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
AGNC INVESTMENT CORP. SER B 7.	PFD	00123Q302	741	28,500	SH		SOLE		28,500	0	0
ALLERGAN PLC 5.5	PFD	G0177J116	4,556	5,370	SH		SOLE		5,370	0	0
BGC PARTNERS INC SR NTS 8.125	PFD	05541T408	736	28,854	SH		SOLE		28,854	0	0
COLONY NORTHSTAR INC 7.5 PFD	PFD	19625W807	1,102	44,600	SH		SOLE		44,600	0	0
COLONY NORTHSTAR INC. 8.5 PFD	PFD	19625W500	1,120	43,400	SH		SOLE		43,400	0	0
COLONY NORTHSTAR INC. 8.50 PF	PFD	19625W708	1,249	49,550	SH		SOLE		49,550	0	0
COLONY NORTHSTAR INC. 8.750 P	PFD	19625W609	254	9,650	SH		SOLE		9,650	0	0
COLONY NORTHSTAR INC. 8.875 P	PFD	19625W401	457	17,800	SH		SOLE		17,800	0	0
CORPORATE OFFICE PPTYS TR PFD	PFD	22002T884	462	18,300	SH		SOLE		18,300	0	0
GMAC CAP TR I SER 2 CPN-8.125	PFD	361860208	3,132	123,150	SH		SOLE		123,150	0	0
GOLDMAN SACHS GROUP INC. PFD S	PFD	38148B504	1,622	61,005	SH		SOLE		61,005	0	0
GRAMERCY PROPERTY TRUST SER A	PFD	385002209	659	24,850	SH		SOLE		24,850	0	0
HERSHA HOSPITALITY TRUST SER D	PFD	427825609	529	21,050	SH		SOLE		21,050	0	0
KKR FINL HLDGS LLC PFD SER A L	PFD	48248A603	557	21,310	SH		SOLE		21,310	0	0
MORGAN STANLEY PRD G 6.625 7	PFD	61762V507	1,208	45,500	SH		SOLE		45,500	0	0
PEBBLEBROOK HOTEL TR PFD SER C	PFD	70509V407	525	20,800	SH		SOLE		20,800	0	0
PRIVATEBANCORP 10	PFD	74272L208	633	23,564	SH		SOLE		23,564	0	0
REALTY INCOME CORP PREF F 6.62	PFD	756109807	379	15,100	SH		SOLE		15,100	0	0
STAG INDL INC CUM RED PRD SER	PFD	85254J409	858	33,000	SH		SOLE		33,000	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	740	29,300	SH		SOLE		29,300	0	0
TEVA PHARMACEUTICAL 7	PFD	M8769Q136	842	1,460	SH		SOLE		1,460	0	0
AECOM TECHNOLOGY	COM	00766T100	240	6,750	SH		SOLE		6,750	0	0
AETNA	COM	00817Y108	5,134	40,250	SH		SOLE		40,250	0	0
AGENUS INC	COM	00847G705	38	10,000	SH		SOLE		10,000	0	0
AK STEEL HLDG CORP	COM	001547108	439	61,000	SH		SOLE		61,000	0	0
ALLERGAN INC	COM	G0177J108	211	885	SH		SOLE		885	0	0
ALLY FINANCIAL INC	COM	02005N100	3,232	158,975	SH		SOLE		158,975	0	0
ALPHABET INC CL C	COM	02079K107	7,378	8,894	SH		SOLE		8,894	0	0
AMAZON.COM	COM	023135106	11,204	12,638	SH		SOLE		12,638	0	0
AMERICAN AIRLINES GROUP	COM	02376R102	207	4,900	SH		SOLE		4,900	0	0
ANADARKO PETROLEUM	COM	032511107	5,339	86,105	SH		SOLE		86,105	0	0
APPLE	COM	037833100	13,796	96,033	SH		SOLE		96,033	0	0
ARAMARK	COM	03852U106	1,399	37,950	SH		SOLE		37,950	0	0
BANK OF AMERICA	COM	060505104	7,027	297,874	SH		SOLE		297,874	0	0
BEARD	COM	07384R408	0	13,800	SH		SOLE		13,800	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	750	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	7,841	690,200	SH		SOLE		690,200	0	0
BLACKHAWK CAP GROUP BDC	COM	09236T103	0	24,000	SH		SOLE		24,000	0	0
BRITISH AMERICAN TOB-SP ADR	COM	110448107	332	5,000	SH		SOLE		5,000	0	0
CBS CORP CL B	COM	124857202	10,599	152,809	SH		SOLE		152,809	0	0
CHANTICLEER HOLDINGS INC	COM	15930P404	4	11,000	SH		SOLE		11,000	0	0
CHOCOLADEFABRIKEN LINDT	COM	H49983184	256	45	SH		SOLE		45	0	0
CIGNA CORP COM	COM	125509109	1,505	10,275	SH		SOLE		10,275	0	0
CISCO SYSTEMS	COM	17275R102	5,060	149,700	SH		SOLE		149,700	0	0
CITIGROUP INC.	COM	172967424	5,618	93,914	SH		SOLE		93,914	0	0
COLONY NORTHSTAR INC. CL A	COM	19625W104	8,668	671,401	SH		SOLE		671,401	0	0
COMCAST CL A	COM	20030N101	4,975	132,350	SH		SOLE		132,350	0	0
COSTCO WHSL	COM	22160K105	562	3,350	SH		SOLE		3,350	0	0
CVS CAREMARK	COM	126650100	1,291	16,450	SH		SOLE		16,450	0	0
DANAHER CORP	COM	235851102	5,086	59,462	SH		SOLE		59,462	0	0
DANONE SPONSORED ADR	COM	23636T100	274	20,000	SH		SOLE		20,000	0	0
DELTA AIR LINES INC	COM	247361702	3,514	76,455	SH		SOLE		76,455	0	0
DIAGEO PLC	COM	25243Q205	231	2,000	SH		SOLE		2,000	0	0
DOLLAR GENERAL CORP	COM	256677105	3,061	43,897	SH		SOLE		43,897	0	0
ENBRIDGE INC	COM	29250N105	212	5,077	SH		SOLE		5,077	0	0
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	235	8,500	SH		SOLE		8,500	0	0
ESSILOR INTERNATIONAL	COM	F31668100	244	2,000	SH		SOLE		2,000	0	0
EXXON	COM	30231G102	320	3,905	SH		SOLE		3,905	0	0
FORTIVE CORP	COM	34959J108	2,283	37,916	SH		SOLE		37,916	0	0
FREEPORT MCMORAN, INC. CL B	COM	35671D857	1,157	86,600	SH		SOLE		86,600	0	0
FRESENIUS MEDICAL CARE-ADR	COM	358029106	211	5,000	SH		SOLE		5,000	0	0
GAMING AND LEISURE PROPERTIES,	COM	36467J108	802	23,985	SH		SOLE		23,985	0	0
GASTAR EXPLORATION INC	COM	36729W202	23	15,000	SH		SOLE		15,000	0	0
GENERAL ELECTRIC	COM	369604103	241	8,094	SH		SOLE		8,094	0	0
GILEAD SCIENCES	COM	375558103	818	12,050	SH		SOLE		12,050	0	0
HONEYWELL INTL INC	COM	438516106	935	7,485	SH		SOLE		7,485	0	0
INCYTE	COM	45337C102	5,407	40,450	SH		SOLE		40,450	0	0
J C PENNEY INC	COM	708160106	246	40,000	SH		SOLE		40,000	0	0
JOHNSON & JOHNSON	COM	478160104	557	4,476	SH		SOLE		4,476	0	0
KINDER MORGAN INC	COM	49456B101	1,568	72,119	SH		SOLE		72,119	0	0
KITE PHARMA INC	COM	49803L109	3,030	38,600	SH		SOLE		38,600	0	0
LEXINGTON REALTY TR	COM	529043101	6,439	645,175	SH		SOLE		645,175	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	311	15,544	SH		SOLE		15,544	0	0
LIBERTY MEDIA CORP SIRIUSXM GR	COM	531229607	273	7,028	SH		SOLE		7,028	0	0
MARATHON PETROLEUM CORP	COM	56585A102	5,808	114,910	SH		SOLE		114,910	0	0
MCDONALDS	COM	580135101	240	1,852	SH		SOLE		1,852	0	0
MCKESSON CORP	COM	58155Q103	5,283	35,630	SH		SOLE		35,630	0	0
MEDLEY CAP	COM	58503F106	1,027	133,500	SH		SOLE		133,500	0	0
MERCK & CO INC	COM	58933Y105	1,922	30,242	SH		SOLE		30,242	0	0
MICROSOFT	COM	594918104	501	7,612	SH		SOLE		7,612	0	0
MOLSON COORS BREWING CO CLASS	COM	60871R209	2,055	21,470	SH		SOLE		21,470	0	0
MONSANTO	COM	61166W101	226	2,000	SH		SOLE		2,000	0	0
MPLX LP	COM	55336V100	2,716	75,290	SH		SOLE		75,290	0	0
NESTLE SA	COM	641069406	346	4,500	SH		SOLE		4,500	0	0
NEW MEDIA INVESTMENT GROUP INC	COM	64704V106	4,723	332,350	SH		SOLE		332,350	0	0
NEW SENIOR INVESTMENT GROUP IN	COM	648691103	4,563	447,400	SH		SOLE		447,400	0	0
NEW YORK COMMUNITY BANCORP	COM	649445103	659	47,200	SH		SOLE		47,200	0	0
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	411	12,000	SH		SOLE		12,000	0	0
NVIDIA Corp	COM	67066G104	2,900	26,620	SH		SOLE		26,620	0	0
OFS CAPITAL CORP	COM	67103B100	284	20,000	SH		SOLE		20,000	0	0
OPKO HEALTH INC COM	COM	68375N103	308	38,500	SH		SOLE		38,500	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	219	5,100	SH		SOLE		5,100	0	0
PFIZER	COM	717081103	541	15,800	SH		SOLE		15,800	0	0
PHILIP MORRIS	COM	718172109	339	3,000	SH		SOLE		3,000	0	0
RAYTHEON	COM	755111507	287	1,885	SH		SOLE		1,885	0	0
RECKITT BENCKISER-SPON ADR	COM	756255204	186	10,000	SH		SOLE		10,000	0	0
RIO TINTO PLC	COM	767204100	739	18,175	SH		SOLE		18,175	0	0
ROCHE HOLDINGS LTD-SPONS ADR	COM	771195104	320	10,000	SH		SOLE		10,000	0	0
ROYAL BANK OF CANADA	COM	780087102	505	6,931	SH		SOLE		6,931	0	0
SGS SA	COM	818800104	213	10,000	SH		SOLE		10,000	0	0
SPDR GOLD TRUST	COM	78463V107	249	2,100	SH		SOLE		2,100	0	0
STAG INDUSTRIAL INC	COM	85254J102	505	20,200	SH		SOLE		20,200	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	3,854	170,700	SH		SOLE		170,700	0	0
THL CREDIT INC	COM	872438106	3,792	380,750	SH		SOLE		380,750	0	0
ULTRALIFE BATTERIES	COM	903899102	117	21,500	SH		SOLE		21,500	0	0
UNILEVER NV	COM	904784709	323	6,500	SH		SOLE		6,500	0	0
VERIZON COMMUNICATIONS	COM	92343V104	384	7,881	SH		SOLE		7,881	0	0
VODAFONE GROUP PLC	COM	92857W308	4,331	163,875	SH		SOLE		163,875	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	1,806	21,740	SH		SOLE		21,740	0	0
WALT DISNEY COMPANY HOLDING	COM	254687106	511	4,503	SH		SOLE		4,503	0	0
WESTERN GAS PARTNERS	COM	958254104	1,353	22,375	SH		SOLE		22,375	0	0
WHITEWAVE FOODS COMPANY	COM	966244105	4,053	72,190	SH		SOLE		72,190	0	0