0001086763-16-000033.txt : 20161114 0001086763-16-000033.hdr.sgml : 20161111 20161114133121 ACCESSION NUMBER: 0001086763-16-000033 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160930 FILED AS OF DATE: 20161114 DATE AS OF CHANGE: 20161114 EFFECTIVENESS DATE: 20161114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST FOUNDATION ADVISORS CENTRAL INDEX KEY: 0001086763 IRS NUMBER: 330221828 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05785 FILM NUMBER: 161993228 BUSINESS ADDRESS: STREET 1: 18101 VON KARMAN AVENUE STREET 2: STE 700 CITY: IRVINE STATE: CA ZIP: 92612 BUSINESS PHONE: 9494760300 MAIL ADDRESS: STREET 1: 18101 VON KARMAN AVENUE STREET 2: STE 700 CITY: IRVINE STATE: CA ZIP: 92612 FORMER COMPANY: FORMER CONFORMED NAME: KELLER GROUP INVESTMENT MANAGEMENT INC /CA/ DATE OF NAME CHANGE: 20010509 FORMER COMPANY: FORMER CONFORMED NAME: KELLER COLLINS HAKOPIAN & LEISURE INVESTMENT COUNSEL INC/CA DATE OF NAME CHANGE: 19990519 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001086763 XXXXXXXX 09-30-2016 09-30-2016 false FIRST FOUNDATION ADVISORS

18101 Von Karman Avenue Ste 700 Irvine CA 92612

13F HOLDINGS REPORT 028-05785 N GREGORY S. BRUCE 949-622-3724 GREGORY S. BRUCE IRVINE CA 11-14-2016 1 332 1446158 01 0001167365 028-10659 HIGHLAND CAPITAL MANAGEMENT LP INFORMATION TABLE 2 infotable.xml 3M Co Com COM 88579Y101 733 4161 SH SOLE 4161 0 0 Abbott Laboratories COM 002824100 459 10844 SH SOLE 5594 0 5250 AbbVie Inc. COM 00287y109 824 13062 SH SOLE 8212 0 4850 Accenture PLC SHS CLASS A G1151C101 574 4701 SH SOLE 4701 0 0 Activision Blizzard Inc COM 00507v109 873 19715 SH SOLE 19715 0 0 Acuity Brands Inc COM 00508Y102 824 3114 SH SOLE 3114 0 0 Advance Auto Parts Inc COM 00751y106 439 2942 SH SOLE 1789 0 1153 Alexander & Baldwin Inc COM 014491104 73 1913 SH SOLE 1913 0 0 Alexander & Baldwin Inc COM 014491104 541 14080 SH DFND 01 14080 0 0 Alexandria Real Est Pfd Conv Series D 7% PFD CONV SER D 015271505 2290 64958 SH SOLE 58703 0 6255 Alexandria Real Estate Equitie COM 015271109 2131 19590 SH SOLE 19550 0 40 Allergan PLC SHS g0177j108 21982 95445 SH SOLE 82172 0 13273 Allergan PLC SHS g0177j108 3604 15650 SH DFND 01 15650 0 0 Allergan plc, 5.50% PFD CONV SER A g0177j116 4359 5306 SH SOLE 4268 0 1038 Allergan plc, 5.50% PFD CONV SER A g0177j116 616 750 SH DFND 01 750 0 0 Allianzgi Convertible & Income COM 018825109 70 11760 SH SOLE 11760 0 0 Alphabet Inc Class A CAP STK CL A 02079k305 1432 1781 SH SOLE 1176 0 605 Alphabet Inc Class A CAP STK CL A 02079k305 467 581 SH DFND 01 581 0 0 Alphabet Inc Class C CAP STK CK C 02079k107 20913 26904 SH SOLE 23162 0 3742 Alphabet Inc Class C CAP STK CK C 02079k107 1806 2323 SH DFND 01 2323 0 0 Altria Group Inc COM 02209S103 27007 427131 SH SOLE 370133 0 56998 Amazon.com Inc COM 023135106 1898 2267 SH SOLE 2266 0 1 American Electric Power Co Inc COM 025537101 251 3907 SH SOLE 3507 0 400 AmerisourceBergen Corp COM 03073e105 551 6821 SH SOLE 6821 0 0 Amgen Inc COM 031162100 724 4340 SH SOLE 4086 0 254 Anheuser-Busch InBev NV SPONSORED ADR 03524A108 18623 141716 SH SOLE 122245 0 19470 Aon plc SHS CL A G0408V102 2143 19047 SH SOLE 19047 0 0 Apple Inc COM 037833100 7745 68507 SH SOLE 63438 0 5068 AT&T Inc COM 00206r102 1294 31873 SH SOLE 28637 0 3236 Bank Amer Corp Wt Exp 10/28/2018 Strike 30.79 *W EXP 10/28/201 060505153 1 10000 SH SOLE 10000 0 0 Bank of America Corp COM 060505104 287 18320 SH SOLE 18320 0 0 Bank of New York Mellon Co COM 064058100 25731 645207 SH SOLE 547877 0 97330 Bank of New York Mellon Co COM 064058100 728 18260 SH DFND 01 18260 0 0 Berkshire Hathaway CL A CL A 084670108 3676 17 SH SOLE 17 0 0 Berkshire Hathaway Inc Cl B CL B NEW 084670702 52592 364037 SH SOLE 206627 0 157410 Berkshire Hathaway Inc Cl B CL B NEW 084670702 1536 10630 SH DFND 10630 0 0 Biogen Idec Inc COM 09062x103 2216 7080 SH SOLE 6169 0 911 Biogen Idec Inc COM 09062x103 1897 6060 SH DFND 01 6060 0 0 BioMarin Pharmaceutical Inc COM 09061g101 606 6550 SH DFND 01 6550 0 0 Blackrock Build America Bond T SHS 09248x100 2064 86105 SH SOLE 78593 0 7512 Blackrock Build America Bond T SHS 09248x100 1287 53675 SH DFND 01 53675 0 0 BlackRock Core Bond Trust SHS BEN INT 09249e101 4462 313997 SH SOLE 294796 0 19200 BlackRock Credit Allocation In COM 092508100 5456 408673 SH SOLE 383680 0 24993 Blackrock Floating Rate Income COM 09255x100 4776 344559 SH SOLE 321708 0 22851 Blackrock Floating Rate Income COM 091941104 175 12908 SH SOLE 12908 0 0 BlackRock Inc Co COM 09247X101 25742 71021 SH SOLE 61148 0 9874 Blackrock Ltd Duration COM SHS 09249w101 4644 299243 SH SOLE 279895 0 19348 Blackrock Multi-Sector Income COM 09258A107 2664 156091 SH SOLE 147251 0 8841 Blackrock Muniholdings CA Insu COM 09254l107 1027 64058 SH SOLE 45610 0 18448 Blackrock Muniyield CA Insured COM 09254n103 215 13165 SH SOLE 13165 0 0 Blackrock Target Trm Tr COM SHS BEN IN 09257p105 1983 81740 SH SOLE 63041 0 18699 Boeing Co COM 097023105 1090 8277 SH SOLE 8255 0 22 Bofi Holding Inc COM 05566u108 1075 48000 SH SOLE 47600 0 400 Bp Plc SPONSORED ADR 055622104 219 6219 SH SOLE 6219 0 0 Bristol Myers Squibb Co COM 110122108 1783 33071 SH SOLE 29126 0 3945 British American Tobacco PLC SPONSORED ADR 110448107 18534 145196 SH SOLE 126243 0 18953 Broadcom Ltd SHS y09827109 1961 11369 SH SOLE 11369 0 0 Brookfield Mortgage Opportunit COM 112792106 2657 177165 SH SOLE 160370 0 16795 Brown Forman Corp Class B With CL B 115637209 1897 39997 SH SOLE 36371 0 3626 Caterpillar Inc COM 149123101 244 2747 SH SOLE 2747 0 0 Celgene Corp COM 151020104 2596 24838 SH SOLE 24838 0 0 CenturyLink Inc COM 156700106 675 24600 SH SOLE 24600 0 0 Charles Schwab Corp/The COM 808513105 1419 44953 SH SOLE 44953 0 0 Chevron Corp COM 166764100 1798 17470 SH SOLE 16809 0 661 Cigna Corp COM 125509109 257 1973 SH SOLE 1973 0 0 Cisco Systems Inc COM 17275R102 1826 57566 SH SOLE 43431 0 14135 Citi A Warrants Exp 01/04/19 *W EXP 01/04/201 172967226 1 18985 SH SOLE 18985 0 0 Coca Cola Inc COM 191216100 3755 88738 SH SOLE 88721 0 17 Coca-Cola European Partners PL SHS g25839104 1202 30115 SH SOLE 30000 0 115 Cohen & Steers Limited Duratio COM 19248c105 5435 216281 SH SOLE 200543 0 15738 Cohen & Steers Limited Duratio COM 19248c105 2111 83992 SH DFND 01 83992 0 0 Colgate-Palmolive Co COM 194162103 469 6326 SH SOLE 6326 0 0 Comcast Corp CL A 20030n101 22466 338653 SH SOLE 290354 0 48299 Consolidated Edison Inc COM 209115104 215 2850 SH SOLE 2850 0 0 Constellation Brands Inc CL A 21036p108 432 2595 SH SOLE 2595 0 0 Copart Inc COM 217204106 639 11931 SH SOLE 6986 0 4945 Coresite Realty Corp COM 21870q105 698 9428 SH SOLE 9428 0 0 Costamare Inc Shs SHS y1771g102 607 66460 SH SOLE 66460 0 0 Costco Wholesale Corp COM 22160k105 988 6480 SH SOLE 5513 0 967 Crown Holdings Inc COM 228368106 560 9801 SH SOLE 5734 0 4067 CVS Caremark Corp COM 126650100 261 2930 SH SOLE 2730 0 200 Cys Invts Inc Com COM 12673a108 218 25000 SH SOLE 25000 0 0 Delphi Automotive PLC SHS g27823106 279 3911 SH SOLE 2297 0 1614 Diageo PLC SPON ADR NEW 25243Q205 30911 266383 SH SOLE 228107 0 38276 Diageo PLC SPON ADR NEW 25243Q205 871 7505 SH DFND 01 7505 0 0 Digital Realty Trust Inc COM 253868103 534 5495 SH SOLE 5495 0 0 Diversified Real Asset Income COM SHS 25533B108 5016 290945 SH SOLE 273497 0 17448 Diversified Real Asset Income COM SHS 25533B108 4 244 SH DFND 01 244 0 0 Dominion Resources Inc/VA COM 25746U109 650 8746 SH SOLE 8746 0 0 Doubleline Income Solutions Cl COM 258622109 8334 435202 SH SOLE 393481 0 41721 Doubleline Income Solutions Cl COM 258622109 944 49290 SH DFND 01 49290 0 0 Doubleline Opportunistic Credi COM 258623107 871 33906 SH SOLE 32866 0 1040 DoubleLine Total Return Tactic SPDR TR TACTIC 78467v848 1205 24016 SH SOLE 16521 0 7495 Dow Chemical Co COM 260543103 14805 285650 SH SOLE 119183 0 166467 DuPont Fabros Technology, Inc. COM 26613q106 507 12290 SH SOLE 12290 0 0 Eaton Vance California Municip SH BEN INT 27826f101 239 17283 SH SOLE 17283 0 0 Eaton Vance Limited Duration I COM 27828h105 4830 352319 SH SOLE 330250 0 22068 Eaton Vance Municipal Bond Fun COM 27827X101 251 18450 SH SOLE 7651 0 10799 Eaton Vance Municipal Incm 202 SHS 27829U105 1075 50775 SH SOLE 26875 0 23900 Eaton Vance National Muni COM SHS 27829l105 1686 72283 SH SOLE 57874 0 14409 Eaton Vance Short Duration COM 27828V104 1007 73455 SH SOLE 59750 0 13704 eBay Inc COM 278642103 769 23374 SH SOLE 14531 0 8843 Ecolab Inc COM 278865100 349 2870 SH SOLE 2870 0 0 Edison International COM 281020107 654 9058 SH SOLE 9058 0 0 Eldorado Gold Corp COM 284902103 45 11330 SH SOLE 11330 0 0 Eli Lilly & Co COM 532457108 580 7232 SH SOLE 6877 0 355 Emerson Electric Co COM 291011104 588 10796 SH SOLE 8796 0 2000 Enlink Midstream Partners LP COM UNIT REP LTD 29336u107 248 14000 SH SOLE 12000 0 2000 Enterprise Prods Partners L P COM 293792107 311 11273 SH SOLE 11273 0 0 Equinix Inc COM PAR $0.001 29444u700 506 1405 SH SOLE 1405 0 0 Exxon Mobil Corp COM 30231G102 4726 54152 SH SOLE 52256 0 1896 Facebook Inc CL A 30303m102 2243 17489 SH SOLE 14187 0 3302 Fiat Chrysler Automobiles NV SHS n31738102 371 58000 SH DFND 01 58000 0 0 Fifth Street Finance Corp COM 31678A103 87 15000 SH SOLE 15000 0 0 First Trust Senior Floating Ra COM 33733u108 2725 199354 SH SOLE 184079 0 15275 Flaherty and Crumrine Dynamic SHS 33848w106 1656 65801 SH SOLE 57752 0 8049 Ford Motor Co COM PAR $0.01 345370860 177 14629 SH SOLE 14629 0 0 Ford Motor Co COM PAR $0.01 345370860 368 30500 SH DFND 01 30500 0 0 Fox Entertainment Group Inc CL B 90130a200 16 642 SH SOLE 642 0 0 Fox Entertainment Group Inc CL B 90130a200 1619 65460 SH DFND 01 65460 0 0 FTD Companies, Inc COM 30281v108 1108 53886 SH SOLE 53208 0 678 FTD Companies, Inc COM 30281v108 1928 93715 SH DFND 01 93715 0 0 Gap Inc/The COM 364760108 227 10200 SH SOLE 10200 0 0 General Electric Co COM 369604103 1171 39522 SH SOLE 36027 0 3495 General Motors Co COM 37045v100 686 21603 SH SOLE 21603 0 0 General Motors Co COM 37045v100 464 14600 SH DFND 01 14600 0 0 Gilead Sciences Inc COM 375558103 7102 89759 SH SOLE 85349 0 4410 Gilead Sciences Inc COM 375558103 3014 38095 SH DFND 01 38095 0 0 Glacier Bancorp Inc COM 37637Q105 437 15306 SH SOLE 15306 0 0 Gladstone Capital Corp COM 376535100 103 12701 SH SOLE 12701 0 0 Global Net Lease, Inc. COM 379378102 936 114647 SH SOLE 103268 0 11379 Goldman Sachs Group Inc COM 38141G104 21649 134238 SH SOLE 114746 0 19492 Gramercy Property Trust Inc COM 385002100 31260 3242733 SH SOLE 2641121 0 601612 Gramercy Property Trust Inc COM 385002100 752 78000 SH DFND 01 78000 0 0 Great AJAX Corp COM 38983d300 635 46512 SH SOLE 39931 0 6581 Great AJAX Corp COM 38983d300 904 66222 SH DFND 01 66222 0 0 Home Depot Inc/The COM 437076102 789 6134 SH SOLE 4744 0 1390 Honeywell International Inc COM 438516106 393 3369 SH SOLE 2869 0 500 Illumina Inc COM 452327109 895 4927 SH SOLE 4927 0 0 Intel Corp COM 458140100 1285 34035 SH SOLE 31422 0 2613 Intellipharmaceutics Internati COM 458173101 212 100900 SH SOLE 100900 0 0 International Business Machine COM 459200101 17756 111779 SH SOLE 94218 0 17561 Invesco Quality Municipal Inco COM 46133G107 1132 82001 SH SOLE 49184 0 32817 Invesco Van Kampen CA Value Mu COM 46132h106 217 15760 SH SOLE 15760 0 0 iShares Cohen & Steers Realty COHEN&STEER REIT 464287564 217 2067 SH SOLE 2067 0 0 ishares Core MSCI EAFE ETF CORE MSCI EAFE 46432f842 379 6876 SH SOLE 6876 0 0 iShares Core S&P Total US Stoc CORE S&P TTL STL 464287150 2688 54271 SH SOLE 53121 0 1150 iShares DJ Select Dividend Ind SELECT DIVID ETF 464287168 578 6747 SH SOLE 6197 0 550 iShares Floating Rate Note Fun FLTG RATE BD ETF 46429b655 271 5346 SH SOLE 5346 0 0 iShares iBonds Mar 2018 Corp 2018 CP TM ETF 46432faw7 269 10480 SH SOLE 10480 0 0 iShares Iboxx High Yield Corpo IBOX HI YD ETF 464288513 5214 59756 SH SOLE 50262 0 9494 Ishares Lehman Aggregate CORE US AGGBD ET 464287226 265 2359 SH SOLE 1548 0 811 iShares MSCI Eafe Index Fund MSCI EAFE ETF 464287465 518 8765 SH SOLE 7916 0 849 iShares MSCI EAFE Minimum Vola EAFE MIN VOL ETF 46429b689 396 5861 SH SOLE 5861 0 0 iShares MSCI KLD 400 Social Id MSCI KLD400 SOC 464288570 278 3450 SH SOLE 3450 0 0 iShares Russell 1000 Growth In RUS 1000 GRW ETF 464287614 272 2607 SH SOLE 2607 0 0 iShares Russell 2000 Index Fun RUSSELL 2000 ETF 464287655 214 1726 SH SOLE 672 0 1054 iShares S&P 500 Index Fund CORE S&P500 ETF 464287200 1181 5428 SH SOLE 5338 0 90 Jacobs Engineering Group Inc COM 469814107 212 4100 SH SOLE 3900 0 200 Jamba Inc COM NEW 47023a309 665 60900 SH DFND 01 60900 0 0 Johnson & Johnson Com COM 478160104 28276 239362 SH SOLE 210687 0 28675 JPMorgan Chase & Co COM 46625H100 470 7052 SH SOLE 6159 0 893 Kayne Anderson Energy Developm COM 48660Q102 196 10352 SH SOLE 7252 0 3100 Kayne Anderson Mdstm Com COM 48661e108 221 13965 SH SOLE 9115 0 4850 Kcap Finl Inc Com COM 48668e101 56 12000 SH SOLE 12000 0 0 Kimco Realty Corp COM 49446R109 234 8100 SH SOLE 8100 0 0 Kraft Heinz Co. COM 500754106 458 5113 SH SOLE 5113 0 0 Las Vegas Sands Corp COM 517834107 21553 374568 SH SOLE 325253 0 49316 Lennar Corp CL A 526057104 463 10943 SH SOLE 10943 0 0 Leucadia National Corp COM 527288104 360 18912 SH SOLE 18671 0 241 Leucadia National Corp COM 527288104 818 42950 SH DFND 01 42950 0 0 Level 3 Communications Inc COM NEW 52729n308 19676 424241 SH SOLE 368815 0 55426 Level 3 Communications Inc COM NEW 52729n308 3394 73185 SH DFND 01 73185 0 0 LGI Homes Inc COM 50187t106 553 15000 SH SOLE 15000 0 0 Liberty Global Inc SHS CL A g5480u104 546 15988 SH SOLE 15786 0 202 Liberty Global Inc SHS CL A g5480u104 1495 43750 SH DFND 01 43750 0 0 Liberty Global LiLAC Group - C LILAC SHS CL A g5480u138 3 122 SH SOLE 122 0 0 Liberty Global LiLAC Group - C LILAC SHS CL A g5480u138 449 16268 SH DFND 01 16268 0 0 Lifelock Inc Com COM 53224v100 612 36187 SH SOLE 36187 0 0 Line Corp SPONSORED ADR 53567x101 484 10000 SH SOLE 10000 0 0 Lions Gate Entertainment Corp COM NEW 535919203 113 5668 SH SOLE 5668 0 0 Lions Gate Entertainment Corp COM NEW 535919203 1530 76550 SH DFND 01 76550 0 0 Live Nation Entertainment Inc COM 538034109 14491 527332 SH SOLE 456807 0 70525 Live Nation Entertainment Inc COM 538034109 2291 83370 SH DFND 01 83370 0 0 Lockheed Martin Corp COM 539830109 415 1730 SH SOLE 1373 0 357 Lowe's Cos Inc COM 548661107 1858 25727 SH SOLE 25700 0 27 LSI Industries Inc COM 50216c108 449 40000 SH SOLE 40000 0 0 Madison Square Garden Co/The CL A 55825t103 463 2733 SH SOLE 1579 0 1154 Magellan Midstream Partners LP COM UNIT RP LP 559080106 400 5655 SH SOLE 5655 0 0 Mallinckrodt Inc/NY SHS g5785g107 28042 401860 SH SOLE 495 0 401365 McDonald's Corp COM 580135101 1062 9209 SH SOLE 8708 0 501 Mead Johnson Nutrition Co COM 582839106 1722 21798 SH SOLE 19887 0 1911 Medtronic PLC SHS g5960l103 26173 302931 SH SOLE 260531 0 42400 Merck & Co Inc New Com COM 58933Y105 26425 423408 SH SOLE 365780 0 57628 MFS Multi-Market SH BEN INT 552737108 2866 470679 SH SOLE 435205 0 35474 Micron Technology Inc COM 595112103 356 20000 SH SOLE 20000 0 0 Microsoft Corp COM 594918104 77796 1350632 SH SOLE 1298740 0 51892 Mobileye ORD SHS n51488117 454 10670 SH SOLE 10670 0 0 Molson Coors Brewing Co CL B 60871R209 587 5350 SH SOLE 3012 0 2338 Mondelez International Inc CL A 609207105 18027 410648 SH SOLE 353892 0 56756 Monsanto Co COM 61166w101 13410 131210 SH SOLE 113278 0 17932 Monsanto Co COM 61166w101 296 2900 SH DFND 01 2900 0 0 Monster Beverage Corp COM 61174x109 757 5156 SH SOLE 5156 0 0 Motorola Solutions Inc COM NEW 620076307 636 8335 SH SOLE 4911 0 3424 National Oilwell Varco Inc COM 637071101 392 10658 SH SOLE 10658 0 0 NetEase Inc SPONSORED ADR 64110w102 979 4068 SH SOLE 4068 0 0 Netflix Inc COM 64110l106 525 5329 SH SOLE 5327 0 2 Neuberger Berman Real Estate S COM 64190a103 64 11209 SH SOLE 11209 0 0 New America High Income Fund COM NEW 641876800 2852 309648 SH SOLE 282353 0 27295 New Oriental Education & Techn SPON ADR 647581107 529 11400 SH SOLE 11400 0 0 NextEra Energy Inc COM 65339F101 270 2207 SH SOLE 2207 0 0 Nielsen Holdings PLC SHS EUR g6518l108 15118 282209 SH SOLE 239237 0 42972 NIKE Inc CL B 654106103 205 3887 SH SOLE 2887 0 1000 Novartis AG SPONSORED ADR 66987V109 312 3954 SH SOLE 3889 0 65 Nuveen Amt-Free Municipal Inco COM 670657105 817 55976 SH SOLE 28872 0 27104 Nuveen Build America Bond Fund COM 67074c103 4215 185842 SH SOLE 176310 0 9533 Nuveen Build America Bond Fund COM 67074c103 1073 47291 SH DFND 01 47291 0 0 Nuveen Build America Bond Oppo COM 67074q102 264 11591 SH SOLE 11591 0 0 Nuveen CA Muni Value Fund COM 67062C107 2463 218371 SH SOLE 217371 0 1000 Nuveen Credit Strategies Incom COM SHS 67073d102 8445 995851 SH SOLE 895113 0 100737 Nuveen Credit Strategies Incom COM SHS 67073d102 1187 140000 SH DFND 01 140000 0 0 Nuveen Dividend Advantage Muni COM 67066V101 296 19646 SH SOLE 0 0 19646 Nuveen Enhanced AMT-Free Muni COM 67071l106 4871 303090 SH SOLE 278793 0 24297 Nuveen Enhanced Municipal Cred COM SH BEN INT 67070x101 5044 320474 SH SOLE 299030 0 21444 Nuveen Floating Rate Income Op COM SHS 6706EN100 2747 248372 SH SOLE 224789 0 23584 Nuveen Preferred Income Opport COM 67073b106 5810 579823 SH SOLE 548818 0 31006 Nuveen Quality Preferred Incom COM 67072C105 2987 311435 SH SOLE 286376 0 25060 NVIDIA Corp COM 67066g104 736 10739 SH SOLE 10739 0 0 Oaktree Capital Group LLC UNIT CL A 674001201 10339 243837 SH SOLE 215559 0 28278 Oaktree Capital Group LLC UNIT CL A 674001201 1433 33801 SH DFND 01 33801 0 0 Occidental Petroleum Corp COM 674599105 12208 167414 SH SOLE 146484 0 20930 ONEOK Inc COM 682680103 530 10315 SH SOLE 10315 0 0 Oracle Corp COM 68389X105 25855 658235 SH SOLE 564531 0 93704 PACCAR Inc COM 693718108 235 4000 SH SOLE 4000 0 0 PayPal Holdings Inc COM 70450y103 1515 36972 SH SOLE 36692 0 280 PCM Fund Inc COM 69323T101 7575 757502 SH SOLE 711514 0 45987 PCM Fund Inc COM 69323T101 469 46950 SH DFND 01 46950 0 0 Penn West Petroleum Ltd COM 707887105 83 46000 SH SOLE 46000 0 0 PepsiCo Inc COM 713448108 2104 19340 SH SOLE 17615 0 1725 Pfizer Inc COM 717081103 46091 1360814 SH SOLE 1090159 0 270655 Pfizer Inc COM 717081103 755 22291 SH DFND 01 22291 0 0 PG&E Corp COM 69331c108 258 4225 SH SOLE 4225 0 0 Philip Morris International In COM 718172109 40426 415815 SH SOLE 359629 0 56186 PICO Holdings Inc COM NEW 693366205 4236 359298 SH SOLE 294940 0 64358 PICO Holdings Inc COM NEW 693366205 6994 593222 SH DFND 01 593222 0 0 Pimco Corporate Opportunity Fu COM 72201b101 4082 279408 SH SOLE 247492 0 31916 Pimco Corporate Opportunity Fu COM 72201b101 503 34400 SH DFND 01 34400 0 0 PIMCO Dynamic Credit Income Fu COM SHS 72202d106 9067 444687 SH SOLE 414796 0 29891 PIMCO Dynamic Credit Income Fu COM SHS 72202d106 1611 79000 SH DFND 01 79000 0 0 PIMCO Dynamic Income Fund SHS 72201y101 2402 84330 SH SOLE 67903 0 16427 PIMCO Dynamic Income Fund SHS 72201y101 712 25000 SH DFND 01 25000 0 0 Pimco Enhanced Short Maturity ENHAN SHRT MA AC 72201r833 28929 285268 SH SOLE 253193 0 32075 Pimco Income Strategy Fund COM 72201H108 891 83357 SH SOLE 47202 0 36155 Pimco Income Strategy Fund II COM 72201j104 8833 926882 SH SOLE 882814 0 44068 Pimco Municipal Income Fund II COM 72200w106 525 38445 SH SOLE 38445 0 0 Pimco Municipal Income Fund II COM 72201a103 307 23979 SH SOLE 23979 0 0 PIMCO Total Return ETF TTL RTN ACTV ETF 72201r775 273 2525 SH SOLE 2525 0 0 Powershares Emerging Markets D SOVEREIGN DEBT 73936T573 326 10628 SH SOLE 10628 0 0 Procter & Gamble Co COM 742718109 1711 19068 SH SOLE 15942 0 3126 Prospect Capital Corp COM 74348T102 388 47888 SH SOLE 47888 0 0 Prudential Financial Inc COM 744320102 1014 12419 SH SOLE 12419 0 0 Public Storage COM 74460d109 647 2901 SH SOLE 2901 0 0 QTS Realty Trust Inc COM CL A 74736a103 620 11736 SH SOLE 11736 0 0 QUALCOMM Inc COM 747525103 18272 266742 SH SOLE 228733 0 38009 Raytheon Co COM NEW 755111507 302 2217 SH SOLE 1000 0 1217 Realty Income Corp COM 756109104 1007 15047 SH SOLE 13709 0 1338 Republic Services Inc COM 760759100 17342 343740 SH SOLE 288459 0 55281 Retail Opportunity Investments COM 76131n101 4119 187555 SH SOLE 168335 0 19220 Rexford Industrial Realty Inc COM 76169c100 24700 1079058 SH SOLE 889364 0 189694 Rivernorth Opportunities Fund COM 76881y109 650 32748 SH DFND 01 32748 0 0 RLI Corp COM 749607107 277 4051 SH SOLE 4051 0 0 Rockwell Automation Inc COM 773903109 371 3033 SH SOLE 3033 0 0 Rockwell Collins Inc COM 774341101 380 4500 SH SOLE 4500 0 0 Rubicon Minerals Corp COM 780911103 1 14000 SH SOLE 14000 0 0 Schlumberger Ltd COM 806857108 996 12667 SH SOLE 11784 0 883 Sempra Energy COM 816851109 302 2816 SH SOLE 2816 0 0 Silicon Motion Technology Corp SPONSORED ADR 82706C108 259 5000 SH SOLE 5000 0 0 Skyworks Solutions Inc COM 83088m102 642 8435 SH SOLE 5052 0 3383 SPDR BarCap ST High Yield Bond SHT TRM HGH YLD 78468r408 2521 91053 SH SOLE 79078 0 11975 SPDR Gold Trust GLD SHS 78463v107 545 4336 SH SOLE 4336 0 0 Spdr S&P 500 Etf Tr Tr Unit TR UNIT 78462F103 3753 17353 SH SOLE 15539 0 1813 Special Opportunities Fund Inc COM 84741t104 250 16744 SH DFND 01 16744 0 0 Starbucks Corp COM 855244109 8089 149404 SH SOLE 144369 0 5035 Starwood Property Trust Inc COM 85571b105 21052 934828 SH SOLE 824128 0 110701 Starz COM SER A 85571q102 1441 46214 SH SOLE 45538 0 676 Starz COM SER A 85571q102 3050 97798 SH DFND 01 97798 0 0 Stericycle Inc COM 858912108 206 2575 SH SOLE 2575 0 0 Sysco Corp COM 871829107 399 8148 SH SOLE 8148 0 0 Tabula Rasa Healthcare Inc COM 873379101 159 11100 SH SOLE 11100 0 0 Tanzanian Royalty Exploration COM 87600u104 94 117371 SH SOLE 117371 0 0 Templeton Emerging Markets Inc COM 880192109 519 47147 SH SOLE 43662 0 3485 Templeton Emerging Markets Inc COM 880192109 380 34540 SH DFND 01 34540 0 0 Teva Pharmaceutical Industries ADR 881624209 3449 74969 SH SOLE 63920 0 11049 Teva Pharmaceutical Industries ADR 881624209 1918 41686 SH DFND 01 41686 0 0 Ticc Capital Corp Com COM 87244T109 146 25126 SH SOLE 25126 0 0 Time Warner Inc COM NEW 887317303 1552 19492 SH SOLE 17256 0 2236 TJX Cos Inc COM 872540109 805 10763 SH SOLE 10129 0 634 Toll Brothers Inc COM 889478103 640 21440 SH SOLE 21440 0 0 Tortoise Energy Infrastructure COM 89147l100 296 9622 SH SOLE 7572 0 2050 Total SA SPONSORED ADR 89151e109 229 4800 SH SOLE 2300 0 2500 Travelers Cos Inc/The COM 89417e109 345 3015 SH SOLE 2315 0 700 Twenty First Centy Fox Cl A CL A 90130a101 16119 665537 SH SOLE 569655 0 95882 Twilio Inc CL A 90138f102 1450 22534 SH SOLE 22534 0 0 UCP Inc CL A CL A 90265y106 31 3494 SH SOLE 3494 0 0 UCP Inc CL A CL A 90265y106 965 109549 SH DFND 01 109549 0 0 Unilever NV N Y SHS NEW 904784709 1282 27814 SH SOLE 27814 0 0 United Parcel Service Inc CL B 911312106 32843 300324 SH SOLE 256753 0 43571 United Technologies Corp COM 913017109 421 4139 SH SOLE 3539 0 600 UnitedHealth Group Inc COM 91324P102 1508 10769 SH SOLE 10469 0 300 Vanguard Mid Cap ETF MID CAP ETF 922908629 2824 21819 SH SOLE 21819 0 0 Vanguard REIT ETF REIT ETF 922908553 2569 29620 SH SOLE 24437 0 5183 Vanguard S&P 500 ETF S&P 500 ETF SHS 922908363 3942 19841 SH SOLE 19841 0 0 Vanguard S&P Small-Cap 600 ETF SMLLCP 600 IDX 921932828 1409 12480 SH SOLE 12480 0 0 Vanguard Short Term Corporate SHTRM GVT BD ETF 92206c409 301 3741 SH SOLE 3741 0 0 Vector Group Ltd COM 92240m108 928 43117 SH SOLE 37101 0 6016 Veeva Systems Inc CL A COM 922475108 495 12000 SH SOLE 12000 0 0 Vereit, Inc. COM 92339v100 70327 6781764 SH SOLE 5659267 0 1122497 Vereit, Inc. COM 92339v100 2433 234600 SH DFND 01 234600 0 0 Verizon Communications Inc COM 92343v104 560 10777 SH SOLE 8565 0 2212 Vulcan Materials Co COM 929160109 603 5300 SH SOLE 5300 0 0 Walgreens Boots Alliance Inc COM 931427108 990 12274 SH SOLE 8417 0 3857 Wal-Mart Stores Inc COM 931142103 634 8791 SH SOLE 8624 0 167 Walt Disney Co COM DISNEY 254687106 14068 151498 SH SOLE 130506 0 20992 Wells Fargo & Co COM 949746101 25019 565021 SH SOLE 483590 0 81431 Wells Fargo & Co New Pfd PERP PFD CNV A 949746804 390 300 SH DFND 01 300 0 0 Wells Fargo Multi-Sector Incom WF MLT SECTR INC 94987D101 2866 221004 SH SOLE 200461 0 20542 WisdomTree Total Dividend Fund TOTAL DIVID FD 97717w109 375 4800 SH SOLE 4800 0 0 Worthington Industries Inc COM 981811102 241 5017 SH SOLE 5017 0 0 Wynn Resorts Ltd COM 983134107 1689 17339 SH SOLE 17294 0 45 Wynn Resorts Ltd COM 983134107 1430 14680 SH DFND 01 14680 0 0 Yahoo! Inc COM 984332106 436 10106 SH SOLE 10106 0 0 Zoetis Inc. CL A 98978v103 640 12311 SH SOLE 7229 0 5082