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
AMAZON COM INC COM 023135106 2,793 9,000 SH   SOLE   9,000 0 0
AMEREN CORP COM 023608102 1,130 24,500 SH   SOLE   24,500 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 414 7,400 SH   SOLE   7,400 0 0
APPLE INC COM 037833100 5,293 47,950 SH   SOLE   47,950 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 2,260 10 SH   SOLE   10 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 2,453 72,500 SH   SOLE   72,500 0 0
BOULDER BRANDS INC COM 101405108 111 10,000 SH   SOLE   10,000 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 702 14,000 SH   SOLE   14,000 0 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 206 10,000 SH   SOLE   10,000 0 0
CARROLS RESTAURANT GROUP INC COM 14574X104 946 123,959 SH   SOLE   123,959 0 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 1,188 24,834 SH   SOLE   24,834 0 0
CELGENE CORP COM 151020104 224 2,000 SH   SOLE   2,000 0 0
CHATHAM LODGING TR COM 16208T102 1,014 35,000 SH   SOLE   35,000 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG SHIPPNG ETF 18383Q796 462 25,000 SH   SOLE   25,000 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 3,057 119,725 SH   SOLE   119,725 0 0
FACEBOOK INC CL A 30303M102 1,248 16,000 SH   SOLE   16,000 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 2,325 150,000 SH   SOLE   150,000 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 1,334 200,000 SH   SOLE   200,000 0 0
GOOGLE INC CL A 38259P508 1,486 2,800 SH   SOLE   2,800 0 0
GOOGLE INC CL C 38259P706 1,474 2,800 SH   SOLE   2,800 0 0
ISHARES MSCI HONG KG ETF 464286871 213 10,350 SH   SOLE   10,350 0 0
ISHARES MSCI SINGAP ETF 464286673 330 25,250 SH   SOLE   25,250 0 0
ISHARES MSCI TAIWAN ETF 464286731 227 15,000 SH   SOLE   15,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 3,765 75,000 SH   SOLE   75,000 0 0
MICROSOFT CORP COM 594918104 776 16,700 SH   SOLE   16,700 0 0
MUELLER WTR PRODS INC COM SER A 624758108 1,587 155,000 SH   SOLE   155,000 0 0
OVERSEAS SHIPHOLDING GROUP I COM CL B 69036R400 1,781 323,888 SH   SOLE   323,888 0 0
PARSLEY ENERGY INC CL A 701877102 2,394 150,000 SH   SOLE   150,000 0 0
PENNEY J C INC COM 708160106 78 12,000 SH   SOLE   12,000 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 2,449 47,721 SH   SOLE   47,721 0 0
PROSHARES TR PSHS ULT S&P 500 74347R107 3,849 30,000 SH   SOLE   30,000 0 0
ROCKWELL COLLINS INC COM 774341101 490 5,800 SH   SOLE   5,800 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 2,051 30,000 SH   SOLE   30,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 7,894 69,500 SH   SOLE   69,500 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 514 2,500 SH   SOLE   2,500 0 0
T MOBILE US INC COM 872590104 539 20,000 SH   SOLE   20,000 0 0
THE ADT CORPORATION COM 00101J106 2,174 60,000 SH   SOLE   60,000 0 0
TOOTSIE ROLL INDS INC COM 890516107 518 16,916 SH   SOLE   16,916 0 0
W P CAREY INC COM 92936U109 6,826 97,377 SH   SOLE   97,377 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 1,344 117,400 SH   SOLE   117,400 0 0
WHITEWAVE FOODS CO COM 966244105 525 15,000 SH   SOLE   15,000 0 0