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
ALLERGAN PLC SER A 5.5%	PFD	G0177J116	3,580	3,795	SH		SOLE		3,795	0	0
AMERICAN CAPITAL AGENCY CORP P	PFD	02503X303	662	27,200	SH		SOLE		27,200	0	0
ASSOCIATED BANC-CORP PFD STK S	PFD	045488202	284	10,900	SH		SOLE		10,900	0	0
BGC PARTNERS INC SR NTS 8.125%	PFD	05541T408	210	7,800	SH		SOLE		7,800	0	0
CITY NATIONAL CORP PFD SER D 6	PFD	17800X400	907	31,700	SH		SOLE		31,700	0	0
COLONY FINANCIAL INC SER A 8.5	PFD	19624R205	1,730	67,725	SH		SOLE		67,725	0	0
COLONY FINANCIAL INC SER B 7.5	PFD	19624R304	1,176	47,550	SH		SOLE		47,550	0	0
GMAC CAP TR I SER 2 CPN-8.125%	PFD	361860208	610	23,900	SH		SOLE		23,900	0	0
GRAMERCY PROPERTY TRUST B 7.12	PFD	38489R506	635	24,900	SH		SOLE		24,900	0	0
KKR FINL HLDGS LLC PFD SER A L	PFD	48248A603	293	11,200	SH		SOLE		11,200	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	963	37,300	SH		SOLE		37,300	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66704R506	785	32,275	SH		SOLE		32,275	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66705V209	1,705	71,050	SH		SOLE		71,050	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66704R605	239	9,850	SH		SOLE		9,850	0	0
PRIVATEBANCORP 10%	PFD	74272L208	928	34,559	SH		SOLE		34,559	0	0
REALTY INCOME CORP PREF F 6.62	PFD	756109807	329	12,800	SH		SOLE		12,800	0	0
STAG INDUSTRIAL INC 9%	PFD	85254J201	472	17,800	SH		SOLE		17,800	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	749	30,900	SH		SOLE		30,900	0	0
AETNA	COM	00817Y108	7,821	71,485	SH		SOLE		71,485	0	0
AGENUS INC	COM	00847G705	48	10,500	SH		SOLE		10,500	0	0
ALLERGAN PLC	COM	G0177J108	9,248	34,025	SH		SOLE		34,025	0	0
ALPHABET INC.	COM	02079K107	5,750	9,450	SH		SOLE		9,450	0	0
AMERICAN AIRLINES GROUP	COM	02376R102	280	7,200	SH		SOLE		7,200	0	0
AMERICAN INTL GROUP INC. NEW	COM	026874784	3,082	54,250	SH		SOLE		54,250	0	0
ANADARKO PETROLEUM	COM	032511107	1,892	31,325	SH		SOLE		31,325	0	0
APOLLO COMMERCIAL REAL ESTATE	COM	03762U105	173	11,038	SH		SOLE		11,038	0	0
APPLE	COM	037833100	11,945	108,300	SH		SOLE		108,300	0	0
ARAMARK	COM	03852U106	2,093	70,600	SH		SOLE		70,600	0	0
AT&T	COM	00206R102	763	23,432	SH		SOLE		23,432	0	0
ATLAS ENERGY GROUP, LLC	COM	04929Q102	123	55,212	SH		SOLE		55,212	0	0
ATLAS RESOURCE PARTNERS LP	COM	04941A101	322	115,000	SH		SOLE		115,000	0	0
BANK OF AMERICA	COM	060505104	9,002	577,800	SH		SOLE		577,800	0	0
BEARD	COM	07384R408	0	13,800	SH		SOLE		13,800	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	586	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	4,424	538,200	SH		SOLE		538,200	0	0
BLACKHAWK CAP GROUP BDC	COM	09236T103	0	24,000	SH		SOLE		24,000	0	0
BOEING	COM	097023105	3,586	27,385	SH		SOLE		27,385	0	0
BREITBURN ENERGY PARTNERS	COM	106776107	50	24,640	SH		SOLE		24,640	0	0
CAPITAL ONE FINANCIAL	COM	14040H105	410	5,650	SH		SOLE		5,650	0	0
CBS CORP CL B	COM	124857202	7,218	180,895	SH		SOLE		180,895	0	0
CIGNA CORP COM	COM	125509109	2,859	21,175	SH		SOLE		21,175	0	0
CITIGROUP INC.	COM	172967424	4,828	97,313	SH		SOLE		97,313	0	0
CITY NATIONAL	COM	178566105	387	4,400	SH		SOLE		4,400	0	0
COLONY CAPITAL, INC.	COM	19624R106	10,116	517,173	SH		SOLE		517,173	0	0
COSTCO WHSL	COM	22160K105	434	3,000	SH		SOLE		3,000	0	0
DELTA AIRLINES INC	COM	247361702	7,325	163,250	SH		SOLE		163,250	0	0
DOLLAR GENERAL CORP	COM	256677105	4,382	60,485	SH		SOLE		60,485	0	0
EXXON	COM	30231G102	246	3,304	SH		SOLE		3,304	0	0
FREEPORT MCMORAN, INC. CL B	COM	35671D857	259	26,750	SH		SOLE		26,750	0	0
GILEAD SCIENCES	COM	375558103	10,686	108,825	SH		SOLE		108,825	0	0
HCA HOLDINGS, INC.	COM	40412C101	425	5,500	SH		SOLE		5,500	0	0
HONEYWELL INTL INC	COM	438516106	317	3,350	SH		SOLE		3,350	0	0
INCYTE	COM	45337C102	8,168	74,040	SH		SOLE		74,040	0	0
JETBLUE AIRWAYS CORP	COM	477143101	722	28,000	SH		SOLE		28,000	0	0
JOHNSON & JOHNSON	COM	478160104	261	2,800	SH		SOLE		2,800	0	0
KINDER MORGAN INC	COM	49456B101	974	35,198	SH		SOLE		35,198	0	0
KITE PHARMA INC	COM	49803L109	1,782	32,000	SH		SOLE		32,000	0	0
LEXINGTON REALTY TR	COM	529043101	5,638	696,025	SH		SOLE		696,025	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	408	15,544	SH		SOLE		15,544	0	0
LIBERTY MEDIA CORP CL. C	COM	531229300	242	7,028	SH		SOLE		7,028	0	0
LINC ENERGY	COM	Q5562Z103	16	300,000	SH		SOLE		300,000	0	0
MACYS	COM	55616P104	449	8,750	SH		SOLE		8,750	0	0
MEDLEY CAP	COM	58503F106	1,770	237,900	SH		SOLE		237,900	0	0
MEMORIAL PRODUCTION PARTNERS L	COM	586048100	387	80,500	SH		SOLE		80,500	0	0
MERCK & CO INC	COM	58933Y105	2,482	50,259	SH		SOLE		50,259	0	0
NEW MEDIA INVESTMENT GROUP INC	COM	64704V106	5,549	358,950	SH		SOLE		358,950	0	0
NEW SENIOR INVESTMENT GROUP IN	COM	648691103	3,622	346,300	SH		SOLE		346,300	0	0
NEW YORK COMMUNITY BANCORP	COM	649445103	3,398	188,150	SH		SOLE		188,150	0	0
NEWCASTLE INVESTMENT CORPORATI	COM	65105M603	268	61,100	SH		SOLE		61,100	0	0
OPKO HEALTH INC COM	COM	68375N103	273	32,500	SH		SOLE		32,500	0	0
ORASURE TECHNOLOGIES	COM	68554V108	149	33,500	SH		SOLE		33,500	0	0
PEP BOYS MANNY MOE & JACK	COM	713278109	402	33,000	SH		SOLE		33,000	0	0
RESOURCE CAPITAL	COM	76120W708	314	28,125	SH		SOLE		28,125	0	0
SPDR GOLD TRUST	COM	78463V107	620	5,800	SH		SOLE		5,800	0	0
STAG INDUSTRIAL INC	COM	85254J102	608	33,400	SH		SOLE		33,400	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	4,014	195,625	SH		SOLE		195,625	0	0
TEVA PHARMACEUTICAL	COM	881624209	311	5,500	SH		SOLE		5,500	0	0
THL CREDIT INC	COM	872438106	1,832	167,800	SH		SOLE		167,800	0	0
ULTRALIFE BATTERIES	COM	903899102	214	36,300	SH		SOLE		36,300	0	0
UNIVERSAL AMERICAN	COM	91338E101	78	11,350	SH		SOLE		11,350	0	0
VALEANT PHARMACEUTICALS INTERN	COM	91911K102	2,799	15,690	SH		SOLE		15,690	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	6,424	77,305	SH		SOLE		77,305	0	0
WALT DISNEY COMPANY HOLDING	COM	254687106	286	2,797	SH		SOLE		2,797	0	0
WELLS FARGO	COM	949746101	807	15,725	SH		SOLE		15,725	0	0
WESTERN GAS PARTNERS	COM	958254104	1,069	22,825	SH		SOLE		22,825	0	0
WHITEWAVE FOODS COMPANY	COM	966244105	8,968	223,360	SH		SOLE		223,360	0	0
WILLIAMS PARTNERS LP	COM	96949L105	311	9,742	SH		SOLE		9,742	0	0