Montag A & Associates 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	88579Y101	4,176	21,914	SH		SOLE		0	0	21,914
ABBOTT LABS	COM	002824100	8,514	117,709	SH		SOLE		0	0	117,709
ABBVIE INC.	COM	00287y109	6,530	70,832	SH		SOLE		0	0	70,832
ACCENTURE PLC	COM	G1151C101	1,279	9,072	SH		SOLE		0	0	9,072
ADOBE SYS INC COM	COM	00724F101	9,174	40,552	SH		SOLE		0	0	40,552
AERIE PHARMACEUTICALS INC	COM	00771V108	1,046	28,973	SH		SOLE		0	0	28,973
AGNICO EAGLE MINES LTD	COM	008474108	216	5,335	SH		SOLE		0	0	5,335
AIR PRODS & CHEMS INC	COM	009158106	744	4,650	SH		SOLE		0	0	4,650
ALIBABA GROUP HOLDING	COM	01609W102	482	3,518	SH		SOLE		0	0	3,518
ALLEGHANY CORP DEL	COM	017175100	1,154	1,852	SH		SOLE		0	0	1,852
ALLSTATE CORP	COM	020002101	221	2,678	SH		SOLE		0	0	2,678
ALPHABET INC CAP STK CL A	COM	02079K305	4,318	4,132	SH		SOLE		0	0	4,132
ALPHABET INC CAP STK CL C	COM	02079K107	14,773	14,265	SH		SOLE		0	0	14,265
ALTRIA GROUP INC	COM	02209S103	511	10,352	SH		SOLE		0	0	10,352
AMAZON COM INC	COM	023135106	11,362	7,565	SH		SOLE		0	0	7,565
AMERICAN EXPRESS CO	COM	025816109	4,978	52,227	SH		SOLE		0	0	52,227
AMERICAN INTL GROUP	COM	026874784	2,800	71,038	SH		SOLE		0	0	71,038
AMERIS BANCORP	COM	03076K108	416	13,121	SH		SOLE		0	0	13,121
AMERISOURCEBERGEN CORP.	COM	03073E105	1,093	14,696	SH		SOLE		0	0	14,696
AMGEN INC	COM	031162100	811	4,165	SH		SOLE		0	0	4,165
AMNEAL PHARMACEUTICALS LLC	COM	03168L105	135	10,000	SH		SOLE		0	0	10,000
AMPIO PHARMACEUTICALS INC	COM	03209T109	91	230,000	SH		SOLE		0	0	230,000
ANALOG DEVICES INC	COM	032654105	1,725	20,093	SH		SOLE		0	0	20,093
ANTHEM INC	COM	036752103	5,934	22,593	SH		SOLE		0	0	22,593
APPLE INC COM	COM	037833100	13,709	86,911	SH		SOLE		0	0	86,911
AQUA AMERICA INC COM	COM	03836W103	279	8,165	SH		SOLE		0	0	8,165
AT&T INC	COM	00206R102	720	25,237	SH		SOLE		0	0	25,237
ATHERSYS INC COM	COM	04744l106	14	10,000	SH		SOLE		0	0	10,000
AUTOMATIC DATA PROCESS	COM	053015103	625	4,770	SH		SOLE		0	0	4,770
BANC OF CALIFORNIA INC COM	COM	05990K106	929	69,806	SH		SOLE		0	0	69,806
BANK AMER CORP COM	COM	060505104	4,460	180,993	SH		SOLE		0	0	180,993
BANK NEW YORK MELLON CORP	COM	064058100	936	19,876	SH		SOLE		0	0	19,876
BB&T CORP	COM	054937107	1,317	30,404	SH		SOLE		0	0	30,404
BECTON DICKINSON & CO	COM	075887109	2,067	9,174	SH		SOLE		0	0	9,174
BERKSHIRE HATHAWAY INC CL A	COM	084670108	612	2	SH		SOLE		0	0	2
BERKSHIRE HATHAWAY INC CL B	COM	084670702	13,861	67,889	SH		SOLE		0	0	67,889
BLACKROCK, INC	COM	09247x101	275	700	SH		SOLE		0	0	700
BLUE APRON HOLDINGS, INC.	COM	09523Q101	10	10,000	SH		SOLE		0	0	10,000
BOEING CO COM	COM	097023105	9,636	29,880	SH		SOLE		0	0	29,880
BOOKING HOLDINGS INC	COM	09857L108	437	254	SH		SOLE		0	0	254
BORGWARNER INC COM	COM	099724106	2,273	65,423	SH		SOLE		0	0	65,423
BOSTON SCIENTIFIC CORPORATION	COM	101137107	548	15,500	SH		SOLE		0	0	15,500
BRISTOL MYERS SQUIBB	COM	110122108	1,921	36,956	SH		SOLE		0	0	36,956
C H ROBINSON WORLDWIDE INC	COM	12541W209	395	4,700	SH		SOLE		0	0	4,700
CAPITAL ONE FINANCIAL CORP.	COM	14040H105	1,017	13,459	SH		SOLE		0	0	13,459
CASAVANT RESTRICTED	COM	125809996	0	76,800	SH		SOLE		0	0	76,800
CATERPILLAR INC DEL	COM	149123101	229	1,800	SH		SOLE		0	0	1,800
CBRE GROUP INC CL A	COM	12504L109	1,951	48,722	SH		SOLE		0	0	48,722
CHEVRON TEXACO CORP	COM	166764100	11,531	105,994	SH		SOLE		0	0	105,994
CHUBB LTD	COM	H1467J104	771	5,970	SH		SOLE		0	0	5,970
CIENA CORPORATION	COM	171779309	820	24,194	SH		SOLE		0	0	24,194
CISCO SYS INC COM	COM	17275R102	12,114	279,576	SH		SOLE		0	0	279,576
CITIGROUP INC COM NEW	COM	172967424	513	9,849	SH		SOLE		0	0	9,849
CME GROUP INC	COM	12572Q105	546	2,902	SH		SOLE		0	0	2,902
COCA COLA CO COM	COM	191216100	30,641	647,123	SH		SOLE		0	0	647,123
COLGATE PALMOLIVE CO	COM	194162103	1,239	20,816	SH		SOLE		0	0	20,816
CONOCOPHILIPS	COM	20825C104	4,348	69,742	SH		SOLE		0	0	69,742
COPART INC	COM	217204106	3,783	79,165	SH		SOLE		0	0	79,165
CORNING INC	COM	219350105	1,490	49,335	SH		SOLE		0	0	49,335
COSTCO WHOLESALE CORP	COM	22160K105	2,795	13,719	SH		SOLE		0	0	13,719
CRANE COMPANY	COM	224399105	503	6,975	SH		SOLE		0	0	6,975
CVS HEALTH CORP.	COM	126650100	2,416	36,870	SH		SOLE		0	0	36,870
DANAHER CORP DEL	COM	235851102	6,702	64,997	SH		SOLE		0	0	64,997
DELTA AIR LINES INC DEL COM NE	COM	247361702	232	4,650	SH		SOLE		0	0	4,650
DISCOVERY COMMUNICATNS NEW COM	COM	25470F104	4,993	201,805	SH		SOLE		0	0	201,805
DOLLAR TREE, INC.	COM	256746108	625	6,925	SH		SOLE		0	0	6,925
DOMINION RES VA NEW	COM	25746U109	277	3,875	SH		SOLE		0	0	3,875
DOWDUPONT INC	COM	26078j100	436	8,160	SH		SOLE		0	0	8,160
DUKE ENERGY CORP	COM	26441C204	1,857	21,517	SH		SOLE		0	0	21,517
EASTMAN CHEM CO	COM	277432100	2,409	32,950	SH		SOLE		0	0	32,950
EATON VANCE CORP COM NON VTG	COM	278265103	997	28,335	SH		SOLE		0	0	28,335
EBAY INC	COM	278642103	312	11,100	SH		SOLE		0	0	11,100
EDWARDS LIFESCIENCES	COM	28176E108	3,641	23,773	SH		SOLE		0	0	23,773
EMERSON ELEC CO COM	COM	291011104	795	13,300	SH		SOLE		0	0	13,300
ENERGY TRANSFER LP	COM	29273v100	147	11,150	SH		SOLE		0	0	11,150
ENTERPRISE PRODUCTS PARTNERS	COM	293792107	591	24,020	SH		SOLE		0	0	24,020
EOG RESOURCES INC	COM	26875P101	3,146	36,072	SH		SOLE		0	0	36,072
EQUIFAX INC	COM	294429105	7,512	80,662	SH		SOLE		0	0	80,662
ETSY INC	COM	29786A106	615	12,930	SH		SOLE		0	0	12,930
EURONET WORLDWIDE INC	COM	298736109	290	2,830	SH		SOLE		0	0	2,830
EXELON CORPORATION	COM	30161N101	2,190	48,567	SH		SOLE		0	0	48,567
EXXON MOBIL CORP COM	COM	30231G102	8,492	124,538	SH		SOLE		0	0	124,538
FACEBOOK INC-A	COM	30303m102	293	2,236	SH		SOLE		0	0	2,236
FEDEX CORP	COM	31428X106	539	3,339	SH		SOLE		0	0	3,339
FIDELITY NATIONAL INFORMATION	COM	31620M106	718	7,000	SH		SOLE		0	0	7,000
FIDELITY SOUTHERN CORPORATION	COM	316394105	1,555	59,776	SH		SOLE		0	0	59,776
FIRSTENERGY CORP COM	COM	337932107	4,258	113,388	SH		SOLE		0	0	113,388
FISERV INC	COM	337738108	9,682	131,752	SH		SOLE		0	0	131,752
FORTIVE CORPORATION	COM	34959J108	3,851	56,913	SH		SOLE		0	0	56,913
GENERAL ELECTRIC CO COM	COM	369604103	77	10,125	SH		SOLE		0	0	10,125
GENUINE PARTS CO	COM	372460105	5,338	55,594	SH		SOLE		0	0	55,594
GILEAD SCIENCES INC	COM	375558103	241	3,849	SH		SOLE		0	0	3,849
HARRIS CORP DEL	COM	413875105	736	5,465	SH		SOLE		0	0	5,465
HCA INC	COM	40412C101	485	3,900	SH		SOLE		0	0	3,900
HD SUPPLY HOLDINGS, INC.	COM	40416M105	2,426	64,650	SH		SOLE		0	0	64,650
HERSHEY FOODS CORP	COM	427866108	510	4,761	SH		SOLE		0	0	4,761
HILTON WORLDWIDE HOLDINGS INC	COM	43300A203	306	4,266	SH		SOLE		0	0	4,266
HOME DEPOT INC	COM	437076102	16,996	98,916	SH		SOLE		0	0	98,916
HONEYWELL INTL INC	COM	438516106	2,074	15,701	SH		SOLE		0	0	15,701
HUNTINGTON INGALLS INDS INC CO	COM	446413106	856	4,497	SH		SOLE		0	0	4,497
HURRY INC CL A NOSTOCKHOLDER'S	COM	447807108	0	20,000	SH		SOLE		0	0	20,000
ILLINOIS TOOL WKS INC	COM	452308109	2,508	19,795	SH		SOLE		0	0	19,795
INSTALLED BUILDING PRODUCTS	COM	45780R101	451	13,373	SH		SOLE		0	0	13,373
INTEL CORP	COM	458140100	6,721	143,220	SH		SOLE		0	0	143,220
INTERCONTINENTAL EXCHANGE, INC	COM	45866F104	8,122	107,814	SH		SOLE		0	0	107,814
INTERNATIONAL BUSINESS MACHS C	COM	459200101	4,099	36,064	SH		SOLE		0	0	36,064
INTERPUBLIC GROUP COS INC COM	COM	460690100	338	16,400	SH		SOLE		0	0	16,400
JOHNSON & JOHNSON	COM	478160104	23,747	184,013	SH		SOLE		0	0	184,013
JPMORGAN CHASE & CO COM	COM	46625H100	8,802	90,169	SH		SOLE		0	0	90,169
KIMBERLY CLARK CORP	COM	494368103	837	7,343	SH		SOLE		0	0	7,343
KRAFT HEINZ COMPANY	COM	500754106	256	5,950	SH		SOLE		0	0	5,950
KRATOS DEFENSE AND SECURITY SO	COM	50077B207	803	56,981	SH		SOLE		0	0	56,981
LAMB WESTON HOLDINGS	COM	513272104	1,026	13,950	SH		SOLE		0	0	13,950
LIBERTY BROADBAND CORP SR C	COM	530307305	230	3,200	SH		SOLE		0	0	3,200
LILLY ELI & CO	COM	532457108	10,637	91,918	SH		SOLE		0	0	91,918
LKQ CORP	COM	501889208	2,514	105,955	SH		SOLE		0	0	105,955
LOCKHEED MARTIN CORP	COM	539830109	2,811	10,736	SH		SOLE		0	0	10,736
LOWES COS INC	COM	548661107	609	6,596	SH		SOLE		0	0	6,596
MAGELLAN MIDSTREAM PARTNERS, L	COM	559080106	228	4,000	SH		SOLE		0	0	4,000
MANULIFE FINANCIAL CORP	COM	56501R106	327	23,024	SH		SOLE		0	0	23,024
MARATHON OIL CORP	COM	565849106	425	29,646	SH		SOLE		0	0	29,646
MARATHON PETROLEUM CORP	COM	56585A102	1,647	27,903	SH		SOLE		0	0	27,903
MARKEL CORP	COM	570535104	6,842	6,591	SH		SOLE		0	0	6,591
MARRIOTT INTL INC NEW CL A	COM	571903202	6,575	60,565	SH		SOLE		0	0	60,565
MARTIN MARIETTA MATERIALS INC	COM	573284106	588	3,420	SH		SOLE		0	0	3,420
MARVELL TECHNOLOGY GROUP LTD O	COM	G5876H105	891	55,008	SH		SOLE		0	0	55,008
MASCO CORP COM	COM	574599106	3,024	103,408	SH		SOLE		0	0	103,408
MASTERCARD INCORPORATED CL A	COM	57636Q104	4,729	25,067	SH		SOLE		0	0	25,067
MCDONALDS CORP COM	COM	580135101	2,532	14,260	SH		SOLE		0	0	14,260
MCKESSON CORP	COM	58155Q103	720	6,518	SH		SOLE		0	0	6,518
MEDICAL SERVICES INTERNATIONAL	COM	58463c101	0	600,000	SH		SOLE		0	0	600,000
MEDTRONIC PLC	COM	G5960L103	3,563	39,166	SH		SOLE		0	0	39,166
MERCK & CO INC COM	COM	58933Y105	15,878	207,803	SH		SOLE		0	0	207,803
METLIFE INC COM	COM	59156R108	1,920	46,756	SH		SOLE		0	0	46,756
MICROSOFT CORP COM	COM	594918104	18,692	184,033	SH		SOLE		0	0	184,033
MONDELEZ INTERNATIONAL INC	COM	609207105	1,662	41,516	SH		SOLE		0	0	41,516
MORGAN STANLEY DEAN WITTER COM	COM	617446448	1,642	41,416	SH		SOLE		0	0	41,416
MORNINGSTAR INC	COM	617700109	232	2,110	SH		SOLE		0	0	2,110
NATIONAL FUEL GAS N J	COM	636180101	230	4,500	SH		SOLE		0	0	4,500
NEXTERA ENERGY INC COM	COM	65339F101	2,504	14,406	SH		SOLE		0	0	14,406
NIKE INC CL B	COM	654106103	3,016	40,684	SH		SOLE		0	0	40,684
NORFOLK SOUTHERN CORP	COM	655844108	982	6,565	SH		SOLE		0	0	6,565
NORTHERN TR CORP	COM	665859104	238	2,852	SH		SOLE		0	0	2,852
NORTHROP GRUMMAN CORP	COM	666807102	551	2,250	SH		SOLE		0	0	2,250
NVR INC COM	COM	62944T105	207	85	SH		SOLE		0	0	85
OCCIDENTAL PETE CP DEL	COM	674599105	238	3,880	SH		SOLE		0	0	3,880
OMNICOM GROUP INC	COM	681919106	1,652	22,550	SH		SOLE		0	0	22,550
OPKO HEALTH INC	COM	68375N103	73	24,350	SH		SOLE		0	0	24,350
ORACLE CORP	COM	68389X105	1,628	36,050	SH		SOLE		0	0	36,050
PALO ALTO NETWORKS, INC.	COM	697435105	436	2,317	SH		SOLE		0	0	2,317
PAYPAL HOLDINGS INC	COM	70450y103	452	5,378	SH		SOLE		0	0	5,378
PEPSICO INC COM	COM	713448108	13,022	117,863	SH		SOLE		0	0	117,863
PFIZER INC COM	COM	717081103	9,218	211,179	SH		SOLE		0	0	211,179
PHILLIPS 66	COM	718546104	379	4,403	SH		SOLE		0	0	4,403
PNC FINANCIAL SVCS GROUP	COM	693475105	463	3,961	SH		SOLE		0	0	3,961
PPG INDS INC	COM	693506107	2,655	25,968	SH		SOLE		0	0	25,968
PRINCIPAL FINANCIAL GROUP	COM	74251V102	1,502	34,000	SH		SOLE		0	0	34,000
PROCTER & GAMBLE CO	COM	742718109	5,415	58,906	SH		SOLE		0	0	58,906
QUINTILES IMS HOLDING	COM	46266c105	3,193	27,486	SH		SOLE		0	0	27,486
RAYTHEON CO	COM	755111507	882	5,749	SH		SOLE		0	0	5,749
REGIONS FINANCIAL CORP	COM	7591EP100	408	30,523	SH		SOLE		0	0	30,523
ROSS STORES INC	COM	778296103	1,186	14,252	SH		SOLE		0	0	14,252
RYDER SYS INC	COM	783549108	278	5,775	SH		SOLE		0	0	5,775
SALESFORCE.COM INC	COM	79466L302	595	4,343	SH		SOLE		0	0	4,343
SANDERSON FARMS INC	COM	800013104	596	6,000	SH		SOLE		0	0	6,000
SCHLUMBERGER LTD COM	COM	806857108	2,040	56,548	SH		SOLE		0	0	56,548
SHERWIN WILLIAMS CO	COM	824348106	222	565	SH		SOLE		0	0	565
SITEONE LANDSCAPE SUPPLY, INC.	COM	82982L103	619	11,200	SH		SOLE		0	0	11,200
SKYWORKS SOLUTIONS INC	COM	83088M102	528	7,877	SH		SOLE		0	0	7,877
SOUTHERN CO COM	COM	842587107	1,122	25,546	SH		SOLE		0	0	25,546
SOUTHWEST AIRLS CO COM	COM	844741108	574	12,360	SH		SOLE		0	0	12,360
STARBUCKS CORP	COM	855244109	1,187	18,428	SH		SOLE		0	0	18,428
STATE STREET CORP	COM	857477103	2,291	36,325	SH		SOLE		0	0	36,325
STRYKER CORP	COM	863667101	388	2,477	SH		SOLE		0	0	2,477
SUNOPTA INC COM	COM	8676EP108	91	23,400	SH		SOLE		0	0	23,400
SUNTRUST BKS INC	COM	867914103	7,379	146,288	SH		SOLE		0	0	146,288
SYSCO CORP	COM	871829107	388	6,189	SH		SOLE		0	0	6,189
TARGET CORP COM	COM	87612E106	1,305	19,748	SH		SOLE		0	0	19,748
TELADOC INC	COM	87918A105	285	5,740	SH		SOLE		0	0	5,740
TERRAFORM POWER INC	COM	88104r209	910	81,100	SH		SOLE		0	0	81,100
TEXAS INSTRS INC	COM	882508104	2,391	25,300	SH		SOLE		0	0	25,300
THERMO FISCHER SCIENTIFIC	COM	883556102	231	1,030	SH		SOLE		0	0	1,030
THOMASVILLE BANCSHARES INC	COM	884608100	351	9,000	SH		SOLE		0	0	9,000
TJX COS INC NEW	COM	872540109	4,424	98,876	SH		SOLE		0	0	98,876
TORCHMARK CORP	COM	891027104	742	9,959	SH		SOLE		0	0	9,959
TORTOISE ENERGY INFRASTRUCTURE	COM	89147L100	998	50,138	SH		SOLE		0	0	50,138
TORTOISE POWER AND ENERGY INFR	COM	89147X104	575	36,072	SH		SOLE		0	0	36,072
TOTAL SYS SVCS INC	COM	891906109	761	9,365	SH		SOLE		0	0	9,365
U.S. TECHNOLOGIES	COM	91272D309	0	20,000	SH		SOLE		0	0	20,000
UNION PAC CORP	COM	907818108	2,448	17,708	SH		SOLE		0	0	17,708
UNITED HEALTH PRODS INC	COM	91059d100	718	1,139,000	SH		SOLE		0	0	1,139,000
UNITED PARCEL SERVICE INC CL B	COM	911312106	2,061	21,132	SH		SOLE		0	0	21,132
UNITED RENTALS INC.	COM	911363109	1,211	11,815	SH		SOLE		0	0	11,815
UNITED TECHNOLOGIES CP	COM	913017109	2,307	21,670	SH		SOLE		0	0	21,670
UNITEDHEALTH GROUP INC COM	COM	91324P102	5,707	22,910	SH		SOLE		0	0	22,910
UNIVERSAL DISPLAY CORPORATION	COM	91347P105	666	7,120	SH		SOLE		0	0	7,120
US BANCORP DEL	COM	902973304	436	9,538	SH		SOLE		0	0	9,538
V F CORP	COM	918204108	2,921	40,950	SH		SOLE		0	0	40,950
VERIZON COMMUNICATIONS	COM	92343V104	8,673	154,274	SH		SOLE		0	0	154,274
VISA INC - CLASS A	COM	92826C839	12,259	92,915	SH		SOLE		0	0	92,915
VISTRA ENERGY CORP	COM	92840m102	1,785	78,000	SH		SOLE		0	0	78,000
VMWARE, INC. CL A	COM	928563402	4,207	30,677	SH		SOLE		0	0	30,677
VULCAN MATLS CO	COM	929160109	2,975	30,110	SH		SOLE		0	0	30,110
WAL-MART STORES INC COM	COM	931142103	10,636	114,178	SH		SOLE		0	0	114,178
WALGREENS BOOTS ALLIANCE, INC.	COM	931427108	4,869	71,252	SH		SOLE		0	0	71,252
WALT DISNEY CO	COM	254687106	2,346	21,397	SH		SOLE		0	0	21,397
WEC ENERGY GROUP, INC	COM	92939U106	255	3,685	SH		SOLE		0	0	3,685
WELLS FARGO & CO NEW COM	COM	949746101	1,958	42,494	SH		SOLE		0	0	42,494
WEST PHARMACEUTICAL SERVICES	COM	955306105	314	3,200	SH		SOLE		0	0	3,200
WEYERHAEUSER CO	COM	962166104	1,400	64,057	SH		SOLE		0	0	64,057
WR BERKLEY CORP	COM	084423102	3,083	41,712	SH		SOLE		0	0	41,712
YUM! BRANDS INC	COM	988498101	300	3,261	SH		SOLE		0	0	3,261
ZOETIS INC.	COM	98978v103	1,586	18,546	SH		SOLE		0	0	18,546
AMEX ENERGY SECTOR SPDR	ETF	81369Y506	1,775	30,951	SH		SOLE		0	0	30,951
AMEX TECHNOLOGY SECTOR SPDR	ETF	81369Y803	2,456	39,628	SH		SOLE		0	0	39,628
CONSUMER DISCRETIONARY SELECT	ETF	81369Y407	399	4,032	SH		SOLE		0	0	4,032
FIDELITY MSCI INFORMATION TECH	ETF	316092808	1,614	32,786	SH		SOLE		0	0	32,786
HEALTH CARE SELECT SECTOR SPDR	ETF	81369y209	889	10,280	SH		SOLE		0	0	10,280
INVESCO FTSE RAFI US 1000 ETF	ETF	46137V613	1,212	11,935	SH		SOLE		0	0	11,935
INVESCO S&P 500 EQUAL WEIGHT E	ETF	46137V357	9,956	108,924	SH		SOLE		0	0	108,924
INVESCO S&P 500 QUALITY ETF	ETF	46137V241	2,366	85,071	SH		SOLE		0	0	85,071
ISHARES DJ SELECT DIVIDEND	ETF	464287168	683	7,647	SH		SOLE		0	0	7,647
ISHARES DJ US HEALTHCARE SEC	ETF	464287762	415	2,294	SH		SOLE		0	0	2,294
ISHARES MSCI PACIFIC EX-JAPAN	ETF	464286665	362	8,900	SH		SOLE		0	0	8,900
ISHARES NASDAQ BIOTECH ETF	ETF	464287556	206	2,140	SH		SOLE		0	0	2,140
ISHARES RUSSELL 1000 GROWTH	ETF	464287614	4,451	33,997	SH		SOLE		0	0	33,997
ISHARES RUSSELL 1000 INDEX	ETF	464287622	13,630	98,278	SH		SOLE		0	0	98,278
ISHARES RUSSELL TOP 200 GROWTH	ETF	464289438	312	4,350	SH		SOLE		0	0	4,350
ISHARES S&P 100 INDEX FUND	ETF	464287101	412	3,690	SH		SOLE		0	0	3,690
ISHARES S&P GLOBAL INDEX 100	ETF	464287572	501	11,810	SH		SOLE		0	0	11,810
ISHARES TR CORE S&P SCP ETF	ETF	464287804	2,519	36,340	SH		SOLE		0	0	36,340
ISHARES TR CORE S&P500 ETF	ETF	464287200	51,548	204,873	SH		SOLE		0	0	204,873
ISHARES TR RUSSELL 2000 GROWTH	ETF	464287648	233	1,385	SH		SOLE		0	0	1,385
ISHARES TR S&P500 GRW	ETF	464287309	4,252	28,223	SH		SOLE		0	0	28,223
ISHARES TRUST RUSSELL 2000 IND	ETF	464287655	3,088	23,061	SH		SOLE		0	0	23,061
ISHARES TRUST S&P MIDCAP 400	ETF	464287507	2,764	16,643	SH		SOLE		0	0	16,643
ISHARES US TECHNOLOGY ETF	ETF	464287721	595	3,723	SH		SOLE		0	0	3,723
KBW REGIONAL BANKING ETF	ETF	78464A698	3,286	70,234	SH		SOLE		0	0	70,234
NUVEEN DOW 30SM DYNAMIC OVERWR	ETF	67075f105	190	11,787	SH		SOLE		0	0	11,787
SCHWAB US LARGE-CAP ETF	ETF	808524201	362	6,065	SH		SOLE		0	0	6,065
SELECT SECTOR SPDR TR SBI INT-	ETF	81369Y605	4,223	177,275	SH		SOLE		0	0	177,275
SELECT SECTOR SPDR TR SBI INT-	ETF	81369Y704	906	14,064	SH		SOLE		0	0	14,064
SPDR DJIA TRUST	ETF	78467X109	5,591	23,974	SH		SOLE		0	0	23,974
SPDR GOLD TRUST	ETF	78463V107	1,885	15,550	SH		SOLE		0	0	15,550
SPDR S&P 500 ETF TR TR UNIT	ETF	78462F103	61,921	247,764	SH		SOLE		0	0	247,764
SPDR S&P BIOTECH ETF	ETF	78464A870	215	3,000	SH		SOLE		0	0	3,000
SPDR S&P DIVIDEND ETF	ETF	78464A763	2,012	22,476	SH		SOLE		0	0	22,476
SPDR S&P MIDCAP 400 ETF TR UTS	ETF	78467Y107	41,650	137,608	SH		SOLE		0	0	137,608
UTILITIES SELECT SECTOR SPDR	ETF	81369Y886	315	5,954	SH		SOLE		0	0	5,954
VANGUARD DIVIDEND APPRECIATION	ETF	921908844	10,178	103,913	SH		SOLE		0	0	103,913
VANGUARD FTSE DEVELOPED MARKET	ETF	921943858	1,943	52,368	SH		SOLE		0	0	52,368
VANGUARD GROWTH ETF	ETF	922908736	510	3,800	SH		SOLE		0	0	3,800
VANGUARD HIGH DIV YLD	ETF	921946406	256	3,280	SH		SOLE		0	0	3,280
VANGUARD INDEX FDS REIT ETF	ETF	922908553	3,604	48,326	SH		SOLE		0	0	48,326
VANGUARD INTL EQUITY INDEX FD	ETF	922042858	782	20,528	SH		SOLE		0	0	20,528
VANGUARD MID CAP ETF	ETF	922908629	8,315	60,173	SH		SOLE		0	0	60,173
VANGUARD MSCI EUROPE ETF	ETF	922042874	289	5,947	SH		SOLE		0	0	5,947
VANGUARD S&P 500 ETF	ETF	922908363	1,270	5,527	SH		SOLE		0	0	5,527
VANGUARD TOTAL INTERNATIONAL S	ETF	921909768	345	7,300	SH		SOLE		0	0	7,300
VANGUARD TOTAL STOCK MARKET ET	ETF	922908769	486	3,809	SH		SOLE		0	0	3,809
WISDOMTREE DIVIDEND EX-FIN ETF	ETF	97717W406	635	8,255	SH		SOLE		0	0	8,255
BROOKFIELD PROPERTY P LP	CL END	g16249107	335	20,785	SH		SOLE		0	0	20,785
EMPIRE STATE REALTY OP LP SERI	CL END	292102209	158	10,737	SH		SOLE		0	0	10,737
EQUITY RESIDENTIAL PROPERTIES	CL END	29476L107	246	3,720	SH		SOLE		0	0	3,720
FEDERAL REALTY INV TRUST	CL END	313747206	248	2,105	SH		SOLE		0	0	2,105
INDUSTRIAL LOGISTICS PROPERTIE	CL END	456237106	369	18,771	SH		SOLE		0	0	18,771
KIMCO REALTY CORP	CL END	49446R109	163	11,100	SH		SOLE		0	0	11,100
MID-AMER APT CMNTYS INC	CL END	59522J103	203	2,119	SH		SOLE		0	0	2,119
MONMOUTH REAL ESTATE INVESTMEN	CL END	609720107	12,780	1,030,683	SH		SOLE		0	0	1,030,683
NATIONAL RETAIL PROPERTIES INC	CL END	637417106	1,540	31,743	SH		SOLE		0	0	31,743
REDWOOD TRUST, INC.	CL END	758075402	1,157	76,750	SH		SOLE		0	0	76,750
REGENCY CENTERS CORP	CL END	758849103	283	4,831	SH		SOLE		0	0	4,831
SELECT INCOME REIT	CL END	81618T100	275	37,355	SH		SOLE		0	0	37,355
UMH PROPERTIES INC	CL END	903002103	8,374	707,278	SH		SOLE		0	0	707,278
VEREIT INC	CL END	92339v100	76	10,582	SH		SOLE		0	0	10,582
ALLERGAN PLC	FOR	G0177J108	821	6,144	SH		SOLE		0	0	6,144
BAIDU INC SPN ADR	FOR	056752108	580	3,660	SH		SOLE		0	0	3,660
BP AMOCO PLC - SPONS ADR	FOR	055622104	3,614	95,299	SH		SOLE		0	0	95,299
DIAGEO PLC-SPONSORED ADR NEW	FOR	25243Q205	4,025	28,387	SH		SOLE		0	0	28,387
NESTLE S A - ADR REG SHS	FOR	641069406	4,318	53,337	SH		SOLE		0	0	53,337
NOVARTIS AG-ADR	FOR	66987V109	679	7,908	SH		SOLE		0	0	7,908
NXP SEMICONDUCTORS N V COM	FOR	N6596X109	707	9,650	SH		SOLE		0	0	9,650
PHILIP MORRIS INTL INC COM	FOR	718172109	1,246	18,662	SH		SOLE		0	0	18,662
RIO TINTO PLC SPONSORED ADR	FOR	767204100	4,755	98,078	SH		SOLE		0	0	98,078
ROYAL DUTCH SHELL PLC	FOR	780259206	5,380	92,325	SH		SOLE		0	0	92,325
ROYAL DUTCH SHELL PLC B	FOR	780259107	216	3,600	SH		SOLE		0	0	3,600
SIEMENS AG SPONS ADR	FOR	826197501	871	15,645	SH		SOLE		0	0	15,645
TE CONNECTIVITY LTD	FOR	H84989104	340	4,500	SH		SOLE		0	0	4,500
UNILEVER N V N Y SHS NEW	FOR	904784709	277	5,150	SH		SOLE		0	0	5,150
WILLIS TOWERS WATSON PUBLIC LI	FOR	G96629103	2,520	16,593	SH		SOLE		0	0	16,593
WPP GROUP PLC	FOR	92937A102	318	5,800	SH		SOLE		0	0	5,800