| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,500 | 750 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 100 SHS. PPL CORP | 3,418 | 3,633 |
| 1000 SH LEXINGTON REALTY TRUST REIT | 11,402 | 10,980 |
| 21.183 MEDICAL PROPERTIES TRUST | 200 | 292 |
| 21.07 PFIZER INCORPORATED | 402 | 656 |
| 13.176 REALTY INCOME CORP | 440 | 629 |
| 24.331 SHS AMERICAN ELECTRIC POWER INC | 936 | 1,477 |
| 27.205 SHS VERIZON COMMUNICATIONS | 994 | 1,273 |
| 41.42 M&T CAP TR IV 8.5% | 0 | 0 |
| 33.213 SHS ISHARES S&P US PREFERRED STOCK | 1,238 | 23,664 |
| 11.401 SIMON PROPERTY GROUP | 1,283 | 2,076 |
| 67.555 SHS AT&T INC | 1,992 | 2,269 |
| 200 SHS. PPL CORP | 5,896 | 7,266 |
| 500 SHS. MORGAN STANLEY EMERGING MKTS DEBT FUND | 8,784 | 5,280 |
| 100 SHS. NUVEEN PREFERRED INCOME OPPORTUNITIES FUND | 9,990 | 9,560 |
| 1000 SH LEXINGTON REALTY TRUST REIT | 10,343 | 10,980 |
| 1000 SHS. CALAMOS STRATEGIC TOTAL RETURN FUND | 10,485 | 11,440 |
| 500 SHS REALTY INCOME CORP | 12,492 | 23,855 |
| 389 SHS SIMON PROPERTY GROUP | 11,869 | 70,841 |
| 1000 SHS MEDICAL PROPERTIES | 13,152 | 13,780 |
| 500 SHS. PPL CORP | 14,822 | 18,165 |
| 500 SHS. ALTRIA GROUP | 16,434 | 24,635 |
| 1000 SHS PFIZER INCORPORATED | 17,589 | 31,150 |
| 1000 SH VERIZON COMMUNICATIONS | 21,194 | 46,780 |
| 1000 SHS M&T CAP TR IV 8.5% | 0 | 0 |
| 600 ISHARES S&P US PREFERRED STOCK | 24,548 | 1,310 |
| 1300 CAPSTEAD MORTGAGE | 32,694 | 32,214 |
| 1,416.693 SHS LINN ENERGY LLC | 26,561 | 14,351 |
| 1000 SHS AMERICAN ELECTRIC POWER INC | 33,258 | 60,720 |
| 1000 SHS ISHARES S&P US PREFERRED STOCK | 37,334 | 39,440 |
| 2300 SHS AT&T | 59,205 | 77,257 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 350 SHS. THE SOUTHERN COMPANY | AT COST | 14,968 | 17,189 |
| 56.182 SABINE ROYALTY TRUST | AT COST | 3,607 | 2,010 |
| 2089.582 SHS ALLIANCE BERNSTEIN HLDG LP | AT COST | 12,356 | 53,974 |
| 450 THE SOUTHERN COMPANY | AT COST | 18,886 | 22,100 |
| 580 SHS KELLOGG COMPANY | AT COST | 36,916 | 37,955 |
| 2000 SHS SABINE ROYALTY | AT COST | 50,690 | 71,560 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX ON INVESTMENT INCOME | 971 | 0 | 0 | |
| INVESTMENT INTEREST EXPENSES-ALLIANCEBERNSTEIN HOLDINGS LP | 10 | 10 | 0 | |
| NYS UNRELATED BUSINESS INCOME TAX | 250 | 250 | 0 | |
| NON-DEDUCTIBLE EXPENSES-ALLIANCEBERNSTEIN | 675 | 0 | 0 | |
| NYS DEPARTMENT OF LAW-FILING FEE | 100 | 0 | 0 | |
| FEDERAL UNRELATED BUSINESS INCOME TAX | 112 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INCOME FROM PARTNERSHIP-ALLIANCE BERNSTEIN HOLDINGS | 2,094 | 2,094 | 2,094 |
| ROYALTY-SABINE TRUST | 8,425 | 8,425 | 8,425 |
| INCOME FROM PARTNERSHIP-LINN ENERGY, LLC | -2,084 | -2,084 | -2,084 |
| Description | Amount |
|---|---|