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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 406 5,000 SH   SOLE 5,000 0 0
ALPHABET INC CAP STK CL A 02079K305 2,178 2,800 SH   SOLE 2,800 0 0
ALPHABET INC CAP STK CL C 02079K107 2,129 2,805 SH   SOLE 2,805 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 1,145 95,000 SH   SOLE 95,000 0 0
AMAZON COM INC COM 023135106 6,083 9,000 SH   SOLE 9,000 0 0
APPLE INC COM 037833100 5,689 54,050 SH   SOLE 54,050 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 1,978 10 SH   SOLE 10 0 0
BLACKBERRY LTD COM 09228F103 93 10,000 SH   SOLE 10,000 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253u108 3,070 105,000 SH   SOLE 105,000 0 0
BLACKSTONE MTG TR INC COM CL A 09257w100 2,010 75,094 SH   SOLE 75,094 0 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 1,914 60,000 SH   SOLE 60,000 0 0
CARROLS RESTAURANT GROUP INC COM 14574X104 1,455 123,959 SH   SOLE 123,959 0 0
CELGENE CORP COM 151020104 240 2,000 SH   SOLE 2,000 0 0
CHEVRON CORP NEW COM 166764100 270 3,000 SH   SOLE 3,000 0 0
CIVEO CORP CDA COM 17878Y108 92 65,000 SH   SOLE 65,000 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 319 32,217 SH   SOLE 32,217 0 0
FACEBOOK INC CL A 30303M102 7,536 72,000 SH   SOLE 72,000 0 0
GOLDEN OCEAN GROUP LTD SHS G39637106 72 67,000 SH   SOLE 67,000 0 0
ISHARES TR NASDQ BIOTEC ETF 464287556 846 2,500 SH   SOLE 2,500 0 0
LIBERTY GLOBAL PLC LILAC SHS CL A G5480U138 2,696 65,175 SH   SOLE 65,175 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 4,554 107,500 SH   SOLE 107,500 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 1,045 14,000 SH   SOLE 14,000 0 0
MUELLER INDS INC COM 624756102 1,075 125,000 SH   SOLE 125,000 0 0
MYLAN N V SHS EURO N59465109 1,163 21,500 SH   SOLE 21,500 0 0
NETFLIX INC COM 64110L106 801 7,000 SH   SOLE 7,000 0 0
OVERSEAS SHIPHOLDING GROUP I COM CL A 69036R301 3,325 1,004,676 SH   SOLE 1,004,676 0 0
OVERSEAS SHIPHOLDING GROUP I COM CL B 69036R400 1,072 323,888 SH   SOLE 323,888 0 0
PENNEY J C INC COM 708160106 80 12,000 SH   SOLE 12,000 0 0
SCHLUMBERGER LTD COM 806857108 349 5,000 SH   SOLE 5,000 0 0
SHIRE PLC SPONSORED ADR 82481R106 902 4,400 SH   SOLE 4,400 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 5,327 52,500 SH   SOLE 52,500 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 561 8,000 SH   SOLE 8,000 0 0
T MOBILE US INC COM 872590104 2,347 60,000 SH   SOLE 60,000 0 0
THE ADT CORPORATION COM 00101J106 1,979 60,000 SH   SOLE 60,000 0 0
TOOTSIE ROLL INDS INC COM 890516107 550 17,423 SH   SOLE 17,423 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 976 9,600 SH   SOLE 9,600 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 1,496 30,000 SH   SOLE 30,000 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 1,469 40,000 SH   SOLE 40,000 0 0
W P CAREY INC COM 92936U109 5,745 97,377 SH   SOLE 97,377 0 0