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
Estimated average burden
hours per response:		23.8

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	4,269	4,645	SH		SOLE		4,645	0	0
AMERICAN CAPITAL AGENCY CORP P	PFD	02503X303	666	27,200	SH		SOLE		27,200	0	0
ASSOCIATED BANC-CORP PFD STK S	PFD	045488202	282	10,900	SH		SOLE		10,900	0	0
BGC PARTNERS INC SR NTS 8.125%	PFD	05541T408	496	19,000	SH		SOLE		19,000	0	0
COLONY FINANCIAL INC SER A 8.5	PFD	19624R205	1,719	68,525	SH		SOLE		68,525	0	0
COLONY FINANCIAL INC SER B 7.5	PFD	19624R304	1,129	46,350	SH		SOLE		46,350	0	0
GMAC CAP TR I SER 2 CPN-8.125%	PFD	361860208	1,071	43,700	SH		SOLE		43,700	0	0
GOLDMAN SACHS GROUP INC. PFD S	PFD	38148B504	775	29,605	SH		SOLE		29,605	0	0
GRAMERCY PROPERTY TRUST SER A	PFD	385002209	679	26,100	SH		SOLE		26,100	0	0
KKR FINL HLDGS LLC PFD SER A L	PFD	48248A603	438	16,300	SH		SOLE		16,300	0	0
MORGAN STANLEY CAP 5.75%	PFD	617466206	743	29,200	SH		SOLE		29,200	0	0
MORGAN STANLEY PRD G 6.625% 7-	PFD	61762V507	1,189	44,600	SH		SOLE		44,600	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66704R506	469	19,575	SH		SOLE		19,575	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66705V209	1,184	52,400	SH		SOLE		52,400	0	0
PEBBLEBROOK HOTEL TR PFD SER C	PFD	70509V407	459	17,800	SH		SOLE		17,800	0	0
PRIVATEBANCORP 10%	PFD	74272L208	874	32,815	SH		SOLE		32,815	0	0
REALTY INCOME CORP PREF F 6.62	PFD	756109807	333	12,800	SH		SOLE		12,800	0	0
STAG INDL INC CUM RED PRD SER	PFD	85254J409	809	30,600	SH		SOLE		30,600	0	0
STAG INDUSTRIAL INC 9%	PFD	85254J201	434	16,700	SH		SOLE		16,700	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	764	30,500	SH		SOLE		30,500	0	0
TEVA PHARMACEUTICAL 7%	PFD	M8769Q136	3,366	3,808	SH		SOLE		3,808	0	0
AETNA	COM	00817Y108	8,155	72,585	SH		SOLE		72,585	0	0
AGENUS INC	COM	00847G705	42	10,000	SH		SOLE		10,000	0	0
AIR LIQUIDE SA	COM	F01764103	569	5,053	SH		SOLE		5,053	0	0
AK STEEL HLDG CORP	COM	001547108	341	82,500	SH		SOLE		82,500	0	0
ALPHABET INC CL C	COM	02079K107	7,441	9,989	SH		SOLE		9,989	0	0
AMAZON.COM	COM	023135106	6,198	10,440	SH		SOLE		10,440	0	0
AMERICAN INTL GROUP INC. NEW	COM	026874784	2,730	50,500	SH		SOLE		50,500	0	0
ANADARKO PETROLEUM	COM	032511107	1,898	40,750	SH		SOLE		40,750	0	0
ANHEUSER-BUSCH INBEV-SPN ADR	COM	03524A108	424	3,400	SH		SOLE		3,400	0	0
APPLE	COM	037833100	9,382	86,080	SH		SOLE		86,080	0	0
ARAMARK	COM	03852U106	7,141	215,595	SH		SOLE		215,595	0	0
AT&T	COM	00206R102	418	10,661	SH		SOLE		10,661	0	0
ATLAS ENERGY GROUP, LLC	COM	04929Q102	8	15,112	SH		SOLE		15,112	0	0
ATLAS RESOURCE PARTNERS LP	COM	04941A101	53	70,000	SH		SOLE		70,000	0	0
BANK OF AMERICA	COM	060505104	8,487	627,750	SH		SOLE		627,750	0	0
BEARD	COM	07384R408	0	13,800	SH		SOLE		13,800	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	640	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	5,923	654,500	SH		SOLE		654,500	0	0
BLACKHAWK CAP GROUP BDC	COM	09236T103	0	24,000	SH		SOLE		24,000	0	0
BOEING	COM	097023105	1,244	9,800	SH		SOLE		9,800	0	0
BRITISH AMERICAN TOB-SP ADR	COM	110448107	818	7,000	SH		SOLE		7,000	0	0
BUREAU VERITAS SA	COM	F96888114	334	15,000	SH		SOLE		15,000	0	0
CAPITAL ONE FINANCIAL	COM	14040H105	211	3,050	SH		SOLE		3,050	0	0
CBS CORP CL B	COM	124857202	9,761	177,179	SH		SOLE		177,179	0	0
CHOCOLADEFABRIKEN LINDT	COM	H49983184	280	45	SH		SOLE		45	0	0
CIGNA CORP COM	COM	125509109	2,337	17,025	SH		SOLE		17,025	0	0
CITIGROUP INC.	COM	172967424	4,644	111,225	SH		SOLE		111,225	0	0
COLONY CAPITAL, INC.	COM	19624R106	8,210	489,573	SH		SOLE		489,573	0	0
COMCAST CL A	COM	20030N101	1,478	24,200	SH		SOLE		24,200	0	0
COSTCO WHSL	COM	22160K105	473	3,000	SH		SOLE		3,000	0	0
DELTA AIRLINES INC	COM	247361702	7,855	161,355	SH		SOLE		161,355	0	0
DIAGEO PLC	COM	25243Q205	491	4,550	SH		SOLE		4,550	0	0
DISNEY WALT COMPANY HOLDING	COM	254687106	278	2,797	SH		SOLE		2,797	0	0
DOLLAR GENERAL CORP	COM	256677105	5,522	64,510	SH		SOLE		64,510	0	0
ENTERPRISE PRDS PARTNERS LP	COM	293792107	209	8,500	SH		SOLE		8,500	0	0
ESSILOR INTERNATIONAL	COM	F31668100	587	4,749	SH		SOLE		4,749	0	0
EXXON	COM	30231G102	276	3,304	SH		SOLE		3,304	0	0
FREEPORT MCMORAN, INC. CL B	COM	35671D857	693	67,000	SH		SOLE		67,000	0	0
FRESENIUS MEDICAL CARE-ADR	COM	358029106	361	8,200	SH		SOLE		8,200	0	0
GILEAD SCIENCES	COM	375558103	6,590	71,735	SH		SOLE		71,735	0	0
GRIFOLS SA /EUR/	COM	E8347C103	453	20,346	SH		SOLE		20,346	0	0
HCA HOLDINGS, INC.	COM	40412C101	421	5,400	SH		SOLE		5,400	0	0
HONEYWELL INTL INC	COM	438516106	5,087	45,395	SH		SOLE		45,395	0	0
INCYTE	COM	45337C102	2,928	40,400	SH		SOLE		40,400	0	0
J C PENNEY INC	COM	708160106	559	50,500	SH		SOLE		50,500	0	0
JETBLUE AIRWAYS CORP	COM	477143101	433	20,500	SH		SOLE		20,500	0	0
JOHNSON & JOHNSON	COM	478160104	473	4,375	SH		SOLE		4,375	0	0
KINDER MORGAN INC	COM	49456B101	943	52,826	SH		SOLE		52,826	0	0
KITE PHARMA INC	COM	49803L109	1,676	36,500	SH		SOLE		36,500	0	0
LEXINGTON REALTY TR	COM	529043101	9,246	1,075,075	SH		SOLE		1,075,075	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	392	15,544	SH		SOLE		15,544	0	0
LIBERTY MEDIA CORP CL. C	COM	531229300	268	7,028	SH		SOLE		7,028	0	0
MACYS	COM	55616P104	3,832	86,910	SH		SOLE		86,910	0	0
MCDONALDS	COM	580135101	220	1,752	SH		SOLE		1,752	0	0
MEDLEY CAP	COM	58503F106	511	77,500	SH		SOLE		77,500	0	0
MEMORIAL PRODUCTION PARTNERS L	COM	586048100	160	75,000	SH		SOLE		75,000	0	0
MERCK & CO INC	COM	58933Y105	2,474	46,759	SH		SOLE		46,759	0	0
MICROSOFT	COM	594918104	354	6,412	SH		SOLE		6,412	0	0
NESTLE SA ADR	COM	641069406	597	8,000	SH		SOLE		8,000	0	0
NEW MEDIA INVESTMENT GROUP INC	COM	64704V106	4,594	276,075	SH		SOLE		276,075	0	0
NEW SENIOR INVESTMENT GROUP IN	COM	648691103	6,888	668,749	SH		SOLE		668,749	0	0
NEW YORK COMMUNITY BANCORP	COM	649445103	2,809	176,650	SH		SOLE		176,650	0	0
NEWCASTLE INVESTMENT CORPORATI	COM	65105M603	242	55,900	SH		SOLE		55,900	0	0
NIKE	COM	654106103	5,612	91,295	SH		SOLE		91,295	0	0
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	406	7,500	SH		SOLE		7,500	0	0
OPKO HEALTH INC COM	COM	68375N103	452	43,500	SH		SOLE		43,500	0	0
ORASURE TECHNOLOGIES	COM	68554V108	127	17,500	SH		SOLE		17,500	0	0
PADDY POWER PLC	COM	G68673113	590	4,224	SH		SOLE		4,224	0	0
PERNOD-RICARD SA-UNSPON ADR	COM	714264207	248	11,200	SH		SOLE		11,200	0	0
PERSIMMON PLC	COM	G70202109	333	11,102	SH		SOLE		11,102	0	0
PFIZER	COM	717081103	305	10,300	SH		SOLE		10,300	0	0
PHILIP MORRIS	COM	718172109	491	5,000	SH		SOLE		5,000	0	0
PROCTER & GAMBLE	COM	742718109	245	2,980	SH		SOLE		2,980	0	0
RECKITT BENCKISER-SPON ADR	COM	756255204	683	35,000	SH		SOLE		35,000	0	0
RESOURCE CAPITAL	COM	76120W708	190	16,875	SH		SOLE		16,875	0	0
ROCHE HOLDINGS LTD-SPONS ADR	COM	771195104	567	18,500	SH		SOLE		18,500	0	0
ROYAL BANK OF CANADA	COM	780087102	399	6,931	SH		SOLE		6,931	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
SABMILLER PLC-SPONS ADR	COM	78572M105	690	11,300	SH		SOLE		11,300	0	0
SGS SA	COM	818800104	393	18,700	SH		SOLE		18,700	0	0
SPDR GOLD TRUST	COM	78463V107	682	5,800	SH		SOLE		5,800	0	0
STAG INDUSTRIAL INC	COM	85254J102	605	29,700	SH		SOLE		29,700	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	3,228	170,525	SH		SOLE		170,525	0	0
TEVA PHARMACEUTICAL	COM	881624209	310	5,800	SH		SOLE		5,800	0	0
THL CREDIT INC	COM	872438106	2,927	270,300	SH		SOLE		270,300	0	0
ULTRALIFE BATTERIES	COM	903899102	126	24,600	SH		SOLE		24,600	0	0
UNILEVER NV	COM	904784709	809	18,100	SH		SOLE		18,100	0	0
UNIVERSAL AMERICAN	COM	91338E101	81	11,350	SH		SOLE		11,350	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	5,785	68,670	SH		SOLE		68,670	0	0
WELLS FARGO	COM	949746101	1,002	20,725	SH		SOLE		20,725	0	0
WESTERN GAS PARTNERS	COM	958254104	1,497	34,475	SH		SOLE		34,475	0	0
WHITEWAVE FOODS COMPANY	COM	966244105	7,954	195,730	SH		SOLE		195,730	0	0
WILLIAM HILL PLC	COM	G9645P117	94	20,000	SH		SOLE		20,000	0	0