Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE	92,398	$13.31M	5.7%	$19.40	+76.9%	COM	037833100
AMZN	AMAZON.COM	12,538	$12.14M	5.2%	$29.54	+61.5%	COM	023135106
—	CBS CORP CL B	140,985	$8.992M	3.9%	$55.10	—	COM	124857202
GOOG	ALPHABET INC CL C	8,894	$8.082M	3.5%	$30.86	+47.2%	COM	02079K107
PYPL	PAYPAL HOLDINGS INC	141,365	$7.587M	3.3%	$48.65	+0.8%	COM	70450Y103
—	BGC PARTNERS INC	593,400	$7.501M	3.2%	$7.78	—	COM	05541T101
BAC	BANK OF AMERICA	296,874	$7.202M	3.1%	$11.63	+64.2%	COM	060505104
—	COLONY NORTHSTAR INC. CL A	510,947	$7.199M	3.1%	$12.91	—	COM	19625W104
—	UNITED TECHNOLOGIES	58,795	$7.179M	3.1%	$122.10	—	COM	913017109
ALLY	ALLY FINL INC COM	326,625	$6.826M	2.9%	$15.81	-3.6%	COM	02005N100
C	CITIGROUP INC COM NEW ISIN#US1	101,739	$6.804M	2.9%	$36.55	+27.1%	COM	172967424
MPC	MARATHON PETROLEUM CORP	123,480	$6.462M	2.8%	$37.93	+4.2%	COM	56585A102
NVDA	NVIDIA Corp	41,260	$5.965M	2.6%	$2.80	+11.8%	COM	67066G104
—	LEXINGTON REALTY TR	575,800	$5.706M	2.5%	$9.71	—	COM	529043101
—	AETNA	37,140	$5.639M	2.4%	$81.84	—	COM	00817Y108
CMCSA	COMCAST CL A	130,925	$5.096M	2.2%	$26.89	+18.7%	COM	20030N101
CSCO	CISCO SYSTEMS	157,295	$4.923M	2.1%	$22.01	+13.8%	COM	17275R102
DHR	DANAHER CORP	56,562	$4.773M	2.1%	$52.98	+35.5%	COM	235851102
INCY	INCYTE	36,775	$4.63M	2.0%	$88.68	+43.5%	COM	45337C102
—	NEW MEDIA INVESTMENT GROUP INC	321,400	$4.332M	1.9%	$16.70	—	COM	64704V106
CAH	CARDINAL HEALTH	53,690	$4.184M	1.8%	$58.41	0.0%	COM	14149Y108
KO	COCA COLA COMPANY	92,156	$4.133M	1.8%	$33.67	0.0%	COM	191216100
—	KITE PHARMA INC	37,600	$3.898M	1.7%	$42.19	—	COM	49803L109
DAL	DELTA AIR LINES INC	72,455	$3.894M	1.7%	$27.04	+63.9%	COM	247361702
—	PRAXAIR	27,036	$3.584M	1.5%	$132.56	—	COM	74005p104
—	ANADARKO PETROLEUM	78,100	$3.541M	1.5%	$72.02	—	COM	032511107
—	GENERAL ELECTRIC	125,475	$3.389M	1.5%	$27.30	—	COM	369604103
VOD	VODAFONE GROUP PLC	117,325	$3.371M	1.5%	$26.37	—	COM	92857W308
MPLX	MPLX LP	98,415	$3.287M	1.4%	$35.45	—	COM	55336V100
—	GMAC CAP TR I SER 2 CPN-8.125	124,450	$3.261M	1.4%	$25.22	—	PFD	361860208
—	THL CREDIT INC	318,325	$3.167M	1.4%	$11.20	—	COM	872438106
MCK	MCKESSON CORP	18,415	$3.03M	1.3%	$136.77	+3.5%	COM	58155Q103
STWD	STARWOOD PROPERTY TRUST INC	126,970	$2.843M	1.2%	$23.87	—	COM	85571B105
—	NEW SENIOR INVESTMENT GROUP IN	200,850	$2.019M	0.9%	$11.39	—	COM	648691103
BABA	ALIBABA GROUP HOLDINGS LTD	14,195	$2M	0.9%	$140.89	—	COM	01609W102
MRK	MERCK & CO INC	30,242	$1.938M	0.8%	$30.29	+53.7%	COM	58933Y105
—	GOLDMAN SACHS GROUP INC. PFD S	62,105	$1.704M	0.7%	$26.59	—	PFD	38148B504
—	CIGNA CORP COM	9,525	$1.594M	0.7%	$74.53	—	COM	125509109
AGN 5.5 03/01/18 A	ALLERGAN PLC 5.5	1,705	$1.479M	0.6%	$974.53	—	PFD	G0177J116
—	MORGAN STANLEY PRD G 6.625 7-	47,500	$1.301M	0.6%	$25.91	—	PFD	61762V507
GLPI	GAMING AND LEISURE PROPERTIES,	32,795	$1.235M	0.5%	$34.57	—	COM	36467J108
—	WESTERN GAS PARTNERS	21,925	$1.226M	0.5%	$57.88	—	COM	958254104
FCX	FREEPORT MCMORAN, INC. CL B	99,850	$1.199M	0.5%	$11.14	-1.2%	COM	35671D857
—	BGC PARTNERS INC SR NTS 8.125	46,704	$1.197M	0.5%	$26.27	—	PFD	05541T408
—	COLONY NORTHSTAR INC 7.5 PFD	44,600	$1.176M	0.5%	$24.71	—	PFD	19625W807
—	COLONY NORTHSTAR INC. 8.5 PFD	43,400	$1.144M	0.5%	$25.81	—	PFD	19625W500
—	AGNC INVESTMENT CORP. SER B 7.	40,950	$1.069M	0.5%	$25.42	—	PFD	00123Q302
ARMK	ARAMARK	22,725	$931K	0.4%	$20.18	+22.1%	COM	03852U106
—	STAG INDL INC CUM RED PRD SER	33,000	$878K	0.4%	$26.40	—	PFD	85254J409
HON	HONEYWELL INTL INC	6,235	$831K	0.4%	$76.62	+28.9%	COM	438516106
SUB	ISHARES TR SHORT-TERM NATL MUN	7,818	$827K	0.4%	$105.78	—	COM	464288158
FTV	FORTIVE CORP	12,803	$811K	0.3%	$31.00	+22.5%	COM	34959J108
—	STAG INDUSTRIAL PRF SER B 6.62	30,200	$770K	0.3%	$23.38	—	PFD	85254J300
BRK/A	BERKSHIRE HATHAWAY DEL CL A	3	$764K	0.3%	$165023.42	+51.3%	COM	084670108
—	HERSHA HOSPITALITY TRUST SER D	27,400	$692K	0.3%	$25.26	—	PFD	427825609
—	KKR FINL HLDGS LLC PFD SER A L	25,910	$676K	0.3%	$26.70	—	PFD	48248A603
TEVA 7 12/15/18	TEVA PHARMACEUTICAL 7	1,135	$675K	0.3%	$879.25	—	PFD	M8769Q136
—	GRAMERCY PROPERTY TRUST SER A	24,850	$670K	0.3%	$25.21	—	PFD	385002209
RIO	RIO TINTO PLC	15,825	$670K	0.3%	$40.66	—	COM	767204100
—	COLONY NORTHSTAR INC PERP PFD	26,000	$664K	0.3%	$25.54	—	PFD	19625W872
—	WALGREENS BOOTS ALLIANCE INC	8,115	$635K	0.3%	$76.26	—	COM	931427108
JNJ	JOHNSON & JOHNSON	4,476	$592K	0.3%	$69.45	+44.5%	COM	478160104
—	PRIVATEBANCORP 10	23,418	$591K	0.3%	$25.84	—	PFD	74272L208
STAG	STAG INDUSTRIAL INC	20,200	$558K	0.2%	$19.98	—	COM	85254J102
—	PEBBLEBROOK HOTEL TR PFD SER C	21,600	$543K	0.2%	$25.73	—	PFD	70509V407
COST	COSTCO WHSL	3,350	$536K	0.2%	$91.39	+65.2%	COM	22160K105
MSFT	MICROSOFT	7,612	$525K	0.2%	$47.52	+31.1%	COM	594918104
RY	ROYAL BANK OF CANADA	6,931	$503K	0.2%	$56.09	+25.0%	COM	780087102
KMI	KINDER MORGAN INC	24,810	$475K	0.2%	$16.57	-24.7%	COM	49456B101
—	COLONY NORTHSTAR INC. 8.875 P	17,800	$460K	0.2%	$25.67	—	PFD	19625W401
—	AK STEEL HLDG CORP	62,500	$411K	0.2%	$4.94	—	COM	001547108
—	MEDLEY CAP	61,000	$390K	0.2%	$9.79	—	COM	58503F106
—	LIBERTY INTERACTIVE CORPORATIO	15,544	$381K	0.2%	$23.03	—	COM	53071M104
PFE	PFIZER	11,300	$380K	0.2%	$20.00	+8.0%	COM	717081103
OFS	OFS CAPITAL CORP	24,950	$357K	0.2%	$14.46	-1.7%	COM	67103B100
VZ	VERIZON COMMUNICATIONS	7,881	$352K	0.2%	$32.90	-10.2%	COM	92343V104
—	UNILEVER N V -NY SHARES	6,000	$332K	0.1%	$44.70	—	COM	904784709
—	RAYTHEON	2,010	$325K	0.1%	$152.84	—	COM	755111507
USMV	ISHARES MSCI USA MINIMUM VOLAT	6,499	$318K	0.1%	$48.93	—	COM	46429B697
DANOY	DANONE SPONSORED ADR	20,427	$307K	0.1%	$13.73	—	COM	23636T100
XOM	EXXON	3,805	$307K	0.1%	$54.41	+2.0%	COM	30231G102
GOOS	CANADA GOOSE HOLDINGS INC	15,500	$306K	0.1%	$18.53	0.0%	COM	135086106
NSRGY	NESTLE SA	3,500	$305K	0.1%	$74.63	—	COM	641069406
—	LIBERTY MEDIA CORP SIRIUSXM GR	7,028	$293K	0.1%	$30.88	—	COM	531229607
MCD	MCDONALDS	1,852	$284K	0.1%	$94.04	+25.4%	COM	580135101
LDSVF	CHOCOLADEFABRIKEN LINDT	45	$261K	0.1%	$5771.72	+1.1%	COM	H49983184
—	COLONY NORTHSTAR INC. 8.750 P	9,650	$261K	0.1%	$26.32	—	PFD	19625W609
MUB	ISHARES TR NATL MUN BD ETF FD	2,338	$257K	0.1%	$109.92	—	COM	464288414
—	ESSILOR INTERNATIONAL	2,000	$254K	0.1%	$123.60	—	COM	F31668100
OPK	OPKO HEALTH INC COM	38,500	$253K	0.1%	$8.53	-17.8%	COM	68375N103
GLD	SPDR GOLD TRUST	2,100	$248K	0.1%	$119.55	—	COM	78463V107
MDGL	MADRIGAL PHARMACEUTICALS INC	15,141	$246K	0.1%	$15.63	0.0%	COM	558868105
FMS	FRESENIUS MEDICAL CARE-ADR	5,000	$242K	0.1%	$44.02	—	COM	358029106
DEO	DIAGEO PLC	2,000	$240K	0.1%	$107.91	—	COM	25243Q205
BTI	BRITISH AMERICAN TOB-SP ADR	3,500	$240K	0.1%	$101.72	—	COM	110448107
DIS	WALT DISNEY COMPANY HOLDING	2,253	$239K	0.1%	$96.06	+6.6%	COM	254687106
PM	PHILIP MORRIS	2,000	$235K	0.1%	$55.87	+32.9%	COM	718172109
EPD	ENTERPRISE PRODUCTS PARTNERS L	8,500	$230K	0.1%	$24.59	—	COM	293792107
EFAV	ISHARES MSCI EAFE MINIMUM VOLA	3,313	$229K	0.1%	$69.12	—	COM	46429B689
—	SPDR SER BLOOMBERG BARCLAYS 1-	4,750	$217K	0.1%	$45.68	—	COM	78464A680
—	VANECK VECTORS ETF TR HY MUN I	7,032	$217K	0.1%	$30.86	—	COM	92189F361
—	AMERICAN TOWER CORP B 5.5	1,770	$215K	0.1%	$121.47	—	PFD	03027X407
NVO	NOVO-NORDISK A/S-SPONS ADR	5,000	$214K	0.1%	$47.27	—	COM	670100205
—	RECKITT BENCKISER-SPON ADR	10,000	$207K	0.1%	$19.51	—	COM	756255204
CCEP	COCA-COLA EUROPEAN PARTNERS PL	5,000	$203K	0.1%	$30.97	0.0%	COM	G25839104
ENB	ENBRIDGE INC	5,077	$202K	0.1%	$24.73	-3.7%	COM	29250N105
—	J C PENNEY INC	40,000	$186K	0.1%	$9.68	—	COM	708160106
—	NEW YORK COMMUNITY BANCORP	10,500	$138K	0.1%	$14.72	—	COM	649445103
ULBI	ULTRALIFE BATTERIES	18,000	$130K	0.1%	$4.16	+47.4%	COM	903899102
—	AGENUS INC	10,000	$39,000	0.0%	$3.80	—	COM	00847G705
—	RITE AID	12,000	$35,000	0.0%	$2.92	—	COM	767754104
—	GASTAR EXPLORATION INC	20,000	$19,000	0.0%	$1.39	—	COM	36729W202
BRCOQ	BEARD	13,800	$0	0.0%	$0.00	-66.9%	COM	07384R408
—	BLACKHAWK CAP GROUP BDC	24,000	$0	0.0%	$0.04	—	COM	09236T103