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	2,103	81,750	SH		SOLE		81,550	0	0
BANK OF AMERICA CORP SER Y 6.5	PFD	060505310	441	16,700	SH		SOLE		16,700	0	0
BGC PARTNERS INC SR NTS 8.125	PFD	05541T408	1,356	52,744	SH		SOLE		51,704	0	0
CITIGROUP INC PFD SER K 6.875	PFD	172967341	1,074	38,300	SH		SOLE		38,200	0	0
COLONY NORTHSTAR INC 7.15 PFD	PFD	19625W872	717	31,250	SH		SOLE		30,450	0	0
COLONY NORTHSTAR INC 7.5 PFD	PFD	19625W807	704	30,300	SH		SOLE		30,300	0	0
COLONY NORTHSTAR INC. 8.5 PFD	PFD	19625W500	981	39,270	SH		SOLE		39,150	0	0
GMAC CAP TR I SER 2 CPN-8.125	PFD	361860208	3,605	138,790	SH		SOLE		137,450	0	0
GOLDMAN SACHS GROUP INC. PFD S	PFD	38148B504	2,029	75,665	SH		SOLE		74,505	0	0
GRAMERCY PROPERTY TRUST SER A	PFD	385002209	845	32,950	SH		SOLE		32,950	0	0
HERSHA HOSPITALITY TRUST SER D	PFD	427825609	741	31,800	SH		SOLE		31,800	0	0
JP MORGAN CHASE & CO 6.15 09-	PFD	48127V827	296	11,200	SH		SOLE		11,200	0	0
KEMPER CORP 7.375	PFD	488401209	894	34,550	SH		SOLE		33,750	0	0
MORGAN STANLEY PRD G 6.625 7-	PFD	61762V507	1,872	71,150	SH		SOLE		70,550	0	0
PEBBLEBROOK HOTEL TR PFD SER C	PFD	70509V407	520	21,310	SH		SOLE		20,950	0	0
STAG INDL INC CUM RED PRD SER	PFD	85254J409	806	31,740	SH		SOLE		31,500	0	0
STAG INDUSTRIAL PRF SER B 6.62	PFD	85254J300	841	33,500	SH		SOLE		32,700	0	0
TELEPHONE & DATA SYS INC PFD 7	PFD	879433837	550	21,800	SH		SOLE		21,000	0	0
AETNA	COM	00817Y108	259	1,535	SH		SOLE		1,535	0	0
AK STEEL HLDG CORP	COM	001547108	360	79,500	SH		SOLE		79,500	0	0
ALIBABA GROUP HOLDINGS LTD	COM	01609W102	6,845	37,295	SH		SOLE		37,245	0	0
ALLERGAN INC	COM	G0177J108	347	2,059	SH		SOLE		2,059	0	0
ALLY FINANCIAL INC COM	COM	02005N100	8,771	323,060	SH		SOLE		320,900	0	0
ALPHABET INC CL C	COM	02079K107	8,013	7,766	SH		SOLE		7,766	0	0
AMAZON.COM	COM	023135106	16,974	11,728	SH		SOLE		11,712	0	0
ANADARKO PETROLEUM	COM	032511107	865	14,320	SH		SOLE		14,320	0	0
APPLE	COM	037833100	14,999	89,399	SH		SOLE		89,364	0	0
ARAMARK	COM	03852U106	225	5,675	SH		SOLE		5,675	0	0
ASHLAND GLOBAL HOLDINGS INC	COM	044186104	279	4,000	SH		SOLE		4,000	0	0
ATLAS AIR WORLDWIDE HOLDINGS I	COM	049164205	7,442	123,115	SH		SOLE		122,365	0	0
BANK OF AMERICA	COM	060505104	7,803	260,179	SH		SOLE		259,439	0	0
BEARD	COM	07384R408	0	13,800	SH		SOLE		13,800	0	0
BERKSHIRE HATHAWAY DEL CL A	COM	084670108	897	3	SH		SOLE		3	0	0
BGC PARTNERS INC	COM	05541T101	6,709	498,820	SH		SOLE		496,020	0	0
BLACKHAWK CAP GROUP BDC	COM	09236T103	0	24,000	SH		SOLE		24,000	0	0
CANADA GOOSE HOLDINGS INC	COM	135086106	401	12,000	SH		SOLE		12,000	0	0
CBS CORP CL B	COM	124857202	3,334	64,870	SH		SOLE		63,620	0	0
CIGNA CORP COM	COM	125509109	1,296	7,725	SH		SOLE		7,725	0	0
CISCO SYSTEMS	COM	17275R102	5,015	116,925	SH		SOLE		116,925	0	0
CITIGROUP INC	COM	172967424	7,139	105,764	SH		SOLE		105,164	0	0
COCA COLA COMPANY	COM	191216100	3,695	85,076	SH		SOLE		84,776	0	0
COMCAST CL A	COM	20030N101	6,711	196,395	SH		SOLE		195,535	0	0
COSTCO WHSL	COM	22160K105	631	3,350	SH		SOLE		3,350	0	0
DANAHER CORP	COM	235851102	4,663	47,622	SH		SOLE		47,502	0	0
DELPHI TECHNOLOGIES PLC	COM	G2709G107	3,287	68,985	SH		SOLE		68,185	0	0
DELTA AIR LINES INC	COM	247361702	3,634	66,305	SH		SOLE		66,305	0	0
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	208	8,500	SH		SOLE		8,500	0	0
EXXON	COM	30231G102	262	3,505	SH		SOLE		3,505	0	0
FORTRESS TRANSPORTATION & INFR	COM	34960P101	163	10,200	SH		SOLE		10,200	0	0
FREEPORT MCMORAN, INC. CL B	COM	35671D857	911	51,850	SH		SOLE		51,850	0	0
GAMING AND LEISURE PROPERTIES	COM	36467J108	1,639	48,955	SH		SOLE		48,635	0	0
GASTAR EXPLORATION INC	COM	36729W202	14	20,000	SH		SOLE		20,000	0	0
HONEYWELL INTL INC	COM	438516106	770	5,325	SH		SOLE		5,325	0	0
HUMANA INC	COM	444859102	7,300	27,155	SH		SOLE		26,805	0	0
INCYTE	COM	45337C102	1,487	17,850	SH		SOLE		61,850	0	0
J C PENNEY INC	COM	708160106	75	25,000	SH		SOLE		25,000	0	0
JOHNSON & JOHNSON	COM	478160104	533	4,161	SH		SOLE		4,161	0	0
LEXINGTON REALTY TR	COM	529043101	5,288	671,960	SH		SOLE		669,560	0	0
LIBERTY INTERACTIVE CORPORATIO	COM	53071M104	391	15,544	SH		SOLE		15,544	0	0
LIBERTY MEDIA CORP SIRIUSXM GR	COM	531229607	287	7,028	SH		SOLE		7,028	0	0
MADRIGAL PHARMACEUTICALS INC	COM	558868105	2,574	22,041	SH		SOLE		22,041	0	0
MARATHON PETROLEUM CORP	COM	56585A102	4,351	59,515	SH		SOLE		59,515	0	0
MCDONALDS	COM	580135101	289	1,850	SH		SOLE		1,850	0	0
MERCK & CO INC	COM	58933Y105	891	16,350	SH		SOLE		16,350	0	0
MICROSOFT	COM	594918104	676	7,412	SH		SOLE		7,412	0	0
MPLX LP	COM	55336V100	2,608	78,940	SH		SOLE		78,940	0	0
NEW MEDIA INVESTMENT GROUP INC	COM	64704V106	3,235	188,765	SH		SOLE		188,225	0	0
NEWMARK GROUP INC	COM	65158N102	281	18,500	SH		SOLE		18,500	0	0
NVIDIA Corp	COM	67066G104	7,140	30,830	SH		SOLE		30,830	0	0
OFS CAPITAL CORP	COM	67103B100	145	12,950	SH		SOLE		12,950	0	0
OPKO HEALTH INC COM	COM	68375N103	122	38,500	SH		SOLE		38,500	0	0
PANDORA MEDIA INC.	COM	698354107	93	18,500	SH		SOLE		18,500	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	8,695	114,610	SH		SOLE		114,610	0	0
PRAXAIR	COM	74005P104	3,680	25,500	SH		SOLE		25,500	0	0
QEP RESOURCES	COM	74733V100	209	21,300	SH		SOLE		21,300	0	0
ROYAL BANK OF CANADA	COM	780087102	536	6,931	SH		SOLE		6,931	0	0
SALESFORCE.COM INC	COM	79466L302	6,617	56,895	SH		SOLE		56,895	0	0
SPDR GOLD TRUST	COM	78463V107	264	2,100	SH		SOLE		2,100	0	0
STAG INDUSTRIAL INC	COM	85254J102	227	9,500	SH		SOLE		9,500	0	0
STARWOOD PROPERTY TRUST INC	COM	85571B105	7,622	363,795	SH		SOLE		362,695	0	0
SWITCH INC CL A	COM	87105L104	1,012	63,600	SH		SOLE		63,600	0	0
SYNERGY PHARMACEUTICALS	COM	871639308	32	17,500	SH		SOLE		17,500	0	0
TENCENT HOLDINGS LTD	COM	88032Q109	1,044	19,600	SH		SOLE		19,600	0	0
THL CREDIT INC	COM	872438106	1,433	184,475	SH		SOLE		183,725	0	0
ULTRALIFE BATTERIES	COM	903899102	260	26,000	SH		SOLE		26,000	0	0
UROGEN PHARMA LTD	COM	M96088105	2,265	45,575	SH		SOLE		45,575	0	0
VERIZON COMMUNICATIONS	COM	92343V104	242	5,070	SH		SOLE		4,890	0	0
VODAFONE GROUP PLC	COM	92857W308	1,956	70,305	SH		SOLE		69,925	0	0
WALT DISNEY COMPANY HOLDING	COM	254687106	229	2,283	SH		SOLE		2,283	0	0
WESTERN GAS PARTNERS	COM	958254104	660	15,475	SH		SOLE		15,475	0	0