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
1/100 Berkshire Htwy Cla CL A 084670108 1,085 500 SH   SOLE   0 0 500
21st Cent Fox Cl A CL A 90130A101 1,196 44,224 SH   SOLE   0 0 44,224
A T & T Inc. COM 00206R102 1,503 34,780 SH   SOLE   0 0 34,780
Acadia Pharmaceuticals COM 00404A109 3,314 102,108 SH   SOLE   0 0 102,108
Alcoa Inc COM 013817101 377 40,675 SH   SOLE   0 0 40,675
Allergan Inc SHS G0177J108 5,626 24,346 SH   SOLE   0 0 24,346
Alphabet Inc Class A CL A 38259P508 7,343 10,437 SH   SOLE   0 0 10,437
Altria Group Inc COM 02209S103 273 3,965 SH   SOLE   0 0 3,965
Ambac Finl Group 23wts W. Exp 4/30/202 023139116 361 48,365 SH   SOLE   0 0 48,365
Ambac Finl Group New COM 023139884 2,732 165,989 SH   SOLE   0 0 165,989
Amicus Therapeutics Inc COM 03152W109 61 11,200 SH   SOLE   0 0 11,200
Apple Inc Com 037833100 611 6,386 SH   SOLE   0 0 6,386
Arcelor Mittal NY New NY Registry SH 03938L104 146 31,291 SH   SOLE   0 0 31,291
Ares Coml Real Estate Com 04013v108 1,005 81,790 SH   SOLE   0 0 81,790
Astoria Financial Corp Com 046265104 230 15,000 SH   SOLE   0 0 15,000
Bank Of America Corp Com 060505104 3,309 249,374 SH   SOLE   0 0 249,374
Berkshire Hathaway Cl B Com 084670702 792 5,470 SH   SOLE   0 0 5,470
Biocryst Pharmaceuticals Com 09058V103 329 115,700 SH   SOLE   0 0 115,700
Boeing Co COM 097023105 5,052 38,900 SH   SOLE   0 0 38,900
Calumet Specialty Prod UT LTD Partner 131476103 190 38,675 SH   SOLE   0 0 38,675
Catalyst Pharma Partners Com 14888U101 73 103,300 SH   SOLE   0 0 103,300
Cerus Corp Com 157085101 118 18,950 SH   SOLE   0 0 18,950
Cisco Systems Inc Com 17275R102 806 28,090 SH   SOLE   0 0 28,090
Citigroup Inc Com 172967954 5,611 132,376 SH   SOLE   0 0 132,376
Cleveland Cliffs Inc Com 18683K101 57 10,052 SH   SOLE   0 0 10,052
Communications Sales COM 20341J104 1,561 54,015 SH   SOLE   0 0 54,015
Compass Diversified Hldg Sh Ben Int 20451Q104 1,141 68,780 SH   SOLE   0 0 68,780
Computer Programs & Sys COM 205306103 459 11,500 SH   SOLE   0 0 11,500
Corning Inc Com 219350105 4,639 226,510 SH   SOLE   0 0 226,510
Delek Logistics Lp Com Unt Rp Int 24664T103 214 8,000 SH   SOLE   0 0 8,000
Disney Walt Hldg Co Com Disney 254687106 298 3,043 SH   SOLE   0 0 3,043
Dyax Corp Cvr Rts Com 26746E103 0 28,950 SH   SOLE   0 0 28,950
Exxon Mobil Corporation Com 30231G102 311 3,315 SH   SOLE   0 0 3,315
Fifth Street Finance Cp Com 31678A103 142 29,365 SH   SOLE   0 0 29,365
Ford Motor Company Com 345370860 178 14,200 SH   SOLE   0 0 14,200
Gaming & Leisure Pptys Com 36467J108 1,075 31,185 SH   SOLE   0 0 31,185
Gencor Industries Inc Com 368678108 290 18,697 SH   SOLE   0 0 18,697
General Electric Company Com 369604103 3,617 114,914 SH   SOLE   0 0 114,914
General Motors Corp Com 37045V100 1,500 53,005 SH   SOLE   0 0 53,005
Genomic Health Com 37244C101 1,054 40,695 SH   SOLE   0 0 40,695
Gilead Sciences Inc Com 375558103 5,635 67,553 SH   SOLE   0 0 67,553
Goldman Sachs Bdc Inc SHS 38147U107 498 24,910 SH   SOLE   0 0 24,910
Goldman Sachs Group Inc Com 38141G104 378 2,544 SH   SOLE   0 0 2,544
Halliburton Co Hldg Co COM 406216101 226 5,000 SH   SOLE   0 0 5,000
Hi-Crush Partners Lp Com Unit Ltd 428337109 436 33,390 SH   SOLE   0 0 33,390
Id Systems Inc COM 449489103 100 20,800 SH   SOLE   0 0 20,800
Imprimis Pharma New COM New 45323A201 117 31,107 SH   SOLE   0 0 31,107
Incyte Corporation COM 45337C102 1,376 17,207 SH   SOLE   0 0 17,207
Intel Corp Com 458140100 712 21,710 SH   SOLE   0 0 21,710
Ishares Core S&P 500 Core S&P500 ETF 464287200 578 2,747 SH   SOLE   0 0 2,747
Ishares Select Dividend Select Divid ETF 464287168 588 6,896 SH   SOLE   0 0 6,896
Ishares Tr Msci Eafe Fd MSCI EAFE ETF 464287465 550 9,845 SH   SOLE   0 0 9,845
Johnson & Johnson Com 478160104 309 2,545 SH   SOLE   0 0 2,545
Landmark Infrastruct Lp Com Unit Ltd 51508J108 560 34,025 SH   SOLE   0 0 34,025
Merck & Co Inc Com 58933Y105 348 6,038 SH   SOLE   0 0 6,038
Microsoft Corp Com 594918104 1,762 34,425 SH   SOLE   0 0 34,425
Milestone Scientific Com New 59935P209 50 17,857 SH   SOLE   0 0 17,857
Navios Maritime Acqstn SHS Y62159101 332 211,340 SH   SOLE   0 0 211,340
Navios Maritime Mid Lp Com Unit LTD Y62134104 569 48,320 SH   SOLE   0 0 48,320
New Media Inv Grp Inc Com 64704V106 5,678 314,212 SH   SOLE   0 0 314,212
New Residential Inv Corp Com 64828T102 7,107 513,494 SH   SOLE   0 0 513,494
New Senior Inv Grp Inc Com 648691103 2,862 267,977 SH   SOLE   0 0 267,977
News Corp New CL A CL A 65249B109 302 26,632 SH   SOLE   0 0 26,632
Nokia Corp Spon Adr Sponsored ADR 654902204 67 11,850 SH   SOLE   0 0 11,850
Northstar Asset Mgmt Grp Com 66705Y104 1,401 137,241 SH   SOLE   0 0 137,241
Northstar Realty Eur Com 66704R100 815 88,055 SH   SOLE   0 0 88,055
Northstar Realty Fin Cp Com 66704R803 4,808 420,668 SH   SOLE   0 0 420,668
Outfront Media Inc Com 69007J106 758 31,366 SH   SOLE   0 0 31,366
Pennantpark Cap Ltd Com 70806A106 472 38,040 SH   SOLE   0 0 38,040
Pennantpark Invt Corp Com 708062104 473 69,230 SH   SOLE   0 0 69,230
Peregrine Pharma Inc Com New 713661304 5 15,000 SH   SOLE   0 0 15,000
Pfizer Incorporated Com 717081103 1,232 34,984 SH   SOLE   0 0 34,984
Philip Morris Intl Inc COM 718172109 462 4,546 SH   SOLE   0 0 4,546
Pimco Dynamic Cdt Inc Fd Com SHS 72202D106 206 10,750 SH   SOLE   0 0 10,750
Pimco Total Return ETF TTL RTN ACTV ETF 72201R775 993 9,245 SH   SOLE   0 0 9,245
Pitney Bowes Inc Com 724479100 3,865 217,160 SH   SOLE   0 0 217,160
Potash Corp Sask Inc Com 73755L107 736 45,310 SH   SOLE   0 0 45,310
PowerShares QQQ Tr Unit Ser 1 73935A104 124 1,152 SH   SOLE   0 0 1,152
Real Industry Inc Com 75601W104 140 17,980 SH   SOLE   0 0 17,980
Royal Dutch Shell B Adrf Sponsored ADR B 780259104 1,457 26,022 SH   SOLE   0 0 26,022
Schw US LCap Etf US LRG CAP ETF 808524201 5,050 101,474 SH   SOLE   0 0 101,474
Seattle Genetics Inc Com 812578102 2,316 57,305 SH   SOLE   0 0 57,305
Sector Spdr Consumer Fd SBI CINS Discr 81369Y407 278 3,557 SH   SOLE   0 0 3,557
Sector Spdr Engy Select SBI INT-ENERGY 81369Y506 313 4,580 SH   SOLE   0 0 4,580
Sector Spdr Fincl Select SBI INT-Finl 81369Y605 648 28,337 SH   SOLE   0 0 28,337
Sector Spdr Health Fund SBI Healthcare 81369Y209 800 11,159 SH   SOLE   0 0 11,159
Sector Spdr Tech Select Technology 81369Y803 5,829 134,408 SH   SOLE   0 0 134,408
Service Corp Intl Com 817565104 215 7,942 SH   SOLE   0 0 7,942
Solar Capital Ltd Com 83413U100 422 22,160 SH   SOLE   0 0 22,160
Solar Senior Capital Com 83416M105 427 26,490 SH   SOLE   0 0 26,490
Spdr S&P 500 TR Unit 78462F103 697 3,327 SH   SOLE   0 0 3,327
Spdr S&P 600 Small Cap S&P 600 SML Cap 78464A813 214 2,048 SH   SOLE   0 0 2,048
Spdr S&P Regional Bking S&P REGL BKG 78464A698 233 6,063 SH   SOLE   0 0 6,063
Starwood Ppty TRUST Inc Com 85571B105 8,592 414,666 SH   SOLE   0 0 414,666
Suburban Propane Prt L P Unit LTD PARTN 864482104 751 22,485 SH   SOLE   0 0 22,485
Teekay Corp Com Y8564W103 145 20,300 SH   SOLE   0 0 20,300
Teekay Lng Partners LPF Partnership Units Y8564M105 2,622 233,066 SH   SOLE   0 0 233,066
Teekay Offshore Partners Partnership Un Y8565J101 2,857 480,248 SH   SOLE   0 0 480,248
Teekay Tankers Ltd Cl Af CL A Y8565N102 3,609 1,211,035 SH   SOLE   0 0 1,211,035
Time Warner Incorporated COM NEW 887317303 294 3,996 SH   SOLE   0 0 3,996
Tronox Ltd Class A SHS CL A Q9235V102 4,690 1,063,574 SH   SOLE   0 0 1,063,574
Two Harbors Investment Com 90187B101 1,371 160,135 SH   SOLE   0 0 160,135
Visa Inc Cl A COM CL A 92826C839 1,808 24,375 SH   SOLE   0 0 24,375
Wells Fargo & Co New Com 949746101 259 5,478 SH   SOLE   0 0 5,478
Western Digital Corp COM 958102105 687 14,545 SH   SOLE   0 0 14,545
Windstream Hldgs Inc COM New 97382A200 1,263 136,200 SH   SOLE   0 0 136,200