Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Winthrop Realty Trust	1,002,028	$15.38M	6.2%	$11.88	—	COM	976391300
BRK/B	Berkshire Hthwy Cl B	110,920	$14.04M	5.7%	$112.69	+12.3%	COM	084670702
AAPL	Apple Inc	104,040	$9.668M	3.9%	$17.97	+3.8%	COM	037833100
BAC	Bank of America Corp	396,918	$6.101M	2.5%	$10.39	+17.8%	COM	060505104
—	The DirecTV Group Inc	69,933	$5.945M	2.4%	$63.87	—	COM	25490A309
—	PowerShares Senior Loan	227,015	$5.646M	2.3%	$24.81	—	COM	73936Q769
—	USG Corp	182,936	$5.512M	2.2%	$25.67	—	COM	903293405
INTC	Intel Corp Com	162,120	$5.01M	2.0%	$18.40	+12.4%	COM	458140100
—	Theravance Inc	140,645	$4.188M	1.7%	$30.95	—	COM	88338T104
—	General Elec Co Com	140,411	$3.69M	1.5%	$24.98	—	COM	369604103
DIS	Disney Walt Co Com	42,435	$3.638M	1.5%	$65.75	+11.7%	COM	254687106
DVA	DaVita Healthcare Partners Inc	50,128	$3.625M	1.5%	$60.92	+14.2%	COM	23918K108
XOM	Exxon Mobil Corporation	35,773	$3.602M	1.5%	$53.87	+14.9%	COM	30231G102
CTSH	Cognizant Tech Solutions A	73,440	$3.592M	1.5%	$39.68	+8.9%	COM	192446102
—	Exco Resources Inc	598,875	$3.527M	1.4%	$5.60	—	COM	269279402
—	Google Inc Cl C	6,046	$3.478M	1.4%	$575.26	—	COM	38259P706
AMZN	Amazon.com Inc	10,322	$3.352M	1.4%	$16.19	-2.3%	COM	023135106
—	Walgreen Co	44,280	$3.282M	1.3%	$44.20	—	COM	931422109
MCY	Mercury Genl Corp New Com	68,115	$3.204M	1.3%	$43.34	+8.4%	COM	589400100
VCSH	Vanguard Sht Term Corp Bnd Fd	39,627	$3.185M	1.3%	$79.30	—	COM	92206C409
—	Google Inc Cl A	5,168	$3.022M	1.2%	$924.92	—	COM	38259P508
NVS	Novartis AG ADR	32,998	$2.987M	1.2%	$70.70	—	COM	66987V109
C	Citigroup Inc Com	60,159	$2.833M	1.1%	$36.48	-2.9%	COM	172967424
EBAY	eBay Inc	55,297	$2.768M	1.1%	$20.16	-3.8%	COM	278642103
AIG	American Intl Group Com	44,573	$2.433M	1.0%	$32.51	+24.3%	COM	026874784
NSRGY	Nestle SA Spn ADR	29,443	$2.287M	0.9%	$65.77	—	COM	641069406
CSL	Carlisle Cos Inc Com	26,300	$2.278M	0.9%	$55.89	+28.5%	COM	142339100
—	Johnson Controls Inc	44,500	$2.222M	0.9%	$35.80	—	COM	478366107
JNJ	Johnson & Johnson Com	21,161	$2.214M	0.9%	$61.07	+19.8%	COM	478160104
IWN	iShares Russell 2000 Value	20,885	$2.157M	0.9%	$103.28	—	COM	464287630
EEM	iShares MSCI Emerging Mkt	49,853	$2.155M	0.9%	$40.31	—	COM	464287234
—	Express Scripts Inc	30,572	$2.12M	0.9%	$68.82	—	COM	30219G108
—	PowerShares QQQ Nasdaq 100	21,211	$1.992M	0.8%	$78.70	—	COM	73935A104
EMR	Emerson Electric Company	29,082	$1.93M	0.8%	$40.02	+22.8%	COM	291011104
PG	Procter & Gamble Co Com	23,793	$1.87M	0.8%	$55.10	+5.8%	COM	742718109
JPM	JP Morgan Chase & Co	32,057	$1.847M	0.7%	$36.90	+11.6%	COM	46625H100
CVX	Chevron Corp	13,885	$1.813M	0.7%	$71.37	+6.4%	COM	166764100
EDIV	SPDR S&P Emerging Markets	44,914	$1.801M	0.7%	$38.89	—	COM	78463X533
PM	Philip Morris International	21,252	$1.792M	0.7%	$46.97	+2.7%	COM	718172109
BB	Blackberry Ltd	172,350	$1.765M	0.7%	$7.88	0.0%	COM	09228F103
VSAT	ViaSat Inc	30,400	$1.762M	0.7%	$60.40	0.0%	COM	92552V100
DGT	SPDR Global Dow ETF	24,255	$1.752M	0.7%	$60.30	—	COM	78464A706
AMGN	Amgen Inc	14,726	$1.743M	0.7%	$83.37	0.0%	COM	031162100
—	Legg Mason BW Global Income	93,413	$1.714M	0.7%	$17.73	—	COM	52469B100
BUD	Anheuser-Busch InBev Spn ADR	14,859	$1.708M	0.7%	$99.21	—	COM	03524A108
—	Market Vectors Wide Moat ETF	55,346	$1.696M	0.7%	$30.13	—	COM	57060U134
L	Loews Corp Com	38,415	$1.691M	0.7%	$42.06	-1.9%	COM	540424108
MCD	McDonald's Corporation	16,651	$1.677M	0.7%	$71.77	+4.2%	COM	580135101
UPS	United Parcel Service Cl B	15,819	$1.624M	0.7%	$55.41	+20.2%	COM	911312106
FLR	Fluor Corp	21,000	$1.615M	0.7%	$53.56	+26.7%	COM	343412102
—	Madison Square Garden Co A	25,205	$1.574M	0.6%	$62.45	—	COM	55826P100
VYX	NCR Corporation	44,775	$1.571M	0.6%	$19.61	+3.0%	COM	62886E108
HYS	Pimco 0-5 Year H/Y Corp Bond	14,343	$1.533M	0.6%	$106.59	—	COM	72201R783
MMM	3M Co	10,455	$1.498M	0.6%	$61.26	+32.3%	COM	88579Y101
—	Market Vectors Coal ETF	79,600	$1.49M	0.6%	$18.72	—	COM	57060U837
—	Penn West Energy Trust	152,100	$1.484M	0.6%	$9.84	—	COM	707887105
NKE	Nike Inc Cl B	19,035	$1.476M	0.6%	$27.99	+14.8%	COM	654106103
VZ	Verizon Communications Inc	29,927	$1.464M	0.6%	$26.60	+0.7%	COM	92343V104
GM	General Motors Co	40,255	$1.461M	0.6%	$26.30	0.0%	COM	37045V100
MSFT	Microsoft Corp Com	34,642	$1.445M	0.6%	$27.68	+22.7%	COM	594918104
EXPD	Expeditors Intl Wash Inc	32,300	$1.426M	0.6%	$36.93	0.0%	COM	302130109
SIEGY	Siemens AG Spn ADR	10,774	$1.424M	0.6%	$132.17	—	COM	826197501
GILD	Gilead Sciences Inc	17,084	$1.416M	0.6%	$54.08	0.0%	COM	375558103
IBM	Intl Business Machines Corp	7,745	$1.404M	0.6%	$118.94	-5.6%	COM	459200101
WMT	Wal Mart Stores Inc Com	18,417	$1.383M	0.6%	$19.97	+2.8%	COM	931142103
VWO	Vanguard Emerging Market ETF	30,300	$1.307M	0.5%	$39.26	—	COM	922042858
AXP	American Express Co Com	13,754	$1.305M	0.5%	$62.23	+22.8%	COM	025816109
KO	Coca Cola Co Com	30,550	$1.294M	0.5%	$27.27	+3.1%	COM	191216100
HON	Honeywell Int'l Inc	13,818	$1.284M	0.5%	$53.70	+22.3%	COM	438516106
TBPH	Theravance Biopharma Inc	40,111	$1.279M	0.5%	$27.05	0.0%	COM	G8807B106
—	Bed Bath & Beyond Inc	22,200	$1.274M	0.5%	$57.39	—	COM	075896100
PEP	Pepsico Inc	14,010	$1.252M	0.5%	$56.00	+8.8%	COM	713448108
—	Tupperware Corporation	14,700	$1.23M	0.5%	$77.70	—	COM	899896104
CNQ	Canadian Natural Resources	26,800	$1.23M	0.5%	$12.47	0.0%	COM	136385101
—	iShares MSCI Japan Index Fd	100,300	$1.208M	0.5%	$12.04	—	COM	464286848
PFE	Pfizer Inc Com	40,617	$1.206M	0.5%	$16.53	+6.2%	COM	717081103
—	Du Pont (E.I.) De Nemours	17,918	$1.173M	0.5%	$52.88	—	COM	263534109
AZN	Astrazeneca PLC - Spon ADR	15,769	$1.172M	0.5%	$74.32	—	COM	046353108
MWA	Mueller Water Products Inc A	134,000	$1.158M	0.5%	$6.02	+23.6%	COM	624758108
RIG	Transocean Inc	24,763	$1.115M	0.5%	$46.84	-9.2%	COM	H8817H100
HEINY	Heineken NV Spn ADR	30,982	$1.11M	0.4%	$33.31	—	COM	423012301
CAT	Caterpillar Inc	10,175	$1.106M	0.4%	$61.97	+25.9%	COM	149123101
—	Putnam Premier Income Trust	196,737	$1.092M	0.4%	$5.53	—	COM	746853100
—	Sun Bancorp Inc Com	270,415	$1.084M	0.4%	$3.39	—	COM	86663B102
META	Facebook Inc Cl A	15,986	$1.076M	0.4%	$32.44	+88.3%	COM	30303M102
—	Leucadia Natl Corp Com	40,100	$1.051M	0.4%	$26.22	—	COM	527288104
—	Burger King Worldwide Inc	36,963	$1.006M	0.4%	$23.81	—	COM	121220107
T	AT&T Inc	27,040	$956K	0.4%	$11.40	+3.3%	COM	00206R102
—	Kellogg Co	14,440	$949K	0.4%	$41.75	0.0%	COM	487836108
UNH	UnitedHealth Group Inc	11,060	$904K	0.4%	$52.10	+25.1%	COM	91324P102
BP	BP PLC Spn ADR	16,384	$864K	0.3%	$48.26	—	COM	055622104
—	Public Storage 6.35% Series R	32,590	$838K	0.3%	$25.57	—	PFD	74460D125
MRK	Merck & Co Inc Com	14,154	$819K	0.3%	$31.11	+22.0%	COM	58933Y105
VOD	Vodafone Group PLC-SP ADR	24,120	$805K	0.3%	$36.40	—	COM	92857W308
—	Horsehead Holding Corp	43,200	$789K	0.3%	$18.26	—	COM	440694305
CSX	CSX Corp	24,650	$759K	0.3%	$6.66	+21.5%	COM	126408103
TRV	The Travelers Cos Inc	7,676	$722K	0.3%	$63.85	+10.4%	COM	89417E109
MDLZ	Mondelez International Inc	18,988	$714K	0.3%	$23.16	+22.2%	COM	609207105
QCOM	Qualcomm Inc	8,581	$680K	0.3%	$45.87	+24.9%	COM	747525103
ADP	Automatic Data Processing	8,350	$662K	0.3%	$45.09	+17.2%	COM	053015103
NSC	Norfolk Southern Corp	6,407	$660K	0.3%	$71.64	+6.1%	COM	655844108
—	Hovnanian Enterprises A	122,750	$632K	0.3%	$5.53	—	COM	442487203
GS	Goldman Sachs Group Inc	3,562	$596K	0.2%	$130.97	-1.7%	COM	38141G104
—	United Technologies Corp	5,037	$582K	0.2%	$93.59	—	COM	913017109
BRK/A	Berkshire Hthwy Cl A	3	$570K	0.2%	$175515.22	+8.1%	COM	084670108
SCHB	Schwab US Broad Market ETF	11,849	$565K	0.2%	$42.24	—	COM	808524102
—	Peabody Energy Corp	34,485	$564K	0.2%	$16.35	—	COM	704549104
GLD	StreetTracks Gold Trust	4,390	$562K	0.2%	$123.58	—	COM	78463V107
VTI	Vanguard US Total Stock Mkt ET	5,505	$560K	0.2%	$89.97	—	COM	922908769
ROST	Ross Stores Inc	8,394	$555K	0.2%	$28.31	+8.1%	COM	778296103
SCHW	Charles Schwab Corp Com	20,205	$544K	0.2%	$16.45	+38.9%	COM	808513105
VYM	Vanguard High Dvd Yield ETF	7,815	$518K	0.2%	$59.50	—	COM	921946406
SYY	Sysco Corp	12,425	$465K	0.2%	$24.40	+10.2%	COM	871829107
BMY	Bristol-Myers Squibb Co	9,497	$461K	0.2%	$28.79	+16.4%	COM	110122108
EWY	iShares MSCI South Korea Ind	6,630	$431K	0.2%	$61.54	—	COM	464286772
ORCL	Oracle Corp Com	10,474	$425K	0.2%	$27.85	+24.5%	COM	68389X105
—	Allergan Inc	2,492	$422K	0.2%	$100.79	—	COM	018490102
FLOT	iShares Floating Rate Note	7,912	$402K	0.2%	$50.70	—	COM	46429B655
SCHD	Schwab US Dvd Equity ETF	10,470	$401K	0.2%	$34.46	—	COM	808524797
VXF	Vanguard Extended Market ETF	4,450	$390K	0.2%	$84.17	—	COM	922908652
DWX	SPDR S&P Intl Dividend ETF	7,325	$376K	0.2%	$49.06	—	COM	78463X772
—	Kraft Foods Group Inc	6,102	$366K	0.1%	$55.89	—	COM	50076Q106
DIA	SPDR DJIA Trust	2,140	$359K	0.1%	$150.31	—	COM	78467X109
—	Laboratory Corp of Amer Hldgs	3,390	$347K	0.1%	$99.26	—	COM	50540R409
SCHV	Schwab US Large-Cap Value ETF	8,047	$345K	0.1%	$41.24	—	COM	808524409
BA	Boeing Co Com	2,597	$330K	0.1%	$83.31	+35.1%	COM	097023105
SCHF	Schwab Intl Equity ETF	9,424	$311K	0.1%	$33.00	—	COM	808524805
COST	Costco Wholesale Corp	2,561	$295K	0.1%	$87.58	+4.8%	COM	22160K105
TXN	Texas Instruments Inc	6,138	$293K	0.1%	$34.00	0.0%	COM	882508104
IGIB	iShares Intermediate Credit	2,595	$286K	0.1%	$110.21	—	COM	464288638
SPY	SPDR Trust Series 1	1,432	$280K	0.1%	$195.53	—	COM	78462F103
TRC	Tejon Ranch Co	8,424	$271K	0.1%	$33.92	-10.1%	COM	879080109
—	Celgene Corp	3,128	$269K	0.1%	$86.00	—	COM	151020104
—	Boulder Total Return Fund	10,374	$266K	0.1%	$24.29	—	COM	101541100
CSCO	Cisco Systems Inc Com	10,630	$264K	0.1%	$15.50	+7.4%	COM	17275R102
ABBV	AbbVie Inc	4,617	$261K	0.1%	$27.16	+21.4%	COM	00287Y109
SLB	Schlumberger Ltd Com	2,152	$254K	0.1%	$74.85	0.0%	COM	806857108
ABT	Abbott Labs Com	6,195	$253K	0.1%	$31.49	0.0%	COM	002824100
—	EMC Corp Mass Com	9,395	$247K	0.1%	$23.62	—	COM	268648102
MCO	Moody's Corporation	2,779	$244K	0.1%	$64.50	+13.4%	COM	615369105
—	Riverbed Technology Inc	11,660	$241K	0.1%	$20.67	—	COM	768573107
DE	Deere & Co	2,661	$241K	0.1%	$66.63	+11.2%	COM	244199105
VNQ	Vanguard REIT ETF	3,165	$237K	0.1%	$70.77	—	COM	922908553
—	Shaw Communications Inc B	8,150	$209K	0.1%	$25.64	—	COM	82028K200
HAL	Halliburton Co	2,889	$205K	0.1%	$51.48	0.0%	COM	406216101
—	iShares Gold Trust	14,400	$185K	0.1%	$12.85	—	COM	464285105
—	Spirit Realty Capital Inc	10,754	$122K	0.0%	$9.21	—	COM	84860W102
CWGL	Crimson Wine Group Ltd	12,590	$114K	0.0%	$8.92	-0.9%	COM	22662X100
—	Synta Pharmaceuticals Corp	21,100	$86,000	0.0%	$4.98	—	COM	87162T206
—	Saker Aviation Services Inc	500,100	$20,000	0.0%	$0.10	—	COM	79380Q106