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
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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 5.5%	PFD	G0177J116	4,466	4,340	SH		SOLE		4,340	0	0
AMERICAN CAPITAL AGENCY CORP P	PFD	02503X303	644	27,200	SH		SOLE		27,200	0	0
ASSOCIATED BANC-CORP PFD STK S	PFD	045488202	281	10,700	SH		SOLE		10,700	0	0
BGC PARTNERS INC SR NTS 8.125%	PFD	05541T408	347	12,900	SH		SOLE		12,900	0	0
COLONY FINANCIAL INC SER A 8.5	PFD	19624R205	1,704	68,225	SH		SOLE		68,225	0	0
COLONY FINANCIAL INC SER B 7.5	PFD	19624R304	1,139	46,550	SH		SOLE		46,550	0	0
GMAC CAP TR I SER 2 CPN-8.125%	PFD	361860208	857	33,800	SH		SOLE		33,800	0	0
GRAMERCY PROPERTY TRUST SER A	PFD	385002209	658	26,100	SH		SOLE		26,100	0	0
KKR FINL HLDGS LLC PFD SER A L	PFD	48248A603	343	12,900	SH		SOLE		12,900	0	0
MORGAN STANLEY CAP 5.75%	PFD	617466206	735	29,200	SH		SOLE		29,200	0	0
MORGAN STANLEY PRD G 6.625% 7-	PFD	61762V507	1,024	38,000	SH		SOLE		38,000	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66704R506	590	24,875	SH		SOLE		24,875	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66705V209	1,294	56,400	SH		SOLE		56,400	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66704R605	237	10,050	SH		SOLE		10,050	0	0
PRIVATEBANCORP 10%	PFD	74272L208	900	33,106	SH		SOLE		33,106	0	0
REALTY INCOME CORP PREF F 6.62	PFD	756109807	339	12,800	SH		SOLE		12,800	0	0
ROYAL BANK OF CANADA 6.75% PR	PFD	78013G501	983	33,558	SH		SOLE		33,558	0	0
STAG INDUSTRIAL INC 9%	PFD	85254J201	443	17,000	SH		SOLE		17,000	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	773	30,500	SH		SOLE		30,500	0	0
AETNA	COM	00817Y108	8,167	75,535	SH		SOLE		75,535	0	0
AGENUS INC	COM	00847G705	48	10,500	SH		SOLE		10,500	0	0
ALLERGAN INC	COM	G0177J108	1,566	5,010	SH		SOLE		5,010	0	0
ALPHABET INC CL C	COM	02079K107	7,364	9,704	SH		SOLE		9,704	0	0
AMERICAN AIRLINES GROUP	COM	02376R102	212	5,000	SH		SOLE		5,000	0	0
AMERICAN INTERNATIONAL GROUP	COM	026874107	3,359	54,200	SH		SOLE		54,200	0	0
ANADARKO PETROLEUM	COM	032511107	1,608	33,100	SH		SOLE		33,100	0	0
APOLLO COMMERCIAL REAL ESTATE	COM	03762U105	190	11,038	SH		SOLE		11,038	0	0
APPLE	COM	037833100	11,532	109,560	SH		SOLE		109,560	0	0
ARAMARK	COM	03852U106	6,226	193,050	SH		SOLE		193,050	0	0
AT&T	COM	00206R102	539	15,657	SH		SOLE		15,657	0	0
ATLAS ENERGY GROUP, LLC	COM	04929Q102	81	85,212	SH		SOLE		85,212	0	0
ATLAS RESOURCE PARTNERS LP	COM	04941A101	165	160,000	SH		SOLE		160,000	0	0
BANK OF AMERICA	COM	060505104	9,710	576,950	SH		SOLE		576,950	0	0
BEARD	COM	07384R408	0	13,800	SH		SOLE		13,800	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	593	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	6,151	627,000	SH		SOLE		627,000	0	0
BLACKHAWK CAP GROUP BDC	COM	09236T103	0	24,000	SH		SOLE		24,000	0	0
BOEING	COM	097023105	3,747	25,915	SH		SOLE		25,915	0	0
CAPITAL ONE FINANCIAL	COM	14040H105	249	3,450	SH		SOLE		3,450	0	0
CBS CORP CL B	COM	124857202	10,906	231,405	SH		SOLE		231,405	0	0
CELLFOR CL C VTG SHS	COM	151999950	0	100,000	SH		SOLE		100,000	0	0
CIGNA CORP COM	COM	125509109	3,186	21,775	SH		SOLE		21,775	0	0
CITIGROUP INC.	COM	172967424	4,974	96,112	SH		SOLE		96,112	0	0
COLONY CAPITAL, INC.	COM	19624R106	10,115	519,273	SH		SOLE		519,273	0	0
COSTCO WHSL	COM	22160K105	484	3,000	SH		SOLE		3,000	0	0
DELTA AIRLINES INC	COM	247361702	7,881	155,475	SH		SOLE		155,475	0	0
DISNEY WALT COMPANY HOLDING	COM	254687106	310	2,947	SH		SOLE		2,947	0	0
DOLLAR GENERAL CORP	COM	256677105	5,937	82,610	SH		SOLE		82,610	0	0
EXXON	COM	30231G102	258	3,304	SH		SOLE		3,304	0	0
FREEPORT MCMORAN, INC. CL B	COM	35671D857	309	45,600	SH		SOLE		45,600	0	0
GILEAD SCIENCES	COM	375558103	10,489	103,660	SH		SOLE		103,660	0	0
HCA HOLDINGS, INC.	COM	40412C101	446	6,600	SH		SOLE		6,600	0	0
HONEYWELL INTL INC	COM	438516106	347	3,350	SH		SOLE		3,350	0	0
INCYTE	COM	45337C102	7,994	73,714	SH		SOLE		258,714	0	0
J C PENNEY INC	COM	708160106	83	12,500	SH		SOLE		12,500	0	0
JETBLUE AIRWAYS CORP	COM	477143101	464	20,500	SH		SOLE		20,500	0	0
JOHNSON & JOHNSON	COM	478160104	288	2,800	SH		SOLE		2,800	0	0
KINDER MORGAN INC	COM	49456B101	604	40,456	SH		SOLE		40,456	0	0
KITE PHARMA INC	COM	49803L109	1,972	32,000	SH		SOLE		32,000	0	0
LEXINGTON REALTY TR	COM	529043101	7,908	988,500	SH		SOLE		988,500	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	425	15,544	SH		SOLE		15,544	0	0
LIBERTY MEDIA CORP CL. C	COM	531229300	268	7,028	SH		SOLE		7,028	0	0
LINC ENERGY	COM	Q5562Z103	28	300,000	SH		SOLE		300,000	0	0
MACYS	COM	55616P104	2,538	72,560	SH		SOLE		72,560	0	0
MEDLEY CAP	COM	58503F106	1,738	231,100	SH		SOLE		231,100	0	0
MEMORIAL PRODUCTION PARTNERS L	COM	586048100	218	82,500	SH		SOLE		82,500	0	0
MERCK & CO INC	COM	58933Y105	2,657	50,309	SH		SOLE		50,309	0	0
NEW MEDIA INVESTMENT GROUP INC	COM	64704V106	7,059	362,750	SH		SOLE		362,750	0	0
NEW SENIOR INVESTMENT GROUP IN	COM	648691103	5,804	588,649	SH		SOLE		588,649	0	0
NEW YORK COMMUNITY BANCORP	COM	649445103	3,038	186,150	SH		SOLE		186,150	0	0
NEWCASTLE INVESTMENT CORPORATI	COM	65105M603	262	64,099	SH		SOLE		64,099	0	0
NIKE	COM	654106103	3,591	57,450	SH		SOLE		57,450	0	0
OPKO HEALTH INC COM	COM	68375N103	337	33,500	SH		SOLE		33,500	0	0
ORASURE TECHNOLOGIES	COM	68554V108	161	25,000	SH		SOLE		25,000	0	0
RESOURCE CAPITAL	COM	76120W708	215	16,875	SH		SOLE		16,875	0	0
ROYAL BANK OF CANADA	COM	780087102	371	6,931	SH		SOLE		6,931	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
SPDR GOLD TRUST	COM	78463V107	588	5,800	SH		SOLE		5,800	0	0
STAG INDUSTRIAL INC	COM	85254J102	616	33,400	SH		SOLE		33,400	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	2,892	140,675	SH		SOLE		140,675	0	0
TEVA PHARMACEUTICAL	COM	881624209	361	5,500	SH		SOLE		5,500	0	0
THL CREDIT INC	COM	872438106	2,304	215,300	SH		SOLE		215,300	0	0
ULTRALIFE BATTERIES	COM	903899102	159	24,600	SH		SOLE		24,600	0	0
UNIVERSAL AMERICAN	COM	91338E101	79	11,350	SH		SOLE		11,350	0	0
WALGREENS BOOT ALLIANCE INC	COM	931427108	6,382	74,945	SH		SOLE		74,945	0	0
WELLS FARGO	COM	949746101	1,029	18,925	SH		SOLE		18,925	0	0
WESTERN GAS PARTNERS	COM	958254104	1,180	24,825	SH		SOLE		24,825	0	0
WHITEWAVE FOODS COMPANY	COM	966244105	7,708	198,105	SH		SOLE		198,105	0	0
WILLIAMS PARTNERS LP	COM	96949L105	222	7,962	SH		SOLE		7,962	0	0