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
ALTRIA GROUP INC COM 02209S103 280 8,000 SH   SOLE 0 0 0 8,000
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 1 53 SH   SOLE 0 0 0 53
AMERICAN INTL GROUP INC COM NEW 026874784 4 100 SH   SOLE 0 0 0 100
APACHE CORP COM 037411105 13 160 SH   SOLE 0 0 0 160
APPLE INC COM 037833100 2,156 5,438 SH   SOLE 0 0 0 5,438
AUTODESK INC COM 052769106 1,057 31,150 SH   SOLE 0 0 0 31,150
AVISTA CORP COM 05379B107 4,863 179,988 SH   SOLE 0 0 0 179,988
BANK OF AMERICA CORPORATION COM 060505104 13 1,000 SH   SOLE 0 0 0 1,000
BANNER CORP COM NEW 06652V208 1,089 32,240 SH   SOLE 0 0 0 32,240
BARNES & NOBLE INC COM 067774109 16 1,000 SH   SOLE 0 0 0 1,000
BAZAARVOICE INC COM 073271108 1,887 200,120 SH   SOLE 0 0 0 200,120
B/E AEROSPACE INC COM 073302101 4,086 64,776 SH   SOLE 0 0 0 64,776
BERKSHIRE HATHAWAY INC DEL CL A 084670108 169 1 SH   SOLE 0 0 0 1
BOEING CO COM 097023105 2,974 29,030 SH   SOLE 0 0 0 29,030
BRIGHTCOVE INC COM 10921T101 1,070 122,132 SH   SOLE 0 0 0 122,132
C&J ENERGY SVCS INC COM 12467B304 1,828 94,390 SH   SOLE 0 0 0 94,390
CME GROUP INC COM 12572Q105 184 2,425 SH   SOLE 0 0 0 2,425
CALLIDUS SOFTWARE INC COM 13123E500 3,023 458,800 SH   SOLE 0 0 0 458,800
CAMERON INTERNATIONAL CORP COM 13342B105 2,285 37,360 SH   SOLE 0 0 0 37,360
CAPITAL SR LIVING CORP COM 140475104 4,121 172,420 SH   SOLE 0 0 0 172,420
CATERPILLAR INC DEL COM 149123101 8 100 SH   SOLE 0 0 0 100
CHEVRON CORP NEW COM 166764100 710 6,000 SH   SOLE 0 0 0 6,000
CISCO SYS INC COM 17275R102 365 15,000 SH   SOLE 0 0 0 15,000
CORNING INC COM 219350105 36 2,500 SH   SOLE 0 0 0 2,500
COSTCO WHSL CORP NEW COM 22160K105 1,143 10,334 SH   SOLE 0 0 0 10,334
CURRENCYSHARES EURO TR EURO SHS 23130C108 13 100 SH   SOLE 0 0 0 100
DELAWARE INV MN MUN INC FD I COM 24610V103 211 15,400 SH   SOLE 0 0 0 15,400
8X8 INC NEW COM 282914100 2,807 340,645 SH   SOLE 0 0 0 340,645
EMAGIN CORP COM NEW 29076N206 2,778 780,325 SH   SOLE 0 0 0 780,325
E2OPEN INC COM 29788A104 846 48,324 SH   SOLE 0 0 0 48,324
FACEBOOK INC CL A 30303M102 1,791 72,000 SH   SOLE 0 0 0 72,000
F5 NETWORKS INC COM 315616102 1,935 28,125 SH   SOLE 0 0 0 28,125
FIDELITY NATL INFORMATION SV COM 31620M106 24 565 SH   SOLE 0 0 0 565
FISHER COMMUNICATIONS INC COM 337756209 27 650 SH   SOLE 0 0 0 650
FLEXSTEEL INDS INC COM 339382103 675 27,680 SH   SOLE 0 0 0 27,680
FLOTEK INDS INC DEL COM 343389102 1,527 85,120 SH   SOLE 0 0 0 85,120
FORD MTR CO DEL COM PAR $0.01 345370860 2,798 180,894 SH   SOLE 0 0 0 180,894
FOREST OIL CORP COM PAR $0.01 346091705 4 1,000 SH   SOLE 0 0 0 1,000
FORTINET INC COM 34959E109 1,369 78,200 SH   SOLE 0 0 0 78,200
GAMESTOP CORP NEW CL A 36467W109 36 848 SH   SOLE 0 0 0 848
GENERAL ELECTRIC CO COM 369604103 151 6,500 SH   SOLE 0 0 0 6,500
GENERAL MTRS CO COM 37045V100 100 3,000 SH   SOLE 0 0 0 3,000
GENTHERM INC COM 37253A103 3,083 166,010 SH   SOLE 0 0 0 166,010
GOLDCORP INC NEW COM 380956409 2,317 93,700 SH   SOLE 0 0 0 93,700
GOOGLE INC CL A 38259P508 2,297 2,609 SH   SOLE 0 0 0 2,609
HEADWATERS INC COM 42210P102 9 1,000 SH   SOLE 0 0 0 1,000
HERITAGE FINL CORP WASH COM 42722X106 15 1,000 SH   SOLE 0 0 0 1,000
HOMESTREET INC COM 43785V102 129 6,000 SH   SOLE 0 0 0 6,000
IDACORP INC COM 451107106 1,180 24,700 SH   SOLE 0 0 0 24,700
INTEL CORP COM 458140100 3,396 140,170 SH   SOLE 0 0 0 140,170
ISHARES INC MSCI CDA INDEX 464286509 65 2,500 SH   SOLE 0 0 0 2,500
ISHARES TR FTSE CHINA25 IDX 464287184 132 4,050 SH   SOLE 0 0 0 4,050
ISHARES TR CORE S&P500 ETF 464287200 177 1,100 SH   SOLE 0 0 0 1,100
ISHARES TR MSCI EMERG MKT 464287234 1,410 36,630 SH   SOLE 0 0 0 36,630
ISHARES TR MSCI EAFE INDEX 464287465 1,298 22,660 SH   SOLE 0 0 0 22,660
ISHARES TR RUSSELL MCP VL 464287473 294 5,076 SH   SOLE 0 0 0 5,076
ISHARES TR MSCI ACWI EX 464288240 105 2,575 SH   SOLE 0 0 0 2,575
ISHARES TR BARCLYS 1-3YR CR 464288646 504 4,800 SH   SOLE 0 0 0 4,800
JOHNSON & JOHNSON COM 478160104 6 75 SH   SOLE 0 0 0 75
KBR INC COM 48242W106 2,460 75,700 SH   SOLE 0 0 0 75,700
KROGER CO COM 501044101 5 148 SH   SOLE 0 0 0 148
LSI CORPORATION COM 502161102 29 4,000 SH   SOLE 0 0 0 4,000
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 2,155 102,236 SH   SOLE 0 0 0 102,236
LONE PINE RES INC COM 54222A106 0 612 SH   SOLE 0 0 0 612
M & T BK CORP COM 55261F104 67 600 SH   SOLE 0 0 0 600
MYR GROUP INC DEL COM 55405W104 2,145 110,280 SH   SOLE 0 0 0 110,280
MCDERMOTT INTL INC COM 580037109 2,508 306,600 SH   SOLE 0 0 0 306,600
MEDTRONIC INC COM 585055106 95 1,849 SH   SOLE 0 0 0 1,849
MERCK & CO INC NEW COM 58933Y105 39 837 SH   SOLE 0 0 0 837
METLIFE INC COM 59156R108 19 422 SH   SOLE 0 0 0 422
MICROSOFT CORP COM 594918104 3,262 94,430 SH   SOLE 0 0 0 94,430
MICRON TECHNOLOGY INC COM 595112103 768 53,600 SH   SOLE 0 0 0 53,600
MONDELEZ INTL INC CL A 609207105 143 5,000 SH   SOLE 0 0 0 5,000
NEWCASTLE INVT CORP COM 65105M108 39 7,500 SH   SOLE 0 0 0 7,500
NORDSTROM INC COM 655664100 857 14,300 SH   SOLE 0 0 0 14,300
NORTHWEST NAT GAS CO COM 667655104 8,700 204,809 SH   SOLE 0 0 0 204,809
OMEROS CORP COM 682143102 10 2,000 SH   SOLE 0 0 0 2,000
PACCAR INC COM 693718108 4,081 76,045 SH   SOLE 0 0 0 76,045
PACIFIC PREMIER BANCORP COM 69478X105 1,205 98,600 SH   SOLE 0 0 0 98,600
PALO ALTO NETWORKS INC COM 697435105 1,594 37,800 SH   SOLE 0 0 0 37,800
PFIZER INC COM 717081103 140 5,000 SH   SOLE 0 0 0 5,000
PHILIP MORRIS INTL INC COM 718172109 781 9,020 SH   SOLE 0 0 0 9,020
PROCERA NETWORKS INC COM NEW 74269U203 2,281 166,135 SH   SOLE 0 0 0 166,135
PROCTER & GAMBLE CO COM 742718109 385 5,000 SH   SOLE 0 0 0 5,000
PROSHARES TR PSHS ULTSH 20YRS 74347B201 36 500 SH   SOLE 0 0 0 500
RACKSPACE HOSTING INC COM 750086100 1,633 43,100 SH   SOLE 0 0 0 43,100
RAYONIER INC COM 754907103 2,177 39,300 SH   SOLE 0 0 0 39,300
RED LION HOTELS CORP COM 756764106 3,766 616,400 SH   SOLE 0 0 0 616,400
RESOLUTE FST PRODS INC COM 76117W109 1,859 141,160 SH   SOLE 0 0 0 141,160
SAIC INC COM 78390X101 42 3,000 SH   SOLE 0 0 0 3,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,666 16,620 SH   SOLE 0 0 0 16,620
SHUTTERFLY INC COM 82568P304 1,594 28,510 SH   SOLE 0 0 0 28,510
SOUTHWEST AIRLS CO COM 844741108 1,898 147,280 SH   SOLE 0 0 0 147,280
TW TELECOM INC COM 87311L104 8 300 SH   SOLE 0 0 0 300
TESLA MTRS INC COM 88160R101 215 2,000 SH   SOLE 0 0 0 2,000
3M CO COM 88579Y101 547 5,000 SH   SOLE 0 0 0 5,000
U S AIRWAYS GROUP INC COM 90341W108 33 2,000 SH   SOLE 0 0 0 2,000
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 10 150 SH   SOLE 0 0 0 150
VERIZON COMMUNICATIONS INC COM 92343V104 2,703 53,700 SH   SOLE 0 0 0 53,700
VITESSE SEMICONDUCTOR CORP COM NEW 928497304 1,623 617,200 SH   SOLE 0 0 0 617,200
WASHINGTON FED INC COM 938824109 342 18,091 SH   SOLE 0 0 0 18,091
WELLS FARGO & CO NEW COM 949746101 587 14,221 SH   SOLE 0 0 0 14,221
WISDOMTREE TRUST EMERG MKTS ETF 97717W315 162 3,349 SH   SOLE 0 0 0 3,349
WISDOMTREE TRUST DIV EX-FINL FD 97717W406 18 282 SH   SOLE 0 0 0 282
ZILLOW INC CL A 98954A107 697 12,385 SH   SOLE 0 0 0 12,385