| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING AND RETURN PREPARATION | 15,910 | 3,966 | 0 | 11,944 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 77 SHARES IPATH S&P 500 VIX S/T FU ETN | 20,162 | 1,548 |
| 515 SHS WILLIAMS COMPANIES | 17,389 | 14,105 |
| ATTACHED-MORGAN STANLEY 622102914188 | 250,072 | 230,516 |
| KINDER MORGAN INC | 142,068 | 52,915 |
| ATTACHED-FIRST REPUBLIC #33822 | 528,631 | 598,810 |
| PLAINS GP HOLDGS LP | 28,462 | 9,892 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CHENIERE ENERGY PTRS LP | AT COST | 7,375 | 40,758 |
| ENERGY TRANSFER PARTNERS | AT COST | 22,315 | 20,034 |
| HOLLY ENERGY PARTNERS | AT COST | 13,569 | 41,835 |
| MAGELLAN MIDSTREAM PTRS | AT COST | 5,060 | 15,493 |
| ONEOK PARTNERS LP | AT COST | 0 | 0 |
| PLAINS ALL AMERICAN LP | AT COST | 43,186 | 40,939 |
| SUNOCO LOGISTICS PTRS LP | AT COST | 34,737 | 72,141 |
| TEEKAY LNG PARTNERS LP | AT COST | 0 | 0 |
| ART WORK | AT COST | 318,061 | 318,061 |
| TESORO LOGISTICS LP | AT COST | 13,167 | 42,110 |
| 30 AMERICAN GOLD BUFFALOES | AT COST | 52,925 | 33,900 |
| ENLINK MIDSTREAM PTRS LP | AT COST | 3,366 | 9,249 |
| 500 UNITS UBS 2XMON LNG LKD ALERIA | AT COST | 26,523 | 11,105 |
| ENTERPRISE PRD PATNERS LP | AT COST | 11,689 | 13,814 |
| JP SWAP LP | AT COST | 100,618 | 100,618 |
| SHELL MIDSTREAM PTNRS LP | AT COST | 4,731 | 6,477 |
| BUCKEYE PARTNERS LP | AT COST | 1,011 | 0 |
| VARIOUS SECURITIES | AT COST | 69,984 | 69,984 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER ASSETS | 49,773 |
| Description | Amount |
|---|---|
| NONDEDUCTIBLE EXPENSE | 58 |
| NONDEDUCTIBLE LOSS | 108,528 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVISORY FEES | 10,321 | 10,321 | 0 | 0 |
| BANK CHARGES | 171 | 171 | 0 | 0 |
| STORAGE | 2,508 | 627 | 0 | 1,881 |
| OFFICE SUPPLIES | 6,551 | 0 | 0 | 6,551 |
| OFFICE EXPENSES | 3,275 | 0 | 0 | 3,275 |
| MEETINGS | 13,102 | 0 | 0 | 13,102 |
| PASSTHROUGH | 11,132 | 11,132 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| 1099-MISC EIN 76-0354719 | 9,965 | 9,965 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LIQUIDITY ACCESS LINE | 0 | 100,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 261 | 261 | 0 | 0 |
| FEDERAL EXCISE TAX | 2,762 | 0 | 0 | 0 |