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
Estimated average burden
hours per response: 23.8
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 840 4,000 SH   SOLE   4,000 0 0
ABBOTT LABS COM 002824100 288 5,400 SH   SOLE   5,400 0 0
ACADIA PHARMA COM 004225108 2,763 73,350 SH   SOLE   73,350 0 0
AFLAC INC COM 001055102 448 5,500 SH   SOLE   5,500 0 0
AIR LEASE CL A COM 00912X302 946 22,200 SH   SOLE   22,200 0 0
ALPHABET CL A COM 02079K305 404 415 SH   SOLE   415 0 0
AMAZON INC COM 023135106 678 705 SH   SOLE   705 0 0
BASF SE ADR COM 055262505 4,255 39,950 SH   SOLE   39,950 0 0
BIOCEPT INC COM 09072V105 31 25,546 SH   SOLE   25,546 0 0
BLACKSTONE GRP COM 09253U108 1,902 57,000 SH   SOLE   57,000 0 0
BLACKSTONE MTG COM 09257W100 12,240 394,599 SH   SOLE   394,599 0 0
BOEING CO COM 097023105 280 1,100 SH   SOLE   1,100 0 0
BRISTOL MYERS COM 110122108 255 4,000 SH   SOLE   4,000 0 0
BROOKFIELD RENEWABLE ENERGY PA COM G16258108 503 15,000 SH   SOLE   15,000 0 0
CARLYLE GRP LP COM 14309L102 287 12,150 SH   SOLE   12,150 0 0
CELGENE CORP COM 151020104 10,407 71,370 SH   SOLE   71,370 0 0
CHENIERE PTNRS LP COM 16411W108 451 18,000 SH   SOLE   18,000 0 0
COMCAST CL A COM 20030N101 392 10,200 SH   SOLE   10,200 0 0
COSTCO WHLSALE COM 22160K105 6,074 36,970 SH   SOLE   36,970 0 0
CVS CORPORATION COM 585745102 234 2,878 SH   SOLE   2,878 0 0
ECOLAB INC COM 278865100 460 3,575 SH   SOLE   3,575 0 0
EMERSON ELEC CO COM 291011104 214 3,400 SH   SOLE   3,400 0 0
ENBRIDGE INC COM 29250N105 206 4,920 SH   SOLE   4,920 0 0
ENCANA CORP COM 292505104 130 11,000 SH   SOLE   11,000 0 0
ENERPLUS COM 292766102 400 40,519 SH   SOLE   40,519 0 0
ENTERPRISE PROD. COM 293792107 3,632 139,301 SH   SOLE   139,301 0 0
EVEREST RE GROUP COM G3223R108 228 1,000 SH   SOLE   1,000 0 0
FACEBOOK INC COM 30303M102 398 2,330 SH   SOLE   2,330 0 0
FRANKLIN ST PROP COM 35471R106 265 25,000 SH   SOLE   25,000 0 0
GENERAL ELEC CO COM 369604103 454 18,780 SH   SOLE   18,780 0 0
GENTHERM COM 03070L300 470 12,650 SH   SOLE   12,650 0 0
HOME DEPOT INC COM 437076102 204 1,250 SH   SOLE   1,250 0 0
IPG PHOTONICS COM 44980X109 6,597 35,650 SH   SOLE   35,650 0 0
JETBLUE AIRWAYS COM 477143101 2,928 158,000 SH   SOLE   158,000 0 0
JOHNSON&JOHNSON COM 478160104 481 3,700 SH   SOLE   3,700 0 0
KIMCO REALTY COM 49446R109 430 22,000 SH   SOLE   22,000 0 0
LKQ CORPORATION COM 501889208 2,343 65,100 SH   SOLE   65,100 0 0
MEDICAL PROPERTIES TRUST COM 58463J304 158 12,000 SH   SOLE   12,000 0 0
MFA FINANCIAL COM 55272X102 175 20,000 SH   SOLE   20,000 0 0
MONEYONMOBILE COM 13135X108 4 20,000 SH   SOLE   20,000 0 0
NAVIGATOR HLDGS COM Y62132108 678 61,050 SH   SOLE   61,050 0 0
NEUROTROPE, INC COM 64129T108 64 12,500 SH   SOLE   12,500 0 0
NORFOLK SOUTHERN COM 655844108 331 2,500 SH   SOLE   2,500 0 0
NOVOZYMES ADR COM 670108109 777 15,100 SH   SOLE   15,100 0 0
OAKTREE CAPITAL COM 674001201 576 12,250 SH   SOLE   12,250 0 0
OHR PHARMA COM 67778H200 358 497,415 SH   SOLE   497,415 0 0
OLD DOMINION FRT COM 679580100 2,731 24,803 SH   SOLE   24,803 0 0
QUALCOMM INC COM 747525103 577 11,134 SH   SOLE   11,134 0 0
RANGE RES CORP COM 75281A109 616 31,500 SH   SOLE   31,500 0 0
RAYTHEON CO COM 755111507 504 2,700 SH   SOLE   2,700 0 0
ROSS STORES COM 778296103 672 10,400 SH   SOLE   10,400 0 0
SENOMYX INC COM 81724Q107 9 14,500 SH   SOLE   14,500 0 0
SENSUS HEALTHCARE COM 81728J109 169 34,000 SH   SOLE   34,000 0 0
SENSUS HEALTHCARE WRT EXP 06/0 COM 81728J117 17 30,000 SH   SOLE   30,000 0 0
SIGNATURE BANK COM 82669G104 1,706 13,325 SH   SOLE   13,325 0 0
SMITH A O COM 831865209 3,936 66,234 SH   SOLE   66,234 0 0
SOTHERLY HOTELS COM 83600C103 59 10,000 SH   SOLE   10,000 0 0
SPIRIT AIRLINES COM 848577102 284 8,500 SH   SOLE   8,500 0 0
SYSCO CORP COM 871829107 324 6,000 SH   SOLE   6,000 0 0
TELEFLEX INC COM 879369106 1,161 4,800 SH   SOLE   4,800 0 0
THERMO FISHER SCI COM 883556102 4,475 23,653 SH   SOLE   23,653 0 0
TJX COS INC COM 872540109 1,690 22,920 SH   SOLE   22,920 0 0
TYLER TECH COM 902252105 872 5,000 SH   SOLE   5,000 0 0
UNION PAC CORP COM 907818108 456 3,928 SH   SOLE   3,928 0 0
UNITED TECHS CORP COM 913017109 232 2,000 SH   SOLE   2,000 0 0
UNITEDHEALTH GR COM 91324P102 19,943 101,826 SH   SOLE   101,826 0 0
UTILICO EMERG MKTS COM G93115106 146 50,000 SH   SOLE   50,000 0 0
UTILICO EMERG MKTS LTD COM G93107137 4 10,000 SH   SOLE   10,000 0 0
VOLITIONRX LTD COM 928661107 41 15,500 SH   SOLE   15,500 0 0
WALMART COM 931142103 651 8,332 SH   SOLE   8,332 0 0
WELLTOWER INC COM 95040Q104 787 11,205 SH   SOLE   11,205 0 0
WOODWARD,INC COM 980745103 4,277 55,109 SH   SOLE   55,109 0 0
ALERIAN MLP ETF ALERIAN MLP 00162Q866 313 27,900 SH   SOLE   27,900 0 0
COHEN & ST INFRASTRUCTURE COM 19248A109 234 10,183 SH   SOLE   10,183 0 0
NUVEEN R/E FUND COM 67071b108 173 15,500 SH   SOLE   15,500 0 0
POWERSHARES FINANCIAL PFD FINL PFD PTFL 73935X229 958 50,500 SH   SOLE   50,500 0 0
WISDOM TREE EUR SM CAP DIV EUROPE SMCP DV 97717W869 375 5,400 SH   SOLE   5,400 0 0
COHEN & STEERS LTD DUR PFD FD COM 19248C105 295 11,000 SH   SOLE   11,000 0 0
COHEN & STEERS SELECT PFD & IN COM 19248Y107 803 28,410 SH   SOLE   28,410 0 0
ABERDEEN ASIA PAC INC FD COM 003009107 52 10,000 SH   SOLE   10,000 0 0
PIMCO DYNAMIC CREDIT INCOME FD COM 72202D106 1,888 81,872 SH   SOLE   81,872 0 0
BLACKROCK MUNIHLDS FL INS COM 09254p108 148 10,000 SH   SOLE   10,000 0 0
BLACKROCK MUNIYLD NY INS FD COM 09255e102 443 33,600 SH   SOLE   33,600 0 0
BLACKROCK MUNIYLD QUALITY II COM 09254g108 267 20,000 SH   SOLE   20,000 0 0
NUVEEN DIV ADV MUNI COM 67066v101 217 15,289 SH   SOLE   15,289 0 0
NUVEEN INSURED FUND COM 670657105 346 25,000 SH   SOLE   25,000 0 0