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 714 4,000 SH   SOLE   4,000 0 0
ABBOTT LABS COM 002824100 207 5,400 SH   SOLE   5,400 0 0
ACADIA PHARMA COM 004225108 2,092 72,550 SH   SOLE   72,550 0 0
AFLAC INC COM 001055102 383 5,500 SH   SOLE   5,500 0 0
AIR LEASE CL A COM 00912X302 745 21,700 SH   SOLE   21,700 0 0
AMAZON INC COM 023135106 532 710 SH   SOLE   710 0 0
ANNALY CAPITAL COM 035710409 105 10,500 SH   SOLE   10,500 0 0
AT&T INC COM 00206R102 213 5,000 SH   SOLE   5,000 0 0
BASF SE ADR COM 055262505 3,744 40,450 SH   SOLE   40,450 0 0
BIOCEPT INC COM 09072V105 20 25,880 SH   SOLE   25,880 0 0
BLACKSTONE GRP COM 09253U108 1,719 63,600 SH   SOLE   63,600 0 0
BLACKSTONE MTG COM 09257W100 11,951 397,448 SH   SOLE   397,448 0 0
BRISTOL MYERS COM 110122108 234 4,000 SH   SOLE   4,000 0 0
BROOKFIELD RENEWABLE ENERGY PA COM G16258108 445 15,000 SH   SOLE   15,000 0 0
CARLYLE GRP LP COM 14309L102 174 11,400 SH   SOLE   11,400 0 0
CELGENE CORP COM 151020104 8,342 72,070 SH   SOLE   72,070 0 0
CHENIERE PTNRS LP COM 16411W108 468 20,900 SH   SOLE   20,900 0 0
COMCAST CL A COM 20030N101 449 6,500 SH   SOLE   6,500 0 0
COSTCO WHLSALE COM 22160K105 6,004 37,500 SH   SOLE   37,500 0 0
CVS CORPORATION COM 585745102 802 10,166 SH   SOLE   10,166 0 0
ECOLAB INC COM 278865100 519 4,425 SH   SOLE   4,425 0 0
ENCANA CORP COM 292505104 131 11,150 SH   SOLE   11,150 0 0
ENERPLUS COM 292766102 389 41,026 SH   SOLE   41,026 0 0
ENTERPRISE PROD. COM 293792107 3,860 142,739 SH   SOLE   142,739 0 0
EVEREST RE GROUP COM G3223R108 216 1,000 SH   SOLE   1,000 0 0
FACEBOOK INC COM 30303M102 235 2,040 SH   SOLE   2,040 0 0
FRANKLIN ST PROP COM 35471R106 337 26,000 SH   SOLE   26,000 0 0
GENERAL ELEC CO COM 369604103 593 18,780 SH   SOLE   18,780 0 0
GENTHERM COM 03070L300 574 16,950 SH   SOLE   16,950 0 0
HIMAX TECH COM 43289P106 60 10,000 SH   SOLE   10,000 0 0
IPG PHOTONICS COM 44980X109 3,494 35,400 SH   SOLE   35,400 0 0
JETBLUE AIRWAYS COM 477143101 3,237 144,400 SH   SOLE   144,400 0 0
JOHNSON&JOHNSON COM 478160104 444 3,850 SH   SOLE   3,850 0 0
KIMCO REALTY COM 49446R109 554 22,000 SH   SOLE   22,000 0 0
LKQ CORPORATION COM 501889208 2,204 71,900 SH   SOLE   71,900 0 0
MERRIMACK PHARM COM 590328100 317 77,700 SH   SOLE   77,700 0 0
MFA FINANCIAL COM 55272X102 153 20,000 SH   SOLE   20,000 0 0
MONEYONMOBILE INC COM 13135X108 11 20,000 SH   SOLE   20,000 0 0
NAVIGATOR HLDGS COM Y62132108 724 77,900 SH   SOLE   77,900 0 0
NORFOLK SOUTHERN COM 655844108 270 2,500 SH   SOLE   2,500 0 0
NOVADAQ TECH COM 66987g102 1,104 155,700 SH   SOLE   155,700 0 0
NOVOZYMES ADR COM 670108109 521 15,100 SH   SOLE   15,100 0 0
OAKTREE CAPITAL COM 674001201 384 10,250 SH   SOLE   10,250 0 0
OHR PHARMA COM 67778H200 114 75,700 SH   SOLE   75,700 0 0
OLD DOMINION FRT COM 679580100 2,110 24,600 SH   SOLE   24,600 0 0
POWER EFFICIENCY COM 739268209 0 20,000 SH   SOLE   20,000 0 0
QUALCOMM INC COM 747525103 1,175 18,024 SH   SOLE   18,024 0 0
RANGE RES CORP COM 75281A109 926 26,950 SH   SOLE   26,950 0 0
RAYTHEON CO COM 755111507 383 2,700 SH   SOLE   2,700 0 0
ROSS STORES COM 778296103 505 7,700 SH   SOLE   7,700 0 0
SENOMYX INC COM 81724Q107 33 34,500 SH   SOLE   34,500 0 0
SENSUS HEALTHCARE INC COM 81728J109 178 34,000 SH   SOLE   34,000 0 0
SENSUS HEALTHCARE INC WRT EXP COM 81728J117 15 30,000 SH   SOLE   30,000 0 0
SIGNATURE BANK COM 82669G104 2,978 19,825 SH   SOLE   19,825 0 0
SMITH A O COM 831865209 3,221 68,026 SH   SOLE   68,026 0 0
SOTHERLY HOTELS COM 83600C103 68 10,000 SH   SOLE   10,000 0 0
SPECTRA ENERGY COM 847560109 205 5,000 SH   SOLE   5,000 0 0
SPIRIT AIRLINES COM 848577102 532 9,200 SH   SOLE   9,200 0 0
SYSCO CORP COM 871829107 370 6,675 SH   SOLE   6,675 0 0
TELEFLEX INC COM 879369106 774 4,800 SH   SOLE   4,800 0 0
THERMO FISHER SCI COM 883556102 3,337 23,652 SH   SOLE   23,652 0 0
TJX COS INC COM 872540109 1,872 24,914 SH   SOLE   24,914 0 0
TYLER TECH COM 902252105 714 5,000 SH   SOLE   5,000 0 0
UNION PAC CORP COM 907818108 438 4,228 SH   SOLE   4,228 0 0
UNITED TECHS CORP COM 913017109 219 2,000 SH   SOLE   2,000 0 0
UNITEDHEALTH GR COM 91324P102 16,488 103,023 SH   SOLE   103,023 0 0
UTILICO EMERG MKTS COM G93115106 118 50,000 SH   SOLE   50,000 0 0
UTILICO EMERG MKTS LTD COM G93107137 2 10,000 SH   SOLE   10,000 0 0
VMWARE INC CL A COM 928563402 1,031 13,100 SH   SOLE   13,100 0 0
VOLITIONRX LTD COM 928661107 71 15,500 SH   SOLE   15,500 0 0
WALMART COM 931142103 548 7,932 SH   SOLE   7,932 0 0
WELLTOWER INC COM 95040Q104 870 13,005 SH   SOLE   13,005 0 0
WOODWARD,INC COM 980745103 3,805 55,104 SH   SOLE   55,104 0 0
WORLD TRUST FD COM L98345108 109 29,992 SH   SOLE   29,992 0 0
ALERIAN MLP ETF ALERIAN MLP 00162Q866 425 33,700 SH   SOLE   33,700 0 0
COHEN & ST INFRASTRUCTURE COM 19248A109 197 10,183 SH   SOLE   10,183 0 0
NUVEEN R/E FUND COM 67071b108 167 15,500 SH   SOLE   15,500 0 0
POWERSHARES FINANCIAL PFD FINL PFD PTFL 73935X229 907 50,500 SH   SOLE   50,500 0 0
WISDOM TREE EUR SM CAP DIV EUROPE SMCP DV 97717W869 300 5,500 SH   SOLE   5,500 0 0
COHEN & STEERS LTD DUR PFD FD COM 19248C105 294 12,000 SH   SOLE   12,000 0 0
COHEN & STEERS SELECT PFD & IN COM 19248Y107 825 31,551 SH   SOLE   31,551 0 0
ABERDEEN ASIA PAC INC FD COM 003009107 53 11,500 SH   SOLE   11,500 0 0
PIMCO DYNAMIC CREDIT INCOME FD COM SHS 72202D106 916 45,300 SH   SOLE   45,300 0 0
BLACKROCK MUNIHLDGS NJ INS COM 09254x101 174 12,500 SH   SOLE   12,500 0 0
BLACKROCK MUNIHLDS FL INS COM 09254p108 142 10,000 SH   SOLE   10,000 0 0
BLACKROCK MUNIYLD NY INS FD COM 09255e102 426 33,600 SH   SOLE   33,600 0 0
BLACKROCK MUNIYLD QUALITY II COM 09254g108 256 20,000 SH   SOLE   20,000 0 0
NUVEEN DIV ADV MUNI COM 67066v101 213 15,289 SH   SOLE   15,289 0 0
NUVEEN INSURED FUND COM 670657105 333 25,000 SH   SOLE   25,000 0 0