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
1/100 Berkshire Htwy Cla CL A 084670108 1,081 500 SH   SOLE   0 0 500
21st Cent Fox Cl A CL A 90130A101 1,071 44,224 SH   SOLE   0 0 44,224
A T & T Inc. COM 00206R102 1,158 28,508 SH   SOLE   0 0 28,508
Acadia Pharmaceuticals COM 00404A109 3,196 100,483 SH   SOLE   0 0 100,483
Acorda Therapeutics New COM 00484M106 221 10,589 SH   SOLE   0 0 10,589
Alcoa Inc COM 013817101 416 40,980 SH   SOLE   0 0 40,980
Allergan Inc SHS G0177J108 5,292 22,976 SH   SOLE   0 0 22,976
Alphabet Inc Class A CL A 38259P508 5,781 7,190 SH   SOLE   0 0 7,190
Altria Group Inc COM 02209S103 262 4,138 SH   SOLE   0 0 4,138
Ambac Finl Group 23wts W. Exp 4/30/202 023139116 485 55,065 SH   SOLE   0 0 55,065
Ambac Finl Group New COM 023139884 2,897 157,549 SH   SOLE   0 0 157,549
Amicus Therapeutics Inc COM 03152W109 318 42,995 SH   SOLE   0 0 42,995
Apple Inc Com 037833100 630 5,576 SH   SOLE   0 0 5,576
Arcelor Mittal NY New NY Registry SH 03938L104 189 31,291 SH   SOLE   0 0 31,291
Ares Coml Real Estate Com 04013v108 870 69,077 SH   SOLE   0 0 69,077
Astoria Financial Corp Com 046265104 219 15,000 SH   SOLE   0 0 15,000
Bank Of America Corp Com 060505104 3,804 243,091 SH   SOLE   0 0 243,091
Berkshire Hathaway Cl B Com 084670702 790 5,470 SH   SOLE   0 0 5,470
Biocryst Pharmaceuticals Com 09058V103 420 95,170 SH   SOLE   0 0 95,170
Biotime Inc Com 09066L105 124 31,800 SH   SOLE   0 0 31,800
Boeing Co COM 097023105 5,048 38,316 SH   SOLE   0 0 38,316
Calumet Specialty Prod UT LTD Partner 131476103 833 184,645 SH   SOLE   0 0 184,645
Catalyst Pharma Partners Com 14888U101 198 181,900 SH   SOLE   0 0 181,900
CBS Corporation CL B CL B 124857202 1,745 31,883 SH   SOLE   0 0 31,883
Cerus Corp Com 157085101 118 18,950 SH   SOLE   0 0 18,950
Cisco Systems Inc Com 17275R102 891 28,090 SH   SOLE   0 0 28,090
Citigroup Inc Com 172967954 6,200 131,264 SH   SOLE   0 0 131,264
Cleveland Cliffs Inc Com 18683K101 59 10,052 SH   SOLE   0 0 10,052
Communications Sales COM 20341J104 1,623 51,669 SH   SOLE   0 0 51,669
Compass Diversified Hldg Sh Ben Int 20451Q104 1,143 65,770 SH   SOLE   0 0 65,770
Corning Inc Com 219350105 5,202 219,964 SH   SOLE   0 0 219,964
Delek Logistics Lp Com Unt Rp Int 24664T103 229 8,000 SH   SOLE   0 0 8,000
Disney Walt Hldg Co Com Disney 254687106 283 3,048 SH   SOLE   0 0 3,048
Dyax Corp Cvr Rts Com 26746E103 0 28,950 SH   SOLE   0 0 28,950
Enzo Biochem Inc COM 294100102 66 12,915 SH   SOLE   0 0 12,915
Exxon Mobil Corporation Com 30231G102 234 2,678 SH   SOLE   0 0 2,678
Fifth Street Finance Cp Com 31678A103 156 26,795 SH   SOLE   0 0 26,795
Fly Leasing Ltd Adr Sponsored ADR 34407D109 735 63,425 SH   SOLE   0 0 63,425
Ford Motor Company Com 345370860 171 14,200 SH   SOLE   0 0 14,200
Gaming & Leisure Pptys Com 36467J108 991 29,612 SH   SOLE   0 0 29,612
Gencor Industries Inc Com 368678108 336 28,045 SH   SOLE   0 0 28,045
General Electric Company Com 369604103 3,291 111,097 SH   SOLE   0 0 111,097
General Motors Corp Com 37045V100 1,236 38,895 SH   SOLE   0 0 38,895
Genomic Health Com 37244C101 734 25,395 SH   SOLE   0 0 25,395
Gilead Sciences Inc Com 375558103 5,582 70,550 SH   SOLE   0 0 70,550
Goldman Sachs Bdc Inc SHS 38147U107 517 23,770 SH   SOLE   0 0 23,770
Goldman Sachs Group Inc Com 38141G104 410 2,544 SH   SOLE   0 0 2,544
Halliburton Co Hldg Co COM 406216101 224 5,000 SH   SOLE   0 0 5,000
Id Systems Inc COM 449489103 100 20,245 SH   SOLE   0 0 20,245
Imprimis Pharma New COM New 45323A201 126 33,097 SH   SOLE   0 0 33,097
Incyte Corporation COM 45337C102 1,567 16,616 SH   SOLE   0 0 16,616
Intel Corp Com 458140100 820 21,710 SH   SOLE   0 0 21,710
Ishares Core S&P 500 Core S&P500 ETF 464287200 610 2,805 SH   SOLE   0 0 2,805
Ishares Select Dividend Select Divid ETF 464287168 596 6,950 SH   SOLE   0 0 6,950
Ishares Tr Msci Eafe Fd MSCI EAFE ETF 464287465 563 9,520 SH   SOLE   0 0 9,520
Johnson & Johnson Com 478160104 333 2,816 SH   SOLE   0 0 2,816
Knot Offshore Ptnrs Lp Com Units Y48125101 264 12,645 SH   SOLE   0 0 12,645
Landmark Infrastruct Lp Com Unit Ltd 51508J108 785 44,685 SH   SOLE   0 0 44,685
Macquarie Infrastruc COM 55608B105 4,424 53,151 SH   SOLE   0 0 53,151
Merck & Co Inc Com 58933Y105 377 6,041 SH   SOLE   0 0 6,041
Microsoft Corp Com 594918104 1,954 33,925 SH   SOLE   0 0 33,925
Navios Maritime Acqstn SHS Y62159101 301 223,265 SH   SOLE   0 0 223,265
Navios Maritime Mid Lp Com Unit LTD Y62134104 511 48,320 SH   SOLE   0 0 48,320
New Media Inv Grp Inc Com 64704V106 4,340 279,973 SH   SOLE   0 0 279,973
New Residential Inv Corp Com 64828T102 6,700 485,162 SH   SOLE   0 0 485,162
New Senior Inv Grp Inc Com 648691103 3,087 267,474 SH   SOLE   0 0 267,474
News Corp New CL A CL A 65249B109 372 26,632 SH   SOLE   0 0 26,632
Nokia Corp Spon Adr Sponsored ADR 654902204 69 11,850 SH   SOLE   0 0 11,850
Northstar Asset Mgmt Grp Com 66705Y104 1,427 110,371 SH   SOLE   0 0 110,371
Northstar Realty Eur Com 66704R100 460 42,050 SH   SOLE   0 0 42,050
Northstar Realty Fin Cp Com 66704R803 5,373 407,935 SH   SOLE   0 0 407,935
Ocular Therapeutix I Com 67576A100 84 12,275 SH   SOLE   0 0 12,275
Outfront Media Inc Com 69007J106 711 30,061 SH   SOLE   0 0 30,061
Pennantpark Cap Ltd Com 70806A106 412 31,105 SH   SOLE   0 0 31,105
Pennantpark Invt Corp Com 708062104 367 48,780 SH   SOLE   0 0 48,780
Peregrine Pharma Inc Com New 713661304 6 15,000 SH   SOLE   0 0 15,000
Pfizer Incorporated Com 717081103 1,213 35,808 SH   SOLE   0 0 35,808
Philip Morris Intl Inc COM 718172109 420 4,316 SH   SOLE   0 0 4,316
Pimco Broad US Tips Broad US Tips 72201R403 540 9,100 SH   SOLE   0 0 9,100
Pimco Total Return ETF TTL RTN ACTV ETF 72201R775 926 8,580 SH   SOLE   0 0 8,580
Pitney Bowes Inc Com 724479100 3,825 210,614 SH   SOLE   0 0 210,614
Real Industry Inc Com 75601W104 109 17,810 SH   SOLE   0 0 17,810
Royal Dutch Shell B Adrf Sponsored ADR B 780259104 1,338 25,325 SH   SOLE   0 0 25,325
Schw US LCap Etf US LRG CAP ETF 808524201 3,815 73,912 SH   SOLE   0 0 73,912
Scorpio Tankers Inc SHS Y7542C106 304 65,745 SH   SOLE   0 0 65,745
Seattle Genetics Inc Com 812578102 2,325 43,050 SH   SOLE   0 0 43,050
Sector Spdr Consumer Fd SBI CINS Discr 81369Y407 285 3,557 SH   SOLE   0 0 3,557
Sector Spdr Engy Select SBI INT-ENERGY 81369Y506 355 5,027 SH   SOLE   0 0 5,027
Sector Spdr Fincl Select SBI INT-Finl 81369Y605 524 27,127 SH   SOLE   0 0 27,127
Sector Spdr Health Fund SBI Healthcare 81369Y209 784 10,867 SH   SOLE   0 0 10,867
Sector Spdr Tech Select Technology 81369Y803 6,177 129,276 SH   SOLE   0 0 129,276
Service Corp Intl Com 817565104 211 7,942 SH   SOLE   0 0 7,942
Solar Capital Ltd Com 83413U100 422 20,547 SH   SOLE   0 0 20,547
Solar Senior Capital Com 83416M105 337 20,765 SH   SOLE   0 0 20,765
Spdr S&P 500 TR Unit 78462F103 683 3,157 SH   SOLE   0 0 3,157
Spdr S&P 600 Small Cap S&P 600 SML Cap 78464A813 221 1,983 SH   SOLE   0 0 1,983
Spdr S&P Regional Bking S&P REGL BKG 78464A698 249 5,894 SH   SOLE   0 0 5,894
Starwood Ppty TRUST Inc Com 85571B105 7,695 341,680 SH   SOLE   0 0 341,680
Suburban Propane Prt L P Unit LTD PARTN 864482104 749 22,485 SH   SOLE   0 0 22,485
Teekay Corp Com Y8564W103 134 17,400 SH   SOLE   0 0 17,400
Teekay Lng Partners LP Partnership Units Y8564M105 4,286 283,288 SH   SOLE   0 0 283,288
Teekay Offshore Partners Partnership Un Y8565J101 3,443 544,700 SH   SOLE   0 0 544,700
Teekay Tankers Ltd Cl Af CL A Y8565N102 2,023 799,784 SH   SOLE   0 0 799,784
Tronox Ltd Class A SHS CL A Q9235V102 3,521 375,825 SH   SOLE   0 0 375,825
Two Harbors Investment Com 90187B101 1,285 150,635 SH   SOLE   0 0 150,635
Visa Inc Cl A COM CL A 92826C839 2,016 24,375 SH   SOLE   0 0 24,375
Wells Fargo & Co New Com 949746101 265 5,978 SH   SOLE   0 0 5,978
Western Digital Corp COM 958102105 815 13,940 SH   SOLE   0 0 13,940
Windstream Hldgs Inc COM New 97382A200 1,323 131,640 SH   SOLE   0 0 131,640