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
1 800 FLOWERS COM COM 68243Q106 418 39,983 SH   SOLE   38,757 0 1,226
3M CO COM 88579Y101 1,835 11,892 SH   SOLE   4,752 0 7,140
ABBOTT LABS COM 002824100 855 17,424 SH   SOLE   548 0 16,876
ABBVIE INC COM 00287Y109 2,913 43,353 SH   SOLE   25,569 0 17,784
ABIOMED INC COM 003654100 2,143 32,602 SH   SOLE   32,426 0 176
ACADIA RLTY TR COM 004239109 9,657 281,115 SH   SOLE   281,115 0 0
ACCENTURE PLC IRELAND COM G1151C101 512 5,293 SH   SOLE   2,481 0 2,812
ADOBE SYS INC COM 00724F101 883 10,894 SH   SOLE   0 0 10,894
AETNA INC NEW COM 00817Y108 292 2,289 SH   SOLE   0 0 2,289
AFLAC INC COM 001055102 811 13,039 SH   SOLE   0 0 13,039
AGREE REALTY CORP COM 008492100 11,588 338,022 SH   SOLE   338,022 0 0
AIRCASTLE LTD COM G0129K104 588 25,952 SH   SOLE   22,939 0 3,013
AKORN INC COM 009728106 1,567 35,887 SH   SOLE   35,783 0 104
ALASKA AIR GROUP INC COM 011659109 1,017 15,782 SH   SOLE   14,908 0 874
ALEXANDERS INC COM 014752109 1,228 2,994 SH   SOLE   2,972 0 22
ALLERGAN PLC COM G0177J108 5,456 17,979 SH   SOLE   15,338 0 2,641
ALLIANCEBERNSTEIN INCOME FU COM 01881E101 80 10,720 SH   SOLE   0 0 10,720
ALLIED WRLD ASSUR COM HLDG COM H01531104 4,075 94,291 SH   SOLE   85,038 0 9,253
ALLSTATE CORP COM 020002101 245 3,777 SH   SOLE   0 0 3,777
ALTRIA GROUP INC COM 02209S103 1,287 26,313 SH   SOLE   7,548 0 18,765
AMAZON COM INC COM 023135106 2,838 6,538 SH   SOLE   0 0 6,538
AMBARELLA INC COM G037AX101 1,884 18,342 SH   SOLE   17,657 0 685
AMDOCS LTD COM G02602103 289 5,285 SH   SOLE   0 0 5,285
AMERCO COM 023586100 1,014 3,102 SH   SOLE   3,045 0 57
AMERICAN AIRLS GROUP INC COM 02376R102 2,515 62,978 SH   SOLE   56,530 0 6,448
AMERICAN ELEC PWR INC COM 025537101 463 8,750 SH   SOLE   0 0 8,750
AMERICAN EQTY INVT LIFE HLD COM 025676206 1,034 38,339 SH   SOLE   37,949 0 390
AMERICAN EXPRESS CO COM 025816109 779 10,027 SH   SOLE   0 0 10,027
AMERICAN INTL GROUP INC COM 026874784 461 7,454 SH   SOLE   0 0 7,454
AMERICAN TOWER CORP NEW COM 03027X100 468 5,020 SH   SOLE   1,259 0 3,761
AMERIPRISE FINL INC COM 03076C106 5,615 44,947 SH   SOLE   41,243 0 3,704
AMGEN INC COM 031162100 1,405 9,150 SH   SOLE   3,682 0 5,468
ANTHEM INC COM 036752103 1,560 9,502 SH   SOLE   5,259 0 4,243
AON PLC COM G0408V102 567 5,684 SH   SOLE   0 0 5,684
APARTMENT INVT & MGMT CO COM 03748R101 1,220 33,049 SH   SOLE   32,989 0 60
APPLE INC COM 037833100 23,199 184,967 SH   SOLE   86,586 0 98,381
APPLIED MATLS INC COM 038222105 438 22,805 SH   SOLE   21,678 0 1,127
ARES CAP CORP COM 04010L103 250 15,198 SH   SOLE   0 0 15,198
ARGO GROUP INTL HLDGS LTD COM G0464B107 622 11,172 SH   SOLE   11,060 0 112
ARRIS GROUP INC NEW COM 04270V106 1,056 34,501 SH   SOLE   33,325 0 1,176
ARROW ELECTRS INC COM 042735100 1,200 21,511 SH   SOLE   17,635 0 3,876
ASBURY AUTOMOTIVE GROUP INC COM 043436104 1,356 14,966 SH   SOLE   14,924 0 42
ASSOCIATED ESTATES RLTY COR COM 045604105 619 21,614 SH   SOLE   21,216 0 398
ASSURANT INC COM 04621X108 316 4,713 SH   SOLE   0 0 4,713
ASSURED GUARANTY LTD COM G0585R106 224 9,318 SH   SOLE   0 0 9,318
AT&T INC COM 00206R102 890 25,069 SH   SOLE   0 0 25,069
AUTOZONE INC COM 053332102 294 441 SH   SOLE   197 0 244
AVAGO TECHNOLOGIES LTD COM Y0486S104 1,808 13,602 SH   SOLE   11,473 0 2,129
AVALONBAY CMNTYS INC COM 053484101 2,217 13,870 SH   SOLE   13,720 0 150
AVIS BUDGET GROUP COM 053774105 898 20,365 SH   SOLE   17,930 0 2,435
BAKER HUGHES INC COM 057224107 1,057 17,129 SH   SOLE   16,187 0 942
BANK AMER CORP COM 060505104 996 58,511 SH   SOLE   0 0 58,511
BANK NEW YORK MELLON CORP COM 064058100 524 12,481 SH   SOLE   0 0 12,481
BB&T CORP COM 054937107 216 5,359 SH   SOLE   0 0 5,359
BECTON DICKINSON & CO COM 075887109 262 1,851 SH   SOLE   375 0 1,476
BERKLEY W R CORP COM 084423102 288 5,551 SH   SOLE   0 0 5,551
BERKSHIRE HATHAWAY INC DEL COM 084670702 1,261 9,262 SH   SOLE   0 0 9,262
BIOGEN INC COM 09062X103 1,189 2,943 SH   SOLE   2,110 0 833
BIOMARIN PHARMACEUTICAL INC COM 09061G101 285 2,082 SH   SOLE   0 0 2,082
BIOMED REALTY TRUST INC COM 09063H107 83,396 1,612,879 SH   SOLE   1,612,879 0 0
BLACKROCK INC COM 09247X101 234 675 SH   SOLE   76 0 599
BOEING CO COM 097023105 2,087 15,043 SH   SOLE   10,953 0 4,090
BOOZ ALLEN HAMILTON HLDG CO COM 099502106 415 16,435 SH   SOLE   12,866 0 3,569
BOSTON PROPERTIES INC COM 101121101 216 1,784 SH   SOLE   1,632 0 152
BOSTON SCIENTIFIC CORP COM 101137107 209 11,808 SH   SOLE   0 0 11,808
BRANDYWINE RLTY TR COM 105368203 69 5,172 SH   SOLE   4,915 0 257
BRISTOL MYERS SQUIBB CO COM 110122108 658 9,886 SH   SOLE   0 0 9,886
BROADRIDGE FINL SOLUTIONS I COM 11133T103 226 4,519 SH   SOLE   987 0 3,532
BUILD A BEAR WORKSHOP COM 120076104 59,168 946,096 SH   SOLE   946,096 0 0
BUNGE LIMITED COM G16962105 680 7,740 SH   SOLE   6,298 0 1,442
BURLINGTON STORES INC COM 122017106 2,078 40,595 SH   SOLE   40,591 0 4
CACI INTL INC COM 127190304 369 4,565 SH   SOLE   4,293 0 272
CAL MAINE FOODS INC COM 128030202 983 18,831 SH   SOLE   17,758 0 1,073
CAMDEN PPTY TR COM 133131102 476 6,408 SH   SOLE   6,208 0 200
CAPITAL ONE FINL CORP COM 14040H105 563 6,403 SH   SOLE   0 0 6,403
CARRIZO OIL & GAS INC COM 144577103 228 4,632 SH   SOLE   4,344 0 288
CBL & ASSOC PPTYS INC COM 124830100 228 14,094 SH   SOLE   11,940 0 2,154
CELGENE CORP COM 151020104 7,360 63,591 SH   SOLE   27,194 0 36,397
CF INDS HLDGS INC COM 125269100 208 3,241 SH   SOLE   0 0 3,241
CHARLES & COLVARD LTD COM 159765106 60 40,000 SH   SOLE   0 0 40,000
CHEMED CORP NEW COM 16359R103 967 7,379 SH   SOLE   7,375 0 4
CHESAPEAKE LODGING TR COM 165240102 1,357 44,536 SH   SOLE   43,994 0 542
CHEVRON CORP NEW COM 166764100 976 10,116 SH   SOLE   0 0 10,116
CHIMERA INVT CORP COM 16934Q208 225 16,397 SH   SOLE   0 0 16,397
CIGNA CORPORATION COM 125509109 2,387 14,732 SH   SOLE   13,167 0 1,565
CIMPRESS N V COM N20146101 1,853 22,018 SH   SOLE   21,849 0 169
CINEMARK HOLDINGS INC COM 17243V102 360 8,960 SH   SOLE   8,730 0 230
CISCO SYS INC COM 17275R102 1,301 47,363 SH   SOLE   0 0 47,363
CITIGROUP INC COM 172967424 1,017 18,415 SH   SOLE   0 0 18,415
CITIZENS FINL GROUP INC COM 174610105 227 8,302 SH   SOLE   0 0 8,302
CME GROUP INC COM 12572Q105 375 4,027 SH   SOLE   0 0 4,027
COCA COLA CO COM 191216100 2,080 53,023 SH   SOLE   30,562 0 22,461
COCA COLA ENTERPRISES INC N COM 19122T109 1,566 36,048 SH   SOLE   34,332 0 1,716
COGNIZANT TECHNOLOGY SOLUTI COM 192446102 387 6,328 SH   SOLE   0 0 6,328
COLGATE PALMOLIVE CO COM 194162103 342 5,223 SH   SOLE   0 0 5,223
COMCAST CORP NEW COM 20030N101 1,010 16,799 SH   SOLE   395 0 16,404
CONOCOPHILLIPS COM 20825C104 656 10,675 SH   SOLE   0 0 10,675
CONSOLIDATED EDISON INC COM 209115104 204 3,532 SH   SOLE   0 0 3,532
CONSTELLATION BRANDS INC COM 21036P108 3,141 27,070 SH   SOLE   25,068 0 2,002
CORE MARK HOLDING CO INC COM 218681104 573 9,665 SH   SOLE   9,140 0 525
CORESITE REALTY REIT COM 21870Q105 47,722 2,168,488 SH   SOLE   2,168,488 0 0
COSTCO WHSL CORP NEW COM 22160K105 354 2,622 SH   SOLE   0 0 2,622
COUSINS PPTYS INC COM 222795106 605 58,327 SH   SOLE   57,676 0 651
CRACKER BARREL OLD CTRY STO COM 22410J106 2,573 17,251 SH   SOLE   16,739 0 512
CREDIT SUISSE NASSAU BRH ETN 22542D589 65 20,000 SH   SOLE   0 0 20,000
CUMMINS INC COM 231021106 616 4,692 SH   SOLE   3,251 0 1,441
CVS HEALTH CORP COM 126650100 2,857 27,236 SH   SOLE   10,581 0 16,655
DANAHER CORP DEL COM 235851102 308 3,595 SH   SOLE   0 0 3,595
DDR CORP COM 23317H102 89 5,757 SH   SOLE   4,985 0 772
DELPHI AUTOMOTIVE PLC COM G27823106 787 9,248 SH   SOLE   6,937 0 2,311
DELTA AIR LINES INC DEL COM 247361702 586 14,255 SH   SOLE   2,008 0 12,247
DEPOMED INC COM 249908104 1,183 55,140 SH   SOLE   55,046 0 94
DEVON ENERGY CORP NEW COM 25179M103 211 3,544 SH   SOLE   0 0 3,544
DIAMONDBACK ENERGY INC COM 25278X109 1,302 17,271 SH   SOLE   17,136 0 135
DIAMONDROCK HOSPITALITY CO COM 252784301 299 23,374 SH   SOLE   23,027 0 347
DIGITAL RLTY TR INC COM 253868103 296 4,442 SH   SOLE   4,384 0 58
DILLARDS INC COM 254067101 405 3,852 SH   SOLE   3,032 0 820
DIRECTV COM 25490A309 862 9,292 SH   SOLE   6,876 0 2,416
DISCOVER FINL SVCS COM 254709108 204 3,534 SH   SOLE   0 0 3,534
DISNEY WALT CO COM 254687106 3,183 27,888 SH   SOLE   13,007 0 14,881
DOLLAR GEN CORP NEW COM 256677105 1,312 16,883 SH   SOLE   16,044 0 839
DOT HILL SYS CORP COM 25848T109 16,118 98,642 SH   SOLE   98,642 0 0
DOW CHEM CO COM 260543103 359 7,018 SH   SOLE   0 0 7,018
DR PEPPER SNAPPLE GROUP INC COM 26138E109 259 3,555 SH   SOLE   0 0 3,555
DST SYS INC DEL COM 233326107 1,702 13,514 SH   SOLE   11,521 0 1,993
DU PONT E I DE NEMOURS & CO COM 263534109 256 3,996 SH   SOLE   579 0 3,417
DUKE ENERGY CORP NEW COM 26441C204 280 3,968 SH   SOLE   0 0 3,968
DUN & BRADSTREET CORP DEL N COM 26483E100 681 5,579 SH   SOLE   5,492 0 87
DUPONT FABROS TECHNOLOGY IN COM 26613Q106 815 27,682 SH   SOLE   27,509 0 173
E M C CORP MASS COM 268648102 666 25,223 SH   SOLE   3,722 0 21,501
EBAY INC COM 278642103 393 6,521 SH   SOLE   2,537 0 3,984
ECOLAB INC COM 278865100 220 1,943 SH   SOLE   0 0 1,943
ELECTRONIC ARTS INC COM 285512109 2,207 33,181 SH   SOLE   29,732 0 3,449
EMPIRE ST RLTY TR INC COM 292104106 203 11,918 SH   SOLE   11,499 0 419
ENDURANCE SPECIALTY HLDGS L COM G30397106 264 4,012 SH   SOLE   928 0 3,084
EOG RES INC COM 26875P101 1,257 14,363 SH   SOLE   11,898 0 2,465
EPAM SYS INC COM 29414B104 10,962 780,823 SH   SOLE   780,823 0 0
EPLUS INC COM 294268107 310 4,050 SH   SOLE   3,643 0 407
EQUITY RESIDENTIAL COM 29476L107 1,514 21,573 SH   SOLE   21,492 0 81
ESSEX PPTY TR INC COM 297178105 365 1,717 SH   SOLE   1,564 0 153
EVEREST RE GROUP LTD COM G3223R108 928 5,100 SH   SOLE   0 0 5,100
EXPEDIA INC DEL COM 30212P303 809 7,402 SH   SOLE   6,673 0 729
EXPRESS SCRIPTS HLDG CO COM 30219G108 1,357 15,261 SH   SOLE   10,163 0 5,098
EXTRA SPACE STORAGE INC COM 30225T102 259 3,972 SH   SOLE   3,814 0 158
EXXON MOBIL CORP COM 30231G102 2,299 27,629 SH   SOLE   0 0 27,629
FACEBOOK INC COM 30303M102 2,596 30,272 SH   SOLE   21,686 0 8,586
FEDERAL REALTY INVT TR COM 313747206 219 1,707 SH   SOLE   1,579 0 128
FEDERATED NATL HLDG CO COM 31422T101 735 30,379 SH   SOLE   29,376 0 1,003
FEDEX CORP COM 31428X106 373 2,191 SH   SOLE   0 0 2,191
FELCOR LODGING TR INC COM 31430F101 97 9,856 SH   SOLE   9,851 0 5
FOOT LOCKER INC COM 344849104 362 5,395 SH   SOLE   0 0 5,395
FORD MTR CO DEL COM 345370860 380 25,346 SH   SOLE   0 0 25,346
GENERAL DYNAMICS CORP COM 369550108 342 2,414 SH   SOLE   0 0 2,414
GENERAL ELECTRIC CO COM 369604103 1,742 65,565 SH   SOLE   0 0 65,565
GENERAL MLS INC COM 370334104 602 10,797 SH   SOLE   0 0 10,797
GETTY RLTY CORP NEW COM 374297109 13,809 225,915 SH   SOLE   225,915 0 0
GILEAD SCIENCES INC COM 375558103 7,104 60,679 SH   SOLE   46,684 0 13,995
GLOBANT S A COM L44385109 752 24,717 SH   SOLE   24,304 0 413
GOLDMAN SACHS GROUP INC COM 38141G104 935 4,481 SH   SOLE   0 0 4,481
GOLUB CAP BDC INC COM 38173M102 450 27,152 SH   SOLE   0 0 27,152
GOODYEAR TIRE & RUBR CO COM 382550101 1,736 57,579 SH   SOLE   50,929 0 6,650
GOOGLE INC COM 38259P706 3,250 6,244 SH   SOLE   3,997 0 2,247
GOOGLE INC COM 38259P508 1,265 2,342 SH   SOLE   0 0 2,342
GRACE W R & CO DEL NEW COM 38388F108 427 4,260 SH   SOLE   0 0 4,260
GRAMERCY PPTY TR INC COM 38489R605 459 19,660 SH   SOLE   16,657 0 3,003
GREAT PLAINS ENERGY INC COM 391164100 257 10,631 SH   SOLE   0 0 10,631
GREEN PLAINS INC COM 393222104 443 16,092 SH   SOLE   15,986 0 106
GREENBRIER COS INC COM 393657101 203 4,324 SH   SOLE   4,311 0 13
GREENLIGHT CAPITAL RE LTD COM G4095J109 79,152 2,308,864 SH   SOLE   2,308,864 0 0
GROUP 1 AUTOMOTIVE INC COM 398905109 5,740 521,364 SH   SOLE   521,364 0 0
HANDY & HARMAN LTD COM 410315105 198 5,704 SH   SOLE   5,222 0 482
HANESBRANDS INC COM 410345102 1,990 59,728 SH   SOLE   49,200 0 10,528
HANOVER INS GROUP INC COM 410867105 222 2,997 SH   SOLE   1,761 0 1,236
HARRIS CORP DEL COM 413875105 1,210 15,728 SH   SOLE   14,076 0 1,652
HARTFORD FINL SVCS GROUP IN COM 416515104 497 11,945 SH   SOLE   0 0 11,945
HAWAIIAN HOLDINGS INC COM 419879101 353 14,847 SH   SOLE   13,000 0 1,847
HCA HOLDINGS INC COM 40412C101 708 7,806 SH   SOLE   5,118 0 2,688
HCI GROUP INC COM 40416E103 378 8,557 SH   SOLE   8,170 0 387
HDFC BANK LTD COM 40415F101 322 5,320 SH   SOLE   0 0 5,320
HEALTHCARE TR AMER INC COM 42225P501 418 17,455 SH   SOLE   17,027 0 428
HEWLETT PACKARD CO COM 428236103 336 11,208 SH   SOLE   0 0 11,208
HOME DEPOT INC COM 437076102 5,157 46,408 SH   SOLE   30,679 0 15,729
HONEYWELL INTL INC COM 438516106 453 4,445 SH   SOLE   491 0 3,954
HSN INC COM 404303109 296 4,217 SH   SOLE   0 0 4,217
HUNTINGTON INGALLS INDS INC COM 446413106 4,239 37,648 SH   SOLE   35,084 0 2,564
ICONIX BRAND GROUP INC COM 451055107 236 9,444 SH   SOLE   9,401 0 43
IDEXX LABS INC COM 45168D104 590 9,200 SH   SOLE   0 0 9,200
IHS INC COM 451734107 238 1,848 SH   SOLE   0 0 1,848
ILLUMINA INC COM 452327109 1,572 7,200 SH   SOLE   5,522 0 1,678
IMMUNOCELLULAR THERAPEUTICS COM 452536105 6 13,000 SH   SOLE   0 0 13,000
INTEL CORP COM 458140100 1,782 58,584 SH   SOLE   24,881 0 33,703
INTELIQUENT INC COM 45825N107 133 7,233 SH   SOLE   6,679 0 554
INTERNATIONAL BUSINESS MACH COM 459200101 2,459 15,118 SH   SOLE   1,940 0 13,178
INTL PAPER CO COM 460146103 453 9,525 SH   SOLE   5,915 0 3,610
INTUIT COM 461202103 233 2,310 SH   SOLE   0 0 2,310
INTUITIVE SURGICAL INC COM 46120E602 661 1,364 SH   SOLE   0 0 1,364
IShares 1-3 Year Intl Treasury Bond ETF 464288125 6,244 78,295 SH   SOLE   0 0 78,295
ISHARES EAFE SML CP ETF 464288273 572 11,210 SH   SOLE   0 0 11,210
ISHARES EAFE VALUE ETF 464288877 1,207 23,071 SH   SOLE   0 0 23,071
ISHARES GOLD TRUST ETF 464285105 20,159 1,777,715 SH   SOLE   0 0 1,777,715
ISHARES MSCI ACWI US ETF 464288240 252 5,713 SH   SOLE   0 0 5,713
ISHARES S&P 500 INDEX ETF 464287200 2,929 14,135 SH   SOLE   0 0 14,135
ISHARES S&P GSCI COMMODITY ETF 46428R107 624 29,554 SH   SOLE   0 0 29,554
ISHARES TR 1-3 YR TR BD ETF 464287457 20,613 242,906 SH   SOLE   0 0 242,906
ISHARES TR CORE S&P SCP ETF 464287804 708 6,009 SH   SOLE   0 0 6,009
ISHARES TR CORE US GRW ETF 464287671 1,446 17,784 SH   SOLE   0 0 17,784
ISHARES TR MSCI EAFE ETF 464287465 1,143 18,002 SH   SOLE   0 0 18,002
ISHARES TR MSCI EMG MKT ETF 464287234 3,949 99,665 SH   SOLE   0 0 99,665
ISHARES TR RUS 1000 GRW ETF 464287614 351 3,541 SH   SOLE   0 0 3,541
ISHARES TR RUS 1000 VAL ETF 464287598 1,350 13,089 SH   SOLE   0 0 13,089
ISHARES TR RUS 2000 VAL ETF 464287630 438 4,296 SH   SOLE   0 0 4,296
ISHARES TR RUSSELL 2000 ETF 464287655 402 3,220 SH   SOLE   0 0 3,220
ISHARES TR S&P 500 VAL ETF 464287408 810 8,779 SH   SOLE   0 0 8,779
ISHARES TR SELECT DIVID ETF 464287168 395 5,257 SH   SOLE   0 0 5,257
ISHARES TR SP SMCP600VL ETF 464287879 1,735 14,732 SH   SOLE   0 0 14,732
J2 GLOBAL INC COM 48123V102 613 9,027 SH   SOLE   8,975 0 52
JACK IN THE BOX INC COM 466367109 1,002 11,361 SH   SOLE   7,429 0 3,932
JARDEN CORP COM 471109108 326 6,300 SH   SOLE   2,161 0 4,139
JAZZ PHARMACEUTICALS PLC COM G50871105 1,034 5,875 SH   SOLE   5,852 0 23
JOHNSON & JOHNSON COM 478160104 3,379 34,669 SH   SOLE   13,375 0 21,294
JPMORGAN CHASE & CO COM 46625H100 2,126 31,372 SH   SOLE   0 0 31,372
KIMBERLY CLARK CORP COM 494368103 326 3,075 SH   SOLE   209 0 2,866
KIMCO RLTY CORP COM 49446R109 639 28,346 SH   SOLE   28,267 0 79
KINDER MORGAN INC DEL COM 49456B101 890 23,190 SH   SOLE   0 0 23,190
KRAFT FOODS GROUP INC COM 50076Q106 624 7,328 SH   SOLE   1,138 0 6,190
KROGER CO COM 501044101 6,008 82,864 SH   SOLE   69,240 0 13,624
L-3 COMMUNICATIONS HLDGS IN COM 502424104 208 1,832 SH   SOLE   0 0 1,832
LANNET INC COM 516012101 11,146 662,518 SH   SOLE   662,518 0 0
LASALLE HOTEL PPTYS COM 517942108 226 6,369 SH   SOLE   6,189 0 180
LEAR CORP COM 521865204 6,249 55,662 SH   SOLE   52,249 0 3,413
LENDINGTREE INC COM 52603B107 40,140 3,155,405 SH   SOLE   3,155,405 0 0
LENNAR CORP COM 526057104 237 4,649 SH   SOLE   0 0 4,649
LILLY ELI & CO COM 532457108 738 8,845 SH   SOLE   0 0 8,845
LINCOLN NATL CORP IND COM 534187109 807 13,632 SH   SOLE   0 0 13,632
LINKEDIN CORP COM 53578A108 229 1,109 SH   SOLE   0 0 1,109
LIONS GATE ENTMNT CORP COM 535919203 665 17,942 SH   SOLE   17,844 0 98
LITHIA MTRS INC COM 536797103 1,528 13,499 SH   SOLE   13,459 0 40
LKQ CORP COM 501889208 642 21,217 SH   SOLE   17,220 0 3,997
LOCKHEED MARTIN CORP COM 539830109 5,656 30,423 SH   SOLE   27,853 0 2,570
LOWES COS INC COM 548661107 2,026 30,249 SH   SOLE   15,930 0 14,319
LTC PROP INC COM 502175102 17,489 727,542 SH   SOLE   727,542 0 0
LYONDELLBASELL INDUSTRIES N COM N53745100 3,433 33,165 SH   SOLE   28,583 0 4,582
MACK CALI RLTY CORP COM 554489104 177 9,587 SH   SOLE   9,404 0 183
MACYS INC COM 55616P104 679 10,069 SH   SOLE   6,271 0 3,798
MAGELLAN MIDSTREAM PRTNRS L COM 559080106 304 4,149 SH   SOLE   0 0 4,149
MALLINCKRODT PUB LTD CO COM G5785G107 1,434 12,185 SH   SOLE   10,877 0 1,308
MANHATTAN ASSOCS INC COM 562750109 1,600 26,819 SH   SOLE   26,783 0 36
MARATHON PETE CORP COM 56585A102 454 8,683 SH   SOLE   0 0 8,683
MARCUS & MILLICHAP INC COM 566324109 104,506 4,821,766 SH   SOLE   4,821,630 0 136
MARRIOTT INTL INC NEW COM 571903202 2,236 30,057 SH   SOLE   28,634 0 1,423
MARTHA STEWART LIVING OMNIM COM 573083102 127 20,340 SH   SOLE   20,000 0 340
MASTERCARD INC COM 57636Q104 3,618 38,703 SH   SOLE   33,957 0 4,746
MATTERSIGHT CORP COM 577097108 98 16,694 SH   SOLE   0 0 16,694
MCDONALDS CORP COM 580135101 589 6,191 SH   SOLE   801 0 5,390
MCKESSON CORP COM 58155Q103 3,825 17,016 SH   SOLE   15,629 0 1,387
MEDTRONIC PLC COM G5960L103 1,839 24,812 SH   SOLE   10,612 0 14,200
MERCK & CO INC NEW COM 58933Y105 808 14,190 SH   SOLE   0 0 14,190
METLIFE INC COM 59156R108 422 7,532 SH   SOLE   0 0 7,532
MFA FINL INC COM 55272X102 99 13,455 SH   SOLE   0 0 13,455
MICROCHIP TECHNOLOGY INC COM 595017104 578 12,185 SH   SOLE   0 0 12,185
MICRON TECHNOLOGY INC COM 595112103 1,276 67,713 SH   SOLE   60,900 0 6,813
MICROSOFT CORP COM 594918104 6,536 148,041 SH   SOLE   100,688 0 47,353
MONDELEZ INTL INC COM 609207105 376 9,146 SH   SOLE   0 0 9,146
MONSANTO CO NEW COM 61166W101 525 4,928 SH   SOLE   587 0 4,341
MONSTER BEVERAGE CORP NEW COM 61174X109 1,960 14,627 SH   SOLE   13,656 0 971
MORGAN STANLEY COM 617446448 428 11,045 SH   SOLE   0 0 11,045
MYLAN N V COM N59465109 480 7,067 SH   SOLE   5,163 0 1,904
NASDAQ OMX GROUP INC COM 631103108 660 13,522 SH   SOLE   9,402 0 4,120
NATIONAL HEALTH INVS INC COM 63633D104 1,154 18,520 SH   SOLE   18,158 0 362
NETFLIX INC COM 64110L106 236 360 SH   SOLE   0 0 360
NEWMARKET CORP COM 651587107 293 659 SH   SOLE   0 0 659
NEWS CORP NEW COM 65249B109 257 17,608 SH   SOLE   10,508 0 7,100
NEXSTAR BROADCASTING GROUP COM 65336K103 679 12,130 SH   SOLE   12,080 0 50
NEXTERA ENERGY INC COM 65339F101 474 4,836 SH   SOLE   0 0 4,836
NIKE INC COM 654106103 766 7,095 SH   SOLE   967 0 6,128
NORTHERN DYNASTY MINERALS L COM 66510M204 10 29,695 SH   SOLE   0 0 29,695
NORTHERN TR CORP COM 665859104 257 3,365 SH   SOLE   0 0 3,365
NORTHROP GRUMMAN CORP COM 666807102 696 4,388 SH   SOLE   0 0 4,388
NUTRI SYS INC NEW COM 67069D108 678 27,236 SH   SOLE   26,823 0 413
O REILLY AUTOMOTIVE INC NEW COM 67103H107 481 2,128 SH   SOLE   1,636 0 492
OLIN CORP COM 680665205 267 9,920 SH   SOLE   9,574 0 346
OMEGA HEALTHCARE INVS INC COM 681936100 369 10,739 SH   SOLE   10,638 0 101
OMEGA PROTEIN CORP COM 68210P107 12,223 168,066 SH   SOLE   168,066 0 0
ONCOTHYREON INC COM 682324108 37 10,000 SH   SOLE   0 0 10,000
ORACLE CORP COM 68389X105 2,540 63,025 SH   SOLE   42,407 0 20,618
ORBITAL ATK INC COM 68557N103 329 4,491 SH   SOLE   0 0 4,491
OSI SYSTEMS INC COM 671044105 3,467 245,429 SH   SOLE   245,429 0 0
P A M TRANSN SVCS INC COM 693149106 295 5,086 SH   SOLE   4,500 0 586
PARKWAY PROP INC COM 70159Q104 15,669 273,267 SH   SOLE   273,267 0 0
PARTNERRE LTD COM G6852T105 339 2,642 SH   SOLE   0 0 2,642
PATRICK INDS INC COM 703343103 281 7,380 SH   SOLE   6,496 0 884
PAYCHEX INC COM 704326107 476 10,149 SH   SOLE   0 0 10,149
PDL BIOPHARMA INC COM 69329Y104 228 35,506 SH   SOLE   29,730 0 5,776
PEBBLEBROOK HOTEL TR COM 70509V100 7,719 330,991 SH   SOLE   330,991 0 0
PENNEY J C INC COM 708160106 143 16,835 SH   SOLE   0 0 16,835
PENNS REAL EST INV COM 709102107 90,473 1,930,694 SH   SOLE   1,930,694 0 0
PEPSICO INC COM 713448108 3,028 32,438 SH   SOLE   12,730 0 19,708
PFIZER INC COM 717081103 1,980 59,039 SH   SOLE   0 0 59,039
PHILIP MORRIS INTL INC COM 718172109 780 9,731 SH   SOLE   0 0 9,731
PHILLIPS 66 COM 718546104 596 7,395 SH   SOLE   0 0 7,395
PHYSICIANS REALTY TR COM 71943U104 83,961 1,289,641 SH   SOLE   1,289,641 0 0
PIEDMONT NAT GAS INC COM 720186105 239 6,779 SH   SOLE   0 0 6,779
PIEDMONT OFFICE REALTY TR I COM 720190206 249 14,157 SH   SOLE   13,433 0 724
PILGRIMS PRIDE CORP NEW COM 72147K108 2,245 97,743 SH   SOLE   94,751 0 2,992
PLAINS ALL AMERN PIPELINE L COM 726503105 208 4,773 SH   SOLE   0 0 4,773
PNC FINL SVCS GROUP INC COM 693475105 344 3,600 SH   SOLE   0 0 3,600
POLARIS INDS INC COM 731068102 221 1,494 SH   SOLE   1,071 0 423
POST PROP INC COM 737464107 30,404 1,653,065 SH   SOLE   1,653,065 0 0
POWERSHS DB MULTI SECT OIL FUND ETF 73936B507 263 17,990 SH   SOLE   0 0 17,990
PPG INDS INC COM 693506107 697 6,076 SH   SOLE   4,624 0 1,452
PRICE T ROWE GROUP INC COM 74144T108 453 5,832 SH   SOLE   0 0 5,832
PRICELINE GRP INC COM 741503403 1,724 1,497 SH   SOLE   1,030 0 467
PROCTER & GAMBLE CO COM 742718109 1,227 15,678 SH   SOLE   0 0 15,678
PROLOGIS INC COM 74340W103 502 13,521 SH   SOLE   12,521 0 1,000
PRUDENTIAL FINL INC COM 744320102 1,449 16,555 SH   SOLE   11,060 0 5,495
PUBLIC STORAGE COM 74460D109 414 2,248 SH   SOLE   1,021 0 1,227
QORVO INC COM 74736K101 2,130 26,541 SH   SOLE   25,535 0 1,006
QTS REALTY TRUST COM 74736A103 49,953 1,820,787 SH   SOLE   1,820,787 0 0
QUALCOMM INC COM 747525103 1,767 28,212 SH   SOLE   22,074 0 6,138
REGENERON PHARMACEUTICALS COM 75886F107 360 705 SH   SOLE   0 0 705
REINSURANCE GROUP AMER INC COM 759351604 1,146 12,077 SH   SOLE   8,347 0 3,730
RETAIL PPTYS AMER INC COM 76131V202 519 37,239 SH   SOLE   36,861 0 378
REX AMERICAN RESOURCES CORP COM 761624105 523 8,223 SH   SOLE   8,069 0 154
REYNOLDS AMERICAN INC COM 761713106 1,106 14,820 SH   SOLE   10,507 0 4,313
RLJ LODGING TR COM 74965L101 346 11,602 SH   SOLE   11,443 0 159
ROCK-TENN CO COM 772739207 333 5,530 SH   SOLE   3,970 0 1,560
ROSS STORES INC COM 778296103 511 10,512 SH   SOLE   7,942 0 2,570
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 775 9,849 SH   SOLE   6,495 0 3,354
RYMAN HOSPITALITY PPTYS INC COM 78377T107 558 10,511 SH   SOLE   10,414 0 97
SABRA HEALTH CARE REIT COM 78573L106 34,474 887,361 SH   SOLE   887,361 0 0
SANDERSON FARMS INC COM 800013104 302 4,019 SH   SOLE   3,526 0 493
SCHLUMBERGER LTD COM 806857108 615 7,138 SH   SOLE   0 0 7,138
SCHWAB CHARLES CORP NEW COM 808513105 483 14,802 SH   SOLE   0 0 14,802
SCHWEITZER-MAUDUIT INTL INC COM 808541106 688 17,251 SH   SOLE   17,148 0 103
SELECT COMFORT CORP COM 81616X103 543 18,048 SH   SOLE   17,873 0 175
SELECT INCOME REIT COM 81618T100 11,298 233,191 SH   SOLE   233,191 0 0
SIGNET JEWELERS LIMITED COM G81276100 574 4,476 SH   SOLE   0 0 4,476
SIMON PPTY GROUP INC NEW COM 828806109 2,501 14,456 SH   SOLE   13,709 0 747
SIRIUS XM HLDGS INC COM 82968B103 194 51,895 SH   SOLE   0 0 51,895
SKECHERS U S A INC COM 830566105 1,917 17,465 SH   SOLE   15,786 0 1,679
SKYWEST INC COM 830879102 96 6,357 SH   SOLE   6,352 0 5
SKYWORKS SOLUTIONS INC COM 83088M102 794 7,625 SH   SOLE   1,446 0 6,179
SOUTHWEST AIRLS CO COM 844741108 4,664 140,962 SH   SOLE   134,123 0 6,839
SOVRAN SELF STORAGE INC COM 84610H108 17,269 1,500,849 SH   SOLE   1,500,849 0 0
SPDR GOLD TRUST ETF 78463V107 24,365 216,832 SH   SOLE   0 0 216,832
SPDR INDEX DJ GLB RL ES ETF 78463X749 453 9,888 SH   SOLE   0 0 9,888
SPDR S&P 500 ETF 78462F103 852 4,137 SH   SOLE   0 0 4,137
SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 27,001 519,053 SH   SOLE   0 0 519,053
SPDR SERIES TRUST NUVN BR SHT MUNI ETF 78464A425 3,918 161,383 SH   SOLE   0 0 161,383
SPDR SERIES TRUST SHRT INTL ETF 78464A334 88,730 2,894,002 SH   SOLE   0 0 2,894,002
SS&C TECHNOLOGIES HLDGS I COM 78467J100 4,216 263,500 SH   SOLE   263,500 0 0
ST JUDE MED INC COM 790849103 1,502 20,553 SH   SOLE   20,072 0 481
STAG INDL INC COM 85254J102 40,218 804,360 SH   SOLE   804,360 0 0
STARBUCKS CORP COM 855244109 612 11,414 SH   SOLE   0 0 11,414
STARWOOD WAYPOINT RESIDENTL COM 85571W109 323 13,603 SH   SOLE   13,372 0 231
STARZ COM 85571Q102 877 19,606 SH   SOLE   17,794 0 1,812
STATE STR CORP COM 857477103 206 2,678 SH   SOLE   0 0 2,678
STRATEGIC HOTELS & RESORTS COM 86272T106 215 17,718 SH   SOLE   17,416 0 302
STRYKER CORP COM 863667101 631 6,607 SH   SOLE   0 0 6,607
SUCAMPO PHARMACEUTICALS INC COM 864909106 446 27,147 SH   SOLE   27,020 0 127
SUPERNUS PHARMACEUTICALS IN COM 868459108 768 45,250 SH   SOLE   45,000 0 250
SVB FINL GROUP COM 78486Q101 920 6,387 SH   SOLE   0 0 6,387
TARGET CORP COM 87612E106 558 6,837 SH   SOLE   0 0 6,837
TASER INTL INC COM 87651B104 402 12,078 SH   SOLE   0 0 12,078
TAUBMAN CTRS INC COM 876664103 2,218 31,912 SH   SOLE   31,832 0 80
TEEKAY TANKERS LTD COM Y8565N102 88 13,261 SH   SOLE   0 0 13,261
TEXAS INSTRS INC COM 882508104 232 4,508 SH   SOLE   0 0 4,508
THERMO FISHER SCIENTIFIC IN COM 883556102 536 4,128 SH   SOLE   0 0 4,128
TIME WARNER INC COM 887317303 659 7,534 SH   SOLE   0 0 7,534
TJX COS INC NEW COM 872540109 1,277 19,300 SH   SOLE   12,578 0 6,722
TOWERS WATSON & CO COM 891894107 2,873 359,892 SH   SOLE   359,788 0 104
TRAVELERS COMPANIES INC COM 89417E109 1,461 15,113 SH   SOLE   10,237 0 4,876
TRIPADVISOR INC COM 896945201 560 6,425 SH   SOLE   204 0 6,221
TWENTY FIRST CENTY FOX INC COM 90130A101 648 19,900 SH   SOLE   0 0 19,900
UDR INC COM 902653104 475 14,831 SH   SOLE   14,766 0 65
UNION PAC CORP COM 907818108 631 6,614 SH   SOLE   0 0 6,614
UNITED INS HLDGS CORP COM 910710102 313 20,162 SH   SOLE   19,431 0 731
UNITED TECHNOLOGIES CORP COM 913017109 251 2,264 SH   SOLE   0 0 2,264
UNITEDHEALTH GROUP INC COM 91324P102 755 6,190 SH   SOLE   0 0 6,190
UNIVERSAL INS HLDGS INC COM 91359V107 1,238 51,163 SH   SOLE   45,433 0 5,730
URBAN EDGE PPTYS COM 91704F104 175 8,435 SH   SOLE   8,432 0 3
US BANCORP DEL COM 902973304 454 10,461 SH   SOLE   0 0 10,461
USANA HEALTH SCIENCES INC COM 90328M107 410 2,998 SH   SOLE   2,972 0 26
V F CORP COM 918204108 1,466 21,015 SH   SOLE   17,664 0 3,351
VALERO ENERGY CORP NEW COM 91913Y100 615 9,831 SH   SOLE   0 0 9,831
VALIDUS HOLDINGS LTD COM G9319H102 3,138 71,330 SH   SOLE   55,614 0 15,716
VANGUARD INDEX SM CP VAL ETF 922908611 1,087 10,086 SH   SOLE   0 0 10,086
VANGUARD INDEX VALUE ETF 922908744 1,432 17,173 SH   SOLE   0 0 17,173
VANGUARD INTL EQUITY FTSE EMR MKT ETF 922042858 416 10,183 SH   SOLE   0 0 10,183
VANGUARD SHTRM GVT BD ETF 92206C102 2,094 34,268 SH   SOLE   0 0 34,268
VANGUARD SPECIALIZED PORTFO DIV APP ETF 921908844 251 3,191 SH   SOLE   0 0 3,191
VANGUARD WORLD MEGA GRWTH IND ETF 921910816 498 6,000 SH   SOLE   0 0 6,000
VARIAN MED SYS INC COM 92220P105 204 2,418 SH   SOLE   0 0 2,418
VENTAS INC COM 92276F100 391 6,302 SH   SOLE   5,896 0 406
VERIZON COMMUNICATIONS INC COM 92343V104 1,819 39,020 SH   SOLE   22,628 0 16,392
VISA INC COM 92826C839 4,172 62,131 SH   SOLE   41,652 0 20,479
VORNADO RLTY TR COM 929042109 1,618 17,047 SH   SOLE   17,041 0 6
VOYA FINL INC COM 929089100 539 11,591 SH   SOLE   0 0 11,591
WALGREENS BOOTS ALLIANCE IN COM 931427108 1,690 20,015 SH   SOLE   12,437 0 7,578
WAL-MART STORES INC COM 931142103 3,196 45,059 SH   SOLE   35,793 0 9,266
WELLS FARGO & CO NEW COM 949746101 2,098 37,296 SH   SOLE   14,808 0 22,488
WESTAR ENERGY INC COM 95709T100 221 6,470 SH   SOLE   0 0 6,470
WESTERN DIGITAL CORP COM 958102105 2,113 26,951 SH   SOLE   23,192 0 3,759
WESTERN REFNG INC COM 959319104 696 15,946 SH   SOLE   15,926 0 20
WESTERN UN CO COM 959802109 311 15,278 SH   SOLE   0 0 15,278
WHIRLPOOL CORP COM 963320106 1,064 6,147 SH   SOLE   5,440 0 707
WHOLE FOODS MKT INC COM 966837106 290 7,356 SH   SOLE   0 0 7,356
WP GLIMCHER IN COM 92939N102 830 61,325 SH   SOLE   61,063 0 262
WYNDHAM WORLDWIDE CORP COM 98310W108 283 3,458 SH   SOLE   2,287 0 1,171
ZELTIQ AESTHETICS INC COM 98933Q108 23,622 696,140 SH   SOLE   696,140 0 0
ZIMMER BIOMET HLDGS INC COM 98956P102 1,935 17,719 SH   SOLE   15,294 0 2,425