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          <Amount>250</Amount>
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        <TotGrantOrContriPaidDuringYear>79100</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>6595</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>28047</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>-3976</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>30666</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>30666</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="12000229" softwareVersion="2012v2.0">
      <AccountingFees>
        <Category>ACCOUNTING AND TAX PREPARATION</Category>
        <Amount>2100</Amount>
        <NetInvestmentIncome>2100</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="12000229" softwareVersion="2012v2.0">
      <InvestmentsCorpStock>
        <NameOfStock>WELLS FARGO 5.125 PFD</NameOfStock>
        <EOYBookValue>25000</EOYBookValue>
        <EOYFMV>24900</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>NEXTERA ENERGY 5.125 PFD</NameOfStock>
        <EOYBookValue>25000</EOYBookValue>
        <EOYFMV>25090</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ISHARES DOW JONES SELECT</NameOfStock>
        <EOYBookValue>14857</EOYBookValue>
        <EOYFMV>17172</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>FIRST ENERGY CORP</NameOfStock>
        <EOYBookValue>16308</EOYBookValue>
        <EOYFMV>18792</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>EL PASO PIPELINE PARTNERS LP</NameOfStock>
        <EOYBookValue>16384</EOYBookValue>
        <EOYFMV>18485</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>BUCKEYE PARTNERS LP</NameOfStock>
        <EOYBookValue>15099</EOYBookValue>
        <EOYFMV>11353</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="12000229" softwareVersion="2012v2.0">
      <InvestmentsOther>
        <CategoryOrItem>FRANKLIN INVS SEC TR</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>33000</BookValue>
        <EOYFMV>34808</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>VANGUARD S/T BOND INDEX</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>25872</BookValue>
        <EOYFMV>27110</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>THORNBURG INTL VALUE CLASS I</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>47855</BookValue>
        <EOYFMV>40666</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>THIRD AVEUE FOCUSED CR FD</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>26274</BookValue>
        <EOYFMV>24821</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>TEMPLETON GLOBAL RETURN FUND</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>30396</BookValue>
        <EOYFMV>34777</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>SUNAMERICA STRATEGIC BOND FD</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>41154</BookValue>
        <EOYFMV>41253</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>PRUDENTIAL SECTOR FDS UTILITY FD</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>17221</BookValue>
        <EOYFMV>15249</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>PIONEER GLOBAL HIGH YIELD</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>31698</BookValue>
        <EOYFMV>26584</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>PIMCO ALL ASSET ALL AUTHORITY FD</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>35000</BookValue>
        <EOYFMV>35480</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>VIRTUS OPPORTUNITIES MULTI SECTOR</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>32935</BookValue>
        <EOYFMV>36336</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>MUTUAL SER FD INC GLBL</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>44319</BookValue>
        <EOYFMV>38760</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>LOOMIS SAYLES STRAT INC FD</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>42378</BookValue>
        <EOYFMV>43511</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>JP MORGAN TR I</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>25000</BookValue>
        <EOYFMV>25866</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>FRANKLIN CUSTODIAN FDS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>42287</BookValue>
        <EOYFMV>41195</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>FIRST EAGLE FUNDS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>35692</BookValue>
        <EOYFMV>36292</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>FIDELITY ADVISOR SER I LEVERAGED STK FD</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>31379</BookValue>
        <EOYFMV>39114</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>FAIRHOLME FDS INC</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>34646</BookValue>
        <EOYFMV>32144</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>DELAWARE POOLED DIVERSIFIED INCOME FUND</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>40124</BookValue>
        <EOYFMV>41666</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>BERWYN FDS INCOME FUND</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>27010</BookValue>
        <EOYFMV>28136</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>BARCLAYS BANK</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>25000</BookValue>
        <EOYFMV>25768</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>AMERICAN EXPRESS BANK</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>30000</BookValue>
        <EOYFMV>30878</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>SALLIE MAE BANK</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>30000</BookValue>
        <EOYFMV>30875</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>GOLDMAN SACHS BANK CD</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>25000</BookValue>
        <EOYFMV>25929</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>SPECTRA ENERGY PARTNERS LP</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>15013</BookValue>
        <EOYFMV>14366</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="12000229" softwareVersion="2012v2.0">
      <OtherExpenses>
        <Description>INVESTMENT ADVISOR FEES</Description>
        <RevenueAndExpensesPerBooks>3520</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>3520</NetInvestmentIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule" softwareId="12000229" softwareVersion="2012v2.0">
      <OtherIncreases>
        <Description>LIMITED PARTNERSHIP DISTRIBUTIONS</Description>
        <Amount>2950</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="12000229" softwareVersion="2012v2.0">
      <Taxes>
        <Category>FOREIGN TAX</Category>
        <Amount>170</Amount>
        <NetInvestmentIncome>170</NetInvestmentIncome>
      </Taxes>
      <Taxes>
        <Category>EXCISE TAX</Category>
        <Amount>364</Amount>
        <NetInvestmentIncome>364</NetInvestmentIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>