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 | 15,481 | 110,378 | SH | | SOLE | | 110,378 | 0 | 0 |
AES Trust III | PFD | 00808N202 | 1,739 | 34,663 | SH | | SOLE | | 34,663 | 0 | 0 |
AGL Resources | COM | 001204106 | 842 | 17,825 | SH | | SOLE | | 17,825 | 0 | 0 |
AT&T Inc. | COM | 00206R102 | 521 | 14,817 | SH | | SOLE | | 14,817 | 0 | 0 |
Aflac Inc. | COM | 001055102 | 13,421 | 200,917 | SH | | SOLE | | 200,917 | 0 | 0 |
Amer Electric Power Co. | COM | 025537101 | 2,665 | 57,009 | SH | | SOLE | | 57,009 | 0 | 0 |
American Express Co. | COM | 025816109 | 9,712 | 107,045 | SH | | SOLE | | 107,045 | 0 | 0 |
American Intl. Group Inc. | COM | 026874784 | 10,566 | 206,972 | SH | | SOLE | | 206,972 | 0 | 0 |
Amerigas Partners LP | COM | 030975106 | 4,567 | 102,475 | SH | | SOLE | | 102,475 | 0 | 0 |
Apple Computer Inc. | COM | 037833100 | 13,966 | 24,894 | SH | | SOLE | | 24,894 | 0 | 0 |
ArcelorMittal | PFD | L0302D178 | 9,457 | 363,725 | SH | | SOLE | | 363,725 | 0 | 0 |
Ares Capital Corporation | COM | 04010L103 | 9,490 | 534,064 | SH | | SOLE | | 534,064 | 0 | 0 |
Atmos Energy Corp. | COM | 049560105 | 2,225 | 48,977 | SH | | SOLE | | 48,977 | 0 | 0 |
Automatic Data Process. | COM | 053015103 | 9,580 | 118,566 | SH | | SOLE | | 118,566 | 0 | 0 |
BCE Inc. | COM | 05534B760 | 813 | 18,777 | SH | | SOLE | | 18,777 | 0 | 0 |
Bank of America Corp. Preferred L | PFD | 060505682 | 3,614 | 3,406 | SH | | SOLE | | 3,406 | 0 | 0 |
Bank of New York | COM | 064058100 | 572 | 16,358 | SH | | SOLE | | 16,358 | 0 | 0 |
Berkshire Hathaway Inc. - A | COM | 084670108 | 356 | 2 | SH | | SOLE | | 2 | 0 | 0 |
Berkshire Hathaway Inc. - B | COM | 084670702 | 22,656 | 191,092 | SH | | SOLE | | 191,092 | 0 | 0 |
BioMed Realty Trust Inc. | COM | 09063H107 | 1,188 | 65,585 | SH | | SOLE | | 65,585 | 0 | 0 |
Biogen Idec Inc. | COM | 09062X103 | 301 | 1,075 | SH | | SOLE | | 1,075 | 0 | 0 |
Black Rock Build America Bond Trust | COM | 09248X100 | 498 | 26,000 | SH | | SOLE | | 26,000 | 0 | 0 |
Boardwalk Pipeline Partners, LP | COM | 096627104 | 249 | 9,750 | SH | | SOLE | | 9,750 | 0 | 0 |
Buckeye Partners LP | COM | 118230101 | 1,482 | 20,865 | SH | | SOLE | | 20,865 | 0 | 0 |
CSX Corp. | COM | 126408103 | 224 | 7,779 | SH | | SOLE | | 7,779 | 0 | 0 |
CVS Corp. Del | COM | 126650100 | 202 | 2,818 | SH | | SOLE | | 2,818 | 0 | 0 |
Capital One Financial | COM | 14040H105 | 4,862 | 63,458 | SH | | SOLE | | 63,458 | 0 | 0 |
Carlyle Group LP | COM | 14309L102 | 7,310 | 205,225 | SH | | SOLE | | 205,225 | 0 | 0 |
CenterPoint Energy | COM | 15189T107 | 772 | 33,289 | SH | | SOLE | | 33,289 | 0 | 0 |
Chevrontexaco Corp. | COM | 166764100 | 1,169 | 9,355 | SH | | SOLE | | 9,355 | 0 | 0 |
Cigna Corp. | COM | 125509109 | 609 | 6,967 | SH | | SOLE | | 6,967 | 0 | 0 |
Cisco Systems Inc. | COM | 17275r102 | 10,459 | 466,309 | SH | | SOLE | | 466,309 | 0 | 0 |
Coca Cola Company | COM | 191216100 | 322 | 7,800 | SH | | SOLE | | 7,800 | 0 | 0 |
CommonWealth Reit Pref D | PFD | 203233408 | 1,625 | 79,227 | SH | | SOLE | | 79,227 | 0 | 0 |
Commonwealth Reit Preferred E | PFD | 203233606 | 1,750 | 80,266 | SH | | SOLE | | 80,266 | 0 | 0 |
Compass Minerals International | COM | 20451N101 | 4,982 | 62,239 | SH | | SOLE | | 62,239 | 0 | 0 |
ConocoPhillips | COM | 20825C104 | 424 | 5,999 | SH | | SOLE | | 5,999 | 0 | 0 |
Cross Timbers Royalty Trust | COM | 22757R109 | 626 | 21,290 | SH | | SOLE | | 21,290 | 0 | 0 |
Danaher Corp. Del | COM | 235851102 | 827 | 10,716 | SH | | SOLE | | 10,716 | 0 | 0 |
Devon Energy Corp. | COM | 25179M103 | 8,256 | 133,440 | SH | | SOLE | | 133,440 | 0 | 0 |
Dominion Resources Inc. | COM | 25746U109 | 3,698 | 57,159 | SH | | SOLE | | 57,159 | 0 | 0 |
Duke Energy Corp. | COM | 26441C204 | 2,616 | 37,906 | SH | | SOLE | | 37,906 | 0 | 0 |
Enbridge Energy Mgmt | COM | 29250X103 | 5,559 | 193,831 | SH | | SOLE | | 193,831 | 0 | 0 |
Enbridge Energy Ptrs. LP | COM | 29250R106 | 1,364 | 45,668 | SH | | SOLE | | 45,668 | 0 | 0 |
Energy Transfer Equity L.P. | COM | 29273V100 | 1,683 | 20,595 | SH | | SOLE | | 20,595 | 0 | 0 |
Energy Transfer Partners | COM | 29273R109 | 6,735 | 117,649 | SH | | SOLE | | 117,649 | 0 | 0 |
Enerplus Corporation | COM | 292766102 | 2,087 | 114,789 | SH | | SOLE | | 114,789 | 0 | 0 |
Enterprise Products Pptns Lp | COM | 293792107 | 4,831 | 72,872 | SH | | SOLE | | 72,872 | 0 | 0 |
Express Scripts Holding Company | COM | 30219G108 | 7,396 | 105,297 | SH | | SOLE | | 105,297 | 0 | 0 |
ExxonMobil Corp. | COM | 30231G102 | 10,351 | 102,281 | SH | | SOLE | | 102,281 | 0 | 0 |
Felcor Lodging Trust Inc. Pfd. A | PFD | 31430F200 | 4,529 | 186,769 | SH | | SOLE | | 186,769 | 0 | 0 |
Felcor Lodging Trust Inc. Pfd. C | PFD | 31430F507 | 1,398 | 57,232 | SH | | SOLE | | 57,232 | 0 | 0 |
General Dynamics Corp. | COM | 369550108 | 7,314 | 76,542 | SH | | SOLE | | 76,542 | 0 | 0 |
General Electric Co. | COM | 369604103 | 17,348 | 618,918 | SH | | SOLE | | 618,918 | 0 | 0 |
General Motors Co. | COM | 37045V100 | 8,253 | 201,944 | SH | | SOLE | | 201,944 | 0 | 0 |
Gilead Sciences Inc. | COM | 375558103 | 760 | 10,115 | SH | | SOLE | | 10,115 | 0 | 0 |
Google Inc. Cl A | COM | 38259p508 | 13,654 | 12,183 | SH | | SOLE | | 12,183 | 0 | 0 |
Health Care Property Investors | COM | 40414L109 | 4,366 | 120,205 | SH | | SOLE | | 120,205 | 0 | 0 |
Health Care REIT Inc. | COM | 42217K106 | 1,367 | 25,525 | SH | | SOLE | | 25,525 | 0 | 0 |
Horsehead Holding Corp. | COM | 440694305 | 2,423 | 149,450 | SH | | SOLE | | 149,450 | 0 | 0 |
Intel Corp. | COM | 458140100 | 11,676 | 449,847 | SH | | SOLE | | 449,847 | 0 | 0 |
International Business Machines Corp. | COM | 459200101 | 398 | 2,120 | SH | | SOLE | | 2,120 | 0 | 0 |
Ishares Emerging Markets Fund | COM | 464287234 | 433 | 10,367 | SH | | SOLE | | 10,367 | 0 | 0 |
JP Morgan Chase & Co. | COM | 46625H100 | 243 | 4,155 | SH | | SOLE | | 4,155 | 0 | 0 |
Johnson & Johnson | COM | 478160104 | 16,468 | 179,797 | SH | | SOLE | | 179,797 | 0 | 0 |
Johnson Controls Inc. | COM | 478366107 | 19,503 | 380,167 | SH | | SOLE | | 380,167 | 0 | 0 |
Kinder Morgan Energy Ptrs. | COM | 494550106 | 4,144 | 51,379 | SH | | SOLE | | 51,379 | 0 | 0 |
Kinder Morgan Mgmt. | COM | 49455U100 | 11,162 | 147,528 | SH | | SOLE | | 147,528 | 0 | 0 |
Kohls | COM | 500255104 | 11,349 | 199,984 | SH | | SOLE | | 199,984 | 0 | 0 |
Linn Energy, LLC | COM | 536020100 | 329 | 10,700 | SH | | SOLE | | 10,700 | 0 | 0 |
Lowe's Companies Inc. | COM | 548661107 | 20,313 | 409,954 | SH | | SOLE | | 409,954 | 0 | 0 |
Macquarie Infrastructure Company | COM | 55608B105 | 272 | 5,000 | SH | | SOLE | | 5,000 | 0 | 0 |
Magellan Midstream Partners LP COM | COM | 559080106 | 525 | 8,300 | SH | | SOLE | | 8,300 | 0 | 0 |
Markel Corp. | COM | 570535104 | 461 | 795 | SH | | SOLE | | 795 | 0 | 0 |
Merck & Co. Inc. NewCom | COM | 58933Y105 | 204 | 4,080 | SH | | SOLE | | 4,080 | 0 | 0 |
Methanex Corp. | COM | 59151K108 | 1,539 | 25,987 | SH | | SOLE | | 25,987 | 0 | 0 |
Microsoft Corp. | COM | 594918104 | 16,558 | 442,599 | SH | | SOLE | | 442,599 | 0 | 0 |
National Grid PLC ADR | COM | 636274300 | 8,283 | 126,802 | SH | | SOLE | | 126,802 | 0 | 0 |
National Oilwell Varco, Inc. | COM | 637071101 | 9,995 | 125,682 | SH | | SOLE | | 125,682 | 0 | 0 |
Nextera Energy Corp | COM | 65339F101 | 4,958 | 57,910 | SH | | SOLE | | 57,910 | 0 | 0 |
Noble Corp. | COM | G65431101 | 4,398 | 117,372 | SH | | SOLE | | 117,372 | 0 | 0 |
Norfolk Southern Corp. | COM | 655844108 | 279 | 3,007 | SH | | SOLE | | 3,007 | 0 | 0 |
Northeast Utilities | COM | 664397106 | 1,127 | 26,590 | SH | | SOLE | | 26,590 | 0 | 0 |
Novartis AG ADR | COM | 66987V109 | 20,183 | 251,100 | SH | | SOLE | | 251,100 | 0 | 0 |
Nuveen Floating Rate Income Fund | COM | 67072T108 | 969 | 81,292 | SH | | SOLE | | 81,292 | 0 | 0 |
O'Reilly Automotive, Inc. | COM | 67103H107 | 212 | 1,650 | SH | | SOLE | | 1,650 | 0 | 0 |
Oneok Inc. | COM | 682680103 | 740 | 11,903 | SH | | SOLE | | 11,903 | 0 | 0 |
Orange ADR | COM | 684060106 | 3,844 | 311,281 | SH | | SOLE | | 311,281 | 0 | 0 |
PNC Financial Services Group | COM | 693475105 | 11,476 | 147,927 | SH | | SOLE | | 147,927 | 0 | 0 |
PPL Corp. | COM | 69351T106 | 900 | 29,902 | SH | | SOLE | | 29,902 | 0 | 0 |
Pembina Pipeline Corp. | COM | 706327103 | 5,828 | 165,438 | SH | | SOLE | | 165,438 | 0 | 0 |
Pepsico Inc. | COM | 713448108 | 643 | 7,750 | SH | | SOLE | | 7,750 | 0 | 0 |
Pfizer Inc. | COM | 717081103 | 13,237 | 432,155 | SH | | SOLE | | 432,155 | 0 | 0 |
Philip Morris International | COM | 718172109 | 289 | 3,314 | SH | | SOLE | | 3,314 | 0 | 0 |
Phillips 66 | COM | 718546104 | 219 | 2,841 | SH | | SOLE | | 2,841 | 0 | 0 |
Plains All American Pipeline Lp | COM | 726503105 | 469 | 9,050 | SH | | SOLE | | 9,050 | 0 | 0 |
Potomac Electric Pwr Co. | COM | 713291102 | 336 | 17,564 | SH | | SOLE | | 17,564 | 0 | 0 |
Qualcomm Inc. | COM | 747525103 | 204 | 2,753 | SH | | SOLE | | 2,753 | 0 | 0 |
Realty Income Corp | COM | 756109104 | 3,754 | 100,564 | SH | | SOLE | | 100,564 | 0 | 0 |
Rogers Communications Inc. | COM | 775109200 | 7,771 | 171,735 | SH | | SOLE | | 171,735 | 0 | 0 |
Royal Dutch Shell B | COM | 780259107 | 255 | 3,391 | SH | | SOLE | | 3,391 | 0 | 0 |
SPDR Barclays Capital High Yield Bond | COM | 78464A417 | 1,310 | 32,305 | SH | | SOLE | | 32,305 | 0 | 0 |
Sanofi-Aventis SA | COM | 80105N105 | 1,201 | 22,395 | SH | | SOLE | | 22,395 | 0 | 0 |
Schlumberger Ltd. | COM | 806857108 | 284 | 3,152 | SH | | SOLE | | 3,152 | 0 | 0 |
Spectra Energy | COM | 847560109 | 9,488 | 266,365 | SH | | SOLE | | 266,365 | 0 | 0 |
TC Pipelines LP | COM | 87233Q108 | 555 | 11,452 | SH | | SOLE | | 11,452 | 0 | 0 |
Thermo Fisher Scientific Inc. | COM | 883556102 | 10,693 | 96,032 | SH | | SOLE | | 96,032 | 0 | 0 |
Tupperware Corp. | COM | 899896104 | 10,622 | 112,366 | SH | | SOLE | | 112,366 | 0 | 0 |
United Parcel Service - B | COM | 911312106 | 11,764 | 111,952 | SH | | SOLE | | 111,952 | 0 | 0 |
United Technologies Corp. Preferred A | PFD | 913017117 | 3,058 | 46,715 | SH | | SOLE | | 46,715 | 0 | 0 |
Vanguard Emerging Markets Stock ETF | COM | 922042858 | 213 | 5,167 | SH | | SOLE | | 5,167 | 0 | 0 |
Vodaphone Group ADR | COM | 92857W209 | 10,120 | 257,440 | SH | | SOLE | | 257,440 | 0 | 0 |
WPX Energy, Inc. | COM | 98212B103 | 536 | 26,300 | SH | | SOLE | | 26,300 | 0 | 0 |
Wal-Mart Stores Inc. | COM | 931142103 | 621 | 7,891 | SH | | SOLE | | 7,891 | 0 | 0 |
Walgreen Company | COM | 931422109 | 345 | 6,000 | SH | | SOLE | | 6,000 | 0 | 0 |
Wellpoint Inc. | COM | 94973V107 | 14,140 | 153,043 | SH | | SOLE | | 153,043 | 0 | 0 |
Wells Fargo & Co. | COM | 949746101 | 646 | 14,233 | SH | | SOLE | | 14,233 | 0 | 0 |
Wells Fargo & Co. Pfd A | PFD | 949746804 | 4,592 | 4,137 | SH | | SOLE | | 4,137 | 0 | 0 |
Westar Energy Inc. | COM | 95709T100 | 3,394 | 105,495 | SH | | SOLE | | 105,495 | 0 | 0 |
Western Asset High Income | COM | 95766K109 | 3,841 | 647,660 | SH | | SOLE | | 647,660 | 0 | 0 |
Western Union Co. | COM | 959802109 | 8,887 | 515,213 | SH | | SOLE | | 515,213 | 0 | 0 |
Weyerhaeuser Co. 6.375% Man. Conv. Pfd A | PFD | 962166872 | 3,462 | 61,775 | SH | | SOLE | | 61,775 | 0 | 0 |
Wisdom Tree Emerging Markets Local Debt | COM | 97717X867 | 5,282 | 114,780 | SH | | SOLE | | 114,780 | 0 | 0 |
Wisdom Tree Japan Hedged Equity Index | COM | 97717W851 | 3,025 | 59,510 | SH | | SOLE | | 59,510 | 0 | 0 |
Wisdom Tree Small Cap | COM | 97717W562 | 10,005 | 122,565 | SH | | SOLE | | 122,565 | 0 | 0 |
WisdomTree Emerging Markets | COM | 97717W315 | 6,686 | 131,026 | SH | | SOLE | | 131,026 | 0 | 0 |
Xcel Energy Inc. | COM | 98389B100 | 1,672 | 59,836 | SH | | SOLE | | 59,836 | 0 | 0 |
iShares Barclay 1-3 Year Credit Bond | COM | 464288646 | 297 | 2,820 | SH | | SOLE | | 2,820 | 0 | 0 |