Robert B. Kugler

Wells Fargo Bank — Interest

Franklin Templeton Mutual Qualified Fund — Int/Div

Trust {Income Beneficiary) — Int/Div

Partmership, Coms — None

TD Bank — Interest

AIG Sun America — Interest

Trust (Trustee) - #8 - £103 are assets of the Trust

Wells Fargo — Interest

Vanguard Bond Fund — Int/Div

Vanguard NJ Tax Exempt — Int/Div

Vanguard Dividend Growth — Int/Div

Vanguard 500 Index — Int/Div

Ambev SA ADR — Int/Div

Bel Fuse, Inc — Int/Div

Biogen Inc — Int/Div — Buy

Ardmore Shipping Corp — Int/Div — Buy

Ardmore Shipping Corp — Sold

Blue Capital Remsurance — Int/Div — Sold

Capital Product Partners — Int/Div — Sold

Calamos Asset Mgmt. Inc — Int/Div

Ceco Environmental Corp. — Int/Div

Codorus Valley Bancorp — Int/Div

Commercial National Finl Corp. — Int/Div

CF Industries Holdings — Int/Div — Buy

Civista Bancshares Inc — Int/Div — Buy

Croghan Bancshares Inc — Int/Div

Computer Progs & Sys Inc — Int/Div — Buy

Computer Progs & Sys Inc — Sold

Crown Media Holdings — Int/Div — Sold

Delta Natural Gas Company Co. — Int/Div

Eastern Virginia Bank — Int/Div — Sold

Exchange Bank Santa Rosa — Int/Div

First Community Bancshares — Int/Div — Sold

F & M Bank Corp. — Int/Div

German American Bancorp Inc — Int/Div — Buy

German American Bancorp Inc — Sold

First Bancshares Inc — Int/Div — Sold

First Community Bancshares Inc — Int/Div — Sold

Glaxo Smith Kline PLC — Int/Div — Buy

Horace Mann Educators — Int/Div

Investors Real Estate Trust — Int/Div — Buy

Investors Real Estate Trust — Sold

Ingredion Inc — Int/Div

lowa First Bancshares — Int/Div — Sold

Laclede Group Inc — Int/Div

Logansport Financial Group — Int/Div — Sold

Lilly & Co. — Int/Div — Buy

Mackmac Financial Comp — Int/Div

Magal Security System — Int/Div — Sold

Manning & Napier Inc — Int/Div

MDV Resources Group — Int/Div — Sold

MDC Holdings — Int/Div — Buy

MDC Holdings — Sold

Mid Penn Bancorp — Int/Div — Sold

Molina Healthcare Inc — Int/Div — Sold

Monarch Financial Holdings — Int/Div — Sold

New Jersey Res Corp. — Int/Div

Nordic American Tanker — Int/Div — Sold

Northway Financial Inc — Int/Div

Northwest Natural Gas Co, Inc — Int/Div

NGL Energy Partners LP — Int/Div — Sold

New Home Co. Inc — Int/Div — Buy

Ome Liberty Properties — Int/Div — Buy

Otter Tail Corp. — Int/Div

Pemba Pipeline Corp — Int/Div

Pinnacle Bancshares Inc — Int/Div

Lannett Co. — Int/Div — Buy

Powersecure Intl Inc — Int/Div — Sold

Questor Corp. — Int/Div — Sold

River Valley Bancorp — Int/Div — Sold

Roval Dutch Shell — Int/Div

Scana Corp — Int/Div

Securty Federal Corp. — Int/Div — Sold

Spectra Energy Corp — Int/Div

Spire Inc — Int/Div — Buy

Southern Michigan Bancorp — Int/Div — Sold

Summit State Bank — Int/Div — Sold

Teva Pharm Industries Lid ADR — Int/Div — Buy

Third Point Remsurance — Int/Div — Buy

Unilever PLC ADR — Int/Div — Buy

Spartan Nash Co. — Int/Div — Buy

Spartan Nash Co. — Sold

Universal Health Realty Income — Int/Div — Sold

Veolia Environmental ADR — Int/Div

Vodafone Group PLC ADR — Int/Div — Buy

VSE Corp — Int/Div — Buy

WEC Energy Group — Int/Div

WGL Holdings Inc — Int/Div

Winnebago Industries — Int/Div — Sold

Cer Resources — Int/Div

Calumet Specialty Prod — Int/Div — Sold

Ferrellgas Partners LP — Int/Div — Sold

Cone Midstream Partners — Int/Div — Sold

NCL Energy Partners LP — Int/Div — Sold

PBF Logistics — Int/Div — Buy

Crestwood Equity Partners — Int/Div — Buy

Delex Logistics Partners — Int/Div — Buy

Delex Logistics Partners — Sold

Gran Tierra Energy Inc — Int/Div — Buy

Pike Corp. — Int/Div — Sold

Medical Properties Trust — Int/Div

Katahdin Bankshares — Int/Div

Mortgage NJ Property — Interest

US, Savings Bonds — Interest

TD Bank — Interest

T Rowe Price Alaska 529 (no control) — Int/Div

Pioneer Stock Fund — Int/Div

Manning & Napier — Int/Div — Sold

Security Federal Corp — Int/Div — Sold

Winthrop Realty Trust — Int/Div

Ballston Spa National Bank — Int/Div

Sturgis Bancorp — Int/Div

CBT Financial Corp. — Int/Div

Exelon Corp. — Int/Div

Armada Hoffler Properties — Int/Div — Sold

Croghan Bancshares Inc — Int/Div

CAE Inc — Int/Div

CECO Environmental — Int/Div — Sold

Magic Software — Int/Div — Sold

Katahdin Bankshares Comp. — Int/Div

Blue Capital Reinsurance — Int/Div — Sold

Northway Financial — Int/Div — Sold

Medical PPTYS TR Inc — Int/Div — Sold

Exchange Bank Santa Rosa — Int/Div

Investors Real Estate — Int/Div — Sold

Ferrellgas Partners — Int/Div

Croghan Bancshares — Int/Div

Delek Logistics — Int/Div — Buy

Delek Logistics — Sold

PBF Logistics — Int/Div — Sold

American Science & Engineering — Int/Div — Buy

American Science & Engineering — Sold

AV Homes Inc — Int/Div — Buy

AV Homes Inc — Sold

Centerpoint Energy, Inc — Int/Div — Buy

Centerpoint Energy, Inc — Sold

Computer Programs & Systems Inc — Int/Div — Buy

Computer Programs & Systems Inc — Sold

Core Energy Infrastructure — Int/Div — Buy

Core Energy Infrastructure — Sold

Johnson Outdoors Inc — Int/Div — Buy

Johnson Outdoors Inc — Sold

MDC Holdings Inc — Int/Div — Buy

MDC Holdings Inc — Sold

Mallinckrodt PLC — Int/Div — Buy

Mallinckrodt PLC — Sold

Olin Corp — Int/Div — Buy

Olin Corp — Sold

Vaneck Vectors ETF — Int/Div — Buy

Vaneck Vectors ETF — Sold

Vectrus, Inc — Int/Div — Buy

Vectrus, Inc — Sold

Sucampo Pharm — Int/Div — Buy

Sucampo Pharm — Sold

Western Refining Logistics — Int/Div — Buy

Western Refining Logistics — Sold

Codorus Valley Bancorp — Int/Div — Buy

Codorus Valley Bancorp — Sold

Frunklin Financial Services — Int/Div — Buy

Franklin Financial Services — Sold

German American Bancorp — Int/Div — Buy

German American Bancorp — Sold

Veolia Environmental — Int/Div — Buy

Veolia Environmental — Sold

Glaxo Smith Kline ADR — Int/Div — Buy

Ome Liberty PPTYS Inc — Int/Div — Buy

VSE Comp. — Int/Div — Buy

Lilly & Co. — Int/Div — Buy

Real Estate {Collier County, FL) Parcel One — None

Real Estate (Atlantic County, NJ) Parcel One — None

Real Estate (Atlantic County, NJ) Parcel 2 — None

Real Estate (Camden County, NJ) Parcel — None

Real Estate {Camden County, NJ) Parcel 2 — Rent

Real Estate (Camden County, NJ) Parcel 3 — Rent

Part VII, Paragraph 4, the partnership is with a family member and is invested in gold coins.

The Assessment in Part VII, paragraphs 169 - 174, are as follows:

Collier County Parcel 1:

$475,162

Atlantic County Parcel |: $522,300

Atlantic County Parcel 2: $309,900

Camden County Parcel 1: $750,000

Camden County Parcel 2: $187,400

Camden County Parcel 3: $760,000

Part VII, paragraph 103 is & purchase money mortgage given to the Trust to secure # loan made by the Trust,

Part VII, paragraphs 104, 106, 107, 170, 171, 172, 173 and 174 are owned entirely by J

As to Part VII, Paragraph 3, | am an income beneficiary of a Trust established by a deceased relative. 1 have only a contingent interest on the corpus. 1 have no

power to direct, buy, sell, or otherwise dispose of the assets. As of 12/31/15, the Trust was invested in the following funds and securities: Aberdeen Global

High Income Fund; American Century Tax-Free Bond Fund; J.P. Morgan High Yield Fund; Nurveen Limited Term Municipal Bond Fund: T. Rowe Price

Institutional Float Rate Fund; Vanguard Intermediate Term Tax-Exempt Fund; Fidelity Advisors Emerging Markets Income Fund; Pimeo Emerging Local Bond

Fund: Pimeo Foreign Bond Fund; Comcast Corp; Las Vegas Sands Corp.

; Target Corp: TIX Companies; Walt Disney Co.; Exxon Mobil Corp.; Ameriprise

Financial Inc; Bershire Hathaway, Inc; Blackrock Inc.

group Inc.; CME Group; J.P. Morgan Chase & Co.; PNC Financial Services Group; Gilead Sciences

Ine.; Merck & Co.; Cummins, Ine.; General Electric Ci

nion Pacific Corp.; Alphabet, Inc; Apple Inc; Cisco Systems Inc; Microsoft Corp.; Celanese Corp;

Monsanto Co.; Venizon Communications; Public Service Enterprise Group, In

:

Easton Corp.; Manulife Financial Corp.; Roche Holdings Ltd.; Schlumberger

Ltd.; Suncor Energy Inc.: Total S.A; IShares russell 2000; Touchstone Mid Cap Fund: Victory Munder Mid Cap Core Growth; Artisan International Fund;

Harbor International Fund; [Shares MSCI Emerging Markets; AQR Managed Futures Strategy Fund; ASG Global Alternatives Fund; Blackrock Global Long!

Short Credit Fund; Eaton Vance Global Macro Absolute Return Fund; Neuberger Berman Long Short Fund; The Merger Fund; Credit Suisse Commodity Return

Strategy Fund; Voya Real Estate Fund.