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
ALPS ETF TR ALERIAN MLP 00162Q866 14,090 905,534 SH   SOLE   905,534 0 0
ARENA PHARMACEUTICALS INC COM 040047102 77 16,500 SH   SOLE   16,500 0 0
BARCLAYS BK PLC S&P 500 VEQTOR 06740C337 5,430 37,830 SH   SOLE   37,830 0 0
BARCLAYS BK PLC BARC ETN+SHILL 06742A669 2,102 26,318 SH   SOLE   26,318 0 0
FIRST TR US IPO INDEX FD SHS 336920103 1,474 27,029 SH   SOLE   27,029 0 0
GRAMERCY PPTY TR INC COM NEW 38489R605 4,496 192,381 SH   SOLE   192,381 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 7,651 265,471 SH   SOLE   265,471 0 0
ACADEMY FDS TR INNOV IBD50 FD 004006508 3,763 149,915 SH   SOLE   149,915 0 0
ISHARES NAT AMT FREE BD 464288414 249 2,300 SH   SOLE   2,300 0 0
ISHARES TR 1-3 YR TR BD ETF 464287457 2,279 26,851 SH   SOLE   26,851 0 0
ISHARES TR 3-7 YR TR BD ETF 464288661 1,228 9,986 SH   SOLE   9,986 0 0
ISHARES TR 7-10 Y TR BD ETF 464287440 216 2,061 SH   SOLE   2,061 0 0
ISHARES TR CORE S&P MCP ETF 464287507 425,219 2,835,169 SH   SOLE   2,835,169 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 428,426 3,431,255 SH   SOLE   3,431,255 0 0
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 6,751 190,397 SH   SOLE   190,397 0 0
LEXINGTON REALTY TRUST COM 529043101 10,453 1,232,690 SH   SOLE   1,232,690 0 0
MID-AMER APT CMNTYS INC COM 59522J103 6,692 91,916 SH   SOLE   91,916 0 0
MONDELEZ INTL INC CL A 609207105 342 8,304 SH   SOLE   8,304 0 0
NORTHERN TR CORP COM 665859104 766 10,022 SH   SOLE   10,022 0 0
NORTHSTAR ASSET MGMT GROUP I COM 66705Y104 5,500 297,431 SH   SOLE   297,431 0 0
NORTHSTAR RLTY FIN CORP COM NEW 66704R704 9,069 570,355 SH   SOLE   570,355 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 5,808 74,682 SH   SOLE   74,682 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 5,565 162,115 SH   SOLE   162,115 0 0
PENGROWTH ENERGY CORP COM 70706P104 4,982 2,000,661 SH   SOLE   2,000,661 0 0
PENN WEST PETE LTD NEW COM 707887105 3,796 2,193,945 SH   SOLE   2,193,945 0 0
PHILIP MORRIS INTL INC COM 718172109 641 8,000 SH   SOLE   8,000 0 0
PIMCO ETF TR TTL RTN ACTV ETF 72201R775 720 6,727 SH   SOLE   6,727 0 0
PLUM CREEK TIMBER CO INC COM 729251108 6,642 163,717 SH   SOLE   163,717 0 0
POWERSHARES ETF TR II S&P500 LOW VOL 73937B779 1,724 47,040 SH   SOLE   47,040 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1,385 12,932 SH   SOLE   12,932 0 0
POWERSHARES ACTIVE MNG ETF T S&P500 DWNHDGE 73935B805 1,638 63,357 SH   SOLE   63,357 0 0
POWERSHARES ETF TR II PWRSH S&P500HI 73937B654 1,694 53,502 SH   SOLE   53,502 0 0
POWERSHARES ETF TR II S&P400 LOVL PT 73937B647 1,640 49,309 SH   SOLE   49,309 0 0
PROSHARES TR PSHS ULTRUSS2000 74347R842 36,316 372,174 SH   SOLE   372,174 0 0
PROSHARES TR PSHS ULT MCAP400 74347R404 35,818 454,428 SH   SOLE   454,428 0 0
RITE AID CORP COM 767754104 84 10,000 SH   SOLE   10,000 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 1,628 20,400 SH   SOLE   20,400 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 8,399 158,152 SH   SOLE   158,152 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,921 9,333 SH   SOLE   9,333 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 6,218 643,009 SH   SOLE   643,009 0 0
SSGA ACTIVE ETF TR SPDR TR TACTIC 78467V848 1,567 31,640 SH   SOLE   31,640 0 0
STARWOOD PPTY TR INC COM 85571B105 14,135 655,299 SH   SOLE   655,299 0 0
TAUBMAN CTRS INC COM 876664103 5,478 78,817 SH   SOLE   78,817 0 0
TRANSCANADA CORP COM 89353D107 6,718 165,391 SH   SOLE   165,391 0 0
VANGUARD FDS 922908652 1,558 16,942 SH   SOLE   16,942 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 715 8,378 SH   SOLE   8,378 0 0
VENTAS INC COM 92276F100 4,753 76,558 SH   SOLE   76,558 0 0
W P CAREY INC COM 92936U109 12,127 205,743 SH   SOLE   205,743 0 0
WILLIAMS COS INC DEL COM 969457100 9,991 174,092 SH   SOLE   174,092 0 0