13F-HR 1 shikiar4q1113f.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31,2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ x] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Shikiar Asset Management, Inc. Address: 1633 Broadway 9th Floor New York, NY 10019 13F File Number: 028-07060 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Person Signing this Report on Behalf of Reporting Manager: Name: Stuart A. Shikiar Title: President Phone: 212-888-6565 Signature, Place, and Date of Signing: Stuart A. Shikiar New York, New York January 27, 2012 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: 0 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 68 Form 13F Information Table Value Total: $147010 (x1000) List of Other Included Managers: 0 No. 13F File Number Name FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ASBC CAP TR I ORIG SEC QTLY 7. PFD 00209E207 1885 74400 SH SOLE 74400 ASSOCIATED BANC-CORP PFD STK S PFD 045488202 307 12200 SH SOLE 12200 BAC CAP TR II GTD CAP SECS 7% PFD 055188205 1432 68550 SH SOLE 68550 CITIGROUP CAP VIII SECS 6.95% PFD 17306R204 990 42400 SH SOLE 42200 CITIGROUP CAP XII TR PFD 03-30 PFD 17315D204 858 34100 SH SOLE 34100 GENERAL MTRS CO JR PFD CONV SE PFD 37045V209 2488 72650 SH SOLE 72550 GOODYEAR TIRE & RUBBER PFD 5.8 PFD 382550309 452 9300 SH SOLE 9300 JPMORGAN CHASE SER Z 8% PFD 48124G104 2367 91400 SH SOLE 91400 LEXINGTON REALTY TR PFD SER B PFD 529043200 472 18900 SH SOLE 18900 MORGAN STANLEY CAP 5.75% PFD 617466206 1000 48950 SH SOLE 48950 PRIVATEBANCORP 10% PFD 74272L208 2500 97700 SH SOLE 97400 REGIONS FING TR III 8.875% PFD 7591EM107 966 38200 SH SOLE 38000 ZIONS BANCORP PREFERRED 9.5% PFD 989701503 3023 119750 SH SOLE 119550 ALPHA NATURAL RESOURCES SR NT CONV 02076XAA0 465 500000 PRN SOLE 500000 ALCOA COM 013817101 1684 194700 SH SOLE 194100 ALLEGHENY TECHNOLOGIES COM 01741R102 306 6400 SH SOLE 6400 ANADARKO PETROLEUM COM 032511107 8656 113400 SH SOLE 113300 APPLE COM 037833100 17852 44079 SH SOLE 44079 BANK OF AMERICA COM 060505104 236 42500 SH SOLE 42500 BEARD COM 07384R408 1 18050 SH SOLE 18050 BERKSHIRE HATHAWAY DEL CL A COM 084670108 344 3 SH SOLE 3 BLACKHAWK CAP GROUP BDC COM 09236T103 4 24000 SH SOLE 24000 BONAVISTA ENERGY COM 09784Y108 550 21400 SH SOLE 21400 BRISTOL MYERS SQUIBB COM 110122108 282 8000 SH SOLE 8000 BUCKEYE PARTNERS L.P COM 118230101 320 5000 SH SOLE 5000 CHESAPEAKE ENERGY COM 165167107 2809 126030 SH SOLE 125730 CHESAPEAKE MIDSTREAM PARTNERS COM 16524K108 5696 196400 SH SOLE 195900 CITIGROUP INC. COM 172967424 727 27650 SH SOLE 27650 CITY NATIONAL COM 178566105 239 5400 SH SOLE 5400 CONOCOPHILLIPS COM 20825C104 212 2915 SH SOLE 2915 COSTCO WHSL COM 22160K105 292 3500 SH SOLE 3500 CUMMINS INC COM 231021106 414 4700 SH SOLE 4700 DEAN FOODS CO COM 242370104 140 12500 SH SOLE 12500 DENBURY RES INC COM NEW COM 247916208 3382 223950 SH SOLE 223750 ENERPLUS CORPORATION COM 292766102 2218 87600 SH SOLE 87600 ENTERPRISE PRDS PARTNERS LP COM 293792107 232 5000 SH SOLE 5000 EXXON COM 30231G102 712 8400 SH SOLE 8400 FORD MOTOR COM 345370860 139 12940 SH SOLE 12940 FREEPORT MCMORAN COM 35671D857 6911 187850 SH SOLE 187600 GLOBAL ECOLOGY CORP COM COM 37950A109 3 250000 SH SOLE 250000 INCYTE COM 45337C102 2206 147000 SH SOLE 147000 INTERNATIONAL PAPER COM 460146103 4449 150300 SH SOLE 150100 JPMORGAN CHASE COM 46625H100 2198 66100 SH SOLE 66100 KINDER MORGAN ENERGY PARTNERS COM 494550106 510 6000 SH SOLE 6000 LEXINGTON REALTY TR COM 529043101 2399 320250 SH SOLE 319250 LINC ENERGY COM Q5562Z103 334 300000 SH SOLE 300000 LINN ENERGY COM 536020100 8958 236300 SH SOLE 236100 MACYS COM 55616P104 3208 99700 SH SOLE 99600 MANNING & NAPIER INC CL A COM COM 56382Q102 250 20000 SH SOLE 20000 MGM MIRAGE COM 552953101 297 28500 SH SOLE 28500 MORGAN STANLEY COM 617446448 923 61000 SH SOLE 61000 NUCOR COM 670346105 4398 111150 SH SOLE 111150 ORACLE COM 68389X105 2478 96625 SH SOLE 96425 PETROQUEST ENERGY COM 716748108 106 16000 SH SOLE 16000 QEP RESOURCES COM 74733V100 1395 47600 SH SOLE 47600 SANDRIDGE MISSISSIPPIAN TR I U COM 80007T101 526 16950 SH SOLE 16950 SANDRIDGE PERMIAN TRUST COM 80007A102 535 23500 SH SOLE 23500 SOMAXON PHARMACEUTICALS COM 834453102 7 15000 SH SOLE 15000 SPDR GOLD TRUST COM 78463V107 14676 96560 SH SOLE 96485 TEVA PHARMACEUTICAL COM 881624209 8833 218850 SH SOLE 218650 ULTRALIFE BATTERIES COM 903899102 338 84100 SH SOLE 84100 VERIZON COMMUNICATIONS COM 92343V104 353 8800 SH SOLE 8800 VIROPHARMA COM 928241108 4382 160000 SH SOLE 160000 VSB BANCORP COM 917927105 98 10217 SH SOLE 10217 WALTER ENERGY COM 93317Q105 375 6200 SH SOLE 6200 WEBMD COM 94770V102 2662 70900 SH SOLE 70900 WESTERN GAS PARTNERS COM 958254104 4096 99250 SH SOLE 99050 WYNN RESORTS COM 983134107 2453 22200 SH SOLE 22200