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
3M CO COM 88579Y101 286 1,899 SH   SOLE   1,899 0 0
ABBOTT LABS COM 002824100 427 9,515 SH   SOLE   9,515 0 0
ABBVIE INC COM 00287Y109 534 9,015 SH   SOLE   9,015 0 0
ACE LTD SHS H0023R105 265 2,269 SH   SOLE   2,269 0 0
ADOBE SYS INC COM 00724F101 714 7,605 SH   SOLE   7,605 0 0
AES CORP COM 00130H105 159 16,565 SH   SOLE   16,565 0 0
AFLAC INC COM 001055102 270 4,500 SH   SOLE   4,500 0 0
ALCOA INC COM 013817101 426 43,158 SH   SOLE   43,158 0 0
ALLIANCEBERNSTEIN HOLDING LP UNIT LTD PARTN 01881G106 284 11,900 SH   SOLE   11,900 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 173 10,000 SH   SOLE   10,000 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 294 18,955 SH   SOLE   18,955 0 0
AMERICAN EXPRESS CO COM 025816109 264 3,794 SH   SOLE   3,794 0 0
AMERICAN FARMLAND CO COM 02589Y100 182 25,807 SH   SOLE   25,807 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 203 12,200 SH   SOLE   12,200 0 0
ANWORTH MORTGAGE ASSET CP COM 037347101 70 16,144 SH   SOLE   16,144 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 372 9,294 SH   SOLE   9,294 0 0
APOLLO INVT CORP COM 03761U106 193 36,900 SH   SOLE   36,900 0 0
APPLE INC COM 037833100 2,874 27,300 SH   SOLE   27,300 0 0
APPLIED MATLS INC COM 038222105 363 19,465 SH   SOLE   19,465 0 0
ARROW ELECTRS INC COM 042735100 341 6,300 SH   SOLE   6,300 0 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 115 18,180 SH   SOLE   18,180 0 0
ASHLAND INC NEW COM 044209104 781 7,604 SH   SOLE   7,604 0 0
AT&T INC COM 00206R102 2,279 66,217 SH   SOLE   66,217 0 0
AVIS BUDGET GROUP COM 053774105 575 15,834 SH   SOLE   15,834 0 0
BANCO SANTANDER SA ADR 05964H105 76 15,694 SH   SOLE   15,694 0 0
BANK AMER CORP COM 060505104 373 22,157 SH   SOLE   22,157 0 0
BB&T CORP COM 054937107 292 7,712 SH   SOLE   7,712 0 0
BEACON ROOFING SUPPLY INC COM 073685109 417 10,115 SH   SOLE   10,115 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,536 11,630 SH   SOLE   11,630 0 0
BOEING CO COM 097023105 297 2,056 SH   SOLE   2,056 0 0
BOSTON SCIENTIFIC CORP COM 101137107 240 13,022 SH   SOLE   13,022 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,044 15,174 SH   SOLE   15,174 0 0
CANADIAN PAC RY LTD COM 13645T100 1,140 8,933 SH   SOLE   8,933 0 0
CARDINAL HEALTH INC COM 14149Y108 1,369 15,330 SH   SOLE   15,330 0 0
CELGENE CORP COM 151020104 406 3,390 SH   SOLE   3,390 0 0
CHEVRON CORP NEW COM 166764100 538 5,980 SH   SOLE   5,980 0 0
CISCO SYS INC COM 17275R102 1,232 45,361 SH   SOLE   45,361 0 0
COCA COLA CO COM 191216100 1,222 28,434 SH   SOLE   28,434 0 0
CONAGRA FOODS INC COM 205887102 304 7,200 SH   SOLE   7,200 0 0
CONOCOPHILLIPS COM 20825C104 251 5,370 SH   SOLE   5,370 0 0
CORNING INC COM 219350105 716 39,180 SH   SOLE   39,180 0 0
CST BRANDS INC COM 12646R105 306 7,820 SH   SOLE   7,820 0 0
DISCOVER FINL SVCS COM 254709108 812 15,145 SH   SOLE   15,145 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 239 9,476 SH   SOLE   9,476 0 0
DISNEY WALT CO COM DISNEY 254687106 3,292 31,331 SH   SOLE   31,331 0 0
DONNELLEY R R & SONS CO COM 257867101 413 28,050 SH   SOLE   28,050 0 0
DOVER CORP COM 260003108 685 11,173 SH   SOLE   11,173 0 0
DOW CHEM CO COM 260543103 538 10,451 SH   SOLE   10,451 0 0
EATON VANCE FLTING RATE INC COM 278279104 287 22,700 SH   SOLE   22,700 0 0
EMCOR GROUP INC COM 29084Q100 536 11,150 SH   SOLE   11,150 0 0
EQUITY ONE COM 294752100 367 13,503 SH   SOLE   13,503 0 0
EXXON MOBIL CORP COM 30231G102 343 4,397 SH   SOLE   4,397 0 0
FACEBOOK INC CL A 30303M102 381 3,645 SH   SOLE   3,645 0 0
FIRST POTOMAC RLTY TR COM 33610F109 154 13,520 SH   SOLE   13,520 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 1,892 12,900 SH   SOLE   12,900 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 279 54,800 SH   SOLE   54,800 0 0
FREEPORT-MCMORAN INC CL B 35671D857 145 21,405 SH   SOLE   21,405 0 0
GENERAL ELECTRIC CO COM 369604103 1,399 44,904 SH   SOLE   44,904 0 0
GLADSTONE LD CORP COM 376549101 924 106,810 SH   SOLE   106,810 0 0
GLOBAL PMTS INC COM 37940X102 1,803 27,950 SH   SOLE   27,950 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 230 7,051 SH   SOLE   7,051 0 0
GREEN DOT CORP CL A 39304D102 731 44,518 SH   SOLE   44,518 0 0
GUESS INC COM 401617105 199 10,550 SH   SOLE   10,550 0 0
HALLIBURTON CO COM 406216101 435 12,785 SH   SOLE   12,785 0 0
HANESBRANDS INC COM 410345102 559 18,982 SH   SOLE   18,982 0 0
HARLEY DAVIDSON INC COM 412822108 234 5,156 SH   SOLE   5,156 0 0
HARRIS CORP DEL COM 413875105 574 6,600 SH   SOLE   6,600 0 0
HERSHEY CO COM 427866108 613 6,870 SH   SOLE   6,870 0 0
HUGOTON RTY TR TEX UNIT BEN INT 444717102 39 24,308 SH   SOLE   24,308 0 0
ICAHN ENTERPRISES LP DEPOSITARY UNIT 451100101 592 9,654 SH   SOLE   9,654 0 0
INGRAM MICRO INC CL A 457153104 790 26,000 SH   SOLE   26,000 0 0
INTEL CORP COM 458140100 2,762 80,168 SH   SOLE   80,168 0 0
INVESCO CALIF VALUE MUN INC COM 46132H106 190 14,327 SH   SOLE   14,327 0 0
JABIL CIRCUIT INC COM 466313103 245 10,500 SH   SOLE   10,500 0 0
JOHNSON & JOHNSON COM 478160104 738 7,188 SH   SOLE   7,188 0 0
KIMBERLY CLARK CORP COM 494368103 248 1,950 SH   SOLE   1,950 0 0
KNOWLES CORP COM 49926D109 338 25,374 SH   SOLE   25,374 0 0
KONINKLIJKE PHILIPS N V NY REG SH NEW 500472303 418 16,426 SH   SOLE   16,426 0 0
KRAFT HEINZ CO COM 500754106 288 3,955 SH   SOLE   3,955 0 0
LEGG MASON INC COM 524901105 240 6,119 SH   SOLE   6,119 0 0
LEXINGTON REALTY TRUST COM 529043101 139 17,432 SH   SOLE   17,432 0 0
LIBERTY INTERACTIVE CORP QVC GP COM SER A 53071M104 491 10,892 SH   SOLE   10,892 0 0
LIBERTY INTERACTIVE CORP LBT VENT COM A 53071M880 1,122 41,084 SH   SOLE   41,084 0 0
MARSH & MCLENNAN COS INC COM 571748102 325 5,855 SH   SOLE   5,855 0 0
MCDONALDS CORP COM 580135101 595 5,034 SH   SOLE   5,034 0 0
MCGRAW HILL FINL INC COM 580645109 1,794 18,202 SH   SOLE   18,202 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 164 14,247 SH   SOLE   14,247 0 0
MERCK & CO INC NEW COM 58933Y105 1,643 31,096 SH   SOLE   31,096 0 0
METLIFE INC COM 59156R108 711 14,751 SH   SOLE   14,751 0 0
MFS CALIF MUN FD COM 59318C106 132 11,118 SH   SOLE   11,118 0 0
MICROSOFT CORP COM 594918104 3,227 58,163 SH   SOLE   58,163 0 0
MONDELEZ INTL INC CL A 609207105 1,865 41,596 SH   SOLE   41,596 0 0
MORGAN STANLEY COM NEW 617446448 408 12,839 SH   SOLE   12,839 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 228 3,330 SH   SOLE   3,330 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 408 25,000 SH   SOLE   25,000 0 0
NEWELL RUBBERMAID INC COM 651229106 365 8,288 SH   SOLE   8,288 0 0
NUVEEN CAL AMT-FREE MUN INC COM 670651108 264 17,218 SH   SOLE   17,218 0 0
ONE LIBERTY PPTYS INC COM 682406103 346 16,132 SH   SOLE   16,132 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 60 11,820 SH   SOLE   11,820 0 0
PFIZER INC COM 717081103 1,893 58,629 SH   SOLE   58,629 0 0
PHILLIPS 66 COM 718546104 237 2,895 SH   SOLE   2,895 0 0
POOL CORPORATION COM 73278L105 1,060 13,116 SH   SOLE   13,116 0 0
POTASH CORP SASK INC COM 73755L107 586 34,249 SH   SOLE   34,249 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 251 2,246 SH   SOLE   2,246 0 0
PROCTER & GAMBLE CO COM 742718109 531 6,693 SH   SOLE   6,693 0 0
PS BUSINESS PKS INC CALIF COM 69360J107 1,093 12,499 SH   SOLE   12,499 0 0
PUBLIC STORAGE COM 74460D109 1,450 5,854 SH   SOLE   5,854 0 0
QUALCOMM INC COM 747525103 239 4,773 SH   SOLE   4,773 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 83 20,032 SH   SOLE   20,032 0 0
SCHWAB CHARLES CORP NEW COM 808513105 360 10,920 SH   SOLE   10,920 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 587 16,000 SH   SOLE   16,000 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 982 13,640 SH   SOLE   13,640 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 395 16,588 SH   SOLE   16,588 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 329 6,200 SH   SOLE   6,200 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 545 36,696 SH   SOLE   36,696 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 110 20,800 SH   SOLE   20,800 0 0
TC PIPELINES LP UT COM LTD PRT 87233Q108 485 9,748 SH   SOLE   9,748 0 0
TELETECH HOLDINGS INC COM 879939106 279 10,000 SH   SOLE   10,000 0 0
TEREX CORP NEW COM 880779103 360 19,500 SH   SOLE   19,500 0 0
THERAVANCE INC COM 88338T104 384 36,470 SH   SOLE   36,470 0 0
TIMKENSTEEL CORP COM 887399103 354 42,242 SH   SOLE   42,242 0 0
TRANSOCEAN LTD REG SHS H8817H100 251 20,293 SH   SOLE   20,293 0 0
TRIPADVISOR INC COM 896945201 201 7,400 SH   SOLE   7,400 0 0
TRUSTMARK CORP COM 898402102 336 14,584 SH   SOLE   14,584 0 0
UNILEVER PLC SPON ADR NEW 904767704 263 6,100 SH   SOLE   6,100 0 0
UNISYS CORP COM NEW 909214306 207 18,700 SH   SOLE   18,700 0 0
VANGUARD INDEX FDS REIT ETF 922908553 207 2,600 SH   SOLE   2,600 0 0
VANGUARD INDEX FDS MID CAP ETF 922908629 264 2,200 SH   SOLE   2,200 0 0
VANGUARD NAT RES LLC COM UNIT 92205F106 56 18,691 SH   SOLE   18,691 0 0
VISA INC COM CL A 92826C839 3,120 40,226 SH   SOLE   40,226 0 0
W P CAREY INC COM 92936U109 555 9,409 SH   SOLE   9,409 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 1,596 18,739 SH   SOLE   18,739 0 0
WAL-MART STORES INC COM 931142103 1,350 22,030 SH   SOLE   22,030 0 0
WHEELER REAL ESTATE INVT TR COM 963025101 748 387,741 SH   SOLE   387,741 0 0
WHOLE FOODS MKT INC COM 966837106 812 24,230 SH   SOLE   24,230 0 0
WYNDHAM WORLDWIDE CORP COM 98310W108 842 11,584 SH   SOLE   11,584 0 0
ZIMMER BIOMET HLDGS INC COM 98956P102 354 3,448 SH   SOLE   3,448 0 0
ZOETIS INC CL A 98978V103 1,421 29,660 SH   SOLE   29,660 0 0