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      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>QUIVIRA COALITION INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1413 2ND STREET SUITE 1</AddressLine1>
            <City>SANTA FE</City>
            <State>NM</State>
            <ZIPCode>87505</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF ECOLOGICAL HEALTH</GrantOrContributionPurposeTxt>
          <Amt>5190</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>GHOST LAKE CORPORATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>6500 W 194 ST</AddressLine1>
            <City>STILWELL</City>
            <State>KS</State>
            <ZIPCode>66085</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501 (C)3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ACQUISITION OF WILDLAND</GrantOrContributionPurposeTxt>
          <Amt>3948758</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>3953948</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>503237</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>118633</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2595</ExclusionAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>-70609</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <GrossProfitLossSlsOfInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>206847</RelatedOrExemptFunctionIncmAmt>
        </GrossProfitLossSlsOfInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>CUSTOM GRAZING FEES</Desc>
          <RelatedOrExemptFunctionIncmAmt>102500</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>CRP PAYMENTS</Desc>
          <RelatedOrExemptFunctionIncmAmt>40000</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>LOGGING &amp; THINNING</Desc>
          <RelatedOrExemptFunctionIncmAmt>131628</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>RECREATION</Desc>
          <RelatedOrExemptFunctionIncmAmt>35900</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>624465</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>446266</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1070731</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="RetDoc4">
      <AccountingFeesDetail>
        <CategoryTxt>INDIRECT ACCOUNTING FEES</CategoryTxt>
        <Amt>25835</Amt>
        <AdjustedNetIncomeAmt>25835</AdjustedNetIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <CompensationExplanation documentId="RetDoc5">
      <CompensationExplanationGrp>
        <PersonNm>NELSON D SHIRLEY</PersonNm>
      </CompensationExplanationGrp>
      <CompensationExplanationGrp>
        <PersonNm>JAMES N SHIRLEY</PersonNm>
      </CompensationExplanationGrp>
      <CompensationExplanationGrp>
        <PersonNm>LORI KELLY</PersonNm>
      </CompensationExplanationGrp>
    </CompensationExplanation>
    <DepreciationSchedule documentId="RetDoc6">
      <DepreciationPropertyGrp>
        <PropertyDesc>DEPRECIATION</PropertyDesc>
        <PriorYearDepreciationAmt>189540</PriorYearDepreciationAmt>
        <CurrentYearExpenseAmt>268870</CurrentYearExpenseAmt>
        <AdjustedNetIncomeAmt>268870</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <GainLossSaleOtherAssetsSch documentId="RetDoc7">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>2007 YAMAHA RHINO ATV</AssetDesc>
        <AcquiredDt>2011-04</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-07</SoldDt>
        <GrossSalesPriceAmt>2862</GrossSalesPriceAmt>
        <BasisAmt>5500</BasisAmt>
        <TotalNetAmt>-346</TotalNetAmt>
        <AccumulatedDepreciationAmt>2292</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>2 BRED COWS</AssetDesc>
        <AcquiredDt>2011-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-06</SoldDt>
        <GrossSalesPriceAmt>1642</GrossSalesPriceAmt>
        <BasisAmt>2000</BasisAmt>
        <TotalNetAmt>213</TotalNetAmt>
        <AccumulatedDepreciationAmt>571</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>36 BRED COWS</AssetDesc>
        <AcquiredDt>2011-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-10</SoldDt>
        <GrossSalesPriceAmt>23604</GrossSalesPriceAmt>
        <BasisAmt>36000</BasisAmt>
        <TotalNetAmt>-396</TotalNetAmt>
        <AccumulatedDepreciationAmt>12000</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>34 MIXED COWS/ 3 CALVES</AssetDesc>
        <AcquiredDt>2011-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-10</SoldDt>
        <GrossSalesPriceAmt>22292</GrossSalesPriceAmt>
        <BasisAmt>39100</BasisAmt>
        <TotalNetAmt>-3775</TotalNetAmt>
        <AccumulatedDepreciationAmt>13033</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>13 BRED COWS</AssetDesc>
        <AcquiredDt>2011-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-11</SoldDt>
        <GrossSalesPriceAmt>10530</GrossSalesPriceAmt>
        <BasisAmt>14485</BasisAmt>
        <TotalNetAmt>753</TotalNetAmt>
        <AccumulatedDepreciationAmt>4708</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>40 P3 COWS</AssetDesc>
        <AcquiredDt>2011-04</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-11</SoldDt>
        <GrossSalesPriceAmt>32399</GrossSalesPriceAmt>
        <BasisAmt>48454</BasisAmt>
        <TotalNetAmt>96</TotalNetAmt>
        <AccumulatedDepreciationAmt>16151</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>MILK COW</AssetDesc>
        <AcquiredDt>2011-08</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-11</SoldDt>
        <GrossSalesPriceAmt>810</GrossSalesPriceAmt>
        <BasisAmt>800</BasisAmt>
        <TotalNetAmt>277</TotalNetAmt>
        <AccumulatedDepreciationAmt>267</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>1 BULLS DIAMOND K</AssetDesc>
        <AcquiredDt>2011-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-11</SoldDt>
        <GrossSalesPriceAmt>762</GrossSalesPriceAmt>
        <BasisAmt>3250</BasisAmt>
        <TotalNetAmt>-1405</TotalNetAmt>
        <AccumulatedDepreciationAmt>1083</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>GELDING-FROM L LEIST-JINX</AssetDesc>
        <AcquiredDt>2011-09</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-02</SoldDt>
        <GrossSalesPriceAmt>263</GrossSalesPriceAmt>
        <BasisAmt>1000</BasisAmt>
        <TotalNetAmt>-420</TotalNetAmt>
        <AccumulatedDepreciationAmt>317</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>GELDING-ROANIE</AssetDesc>
        <AcquiredDt>2012-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-03</SoldDt>
        <GrossSalesPriceAmt>1000</GrossSalesPriceAmt>
        <BasisAmt>1500</BasisAmt>
        <TotalNetAmt>-362</TotalNetAmt>
        <AccumulatedDepreciationAmt>138</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>54 BRED HEIFERS-WAS 63</AssetDesc>
        <AcquiredDt>2010-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-10</SoldDt>
        <GrossSalesPriceAmt>35406</GrossSalesPriceAmt>
        <BasisAmt>56889</BasisAmt>
        <TotalNetAmt>2559</TotalNetAmt>
        <AccumulatedDepreciationAmt>24042</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>3 BULLS-WAS 69</AssetDesc>
        <AcquiredDt>2011-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-10</SoldDt>
        <GrossSalesPriceAmt>3920</GrossSalesPriceAmt>
        <BasisAmt>5786</BasisAmt>
        <TotalNetAmt>63</TotalNetAmt>
        <AccumulatedDepreciationAmt>1929</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>1 BRED COWS-WAS 64</AssetDesc>
        <AcquiredDt>2011-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-08</SoldDt>
        <GrossSalesPriceAmt>1022</GrossSalesPriceAmt>
        <BasisAmt>1000</BasisAmt>
        <TotalNetAmt>332</TotalNetAmt>
        <AccumulatedDepreciationAmt>310</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>1 BRED COW-WAS 64</AssetDesc>
        <AcquiredDt>2011-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-05</SoldDt>
        <GrossSalesPriceAmt>686</GrossSalesPriceAmt>
        <BasisAmt>1000</BasisAmt>
        <TotalNetAmt>-40</TotalNetAmt>
        <AccumulatedDepreciationAmt>274</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>4 BRED HEIFERS-WAS 63</AssetDesc>
        <AcquiredDt>2010-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-08</SoldDt>
        <GrossSalesPriceAmt>4087</GrossSalesPriceAmt>
        <BasisAmt>4214</BasisAmt>
        <TotalNetAmt>1554</TotalNetAmt>
        <AccumulatedDepreciationAmt>1681</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>1 BRED HEIFER-WAS 63</AssetDesc>
        <AcquiredDt>2010-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-10</SoldDt>
        <GrossSalesPriceAmt>1121</GrossSalesPriceAmt>
        <BasisAmt>1054</BasisAmt>
        <TotalNetAmt>512</TotalNetAmt>
        <AccumulatedDepreciationAmt>445</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>1 BULL-WAS 69</AssetDesc>
        <AcquiredDt>2011-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-11</SoldDt>
        <GrossSalesPriceAmt>1328</GrossSalesPriceAmt>
        <BasisAmt>1929</BasisAmt>
        <TotalNetAmt>42</TotalNetAmt>
        <AccumulatedDepreciationAmt>643</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>13 COWS-WAS 72</AssetDesc>
        <AcquiredDt>2011-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-10</SoldDt>
        <GrossSalesPriceAmt>8524</GrossSalesPriceAmt>
        <BasisAmt>13105</BasisAmt>
        <TotalNetAmt>-37</TotalNetAmt>
        <AccumulatedDepreciationAmt>4544</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>6 COWS-WAS 72</AssetDesc>
        <AcquiredDt>2011-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-11</SoldDt>
        <GrossSalesPriceAmt>5008</GrossSalesPriceAmt>
        <BasisAmt>6685</BasisAmt>
        <TotalNetAmt>496</TotalNetAmt>
        <AccumulatedDepreciationAmt>2173</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>11 HEIFERS-WAS 65</AssetDesc>
        <AcquiredDt>2011-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-11</SoldDt>
        <GrossSalesPriceAmt>9363</GrossSalesPriceAmt>
        <BasisAmt>5500</BasisAmt>
        <TotalNetAmt>5762</TotalNetAmt>
        <AccumulatedDepreciationAmt>1899</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>WATER PIPELINE IMPROV YCANYON 4TH 2012</AssetDesc>
        <AcquiredDt>2012-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-01</SoldDt>
        <GrossSalesPriceAmt>11827</GrossSalesPriceAmt>
        <BasisAmt>11827</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>WATER PIPELINE IMPROV RED CONE 4TH 2012</AssetDesc>
        <AcquiredDt>2012-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-01</SoldDt>
        <GrossSalesPriceAmt>8245</GrossSalesPriceAmt>
        <BasisAmt>8279</BasisAmt>
        <TotalNetAmt>1</TotalNetAmt>
        <AccumulatedDepreciationAmt>35</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>FENCING-RED CONE</AssetDesc>
        <AcquiredDt>2012-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-01</SoldDt>
        <GrossSalesPriceAmt>33823</GrossSalesPriceAmt>
        <BasisAmt>34108</BasisAmt>
        <TotalNetAmt>-1</TotalNetAmt>
        <AccumulatedDepreciationAmt>284</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>IMPROVEMENTS-YCANYON</AssetDesc>
        <AcquiredDt>2012-10</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-01</SoldDt>
        <GrossSalesPriceAmt>2483</GrossSalesPriceAmt>
        <BasisAmt>2500</BasisAmt>
        <AccumulatedDepreciationAmt>17</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LAND-RED CONE</AssetDesc>
        <AcquiredDt>2012-10</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-01</SoldDt>
        <GrossSalesPriceAmt>3505000</GrossSalesPriceAmt>
        <BasisAmt>3505000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>SPDR GOLD TRUST 2000 SH</AssetDesc>
        <AcquiredDt>2012-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-06</SoldDt>
        <GrossSalesPriceAmt>249435</GrossSalesPriceAmt>
        <BasisAmt>327889</BasisAmt>
        <TotalNetAmt>-78454</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>DOW CHEMICAL CO 2000 SH</AssetDesc>
        <AcquiredDt>2012-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-07</SoldDt>
        <GrossSalesPriceAmt>69557</GrossSalesPriceAmt>
        <BasisAmt>61072</BasisAmt>
        <TotalNetAmt>8485</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ANNALY CAPITAL MGMT 4000 SH</AssetDesc>
        <AcquiredDt>2012-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-07</SoldDt>
        <GrossSalesPriceAmt>48034</GrossSalesPriceAmt>
        <BasisAmt>57734</BasisAmt>
        <TotalNetAmt>-9700</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>SPDR S&amp;P EMERGING MKTS 2000 SH</AssetDesc>
        <AcquiredDt>2012-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-07</SoldDt>
        <GrossSalesPriceAmt>79639</GrossSalesPriceAmt>
        <BasisAmt>92482</BasisAmt>
        <TotalNetAmt>-12843</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>APT INV &amp; MNGMT 2000 SH</AssetDesc>
        <AcquiredDt>2012-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-08</SoldDt>
        <GrossSalesPriceAmt>58313</GrossSalesPriceAmt>
        <BasisAmt>51123</BasisAmt>
        <TotalNetAmt>7190</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>HEALTH CARE REIT 2000 SH</AssetDesc>
        <AcquiredDt>2012-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-08</SoldDt>
        <GrossSalesPriceAmt>127361</GrossSalesPriceAmt>
        <BasisAmt>118451</BasisAmt>
        <TotalNetAmt>8910</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BANK OF HAPOLIM NY .5% CD</AssetDesc>
        <AcquiredDt>2012-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-11</SoldDt>
        <GrossSalesPriceAmt>250000</GrossSalesPriceAmt>
        <BasisAmt>250025</BasisAmt>
        <TotalNetAmt>-25</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>HUNTINGTON BANK .45% CD 6/713</AssetDesc>
        <AcquiredDt>2012-05</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-06</SoldDt>
        <GrossSalesPriceAmt>250000</GrossSalesPriceAmt>
        <BasisAmt>250000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>COMPASS BANK .55% CD 6/7/13</AssetDesc>
        <AcquiredDt>2012-05</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-06</SoldDt>
        <GrossSalesPriceAmt>250000</GrossSalesPriceAmt>
        <BasisAmt>250000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BEAL BANK .5% CD 6/5/13</AssetDesc>
        <AcquiredDt>2012-05</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-06</SoldDt>
        <GrossSalesPriceAmt>250000</GrossSalesPriceAmt>
        <BasisAmt>250000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>HANCOCK BANK .4% CD 5/21/13</AssetDesc>
        <AcquiredDt>2012-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-05</SoldDt>
        <GrossSalesPriceAmt>250000</GrossSalesPriceAmt>
        <BasisAmt>250025</BasisAmt>
        <TotalNetAmt>-25</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BANK OF INDIA NY .4% CD 5/8/13</AssetDesc>
        <AcquiredDt>2012-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-05</SoldDt>
        <GrossSalesPriceAmt>250000</GrossSalesPriceAmt>
        <BasisAmt>250025</BasisAmt>
        <TotalNetAmt>-25</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BANCO POPULAR .55% CD 1/28/13</AssetDesc>
        <AcquiredDt>2012-06</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-01</SoldDt>
        <GrossSalesPriceAmt>248000</GrossSalesPriceAmt>
        <BasisAmt>248000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpBondsSchedule documentId="RetDoc8">
      <InvestmentsCorporateBondsGrp>
        <BondNm>JOHNSON CNTY KS 4.875% SCH DIS</BondNm>
        <EOYBookValueAmt>28877</EOYBookValueAmt>
        <EOYFMVAmt>27001</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FOND DU LAC WI 2.25% SCH DIST</BondNm>
        <EOYBookValueAmt>50463</EOYBookValueAmt>
        <EOYFMVAmt>49186</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>RALSTON NE 4.4% ARENA BAB</BondNm>
        <EOYBookValueAmt>54384</EOYBookValueAmt>
        <EOYFMVAmt>52280</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GRAND RIVER OK 4.58% DAM REV A</BondNm>
        <EOYBookValueAmt>55582</EOYBookValueAmt>
        <EOYFMVAmt>52709</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HAMMOND IN 5.04% MULT FAM TAX</BondNm>
        <EOYBookValueAmt>56516</EOYBookValueAmt>
        <EOYFMVAmt>55066</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ANACORTES WA 4.429 UTL SYS BAB</BondNm>
        <EOYBookValueAmt>57019</EOYBookValueAmt>
        <EOYFMVAmt>52424</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KANSAS ST 4.25% FIN AUTH TAXAB</BondNm>
        <EOYBookValueAmt>57053</EOYBookValueAmt>
        <EOYFMVAmt>53036</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CLARK CTY NV 5.51% SCH DIST</BondNm>
        <EOYBookValueAmt>62522</EOYBookValueAmt>
        <EOYFMVAmt>55357</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHELSEA MA 5.75%GENL OBL</BondNm>
        <EOYBookValueAmt>57475</EOYBookValueAmt>
        <EOYFMVAmt>55934</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ADDISON MI 4.68% SCH CONST</BondNm>
        <EOYBookValueAmt>68402</EOYBookValueAmt>
        <EOYFMVAmt>66173</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SNOHOMISH CTY WA 4.062% ECO</BondNm>
        <EOYBookValueAmt>69572</EOYBookValueAmt>
        <EOYFMVAmt>67083</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ANCHORAGE AK 4.518% BAB GENL</BondNm>
        <EOYBookValueAmt>70995</EOYBookValueAmt>
        <EOYFMVAmt>69604</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CLARK-PLEASANT CNTY IN 5.7%</BondNm>
        <EOYBookValueAmt>79854</EOYBookValueAmt>
        <EOYFMVAmt>75496</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SAVANAH GA 1.9% GA TECH TAX DU</BondNm>
        <EOYBookValueAmt>80407</EOYBookValueAmt>
        <EOYFMVAmt>78886</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KENTUCKY ST 5.39% PWR AUTH TAX</BondNm>
        <EOYBookValueAmt>80821</EOYBookValueAmt>
        <EOYFMVAmt>77679</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NORWOOD MA 4.85% MUN PRUP TAX</BondNm>
        <EOYBookValueAmt>81470</EOYBookValueAmt>
        <EOYFMVAmt>74843</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COLORADO ST 5.42% COPS BAB</BondNm>
        <EOYBookValueAmt>85185</EOYBookValueAmt>
        <EOYFMVAmt>82908</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MESA CTY CO 5.11% PARN COPS</BondNm>
        <EOYBookValueAmt>88278</EOYBookValueAmt>
        <EOYFMVAmt>83850</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SHERMAN CTY KS 1.886% SCH DIS</BondNm>
        <EOYBookValueAmt>100580</EOYBookValueAmt>
        <EOYFMVAmt>100731</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CENTRAL OK 2.4131% TANS DEPT</BondNm>
        <EOYBookValueAmt>100758</EOYBookValueAmt>
        <EOYFMVAmt>97244</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SHERMAN CTY KS 2.39% SCH DIST</BondNm>
        <EOYBookValueAmt>100762</EOYBookValueAmt>
        <EOYFMVAmt>100348</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WARREN WOODS MI 3.25% ENE CONS</BondNm>
        <EOYBookValueAmt>101700</EOYBookValueAmt>
        <EOYFMVAmt>91757</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MERCER CT NJ RENEW ENE TAX</BondNm>
        <EOYBookValueAmt>103518</EOYBookValueAmt>
        <EOYFMVAmt>100240</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHESTER CNTY PA 4.981 SCH LEAS</BondNm>
        <EOYBookValueAmt>109161</EOYBookValueAmt>
        <EOYFMVAmt>98973</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INDIANA ST 4.302% BANK REV</BondNm>
        <EOYBookValueAmt>110909</EOYBookValueAmt>
        <EOYFMVAmt>106968</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SNOMISH CTY WA 3.549% HOSP</BondNm>
        <EOYBookValueAmt>112060</EOYBookValueAmt>
        <EOYFMVAmt>105102</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DC UNIV - HOWARD 5.991% REV TA</BondNm>
        <EOYBookValueAmt>113862</EOYBookValueAmt>
        <EOYFMVAmt>107695</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KANSAS ST 5.5% ST PROJ BAB DUE</BondNm>
        <EOYBookValueAmt>114216</EOYBookValueAmt>
        <EOYFMVAmt>105248</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNIV OF ALABAMA 4.64% GEN REV</BondNm>
        <EOYBookValueAmt>117878</EOYBookValueAmt>
        <EOYFMVAmt>108803</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MAHTOMEDIA MN 5% SCH DIST TAX</BondNm>
        <EOYBookValueAmt>118616</EOYBookValueAmt>
        <EOYFMVAmt>106618</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COLUMBIA MO 5.44% SWR WTR TAX</BondNm>
        <EOYBookValueAmt>130144</EOYBookValueAmt>
        <EOYFMVAmt>117415</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ARIZON ST UNIV 2.294% COPS</BondNm>
        <EOYBookValueAmt>147461</EOYBookValueAmt>
        <EOYFMVAmt>148753</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ORCHARD TX 4.728% EDE FAC</BondNm>
        <EOYBookValueAmt>148121</EOYBookValueAmt>
        <EOYFMVAmt>139238</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FED HOME LOAN BANK 2.2% NOTE</BondNm>
        <EOYBookValueAmt>148853</EOYBookValueAmt>
        <EOYFMVAmt>136305</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ELIZABETH NJ 2.926% TAX REF</BondNm>
        <EOYBookValueAmt>153046</EOYBookValueAmt>
        <EOYFMVAmt>151425</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CALLAWAY CNTY MO 2.75% IND DEV</BondNm>
        <EOYBookValueAmt>160025</EOYBookValueAmt>
        <EOYFMVAmt>161060</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FREMONT MI 4.62% SCH DIST BAB</BondNm>
        <EOYBookValueAmt>161665</EOYBookValueAmt>
        <EOYFMVAmt>157687</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MIAMI BEACH FL 4.93% REDEV</BondNm>
        <EOYBookValueAmt>161776</EOYBookValueAmt>
        <EOYFMVAmt>156334</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KANSAS ST 3.933% K STATE TAX D</BondNm>
        <EOYBookValueAmt>162860</EOYBookValueAmt>
        <EOYFMVAmt>152563</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PENDER CTY NE 9% HLTH CARE</BondNm>
        <EOYBookValueAmt>163452</EOYBookValueAmt>
        <EOYFMVAmt>153837</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COUNCIL BLUFFS IA 5.5% TAX 6/1/23</BondNm>
        <EOYBookValueAmt>167278</EOYBookValueAmt>
        <EOYFMVAmt>157546</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COLORADO RIVER TX 1.5% WTR DIS</BondNm>
        <EOYBookValueAmt>171268</EOYBookValueAmt>
        <EOYFMVAmt>171275</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PORTLAND OR 5.36% URBAN RENW B</BondNm>
        <EOYBookValueAmt>173387</EOYBookValueAmt>
        <EOYFMVAmt>164129</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNIVERSITY OF NORTH TX 3.2% ED</BondNm>
        <EOYBookValueAmt>177928</EOYBookValueAmt>
        <EOYFMVAmt>161687</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PIMA CT AZ 5.5% SCH DIS 7/1/21</BondNm>
        <EOYBookValueAmt>178756</EOYBookValueAmt>
        <EOYFMVAmt>176880</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COLUMBUS OH 2.483% GEN OBL</BondNm>
        <EOYBookValueAmt>189079</EOYBookValueAmt>
        <EOYFMVAmt>173692</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FAIRFIELD OH 4.44% ROAD IMP BA</BondNm>
        <EOYBookValueAmt>196300</EOYBookValueAmt>
        <EOYFMVAmt>178186</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MASSACHUSETTS 4.775% DEV MIL</BondNm>
        <EOYBookValueAmt>196599</EOYBookValueAmt>
        <EOYFMVAmt>185218</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MILWAUKEE WI 2.18% GEN OBL 2/1/18</BondNm>
        <EOYBookValueAmt>201143</EOYBookValueAmt>
        <EOYFMVAmt>201928</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ST LOUIS CNT MO 3% SPL OBL 12/1/21</BondNm>
        <EOYBookValueAmt>201501</EOYBookValueAmt>
        <EOYFMVAmt>190321</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ONSLOW CNTY NC 1.72% GENL OBLI</BondNm>
        <EOYBookValueAmt>201785</EOYBookValueAmt>
        <EOYFMVAmt>194179</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AMERICAN EXPRESS 1.4 CD DUE 10</BondNm>
        <EOYBookValueAmt>201866</EOYBookValueAmt>
        <EOYFMVAmt>202225</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TENNESSEE ST 2.379% SCH DIST T</BondNm>
        <EOYBookValueAmt>204865</EOYBookValueAmt>
        <EOYFMVAmt>187075</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JEFFERSON LA 5.8% SALES TX 12/1/19</BondNm>
        <EOYBookValueAmt>207923</EOYBookValueAmt>
        <EOYFMVAmt>194186</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KANSAS CITY MO 3.68% REF IMPT</BondNm>
        <EOYBookValueAmt>215525</EOYBookValueAmt>
        <EOYFMVAmt>199799</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>LAS VEGAS VALLEY NV 3.708% WTR</BondNm>
        <EOYBookValueAmt>217381</EOYBookValueAmt>
        <EOYFMVAmt>208860</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GUNNISON CNTY CO 3.75% COPS BL</BondNm>
        <EOYBookValueAmt>240725</EOYBookValueAmt>
        <EOYFMVAmt>231332</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FHLB 1% STEP UP 6/20/23</BondNm>
        <EOYBookValueAmt>244010</EOYBookValueAmt>
        <EOYFMVAmt>240634</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DECATUR MI 6.45% PUB SCH DUE 5</BondNm>
        <EOYBookValueAmt>245000</EOYBookValueAmt>
        <EOYFMVAmt>210550</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANCO POPULAR .55% CD DUE 01/2</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BMW BANK NA .75</BondNm>
        <EOYBookValueAmt>249750</EOYBookValueAmt>
        <EOYFMVAmt>250626</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CUYAHOGA CNTY OH 5.284% ECON</BondNm>
        <EOYBookValueAmt>271643</EOYBookValueAmt>
        <EOYFMVAmt>254556</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>STATE BANK OF INDIA 2% CD DUE</BondNm>
        <EOYBookValueAmt>250000</EOYBookValueAmt>
        <EOYFMVAmt>255102</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CIT BANK 1.5% CD DUE 5/30/17</BondNm>
        <EOYBookValueAmt>250000</EOYBookValueAmt>
        <EOYFMVAmt>253143</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DISCOVER BANK 1.8% CD DUE 6/06</BondNm>
        <EOYBookValueAmt>250000</EOYBookValueAmt>
        <EOYFMVAmt>255594</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BEAL BANK .5% BANK CD DUE 6/05</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ALLY BANK .80% CD DUE 6/6/14</BondNm>
        <EOYBookValueAmt>250000</EOYBookValueAmt>
        <EOYFMVAmt>250683</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SAFRA NAT BANK .75% CD DUE 12/</BondNm>
        <EOYBookValueAmt>250000</EOYBookValueAmt>
        <EOYFMVAmt>250889</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SOVEREIGN BANK .75% BANK CD DU</BondNm>
        <EOYBookValueAmt>250000</EOYBookValueAmt>
        <EOYFMVAmt>250618</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GOLDMAN SACHS 1.1% BANK CD DUE</BondNm>
        <EOYBookValueAmt>250000</EOYBookValueAmt>
        <EOYFMVAmt>252178</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GE CAPITAL RETAIL 1.35% CD DUE</BondNm>
        <EOYBookValueAmt>250000</EOYBookValueAmt>
        <EOYFMVAmt>253509</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COMPASS BANK .55% CD DUE 6/07/</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HUNTINGTON BANK .45% CD DUE 6/</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GE CAPITAL FINANCIAL 1.1% CD D</BondNm>
        <EOYBookValueAmt>250000</EOYBookValueAmt>
        <EOYFMVAmt>251972</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SALLIE MAE BANK 1% CD DUE 7/25</BondNm>
        <EOYBookValueAmt>250025</EOYBookValueAmt>
        <EOYFMVAmt>252026</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF INDIA NY .4% CD DUE 05</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HANCOCK BANK .4% CD DUE 5/21/1</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF HAPOLIM BM NY .5% CD D</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PIERRE SD .96% SCH DIST 8/1/15</BondNm>
        <EOYBookValueAmt>250847</EOYBookValueAmt>
        <EOYFMVAmt>250723</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BERKS CNTY PA 2.728% SER A TAX</BondNm>
        <EOYBookValueAmt>251872</EOYBookValueAmt>
        <EOYFMVAmt>232494</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNIV OF OKLAHOMA 2.793 REV TAX</BondNm>
        <EOYBookValueAmt>251965</EOYBookValueAmt>
        <EOYFMVAmt>230456</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HUDSON NY 4.35% SCH DIST TAX D</BondNm>
        <EOYBookValueAmt>252025</EOYBookValueAmt>
        <EOYFMVAmt>219870</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KENTUCKY ST 4.44% PROP &amp; BLDG</BondNm>
        <EOYBookValueAmt>252326</EOYBookValueAmt>
        <EOYFMVAmt>243999</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AUSTIN TX 2.206% ELEC SYS TAX</BondNm>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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        <GrossSalesAmt>950538</GrossSalesAmt>
        <CostOfGoodsSoldAmt>743691</CostOfGoodsSoldAmt>
        <NetAmt>206847</NetAmt>
      </InventorySaleGrp>
    </SalesOfInventoryList>
    <TaxesSchedule documentId="RetDoc16">
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAX</CategoryTxt>
        <Amt>15430</Amt>
        <AdjustedNetIncomeAmt>15430</AdjustedNetIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAX</CategoryTxt>
        <Amt>14878</Amt>
        <AdjustedNetIncomeAmt>14878</AdjustedNetIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>4898</Amt>
        <NetInvestmentIncomeAmt>4898</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL INCOME TAX</CategoryTxt>
        <Amt>3220</Amt>
        <NetInvestmentIncomeAmt>3220</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>