﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2013v4.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2015-06-02T10:38:00-05:00</ReturnTs>
    <TaxPeriodEndDt>2014-11-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>232628118</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1>DRUCKER &amp; SCACCETTI PC</BusinessNameLine1>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1>1600 MARKET STREET SUITE 3300</AddressLine1>
        <City>PHILADELPHIA</City>
        <State>PA</State>
        <ZIPCode>19103</ZIPCode>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2013-12-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>137052572</EIN>
      <BusinessName>
        <BusinessNameLine1>SHIKIAR FAMILY FOUNDATION</BusinessNameLine1>
      </BusinessName>
      <BusinessNameControlTxt>SHIK</BusinessNameControlTxt>
      <PhoneNum>2128886565</PhoneNum>
      <USAddress>
        <AddressLine1>30 EAST 85TH STREET 24B</AddressLine1>
        <City>NEW YORK</City>
        <State>NY</State>
        <ZIPCode>10028</ZIPCode>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>STUART A SHIKIAR</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>2128886565</PhoneNum>
      <SignatureDt>2015-05-29</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>JAMES G MCGRORY CPA</PreparerPersonNm>
      <PTIN>P00179347</PTIN>
      <PhoneNum>2156653960</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2013</TaxYr>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="9">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>2635415</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>377279</ContriRcvdRevAndExpnssAmt>
        <DividendsRevAndExpnssAmt>220688</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>218342</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>455472</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>4889858</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>459767</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>1053439</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>678109</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>10000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>5000</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>5000</CompOfcrDirTrstDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">13000</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>9750</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>0</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002300001">26357</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>25898</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>0</OtherProfFeesDsbrsChrtblAmt>
        <InterestRevAndExpnssAmt>171</InterestRevAndExpnssAmt>
        <InterestNetInvstIncmAmt>168</InterestNetInvstIncmAmt>
        <InterestDsbrsChrtblAmt>0</InterestDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">11880</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>306</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>0</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">290</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>0</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>250</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>61698</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>41122</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>5250</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>110402</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>110402</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>172100</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>41122</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>115652</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>881339</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>636987</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>133136</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>297735</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>297735</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>1270932</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">1353661</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>1363816</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>513582</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2044400001">964501</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>973864</CorporateBondsEOYFMVAmt>
        <TotalAssetsBOYAmt>1917650</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2615897</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>2635415</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>1917650</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>2615897</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1917650</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>2615897</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1917650</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2615897</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1917650</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>881339</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>2798989</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc2049800001">183092</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>2615897</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VIROPHARMA INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-03-19</AcquiredDt>
          <SoldDt>2013-12-09</SoldDt>
          <GrossSalesPriceAmt>197864</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>99151</CostOrOtherBasisAmt>
          <GainOrLossAmt>98713</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>98713</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VIROPHARMA INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-06-11</AcquiredDt>
          <SoldDt>2013-12-09</SoldDt>
          <GrossSalesPriceAmt>74199</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>42075</CostOrOtherBasisAmt>
          <GainOrLossAmt>32124</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>32124</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VIROPHARMA INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-08-21</AcquiredDt>
          <SoldDt>2013-12-09</SoldDt>
          <GrossSalesPriceAmt>49466</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>30591</CostOrOtherBasisAmt>
          <GainOrLossAmt>18875</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>18875</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GENERAC HOLDGS INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-16</AcquiredDt>
          <SoldDt>2014-01-21</SoldDt>
          <GrossSalesPriceAmt>206326</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>206110</CostOrOtherBasisAmt>
          <GainOrLossAmt>216</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>216</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SANDRIDGE ENERGY INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-01-29</AcquiredDt>
          <SoldDt>2014-01-22</SoldDt>
          <GrossSalesPriceAmt>22324</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>24767</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2443</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2443</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SANDRIDGE ENERGY INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-01-30</AcquiredDt>
          <SoldDt>2014-01-22</SoldDt>
          <GrossSalesPriceAmt>41460</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>46422</CostOrOtherBasisAmt>
          <GainOrLossAmt>-4962</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-4962</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SANDRIDGE ENERGY INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-11-06</AcquiredDt>
          <SoldDt>2014-01-22</SoldDt>
          <GrossSalesPriceAmt>63784</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>60510</CostOrOtherBasisAmt>
          <GainOrLossAmt>3274</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3274</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SANDRIDGE ENERGY INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-07</AcquiredDt>
          <SoldDt>2014-01-23</SoldDt>
          <GrossSalesPriceAmt>31723</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>29972</CostOrOtherBasisAmt>
          <GainOrLossAmt>1751</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1751</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>AMERICAN AIRLS GROUP INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-06</AcquiredDt>
          <SoldDt>2014-02-03</SoldDt>
          <GrossSalesPriceAmt>42180</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>33742</CostOrOtherBasisAmt>
          <GainOrLossAmt>8438</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8438</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CITIGROUP INC.</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-21</AcquiredDt>
          <SoldDt>2014-02-03</SoldDt>
          <GrossSalesPriceAmt>46700</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>51910</CostOrOtherBasisAmt>
          <GainOrLossAmt>-5210</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-5210</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FREEPORT MCMORAN COOPER</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-22</AcquiredDt>
          <SoldDt>2014-02-03</SoldDt>
          <GrossSalesPriceAmt>62706</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>68940</CostOrOtherBasisAmt>
          <GainOrLossAmt>-6234</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-6234</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GENERAC HOLDGS INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-17</AcquiredDt>
          <SoldDt>2014-02-06</SoldDt>
          <GrossSalesPriceAmt>97434</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>98425</CostOrOtherBasisAmt>
          <GainOrLossAmt>-991</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-991</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GENERAC HOLDGS INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-24</AcquiredDt>
          <SoldDt>2014-02-06</SoldDt>
          <GrossSalesPriceAmt>121792</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>114318</CostOrOtherBasisAmt>
          <GainOrLossAmt>7474</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>7474</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-02-05</AcquiredDt>
          <SoldDt>2014-02-21</SoldDt>
          <GrossSalesPriceAmt>32104</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>31296</CostOrOtherBasisAmt>
          <GainOrLossAmt>808</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>808</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-02-19</AcquiredDt>
          <SoldDt>2014-02-21</SoldDt>
          <GrossSalesPriceAmt>64209</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>61689</CostOrOtherBasisAmt>
          <GainOrLossAmt>2520</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2520</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VODAFONE GROUP PLC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-03-08</AcquiredDt>
          <SoldDt>2014-02-27</SoldDt>
          <GrossSalesPriceAmt>15</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>18</CostOrOtherBasisAmt>
          <GainOrLossAmt>-3</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-3</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VERIZON COMMUNICATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-02-27</AcquiredDt>
          <SoldDt>2014-03-04</SoldDt>
          <GrossSalesPriceAmt>37866</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>37963</CostOrOtherBasisAmt>
          <GainOrLossAmt>-97</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-97</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TRIANGLE PETE CORP COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-08-21</AcquiredDt>
          <SoldDt>2014-03-27</SoldDt>
          <GrossSalesPriceAmt>41036</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>32403</CostOrOtherBasisAmt>
          <GainOrLossAmt>8633</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8633</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-03-24</AcquiredDt>
          <SoldDt>2014-04-01</SoldDt>
          <GrossSalesPriceAmt>55425</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>53670</CostOrOtherBasisAmt>
          <GainOrLossAmt>1755</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1755</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-03-25</AcquiredDt>
          <SoldDt>2014-04-01</SoldDt>
          <GrossSalesPriceAmt>110851</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>110844</CostOrOtherBasisAmt>
          <GainOrLossAmt>7</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>7</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DREAMWORKS ANIMATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-02-26</AcquiredDt>
          <SoldDt>2014-04-22</SoldDt>
          <GrossSalesPriceAmt>27762</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>30560</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2798</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2798</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DREAMWORKS ANIMATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-03-27</AcquiredDt>
          <SoldDt>2014-04-22</SoldDt>
          <GrossSalesPriceAmt>27762</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>26230</CostOrOtherBasisAmt>
          <GainOrLossAmt>1532</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1532</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ENTERCOM COMMUNICATIONS CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-12-10</AcquiredDt>
          <SoldDt>2014-04-22</SoldDt>
          <GrossSalesPriceAmt>21509</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>19148</CostOrOtherBasisAmt>
          <GainOrLossAmt>2361</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2361</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-04-10</AcquiredDt>
          <SoldDt>2014-04-22</SoldDt>
          <GrossSalesPriceAmt>73991</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>70530</CostOrOtherBasisAmt>
          <GainOrLossAmt>3461</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3461</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NEWS CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-09-10</AcquiredDt>
          <SoldDt>2014-04-22</SoldDt>
          <GrossSalesPriceAmt>41831</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>41553</CostOrOtherBasisAmt>
          <GainOrLossAmt>278</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>278</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHICAGO BRIDGE &amp; IRON CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-04-24</AcquiredDt>
          <SoldDt>2014-05-01</SoldDt>
          <GrossSalesPriceAmt>80887</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>83310</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2423</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2423</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHICAGO BRIDGE &amp; IRON CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-04-25</AcquiredDt>
          <SoldDt>2014-05-01</SoldDt>
          <GrossSalesPriceAmt>81618</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>80810</CostOrOtherBasisAmt>
          <GainOrLossAmt>808</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>808</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CALAMOS ASSET MGMT INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-06</AcquiredDt>
          <SoldDt>2014-05-05</SoldDt>
          <GrossSalesPriceAmt>30334</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>29609</CostOrOtherBasisAmt>
          <GainOrLossAmt>725</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>725</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CALAMOS ASSET MGMT INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-06</AcquiredDt>
          <SoldDt>2014-05-07</SoldDt>
          <GrossSalesPriceAmt>30381</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>29609</CostOrOtherBasisAmt>
          <GainOrLossAmt>772</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>772</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-04-24</AcquiredDt>
          <SoldDt>2014-05-07</SoldDt>
          <GrossSalesPriceAmt>77773</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>69506</CostOrOtherBasisAmt>
          <GainOrLossAmt>8267</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8267</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>STEIN MART INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-04-22</AcquiredDt>
          <SoldDt>2014-05-22</SoldDt>
          <GrossSalesPriceAmt>3101</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2970</CostOrOtherBasisAmt>
          <GainOrLossAmt>131</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>131</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHICOS FAS INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-04-22</AcquiredDt>
          <SoldDt>2014-05-29</SoldDt>
          <GrossSalesPriceAmt>37925</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>39935</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2010</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2010</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHICOS FAS INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-05-05</AcquiredDt>
          <SoldDt>2014-05-29</SoldDt>
          <GrossSalesPriceAmt>15170</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>16053</CostOrOtherBasisAmt>
          <GainOrLossAmt>-883</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-883</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ENTERCOM COMMUNICATIONS CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-12-10</AcquiredDt>
          <SoldDt>2014-05-29</SoldDt>
          <GrossSalesPriceAmt>25940</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>23935</CostOrOtherBasisAmt>
          <GainOrLossAmt>2005</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2005</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-05-15</AcquiredDt>
          <SoldDt>2014-05-29</SoldDt>
          <GrossSalesPriceAmt>49458</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>51720</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2262</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2262</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>QEP RES INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-14</AcquiredDt>
          <SoldDt>2014-05-29</SoldDt>
          <GrossSalesPriceAmt>31731</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>30004</CostOrOtherBasisAmt>
          <GainOrLossAmt>1727</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1727</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>STEIN MART INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-04-22</AcquiredDt>
          <SoldDt>2014-05-29</SoldDt>
          <GrossSalesPriceAmt>43502</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>43024</CostOrOtherBasisAmt>
          <GainOrLossAmt>478</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>478</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>STEIN MART INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-05-05</AcquiredDt>
          <SoldDt>2014-05-29</SoldDt>
          <GrossSalesPriceAmt>19931</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>18703</CostOrOtherBasisAmt>
          <GainOrLossAmt>1228</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1228</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-05-15</AcquiredDt>
          <SoldDt>2014-05-30</SoldDt>
          <GrossSalesPriceAmt>49709</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>51720</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2011</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2011</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-05-16</AcquiredDt>
          <SoldDt>2014-06-03</SoldDt>
          <GrossSalesPriceAmt>75330</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>73743</CostOrOtherBasisAmt>
          <GainOrLossAmt>1587</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1587</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-05-21</AcquiredDt>
          <SoldDt>2014-06-03</SoldDt>
          <GrossSalesPriceAmt>50220</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>46870</CostOrOtherBasisAmt>
          <GainOrLossAmt>3350</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3350</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-06-02</AcquiredDt>
          <SoldDt>2014-06-03</SoldDt>
          <GrossSalesPriceAmt>50220</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>48429</CostOrOtherBasisAmt>
          <GainOrLossAmt>1791</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1791</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VODAFONE GROUP PLC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-09-03</AcquiredDt>
          <SoldDt>2014-06-04</SoldDt>
          <GrossSalesPriceAmt>13046</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>21972</CostOrOtherBasisAmt>
          <GainOrLossAmt>-8926</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-8926</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VODAFONE GROUP PLC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-03-04</AcquiredDt>
          <SoldDt>2014-06-04</SoldDt>
          <GrossSalesPriceAmt>29521</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>35803</CostOrOtherBasisAmt>
          <GainOrLossAmt>-6282</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-6282</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>QEP RES INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-14</AcquiredDt>
          <SoldDt>2014-06-11</SoldDt>
          <GrossSalesPriceAmt>31582</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>30004</CostOrOtherBasisAmt>
          <GainOrLossAmt>1578</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1578</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TRIANGLE PETE CORP COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-09-10</AcquiredDt>
          <SoldDt>2014-06-11</SoldDt>
          <GrossSalesPriceAmt>16826</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>13447</CostOrOtherBasisAmt>
          <GainOrLossAmt>3379</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3379</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WALGREEN CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-06-24</AcquiredDt>
          <SoldDt>2014-06-25</SoldDt>
          <GrossSalesPriceAmt>133135</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>130572</CostOrOtherBasisAmt>
          <GainOrLossAmt>2563</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2563</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>EXCEL TR INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-06-20</AcquiredDt>
          <SoldDt>2014-07-01</SoldDt>
          <GrossSalesPriceAmt>133797</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>132075</CostOrOtherBasisAmt>
          <GainOrLossAmt>1722</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1722</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2014-04-24</AcquiredDt>
          <SoldDt>2014-07-21</SoldDt>
          <GrossSalesPriceAmt>23671</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>23165</CostOrOtherBasisAmt>
          <GainOrLossAmt>506</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>506</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2014-06-02</AcquiredDt>
          <SoldDt>2014-07-22</SoldDt>
          <GrossSalesPriceAmt>48013</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>49030</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1017</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1017</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-07-31</AcquiredDt>
          <SoldDt>2014-08-05</SoldDt>
          <GrossSalesPriceAmt>97698</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>95483</CostOrOtherBasisAmt>
          <GainOrLossAmt>2215</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2215</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ENTERCOM COMMUNICATIONS CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-12-10</AcquiredDt>
          <SoldDt>2014-08-06</SoldDt>
          <GrossSalesPriceAmt>4920</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4787</CostOrOtherBasisAmt>
          <GainOrLossAmt>133</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>133</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ENTERCOM COMMUNICATIONS CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-09</AcquiredDt>
          <SoldDt>2014-08-06</SoldDt>
          <GrossSalesPriceAmt>19681</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>22280</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2599</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2599</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NEWS CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-09-11</AcquiredDt>
          <SoldDt>2014-08-07</SoldDt>
          <GrossSalesPriceAmt>42587</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>42666</CostOrOtherBasisAmt>
          <GainOrLossAmt>-79</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-79</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NEWS CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-09-12</AcquiredDt>
          <SoldDt>2014-08-07</SoldDt>
          <GrossSalesPriceAmt>42587</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>43495</CostOrOtherBasisAmt>
          <GainOrLossAmt>-908</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-908</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>RESOURCE CAPITAL CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-09-11</AcquiredDt>
          <SoldDt>2014-08-18</SoldDt>
          <GrossSalesPriceAmt>26765</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>30343</CostOrOtherBasisAmt>
          <GainOrLossAmt>-3578</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-3578</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>RESOURCE CAPITAL CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-04-10</AcquiredDt>
          <SoldDt>2014-08-18</SoldDt>
          <GrossSalesPriceAmt>24089</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>25006</CostOrOtherBasisAmt>
          <GainOrLossAmt>-917</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-917</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GENERAC HOLDGS INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-07-01</AcquiredDt>
          <SoldDt>2014-08-19</SoldDt>
          <GrossSalesPriceAmt>117681</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>117451</CostOrOtherBasisAmt>
          <GainOrLossAmt>230</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>230</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>APPLE COMPUTER INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-09-04</AcquiredDt>
          <SoldDt>2014-09-10</SoldDt>
          <GrossSalesPriceAmt>50499</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>49195</CostOrOtherBasisAmt>
          <GainOrLossAmt>1304</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1304</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DREAMWORKS ANIMATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-06-16</AcquiredDt>
          <SoldDt>2014-09-10</SoldDt>
          <GrossSalesPriceAmt>55094</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>61114</CostOrOtherBasisAmt>
          <GainOrLossAmt>-6020</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-6020</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TRIANGLE PETE CORP COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-09-10</AcquiredDt>
          <SoldDt>2014-09-10</SoldDt>
          <GrossSalesPriceAmt>10089</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7564</CostOrOtherBasisAmt>
          <GainOrLossAmt>2525</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2525</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>APPLE COMPUTER INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-09-04</AcquiredDt>
          <SoldDt>2014-09-11</SoldDt>
          <GrossSalesPriceAmt>50604</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>49195</CostOrOtherBasisAmt>
          <GainOrLossAmt>1409</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1409</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHICOS FAS INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-07-01</AcquiredDt>
          <SoldDt>2014-10-01</SoldDt>
          <GrossSalesPriceAmt>43931</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>51538</CostOrOtherBasisAmt>
          <GainOrLossAmt>-7607</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-7607</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TRIANGLE PETE CORP COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-12-10</AcquiredDt>
          <SoldDt>2014-10-01</SoldDt>
          <GrossSalesPriceAmt>53839</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>49955</CostOrOtherBasisAmt>
          <GainOrLossAmt>3884</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3884</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>AMERICAN AIRLS GROUP INC COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-06</AcquiredDt>
          <SoldDt>2014-10-06</SoldDt>
          <GrossSalesPriceAmt>35003</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>26994</CostOrOtherBasisAmt>
          <GainOrLossAmt>8009</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8009</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-09-22</AcquiredDt>
          <SoldDt>2014-10-16</SoldDt>
          <GrossSalesPriceAmt>51112</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>47331</CostOrOtherBasisAmt>
          <GainOrLossAmt>3781</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3781</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>APPLE COMPUTER INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-16</AcquiredDt>
          <SoldDt>2014-10-21</SoldDt>
          <GrossSalesPriceAmt>51224</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>48858</CostOrOtherBasisAmt>
          <GainOrLossAmt>2366</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2366</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-17</AcquiredDt>
          <SoldDt>2014-10-21</SoldDt>
          <GrossSalesPriceAmt>52499</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>50465</CostOrOtherBasisAmt>
          <GainOrLossAmt>2034</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2034</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>APPLE COMPUTER INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-16</AcquiredDt>
          <SoldDt>2014-10-22</SoldDt>
          <GrossSalesPriceAmt>51604</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>48858</CostOrOtherBasisAmt>
          <GainOrLossAmt>2746</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2746</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-17</AcquiredDt>
          <SoldDt>2014-10-22</SoldDt>
          <GrossSalesPriceAmt>53209</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>50465</CostOrOtherBasisAmt>
          <GainOrLossAmt>2744</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2744</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BANCO SANTANDER SA</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-15</AcquiredDt>
          <SoldDt>2014-10-30</SoldDt>
          <GrossSalesPriceAmt>42370</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>46735</CostOrOtherBasisAmt>
          <GainOrLossAmt>-4365</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-4365</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BANCO SANTANDER SA</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-05-13</AcquiredDt>
          <SoldDt>2014-10-30</SoldDt>
          <GrossSalesPriceAmt>898</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1029</CostOrOtherBasisAmt>
          <GainOrLossAmt>-131</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-131</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BANCO SANTANDER SA</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-08-11</AcquiredDt>
          <SoldDt>2014-10-30</SoldDt>
          <GrossSalesPriceAmt>881</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1040</CostOrOtherBasisAmt>
          <GainOrLossAmt>-159</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-159</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-28</AcquiredDt>
          <SoldDt>2014-10-30</SoldDt>
          <GrossSalesPriceAmt>30949</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>29100</CostOrOtherBasisAmt>
          <GainOrLossAmt>1849</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1849</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KITE PHARMACY INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-22</AcquiredDt>
          <SoldDt>2014-10-30</SoldDt>
          <GrossSalesPriceAmt>36179</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>34385</CostOrOtherBasisAmt>
          <GainOrLossAmt>1794</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1794</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-28</AcquiredDt>
          <SoldDt>2014-10-31</SoldDt>
          <GrossSalesPriceAmt>33965</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>29100</CostOrOtherBasisAmt>
          <GainOrLossAmt>4865</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4865</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KITE PHARMACY INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-22</AcquiredDt>
          <SoldDt>2014-10-31</SoldDt>
          <GrossSalesPriceAmt>18181</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17193</CostOrOtherBasisAmt>
          <GainOrLossAmt>988</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>988</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KITE PHARMACY INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-23</AcquiredDt>
          <SoldDt>2014-10-31</SoldDt>
          <GrossSalesPriceAmt>36362</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>34096</CostOrOtherBasisAmt>
          <GainOrLossAmt>2266</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2266</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WESTERN GAS PARTNERS LP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-30</AcquiredDt>
          <SoldDt>2014-11-13</SoldDt>
          <GrossSalesPriceAmt>205816</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>207480</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1664</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1664</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CALL 100 CHICOS FAS INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-11-24</AcquiredDt>
          <SoldDt>2014-07-01</SoldDt>
          <GrossSalesPriceAmt>3184</GrossSalesPriceAmt>
          <GainOrLossAmt>3184</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3184</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MGM RESORTS</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2013-11-05</AcquiredDt>
          <SoldDt>2014-01-07</SoldDt>
          <GrossSalesPriceAmt>44171</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>34222</CostOrOtherBasisAmt>
          <GainOrLossAmt>9949</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>9949</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ORACLE CORP. COMM</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2006-03-22</AcquiredDt>
          <SoldDt>2014-01-22</SoldDt>
          <GrossSalesPriceAmt>95189</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>34870</CostOrOtherBasisAmt>
          <GainOrLossAmt>60319</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>60319</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NEW YORK COMMUNITY BAN CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-02-21</AcquiredDt>
          <SoldDt>2014-02-03</SoldDt>
          <GrossSalesPriceAmt>7842</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6456</CostOrOtherBasisAmt>
          <GainOrLossAmt>1386</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1386</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NEW YORK COMMUNITY BAN CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-02-27</AcquiredDt>
          <SoldDt>2014-02-03</SoldDt>
          <GrossSalesPriceAmt>47051</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>39148</CostOrOtherBasisAmt>
          <GainOrLossAmt>7903</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>7903</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OPKO HEALTH INCORP.</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-03-19</AcquiredDt>
          <SoldDt>2014-02-03</SoldDt>
          <GrossSalesPriceAmt>11530</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7407</CostOrOtherBasisAmt>
          <GainOrLossAmt>4123</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4123</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VODAFONE GROUP PLC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-03-08</AcquiredDt>
          <SoldDt>2014-05-20</SoldDt>
          <GrossSalesPriceAmt>5601</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8215</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2614</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2614</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VODAFONE GROUP PLC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-03-08</AcquiredDt>
          <SoldDt>2014-05-20</SoldDt>
          <GrossSalesPriceAmt>28703</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>42086</CostOrOtherBasisAmt>
          <GainOrLossAmt>-13383</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-13383</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VODAFONE GROUP PLC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-03-08</AcquiredDt>
          <SoldDt>2014-06-04</SoldDt>
          <GrossSalesPriceAmt>8685</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>12785</CostOrOtherBasisAmt>
          <GainOrLossAmt>-4100</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-4100</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHESAPEAKE ENERGY 9.5%</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2009-02-10</AcquiredDt>
          <SoldDt>2014-06-10</SoldDt>
          <GrossSalesPriceAmt>53041</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>50645</CostOrOtherBasisAmt>
          <GainOrLossAmt>2396</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2396</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>RESOURCE CAPITAL CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-03-18</AcquiredDt>
          <SoldDt>2014-06-11</SoldDt>
          <GrossSalesPriceAmt>26241</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>30761</CostOrOtherBasisAmt>
          <GainOrLossAmt>-4520</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-4520</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2010-10-11</AcquiredDt>
          <SoldDt>2014-07-21</SoldDt>
          <GrossSalesPriceAmt>47342</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17020</CostOrOtherBasisAmt>
          <GainOrLossAmt>30322</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>30322</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2010-10-11</AcquiredDt>
          <SoldDt>2014-07-22</SoldDt>
          <GrossSalesPriceAmt>48013</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17010</CostOrOtherBasisAmt>
          <GainOrLossAmt>31003</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>31003</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INCYTE CORP</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2011-11-11</AcquiredDt>
          <SoldDt>2014-07-22</SoldDt>
          <GrossSalesPriceAmt>72020</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>18870</CostOrOtherBasisAmt>
          <GainOrLossAmt>53150</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>53150</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>RESOURCE CAPITAL CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-03-18</AcquiredDt>
          <SoldDt>2014-08-14</SoldDt>
          <GrossSalesPriceAmt>29481</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>37597</CostOrOtherBasisAmt>
          <GainOrLossAmt>-8116</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-8116</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WHITEWAVE FOODS CO COM CL A</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-12-20</AcquiredDt>
          <SoldDt>2014-09-04</SoldDt>
          <GrossSalesPriceAmt>88774</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>38325</CostOrOtherBasisAmt>
          <GainOrLossAmt>50449</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>50449</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ZIONS BANCORP 7.75%</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2009-10-09</AcquiredDt>
          <SoldDt>2014-09-23</SoldDt>
          <GrossSalesPriceAmt>75000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>66730</CostOrOtherBasisAmt>
          <GainOrLossAmt>8270</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8270</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ZIONS BANCORP 7.75%</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2009-10-09</AcquiredDt>
          <SoldDt>2014-09-23</SoldDt>
          <GrossSalesPriceAmt>25000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>22243</CostOrOtherBasisAmt>
          <GainOrLossAmt>2757</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2757</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ACCESS MIDSTREAM PARTNERS LP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-05-16</AcquiredDt>
          <SoldDt>2014-10-01</SoldDt>
          <GrossSalesPriceAmt>31742</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3707</CostOrOtherBasisAmt>
          <GainOrLossAmt>28035</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>28035</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PRIVATE BAN CORP - PFD</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2010-03-03</AcquiredDt>
          <SoldDt>2014-10-08</SoldDt>
          <GrossSalesPriceAmt>12875</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>12827</CostOrOtherBasisAmt>
          <GainOrLossAmt>48</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>48</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PRIVATE BAN CORP - PFD</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2010-03-03</AcquiredDt>
          <SoldDt>2014-10-08</SoldDt>
          <GrossSalesPriceAmt>4625</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4608</CostOrOtherBasisAmt>
          <GainOrLossAmt>17</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>17</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PRIVATE BAN CORP - PFD</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2010-03-08</AcquiredDt>
          <SoldDt>2014-10-08</SoldDt>
          <GrossSalesPriceAmt>7500</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7410</CostOrOtherBasisAmt>
          <GainOrLossAmt>90</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>90</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PRIVATE BAN CORP - PFD</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2010-12-09</AcquiredDt>
          <SoldDt>2014-10-08</SoldDt>
          <GrossSalesPriceAmt>775</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>834</CostOrOtherBasisAmt>
          <GainOrLossAmt>-59</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-59</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>S/T CAPITAL GAIN - REPORTED ON FORM 990T</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-12-01</AcquiredDt>
          <SoldDt>2014-11-30</SoldDt>
          <GainOrLossAmt>-2008</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2008</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>L/T CAPITAL GAIN - REPORTED ON FORM 990T</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-12-01</AcquiredDt>
          <SoldDt>2014-11-30</SoldDt>
          <GainOrLossAmt>-776</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-776</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>L/T CAPITAL GAIN DISTRIBUTIONS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>8525</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8525</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CASH IN LIEU</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>17</GrossSalesPriceAmt>
          <GainOrLossAmt>17</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>17</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>459767</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>0</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>88405</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>2023550</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.043688</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>65215</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>1367586</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.047686</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>67865</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>1513766</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.044832</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>81181</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>1364126</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.059511</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>66795</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>1009191</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.066187</DistributionYr5Rt>
        <TotalDistributionRt>0.261904</TotalDistributionRt>
        <AverageDistributionRt>0.052381</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>2591628</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>135752</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>6370</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>142122</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>115652</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>12740</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>12740</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>12740</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>19000</EstimatedPlusOvpmtIncmTxAmt>
        <AppliedToEsTaxAmt>12200</AppliedToEsTaxAmt>
        <TotalPaymentsAndCreditsAmt>31200</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>151</EsPenaltyAmt>
        <OverpaymentAmt>18309</OverpaymentAmt>
        <AppliedToESTaxAmt>6109</AppliedToESTaxAmt>
        <RefundAmt>12200</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>1</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>1</Form990TFiledInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>STUART A SHIKIAR</IndividualWithBooksNm>
        <PhoneNum>2128886565</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1>30 EAST 85TH ST</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10028</ZIPCode>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>1</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>1</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>0</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>STUART A SHIKIAR</PersonNm>
          <USAddress>
            <AddressLine1>30 EAST 85TH ST 24B</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10028</ZIPCode>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SAMUEL M SHIKIAR</PersonNm>
          <USAddress>
            <AddressLine1>30 EAST 85TH ST 24B</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10028</ZIPCode>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>10000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>NONE</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>2472723</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>158371</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2631094</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2631094</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>39466</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2591628</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>129581</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>129581</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>12740</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>12740</TotalTaxAmt>
        <DistributableBeforeAdjAmt>116841</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>116841</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>116841</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>115652</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>115652</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>115652</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>116841</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>47136</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>115652</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>47136</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>68516</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>48325</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>STUART A SHIKIAR</ContributingManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>STUART A SHIKIAR</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>30 EAST 85TH ST APT 24B</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10028</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNum>2128886565</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>CONTACT THE ABOVE</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>CONTACT THE ABOVE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>CONTACT THE ABOVE</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>AMPLEHARVESTORG INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>24 CLOVER RD</AddressLine1>
            <City>NEWFOUNDLAND</City>
            <State>NJ</State>
            <ZIPCode>07435</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>ANTI DEFAMATION LEAGUE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 96226</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>200906226</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>BARUCH COLLEGE FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>ONE BERNARD BARUCH WAY</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10010</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>25715</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>DALTON SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>108 EAST 89TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10128</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAM AND GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5420</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>HUMAN RIGHTS FIRST</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>333 SEVENTH AVE 13TH FLOOR</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>ISEF FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>135 W 29TH ST SUITE 303</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>JEWISH CHILD CARE ASSOCIATION - EDENWALD CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 140 1075 BROADWAY</AddressLine1>
            <City>PLEASANTVILLE</City>
            <State>NY</State>
            <ZIPCode>10570</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>SAMUEL WAXMAN CANCER RESEARCH FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>420 LEXINGTON AVENUE 825</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10170</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>600</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>ST JUDE CHILDREN'S RESEARCH HOSPITAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>262 DANNY THOMAS PLACE</AddressLine1>
            <City>MEMPHIS</City>
            <State>TN</State>
            <ZIPCode>38105</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>STEPHEN WISE FREE SYNAGOGUE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>30 68TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10023</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>22417</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>STREETSQUASH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>40 WEST 116TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10026</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>THE ACTOR'S FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>729 SEVENTH AVENUE 10TH FLOOR</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10019</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>THE PERLMAN MUSIC PROGRAM INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>19 WEST 69TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10023</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>THE YOUNG MEN'S AND YOUNG WOMEN'S HEBREW ASSN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1395 LEXINGTON AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10128</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>TRUSTEES OF TUFTS COLLEGE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 3306</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>022413306</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>UJA FEDERATION OF NEW YORK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>130 EAST 59TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10022</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>11000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>WF ALBRIGHT INSTITUTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 40151</AddressLine1>
            <City>PHILADELPHIA</City>
            <State>PA</State>
            <ZIPCode>19106</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>WORLD RESOURCES INSTITUTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>10 G STREET NE SUITE 800</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20002</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>THE EDUCATION ALLIANCE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>197 EAST BROADWAY</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10128</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>7450</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>NATIONAL PARKINSON FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>330 S 9TH ST 3RD FLOOR</AddressLine1>
            <City>PHILADELPHIA</City>
            <State>PA</State>
            <ZIPCode>19107</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>THE SASS FOUNDATION FOR MEDICAL RESEARCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1025 NORTHERN BLVD</AddressLine1>
            <City>ROSLYN</City>
            <State>NY</State>
            <ZIPCode>11576</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>GODS LOVE WE DELIVER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>630 FLUSHING AVE</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11206</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>700</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>SOLOMON R GUGGENHEIM FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1071 FIFTH AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10128</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>THE FRICK COLLECTION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1 E 70TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10021</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>THE NEW YORK PUBLIC LIBRARY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5TH AVENUE AT 42ND STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10018</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>THE METROPOLITAN MUSEUM OF ART</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1000 5TH AVE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10028</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1900</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>LEHIGH UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>27 MEMORIAL DRIVE W</AddressLine1>
            <City>BETHLEHEM</City>
            <State>PA</State>
            <ZIPCode>18015</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>CROHN'S &amp; COLITIS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>733 THIRD AVE SUITE 510</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10017</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>MULTIPLE SCLEROSIS RESEARCH CENTER OF NEW YORK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>521 W 57TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10019</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>MISCELLANEOUS ORGANIZED CHARITIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>30 E 85TH STREET 24B</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10028</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>110402</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <BusinessCd>900099</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>2382</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>218306</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <BusinessCd>900099</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>2784</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>452688</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>5166</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>670994</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>676160</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>STUART A SHIKIAR</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1>30 EAST 85TH STREET 24B</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10028</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>41634</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>STUART A SHIKIAR</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1>30 EAST 85TH STREET 24B</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10028</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>95000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>3</ContributorNum>
        <ContributorPersonNm>STUART A SHIKIAR</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1>30 EAST 85TH STREET 24B</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10028</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>70860</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>4</ContributorNum>
        <ContributorPersonNm>STUART A SHIKIAR</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1>30 EAST 85TH STREET 24B</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10028</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>169785</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>1,800 SHARES OF MGM RESORTS INTERNATIONAL</NoncashPropertyDesc>
        <FairMarketValueAmt>41634</FairMarketValueAmt>
        <ReceivedDt>2013-12-27</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>2</ContributorNum>
        <NoncashPropertyDesc>2,500 SHARES OF ORACLE CORPORATION</NoncashPropertyDesc>
        <FairMarketValueAmt>95000</FairMarketValueAmt>
        <ReceivedDt>2013-12-27</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>3</ContributorNum>
        <NoncashPropertyDesc>1,500 SHARES OF INCYTE CORPORATION</NoncashPropertyDesc>
        <FairMarketValueAmt>70860</FairMarketValueAmt>
        <ReceivedDt>2014-07-21</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>4</ContributorNum>
        <NoncashPropertyDesc>3,500 SHARES OF INCYTE CORPORATION</NoncashPropertyDesc>
        <FairMarketValueAmt>169785</FairMarketValueAmt>
        <ReceivedDt>2014-07-23</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING &amp; TAX PREPARATION</CategoryTxt>
        <Amt>13000</Amt>
        <NetInvestmentIncomeAmt>9750</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>ALLEGHENY TECHNOLOGIES 9.375%</BondNm>
        <EOYBookValueAmt>76520</EOYBookValueAmt>
        <EOYFMVAmt>87239</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ATLAS RESOURCE ESCROW CORP</BondNm>
        <EOYBookValueAmt>101750</EOYBookValueAmt>
        <EOYFMVAmt>94000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHESAPEAKE ENERGY 9.5%</BondNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NAVISTAR INTL CORP 8.250%</BondNm>
        <EOYBookValueAmt>195693</EOYBookValueAmt>
        <EOYFMVAmt>206000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ZIONS BANCORP 7.75%</BondNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GASTAR EXPLORATION INC 8.625%</BondNm>
        <EOYBookValueAmt>155250</EOYBookValueAmt>
        <EOYFMVAmt>139500</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PENNEY JC INC FIXED 8.125%</BondNm>
        <EOYBookValueAmt>196225</EOYBookValueAmt>
        <EOYFMVAmt>186500</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PENNEY JC INC 6.875%</BondNm>
        <EOYBookValueAmt>239063</EOYBookValueAmt>
        <EOYFMVAmt>260625</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>ACCESS MIDSTREAM PARTNERS, LP</StockNm>
        <EOYBookValueAmt>45680</EOYBookValueAmt>
        <EOYFMVAmt>156700</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AK STEEL HOLDING CORP</StockNm>
        <EOYBookValueAmt>111605</EOYBookValueAmt>
        <EOYFMVAmt>79920</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN AIRLS GROUP INC</StockNm>
        <EOYBookValueAmt>35916</EOYBookValueAmt>
        <EOYFMVAmt>60663</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANCO SANTANDER SA</StockNm>
        <EOYBookValueAmt>976</EOYBookValueAmt>
        <EOYFMVAmt>1006</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GASTAR EXPLORATION INC</StockNm>
        <EOYBookValueAmt>113789</EOYBookValueAmt>
        <EOYFMVAmt>59000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MEDLEY CAP CORP COM</StockNm>
        <EOYBookValueAmt>155082</EOYBookValueAmt>
        <EOYFMVAmt>111600</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MEMORIAL PRODUCTION PARTNERS LP</StockNm>
        <EOYBookValueAmt>150832</EOYBookValueAmt>
        <EOYFMVAmt>103200</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY</StockNm>
        <EOYBookValueAmt>39162</EOYBookValueAmt>
        <EOYFMVAmt>75660</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEW CASTLE</StockNm>
        <EOYBookValueAmt>113063</EOYBookValueAmt>
        <EOYFMVAmt>30688</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEW MEDIA INVESTMENT GROUP INC</StockNm>
        <EOYBookValueAmt>141354</EOYBookValueAmt>
        <EOYFMVAmt>203200</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEW SR INVT GROUP INC</StockNm>
        <EOYBookValueAmt>112625</EOYBookValueAmt>
        <EOYFMVAmt>110250</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEW YORK COMMUNITY BAN CORP</StockNm>
        <EOYBookValueAmt>88849</EOYBookValueAmt>
        <EOYFMVAmt>103285</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEWS CORP NEW CL B</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHSTAR RLTY FIN CORP PFD</StockNm>
        <EOYBookValueAmt>35978</EOYBookValueAmt>
        <EOYFMVAmt>35798</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OPKO HEALTH INCORP</StockNm>
        <EOYBookValueAmt>24689</EOYBookValueAmt>
        <EOYFMVAmt>41900</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PRIVATE BAN CORP</StockNm>
        <EOYBookValueAmt>26085</EOYBookValueAmt>
        <EOYFMVAmt>25921</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RESOURCE CAP CORP COM</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SANDRIDGE ENERGY INC COM</StockNm>
        <EOYBookValueAmt>104125</EOYBookValueAmt>
        <EOYFMVAmt>79500</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STAG INDL INC 9% PFD</StockNm>
        <EOYBookValueAmt>30736</EOYBookValueAmt>
        <EOYFMVAmt>30580</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TRIANGLE PETE CORP COM</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VIROPHARMA INC COM</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VODAPHONE GROUP PLC</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WHITEWAVE FOODS CO COM</StockNm>
        <EOYBookValueAmt>23115</EOYBookValueAmt>
        <EOYFMVAmt>54945</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Description>FMV OF CONTRIBUTED SECURITIES IN EXCESS OF DONOR'S BASIS</Description>
        <Amount>183092</Amount>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>NEW YORK ANNUAL REGISTRATION</Desc>
        <RevenueAndExpensesPerBooksAmt>250</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>250</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>40</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT ADVISORY FEES</CategoryTxt>
        <Amt>26357</Amt>
        <NetInvestmentIncomeAmt>25898</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX WITHHELD</CategoryTxt>
        <Amt>56</Amt>
        <NetInvestmentIncomeAmt>56</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>NYS UBI TAX</CategoryTxt>
        <Amt>250</Amt>
        <NetInvestmentIncomeAmt>250</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX ON NET INVSTMNT INC</CategoryTxt>
        <Amt>11574</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>