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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALPHABET INC CAP STK CL A 02079K305   2,884 4,100 SH   SOLE 4,100 0 0
ALPHABET INC CAP STK CL C 02079K107   3,118 4,505 SH   SOLE 4,505 0 0
ALPS ETF TR ALERIAN MLP 00162Q866   191 15,000 SH   SOLE 15,000 0 0
AMAZON COM INC COM 023135106   7,156 10,000 SH   SOLE 10,000 0 0
APPLE INC COM 037833100   6,792 71,050 SH   SOLE 71,050 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   2,170 10 SH   SOLE 10 0 0
BIOGEN INC COM 09062X103   484 2,000 SH   SOLE 2,000 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101   3,606 232,656 SH   SOLE 232,656 0 0
BLACKBERRY LTD COM 09228F103   67 10,000 SH   SOLE 10,000 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253u108   2,822 115,000 SH   SOLE 115,000 0 0
BLACKSTONE MTG TR INC COM CL A 09257w100   3,340 120,694 SH   SOLE 120,694 0 0
CALLAWAY GOLF CO COM 131193104   1,021 100,000 SH   SOLE 100,000 0 0
CARROLS RESTAURANT GROUP INC COM 14574X104   1,416 118,959 SH   SOLE 118,959 0 0
CHEVRON CORP NEW COM 166764100   419 4,000 SH   SOLE 4,000 0 0
CIVEO CORP CDA COM 17878Y108   135 75,000 SH   SOLE 75,000 0 0
DIANA SHIPPING INC COM Y2066G104   122 50,000 SH   SOLE 50,000 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105   383 26,567 SH   SOLE 26,567 0 0
DRYSHIPS INC COM NEW Y2109Q127   54 96,600 SH   SOLE 96,600 0 0
FACEBOOK INC CL A 30303M102   4,857 42,500 SH   SOLE 42,500 0 0
GOLDEN OCEAN GROUP LTD SHS G39637106   1,283 1,932,258 SH   SOLE 1,932,258 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104   872 30,000 SH   SOLE 30,000 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107   851 14,000 SH   SOLE 14,000 0 0
MYLAN N V SHS EURO N59465109   930 21,500 SH   SOLE 21,500 0 0
NETFLIX INC COM 64110L106   1,875 20,500 SH   SOLE 20,500 0 0
OVERSEAS SHIPHOLDING GROUP I CL A NEW 69036R863   3,519 320,156 SH   SOLE 320,156 0 0
PANDORA MEDIA INC COM 698354107   125 10,000 SH   SOLE 10,000 0 0
PENNEY J C INC COM 708160106   107 12,000 SH   SOLE 12,000 0 0
PROSHARES TR II ULT VIX SHRT 74347W312   2,402 255,000 SH   SOLE 255,000 0 0
SCHLUMBERGER LTD COM 806857108   3,653 46,200 SH   SOLE 46,200 0 0
SHIRE PLC SPONSORED ADR 82481R106   810 4,400 SH   SOLE 4,400 0 0
SPDR GOLD TRUST GOLD SHS 78463V107   6,642 52,500 SH   SOLE 52,500 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   6,286 30,000 SH   SOLE 30,000 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870   216 4,000 SH   SOLE 4,000 0 0
T MOBILE US INC COM 872590104   2,769 64,000 SH   SOLE 64,000 0 0
TOOTSIE ROLL INDS INC COM 890516107   691 17,945 SH   SOLE 17,945 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874   1,167 25,000 SH   SOLE 25,000 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858   743 21,000 SH   SOLE 21,000 0 0
W P CAREY INC COM 92936U109   6,760 97,377 SH   SOLE 97,377 0 0
XPLORE TECHNOLOGIES CORP COM PAR $0.001 983950700   57 23,621 SH   SOLE 23,621 0 0