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
3M CO COM 88579Y101 333 2,210 SH   SOLE   2,210 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 414 3,960 SH   SOLE   3,960 0 0
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 323 30,000 SH   SOLE   30,000 0 0
ALLIANZGI EQUITY & CONV INCO COM 018829101 1,078 60,000 SH   SOLE   60,000 0 0
ALPHABET INC CAP STK CL A 02079K305 14,004 18,000 SH   SOLE   0 0 18,000
ALTRIA GROUP INC COM 02209S103 441 7,570 SH   SOLE   7,570 0 0
AMAZON COM INC COM 023135106 53,632 79,350 SH   SOLE   79,350 0 0
AMERICAN CAP LTD COM 02503Y103 276 20,000 SH   SOLE   20,000 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 434 25,000 SH   SOLE   25,000 0 0
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 4,727 311,350 SH   SOLE   311,350 0 0
APPLE INC COM 037833100 449 4,270 SH   SOLE   4,270 0 0
ASPEN TECHNOLOGY INC COM 045327103 215 5,700 SH   SOLE   5,700 0 0
AUTOZONE INC COM 053332102 504 680 SH   SOLE   680 0 0
AVAGO TECHNOLOGIES LTD SHS Y0486S104 218 1,500 SH   SOLE   1,500 0 0
AVALONBAY CMNTYS INC COM 053484101 460 2,500 SH   SOLE   2,500 0 0
BAIDU INC SPON ADR REP A 056752108 7,562 40,000 SH   SOLE   0 0 40,000
BANK NEW YORK MELLON CORP COM 064058100 433 10,500 SH   SOLE   10,500 0 0
BARD C R INC COM 067383109 332 1,750 SH   SOLE   1,750 0 0
BARRICK GOLD CORP COM 067901108 2,037 276,000 SH   SOLE   276,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 4,945 25 SH   SOLE   0 0 25
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 72,028 545,500 SH   SOLE   545,500 0 0
BIOGEN INC COM 09062X103 300 980 SH   SOLE   980 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 1,234 100,000 SH   SOLE   100,000 0 0
BLACKROCK DEBT STRAT FD INC COM 09255R103 236 70,000 SH   SOLE   70,000 0 0
BLACKROCK GLOBAL OPP EQTY TR COM 092501105 205 16,100 SH   SOLE   16,100 0 0
BLACKROCK INCOME TR INC COM 09247F100 264 41,321 SH   SOLE   41,321 0 0
BLACKROCK INTL GRWTH & INC T COM BENE INTER 092524107 187 30,000 SH   SOLE   30,000 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 419 58,880 SH   SOLE   58,880 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 6,401 218,900 SH   SOLE   218,900 0 0
CAPSTEAD MTG CORP COM NO PAR 14067E506 175 20,000 SH   SOLE   20,000 0 0
CARMAX INC COM 143130102 2,699 50,000 SH   SOLE   0 0 50,000
CBRE CLARION GLOBAL REAL EST COM 12504G100 1,299 170,000 SH   SOLE   170,000 0 0
CENTRAL GOLDTRUST TR UNIT 153546106 1,508 40,000 SH   SOLE   40,000 0 0
CLOROX CO DEL COM 189054109 311 2,450 SH   SOLE   2,450 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 104 10,000 SH   SOLE   10,000 0 0
COHEN & STEERS INFRASTRUCTUR COM 19248A109 382 20,000 SH   SOLE   20,000 0 0
COLFAX CORP COM 194014106 8,131 348,200 SH   SOLE   348,200 0 0
COLONY CAP INC CL A 19624R106 7,983 409,800 SH   SOLE   409,800 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 2,419 110,800 SH   SOLE   110,800 0 0
CREDIT ACCEP CORP MICH COM 225310101 8,561 40,000 SH   SOLE   0 0 40,000
DCT INDUSTRIAL TRUST INC COM NEW 233153204 2,571 68,800 SH   SOLE   68,800 0 0
DELEK LOGISTICS PARTNERS LP COM UNT RP INT 24664T103 1,203 33,700 SH   SOLE   33,700 0 0
DIAMONDROCK HOSPITALITY CO COM 252784301 2,041 211,500 SH   SOLE   211,500 0 0
DIGITAL RLTY TR INC COM 253868103 2,677 35,400 SH   SOLE   35,400 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 487 30,000 SH   SOLE   30,000 0 0
DUKE REALTY CORP COM NEW 264411505 2,546 121,100 SH   SOLE   121,100 0 0
EATON VANCE TAX MNGD GBL DV COM 27829F108 443 50,000 SH   SOLE   50,000 0 0
ELLINGTON FINANCIAL LLC COM 288522303 321 19,115 SH   SOLE   19,115 0 0
ENABLE MIDSTREAM PARTNERS LP COM UNIT RP IN 292480100 2,180 236,940 SH   SOLE   236,940 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 1,917 139,530 SH   SOLE   139,530 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 2,926 86,750 SH   SOLE   86,750 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 3,610 141,110 SH   SOLE   141,110 0 0
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 2,754 36,500 SH   SOLE   36,500 0 0
EQUINIX INC COM PAR $0.001 29444U700 250 827 SH   SOLE   827 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 2,351 84,800 SH   SOLE   84,800 0 0
EQUITY ONE COM 294752100 2,609 96,100 SH   SOLE   96,100 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 2,540 31,130 SH   SOLE   31,130 0 0
F5 NETWORKS INC COM 315616102 359 3,700 SH   SOLE   3,700 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 2,513 17,200 SH   SOLE   17,200 0 0
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 344 24,600 SH   SOLE   24,600 0 0
FIFTH STR ASSET MGMT INC CL A COM 31679P109 1,594 488,926 SH   SOLE   488,926 0 0
FIRST TR HIGH INCOME L/S FD COM 33738E109 225 16,000 SH   SOLE   16,000 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 286 2,000 SH   SOLE   2,000 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 7,932 1,558,310 SH   SOLE   1,558,310 0 0
GENPACT LIMITED SHS G3922B107 16,737 670,000 SH   SOLE   670,000 0 0
GENUINE PARTS CO COM 372460105 320 3,720 SH   SOLE   3,720 0 0
GLOBAL X FDS FTSE GREECE 20 37950E366 159 20,000 SH   SOLE   20,000 0 0
GOLDCORP INC NEW COM 380956409 1,923 166,300 SH   SOLE   166,300 0 0
GULFMARK OFFSHORE INC CL A NEW 402629208 180 38,600 SH   SOLE   38,600 0 0
GULFPORT ENERGY CORP COM NEW 402635304 258 10,500 SH   SOLE   10,500 0 0
HATTERAS FINL CORP COM 41902R103 526 40,000 SH   SOLE   40,000 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 2,549 94,500 SH   SOLE   94,500 0 0
HOME DEPOT INC COM 437076102 440 3,330 SH   SOLE   3,330 0 0
HORMEL FOODS CORP COM 440452100 516 6,520 SH   SOLE   6,520 0 0
HOST HOTELS & RESORTS INC COM 44107P104 2,244 146,300 SH   SOLE   146,300 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 496 40,000 SH   SOLE   40,000 0 0
INVESCO MUN TR COM 46131J103 555 43,470 SH   SOLE   43,470 0 0
IRON MTN INC NEW COM 46284V101 235 8,700 SH   SOLE   8,700 0 0
ISHARES AUSTRIA CAPD ETF 464286202 266 17,000 SH   SOLE   17,000 0 0
ISHARES MSCI CDA ETF 464286509 535 24,890 SH   SOLE   24,890 0 0
ISHARES MSCI SINGAP ETF 464286673 201 19,540 SH   SOLE   19,540 0 0
ISHARES MSCI FRANCE ETF 464286707 546 22,570 SH   SOLE   22,570 0 0
ISHARES MSCI TAIWAN ETF 464286731 262 20,500 SH   SOLE   20,500 0 0
ISHARES MSCI SZ CAP ETF 464286749 778 25,050 SH   SOLE   25,050 0 0
ISHARES MSCI SWEDEN ETF 464286756 324 11,090 SH   SOLE   11,090 0 0
ISHARES MSCI SPAN CP ETF 464286764 1,083 38,300 SH   SOLE   38,300 0 0
ISHARES MSCI GERMANY ETF 464286806 1,507 57,530 SH   SOLE   57,530 0 0
ISHARES MSCI NETHERL ETF 464286814 216 9,060 SH   SOLE   9,060 0 0
ISHARES MSCI MEX CAP ETF 464286822 498 10,000 SH   SOLE   10,000 0 0
ISHARES MSCI MALAYSI ETF 464286830 155 20,000 SH   SOLE   20,000 0 0
ISHARES MSCI JAPAN ETF 464286848 1,571 129,600 SH   SOLE   129,600 0 0
ISHARES MSCI ITALCPD ETF 464286855 409 29,790 SH   SOLE   29,790 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 1,412 40,000 SH   SOLE   40,000 0 0
ISHARES TR 7-10 Y TR BD ETF 464287440 1,568 14,850 SH   SOLE   14,850 0 0
ISHARES TR MSCI PHILIPS ETF 46429B408 337 10,000 SH   SOLE   10,000 0 0
ISHARES TR MSCI INDIA ETF 46429B598 496 18,000 SH   SOLE   18,000 0 0
ISHARES TR MSCI UTD KNGDM 46434V548 2,181 135,120 SH   SOLE   135,120 0 0
JD COM INC SPON ADR CL A 47215P106 15,808 489,956 SH   SOLE   489,956 0 0
KIMCO RLTY CORP COM 49446R109 2,797 105,700 SH   SOLE   105,700 0 0
KINDER MORGAN INC DEL COM 49456B101 2,847 190,820 SH   SOLE   190,820 0 0
KKR & CO L P DEL COM UNITS 48248M102 7,939 509,240 SH   SOLE   509,240 0 0
L BRANDS INC COM 501797104 259 2,700 SH   SOLE   2,700 0 0
LAM RESEARCH CORP COM 512807108 270 3,400 SH   SOLE   3,400 0 0
LOCKHEED MARTIN CORP COM 539830109 419 1,930 SH   SOLE   1,930 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 333 3,830 SH   SOLE   3,830 0 0
MACQUARIE GLBL INFRA TOTL RE COM 55608D101 476 25,000 SH   SOLE   25,000 0 0
MACQUARIE INFRASTRUCTURE COR COM 55608B105 290 4,000 SH   SOLE   4,000 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 252 18,340 SH   SOLE   18,340 0 0
MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 232 5,000 SH   SOLE   5,000 0 0
MERCK & CO INC NEW COM 58933Y105 316 5,980 SH   SOLE   5,980 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 152 20,000 SH   SOLE   20,000 0 0
MFS INVT GRADE MUN TR SH BEN INT 59318B108 118 12,000 SH   SOLE   12,000 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103 796 40,000 SH   SOLE   40,000 0 0
MORGAN STANLEY EM MKTS DM DE COM 617477104 408 60,000 SH   SOLE   60,000 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 257 30,000 SH   SOLE   30,000 0 0
MPLX LP COM UNIT REP LTD 55336V100 4,278 108,776 SH   SOLE   108,776 0 0
NATIONAL GEN HLDGS CORP COM 636220303 220 10,050 SH   SOLE   10,050 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 2,582 64,470 SH   SOLE   64,470 0 0
NEWMONT MINING CORP COM 651639106 2,807 156,000 SH   SOLE   156,000 0 0
NUVEEN AMT-FREE MUN INCOME F COM 670657105 644 46,490 SH   SOLE   46,490 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 392 50,000 SH   SOLE   50,000 0 0
NUVEEN DIV ADVANTAGE MUN FD COM 67070F100 406 28,700 SH   SOLE   28,700 0 0
NUVEEN DIVID ADV MUN FD 3 COM SH BEN INT 67070X101 718 50,000 SH   SOLE   50,000 0 0
NUVEEN DIVID ADVANTAGE MUN F COM 67066V101 256 17,608 SH   SOLE   17,608 0 0
NUVEEN MTG OPPTY TERM FD 2 COM 67074R100 780 35,000 SH   SOLE   35,000 0 0
NUVEEN MUN ADVANTAGE FD INC COM 67062H106 701 50,580 SH   SOLE   50,580 0 0
NUVEEN MUN MKT OPPORTUNITY F COM 67062W103 674 48,900 SH   SOLE   48,900 0 0
NUVEEN NASDAQ 100 DYNAMIC OV COM SHS 670699107 387 20,000 SH   SOLE   20,000 0 0
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 694 75,800 SH   SOLE   75,800 0 0
NUVEEN PREM INCOME MUN FD COM 67062T100 635 45,000 SH   SOLE   45,000 0 0
NUVEEN PREM INCOME MUN FD 2 COM 67063W102 573 39,630 SH   SOLE   39,630 0 0
NUVEEN QUALITY INCOME MUN FD COM 670977107 566 39,950 SH   SOLE   39,950 0 0
NUVEEN QUALITY PFD INC FD 3 COM 67072W101 509 60,000 SH   SOLE   60,000 0 0
NUVEEN QUALITY PFD INCOME FD COM 67072C105 1,685 185,000 SH   SOLE   185,000 0 0
NUVEEN SELECT QUALITY MUN FD COM 670973106 610 43,420 SH   SOLE   43,420 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 27,057 567,000 SH   SOLE   567,000 0 0
OCWEN FINL CORP COM NEW 675746309 315 45,200 SH   SOLE   45,200 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 2,317 66,220 SH   SOLE   66,220 0 0
ORACLE CORP COM 68389X105 282 7,710 SH   SOLE   7,710 0 0
PARAMOUNT GROUP INC COM 69924R108 2,532 139,890 SH   SOLE   139,890 0 0
PHILIP MORRIS INTL INC COM 718172109 13,225 150,440 SH   SOLE   150,440 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 2,428 128,600 SH   SOLE   128,600 0 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 1,082 60,000 SH   SOLE   60,000 0 0
PIONEER NAT RES CO COM 723787107 226 1,800 SH   SOLE   1,800 0 0
PLAINS GP HLDGS L P SHS A REP LTPN 72651A108 1,296 137,170 SH   SOLE   137,170 0 0
POLARIS INDS INC COM 731068102 244 2,840 SH   SOLE   2,840 0 0
POST PPTYS INC COM 737464107 2,400 40,570 SH   SOLE   40,570 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1,678 15,000 SH   SOLE   15,000 0 0
PPG INDS INC COM 693506107 285 2,880 SH   SOLE   2,880 0 0
PUBLIC STORAGE COM 74460D109 2,724 11,000 SH   SOLE   11,000 0 0
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 594 120,000 SH   SOLE   120,000 0 0
PVH CORP COM 693656100 228 3,100 SH   SOLE   3,100 0 0
QUALCOMM INC COM 747525103 298 5,970 SH   SOLE   5,970 0 0
RANGE RES CORP COM 75281A109 285 11,600 SH   SOLE   11,600 0 0
RICE ENERGY INC COM 762760106 324 29,700 SH   SOLE   29,700 0 0
RICE MIDSTREAM PARTNERS LP UNIT LTD PARTN 762819100 2,006 148,650 SH   SOLE   148,650 0 0
ROCKWELL COLLINS INC COM 774341101 328 3,550 SH   SOLE   3,550 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 721 10,000 SH   SOLE   10,000 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 625 8,000 SH   SOLE   8,000 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 1,126 18,600 SH   SOLE   18,600 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 713 30,000 SH   SOLE   30,000 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 212 4,000 SH   SOLE   4,000 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 2,142 50,000 SH   SOLE   50,000 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 2,398 55,400 SH   SOLE   55,400 0 0
SHUTTERFLY INC COM 82568P304 405 9,100 SH   SOLE   9,100 0 0
SIMON PPTY GROUP INC NEW COM 828806109 2,442 12,560 SH   SOLE   12,560 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 429 7,800 SH   SOLE   7,800 0 0
SOLAR CAP LTD COM 83413U100 871 53,000 SH   SOLE   53,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,623 16,000 SH   SOLE   16,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 26,506 130,000 SH   SOLE   130,000 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 150 10,000 SH   SOLE   10,000 0 0
SPECTRA ENERGY PARTNERS LP COM 84756N109 1,431 30,000 SH   SOLE   30,000 0 0
STORE CAP CORP COM 862121100 2,603 112,200 SH   SOLE   112,200 0 0
SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 2,807 109,186 SH   SOLE   109,186 0 0
TALLGRASS ENERGY GP LP SHS CL A 874696107 806 50,500 SH   SOLE   50,500 0 0
TALLGRASS ENERGY PARTNERS LP COM UNIT 874697105 3,235 78,500 SH   SOLE   78,500 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 2,302 70,400 SH   SOLE   70,400 0 0
TARGA RES CORP COM 87612G101 779 28,790 SH   SOLE   28,790 0 0
TAUBMAN CTRS INC COM 876664103 2,509 32,700 SH   SOLE   32,700 0 0
TEEKAY CORPORATION COM Y8564W103 536 54,330 SH   SOLE   54,330 0 0
TEEKAY OFFSHORE PARTNERS L P PARTNERSHIP UN Y8565J101 566 87,240 SH   SOLE   87,240 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 381 60,000 SH   SOLE   60,000 0 0
TEMPUR SEALY INTL INC COM 88023U101 211 3,000 SH   SOLE   3,000 0 0
TESORO LOGISTICS LP COM UNIT LP 88160T107 2,664 52,950 SH   SOLE   52,950 0 0
TEXAS INSTRS INC COM 882508104 311 5,670 SH   SOLE   5,670 0 0
TIME WARNER CABLE INC COM 88732J207 260 1,400 SH   SOLE   1,400 0 0
TRANSDIGM GROUP INC COM 893641100 297 1,300 SH   SOLE   1,300 0 0
TRUPANION INC COM 898202106 3,745 383,700 SH   SOLE   0 0 383,700
TWENTY FIRST CENTY FOX INC CL B 90130A200 215 7,900 SH   SOLE   7,900 0 0
TWO HBRS INVT CORP COM 90187B101 1,308 161,500 SH   SOLE   161,500 0 0
UBS GROUP AG SHS H42097107 6,865 354,400 SH   SOLE   354,400 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 12,922 160,000 SH   SOLE   160,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 5,381 164,500 SH   SOLE   164,500 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 615 7,300 SH   SOLE   7,300 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 8,501 231,500 SH   SOLE   231,500 0 0
WELLS FARGO & CO NEW COM 949746101 299 5,500 SH   SOLE   5,500 0 0
WESCO AIRCRAFT HLDGS INC COM 950814103 235 19,600 SH   SOLE   19,600 0 0
WESTERN ASSET EMRG MKT DEBT COM 95766A101 137 10,000 SH   SOLE   10,000 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 262 30,000 SH   SOLE   30,000 0 0
WESTERN ASSET MUN HI INCM FD COM 95766N103 140 17,900 SH   SOLE   17,900 0 0
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 2,679 56,370 SH   SOLE   56,370 0 0
WESTERN REFNG LOGISTICS LP COM UNIT REP LTP 95931Q205 1,881 76,680 SH   SOLE   76,680 0 0
WILLIAMS COS INC DEL COM 969457100 1,303 50,680 SH   SOLE   50,680 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 9,115 182,000 SH   SOLE   182,000 0 0
WISDOMTREE TR EUROPE SMCP DV 97717W869 1,008 18,000 SH   SOLE   18,000 0 0
ZILLOW GROUP INC CL A 98954M101 4,711 180,906 SH   SOLE   180,906 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 8,441 359,512 SH   SOLE   359,512 0 0