| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,695 | 0 | 3,695 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES | 12,632 | 14,373 |
| ABERDEEN EQUITY LONG-SHORT FUND | 6,081 | 6,584 |
| ALCOA INC | 14,146 | 15,390 |
| ALTRIA GROUP INC | 20,898 | 24,620 |
| AMER INTL GP INC | 34,880 | 1,441 |
| AMERICAN CAPITAL LTD | 28,105 | 11,340 |
| AMGEN INC | 14,462 | 13,725 |
| AT&T INC | 25,804 | 29,380 |
| BALTIC TRADING LTD | 11,462 | 10,210 |
| BANK OF AMERICA CORP | 11,489 | 13,340 |
| BANK OF AMERICA CORP | 18,231 | 20,010 |
| BANKATLANTIC BANCORP | 1,347 | 230 |
| BLACKROCK GLOBAL ALLOCATION FUND INC | 26,554 | 26,715 |
| CISCO SYSTEMS INC | 18,395 | 20,230 |
| CITIGROUP INC | 4,734 | 4,730 |
| COLONIAL BANCGROUP INC | 19,336 | 16 |
| DU PONT EL DE NEMOURS & CO | 22,516 | 24,940 |
| FANNIE MAE | 24,830 | 150 |
| FORD MOTOR CO | 13,816 | 16,790 |
| GENERAL ELECTRIC COMPANY | 42,383 | 36,580 |
| GENERAL ELECTRIC COMPANY | 59,920 | 36,580 |
| HEALTH CARE REIT INC | 10,884 | 19,056 |
| HOME DEPOT INC | 42,739 | 35,060 |
| HOST HOTELS & RESORTS INC | 544 | 929 |
| INTEL CORP | 16,996 | 10,515 |
| INTEL CORP | 10,508 | 10,515 |
| IVY ASSET STRATEGY FUND | 26,307 | 28,269 |
| LOWES COMPANIES INC | 12,501 | 12,540 |
| MANNING & NAPIER FUND | 8,525 | 9,595 |
| MARATHON OIL CORP | 31,280 | 37,030 |
| MERCK & CO INC | 36,429 | 36,040 |
| MERCK & COMPANY INC | 5,832 | 7,208 |
| MICROSOFT CORP | 24,622 | 27,910 |
| NORDIC AMERICAN TANKER SHIPPING LTD | 15,500 | 26,020 |
| OPPENHEIMER DEVELOPING MARKETS | 3,649 | 5,060 |
| PEPSICO INC | 24,655 | 32,665 |
| PEPSICO INC | 23,502 | 32,665 |
| PERKINS SMALL CAP VALUE FUND | 6,093 | 7,512 |
| PFIZER INC | 53,556 | 26,265 |
| PFIZER INC | 21,426 | 17,510 |
| PIMCO COMMODITY REAL RETURN | 2,832 | 4,255 |
| PIMCO INVESTMENT GRADE CORPORATE | 3,693 | 3,912 |
| PIMCO TOTAL RETURN CLASS A | 27,932 | 26,367 |
| PROCTER & GAMBLE | 28,707 | 32,165 |
| QWEST COMMUNICATIONS INTL INC | 6,499 | 7,610 |
| REGIONS FINANCIAL CORP NEW | 8,226 | 7,000 |
| REPUBLIC SERVICES INC | 10,031 | 14,930 |
| RIDGEWORTH MID CAP VALUE EQUITY FUND | 8,074 | 10,764 |
| SENTINEL SMALL COMPANY FUND | 5,922 | 8,093 |
| ST JOE COMPANY | 32,180 | 16,388 |
| THE FAIRHOLME FUND | 26,437 | 27,018 |
| THE HARTFORD FLOATING RATE FUND | 34,692 | 35,241 |
| THORNBURG MORTGAGE INC | 13,880 | 0 |
| UNITED PARCEL SERVICE INC | 37,191 | 43,548 |
| VALERO ENERGY CORP | 11,815 | 11,560 |
| WINDSTREAM CORP | 10,759 | 13,940 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CENTERLINE HOLDING COMPANY | AT COST | 6,550 | 32 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL AND MANAGEMENT FEES | 26,939 | 26,939 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISCELLANEOUS | 41 | 0 | 41 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BANK AND ADVISORY FEE ADJUSTMENTS | 208 | 208 | 208 |
| Description | Amount |
|---|---|
| PRIOR PERIOD - MARKET VALUE TO COST ADJUSTMENT | 25,727 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BROKERAGE FEES | 18,869 | 18,869 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 640 | 0 | 0 |