LP COM | COM | 559080106 | 452 | 8,300 | SH | | SOLE | | 8,300 | 0 | 0 |
Markel Corp. | COM | 570535104 | 419 | 795 | SH | | SOLE | | 795 | 0 | 0 |
Methanex Corp. | COM | 59151K108 | 1,194 | 27,875 | SH | | SOLE | | 27,875 | 0 | 0 |
Microsoft Corp. | COM | 594918104 | 15,348 | 444,285 | SH | | SOLE | | 444,285 | 0 | 0 |
Morgan Stanley Prd A | COM | 61747S504 | 3,107 | 144,828 | SH | | SOLE | | 144,828 | 0 | 0 |
National Grid PLC ADR | COM | 636274300 | 7,366 | 129,986 | SH | | SOLE | | 129,986 | 0 | 0 |
National Oilwell Varco, Inc. | COM | 637071101 | 7,151 | 103,783 | SH | | SOLE | | 103,783 | 0 | 0 |
NextEra Energy Convertible | COM | 65339F507 | 2,877 | 47,356 | SH | | SOLE | | 47,356 | 0 | 0 |
Nextera Energy Corp | COM | 65339F101 | 2,004 | 24,595 | SH | | SOLE | | 24,595 | 0 | 0 |
Noble Corp. | COM | H5833N103 | 4,524 | 120,396 | SH | | SOLE | | 120,396 | 0 | 0 |
Norfolk Southern Corp. | COM | 655844108 | 203 | 2,794 | SH | | SOLE | | 2,794 | 0 | 0 |
Northeast Utilities | COM | 664397106 | 1,134 | 26,997 | SH | | SOLE | | 26,997 | 0 | 0 |
Novartis AG ADR | COM | 66987V109 | 18,031 | 254,993 | SH | | SOLE | | 254,993 | 0 | 0 |
Nustar Energy LP | COM | 67058H102 | 1,635 | 35,826 | SH | | SOLE | | 35,826 | 0 | 0 |
Nuveen Build America Bond Opportunity Fund | COM | 67074Q102 | 350 | 17,517 | SH | | SOLE | | 17,517 | 0 | 0 |
Nuveen Floating Rate Income Fund | COM | 67072T108 | 1,045 | 82,942 | SH | | SOLE | | 82,942 | 0 | 0 |
Occidental Pete Corp. | COM | 674599105 | 210 | 2,350 | SH | | SOLE | | 2,350 | 0 | 0 |
Oneok Inc. | COM | 682680103 | 500 | 12,103 | SH | | SOLE | | 12,103 | 0 | 0 |
PNC Financial Services Group | COM | 693475105 | 10,730 | 147,142 | SH | | SOLE | | 147,142 | 0 | 0 |
PPL Corp. | COM | 69351T106 | 879 | 29,052 | SH | | SOLE | | 29,052 | 0 | 0 |
Pembina Pipeline Corp. | COM | 706327103 | 5,214 | 170,281 | SH | | SOLE | | 170,281 | 0 | 0 |
Penn West Energy Trust | COM | 707887105 | 604 | 57,131 | SH | | SOLE | | 57,131 | 0 | 0 |
Pepsico Inc. | COM | 713448108 | 651 | 7,957 | SH | | SOLE | | 7,957 | 0 | 0 |
Pfizer Inc. | COM | 717081103 | 12,287 | 438,666 | SH | | SOLE | | 438,666 | 0 | 0 |
Philip Morris International | COM | 718172109 | 287 | 3,314 | SH | | SOLE | | 3,314 | 0 | 0 |
Phillips 66 | COM | 718546104 | 232 | 3,930 | SH | | SOLE | | 3,930 | 0 | 0 |
Plains All American Pipeline Lp | COM | 726503105 | 505 | 9,050 | SH | | SOLE | | 9,050 | 0 | 0 |
Potomac Electric Pwr Co. | COM | 713291102 | 356 | 17,634 | SH | | SOLE | | 17,634 | 0 | 0 |
Rogers Communications Inc. | COM | 775109200 | 2,996 | 76,440 | SH | | SOLE | | 76,440 | 0 | 0 |
Royal Dutch Shell B | COM | 780259107 | 291 | 4,391 | SH | | SOLE | | 4,391 | 0 | 0 |
SPDR Barclays Capital High Yield Bond | COM | 78464A417 | 1,324 | 33,535 | SH | | SOLE | | 33,535 | 0 | 0 |
Schlumberger Ltd. | COM | 806857108 | 247 | 3,442 | SH | | SOLE | | 3,442 | 0 | 0 |
Spectra Energy | COM | 847560109 | 8,564 | 248,533 | SH | | SOLE | | 248,533 | 0 | 0 |
Steel Dynamics, Inc. | COM | 858119100 | 4,198 | 281,561 | SH | | SOLE | | 281,561 | 0 | 0 |
Sun Hydraulics Corp. | COM | 866942105 | 201 | 6,425 | SH | | SOLE | | 6,425 | 0 | 0 |
TC Pipelines LP | COM | 87233Q108 | 578 | 11,976 | SH | | SOLE | | 11,976 | 0 | 0 |
Thermo Fisher Scientific Inc. | COM | 883556102 | 8,456 | 99,923 | SH | | SOLE | | 99,923 | 0 | 0 |
Tupperware Corp. | COM | 899896104 | 8,692 | 111,881 | SH | | SOLE | | 111,881 | 0 | 0 |
United Parcel Service - B | COM | 911312106 | 9,894 | 114,404 | SH | | SOLE | | 114,404 | 0 | 0 |
United Technologies Corp. Preferred A | PFD | 913017117 | 2,817 | 47,455 | SH | | SOLE | | 47,455 | 0 | 0 |
Vanguard Emerging Markets Stock ETF | COM | 922042858 | 200 | 5,167 | SH | | SOLE | | 5,167 | 0 | 0 |
Verizon Communications | COM | 92343v104 | 5,024 | 99,799 | SH | | SOLE | | 99,799 | 0 | 0 |
Virginia Commerce Banccorp Inc. | COM | 92778Q109 | 251 | 18,000 | SH | | SOLE | | 18,000 | 0 | 0 |
Vodaphone Group ADR | COM | 92857W209 | 7,200 | 250,483 | SH | | SOLE | | 250,483 | 0 | 0 |
WPX Energy, Inc. | COM | 98212B103 | 1,672 | 88,256 | SH | | SOLE | | 88,256 | 0 | 0 |
Wal-Mart Stores Inc. | COM | 931142103 | 484 | 6,500 | SH | | SOLE | | 6,500 | 0 | 0 |
Walgreen Company | COM | 931422109 | 265 | 6,000 | SH | | SOLE | | 6,000 | 0 | 0 |
Weight Watchers Int'l. | COM | 948626106 | 3,060 | 66,526 | SH | | SOLE | | 66,526 | 0 | 0 |
Wellpoint Inc. | COM | 94973V107 | 13,354 | 163,177 | SH | | SOLE | | 163,177 | 0 | 0 |
Wells Fargo & Co. | COM | 949746101 | 635 | 15,381 | SH | | SOLE | | 15,381 | 0 | 0 |
Wells Fargo & Co. Pfd A | PFD | 949746804 | 5,022 | 4,206 | SH | | SOLE | | 4,206 | 0 | 0 |
Westar Energy Inc. | COM | 95709T100 | 3,472 | 108,635 | SH | | SOLE | | 108,635 | 0 | 0 |
Western Union Co. | COM | 959802109 | 7,527 | 439,910 | SH | | SOLE | | 439,910 | 0 | 0 |
Wisdom Tree Emerging Markets Local Debt | COM | 97717X867 | 5,493 | 114,351 | SH | | SOLE | | 114,351 | 0 | 0 |
Wisdom Tree Japan Hedged Equity Index | COM | 97717W851 | 1,656 | 36,305 | SH | | SOLE | | 36,305 | 0 | 0 |
Wisdom Tree Small Cap | COM | 97717W562 | 8,380 | 125,426 | SH | | SOLE | | 125,426 | 0 | 0 |
WisdomTree Emerging Markets | COM | 97717W315 | 12,614 | 261,000 | SH | | SOLE | | 261,000 | 0 | 0 |
Xcel Energy Inc. | COM | 98389B100 | 1,747 | 61,630 | SH | | SOLE | | 61,630 | 0 | 0 |
iShares Barclay 1-3 Year Credit Bond | COM | 464288646 | 296 | 2,820 | SH | | SOLE | | 2,820 | 0 | 0 |
iShares TR iBoxx High Yield Corp Bd | COM | 464288513 | 229 | 2,516 | SH | | SOLE | | 2,516 | 0 | 0 |