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
AGNC INVESTMENT CORP. SER B 7	PFD	00123Q302	708	28,200	SH		SOLE		28,200	0	0
ALLERGAN PLC 5.5	PFD	G0177J116	4,743	6,220	SH		SOLE		6,220	0	0
BGC PARTNERS INC SR NTS 8.125	PFD	05541T408	700	27,254	SH		SOLE		27,254	0	0
COLONY FINANCIAL INC SER A 8.5	PFD	19624R205	1,282	50,750	SH		SOLE		50,750	0	0
COLONY FINANCIAL INC SER B 7.5	PFD	19624R304	1,124	45,550	SH		SOLE		45,550	0	0
CORPORATE OFFICE PPTYS TR PFD	PFD	22002T884	255	10,100	SH		SOLE		10,100	0	0
GMAC CAP TR I SER 2 CPN-8.125	PFD	361860208	2,765	108,850	SH		SOLE		108,850	0	0
GOLDMAN SACHS GROUP INC. PFD S	PFD	38148B504	1,500	57,505	SH		SOLE		57,505	0	0
GRAMERCY PROPERTY TRUST SER A	PFD	385002209	675	25,500	SH		SOLE		25,500	0	0
HERSHA HOSPITALITY TRUST SER D	PFD	427825609	444	19,850	SH		SOLE		19,850	0	0
KKR FINL HLDGS LLC PFD SER A L	PFD	48248A603	527	20,310	SH		SOLE		20,310	0	0
MORGAN STANLEY PRD G 6.625 7-	PFD	61762V507	1,124	44,000	SH		SOLE		44,000	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66704R506	455	17,800	SH		SOLE		17,800	0	0
NORTHSTAR REALTY FINANCE PREF	PFD	66705V209	1,105	43,400	SH		SOLE		43,400	0	0
PEBBLEBROOK HOTEL TR PFD SER C	PFD	70509V407	468	19,300	SH		SOLE		19,300	0	0
PRIVATEBANCORP 10	PFD	74272L208	626	23,564	SH		SOLE		23,564	0	0
REALTY INCOME CORP PREF F 6.62	PFD	756109807	380	15,100	SH		SOLE		15,100	0	0
STAG INDL INC CUM RED PRD SER	PFD	85254J409	847	33,000	SH		SOLE		33,000	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	731	29,300	SH		SOLE		29,300	0	0
TEVA PHARMACEUTICAL 7	PFD	M8769Q136	1,245	1,930	SH		SOLE		1,930	0	0
AETNA	COM	00817Y108	6,492	52,350	SH		SOLE		52,350	0	0
AIR LIQUIDE SA	COM	F01764103	334	3,000	SH		SOLE		3,000	0	0
AK STEEL HLDG CORP	COM	001547108	467	45,700	SH		SOLE		45,700	0	0
ALPHABET INC CL C	COM	02079K107	7,610	9,860	SH		SOLE		9,860	0	0
AMAZON.COM	COM	023135106	9,555	12,742	SH		SOLE		12,742	0	0
ANADARKO PETROLEUM	COM	032511107	6,477	92,880	SH		SOLE		92,880	0	0
ANHEUSER-BUSCH INBEV-SPN ADR	COM	03524A108	211	2,000	SH		SOLE		2,000	0	0
APPLE	COM	037833100	11,505	99,332	SH		SOLE		99,332	0	0
ARAMARK	COM	03852U106	6,575	184,070	SH		SOLE		184,070	0	0
BANK OF AMERICA	COM	060505104	7,729	349,724	SH		SOLE		349,724	0	0
BEARD	COM	07384R408	0	13,800	SH		SOLE		13,800	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	732	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	7,652	747,975	SH		SOLE		747,975	0	0
BLACKHAWK CAP GROUP BDC	COM	09236T103	0	24,000	SH		SOLE		24,000	0	0
BRITISH AMERICAN TOB-SP ADR	COM	110448107	394	3,500	SH		SOLE		3,500	0	0
CBS CORP CL B	COM	124857202	11,227	176,474	SH		SOLE		176,474	0	0
CHANTICLEER HOLDINGS INC	COM	15930P404	5	11,000	SH		SOLE		11,000	0	0
CHOCOLADEFABRIKEN LINDT	COM	H49983184	233	45	SH		SOLE		45	0	0
CIGNA CORP COM	COM	125509109	1,557	11,675	SH		SOLE		11,675	0	0
CISCO SYSTEMS	COM	17275R102	4,994	165,250	SH		SOLE		165,250	0	0
CITIGROUP INC.	COM	172967424	6,012	101,164	SH		SOLE		101,164	0	0
COLONY CAPITAL, INC.	COM	19624R106	10,871	536,849	SH		SOLE		536,849	0	0
COMCAST CL A	COM	20030N101	5,043	73,040	SH		SOLE		73,040	0	0
COSTCO WHSL	COM	22160K105	536	3,350	SH		SOLE		3,350	0	0
CVS CAREMARK	COM	126650100	5,395	68,365	SH		SOLE		68,365	0	0
DANAHER CORP	COM	235851102	4,855	62,372	SH		SOLE		62,372	0	0
DANONE SPONSORED ADR	COM	23636T100	252	20,000	SH		SOLE		20,000	0	0
DEERE and CO	COM	244199105	206	2,000	SH		SOLE		2,000	0	0
DELTA AIR LINES INC	COM	247361702	6,506	132,255	SH		SOLE		132,255	0	0
DIAGEO PLC	COM	25243Q205	416	4,000	SH		SOLE		4,000	0	0
DOLLAR GENERAL CORP	COM	256677105	4,629	62,497	SH		SOLE		62,497	0	0
DRIVE SHACK INC	COM	262077100	118	31,500	SH		SOLE		31,500	0	0
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	230	8,500	SH		SOLE		8,500	0	0
ESSILOR INTERNATIONAL	COM	F31668100	340	3,000	SH		SOLE		3,000	0	0
EXXON	COM	30231G102	352	3,905	SH		SOLE		3,905	0	0
FORTIVE CORP	COM	34959J108	2,351	43,835	SH		SOLE		43,835	0	0
FREEPORT MCMORAN, INC. CL B	COM	35671D857	1,268	96,100	SH		SOLE		96,100	0	0
FRESENIUS MEDICAL CARE-ADR	COM	358029106	253	6,000	SH		SOLE		6,000	0	0
GENERAL ELECTRIC	COM	369604103	237	7,500	SH		SOLE		7,500	0	0
GILEAD SCIENCES	COM	375558103	1,733	24,200	SH		SOLE		24,200	0	0
GRIFOLS SA /EUR/	COM	E8347C103	306	15,346	SH		SOLE		15,346	0	0
HONEYWELL INTL INC	COM	438516106	971	8,385	SH		SOLE		8,385	0	0
INCYTE	COM	45337C102	3,639	36,300	SH		SOLE		36,300	0	0
J C PENNEY INC	COM	708160106	420	50,500	SH		SOLE		50,500	0	0
JOHNSON & JOHNSON	COM	478160104	516	4,476	SH		SOLE		4,476	0	0
KINDER MORGAN INC	COM	49456B101	1,400	67,587	SH		SOLE		67,587	0	0
KITE PHARMA INC	COM	49803L109	2,090	46,600	SH		SOLE		46,600	0	0
LEXINGTON REALTY TR	COM	529043101	8,003	740,975	SH		SOLE		740,975	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	311	15,544	SH		SOLE		15,544	0	0
LIBERTY MEDIA CORP SIRIUSXM GR	COM	531229607	238	7,028	SH		SOLE		7,028	0	0
MCDONALDS	COM	580135101	250	2,052	SH		SOLE		2,052	0	0
MCKESSON CORP	COM	58155Q103	3,968	28,255	SH		SOLE		28,255	0	0
MEDLEY CAP	COM	58503F106	1,003	133,500	SH		SOLE		133,500	0	0
MERCK & CO INC	COM	58933Y105	1,778	30,200	SH		SOLE		30,200	0	0
MICROSOFT	COM	594918104	473	7,612	SH		SOLE		7,612	0	0
MOLSON COORS BREWING CO CLASS	COM	60871R209	4,906	50,420	SH		SOLE		50,420	0	0
MONSANTO	COM	61166W101	442	4,200	SH		SOLE		4,200	0	0
NESTLE SA ADR	COM	641069406	395	5,500	SH		SOLE		5,500	0	0
NEW MEDIA INVESTMENT GROUP INC	COM	64704V106	5,458	341,325	SH		SOLE		341,325	0	0
NEW SENIOR INVESTMENT GROUP IN	COM	648691103	4,509	460,600	SH		SOLE		460,600	0	0
NEW YORK COMMUNITY BANCORP	COM	649445103	1,236	77,700	SH		SOLE		77,700	0	0
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	430	12,000	SH		SOLE		12,000	0	0
OPKO HEALTH INC COM	COM	68375N103	242	26,000	SH		SOLE		26,000	0	0
ORASURE TECHNOLOGIES	COM	68554V108	132	15,000	SH		SOLE		15,000	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	201	5,100	SH		SOLE		5,100	0	0
PERNOD-RICARD SA-UNSPON ADR	COM	714264207	216	10,000	SH		SOLE		10,000	0	0
PFIZER	COM	717081103	513	15,800	SH		SOLE		15,800	0	0
PHILIP MORRIS	COM	718172109	320	3,500	SH		SOLE		3,500	0	0
RECKITT BENCKISER-SPON ADR	COM	756255204	336	20,000	SH		SOLE		20,000	0	0
ROCHE HOLDINGS LTD-SPONS ADR	COM	771195104	428	15,000	SH		SOLE		15,000	0	0
ROYAL BANK OF CANADA	COM	780087102	469	6,931	SH		SOLE		6,931	0	0
SGS SA	COM	818800104	304	15,000	SH		SOLE		15,000	0	0
SPDR GOLD TRUST	COM	78463V107	230	2,100	SH		SOLE		2,100	0	0
SPECTRA ENERGY CORP	COM	847560109	212	5,160	SH		SOLE		5,160	0	0
STAG INDUSTRIAL INC	COM	85254J102	602	25,200	SH		SOLE		25,200	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	3,733	170,075	SH		SOLE		170,075	0	0
TEVA PHARMACEUTICAL	COM	881624209	219	6,045	SH		SOLE		6,045	0	0
THL CREDIT INC	COM	872438106	3,160	315,700	SH		SOLE		315,700	0	0
ULTRALIFE BATTERIES	COM	903899102	122	24,600	SH		SOLE		24,600	0	0
UNILEVER NV	COM	904784709	308	7,500	SH		SOLE		7,500	0	0
VERIZON COMMUNICATIONS	COM	92343V104	431	8,081	SH		SOLE		8,081	0	0
VODAFONE GROUP PLC	COM	92857W308	5,537	226,665	SH		SOLE		226,665	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	2,650	32,015	SH		SOLE		32,015	0	0
WALT DISNEY COMPANY HOLDING	COM	254687106	469	4,503	SH		SOLE		4,503	0	0
WESTERN GAS PARTNERS	COM	958254104	1,374	23,375	SH		SOLE		23,375	0	0
WHITEWAVE FOODS COMPANY	COM	966244105	6,246	112,335	SH		SOLE		112,335	0	0