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
3M CO COM 88579Y101 705 4,000 SH   SOLE   4,000 0 0
ABBOTT LABS COM 002824100 228 5,400 SH   SOLE   5,400 0 0
ACADIA PHARMA COM 004225108 2,212 69,550 SH   SOLE   69,550 0 0
AFLAC INC COM 001055102 395 5,500 SH   SOLE   5,500 0 0
AIR LEASE CL A COM 00912X302 592 20,700 SH   SOLE   20,700 0 0
AMAZON INC COM 023135106 594 710 SH   SOLE   710 0 0
ANNALY CAPITAL COM 035710409 110 10,500 SH   SOLE   10,500 0 0
AT&T INC COM 00206R102 203 5,000 SH   SOLE   5,000 0 0
BASF SE ADR COM 055262505 3,717 43,450 SH   SOLE   43,450 0 0
BIOCEPT INC COM 09072V105 59 37,549 SH   SOLE   37,549 0 0
BLACKSTONE GRP COM 09253U108 1,573 61,600 SH   SOLE   61,600 0 0
BLACKSTONE MTG COM 09257W100 11,697 397,182 SH   SOLE   397,182 0 0
BRISTOL MYERS COM 110122108 216 4,000 SH   SOLE   4,000 0 0
BROOKFIELD RENEWABLE ENERGY PA COM G16258108 461 15,000 SH   SOLE   15,000 0 0
CARLYLE GRP LP COM 14309L102 177 11,400 SH   SOLE   11,400 0 0
CELGENE CORP COM 151020104 7,492 71,670 SH   SOLE   71,670 0 0
CHENIERE PTNRS LP COM 16411W108 475 20,900 SH   SOLE   20,900 0 0
COMCAST CL A COM 20030N101 431 6,500 SH   SOLE   6,500 0 0
COSTCO WHLSALE COM 22160K105 5,719 37,500 SH   SOLE   37,500 0 0
CVS CORPORATION COM 585745102 932 10,471 SH   SOLE   10,471 0 0
ECOLAB INC COM 278865100 539 4,425 SH   SOLE   4,425 0 0
ENCANA CORP COM 292505104 117 11,150 SH   SOLE   11,150 0 0
ENERPLUS COM 292766102 263 41,026 SH   SOLE   41,026 0 0
ENTERPRISE PROD. COM 293792107 4,219 152,683 SH   SOLE   152,683 0 0
FACEBOOK INC COM 30303M102 294 2,290 SH   SOLE   2,290 0 0
FRANKLIN ST PROP COM 35471R106 416 33,000 SH   SOLE   33,000 0 0
GENERAL ELEC CO COM 369604103 556 18,780 SH   SOLE   18,780 0 0
GENTHERM COM 03070L300 533 16,950 SH   SOLE   16,950 0 0
IPG PHOTONICS COM 44980X109 2,956 35,900 SH   SOLE   35,900 0 0
JETBLUE AIRWAYS COM 477143101 2,533 146,900 SH   SOLE   146,900 0 0
JOHNSON&JOHNSON COM 478160104 455 3,850 SH   SOLE   3,850 0 0
KIMCO REALTY COM 49446R109 637 22,000 SH   SOLE   22,000 0 0
LKQ CORPORATION COM 501889208 2,550 71,900 SH   SOLE   71,900 0 0
MEDIVATION INC COM 58501N101 289 3,550 SH   SOLE   3,550 0 0
MERRIMACK PHARM COM 590328100 525 82,700 SH   SOLE   82,700 0 0
MFA FINANCIAL COM 55272X102 150 20,000 SH   SOLE   20,000 0 0
MONEYONMOBILE INC COM 13135X108 14 20,000 SH   SOLE   20,000 0 0
NAVIGATOR HLDGS COM Y62132108 693 96,350 SH   SOLE   96,350 0 0
NORFOLK SOUTHERN COM 655844108 243 2,500 SH   SOLE   2,500 0 0
NOVADAQ TECH COM 66987g102 2,183 188,700 SH   SOLE   188,700 0 0
NOVOZYMES ADR COM 670108109 670 15,100 SH   SOLE   15,100 0 0
OAKTREE CAPITAL COM 674001201 435 10,250 SH   SOLE   10,250 0 0
OHR PHARMA COM 67778H200 241 85,200 SH   SOLE   85,200 0 0
OLD DOMINION FRT COM 679580100 1,688 24,600 SH   SOLE   24,600 0 0
POWER EFFICIENCY COM 739268209 0 20,000 SH   SOLE   20,000 0 0
PRANA BIOTECH COM 739727105 70 15,551 SH   SOLE   15,551 0 0
QUALCOMM INC COM 747525103 1,235 18,022 SH   SOLE   18,022 0 0
RANGE RES CORP COM 75281A109 1,064 27,450 SH   SOLE   27,450 0 0
RAYTHEON CO COM 755111507 368 2,700 SH   SOLE   2,700 0 0
ROSS STORES COM 778296103 495 7,700 SH   SOLE   7,700 0 0
SENOMYX INC COM 81724Q107 147 34,500 SH   SOLE   34,500 0 0
SENSUS HEALTHCARE INC COM 81728J109 209 34,000 SH   SOLE   34,000 0 0
SENSUS HEALTHCARE INC WRT EXP COM 81728J117 38 30,000 SH   SOLE   30,000 0 0
SIGNATURE BANK COM 82669G104 2,336 19,725 SH   SOLE   19,725 0 0
SMITH A O COM 831865209 3,360 34,012 SH   SOLE   34,012 0 0
SOTHERLY HOTELS COM 83600C103 54 10,200 SH   SOLE   10,200 0 0
SPECTRA ENERGY COM 847560109 214 5,000 SH   SOLE   5,000 0 0
SPIRIT AIRLINES COM 848577102 455 10,700 SH   SOLE   10,700 0 0
SYSCO CORP COM 871829107 327 6,675 SH   SOLE   6,675 0 0
TELEFLEX INC COM 879369106 807 4,800 SH   SOLE   4,800 0 0
THERMO FISHER SCI COM 883556102 3,762 23,651 SH   SOLE   23,651 0 0
TJX COS INC COM 872540109 1,863 24,912 SH   SOLE   24,912 0 0
TYLER TECH COM 902252105 856 5,000 SH   SOLE   5,000 0 0
UNION PAC CORP COM 907818108 412 4,228 SH   SOLE   4,228 0 0
UNITED TECHS CORP COM 913017109 203 2,000 SH   SOLE   2,000 0 0
UNITEDHEALTH GR COM 91324P102 14,248 101,772 SH   SOLE   101,772 0 0
UTILICO EMERG MKTS COM G93115106 134 50,000 SH   SOLE   50,000 0 0
UTILICO EMERG MKTS LTD COM G93107137 3 10,000 SH   SOLE   10,000 0 0
VMWARE INC CL A COM 928563402 961 13,100 SH   SOLE   13,100 0 0
VOLITIONRX LTD COM 928661107 82 15,500 SH   SOLE   15,500 0 0
WALMART COM 931142103 580 8,044 SH   SOLE   8,044 0 0
WELLTOWER INC COM 95040Q104 718 9,605 SH   SOLE   9,605 0 0
WESTERN REFIN INC COM 959319104 423 16,000 SH   SOLE   16,000 0 0
WOODWARD,INC COM 980745103 3,443 55,103 SH   SOLE   55,103 0 0
WORLD TRUST FD COM L98345108 113 29,992 SH   SOLE   29,992 0 0
ALERIAN MLP ETF ALERIAN MLP 00162Q866 428 33,700 SH   SOLE   33,700 0 0
COHEN & ST INFRASTRUCTURE COM 19248A109 219 10,183 SH   SOLE   10,183 0 0
NUVEEN R/E FUND COM 67071b108 184 15,500 SH   SOLE   15,500 0 0
POWERSHARES FINANCIAL PFD FINL PFD PTFL 73935X229 1,057 55,500 SH   SOLE   55,500 0 0
WISDOM TREE EUR SM CAP DIV EUROPE SMCP DV 97717W869 304 5,500 SH   SOLE   5,500 0 0
COHEN & STEERS LTD DUR PFD FD COM 19248C105 302 12,000 SH   SOLE   12,000 0 0
COHEN & STEERS SELECT PFD & IN COM 19248Y107 846 31,551 SH   SOLE   31,551 0 0
ABERDEEN ASIA PAC INC FD COM 003009107 59 11,500 SH   SOLE   11,500 0 0
PIMCO DYNAMIC CREDIT INCOME FD COM SHS 72202D106 924 45,300 SH   SOLE   45,300 0 0
BLACKROCK MUNIHLDGS NJ INS COM 09254x101 196 12,500 SH   SOLE   12,500 0 0
BLACKROCK MUNIHLDS FL INS COM 09254p108 160 10,000 SH   SOLE   10,000 0 0
BLACKROCK MUNIYLD NY INS FD COM 09255e102 474 33,600 SH   SOLE   33,600 0 0
BLACKROCK MUNIYLD QUALITY II COM 09254g108 284 20,000 SH   SOLE   20,000 0 0
NUVEEN DIV ADV MUNI com 67066v101 230 15,289 SH   SOLE   15,289 0 0
NUVEEN INSURED FUND COM 670657105 365 25,000 SH   SOLE   25,000 0 0