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
AbbVie Inc. Common 00287Y109 444 6,100 SH   DFND 2 6,100 0 0
AbbVie Inc. Common 00287Y109 364 5,000 SH   DFND 1 0 5,000 0
Acceleron Pharma, Inc. Common 00434H108 731 17,800 SH   DFND 2 17,800 0 0
Aimmune Therapeutics, Inc. Common 00900T107 1,196 57,456 SH   DFND 2 57,456 0 0
Alcon, Inc Common H01301128 37 600 SH   DFND 2 600 0 0
Alimera Sciences, Inc. Common 016259103 396 444,401 SH   DFND 2 444,401 0 0
AllianceBernstein Holdings PL Unit Ltd Common 01881G106 1,456 49,000 SH   DFND 1 0 49,000 0
AllianceBernstein Holdings PL Unit Ltd Common 01881G106 45 1,500 SH   DFND 1 1,500 0 0
Alerian MLP Common 00162Q866 6 600 SH   DFND 1 0 600 0
Alphabet Inc-Cl C Common 02079K107 8,539 7,900 SH   DFND 2 7,900 0 0
American Outdoor Brands Corporation Common 02874P103 3,514 390,000 SH   DFND 2 390,000 0 0
Anadarko Petroleum Corporation Common 032511107 501 7,100 SH   DFND 1 0 7,100 0
Anadarko Petroleum Corporation Common 032511107 625 8,860 SH   DFND 1 8,860 0 0
Apollo Global Management, LLC Common 037612306 11,069 322,708 SH   DFND 2 322,708 0 0
Apple Inc. Common 037833100 4,750 24,000 SH   DFND 2 24,000 0 0
Apple Inc. Common 037833100 104 525 SH   DFND 1 0 525 0
Apple Inc. Common 037833100 104 525 SH   DFND 1 525 0 0
Arena Pharmaceuticals, Inc. Common 040047607 1,075 18,332 SH   DFND 2 18,332 0 0
Ascendis Pharma A/S Common BV9G6B8US 76 656 SH   DFND 2 656 0 0
AT&T Inc. Common 00206R102 670 20,000 SH   DFND 1 0 20,000 0
AT&T Inc. Common 00206R102 69 2,050 SH   DFND 1 2,050 0 0
Aurinia Pharmaceuticals Inc. Common 05156V102 382 58,000 SH   DFND 2 58,000 0 0
Bank Nova Scotia Halifax Common 064149107 22 400 SH   DFND 1 0 400 0
Bellicum Pharmaceuticals, Inc. Common 079481107 435 255,703 SH   DFND 2 255,703 0 0
Bellicum Pharm., Inc. 5 Common 9EDW5GYA8 50 100 SH   DFND 2 100 0 0
BioDelivery Sciences International, Inc. Common 09060J106 2,106 452,802 SH   DFND 2 452,802 0 0
Bristol-Myers Squibb Company Common 110122108 1,228 27,080 SH   DFND 2 27,080 0 0
Calumet Specialty Products Partners, LP Common 131476103 7,992 1,907,436 SH   DFND 2 1,907,436 0 0
Calumet Specialty Products Partners, LP Common 131476103 84 20,000 SH   DFND 1 20,000 0 0
Canadian Natural Resources Inc. Common 136385101 371 13,750 SH   DFND 1 0 13,750 0
Canadian Natural Resources Inc. Common 136385101 502 18,600 SH   DFND 1 18,600 0 0
Capitol Federal Financial Inc. Common 14057J101 55 4,000 SH   DFND 1 0 4,000 0
Capitol Federal Financial Inc. Common 14057J101 80 5,800 SH   DFND 1 5,800 0 0
Catalyst Pharmaceuticals, Inc. Common 14888U101 1,318 343,347 SH   DFND 2 343,347 0 0
Celgene Corporation Common 151020104 1,465 15,847 SH   DFND 2 15,847 0 0
Centerstate Banks Corp Common 15201P109 41 1,780 SH   DFND 1 0 1,780 0
Centerstate Banks Corp Common 15201P109 119 5,162 SH   DFND 1 5,162 0 0
Check Cap Ltd. Common M2361E203 5 2,224 SH   DFND 2 2,224 0 0
Check Cap Ltd. 7.50 Common M2361E120 482 64,309 SH   DFND 2 64,309 0 0
Chemours Co. Common 163851108 15 640 SH   DFND 1 0 640 0
Chemours Co. Common 163851108 17 720 SH   DFND 1 720 0 0
Cidara Therapeutics, Inc. Common 171757107 216 128,527 SH   DFND 2 128,527 0 0
Coherus Biosciences, Inc. Common 19249H103 1,379 62,387 SH   DFND 2 62,387 0 0
Coca Cola Common 191216100 387 7,600 SH   DFND 1 0 7,600 0
Coca Cola Common 191216100 295 5,800 SH   DFND 1 5,800 0 0
Colony Northstar Inc. Common 19625W104 7 1,466 SH   DFND 1 0 1,466 0
Columbia Financial, Inc. Common 197641103 353 23,363 SH   DFND 2 23,363 0 0
Community Healthcare Trust Incorporated Common 20369C106 2,365 60,000 SH   DFND 2 60,000 0 0
Conagra Brands Common 205887102 265 10,000 SH   DFND 1 0 10,000 0
Corteva Inc. Common 22052L104 327 11,051 SH   DFND 1 0 11,051 0
Corteva Inc. Common 22052L104 44 1,494 SH   DFND 1 1,494 0 0
Cousins Properties Common 222795106 121 3,357 SH   DFND 1 0 3,357 0
CymaBay Therapeutics, Inc. Common 23257D103 150 21,000 SH   DFND 2 21,000 0 0
Dell Technologies Inc. Common 24703L202 326 6,426 SH   DFND 2 6,426 0 0
Delta Air Lines, Inc. Common 247361702 3,263 57,500 SH   DFND 2 57,500 0 0
Dow Inc. Common 260557103 545 11,051 SH   DFND 1 0 11,051 0
Dow Inc. Common 260557103 74 1,494 SH   DFND 1 1,494 0 0
Dupont DE Nemours Inc. Common 26614N102 830 11,051 SH   DFND 1 0 11,051 0
Dupont DE Nemours Inc. Common 26614N102 112 1,494 SH   DFND 1 1,494 0 0
Eagle Materials Inc. Common 26969P108 21 228 SH   DFND 1 0 228 0
Eiger BioPharmaceuticals, Inc. Common 28249U105 2,300 216,969 SH   DFND 2 216,969 0 0
Eli Lilly Inc. Common 532457108 33 300 SH   DFND 1 0 300 0
Entegra Financial Corporation Common 29363J108 90 3,000 SH   DFND 1 0 3,000 0
Entegra Financial Corporation Common 29363J108 218 7,250 SH   DFND 1 7,250 0 0
Essential Properties Realty Trust, Inc. Common 29670E107 802 40,000 SH   DFND 2 40,000 0 0
FNB Coporation Common 302520101 105 8,905 SH   DFND 1 0 8,905 0
Fannie Mae 8.25 Series T Common 313586737 996 85,000 SH   DFND 2 85,000 0 0
Foamix Pharmaceuticals Ltd. Common M46135105 883 371,046 SH   DFND 2 371,046 0 0
Ford Motor Company Common 345370860 51 5,000 SH   DFND 1 0 5,000 0
Fortress Trans & Infrastructure Inv. LLC Common 34960P101 13,190 873,509 SH   DFND 2 873,509 0 0
FS Bancorp Inc. Common 30263Y104 76 1,460 SH   DFND 1 0 1,460 0
FS Bancorp Inc. Common 30263Y104 110 2,117 SH   DFND 1 2,117 0 0
Freddie Mac 8.375 Series Z Common 313400624 662 53,350 SH   DFND 2 53,350 0 0
General Electric Common 369604103 13 1,200 SH   DFND 1 0 1,200 0
General Electric Common 369604103 37 3,480 SH   DFND 1 3,480 0 0
General Motors Common 37045V100 193 5,000 SH   DFND 1 0 5,000 0
Gilead Sciences, Inc. Common 375558103 236 3,500 SH   DFND 2 3,500 0 0
Global Medical REIT, Inc. Ser A Cum Pfd. Common 37957W203 918 35,000 SH   DFND 2 35,000 0 0
Globus Medical, Inc. Common 379577208 80 1,900 SH   DFND 2 1,900 0 0
Heritage NOLA Bancorp Inc. Common 42727P108 38 3,000 SH   DFND 1 0 3,000 0
Heritage NOLA Bancorp Inc. Common 42727P108 115 9,000 SH   DFND 1 9,000 0 0
Hospitality Properties Trust Common 44106M102 625 25,000 SH   DFND 1 0 25,000 0
Horizon Therapeutics Public Ltd. Company Common G4617B105 1,204 50,046 SH   DFND 2 50,046 0 0
Intec Pharma Ltd. Common M53644106 1,126 259,377 SH   DFND 2 259,377 0 0
International Business Machines Common 459200101 591 4,284 SH   DFND 1 0 4,284 0
International Gaming Technologies Common G4863A108 7,782 600,000 SH   DFND 2 600,000 0 0
International Gaming Technologies Common G4863A108 97 7,500 SH   DFND 1 0 7,500 0
Johnson & Johnson Common 478160104 306 2,200 SH   DFND 1 0 2,200 0
Johnson & Johnson Common 478160104 708 5,080 SH   DFND 1 5,080 0 0
JP Morgan & Chase Common 46625H100 984 8,800 SH   DFND 1 0 8,800 0
JP Morgan & Chase Common 46625H100 1,593 14,250 SH   DFND 1 14,250 0 0
Kimberly Clark Corporation Common 494368103 800 6,000 SH   DFND 1 0 6,000 0
Krystal Biotech, Inc. Common 501147102 233 5,797 SH   DFND 2 5,797 0 0
Legacy Housing Corporation Common 52472M101 50 4,000 SH   DFND 1 0 4,000 0
Legacy Housing Corporation Common 52472M101 62 5,000 SH   DFND 1 5,000 0 0
Lexicon Pharmaceuticals, Inc. Common 528872302 189 30,000 SH   DFND 2 30,000 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 39,062 342,198 SH   DFND 2 342,198 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 210 1,843 SH   DFND 1 0 1,843 0
Ligand Pharmaceuticals Incorporated Common 53220K504 1,027 9,000 SH   DFND 1 9,000 0 0
LKQ Corporation Common 501889208 7,983 300,000 SH   DFND 2 300,000 0 0
Lowe's Companies, Inc. Common 548661107 4,541 45,000 SH   DFND 2 45,000 0 0
Macquarie Infrastructure Corporation Common 55608B105 6,632 163,600 SH   DFND 2 163,600 0 0
Macquarie Infrastructure Corporation Common 55608B105 365 9,000 SH   DFND 1 0 9,000 0
Macquarie Infrastructure Corporation Common 55608B105 134 3,300 SH   DFND 1 3,300 0 0
Medtronics Inc. Common G5960L103 102 1,050 SH   DFND 1 0 1,050 0
MEI Pharma, Inc. Common 55279B202 96 38,590 SH   DFND 2 38,590 0 0
Merck & Co. Inc. Common 58993Y105 42 500 SH   DFND 1 0 500 0
Merck & Co. Inc. Common 58993Y105 67 800 SH   DFND 1 800 0 0
Microsoft Corporation Common 594918104 134 1,000 SH   DFND 1 0 1,000 0
Microsoft Corporation Common 594918104 54 400 SH   DFND 1 400 0 0
Mondelez Int'l Inc. Common 609207105 701 13,000 SH   DFND 1 0 13,000 0
Mondelez Int'l Inc. Common 609207105 156 2,900 SH   DFND 1 2,900 0 0
MPLX LP Common 55336V100 10,608 329,558 SH   DFND 2 329,558 0 0
Novartis AG Common 66987V109 274 3,000 SH   DFND 2 3,000 0 0
Novelion Therapeutics, Inc. Common 67001K202 85 109,135 SH   DFND 2 109,135 0 0
Och-Ziff Capital Management Group Common 67551U105 5 200 SH   DFND 1 200 0 0
Oritani Financial Corp Common 68633D103 34 2,000 SH   DFND 1 0 2,000 0
Oritani Financial Corp Common 68633D103 103 5,800 SH   DFND 1 5,800 0 0
Orthofix Medical Inc. Common 68752M108 106 2,000 SH   DFND 2 2,000 0 0
Peoples United Financial Common 712704105 25 1,500 SH   DFND 1 0 1,500 0
Pfizer Inc. Common 717081103 4,375 101,000 SH   DFND 1 0 101,000 0
Pfizer Inc. Common 717081103 1,906 44,000 SH   DFND 1 44,000 0 0
Quotient Limited Common G73268107 1,590 170,000 SH   DFND 2 170,000 0 0
RMR Group Inc. Common 74967R106 1 16 SH   DFND 1 0 16 0
Radius Health Inc. Common 750469207 1,882 77,269 SH   DFND 2 77,269 0 0
Ryman Hospitality Ppty Inc. Common 78377T107 973 12,000 SH   DFND 1 0 12,000 0
Ryman Hospitality Ppty Inc. Common 78377T107 32 400 SH   DFND 1 400 0 0
Starwood Ppty Common 85571B105 9 400 SH   DFND 1 400 0 0
Stemline Therapeutics, Inc. Common 85858C107 1,542 100,634 SH   DFND 2 100,634 0 0
Stericycle, Inc. Common 858912108 12,849 269,083 SH   DFND 2 269,083 0 0
The Howard Hughes Corporation Common 44267D107 1,610 13,000 SH   DFND 2 13,000 0 0
The Michaels Companies, Inc. Common 59408Q106 2,610 300,000 SH   DFND 2 300,000 0 0
The Kraft Heinz Company Common 500754106 182 5,865 SH   DFND 1 0 5,865 0
The Kraft Heinz Company Common 500754106 94 3,035 SH   DFND 1 3,035 0 0
The Stars Group Inc. Common 85570W100 8,037 470,800 SH   DFND 2 470,800 0 0
Totol SA Common 89151E109 162 2,900 SH   DFND 1 0 2,900 0
Totol SA Common 89151E109 132 2,360 SH   DFND 1 2,360 0 0
Upland Software, Inc. Common 91544A109 19,942 438,000 SH   DFND 2 438,000 0 0
Verizon Communications Inc. Common 92343V104 971 16,991 SH   DFND 1 0 16,991 0
Verizon Communications Inc. Common 92343V104 75 1,320 SH   DFND 1 1,320 0 0
Verrica Pharmaceuticals, Inc. Common 92511W108 129 11,107 SH   DFND 2 11,107 0 0
Viking Therapeutics, Inc. Common 92686J106 1,810 218,102 SH   DFND 2 218,102 0 0
Viveve Medical, Inc. Common 92852W204 17 43,649 SH   DFND 2 43,649 0 0
WABTEC Common 929740108 0 6 SH   DFND 1 0 6 0
WABTEC Common 929740108 1 17 SH   DFND 1 17 0 0
Wheeler Real Estate Investment Trust, Inc. Common 963025606 215 14,309 SH   DFND 2 14,309 0 0
WP Carey Common 92936U109 487 6,000 SH   DFND 1 0 6,000 0
Xenon Pharmaceuticals Inc. Common 98420N105 1,769 179,390 SH   DFND 2 179,390 0 0