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

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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
AG MORTGAGE INVESTMENT TRUSTCOM0012281055,071269,590SH SOLENone269,59000
ALTISOURCE PORTFOLIO SOLREG SHSL0175J104117,4831,245,846SH SOLENone1,245,84600
AMERICAN INTERNATIONAL GROUPCOM NEW026874784259,8905,814,100SH SOLENone5,814,10000
APOLLO INVESTMENT CORPCOM03761U1061,161150,000SH SOLENone150,00000
APPLE INCCOM03783310012,29231,000SH SOLENone31,00000
ASCENA RETAIL GROUP INCCOM04351G10132,7101,874,500SH SOLENone1,874,50000
ATLAS ENERGY LPCOM UNITS LP04930A104194,6653,973,567SH SOLENone3,973,56700
ATLAS PIPELINE PARTNERS LPUNIT LP INT049392103164,5564,308,869SH SOLENone4,308,86900
ATLAS RESOURCE PARTNERS LPCOM UNT LTD04941A10166,6033,041,235SH SOLENone3,041,23500
ATLAS RESOURCE PARTNERS LPCOM UNT LTD04941A10124,9941,141,300SH SOLENone1,141,30000
ATMEL CORPCOM04951310461,5028,378,995SH SOLENone8,378,99500
BOSTON SCIENTIFIC CORPCOM101137107152,60416,462,100SH SOLENone16,462,10000
CAESARS ENTERTAINMENT CORPCOM12768610315,5971,138,447SH SOLENone1,138,44700
CAPITAL ONE FINANCIAL CORPCOM14040H105107,8381,716,900SH SOLENone1,716,90000
CENTER BANCORP INCCOM1514081016,916545,000SH SOLENone545,00000
CHIMERA INVESTMENT CORPCOM16934Q109170,65056,883,391SH SOLENone56,883,39100
CITIGROUP INCCOM NEW172967424125,6912,620,200SH SOLENone2,620,20000
CROCS INCCOM22704610933,2652,016,089SH SOLENone2,016,08900
CROSSTEX ENERGY LPCOM22765U10247623,100SH SOLENone23,10000
DENBURY RESOURCES INCCOM NEW24791620861,8363,570,227SH SOLENone3,570,22700
DISH NETWORK CORPCL A25470M109153,9643,620,970SH SOLENone3,620,97000
E*TRADE FINANCIAL CORPCOM NEW269246401100,6587,950,880SH SOLENone7,950,88000
EASTMAN CHEMICAL COCOM277432100129,3071,846,981SH SOLENone1,846,98100
ELECTRONIC ARTS INCCOM28551210917,243750,000SH SOLENone750,00000
ENERGY XXI BERMUDAUSD UNRS SHSG1008214022,8251,029,315SH SOLENone1,029,31500
EXPRESS SCRIPTS HOLDING COCOM30219G108168,9412,736,327SH SOLENone2,736,32700
GMX RESOURCES INCCOM NEW38011M60336212,971SH SOLENone212,97100
GOOGLE INCCL A38259P5084,2704,850SH SOLENone4,85000
HALLIBURTON COCOM406216101149,4543,582,300SH SOLENone3,582,30000
HARBINGER GROUP INCCOM41146A10637,7005,000,000SH SOLENone5,000,00000
JPMORGAN CHASE & COCOM46625H1002,26542,900SH SOLENone42,90000
KINDER MORGAN INCCOM49456B101192,1915,037,759SH SOLENone5,037,75900
KKR & CO LPCOM UNITS48248M10260,8213,093,665SH SOLENone3,093,66500
KKR FINANCIAL HOLDINGS LLCCOM48248A306155,74114,762,185SH SOLENone14,762,18500
LAS VEGAS SANDS CORPCOM51783410714,402272,100SH SOLENone272,10000
LINN ENERGY LLCUNIT LTD LIAB536020100207,8946,265,645SH SOLENone6,265,64500
LINNCOCOMSHS LTD INT53578210617,481472,453SH SOLENone472,45300
LORAL SPACE & COMMUNICATIONSCOM54388110645,271754,766SH SOLENone754,76600
LYONDELLBASELL INDUSTRIESSHS - AN53745100124,4451,878,133SH SOLENone1,878,13300
MCKESSON CORPCOM58155Q10376,965672,182SH SOLENone672,18200
MERCK & CO. INC.COM58933Y1059,439203,200SH SOLENone203,20000
METLIFE INCCOM59156R108135,3572,957,985SH SOLENone2,957,98500
MOTOROLA SOLUTIONS INCCOM NEW620076307191,0173,308,800SH SOLENone3,308,80000
NEW CASTLE INVT CORPCOM65105M10837,2427,120,823SH SOLENone7,120,82300
NEW RESIDENTIAL INVESTMENTCOM64828T10238,5365,717,478SH SOLENone5,717,47800
NYSE EURONEXTCOM629491101170,7254,123,799SH SOLENone4,123,79900
OCCIDENTAL PETROLEUM CORPCOM67459910587,455980,104SH SOLENone980,10400
OCWEN FINANCIAL CORPCOM NEW67574630912,049292,300SH SOLENone292,30000
ORACLE CORPCOM68389X10524,568800,000SH SOLENone800,00000
ORIENT EXPRESS HOTELS LTDCL AG677431079,695797,312SH SOLENone797,31200
PENNYMAC FINANCIAL SERVICECL A70932B10158,6972,759,600SH SOLENone2,759,60000
PENNYMAC MORTGAGE INVESTMENTCOM70931T1034,398208,953SH SOLENone208,95300
POLYCOM INCCOM73172K10480,4767,642,520SH SOLENone7,642,52000
PVH CORPCOM69365610090,441723,235SH SOLENone723,23500
QUALCOMM INCCOM747525103229,1063,750,300SH SOLENone3,750,30000
RESOURCE AMERICA INCCL A76119520510,1301,191,733SH SOLENone1,191,73300
RESOURCE CAPITAL CORPCOM76120W3026,1501,000,000SH SOLENone1,000,00000
SANDRIDGE ENERGY INCCOM80007P307139,27129,258,509SH SOLENone29,258,50900
SILVER BAY REALTY TRUST CORPCOM82735Q102814,882SH SOLENone4,88200
SIRIUS XM RADIO INCCOM82967N108240,84271,893,003SH SOLENone71,893,00300
SLM CORPCOM78442P106300,13613,129,328SH SOLENone13,129,32800
SPRINT CORPCOM SER 1852061100667,68795,112,117SH SOLENone95,112,11700
SUPERVALU INCCOM86853610346,4657,470,209SH SOLENone7,470,20900
TEEKAY LNG PARTNERS LPPRTNRSP UNITSY8564M10587420,000SH SOLENone20,00000
THERMO FISHER SCIENTIFIC INCCOM88355610241,356488,670SH SOLENone488,67000
THL CREDIT INCCOM87243810622,5021,481,384SH SOLENone1,481,38400
TRANSOCEAN LTDREG SHSH8817H100166,9453,481,645SH SOLENone3,481,64500
TWO HARBORS INVESTMENT CORPCOM90187B1011,025100,000SH SOLENone100,00000
UNITEDHEALTH GROUP INCCOM91324P10280,2091,224,933SH SOLENone1,224,93300
VALIDUS HOLDINGS LTDCOM SHSG9319H10235,831991,996SH SOLENone991,99600
WELLS FARGO & COCOM94974610168,2981,654,900SH SOLENone1,654,90000
WILLIAMS COS INCCOM96945710069,1562,129,838SH SOLENone2,129,83800
WISDOMTREE TRUSTJAPAN HEDGE EQT97717W8511,59635,000SH SOLENone35,00000
WPX ENERGY INCCOM98212B10340,0302,113,524SH SOLENone2,113,52400
XL GROUP PLCSHSG98290102110,4873,644,037SH SOLENone3,644,03700