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 | 2,370 | 92,850 | SH | | SOLE | | 91,950 | 0 | 0 |
AT&T INC 5.35 | PFD | 00206R300 | 1,044 | 41,800 | SH | | SOLE | | 41,800 | 0 | 0 |
BANK OF AMERICA CORP SER Y 6.5 | PFD | 060505310 | 1,146 | 44,000 | SH | | SOLE | | 44,000 | 0 | 0 |
BANK OF AMERICA SER HH 5.875 | PFD | 060505195 | 616 | 24,150 | SH | | SOLE | | 23,950 | 0 | 0 |
CITIGROUP INC PFD SER K 6.875 | PFD | 172967341 | 1,301 | 46,900 | SH | | SOLE | | 46,800 | 0 | 0 |
GMAC CAP TR I SER 2 CPN-8.125 | PFD | 361860208 | 3,903 | 148,390 | SH | | SOLE | | 147,050 | 0 | 0 |
GOLDMAN SACHS GROUP INC. PFD S | PFD | 38148B504 | 1,998 | 76,660 | SH | | SOLE | | 75,500 | 0 | 0 |
GRAMERCY PROPERTY TRUST SER A | PFD | 385002209 | 783 | 31,350 | SH | | SOLE | | 31,350 | 0 | 0 |
HERSHA HOSPITALITY TRUST SER D | PFD | 427825609 | 1,064 | 45,900 | SH | | SOLE | | 45,900 | 0 | 0 |
JP MORGAN CHASE & CO 6.15 09- | PFD | 48127V827 | 496 | 19,200 | SH | | SOLE | | 19,200 | 0 | 0 |
KEMPER CORP 7.375 | PFD | 488401209 | 1,339 | 52,300 | SH | | SOLE | | 51,500 | 0 | 0 |
KKR & CO INC SER A 6.75 | PFD | 48251W203 | 751 | 28,550 | SH | | SOLE | | 27,800 | 0 | 0 |
MORGAN STANLEY PRD G 6.625 7- | PFD | 61762V507 | 1,841 | 71,750 | SH | | SOLE | | 71,150 | 0 | 0 |
PEBBLEBROOK HOTEL TR PFD SER C | PFD | 70509V407 | 522 | 21,310 | SH | | SOLE | | 20,950 | 0 | 0 |
STAG INDL INC CUM RED PRD SER | PFD | 85254J409 | 825 | 31,740 | SH | | SOLE | | 31,500 | 0 | 0 |
TELEPHONE & DATA SYS INC PFD 7 | PFD | 879433837 | 693 | 27,600 | SH | | SOLE | | 26,400 | 0 | 0 |
VORNADO REALTY SER M 5.25 | PFD | 929042828 | 914 | 41,050 | SH | | SOLE | | 41,050 | 0 | 0 |
WELLS FARGO REAL EST INVT CORP | PFD | 94988N207 | 352 | 13,750 | SH | | SOLE | | 13,750 | 0 | 0 |
ADMA BIOLOGICS INC | COM | 000899104 | 63 | 10,150 | SH | | SOLE | | 10,150 | 0 | 0 |
AK STEEL HLDG CORP | COM | 001547108 | 289 | 59,000 | SH | | SOLE | | 59,000 | 0 | 0 |
ALIBABA GROUP HOLDINGS LTD | COM | 01609W102 | 4,763 | 28,910 | SH | | SOLE | | 28,835 | 0 | 0 |
ALLERGAN INC | COM | G0177J108 | 286 | 1,500 | SH | | SOLE | | 1,500 | 0 | 0 |
ALLY FINANCIAL INC COM | COM | 02005N100 | 8,831 | 333,860 | SH | | SOLE | | 330,700 | 0 | 0 |
ALPHABET INC CL C | COM | 02079K107 | 11,715 | 9,816 | SH | | SOLE | | 9,731 | 0 | 0 |
AMAZON.COM | COM | 023135106 | 22,802 | 11,384 | SH | | SOLE | | 11,368 | 0 | 0 |
ANADARKO PETROLEUM | COM | 032511107 | 750 | 11,120 | SH | | SOLE | | 11,120 | 0 | 0 |
APPLE | COM | 037833100 | 20,289 | 89,879 | SH | | SOLE | | 89,779 | 0 | 0 |
ASHLAND GLOBAL HOLDINGS INC | COM | 044186104 | 7,650 | 91,225 | SH | | SOLE | | 90,225 | 0 | 0 |
ATLAS AIR WORLDWIDE HOLDINGS I | COM | 049164205 | 10,495 | 164,630 | SH | | SOLE | | 163,530 | 0 | 0 |
AXON ENTERPRISE INC | COM | 05464C101 | 205 | 3,000 | SH | | SOLE | | 3,000 | 0 | 0 |
BANK OF AMERICA | COM | 060505104 | 7,605 | 258,139 | SH | | SOLE | | 257,399 | 0 | 0 |
BEARD | COM | 07384R408 | 0 | 13,800 | SH | | SOLE | | 13,800 | 0 | 0 |
BERKSHIRE HATHAWAY DEL CL A | COM | 084670108 | 960 | 3 | SH | | SOLE | | 3 | 0 | 0 |
BGC PARTNERS INC | COM | 05541T101 | 6,687 | 565,750 | SH | | SOLE | | 558,950 | 0 | 0 |
BLACKHAWK CAP GROUP BDC | COM | 09236T103 | 0 | 24,000 | SH | | SOLE | | 24,000 | 0 | 0 |
CANADA GOOSE HOLDINGS INC | COM | 135086106 | 975 | 15,100 | SH | | SOLE | | 15,100 | 0 | 0 |
CARDLYTICS INC | COM | 14161W105 | 463 | 18,500 | SH | | SOLE | | 18,500 | 0 | 0 |
CIGNA CORP COM | COM | 125509109 | 1,015 | 4,875 | SH | | SOLE | | 4,875 | 0 | 0 |
CISCO SYSTEMS | COM | 17275R102 | 5,140 | 105,645 | SH | | SOLE | | 105,645 | 0 | 0 |
CITIGROUP INC | COM | 172967424 | 7,644 | 106,545 | SH | | SOLE | | 105,545 | 0 | 0 |
COMCAST CL A | COM | 20030N101 | 3,368 | 95,105 | SH | | SOLE | | 95,105 | 0 | 0 |
COSTCO WHSL | COM | 22160K105 | 787 | 3,350 | SH | | SOLE | | 3,350 | 0 | 0 |
DANAHER CORP | COM | 235851102 | 4,656 | 42,852 | SH | | SOLE | | 42,732 | 0 | 0 |
DELPHI TECHNOLOGIES PLC | COM | G2709G107 | 412 | 13,150 | SH | | SOLE | | 13,150 | 0 | 0 |
DELTA AIR LINES INC | COM | 247361702 | 4,777 | 82,605 | SH | | SOLE | | 82,605 | 0 | 0 |
ENTERPRISE PRODUCTS PARTNERS L | COM | 293792107 | 244 | 8,500 | SH | | SOLE | | 8,500 | 0 | 0 |
FARFETCH LIMITED CLASS A | COM | 30744W107 | 436 | 16,000 | SH | | SOLE | | 16,000 | 0 | 0 |
FORTRESS BIOTECH INC | COM | 34960Q109 | 20 | 12,600 | SH | | SOLE | | 12,600 | 0 | 0 |
FREEPORT MCMORAN, INC. CL B | COM | 35671D857 | 835 | 59,950 | SH | | SOLE | | 59,950 | 0 | 0 |
GAMING AND LEISURE PROPERTIES, | COM | 36467J108 | 2,433 | 69,035 | SH | | SOLE | | 68,535 | 0 | 0 |
GREEN BRICK PARTNERS INC | COM | 392709101 | 174 | 17,200 | SH | | SOLE | | 17,200 | 0 | 0 |
GRIFFIN MINING LTD | COM | G31920104 | 18 | 15,000 | SH | | SOLE | | 15,000 | 0 | 0 |
HONEYWELL INTL INC | COM | 438516106 | 799 | 4,800 | SH | | SOLE | | 4,800 | 0 | 0 |
HUMANA INC | COM | 444859102 | 11,874 | 35,075 | SH | | SOLE | | 34,550 | 0 | 0 |
INCYTE | COM | 45337C102 | 2,086 | 30,200 | SH | | SOLE | | 30,200 | 0 | 0 |
JOHNSON & JOHNSON | COM | 478160104 | 549 | 3,976 | SH | | SOLE | | 3,976 | 0 | 0 |
LEXINGTON REALTY TRUST | COM | 529043101 | 6,888 | 829,875 | SH | | SOLE | | 823,975 | 0 | 0 |
LIBERTY MEDIA CORP SIRIUSXM GR | COM | 531229607 | 305 | 7,028 | SH | | SOLE | | 7,028 | 0 | 0 |
MADRIGAL PHARMACEUTICALS INC | COM | 558868105 | 3,285 | 15,341 | SH | | SOLE | | 15,341 | 0 | 0 |
MARATHON PETROLEUM CORP | COM | 56585A102 | 4,424 | 55,325 | SH | | SOLE | | 55,325 | 0 | 0 |
MCDONALDS | COM | 580135101 | 309 | 1,850 | SH | | SOLE | | 1,850 | 0 | 0 |
MERCK & CO INC | COM | 58933Y105 | 1,007 | 14,200 | SH | | SOLE | | 14,200 | 0 | 0 |
MICROSOFT | COM | 594918104 | 848 | 7,412 | SH | | SOLE | | 7,412 | 0 | 0 |
MPLX LP | COM | 55336V100 | 3,039 | 87,640 | SH | | SOLE | | 87,640 | 0 | 0 |
NEW MEDIA INVESTMENT GROUP INC | COM | 64704V106 | 3,430 | 218,640 | SH | | SOLE | | 218,100 | 0 | 0 |
NVIDIA Corp | COM | 67066G104 | 8,355 | 29,730 | SH | | SOLE | | 29,730 | 0 | 0 |
OFS CAPITAL CORP | COM | 67103B100 | 119 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
OPKO HEALTH INC COM | COM | 68375N103 | 55 | 16,000 | SH | | SOLE | | 16,000 | 0 | 0 |
PAYPAL HOLDINGS INC | COM | 70450Y103 | 9,941 | 113,170 | SH | | SOLE | | 113,170 | 0 | 0 |
PRAXAIR | COM | 74005P104 | 4,099 | 25,500 | SH | | SOLE | | 0 | 0 | 0 |
QEP RESOURCES | COM | 74733V100 | 241 | 21,300 | SH | | SOLE | | 21,300 | 0 | 0 |
QURATE RETAIL INC QVC GROUP CO | COM | 74915M100 | 345 | 15,544 | SH | | SOLE | | 15,544 | 0 | 0 |
ROYAL BANK OF CANADA | COM | 780087102 | 556 | 6,931 | SH | | SOLE | | 6,931 | 0 | 0 |
SALESFORCE.COM INC | COM | 79466L302 | 9,659 | 60,740 | SH | | SOLE | | 60,740 | 0 | 0 |
SOLENO THERAPEUTICS INC COM | COM | 834203200 | 65 | 30,300 | SH | | SOLE | | 30,300 | 0 | 0 |
STARWOOD PROPERTY TRUST INC | COM | 85571B105 | 8,560 | 397,755 | SH | | SOLE | | 396,455 | 0 | 0 |
THL CREDIT INC | COM | 872438106 | 1,446 | 179,175 | SH | | SOLE | | 178,425 | 0 | 0 |
ULTRALIFE BATTERIES | COM | 903899102 | 212 | 26,000 | SH | | SOLE | | 26,000 | 0 | 0 |
UROGEN PHARMA LTD | COM | M96088105 | 3,704 | 78,425 | SH | | SOLE | | 78,325 | 0 | 0 |
VERIZON COMMUNICATIONS | COM | 92343V104 | 271 | 5,070 | SH | | SOLE | | 4,890 | 0 | 0 |
VICOR CORP | COM | 925815102 | 7,879 | 171,275 | SH | | SOLE | | 169,075 | 0 | 0 |
WALT DISNEY COMPANY HOLDING | COM | 254687106 | 269 | 2,303 | SH | | SOLE | | 2,303 | 0 | 0 |
WESTERN GAS PARTNERS | COM | 958254104 | 468 | 10,725 | SH | | SOLE | | 10,725 | 0 | 0 |
XYLEM INC | COM | 98419M100 | 2,917 | 36,520 | SH | | SOLE | | 36,120 | 0 | 0 |