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
ABEONA THERAPEUTICS INC COM 00289Y107 120 24,000 SH   SOLE 24,000 0 0
ACADIA PHARMACEUTICALS INC COM 004225108 1,220 35,500 SH   SOLE 35,500 0 0
ALLERGAN PLC SHS G0177J108 3,278 13,723 SH   SOLE 13,608 0 115
ALPHABET INC CAP STK CL C 02079K107 239 288 SH   SOLE 288 0 0
ALPHABET INC CAP STK CL A 02079K305 7,811 9,213 SH   SOLE 9,168 0 45
ALTRIA GROUP INC COM 02209S103 429 6,008 SH   SOLE 6,008 0 0
AMAZON COM INC COM 023135106 6,485 7,315 SH   SOLE 7,264 0 51
AMERICAN EXPRESS CO COM 025816109 1,791 22,645 SH   SOLE 22,370 0 275
AMGEN INC COM 031162100 328 2,000 SH   SOLE 2,000 0 0
APPLE INC COM 037833100 16,674 116,065 SH   SOLE 115,855 0 210
ASTERIAS BIOTHERAPEUTICS INC COM SER A 04624N107 139 41,008 SH   SOLE 41,008 0 0
AT&T INC COM 00206R102 413 9,948 SH   SOLE 9,948 0 0
BB&T CORP COM 054937107 1,982 44,338 SH   SOLE 44,113 0 225
BERKSHIRE HATHAWAY INC DEL CL A 084670108 750 3 SH   SOLE 3 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 674 4,043 SH   SOLE 4,043 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 263 3,000 SH   SOLE 3,000 0 0
BIOTIME INC COM 09066L105 477 138,371 SH   SOLE 138,371 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 569 10,455 SH   SOLE 9,495 0 960
CELGENE CORP COM 151020104 1,835 14,749 SH   SOLE 14,699 0 50
CHEVRON CORP NEW COM 166764100 432 4,020 SH   SOLE 4,020 0 0
CISCO SYS INC COM 17275R102 6,813 201,556 SH   SOLE 200,256 0 1,300
CITIGROUP INC COM NEW 172967424 780 13,037 SH   SOLE 13,037 0 0
COLONY NORTHSTAR INC CL A COM 19625W104 239 18,481 SH   SOLE 18,481 0 0
COMCAST CORP NEW CL A 20030N101 2,059 54,769 SH   SOLE 53,919 0 850
DISNEY WALT CO COM DISNEY 254687106 296 2,614 SH   SOLE 2,614 0 0
DOW CHEM CO COM 260543103 6,381 100,429 SH   SOLE 99,804 0 625
DYNAVAX TECHNOLOGIES CORP COM NEW 268158201 65 11,000 SH   SOLE 11,000 0 0
DYNEX CAP INC COM NEW 26817Q506 109 15,438 SH   SOLE 15,438 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 276 14,000 SH   SOLE 14,000 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 363 13,147 SH   SOLE 13,147 0 0
EVINE LIVE INC CL A 300487105 45 35,300 SH   SOLE 35,300 0 0
EVOKE PHARMA INC COM 30049G104 32 10,425 SH   SOLE 10,425 0 0
EXXON MOBIL CORP COM 30231G102 4,829 58,888 SH   SOLE 58,438 0 450
FACEBOOK INC CL A 30303M102 1,021 7,187 SH   SOLE 7,187 0 0
GABELLI EQUITY TR INC COM 362397101 74 12,430 SH   SOLE 12,430 0 0
GENERAL ELECTRIC CO COM 369604103 6,057 203,273 SH   SOLE 202,273 0 1,000
GERON CORP COM 374163103 58 25,200 SH   SOLE 25,200 0 0
GREAT AJAX CORP COM 38983D300 496 37,979 SH   SOLE 37,979 0 0
HOME DEPOT INC COM 437076102 4,435 30,204 SH   SOLE 29,954 0 250
INSEEGO CORP COM 45782B104 84 40,000 SH   SOLE 40,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 6,165 35,404 SH   SOLE 35,404 0 0
JOHNSON & JOHNSON COM 478160104 4,242 34,051 SH   SOLE 33,916 0 135
KATE SPADE & CO COM 485865109 1,161 50,000 SH   SOLE 50,000 0 0
KCAP FINL INC COM 48668E101 43 10,642 SH   SOLE 10,642 0 0
LOCKHEED MARTIN CORP COM 539830109 4,444 16,606 SH   SOLE 16,531 0 75
MEDTRONIC PLC SHS G5960L103 3,971 49,288 SH   SOLE 48,813 0 475
MERCK & CO INC COM 58933Y105 326 5,136 SH   SOLE 5,136 0 0
MICROSOFT CORP COM 594918104 5,546 84,200 SH   SOLE 83,450 0 750
NEW YORK MTG TR INC PFD-C CONV 649604808 291 12,210 SH   SOLE 12,210 0 0
NUVEEN MUN VALUE FD INC COM 670928100 112 11,401 SH   SOLE 11,401 0 0
ONCOCYTE CORPORATION COM 68235C107 97 16,320 SH   SOLE 16,320 0 0
PACWEST BANCORP DEL COM 695263103 6,072 114,001 SH   SOLE 114,001 0 0
PEPSICO INC COM 713448108 1,995 17,837 SH   SOLE 17,662 0 175
PFIZER INC COM 717081103 274 8,000 SH   SOLE 8,000 0 0
PHILIP MORRIS INTL INC COM 718172109 360 3,192 SH   SOLE 3,192 0 0
REDHILL BIOPHARMA LTD SPONSORED ADS 757468103 163 17,000 SH   SOLE 17,000 0 0
REYNOLDS AMERICAN INC COM 761713106 202 3,200 SH   SOLE 3,200 0 0
SCHLUMBERGER LTD COM 806857108 3,764 48,195 SH   SOLE 47,795 0 400
STARBUCKS CORP COM 855244109 4,272 73,156 SH   SOLE 72,956 0 200
STRYKER CORP COM 863667101 474 3,600 SH   SOLE 3,600 0 0
SYNERGY PHARMACEUTICALS DEL COM NEW 871639308 193 41,500 SH   SOLE 41,500 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 233 7,250 SH   SOLE 7,250 0 0
TOLL BROTHERS INC COM 889478103 1,400 38,763 SH   SOLE 38,613 0 150
TORONTO DOMINION BK ONT COM NEW 891160509 3,553 70,937 SH   SOLE 70,312 0 625
US BANCORP DEL COM NEW 902973304 5,166 100,300 SH   SOLE 99,650 0 650
VERIZON COMMUNICATIONS INC COM 92343V104 4,981 102,171 SH   SOLE 101,771 0 400
VISA INC COM CL A 92826C839 1,663 18,711 SH   SOLE 18,586 0 125
WASTE MGMT INC DEL COM 94106L109 3,280 44,977 SH   SOLE 44,477 0 500
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 230 3,800 SH   SOLE 3,800 0 0
XPLORE TECHNOLOGIES CORP COM PAR $0.001 983950700 183 89,109 SH   SOLE 89,109 0 0