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	5,072	6,085	SH		SOLE		6,085	0	0
AMERICAN CAPITAL AGENCY CORP P	PFD	02503X303	720	28,200	SH		SOLE		28,200	0	0
ASSOCIATED BANC-CORP PFD STK S	PFD	045488202	278	10,900	SH		SOLE		10,900	0	0
BGC PARTNERS INC SR NTS 8.125%	PFD	05541T408	727	27,000	SH		SOLE		27,000	0	0
COLONY FINANCIAL INC SER A 8.5	PFD	19624R205	1,740	68,225	SH		SOLE		68,225	0	0
COLONY FINANCIAL INC SER B 7.5	PFD	19624R304	1,147	46,050	SH		SOLE		46,050	0	0
GMAC CAP TR I SER 2 CPN-8.125%	PFD	361860208	2,301	92,700	SH		SOLE		92,700	0	0
GOLDMAN SACHS GROUP INC. PFD S	PFD	38148B504	1,284	47,605	SH		SOLE		47,605	0	0
GRAMERCY PROPERTY TRUST SER A	PFD	385002209	673	25,500	SH		SOLE		25,500	0	0
HERSHA HOSPITALITY TRUST SER D	PFD	427825609	506	20,000	SH		SOLE		20,000	0	0
KKR FINL HLDGS LLC PFD SER A L	PFD	48248A603	560	20,310	SH		SOLE		20,310	0	0
MORGAN STANLEY CAP 5.75%	PFD	617466206	737	29,000	SH		SOLE		29,000	0	0
MORGAN STANLEY PRD G 6.625% 7-	PFD	61762V507	1,277	46,700	SH		SOLE		46,700	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66704R506	471	18,875	SH		SOLE		18,875	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66705V209	1,291	52,100	SH		SOLE		52,100	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66704R605	204	8,150	SH		SOLE		8,150	0	0
PEBBLEBROOK HOTEL TR PFD SER C	PFD	70509V407	499	19,300	SH		SOLE		19,300	0	0
PRIVATEBANCORP 10%	PFD	74272L208	843	32,669	SH		SOLE		32,669	0	0
REALTY INCOME CORP PREF F 6.62	PFD	756109807	414	15,800	SH		SOLE		15,800	0	0
STAG INDL INC CUM RED PRD SER	PFD	85254J409	960	36,600	SH		SOLE		36,600	0	0
STAG INDUSTRIAL INC 9%	PFD	85254J201	425	16,500	SH		SOLE		16,500	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	785	30,400	SH		SOLE		30,400	0	0
TEVA PHARMACEUTICAL 7%	PFD	M8769Q136	3,430	4,148	SH		SOLE		4,148	0	0
AETNA	COM	00817Y108	8,516	69,730	SH		SOLE		69,730	0	0
AGENUS INC	COM	00847G705	40	10,000	SH		SOLE		10,000	0	0
AIR LIQUIDE SA	COM	F01764103	525	5,053	SH		SOLE		5,053	0	0
AK STEEL HLDG CORP	COM	001547108	221	47,500	SH		SOLE		47,500	0	0
ALPHABET INC CL C	COM	02079K107	7,045	10,179	SH		SOLE		10,179	0	0
AMAZON.COM	COM	023135106	9,149	12,785	SH		SOLE		12,785	0	0
AMERICAN INTL GROUP INC. NEW	COM	026874784	344	6,500	SH		SOLE		6,500	0	0
ANADARKO PETROLEUM	COM	032511107	2,426	45,550	SH		SOLE		45,550	0	0
ANHEUSER-BUSCH INBEV-SPN ADR	COM	03524A108	448	3,400	SH		SOLE		3,400	0	0
APPLE	COM	037833100	9,409	98,423	SH		SOLE		98,423	0	0
ARAMARK	COM	03852U106	7,656	229,085	SH		SOLE		229,085	0	0
AT&T	COM	00206R102	456	10,561	SH		SOLE		10,561	0	0
BANK OF AMERICA	COM	060505104	8,481	639,100	SH		SOLE		639,100	0	0
BEARD	COM	07384R408	0	13,800	SH		SOLE		13,800	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	651	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	5,730	657,850	SH		SOLE		657,850	0	0
BLACKHAWK CAP GROUP BDC	COM	09236T103	0	24,000	SH		SOLE		24,000	0	0
BOEING	COM	097023105	409	3,150	SH		SOLE		3,150	0	0
BRITISH AMERICAN TOB-SP ADR	COM	110448107	712	5,500	SH		SOLE		5,500	0	0
BUREAU VERITAS SA	COM	F96888114	315	15,000	SH		SOLE		15,000	0	0
CBS CORP CL B	COM	124857202	10,647	195,569	SH		SOLE		195,569	0	0
CELLFOR CL C VTG SHS	COM	151999950	0	100,000	SH		SOLE		100,000	0	0
CHOCOLADEFABRIKEN LINDT	COM	H49983184	267	45	SH		SOLE		45	0	0
CIGNA CORP COM	COM	125509109	2,029	15,850	SH		SOLE		15,850	0	0
CISCO SYSTEMS	COM	17275R102	3,072	107,070	SH		SOLE		107,070	0	0
CITIGROUP INC.	COM	172967424	5,097	120,239	SH		SOLE		120,239	0	0
COLONY CAPITAL, INC.	COM	19624R106	8,564	557,898	SH		SOLE		557,898	0	0
COMCAST CL A	COM	20030N101	3,876	59,450	SH		SOLE		59,450	0	0
COSTCO WHSL	COM	22160K105	471	3,000	SH		SOLE		3,000	0	0
CVS CAREMARK	COM	126650100	4,412	46,080	SH		SOLE		46,080	0	0
DANAHER CORP	COM	235851102	3,265	32,330	SH		SOLE		32,330	0	0
DELTA AIRLINES INC	COM	247361702	6,028	165,455	SH		SOLE		165,455	0	0
DIAGEO PLC	COM	25243Q205	514	4,550	SH		SOLE		4,550	0	0
DOLLAR GENERAL CORP	COM	256677105	5,773	61,410	SH		SOLE		61,410	0	0
ENTERPRISE PRODUCTION PARTNERS	COM	293792107	249	8,500	SH		SOLE		8,500	0	0
ESSILOR INTERNATIONAL	COM	F31668100	623	4,749	SH		SOLE		4,749	0	0
EXXON	COM	30231G102	310	3,305	SH		SOLE		3,305	0	0
FREEPORT MCMORAN, INC. CL B	COM	35671D857	746	67,000	SH		SOLE		67,000	0	0
FRESENIUS MEDICAL CARE-ADR	COM	358029106	357	8,200	SH		SOLE		8,200	0	0
GILEAD SCIENCES	COM	375558103	7,707	92,385	SH		SOLE		92,385	0	0
GRIFOLS SA /EUR/	COM	E8347C103	455	20,346	SH		SOLE		20,346	0	0
HONEYWELL INTL INC	COM	438516106	6,623	56,940	SH		SOLE		56,940	0	0
J C PENNEY INC	COM	708160106	468	52,700	SH		SOLE		52,700	0	0
JOHNSON & JOHNSON	COM	478160104	519	4,276	SH		SOLE		4,276	0	0
KINDER MORGAN INC	COM	49456B101	1,119	59,778	SH		SOLE		59,778	0	0
KITE PHARMA INC	COM	49803L109	1,975	39,500	SH		SOLE		39,500	0	0
LEXINGTON REALTY TR	COM	529043101	9,594	948,975	SH		SOLE		948,975	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	394	15,544	SH		SOLE		15,544	0	0
LIBERTY MEDIA CORP SIRIUSXM GR	COM	531229607	217	7,028	SH		SOLE		7,028	0	0
MCDONALDS	COM	580135101	211	1,752	SH		SOLE		1,752	0	0
MEDLEY CAP	COM	58503F106	519	77,500	SH		SOLE		77,500	0	0
MEMORIAL PRODUCTION PARTNERS L	COM	586048100	123	65,000	SH		SOLE		65,000	0	0
MERCK & CO INC	COM	58933Y105	2,443	42,400	SH		SOLE		42,400	0	0
MICROSOFT	COM	594918104	328	6,412	SH		SOLE		6,412	0	0
NESTLE SA	COM	641069406	464	6,000	SH		SOLE		6,000	0	0
NEW MEDIA INVESTMENT GROUP INC	COM	64704V106	5,466	302,475	SH		SOLE		302,475	0	0
NEW SENIOR INVESTMENT GROUP IN	COM	648691103	5,975	559,449	SH		SOLE		559,449	0	0
NEW YORK COMMUNITY BANCORP	COM	649445103	2,646	176,500	SH		SOLE		176,500	0	0
NEWCASTLE INVESTMENT CORPORATI	COM	65105M603	213	46,500	SH		SOLE		46,500	0	0
NIKE	COM	654106103	640	11,595	SH		SOLE		11,595	0	0
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	403	7,500	SH		SOLE		7,500	0	0
OPKO HEALTH INC COM	COM	68375N103	243	26,000	SH		SOLE		26,000	0	0
ORASURE TECHNOLOGIES	COM	68554V108	133	22,500	SH		SOLE		22,500	0	0
PADDY POWER PLC	COM	G68673113	441	4,224	SH		SOLE		4,224	0	0
PERNOD-RICARD SA-UNSPON ADR	COM	714264207	249	11,200	SH		SOLE		11,200	0	0
PFIZER	COM	717081103	363	10,300	SH		SOLE		10,300	0	0
PHILIP MORRIS	COM	718172109	509	5,000	SH		SOLE		5,000	0	0
PROCTER & GAMBLE	COM	742718109	240	2,831	SH		SOLE		2,831	0	0
RECKITT BENCKISER-SPON ADR	COM	756255204	610	30,000	SH		SOLE		30,000	0	0
RESOURCE CAPITAL	COM	76120W708	217	16,875	SH		SOLE		16,875	0	0
ROCHE HOLDINGS LTD-SPONS ADR	COM	771195104	610	18,500	SH		SOLE		18,500	0	0
ROYAL BANK OF CANADA	COM	780087102	410	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
SABMILLER PLC-SPONS ADR	COM	78572M105	585	10,000	SH		SOLE		10,000	0	0
SGS SA	COM	818800104	428	18,700	SH		SOLE		18,700	0	0
SPDR GOLD TRUST	COM	78463V107	734	5,800	SH		SOLE		5,800	0	0
STAG INDUSTRIAL INC	COM	85254J102	707	29,700	SH		SOLE		29,700	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	4,189	202,175	SH		SOLE		202,175	0	0
TEVA PHARMACEUTICAL	COM	881624209	849	16,895	SH		SOLE		16,895	0	0
THL CREDIT INC	COM	872438106	3,054	274,400	SH		SOLE		274,400	0	0
TRONC INC.	COM	89703P107	138	10,000	SH		SOLE		10,000	0	0
ULTRALIFE BATTERIES	COM	903899102	123	24,600	SH		SOLE		24,600	0	0
UNILEVER N V -NY SHARES	COM	904784709	732	15,600	SH		SOLE		15,600	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	3,360	40,345	SH		SOLE		40,345	0	0
WALT DISNEY COMPANY HOLDING	COM	254687106	279	2,853	SH		SOLE		2,853	0	0
WELLS FARGO	COM	949746101	957	20,225	SH		SOLE		20,225	0	0
WESTERN GAS PARTNERS	COM	958254104	1,712	33,975	SH		SOLE		33,975	0	0
WHITEWAVE FOODS COMPANY	COM	966244105	8,714	185,635	SH		SOLE		185,635	0	0