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
TEEKAY OFFSHORE PARTNERS LP COM Y8565J101 16 13,500 SH   SOLE   0 13,500 0
FRANKLIN NEW YORK TAX FREE COM 354130106 204 18,938 SH   SOLE   0 18,938 0
AERIE PHARMACEUTICALS COM COM 00771V108 902 25,000 SH   SOLE   0 25,000 0
ALPHABET INC CAP STK CL C COM 02079k107 1,315 1,270 SH   SOLE   250 1,020 0
AMAZON COM INC COM COM 023135106 288 192 SH   SOLE   0 192 0
AMERICAN TEL & TEL CO COM 00206R102 1,658 58,087 SH   SOLE   0 58,087 0
ANNALY MTG MGMT INC COM COM 035710409 273 27,800 SH   SOLE   0 27,800 0
APPLE COMPUTER INC W/RTS COM 037833100 2,735 17,341 SH   SOLE   1,000 16,241 100
APPLIED DNA SCIENCES I COM NEW COM 03815U201 20 50,000 SH   SOLE   0 50,000 0
ARBOR RLTY TR INC COM COM 038923108 4,003 397,469 SH   SOLE   0 397,469 0
BARCLAYS BK PLC IPATH S&P500 V COM 06746l422 293 6,250 SH   SOLE   6,250 0 0
BERKSHIRE HATHAWAY INC COM 084670108 3,366 11 SH   SOLE   0 11 0
BERKSHIRE HATHAWAY INC-DEL COM 084670702 470 2,300 SH   SOLE   0 2,300 0
BIOSIG TECH INC COM NEW COM 09073n201 68 16,000 SH   SOLE   0 16,000 0
BK TECHNOLOGIES INC COM COM 09180a100 5,485 1,462,548 SH   SOLE   0 1,462,548 0
BRISTOL-MYERS SQUIBB CO COM 110122108 1,970 37,900 SH   SOLE   3,500 33,600 800
CAPITAL PRODUCT PARTNE COM UNI COM Y11082107 51 24,312 SH   SOLE   0 24,312 0
CELLDEX THERAPEUTICS I COM COM 15117b103 6 32,600 SH   SOLE   0 32,600 0
CHEMBIO DIAGNOSTICS IN COM NEW COM 163572209 515 90,929 SH   SOLE   36,500 50,929 3,500
CHIMERA INVT CORP COM NEW COM 16934q208 1,613 90,510 SH   SOLE   0 88,310 2,200
CITIGROUP INC COM 172967424 1,506 28,925 SH   SOLE   6,000 22,725 200
COGNIZANT TECH SOLUTNS CL A COM 192446102 333 5,250 SH   SOLE   0 5,250 0
COLONY CAP INC NEW CL A COM COM 19626G108 545 116,379 SH   SOLE   0 113,094 3,285
COMCAST CORP NEW CL A COM 20030N101 707 20,775 SH   SOLE   0 20,775 0
CONOCO PHILLIPS COM 20825C104 571 9,150 SH   SOLE   0 9,150 0
CORENERGY INFRASTRUCTU COM NEW COM 21870u502 983 29,718 SH   SOLE   0 28,818 900
CPI AEROSTRUCTURES INC COM NEW COM 125919308 240 37,600 SH   SOLE   0 37,600 0
DELTA AIR LINES INC DE COM NEW COM 247361702 2,153 43,150 SH   SOLE   2,000 40,750 400
DEVON ENERGY CORP COM 25179M103 744 33,003 SH   SOLE   3,000 29,303 700
DOWDUPONT INC COM COM 26078j100 1,385 25,900 SH   SOLE   0 25,400 500
FACEBOOK INC CL A COM 30303M102 1,537 11,725 SH   SOLE   1,500 10,075 150
FALCON MINERALS CORP CL A COM COM 30607b109 1,125 132,300 SH   SOLE   0 132,300 0
GALECTIN THERAPEUTICS INC COM 363225202 764 222,700 SH   SOLE   0 222,700 0
GENERAL ELECTRIC CO COM 369604103 359 47,425 SH   SOLE   0 47,425 0
GENERAL MOTORS CO COM 37045V100 2,937 87,793 SH   SOLE   8,000 78,693 1,100
GLOBAL SHIP LEASE INC SHS A COM y27183105 19 30,350 SH   SOLE   0 30,350 0
HC2 HLDGS INC COM COM 404139107 79 30,000 SH   SOLE   30,000 0 0
HCP INC COM COM 40414L109 408 14,600 SH   SOLE   0 14,600 0
HERCULES TECHNOLOGY GROWTH COM 427096508 2,631 238,133 SH   SOLE   25,000 211,244 1,889
HOUSTON AMERN ENERGY C COM COM 44183U100 291 1,540,534 SH   SOLE   0 1,540,534 0
INTEL CORP COM 458140100 826 17,600 SH   SOLE   0 17,600 0
INVESCO EXCHANGE TRADE AEROSPA COM 46137v100 232 4,700 SH   SOLE   0 4,700 0
INVESCO QQQ TR UNIT SER 1 COM 46090e103 332 2,155 SH   SOLE   0 2,155 0
ISHARES TR S&P 100 IDX FD COM 464287101 242 2,170 SH   SOLE   0 2,170 0
ISTAR FINANCIAL INC COM 45031U101 265 28,850 SH   SOLE   0 28,350 500
JOHNSON & JOHNSON COM 478160104 922 7,148 SH   SOLE   0 7,148 0
KENNEDY - WILSON HOLDINGS INC. COM 489398107 545 30,000 SH   SOLE   30,000 0 0
KKR & CO INC CL A COM 48251w104 3,377 172,050 SH   SOLE   13,500 155,450 3,100
MACYS INC COM COM 55616p104 1,569 52,700 SH   SOLE   4,000 48,200 500
MEDICAL PPTYS TR INC COM COM 58463J304 3,413 212,250 SH   SOLE   0 211,050 1,200
MEDTRONIC PLC SHS COM g5960l103 1,039 11,425 SH   SOLE   0 11,425 0
MERCK & CO INC COM 58933Y105 1,922 25,150 SH   SOLE   0 25,150 0
MFA FINANCIAL INC COM 55272X102 312 46,700 SH   SOLE   0 46,700 0
MFS CHARTER INCOME TRUST-SBI COM 552727109 158 21,550 SH   SOLE   0 21,050 500
MICROSOFT CORP COM 594918104 4,003 39,415 SH   SOLE   11,000 27,415 1,000
MONMOUTH REAL ESTATE INVT CORP COM 609720107 1,065 85,900 SH   SOLE   0 85,000 900
NEWELL CO COM 651229106 1,952 105,010 SH   SOLE   10,000 93,010 2,000
NUVERRA ENVIRONMENTAL SHS COM 67091k302 243 29,603 SH   SOLE   0 29,603 0
OMEGA HEALTHCARE INVS COM COM 681936100 605 17,225 SH   SOLE   0 17,225 0
PEPSICO INC. COM 713448108 243 2,200 SH   SOLE   0 2,200 0
PFIZER INC. COM 717081103 3,663 83,925 SH   SOLE   7,500 74,325 2,100
PICO HOLDINGS INC COM 693366205 128 14,000 SH   SOLE   14,000 0 0
PLATFORM SPECIALTY PRO COM COM 72766q105 134 13,000 SH   SOLE   13,000 0 0
PPL CORP COM COM 69351T106 256 9,050 SH   SOLE   0 9,050 0
PRESIDENTIAL RLTY NEW CL B COM 741004204 2 74,000 SH   SOLE   0 74,000 0
PROCTER & GAMBLE CO COM 742718109 947 10,300 SH   SOLE   0 10,300 0
READING INTERNATINAL CL A COM 755408101 416 28,600 SH   SOLE   16,000 12,600 0
RED LION HOTELS CORP COM 756764106 1,791 218,447 SH   SOLE   79,500 135,047 3,900
REDWOOD TR INC COM COM 758075402 527 34,966 SH   SOLE   0 33,966 1,000
ROYAL GOLD INC COM 780287108 531 6,200 SH   SOLE   1,000 5,200 0
SANOFI SPONSORED ADR COM 80105n105 386 8,900 SH   SOLE   0 8,900 0
SAREPTA THERAPEUTICS I COM COM 803607100 398 3,650 SH   SOLE   0 3,650 0
SECTOR SPDR TR SBI INT-ENERGY COM 81369Y506 271 4,718 SH   SOLE   0 4,718 0
SELECT SECTOR SPDR TR SBI HEAL COM 81369y209 227 2,620 SH   SOLE   0 2,620 0
SPDR GOLD TRUST GOLD SHS COM 78463v107 364 3,000 SH   SOLE   3,000 0 0
SPROTT PHYSICAL GOLD UNIT COM 85207H104 2,714 263,221 SH   SOLE   0 255,821 7,400
STONEMOR PARTNERS L P COM UNIT COM 86183Q100 86 41,000 SH   SOLE   41,000 0 0
TRINITY BIOTECH PLC-SPON ADR COM 896438306 39 17,000 SH   SOLE   3,000 14,000 0
VANGUARD INDEX FDS REIT ETF COM 922908553 297 3,980 SH   SOLE   0 3,980 0
VANGUARD INDEX FDS STK MRK ETF COM 922908769 357 2,795 SH   SOLE   0 2,795 0
VENTAS INC COM COM 92276F100 1,553 26,500 SH   SOLE   0 26,500 0
VERIZON COMMUNICATIONS COM 92343V104 367 6,536 SH   SOLE   0 6,536 0
VERTEX ENERGY INC COM COM 92534K107 368 360,969 SH   SOLE   0 360,969 0
VOLT INFO SCIENCES INC COM 928703107 733 340,758 SH   SOLE   68,805 264,953 7,000
WALT DISNEY CO W/RTS TO PUR COM 254687106 973 8,873 SH   SOLE   0 8,873 0
SEASPAN CORPORATION CUM RED PRD Y75638208 575 24,950 SH   SOLE   0 24,950 0
TSAKOS ENERGY NAVIGATION LT PRD G9108L124 247 10,100 SH   SOLE   0 10,100 0
B RILEY FINL INC SR NT 27 PRD 05580m306 284 11,947 SH   SOLE   0 9,947 2,000
B RILEY FINL INC SR NT 7.25 2 PRD 05580m405 901 39,400 SH   SOLE   0 37,900 1,500
CHS INC 8 CUM REDEEMABLE PFD PRD 12542R209 957 35,707 SH   SOLE   0 33,107 2,600
GOLDMAN SACHS GROUP PFD A 1/10 PRD 38143Y665 728 41,469 SH   SOLE   0 36,469 5,000
METLIFE INC PFD A FLT RATE PRD 59156R504 444 21,200 SH   SOLE   0 20,400 800
MORGAN STANLEY DEP SHS REPSTG PRD 61747S504 457 24,105 SH   SOLE   0 20,905 3,200
ABERDEEN ASIA PAC INCM COM COM 003009107 95 24,600 SH   SOLE   0 24,600 0
ALLIANCEBERNSTEIN MUN N Y PTFL COM 018642207 288 29,597 SH   SOLE   0 29,597 0
BLACKROCK CORE BD TR SHS BEN I COM 09249E101 998 81,794 SH   SOLE   0 81,794 0
BLACKROCK MUNIHLDNGS C COM COM 09254L107 308 25,000 SH   SOLE   0 25,000 0
BLACKSTONE GSO RTE FND COM COM 09256U105 1,037 67,628 SH   SOLE   0 67,628 0
BOULDER GROWTH & INCOM COM COM 101507101 1,459 139,900 SH   SOLE   0 135,400 4,500
EATON VANCE MUNS TR EV NY MUN COM 27826l322 139 14,147 SH   SOLE   0 14,147 0
FPA NEW INCOME INC COM COM 302544101 223 22,591 SH   SOLE   0 22,591 0
LEUTHOLD FDS INC GRIZZLY SHORT COM 527289797 1,069 52,650 SH   SOLE   0 51,275 1,375
LORD ABBETT INVT TR SH DURA IN COM 543916464 146 35,253 SH   SOLE   0 35,253 0
LORD ABBETT MUNI INCOM N Y SER COM 543902209 202 18,173 SH   SOLE   0 18,173 0
MFS INTER INCOME FD SH BEN INT COM 55273C107 218 59,300 SH   SOLE   0 59,300 0
NUVEEN DOW 30 DYNAMIC OVERWRIT COM 67075f105 600 37,206 SH   SOLE   0 37,206 0
NUVEEN PA INVT QUALITY COM COM 670972108 203 16,600 SH   SOLE   0 16,600 0
PIMCO CORPORATE OPP FD COM COM 72201B101 301 19,600 SH   SOLE   0 19,600 0
PIMCO DYNAMIC CR INCOM COM SHS COM 72202D106 324 15,400 SH   SOLE   0 15,400 0
RIVERPARK FDS TR STRAT INC RTA COM 76882k751 101 11,029 SH   SOLE   0 11,029 0
TEMPLETON INCOME TR GLO TOTRTN COM 880208855 793 68,087 SH   SOLE   0 68,087 0
BIOLINERX LTD SPONSORED ADR ADR 09071M106 63 143,000 SH   SOLE   0 143,000 0
ROYAL DUTCH SHELL PLC SPONS AD ADR 780259206 1,171 20,100 SH   SOLE   0 20,100 0
TEVA PHARMACEUTCL INDS ADR ADR 881624209 533 34,544 SH   SOLE   0 34,544 0
GM 10JUL19 18.33 C Option 37045V126 292 18,346 SH Call SOLE   11,445 6,901 0