<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3COM CORP COM 885535104 7839 408564 SH SOLE 408564
ABBOTT LABS COM 002824100 2757 57970 SH SOLE 57970
ADVENT SOFTWARE COM 007974108 1020 14600 SH SOLE 14600
AETNA INC COM 008117103 236 4060 SH SOLE 4060
AFLAC INC COM 001055102 343 5350 SH SOLE 5350
ALBERTA ENERGY CO COM 012873105 9587 230328 SH SOLE 230328
ALCATEL SPONS ADR COM 013904305 377 6000 SH SOLE 6000
ALCOA, INC. COM 013817101 3039 120067 SH SOLE 120067
ALLEGHENY ENERGY INC COM 017361106 1377 36065 SH SOLE 36065
ALLIANCE CAP MGMT L.P. COM 018548107 261 5200 SH SOLE 5200
ALLSTATE CORP COM 020002101 10972 315733 SH SOLE 315733
ALLTEL CORP COM 020039103 6145 117742 SH SOLE 117742
AMERICAN GENERAL CORP COM 026351106 6664 85435 SH SOLE 85435
AMERICAN HOME PRODS CORP COM 026609107 701 12400 SH SOLE 12400
AMERICAN INTL GROUP INC COM 026874107 6858 71668 SH SOLE 71668
AMERICAN TEL & TELEG CO COM 001957109 491 16728 SH SOLE 16728
ANADARKO PETROLEUM CORP COM 032511107 1001 15055 SH SOLE 15055
ANHEUSER BUSCH COS INC COM 035229103 587 13880 SH SOLE 13880
ARCHER DANIELS MIDLAND CO COM 039483102 393 45619 SH SOLE 45619
AT & T CORP CLASS A LIBERTY ME COM 001957208 975 54148 SH SOLE 54148
BANK OF AMERICA CORP COM 060505104 3589 68519 SH SOLE 68519
BANK ONE CORP COM 06423a103 1680 43489 SH SOLE 43489
BANKNORTH GROUP INC (2000) COM 06646R107 566 31682 SH SOLE 31682
BAXTER INTL INC COM 071813109 283 3550 SH SOLE 3550
BECKMAN COULTER INC COM 075811109 10009 129772 SH SOLE 129772
BERGEN BRUNSWIG A COM 083739102 5705 488148 SH SOLE 488148
BEVERLY ENTERPRISES INC COM 087851309 79 13300 SH SOLE 13300
BOEING CO COM 097023105 203 3220 SH SOLE 3220
BORDERS GROUP INC COM 099709107 5406 387881 SH SOLE 387881
BOSTON PROPERTIES INC COM 101121101 219 5100 SH SOLE 5100
BRANDYWINE REALTY TRUST COM 105368203 1482 73200 SH SOLE 73200
BRISTOL MYERS SQUIBB CO COM 110122108 2022 35401 SH SOLE 35401
BURLINGTON NORTHERN INC COM 12189T104 2525 117103 SH SOLE 117103
C.R. BARD COM 067383109 5372 127158 SH SOLE 127158
CABOT OIL AND GAS COM 127097103 6015 295209 SH SOLE 295209
CALL NET ENTERPRISES INC CLASS COM 130910201 124 86000 SH SOLE 86000
CAMDEN PROPERTY TRUST COM 133131102 548 17677 SH SOLE 17677
CENTERPOINT PROPERTIES CORP COM 151895109 735 15950 SH SOLE 15950
CENTURYTEL, INC. COM 156700106 4940 181297 SH SOLE 181297
CERIDIAN CORP COM 15677T106 15438 550116 SH SOLE 550116
CHASE MANHATTAN CORP COM 16161A108 737 15957 SH SOLE 15957
CHESAPEAKE ENERGY CORP COM 165167107 4814 669752 SH SOLE 669752
CHEVRON CORP COM 166751107 359 4208 SH SOLE 4208
CINERGY CORP COM 172474108 6173 186716 SH SOLE 186716
CISCO SYSTEMS INC COM 17275R102 1529 27683 SH SOLE 27683
CITIGROUP, INC. COM 172967101 676 12512 SH SOLE 12512
CLARCOR INC COM 179895107 370 18975 SH SOLE 18975
COCA COLA CO COM 191216100 424 7700 SH SOLE 7700
COLONIAL PPTY TR COM 195872106 221 8600 SH SOLE 8600
COMCAST CORP CL A SPCL COM 200300200 1410 34432 SH SOLE 34432
COMMODORE APPLIED TECH INC COM 202630109 104 118500 SH SOLE 118500
COMPAQ COMPUTER CORP COM 204493100 6718 243587 SH SOLE 243587
COMPUTER ASSOCIATES INTERNATIO COM 204912109 308 12226 SH SOLE 12226
COMPUTER SCIENCES COM 205363104 8967 120773 SH SOLE 120773
CORNING INC COM 219350105 2502 8425 SH SOLE 8425
CP & L ENERGY, INC. COM 12614c106 1372 32900 SH SOLE 32900
DANA CORP COM 235811106 3867 179872 SH SOLE 179872
DIAGNOSTIC PRODS CORP COM 252450101 13808 257497 SH SOLE 257497
DIEBOLD INC COM 253651103 5349 201383 SH SOLE 201383
E M C CORP COM 268648102 17076 172270 SH SOLE 172270
EMERSON ELEC CO COM 291011104 342 5100 SH SOLE 5100
EXXON MOBIL CORPORATION COM 30231g102 1189 13345 SH SOLE 13345
FEDERAL HOME LOAN MORTGAGE COR COM 313400301 281 5200 SH SOLE 5200
FEDERATED DEPARTMENT STORES IN COM 31410H101 4402 168483 SH SOLE 168483
FEDERATED INVESTORS COM 314211103 5822 235232 SH SOLE 235232
FIRST INDUSTRIAL REALTY TRUST COM 32054K103 12209 397048 SH SOLE 397048
FIRST REPUBLIC BANCORP INC COM 336158100 765 25400 SH SOLE 25400
FIRST UNION CORP COM 337358105 279 8656 SH SOLE 8656
FLEETBOSTON FINANCIAL CORP COM 339030108 619 15866 SH SOLE 15866
FLORIDA PROGRESS CORP COM 341109106 14232 268848 SH SOLE 268848
FORD MOTOR CO. COM 345370860 7503 296404 SH SOLE 296404
FORT JAMES CORP COM 347471104 439 14374 SH SOLE 14374
FOX ENTERTAINMENT COM 35138T107 1006 37954 SH SOLE 37954
GENERAL ELECTRIC CO COM 369604103 3522 61054 SH SOLE 61054
GLIMCHER RLTY TR SBI COM 379302102 149 10000 SH SOLE 10000
GOODRICH B F CO COM 382388106 1906 48640 SH SOLE 48640
GREAT LAKES REIT INC COM 390752103 189 10900 SH SOLE 10900
GULF CANADA RESOURCES LTD COM 40218L305 8148 1515914 SH SOLE 1515914
HEALTH CARE PROP INV COM 421915109 9781 330145 SH SOLE 330145
HEWLETT PACKARD CO COM 428236103 310 3200 SH SOLE 3200
HONEYWELL INTERNATIONAL, INC. COM 438516106 6556 184023 SH SOLE 184023
HOST MARRIOTT CORP COM 44107P104 401 35675 SH SOLE 35675
INFORMIX CORP COM 456779107 4026 976058 SH SOLE 976058
INGLES MARKETS INC CL A COM 457030104 4215 383186 SH SOLE 383186
INTEL CORP COM 458140100 1514 36422 SH SOLE 36422
INTERNATIONAL BUSINESS MACHINE COM 459200101 266 2368 SH SOLE 2368
ISTAR FINANCIAL, INC. COM 45031u101 213 9500 SH SOLE 9500
JOHNSON & JOHNSON COM 478160104 854 9090 SH SOLE 9090
KANEB PIPELINES, L.P. LIMITED COM 484169107 299 10100 SH SOLE 10100
KEANE INC COM 486665102 7937 456127 SH SOLE 456127
KEEBLER FOODS CO. COM 487256109 9056 215627 SH SOLE 215627
KLM ROYAL DUTCH AIRLINE COM 482516309 732 39154 SH SOLE 39154
LAKEHEAD PIPE LINE PARTNERS, L COM 511557100 502 12100 SH SOLE 12100
LEAP WIRELESS INTERNATIONAL, I COM 521863100 773 12348 SH SOLE 12348
LEXINGTON CORPORATE PROPERTIES COM 529043101 6430 571560 SH SOLE 571560
LIBERTY FINANCIAL COM 530512102 4702 200105 SH SOLE 200105
LIBERTY PPTY TRUST COM 531172104 5349 194493 SH SOLE 194493
LILLY ELI & CO COM 532457108 238 2930 SH SOLE 2930
LIMITED, INC COM 532716107 2913 132031 SH SOLE 132031
LUCENT TECHNOLOGIES, INC COM 549463107 294 9621 SH SOLE 9621
M C N ENERGY GROUP INC COM 55267J100 13779 537715 SH SOLE 537715
MANULIFE FINANCIAL COM 56501R106 19790 953747 SH SOLE 953747
MEDITRUST COMPANIES COM 58501T306 107 36339 SH SOLE 36339
MERCK & CO INC COM 589331107 3946 53012 SH SOLE 53012
MERISTAR HOSPITALITY CORP COM 58984y103 1377 68000 SH SOLE 68000
MICROSOFT COM 594918104 263 4353 SH SOLE 4353
MID ATLANTIC REALTY TRUST COM 595232109 1857 157247 SH SOLE 157247
MILLICOM INTERNATIONAL COM L6388F102 4977 139944 SH SOLE 139944
MOTOROLA INC COM 620076109 406 14371 SH SOLE 14371
NATIONAL DATA CORP COM 635621105 9988 304392 SH SOLE 304392
NATIONWIDE HEALTH PPTYS COM 638620104 1179 73991 SH SOLE 73991
NEW PLAN EXCEL REALTY TRUST, I COM 648053106 379 27654 SH SOLE 27654
NORTEL NETWORKS CORP (NEW) COM 656568102 213 3574 SH SOLE 3574
NORTHWEST NATURAL GAS COM 667655104 280 12305 SH SOLE 12305
NSTAR COM 67019e107 813 20195 SH SOLE 20195
OMEGA HEALTHCARE INVESTORS,INC COM 681936100 965 155908 SH SOLE 155908
ORBITAL SCIENCES CORP COM 685564106 1165 139100 SH SOLE 139100
PACKAGING CORPORATION OF AMERI COM 695156109 5112 462085 SH SOLE 462085
PAINE WEBBER GROUP, INC COM 695629105 13046 191506 SH SOLE 191506
PARTNER RE COM G6852T105 441 9300 SH SOLE 9300
PEOPLES BANK BRIDGEPORT CT COM 710198102 4963 235627 SH SOLE 235627
PEPSICO INC COM 713448108 866 18830 SH SOLE 18830
PETROLEUM GEO SERVICES COM 716597109 5905 342303 SH SOLE 342303
PFIZER INC COM 717081103 1048 23323 SH SOLE 23323
PHARMACIA CORPORATION COM 71713u102 5562 92417 SH SOLE 92417
POGO PRPDUCING CO COM 730448107 1043 41115 SH SOLE 41115
PRIME RETAIL INC COM 741570105 10 28300 SH SOLE 28300
PRIMUS TELECOMMUNICATIONS GROU COM 741929103 2018 212453 SH SOLE 212453
PROCTER & GAMBLE CO COM 742718109 441 6584 SH SOLE 6584
PUBLIC STORAGE INC COM 74460D109 1886 78788 SH SOLE 78788
QUALCOMM INCORPORATED COM 747525103 23702 332656 SH SOLE 332656
QWEST COMM INTL INC. COM 749121109 232 4830 SH SOLE 4830
RECKSON ASSOC REALTY CL B EXCH COM 75621K304 4509 174252 SH SOLE 174252
ROGERS COMMUNICATION INC CL B COM 775109200 203 8583 SH SOLE 8583
ROYAL DUTCH PETE NY RE COM 780257804 258 4300 SH SOLE 4300
RYDER SYSTEMS INC COM 783549108 8643 468762 SH SOLE 468762
SABRE HOLDINGS CORPORATION COM 785905100 10361 358048 SH SOLE 358048
SBC COMMUNICATIONS COM 78387G103 1933 38658 SH SOLE 38658
SCHERING PLOUGH CORP COM 806605101 335 7194 SH SOLE 7194
SCHLUMBERGER LTD COM 806857108 310 3770 SH SOLE 3770
SCHWAB CHARLES CORP COM 808513105 1049 29550 SH SOLE 29550
SEMPRA ENERGY COM 816851109 7207 346305 SH SOLE 346305
SOLUTIA, INC COM 834376105 2238 196706 SH SOLE 196706
SONIC FOUNDRY INC COM 83545R108 2865 322850 SH SOLE 322850
SONOCO PRODUCTS COM 835495102 922 51028 SH SOLE 51028
SOUTHERN CO COM 842587107 496 15300 SH SOLE 15300
SOUTHTRUST CORP COM 844730101 1589 50535 SH SOLE 50535
SPRINT CORP (FON GROUP) SER 1 COM 852061100 247 8414 SH SOLE 8414
STARTEC GLOBAL COMM CORP COM 85569E103 351 59180 SH SOLE 59180
STATE ST CORP COM 857477103 733 5635 SH SOLE 5635
SUN MICROSYSTEMS INC COM 866810104 4120 35288 SH SOLE 35288
SUPER VALU STORES INC COM 868536103 928 61605 SH SOLE 61605
SYBRON INTL CP COM 87114F106 3603 150134 SH SOLE 150134
TALISMAN ENERGY INC COM 87425E103 8500 242436 SH SOLE 242436
TECO ENERGY INC COM 872375100 2518 87585 SH SOLE 87585
TELEPHONE & DATA SYS INC COM 879433100 14020 126651 SH SOLE 126651
THOMAS & BETTS CORP COM 884315102 5414 310489 SH SOLE 310489
TOWN & COUNTRY TRUST COM 892081100 252 14000 SH SOLE 14000
U.S. CELLULAR COM 911684108 14455 206498 SH SOLE 206498
UNISOURCE ENERGY CORP HOLDING COM 909205106 7015 428372 SH SOLE 428372
UNUMPROVIDENT CORP COM 91529y106 3741 137296 SH SOLE 137296
URBAN SHOPPING CENTERS COM 917060105 751 15810 SH SOLE 15810
USA EDUCATION, INC. COM 90390U102 312 6475 SH SOLE 6475
USG CORP COM 903293405 7201 287314 SH SOLE 287314
VERIZON COMMUNICATIONS, INC. COM 92343v104 12065 249074 SH SOLE 249074
VISTEON CORP COM 92839U107 638 42207 SH SOLE 42207
VODAFONE GROUP PLC COM 92857w100 1448 39125 SH SOLE 39125
WACHOVIA CORP NEW COM 929771103 397 7000 SH SOLE 7000
WARNACO GROUP INC COM 934390105 750 187412 SH SOLE 187412
WHIRLPOOL CORP COM 963320106 1955 50290 SH SOLE 50290
WORLDCOM, INC. COM 98157d106 5653 186098 SH SOLE 186098
XEROX CORP COM 984121103 5115 339604 SH SOLE 339604
BERKEY INC COM 084419100 1 10000 SH SOLE 10000
CAMDEN PROPERTIES TR $2.25 CV PFD CV 133131201 411 16500 SH SOLE 16500
FELCOR LODGING TR INC $1.95 CV PFD CV 31430F200 399 21000 SH SOLE 21000
MONSANTO CO JR SUB DEB CV PFD PFD CV 611662305 210 4000 SH SOLE 4000
PERINI CORP PFD CV EXCH PFD $2 PFD CV 713839306 1717 71917 SH SOLE 71917
STANDARD AUTOMOTIVE CV PFD PFD CV 853097202 121 14000 SH SOLE 14000
SUN HEALTHCARE GROUP CVT PFD 1 PFD CV 866749203 0 19000 SH SOLE 19000
ADVANCED MICRO DEVICES CV CONV 007903AC1 67 50000 PRN SOLE 50000
BANKATLANTIC CORP SB DB CV CONV 065908AC9 140 200000 PRN SOLE 200000
BROADBAND TECHNOLOGIES CV CONV 111309AC4 83 200000 PRN SOLE 200000
CAMDEN PROPERTIES TRUST CV CONV 133131AA0 72 56000 PRN SOLE 56000
CENTERTRUST RETAIL PROPERTIES, CONV 152038AA3 301 310000 PRN SOLE 310000
CHIQUITA BRANDS INTL CV CONV U17003AA9 184 200000 PRN SOLE 200000
HEALTHCARE REALTY TRUST, INC C CONV 421946AA2 183 200000 PRN SOLE 200000
INGRAM MICRO INC CV CONV 457153AB0 94 250000 PRN SOLE 250000
LOWES CORP CV CONV 540424AL2 265 300000 PRN SOLE 300000
MAGNA INTL INC CVDB CONV 559222AG9 133 150000 PRN SOLE 150000
MALAN REALTY INVESTORS CV CONV 561063AA6 629 691000 PRN SOLE 691000
MORAN ENERGY CV CONV 616457AC1 71 80000 PRN SOLE 80000
MSC SOFTWARE CORP CONV CONV 553531aa2 185 200000 PRN SOLE 200000
NATIONAL DATA CORP CV CONV 635621AA3 132 150000 PRN SOLE 150000
NORAM ENERGY CV SUB DEB CONV 655419AC3 18 20000 PRN SOLE 20000
POGO PRODUCING CO CV CONV 730448AE7 172 200000 PRN SOLE 200000
SIZELER CV CONV 830137AA3 282 315000 PRN SOLE 315000
SOFTKEY INTERNATIONAL CONV. SR CONV 83402NAA7 256 258000 PRN SOLE 258000
U.S. CELLULAR CP CVRO (LYONS) CONV 911684AA6 903 1340000 PRN SOLE 1340000
ATARI/JTS SDCV/ DEFAULTED 5.25 CONV 046515AA0 4 65000 PRN SOLE 65000
</TABLE>
