| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| HEGAR & CRAWFORD TAX | 4,500 | 4,500 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FORD MOTOR CREDIT COMPANY GLOBAL NOTES | 11,043 | 10,451 |
| GENERAL ELECTRIC CAP CORP SR | 26,002 | 27,298 |
| GENERAL MOTORS ACCEPT CORP-STEP COUPON NOTE | 14,873 | 15,033 |
| GOLDMAN SACHS GROUP IN SR | 35,300 | 36,925 |
| SIMON PROPERTY GROUP INC | 14,408 | 18,277 |
| THE DOW CHEMICAL CO INTERNOTES MEDIUM TERM NOTE | 10,000 | 10,025 |
| VERIZON COMMUNICATIONS BDS | 20,053 | 24,019 |
| WINDSTREAM CORP SENIOR NOTES | 10,560 | 10,263 |
| ISHAES IBOXX $ HIGH YIELD CORP BD FD | 33,275 | 34,166 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALPS ALERIAN MLP ETF | 37,213 | 36,813 |
| AMERICAN REALTY CAPITAL PROPERTIES INC | 5,334 | 5,296 |
| CENTRAL GARDEN & PET CO | 5,357 | 5,010 |
| CHEVRON CORPORATION | 8,369 | 43,256 |
| CLEARBRIDGE ENERGY MLP FD INC | 17,832 | 20,059 |
| DISH NETWORK CORP CLASS A | 6,265 | 7,280 |
| DOUBLELINE TOTAL RETURN | 32,251 | 32,509 |
| ECOLAB INC | 4,211 | 14,380 |
| FIRST EAGLE GLOBAL FD CLASS I | 47,881 | 49,405 |
| GENERAL ELECTRIC CO | 16,892 | 12,594 |
| GREEN MOUNTAIN COFFEE ROASTER INC | 5,722 | 6,201 |
| ISHARES IBOXX $ YEILD ETF CORPORATE BOND FD | 14,695 | 14,003 |
| LEHMAN BROTHERS HOLDINGS INC ESCROW | ||
| NATIONAL HEALTH INVS INC | 12,445 | 26,852 |
| NESTLE S A REG ADR | 8,855 | 13,034 |
| PETSMART INC | 7,013 | 17,085 |
| PFIZER INCORPORATED | 7,917 | 7,524 |
| POWERSHARES EM MAR ETF | 14,189 | 16,509 |
| PROCTOR & GAMBLE CO. | 11,148 | 13,578 |
| SOUTH JERSEY IND INC | 6,901 | 10,066 |
| UNIVERSAL HEALTH SERVICES INC CLASS B | 7,362 | 8,461 |
| VANGUARD NATURAL RESRCES LLC | 6,688 | 10,400 |
| VEOLIA ENVIRONMENT SPONSORED ADR | 7,734 | 3,672 |
| LORD ABBETT SHORT | 32,255 | 32,802 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ABERDEEN ASIA PACIFIC INCOME FD INC | 7,548 | 11,610 | |
| ABERDEEN ASIA PACIFIC INCOME FD INC | 3,346 | 3,870 | |
| ABERDEEN ASIA PACIFIC INCOME FD INC | 7,511 | 7,740 | |
| BLACKROCK INCOME TR INC | 3,847 | 4,410 | |
| BLACKROCK INCOME TR INC | 2,560 | 2,940 | |
| COLUMBIA FUNDS SER TR II MASS HIGH YEILD BD FD CL A | 34,297 | 12,844 | |
| DB CONT CAP TRUST 6.55% | 12,394 | 12,835 | |
| DB CONT CAP TRUST 6.55% | 6,344 | 7,701 | |
| EATON VANCE TAX-MANAGED GLOBAL BUY-WRITE OPP FD | 15,000 | 8,018 | |
| F.P.C. CAPITAL TRUST 7.10% | 25,000 | 25,560 | |
| GLOBAL INCOME & CURRENCY FD INC | 10,170 | 9,009 | |
| GOLDMAN SACHS GRP 6.20% | 10,168 | 10,060 | |
| ISHARES RUSSELL 2000 INDEX FUND | 24,965 | 30,354 | |
| JP MORGAN U.S. LARGE CAP | 34,678 | 39,078 | |
| JPMORGAN CORE BD FD CLASS C | 53,671 | 57,613 | |
| LOOMIS SAYLES STRATEGIC INC FD CL C | 53,715 | 57,208 | |
| PIMCO FD PAC INVT MGMT SER TOTAL RETUNR FD CL A | 10,005 | 9,851 | |
| PIMCO FD PAC INVT MGMT SER TOTAL RETUNR FD CL A | 15,005 | 15,040 | |
| PIMCO FD PAC INVT MGMT SER TOTAL RETUNR FD CL A | 309 | 339 | |
| PIMCO FD PAC INVT MGMT SER TOTAL RETUNR FD CL A | 1,621 | 1,611 | |
| PIMCO TOTAL RETURN FD CL C | 53,599 | 56,304 | |
| POWERSHARES BUILD AMERICA BD PORT ETF | 29,876 | 32,871 | |
| PUTNAM PREMIER INCOME TRUST SH BEN INT | 14,851 | 12,558 | |
| TEMPLETON GLOBAL FUND | 35,218 | 34,700 | |
| VANGUARD DIVIDEND | 36,944 | 39,137 | |
| VANGUARD MSCI EMERGING MARKETS ETF | 31,313 | 32,730 | |
| VANGUARD REIT ETF | 22,946 | 29,084 | |
| VANGUARD TOTAL STOCK MARKET | 30,871 | 34,881 | |
| VORNADO REALTY TRUST 6.75% | 8,750 | 8,813 | |
| VORNADO REALTY TRUST 6.75% | 4,439 | 5,036 | |
| VORNADO REALTY TRUST 6.75% | 3,328 | 3,777 | |
| VORNADO REALTY TRUST 6.75% | 4,865 | 5,036 | |
| VORNADO REALTY TRUST 6.75% | 2,430 | 2,518 | |
| WESTERN ASSET/ CLAYMORE INFLATION-LINKED OPP & INC FD | 8,625 | 9,240 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOX ROTHSCHILD LLP LEAGL FEES | 560 | 560 |
| Description | Amount |
|---|---|
| LOSS ON SALE OF SECURITIES | 7,787 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE | 304 | 304 | ||
| INVESTMENT ADVISORY FEES | 7,041 | 7,041 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL | ||||
| FOREIGN | 142 | 142 |