Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Teekay Offshore Partners	683,303	$20.63M	13.7%	$21.70	—	Partnership Units	Y8565J101
—	Teekay Lng Partners LPF	426,510	$17.67M	11.8%	$26.97	—	Partnership Units	Y8564M105
—	Newcastle Investment Cp	1,350,754	$15.09M	10.0%	$4.14	—	Com	65105M108
—	Superior Energy Services	417,576	$10.84M	7.2%	$20.24	—	COM	868157108
—	National Oilwell Varco	143,707	$10.17M	6.8%	$44.80	—	Com	637071101
—	Teekay Tankers Ltd Cl Af	3,456,018	$9.873M	6.6%	$4.54	—	CL A	Y8565N102
—	Northstar Realty Fin Cp	996,015	$9.442M	6.3%	$9.48	—	COM	66704R100
—	Seadrill Ltd	227,276	$8.457M	5.6%	$34.93	—	SHS	G7945E105
—	Calumet Specialty Prod	221,210	$8.24M	5.5%	$37.25	—	UT LTD Partner	131476103
—	Tronox Ltd Class A	325,805	$6.454M	4.3%	$19.81	—	SHS CL A	Q9235V101
VALE	Companhia Vale Do Adr	361,759	$6.255M	4.2%	$28.45	—	ADR	91912E105
—	Earthlink Inc	1,050,655	$5.684M	3.8%	$5.41	—	Com	270321102
MET	Metlife Inc	94,684	$3.6M	2.4%	$36.06	-39.4%	Com	59156R108
—	Proshs Ultrashrt S&P	71,740	$3.152M	2.1%	$31.83	—	PSHS ULSHT SP500	74347R883
PRU	Prudential Financial Inc	32,516	$1.918M	1.3%	$57.63	-40.7%	Com	744320102
—	Promotora De Info Adr Bf	952,874	$1.172M	0.8%	$3.84	—	ADR CL B CON	74343G303
—	Gannett Co Inc Del	37,990	$831K	0.6%	$21.87	—	Com	364730101
—	Kkr Financial Corp	70,930	$785K	0.5%	$11.07	—	COM	482476306
—	Berkshire Hathaway Cl B	6,683	$696K	0.5%	$92.96	—	Cl B new	08467070c
—	Amarin Corp Plc New Adrf	79,955	$592K	0.4%	$11.85	—	Spons adr new	023111206
AAPL	Apple Computer Inc	1,269	$562K	0.4%	$667.38	-97.9%	COM	037833100
STWD	Starwood Ppty TRUST Inc	18,840	$523K	0.3%	$27.76	—	COM	85571B105
—	Royal Dutch Shell A Adrf	7,920	$516K	0.3%	$65.15	—	Spons ADR A	780259206
—	Navios Maritime	109,010	$498K	0.3%	$4.57	—	COM	Y62196103
XOM	Exxon Mobil Corporation	5,306	$478K	0.3%	$68.22	-22.3%	Com	30231G102
—	MFC Industrial LTD	49,947	$453K	0.3%	$9.07	—	COM	601073109
—	Cedar Realty TRUST Pfd	17,910	$450K	0.3%	$25.13	—	Co Unit LP	Y11082107
ACRE	Ares Coml Real Estate	26,145	$442K	0.3%	$16.91	—	COM	04013V108
—	Fifth Street Finance Cp	38,570	$425K	0.3%	$11.02	—	COM	31678A103
—	Hi-Crush Partners Lp	22,410	$418K	0.3%	$18.65	—	COM Unit LTD	428337109
—	Navios Maritime Acqstn	114,695	$395K	0.3%	$3.44	—	SHS	Y62159101
—	Two Harbors Investment	30,340	$383K	0.3%	$12.62	—	COM	90187B101
—	Solar Senior Capital	17,875	$343K	0.2%	$19.19	—	COM	83416M105
—	Navios Maritime Ptnrs	23,520	$341K	0.2%	$14.50	—	Unit LPI	Y62267102
GS	Goldman Sachs Group Inc	2,273	$335K	0.2%	$123.06	-6.0%	Com	38141G104
SLRC	Solar Capital Ltd	13,910	$327K	0.2%	$7.56	0.0%	COM	83413U100
—	Sigma Aldrich Corp	3,820	$297K	0.2%	$60.47	—	Com	826552101
JNJ	Johnson & Johnson	3,044	$248K	0.2%	$52.80	0.0%	COM	478160104
CVX	Chevrontexaco Corp	2,059	$245K	0.2%	$67.90	0.0%	Com	166764100
T	A T & T Inc.	6,420	$236K	0.2%	$30.42	-64.5%	COM	00206R102
BAC	Bank Of America Corp	15,745	$192K	0.1%	$11.54	-19.4%	Com	060505104
—	Promotora De Info Adr Af	147,313	$162K	0.1%	$1.90	—	ADR Cl A SHS	74343G204
GENC	Gencor Industries Inc	18,000	$129K	0.1%	$7.43	-34.3%	Com	368678108
—	Acadia Pharmaceuticals	15,000	$119K	0.1%	$4.67	—	COM	04225108
—	Antares Pharma Inc	13,750	$49,000	0.0%	$4.39	—	COM	036642106
—	Sirius Satellite Radio	15,400	$47,000	0.0%	$2.60	—	Com	82967N108
—	Chimera Investment Corp	12,500	$40,000	0.0%	$3.88	—	com	16934Q109
FOLD	Amicus Therapeutics Inc	12,500	$40,000	0.0%	$3.38	0.0%	COM	03152W109