| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| HD SUPPLY - 11.50% - 07/15/202 | 29,391 | 28,625 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALLY FINL INC 8.5% 12/31/2049 | 31,962 | 32,255 |
| ALTRIA GROUP INC | 11,032 | 24,634 |
| AMER INTERNATIONAL GROUP INC | 5,259 | 8,402 |
| AMERIPRISE FINANCIAL INC | 3,003 | 6,613 |
| ANTHEM INC | 4,101 | 6,284 |
| ARES CAPITAL CORPORATION - CLO | 9,957 | 10,537 |
| AT&T, INC | 20,889 | 20,994 |
| AVNET INC. | 5,547 | 8,604 |
| AXIALL CORPORATION | 7,432 | 7,432 |
| BARD C R INC. | 4,378 | 8,331 |
| BGC PARTNERS INC | 16,945 | 33,854 |
| CAPITAL PRODUCT PARTNERS UNITS | 13,304 | 15,800 |
| CARDINAL HEALTH INC. | 5,265 | 10,091 |
| CINEMARK HOLDINGS INC | 7,312 | 8,895 |
| COUNTRYWIDE CAP V | 6,134 | 12,875 |
| DANA HOLDING CP | 2,778 | 3,261 |
| DIRECTV GROUP | 3,901 | 6,503 |
| DOW CHEMICAL PV | 4,452 | 6,842 |
| FLY LEASING LTD | 24,395 | 24,655 |
| GENERAL MOTORS | 8,044 | 6,982 |
| GOLUB CAPITAL BDC, INC | 16,659 | 16,585 |
| GOOGLE INC CL A | 773 | 2,653 |
| GOOGLE INC CL C | 3,353 | 5,264 |
| HALLIBURTON COMPANY | 4,544 | 2,950 |
| HERCULES TECHNOLOGY GROWTH | 16,600 | 17,856 |
| HOME LOAN SERVICING SOLUTIONS, | 22,168 | 20,496 |
| INTEL CORP | 13,892 | 19,960 |
| JP MORGAN CHASE & CO | 6,322 | 9,387 |
| JUST ENERGY GROUP INC | 25,263 | 17,128 |
| KINDER MORGAN INC | 7,503 | 26,147 |
| LINCOLN NATIONAL CORP | 4,377 | 8,651 |
| LOWES COMPANIES INC. | 4,539 | 10,320 |
| MACQUIRE INFRASTRUCTURE CO LLC | 22,525 | 26,658 |
| MEDICAL PROPERTIES TRUST, INC | 7,211 | 18,259 |
| METLIFE INC. | 28,111 | 31,101 |
| NAVIOS MARITIME PARTNRS LP | 13,518 | 8,136 |
| NEW MOUNTAIN FINANCE | 16,823 | 16,808 |
| ORACLE CORP | 6,638 | 7,870 |
| OWENS CORNING | 6,176 | 7,162 |
| PEOPLE'S UNITED FINANCIAL, INC | 14,752 | 17,837 |
| RAIT FINANCIAL TRUST | 15,858 | 14,190 |
| RAYTHEON CO. | 2,576 | 5,409 |
| ROYAL BK OF SCOT PFD SER T - 7 | 13,557 | 14,014 |
| ROYAL CARRIBEAN CRUISE | 2,456 | 8,243 |
| SENIOR HOUSING PPTYS TR REIT | 20,394 | 19,899 |
| SIX FLAGS ENTERTAINMENT CORPOR | 18,695 | 21,574 |
| SPDR BARCLAYS SHORT TERM HIGH | 10,784 | 10,119 |
| SPDR S&P 500 ETF TRUST | 5,146 | 5,139 |
| SUNTRUST BKS INC | 5,545 | 8,380 |
| TEEKAY OFFSHORE PARTNERS LP | 13,370 | 16,074 |
| VALERO ENERGY CORP | 5,299 | 8,663 |
| VERIZON COMMUNICATIONS | 5,296 | 5,193 |
| VODAFONE GROUP PLC | 12,319 | 7,893 |
| WAL-MART STORES INC. | 8,517 | 10,735 |
| WALGREEN BOOTS ALLIANCE INC | 4,097 | 9,525 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ATLAS ENERGY LP | 15,544 | 13,239 | |
| BREITBURN ENERGY PARTNERS, L.P | 12,659 | 8,925 | |
| EMERGE ENERGY SERVICES LP | 13,623 | 21,600 | |
| ENBRIDGE ENERGY PARTNERS LP | 19,950 | ||
| ENERGY TRANSFER EQUITY LP | 3,387 | 34,428 | |
| ENERGY TRANSFER PARTNERS LP | 7,215 | 14,625 | |
| MARTIN MIDSTREAM PARTNERS L.P. | 9,713 | 12,096 | |
| REGENCY ENERGY PARTNERS LP | 4,022 | 20,400 | |
| WILLIAMS PARTNERS L.P. | 18,002 | 19,019 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 10,266 | 10,266 | ||
| Bank Charges | 171 | 171 | ||
| K-1 Exp ATLAS ENERGY LP | 387 | |||
| K-1 Exp BREITBURN ENERGY PARTN | 5,163 | |||
| K-1 Exp EMERGE ENERGY SERVICES | 3 | 2 | ||
| K-1 Exp ENERGY TRANSFER EQUITY | 10 | 9 | ||
| K-1 Exp ENERGY TRANSFER PARTNE | 56 | 53 | ||
| K-1 Exp MARTIN MIDSTREAM PARTN | 28 | 1 | ||
| K-1 Exp NISKA GAS STORAGE LLC | 6 | 6 | ||
| K-1 Exp REGENCY ENERGY PARTNER | 22 | 4 | ||
| K-1 Exp WILLIAMS PARTNERS L.P. | 4 | 1 | ||
| State or Local Filing Fees | 25 | 25 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| K-1 Inc/Loss ATLAS ENERGY LP | -1,079 | 17 | |
| K-1 Inc/Loss BOARDWALK PIPELINE PARTNERS LP | -36 | 1 | |
| K-1 Inc/Loss BREITBURN ENERGY PARTNERS, L.P | 1,707 | ||
| K-1 Inc/Loss EMERGE ENERGY SERVICES LP | 291 | 4 | |
| K-1 Inc/Loss ENERGY TRANSFER EQUITY LP | -119 | 122 | |
| K-1 Inc/Loss ENERGY TRANSFER PARTNERS LP | 105 | 193 | |
| K-1 Inc/Loss MARTIN MIDSTREAM PARTNERS L.P. | -1,016 | 68 | |
| K-1 Inc/Loss NISKA GAS STORAGE LLC | -1,548 | -244 | |
| K-1 Inc/Loss REGENCY ENERGY PARTNERS LP | -1,864 | 97 | |
| K-1 Inc/Loss STONEMOR PARTNERS LP | 42 | 29 | |
| K-1 Inc/Loss WILLIAMS PARTNERS L.P. | -2,813 | -5 | |
| 751 Gain on Sale BOARDWALK PIPELINE PARTNERS LP | 2,018 | ||
| 751 Gain on Sale ENERGY TRANSFER EQUITY LP | 1,995 | ||
| 751 Gain on Sale NISKA GAS STORAGE LLC | 1,711 | ||
| 751 Gain on Sale STONEMOR PARTNERS LP | 291 | ||
| Federal Tax Refund | 58 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 7,809 | 7,809 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2014 | 1,300 | |||
| Foreign Tax Paid | 493 | 493 |