Shikiar Asset Management 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
Expires:	Oct 31, 2018
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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
ASSOCIATED BANC-CORP PFD STK S	PFD	045488202	342	12,400	SH		SOLE		12,400	0	0
BEAZER HOMES USA INC 7.5%	PFD	07556Q709	1,090	29,150	SH		SOLE		29,150	0	0
CITY NATIONAL CORP PFD SER D 6	PFD	17800X400	1,164	44,300	SH		SOLE		44,300	0	0
CLIFFS NATURAL RESOURCES 7%	PFD	18683K408	298	13,000	SH		SOLE		13,000	0	0
EXCEL TR INC 8.125% CUM PRF	PFD	30068C307	1,397	53,850	SH		SOLE		53,850	0	0
M&T CAP TR IV 8.5% GTD ENHANC	PFD	55292C203	2,880	110,759	SH		SOLE		110,759	0	0
MORGAN STANLEY 7.125%	PFD	61762V200	527	20,200	SH		SOLE		20,200	0	0
MORGAN STANLEY CAP 5.75%	PFD	617466206	676	30,200	SH		SOLE		30,200	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66704R506	495	20,700	SH		SOLE		20,700	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66705V209	1,551	66,550	SH		SOLE		66,550	0	0
PRIVATEBANCORP 10%	PFD	74272L208	2,116	82,000	SH		SOLE		82,000	0	0
REALTY INCOME CORP PREF F 6.62	PFD	756109807	294	12,300	SH		SOLE		12,300	0	0
RESOURCE CAPITAL PERF B 8.25%	PFD	76120W500	1,177	53,550	SH		SOLE		53,550	0	0
SANDRIDGE ENERGY INC 8.5%	PFD	80007P604	5,337	49,575	SH		SOLE		49,575	0	0
STAG INDUSTRIAL INC 9%	PFD	85254J201	242	9,100	SH		SOLE		9,100	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	512	24,600	SH		SOLE		24,600	0	0
STRATEGIC HOTEL CAP INC PFD SE	PFD	86272T403	318	13,400	SH		SOLE		13,400	0	0
STRATEGIC HOTEL CAP INC PFD SE	PFD	86272T502	278	11,700	SH		SOLE		11,700	0	0
ACCESS MIDSTREAM PARTNERS LP U	COM	00434L109	9,558	168,925	SH		SOLE		168,925	0	0
ALCOA	COM	013817101	345	32,500	SH		SOLE		32,500	0	0
AMERICAN INTERNATIONAL GROUP	COM	026874107	4,284	83,925	SH		SOLE		83,925	0	0
ANADARKO PETROLEUM	COM	032511107	6,840	86,230	SH		SOLE		86,230	0	0
APPLE	COM	037833100	7,540	13,440	SH		SOLE		13,440	0	0
AT&T	COM	00206R102	264	7,500	SH		SOLE		7,500	0	0
ATLAS RESOURCE PARTNERS LP	COM	04941A101	4,698	229,400	SH		SOLE		229,400	0	0
BANCO SANTANDER	COM	05964H105	544	60,000	SH		SOLE		60,000	0	0
BANK OF AMERICA	COM	060505104	4,629	297,300	SH		SOLE		297,300	0	0
BAXTER INTERNATIONAL	COM	071813109	1,315	18,910	SH		SOLE		18,910	0	0
BEARD	COM	07384R408	0	13,800	SH		SOLE		13,800	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	534	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	1,588	262,500	SH		SOLE		262,500	0	0
BLACKHAWK CAP GROUP BDC	COM	09236T103	0	24,000	SH		SOLE		24,000	0	0
BRISTOL MYERS SQUIBB	COM	110122108	229	4,300	SH		SOLE		4,300	0	0
CABLEVISION SYS	COM	12686C109	179	10,000	SH		SOLE		10,000	0	0
CALLAWAY GOLF CO	COM	131193104	428	50,750	SH		SOLE		50,750	0	0
CAPITAL ONE FINANCIAL	COM	14040H105	4,095	53,450	SH		SOLE		53,450	0	0
CATERPILLAR	COM	149123101	770	8,475	SH		SOLE		8,475	0	0
CHICAGO BRIDGE & IRON CO	COM	167250109	5,198	62,525	SH		SOLE		62,525	0	0
CIGNA CORP COM	COM	125509109	4,527	51,750	SH		SOLE		51,750	0	0
CITIGROUP INC.	COM	172967424	4,690	89,992	SH		SOLE		89,992	0	0
CITY NATIONAL	COM	178566105	428	5,400	SH		SOLE		5,400	0	0
COSTCO WHSL	COM	22160K105	417	3,500	SH		SOLE		3,500	0	0
DELTA AIRLINES INC	COM	247361702	2,544	92,600	SH		SOLE		92,600	0	0
DENBURY RES INC COM NEW	COM	247916208	1,643	100,000	SH		SOLE		100,000	0	0
DIRECT TV	COM	25490A309	4,317	62,512	SH		SOLE		62,512	0	0
EBAY	COM	278642103	3,093	56,375	SH		SOLE		56,375	0	0
ENTERCOM COMMUNICATIONS CORP C	COM	293639100	419	39,900	SH		SOLE		39,900	0	0
EXCEL	COM	30068C109	2,448	214,900	SH		SOLE		214,900	0	0
EXXON	COM	30231G102	850	8,400	SH		SOLE		8,400	0	0
FREEPORT MCMORAN	COM	35671D857	4,694	124,375	SH		SOLE		124,375	0	0
GENERAC HOLDINGS INC	COM	368736104	2,644	46,675	SH		SOLE		46,675	0	0
GENERAL MOTORS CO	COM	37045V100	4,238	103,703	SH		SOLE		103,703	0	0
GENWORTH FINL INC CL A	COM	37247D106	194	12,500	SH		SOLE		12,500	0	0
HOME LOAN SERVICING SOLUTIONS	COM	G6648D109	1,273	55,400	SH		SOLE		55,400	0	0
HONEYWELL INTL INC	COM	438516106	4,772	52,225	SH		SOLE		52,225	0	0
INCYTE	COM	45337C102	10,126	200,000	SH		SOLE		200,000	0	0
INTEL	COM	458140100	204	7,860	SH		SOLE		7,860	0	0
JOHNSON & JOHNSON	COM	478160104	256	2,800	SH		SOLE		2,800	0	0
JPMORGAN CHASE	COM	46625H100	1,187	20,300	SH		SOLE		20,300	0	0
KKR FINANCIAL HLDGS LLC COM	COM	48248A306	7,365	604,200	SH		SOLE		604,200	0	0
LEXINGTON REALTY TR	COM	529043101	5,329	521,950	SH		SOLE		521,950	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	544	18,544	SH		SOLE		18,544	0	0
LIBERTY MEDIA CORP. CL A	COM	531229102	514	3,514	SH		SOLE		3,514	0	0
LINC ENERGY	COM	Q5562Z103	298	300,000	SH		SOLE		300,000	0	0
LINN ENERGY	COM	536020100	317	10,300	SH		SOLE		10,300	0	0
MACYS	COM	55616P104	700	13,100	SH		SOLE		13,100	0	0
MANITOWOC INC	COM	563571108	417	17,900	SH		SOLE		17,900	0	0
MEDLEY CAP	COM	58503F106	1,794	129,500	SH		SOLE		129,500	0	0
MERCK & CO INC NEW COM	COM	58933Y105	5,370	107,300	SH		SOLE		107,300	0	0
MGM MIRAGE	COM	552953101	602	25,600	SH		SOLE		25,600	0	0
MORGAN STANLEY	COM	617446448	627	20,000	SH		SOLE		20,000	0	0
MYLAN	COM	628530107	3,971	91,500	SH		SOLE		91,500	0	0
NEW YORK COMMUNITY BANCORP	COM	649445103	5,949	353,050	SH		SOLE		353,050	0	0
NORTHSTAR REALTY FINANCE	COM	66704R100	918	68,275	SH		SOLE		68,275	0	0
OPKO HEALTH INC COM	COM	68375N103	308	36,500	SH		SOLE		36,500	0	0
ORACLE	COM	68389X105	251	6,550	SH		SOLE		6,550	0	0
ORASURE TECHNOLOGIES	COM	68554V108	660	105,000	SH		SOLE		105,000	0	0
PFIZER	COM	717081103	7,047	230,075	SH		SOLE		230,075	0	0
PITNEY BOWES INC	COM	724479100	474	20,350	SH		SOLE		20,350	0	0
QEP MIDSTREAM PARTNERS LP	COM	74735R115	817	35,200	SH		SOLE		35,200	0	0
QEP RESOURCES	COM	74733V100	2,809	91,650	SH		SOLE		91,650	0	0
RESOURCE AMERICA INC	COM	761195205	172	18,360	SH		SOLE		18,360	0	0
RESOURCE CAPITAL	COM	76120W302	1,444	243,500	SH		SOLE		243,500	0	0
RITE AID	COM	767754104	51	10,000	SH		SOLE		10,000	0	0
RR DONNELLEY & SONS CO	COM	257867101	1,287	63,450	SH		SOLE		63,450	0	0
RSTK CELLICON BIOTECH SER A	COM	150990448	0	100,000	SH		SOLE		100,000	0	0
RSTK FULCRUM PHARM	COM	359994217	0	20,000	SH		SOLE		20,000	0	0
RSTK TRIAD BIOTECHNOLOGY	COM	898994108	0	60,000	SH		SOLE		60,000	0	0
SANDRIDGE ENERGY	COM	80007P307	261	43,000	SH		SOLE		43,000	0	0
SPDR GOLD TRUST	COM	78463V107	673	5,800	SH		SOLE		5,800	0	0
STAG INDUSTRIAL INC	COM	85254J102	1,371	67,250	SH		SOLE		67,250	0	0
STAPLES	COM	855030102	4,137	260,350	SH		SOLE		260,350	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	3,359	121,275	SH		SOLE		121,275	0	0
TEREX	COM	880779103	506	12,050	SH		SOLE		12,050	0	0
TEVA PHARMACEUTICAL	COM	881624209	830	20,700	SH		SOLE		20,700	0	0
THL CREDIT INC	COM	872438106	1,176	71,300	SH		SOLE		71,300	0	0
TRIANGLE PETE	COM	89600B201	104	12,500	SH		SOLE		12,500	0	0
ULTRALIFE BATTERIES	COM	903899102	265	74,585	SH		SOLE		74,585	0	0
VF CORP	COM	918204108	249	4,000	SH		SOLE		4,000	0	0
VIROPHARMA	COM	928241108	6,107	122,500	SH		SOLE		122,500	0	0
VODAFONE GROUP PLC	COM	92857W209	9,428	239,825	SH		SOLE		239,825	0	0
WALGREEN	COM	931422109	4,839	84,250	SH		SOLE		84,250	0	0
WELLS FARGO	COM	949746101	4,027	88,700	SH		SOLE		88,700	0	0
WESTERN GAS PARTNERS	COM	958254104	3,733	60,510	SH		SOLE		60,510	0	0
WHITEWAVE FOODS COMPANY	COM	966244105	5,356	233,468	SH		SOLE		233,468	0	0
WYNN RESORTS	COM	983134107	4,117	21,200	SH		SOLE		21,200	0	0
ZIONS BANCORPORATION	COM	989701107	300	10,000	SH		SOLE		10,000	0	0
ALPHA NATURAL RESOURCES SR NT	CONV	02076XAA0	498	500,000	PRN		SOLE		500,000	0	0