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
ASHFORD HOSPITALITY TR INC COM SHS 044103109 241 31,029 SH   SOLE   31,029 0 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 80 10,345 SH   DFND 1 10,345 0 0
CUBESMART COM 229663109 551 20,599 SH   SOLE   20,599 0 0
CUBESMART COM 229663109 61 2,290 SH   DFND 1 2,290 0 0
IRON MTN INC NEW COM 46284V101 2,197 67,641 SH   SOLE   67,641 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 925 13,751 SH   SOLE   13,751 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 51 755 SH   DFND 1 755 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 803 29,468 SH   SOLE   29,468 0 0