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
AGNC INVESTMENT CORP. SER B 7.	PFD	00123Q302	1,069	40,950	SH		SOLE		40,950	0	0
ALLERGAN PLC 5.5	PFD	G0177J116	1,479	1,705	SH		SOLE		1,705	0	0
AMERICAN TOWER CORP B 5.5	PFD	03027X407	215	1,770	SH		SOLE		1,770	0	0
BGC PARTNERS INC SR NTS 8.125	PFD	05541T408	1,197	46,704	SH		SOLE		46,704	0	0
COLONY NORTHSTAR INC 7.5 PFD	PFD	19625W807	1,176	44,600	SH		SOLE		44,600	0	0
COLONY NORTHSTAR INC PERP PFD	PFD	19625W872	664	26,000	SH		SOLE		26,000	0	0
COLONY NORTHSTAR INC. 8.5 PFD	PFD	19625W500	1,144	43,400	SH		SOLE		43,400	0	0
COLONY NORTHSTAR INC. 8.750 P	PFD	19625W609	261	9,650	SH		SOLE		9,650	0	0
COLONY NORTHSTAR INC. 8.875 P	PFD	19625W401	460	17,800	SH		SOLE		17,800	0	0
GMAC CAP TR I SER 2 CPN-8.125	PFD	361860208	3,261	124,450	SH		SOLE		124,450	0	0
GOLDMAN SACHS GROUP INC. PFD S	PFD	38148B504	1,704	62,105	SH		SOLE		62,105	0	0
GRAMERCY PROPERTY TRUST SER A	PFD	385002209	670	24,850	SH		SOLE		24,850	0	0
HERSHA HOSPITALITY TRUST SER D	PFD	427825609	692	27,400	SH		SOLE		27,400	0	0
KKR FINL HLDGS LLC PFD SER A L	PFD	48248A603	676	25,910	SH		SOLE		25,910	0	0
MORGAN STANLEY PRD G 6.625 7-	PFD	61762V507	1,301	47,500	SH		SOLE		47,500	0	0
PEBBLEBROOK HOTEL TR PFD SER C	PFD	70509V407	543	21,600	SH		SOLE		21,600	0	0
PRIVATEBANCORP 10	PFD	74272L208	591	23,418	SH		SOLE		23,418	0	0
STAG INDL INC CUM RED PRD SER	PFD	85254J409	878	33,000	SH		SOLE		33,000	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	770	30,200	SH		SOLE		30,200	0	0
TEVA PHARMACEUTICAL 7	PFD	M8769Q136	675	1,135	SH		SOLE		1,135	0	0
AETNA	COM	00817Y108	5,639	37,140	SH		SOLE		37,140	0	0
AGENUS INC	COM	00847G705	39	10,000	SH		SOLE		10,000	0	0
AK STEEL HLDG CORP	COM	001547108	411	62,500	SH		SOLE		62,500	0	0
ALIBABA GROUP HOLDINGS LTD	COM	01609W102	2,000	14,195	SH		SOLE		14,195	0	0
ALLY FINL INC COM	COM	02005N100	6,826	326,625	SH		SOLE		326,625	0	0
ALPHABET INC CL C	COM	02079K107	8,082	8,894	SH		SOLE		8,894	0	0
AMAZON.COM	COM	023135106	12,137	12,538	SH		SOLE		12,538	0	0
ANADARKO PETROLEUM	COM	032511107	3,541	78,100	SH		SOLE		78,100	0	0
APPLE	COM	037833100	13,307	92,398	SH		SOLE		92,398	0	0
ARAMARK	COM	03852U106	931	22,725	SH		SOLE		22,725	0	0
BANK OF AMERICA	COM	060505104	7,202	296,874	SH		SOLE		296,874	0	0
BEARD	COM	07384R408	0	13,800	SH		SOLE		13,800	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	764	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	7,501	593,400	SH		SOLE		593,400	0	0
BLACKHAWK CAP GROUP BDC	COM	09236T103	0	24,000	SH		SOLE		24,000	0	0
BRITISH AMERICAN TOB-SP ADR	COM	110448107	240	3,500	SH		SOLE		3,500	0	0
CANADA GOOSE HOLDINGS INC	COM	135086106	306	15,500	SH		SOLE		15,500	0	0
CARDINAL HEALTH	COM	14149Y108	4,184	53,690	SH		SOLE		53,690	0	0
CBS CORP CL B	COM	124857202	8,992	140,985	SH		SOLE		140,985	0	0
CHOCOLADEFABRIKEN LINDT	COM	H49983184	261	45	SH		SOLE		45	0	0
CIGNA CORP COM	COM	125509109	1,594	9,525	SH		SOLE		9,525	0	0
CISCO SYSTEMS	COM	17275R102	4,923	157,295	SH		SOLE		157,295	0	0
CITIGROUP INC COM NEW ISIN#US1	COM	172967424	6,804	101,739	SH		SOLE		101,739	0	0
COCA COLA COMPANY	COM	191216100	4,133	92,156	SH		SOLE		92,156	0	0
COCA-COLA EUROPEAN PARTNERS PL	COM	G25839104	203	5,000	SH		SOLE		5,000	0	0
COLONY NORTHSTAR INC. CL A	COM	19625W104	7,199	510,947	SH		SOLE		510,947	0	0
COMCAST CL A	COM	20030N101	5,096	130,925	SH		SOLE		130,925	0	0
COSTCO WHSL	COM	22160K105	536	3,350	SH		SOLE		3,350	0	0
DANAHER CORP	COM	235851102	4,773	56,562	SH		SOLE		56,562	0	0
DANONE SPONSORED ADR	COM	23636T100	307	20,427	SH		SOLE		20,427	0	0
DELTA AIR LINES INC	COM	247361702	3,894	72,455	SH		SOLE		72,455	0	0
DIAGEO PLC	COM	25243Q205	240	2,000	SH		SOLE		2,000	0	0
ENBRIDGE INC	COM	29250N105	202	5,077	SH		SOLE		5,077	0	0
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	230	8,500	SH		SOLE		8,500	0	0
ESSILOR INTERNATIONAL	COM	F31668100	254	2,000	SH		SOLE		2,000	0	0
EXXON	COM	30231G102	307	3,805	SH		SOLE		3,805	0	0
FORTIVE CORP	COM	34959J108	811	12,803	SH		SOLE		12,803	0	0
FREEPORT MCMORAN, INC. CL B	COM	35671D857	1,199	99,850	SH		SOLE		99,850	0	0
FRESENIUS MEDICAL CARE-ADR	COM	358029106	242	5,000	SH		SOLE		5,000	0	0
GAMING AND LEISURE PROPERTIES,	COM	36467J108	1,235	32,795	SH		SOLE		32,795	0	0
GASTAR EXPLORATION INC	COM	36729W202	19	20,000	SH		SOLE		20,000	0	0
GENERAL ELECTRIC	COM	369604103	3,389	125,475	SH		SOLE		125,475	0	0
HONEYWELL INTL INC	COM	438516106	831	6,235	SH		SOLE		6,235	0	0
INCYTE	COM	45337C102	4,630	36,775	SH		SOLE		36,775	0	0
ISHARES MSCI EAFE MINIMUM VOLA	COM	46429B689	229	3,313	SH		SOLE		3,313	0	0
ISHARES MSCI USA MINIMUM VOLAT	COM	46429B697	318	6,499	SH		SOLE		6,499	0	0
ISHARES TR NATL MUN BD ETF FD	COM	464288414	257	2,338	SH		SOLE		2,338	0	0
ISHARES TR SHORT-TERM NATL MUN	COM	464288158	827	7,818	SH		SOLE		7,818	0	0
J C PENNEY INC	COM	708160106	186	40,000	SH		SOLE		40,000	0	0
JOHNSON & JOHNSON	COM	478160104	592	4,476	SH		SOLE		4,476	0	0
KINDER MORGAN INC	COM	49456B101	475	24,810	SH		SOLE		24,810	0	0
KITE PHARMA INC	COM	49803L109	3,898	37,600	SH		SOLE		37,600	0	0
LEXINGTON REALTY TR	COM	529043101	5,706	575,800	SH		SOLE		575,800	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	381	15,544	SH		SOLE		15,544	0	0
LIBERTY MEDIA CORP SIRIUSXM GR	COM	531229607	293	7,028	SH		SOLE		7,028	0	0
MADRIGAL PHARMACEUTICALS INC	COM	558868105	246	15,141	SH		SOLE		15,141	0	0
MARATHON PETROLEUM CORP	COM	56585A102	6,462	123,480	SH		SOLE		123,480	0	0
MCDONALDS	COM	580135101	284	1,852	SH		SOLE		1,852	0	0
MCKESSON CORP	COM	58155Q103	3,030	18,415	SH		SOLE		18,415	0	0
MEDLEY CAP	COM	58503F106	390	61,000	SH		SOLE		61,000	0	0
MERCK & CO INC	COM	58933Y105	1,938	30,242	SH		SOLE		30,242	0	0
MICROSOFT	COM	594918104	525	7,612	SH		SOLE		7,612	0	0
MPLX LP	COM	55336V100	3,287	98,415	SH		SOLE		98,415	0	0
NESTLE SA	COM	641069406	305	3,500	SH		SOLE		3,500	0	0
NEW MEDIA INVESTMENT GROUP INC	COM	64704V106	4,332	321,400	SH		SOLE		321,400	0	0
NEW SENIOR INVESTMENT GROUP IN	COM	648691103	2,019	200,850	SH		SOLE		200,850	0	0
NEW YORK COMMUNITY BANCORP	COM	649445103	138	10,500	SH		SOLE		10,500	0	0
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	214	5,000	SH		SOLE		5,000	0	0
NVIDIA Corp	COM	67066G104	5,965	41,260	SH		SOLE		41,260	0	0
OFS CAPITAL CORP	COM	67103B100	357	24,950	SH		SOLE		24,950	0	0
OPKO HEALTH INC COM	COM	68375N103	253	38,500	SH		SOLE		38,500	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	7,587	141,365	SH		SOLE		141,365	0	0
PFIZER	COM	717081103	380	11,300	SH		SOLE		11,300	0	0
PHILIP MORRIS	COM	718172109	235	2,000	SH		SOLE		2,000	0	0
PRAXAIR	COM	74005p104	3,584	27,036	SH		SOLE		0	0	0
RAYTHEON	COM	755111507	325	2,010	SH		SOLE		2,010	0	0
RECKITT BENCKISER-SPON ADR	COM	756255204	207	10,000	SH		SOLE		10,000	0	0
RIO TINTO PLC	COM	767204100	670	15,825	SH		SOLE		15,825	0	0
RITE AID	COM	767754104	35	12,000	SH		SOLE		12,000	0	0
ROYAL BANK OF CANADA	COM	780087102	503	6,931	SH		SOLE		6,931	0	0
SPDR GOLD TRUST	COM	78463V107	248	2,100	SH		SOLE		2,100	0	0
SPDR SER BLOOMBERG BARCLAYS 1-	COM	78464A680	217	4,750	SH		SOLE		4,750	0	0
STAG INDUSTRIAL INC	COM	85254J102	558	20,200	SH		SOLE		20,200	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	2,843	126,970	SH		SOLE		126,970	0	0
THL CREDIT INC	COM	872438106	3,167	318,325	SH		SOLE		318,325	0	0
ULTRALIFE BATTERIES	COM	903899102	130	18,000	SH		SOLE		18,000	0	0
UNILEVER N V -NY SHARES	COM	904784709	332	6,000	SH		SOLE		6,000	0	0
UNITED TECHNOLOGIES	COM	913017109	7,179	58,795	SH		SOLE		58,795	0	0
VANECK VECTORS ETF TR HY MUN I	COM	92189F361	217	7,032	SH		SOLE		7,032	0	0
VERIZON COMMUNICATIONS	COM	92343V104	352	7,881	SH		SOLE		7,881	0	0
VODAFONE GROUP PLC	COM	92857W308	3,371	117,325	SH		SOLE		117,325	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	635	8,115	SH		SOLE		8,115	0	0
WALT DISNEY COMPANY HOLDING	COM	254687106	239	2,253	SH		SOLE		2,253	0	0
WESTERN GAS PARTNERS	COM	958254104	1,226	21,925	SH		SOLE		21,925	0	0