| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX & ACCOUNTING FEES | 3,500 | 3,500 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 12,000 SH. GLOBAL PARTNERS L.P. | 328,800 | 328,800 |
| 4,976 SH. TRONOX INC. - CLASS B | 6,121 | 6,121 |
| 483 SH. TRONOX INC. - CLASS B | 584 | 584 |
| 3,445 SH. CONTANGO OIL & GAS COMPANY | 199,569 | 199,569 |
| 4,000 SH. BOARDWALK PIPELINE PARTNERS, L.P. | 124,520 | 124,520 |
| 4,000 SH. VODAFONE GROUP PLC | 105,760 | 105,760 |
| 344 SH. CONTANGO ORE, INC. | 3,612 | 3,612 |
| 8,000 SH. SEAGATE TECHNOLOGY | 120,240 | 120,240 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| POST ROAD FOCUSED FUND, L.P. | FMV | 5,936,604 | 5,936,604 |
| TOPSPIN PARTNERS LBO, L.P. | FMV | 180,343 | 180,343 |
| CORRIDOR GREENVILLE LLC | FMV | 36,670 | 36,670 |
| CORRIDOR SHIPPENSBURG I, LP | FMV | 60,928 | 60,928 |
| SKELLIG PARTNERS, L.P. | FMV | 243,880 | 243,880 |
| GROVE LAND INVESTORS L.P. | FMV | 88,905 | 88,905 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INTEREST RECEIVABLE | 496 | 113 | 113 |
| DIVIDENDS RECEIVABLE | 1,288 | ||
| FEDERAL EXCISE TAX REFUND RECEIVABLE | 16,802 | 10,292 | 10,292 |
| PARTNERSHIP DISTRIBUTIONS RECEIVABLE | 12,839 | ||
| PARTNERSHIP REDEMPTIONS RECEIVABLE | 538,022 |
| Description | Amount |
|---|---|
| NONDEDUCTIBLE LOSSES THROUGH CORRIDOR GREENVILLE LLC | 11,992 |
| NONDEDUCTIBLE LOSSES THROUGH CORRIDOR SHIPPENSBURG I, L.P. | 11,252 |
| NONDEDUCTIBLE LOSS THROUGH BOARDWALK PIPELINE PARTNERS, L.P. | 4,718 |
| NONDEDUCTIBLE LOSSES THROUGH POST ROAD FOCUSED FUND, L.P. | 35,302 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 570 | 570 | 0 | |
| PORTFOLIO DEDUCTIONS THROUGH INVESTMENT PARTNERSHIPS | 64,480 | 64,480 | 0 | |
| ROYALTY EXPENSES THROUGH PARTNERSHIP | 131 | 131 | 0 | |
| POST ROAD FOCUSED FUND, L.P. (ORDINARY LOSS PER K-1) | 5,292 | 5,292 | 0 | |
| SKELLIG PARTNERS, L.P. (ORDINARY LOSS PER K-1) | 4,876 | 4,876 | 0 | |
| POST ROAD FOCUSED FUND, L.P. (DEDUCTIBLE PTP LOSS PER K-1) | 9,640 | 9,640 | 0 | |
| POST ROAD FOCUSED FUND, L.P. (OTHER INCOME (LOSS) PER K-1) | 4,401 | 4,401 | 0 | |
| POST ROAD FOCUSED FUND, L.P. (OTHER DEDUCTIONS PER K-1) | 4,983 | 4,983 | 0 | |
| POST ROAD FOCUSED FUND, L.P. (OTHER DEDUCTIONS PER K-1) | 5,032 | 5,032 | 0 | |
| BOARDWALK PIPELINE PARTNERS, L.P. (DEDUCTIBLE PTP LOSS) | 498 | 498 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GLOBAL PARTNERS LP (ORDINARY INCOME PER K-1) | 675 | 675 | 675 |
| GLOBAL PARTNERS LP (PRIOR NONDEDUCTIBLE LOSS TO EXTENT OF INCOME) | -675 | -675 | -675 |
| POST ROAD FOCUSED FUND, L.P. (ROYALTY INCOME PER K-1) | 1,332 | 1,332 | 1,332 |
| RLR FOCUS FUND, LP (OTHER PORTFOLIO INCOME PER K-1) | 2 | 2 | 2 |
| POST ROAD FOCUSED FUND, L.P. (OTHER PORTFOLIO INCOME PER K-1) | 1,425 | 1,425 | 1,425 |
| Description | Amount |
|---|---|
| UNREALIZED APPRECIATION | 660,853 |
| GLOBAL PARTNERS LP - INCOME ADJUSTMENT DUE TO PTP LOSS | 675 |
| BOARDWALK PIPELINE PARTNERS LP - INCOME ADJUSTMENT DUE TO PTP LOSS | 498 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES WITHHELD ON DIVIDENDS | 4,557 | 4,557 | 0 | |
| PAYROLL TAXES | 4,590 | 0 | 4,590 | |
| FLORIDA FILING FEES | 236 | 0 | 236 | |
| FEDERAL EXCISE TAX | 6,510 | 0 | 0 |