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        <NetRntlIncmReDebtFincdPropGrp />
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        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
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      <GeneralRuleInd>X</GeneralRuleInd>
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        <ContributorUSAddress>
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        <NoncashContributionInd>X</NoncashContributionInd>
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      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>Joel baum</ContributorPersonNm>
        <ContributorUSAddress>
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          <CityNm>Far Rockaway</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>11691</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>20644</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>148.238 TE Connectivity LTD</NoncashPropertyDesc>
        <FairMarketValueAmt>14856</FairMarketValueAmt>
        <ReceivedDt>2018-12-21</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>2</ContributorNum>
        <NoncashPropertyDesc>300 Eversource Energy Com</NoncashPropertyDesc>
        <FairMarketValueAmt>20644</FairMarketValueAmt>
        <ReceivedDt>2018-12-31</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
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        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
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        <NetInvestmentIncomeAmt>2600</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>AT&amp;T INC</StockNm>
        <EOYBookValueAmt>17066</EOYBookValueAmt>
        <EOYFMVAmt>17066</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CENTURYLINK INC</StockNm>
        <EOYBookValueAmt>1242</EOYBookValueAmt>
        <EOYFMVAmt>1242</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CONSOLIDATED EDISON INC</StockNm>
        <EOYBookValueAmt>28367</EOYBookValueAmt>
        <EOYFMVAmt>28367</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EVERSOURCE ENERGY COM</StockNm>
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        <EOYFMVAmt>19512</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FORTUNE BRANDS HOME &amp; SEC INC</StockNm>
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        <EOYFMVAmt>10526</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>36</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>13782</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>8388</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>4617</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIRST EAGLE GLOBAL A</StockNm>
        <EOYBookValueAmt>54588</EOYBookValueAmt>
        <EOYFMVAmt>54588</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BRISTOL MYERS SQUIBB CO</StockNm>
        <EOYBookValueAmt>10481</EOYBookValueAmt>
        <EOYFMVAmt>10481</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CONSOLIDATED EDISON INC</StockNm>
        <EOYBookValueAmt>74083</EOYBookValueAmt>
        <EOYFMVAmt>74083</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL MTRS CO</StockNm>
        <EOYBookValueAmt>27867</EOYBookValueAmt>
        <EOYFMVAmt>27867</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KRAFT HEINZ CO</StockNm>
        <EOYBookValueAmt>7490</EOYBookValueAmt>
        <EOYFMVAmt>7490</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STARWOOD PROPERTY TRUST INC</StockNm>
        <EOYBookValueAmt>22644</EOYBookValueAmt>
        <EOYFMVAmt>22644</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TRAVELERS COMPANIES INC COM</StockNm>
        <EOYBookValueAmt>15328</EOYBookValueAmt>
        <EOYFMVAmt>15328</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALGREENS BOOTS ALLIANCE INC</StockNm>
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        <EOYFMVAmt>9846</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TAUBMAN CENTERS INC 6.5%</StockNm>
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        <EOYFMVAmt>26378</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIRST EAGLE GLOBAL A</StockNm>
        <EOYBookValueAmt>278104</EOYBookValueAmt>
        <EOYFMVAmt>278104</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreasesDetail>
        <Desc>VALUATION ADJUSTMENT</Desc>
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      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAX</CategoryTxt>
        <Amt>480</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>