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
COLONY FINANCIAL CONV. SR NT Convertible Bonds 19624RAB2 2,700 2,850,000 PRN   SOLE 0 750,000 0 2,100,000
HCI GROUP CONV. SR NT Convertible Bonds 40416EAB9 11,850 13,552,000 PRN   SOLE 0 3,520,000 0 10,032,000
APPLE INC. Common Stocks 037833100 991 10,368 SH   SOLE 0 45 0 10,323
AMERICAN MIDSTREAM PARTNERS LLP Common Stocks 02752P100 223 18,850 SH   SOLE 0 0 0 18,850
JPMORGAN CHASE & CO ALERIAN ML ETN Equity ETN 46625H365 999 31,396 PRN   SOLE 0 17,851 0 13,545
AMERIPRISE FINL INC Common Stocks 03076C106 216 2,400 SH   SOLE 0 0 0 2,400
AMERICAN RIVER BANKSHRS Common Stocks 029326105 232 22,555 SH   SOLE 0 22,555 0 0
AMAZON COM INC Common Stocks 023135106 4,141 5,786 SH   SOLE 0 10 0 5,776
ALPINE TOTAL DYNAMIC DIVIDEND FUND Equity Closed-End Fund 021060207 329 45,325 PRN   SOLE 0 0 0 45,325
ANTERO RESOURCES CORP. Common Stocks 03674X106 666 25,641 SH   SOLE 0 0 0 25,641
GLOBAL X MSCI ARGENTINA ETF Equity ETFs 37950E259 295 13,250 PRN   SOLE 0 0 0 13,250
AMERICAN EXPRESS CO Common Stocks 025816109 747 12,300 SH   SOLE 0 0 0 12,300
BOOZ ALLEN HAMILTON HOLDINGS Common Stocks 099502106 5,320 179,503 SH   SOLE 0 88,306 0 91,197
BANC OF CALIFORNIA Common Stocks 05990K106 257 14,225 SH   SOLE 0 14,225 0 0
BREITBURN ENERGY PARTNERS LPCOM UT LTD PTN Common Stocks 106776107 1 25,500 SH   SOLE 0 0 0 25,500
POWERSHARES SENIOR LOAN Fixed Income ETF 73936Q769 459 20,000 PRN   SOLE 0 0 0 20,000
Blackrock Inc. Common Stocks 09247X101 291 850 SH   SOLE 0 0 0 850
BROADRIDGE FINANCIAL SOLUTIONS Common Stocks 11133T103 12,030 184,510 SH   SOLE 0 85,656 0 98,854
CELGENE CORP Common Stocks 151020104 681 6,905 SH   SOLE 0 0 0 6,905
COMCAST CORP NEW CL A Common Stocks 20030N101 232 3,560 SH   SOLE 0 3,500 0 60
CME GROUP INC Common Stocks 12572Q105 5,633 57,834 SH   SOLE 0 27,709 0 30,125
COSTCO WHOLESALE CORP Common Stocks 22160K105 314 2,000 SH   SOLE 0 0 0 2,000
CVS CORP Common Stocks 126650100 214 2,235 SH   SOLE 0 0 0 2,235
WALT DISNEY COMPANY Common Stocks 254687106 1,315 13,445 SH   SOLE 0 0 0 13,445
DOLLAR TREE INC Common Stocks 256746108 942 10,000 SH   SOLE 0 0 0 10,000
PROSHARES SHORT DOW 30 Equity ETFs 74347R701 203 9,500 PRN   SOLE 0 0 0 9,500
EDAP TMS SA-ADR Common Stocks 268311107 182 55,000 SH   SOLE 0 0 0 55,000
Morgan Stanley Emerging Markets Domestic Debt Fund Fixed Income Closed-End Fund 617477104 1,031 134,435 PRN   SOLE 0 14,435 0 120,000
ENTERPRISE FINANCIAL SERVICES CORP Common Stocks 293712105 243 8,705 SH   SOLE 0 8,705 0 0
SYNERON MEDICAL LTD Common Stocks M87245102 123 16,000 SH   SOLE 0 0 0 16,000
ENTERPRISE PRODS PARTNERS L COM UNIT Common Stocks 293792107 17,741 606,309 SH   SOLE 0 191,407 0 414,902
ENERGY TRANSFER EQUITY L P UT LTD PTN Common Stocks 29273V100 517 36,000 SH   SOLE 0 8,000 0 28,000
ENERGY TRANSFER PARTNERS L.P. Common Stocks 29273R109 257 6,752 SH   SOLE 0 0 0 6,752
EV ENERGY PARTNERS LP Common Stocks 26926V107 31 13,500 SH   SOLE 0 0 0 13,500
FACEBOOK INC Common Stocks 30303M102 850 7,440 SH   SOLE 0 40 0 7,400
FCB FINANCIAL HOLDINGS Common Stocks 30255G103 398 11,700 SH   SOLE 0 11,700 0 0
FOUR CORNERS PROPERTY TRUST Common Stocks 35086T109 6,526 316,970 SH   SOLE 0 155,793 0 161,177
FIRST OF LONG ISLAND CORP Common Stocks 320734106 6,355 221,675 SH   SOLE 0 93,646 0 128,029
GILEAD Sciences Common Stocks 375558103 267 3,200 SH   SOLE 0 3,200 0 0
ALPHABET INC -CL C Common Stocks 02079K107 3,659 5,287 SH   SOLE 0 8 0 5,279
ALPHABET INC -CL A Common Stocks 02079K305 469 667 SH   SOLE 0 4 0 663
GRAMERCY PROPERTY TRUST Common Stocks 385002100 14,851 1,610,697 SH   SOLE 0 723,605 0 887,092
iShares INT. GOVT/CREDIT BOND ETF Fixed Income ETF 464288612 18,923 166,947 PRN   SOLE 0 82,902 0 84,045
HOWARD BANCORP Common Stocks 442496105 2,623 201,765 SH   SOLE 0 0 0 201,765
HOME DEPOT INC Common Stocks 437076102 239 1,872 SH   SOLE 0 0 0 1,872
HILTON WORLDWIDE HOLDINGS INC. Common Stocks 43300A104 203 9,000 SH   SOLE 0 0 0 9,000
HSBC HOLDINGS PLC 6.2% SER A FC 12/21/12 Preferred Stock 404280604 2,710 104,480 PRN   SOLE 0 51,526 0 52,954
HERITAGE COMMERCE CORP Common Stocks 426927109 290 27,540 SH   SOLE 0 27,540 0 0
ISHARES 7-10 YR TRESURY BD ETF Fixed Income ETF 464287440 13,585 120,270 PRN   SOLE 0 58,439 0 61,831
PRUDENTIAL ST DUR HY FUND Fixed Income Closed-End Fund 74442F107 995 63,000 PRN   SOLE 0 50,000 0 13,000
Ishares Russell 1000 Growth ETF Equity ETFs 464287614 207 2,065 PRN   SOLE 0 2,065 0 0
NUVEEN MORTGAGE OPPORTUNITY OPPORTUNITY FUND Fixed Income Closed-End Fund 670735109 9,585 414,948 PRN   SOLE 0 210,189 0 204,759
JOHNSON & JOHNSON Common Stocks 478160104 1,113 9,177 SH   SOLE 0 0 0 9,177
NUVEEN CREDIT STRAT FUND Fixed Income Closed-End Fund 67073D102 858 106,165 PRN   SOLE 0 100,300 0 5,865
KINDER MORGAN INC Common Stocks 49456B101 202 10,765 SH   SOLE 0 0 0 10,765
DIREXION INSIDER Equity ETFs 25459Y769 306 4,200 PRN   SOLE 0 0 0 4,200
ISHARES IBOXX INVESTMENT GRADE CORP BOND Fixed Income ETF 464287242 22,803 185,794 PRN   SOLE 0 119,976 0 65,818
MCDONALDS CORP Common Stocks 580135101 9,230 76,703 SH   SOLE 0 38,807 0 37,896
MONDELEZ INTERNATIONAL INC Common Stocks 609207105 693 15,217 SH   SOLE 0 54 0 15,163
MAGELLAN MIDSTREAM PARTNERS LP Common Stocks 559080106 15,663 206,091 SH   SOLE 0 66,732 0 139,359
MPLX LP Common Stocks 55336V100 238 7,085 SH   SOLE 0 0 0 7,085
Nuveen Dividend Advantage Municipal Income Fund Fixed Income Closed-End Fund 67071L106 325 20,000 PRN   SOLE 0 0 0 20,000
NOVARTIS AG SPONSORED ADR Common Stocks 66987V109 398 4,825 SH   SOLE 0 0 0 4,825
OXBRIDGE RE HOLDINGS LTD Common Stocks G6856M106 99 19,750 SH   SOLE 0 0 0 19,750
PLAINS ALL AMERN PIPELINE L UNIT L P INT Common Stocks 726503105 2,012 73,185 SH   SOLE 0 3,900 0 69,285
PIMCO DYNAMIC INC FUND Fixed Income Closed-End Fund 72201Y101 201 7,280 PRN   SOLE 0 1,465 0 5,815
ISHARES S&P PREFERRED STOCK INDEX FUND Preferred Stock 464288687 1,570 39,356 PRN   SOLE 0 280 0 39,076
PROCTER & GAMBLE COMPANY Common Stocks 742718109 273 3,221 SH   SOLE 0 0 0 3,221
PINNACLE FINANCIAL PARTNERS Common Stocks 72346Q104 225 4,600 SH   SOLE 0 4,600 0 0
RITE AID CORP Common Stocks 767754104 637 85,000 SH   SOLE 0 0 0 85,000
REPUBLIC SERVICES, INC. Common Stocks 760759100 11,500 224,133 SH   SOLE 0 116,625 0 107,508
REDWOOD TRUST INC Common Stocks 758075402 10,671 772,682 SH   SOLE 0 399,732 0 372,950
STARBUCKS CORP Common Stocks 855244109 315 5,520 SH   SOLE 0 0 0 5,520
SERVISFIRST BANCSHARES INC Common Stocks 81768T108 391 7,920 SH   SOLE 0 7,920 0 0
PROSHARES TR PSHS SHRT S&P5 Equity ETFs 74347R503 3,953 99,690 PRN   SOLE 0 44,757 0 54,933
ISHARES SHORT TREASURY BOND Fixed Income ETF 464288679 5,081 46,000 PRN   SOLE 0 0 0 46,000
SVB FINANCIAL GROUP Common Stocks 78486Q101 453 4,758 SH   SOLE 0 4,758 0 0
SOUTHERN CO Common Stocks 842587107 10,962 204,394 SH   SOLE 0 103,344 0 101,050
SPDR S&P 500 ETF TRUST Equity ETFs 78462F103 205 980 PRN   SOLE 0 980 0 0
STERLING BANCORP Common Stocks 85917A100 4,972 316,676 SH   SOLE 0 158,768 0 157,908
CONSTELLATION BRANDS INC-A Common Stocks 21036P108 12,393 74,930 SH   SOLE 0 38,988 0 35,942
A T & T INC (NEW) Common Stocks 00206R102 290 6,705 SH   SOLE 0 0 0 6,705
TALLGRASS ENERGY PARTNERS LP Common Stocks 874697105 1,197 26,015 SH   SOLE 0 0 0 26,015
TOOTSIE ROLL INDUSTRIES, INC. Common Stocks 890516107 8,473 219,900 SH   SOLE 0 113,393 0 106,507
TARGA RESOURCES Common Stocks 87612G101 1,112 26,383 SH   SOLE 0 0 0 26,383
VECTOR GROUP LTD. Common Stocks 92240M108 11,714 522,473 SH   SOLE 0 267,986 0 254,487
INVESCO DYNAMIC CREDIT OPP Fixed Income Closed-End Fund 46132R104 455 41,280 PRN   SOLE 0 37,000 0 4,280
VERIZON COMMUNICATIONS Common Stocks 92343V104 11,398 204,120 SH   SOLE 0 87,439 0 116,681
WASHINGTON TRUST BANCORP Common Stocks 940610108 5,309 139,995 SH   SOLE 0 67,182 0 72,813
WESTERN GAS PARTNERS LP UNIT LP IN Common Stocks 958254104 2,104 41,740 SH   SOLE 0 0 0 41,740
WAL MART STORES INC Common Stocks 931142103 818 11,200 SH   SOLE 0 200 0 11,000
WILLIAMS PARTNERS LP Common Stocks 96949L105 676 19,503 SH   SOLE 0 0 0 19,503
EXXON MOBIL CORP Common Stocks 30231G102 642 6,851 SH   SOLE 0 0 0 6,851
ZELTIQ AESTHETICS INC Common Stocks 98933Q108 306 11,200 SH   SOLE 0 0 0 11,200