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	2,089	80,850	SH		SOLE		80,650	0	0
AMERICAN TOWER CORP B 5.5	PFD	03027X407	219	1,740	SH		SOLE		1,740	0	0
BGC PARTNERS INC SR NTS 8.125	PFD	05541T408	1,413	54,544	SH		SOLE		53,504	0	0
CITIGROUP INC PFD SER K 6.875	PFD	172967341	1,093	38,300	SH		SOLE		38,200	0	0
COLONY NORTHSTAR INC 7.15 PFD	PFD	19625W872	933	37,050	SH		SOLE		36,250	0	0
COLONY NORTHSTAR INC 7.5 PFD	PFD	19625W807	1,084	43,100	SH		SOLE		43,100	0	0
COLONY NORTHSTAR INC. 8.5 PFD	PFD	19625W500	1,082	42,320	SH		SOLE		42,200	0	0
COLONY NORTHSTAR INC. 8.750 P	PFD	19625W609	203	7,650	SH		SOLE		7,650	0	0
GMAC CAP TR I SER 2 CPN-8.125	PFD	361860208	3,591	138,390	SH		SOLE		137,050	0	0
GOLDMAN SACHS GROUP INC. PFD S	PFD	38148B504	2,107	75,665	SH		SOLE		74,505	0	0
GRAMERCY PROPERTY TRUST SER A	PFD	385002209	906	33,650	SH		SOLE		33,650	0	0
HERSHA HOSPITALITY TRUST SER D	PFD	427825609	760	30,800	SH		SOLE		30,800	0	0
KEMPER CORP 7.375	PFD	488401209	885	33,950	SH		SOLE		33,150	0	0
KKR FINL HLDGS LLC PFD SER A L	PFD	48248A603	778	30,610	SH		SOLE		30,610	0	0
MORGAN STANLEY PRD G 6.625 7-	PFD	61762V507	1,844	69,050	SH		SOLE		68,450	0	0
PEBBLEBROOK HOTEL TR PFD SER C	PFD	70509V407	541	21,410	SH		SOLE		21,050	0	0
STAG INDL INC CUM RED PRD SER	PFD	85254J409	831	31,740	SH		SOLE		31,500	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	848	33,600	SH		SOLE		32,800	0	0
TELEPHONE & DATA SYS INC PFD 7	PFD	879433837	544	21,500	SH		SOLE		20,700	0	0
A SCHULMAN INC	COM	808194104	1,309	35,150	SH		SOLE		35,150	0	0
AETNA	COM	00817Y108	2,483	13,765	SH		SOLE		13,765	0	0
AK STEEL HLDG CORP	COM	001547108	524	92,500	SH		SOLE		92,500	0	0
ALIBABA GROUP HOLDINGS LTD	COM	01609W102	6,219	36,065	SH		SOLE		36,040	0	0
ALLY FINL INC COM	COM	02005N100	9,631	330,270	SH		SOLE		329,210	0	0
ALPHABET INC CL C	COM	02079K107	8,334	7,964	SH		SOLE		7,964	0	0
AMAZON.COM	COM	023135106	13,739	11,748	SH		SOLE		11,732	0	0
ANADARKO PETROLEUM	COM	032511107	855	15,945	SH		SOLE		15,945	0	0
APPLE	COM	037833100	15,109	89,278	SH		SOLE		89,243	0	0
ARAMARK	COM	03852U106	617	14,425	SH		SOLE		14,425	0	0
ATLAS AIR WORLDWIDE HOLDINGS I	COM	049164205	677	11,550	SH		SOLE		11,550	0	0
BANK OF AMERICA	COM	060505104	7,725	261,679	SH		SOLE		260,939	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	893	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	7,171	474,570	SH		SOLE		472,270	0	0
CANADA GOOSE HOLDINGS INC	COM	135086106	489	15,500	SH		SOLE		15,500	0	0
CBS CORP CL B	COM	124857202	9,825	166,520	SH		SOLE		165,770	0	0
CIGNA CORP COM	COM	125509109	1,838	9,050	SH		SOLE		9,050	0	0
CISCO SYSTEMS	COM	17275R102	4,479	116,950	SH		SOLE		116,950	0	0
CITIGROUP INC	COM	172967424	7,956	106,919	SH		SOLE		106,419	0	0
COCA COLA COMPANY	COM	191216100	5,944	129,546	SH		SOLE		129,396	0	0
COMCAST CL A	COM	20030N101	7,113	177,600	SH		SOLE		176,940	0	0
COSTCO WHSL	COM	22160K105	624	3,350	SH		SOLE		3,350	0	0
CREDIT SUISSE GROUP	COM	225401108	184	10,315	SH		SOLE		10,315	0	0
DANAHER CORP	COM	235851102	4,788	51,582	SH		SOLE		51,462	0	0
DELTA AIR LINES INC	COM	247361702	3,547	63,345	SH		SOLE		63,345	0	0
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	225	8,500	SH		SOLE		8,500	0	0
EXXON	COM	30231G102	293	3,505	SH		SOLE		3,505	0	0
FREEPORT MCMORAN, INC. CL B	COM	35671D857	1,040	54,850	SH		SOLE		54,850	0	0
GAMING AND LEISURE PROPERTIES,	COM	36467J108	1,645	44,455	SH		SOLE		44,135	0	0
GASTAR EXPLORATION INC	COM	36729W202	21	20,000	SH		SOLE		20,000	0	0
GENERAL ELECTRIC	COM	369604103	689	39,500	SH		SOLE		39,500	0	0
HONEYWELL INTL INC	COM	438516106	840	5,475	SH		SOLE		5,475	0	0
INCYTE	COM	45337C102	1,785	18,850	SH		SOLE		18,850	0	0
J C PENNEY INC	COM	708160106	79	25,000	SH		SOLE		25,000	0	0
JOHNSON & JOHNSON	COM	478160104	727	5,201	SH		SOLE		5,201	0	0
LEXINGTON REALTY TR	COM	529043101	5,215	540,450	SH		SOLE		539,050	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	380	15,544	SH		SOLE		15,544	0	0
LIBERTY MEDIA CORP SIRIUSXM GR	COM	531229607	279	7,028	SH		SOLE		7,028	0	0
MADRIGAL PHARMACEUTICALS INC	COM	558868105	2,124	23,141	SH		SOLE		23,141	0	0
MARATHON PETROLEUM CORP	COM	56585A102	6,913	104,780	SH		SOLE		104,780	0	0
MCDONALDS	COM	580135101	319	1,852	SH		SOLE		1,852	0	0
MEDLEY CAP	COM	58503F106	52	10,000	SH		SOLE		10,000	0	0
MERCK & CO INC	COM	58933Y105	1,657	29,442	SH		SOLE		29,442	0	0
MICROSOFT	COM	594918104	634	7,412	SH		SOLE		7,412	0	0
MPLX LP	COM	55336V100	3,403	95,940	SH		SOLE		95,940	0	0
NEW MEDIA INVESTMENT GROUP INC	COM	64704V106	3,150	187,715	SH		SOLE		187,175	0	0
NEWMARK GROUP INC	COM	65158N102	795	50,000	SH		SOLE		50,000	0	0
NVIDIA Corp	COM	67066G104	6,293	32,520	SH		SOLE		32,520	0	0
NXP SEMICONDUCTORS NV	COM	N6596X109	211	1,800	SH		SOLE		1,800	0	0
OFS CAPITAL CORP	COM	67103B100	300	25,250	SH		SOLE		25,250	0	0
OPKO HEALTH INC COM	COM	68375N103	189	38,500	SH		SOLE		38,500	0	0
ORASURE TECHNOLOGIES	COM	68554V108	207	10,950	SH		SOLE		10,950	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	8,971	121,860	SH		SOLE		121,860	0	0
PFIZER	COM	717081103	217	6,000	SH		SOLE		6,000	0	0
PRAXAIR	COM	74005P104	4,182	27,036	SH		SOLE		27,036	0	0
ROYAL BANK OF CANADA	COM	780087102	566	6,931	SH		SOLE		6,931	0	0
SPDR GOLD TRUST	COM	78463V107	260	2,100	SH		SOLE		2,100	0	0
STAG INDUSTRIAL INC	COM	85254J102	314	11,500	SH		SOLE		11,500	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	7,265	340,295	SH		SOLE		339,395	0	0
SWITCH INC CL A	COM	87105L104	1,157	63,600	SH		SOLE		63,600	0	0
SYNERGY PHARMACEUTICALS	COM	871639308	39	17,500	SH		SOLE		17,500	0	0
THL CREDIT INC	COM	872438106	2,139	236,375	SH		SOLE		235,625	0	0
ULTRALIFE BATTERIES	COM	903899102	180	27,500	SH		SOLE		27,500	0	0
UROGEN PHARMA LTD	COM	M96088105	782	21,025	SH		SOLE		21,025	0	0
VANECK VECTORS ETF TR HY MUN I	COM	92189F361	219	7,032	SH		SOLE		7,032	0	0
VERIZON COMMUNICATIONS	COM	92343V104	414	7,831	SH		SOLE		7,651	0	0
VODAFONE GROUP PLC	COM	92857W308	2,640	82,755	SH		SOLE		82,375	0	0
WALT DISNEY COMPANY HOLDING	COM	254687106	245	2,283	SH		SOLE		2,283	0	0
WESTERN GAS PARTNERS	COM	958254104	821	17,075	SH		SOLE		17,075	0	0