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
Acadia Pharmaceuticals Com 004255108 4,237 133,435 SH   SOLE   133,435 0 0
Achillion Pharma Inc Com 00448Q201 128 10,450 SH   SOLE   10,450 0 0
Alcoa Inc Com 013817101 614 38,872 SH   SOLE   38,872 0 0
Ambac Finl Group New Com New 023139884 7,167 292,539 SH   SOLE   292,539 0 0
Antares Pharma Inc Com 036642106 35 13,750 SH   SOLE   13,750 0 0
Apple Inc Com 037833100 281 2,545 SH   SOLE   2,545 0 0
Arcelormittal Sa Mand CV NT 16 L0302D178 346 20,000 SH   SOLE   20,000 0 0
Ares Coml Real Estate Com 04013v108 975 84,932 SH   SOLE   84,932 0 0
Atlas Pipeline Part Lp Unit l p int 049392103 710 26,050 SH   SOLE   26,050 0 0
Bank Of America Corp Com 060505104 267 14,917 SH   SOLE   14,917 0 0
Berkshire Hathaway Cl B Cl B New 084670702 951 6,335 SH   SOLE   6,335 0 0
Calumet Specialty Prod UT LTD Partner 131476103 901 40,184 SH   SOLE   40,184 0 0
Cerus Corp Com 157085101 341 54,700 SH   SOLE   54,700 0 0
Chevron Corp Com 166764100 220 1,959 SH   SOLE   1,959 0 0
Cisco Systems Inc Com 17275R102 781 28,090 SH   SOLE   28,090 0 0
Citigroup Inc Com 172967954 3,436 63,494 SH   SOLE   63,494 0 0
Cliffs Natural Resources Inc. COM 18683K101 67 10,000 SH   SOLE   10,000 0 0
Compass Diversified Hldg Sh Ben Int 20451Q104 901 55,420 SH   SOLE   55,420 0 0
Delek Logistics Lp Com Unt RP Int 24664T103 284 8,000 SH   SOLE   8,000 0 0
Delek US Holdings Inc Com 246647101 1,378 50,500 SH   SOLE   50,500 0 0
Directv Group Inc Com 25490A309 1,658 19,127 SH   SOLE   19,127 0 0
Earthlink Holdings Corp Com 270321102 6,123 1,394,653 SH   SOLE   1,394,653 0 0
Exxon Mobil Corporation Com 30231G102 252 2,726 SH   SOLE   2,726 0 0
Fifth Street Finance Cp Com 31678A103 656 81,838 SH   SOLE   81,838 0 0
Ford Motor Company Com Par $0.01 345370860 220 14,200 SH   SOLE   14,200 0 0
Gaming & Leisure Pptys Com 36467J108 800 27,255 SH   SOLE   27,255 0 0
Gannett Co Inc Del Com 364730101 1,467 45,951 SH   SOLE   45,951 0 0
Gencor Industries Inc Com 368678108 174 18,500 SH   SOLE   18,500 0 0
General Electric Company Com 369604103 568 22,478 SH   SOLE   22,478 0 0
Goldcorp Inc New Com 380956409 8,439 455,647 SH   SOLE   455,647 0 0
Goldman Sachs Group Inc Com 38141G104 381 1,964 SH   SOLE   1,964 0 0
Hewlett-Packard Company Com 428236103 431 10,752 SH   SOLE   10,752 0 0
Hi-Crush Partners Lp Com Unit Ltd 428337109 431 13,874 SH   SOLE   13,874 0 0
Intel Corp Com 458140100 841 23,175 SH   SOLE   23,175 0 0
Johnson & Johnson Com 478160104 266 2,545 SH   SOLE   2,545 0 0
Merck & Co Inc Com 58933Y105 326 5,736 SH   SOLE   5,736 0 0
Microsoft Corp Com 594918104 2,092 45,048 SH   SOLE   45,048 0 0
National Oilwell Varco Com 637071101 7,534 114,966 SH   SOLE   114,966 0 0
Navios Maritime Acqstn SHS Y62159101 540 148,689 SH   SOLE   148,689 0 0
Navios Maritime Ptnrs Unit LPI Y62267102 549 54,029 SH   SOLE   54,029 0 0
New Media Inv Grp Inc Com 64704V106 11,564 489,366 SH   SOLE   489,366 0 0
New Residential Inv Corp Com 64828T102 5,328 417,253 SH   SOLE   417,253 0 0
New Senior Inv Grp Inc Com 648691103 11,554 702,381 SH   SOLE   702,381 0 0
Nokia Corp Spon Adr Sponsored ADR 654902204 93 11,850 SH   SOLE   11,850 0 0
Northstar Asset Mgmt Grp Com 66705Y104 7,804 345,785 SH   SOLE   345,785 0 0
Northstar Realty Fin Cp Com 66704R100 17,362 987,607 SH   SOLE   987,607 0 0
Pennantpark Cap Ltd Com 70806A106 524 38,189 SH   SOLE   38,189 0 0
Pennantpark Invt Corp Com 708062104 428 44,915 SH   SOLE   44,915 0 0
Pfizer Incorporated Com 717081103 1,066 34,224 SH   SOLE   34,224 0 0
Pimco Dynamic Cdt Inc Fd Com SHS 72202D106 873 42,270 SH   SOLE   42,270 0 0
Pimco Total Return ETF TTL RTN ACTV ETF 72201R775 433 4,037 SH   SOLE   4,037 0 0
Pitney Bowes Inc Com 724479100 5,604 229,967 SH   SOLE   229,967 0 0
Promotora De Info Adr Af ADR Cl A Shs 74343G204 2,209 1,887,661 SH   SOLE   1,887,661 0 0
Proshs Ultra Oil & Gas PSHS Ultra O&G 74347R719 294 5,439 SH   SOLE   5,439 0 0
Schw US Lcap Etf US LRG CAP ETF 808524201 16,908 344,705 SH   SOLE   344,705 0 0
Seattle Genetics Inc Com 812578102 272 8,470 SH   SOLE   8,470 0 0
Solar Capital Ltd Com 83413U100 368 20,410 SH   SOLE   20,410 0 0
Solar Senior Capital Com 83416M105 293 19,560 SH   SOLE   19,560 0 0
Starwood Ppty TRUST Inc Com 85571B105 10,878 468,081 SH   SOLE   468,081 0 0
Synageva Biopharma Corp Com 87189A103 863 9,305 SH   SOLE   9,305 0 0
Teekay Corp Com Y8564W103 1,074 21,109 SH   SOLE   21,109 0 0
Teekay Lng Partners LPF Partnership Units Y8564M105 11,993 278,911 SH   SOLE   278,911 0 0
Teekay Offshore Partners Partnership Un Y8565J101 10,842 404,696 SH   SOLE   404,696 0 0
Teekay Tankers Ltd Cl Af CL A Y8565N102 9,919 1,960,352 SH   SOLE   1,960,352 0 0
Tronox Ltd Class A SHS CL A Q9235V102 10,328 432,475 SH   SOLE   432,475 0 0
Two Harbors Investment Com 90187B101 7,275 726,039 SH   SOLE   726,039 0 0
Visa Inc Cl A Com CL A 92826C839 1,485 5,663 SH   SOLE   5,663 0 0
Xenoport Inc Com 98411C100 467 53,200 SH   SOLE   53,200 0 0
Xoma Corp Com 98419J107 61 16,900 SH   SOLE   16,900 0 0