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
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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
BUNGE LTD COM G16962105 240 3,500 SH   SOLE   3,500 0 0
TEEKAY OFFSHORE PARTNERS LP COM Y8565J101 36 15,500 SH   SOLE   0 15,500 0
FRANKLIN NEW YORK TAX FREE COM 354130106 203 18,938 SH   SOLE   0 18,938 0
AERIE PHARMACEUTICALS COM COM 00771V108 2,062 33,500 SH   SOLE   0 33,500 0
ALIBABA GROUP HLDG LTD SPONSOR COM 01609w102 418 2,540 SH   SOLE   0 2,540 0
ALLY FINANCIAL INC COM 02005N100 278 10,500 SH   SOLE   10,500 0 0
ALPHABET INC CAP STK CL C COM 02079k107 1,695 1,420 SH   SOLE   500 920 0
ALTABA INC COM COM 021346101 204 3,000 SH   SOLE   3,000 0 0
AMAZON COM INC COM COM 023135106 385 192 SH   SOLE   0 192 0
AMERICAN INTERNATIONAL GROUP COM 026874784 266 5,000 SH   SOLE   4,000 1,000 0
AMERICAN TEL & TEL CO COM 00206R102 1,881 56,019 SH   SOLE   0 56,019 0
ANNALY MTG MGMT INC COM COM 035710409 286 28,000 SH   SOLE   0 28,000 0
APPLE COMPUTER INC W/RTS COM 037833100 9,076 40,206 SH   SOLE   750 39,356 100
APPLIED DNA SCIENCES I COM NEW COM 03815U201 74 50,000 SH   SOLE   0 50,000 0
ARBOR RLTY TR INC COM COM 038923108 4,706 409,969 SH   SOLE   0 409,969 0
AVNET INC COM 053807103 1,030 23,000 SH   SOLE   2,500 19,900 600
BERKSHIRE HATHAWAY INC COM 084670108 3,520 11 SH   SOLE   0 11 0
BERKSHIRE HATHAWAY INC-DEL COM 084670702 492 2,300 SH   SOLE   0 2,300 0
BIOSIG TECH INC COM NEW COM 09073n201 89 16,000 SH   SOLE   0 16,000 0
BK TECHNOLOGIES INC COM COM 09180a100 6,001 1,481,748 SH   SOLE   0 1,481,748 0
BRISTOL-MYERS SQUIBB CO COM 110122108 2,418 38,950 SH   SOLE   3,500 34,650 800
CAPITAL PRODUCT PARTNE COM UNI COM Y11082107 120 43,280 SH   SOLE   0 43,280 0
CATERPILLAR INC COM 149123101 274 1,800 SH   SOLE   0 1,800 0
CBS CORP NEW CL B COM 124857202 333 5,800 SH   SOLE   0 5,800 0
CELLDEX THERAPEUTICS I COM COM 15117b103 24 53,400 SH   SOLE   0 53,400 0
CHEMBIO DIAGNOSTICS IN COM NEW COM 163572209 1,056 100,535 SH   SOLE   41,000 56,035 3,500
CHIMERA INVT CORP COM NEW COM 16934q208 1,666 91,910 SH   SOLE   0 89,710 2,200
CITIGROUP INC COM 172967424 2,061 28,725 SH   SOLE   6,000 22,525 200
COGNIZANT TECH SOLUTNS CL A COM 192446102 405 5,250 SH   SOLE   0 5,250 0
COLGATE PALMOLIVE CO COM 194162103 201 3,000 SH   SOLE   0 3,000 0
COLONY CAP INC NEW CL A COM COM 19626G108 996 163,614 SH   SOLE   0 160,329 3,285
COMCAST CORP NEW CL A COM 20030N101 806 22,775 SH   SOLE   0 22,775 0
CONOCO PHILLIPS COM 20825C104 747 9,650 SH   SOLE   0 9,650 0
CORENERGY INFRASTRUCTU COM NEW COM 21870u502 1,160 30,868 SH   SOLE   0 29,968 900
CPI AEROSTRUCTURES INC COM NEW COM 125919308 335 40,100 SH   SOLE   0 40,100 0
DELL TECHNOLOGIES INC COM CL V COM 24703l103 291 3,000 SH   SOLE   3,000 0 0
DELTA AIR LINES INC DE COM NEW COM 247361702 2,102 36,350 SH   SOLE   0 35,850 500
DEVON ENERGY CORP COM 25179M103 1,550 38,803 SH   SOLE   3,000 35,203 600
FACEBOOK INC CL A COM 30303M102 1,410 8,575 SH   SOLE   1,500 6,975 100
FALCON MINERALS CORP CL A COM COM 30607b109 1,122 102,000 SH   SOLE   0 102,000 0
FEDEX CORP COM 31428X106 277 1,150 SH   SOLE   0 1,150 0
GALECTIN THERAPEUTICS INC COM 363225202 1,338 222,700 SH   SOLE   0 222,700 0
GENERAL ELECTRIC CO COM 369604103 891 78,925 SH   SOLE   0 78,925 0
GENERAL MOTORS CO COM 37045V100 3,454 102,593 SH   SOLE   9,000 92,293 1,300
GLOBAL SHIP LEASE INC SHS A COM y27183105 50 45,350 SH   SOLE   0 45,350 0
HC2 HLDGS INC COM COM 404139107 245 40,000 SH   SOLE   40,000 0 0
HCP INC COM COM 40414L109 445 16,900 SH   SOLE   0 16,900 0
HERCULES TECHNOLOGY GROWTH COM 427096508 3,145 239,017 SH   SOLE   25,000 212,128 1,889
HOUSTON AMERN ENERGY C COM COM 44183U100 343 1,558,959 SH   SOLE   0 1,558,959 0
INTEL CORP COM 458140100 828 17,500 SH   SOLE   0 17,500 0
INVESCO EXCHANGE TRADE AEROSPA COM 46137v100 283 4,600 SH   SOLE   0 4,600 0
INVESCO QQQ TR UNIT SER 1 COM 46090e103 389 2,095 SH   SOLE   0 2,095 0
ISHARES TR DJ US INDEX FD COM 464287846 210 1,440 SH   SOLE   0 1,440 0
ISHARES TR S&P 100 IDX FD COM 464287101 398 3,070 SH   SOLE   0 3,070 0
ISTAR FINANCIAL INC COM 45031U101 436 39,050 SH   SOLE   0 38,550 500
JOHNSON & JOHNSON COM 478160104 988 7,148 SH   SOLE   0 7,148 0
KENNEDY - WILSON HOLDINGS INC. COM 489398107 731 34,000 SH   SOLE   34,000 0 0
KKR & CO INC CL A COM 48251w104 4,827 177,000 SH   SOLE   15,000 158,900 3,100
LIONS GATE ENTERTAINMENT CORP COM 535919500 291 12,500 SH   SOLE   12,500 0 0
MACYS INC COM COM 55616p104 1,907 54,900 SH   SOLE   5,500 48,900 500
MEDICAL PPTYS TR INC COM COM 58463J304 3,160 211,950 SH   SOLE   0 210,750 1,200
MEDTRONIC PLC SHS COM g5960l103 1,144 11,625 SH   SOLE   0 11,625 0
MERCK & CO INC COM 58933Y105 1,813 25,550 SH   SOLE   0 25,550 0
METRO GOLDWYN MAYER COM COM 552953101 279 10,000 SH   SOLE   10,000 0 0
MFA FINANCIAL INC COM 55272X102 380 51,700 SH   SOLE   0 51,700 0
MFS CHARTER INCOME TRUST-SBI COM 552727109 250 32,250 SH   SOLE   0 31,750 500
MICROSOFT CORP COM 594918104 4,542 39,715 SH   SOLE   11,000 27,715 1,000
MONDELEZ INTL INC CL A COM 609207105 1,655 38,523 SH   SOLE   0 37,423 1,100
MONMOUTH REAL ESTATE INVT CORP COM 609720107 1,445 86,400 SH   SOLE   0 85,500 900
NETFLIX INC COM COM 64110l106 1,088 2,907 SH   SOLE   0 2,907 0
NEWELL CO COM 651229106 2,154 106,110 SH   SOLE   10,000 94,110 2,000
NUVERRA ENVIRONMENTAL SHS COM 67091k302 398 35,758 SH   SOLE   0 35,758 0
OMEGA HEALTHCARE INVS COM COM 681936100 581 17,725 SH   SOLE   0 17,725 0
PEPSICO INC. COM 713448108 246 2,200 SH   SOLE   0 2,200 0
PFIZER INC. COM 717081103 3,928 89,125 SH   SOLE   7,500 79,325 2,300
PICO HOLDINGS INC COM 693366205 263 20,957 SH   SOLE   20,957 0 0
PLATFORM SPECIALTY PRO COM COM 72766q105 156 12,500 SH   SOLE   12,500 0 0
PPL CORP COM COM 69351T106 219 7,500 SH   SOLE   0 7,500 0
PRESIDENTIAL RLTY NEW CL B COM 741004204 1 74,000 SH   SOLE   0 74,000 0
PROCTER & GAMBLE CO COM 742718109 832 10,000 SH   SOLE   0 10,000 0
READING INTERNATINAL CL A COM 755408101 491 31,100 SH   SOLE   18,500 12,600 0
RED LION HOTELS CORP COM 756764106 2,694 215,547 SH   SOLE   79,500 132,147 3,900
REDWOOD TR INC COM COM 758075402 568 34,966 SH   SOLE   0 33,966 1,000
RETAIL OPPORTUNITY INVESTMEN COM 76131N101 355 19,000 SH   SOLE   10,000 9,000 0
ROYAL GOLD INC COM 780287108 478 6,200 SH   SOLE   1,000 5,200 0
SANOFI SPONSORED ADR COM 80105n105 415 9,300 SH   SOLE   0 9,300 0
SAREPTA THERAPEUTICS I COM COM 803607100 646 4,000 SH   SOLE   0 4,000 0
SECTOR SPDR TR SBI INT-ENERGY COM 81369Y506 403 5,318 SH   SOLE   0 5,318 0
SELECT SECTOR SPDR TR SBI HEAL COM 81369y209 249 2,620 SH   SOLE   0 2,620 0
SPDR GOLD TRUST GOLD SHS COM 78463v107 338 3,000 SH   SOLE   3,000 0 0
SPROTT PHYSICAL GOLD UNIT COM 85207H104 2,458 257,371 SH   SOLE   0 249,971 7,400
STONEMOR PARTNERS L P COM UNIT COM 86183Q100 218 42,500 SH   SOLE   42,500 0 0
TEEKAY SHIPPNG MARS IS COM COM Y8564W103 145 21,500 SH   SOLE   20,000 1,500 0
TRINITY BIOTECH PLC-SPON ADR COM 896438306 79 19,728 SH   SOLE   5,000 14,728 0
UNITED PARCEL SVC INC COM 911312106 210 1,800 SH   SOLE   0 1,800 0
VANGUARD INDEX FDS REIT ETF COM 922908553 330 4,095 SH   SOLE   0 4,095 0
VANGUARD INDEX FDS STK MRK ETF COM 922908769 405 2,705 SH   SOLE   0 2,705 0
VENTAS INC COM COM 92276F100 1,414 26,000 SH   SOLE   0 26,000 0
VERIZON COMMUNICATIONS COM 92343V104 348 6,524 SH   SOLE   0 6,524 0
VERTEX ENERGY INC COM COM 92534K107 625 365,769 SH   SOLE   0 365,769 0
VOLT INFO SCIENCES INC COM 928703107 1,346 349,488 SH   SOLE   70,000 272,488 7,000
WAL-MART STORES INC. COM 931142103 979 10,425 SH   SOLE   0 10,125 300
WALGREENS BOOTS ALLIAN COM COM 931427108 2,059 28,250 SH   SOLE   5,000 22,750 500
WALT DISNEY CO W/RTS TO PUR COM 254687106 944 8,073 SH   SOLE   0 8,073 0
SEASPAN CORPORATION CUM RED PRD Y75638208 718 28,850 SH   SOLE   0 28,850 0
TSAKOS ENERGY NAVIGATION LT PRD G9108L124 255 10,100 SH   SOLE   0 10,100 0
B RILEY FINL INC SR NT 27 PRD 05580m306 305 11,947 SH   SOLE   0 9,947 2,000
B RILEY FINL INC SR NT 7.25 2 PRD 05580m405 921 36,600 SH   SOLE   0 35,100 1,500
CHS INC 8 CUM REDEEMABLE PFD PRD 12542R209 1,058 35,707 SH   SOLE   0 33,107 2,600
GOLDMAN SACHS GROUP PFD A 1/10 PRD 38143Y665 984 43,369 SH   SOLE   0 38,369 5,000
METLIFE INC PFD A FLT RATE PRD 59156R504 534 21,200 SH   SOLE   0 20,400 800
MORGAN STANLEY DEP SHS REPSTG PRD 61747S504 537 23,705 SH   SOLE   0 20,505 3,200
ABERDEEN ASIA PAC INCM COM COM 003009107 107 25,800 SH   SOLE   0 25,800 0
ALLIANCEBERNSTEIN MUN N Y PTFL COM 018642207 287 29,597 SH   SOLE   0 29,597 0
BLACKROCK CORE BD TR SHS BEN I COM 09249E101 1,052 82,294 SH   SOLE   0 82,294 0
BLACKROCK MUNIHLDNGS C COM COM 09254L107 314 25,000 SH   SOLE   0 25,000 0
BLACKSTONE GSO RTE FND COM COM 09256U105 1,217 67,628 SH   SOLE   0 67,628 0
BOULDER GROWTH & INCOM COM COM 101507101 1,563 139,400 SH   SOLE   0 134,900 4,500
EATON VANCE MUNS TR EV NY MUN COM 27826l322 139 14,147 SH   SOLE   0 14,147 0
FPA NEW INCOME INC COM COM 302544101 187 18,776 SH   SOLE   0 18,776 0
LEUTHOLD FDS INC GRIZZLY SHORT COM 527289797 929 52,650 SH   SOLE   0 51,275 1,375
LORD ABBETT INVT TR SH DURA IN COM 543916464 145 34,960 SH   SOLE   0 34,960 0
LORD ABBETT MUNI INCOM N Y SER COM 543902209 201 18,173 SH   SOLE   0 18,173 0
MFS INTER INCOME FD SH BEN INT COM 55273C107 227 60,300 SH   SOLE   0 60,300 0
NUVEEN DOW 30 DYNAMIC OVERWRIT COM 67075f105 736 37,206 SH   SOLE   0 37,206 0
NUVEEN PA INVT QUALITY COM COM 670972108 207 16,600 SH   SOLE   0 16,600 0
PIMCO CORPORATE OPP FD COM COM 72201B101 350 19,600 SH   SOLE   0 19,600 0
PIMCO DYNAMIC CR INCOM COM SHS COM 72202D106 371 15,400 SH   SOLE   0 15,400 0
RIVERPARK FDS TR STRAT INC RTA COM 76882k751 102 10,899 SH   SOLE   0 10,899 0
TEMPLETON INCOME TR GLO TOTRTN COM 880208855 710 61,219 SH   SOLE   0 61,219 0
BIOLINERX LTD SPONSORED ADR ADR 09071M106 153 143,000 SH   SOLE   0 143,000 0
ROYAL DUTCH SHELL PLC SPONS AD ADR 780259206 1,254 18,400 SH   SOLE   0 18,400 0
TEVA PHARMACEUTCL INDS ADR ADR 881624209 895 41,544 SH   SOLE   0 41,544 0
GM 10JUL19 18.33 C Option 37045V126 303 18,346 SH Call SOLE   11,445 6,901 0