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 ALERIAN MLP ETF COM 00162Q866 179 14,049 SH   DFND   0 0 14,049
AT&T INC COM 00206R102 2,771 64,135 SH   DFND   6,515 0 57,620
ABBOTT LABORATORIES COM 002824100 4,978 126,625 SH   DFND   5,260 0 121,365
ABBVIE INC COM 00287Y109 4,387 70,857 SH   DFND   3,400 0 67,457
AGILENT TECHNOLOGIES INC COM 00846U101 235 5,290 SH   DFND   0 0 5,290
AIR LEASE CORP CL A COM 00912X302 6,789 253,500 SH   DFND   16,000 0 237,500
AIR PRODUCTS& CHEMICALS INC COM 009158106 263 1,850 SH   DFND   0 0 1,850
ALPHABET CLASS C COM 02079K107 869 1,255 SH   DFND   0 0 1,255
ALPHABET CLASS A COM 02079K305 11,496 16,341 SH   DFND   886 0 15,455
ALTRIA GROUP INC COM 02209S103 273 3,960 SH   DFND   0 0 3,960
AMERN CAMPUS COMMUNITIES COM 024835100 201 3,800 SH   DFND   0 0 3,800
AMERICAN EXPRESS CO COM 025816109 1,021 16,796 SH   DFND   300 0 16,496
AMERICAN WATER WORKS CO COM 030420103 9,176 108,575 SH   DFND   1,475 0 107,100
APPLE INC COM 037833100 12,257 128,208 SH   DFND   4,773 0 123,435
AUTOMATIC DATA PROCESSING INC COM 053015103 550 5,991 SH   DFND   3,950 0 2,041
BANK OF AMERICA CORP COM 060505104 263 19,820 SH   DFND   0 0 19,820
BECTON DICKINSON& CO COM 075887109 458 2,701 SH   DFND   100 0 2,601
BERKSHIRE HATHAWAY INC COM 084670108 217 1 SH   DFND   0 0 1
BERKSHIRE HATHAWAY INC CLASS B COM 084670702 1,890 13,054 SH   DFND   600 0 12,454
THE BLACKSTONE GROUP LP COM 09253U108 1,147 46,760 SH   DFND   5,600 0 41,160
BOEING COMPANY COM 097023105 756 5,819 SH   DFND   0 0 5,819
BRISTOL-MYERS SQUIBB CO COM 110122108 254 3,450 SH   DFND   350 0 3,100
BUCKEYE PARTNERS L P UNIT LTD PARTNERS 118230101 549 7,800 SH   DFND   0 0 7,800
CVS HEALTH CORPORATION COM 126650100 13,384 139,792 SH   DFND   7,445 0 132,347
CALPINE CORP COM 131347304 6,729 456,215 SH   DFND   25,075 0 431,140
CHEVRON CORP COM 166764100 12,213 116,499 SH   DFND   12,070 0 104,429
CINEMARK HOLDINGS INC COM 17243V102 9,312 255,398 SH   DFND   16,545 0 238,853
COCA-COLA COMPANY COM 191216100 2,109 46,521 SH   DFND   1,000 0 45,521
COGNIZANT TECH SOL CL A COM 192446102 5,742 100,315 SH   DFND   4,350 0 95,965
COHEN& STEERS QUALITY INCOME REALTY FUN 19247L106 155 11,300 SH   DFND   0 0 11,300
COLGATE-PALMOLIVE CO. COM 194162103 639 8,727 SH   DFND   3,300 0 5,427
CONOCOPHILLIPS COM 20825C104 765 17,551 SH   DFND   0 0 17,551
COSTCO WHSL CORP (NEW) COM 22160K105 1,685 10,732 SH   DFND   1,065 0 9,667
CROWN CASTLE INTERNATIONAL COM 22822V101 467 4,600 SH   DFND   0 0 4,600
DNP SELECT INCOME FUND, INC. COM 23325P104 237 22,325 SH   DFND   5,000 0 17,325
DANAHER CORP COM 235851102 204 2,023 SH   DFND   0 0 2,023
DEVON ENERGY CORP (NEW) COM 25179M103 2,841 78,381 SH   DFND   200 0 78,181
DIREXION DAILY S&P 500 BEAR 3X SHARES ETF 25459Y371 255 18,270 SH   DFND   0 0 18,270
DISNEY CO. (WALT) COM 254687106 10,580 108,162 SH   DFND   9,555 0 98,607
DOMINION RESOURCES INC (NEW) COM 25746U109 330 4,230 SH   DFND   0 0 4,230
DU PONT (E.I.) DE NEMOURS COM 263534109 1,513 23,342 SH   DFND   1,000 0 22,342
DUKE ENERGY CORP COM 26441C204 1,456 16,973 SH   DFND   5,058 0 11,915
EMC CORP/MASS COM 268648102 10,541 387,969 SH   DFND   19,425 0 368,544
EOG RESOURCES INC COM 26875P101 2,412 28,913 SH   DFND   2,520 0 26,393
MANAGERS TR PF ISE CYBER SEC COM 26924G201 7,611 318,595 SH   DFND   18,440 0 300,155
ECOLAB INC COM 278865100 2,190 18,466 SH   DFND   145 0 18,321
EMERSON ELECTRIC COMPANY COM 291011104 722 13,841 SH   DFND   0 0 13,841
ENTERPRISE PRD PRTNRS LP COM 293792107 246 8,402 SH   DFND   0 0 8,402
EQUITY RESIDENTIAL PPTYS TR COM 29476L107 562 8,161 SH   DFND   0 0 8,161
EVERSOURCE ENERGY COM 30040W108 960 16,029 SH   DFND   0 0 16,029
EXXON MOBIL CORP COM 30231G102 6,260 66,777 SH   DFND   7,605 0 59,172
FEDEX CORPORATION COM 31428X106 947 6,242 SH   DFND   0 0 6,242
GENERAL ELECTRIC COMPANY COM 369604103 2,444 77,642 SH   DFND   14,010 0 63,632
GENERAL MILLS INCORPORATED COM 370334104 408 5,725 SH   DFND   0 0 5,725
GENUINE PARTS CO COM 372460105 344 3,400 SH   DFND   3,050 0 350
GILEAD SCIENCES INC COM 375558103 7,094 85,037 SH   DFND   3,525 0 81,512
HCP INC COM 40414L109 520 14,700 SH   DFND   1,800 0 12,900
HOME DEPOT INC COM 437076102 3,664 28,697 SH   DFND   200 0 28,497
HONEYWELL INTERNATIONAL INC COM 438516106 728 6,260 SH   DFND   2,030 0 4,230
INTEL CORPORATION COM 458140100 1,223 37,298 SH   DFND   3,250 0 34,048
INTERNATIONAL BUSINESS MACHINE COM 459200101 784 5,164 SH   DFND   505 0 4,659
ISHARES TR DJ SEL DVI INX COM 464287168 272 3,185 SH   DFND   0 0 3,185
ISHARES TR S&P 500 INDEX FUND COM 464287200 494 2,347 SH   DFND   0 0 2,347
ISHARES TR NASDAQ BIO FD NASDAQ BIOTECH IN 464287556 932 3,620 SH   DFND   400 0 3,220
ISHARES DJ US REGIONAL BANKS COM 464288778 5,721 176,369 SH   DFND   9,595 0 166,774
ISHARES US MEDICAL DEVICES ETF COM 464288810 8,103 59,781 SH   DFND   2,440 0 57,341
JPMORGAN CHASE& CO COM 46625H100 13,478 216,892 SH   DFND   13,470 0 203,422
JACOBS ENGINEERING GROUP INC COM 469814107 2,265 45,480 SH   DFND   3,150 0 42,330
JOHNSON& JOHNSON COM 478160104 12,185 100,456 SH   DFND   8,110 0 92,346
KIMBERLY CLARK COM 494368103 1,182 8,601 SH   DFND   2,975 0 5,626
KINDER MORGAN INC COM 49456B101 2,121 113,284 SH   DFND   3,800 0 109,484
KINDER MORGAN INC MAND CVT PFD 9.75% 10/26/18 49456B200 7,154 146,440 SH   DFND   5,600 0 140,840
LITMAN GREGORY MASTERS INTL FD INSTITUTIONAL CLA 53700T207 148 10,202 SH   DFND   9,202 0 1,000
LOCKHEED MARTIN CORP COM 539830109 1,717 6,918 SH   DFND   0 0 6,918
LOWES CO INC COM 548661107 7,224 91,246 SH   DFND   1,765 0 89,481
MATTHEWS ASIA DIVIDEND FUND FUND 577125107 1,422 88,017 SH   DFND   0 0 88,017
MATTHEWS PACIFIC TIGER FUND FUND 577130107 718 29,336 SH   DFND   0 0 29,336
MCDONALDS CORP COM 580135101 542 4,500 SH   DFND   3,300 0 1,200
MERCK& CO. INC. COM 58933Y105 4,985 86,526 SH   DFND   2,480 0 84,046
METLIFE INC COM 59156R108 6,767 169,909 SH   DFND   8,880 0 161,029
MICROSOFT CORP COM 594918104 13,668 267,117 SH   DFND   16,275 0 250,842
MID AMERICA APARTMENT COM. COM 59522J103 1,427 13,412 SH   DFND   2,915 0 10,497
MONDELEZ INTERNATIONAL INC COM 609207105 310 6,813 SH   DFND   750 0 6,063
MONSANTO COMPANY COM 61166W101 336 3,251 SH   DFND   0 0 3,251
MOSAIC CO COM 61945C103 1,228 46,905 SH   DFND   0 0 46,905
NATIONAL RETAIL PROPERTIES INC COM 637417106 362 7,000 SH   DFND   50 0 6,950
NEXTERA ENERGY INC COM 65339F101 835 6,405 SH   DFND   2,030 0 4,375
NOVARTIS A G SPON ADR F SPONSORED ADR 66987V109 248 3,000 SH   DFND   0 0 3,000
NOVO-NORDISK A-S ADR F 1 ADR REP 1 ORD 670100205 466 8,670 SH   DFND   6,750 0 1,920
OCCIDENTAL PETROLEUM COM 674599105 683 9,045 SH   DFND   500 0 8,545
ORACLE CORP COM 68389X105 10,711 261,700 SH   DFND   16,281 0 245,419
PPL CORP COM 69351T106 813 21,525 SH   DFND   800 0 20,725
PAYPAL HLDGS INC COM 70450Y103 443 12,125 SH   DFND   0 0 12,125
DREYFUS MID CAP INDEX FUND FUND 712223106 217 6,240 SH   SOLE   6,240 0 0
PEPSICO INCORPORATED COM 713448108 11,621 109,693 SH   DFND   7,880 0 101,813
PFIZER INC COM 717081103 5,297 150,443 SH   DFND   2,500 0 147,943
PHILIP MORRIS INTL INC COM 718172109 588 5,781 SH   DFND   0 0 5,781
PHILLIPS 66 COM 718546104 876 11,045 SH   DFND   0 0 11,045
PWRSHRS WILDERHIL CLEAN ENERGY COM 73935X500 144 37,800 SH   DFND   0 0 37,800
POWERSHARES ETF TRUST WATER RESOURCE 73935X575 1,411 59,700 SH   DFND   7,800 0 51,900
POWERSHARES DYNAMIC PHARMACEUTICALS 73935X799 752 11,875 SH   DFND   0 0 11,875
PRICE T ROWE GROWTH STOCK FD FUND 741479109 245 4,860 SH   SOLE   4,860 0 0
PROCTER AND GAMBLE COMPANY COM 742718109 7,117 84,052 SH   DFND   4,100 0 79,952
QUALCOMM INC. COM 747525103 6,710 125,251 SH   DFND   2,610 0 122,641
RAYTHEON CO NEW COM 755111507 3,636 26,748 SH   DFND   680 0 26,068
ROYAL BANK CANADA MONTREAL QUE COM 780087102 227 3,850 SH   DFND   0 0 3,850
ROYAL DUTCH SHELL PLC CL A ADR COM 780259206 900 16,300 SH   DFND   0 0 16,300
ROYAL GOLD INC COMMON. COM 780287108 655 9,100 SH   DFND   0 0 9,100
S&P 500 DEPOSITARY RECEIPTS COM 78462F103 505 2,411 SH   DFND   850 0 1,561
SPDR EURO STOXX 50 ETF COM 78463X202 210 6,725 SH   DFND   0 0 6,725
SPDR SERIES TRUST S&P BIOTECH COM 78464A870 643 11,883 SH   DFND   2,325 0 9,558
SCHLUMBERGER LIMITED COM 806857108 9,888 125,042 SH   DFND   9,270 0 115,772
SCHWAB CHARLES CORP COM 808513105 261 10,297 SH   DFND   4,548 0 5,749
SCHWAB 1000 FUND FUND 808517106 495 9,630 SH   DFND   860 0 8,769
SCHWAB US LARGE CAP COM 808524201 598 12,025 SH   DFND   0 0 12,025
SECT SPDR MATERIALS FUND COM 81369Y100 407 8,780 SH   DFND   3,200 0 5,580
SECT SPDR ENERGY SELECT COM 81369Y506 929 13,610 SH   DFND   125 0 13,485
AMEX INDUSTRIAL SELECT SPDR COM 81369Y704 283 5,045 SH   DFND   0 0 5,045
SECT SPDR THE UTILITES SEL FD COM 81369Y886 905 17,248 SH   DFND   5,398 0 11,850
SILVER WHEATON CORP F COM 828336107 355 15,100 SH   DFND   0 0 15,100
J.M. SMUCKER CO (NEW) COM 832696405 1,143 7,500 SH   DFND   0 0 7,500
SPECTRA ENERGY PARTNERS LP COM 84756N109 359 7,600 SH   DFND   0 0 7,600
STARBUCKS CORP COM 855244109 1,917 33,562 SH   DFND   0 0 33,562
STARWOOD PROPERTY TRUST, INC. COM 85571B105 7,681 370,701 SH   DFND   28,010 0 342,691
STRYKER CORP COM 863667101 276 2,300 SH   DFND   1,500 0 800
TJX COMPANIES, INC COM 872540109 803 10,400 SH   DFND   0 0 10,400
TARGET CORP COM 87612E106 280 4,005 SH   DFND   150 0 3,855
THERMO FISHER SCIENTIFIC INC COM 883556102 10,562 71,480 SH   DFND   2,125 0 69,355
3M CO COM 88579Y101 930 5,311 SH   DFND   2,040 0 3,271
TORCHMARK CORP COM 891027104 276 4,462 SH   DFND   0 0 4,462
TRAVELERS COS INC/THE COM 89417E109 1,913 16,074 SH   DFND   0 0 16,074
U.S. BANCORP COM 902973304 239 5,926 SH   DFND   3,841 0 2,085
U.S. GEOTHERMAL INC COM 90338S102 12 15,000 SH   DFND   0 0 15,000
UNION PACIFIC CORPORATION COM 907818108 1,734 19,877 SH   DFND   500 0 19,377
UNITED PARCEL SERVICE -CL B COM 911312106 3,117 28,938 SH   DFND   1,900 0 27,038
UNITED TECHNOLOGIES CORP COM 913017109 8,278 80,725 SH   DFND   7,625 0 73,100
VANGUARD FTSE ALL WORLD ex US ETF 922042775 1,189 27,748 SH   DFND   0 0 27,748
VANGUARD INFORMATION TECH ETF COM 92204A702 2,185 20,406 SH   DFND   0 0 20,406
VENTAS INC COM 92276F100 7,434 102,087 SH   DFND   3,350 0 98,737
VANGUARD 500 INDEX FUND FUND 922908108 628 3,240 SH   DFND   1,782 0 1,458
VANGUARD REIT ETF COM 922908553 878 9,899 SH   DFND   0 0 9,899
VANGUARD TOTAL STOCK MKT COM 922908769 707 6,600 SH   DFND   0 0 6,600
VERIZON COMMUNICATIONS COM 92343V104 2,427 43,472 SH   DFND   3,345 0 40,127
VISA INC-CLASS A SHRS COM 92826C839 4,505 60,736 SH   DFND   2,670 0 58,066
WALGREEN BOOTS ALLIANCE INC COM 931427108 391 4,700 SH   DFND   0 0 4,700
WASTE MANAGEMENT INC. COM 94106L109 923 13,922 SH   DFND   0 0 13,922
WELLS FARGO& CO (NEW) COM 949746101 3,529 74,569 SH   DFND   5,022 0 69,547
WELLTOWER INC COM 95040Q104 644 8,455 SH   DFND   5,530 0 2,925
WEYERHAEUSER COMPANY COM 962166104 6,464 217,125 SH   DFND   4,650 0 212,475
EATON CORP PLC COM G29183103 334 5,600 SH   DFND   0 0 5,600
PENTAIR PLC COM G7S00T104 6,145 105,426 SH   DFND   9,054 0 96,372
TYCO INTERNATIONAL PLC COM G91442106 3,333 78,239 SH   DFND   2,150 0 76,089
CHUBB LIMITED COM H1467J104 247 1,892 SH   DFND   0 0 1,892
UBS GROUP AG COM H42097107 595 45,945 SH   DFND   3,000 0 42,945
CORE LABORATORIES N.V. COM N22717107 946 7,635 SH   DFND   600 0 7,035
MYLAN N V COM N59465109 6,601 152,670 SH   DFND   3,375 0 149,295