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
BOARDWALK PIPELINE PARTNERS LP UT LTD PARTNER Stock 096627104 859 46,900 SH   SOLE 0 46,900 0 0
JOHNSON & JOHNSON COM Stock 478160104 338 2,714 SH   SOLE 0 2,714 0 0
GCP APPLIED TECHNOLOGIES INC COM Stock 36164Y101 2,017 61,775 SH   SOLE 0 61,775 0 0
GOLDMAN SACHS GROUP INC COM Stock 38141G104 7,404 32,229 SH   SOLE 0 32,229 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM Stock 531229409 8,174 210,028 SH   SOLE 0 210,028 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM Stock 531229607 7,737 199,515 SH   SOLE 0 199,515 0 0
ENTERPRISE PRODS PARTNERS L P COM Stock 293792107 1,369 49,596 SH   SOLE 0 49,596 0 0
COMMERCEHUB INC COM SER A Stock 20084V108 340 21,961 SH   SOLE 0 21,961 0 0
COMMERCEHUB INC COM SER C Stock 20084V306 3,770 242,772 SH   SOLE 0 242,772 0 0
ILLINOIS TOOL WKS INC COM Stock 452308109 392 2,956 SH   SOLE 0 2,956 0 0
LIBERTY EXPEDIA HOLDINGS SER A COM Stock 53046P109 9,808 215,665 SH   SOLE 0 215,665 0 0
COLONY NORTHSTAR INC CL A COM REIT 19625W104 10,560 817,947 SH   SOLE 0 817,947 0 0
PEPSICO INC COM Stock 713448108 352 3,150 SH   SOLE 0 3,150 0 0
AUTOMATIC DATA PROCESSING INC COM Stock 053015103 408 3,984 SH   SOLE 0 3,984 0 0
BECTON DICKINSON & CO COM Stock 075887109 207 1,130 SH   SOLE 0 1,130 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW Stock 084670702 970 5,822 SH   SOLE 0 5,822 0 0
MICROSOFT CORP COM Stock 594918104 1,570 23,832 SH   SOLE 0 23,832 0 0
ALERIAN MLP ETF ETF 00162Q866 5,348 420,800 SH   SOLE 0 420,800 0 0
HUNTSMAN CORP COM Stock 447011107 13,217 538,580 SH   SOLE 0 538,580 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN Stock 29273R109 1,096 30,000 SH   SOLE 0 30,000 0 0
HOWARD HUGHES CORP COM Stock 44267D107 7,270 62,003 SH   SOLE 0 62,003 0 0
KEARNY FINL CORP MD COM Stock 48716P108 9,951 661,223 SH   SOLE 0 661,223 0 0
AMERICAN INTL GROUP INC WT EXP 011921 Stock 026874156 10,626 497,255 SH   SOLE 0 497,255 0 0
MARATHON PETE CORP COM Stock 56585A102 9,820 194,298 SH   SOLE 0 194,298 0 0
OAKTREE CAP GROUP LLC UNIT CL A Stock 674001201 230 5,075 SH   SOLE 0 5,075 0 0
LIBERTY INTERACTIVE CORP LBT VEN COM A NE Stock 53071M856 11,866 266,771 SH   SOLE 0 266,771 0 0
MPLX LP COM UNIT REP LTD Stock 55336V100 730 20,239 SH   SOLE 0 20,239 0 0
KINDER MORGAN INC DEL COM Stock 49456B101 620 28,528 SH   SOLE 0 28,528 0 0
NUVEEN FLOATING RATE INCOME FD COM CEF 67072T108 265 23,000 SH   SOLE 0 23,000 0 0
PBF ENERGY INC CL A Stock 69318G106 1,164 52,488 SH   SOLE 0 52,488 0 0
BLACKSTONE GROUP L P COM UNIT LTD Stock 09253U108 416 14,000 SH   SOLE 0 14,000 0 0
COLONY CAP INC 5 04/15/2023 Convertible 19624RAA4 5,319 5,330,000 SH   SOLE 0 5,330,000 0 0
CULLEN FROST BANKERS INC COM Stock 229899109 1,100 12,364 SH   SOLE 0 12,364 0 0
MCDONALDS CORP COM Stock 580135101 389 3,000 SH   SOLE 0 3,000 0 0
LEVEL 3 COMMUNICATIONS INC COM NEW Stock 52729N308 3,060 53,480 SH   SOLE 0 53,480 0 0
NEW RESIDENTIAL INVT CORP COM NEW REIT 64828T201 6,011 353,987 SH   SOLE 0 353,987 0 0
AT&T INC COM Stock 00206R102 242 5,817 SH   SOLE 0 5,817 0 0
JPMORGAN CHASE & CO COM Stock 46625H100 214 2,439 SH   SOLE 0 2,439 0 0
CHEVRON CORP NEW COM Stock 166764100 209 1,948 SH   SOLE 0 1,948 0 0
INTERNATIONAL BUSINESS MACHS COM Stock 459200101 436 2,502 SH   SOLE 0 2,502 0 0
CATERPILLAR INC DEL COM Stock 149123101 2,953 31,839 SH   SOLE 0 31,839 0 0
WILLIAMS PARTNERS L P NEW COM UNIT LTD PAR Stock 96949L105 2,042 50,000 SH   SOLE 0 50,000 0 0
BENEFICIAL BANCORP INC COM Stock 08171T102 5,021 313,800 SH   SOLE 0 313,800 0 0
GRACE W R & CO DEL NEW COM Stock 38388F108 5,885 84,425 SH   SOLE 0 84,425 0 0
FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM Stock 31620R303 2,652 68,110 SH   SOLE 0 68,110 0 0
DOW CHEM CO COM Stock 260543103 651 10,250 SH   SOLE 0 10,250 0 0
CITIGROUP INC COM NEW Stock 172967424 150 2,500 SH   SOLE 0 2,500 0 0
CITIGROUP INC COM NEW Stock 172967424 2,991 50,000 SH Call SOLE 0 50,000 0 0
EXXON MOBIL CORP COM Stock 30231G102 431 5,253 SH   SOLE 0 5,253 0 0
LOWES COS INC COM Stock 548661107 411 5,000 SH   SOLE 0 5,000 0 0
APPLE INC COM Stock 037833100 212 1,478 SH   SOLE 0 1,478 0 0