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 INVT CORP | COM | 00123Q104 | 1,209 | 98,602 | SH | | SOLE | | 98,602 | 0 | 0 |
ALPHABET INC | CAP STK CL A | 02079K305 | 1,163 | 868 | SH | | SOLE | | 868 | 0 | 0 |
AMAZON COM INC | COM | 023135106 | 1,382 | 748 | SH | | SOLE | | 748 | 0 | 0 |
AMERICAN FIN TR INC | COM CLASS A | 02607T109 | 298 | 22,475 | SH | | SOLE | | 22,475 | 0 | 0 |
ANNALY CAP MGMT INC | COM | 035710409 | 659 | 70,000 | SH | | SOLE | | 70,000 | 0 | 0 |
APOLLO COML REAL EST FIN INC | COM | 03762U105 | 322 | 17,587 | SH | | SOLE | | 17,587 | 0 | 0 |
APOLLO INVT CORP | COM NEW | 03761U502 | 442 | 25,343 | SH | | SOLE | | 25,343 | 0 | 0 |
ARBOR RLTY TR INC | COM | 038923108 | 287 | 20,000 | SH | | SOLE | | 20,000 | 0 | 0 |
ARES COML REAL ESTATE CORP | COM | 04013V108 | 230 | 14,534 | SH | | SOLE | | 14,534 | 0 | 0 |
ARMOUR RESIDENTIAL REIT INC | COM NEW | 042315507 | 245 | 13,700 | SH | | SOLE | | 13,700 | 0 | 0 |
ASHFORD HOSPITALITY TR INC | COM SHS | 044103109 | 160 | 57,500 | SH | | SOLE | | 57,500 | 0 | 0 |
ASHFORD INC | COM | 044104107 | 247 | 10,472 | SH | | SOLE | | 10,472 | 0 | 0 |
BANK AMER CORP | COM | 060505104 | 342 | 9,700 | SH | | SOLE | | 9,700 | 0 | 0 |
BLACKROCK CORPOR HI YLD FD I | COM | 09255P107 | 488 | 43,604 | SH | | SOLE | | 43,604 | 0 | 0 |
BLACKROCK MUNIYIELD NY QLTY | COM | 09255E102 | 319 | 24,361 | SH | | SOLE | | 24,361 | 0 | 0 |
BLACKSTONE MTG TR INC | COM CL A | 09257W100 | 372 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
BOEING CO | COM | 097023105 | 489 | 1,500 | SH | | SOLE | | 1,500 | 0 | 0 |
BOSTON PROPERTIES INC | COM | 101121101 | 1,357 | 9,845 | SH | | OTR | 1 | 0 | 9,845 | 0 |
BP MIDSTREAM PARTNERS LP | UNIT LTD PTNR | 0556EL109 | 19,584 | 1,254,568 | SH | | OTR | 1 | 0 | 1,254,568 | 0 |
BP PLC | SPONSORED ADR | 055622104 | 3,736 | 99,000 | SH | Put | OTR | 1 | 0 | 99,000 | 0 |
BP PLC | SPONSORED ADR | 055622104 | 4,846 | 128,411 | SH | Call | OTR | 1 | 0 | 128,411 | 0 |
BP PLC | SPONSORED ADR | 055622104 | 3,849 | 101,975 | SH | | OTR | 1 | 0 | 101,975 | 0 |
CEDAR FAIR L P | DEPOSITRY UNIT | 150185106 | 333 | 6,000 | SH | | SOLE | | 6,000 | 0 | 0 |
CHIMERA INVT CORP | COM NEW | 16934Q208 | 382 | 18,600 | SH | | SOLE | | 18,600 | 0 | 0 |
CRESTWOOD EQUITY PARTNERS LP | UNIT LTD PARTNER | 226344208 | 274 | 8,892 | SH | | OTR | 1 | 0 | 8,892 | 0 |
DCP MIDSTREAM LP | COM UT LTD PTN | 23311P100 | 5,485 | 223,980 | SH | Call | OTR | 1 | 0 | 223,980 | 0 |
DCP MIDSTREAM LP | COM UT LTD PTN | 23311P100 | 26,331 | 1,075,166 | SH | | OTR | 1 | 0 | 1,075,166 | 0 |
DOMINION ENERGY INC | COM | 25746U109 | 472 | 5,699 | SH | | OTR | 1 | 0 | 5,699 | 0 |
EATON VANCE LTD DUR INCOME F | COM | 27828H105 | 504 | 38,000 | SH | | SOLE | | 38,000 | 0 | 0 |
EATON VANCE TAX MNGD BUY WRI | COM SH BEN INT | 27829M103 | 354 | 34,583 | SH | | SOLE | | 34,583 | 0 | 0 |
ELLINGTON FINANCIAL INC | COM | 28852N109 | 841 | 45,874 | SH | | SOLE | | 45,874 | 0 | 0 |
ENERGY TRANSFER LP | COM UT LTD PTN | 29273V100 | 10,161 | 792,000 | SH | Call | OTR | 1 | 0 | 792,000 | 0 |
ENERGY TRANSFER LP | COM UT LTD PTN | 29273V100 | 6,620 | 516,000 | SH | Call | SOLE | | 516,000 | 0 | 0 |
ENERGY TRANSFER LP | COM UT LTD PTN | 29273V100 | 48,368 | 3,769,910 | SH | | OTR | 1 | 0 | 3,769,910 | 0 |
ENERGY TRANSFER LP | COM UT LTD PTN | 29273V100 | 1,255 | 97,809 | SH | | SOLE | | 97,809 | 0 | 0 |
ENLINK MIDSTREAM LLC | COM UNIT REP LTD | 29336T100 | 2,023 | 330,075 | SH | | OTR | 1 | 0 | 330,075 | 0 |
ENTERPRISE PRODS PARTNERS L | COM | 293792107 | 29,877 | 1,060,977 | SH | | OTR | 1 | 0 | 1,060,977 | 0 |
ENTERPRISE PRODS PARTNERS L | COM | 293792107 | 18,301 | 649,900 | SH | Call | OTR | 1 | 0 | 649,900 | 0 |
EOG RES INC | COM | 26875P101 | 251 | 3,000 | SH | | SOLE | | 3,000 | 0 | 0 |
EQM MIDSTREAM PARTNERS LP | UNIT LTD PARTN | 26885B100 | 645 | 21,580 | SH | Call | OTR | 1 | 0 | 21,580 | 0 |
EQM MIDSTREAM PARTNERS LP | UNIT LTD PARTN | 26885B100 | 10,310 | 344,711 | SH | | OTR | 1 | 0 | 344,711 | 0 |
ETFIS SER TR I | INFRAC ACT MLP | 26923G103 | 3,750 | 829,557 | SH | | SOLE | | 829,557 | 0 | 0 |
ETFIS SER TR I | VIRTUS INFRCAP | 26923G822 | 6,210 | 235,663 | SH | | SOLE | | 235,663 | 0 | 0 |
ETFIS SER TR I | INFRACP REIT PFD | 26923G400 | 1,802 | 71,634 | SH | | SOLE | | 71,634 | 0 | 0 |
FITBIT INC | CL A | 33812L102 | 263 | 40,100 | SH | | SOLE | | 40,100 | 0 | 0 |
GENESIS ENERGY L P | UNIT LTD PARTN | 371927104 | 12,197 | 595,537 | SH | | OTR | 1 | 0 | 595,537 | 0 |
INVESCO TR INVT GRADE MUNS | COM | 46131M106 | 346 | 26,900 | SH | | SOLE | | 26,900 | 0 | 0 |
INVESCO TR INVT GRADE NY MUN | COM | 46131T101 | 190 | 13,963 | SH | | SOLE | | 13,963 | 0 | 0 |
ISHARES TR | IBOXX HI YD ETF | 464288513 | 264 | 3,000 | SH | | SOLE | | 3,000 | 0 | 0 |
ISHARES TR | BARCLAYS 7 10 YR | 464287440 | 228 | 2,070 | SH | | OTR | 1 | 0 | 2,070 | 0 |
ISHARES TR | U.S. REAL ES ETF | 464287739 | 2,398 | 25,759 | SH | | OTR | 1 | 0 | 25,759 | 0 |
ISHARES TR | 20 YR TR BD ETF | 464287432 | 6,740 | 49,750 | SH | Call | OTR | 1 | 0 | 49,750 | 0 |
JPMORGAN CHASE & CO | ALERIAN ML ETN | 46625H365 | 5,082 | 233,000 | SH | Call | SOLE | | 233,000 | 0 | 0 |
KINDER MORGAN INC DEL | COM | 49456B101 | 7,681 | 362,847 | SH | | OTR | 1 | 0 | 362,847 | 0 |
LOCKHEED MARTIN CORP | COM | 539830109 | 226 | 580 | SH | | SOLE | | 580 | 0 | 0 |
MADISON SQUARE GARDEN CO NEW | CL A | 55825T103 | 447 | 1,520 | SH | | SOLE | | 1,520 | 0 | 0 |
MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 | 20,554 | 326,922 | SH | | OTR | 1 | 0 | 326,922 | 0 |
MARATHON PETE CORP | COM | 56585A102 | 12,483 | 207,182 | SH | | OTR | 1 | 0 | 207,182 | 0 |
MARATHON PETE CORP | COM | 56585A102 | 1,145 | 19,000 | SH | | SOLE | | 19,000 | 0 | 0 |
MARATHON PETE CORP | COM | 56585A102 | 10,305 | 171,032 | SH | Call | OTR | 1 | 0 | 171,032 | 0 |
MFA FINL INC | COM | 55272X102 | 99 | 13,000 | SH | | SOLE | | 13,000 | 0 | 0 |
MORGAN STANLEY EM MKTS DM DE | COM | 617477104 | 339 | 34,999 | SH | | SOLE | | 34,999 | 0 | 0 |
MPLX LP | COM UNIT REP LTD | 55336V100 | 48,255 | 1,895,340 | SH | | OTR | 1 | 0 | 1,895,340 | 0 |
NEW MTN FIN CORP | COM | 647551100 | 412 | 30,000 | SH | | SOLE | | 30,000 | 0 | 0 |
NGL ENERGY PARTNERS LP | COM UNIT REPST | 62913M107 | 9,122 | 804,371 | SH | | OTR | 1 | 0 | 804,371 | 0 |
NOBLE MIDSTREAM PARTNERS LP | COM UNIT REPST | 65506L105 | 481 | 18,120 | SH | | SOLE | | 18,120 | 0 | 0 |
NOBLE MIDSTREAM PARTNERS LP | COM UNIT REPST | 65506L105 | 19,960 | 751,509 | SH | | OTR | 1 | 0 | 751,509 | 0 |
NUSTAR ENERGY LP | UNIT COM | 67058H102 | 26,592 | 1,028,711 | SH | | OTR | 1 | 0 | 1,028,711 | 0 |
NUVEEN GLOBAL HIGH INCOME FD | SHS | 67075G103 | 313 | 19,100 | SH | | SOLE | | 19,100 | 0 | 0 |
NUVEEN NEW YORK QLT MUN INC | COM | 67066X107 | 237 | 17,437 | SH | | SOLE | | 17,437 | 0 | 0 |
ONEOK INC NEW | COM | 682680103 | 7,483 | 98,888 | SH | Put | OTR | 1 | 0 | 98,888 | 0 |
ORCHID IS CAP INC | COM | 68571X103 | 211 | 36,000 | SH | | SOLE | | 36,000 | 0 | 0 |
PHILLIPS 66 | COM | 718546104 | 5,519 | 49,540 | SH | Put | OTR | 1 | 0 | 49,540 | 0 |
PHILLIPS 66 | COM | 718546104 | 6,077 | 54,544 | SH | | OTR | 1 | 0 | 54,544 | 0 |
PHILLIPS 66 PARTNERS LP | COM UNIT REP INT | 718549207 | 5,867 | 95,185 | SH | | OTR | 1 | 0 | 95,185 | 0 |
PIMCO DYNMIC CREDIT AND MRT | COM SHS | 72202D106 | 726 | 28,794 | SH | | SOLE | | 28,794 | 0 | 0 |
PIMCO INCOME STRATEGY FUND I | COM | 72201J104 | 245 | 23,153 | SH | | SOLE | | 23,153 | 0 | 0 |
PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 | 35,586 | 1,935,078 | SH | | OTR | 1 | 0 | 1,935,078 | 0 |
REDWOOD TR INC | COM | 758075402 | 364 | 22,000 | SH | | SOLE | | 22,000 | 0 | 0 |
ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 | 631 | 10,700 | SH | | SOLE | | 10,700 | 0 | 0 |
ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 | 1,191 | 20,194 | SH | | OTR | 1 | 0 | 20,194 | 0 |
ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 | 10,386 | 176,100 | SH | Put | OTR | 1 | 0 | 176,100 | 0 |
ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 | 7,667 | 130,000 | SH | Call | OTR | 1 | 0 | 130,000 | 0 |
SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 | 862 | 13,333 | SH | | OTR | 1 | 0 | 13,333 | 0 |
SHELL MIDSTREAM PARTNERS L P | UNIT LTD INT | 822634101 | 10,825 | 535,629 | SH | | OTR | 1 | 0 | 535,629 | 0 |
SOUTHERN CO | COM | 842587107 | 588 | 9,232 | SH | | OTR | 1 | 0 | 9,232 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 8,658 | 26,900 | SH | | SOLE | | 26,900 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 7,081 | 22,000 | SH | Call | SOLE | | 22,000 | 0 | 0 |
TALLGRASS ENERGY LP | CLASS A SHS | 874696107 | 13,808 | 624,222 | SH | | OTR | 1 | 0 | 624,222 | 0 |
TARGA RES CORP | COM | 87612G101 | 3,455 | 84,611 | SH | | OTR | 1 | 0 | 84,611 | 0 |
TC PIPELINES LP | UT COM LTD PRT | 87233Q108 | 9,115 | 215,490 | SH | | OTR | 1 | 0 | 215,490 | 0 |
TIFFANY & CO NEW | COM | 886547108 | 287 | 2,150 | SH | | SOLE | | 2,150 | 0 | 0 |
UNITED STATES OIL FUND LP | UNITS | 91232N108 | 256 | 20,000 | SH | | SOLE | | 20,000 | 0 | 0 |
UNITED TECHNOLOGIES CORP | COM | 913017109 | 374 | 2,500 | SH | | SOLE | | 2,500 | 0 | 0 |
VERIZON COMMUNICATIONS INC | COM | 92343V104 | 246 | 4,007 | SH | | SOLE | | 4,007 | 0 | 0 |
WESTERN ASSET GLB HI INCOME | COM | 95766B109 | 288 | 28,741 | SH | | SOLE | | 28,741 | 0 | 0 |
WESTERN ASSET MTG CAP CORP | COM | 95790D105 | 276 | 14,000 | SH | | SOLE | | 14,000 | 0 | 0 |
WILLIAMS COS INC DEL | COM | 969457100 | 2,609 | 110,000 | SH | Put | OTR | 1 | 0 | 110,000 | 0 |