| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SACKS PRESS & LACHER | 5,635 | 5,635 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EVERBANK FINANCIAL CORP - 10558 SHS | 51,246 | 212,849 |
| 3M CO - 258 SHS | 32,309 | 36,956 |
| ABBOTT LABS - 868 SHS | 30,968 | 35,501 |
| AFLAC INC - 530 SHS | 34,361 | 32,993 |
| AIR PROD & CHEMICAL INC - 285 SHS | 32,863 | 36,657 |
| APPLE INC - 441 SHS | 31,756 | 40,982 |
| ASTRAZENECA PLC SPON - 515 SHS | 28,619 | 38,270 |
| BANK OF NOVA SCOTIA - 345 SHS | 20,016 | 22,977 |
| BOEING COMPANY - 274 SHS | 33,288 | 34,861 |
| BRITISH AMER TOBACCO PLC - 320 SHS | 34,194 | 38,106 |
| CHEVRON CORP - 297 SHS | 35,662 | 38,773 |
| CLOROX CO - 392 SHS | 33,107 | 35,829 |
| COCA COLA CO COM - 895 SHS | 34,430 | 37,912 |
| COLGATE PALMOLIVE CO - 539 SHS | 33,027 | 36,749 |
| CSX CORPORATION - 1178 SHS | 31,919 | 36,294 |
| DIAGEO PLC NEW - 281 SHS | 35,185 | 35,763 |
| DU PONT DE NEMOURS - 514 SHS | 31,879 | 33,636 |
| EMERSON ELECTRIC CO - 536 SHS | 34,643 | 35,569 |
| GENL MILLS INC - 670 SHS | 33,219 | 35,202 |
| GOOGLE INC CL A - 28 SHS | 13,305 | 16,371 |
| GOOGLE INC CL C - 28 SHS | 13,264 | 16,108 |
| HOME DEPOT INC - 427 SHS | 33,233 | 34,570 |
| ILLINOIS TOOL WORKS INC - 416 SHS | 32,811 | 36,425 |
| INTEL CORP - 1375 SHS | 33,041 | 42,488 |
| INTL BUSINESS MACH - 184 SHS | 34,787 | 33,354 |
| JOHNSON & JOHNSON COM - 365 SHS | 32,778 | 38,186 |
| MCDONALDS CORP - 349 SHS | 34,283 | 35,158 |
| MEDTRONIC INC - 575 SHS | 31,816 | 36,662 |
| MICROSOFT CORP - 895 SHS | 30,994 | 37,321 |
| NEXTERA ENERGY INC COM - 369 SHS | 31,268 | 37,815 |
| NORDSTROM INC - 551 SHS | 34,356 | 37,429 |
| NORTHEAST UTILITIES - 777 SHS | 34,398 | 36,729 |
| NOVARTIS AG SPON ADR - 413 SHS | 34,324 | 37,389 |
| OCCIDENTAL PETROLEUM CRP - 355 SHS | 34,320 | 36,434 |
| OMNICOM GROUP INC - 309 SHS | 20,005 | 22,007 |
| PROCTER & GAMBLE CO - 431 SHS | 33,860 | 33,872 |
| SANOFI SPON ADR - 679 SHS | 34,455 | 36,102 |
| STANLEY BLACK & DECKER - 427 SHS | 34,317 | 37,499 |
| TEVA PHARMACEUTICALS IND - 707 SHS | 34,381 | 37,061 |
| TOTAL S.A. FRANCE SPON - 531 SHS | 32,276 | 38,338 |
| UNILEVER PLC AMER SHS - 865 SHS | 34,311 | 39,193 |
| UNITED PARCEL SERVICE - 349 SHS | 32,830 | 35,828 |
| UNTD TECHNOLOGIES CORP - 296 SHS | 33,265 | 34,173 |
| VF CORP - 557 SHS | 34,438 | 35,091 |
| NEUBERGER BERMAN ABS - 22583.559 SHS | 250,000 | 251,355 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BROOKSIDE CAPITAL PARTNERS | FMV | 3,196,655 | 3,196,655 |
| SC FUNDAMENTAL VALUE FUND | FMV | 2,900,200 | 2,900,200 |
| RAIL SPLITTER FUND | FMV | 3,703,095 | 3,703,095 |
| NSV EXTENSION FUND II LP | FMV | 1,793,474 | 1,793,474 |
| NSV OPPORTUNITY FUND LP | FMV | 1,235,597 | 1,235,597 |
| ISLAND TENNIS LP - NOTE | AT COST | 187,160 | 187,160 |
| MITHRIL LP | FMV | 204,260 | 204,260 |
| AMERICAN BEACON SIM HY - 19731.882 SHS | AT COST | 202,266 | 204,817 |
| JP MORGAN HY - 25153.72 SHS | AT COST | 202,742 | 204,500 |
| OPPENHEIMER SR FLOATING - 23957.723 SHS | AT COST | 201,720 | 201,724 |
| THIRD AVENUE FOCUSED - 22000.784 SHS | AT COST | 258,315 | 266,210 |
| VIRTUS SENIOR FLOATING RATE - 20378.302 SHS | AT COST | 201,537 | 201,541 |
| KINDER MORGAN ENERGY PARTNERS | FMV | 32,841 | 37,734 |
| PLAINS ALL AMER PIPELINE | FMV | 33,153 | 38,913 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 895 | 895 | 0 | |
| FILING FEES | 750 | 750 | 0 | |
| K-1 PASS THRU DEDUCTIONS | 175,750 | 175,122 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SC FUNDAMENTAL VALUE K-1 | 29,278 | 29,278 | 29,278 |
| KINDER MORGAN ENERGY PARTNERS K-1 | -1,398 | -1,398 | -1,398 |
| PLAINS ALL AMERICAN PIPELINE | -227 | -227 | -227 |
| Description | Amount |
|---|---|
| UNREALIZED APPRECIATION FROM PARTNERSHIP INVESTMENTS | 1,605,529 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TRESS CAPITOL ADVISORS | 20,000 | 0 | 20,000 | |
| UBS | 14,645 | 14,645 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES WITHHELD | 2,535 | 2,504 | 0 | |
| FEDERAL 990PF | 12,736 | 0 | 0 |