Ingalls & Snyder 13F-HR Quarterly holdings report by institutional manager

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
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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
AXALTA COATING SYS LTD	COM	G0750C108	737	22,770	SH		OTR		500	0	22,270
COCA COLA EUROPEAN PARTNERS	SHS	G25839104	738	18,518	SH		OTR		0	0	18,518
EATON CORP PLC	SHS	G29183103	1,011	12,800	SH		OTR		0	0	12,800
EVEREST RE GROUP LTD	COM	G3223R108	759	3,432	SH		OTR		0	0	3,432
GEOPARK LTD	USD SHS	G38327105	119	12,000	SH		OTR		0	0	12,000
JOHNSON CTLS INTL PLC	SHS	G51502105	2,095	54,968	SH		OTR		0	0	54,968
LIBERTY GLOBAL PLC	LILAC SHS CL A	G5480U138	6,802	337,550	SH		OTR		8,002	0	329,548
MEDTRONIC PLC	SHS	G5960L103	353	4,370	SH		OTR		56	0	4,314
MICHAEL KORS HLDGS LTD	SHS	G60754101	1,163	18,470	SH		OTR		0	0	18,470
CHUBB LIMITED	COM	H1467J104	4,189	28,663	SH		OTR		0	0	28,663
GARMIN LTD	SHS	H2906T109	801	13,450	SH		OTR		0	0	13,450
TRANSOCEAN LTD	REG SHS	H8817H100	6,371	596,523	SH		OTR		14,000	0	582,523
CERAGON NETWORKS LTD	ORD	M22013102	20	10,000	SH		OTR		10,000	0	0
AERCAP HOLDINGS NV	SHS	N00985106	252	4,795	SH		OTR		0	0	4,795
CIMPRESS N V	SHS EURO	N20146101	19,050	158,907	SH		OTR		6,000	0	152,907
FIAT CHRYSLER AUTOMOBILES N	SHS	N31738102	179	10,055	SH		OTR		1,200	0	8,855
ARDMORE SHIPPING CORP	COM	Y0207T100	2,933	366,580	SH		OTR		2,100	0	364,480
DIANA SHIPPING INC	COM	Y2066G104	163	40,000	SH		OTR		0	0	40,000
FLEX LTD	ORD	Y2573F102	350	19,451	SH		OTR		0	0	19,451
SAFE BULKERS INC	COM	Y7388L103	61	18,950	SH		OTR		0	0	18,950
SCORPIO TANKERS INC	SHS	Y7542C106	987	323,685	SH		OTR		2,500	0	321,185
ABB LTD	SPONSORED ADR	000375204	389	14,507	SH		OTR		0	0	14,507
AT&T INC	COM	00206R102	16,835	433,005	SH		OTR		0	0	433,005
ABBOTT LABS	COM	002824100	14,258	249,827	SH		OTR		0	0	249,827
ABBVIE INC	COM	00287Y109	11,465	118,546	SH		OTR		0	0	118,546
ADVANTAGE OIL & GAS LTD	COM	00765F101	203	47,150	SH		OTR		0	0	47,150
AGENUS INC	COM NEW	00847G705	48	14,700	SH		OTR		0	0	14,700
AIR LEASE CORP	CL A	00912X302	3,613	75,121	SH		OTR		1,000	0	74,121
AIR PRODS & CHEMS INC	COM	009158106	305	1,856	SH		OTR		0	0	1,856
ALEXION PHARMACEUTICALS INC	COM	015351109	881	7,364	SH		OTR		0	0	7,364
ALGONQUIN PWR UTILS CORP	COM	015857105	559	50,000	SH		OTR		2,000	0	48,000
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	6,808	39,484	SH		OTR		0	0	39,484
ALLIANCE DATA SYSTEMS CORP	COM	018581108	4,446	17,538	SH		OTR		1,375	0	16,163
ALPHABET INC	CAP STK CL C	02079K107	10,348	9,889	SH		OTR		0	0	9,889
ALPHABET INC	CAP STK CL A	02079K305	10,120	9,607	SH		OTR		0	0	9,607
ALTABA INC	COM	021346101	598	8,565	SH		OTR		0	0	8,565
ALTRIA GROUP INC	COM	02209S103	1,433	20,073	SH		OTR		0	0	20,073
AMAZON COM INC	COM	023135106	1,580	1,351	SH		OTR		0	0	1,351
AMERCO	COM	023586100	4,140	10,954	SH		OTR		267	0	10,687
AMERICAN ELEC PWR INC	COM	025537101	226	3,069	SH		OTR		0	0	3,069
AMERICAN EXPRESS CO	COM	025816109	1,500	15,102	SH		OTR		0	0	15,102
AMERICAN STS WTR CO	COM	029899101	494	8,526	SH		OTR		0	0	8,526
AMERICAN TOWER CORP NEW	COM	03027X100	1,385	9,706	SH		OTR		0	0	9,706
AMERICAN WTR WKS CO INC NEW	COM	030420103	3,108	33,968	SH		OTR		0	0	33,968
AMERICAS SILVER CORP	COM NEW	03063L705	6,894	1,904,409	SH		OTR		275,000	0	1,629,409
AMGEN INC	COM	031162100	2,496	14,352	SH		OTR		300	0	14,052
AMGEN INC	Call	031162100	330	1,900	SH	Call	OTR		1,000	0	900
ANADARKO PETE CORP	COM	032511107	1,074	20,015	SH		OTR		0	0	20,015
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	2,330	20,889	SH		OTR		0	0	20,889
ANNALY CAP MGMT INC	COM	035710409	772	64,940	SH		OTR		0	0	64,940
APPLE INC	COM	037833100	29,116	172,051	SH		OTR		984	0	171,067
APPLIED MATLS INC	COM	038222105	2,625	51,350	SH		OTR		0	0	51,350
AQUA AMERICA INC	COM	03836W103	1,259	32,091	SH		OTR		0	0	32,091
ARCH COAL INC	CL A	039380407	279	3,000	SH		OTR		0	0	3,000
ARMADA HOFFLER PPTYS INC	COM	04208T108	203	13,069	SH		OTR		0	0	13,069
ASBURY AUTOMOTIVE GROUP INC	COM	043436104	218	3,413	SH		OTR		0	0	3,413
ASTRAZENECA PLC	SPONSORED ADR	046353108	865	24,921	SH		OTR		0	0	24,921
AURYN RES INC	COM	05208W108	4,783	2,905,000	SH		OTR		30,000	0	2,875,000
AUTOMATIC DATA PROCESSING IN	COM	053015103	3,551	30,303	SH		OTR		0	0	30,303
AVALON HLDGS CORP	CL A	05343P109	47	23,602	SH		OTR		0	0	23,602
BB&T CORP	COM	054937107	8,483	170,616	SH		OTR		500	0	170,116
BCE INC	COM NEW	05534B760	2,747	57,225	SH		OTR		0	0	57,225
BP PLC	SPONSORED ADR	055622104	1,043	24,820	SH		OTR		0	0	24,820
BANK AMER CORP	COM	060505104	6,792	230,080	SH		OTR		560	0	229,520
BANK HAWAII CORP	COM	062540109	291	3,390	SH		OTR		0	0	3,390
BANK NEW YORK MELLON CORP	COM	064058100	551	10,228	SH		OTR		0	0	10,228
BARNWELL INDS INC	COM	068221100	21	10,000	SH		OTR		0	0	10,000
BECTON DICKINSON & CO	COM	075887109	255	1,189	SH		OTR		0	0	1,189
BELLATRIX EXPLORATION LTD	COM NEW	078314507	22	13,060	SH		OTR		0	0	13,060
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	5,952	20	SH		OTR		0	0	20
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	44,477	224,381	SH		OTR		1,163	0	223,218
BHP BILLITON LTD	SPONSORED ADR	088606108	2,418	52,569	SH		OTR		0	0	52,569
BIOGEN INC	COM	09062X103	2,124	6,668	SH		OTR		0	0	6,668
BLACK KNIGHT INC	COM	09215C105	218	4,943	SH		OTR		0	0	4,943
BLACKROCK INC	COM	09247X101	353	688	SH		OTR		0	0	688
BLACKROCK MUNIYIELD QLTY FD	COM	09254E103	257	18,600	SH		OTR		0	0	18,600
BLACKSTONE MTG TR INC	COM CL A	09257W100	711	22,100	SH		OTR		0	0	22,100
BOEING CO	COM	097023105	3,394	11,510	SH		OTR		0	0	11,510
BRISTOL MYERS SQUIBB CO	COM	110122108	11,985	195,571	SH		OTR		0	0	195,571
BRIXMOR PPTY GROUP INC	COM	11120U105	3,073	164,700	SH		OTR		620	0	164,080
BROWN FORMAN CORP	CL B	115637209	2,249	32,758	SH		OTR		0	0	32,758
BUCKEYE PARTNERS L P	UNIT LTD PARTN	118230101	349	7,047	SH		OTR		0	0	7,047
CBS CORP NEW	CL B	124857202	604	10,233	SH		OTR		0	0	10,233
CBRE GROUP INC	CL A	12504L109	2,991	69,062	SH		OTR		0	0	69,062
CDK GLOBAL INC	COM	12508E101	373	5,227	SH		OTR		0	0	5,227
CSX CORP	COM	126408103	241	4,377	SH		OTR		0	0	4,377
CVS HEALTH CORP	COM	126650100	601	8,295	SH		OTR		0	0	8,295
CADIZ INC	COM NEW	127537207	3,196	224,300	SH		OTR		33,500	0	190,800
CANADIAN NAT RES LTD	COM	136385101	56,573	1,583,781	SH		OTR		4,000	0	1,579,781
CANTEL MEDICAL CORP	COM	138098108	257	2,500	SH		OTR		0	0	2,500
CASTLE BRANDS INC	COM	148435100	18	15,000	SH		OTR		0	0	15,000
CATERPILLAR INC DEL	COM	149123101	1,709	10,843	SH		OTR		0	0	10,843
CELGENE CORP	COM	151020104	5,973	57,231	SH		OTR		300	0	56,931
CENVEO INC	COM NEW	15670S402	22	24,885	SH		OTR		0	0	24,885
CHESAPEAKE ENERGY CORP	COM	165167107	1,368	345,500	SH		OTR		0	0	345,500
CHEVRON CORP NEW	COM	166764100	17,863	142,688	SH		OTR		116	0	142,572
CHURCH & DWIGHT INC	COM	171340102	385	7,680	SH		OTR		0	0	7,680
CIENA CORP	COM NEW	171779309	238	11,385	SH		OTR		0	0	11,385
CINCINNATI BELL INC NEW	PFD CV DEP1/20	171871403	1,336	26,200	SH		OTR		0	0	26,200
CISCO SYS INC	COM	17275R102	19,862	518,590	SH		OTR		8,322	0	510,268
CITIGROUP INC	COM NEW	172967424	12,216	164,173	SH		OTR		400	0	163,773
COCA COLA CO	COM	191216100	15,782	343,995	SH		OTR		2,000	0	341,995
COLGATE PALMOLIVE CO	COM	194162103	10,587	140,322	SH		OTR		0	0	140,322
COMCAST CORP NEW	CL A	20030N101	2,669	66,649	SH		OTR		4,000	0	62,649
CONCERT PHARMACEUTICALS INC	COM	206022105	34,008	1,314,562	SH		OTR		0	0	1,314,562
CONOCOPHILLIPS	Call	20825C104	362	6,600	SH	Call	OTR		0	0	6,600
CONOCOPHILLIPS	COM	20825C104	5,701	103,865	SH		OTR		0	0	103,865
CONSOLIDATED EDISON INC	COM	209115104	2,073	24,402	SH		OTR		0	0	24,402
CONTINENTAL MATLS CORP	COM PAR $0.25	211615307	319	16,790	SH		OTR		500	0	16,290
CONTRAVIR PHARMACEUTICALS IN	COM	21234W103	5	14,139	SH		OTR		0	0	14,139
COPART INC	COM	217204106	8,626	199,729	SH		OTR		11,390	0	188,339
CORCEPT THERAPEUTICS INC	COM	218352102	125,042	6,923,695	SH		OTR		73,826	0	6,849,869
CORNING INC	COM	219350105	1,275	39,863	SH		OTR		1,868	0	37,995
COSTCO WHSL CORP NEW	COM	22160K105	244	1,312	SH		OTR		0	0	1,312
COTY INC	COM CL A	222070203	1,006	50,575	SH		OTR		1,059	0	49,516
CREDIT ACCEP CORP MICH	COM	225310101	26,151	80,842	SH		OTR		8,800	0	72,042
CREDIT SUISSE GROUP	SPONSORED ADR	225401108	2,207	123,640	SH		OTR		0	0	123,640
CYRUSONE INC	COM	23283R100	833	14,000	SH		OTR		400	0	13,600
D R HORTON INC	COM	23331A109	498	9,750	SH		OTR		0	0	9,750
DTE ENERGY CO	COM	233331107	1,119	10,221	SH		OTR		0	0	10,221
DEERE & CO	COM	244199105	2,257	14,422	SH		OTR		0	0	14,422
DELTA AIR LINES INC DEL	Call	247361702	734	13,100	SH	Call	OTR		600	0	12,500
DELTA AIR LINES INC DEL	COM NEW	247361702	22,061	393,952	SH		OTR		6,800	0	387,152
DELUXE CORP	COM	248019101	1,809	23,542	SH		OTR		0	0	23,542
DEVON ENERGY CORP NEW	COM	25179M103	1,670	40,332	SH		OTR		0	0	40,332
DIAGEO P L C	SPON ADR NEW	25243Q205	1,826	12,506	SH		OTR		0	0	12,506
DISNEY WALT CO	COM DISNEY	254687106	6,244	58,076	SH		OTR		0	0	58,076
DOMINION ENERGY INC	COM	25746U109	5,092	62,813	SH		OTR		0	0	62,813
DOMTAR CORP	COM NEW	257559203	485	9,800	SH		OTR		0	0	9,800
DONALDSON INC	COM	257651109	389	7,950	SH		OTR		0	0	7,950
DOVER CORP	COM	260003108	540	5,350	SH		OTR		0	0	5,350
DOWDUPONT INC	COM	26078J100	7,905	111,000	SH		OTR		200	0	110,800
DUCOMMUN INC DEL	COM	264147109	7,196	252,931	SH		OTR		800	0	252,131
DUKE ENERGY CORP NEW	COM NEW	26441C204	2,584	30,726	SH		OTR		100	0	30,626
DURECT CORP	COM	266605104	7,929	8,601,204	SH		OTR		205,683	0	8,395,521
ETFS PLATINUM TR	SH BEN INT	26922V101	775	8,763	SH		OTR		1,000	0	7,763
EAGLE MATERIALS INC	COM	26969P108	234	2,069	SH		OTR		0	0	2,069
EASTGROUP PPTY INC	COM	277276101	265	3,000	SH		OTR		0	0	3,000
EASTMAN CHEM CO	COM	277432100	428	4,618	SH		OTR		0	0	4,618
EBAY INC	COM	278642103	1,859	49,260	SH		OTR		0	0	49,260
ECOLAB INC	COM	278865100	1,738	12,951	SH		OTR		0	0	12,951
EMERSON ELEC CO	COM	291011104	18,087	259,534	SH		OTR		2,150	0	257,384
ENBRIDGE INC	COM	29250N105	6,958	177,909	SH		OTR		2,000	0	175,909
ENTERPRISE PRODS PARTNERS L	COM	293792107	470	17,736	SH		OTR		0	0	17,736
EVERSOURCE ENERGY	COM	30040W108	314	4,969	SH		OTR		0	0	4,969
EXELON CORP	COM	30161N101	4,743	120,339	SH		OTR		0	0	120,339
EXXON MOBIL CORP	COM	30231G102	26,681	318,998	SH		OTR		1,300	0	317,698
FACEBOOK INC	CL A	30303M102	1,971	11,168	SH		OTR		0	0	11,168
FEDEX CORP	COM	31428X106	2,026	8,119	SH		OTR		0	0	8,119
FIDELITY NATL INFORMATION SV	COM	31620M106	262	2,780	SH		OTR		0	0	2,780
FIDELITY NATIONAL FINANCIAL	FNF GROUP COM	31620R303	637	16,231	SH		OTR		0	0	16,231
FITBIT INC	CL A	33812L102	140	24,550	SH		OTR		0	0	24,550
FLUOR CORP NEW	COM	343412102	279	5,402	SH		OTR		0	0	5,402
FORD MTR CO DEL	COM PAR $0.01	345370860	14,757	1,181,510	SH		OTR		20,300	0	1,161,210
FORTUNA SILVER MINES INC	COM	349915108	15,635	2,995,200	SH		OTR		25,000	0	2,970,200
FRANKLIN RES INC	COM	354613101	1,367	31,550	SH		OTR		0	0	31,550
FREEPORT-MCMORAN INC	CL B	35671D857	4,349	229,400	SH		OTR		0	0	229,400
G-III APPAREL GROUP LTD	COM	36237H101	6,789	184,036	SH		OTR		5,300	0	178,736
GENERAL ELECTRIC CO	COM	369604103	11,857	679,506	SH		OTR		0	0	679,506
GENERAL MLS INC	COM	370334104	14,943	252,031	SH		OTR		3,150	0	248,881
GENERAL MTRS CO	Call	37045V100	111	2,700	SH	Call	OTR		0	0	2,700
GENERAL MTRS CO	COM	37045V100	21,569	526,212	SH		OTR		9,300	0	516,912
GETTY RLTY CORP NEW	COM	374297109	13,761	506,667	SH		OTR		6,484	0	500,183
GILEAD SCIENCES INC	Call	375558103	688	9,600	SH	Call	OTR		0	0	9,600
GILEAD SCIENCES INC	COM	375558103	12,983	181,230	SH		OTR		3,200	0	178,030
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	1,825	51,444	SH		OTR		0	0	51,444
GOLD STD VENTURES CORP	COM	380738104	2,724	1,556,335	SH		OTR		0	0	1,556,335
GOLDCORP INC NEW	COM	380956409	5,656	442,915	SH		OTR		10,100	0	432,815
GOLDMAN SACHS GROUP INC	Call	38141G104	2,191	8,600	SH	Call	OTR		700	0	7,900
GOLDMAN SACHS GROUP INC	COM	38141G104	22,153	86,955	SH		OTR		600	0	86,355
GRAN TIERRA ENERGY INC	COM	38500T101	24,842	9,200,883	SH		OTR		214,000	0	8,986,883
GRAY TELEVISION INC	COM	389375106	1,244	74,252	SH		OTR		0	0	74,252
HCP INC	COM	40414L109	320	12,280	SH		OTR		0	0	12,280
HAIN CELESTIAL GROUP INC	COM	405217100	243	5,739	SH		OTR		0	0	5,739
HALLIBURTON CO	COM	406216101	578	11,823	SH		OTR		0	0	11,823
HERSHEY CO	COM	427866108	607	5,349	SH		OTR		0	0	5,349
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	2,953	205,640	SH		OTR		7,000	0	198,640
HEXCEL CORP NEW	COM	428291108	77,142	1,247,242	SH		OTR		1,400	0	1,245,842
HOME DEPOT INC	COM	437076102	20,157	106,351	SH		OTR		0	0	106,351
HONEYWELL INTL INC	COM	438516106	932	6,075	SH		OTR		0	0	6,075
HOWARD HUGHES CORP	COM	44267D107	4,915	37,444	SH		OTR		500	0	36,944
HUBBELL INC	COM	443510607	549	4,060	SH		OTR		0	0	4,060
HUGOTON RTY TR TEX	UNIT BEN INT	444717102	127	90,721	SH		OTR		0	0	90,721
ILLINOIS TOOL WKS INC	COM	452308109	1,983	11,885	SH		OTR		0	0	11,885
INTEL CORP	COM	458140100	7,618	165,045	SH		OTR		1,500	0	163,545
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	7,127	101,000	SH		OTR		575	0	100,425
INTERMOLECULAR INC	COM	45882D109	23	17,000	SH		OTR		0	0	17,000
INTERNATIONAL BUSINESS MACHS	COM	459200101	6,343	41,341	SH		OTR		900	0	40,441
INTERNATIONAL BUSINESS MACHS	Call	459200101	2,409	15,700	SH	Call	OTR		1,100	0	14,600
INTL PAPER CO	COM	460146103	3,662	63,199	SH		OTR		0	0	63,199
IRIDEX CORP	COM	462684101	191	25,015	SH		OTR		25,015	0	0
IRON MTN INC NEW	COM	46284V101	3,296	87,356	SH		OTR		6,051	0	81,305
ISHARES SILVER TRUST	ISHARES	46428Q109	195	12,198	SH		OTR		10,000	0	2,198
ISHARES GOLD TRUST	ISHARES	464285105	259	20,721	SH		OTR		0	0	20,721
ISHARES INC	MSCI CDA ETF	464286509	302	10,178	SH		OTR		0	0	10,178
ISHARES TR	TIPS BD ETF	464287176	676	5,924	SH		OTR		0	0	5,924
ISHARES TR	20 YR TR BD ETF	464287432	362	2,855	SH		OTR		0	0	2,855
ISHARES TR	1 3 YR TREAS BD	464287457	392	4,675	SH		OTR		0	0	4,675
ISHARES TR	NASDAQ BIOTECH	464287556	1,411	13,218	SH		OTR		0	0	13,218
ISHARES TR	RUS 1000 GRW ETF	464287614	284	2,108	SH		OTR		0	0	2,108
ISHARES TR	U.S. BAS MTL ETF	464287838	543	5,310	SH		OTR		0	0	5,310
ISHARES TR	1 3 YR CR BD ETF	464288646	1,943	18,584	SH		OTR		0	0	18,584
ISHARES TR	S&P US PFD STK	464288687	668	17,541	SH		OTR		0	0	17,541
ISHARES TR	US OIL GS EX ETF	464288851	691	10,645	SH		OTR		0	0	10,645
JPMORGAN CHASE & CO	COM	46625H100	36,437	340,721	SH		OTR		3,500	0	337,221
JOHNSON & JOHNSON	COM	478160104	25,447	182,131	SH		OTR		0	0	182,131
KELLOGG CO	COM	487836108	220	3,232	SH		OTR		0	0	3,232
KIMBERLY CLARK CORP	COM	494368103	3,742	31,010	SH		OTR		0	0	31,010
KINDER MORGAN INC DEL	COM	49456B101	1,739	96,224	SH		OTR		278	0	95,946
KLONDEX MNS LTD	COM	498696103	653	250,000	SH		OTR		0	0	250,000
KOHLS CORP	COM	500255104	260	4,800	SH		OTR		0	0	4,800
KORN FERRY INTL	COM NEW	500643200	1,022	24,694	SH		OTR		0	0	24,694
KRAFT HEINZ CO	COM	500754106	5,411	69,586	SH		OTR		0	0	69,586
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	254	1,590	SH		OTR		0	0	1,590
LEXINGTON REALTY TRUST	COM	529043101	133	13,734	SH		OTR		0	0	13,734
LILLY ELI & CO	COM	532457108	1,579	18,692	SH		OTR		0	0	18,692
LOWES COS INC	COM	548661107	993	10,689	SH		OTR		0	0	10,689
M & T BK CORP	COM	55261F104	391	2,289	SH		OTR		0	0	2,289
MDU RES GROUP INC	COM	552690109	778	28,956	SH		OTR		0	0	28,956
MAG SILVER CORP	COM	55903Q104	927	75,000	SH		OTR		0	0	75,000
MARATHON OIL CORP	COM	565849106	240	14,190	SH		OTR		0	0	14,190
MARATHON PETE CORP	COM	56585A102	3,394	51,437	SH		OTR		0	0	51,437
MASTERCARD INCORPORATED	CL A	57636Q104	2,262	14,943	SH		OTR		0	0	14,943
MCCORMICK & CO INC	COM NON VTG	579780206	370	3,635	SH		OTR		0	0	3,635
MCDONALDS CORP	COM	580135101	1,590	9,239	SH		OTR		291	0	8,948
MCKESSON CORP	COM	58155Q103	3,811	24,439	SH		OTR		15	0	24,424
MEDIFAST INC	COM	58470H101	4,748	68,007	SH		OTR		100	0	67,907
MERCK & CO INC	COM	58933Y105	19,354	343,943	SH		OTR		135	0	343,808
METHANEX CORP	COM	59151K108	13,774	227,488	SH		OTR		450	0	227,038
MICHAELS COS INC	COM	59408Q106	14,442	597,013	SH		OTR		11,300	0	585,713
MICRO FOCUS INTERNATIONAL PL	SPON ADR NEW	594837304	9,211	274,206	SH		OTR		5,761	0	268,445
MICROSOFT CORP	COM	594918104	31,578	369,166	SH		OTR		2,400	0	366,766
MID AMER APT CMNTYS INC	COM	59522J103	251	2,500	SH		OTR		0	0	2,500
MOBILE MINI INC	COM	60740F105	423	12,250	SH		OTR		0	0	12,250
MONDELEZ INTL INC	CL A	609207105	5,330	124,538	SH		OTR		0	0	124,538
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	1,929	108,353	SH		OTR		0	0	108,353
MOODYS CORP	COM	615369105	706	4,786	SH		OTR		0	0	4,786
MOSYS INC	COM NEW	619718208	200	180,600	SH		OTR		0	0	180,600
MUELLER INDS INC	COM	624756102	273	7,700	SH		OTR		0	0	7,700
MYRIAD GENETICS INC	COM	62855J104	1,686	49,099	SH		OTR		4,000	0	45,099
NATIONAL FUEL GAS CO N J	COM	636180101	483	8,800	SH		OTR		0	0	8,800
NETWORK 1 TECHNOLOGIES INC	COM	64121N109	24	10,000	SH		OTR		10,000	0	0
NEW GOLD INC CDA	COM	644535106	29,184	8,870,375	SH		OTR		0	0	8,870,375
NEW JERSEY RES	COM	646025106	581	14,444	SH		OTR		0	0	14,444
NEXTERA ENERGY INC	COM	65339F101	1,618	10,358	SH		OTR		0	0	10,358
NISOURCE INC	COM	65473P105	1,401	54,591	SH		OTR		0	0	54,591
NORFOLK SOUTHERN CORP	COM	655844108	811	5,599	SH		OTR		0	0	5,599
NORTHWEST NAT GAS CO	COM	667655104	1,073	17,983	SH		OTR		0	0	17,983
NOVARTIS A G	SPONSORED ADR	66987V109	6,718	80,010	SH		OTR		400	0	79,610
NU SKIN ENTERPRISES INC	CL A	67018T105	3,440	50,421	SH		OTR		2,500	0	47,921
NUVEEN MARYLAND QLT MUN INC	COM	67061Q107	138	11,000	SH		OTR		0	0	11,000
NUVEEN NEW YORK AMT QLT MUNI	COM	670656107	260	20,058	SH		OTR		0	0	20,058
NVIDIA CORP	COM	67066G104	1,001	5,173	SH		OTR		0	0	5,173
OGE ENERGY CORP	COM	670837103	3,943	119,802	SH		OTR		0	0	119,802
OCCIDENTAL PETE CORP DEL	COM	674599105	1,081	14,670	SH		OTR		600	0	14,070
OMEGA HEALTHCARE INVS INC	COM	681936100	1,149	41,710	SH		OTR		0	0	41,710
OMEROS CORP	COM	682143102	103,664	5,335,239	SH		OTR		33,059	0	5,302,180
ONE GAS INC	COM	68235P108	850	11,605	SH		OTR		0	0	11,605
ONEOK INC NEW	COM	682680103	9,567	178,982	SH		OTR		0	0	178,982
ORACLE CORP	COM	68389X105	20,332	430,028	SH		OTR		4,400	0	425,628
OWENS CORNING NEW	COM	690742101	407	4,425	SH		OTR		0	0	4,425
PBF ENERGY INC	CL A	69318G106	209	5,901	SH		OTR		0	0	5,901
PNC FINL SVCS GROUP INC	COM	693475105	338	2,341	SH		OTR		0	0	2,341
PARK CITY GROUP INC	COM NEW	700215304	333	34,875	SH		OTR		0	0	34,875
PARKER HANNIFIN CORP	COM	701094104	1,833	9,183	SH		OTR		0	0	9,183
PARKERVISION INC	COM NEW	701354300	333	314,200	SH		OTR		64,200	0	250,000
PARKERVISION INC	Call	701354300	74	70,000	SH	Call	OTR		70,000	0	0
PAYCHEX INC	COM	704326107	292	4,290	SH		OTR		0	0	4,290
PAYPAL HLDGS INC	COM	70450Y103	9,807	133,207	SH		OTR		200	0	133,007
PEMBINA PIPELINE CORP	COM	706327103	2,392	66,123	SH		OTR		0	0	66,123
PEPSICO INC	COM	713448108	14,608	121,814	SH		OTR		1,000	0	120,814
PFIZER INC	COM	717081103	22,631	624,834	SH		OTR		0	0	624,834
PHILIP MORRIS INTL INC	COM	718172109	3,238	30,648	SH		OTR		0	0	30,648
PHILLIPS 66	COM	718546104	5,335	52,741	SH		OTR		250	0	52,491
PINNACLE WEST CAP CORP	COM	723484101	652	7,650	SH		OTR		0	0	7,650
PIONEER NAT RES CO	COM	723787107	172,728	999,297	SH		OTR		75	0	999,222
POLAR PWR INC	COM	73102V105	275	54,900	SH		OTR		40,000	0	14,900
PROCTER AND GAMBLE CO	COM	742718109	35,189	382,986	SH		OTR		2,081	0	380,905
PUBLIC SVC ENTERPRISE GROUP	COM	744573106	472	9,171	SH		OTR		0	0	9,171
QUALCOMM INC	COM	747525103	1,051	16,419	SH		OTR		0	0	16,419
QUANTA SVCS INC	COM	74762E102	301	7,700	SH		OTR		0	0	7,700
QUARTERHILL INC	COM	747713105	75	40,833	SH		OTR		40,000	0	833
RPM INTL INC	COM	749685103	917	17,500	SH		OTR		0	0	17,500
RANGE RES CORP	COM	75281A109	8,652	507,144	SH		OTR		0	0	507,144
RAYTHEON CO	COM NEW	755111507	496	2,643	SH		OTR		0	0	2,643
REAVES UTIL INCOME FD	COM SH BEN INT	756158101	1,123	36,299	SH		OTR		0	0	36,299
REDHILL BIOPHARMA LTD	SPONSORED ADS	757468103	55	10,750	SH		OTR		0	0	10,750
REGENERON PHARMACEUTICALS	COM	75886F107	2,318	6,165	SH		OTR		0	0	6,165
REPUBLIC SVCS INC	COM	760759100	1,828	27,033	SH		OTR		0	0	27,033
ROPER TECHNOLOGIES INC	COM	776696106	18,241	70,430	SH		OTR		400	0	70,030
ROSS STORES INC	COM	778296103	321	3,999	SH		OTR		0	0	3,999
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	5,540	81,122	SH		OTR		35	0	81,087
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	1,092	16,366	SH		OTR		0	0	16,366
S&P GLOBAL INC	COM	78409V104	445	2,625	SH		OTR		0	0	2,625
SEI INVESTMENTS CO	COM	784117103	4,727	65,783	SH		OTR		5,000	0	60,783
SPDR S&P 500 ETF TR	TR UNIT	78462F103	901	3,377	SH		OTR		195	0	3,182
SPDR GOLD TRUST	GOLD SHS	78463V107	3,193	25,825	SH		OTR		8,900	0	16,925
SPDR SERIES TRUST	S&P OILGAS EXP	78464A730	1,102	29,640	SH		OTR		0	0	29,640
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	223	2,359	SH		OTR		0	0	2,359
SPDR SERIES TRUST	S&P 600 SML CAP	78464A813	231	1,740	SH		OTR		0	0	1,740
SAILPOINT TECHNLGIES HLDGS I	COM	78781P105	245	16,900	SH		OTR		0	0	16,900
SANDRIDGE ENERGY INC	COM NEW	80007P869	434	20,612	SH		OTR		0	0	20,612
SANOFI	SPONSORED ADR	80105N105	336	7,814	SH		OTR		300	0	7,514
SANOFI	RIGHT 12/31/2020	80105N113	6	15,000	SH		OTR		0	0	15,000
SCANA CORP NEW	COM	80589M102	507	12,742	SH		OTR		0	0	12,742
SCHLUMBERGER LTD	COM	806857108	1,564	23,210	SH		OTR		1,000	0	22,210
SCHWEITZER-MAUDUIT INTL INC	COM	808541106	758	16,700	SH		OTR		500	0	16,200
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	485	8,017	SH		OTR		0	0	8,017
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	1,443	17,456	SH		OTR		0	0	17,456
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	679	11,940	SH		OTR		0	0	11,940
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	1,688	17,100	SH		OTR		0	0	17,100
SELECT SECTOR SPDR TR	ENERGY	81369Y506	791	10,948	SH		OTR		0	0	10,948
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	3,045	109,102	SH		OTR		0	0	109,102
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	756	9,997	SH		OTR		0	0	9,997
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	3,743	58,525	SH		OTR		0	0	58,525
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	217	4,118	SH		OTR		0	0	4,118
SENIOR HSG PPTYS TR	SH BEN INT	81721M109	427	22,300	SH		OTR		0	0	22,300
SENOMYX INC	COM	81724Q107	14	11,000	SH		OTR		0	0	11,000
SHARPS COMPLIANCE CORP	COM	820017101	280	68,542	SH		OTR		0	0	68,542
SIERRA METALS INC	COM	82639W106	1,370	580,000	SH		OTR		0	0	580,000
SIMON PPTY GROUP INC NEW	COM	828806109	2,822	16,429	SH		OTR		0	0	16,429
SMTC CORP	COM NEW	832682207	19	10,000	SH		OTR		10,000	0	0
SMUCKER J M CO	COM NEW	832696405	991	7,978	SH		OTR		0	0	7,978
SOUTH JERSEY INDS INC	COM	838518108	351	11,240	SH		OTR		0	0	11,240
SOUTH ST CORP	COM	840441109	1,217	13,962	SH		OTR		0	0	13,962
SOUTHERN CO	COM	842587107	361	7,500	SH		OTR		0	0	7,500
SOUTHWEST AIRLS CO	COM	844741108	268	4,100	SH		OTR		0	0	4,100
STARBUCKS CORP	COM	855244109	236	4,113	SH		OTR		0	0	4,113
STATE STR CORP	COM	857477103	767	7,857	SH		OTR		787	0	7,070
STRATUS PPTYS INC	COM NEW	863167201	38,474	1,295,407	SH		OTR		55	0	1,295,352
STRAYER ED INC	COM	863236105	3,376	37,686	SH		OTR		0	0	37,686
STRYKER CORP	COM	863667101	2,187	14,127	SH		OTR		0	0	14,127
SUPERNUS PHARMACEUTICALS INC	COM	868459108	6,995	175,535	SH		OTR		0	0	175,535
SYNERGY PHARMACEUTICALS DEL	COM NEW	871639308	22	10,000	SH		OTR		0	0	10,000
SYSCO CORP	COM	871829107	279	4,595	SH		OTR		0	0	4,595
SYSTEMAX INC	COM	871851101	3,358	100,919	SH		OTR		3,000	0	97,919
TAPESTRY INC	COM	876030107	10,372	234,501	SH		OTR		2,700	0	231,801
TEXAS INSTRS INC	COM	882508104	1,336	12,788	SH		OTR		0	0	12,788
TEXAS PAC LD TR	SUB CTF PROP I T	882610108	502	1,125	SH		OTR		0	0	1,125
THERMO FISHER SCIENTIFIC INC	COM	883556102	397	2,092	SH		OTR		0	0	2,092
THOMSON REUTERS CORP	COM	884903105	787	18,061	SH		OTR		0	0	18,061
3M CO	COM	88579Y101	2,390	10,154	SH		OTR		0	0	10,154
TIME WARNER INC	COM NEW	887317303	8,884	97,121	SH		OTR		0	0	97,121
TITAN MACHY INC	COM	88830R101	241	11,366	SH		OTR		0	0	11,366
TORCHMARK CORP	COM	891027104	15,197	167,535	SH		OTR		0	0	167,535
TORTOISE ENERGY INFRA CORP	COM	89147L100	1,484	51,042	SH		OTR		0	0	51,042
TORTOISE PWR & ENERGY INFRAS	COM	89147X104	895	43,466	SH		OTR		0	0	43,466
TORTOISE MLP FD INC	COM	89148B101	369	21,019	SH		OTR		0	0	21,019
TOTAL S A	SPONSORED ADR	89151E109	1,232	22,279	SH		OTR		0	0	22,279
TRANSCANADA CORP	COM	89353D107	370	7,607	SH		OTR		0	0	7,607
TRAVELERS COMPANIES INC	COM	89417E109	273	2,012	SH		OTR		0	0	2,012
TRIBUNE MEDIA CO	CL A	896047503	458	10,795	SH		OTR		0	0	10,795
TRIPADVISOR INC	Call	896945201	3	100	SH	Call	OTR		0	0	100
TRIPADVISOR INC	COM	896945201	221	6,399	SH		OTR		0	0	6,399
TWITTER INC	COM	90184L102	270	11,230	SH		OTR		2,060	0	9,170
UGI CORP NEW	COM	902681105	337	7,175	SH		OTR		0	0	7,175
US BANCORP DEL	COM NEW	902973304	210	3,914	SH		OTR		0	0	3,914
UNILEVER PLC	SPON ADR NEW	904767704	12,387	223,831	SH		OTR		2,009	0	221,822
UNILEVER N V	N Y SHS NEW	904784709	5,457	96,890	SH		OTR		0	0	96,890
UNION PAC CORP	COM	907818108	9,659	72,030	SH		OTR		0	0	72,030
UNITED PARCEL SERVICE INC	CL B	911312106	570	4,780	SH		OTR		0	0	4,780
UNITED TECHNOLOGIES CORP	COM	913017109	23,447	183,794	SH		OTR		1,600	0	182,194
UNITEDHEALTH GROUP INC	COM	91324P102	381	1,727	SH		OTR		0	0	1,727
UNIVERSAL ELECTRS INC	COM	913483103	255	5,400	SH		OTR		0	0	5,400
UNIVERSAL HLTH SVCS INC	CL B	913903100	340	3,000	SH		OTR		0	0	3,000
URSTADT BIDDLE PPTYS INC	CL A	917286205	285	13,100	SH		OTR		0	0	13,100
VALERO ENERGY CORP NEW	COM	91913Y100	274	2,983	SH		OTR		0	0	2,983
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	655	13,420	SH		OTR		0	0	13,420
VANGUARD WORLD FDS	MATERIALS ETF	92204A801	689	5,041	SH		OTR		0	0	5,041
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	260	4,745	SH		OTR		0	0	4,745
VANTIV INC	CL A	92210H105	2,061	28,015	SH		OTR		0	0	28,015
VECTREN CORP	COM	92240G101	949	14,600	SH		OTR		0	0	14,600
VENTAS INC	COM	92276F100	4,783	79,703	SH		OTR		300	0	79,403
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	2,511	10,236	SH		OTR		0	0	10,236
VANGUARD INDEX FDS	REIT ETF	922908553	714	8,602	SH		OTR		0	0	8,602
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	447	3,366	SH		OTR		0	0	3,366
VERIZON COMMUNICATIONS INC	COM	92343V104	14,886	281,232	SH		OTR		789	0	280,443
VERISK ANALYTICS INC	COM	92345Y106	1,061	11,050	SH		OTR		0	0	11,050
VERMILION ENERGY INC	COM	923725105	753	20,732	SH		OTR		1,000	0	19,732
VISA INC	COM CL A	92826C839	2,787	24,443	SH		OTR		0	0	24,443
VODAFONE GROUP PLC NEW	SPONSORED ADR	92857W308	7,448	233,478	SH		OTR		70	0	233,408
VODAFONE GROUP PLC NEW	Call	92857W308	2,061	64,600	SH	Call	OTR		4,000	0	60,600
WEC ENERGY GROUP INC	COM	92939U106	280	4,210	SH		OTR		0	0	4,210
WADDELL & REED FINL INC	CL A	930059100	1,102	49,323	SH		OTR		0	0	49,323
WAL-MART STORES INC	COM	931142103	1,660	16,812	SH		OTR		0	0	16,812
WALGREENS BOOTS ALLIANCE INC	COM	931427108	1,149	15,827	SH		OTR		0	0	15,827
WASTE MGMT INC DEL	COM	94106L109	2,295	26,591	SH		OTR		0	0	26,591
WATERS CORP	COM	941848103	321	1,660	SH		OTR		0	0	1,660
WAYFAIR INC	CL A	94419L101	8,597	107,095	SH		OTR		3,500	0	103,595
WEBSTER FINL CORP CONN	COM	947890109	377	6,721	SH		OTR		0	0	6,721
WELLS FARGO CO NEW	COM	949746101	16,549	272,770	SH		OTR		1,300	0	271,470
WELLS FARGO CO NEW	Call	949746101	431	7,100	SH	Call	OTR		4,000	0	3,100
WELLS FARGO CO NEW	PERP PFD CNV A	949746804	1,123	857	SH		OTR		0	0	857
WELLTOWER INC	COM	95040Q104	1,239	19,432	SH		OTR		0	0	19,432
WEYERHAEUSER CO	COM	962166104	3,192	90,517	SH		OTR		0	0	90,517
WILLIAMS COS INC DEL	COM	969457100	63,503	2,082,748	SH		OTR		967	0	2,081,781
WORLD ACCEP CORP DEL	COM	981419104	6,546	81,089	SH		OTR		6,125	0	74,964
WPX ENERGY INC	COM	98212B103	1,299	92,346	SH		OTR		0	0	92,346
XCEL ENERGY INC	COM	98389B100	354	7,366	SH		OTR		0	0	7,366
YAMANA GOLD INC	COM	98462Y100	135	43,145	SH		OTR		0	0	43,145
YELP INC	CL A	985817105	3,860	91,986	SH		OTR		2,750	0	89,236
ZIMMER BIOMET HLDGS INC	COM	98956P102	1,570	13,008	SH		OTR		0	0	13,008
ZOETIS INC	CL A	98978V103	908	12,599	SH		OTR		200	0	12,399