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 5.5%	PFD	G0177J116	5,426	6,605	SH		SOLE		6,605	0	0
AMERICAN CAPITAL AGENCY CORP P	PFD	02503X303	724	28,200	SH		SOLE		28,200	0	0
BGC PARTNERS INC SR NTS 8.125%	PFD	05541T408	707	27,254	SH		SOLE		27,254	0	0
COLONY FINANCIAL INC SER A 8.5	PFD	19624R205	1,422	55,450	SH		SOLE		55,450	0	0
COLONY FINANCIAL INC SER B 7.5	PFD	19624R304	1,146	45,550	SH		SOLE		45,550	0	0
CORPORATE OFFICE PPTYS TR PFD	PFD	22002T884	262	10,100	SH		SOLE		10,100	0	0
GMAC CAP TR I SER 2 CPN-8.125%	PFD	361860208	2,754	108,400	SH		SOLE		108,400	0	0
GOLDMAN SACHS GROUP INC. PFD S	PFD	38148B504	1,534	56,605	SH		SOLE		56,605	0	0
GRAMERCY PROPERTY TRUST SER A	PFD	385002209	683	25,500	SH		SOLE		25,500	0	0
HERSHA HOSPITALITY TRUST SER D	PFD	427825609	499	19,650	SH		SOLE		19,650	0	0
KKR FINL HLDGS LLC PFD SER A L	PFD	48248A603	543	20,310	SH		SOLE		20,310	0	0
MORGAN STANLEY PRD G 6.625% 7-	PFD	61762V507	1,248	44,700	SH		SOLE		44,700	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66704R506	454	17,800	SH		SOLE		17,800	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66705V209	1,158	45,000	SH		SOLE		45,000	0	0
PEBBLEBROOK HOTEL TR PFD SER C	PFD	70509V407	500	19,300	SH		SOLE		19,300	0	0
PRIVATEBANCORP 10%	PFD	74272L208	688	26,126	SH		SOLE		26,126	0	0
REALTY INCOME CORP PREF F 6.62	PFD	756109807	412	15,800	SH		SOLE		15,800	0	0
STAG INDL INC CUM RED PRD SER	PFD	85254J409	969	36,000	SH		SOLE		36,000	0	0
STAG INDUSTRIAL INC 9%	PFD	85254J201	390	15,500	SH		SOLE		15,500	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	783	30,500	SH		SOLE		30,500	0	0
TEVA PHARMACEUTICAL 7%	PFD	M8769Q136	3,329	4,093	SH		SOLE		4,093	0	0
AETNA	COM	00817Y108	6,680	57,860	SH		SOLE		57,860	0	0
AIR LIQUIDE SA	COM	F01764103	609	5,684	SH		SOLE		5,684	0	0
AK STEEL HLDG CORP	COM	001547108	229	47,500	SH		SOLE		47,500	0	0
ALPHABET INC CL C	COM	02079K107	7,645	9,836	SH		SOLE		9,836	0	0
AMAZON.COM	COM	023135106	10,898	13,016	SH		SOLE		13,016	0	0
AMERICAN INTL GROUP INC. NEW	COM	026874784	237	4,000	SH		SOLE		4,000	0	0
ANADARKO PETROLEUM	COM	032511107	2,892	45,650	SH		SOLE		45,650	0	0
ANHEUSER-BUSCH INBEV-SPN ADR	COM	03524A108	447	3,400	SH		SOLE		3,400	0	0
APPLE	COM	037833100	11,123	98,388	SH		SOLE		98,388	0	0
ARAMARK	COM	03852U106	7,725	203,120	SH		SOLE		203,120	0	0
AT&T	COM	00206R102	462	11,379	SH		SOLE		11,379	0	0
BANK OF AMERICA	COM	060505104	7,111	454,350	SH		SOLE		454,350	0	0
BEARD	COM	07384R408	0	13,800	SH		SOLE		13,800	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	649	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	6,245	713,725	SH		SOLE		713,725	0	0
BLACKHAWK CAP GROUP BDC	COM	09236T103	0	24,000	SH		SOLE		24,000	0	0
BOEING	COM	097023105	329	2,500	SH		SOLE		2,500	0	0
BRITISH AMERICAN TOB-SP ADR	COM	110448107	638	5,000	SH		SOLE		5,000	0	0
BUREAU VERITAS SA	COM	F96888114	322	15,000	SH		SOLE		15,000	0	0
CBS CORP CL B	COM	124857202	10,171	185,799	SH		SOLE		185,799	0	0
CHOCOLADEFABRIKEN LINDT	COM	H49983184	260	45	SH		SOLE		45	0	0
CIGNA CORP COM	COM	125509109	1,759	13,500	SH		SOLE		13,500	0	0
CISCO SYSTEMS	COM	17275R102	6,211	195,820	SH		SOLE		195,820	0	0
CITIGROUP INC.	COM	172967424	5,016	106,205	SH		SOLE		106,205	0	0
COLONY CAPITAL, INC.	COM	19624R106	10,025	549,898	SH		SOLE		549,898	0	0
COMCAST CL A	COM	20030N101	4,643	69,990	SH		SOLE		69,990	0	0
COSTCO WHSL	COM	22160K105	480	3,150	SH		SOLE		3,150	0	0
CVS CAREMARK	COM	126650100	3,843	43,180	SH		SOLE		43,180	0	0
DANAHER CORP	COM	235851102	3,815	48,667	SH		SOLE		48,667	0	0
DANONE SPONSORED ADR	COM	23636T100	148	10,000	SH		SOLE		10,000	0	0
DELTA AIR LINES INC	COM	247361702	5,383	136,755	SH		SOLE		136,755	0	0
DIAGEO PLC	COM	25243Q205	528	4,550	SH		SOLE		4,550	0	0
DOLLAR GENERAL CORP	COM	256677105	4,169	59,572	SH		SOLE		59,572	0	0
ENTERPRISE PRODUCTION PARTNERS	COM	293792107	235	8,500	SH		SOLE		8,500	0	0
ESSILOR INTERNATIONAL	COM	F31668100	612	4,749	SH		SOLE		4,749	0	0
EXXON	COM	30231G102	315	3,605	SH		SOLE		3,605	0	0
FORTIVE CORP	COM	34959J108	1,926	37,837	SH		SOLE		37,837	0	0
FREEPORT MCMORAN, INC. CL B	COM	35671D857	728	67,000	SH		SOLE		67,000	0	0
FRESENIUS MEDICAL CARE-ADR	COM	358029106	359	8,200	SH		SOLE		8,200	0	0
GILEAD SCIENCES	COM	375558103	5,193	65,640	SH		SOLE		65,640	0	0
GRIFOLS SA /EUR/	COM	E8347C103	438	20,346	SH		SOLE		20,346	0	0
HONEYWELL INTL INC	COM	438516106	2,435	20,885	SH		SOLE		20,885	0	0
INCYTE	COM	45337C102	3,738	39,650	SH		SOLE		39,650	0	0
J C PENNEY INC	COM	708160106	394	42,700	SH		SOLE		42,700	0	0
JOHNSON & JOHNSON	COM	478160104	505	4,276	SH		SOLE		4,276	0	0
KINDER MORGAN INC	COM	49456B101	1,338	57,848	SH		SOLE		57,848	0	0
KITE PHARMA INC	COM	49803L109	2,184	39,100	SH		SOLE		39,100	0	0
LEXINGTON REALTY TR	COM	529043101	8,599	834,825	SH		SOLE		834,825	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	311	15,544	SH		SOLE		15,544	0	0
LIBERTY MEDIA CORP SIRIUSXM GR	COM	531229607	235	7,028	SH		SOLE		7,028	0	0
MCDONALDS	COM	580135101	237	2,052	SH		SOLE		2,052	0	0
MEDLEY CAP	COM	58503F106	1,171	153,500	SH		SOLE		153,500	0	0
MEMORIAL PRODUCTION PARTNERS L	COM	586048100	44	25,000	SH		SOLE		25,000	0	0
MERCK & CO INC	COM	58933Y105	2,315	37,100	SH		SOLE		37,100	0	0
MICROSOFT	COM	594918104	358	6,212	SH		SOLE		6,212	0	0
MONSANTO	COM	61166W101	429	4,200	SH		SOLE		4,200	0	0
NESTLE SA	COM	641069406	474	6,000	SH		SOLE		6,000	0	0
NEW MEDIA INVESTMENT GROUP INC	COM	64704V106	4,822	311,075	SH		SOLE		311,075	0	0
NEW SENIOR INVESTMENT GROUP IN	COM	648691103	5,630	487,850	SH		SOLE		487,850	0	0
NEW YORK COMMUNITY BANCORP	COM	649445103	1,605	112,800	SH		SOLE		112,800	0	0
NEWCASTLE INVESTMENT CORPORATI	COM	65105M603	217	47,900	SH		SOLE		47,900	0	0
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	312	7,500	SH		SOLE		7,500	0	0
OPKO HEALTH INC COM	COM	68375N103	275	26,000	SH		SOLE		26,000	0	0
ORASURE TECHNOLOGIES	COM	68554V108	120	15,000	SH		SOLE		15,000	0	0
PADDY POWER PLC	COM	G68673113	226	2,000	SH		SOLE		2,000	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	209	5,100	SH		SOLE		5,100	0	0
PERNOD-RICARD SA-UNSPON ADR	COM	714264207	264	11,200	SH		SOLE		11,200	0	0
PFIZER	COM	717081103	552	16,300	SH		SOLE		16,300	0	0
PHILIP MORRIS	COM	718172109	486	5,000	SH		SOLE		5,000	0	0
RECKITT BENCKISER-SPON ADR	COM	756255204	479	25,000	SH		SOLE		25,000	0	0
RESOURCE CAPITAL	COM	76120W708	216	16,875	SH		SOLE		16,875	0	0
ROCHE HOLDINGS LTD-SPONS ADR	COM	771195104	573	18,500	SH		SOLE		18,500	0	0
ROYAL BANK OF CANADA	COM	780087102	429	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	581	10,000	SH		SOLE		10,000	0	0
SGS SA	COM	818800104	417	18,700	SH		SOLE		18,700	0	0
SPDR GOLD TRUST	COM	78463V107	892	7,100	SH		SOLE		7,100	0	0
SPECTRA ENERGY CORP	COM	847560109	221	5,160	SH		SOLE		5,160	0	0
STAG INDUSTRIAL INC	COM	85254J102	672	27,400	SH		SOLE		27,400	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	3,983	176,875	SH		SOLE		176,875	0	0
TEVA PHARMACEUTICAL	COM	881624209	983	21,370	SH		SOLE		21,370	0	0
THL CREDIT INC	COM	872438106	2,281	239,350	SH		SOLE		239,350	0	0
TITAN ENERGY LLC	COM	88829M105	347	11,763	SH		SOLE		11,763	0	0
ULTRALIFE BATTERIES	COM	903899102	101	24,600	SH		SOLE		24,600	0	0
UNILEVER N V -NY SHARES	COM	904784709	599	13,000	SH		SOLE		13,000	0	0
VERIZON COMMUNICATIONS	COM	92343V104	436	8,381	SH		SOLE		8,381	0	0
VODAFONE GROUP PLC	COM	92857W308	2,716	93,160	SH		SOLE		93,160	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	3,299	40,915	SH		SOLE		40,915	0	0
WALT DISNEY COMPANY HOLDING	COM	254687106	344	3,703	SH		SOLE		3,703	0	0
WELLS FARGO	COM	949746101	509	11,500	SH		SOLE		11,500	0	0
WESTERN GAS PARTNERS	COM	958254104	1,680	30,525	SH		SOLE		30,525	0	0
WHITEWAVE FOODS COMPANY	COM	966244105	8,048	147,860	SH		SOLE		147,860	0	0