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	514	2,473	SH		SOLE		2,429	0	44
Abbott Laboratories	COM	002824100	470	5,879	SH		SOLE		3,977	0	1,902
AbbVie Inc	COM	00287y109	893	11,084	SH		SOLE		6,770	0	4,314
Accenture PLC	SHS CLASS A	g1151c101	833	4,730	SH		SOLE		3,375	0	1,355
Activision Blizzard Inc	COM	00507v109	360	7,914	SH		SOLE		3,679	0	4,235
AK Steel Holding Corp	COM	001547108	49	18,000	SH		SOLE		18,000	0	0
Alexandria Real Estate Equitie	COM	015271109	2,747	19,270	SH		SOLE		19,200	0	70
Alexandria RE Equities Inc Pfd Series D 7	PFD CONV SER D	015271505	2,318	61,184	SH		SOLE		55,484	0	5,700
Alibaba Group Holding Inc	SPONSORED ADS	01609w102	273	1,495	SH		SOLE		1,159	0	336
Align Technology Inc	COM	016255101	221	778	SH		SOLE		491	0	287
Allergan PLC	SHS	g0177j108	645	4,406	SH		SOLE		4,362	0	44
Allianzgi Convertible & Income	COM	018825109	67	11,760	SH		SOLE		11,760	0	0
Alphabet Inc Class A	CAP STK CL A	02079k305	3,406	2,894	SH		SOLE		1,311	0	1,583
Alphabet Inc Class A	CAP STK CL A	02079k305	684	581	SH		DFND	1	581	0	0
Alphabet Inc Class C	CAP STK CL C	02079k107	55,532	47,329	SH		SOLE		42,841	0	4,488
Alphabet Inc Class C	CAP STK CL C	02079k107	3,058	2,606	SH		DFND	1	2,606	0	0
Altria Group Inc	COM	02209s103	930	16,193	SH		SOLE		13,443	0	2,750
Amazon.com Inc	COM	023135106	29,163	16,377	SH		SOLE		14,419	0	1,958
Amazon.com Inc	COM	023135106	1,540	865	SH		DFND	1	865	0	0
American Express Co	COM	025816109	223	2,039	SH		SOLE		1,359	0	680
American Finance Trust Inc - Cl A	COM CLASS A	02607t109	556	51,454	SH		SOLE		34,817	0	16,637
American Water Works Co Inc	COM	030420103	233	2,237	SH		SOLE		0	0	2,237
AmerisourceBergen Corp	COM	03073e105	4,410	55,458	SH		SOLE		52,146	0	3,312
Amgen Inc	COM	031162100	570	3,000	SH		SOLE		1,677	0	1,323
Analog Devices Inc	COM	032654105	2,156	20,479	SH		SOLE		4,565	0	15,914
Anheuser-Busch InBev NV ADR	SPONSORED ADR	03524a108	10,169	121,100	SH		SOLE		107,744	0	13,356
Anheuser-Busch InBev NV ADR	SPONSORED ADR	03524a108	1,710	20,370	SH		DFND	1	20,370	0	0
Annaly Capital Management Inc	COM	035710409	208	20,800	SH		SOLE		20,630	0	170
Anthem Inc	COM	036752103	2,857	9,957	SH		SOLE		9,074	0	883
Apple Inc	COM	037833100	12,751	67,128	SH		SOLE		52,375	0	14,754
Applied Materials Inc	COM	038222105	244	6,156	SH		SOLE		4,369	0	1,787
Aptiv PLC	SHS	g6095l109	780	9,818	SH		SOLE		2,243	0	7,575
Armstrong World Industries Inc	COM	04247x102	1,584	19,941	SH		SOLE		4,325	0	15,616
AT&T Inc	COM	00206r102	1,689	53,862	SH		SOLE		47,927	0	5,935
Automatic Data Processing Inc	COM	053015103	257	1,608	SH		SOLE		331	0	1,277
Axos Financial Inc	COM	05465c100	1,390	48,000	SH		SOLE		48,000	0	0
Baidu Inc	SPON ADR REP A	056752108	2,196	13,323	SH		SOLE		12,122	0	1,201
Ball Corp	COM	058498106	22,813	394,275	SH		SOLE		351,043	0	43,231
Bank of America Corp	COM	060505104	1,082	39,211	SH		SOLE		35,351	0	3,860
Bank of America Non-Cumulative	7.25%CNV PFD L	060505682	1,336	1,026	SH		SOLE		878	0	148
Bank of New York Mellon Co	COM	064058100	22,542	446,997	SH		SOLE		394,635	0	52,362
Baxter International Inc	COM	071813109	2,010	24,722	SH		SOLE		5,110	0	19,612
Berkshire Hathaway CL A	CL A	084670108	4,518	15	SH		SOLE		15	0	0
Berkshire Hathaway Inc Cl B	CL B NEW	084670702	52,546	261,567	SH		SOLE		234,529	0	27,038
Berkshire Hathaway Inc Cl B	CL B NEW	084670702	3,389	16,870	SH		DFND	1	16,870	0	0
BlackRock California Municipal	SH BEN INT	09248e102	1,885	146,951	SH		SOLE		143,102	0	3,849
BlackRock Core Bond Trust	SHS BEN INT	09249e101	2,946	219,042	SH		SOLE		203,045	0	15,996
BlackRock Credit Allocation In	COM	092508100	3,108	250,421	SH		SOLE		234,023	0	16,398
BlackRock Floating Rate Income	COM	09255x100	4,005	320,425	SH		SOLE		297,136	0	23,289
BlackRock Floating Rate Income	COM	091941104	158	12,908	SH		SOLE		12,908	0	0
BlackRock Inc	COM	09247x101	19,878	46,511	SH		SOLE		42,109	0	4,402
BlackRock Limited Duration Inc	COM SHS	09249w101	4,060	276,195	SH		SOLE		255,034	0	21,161
BlackRock Multi-Sector Income	COM	09258a107	3,158	190,351	SH		SOLE		174,736	0	15,616
BlackRock Municipal 2030 Targe	COM SHS BEN IN	09257p105	1,539	69,199	SH		SOLE		54,742	0	14,457
BlackRock MuniHoldings Califor	COM	09254l107	2,997	226,192	SH		SOLE		197,746	0	28,446
BlackRock MuniYield California	COM	09254m105	1,367	102,224	SH		SOLE		98,624	0	3,600
BlackRock MuniYield California	COM	09254n103	1,684	125,009	SH		SOLE		121,381	0	3,628
BlackRock Taxable Municipal Bo	SHS	09248x100	1,089	48,556	SH		SOLE		44,528	0	4,028
BlackRock Taxable Municipal Bo	SHS	09248x100	1,615	72,021	SH		DFND	1	72,021	0	0
Bloom Energy Corp	COM CL A	093712107	593	45,918	SH		SOLE		45,918	0	0
Boeing Co	COM	097023105	2,840	7,445	SH		SOLE		5,046	0	2,399
Booking Holdings Inc	COM	09857l108	11,338	6,498	SH		SOLE		5,980	0	518
BP PLC	SPONSORED ADR	055622104	318	7,269	SH		SOLE		6,789	0	480
Bristol Myers Squibb Co	COM	110122108	280	5,868	SH		SOLE		2,644	0	3,224
British American Tobacco PLC A	SPONSORED ADR	110448107	2,785	66,746	SH		SOLE		59,033	0	7,713
Broadcom Inc	COM	11135f101	1,755	5,836	SH		SOLE		5,525	0	311
Brookfield Asset Management In	CL A LTD VT SH	112585104	15,538	333,067	SH		SOLE		300,011	0	33,056
Brookfield Asset Management In	CL A LTD VT SH	112585104	771	16,520	SH		DFND	1	16,520	0	0
Brookfield Infrastructure Part	LP INT UNIT	g16252101	1,151	27,500	SH		SOLE		27,500	0	0
Brookfield Property REIT Inc	CL A	11282x103	940	45,856	SH		SOLE		36,690	0	9,166
Brookfield Property REIT Inc	CL A	11282x103	458	22,350	SH		DFND	1	22,350	0	0
Brookfield Real Assets Income	SHS BEN INT	112830104	910	42,102	SH		SOLE		35,398	0	6,704
Brown Forman Corp Class B With	CL B	115637209	1,779	33,708	SH		SOLE		31,150	0	2,558
Brown-Forman Corp Class A Shar	CL A	115637100	306	5,980	SH		SOLE		5,980	0	0
Calamos Global Dynamic Income	COM	12811l107	80	10,000	SH		SOLE		10,000	0	0
Caledonia Mining Corp PLC	SHS NEW	g1757e113	116	19,200	SH		SOLE		0	0	19,200
Canadian National Railway Co	COM	136375102	2,677	29,920	SH		SOLE		140	0	29,780
Cardiovascular Systems Inc	COM	141619106	253	6,550	SH		SOLE		6,550	0	0
CarMax Inc	COM	143130102	2,740	39,251	SH		SOLE		36,448	0	2,803
Caterpillar Inc	COM	149123101	610	4,500	SH		SOLE		2,400	0	2,100
Celgene Corp	COM	151020104	122	1,290	SH		SOLE		197	0	1,093
Celgene Corp	COM	151020104	170	1,800	SH		DFND	1	1,800	0	0
CenturyLink Inc	COM	156700106	10,941	912,500	SH		SOLE		816,060	0	96,439
CenturyLink Inc	COM	156700106	2,998	250,059	SH		DFND	1	250,059	0	0
Charles Schwab Corp	COM	808513105	2,113	49,419	SH		SOLE		48,021	0	1,398
Cheniere Energy Partners LP	COM UNIT	16411Q101	210	5,000	SH		SOLE		5,000	0	0
Chevron Corp	COM	166764100	5,100	41,400	SH		SOLE		29,731	0	11,669
Cigna Corp	COM	125523100	327	2,036	SH		SOLE		1,865	0	171
Cisco Systems Inc	COM	17275R102	5,119	94,817	SH		SOLE		43,741	0	51,076
Citigroup Inc	COM NEW	172967424	291	4,684	SH		SOLE		3,734	0	950
Citigroup Inc	COM NEW	172967424	1,628	26,160	SH		DFND	1	26,160	0	0
Coca-Cola Co	COM	191216100	3,439	73,397	SH		SOLE		28,059	0	45,338
Cohen & Steers Limited Duratio	COM	19248c105	1,753	74,041	SH		SOLE		63,727	0	10,313
Cohen & Steers Limited Duratio	COM	19248c105	1,022	43,197	SH		DFND	1	43,197	0	0
Colgate-Palmolive Co	COM	194162103	284	4,146	SH		SOLE		3,988	0	158
Collectors Universe Inc	COM NEW	19421r200	1,289	73,583	SH		SOLE		63,805	0	9,778
Comcast Corp	CL A	20030n101	545	13,643	SH		SOLE		9,716	0	3,927
ConocoPhillips	COM	20825C104	675	10,117	SH		SOLE		1,754	0	8,363
Consumer Staples Select Sector	SBI CONS STPLS	81369y308	244	4,343	SH		SOLE		3,643	0	700
Cooper Cos Inc/The	COM NEW	216648402	3,545	11,970	SH		SOLE		11,261	0	709
Cornerstone Strategic Value Fu	COM	21924b302	304	25,000	SH		SOLE		25,000	0	0
Costco Wholesale Corp	COM	22160k105	1,754	7,242	SH		SOLE		6,562	0	680
Crown Castle International Cor	COM	22822v101	207	1,616	SH		SOLE		369	0	1,247
Cushing MLP & Infrastructure T	COM NEW	231631201	130	12,468	SH		SOLE		12,468	0	0
CVS Health Corp	COM	126650100	526	9,751	SH		SOLE		8,375	0	1,376
Delta Air Lines Inc	COM NEW	247361702	214	4,146	SH		SOLE		4,000	0	146
Diageo PLC ADR	SPON ADR NEW	25243q205	2,697	16,486	SH		SOLE		14,216	0	2,270
Dominion Energy Inc	COM	25746u109	522	6,814	SH		SOLE		6,673	0	141
Doubleline Income Solutions Cl	COM	258622109	790	39,658	SH		SOLE		28,233	0	11,425
Doubleline Income Solutions Cl	COM	258622109	929	46,617	SH		DFND	1	46,617	0	0
Doubleline Opportunistic Credi	COM	258623107	1,262	62,485	SH		SOLE		62,485	0	0
Doubleline Opportunistic Credi	COM	258623107	1,486	73,567	SH		DFND	1	73,567	0	0
DoubleLine Total Return Tactic	SPDR TR TACTIC	78467v848	601	12,431	SH		SOLE		12,431	0	0
DowDuPont Inc	COM	26078j100	9,295	174,364	SH		SOLE		26,837	0	147,527
Duke Energy Corp	COM NEW	26441c204	312	3,464	SH		SOLE		486	0	2,978
Eaton Vance California Municip	SH BEN INT	27826f101	2,260	188,370	SH		SOLE		173,728	0	14,642
Eaton Vance Limited Duration I	COM	27828h105	4,247	335,742	SH		SOLE		313,827	0	21,915
Eaton Vance Municipal Bond Fun	COM	27827X101	670	54,002	SH		SOLE		22,508	0	31,494
Eaton Vance Municipal Incm 202	SHS	27829U105	1,077	53,412	SH		SOLE		25,582	0	27,830
Eaton Vance National Muni	COM SHS	27829l105	369	17,486	SH		SOLE		11,792	0	5,694
eBay Inc	COM	278642103	1,028	27,680	SH		SOLE		9,998	0	17,682
Edison International	COM	281020107	856	13,826	SH		SOLE		13,727	0	99
Edwards Lifesciences Corp	COM	28176e108	346	1,811	SH		SOLE		401	0	1,410
Elanco Animal Health Inc	COM	28414h103	737	22,984	SH		SOLE		5,049	0	17,935
Electronic Arts Inc	COM	285512109	778	7,659	SH		SOLE		1,683	0	5,976
Eli Lilly & Co	COM	532457108	450	3,469	SH		SOLE		1,429	0	2,040
Emerson Electric Co	COM	291011104	606	8,847	SH		SOLE		6,800	0	2,047
Enbridge Inc	COM	29250n105	6,657	183,578	SH		SOLE		171,888	0	11,690
Enterprise Products Partners L	COM	293792107	410	14,104	SH		SOLE		12,393	0	1,710
Exxon Mobil Corp	COM	30231g102	3,651	45,190	SH		SOLE		37,492	0	7,698
Facebook Inc	CL A	30303m102	124,347	745,980	SH		SOLE		731,752	0	14,228
Facebook Inc	CL A	30303m102	1,563	9,375	SH		DFND	1	9,375	0	0
First Trust Senior Floating Ra	COM	33733u108	3,073	259,950	SH		SOLE		237,634	0	22,316
Fiserv Inc	COM	337738108	1,034	11,712	SH		SOLE		2,538	0	9,174
Flaherty & Crumrine Preferred	COM	338478100	983	51,977	SH		SOLE		45,873	0	6,103
Flaherty and Crumrine Dynamic	SHS	33848w106	1,382	58,184	SH		SOLE		50,689	0	7,495
Flaherty and Crumrine Dynamic	SHS	33848w106	516	21,712	SH		DFND	1	21,712	0	0
Fox Corp	CL A COM	35137l105	4,704	128,128	SH		SOLE		113,581	0	14,546
GAMCO Global Gold Natural Reso	COM SH BEN INT	36465a109	91	20,871	SH		SOLE		20,871	0	0
Gaming & Leisure Properties	COM	36467j108	37,973	984,526	SH		SOLE		984,455	0	71
Gap Inc	COM	364760108	269	10,278	SH		SOLE		10,200	0	78
GCI Liberty Inc	COM CLASS A	36164v305	262	4,707	SH		SOLE		4,635	0	72
GCI Liberty Inc	COM CLASS A	36164v305	1,201	21,600	SH		DFND	1	21,600	0	0
General Dynamics Corp	COM	369550108	227	1,342	SH		SOLE		1,302	0	40
General Electric Co	COM	369604103	394	39,453	SH		SOLE		26,171	0	13,282
General Mills Inc	COM	370334104	233	4,506	SH		SOLE		4,126	0	380
Gilead Sciences Inc	COM	375558103	4,100	63,070	SH		SOLE		61,178	0	1,892
Glacier Bancorp Inc	COM	37637Q105	390	9,724	SH		SOLE		9,724	0	0
Goldman Sachs ActiveBeta Eme	ACTIVEBETA EME	381430206	847	26,040	SH		SOLE		25,596	0	444
Goldman Sachs ActiveBeta Inte	ACTIVEBETA INT	381430107	1,606	57,260	SH		SOLE		56,364	0	896
Goldman Sachs ActiveBeta U.S.	EQUITY ETF	381430503	1,094	19,255	SH		SOLE		19,255	0	0
Goldman Sachs Group Inc	COM	38141G104	18,549	96,613	SH		SOLE		86,335	0	10,278
Goldman Sachs MLP Income Oppor	COM SHS	38147w103	4,084	508,632	SH		SOLE		447,878	0	60,754
Guggenheim Build America Bonds	COM	401664107	11	480	SH		SOLE		480	0	0
Guggenheim Build America Bonds	COM	401664107	472	20,849	SH		DFND	1	20,849	0	0
Hain Celestial Group Inc/The	COM	405217100	289	12,511	SH		SOLE		12,500	0	11
Halliburton Co	COM	406216101	15,641	533,825	SH		SOLE		487,268	0	46,557
Highland/iBoxx Senior Loan ETF	HI LD IBOXX SRLN	430101774	1,209	68,660	SH		SOLE		66,337	0	2,323
Home Depot Inc	COM	437076102	1,698	8,850	SH		SOLE		7,328	0	1,522
Honeywell International Inc	COM	438516106	3,223	20,280	SH		SOLE		19,134	0	1,146
Intel Corp	COM	458140100	2,011	37,448	SH		SOLE		25,577	0	11,871
IntercontinentalExchange Inc	COM	45866f104	1,145	15,036	SH		SOLE		3,367	0	11,669
International Business Machine	COM	459200101	680	4,817	SH		SOLE		3,898	0	919
Invesco Dynamic Credit Opportu	COM	46132r104	4,150	382,491	SH		SOLE		349,857	0	32,634
Invesco QQQ Trust Series 1	UNIT SER 1	46090e103	1,006	5,597	SH		SOLE		4,297	0	1,300
Invesco Quality Municipal Inco	COM	46133G107	758	62,602	SH		SOLE		50,970	0	11,632
Invesco S&P 500 Equal Weight E	S&P500 EQL WGT	46137v357	213	2,040	SH		SOLE		2,040	0	0
Invesco Value Municipal Income	COM	46132p108	428	29,667	SH		SOLE		24,664	0	5,003
Invesco Van Kampen CA Value Mu	COM	46132h106	1,634	134,479	SH		SOLE		128,083	0	6,396
Invesco Variable Rate Investme	VAR RATE INVT	46090a879	1,140	45,833	SH		SOLE		45,527	0	306
IQ Enhanced Core Plus Bond US	IQ ENCH COR PL	45409b479	200	10,419	SH		SOLE		10,307	0	112
IQ Merger Arbitrage ETF	IQ MRGR ARB ETF	45409b800	598	18,733	SH		SOLE		18,670	0	63
IQVIA Holdings Inc	COM	46266c105	7,013	48,749	SH		SOLE		46,392	0	2,357
iShares Cohen & Steers Realty	COHEN STEER REIT	464287564	201	1,810	SH		SOLE		1,810	0	0
iShares Core MSCI EAFE ETF	CORE MSCI EAFE	46432f842	7,896	129,934	SH		SOLE		119,115	0	10,819
iShares Core MSCI Emerging M	CORE MSCI EMKT	46434g103	5,279	102,081	SH		SOLE		102,081	0	0
iShares Core S&P Total US Stoc	CORE S&P TTL STK	464287150	3,116	48,392	SH		SOLE		47,175	0	1,217
iShares Core U.S. Aggregate Bo	CORE US AGGBD ET	464287226	886	8,125	SH		SOLE		7,251	0	874
iShares DJ Select Dividend Ind	SELECT DIVID ETF	464287168	291	2,962	SH		SOLE		2,412	0	550
iShares Edge MSCI Min Vol EAFE	MIN VOL EAFE ETF	46429b689	429	5,963	SH		SOLE		5,963	0	0
iShares Edge MSCI Multifactor	MULTIFACTOR USA	46434v282	5,016	161,636	SH		SOLE		156,817	0	4,819
iShares Floating Rate Bond Fun	FLTG RATE NT ETF	46429b655	314	6,167	SH		SOLE		5,767	0	400
iShares Iboxx High Yield Corpo	IBOXX HI YD ETF	464288513	213	2,459	SH		SOLE		2,066	0	393
iShares MSCI EAFE ETF	MSCI EAFE ETF	464287465	597	9,209	SH		SOLE		8,360	0	849
iShares MSCI KLD 400 Social Id	MSCI KLD400 SOC	464288570	705	6,680	SH		SOLE		6,680	0	0
iShares Russell 1000 Growth In	RUS 1000 GRW ETF	464287614	438	2,893	SH		SOLE		2,893	0	0
iShares Russell 1000 Value Ind	RUS 1000 VAL ETF	464287598	353	2,857	SH		SOLE		2,857	0	0
iShares Russell 2000 Value Ind	RUS 2000 VAL ETF	464287630	698	5,822	SH		SOLE		5,822	0	0
iShares S&P 500 Index Fund	CORE S&P500 ETF	464287200	10,686	37,554	SH		SOLE		33,938	0	3,616
iShares S&P California Municip	CALIF MUN BD ETF	464288356	2,068	34,708	SH		SOLE		34,708	0	0
iShares S&P S/T Nationall AMT-	SHRT NAT MUN ETF	464288158	357	3,372	SH		SOLE		3,372	0	0
Jacobs Engineering Group Inc	COM	469814107	416	5,531	SH		SOLE		4,345	0	1,186
Johnson & Johnson	COM	478160104	24,129	172,609	SH		SOLE		150,362	0	22,247
JPMorgan Chase & Co	COM	46625h100	24,892	245,892	SH		SOLE		225,328	0	20,564
Kayne Anderson Midstream/Energ	COM	48661e108	7,848	659,498	SH		SOLE		584,886	0	74,612
Kayne Anderson Midstream/Energ	COM	48661e108	1,648	138,448	SH		DFND	1	138,448	0	0
Kayne Anderson MLP/Midstream I	COM	486606106	11,855	739,539	SH		SOLE		680,009	0	59,530
Kennametal Inc	COM	489170100	577	15,688	SH		SOLE		3,554	0	12,134
Kimberly-Clark Corp	COM	494368103	327	2,639	SH		SOLE		1,547	0	1,092
Kinder Morgan Inc	COM	49456B101	1,210	60,480	SH		SOLE		49,660	0	10,820
Lam Research Corp	COM	512807108	286	1,595	SH		SOLE		1,531	0	64
Las Vegas Sands Corp	COM	517834107	1,748	28,671	SH		SOLE		24,378	0	4,292
Lennar Corp Cl B	CL B	526057302	12,051	308,051	SH		SOLE		276,373	0	31,679
Lennar Corp Cl B	CL B	526057302	422	10,800	SH		DFND	1	10,800	0	0
Liberty Broadband Corp Com Cl	COM SER C	530307305	15,048	164,027	SH		SOLE		148,277	0	15,750
Liberty Global PLC	SHS CL C	g5480u120	1,548	63,951	SH		DFND		63,951	0	0
Liberty Global PLC	SHS CL A	g5480u104	244	9,772	SH		DFND		9,772	0	0
Liberty Media Corp Series C	COM SER C FRMLA	531229854	623	17,775	SH		SOLE		17,455	0	320
Liberty Media Corp-Liberty For	COM SER A FRMLA	531229870	575	16,891	SH		SOLE		16,722	0	169
Liberty Media Corp-Liberty For	COM SER A FRMLA	531229870	4,367	128,284	SH		DFND	1	128,284	0	0
Linde PLC	COM	g5494j103	14,047	79,845	SH		SOLE		71,750	0	8,095
Lockheed Martin Corp	COM	539830109	586	1,952	SH		SOLE		1,556	0	396
Lowe's Companies Inc	COM	548661107	20,484	187,118	SH		SOLE		163,625	0	23,493
Macerich Co	COM	554382101	539	12,431	SH		SOLE		11,874	0	557
Magellan Midstream Partners LP	COM UNIT RP LP	559080106	236	3,887	SH		SOLE		3,886	0	1
Mallinckrodt PLC	SHS	g5785g107	2,369	108,977	SH		SOLE		30,000	0	78,977
Marathon Oil Corp	COM	565849106	191	11,402	SH		SOLE		11,000	0	402
Marathon Petroleum Corp	COM	56585a102	213	3,562	SH		SOLE		3,353	0	209
Martin Marietta Materials Inc	COM	573284106	19,440	96,628	SH		SOLE		87,030	0	9,599
Mastercard Inc	CL A	57636q104	21,397	90,877	SH		SOLE		85,165	0	5,712
McDonald's Corp	COM	580135101	1,706	8,983	SH		SOLE		7,809	0	1,174
Medtronic PLC	SHS	g5960l103	27,102	297,564	SH		SOLE		242,802	0	54,762
Merck & Co Inc	COM	58933Y105	1,254	15,082	SH		SOLE		13,215	0	1,867
MFS Multi-Market	SH BEN INT	552737108	2,921	514,278	SH		SOLE		477,303	0	36,974
Microsoft Corp	COM	594918104	145,047	1,229,833	SH		SOLE		1,187,998	0	41,835
Molina Healthcare Inc	COM	60855r100	3,403	23,973	SH		SOLE		23,973	0	0
Molson Coors Brewing Co	CL B	60871R209	331	5,547	SH		SOLE		1,211	0	4,336
Mondelez International Inc	CL A	609207105	457	9,152	SH		SOLE		8,952	0	200
Motorola Solutions Inc	COM NEW	620076307	897	6,386	SH		SOLE		1,489	0	4,897
MYnd Analytics Inc	COM NEW	62857n202	22	16,000	SH		SOLE		16,000	0	0
National Oilwell Varco Inc	COM	637071101	285	10,684	SH		SOLE		10,658	0	26
Netflix Inc	COM	64110l106	383	1,073	SH		SOLE		808	0	265
Neuberger Berman CA Interm Mu	COM	64123c101	1,238	95,020	SH		SOLE		85,922	0	9,098
Neuberger Berman Real Estate S	COM	64190a103	73	14,589	SH		SOLE		14,589	0	0
New America High Income Fund	COM NEW	641876800	4,193	493,346	SH		SOLE		454,419	0	38,927
NextEra Energy Inc	COM	65339F101	503	2,600	SH		SOLE		2,335	0	265
Nextpoint Residential Trust	COM	65341d102	502	13,094	SH		SOLE		0	0	13,094
NIKE Inc	CL B	654106103	1,609	19,103	SH		SOLE		6,322	0	12,781
Nuveen Amt-Free Municipal Inco	COM	670657105	294	22,023	SH		SOLE		10,070	0	11,953
Nuveen Build America Bond Fund	COM	67074c103	657	31,998	SH		SOLE		27,499	0	4,499
Nuveen Build America Bond Fund	COM	67074c103	950	46,284	SH		DFND	1	46,284	0	0
Nuveen CA Muni Value Fund	COM	67062C107	6,777	708,840	SH		SOLE		639,953	0	68,887
Nuveen CA Sel Tax Free Income	SH BEN INT	67063r103	523	37,024	SH		SOLE		37,024	0	0
Nuveen California AMT-Free Qua	COM	670651108	1,599	114,853	SH		SOLE		99,493	0	15,360
Nuveen California Quality Muni	COM	67066y105	5,116	371,268	SH		SOLE		321,555	0	49,713
Nuveen Credit Strategies Incom	COM SHS	67073d102	7,288	942,844	SH		SOLE		892,243	0	50,601
Nuveen Credit Strategies Incom	COM SHS	67073d102	928	120,000	SH		DFND	1	120,000	0	0
Nuveen Enhanced AMT-Free Muni	COM	67071l106	380	25,142	SH		SOLE		23,742	0	1,400
Nuveen Enhanced Municipal Cred	COM SH BEN INT	67070x101	359	23,839	SH		SOLE		23,839	0	0
Nuveen Intermediate Duration Q	COM	670677103	152	11,628	SH		SOLE		11,628	0	0
Nuveen Preferred Income Opport	COM	67073b106	4,642	487,144	SH		SOLE		449,122	0	38,022
Nuveen Quality Municipal Incom	COM	67066v101	161	11,886	SH		SOLE		11,886	0	0
Nuveen Quality Preferred Incom	COM	67072C105	161	17,843	SH		SOLE		13,685	0	4,158
Nuveen Real Asset Income and G	COM	67074y105	494	30,774	SH		SOLE		30,334	0	440
Nuveen Senior Income Fund	COM	67067y104	277	47,684	SH		SOLE		35,718	0	11,966
NVIDIA Corp	COM	67066g104	467	2,601	SH		SOLE		2,016	0	585
Oaktree Capital Group LLC	UNIT CL A	674001201	82	1,657	SH		SOLE		1,657	0	0
Oaktree Capital Group LLC	UNIT CL A	674001201	688	13,866	SH		DFND	1	13,866	0	0
Occidental Petroleum Corp	COM	674599105	11,316	170,935	SH		SOLE		151,643	0	19,292
Oracle Corp	COM	68389X105	665	12,390	SH		SOLE		8,097	0	4,293
O'Reilly Automotive Inc	COM	67103H107	6,783	17,468	SH		SOLE		16,547	0	921
Oxford Square Capital Corp	COM	69181v107	98	15,126	SH		SOLE		15,126	0	0
PACCAR Inc	COM	693718108	274	4,025	SH		SOLE		4,000	0	25
Pacific Mercantile Bancorp	COM	694552100	96	12,568	SH		SOLE		0	0	12,568
PayPal Holdings Inc	COM	70450y103	474	4,560	SH		SOLE		2,784	0	1,776
PCM Fund Inc	COM	69323T101	2,485	223,077	SH		SOLE		204,273	0	18,804
PepsiCo Inc	COM	713448108	1,287	10,501	SH		SOLE		8,748	0	1,753
Pfizer Inc	COM	717081103	32,947	775,763	SH		SOLE		616,082	0	159,681
Philip Morris International In	COM	718172109	28,174	318,745	SH		SOLE		288,642	0	30,102
Philip Morris International In	COM	718172109	763	8,630	SH		DFND	1	8,630	0	0
Phillips 66	COM	718546104	485	5,095	SH		SOLE		342	0	4,753
PICO Holdings Inc	COM NEW	693366205	3,629	366,512	SH		SOLE		301,507	0	65,005
PICO Holdings Inc	COM NEW	693366205	6,211	627,422	SH		DFND	1	627,422	0	0
PIMCO Active Bond ETF	ACTIVE BD ETF	72201r775	349	3,309	SH		SOLE		3,309	0	0
PIMCO CA Municipal Income Fund	COM	72200m108	597	66,159	SH		SOLE		62,847	0	3,312
PIMCO Corporate & Income Oppor	COM	72201b101	526	30,065	SH		SOLE		26,411	0	3,654
PIMCO Dynamic Credit and Mortg	COM SHS	72202d106	7,472	318,916	SH		SOLE		290,532	0	28,384
PIMCO Dynamic Credit and Mortg	COM SHS	72202d106	867	37,000	SH		DFND	1	37,000	0	0
PIMCO Dynamic Income Fund	SHS	72201y101	487	15,190	SH		SOLE		13,743	0	1,447
PIMCO Energy & Tactical Credit	COM SHS BEN INT	69346n107	10,637	522,205	SH		SOLE		465,930	0	56,275
PIMCO Enhanced Short Maturity	ENHAN SHRT MA AC	72201r833	1,597	15,726	SH		SOLE		15,726	0	0
PIMCO Income Strategy Fund	COM	72201h108	162	14,151	SH		SOLE		12,801	0	1,350
PIMCO Income Strategy Fund II	COM	72201j104	1,100	106,945	SH		SOLE		102,550	0	4,395
PIMCO Municipal Income Fund II	COM	72200w106	435	30,591	SH		SOLE		30,591	0	0
PIMCO Municipal Income Fund II	COM	72201a103	301	23,979	SH		SOLE		23,979	0	0
PNC Financial Services Group I	COM	693475105	272	2,217	SH		SOLE		2,129	0	88
Point Bridge Gop Stock Tracker	POINT BRIDGE GOP	26922a628	6,580	247,000	SH		SOLE		247,000	0	0
Procter & Gamble Co	COM	742718109	1,862	17,900	SH		SOLE		14,851	0	3,049
Prospect Capital Corp	COM	74348t102	202	30,947	SH		SOLE		30,947	0	0
Public Storage	COM	74460d109	268	1,232	SH		SOLE		1,174	0	58
QUALCOMM Inc	COM	747525103	9,925	174,027	SH		SOLE		156,483	0	17,544
Raytheon Co	COM NEW	755111507	652	3,581	SH		SOLE		1,801	0	1,780
Reading International Inc	CL A	755408101	110	6,901	SH		SOLE		6,755	0	146
Reading International Inc	CL A	755408101	303	19,000	SH		DFND	1	19,000	0	0
Realty Income Corp	COM	756109104	317	4,311	SH		SOLE		3,145	0	1,166
Reaves Utility Income Fund	COM SH BEN INT	756158101	1,552	46,090	SH		SOLE		39,594	0	6,496
Republic Services Inc	COM	760759100	12,046	149,862	SH		SOLE		131,136	0	18,726
Retail Opportunity Investments	COM	76131n101	20,020	1,154,576	SH		SOLE		1,040,094	0	114,483
Retail Opportunity Investments	COM	76131n101	967	55,785	SH		DFND	1	55,785	0	0
Rexford Industrial Realty Inc	COM	76169C100	43,444	1,213,184	SH		SOLE		1,044,565	0	168,618
RLI Corp	COM	749607107	291	4,051	SH		SOLE		4,051	0	0
RLJ Lodging Trust Pfd 1.95 Co	CUM CONV PFD A	74965l200	686	27,278	SH		SOLE		23,171	0	4,107
RLJ Lodging Trust Pfd 1.95 Co	CUM CONV PFD A	74965l200	188	7,492	SH		DFND	1	7,492	0	0
Robert Half International Inc	COM	770323103	562	8,632	SH		SOLE		8,600	0	32
Rockwell Automation Inc	COM	773903109	475	2,709	SH		SOLE		2,708	0	1
Royal Dutch Shell PLC	SPON ADR B	780259107	279	4,359	SH		SOLE		4,359	0	0
Royal Dutch Shell PLC	SPONS ADR A	780259206	318	5,076	SH		SOLE		4,894	0	182
Royce Micro Capital Trust Inc	COM	780915104	892	107,089	SH		SOLE		92,936	0	14,152
S&P Global Inc	COM	78409v104	1,473	6,997	SH		SOLE		1,572	0	5,425
salesforce.com Inc	COM	79466l302	318	2,009	SH		SOLE		609	0	1,400
Schlumberger Ltd	COM	806857108	1,491	34,210	SH		SOLE		31,553	0	2,657
Schwab Int'l Large Cap Equity - E	INTL EQTY ETF	808524805	300	9,587	SH		SOLE		9,587	0	0
Schwab U.S. Large-Cap Value ET	US LCAP VA ETF	808524409	306	5,598	SH		SOLE		5,598	0	0
Skyworks Solutions Inc	COM	83088m102	1,077	13,052	SH		SOLE		3,144	0	9,908
Snap Inc	CL A	83304a106	1,696	153,934	SH		SOLE		0	0	153,934
Sony Corp ADR	SPONSORED ADR	835699307	10,381	245,766	SH		SOLE		220,899	0	24,867
Sony Corp ADR	SPONSORED ADR	835699307	1,143	27,070	SH		DFND	1	27,070	0	0
Southwest Airlines Co	COM	844741108	225	4,344	SH		SOLE		2,910	0	1,434
SPDR Gold Trust	GOLD SHS	78463v107	242	1,985	SH		SOLE		1,985	0	0
SPDR Portfolio Mid Cap ETF	PORTFOLIO MD ETF	78464A847	1,102	33,052	SH		SOLE		33,052	0	0
SPDR Portfolio World ex- US ETF	PORTFOLIO DEVLPD	78463x889	362	12,382	SH		SOLE		12,382	0	0
SPDR S&P 500 ETF Unit Trust	TR UNIT	78462f103	11,137	39,427	SH		SOLE		35,766	0	3,661
SPDR S&P Dividend ETF	S&P DIVID ETF	78464A763	210	2,116	SH		SOLE		2,116	0	0
Starbucks Corp	COM	855244109	2,188	29,430	SH		SOLE		27,915	0	1,515
Starwood Property Trust Inc	COM	85571b105	16,404	733,950	SH		SOLE		669,102	0	64,847
Sysco Corp	COM	871829107	384	5,749	SH		SOLE		5,515	0	234
TCW Strategic Income Fund Inc	COM	872340104	6,690	1,216,293	SH		SOLE		1,113,048	0	103,245
TCW Strategic Income Fund Inc	COM	872340104	218	39,710	SH		DFND	1	39,710	0	0
Texas Instruments Inc	COM	882508104	12,196	114,985	SH		SOLE		102,491	0	12,494
Thermo Fisher Scientific Inc	COM	883556102	269	981	SH		SOLE		315	0	666
Tortoise Energy Infrastructure	COM	89147l100	5,815	247,428	SH		SOLE		221,590	0	25,838
Tortoise North American Pipeli	TORTOISE NRAM PI	56167n720	386	16,160	SH		SOLE		16,160	0	0
Unilever PLC	SPON ADR NEW	904767704	15,477	268,147	SH		SOLE		240,472	0	27,675
Union Pacific Corp	COM	907818108	331	1,983	SH		SOLE		1,428	0	555
United Parcel Service Inc	CL B	911312106	50,168	448,973	SH		SOLE		420,404	0	28,569
United States Steel Corp	COM	912909108	306	15,676	SH		SOLE		15,666	0	10
United Technologies Corp	COM	913017109	19,513	151,389	SH		SOLE		136,140	0	15,249
UnitedHealth Group Inc	COM	91324p102	5,777	23,362	SH		SOLE		21,962	0	1,400
USA Compression Partners LP	COMMUNIT LTDPAR	90290n109	172	11,000	SH		SOLE		11,000	0	0
VanEck Vectors Short High-Yiel	SHORT HIGH YIELD	92189f387	513	20,752	SH		SOLE		20,752	0	0
Vanguard FTSE Emerging Marke	FTSE EMR MKT ETF	922042858	589	13,867	SH		SOLE		13,674	0	193
Vanguard Mid Cap ETF	MID CAP ETF	922908629	3,546	22,061	SH		SOLE		22,061	0	0
Vanguard Mortgage-Backed Secur	MORTG-BACK SEC	92206c771	603	11,521	SH		SOLE		11,489	0	32
Vanguard REIT ETF	REAL ESTATE ETF	922908553	1,861	21,409	SH		SOLE		20,246	0	1,162
Vanguard S&P 500 ETF	S&P 500 ETF SHS	922908363	5,254	20,245	SH		SOLE		20,145	0	100
Vanguard S&P Small-Cap 600 ETF	SMLLCP 600 IDX	921932828	1,840	13,106	SH		SOLE		13,106	0	0
Vereit Inc	COM	92339v100	62,239	7,435,984	SH		SOLE		6,588,604	0	847,380
Vereit Inc	COM	92339v100	1,623	193,900	SH		DFND	1	193,900	0	0
Verizon Communications Inc	COM	92343v104	1,139	19,257	SH		SOLE		10,453	0	8,804
Visa Inc	COM CL A	92826C839	15,134	96,894	SH		SOLE		87,315	0	9,579
Vulcan Materials Co	COM	929160109	1,631	13,779	SH		SOLE		3,355	0	10,424
Wabtec Corp/DE	COM	929740108	237	3,213	SH		SOLE		3,099	0	114
Walgreens Boots Alliance Inc	COM	931427108	329	5,193	SH		SOLE		3,904	0	1,289
Wal-Mart Stores Inc	COM	931142103	550	5,643	SH		SOLE		4,581	0	1,062
Walt Disney Co	COM DISNEY	254687106	41,923	377,585	SH		SOLE		333,563	0	44,022
Walt Disney Co	COM DISNEY	254687106	831	7,480	SH		DFND	1	7,480	0	0
Wells Fargo & Co	COM	949746101	729	15,079	SH		SOLE		12,447	0	2,632
Wells Fargo & Co New Perp Pfd	PERP PFD CNV A	949746804	3,971	3,073	SH		SOLE		2,919	0	154
Wells Fargo & Co New Perp Pfd	PERP PFD CNV A	949746804	510	395	SH		DFND	1	395	0	0
Wells Fargo Multi-Sector Incom	COM	94987D101	2,597	214,621	SH		SOLE		197,433	0	17,188
Western Asset Mortgage Capital	COM	95790d105	102	10,000	SH		SOLE		10,000	0	0
Western Asset/Claymore US Trea	COM	95766r104	334	31,104	SH		SOLE		31,104	0	0
Weyerhaeuser Co	COM	962166104	279	10,601	SH		SOLE		6,645	0	3,956
Woodward Inc	COM	980745103	569	6,001	SH		SOLE		6,000	0	1
World Wrestling Entertainment	CL A	98156q108	251	2,893	SH		SOLE		2,893	0	0