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
AMERICAN CAPITAL AGENCY CORP P	PFD	02503X303	639	25,700	SH		SOLE		25,700	0	0
ASSOCIATED BANC-CORP PFD STK S	PFD	045488202	301	10,900	SH		SOLE		10,900	0	0
ATLAS PIPELINE PARTNERS LP 8.2	PFD	049392301	772	30,150	SH		SOLE		30,150	0	0
BEAZER HOMES USA INC 7.5%	PFD	07556Q709	945	29,000	SH		SOLE		29,000	0	0
CITY NATIONAL CORP PFD SER D 6	PFD	17800X400	1,236	44,500	SH		SOLE		44,500	0	0
COLONY FINANCIAL INC SER A 8.5	PFD	19624R205	1,781	66,050	SH		SOLE		66,050	0	0
EXCEL TR INC 8.125% CUM PRF	PFD	30068C307	1,451	55,350	SH		SOLE		55,350	0	0
GRAMERCY PROPERTY TRUST SER A	PFD	38489R209	1,854	73,800	SH		SOLE		73,800	0	0
MORGAN STANLEY CAP 5.75%	PFD	617466206	731	29,200	SH		SOLE		29,200	0	0
MORGAN STANLEY PRD G 6.625% 7-	PFD	61762V507	631	24,700	SH		SOLE		24,700	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66704R506	693	27,000	SH		SOLE		27,000	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66705V209	1,716	67,550	SH		SOLE		67,550	0	0
PRIVATEBANCORP 10%	PFD	74272L208	2,089	78,650	SH		SOLE		78,650	0	0
REALTY INCOME CORP PREF F 6.62	PFD	756109807	322	12,300	SH		SOLE		12,300	0	0
RESOURCE CAPITAL PERF B 8.25%	PFD	76120W500	1,347	55,850	SH		SOLE		55,850	0	0
SANDRIDGE ENERGY INC 8.5%	PFD	80007P604	7,379	65,300	SH		SOLE		65,300	0	0
STAG INDUSTRIAL INC 9%	PFD	85254J201	282	10,200	SH		SOLE		10,200	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	710	28,900	SH		SOLE		28,900	0	0
STRATEGIC HOTEL CAP INC PFD SE	PFD	86272T403	1,031	40,800	SH		SOLE		40,800	0	0
STRATEGIC HOTEL CAP INC PFD SE	PFD	86272T502	352	14,100	SH		SOLE		14,100	0	0
100,000THS KINDER MORGAN MGMT	COM	EKE55U103	0	94,697	SH		SOLE		94,697	0	0
ACCESS MIDSTREAM PARTNERS LP U	COM	00434L109	9,645	151,775	SH		SOLE		151,775	0	0
AETNA	COM	00817Y108	6,440	79,425	SH		SOLE		79,425	0	0
AMERICAN AIRLINES GROUP	COM	02376R102	2,770	64,475	SH		SOLE		64,475	0	0
AMERICAN CAPITAL AGENCY CORP	COM	02503X105	1,129	48,211	SH		SOLE		48,211	0	0
AMERICAN INTERNATIONAL GROUP	COM	026874107	4,155	76,125	SH		SOLE		76,125	0	0
ANADARKO PETROLEUM	COM	032511107	8,846	80,805	SH		SOLE		80,805	0	0
APOLLO COMMERCIAL REAL ESTATE	COM	03762U105	264	16,000	SH		SOLE		16,000	0	0
APPLE	COM	037833100	8,819	94,895	SH		SOLE		94,895	0	0
ATLAS ENERGY LP	COM	04930A104	1,575	35,100	SH		SOLE		35,100	0	0
ATLAS PIPELINE L P UNIT LP PAR	COM	049392103	299	8,700	SH		SOLE		8,700	0	0
ATLAS RESOURCE PARTNERS LP	COM	04941A101	7,448	367,275	SH		SOLE		367,275	0	0
BANCO SANTANDER	COM	05964H105	1,441	138,278	SH		SOLE		138,278	0	0
BANK OF AMERICA	COM	060505104	4,654	302,800	SH		SOLE		302,800	0	0
BEARD	COM	07384R408	0	13,800	SH		SOLE		13,800	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	570	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	2,428	326,350	SH		SOLE		326,350	0	0
BLACKHAWK CAP GROUP BDC	COM	09236T103	0	24,000	SH		SOLE		24,000	0	0
BRISTOL MYERS SQUIBB	COM	110122108	209	4,300	SH		SOLE		4,300	0	0
CALLAWAY GOLF CO	COM	131193104	651	78,300	SH		SOLE		78,300	0	0
CAPITAL ONE FINANCIAL	COM	14040H105	1,962	23,750	SH		SOLE		23,750	0	0
CATERPILLAR	COM	149123101	725	6,675	SH		SOLE		6,675	0	0
CHICAGO BRIDGE & IRON CO	COM	167250109	351	5,150	SH		SOLE		5,150	0	0
CIGNA CORP COM	COM	125509109	3,913	42,550	SH		SOLE		42,550	0	0
CITIGROUP INC.	COM	172967424	3,975	84,396	SH		SOLE		84,396	0	0
CITY NATIONAL	COM	178566105	409	5,400	SH		SOLE		5,400	0	0
COLONY FINANCIAL INC	COM	19624R106	1,876	80,800	SH		SOLE		80,800	0	0
CONSTELLIUM NV	COM	N22035104	4,646	144,925	SH		SOLE		144,925	0	0
COSTCO WHSL	COM	22160K105	345	3,000	SH		SOLE		3,000	0	0
DELTA AIRLINES INC	COM	247361702	7,566	195,400	SH		SOLE		195,400	0	0
DIRECT TV	COM	25490A309	3,886	45,707	SH		SOLE		45,707	0	0
ENTERCOM COMMUNICATIONS CORP C	COM	293639100	339	31,600	SH		SOLE		31,600	0	0
EOG RES	COM	26875P101	234	2,000	SH		SOLE		2,000	0	0
EXCEL	COM	30068C109	4,002	300,221	SH		SOLE		300,221	0	0
EXXON	COM	30231G102	775	7,700	SH		SOLE		7,700	0	0
FREEPORT MCMORAN, INC. CL B	COM	35671D857	4,326	118,525	SH		SOLE		118,525	0	0
GASTAR EXPLORATION INC	COM	36729W202	87	10,000	SH		SOLE		10,000	0	0
GENERAC HOLDINGS INC	COM	368736104	2,114	43,375	SH		SOLE		43,375	0	0
GENWORTH FINL INC CL A	COM	37247D106	261	15,000	SH		SOLE		15,000	0	0
GRAY TELEVISION INC	COM	389375106	792	60,300	SH		SOLE		60,300	0	0
HONEYWELL INTL INC	COM	438516106	2,045	22,000	SH		SOLE		22,000	0	0
INVESCO MORTGAGE CAPITAL INC	COM	46131B100	312	18,000	SH		SOLE		18,000	0	0
JOHNSON & JOHNSON	COM	478160104	282	2,700	SH		SOLE		2,700	0	0
JPMORGAN CHASE	COM	46625H100	438	7,600	SH		SOLE		7,600	0	0
KINDER MORGAN INC	COM	49456B101	730	20,119	SH		SOLE		20,119	0	0
KINDER MORGAN MANAGEMENT LLC	COM	49455U100	3,294	41,729	SH		SOLE		41,729	0	0
KKR & CO. LP	COM	48248M102	6,565	269,820	SH		SOLE		269,820	0	0
LEXINGTON REALTY TR	COM	529043101	5,938	539,300	SH		SOLE		539,300	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	544	18,544	SH		SOLE		18,544	0	0
LIBERTY MEDIA CORP. CL A	COM	531229102	480	3,514	SH		SOLE		3,514	0	0
LINC ENERGY	COM	Q5562Z103	301	300,000	SH		SOLE		300,000	0	0
LINN ENERGY	COM	536020100	673	20,800	SH		SOLE		20,800	0	0
MACYS	COM	55616P104	748	12,900	SH		SOLE		12,900	0	0
MEDLEY CAP	COM	58503F106	2,901	222,150	SH		SOLE		222,150	0	0
MEMORIAL PRODUCTION PARTNERS L	COM	586048100	2,462	101,550	SH		SOLE		101,550	0	0
MERCK & CO INC NEW COM	COM	58933Y105	6,233	107,750	SH		SOLE		107,750	0	0
METLIFE	COM	59156R108	285	5,135	SH		SOLE		5,135	0	0
MGM MIRAGE	COM	552953101	546	20,700	SH		SOLE		20,700	0	0
MONITISE PLC	COM	G6258F105	115	221,500	SH		SOLE		221,500	0	0
MORGAN STANLEY	COM	617446448	323	10,000	SH		SOLE		10,000	0	0
MYLAN	COM	628530107	4,785	92,800	SH		SOLE		92,800	0	0
NAVIOS MARITIME PARTNERS LP	COM	Y62267102	855	44,000	SH		SOLE		44,000	0	0
NEW CASTLE INVESTMENT CORP	COM	65105M108	692	144,500	SH		SOLE		144,500	0	0
NEW MEDIA INVESTMENT GROUP INC	COM	64704V106	2,532	179,450	SH		SOLE		179,450	0	0
NEW YORK COMMUNITY BANCORP	COM	649445103	5,140	321,650	SH		SOLE		321,650	0	0
NEWS CORP	COM	65249B208	316	18,100	SH		SOLE		18,100	0	0
NORDIC AMERICAN OFFSHORE LTD	COM	Y6366T112	803	41,950	SH		SOLE		41,950	0	0
NORTHSTAR REALTY FINANCE	COM	66704R704	1,020	57,850	SH		SOLE		57,850	0	0
OPKO HEALTH INC COM	COM	68375N103	230	26,000	SH		SOLE		26,000	0	0
ORASURE TECHNOLOGIES	COM	68554V108	657	76,300	SH		SOLE		76,300	0	0
PFIZER	COM	717081103	3,471	116,950	SH		SOLE		116,950	0	0
PITNEY BOWES INC	COM	724479100	309	11,200	SH		SOLE		11,200	0	0
QEP MIDSTREAM PARTNERS LP	COM	74735R115	4,508	175,075	SH		SOLE		175,075	0	0
QEP RESOURCES	COM	74733V100	9,391	272,200	SH		SOLE		272,200	0	0
QR ENERGY LP	COM	74734R108	551	29,000	SH		SOLE		29,000	0	0
QUANTA SERVICES INC	COM	74762E102	2,194	63,450	SH		SOLE		63,450	0	0
RESOURCE AMERICA INC	COM	761195205	93	10,000	SH		SOLE		10,000	0	0
RESOURCE CAPITAL	COM	76120W302	1,725	306,350	SH		SOLE		306,350	0	0
RR DONNELLEY & SONS CO	COM	257867101	975	57,500	SH		SOLE		57,500	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	122	17,000	SH		SOLE		17,000	0	0
SPDR GOLD TRUST	COM	78463V107	640	5,000	SH		SOLE		5,000	0	0
STAG INDUSTRIAL INC	COM	85254J102	1,543	64,250	SH		SOLE		64,250	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	4,815	202,550	SH		SOLE		202,550	0	0
TEVA PHARMACEUTICAL	COM	881624209	587	11,200	SH		SOLE		11,200	0	0
THL CREDIT INC	COM	872438106	2,005	143,200	SH		SOLE		143,200	0	0
ULTRALIFE BATTERIES	COM	903899102	252	65,600	SH		SOLE		65,600	0	0
VF CORP	COM	918204108	252	4,000	SH		SOLE		4,000	0	0
WALGREEN	COM	931422109	6,342	85,550	SH		SOLE		85,550	0	0
WELLS FARGO	COM	949746101	2,489	47,350	SH		SOLE		47,350	0	0
WESTERN GAS PARTNERS	COM	958254104	4,325	56,550	SH		SOLE		56,550	0	0
WHITEWAVE FOODS COMPANY	COM	966244105	7,787	240,568	SH		SOLE		240,568	0	0
WHOLE FOODS MARKET	COM	966837106	425	11,000	SH		SOLE		11,000	0	0
WYNN RESORTS	COM	983134107	4,400	21,200	SH		SOLE		21,200	0	0
ALPHA NATURAL RESOURCES SR NT	CONV	02076XAA0	495	500,000	PRN		SOLE		500,000	0	0