First Foundation Advisors 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
3M Co Com	COM	88579Y101	720	4,111	SH		SOLE		4,111	0	0
Abbott Laboratories	COM	002824100	402	10,230	SH		SOLE		4,980	0	5,250
AbbVie Inc.	COM	00287y109	776	12,528	SH		SOLE		7,678	0	4,850
Activision Blizzard Inc	COM	00507v109	749	18,910	SH		SOLE		18,910	0	0
Acuity Brands Inc	COM	00508Y102	491	1,980	SH		SOLE		1,980	0	0
Advance Auto Parts Inc	COM	00751y106	505	3,122	SH		SOLE		1,742	0	1,380
Alexander & Baldwin Inc	COM	014491104	69	1,913	SH		SOLE		1,913	0	0
Alexander & Baldwin Inc	COM	014491104	708	19,580	SH		DFND	1	19,580	0	0
Alexandria Real Est Pfd Conv Series D 7%	PFD CONV SER D	015271505	2,427	71,164	SH		SOLE		64,909	0	6,255
Alexandria Real Estate Equitie	COM	015271109	2,798	27,026	SH		SOLE		26,886	0	140
Alibaba Group Holding Inc	SPONSORED ADS	01609w102	594	7,473	SH		SOLE		7,473	0	0
Allergan PLC	SHS	g0177j108	21,261	92,001	SH		SOLE		78,791	0	13,210
Allergan PLC	SHS	g0177j108	3,390	14,670	SH		DFND	1	14,670	0	0
Allergan plc, 5.50%	PFD CONV SER A	g0177j116	2,541	3,048	SH		SOLE		2,667	0	381
Allergan plc, 5.50%	PFD CONV SER A	g0177j116	492	590	SH		DFND	1	590	0	0
Alphabet Inc Class A	CAP STK CL A	02079k305	1,403	1,994	SH		SOLE		1,242	0	752
Alphabet Inc Class A	CAP STK CL A	02079k305	409	581	SH		DFND	1	581	0	0
Alphabet Inc Class C	CAP STK CK C	02079k107	18,483	26,705	SH		SOLE		22,938	0	3,767
Alphabet Inc Class C	CAP STK CK C	02079k107	1,815	2,623	SH		DFND	1	2,623	0	0
Altria Group Inc	COM	02209S103	29,771	431,712	SH		SOLE		374,793	0	56,919
Amazon.com Inc	COM	023135106	1,474	2,060	SH		SOLE		2,059	0	1
Ambarella Inc.	SHS	g037ax101	203	4,000	SH		SOLE		4,000	0	0
American Electric Power Co Inc	COM	025537101	217	3,096	SH		SOLE		3,096	0	0
AmerisourceBergen Corp	COM	03073e105	541	6,821	SH		SOLE		6,821	0	0
Amgen Inc	COM	031162100	1,113	7,314	SH		SOLE		7,060	0	254
Anheuser-Busch InBev NV	SPONSORED ADR	03524A108	18,712	142,102	SH		SOLE		122,824	0	19,277
Aon plc	SHS CL A	G0408V102	2,091	19,146	SH		SOLE		19,146	0	0
Apple Inc	COM	037833100	7,444	77,862	SH		SOLE		71,971	0	5,891
Ares Dynamic Credit Allocation	COM	04014F102	1,105	80,388	SH		SOLE		73,583	0	6,805
Ares Dynamic Credit Allocation	COM	04014F102	1,177	85,572	SH		DFND	1	85,572	0	0
AT&T Inc	COM	00206r102	960	22,224	SH		SOLE		19,306	0	2,918
Bank Amer Corp Wt Exp 10/28/2018 Strike 30.79	*W EXP 10/28/201	060505153	1	10,000	SH		SOLE		10,000	0	0
Bank of America Corp	COM	060505104	238	17,965	SH		SOLE		17,965	0	0
Bank of New York Mellon Co	COM	064058100	25,761	663,092	SH		SOLE		566,668	0	96,424
Bank of New York Mellon Co	COM	064058100	709	18,260	SH		DFND	1	18,260	0	0
Berkshire Hathaway CL A	CL A	084670108	4,123	19	SH		SOLE		17	0	2
Berkshire Hathaway Inc Cl B	CL B NEW	084670702	45,032	311,017	SH		SOLE		209,005	0	102,012
Berkshire Hathaway Inc Cl B	CL B NEW	084670702	1,539	10,630	SH		DFND	1	10,630	0	0
Biogen Idec Inc	COM	09062x103	2,491	10,300	SH		SOLE		9,410	0	890
Biogen Idec Inc	COM	09062x103	2,134	8,825	SH		DFND	1	8,825	0	0
BioMarin Pharmaceutical Inc	COM	09061g101	510	6,550	SH		DFND	1	6,550	0	0
Blackrock Build America Bond T	SHS	09248x100	1,602	65,692	SH		SOLE		59,690	0	6,002
Blackrock Build America Bond T	SHS	09248x100	1,369	56,165	SH		DFND	1	56,165	0	0
BlackRock Core Bond Trust	SHS BEN INT	09249E101	4,242	303,637	SH		SOLE		284,483	0	19,154
BlackRock Credit Allocation In	COM	092508100	5,936	455,925	SH		SOLE		431,008	0	24,917
Blackrock Debt Strategies Fund	COM	09255R103	635	180,000	SH		SOLE		180,000	0	0
Blackrock Floating Rate Income	COM	09255x100	4,516	343,450	SH		SOLE		320,647	0	22,803
Blackrock Floating Rate Income	COM	091941104	167	12,908	SH		SOLE		12,908	0	0
BlackRock Inc Co	COM	09247X101	24,773	72,324	SH		SOLE		62,464	0	9,860
Blackrock Ltd Duration	COM SHS	09249w101	4,478	293,651	SH		SOLE		274,393	0	19,258
Blackrock Multi-Sector Income	COM	09258A107	1,130	68,307	SH		SOLE		62,791	0	5,516
Blackrock Muniholdings CA Insu	COM	09254l107	980	60,170	SH		SOLE		47,864	0	12,306
Blackrock Muniyield CA Insured	COM	09254n103	219	13,165	SH		SOLE		13,165	0	0
Blackrock Target Trm Tr	COM SHS BEN IN	09257p105	1,428	59,008	SH		SOLE		46,910	0	12,098
Boeing Co	COM	097023105	1,036	7,980	SH		SOLE		7,958	0	22
Bofi Holding Inc	COM	05566u108	850	48,000	SH		SOLE		47,600	0	400
Bp Plc	SPONSORED ADR	055622104	667	18,776	SH		SOLE		18,776	0	0
Bristol Myers Squibb Co	COM	110122108	2,375	32,296	SH		SOLE		28,351	0	3,945
British American Tobacco PLC	SPONSORED ADR	110448107	19,123	147,688	SH		SOLE		129,106	0	18,582
Broadcom Ltd	SHS	y09827109	1,389	8,936	SH		SOLE		8,936	0	0
Brookfield Mortgage Opportunit	COM	112792106	1,702	114,482	SH		SOLE		99,480	0	15,003
Brown Forman Corp Class B With	CL B	115637209	2,063	20,678	SH		SOLE		18,935	0	1,743
Celgene Corp	COM	151020104	2,412	24,458	SH		SOLE		24,458	0	0
CenturyLink Inc	COM	156700106	514	17,706	SH		SOLE		17,706	0	0
Charles Schwab Corp/The	COM	808513105	1,141	45,070	SH		SOLE		45,070	0	0
Chevron Corp	COM	166764100	1,651	15,748	SH		SOLE		15,092	0	656
Cigna Corp	COM	125509109	343	2,676	SH		SOLE		2,676	0	0
Cisco Systems Inc	COM	17275R102	1,626	56,686	SH		SOLE		41,753	0	14,933
Citi A Warrants Exp 01/04/19	*W EXP 01/04/201	172967226	1	18,985	SH		SOLE		18,985	0	0
Clorox Co/The	COM	189054109	207	1,495	SH		SOLE		1,495	0	0
Coca Cola Inc	COM	191216100	4,115	90,770	SH		SOLE		90,753	0	17
Coca-Cola European Partners PL	SHS	g25839104	1,075	30,115	SH		SOLE		30,000	0	115
Cohen & Steers Limited Duratio	COM	19248c105	5,304	218,260	SH		SOLE		199,289	0	18,971
Cohen & Steers Limited Duratio	COM	19248c105	2,632	108,308	SH		DFND	1	108,308	0	0
Colgate-Palmolive Co	COM	194162103	215	2,943	SH		SOLE		2,943	0	0
Comcast Corp	CL A	20030n101	22,513	345,348	SH		SOLE		297,113	0	48,236
Comstock Mining Inc	COM	205750102	5	14,163	SH		SOLE		14,163	0	0
Copart Inc	COM	217204106	523	10,668	SH		SOLE		5,723	0	4,945
Coresite Realty Corp	COM	21870q105	835	9,411	SH		SOLE		9,411	0	0
Costamare Inc Shs	SHS	y1771g102	192	25,000	SH		SOLE		25,000	0	0
Costco Wholesale Corp	COM	22160k105	827	5,264	SH		SOLE		4,108	0	1,156
Crown Holdings Inc	COM	228368106	444	8,769	SH		SOLE		4,702	0	4,067
CVS Caremark Corp	COM	126650100	261	2,723	SH		SOLE		2,523	0	200
Diageo PLC	SPON ADR NEW	25243q205	31,207	276,457	SH		SOLE		234,983	0	41,475
Diageo PLC	SPON ADR NEW	25243q205	1,592	14,105	SH		DFND	1	14,105	0	0
Digital Realty Trust Inc	COM	253868103	632	5,795	SH		SOLE		5,795	0	0
Diversified Real Asset Income	COM SHS	25533B108	4,642	280,503	SH		SOLE		263,161	0	17,342
Diversified Real Asset Income	COM SHS	25533B108	4	241	SH		DFND	1	241	0	0
Dominion Resources Inc/VA	COM	25746U109	754	9,674	SH		SOLE		9,074	0	600
Doubleline Income Solutions Cl	COM	258622109	8,873	483,565	SH		SOLE		447,113	0	36,452
Doubleline Income Solutions Cl	COM	258622109	883	48,147	SH		DFND	1	48,147	0	0
Doubleline Opportunistic Credi	COM	258623107	914	34,145	SH		SOLE		33,105	0	1,040
DoubleLine Total Return Tactic	SPDR TR TACTIC	78467V848	1,049	21,016	SH		SOLE		13,521	0	7,495
Dow Chemical Co/The	COM	260543103	10,788	217,020	SH		SOLE		123,073	0	93,947
DR Horton Inc	COM	23331A109	254	8,067	SH		SOLE		8,067	0	0
DreamWorks Animation SKG Inc	CL A	26153c103	317	7,758	SH		SOLE		7,645	0	113
DreamWorks Animation SKG Inc	CL A	26153c103	2,742	67,097	SH		DFND	1	67,097	0	0
DuPont Fabros Technology, Inc.	COM	26613q106	584	12,290	SH		SOLE		12,290	0	0
Eaton Vance Limited Duration I	COM	27828h105	4,728	351,792	SH		SOLE		329,798	0	21,993
Eaton Vance Municipal Incm 202	SHS	27829U105	391	18,386	SH		SOLE		10,869	0	7,517
Eaton Vance National Muni	COM SHS	27829l105	1,616	70,142	SH		SOLE		57,874	0	12,268
Eaton Vance Short Duration	COM	27828V104	4,079	302,151	SH		SOLE		280,792	0	21,359
eBay Inc	COM	278642103	498	21,272	SH		SOLE		11,739	0	9,533
Ecolab Inc	COM	278865100	612	5,164	SH		SOLE		2,893	0	2,271
Edison International	COM	281020107	431	5,547	SH		SOLE		5,447	0	100
Eldorado Gold Corp	COM	284902103	51	11,330	SH		SOLE		11,330	0	0
Eli Lilly & Co	COM	532457108	562	7,132	SH		SOLE		6,777	0	355
Emerson Electric Co	COM	291011104	412	7,896	SH		SOLE		5,896	0	2,000
Enlink Midstream Partners LP	COM UNIT REP LTD	29336u107	233	14,000	SH		SOLE		12,000	0	2,000
Enterprise Prods Partners L P	COM	293792107	330	11,273	SH		SOLE		11,273	0	0
Equinix Inc	COM PAR $0.001	29444u700	545	1,405	SH		SOLE		1,405	0	0
Eversource Energy	COM	30040w108	230	3,846	SH		SOLE		3,846	0	0
Express Scripts Holding Co	COM	30219g108	469	6,186	SH		SOLE		6,186	0	0
Exxon Mobil Corp	COM	30231G102	4,090	43,635	SH		SOLE		41,739	0	1,896
Facebook Inc	CL A	30303m102	1,638	14,330	SH		SOLE		10,928	0	3,402
FedEx Corp	COM	31428x106	591	3,896	SH		SOLE		3,896	0	0
Fifth Street Finance Corp	COM	31678A103	73	15,000	SH		SOLE		15,000	0	0
Flaherty and Crumrine Dynamic	SHS	33848w106	1,642	67,722	SH		SOLE		59,673	0	8,049
Foamix Pharmaceuticals Ltd	SHS	m46135105	75	11,819	SH		DFND	1	11,819	0	0
Ford Motor Co	COM PAR $0.01	345370860	243	19,325	SH		SOLE		17,607	0	1,718
Fox Entertainment Group Inc	CL B	90130a200	17	642	SH		SOLE		642	0	0
Fox Entertainment Group Inc	CL B	90130a200	1,536	56,360	SH		DFND	1	56,360	0	0
FTD Companies, Inc	COM	30281v108	1,134	45,449	SH		SOLE		43,262	0	2,187
FTD Companies, Inc	COM	30281v108	2,334	93,515	SH		DFND	1	93,515	0	0
General American Investors	COM	368802104	1,049	34,029	SH		SOLE		34,029	0	0
General Electric Co	COM	369604103	991	31,474	SH		SOLE		27,979	0	3,495
General Motors Co	COM	37045v100	515	18,203	SH		SOLE		18,203	0	0
Gilead Sciences Inc	COM	375558103	7,159	85,821	SH		SOLE		83,021	0	2,800
Gilead Sciences Inc	COM	375558103	1,478	17,720	SH		DFND	1	17,720	0	0
Glacier Bancorp Inc	COM	37637Q105	407	15,306	SH		SOLE		15,306	0	0
Gladstone Capital Corp	COM	376535100	92	12,701	SH		SOLE		12,701	0	0
Global Net Lease, Inc.	COM	379378102	911	114,647	SH		SOLE		103,268	0	11,379
Goldman Sachs Group Inc	COM	38141G104	12,381	83,332	SH		SOLE		71,155	0	12,177
Gramercy Property Trust Inc	COM	385002100	29,944	3,247,594	SH		SOLE		2,657,250	0	590,344
Gramercy Property Trust Inc	COM	385002100	1,300	140,950	SH		DFND	1	140,950	0	0
Great AJAX Corp	COM	38983d300	687	49,548	SH		SOLE		43,207	0	6,341
Great AJAX Corp	COM	38983d300	1,169	84,256	SH		DFND	1	84,256	0	0
Home Depot Inc/The	COM	437076102	852	6,672	SH		SOLE		4,882	0	1,790
Honeywell International Inc	COM	438516106	328	2,824	SH		SOLE		2,624	0	200
Illinois Tool Works Inc	COM	452308109	458	4,400	SH		SOLE		4,400	0	0
Illumina Inc	COM	452327109	735	5,235	SH		SOLE		5,235	0	0
Intel Corp	COM	458140100	1,119	34,120	SH		SOLE		31,507	0	2,613
International Business Machine	COM	459200101	17,033	112,224	SH		SOLE		94,800	0	17,424
Invesco Quality Municipal Inco	COM	46133G107	433	31,330	SH		SOLE		20,074	0	11,256
Invesco Van Kampen CA Value Mu	COM	46132h106	261	17,881	SH		SOLE		17,881	0	0
iShares Cohen & Steers Realty	COHEN&STEER REIT	464287564	220	2,037	SH		SOLE		2,037	0	0
ishares Core MSCI EAFE ETF	CORE MSCI EAFE	46432f842	398	7,673	SH		SOLE		6,876	0	797
iShares Core S&P Total US Stoc	CORE S&P TTL STL	464287150	2,618	27,481	SH		SOLE		26,568	0	913
iShares DJ Select Dividend Ind	SELECT DIVID ETF	464287168	1,102	12,917	SH		SOLE		12,367	0	550
iShares Floating Rate Note Fun	FLTG RATE BD ETF	46429b655	271	5,346	SH		SOLE		5,346	0	0
iShares iBonds Mar 2018 Corp	2018 CP TM ETF	46432faw7	270	2,620	SH		SOLE		2,620	0	0
iShares Iboxx High Yield Corpo	IBOX HI YD ETF	464288513	3,229	38,118	SH		SOLE		28,624	0	9,494
Ishares Lehman Aggregate	CORE US AGGBD ET	464287226	286	2,540	SH		SOLE		1,465	0	1,075
iShares MSCI Eafe Index Fund	MSCI EAFE ETF	464287465	291	5,217	SH		SOLE		4,368	0	849
iShares MSCI EAFE Minimum Vola	EAFE MIN VOL ETF	46429b689	389	5,861	SH		SOLE		5,861	0	0
iShares MSCI KLD 400 Social Id	MSCI KLD400 SOC	464288570	212	2,740	SH		SOLE		2,740	0	0
iShares Russell 1000 Growth In	RUS 1000 GRW ETF	464287614	262	2,607	SH		SOLE		2,607	0	0
iShares S&P 500 Index Fund	CORE S&P500 ETF	464287200	1,217	5,782	SH		SOLE		5,578	0	204
iShares S&P California Municip	CALI AMT-FRE ETF	464288356	312	2,553	SH		SOLE		2,553	0	0
iShares Short Maturity Municip	SHT MAT MUN ETF	46431w838	801	15,950	SH		SOLE		15,950	0	0
iShares Tr B-CA Rt Corp Bond	B CA RT CP ETF	46432f404	302	6,671	SH		SOLE		6,671	0	0
Jamba Inc	COM NEW	47023a309	478	46,500	SH		DFND	1	46,500	0	0
Johnson & Johnson Com	COM	478160104	29,625	244,228	SH		SOLE		214,726	0	29,502
JPMorgan Chase & Co	COM	46625H100	407	6,548	SH		SOLE		6,155	0	393
Kayne Anderson Energy Developm	COM	48660Q102	201	10,352	SH		SOLE		7,252	0	3,100
Kayne Anderson Mdstm Com	COM	48661e108	201	13,965	SH		SOLE		9,115	0	4,850
Kellogg Co	COM	487836108	473	5,799	SH		SOLE		3,109	0	2,690
Kraft Heinz Co.	COM	500754106	451	5,098	SH		SOLE		5,098	0	0
Lannett Company Inc	COM	516012101	306	12,844	SH		SOLE		12,844	0	0
Las Vegas Sands Corp	COM	517834107	17,484	402,033	SH		SOLE		350,661	0	51,372
Lennar Corp	CL A	526057104	317	6,875	SH		SOLE		6,875	0	0
Leucadia National Corp	COM	527288104	341	19,653	SH		SOLE		18,671	0	982
Leucadia National Corp	COM	527288104	744	42,950	SH		DFND	1	42,950	0	0
Level 3 Communications Inc	COM NEW	52729n308	22,130	429,791	SH		SOLE		369,459	0	60,332
Level 3 Communications Inc	COM NEW	52729n308	3,068	59,585	SH		DFND	1	59,585	0	0
Liberty Global Inc	SHS CL A	g5480u104	684	23,543	SH		SOLE		22,721	0	822
Liberty Global Inc	SHS CL A	g5480u104	734	25,250	SH		DFND	1	25,250	0	0
Lifelock Inc Com	COM	53224v100	572	36,187	SH		SOLE		36,187	0	0
Lions Gate Entertainment Corp	COM NEW	535919203	775	38,330	SH		SOLE		36,462	0	1,868
Lions Gate Entertainment Corp	COM NEW	535919203	2,648	130,899	SH		DFND	1	130,899	0	0
Live Nation Entertainment Inc	COM	538034109	12,899	548,911	SH		SOLE		477,081	0	71,830
Live Nation Entertainment Inc	COM	538034109	2,544	108,270	SH		DFND	1	108,270	0	0
Lockheed Martin Corp	COM	539830109	782	3,149	SH		SOLE		2,794	0	355
Macy's Inc	COM	55616p104	458	13,618	SH		SOLE		13,618	0	0
Madison Square Garden Co/The	CL A	55825t103	422	2,444	SH		SOLE		1,290	0	1,154
Magellan Midstream Partners LP	COM UNIT RP LP	559080106	430	5,655	SH		SOLE		5,655	0	0
Mastercard Inc	CL A	57636q104	451	5,121	SH		SOLE		5,121	0	0
McDonald's Corp	COM	580135101	1,005	8,350	SH		SOLE		7,949	0	401
Mead Johnson Nutrition Co	COM	582839106	2,512	27,681	SH		SOLE		25,642	0	2,039
Medtronic PLC	SHS	g5960l103	26,797	308,828	SH		SOLE		265,837	0	42,991
Merck & Co Inc New Com	COM	58933Y105	24,894	432,112	SH		SOLE		374,938	0	57,174
MFS Multi-Market	SH BEN INT	552737108	1,843	304,550	SH		SOLE		276,049	0	28,501
Microsoft Corp	COM	594918104	75,068	1,467,031	SH		SOLE		1,415,627	0	51,404
Molson Coors Brewing Co	CL B	60871R209	465	4,595	SH		SOLE		2,457	0	2,138
Mondelez International Inc	CL A	609207105	19,706	432,993	SH		SOLE		376,007	0	56,986
Monogram Residential Trust, Inc.	COM	60979p105	118	11,540	SH		SOLE		11,540	0	0
Monsanto Co	COM	61166w101	13,256	128,187	SH		SOLE		110,767	0	17,420
Monster Beverage Corp	COM	61174x109	802	4,991	SH		SOLE		4,991	0	0
Mylan Inc/PA	SHS EURO	n59465109	584	13,500	SH		DFND	1	13,500	0	0
National Oilwell Varco Inc	COM	637071101	361	10,739	SH		SOLE		10,739	0	0
NetEase Inc	SPONSORED ADR	64110w102	593	3,068	SH		SOLE		3,068	0	0
New America High Income Fund	COM NEW	641876800	1,824	213,374	SH		SOLE		199,264	0	14,110
NextEra Energy Inc	COM	65339F101	351	2,694	SH		SOLE		2,694	0	0
Nielsen Holdings PLC	SHS EUR	g6518l108	14,905	286,798	SH		SOLE		244,366	0	42,432
NIKE Inc	CL B	654106103	207	3,746	SH		SOLE		2,746	0	1,000
Nordic American Tankers LTD	COM	g65773106	1,003	72,210	SH		SOLE		72,210	0	0
Norwegion Cruis Line Holdings	SHS	g66721104	216	5,425	SH		SOLE		2,909	0	2,516
Novartis AG	SPONSORED ADR	66987V109	321	3,887	SH		SOLE		3,698	0	189
Novatel Wireless Inc	COM NEW	66987m604	15	10,000	SH		SOLE		10,000	0	0
Nuveen Amt-Free Municipal Inco	COM	670657105	376	25,042	SH		SOLE		14,783	0	10,259
Nuveen Build America Bond Fund	COM	67074c103	5,199	227,919	SH		SOLE		218,421	0	9,498
Nuveen Build America Bond Fund	COM	67074c103	1,064	46,628	SH		DFND	1	46,628	0	0
Nuveen Build America Bond Oppo	COM	67074q102	714	31,461	SH		SOLE		30,957	0	504
Nuveen CA Muni Advantage Fd	COM	67066Y105	590	34,781	SH		SOLE		34,781	0	0
Nuveen CA Muni Value Fund	COM	67062C107	3,149	281,400	SH		SOLE		280,400	0	1,000
Nuveen CA Municipal Value Fund	COM	6706EB106	202	11,340	SH		SOLE		10,740	0	600
Nuveen Credit Strategies Incom	COM SHS	67073d102	9,314	1,152,749	SH		SOLE		1,052,231	0	100,518
Nuveen Credit Strategies Incom	COM SHS	67073d102	1,131	140,000	SH		DFND	1	140,000	0	0
Nuveen Enhanced AMT-Free Muni	COM	67071l106	4,484	275,779	SH		SOLE		260,752	0	15,027
Nuveen Enhanced Municipal Cred	COM SH BEN INT	67070x101	4,426	278,037	SH		SOLE		262,931	0	15,106
Nuveen Floating Rate Income Op	COM SHS	6706EN100	1,675	163,243	SH		SOLE		151,430	0	11,813
Nuveen Global High Income Fund	SHS	67075g103	838	58,256	SH		SOLE		51,438	0	6,818
Nuveen Global High Income Fund	SHS	67075g103	4	290	SH		DFND	1	290	0	0
Nuveen Global Value Opportunit	COM	6706eh103	233	20,000	SH		DFND	1	20,000	0	0
Nuveen Preferred Income Opport	COM	67073b106	6,105	609,251	SH		SOLE		578,428	0	30,823
Nuveen Quality Preferred Incom	COM	67072C105	2,351	254,152	SH		SOLE		233,007	0	21,145
Oaktree Capital Group LLC	UNIT CL A	674001201	11,309	252,668	SH		SOLE		223,085	0	29,583
Oaktree Capital Group LLC	UNIT CL A	674001201	1,289	28,801	SH		DFND	1	28,801	0	0
Occidental Petroleum Corp	COM	674599105	11,597	153,483	SH		SOLE		132,803	0	20,680
ONEOK Inc	COM	682680103	1,131	23,843	SH		SOLE		23,843	0	0
Oracle Corp	COM	68389X105	28,659	700,185	SH		SOLE		600,088	0	100,097
PACCAR Inc	COM	693718108	207	4,000	SH		SOLE		4,000	0	0
Pacific Premier Bancorp Inc.	COM	69478x105	320	13,317	SH		SOLE		13,317	0	0
Palo Alto Networks Inc	COM	697435105	464	3,780	SH		SOLE		3,780	0	0
PayPal Holdings Inc	COM	70450y103	1,745	47,786	SH		SOLE		47,506	0	280
PCM Fund Inc	COM	69323T101	8,487	873,156	SH		SOLE		828,339	0	44,817
PCM Fund Inc	COM	69323T101	456	46,950	SH		DFND	1	46,950	0	0
Penn West Petroleum Ltd	COM	707887105	64	46,000	SH		SOLE		46,000	0	0
PepsiCo Inc	COM	713448108	2,229	21,043	SH		SOLE		19,418	0	1,625
Pfizer Inc	COM	717081103	48,741	1,384,290	SH		SOLE		1,116,204	0	268,086
Pfizer Inc	COM	717081103	1,556	44,191	SH		DFND	1	44,191	0	0
PG&E Corp	COM	69331c108	269	4,210	SH		SOLE		4,210	0	0
Philip Morris International In	COM	718172109	42,884	421,588	SH		SOLE		365,796	0	55,793
PICO Holdings Inc	COM NEW	693366205	3,479	367,761	SH		SOLE		294,940	0	72,821
PICO Holdings Inc	COM NEW	693366205	5,612	593,222	SH		DFND	1	593,222	0	0
Pimco Corporate Opportunity Fu	COM	72201b101	4,146	294,242	SH		SOLE		261,911	0	32,331
Pimco Corporate Opportunity Fu	COM	72201b101	1,916	136,013	SH		DFND	1	136,013	0	0
PIMCO Dynamic Credit Income Fu	COM SHS	72202d106	9,898	517,428	SH		SOLE		492,928	0	24,500
PIMCO Dynamic Credit Income Fu	COM SHS	72202d106	1,511	79,000	SH		DFND	1	79,000	0	0
PIMCO Dynamic Income Fund	SHS	72201y101	3,283	119,089	SH		SOLE		102,462	0	16,627
PIMCO Dynamic Income Fund	SHS	72201y101	689	25,000	SH		DFND	1	25,000	0	0
Pimco Enhanced Short Maturity	ENHAN SHRT MA AC	72201r833	1,336	13,203	SH		SOLE		13,203	0	0
Pimco Income Strategy Fund	COM	72201H108	900	87,616	SH		SOLE		51,461	0	36,155
Pimco Income Strategy Fund II	COM	72201j104	9,827	1,068,122	SH		SOLE		1,024,590	0	43,532
Pimco Municipal Income Fund II	COM	72200w106	537	38,445	SH		SOLE		38,445	0	0
Pimco Municipal Income Fund II	COM	72201a103	628	48,723	SH		SOLE		23,979	0	24,744
PIMCO Total Return ETF	TTL RTN ACTV ETF	72201r775	271	2,525	SH		SOLE		2,525	0	0
Powershares Emerging Markets D	SOVEREIGN DEBT	73936T573	314	10,628	SH		SOLE		10,628	0	0
Procter & Gamble Co	COM	742718109	1,869	22,074	SH		SOLE		17,120	0	4,954
Prospect Capital Corp	COM	74348T102	376	48,133	SH		SOLE		48,133	0	0
Prudential Financial Inc	COM	744320102	886	12,419	SH		SOLE		12,419	0	0
Public Storage	COM	74460d109	749	2,931	SH		SOLE		2,931	0	0
QTS Realty Trust Inc	COM CL A	74736a103	657	11,736	SH		SOLE		11,736	0	0
QUALCOMM Inc	COM	747525103	15,377	287,047	SH		SOLE		226,520	0	60,527
QUALCOMM Inc	COM	747525103	728	13,584	SH		DFND	1	13,584	0	0
Raytheon Co	COM NEW	755111507	317	2,329	SH		SOLE		1,113	0	1,216
Realty Income Corp	COM	756109104	865	12,465	SH		SOLE		11,228	0	1,237
Republic Services Inc	COM	760759100	17,936	349,564	SH		SOLE		294,199	0	55,365
Retail Opportunity Investments	COM	76131n101	6,133	283,015	SH		SOLE		260,695	0	22,320
Rexford Industrial Realty Inc	COM	76169c100	36,696	1,739,951	SH		SOLE		1,408,860	0	331,091
Rivernorth Opportunities Fund	COM	76881y109	592	31,200	SH		DFND	1	31,200	0	0
RLI Corp	COM	749607107	279	4,051	SH		SOLE		4,051	0	0
Rockwell Automation Inc	COM	773903109	373	3,248	SH		SOLE		3,248	0	0
Rockwell Collins Inc	COM	774341101	383	4,500	SH		SOLE		4,500	0	0
Royal Dutch Shell PLC - ADR A	SPONS ADR A	780259206	704	12,752	SH		SOLE		12,752	0	0
Rubicon Minerals Corp	COM	780911103	1	14,000	SH		SOLE		14,000	0	0
Schlumberger Ltd	COM	806857108	866	10,957	SH		SOLE		10,074	0	883
Sempra Energy	COM	816851109	378	3,316	SH		SOLE		3,316	0	0
Skyworks Solutions Inc	COM	83088m102	611	9,648	SH		SOLE		6,562	0	3,086
SPDR BarCap ST High Yield Bond	SHT TRM HGH YLD	78468r408	2,458	91,053	SH		SOLE		79,078	0	11,975
SPDR Barclays Capital Short Te	BARC SHT TR CP	78464A474	970	31,510	SH		SOLE		31,510	0	0
SPDR Gold Trust	GLD SHS	78463v107	544	4,303	SH		SOLE		4,303	0	0
SPDR Nuveen Barclays Capital S	NUVN BR SHT MUNI	78468r739	803	16,370	SH		SOLE		16,370	0	0
Spdr S&P 500 Etf Tr Tr Unit	TR UNIT	78462F103	3,812	18,196	SH		SOLE		16,386	0	1,810
SPDR S&P Dividend ETF	S&P DIVID ETF	78464A763	318	3,792	SH		SOLE		3,792	0	0
Special Opportunities Fund Inc	COM	84741t104	230	16,744	SH		DFND	1	16,744	0	0
Starbucks Corp	COM	855244109	8,501	148,823	SH		SOLE		143,788	0	5,035
Starwood Property Trust Inc	COM	85571b105	19,051	919,450	SH		SOLE		809,370	0	110,079
Sysco Corp	COM	871829107	418	8,244	SH		SOLE		8,244	0	0
Tanzanian Royalty Exploration	COM	87600u104	82	117,371	SH		SOLE		117,371	0	0
Templeton Emerging Markets Inc	COM	880192109	981	93,721	SH		SOLE		90,236	0	3,485
Templeton Emerging Markets Inc	COM	880192109	356	33,997	SH		DFND	1	33,997	0	0
Teva Pharmaceutical Industries	ADR	881624209	3,220	64,097	SH		SOLE		55,147	0	8,950
Teva Pharmaceutical Industries	ADR	881624209	2,486	49,486	SH		DFND	1	49,486	0	0
Ticc Capital Corp Com	COM	87244T109	132	25,126	SH		SOLE		25,126	0	0
Time Warner Inc	COM NEW	887317303	1,523	20,710	SH		SOLE		18,474	0	2,236
TJX Cos Inc	COM	872540109	22,414	290,222	SH		SOLE		247,758	0	42,464
Toll Brothers Inc	COM	889478103	349	12,952	SH		SOLE		12,952	0	0
Tortoise Energy Infrastructure	COM	89147l100	224	7,265	SH		SOLE		5,215	0	2,050
Total SA	SPONSORED ADR	89151E109	231	4,800	SH		SOLE		2,300	0	2,500
Travelers Cos Inc/The	COM	89417e109	359	3,015	SH		SOLE		2,315	0	700
Twenty First Centy Fox Cl A	CL A	90130a101	9,363	346,137	SH		SOLE		293,548	0	52,589
Twilio Inc	CL A	90138f102	383	10,500	SH		SOLE		10,500	0	0
UCP Inc CL A	CL A	90265y106	393	48,953	SH		SOLE		44,948	0	4,005
UCP Inc CL A	CL A	90265y106	886	110,469	SH		DFND	1	110,469	0	0
Unilever NV	N Y SHS NEW	904784709	704	15,000	SH		SOLE		15,000	0	0
Union Pacific Corp	COM	907818108	361	4,133	SH		SOLE		2,543	0	1,590
United Parcel Service Inc	CL B	911312106	33,095	307,233	SH		SOLE		263,571	0	43,661
United Technologies Corp	COM	913017109	272	2,650	SH		SOLE		2,650	0	0
UnitedHealth Group Inc	COM	91324P102	1,508	10,678	SH		SOLE		10,678	0	0
VanEck Vectors AMT-Free Short	AMT FREE SHORT M	92189f528	806	45,450	SH		SOLE		45,450	0	0
VanEck Vectors Investment Grad	INVT GRADE FLTG	92189f486	803	32,350	SH		SOLE		32,350	0	0
Vanguard Mid Cap ETF	MID CAP ETF	922908629	2,697	21,819	SH		SOLE		21,819	0	0
Vanguard REIT ETF	REIT ETF	922908553	2,621	29,564	SH		SOLE		24,381	0	5,183
Vanguard S&P 500 ETF	S&P 500 ETF SHS	922908363	3,813	19,841	SH		SOLE		19,841	0	0
Vanguard S&P Small-Cap 600 ETF	SMLLCP 600 IDX	921932828	1,313	12,480	SH		SOLE		12,480	0	0
Vanguard Short Term Corporate	SHTRM GVT BD ETF	92206c409	302	3,741	SH		SOLE		3,741	0	0
Vector Group Ltd	COM	92240m108	917	40,919	SH		SOLE		35,383	0	5,536
Vereit, Inc.	COM	92339v100	69,910	6,894,476	SH		SOLE		5,777,056	0	1,117,420
Vereit, Inc.	COM	92339v100	2,379	234,600	SH		DFND	1	234,600	0	0
Verizon Communications Inc	COM	92343v104	606	10,851	SH		SOLE		8,353	0	2,498
Visa Inc	COM CL A	92826C839	202	2,722	SH		SOLE		2,422	0	300
Walgreens Boots Alliance Inc	COM	931427108	325	3,900	SH		SOLE		3,500	0	400
Wal-Mart Stores Inc	COM	931142103	420	5,752	SH		SOLE		5,585	0	167
Walt Disney Co	COM DISNEY	254687106	15,313	156,538	SH		SOLE		132,951	0	23,587
Wells Fargo & Co	COM	949746101	27,204	574,778	SH		SOLE		494,474	0	80,303
Wells Fargo Multi-Sector Incom	WF MLT SECTR INC	94987D101	1,990	157,337	SH		SOLE		137,966	0	19,371
Western Asset Emerging Markets	COM	95766a101	46	2,960	SH		SOLE		2,960	0	0
Western Asset Emerging Markets	COM	95766a101	353	22,973	SH		DFND	1	22,973	0	0
WisdomTree Total Dividend Fund	TOTAL DIVID FD	97717w109	368	4,800	SH		SOLE		4,800	0	0
Wynn Resorts Ltd	COM	983134107	1,304	14,392	SH		SOLE		14,211	0	181
Wynn Resorts Ltd	COM	983134107	1,331	14,680	SH		DFND	1	14,680	0	0
Yahoo! Inc	COM	984332106	380	10,106	SH		SOLE		10,106	0	0
Zoetis Inc.	CL A	98978v103	754	15,878	SH		SOLE		8,460	0	7,418