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 COMPANY COM 88579Y101 534 2,270 SH   DFND 1 2,270 0 0
ABBVIE INC COM 00287Y109 213 2,200 SH   DFND 1 2,200 0 0
ACCENTURE PLC IRELAND CLASS SH SHS CLASS A G1151C101 646 4,221 SH   DFND 1 4,221 0 0
ACTIVISION BLIZZARD INC COM 00507V109 540 8,532 SH   DFND 1 8,532 0 0
ADOBE SYSTEMS INC DELAWA COM 00724F101 723 4,125 SH   DFND 1 4,125 0 0
ALTRIA GROUP INC COM COM 02209S103 542 7,592 SH   DFND 1 7,592 0 0
AMAZON COM INC COM COM 023135106 436 373 SH   DFND 1 373 0 0
Andeavor COM 03349M105 2,157 18,865 SH   DFND 1 18,865 0 0
APPLE INC COM COM 037833100 909 5,374 SH   DFND 1 5,374 0 0
AT&T INC COM COM 00206R102 323 8,311 SH   DFND 1 8,311 0 0
AUTODESK INC COM 052769106 256 2,444 SH   DFND 1 2,444 0 0
AUTOMATIC DATA PROCES COM 053015103 626 5,343 SH   DFND 1 5,343 0 0
AVAGO TECHNOLOGIES LIMITE COM Y09827109 236 918 SH   DFND 1 918 0 0
BANK OF AMERICA CORPORATION CO COM 060505104 465 15,756 SH   DFND 1 15,756 0 0
BARCLAYS BK PLC S&P 500 VEQTOR S&P 500 VEQTOR 06740C337 312 1,970 SH   DFND 1 1,970 0 0
BERKSHIRE HATHAWAY INC SERIES CL B NEW 084670702 583 2,940 SH   DFND 1 2,940 0 0
BLACKSTONE MORTGAGE TRUST INC COM CL A 09257W100 2,015 62,629 SH   DFND 1 62,629 0 0
BOEING CO COM COM 097023105 627 2,126 SH   DFND 1 2,126 0 0
CATERPILLAR INC COM 149123101 358 2,272 SH   DFND 1 2,272 0 0
CHEVRON CORP NEW COM COM 166764100 450 3,593 SH   DFND 1 3,593 0 0
CHURCH & DWIGHT INC COM COM 171340102 481 9,595 SH   DFND 1 9,595 0 0
CISCO SYS INC COM COM 17275R102 530 13,845 SH   DFND 1 13,845 0 0
CITIGROUP INC COM NEW COM NEW 172967424 299 4,023 SH   DFND 1 4,023 0 0
COCA-COLA COMPANY COM 191216100 477 10,389 SH   DFND 1 10,389 0 0
COGNIZANT TECHNOLOGY SOLUTI CL A 192446102 588 8,277 SH   DFND 1 8,277 0 0
COLONY NORTHSTAR INC CL A COM 19625W104 2,017 176,812 SH   DFND 1 176,812 0 0
COMCAST CORP NEW CL A CL A 20030N101 393 9,804 SH   DFND 1 9,804 0 0
DHT HOLDINGS INC SHS NEW Y2065G121 1,886 525,398 SH   DFND 1 525,398 0 0
Direxion Daily Dev Mkts Bull 3 Dev Mkts Bull 3 25459W789 277 3,361 SH   DFND 1 3,361 0 0
DISNEY WALT CO COM DISNEY COM DISNEY 254687106 369 3,435 SH   DFND 1 3,435 0 0
DowDuPont Inc COM 26078J100 540 7,584 SH   DFND 1 7,584 0 0
DXC TECHNOLOGY COMPANY COM 23355l106 359 3,788 SH   DFND 1 3,788 0 0
DYCOM INDS INC COM COM 267475101 211 1,897 SH   DFND 1 1,897 0 0
EBAY INC COM COM 278642103 509 13,476 SH   DFND 1 13,476 0 0
ELECTRONIC ARTS INC COM 285512109 348 3,311 SH   DFND 1 3,311 0 0
ENERGY SELECT ETF SECTOR SPD ETF SECTOR SPD 81369Y506 219 3,025 SH   DFND 1 3,025 0 0
Euronav NV SHS B38564108 1,313 141,995 SH   DFND 1 141,995 0 0
EXXON MOBIL CORP COM 30231G102 288 3,441 SH   DFND 1 3,441 0 0
FACEBOOK INC CL A CL A 30303M102 834 4,726 SH   DFND 1 4,726 0 0
FEDEX CORP COM COM 31428X106 441 1,768 SH   DFND 1 1,768 0 0
FINANCIAL SELECTETF SECTOR SPD SECTOR SPD 81369Y605 219 7,860 SH   DFND 1 7,860 0 0
FORD MTR CO DEL COM PAR $0.01 COM 345370860 126 10,067 SH   DFND 1 10,067 0 0
GENERAL ELECTRIC CO COM COM 369604103 268 15,345 SH   DFND 1 15,345 0 0
GENERAL GROWTH PPTYS INCNEW COM 36174X101 1,776 75,942 SH   DFND 1 75,942 0 0
GOOGLE INC A CAP STK CL A 02079k305 552 524 SH   DFND 1 524 0 0
GOOGLE INC CL C CAP STK CL C 02079k107 663 634 SH   DFND 1 634 0 0
GRAMERCY PROPERTY TRUST INC COM NEW 385002308 1,967 73,786 SH   DFND 1 73,786 0 0
HOME DEPOT INC COM 437076102 460 2,427 SH   DFND 1 2,427 0 0
HONEYWELL INTL INC COM 438516106 449 2,927 SH   DFND 1 2,927 0 0
HOSPITALITY PPTYS TR COM SH BE COM SH BEN INT 44106M102 2,191 73,388 SH   DFND 1 73,388 0 0
INDUSTRIAL SELECT ETF SECTO ETF SECTOR 81369Y704 220 2,909 SH   DFND 1 2,909 0 0
InfraCap MLP ETF INFRAC ACT MLP 26923G103 4,956 575,603 SH   DFND 1 575,603 0 0
INTEL CORP COM COM 458140100 606 13,138 SH   DFND 1 13,138 0 0
INTERNATIONAL BUSINESS MACHIN COM 459200101 875 5,706 SH   DFND 1 5,706 0 0
INTUIT COM COM 461202103 429 2,716 SH   DFND 1 2,716 0 0
ISHARES MBS ET MBS ETF 464288588 389 3,646 SH   DFND 3,646 0 0
ISHARES CORE S&P TOTAL U.S. ST S&P TOTAL U.S. ST 464287150 456 7,465 SH   DFND 7,465 0 0
ISHARES EMU ETF MSCI EURZONE ETF 464286608 419 9,664 SH   DFND 1 9,664 0 0
ISHARES MSCI ETF AUSTRALIA ETF AUSTRALIA 464286103 413 17,845 SH   DFND 1 17,845 0 0
iShares MSCI Canada ETF Canada ETF 464286509 213 7,191 SH   DFND 1 7,191 0 0
ISHARES MSCI FRANCE ETF FRANCE ETF 464286707 205 6,578 SH   DFND 1 6,578 0 0
ISHARES MSCI GERMANY ETF GERMANY ETF 464286806 409 12,400 SH   DFND 1 12,400 0 0
ISHARES MSCI PACIFIC ETF EX-JA PACIFIC ETF EX-JA 464286665 213 4,451 SH   DFND 1 4,451 0 0
ISHARES MSCI SWITZERLND CAPPED MSCI SZ CAP ETF 464286749 421 11,827 SH   DFND 1 11,827 0 0
ISHARES MSCI UNITED KINGDO UNITED KINGDO 46435G334 213 5,947 SH   DFND 1 5,947 0 0
ISHARES TR 3 7 YR TREAS BD 3-7 YR TR BD ETF 464288661 304 2,492 SH   DFND 1 2,492 0 0
ISHARES TR 7-10YR TR BD ETF 7-10YR TR BD ETF 464287440 21,878 207,240 SH   DFND 1 207,240 0 0
ISHARES TR CORE S&P MCP ETF CORE S&P MCP ETF 464287507 23,220 122,351 SH   DFND 1 122,351 0 0
ISHARES TR CORE S&P500 ETF CORE S&P500 ETF 464287200 25,064 93,226 SH   DFND 1 93,226 0 0
ISHARES TR CORE US AGGBD ET CORE US AGGBD ET 464287226 787 7,197 SH   DFND 7,197 0 0
ISHARES TR MSCI EMG MKT ETF MSCI EMG MKT ETF 464287234 426 9,048 SH   DFND 1 9,048 0 0
ISHARES TR RUSSELL 2000 ETF RUSSELL 2000 ETF 464287655 22,674 148,722 SH   DFND 1 148,722 0 0
JOHNSON & JOHNSON COM 478160104 210 1,505 SH   DFND 1 1,505 0 0
JPMORGAN CHASE & CO COM COM 46625H100 556 5,197 SH   DFND 1 5,197 0 0
KRAFT HEINZ CO COM COM 500754106 310 3,993 SH   DFND 1 3,993 0 0
LANDMARK INFRASTRUCTURE LP COM COM 51508J108 2,987 165,047 SH   DFND 1 165,047 0 0
LAS VEGAS SANDS CORP COM COM 517834107 223 3,215 SH   DFND 1 3,215 0 0
LEXINGTON REALTY TRUST COM 529043101 1,289 133,531 SH   DFND 1 133,531 0 0
LKQ CORP COM COM 501889208 236 5,815 SH   DFND 1 5,815 0 0
LOCKHEED MARTIN CORP COM 539830109 320 998 SH   DFND 1 998 0 0
MASTERCARD INC CLASS A CL A 57636Q104 1,427 9,431 SH   DFND 1 9,431 0 0
MCDONALDS CORP COM 580135101 288 1,674 SH   DFND 1 1,674 0 0
MEDTRONIC INC COM SHS g5960l103 491 6,085 SH   DFND 1 6,085 0 0
MERCK & COMPANY INC NEW COM 58933Y105 240 4,273 SH   DFND 1 4,273 0 0
MICROSOFT CORP COM COM 594918104 876 10,238 SH   DFND 1 10,238 0 0
MONDELEZ INTL INC CL A CL A 609207105 529 12,366 SH   DFND 1 12,366 0 0
NETFLIX.COM INC COM 64110L106 635 3,308 SH   DFND 1 3,308 0 0
NEW RESIDENTIAL INVESTMENT COR COM NEW 64828T201 5,962 333,457 SH   DFND 1 333,457 0 0
New Senior Investment Group In COM 648691103 1,988 262,952 SH   DFND 1 262,952 0 0
NUANCE COMMUNICATION INC COM 67020Y100 212 12,993 SH   DFND 1 12,993 0 0
NVIDIA CORP COM COM 67066G104 293 1,513 SH   DFND 1 1,513 0 0
OMEGA HEALTHCARE COM 681936100 1,277 46,357 SH   DFND 1 46,357 0 0
ORACLE CORP COM 68389X105 842 17,818 SH   DFND 1 17,818 0 0
Paypal Holdings Inc COM 70450Y103 622 8,445 SH   DFND 1 8,445 0 0
PEPSICO INC COM 713448108 456 3,802 SH   DFND 1 3,802 0 0
PFIZER INC COM 717081103 338 9,335 SH   DFND 1 9,335 0 0
PHILIP MORRIS INTL INC COM COM 718172109 1,288 12,187 SH   DFND 1 12,187 0 0
PIMCO ETF TR ACTIVE BD ETF ACTIVE BD ETF 72201R775 433 4,085 SH   DFND 1 4,085 0 0
POWERSHARES ETF TR II PWRSHS S PWRSHS SP500 LOW 73937B654 1,653 38,965 SH   DFND 1 38,965 0 0
POWERSHARES ETF TR II S&P400 L S&P400 LOVL PT 73937B647 1,022 22,526 SH   DFND 1 22,526 0 0
PROCTER & GAMBLE COMPANY COM 742718109 310 3,374 SH   DFND 1 3,374 0 0
PROSHARES TR PSHS ULT MCAP400 PSHS ULT MCAP 400 74347R404 4,741 38,545 SH   DFND 1 38,545 0 0
PROSHARES TR PSHS ULT S&P 500 PSHS ULT S&P 500 74347R107 4,713 43,071 SH   DFND 1 43,071 0 0
PROSHARES TR PSHS ULTRUSS2000 ULTRUSS2000 74347R842 4,514 63,895 SH   DFND 1 63,895 0 0
PROSHARES TR ULTR 7-10 TREA ULTR 7-10 TREA 74347R180 4,197 73,102 SH   DFND 1 73,102 0 0
QUALCOMM INC COM 747525103 250 3,904 SH   DFND 1 3,904 0 0
RED HAT INC COM 756577102 213 1,776 SH   DFND 1 1,776 0 0
RITE AID CORP COM COM 767754104 20 10,000 SH   DFND 1 10,000 0 0
SALESFORCE COM INC COM COM 79466L302 643 6,291 SH   DFND 1 6,291 0 0
SCORPIO TANKERS INC SHS Y7542C106 796 260,883 SH   DFND 1 260,883 0 0
SECTOR TECHNOLOGY SELECT SELECT 81369Y803 219 3,424 SH   DFND 1 3,424 0 0
SELECT SECTOR SPDR FD CONSUMER SPDR FD CONSUMER 81369Y407 218 2,213 SH   DFND 1 2,213 0 0
SELECT SECTOR SPDR FD HEALTH C SPDR FD HEALTH C 81369Y209 218 2,641 SH   DFND 1 2,641 0 0
SELECT SECTOR SPDR FD MATERIAL SPDR FD MATERIAL 81369Y100 220 3,637 SH   DFND 1 3,637 0 0
SELECT SECTOR SPDR TR CONSUMER SPDR TR CONSUMER 81369Y308 219 3,849 SH   DFND 1 3,849 0 0
SELECT SECTOR SPDR TR SBI INT- SPDR TR SBI INT 81369Y886 221 4,190 SH   DFND 1 4,190 0 0
SERVICENOW INC COM 81762P102 255 1,953 SH   DFND 1 1,953 0 0
SIMON PPTY GROUP INC NEW COM COM 828806109 1,498 8,722 SH   DFND 1 8,722 0 0
SPDR DOW JONES INDL AVRG ETF U UT SER 1 78467X109 2,311 9,340 SH   DFND 1 9,340 0 0
SPDR S&P 500 ETF TR TR UNIT TR UNIT 78462F103 1,927 7,220 SH   DFND 1 7,220 0 0
SPIRIT REALTY CAP INC NEW COM 84860W102 1,422 165,745 SH   DFND 1 165,745 0 0
STARWOOD PPTY TR INC COM COM 85571B105 3,213 150,502 SH   DFND 1 150,502 0 0
TEEKAY CORPORATION COM COM Y8564W103 3,647 391,350 SH   DFND 1 391,350 0 0
TEXAS INSTRS INC COM COM 882508104 267 2,557 SH   DFND 1 2,557 0 0
THERMO FISHER SCIENT COM 883556102 344 1,810 SH   DFND 1 1,810 0 0
TWITTER INC COM COM 90184L102 221 9,185 SH   DFND 1 9,185 0 0
UNION PACIFIC CORP COM 907818108 408 3,046 SH   DFND 1 3,046 0 0
UNITED PARCEL SERVICE INC CL CL B 911312106 316 2,649 SH   DFND 1 2,649 0 0
UNITED TECHNOLOGIES CORP COM 913017109 392 3,074 SH   DFND 1 3,074 0 0
UNITEDHEALTH GROUP INC COM 91324P102 795 3,605 SH   DFND 1 3,605 0 0
VEREIT, Inc COM 92339V100 1,754 225,189 SH   DFND 1 225,189 0 0
VERIZON COMMUNICATIONS INC COM COM 92343V104 292 5,522 SH   DFND 1 5,522 0 0
VISA INC COM CL A COM CL A 92826C839 998 8,756 SH   DFND 1 8,756 0 0
WAL-MART STORES INC COM COM 931142103 410 4,156 SH   DFND 1 4,156 0 0
WELLS FARGO & CO COM COM 949746101 402 6,623 SH   DFND 1 6,623 0 0