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          <PersonNm>DR JAMES FISHKIN</PersonNm>
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            <AddressLine1Txt>100 AUDUBON ST</AddressLine1Txt>
            <CityNm>NEW HAVEN</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06510</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>41560</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PEQUOT LIBRARY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>720 PEQUOT AVE</AddressLine1Txt>
            <CityNm>SOUTHPORT</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06890</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>26000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PORT ANGELES FRIENDS OF THE LIBRARY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2210 SOUTH PEABODY STREET</AddressLine1Txt>
            <CityNm>PORT ANGELES</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
            <ZIPCd>98362</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>1600</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEATTLE PUBLIC LIBRARY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 FOURTH AVE</AddressLine1Txt>
            <CityNm>SEATTLE</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
            <ZIPCd>98104</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SILICON VALLEY COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2440 WEST EL CAMINO REAL</AddressLine1Txt>
            <CityNm>MT VIEW</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94040</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>310000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS OF THE JV FLETCHER LIBRAR</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 4122</AddressLine1Txt>
            <CityNm>WESTFORD</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>01886</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>2200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS OF THE LIBRARY OF HAWAII</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>99-1132 IWAENA STREET</AddressLine1Txt>
            <CityNm>AIEA</CityNm>
            <StateAbbreviationCd>HI</StateAbbreviationCd>
            <ZIPCd>96701</ZIPCd>
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          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>5145</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>YORK COUNTY LIBRARY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>138 EAST BLACK STREET</AddressLine1Txt>
            <CityNm>ROCK HILL</CityNm>
            <StateAbbreviationCd>SC</StateAbbreviationCd>
            <ZIPCd>29730</ZIPCd>
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          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PALLIATIVE CARE FOR UGANDA LLC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>128 EAST AVENUE</AddressLine1Txt>
            <CityNm>NORWALK</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06851</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>790563</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
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          <ExclusionCd>14</ExclusionCd>
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        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>320457</ExclusionAmt>
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        <OtherInvestmentIncmPartVIIGrp>
          <RelatedOrExemptFunctionIncmAmt>13847</RelatedOrExemptFunctionIncmAmt>
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        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>100369</RelatedOrExemptFunctionIncmAmt>
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          <ExclusionAmt>325379</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>114216</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>439595</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>LIPNER, SOFFERMAN &amp;CO, LLP</CategoryTxt>
        <Amt>9750</Amt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="RetDoc3">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ARCONIC INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>26345</GrossSalesPriceAmt>
        <BasisAmt>111167</BasisAmt>
        <TotalNetAmt>-84822</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BARCLAYS BK PLC 6.625% NON CUM PFD A</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>12505</GrossSalesPriceAmt>
        <BasisAmt>12500</BasisAmt>
        <TotalNetAmt>5</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BARCLAYS BK PLC 8.125% PER NON CUM P</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>25500</GrossSalesPriceAmt>
        <BasisAmt>26596</BasisAmt>
        <TotalNetAmt>-1096</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BIOAMBER INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>6659</GrossSalesPriceAmt>
        <BasisAmt>18821</BasisAmt>
        <TotalNetAmt>-12162</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CALIFORNIA COASTAL COMMINITIES INC N</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>13819</BasisAmt>
        <TotalNetAmt>-13819</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CATALINA LIGHTING INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>6785</BasisAmt>
        <TotalNetAmt>-6785</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CATALINA LIGHTING INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>11549</BasisAmt>
        <TotalNetAmt>-11549</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CEMPRA INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>1327</GrossSalesPriceAmt>
        <BasisAmt>8065</BasisAmt>
        <TotalNetAmt>-6738</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CEMPRA INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>796</GrossSalesPriceAmt>
        <BasisAmt>9870</BasisAmt>
        <TotalNetAmt>-9074</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CIFC CORP.</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>102</GrossSalesPriceAmt>
        <TotalNetAmt>102</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CNO FINANCIAL GROUP INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>31144</GrossSalesPriceAmt>
        <BasisAmt>36474</BasisAmt>
        <TotalNetAmt>-5330</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>COLUMBIA PIPELINE GROUP INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>25500</GrossSalesPriceAmt>
        <TotalNetAmt>25500</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>DISCOVER FINANCIAL SERVICES</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>13144</GrossSalesPriceAmt>
        <BasisAmt>4245</BasisAmt>
        <TotalNetAmt>8899</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>DISCOVERY COMMUNICATIONS INC COM SER</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>1188</GrossSalesPriceAmt>
        <TotalNetAmt>1188</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>DISCOVERY COMMUNICATIONS INC COM SER</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>3423</GrossSalesPriceAmt>
        <TotalNetAmt>3423</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>EDDIE BAUR HLDGS INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>16400</BasisAmt>
        <TotalNetAmt>-16400</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ENERGY CONVERSION DEVICES INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>4854</BasisAmt>
        <TotalNetAmt>-4854</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ERGO SCIENCE CORPORATION</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>11084</BasisAmt>
        <TotalNetAmt>-11084</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>EVERGREEN SOLAR INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>3219</BasisAmt>
        <TotalNetAmt>-3219</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>EXPRESS SCRIPTS HOLDING</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>15404</GrossSalesPriceAmt>
        <BasisAmt>11004</BasisAmt>
        <TotalNetAmt>4400</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>FLOWERS FOOD INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>8895</GrossSalesPriceAmt>
        <BasisAmt>9240</BasisAmt>
        <TotalNetAmt>-345</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>FOOTSTAR INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>13269</BasisAmt>
        <TotalNetAmt>-13269</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>HALYARD HEALTH INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>11589</GrossSalesPriceAmt>
        <BasisAmt>12536</BasisAmt>
        <TotalNetAmt>-947</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>HANSEN MEDICAL INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>800</GrossSalesPriceAmt>
        <BasisAmt>4600</BasisAmt>
        <TotalNetAmt>-3800</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>HESKA CORPORATION</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>33069</GrossSalesPriceAmt>
        <BasisAmt>3454</BasisAmt>
        <TotalNetAmt>29615</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>HOME DEPOT INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>37265</GrossSalesPriceAmt>
        <BasisAmt>8694</BasisAmt>
        <TotalNetAmt>28571</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>INVESCO DEVELOPING MARKETS</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>161</GrossSalesPriceAmt>
        <BasisAmt>126</BasisAmt>
        <TotalNetAmt>35</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>INVESCO DEVELOPING MARKETS FUND CL A</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>16102</GrossSalesPriceAmt>
        <BasisAmt>8140</BasisAmt>
        <TotalNetAmt>7962</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>IONIS PHARMACEUTICALS INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>10640</GrossSalesPriceAmt>
        <BasisAmt>14052</BasisAmt>
        <TotalNetAmt>-3412</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>IRON MOUNTAIN INCORPORATED</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>15864</GrossSalesPriceAmt>
        <BasisAmt>12396</BasisAmt>
        <TotalNetAmt>3468</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>KNOWLES CORPORATION</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>20897</GrossSalesPriceAmt>
        <BasisAmt>48058</BasisAmt>
        <TotalNetAmt>-27161</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>MACY'S INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>21373</GrossSalesPriceAmt>
        <BasisAmt>8530</BasisAmt>
        <TotalNetAmt>12843</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>MANAGED HIGH YIELD PLUS FUND</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>5511</GrossSalesPriceAmt>
        <BasisAmt>16000</BasisAmt>
        <TotalNetAmt>-10489</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>MEDIVATION INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>65200</GrossSalesPriceAmt>
        <BasisAmt>24650</BasisAmt>
        <TotalNetAmt>40550</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>MERRIMACK PHARMACEUTICALS INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>5211</GrossSalesPriceAmt>
        <BasisAmt>4730</BasisAmt>
        <TotalNetAmt>481</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>METLIFE INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>28143</GrossSalesPriceAmt>
        <BasisAmt>24190</BasisAmt>
        <TotalNetAmt>3953</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>MORGAN STANLEY CAP TR VIII</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>25000</GrossSalesPriceAmt>
        <BasisAmt>25000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>MYLAN N V</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>111890</GrossSalesPriceAmt>
        <BasisAmt>42469</BasisAmt>
        <TotalNetAmt>69421</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>NBI INC NEW</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>358</BasisAmt>
        <TotalNetAmt>-358</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>NBI INC NEW</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>1789</BasisAmt>
        <TotalNetAmt>-1789</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>NBI INC NEW</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>1049</BasisAmt>
        <TotalNetAmt>-1049</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>PARTNERRE LTD</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>68750</GrossSalesPriceAmt>
        <BasisAmt>15855</BasisAmt>
        <TotalNetAmt>52895</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>PEPCO HLDGS INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>20438</GrossSalesPriceAmt>
        <BasisAmt>12760</BasisAmt>
        <TotalNetAmt>7678</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>PFIZER INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>47370</GrossSalesPriceAmt>
        <BasisAmt>52995</BasisAmt>
        <TotalNetAmt>-5625</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>QUESTAR CORP.</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>25000</GrossSalesPriceAmt>
        <BasisAmt>19006</BasisAmt>
        <TotalNetAmt>5994</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>RBS CAPITAL FUNDING TRUST VII</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>25000</GrossSalesPriceAmt>
        <BasisAmt>25566</BasisAmt>
        <TotalNetAmt>-566</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ROCKWOOD NATIONAL CORP</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>8</BasisAmt>
        <TotalNetAmt>-8</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ROYAL BK SCOTLAND GROUP PLC PFD SER</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>24730</GrossSalesPriceAmt>
        <BasisAmt>25000</BasisAmt>
        <TotalNetAmt>-270</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ROYAL BK SCOTLAND GROUP PLC SER L</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>24577</GrossSalesPriceAmt>
        <BasisAmt>24932</BasisAmt>
        <TotalNetAmt>-355</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>RTS LIBERTY MEDIA CORP SERIES C EXP</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>8</GrossSalesPriceAmt>
        <TotalNetAmt>8</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>RTS LIBERTY MEDIA CORP SERIES C EXP</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>SOUTHWEST AIRLINES CO</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>20098</GrossSalesPriceAmt>
        <BasisAmt>6456</BasisAmt>
        <TotalNetAmt>13642</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>SSE PLC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>8176</GrossSalesPriceAmt>
        <BasisAmt>8760</BasisAmt>
        <TotalNetAmt>-584</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>STARZ</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>1044</GrossSalesPriceAmt>
        <BasisAmt>1744</BasisAmt>
        <TotalNetAmt>-700</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>STONEMOR PARTNERS L P</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>6758</GrossSalesPriceAmt>
        <BasisAmt>15854</BasisAmt>
        <TotalNetAmt>-9096</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TEXAS SWEET CRUDE OIL CORP</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TIME WARNER CABLE INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>8300</GrossSalesPriceAmt>
        <TotalNetAmt>8300</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TRUPANION INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>7485</GrossSalesPriceAmt>
        <BasisAmt>3140</BasisAmt>
        <TotalNetAmt>4345</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>WARREN RESOURCES INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>4218</BasisAmt>
        <TotalNetAmt>-4218</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>WASHINGTON MUT INC ESCROW</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>25434</BasisAmt>
        <TotalNetAmt>-25434</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>XOMA CORP.</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>2</BasisAmt>
        <TotalNetAmt>-2</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>XOMA CORP.</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <BasisAmt>915</BasisAmt>
        <TotalNetAmt>-915</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>XPO LOGISTICS INC.</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>33549</GrossSalesPriceAmt>
        <BasisAmt>31971</BasisAmt>
        <TotalNetAmt>1578</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>APPLE INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>58514</GrossSalesPriceAmt>
        <BasisAmt>777</BasisAmt>
        <TotalNetAmt>57737</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsGovtObligationsSch documentId="RetDoc4">
      <StateLocalSecBookVlEOYAmt>7132042</StateLocalSecBookVlEOYAmt>
      <StateLocalSecEOYFMVAmt>13689906</StateLocalSecEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <OtherExpensesSchedule documentId="RetDoc5">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE</Desc>
        <RevenueAndExpensesPerBooksAmt>4118</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CONSULTING FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>13897</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CUSTODIAL FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>118239</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>118239</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc6">
      <OtherIncomeDetail>
        <Desc>OTHER INVESTMENT INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>13847</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>13847</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>13847</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="RetDoc7">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>15196</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>