The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Abbott Laboratories COM 002824100 224 2,584 SH   SOLE 1 0 0 2,584
Aberdeen Global Premier Properties Fund COM 00302L108 6,387 985,605 SH   SOLE 1 985,605 0 0
Accenture PLC COM G1151C101 196 929 SH   SOLE 1 0 0 929
Activision Blizzard Inc. COM 00507V109 222 3,741 SH   SOLE 1 647 0 3,094
Adams Express Co COM 006212104 20,064 1,272,310 SH   SOLE 1 1,272,310 0 0
Adams Natural Resources Fund COM 00548F105 2,877 174,781 SH   SOLE 1 174,781 0 0
AGIC Convertible & Income FD II COM 018825109 9,550 1,865,198 SH   SOLE 1 1,865,198 0 0
AGIC Convertible & Income Fund COM 018828103 3,217 559,524 SH   SOLE 1 559,524 0 0
AGIC Equity & Convertible Income COM 018829101 4,181 184,522 SH   SOLE 1 184,522 0 0
Agree Realty Corp. COM 008492100 106,605 1,519,244 SH   SOLE 1, 2 1,213,262 0 305,982
Air Products and Chemicals Inc. COM 009158106 261 1,109 SH   SOLE 1 0 0 1,109
Alibaba Group Holding Ltd ADR 01609W102 30 141 SH   SOLE 1 141 0 0
AllianceBernstein Global High Income Fund COM 01879R106 4,625 381,302 SH   SOLE 1 381,302 0 0
Alliant Energy Corporation COM 018802108 168,899 3,086,604 SH   SOLE 1, 2 2,921,902 0 164,702
Allianzgi Diverified Income COM 01883J108 2,004 81,468 SH   SOLE 1 81,468 0 0
Alphabet Inc CL A COM 02079K305 699 522 SH   SOLE 1 52 0 470
Alpine Total Dynamic Dividend Fund COM 00326L100 4,452 497,405 SH   SOLE 1 497,405 0 0
Altus Midstream Co COM 02215L100 2,645 924,905 SH   SOLE 1 924,905 0 0
Amazon.com Inc. COM 023135106 689 373 SH   SOLE 1 54 0 319
American Assets Trust Inc. COM 024013104 9,915 216,013 SH   SOLE 1 216,013 0 0
American Campus Communities COM 024835100 1,006 21,396 SH   SOLE 1 21,396 0 0
American Homes 4 Rent-CL COM 02665T306 91,596 3,494,689 SH   SOLE 1 3,054,995 0 439,694
American Tower Corporation COM 03027X100 2,075,534 9,031,127 SH   SOLE 1, 2 8,924,470 0 106,657
American Water Works Company Inc. COM 030420103 197,224 1,605,409 SH   SOLE 1, 2 1,538,917 0 66,492
Americold Realty Trust COM 03064D108 104,546 2,981,928 SH   SOLE 1, 2 2,288,115 0 693,813
Amphenol Corporation COM 032095101 13 121 SH   SOLE 1 121 0 0
Analog Devices Inc. COM 032654105 37 309 SH   SOLE 1 309 0 0
Antero Midstream Corp COM 03676B102 13,014 1,714,583 SH   SOLE 1 1,714,583 0 0
Anthem Inc. COM 036752103 574 1,902 SH   SOLE 1 0 0 1,902
Apartment Investment & Management Co. COM 03748R754 595,950 11,538,241 SH   SOLE 1 6,466,510 0 5,071,731
Apple Hospitality REIT Inc COM 03784Y200 410 25,208 SH   SOLE 1 25,208 0 0
APPLE Inc. COM 037833100 960 3,269 SH   SOLE 1 290 0 2,979
Archer-Daniels-Midland Company COM 039483102 11,570 249,626 SH   SOLE 1 245,906 0 3,720
Archrock Inc. COM 03957W106 6,140 611,580 SH   SOLE 1 611,580 0 0
Ares Dynamic Credit Allocation COM 04014F102 6,628 431,762 SH   SOLE 1 431,762 0 0
Artista Networks Inc COM 040413106 7 35 SH   SOLE 1 35 0 0
AT&T Inc. COM 00206R102 425 10,864 SH   SOLE 1 0 0 10,864
Atlantica Yield PLC COM G0751N103 65 2,449 SH   SOLE 1 2,449 0 0
Atmos Energy Corp. COM 049560105 81,051 724,571 SH   SOLE 1, 2 700,703 0 23,868
AvalonBay Communities Inc. COM 053484101 494,145 2,356,439 SH   SOLE 1 2,118,679 0 237,760
Bancroft Fund Ltd. COM 059695106 3,617 138,593 SH   SOLE 1 138,593 0 0
Bank of America 7.25 CV Pfd. L PFD 060505682 290 200 SH   SOLE 1 200 0 0
Bank of America Corporation COM 060505104 402 11,401 SH   SOLE 1 0 0 11,401
Barrick Gold Corp. COM 067901108 7,448 400,661 SH   SOLE 1 400,661 0 0
Blackrock Core Bond Trust COM 09249E101 887 60,826 SH   SOLE 1 60,826 0 0
Blackrock Corporate High Yield Fund 6 COM 09255P107 8,385 748,648 SH   SOLE 1 748,648 0 0
Blackrock Enh Cap And Inc COM 09256A109 7,157 414,911 SH   SOLE 1 414,911 0 0
Blackrock Float Rt Income St COM 09255X100 640 47,591 SH   SOLE 1 47,591 0 0
Blackrock Glbl Flt Rt Inc Tr COM 091941104 338 26,240 SH   SOLE 1 26,240 0 0
Blackrock Ins Municipal Income Trust COM 092479104 47 3,344 SH   SOLE 1 3,344 0 0
Blackrock Invt Quality Muni COM 09247D105 1,558 99,997 SH   SOLE 1 99,997 0 0
Blackrock Limited Duration Income Trust COM 09249W101 5,860 357,530 SH   SOLE 1 357,530 0 0
BlackRock Long-Tm Muni Adv Tst COM 09250B103 58 4,545 SH   SOLE 1 4,545 0 0
BlackRock Multi-Sector Inc Tst COM 09258A107 7,039 435,599 SH   SOLE 1 435,599 0 0
BlackRock Muni Income Inv Qual COM 09250G102 715 50,303 SH   SOLE 1 50,303 0 0
BlackRock Muni Target Term Tr COM 09257P105 1,672 69,111 SH   SOLE 1 69,111 0 0
BlackRock Municipal Bond Trust COM 09249H104 163 10,480 SH   SOLE 1 10,480 0 0
Blackrock Municipal Income Trust COM 09248F109 609 42,990 SH   SOLE 1 42,990 0 0
Blackrock Munienhanced Fund COM 09253Y100 1,344 120,387 SH   SOLE 1 120,387 0 0
BlackRock MuniHoldings Fd II COM 09253P109 242 15,915 SH   SOLE 1 15,915 0 0
Blackrock Muniholdings In Ii COM 09254C107 818 64,908 SH   SOLE 1 64,908 0 0
Blackrock Muniholdings Ny In COM 09255C106 1,044 76,617 SH   SOLE 1 76,617 0 0
Blackrock Muniholdings Quality COM 09254A101 526 41,877 SH   SOLE 1 41,877 0 0
Blackrock Munivest Fund COM 09253R105 1,889 207,362 SH   SOLE 1 207,362 0 0
Blackrock Munivest Fund Ii COM 09253T101 59 4,009 SH   SOLE 1 4,009 0 0
Blackrock Muniyield Fund COM 09253W104 288 19,436 SH   SOLE 1 19,436 0 0
Blackrock Muniyield Insured COM 09254E103 1,954 144,771 SH   SOLE 1 144,771 0 0
Blackrock Muniyield Ny Insur COM 09255E102 336 25,700 SH   SOLE 1 25,700 0 0
Blackrock Muniyield Qual Ii COM 09254G108 1,915 147,272 SH   SOLE 1 147,272 0 0
Blackrock Muniyield Quality COM 09254F100 2,392 158,959 SH   SOLE 1 158,959 0 0
BlackRock NY Muni Income Trust COM 09248L106 260 18,531 SH   SOLE 1 18,531 0 0
BlackRock Strategic Muni Trust COM 09248T109 69 4,952 SH   SOLE 1 4,952 0 0
Boston Properties Inc. COM 101121101 194,031 1,407,446 SH   SOLE 1 591,237 0 816,209
Boyd Gaming Corp. COM 103304101 275,741 9,209,778 SH   SOLE 1, 2 7,723,736 0 1,486,042
Bp Midstream Partners Lp COM 0556EL109 6,008 384,884 SH   SOLE 1 384,884 0 0
BRF - Brasil Foods SA ADR ADR 10552T107 3,284 377,425 SH   SOLE 1 377,425 0 0
Broadcom Inc COM 11135F101 583 1,846 SH   SOLE 1 291 0 1,555
Bunge Limited COM G16962105 4,101 71,265 SH   SOLE 1 71,265 0 0
Calamos Convertible & High Income Fund COM 12811P108 7,800 684,204 SH   SOLE 1 684,204 0 0
Calamos Convertible Opp&Inc COM 128117108 6,161 560,128 SH   SOLE 1 560,128 0 0
Calamos Dynamic Convertible & Income Fund COM 12811V105 2,580 121,942 SH   SOLE 1 121,942 0 0
Camden Property Trust COM 133131102 462 4,355 SH   SOLE 1 4,355 0 0
Caterpillar Inc. COM 149123101 367 2,485 SH   SOLE 1 0 0 2,485
CBRE Clarion Global Real Estate Income Fund COM 12504G100 3,101 386,643 SH   SOLE 1 386,643 0 0
CBRE Group Inc. COM 12504L109 150,852 2,461,278 SH   SOLE 1 2,090,130 0 371,148
Celanese Corporation COM 150870103 82 667 SH   SOLE 1 0 0 667
Cemig SA -Sponsored ADR ADR 204409601 1,878 550,762 SH   SOLE 1 550,762 0 0
CenterPoint Energy Inc. COM 15189T107 275 10,081 SH   SOLE 1 10,081 0 0
CF Industries Holdings Inc. COM 125269100 8,042 168,450 SH   SOLE 1 168,450 0 0
Cheniere Energy Inc. COM 16411R208 125,410 2,053,541 SH   SOLE 1, 2 1,911,222 0 142,319
Chesapeake Utils Cor COM 165303108 18 188 SH   SOLE 1 188 0 0
Chevron Corporation COM 166764100 9,327 77,400 SH   SOLE 1 77,400 0 0
Chubb Ltd COM H1467J104 304 1,950 SH   SOLE 1 0 0 1,950
Cia De Saneamento Basico ADR ADR 20441A102 5,766 383,099 SH   SOLE 1 383,099 0 0
Cisco Systems Inc. COM 17275R102 462 9,630 SH   SOLE 1 1,921 0 7,709
Clough Global Allocation Fd COM 18913Y103 776 70,832 SH   SOLE 1 70,832 0 0
Clough Global Equity Fund COM 18914C100 225 18,643 SH   SOLE 1 18,643 0 0
CMS Energy Corporation COM 125896100 87,081 1,385,762 SH   SOLE 1, 2 1,351,441 0 34,321
CNX Midstream Partners LP COM 12654A101 2,099 127,538 SH   SOLE 1 127,538 0 0
Colgate-Palmolive Company COM 194162103 330 4,788 SH   SOLE 1 0 0 4,788
Columbia Property Trust Inc. COM 198287203 165,299 7,905,246 SH   SOLE 1, 2 7,181,686 0 723,560
Columbia Selig Prem Tech Equity COM 19842X109 2,564 108,890 SH   SOLE 1 108,890 0 0
Conocophillips COM 20825C104 5,975 91,882 SH   SOLE 1 91,882 0 0
Constellium Se COM F21107101 2,717 202,751 SH   SOLE 1 202,751 0 0
Consumer Discretionary Selt COM 81369Y407 12,152 96,894 SH   SOLE 1 96,894 0 0
Corteva Inc-W/I COM 22052L104 5,080 171,869 SH   SOLE 1 171,869 0 0
Cousins Properties Inc. COM 222795502 163,475 3,967,849 SH   SOLE 1 0 0 3,967,849
Crestwood Equity Partners LP COM 226344208 11,633 377,458 SH   SOLE 1 377,458 0 0
Crown Castle International Corp 6.875 Pfd A PFD 22822V309 26,043 20,300 SH   SOLE 1 20,300 0 0
Crown Castle International Corp. COM 22822V101 919,604 6,469,251 SH   SOLE 1, 2 6,390,321 0 78,930
CubeSmart COM 229663109 87,512 2,779,933 SH   SOLE 1 2,695,961 0 83,972
CVS Health Corporation COM 126650100 416 5,595 SH   SOLE 1 0 0 5,595
CyrusOne Inc COM 23283R100 510,280 7,798,865 SH   SOLE 1, 2 5,963,417 0 1,835,448
Danaher Corporation COM 235851102 116 758 SH   SOLE 1 0 0 758
DCP Midstream Partners LP COM 23311P100 118 4,805 SH   SOLE 1 4,805 0 0
Deere & Company COM 244199105 3,439 19,850 SH   SOLE 1 19,850 0 0
Delta Air Lines Inc. COM 247361702 29 489 SH   SOLE 1 489 0 0
Diamondback Energy Inc COM 25278X109 9,572 103,075 SH   SOLE 1 100,638 0 2,437
Digital Realty Trust Inc. COM 253868103 782,850 6,537,914 SH   SOLE 1, 2 3,040,946 0 3,496,968
Dollar Tree Inc. COM 256746108 468 4,980 SH   SOLE 1 0 0 4,980
Dominion Resources Inc. COM 25746U109 90,230 1,089,477 SH   SOLE 1, 2 999,256 0 90,221
Doubleline Income Solutions COM 258622109 3,834 194,011 SH   SOLE 1 194,011 0 0
Douglas Emmett Inc. COM 25960P109 144,829 3,299,065 SH   SOLE 1 1,015,631 0 2,283,434
Dte Energy Company COM 233331107 65,981 508,056 SH   SOLE 1, 2 504,812 0 3,244
Duke Energy Corporation COM 26441C204 198,311 2,174,229 SH   SOLE 1, 2 2,056,622 0 117,607
Duke Realty Corporation COM 264411505 896,227 25,850,229 SH   SOLE 1, 2 14,357,377 0 11,492,852
Eaton Corporation plc COM G29183103 253 2,671 SH   SOLE 1 0 0 2,671
Eaton Vance Insured Muni Bnd COM 27827X101 327 25,415 SH   SOLE 1 25,415 0 0
Eaton Vance Limited Duration Fund COM 27828H105 8,183 617,549 SH   SOLE 1 617,549 0 0
Eaton Vance Muni Income Trust COM 27826U108 827 64,893 SH   SOLE 1 64,893 0 0
Eaton Vance Senior Income Trust COM 27826S103 2,948 459,927 SH   SOLE 1 459,927 0 0
Eaton Vance Sr Fltg Rate Trust COM 27828Q105 5,181 382,359 SH   SOLE 1 382,359 0 0
Eaton Vance T/A Global Dividend Income COM 27828S101 13,413 744,320 SH   SOLE 1 744,320 0 0
Eaton Vance Tax Man Global Br COM 27829C105 6,534 630,043 SH   SOLE 1 630,043 0 0
Eaton Vance Tax-Adv Dvd. Inc. Fund COM 27828G107 6,990 273,886 SH   SOLE 1 273,886 0 0
Eaton Vance Tax-Managed Dividend COM 27828N102 1,920 153,349 SH   SOLE 1 153,349 0 0
Eaton Vance Tax-Managed Global COM 27829F108 14,150 1,611,611 SH   SOLE 1 1,611,611 0 0
Ecolab Inc. COM 278865100 111 575 SH   SOLE 1 0 0 575
Edison International COM 281020107 107,214 1,421,751 SH   SOLE 1, 2 1,358,640 0 63,111
Ellsworth Fund Ltd. COM 289074106 266 22,644 SH   SOLE 1 22,644 0 0
Empire State Realty Trust COM 292104106 274,877 19,690,361 SH   SOLE 1, 2 16,843,232 0 2,847,129
Enable Midstream Partners LP COM 292480100 13,717 1,367,640 SH   SOLE 1 1,367,640 0 0
Enbridge Inc COM 29250N105 1,866 46,926 SH   SOLE 1 46,926 0 0
Energy Transfer LP COM 29273V100 81,079 6,319,500 SH   SOLE 1 6,270,394 0 49,106
Enlink Midstream LLC COM 29336T100 12,046 1,965,089 SH   SOLE 1 1,965,089 0 0
Enterprise Products Partners COM 293792107 87,722 3,115,145 SH   SOLE 1 3,066,974 0 48,171
Entertainment Properties Trust Pfd. E PFD 26884U307 8,822 231,000 SH   SOLE 1 231,000 0 0
EOG Resources Inc. COM 26875P101 12,458 148,732 SH   SOLE 1 145,629 0 3,103
EQT Midstream Partners LP COM 26885B100 11,825 395,361 SH   SOLE 1 395,361 0 0
Equinix Inc. COM 29444U700 2,089,381 3,579,546 SH   SOLE 1, 2 2,169,427 0 1,410,119
Equitrans Midstream Corp-W/I COM 294600101 19,877 1,487,834 SH   SOLE 1 1,487,834 0 0
Equity Lifestyle Properties COM 29472R108 6,767 96,141 SH   SOLE 1 96,141 0 0
Equity Residential COM 29476L107 588,714 7,275,261 SH   SOLE 1, 2 4,208,042 0 3,067,219
Essential Properties Realty COM 29670E107 65,708 2,648,456 SH   SOLE 1 2,565,192 0 83,264
Essex Property Trust Inc. COM 297178105 1,341,439 4,458,681 SH   SOLE 1, 2 2,543,418 0 1,915,263
Eversource Energy COM 30040W108 329 3,871 SH   SOLE 2 0 0 3,871
Extra Space Storage Inc. COM 30225T102 1,091,305 10,332,367 SH   SOLE 1, 2 5,733,563 0 4,598,804
Exxon Mobil Corporation COM 30231G102 612 8,774 SH   SOLE 1 8,774 0 0
Federal Realty Investment Trust COM 313747206 743 5,775 SH   SOLE 1 5,775 0 0
FedEx Corporation COM 31428X106 59 387 SH   SOLE 1 387 0 0
Financial Select Sector SPDR COM 81369Y605 3,913 127,135 SH   SOLE 1 127,135 0 0
First Trust Aberdeen Global Fund COM 337319107 878 78,500 SH   SOLE 1 78,500 0 0
First Trust Energy Income and Growth Fund COM 33738G104 5,377 237,799 SH   SOLE 1 237,799 0 0
First Trust Intermediate Duration Pref & Inc Fund COM 33718W103 1,615 68,475 SH   SOLE 1 68,475 0 0
First Trust MLP and Energy Inc COM 33739B104 5,265 440,973 SH   SOLE 1 440,973 0 0
First Trust New Opportunites MLP COM 33739M100 6,716 719,811 SH   SOLE 1 719,811 0 0
Firstenergy Corp. COM 337932107 203,854 4,194,527 SH   SOLE 1, 2 4,019,679 0 174,848
Flah & Crum/Claymore Preferred S I COM 338478100 4,567 210,537 SH   SOLE 1 210,537 0 0
Flaherty & Crumrine Dynamic COM 33848W106 7,046 263,286 SH   SOLE 1 263,286 0 0
FMC Corporation COM 302491303 12,319 123,412 SH   SOLE 1 123,412 0 0
Four Corners Property Trust COM 35086T109 56,436 2,002,003 SH   SOLE 1 1,234,223 0 767,780
Franklin Limited Duration Income Trust COM 35472T101 2,006 209,168 SH   SOLE 1 209,168 0 0
Freeport-Mcmoran Inc. COM 35671D857 5,199 396,296 SH   SOLE 1 396,296 0 0
Gabelli Dividend & Income Trust COM 36242H104 17,126 780,247 SH   SOLE 1 780,247 0 0
Gabelli Equity Trust COM 362397101 2,466 404,919 SH   SOLE 1 404,919 0 0
Gaming and Leisure Prop COM 36467J108 1,383 32,135 SH   SOLE 1 32,135 0 0
GasLog Ltd. COM G37585109 4,762 486,444 SH   SOLE 1 486,444 0 0
GasLog Partners LP COM Y2687W108 4,685 299,536 SH   SOLE 1 299,536 0 0
Gds Holdings Ltd - Adr ADR 36165L108 98,149 1,902,858 SH   SOLE 1, 2 1,639,971 0 262,887
General American Investors COM 368802104 7,733 204,908 SH   SOLE 1 204,908 0 0
Genesis Energy LP COM 371927104 3,435 167,718 SH   SOLE 1 167,718 0 0
Golar LNG Ltd COM G9456A100 1,647 115,854 SH   SOLE 1 115,854 0 0
Grupo Aeroportuario PAC - ADR ADR 400506101 25,451 214,578 SH   SOLE 1, 2 163,373 0 51,205
Healthcare Trust of America COM 42225P501 654,408 21,611,886 SH   SOLE 1, 2 13,785,477 0 7,826,409
HEALTHPEAK PROPERTIES INC COM 42250P103 347,517 10,081,711 SH   SOLE 1, 2 6,656,746 0 3,424,965
Hess Midstream Lp - Class A COM 428103105 4,393 193,703 SH   SOLE 1 193,703 0 0
Highwoods Properties Inc. COM 431284108 945 19,327 SH   SOLE 1 19,327 0 0
Hilton Inc. COM 43300A203 272,231 2,454,522 SH   SOLE 1, 2 2,176,677 0 277,845
Host Hotels & Resorts Inc. COM 44107P104 454,507 24,501,719 SH   SOLE 1, 2 13,667,710 0 10,834,009
HSBC Holdings PLC 6.20 Pfd. A PFD 404280604 358 13,317 SH   SOLE 1 13,317 0 0
Hudson Pacific Properties COM 444097109 717,695 19,062,295 SH   SOLE 1 12,161,391 0 6,900,904
I Shares Gold Trust COM 464285105 16,217 1,118,445 SH   SOLE 1 1,118,445 0 0
Intel Corporation COM 458140100 388 6,486 SH   SOLE 1 0 0 6,486
Intercontinental Exchange Inc. COM 45866F104 367 3,970 SH   SOLE 1 0 0 3,970
Interxion Holding Nv COM N47279109 347,610 4,147,596 SH   SOLE 1, 2 3,648,314 0 499,282
Invesco Dynamic Credit Opp Fund COM 46132R104 2,045 180,212 SH   SOLE 1 180,212 0 0
Invesco Van Kampen Muni Trust COM 46131J103 310 25,055 SH   SOLE 1 25,055 0 0
Invitation Homes Inc COM 46187W107 1,117,726 37,294,829 SH   SOLE 1, 2 23,058,260 0 14,236,569
iShares MSCI Emerging Market COM 464287234 1,781 39,690 SH   SOLE 1 39,690 0 0
iShares Nasdaq Biotechnology COM 464287556 2,073 17,201 SH   SOLE 1 17,201 0 0
iShares U.S. Preferred Stock ETF COM 464288687 413 10,984 SH   SOLE 1 10,984 0 0
John Hancock Bank and Thrift Opportunity Fund COM 409735206 2,805 77,269 SH   SOLE 1 77,269 0 0
John Hancock Preferred Income III COM 41021P103 3,415 177,027 SH   SOLE 1 177,027 0 0
John Hancock T/A Dividend Income Fund COM 41013V100 8,399 307,205 SH   SOLE 1 307,205 0 0
Johnson & Johnson COM 478160104 461 3,160 SH   SOLE 1 0 0 3,160
Jones Lang Lasalle Inc. COM 48020Q107 214,719 1,233,380 SH   SOLE 1, 2 1,076,318 0 157,062
JPMorgan Chase & Co. COM 46625H100 593 4,255 SH   SOLE 1 0 0 4,255
Kayne Anderson MidstreamEnergy COM 48661E108 1,986 188,798 SH   SOLE 1 188,798 0 0
Kayne Anderson MLP Investment COM 486606106 13,642 979,335 SH   SOLE 1 979,335 0 0
Kilroy Realty Corp. COM 49427F108 957,339 11,410,480 SH   SOLE 1, 2 7,610,039 0 3,800,441
Kimco Realty Corporation COM 49446R109 216,737 10,465,347 SH   SOLE 1, 2 7,829,777 0 2,635,570
Kinder Morgan Inc. COM 49456B101 211,616 9,996,040 SH   SOLE 1, 2 9,357,100 0 638,940
Laboratory Corporation of America Holdings COM 50540R409 363 2,144 SH   SOLE 1 0 0 2,144
Lamar Advertising Co COM 512816109 177,779 1,991,702 SH   SOLE 1 329,193 0 1,662,509
Legg Mason BW Global Income COM 10537L104 4,288 339,519 SH   SOLE 1 339,519 0 0
Lexington Realty Trust Pfd. C PFD 529043309 13,255 232,504 SH   SOLE 1 169,029 0 63,475
Liberty Property Trust COM 531172104 224,222 3,733,925 SH   SOLE 1 3,620,608 0 113,317
LMP Corp.orate Loan Fund Inc. COM 95790J102 1,007 101,570 SH   SOLE 1 101,570 0 0
Macquarie Infrastruc COM 55608B105 36,320 847,797 SH   SOLE 1, 2 751,337 0 96,460
Magellan Midstream Partners COM 559080106 15,437 245,534 SH   SOLE 1 245,534 0 0
MasterCard Incorporated COM 57636Q104 105 351 SH   SOLE 1 351 0 0
Medical Properties Trust Inc. COM 58463J304 669,726 31,725,541 SH   SOLE 1, 2 21,378,819 0 10,346,722
Medtronic plc COM G5960L103 379 3,337 SH   SOLE 1 0 0 3,337
MFS Multimarket Income Trust COM 552737108 2,758 450,706 SH   SOLE 1 450,706 0 0
MFS Municipal Income Trust COM 552738106 41 5,820 SH   SOLE 1 5,820 0 0
Mge Energy Inc COM 55277P104 30 381 SH   SOLE 1 381 0 0
MGM Growth Properties LLC COM 55303A105 577 18,640 SH   SOLE 1 18,640 0 0
Microchip Technology Incorporated COM 595017104 228 2,175 SH   SOLE 1 249 0 1,926
Micron Technology Inc. COM 595112103 47 872 SH   SOLE 1 872 0 0
Microsoft Corporation COM 594918104 824 5,224 SH   SOLE 1 815 0 4,409
Mid-America Apartment Communities COM 59522J103 922 6,995 SH   SOLE 1 6,995 0 0
Mongodb Inc COM 60937P106 44 337 SH   SOLE 1 337 0 0
Morgan Stanley COM 617446448 343 6,704 SH   SOLE 1 0 0 6,704
Motorola Solutions Inc. COM 620076307 243 1,510 SH   SOLE 1 372 0 1,138
MPLX LP COM 55336V100 53,134 2,086,951 SH   SOLE 1 2,086,951 0 0
National Retail Properties COM 637417106 159,836 2,980,899 SH   SOLE 1 0 0 2,980,899
Neuberger Berman MLP Income COM 64129H104 2,786 412,091 SH   SOLE 1 412,091 0 0
New America High Income Fund COM 641876800 5,532 605,896 SH   SOLE 1 605,896 0 0
NextEra Energy Inc. COM 65339F101 413,192 1,706,276 SH   SOLE 1, 2 1,618,548 0 87,728
Nextera Energy Partners LP COM 65341B106 51 966 SH   SOLE 1 966 0 0
NiSource Inc. COM 65473P105 20,921 751,455 SH   SOLE 1, 2 743,889 0 7,566
Noble Midstream Partners LP COM 65506L105 6,656 250,601 SH   SOLE 1 250,601 0 0
Norfolk Southern Corporation COM 655844108 156,313 805,195 SH   SOLE 1, 2 801,583 0 3,612
Northrop Grumman Corporation COM 666807102 398 1,158 SH   SOLE 1 0 0 1,158
NorthWestern Corp. COM 668074305 120,764 1,685,006 SH   SOLE 1, 2 1,616,708 0 68,298
Nucor Corporation COM 670346105 3,065 54,462 SH   SOLE 1 54,462 0 0
NuStar Energy LP COM 67058H102 1,831 70,819 SH   SOLE 1 70,819 0 0
Nutrien Ltd COM 67077M108 12,767 266,488 SH   SOLE 1 266,488 0 0
Nuveen Calif Div Advan Muni COM 67066Y105 557 37,428 SH   SOLE 1 37,428 0 0
Nuveen Core Equity Alpha Fund COM 67090X107 9,318 637,321 SH   SOLE 1 637,321 0 0
Nuveen Dividend Adv Muni Fd 3 COM 67070X101 2,055 125,528 SH   SOLE 1 125,528 0 0
Nuveen Dividend Advan Muni Inc COM 67071L106 3,591 215,404 SH   SOLE 1 215,404 0 0
Nuveen Dividend Advantage Muni Fd COM 67066V101 5,261 360,373 SH   SOLE 1 360,373 0 0
Nuveen Enhanced Muni Value Fd COM 67074M101 2,604 175,140 SH   SOLE 1 175,140 0 0
Nuveen Floating Rate Income COM 67072T108 777 75,925 SH   SOLE 1 75,925 0 0
Nuveen Floating Rate Income Opportunity Fund COM 6706EN100 2,922 292,536 SH   SOLE 1 292,536 0 0
Nuveen Ins T/F Adv Municipal COM 670657105 4,916 341,838 SH   SOLE 1 341,838 0 0
Nuveen Multi-Strategy Income & Growth 2 COM 67073D102 10,235 1,334,397 SH   SOLE 1 1,334,397 0 0
Nuveen Muni High Incm Opport COM 670682103 866 61,034 SH   SOLE 1 61,034 0 0
Nuveen Municipal Value Fund COM 670928100 1,686 157,607 SH   SOLE 1 157,607 0 0
Nuveen Nasdaq 100 Dynamic COM 670699107 5,665 235,551 SH   SOLE 1 235,551 0 0
Nuveen NY AMT-Free Muni Inc COM 670656107 118 8,708 SH   SOLE 1 8,708 0 0
Nuveen NY Dividend Adv Muni Fd COM 67066X107 189 13,325 SH   SOLE 1 13,325 0 0
Nuveen Preferred & Income Term Fund COM 67075A106 9,207 356,741 SH   SOLE 1 356,741 0 0
Nuveen Preferred Income Opportunities Fund COM 67073B106 11,825 1,130,522 SH   SOLE 1 1,130,522 0 0
Nuveen Real Asset Inc and Grow COM 67074Y105 4,268 232,487 SH   SOLE 1 232,487 0 0
Nuveen Real Estate Income Fund COM 67071B108 2,056 193,559 SH   SOLE 1 193,559 0 0
Nuveen Select Tax Free 2 COM 67063C106 90 5,923 SH   SOLE 1 5,923 0 0
Nuveen Short Duration Credit Fund COM 67074X107 3,752 247,002 SH   SOLE 1 247,002 0 0
Nuveen Tax-Advantaged Dividend Growth Fund COM 67073G105 1,772 102,283 SH   SOLE 1 102,283 0 0
Nuveen TX Quality Inc Muni Fd COM 670983105 693 48,330 SH   SOLE 1 48,330 0 0
Occidental Petroleum Corporation COM 674599105 1,603 38,906 SH   SOLE 1 38,906 0 0
Old Dominion Fght Li COM 679580100 38 200 SH   SOLE 1 200 0 0
Omega Healthcare Investors COM 681936100 64,722 1,528,270 SH   SOLE 1 0 0 1,528,270
ONE Gas Inc W/I COM 68235P108 58,200 621,999 SH   SOLE 1, 2 591,338 0 30,661
Oneok Inc. COM 682680103 26,298 347,535 SH   SOLE 1 347,535 0 0
Park Hotels & Resorts INC-WI COM 700517105 746,293 28,847,827 SH   SOLE 1, 2 19,556,639 0 9,291,188
PBF Logistics LP COM 69318Q104 2,641 130,407 SH   SOLE 1 130,407 0 0
Pebblebrook Hotel Trust COM 70509V100 211,483 7,888,225 SH   SOLE 1, 2 1,922,980 0 5,965,245
Pembina Pipeline Corp On Xnys COM 706327103 927 25,003 SH   SOLE 1 25,003 0 0
Pepsico Inc. COM 713448108 196 1,434 SH   SOLE 1 1,434 0 0
Philip Morris International Inc. COM 718172109 495 5,814 SH   SOLE 1 0 0 5,814
Phillips 66 COM 718546104 173 1,557 SH   SOLE 1 0 0 1,557
Phillips 66 Partners LP COM 718549207 17,523 284,275 SH   SOLE 1 284,275 0 0
Physicians Realty Trust COM 71943U104 481 25,370 SH   SOLE 1 25,370 0 0
Pilgrims Pride Corporation COM 72147K108 3,795 115,990 SH   SOLE 1 115,990 0 0
PIMCO Corporate Opportunity COM 72201B101 1,520 79,982 SH   SOLE 1 79,982 0 0
Pimco Dynamic Credit Income COM 72202D106 21,280 844,442 SH   SOLE 1 844,442 0 0
Pimco Dynamic Income Fund COM 72201Y101 5,369 165,507 SH   SOLE 1 165,507 0 0
Pimco Energy & Tactical Cred COM 69346N107 3,940 238,779 SH   SOLE 1 238,779 0 0
Pimco Income Opportunity Fund COM 72202B100 14,733 530,162 SH   SOLE 1 530,162 0 0
PIMCO Income Strategy Fund II COM 72201J104 13,981 1,320,172 SH   SOLE 1 1,320,172 0 0
Pioneer Diversified High Income COM 723653101 625 42,000 SH   SOLE 1 42,000 0 0
Pioneer Floating Rate Trust COM 72369J102 2,744 250,120 SH   SOLE 1 250,120 0 0
Pioneer High Income Trust COM 72369H106 4,539 475,771 SH   SOLE 1 475,771 0 0
Pioneer Municipal High Income Trust COM 723763108 508 42,050 SH   SOLE 1 42,050 0 0
Plains All American Pipeline LP COM 726503105 30,860 1,678,081 SH   SOLE 1 1,678,081 0 0
Plains GP Holdings LP COM 72651A207 69,809 3,683,852 SH   SOLE 1, 2 3,469,640 0 214,212
PowerShares Preferred Portfolio COM 46138E511 1 83 SH   SOLE 1 83 0 0
PPL Corporation COM 69351T106 52,686 1,468,389 SH   SOLE 1, 2 1,461,489 0 6,900
Principal Real Estate Income Fund COM 74255X104 1,988 94,108 SH   SOLE 1 94,108 0 0
Prologis Inc. COM 74340W103 1,774,566 19,907,628 SH   SOLE 1, 2 11,492,242 0 8,415,386
Public Storage COM 74460D109 1,061,655 4,985,230 SH   SOLE 1, 2 3,477,578 0 1,507,652
Putnam Managed Municipal Income Trust COM 746823103 403 50,476 SH   SOLE 1 50,476 0 0
Putnam Muni Opportunities Tst COM 746922103 401 30,505 SH   SOLE 1 30,505 0 0
Putnam Premier Income Trust COM 746853100 2,018 371,600 SH   SOLE 1 371,600 0 0
QTS Realty Trust Inc. Cl-A COM 74736A103 102,653 1,891,527 SH   SOLE 1 1,692,915 0 198,612
Realty Income Corporation COM 756109104 612,042 8,312,401 SH   SOLE 1, 2 3,123,184 0 5,189,217
Reaves Utility Income Fund COM 756158101 4,008 108,147 SH   SOLE 1 108,147 0 0
Red Rock Resorts Inc. COM 75700L108 123,273 5,147,080 SH   SOLE 1 4,703,038 0 444,042
Regency Centers Corporation COM 758849103 546,212 8,657,657 SH   SOLE 1, 2 4,233,369 0 4,424,288
Rlj Lodging Trust 1.950 Perp Sr:A Cvt PFD 74965L200 4,986 173,664 SH   SOLE 1 19,675 0 153,989
Sabra Healthcare Reit Inc COM 78573L106 259,694 12,169,376 SH   SOLE 1, 2 11,025,535 0 1,143,841
salesforce.com inc. COM 79466L302 58 359 SH   SOLE 1 359 0 0
SBA Communications Corporation COM 78410G104 694,032 2,879,919 SH   SOLE 1, 2 2,838,125 0 41,794
Schlumberger Ltd. COM 806857108 377 9,384 SH   SOLE 1 9,384 0 0
Silver Wheaton Corp COM 962879102 4,004 134,605 SH   SOLE 1 134,605 0 0
Simon Property Group Inc. COM 828806109 1,200,194 8,057,155 SH   SOLE 1, 2 4,684,431 0 3,372,724
SITE Centers Corp COM 82981J109 434,827 31,014,766 SH   SOLE 1, 2 18,403,613 0 12,611,153
Sjw Corp COM 784305104 58 810 SH   SOLE 1 810 0 0
Spdr Gold Minishares Trust COM 98149E204 23,997 1,585,000 SH   SOLE 1 1,585,000 0 0
Spdr Port S&P 500 Value COM 78464A508 2,065 59,138 SH   SOLE 1 59,138 0 0
SPDR S&P Bank ETF COM 78464A797 1,261 26,669 SH   SOLE 1 26,669 0 0
SPDR Trust Series 1 COM 78462F103 14,197 44,109 SH   SOLE 1 44,109 0 0
Spire Inc. COM 84857L101 20 244 SH   SOLE 1 244 0 0
Spirit Realty Capital COM 84860W300 456,481 9,281,852 SH   SOLE 1, 2 8,514,976 0 766,876
Sprague Resources COM 849343108 1,460 86,313 SH   SOLE 1 86,313 0 0
Store Capital Corp COM 862121100 167,951 4,509,967 SH   SOLE 1 4,010,519 0 499,448
Summit Midstream Partners Lp COM 866142102 1,316 397,630 SH   SOLE 1 397,630 0 0
Sun Communities Inc. COM 866674104 289,239 1,926,977 SH   SOLE 1, 2 1,367,690 0 559,287
Sunstone Hotel Investors Inc. COM 867892101 22,177 1,593,174 SH   SOLE 1 1,593,174 0 0
Taiwan Semiconductors ADR ADR 874039100 44 750 SH   SOLE 1 750 0 0
Targa Resources Corp. COM 87612G101 54,537 1,335,705 SH   SOLE 1, 2 1,244,464 0 91,241
Taubman Centers Inc. COM 876664103 175,776 5,653,789 SH   SOLE 1, 2 5,027,113 0 626,676
TC Energy Corp COM 87807B107 2,739 51,388 SH   SOLE 1 51,388 0 0
TC Pipelines LP COM 87233Q108 213 5,032 SH   SOLE 1 5,032 0 0
TE Connectivity Ltd. COM H84989104 369 3,851 SH   SOLE 1 0 0 3,851
Tekla Healthcare Investors COM 87911J103 3,768 180,462 SH   SOLE 1 180,462 0 0
Tekla Healthcare Opportunities Fund COM 879105104 3,946 206,932 SH   SOLE 1 206,932 0 0
Tekla Life Sciences Investors COM 87911K100 4,544 260,702 SH   SOLE 1 260,702 0 0
Tekla World Healthcare Fund COM 87911L108 744 53,687 SH   SOLE 1 53,687 0 0
Teleflex Inc. COM 879369106 271 721 SH   SOLE 1 0 0 721
Tellurian Inc COM 87968A104 3,512 482,464 SH   SOLE 1 482,464 0 0
Templeton Emerging Markets Fd COM 880191101 4,671 299,586 SH   SOLE 1 299,586 0 0
The American Express Co. COM 025816109 252 2,028 SH   SOLE 1 0 0 2,028
The Goldman Sachs Group Inc. COM 38141G104 165 719 SH   SOLE 1 0 0 719
The Hershey Company COM 427866108 251 1,707 SH   SOLE 1 0 0 1,707
The Home Depot Inc. COM 437076102 294 1,346 SH   SOLE 1 0 0 1,346
The Macerich Company COM 554382101 465,285 17,284,008 SH   SOLE 1 11,145,763 0 6,138,245
The PNC Financial Services Group Inc. COM 693475105 125 781 SH   SOLE 1 0 0 781
The Walt Disney Company COM 254687106 623 4,305 SH   SOLE 1 0 0 4,305
The Williams Companies Inc. COM 969457100 72,851 3,071,274 SH   SOLE 1, 2 2,848,022 0 223,252
Thermo Fisher Scientific Inc. COM 883556102 259 798 SH   SOLE 1 0 0 798
Tyson Foods Inc. COM 902494103 27,534 302,442 SH   SOLE 1 297,136 0 5,306
UDR Inc. COM 902653104 1,932,422 41,379,481 SH   SOLE 1, 2 24,689,607 0 16,689,874
Union Pacific Corporation COM 907818108 90,706 501,718 SH   SOLE 1, 2 499,456 0 2,262
United Parcel Service Inc. COM 911312106 3,549 30,320 SH   SOLE 1 27,607 0 2,713
Universal Health Services Inc. COM 913903100 244 1,702 SH   SOLE 1 0 0 1,702
Urban Edge Properties COM 91704F104 232,994 12,147,738 SH   SOLE 1 11,092,613 0 1,055,125
USD Partners LP COM 903318103 3,261 329,065 SH   SOLE 1 329,065 0 0
Vale S.A. ADR ADR 91912E105 11,410 864,383 SH   SOLE 1 864,383 0 0
Vanguard Reit Etf COM 922908553 391 4,213 SH   SOLE 1 4,213 0 0
Vanguard S&P 500 ETF COM 922908363 14,206 48,026 SH   SOLE 1 48,026 0 0
Vanguard Utilities Etf COM 92204A876 6,207 43,437 SH   SOLE 1 43,437 0 0
Vanguard Value Etf COM 922908744 2,063 17,210 SH   SOLE 1 17,210 0 0
Ventas Inc. COM 92276F100 480 8,305 SH   SOLE 1 8,305 0 0
Vereit Inc COM 92339V100 858,402 92,900,676 SH   SOLE 1, 2 55,827,107 0 37,073,569
Vereit Inc 3.75 12/25/2020 CORP BOND 02917TAB0 8,114 8,000,000 SH   SOLE 1 7,675,000 0 325,000
Verizon Communications Inc. COM 92343V104 4,343 70,732 SH   SOLE 1 63,581 0 7,151
VICI Properties Inc. COM 925652109 1,256,748 49,187,783 SH   SOLE 1, 2 30,831,529 0 18,356,254
Visa Inc. COM 92826C839 700 3,723 SH   SOLE 1 514 0 3,209
Vornado Realty Trust COM 929042109 16,995 255,560 SH   SOLE 1 255,560 0 0
Waste Management Inc. COM 94106L109 264 2,319 SH   SOLE 1 0 0 2,319
Weingarten Realty Investors COM 948741103 107,095 3,428,139 SH   SOLE 1 3,279,549 0 148,590
Wells Fargo & Co. 7.5 PFD 949746804 2,364 1,630 SH   SOLE 1 1,630 0 0
Wells Fargo Advantage Income Fund COM 94987B105 4,434 526,587 SH   SOLE 1 526,587 0 0
Wells Fargo Advantage Multi-Sector Fund COM 94987D101 3,482 270,334 SH   SOLE 1 270,334 0 0
Welltower Inc. COM 95040Q104 1,911,862 23,378,118 SH   SOLE 1, 2 14,527,630 0 8,850,488
Western Asset Global Corp. COM 95790C107 1,622 88,980 SH   SOLE 1 88,980 0 0
Western Asset Global High In COM 95766B109 3,087 308,103 SH   SOLE 1 308,103 0 0
Western Asset High Yield Defined Opportunity Fd. COM 95768B107 3,334 213,026 SH   SOLE 1 213,026 0 0
Western Asset Premier Bond COM 957664105 841 57,388 SH   SOLE 1 57,388 0 0
Western Gas Equity Partners COM 958669103 40,000 2,031,490 SH   SOLE 1 2,031,490 0 0
Weyerhaeuser Company COM 962166104 231,072 7,651,404 SH   SOLE 1 7,570,053 0 81,351
Whirlpool Corporation COM 963320106 116 789 SH   SOLE 1 0 0 789
Willis Group Holdings plc COM G96629103 290 1,435 SH   SOLE 1 0 0 1,435
Wisconsin Energy Corporation COM 92939U106 107,603 1,166,679 SH   SOLE 1, 2 1,097,348 0 69,331
Xcel Energy Inc. COM 98389B100 133,193 2,097,853 SH   SOLE 1, 2 1,980,753 0 117,100
Xpo Logistics Inc COM 983793100 49 621 SH   SOLE 1 621 0 0
ZEBRA TECHNOLOGIES Corp.-CL A COM 989207105 102 400 SH   SOLE 1 400 0 0