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 190 14,949 SH   DFND   0 0 14,949
AT&T INC COM 00206R102 2,811 69,210 SH   DFND   6,215 0 62,995
ABBOTT LABORATORIES COM 002824100 5,335 126,150 SH   DFND   5,260 0 120,890
ABBVIE INC COM 00287Y109 3,501 55,506 SH   DFND   3,350 0 52,156
AGILENT TECHNOLOGIES INC COM 00846U101 223 4,740 SH   DFND   0 0 4,740
AIR LEASE CORP CL A COM 00912X302 7,421 259,650 SH   DFND   16,075 0 243,575
AIR PRODUCTS& CHEMICALS INC COM 009158106 278 1,850 SH   DFND   0 0 1,850
ALPHABET CLASS C COM 02079K107 888 1,143 SH   DFND   0 0 1,143
ALPHABET CLASS A COM 02079K305 13,174 16,384 SH   DFND   886 0 15,498
ALTRIA GROUP INC COM 02209S103 250 3,960 SH   DFND   0 0 3,960
AMERICAN ELECT PWR INC COM 025537101 317 4,930 SH   DFND   0 0 4,930
AMERICAN EXPRESS CO COM 025816109 968 15,113 SH   DFND   300 0 14,813
AMERICAN WATER WORKS CO COM 030420103 7,877 105,250 SH   DFND   1,475 0 103,775
APACHE CORP COM 037411105 1,511 23,655 SH   DFND   250 0 23,405
APPLE INC COM 037833100 16,374 144,834 SH   DFND   5,233 0 139,601
ASTA FUNDING INC. COM 046220109 116 11,000 SH   DFND   0 0 11,000
AUTOMATIC DATA PROCESSING INC COM 053015103 528 5,991 SH   DFND   3,950 0 2,041
BANK OF AMERICA CORP COM 060505104 396 25,272 SH   DFND   0 0 25,272
BECTON DICKINSON& CO COM 075887109 467 2,601 SH   DFND   0 0 2,601
BERKSHIRE HATHAWAY INC COM 084670108 216 1 SH   DFND   0 0 1
BERKSHIRE HATHAWAY INC CLASS B COM 084670702 1,800 12,457 SH   DFND   575 0 11,882
BIO RAD LABS INC COM 090572207 523 3,190 SH   DFND   0 0 3,190
THE BLACKSTONE GROUP LP COM 09253U108 1,272 49,840 SH   DFND   5,600 0 44,240
BOEING COMPANY COM 097023105 767 5,819 SH   DFND   0 0 5,819
BRISTOL-MYERS SQUIBB CO COM 110122108 208 3,853 SH   DFND   200 0 3,653
BUCKEYE PARTNERS L P UNIT LTD PARTNERS 118230101 558 7,800 SH   DFND   0 0 7,800
CVS HEALTH CORPORATION COM 126650100 13,316 149,637 SH   DFND   7,470 0 142,167
CALPINE CORP COM 131347304 5,834 461,532 SH   DFND   24,575 0 436,957
CHEVRON CORP COM 166764100 12,323 119,736 SH   DFND   11,975 0 107,761
CINEMARK HOLDINGS INC COM 17243V102 9,632 251,614 SH   DFND   16,545 0 235,069
CLOROX COMPANY COM 189054109 257 2,050 SH   DFND   100 0 1,950
COCA-COLA COMPANY COM 191216100 1,972 46,593 SH   DFND   1,000 0 45,593
COGNIZANT TECH SOL CL A COM 192446102 4,771 100,005 SH   DFND   4,350 0 95,655
COHEN& STEERS QUALITY INCOME REALTY FUN 19247L106 136 10,200 SH   DFND   0 0 10,200
COLGATE-PALMOLIVE CO. COM 194162103 647 8,727 SH   DFND   3,300 0 5,427
CONOCOPHILLIPS COM 20825C104 542 12,476 SH   DFND   0 0 12,476
COSTCO WHSL CORP (NEW) COM 22160K105 1,536 10,072 SH   DFND   1,040 0 9,032
CROWN CASTLE INTERNATIONAL COM 22822V101 608 6,450 SH   DFND   0 0 6,450
DNP SELECT INCOME FUND, INC. COM 23325P104 186 18,162 SH   DFND   5,000 0 13,162
DEVON ENERGY CORP (NEW) COM 25179M103 3,338 75,666 SH   DFND   200 0 75,466
DIREXION DAILY S&P 500 BEAR 3X SHARES ETF 25459Y371 224 18,270 SH   DFND   0 0 18,270
DISNEY CO. (WALT) COM 254687106 10,992 118,367 SH   DFND   10,565 0 107,802
DISH NETWORK CORP COM 25470M109 493 9,000 SH   DFND   0 0 9,000
DOMINION RESOURCES INC (NEW) COM 25746U109 249 3,350 SH   DFND   0 0 3,350
DU PONT (E.I.) DE NEMOURS COM 263534109 1,505 22,467 SH   DFND   1,000 0 21,467
DUKE ENERGY CORP COM 26441C204 1,250 15,623 SH   DFND   5,058 0 10,565
EOG RESOURCES INC COM 26875P101 2,783 28,773 SH   DFND   2,520 0 26,253
MANAGERS TR PF ISE CYBER SEC COM 26924G201 8,844 316,995 SH   DFND   19,890 0 297,105
ECOLAB INC COM 278865100 2,094 17,201 SH   DFND   145 0 17,056
EMERSON ELECTRIC COMPANY COM 291011104 689 12,641 SH   DFND   0 0 12,641
ENTERPRISE PRD PRTNRS LP COM 293792107 288 10,436 SH   DFND   0 0 10,436
EQUITY RESIDENTIAL PPTYS TR COM 29476L107 409 6,361 SH   DFND   0 0 6,361
ESSEX PROPERTIES TRUST COM 297178105 351 1,576 SH   DFND   0 0 1,576
EVERSOURCE ENERGY COM 30040W108 862 15,904 SH   DFND   0 0 15,904
EXXON MOBIL CORP COM 30231G102 5,787 66,304 SH   DFND   7,530 0 58,774
FEDEX CORPORATION COM 31428X106 1,931 11,052 SH   DFND   45 0 11,007
GENERAL ELECTRIC COMPANY COM 369604103 2,249 75,934 SH   DFND   13,835 0 62,099
GENERAL MILLS INCORPORATED COM 370334104 366 5,725 SH   DFND   0 0 5,725
GENUINE PARTS CO COM 372460105 342 3,400 SH   DFND   3,050 0 350
GILEAD SCIENCES INC COM 375558103 8,718 110,187 SH   DFND   3,525 0 106,662
GREAT PLAINS ENERGY INC COM 391164100 355 13,000 SH   DFND   0 0 13,000
HCP INC COM 40414L109 539 14,200 SH   DFND   1,800 0 12,400
HOME DEPOT INC COM 437076102 3,965 30,810 SH   DFND   200 0 30,610
HONEYWELL INTERNATIONAL INC COM 438516106 707 6,060 SH   DFND   2,030 0 4,030
INTEL CORPORATION COM 458140100 1,055 27,951 SH   DFND   3,050 0 24,901
INTERNATIONAL BUSINESS MACHINE COM 459200101 773 4,864 SH   DFND   505 0 4,359
ISHARES TR DJ SEL DVI INX COM 464287168 281 3,277 SH   DFND   0 0 3,277
ISHARES TR S&P 500 INDEX FUND COM 464287200 511 2,347 SH   DFND   0 0 2,347
ISHARES TR NASDAQ BIO FD NASDAQ BIOTECH IN 464287556 1,038 3,585 SH   DFND   400 0 3,185
ISHARES DJ US REGIONAL BANKS COM 464288778 6,139 174,539 SH   DFND   9,395 0 165,144
ISHARES US MEDICAL DEVICES ETF COM 464288810 7,822 53,801 SH   DFND   2,075 0 51,726
JPMORGAN CHASE& CO COM 46625H100 14,437 216,804 SH   DFND   13,240 0 203,564
JACOBS ENGINEERING GROUP INC COM 469814107 2,178 42,105 SH   DFND   3,150 0 38,955
JOHNSON& JOHNSON COM 478160104 11,387 96,394 SH   DFND   7,485 0 88,909
KIMBERLY CLARK COM 494368103 1,075 8,521 SH   DFND   2,945 0 5,576
KINDER MORGAN INC COM 49456B101 6,214 268,664 SH   DFND   16,350 0 252,314
KINDER MORGAN INC MAND CVT PFD 9.75% 10/26/18 49456B200 827 16,515 SH   DFND   0 0 16,515
LITMAN GREGORY MASTERS INTL FD INSTITUTIONAL CLA 53700T207 159 10,202 SH   DFND   9,202 0 1,000
LOCKHEED MARTIN CORP COM 539830109 1,658 6,918 SH   DFND   0 0 6,918
LOWES CO INC COM 548661107 9,762 135,185 SH   DFND   7,650 0 127,535
MATTHEWS ASIA DIVIDEND FUND FUND 577125107 1,495 88,017 SH   DFND   0 0 88,017
MATTHEWS PACIFIC TIGER FUND FUND 577130107 737 28,362 SH   DFND   0 0 28,362
MCDONALDS CORP COM 580135101 519 4,500 SH   DFND   3,300 0 1,200
MCKESSON CORPORATION COM 58155Q103 367 2,200 SH   DFND   0 0 2,200
MERCK& CO. INC. COM 58933Y105 4,252 68,132 SH   DFND   2,480 0 65,652
METLIFE INC COM 59156R108 7,428 167,186 SH   DFND   8,880 0 158,306
MICROSOFT CORP COM 594918104 15,268 265,074 SH   DFND   15,825 0 249,249
MID AMERICA APARTMENT COM. COM 59522J103 6,491 69,057 SH   DFND   6,015 0 63,042
MONDELEZ INTERNATIONAL INC COM 609207105 299 6,813 SH   DFND   750 0 6,063
MONSANTO COMPANY COM 61166W101 325 3,181 SH   DFND   0 0 3,181
NATIONAL RETAIL PROPERTIES INC COM 637417106 343 6,750 SH   DFND   50 0 6,700
NEXTERA ENERGY INC COM 65339F101 765 6,255 SH   DFND   1,880 0 4,375
NORFOLK SOUTHERN CORP COM 655844108 206 2,126 SH   DFND   0 0 2,126
NOVARTIS A G SPON ADR F SPONSORED ADR 66987V109 241 3,051 SH   DFND   0 0 3,051
NOVO-NORDISK A-S ADR F 1 ADR REP 1 ORD 670100205 356 8,554 SH   DFND   6,550 0 2,004
OCCIDENTAL PETROLEUM COM 674599105 445 6,105 SH   DFND   250 0 5,855
ORACLE CORP COM 68389X105 10,425 265,398 SH   DFND   15,881 0 249,517
PPG INDUSTRIES COM 693506107 227 2,200 SH   DFND   400 0 1,800
PPL CORP COM 69351T106 706 20,425 SH   DFND   800 0 19,625
PAYPAL HLDGS INC COM 70450Y103 497 12,125 SH   DFND   0 0 12,125
DREYFUS MID CAP INDEX FUND FUND 712223106 226 6,240 SH   SOLE   6,240 0 0
PEPSICO INCORPORATED COM 713448108 11,812 108,593 SH   DFND   7,880 0 100,713
PFIZER INC COM 717081103 8,012 236,560 SH   DFND   15,095 0 221,465
PHILIP MORRIS INTL INC COM 718172109 562 5,781 SH   DFND   0 0 5,781
PHILLIPS 66 COM 718546104 399 4,953 SH   DFND   0 0 4,953
PWRSHRS WILDERHIL CLEAN ENERGY COM 73935X500 132 34,000 SH   DFND   0 0 34,000
POWERSHARES ETF TRUST WATER RESOURCE 73935X575 1,444 58,700 SH   DFND   7,800 0 50,900
POWERSHARES DYNAMIC PHARMACEUTICALS 73935X799 720 11,675 SH   DFND   0 0 11,675
PRICE T ROWE GROWTH STOCK FD FUND 741479109 264 4,860 SH   SOLE   4,860 0 0
PROCTER AND GAMBLE COMPANY COM 742718109 7,454 83,048 SH   DFND   4,050 0 78,998
QUALCOMM INC. COM 747525103 8,462 123,529 SH   DFND   2,460 0 121,069
RAYTHEON CO NEW COM 755111507 3,760 27,618 SH   DFND   680 0 26,938
ROYAL BANK CANADA MONTREAL QUE COM 780087102 239 3,850 SH   DFND   0 0 3,850
ROYAL DUTCH SHELL PLC CL A ADR COM 780259206 801 16,000 SH   DFND   0 0 16,000
ROYAL GOLD INC COMMON. COM 780287108 705 9,100 SH   DFND   0 0 9,100
S&P 500 DEPOSITARY RECEIPTS COM 78462F103 555 2,564 SH   DFND   850 0 1,714
SPDR EURO STOXX 50 ETF COM 78463X202 201 6,125 SH   DFND   0 0 6,125
SPDR SERIES TRUST S&P BIOTECH COM 78464A870 6,832 103,068 SH   DFND   6,420 0 96,648
SCHLUMBERGER LIMITED COM 806857108 9,813 124,785 SH   DFND   9,120 0 115,665
SCHWAB CHARLES CORP COM 808513105 294 9,297 SH   DFND   4,548 0 4,749
SCHWAB 1000 FUND FUND 808517106 462 8,657 SH   DFND   860 0 7,796
SCHWAB US LARGE CAP COM 808524201 715 13,842 SH   DFND   0 0 13,842
SEATTLE GENETICS INC COM 812578102 243 4,500 SH   DFND   0 0 4,500
SECT SPDR ENERGY SELECT COM 81369Y506 945 13,385 SH   DFND   125 0 13,260
SECT SPDR THE UTILITES SEL FD COM 81369Y886 845 17,248 SH   DFND   5,398 0 11,850
SILVER WHEATON CORP. COM 828336107 860 31,800 SH   DFND   0 0 31,800
J.M. SMUCKER CO (NEW) COM 832696405 461 3,400 SH   DFND   0 0 3,400
SPECTRA ENERGY CORP COM 847560109 373 8,724 SH   DFND   0 0 8,724
SPECTRA ENERGY PARTNERS LP COM 84756N109 542 12,400 SH   DFND   0 0 12,400
STARBUCKS CORP COM 855244109 1,817 33,562 SH   DFND   0 0 33,562
STARWOOD PROPERTY TRUST, INC. COM 85571B105 7,656 339,963 SH   DFND   25,860 0 314,103
STRYKER CORP COM 863667101 250 2,150 SH   DFND   1,500 0 650
TJX COMPANIES, INC COM 872540109 778 10,400 SH   DFND   0 0 10,400
TARGET CORP COM 87612E106 275 4,005 SH   DFND   150 0 3,855
THERMO FISHER SCIENTIFIC INC COM 883556102 10,550 66,327 SH   DFND   1,875 0 64,452
3M CO COM 88579Y101 874 4,958 SH   DFND   2,040 0 2,918
TORCHMARK CORP COM 891027104 285 4,462 SH   DFND   0 0 4,462
TRAVELERS COS INC/THE COM 89417E109 1,836 16,024 SH   DFND   0 0 16,024
U.S. BANCORP COM 902973304 534 12,456 SH   DFND   3,841 0 8,615
U.S. GEOTHERMAL INC COM 90338S102 11 15,000 SH   DFND   0 0 15,000
UNION PACIFIC CORPORATION COM 907818108 1,907 19,552 SH   DFND   500 0 19,052
UNITED PARCEL SERVICE -CL B COM 911312106 3,114 28,471 SH   DFND   1,900 0 26,571
UNITED TECHNOLOGIES CORP COM 913017109 8,740 86,025 SH   DFND   7,580 0 78,445
UNIVERSAL DISPLAY CORP COM 91347P105 475 8,550 SH   DFND   0 0 8,550
VANGUARD DIVIDEND APPRECIATION ETF 921908844 206 2,451 SH   DFND   0 0 2,451
VANGUARD FTSE ALL WORLD ex US ETF 922042775 1,249 27,498 SH   DFND   0 0 27,498
VANGUARD INFORMATION TECH ETF COM 92204A702 2,442 20,291 SH   DFND   0 0 20,291
VENTAS INC COM 92276F100 6,949 98,383 SH   DFND   2,725 0 95,658
VANGUARD 500 INDEX FUND FUND 922908108 642 3,205 SH   DFND   1,782 0 1,423
VANGUARD TOTAL STOCK MARKET INDEX FUND 922908306 203 3,751 SH   DFND   0 0 3,751
VANGUARD REIT ETF COM 922908553 883 10,179 SH   DFND   0 0 10,179
VANGUARD TOTAL STOCK MKT COM 922908769 770 6,913 SH   DFND   0 0 6,913
VERIZON COMMUNICATIONS COM 92343V104 2,415 46,463 SH   DFND   3,345 0 43,118
VISA INC-CLASS A SHRS COM 92826C839 5,031 60,839 SH   DFND   2,610 0 58,229
WALGREEN BOOTS ALLIANCE INC COM 931427108 379 4,700 SH   DFND   0 0 4,700
WASTE MANAGEMENT INC. COM 94106L109 827 12,972 SH   DFND   0 0 12,972
WELLS FARGO& CO (NEW) COM 949746101 3,862 87,208 SH   DFND   5,022 0 82,186
WELLTOWER INC COM 95040Q104 610 8,155 SH   DFND   5,280 0 2,875
WEYERHAEUSER COMPANY COM 962166104 6,874 215,225 SH   DFND   4,650 0 210,575
EATON CORP PLC COM G29183103 368 5,600 SH   DFND   0 0 5,600
PENTAIR PLC COM G7S00T104 7,347 114,367 SH   DFND   9,135 0 105,232
CHUBB LIMITED COM H1467J104 238 1,892 SH   DFND   0 0 1,892
UBS GROUP AG COM H42097107 632 46,425 SH   DFND   3,000 0 43,425
CORE LABORATORIES N.V. COM N22717107 908 8,080 SH   DFND   600 0 7,480