The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M Company COM 88579y101 261 1,820 SH   SOLE   0 0 1,820
Alliqua, Inc. COM 019621101 115 20,820 SH   SOLE   0 0 20,820
Altria Group Inc. COM 02209s103 2,478 59,094 SH   SOLE   0 0 59,094
Apple Inc. COM 037833100 439 4,722 SH   SOLE   0 0 4,722
AT&T Inc. COM 00206R102 349 9,874 SH   SOLE   0 0 9,874
Autonation Inc. Com COM 05329W102 22,711 380,552 SH   SOLE   0 0 380,552
Bank of America Corp COM 060505104 389 25,286 SH   SOLE   0 0 25,286
Berkshire Hath Hld B COM 846707024 753 5,950 SH   SOLE   0 0 5,950
Berkshire Hathawy Cla A COM 084990175 2,279 1,200 SH   SOLE   0 0 1,200
Biomarin Pharmaceutica Com COM 09061G101 2,507 40,300 SH   SOLE   0 0 40,300
California Republic Bank COM 130569106 644 22,500 SH   SOLE   0 0 22,500
Charter Financial Corporation COM 16122w108 111 10,000 SH   SOLE   0 0 10,000
Chevron Corp COM 166764100 2,479 18,989 SH   SOLE   0 0 18,989
Chipotle Mex Grill COM 169656105 1,187 2,003 SH   SOLE   0 0 2,003
Comcast Corp COM 20030N101 993 18,496 SH   SOLE   0 0 18,496
Comcast Corp New Cl A Spl COM 20030N200 12,257 229,826 SH   SOLE   0 0 229,826
Cyalume Tech Hldgs COM 232429100 30 300,000 SH   SOLE   0 0 300,000
Dominion Res Inc. New Va COM 25746u109 365 5,100 SH   SOLE   0 0 5,100
Du Pont E I De Nemours COM 263534109 427 6,519 SH   SOLE   0 0 6,519
Duke Energy Corp New COM 26441c204 2,235 30,127 SH   SOLE   0 0 30,127
Exxon Mobil Corp COM 30231G102 2,201 21,857 SH   SOLE   0 0 21,857
Facebook, Inc. COM 30303m102 680 10,102 SH   SOLE   0 0 10,102
Fifth Street Senior Floating R COM XXXXXXXXX 254 18,100 SH   SOLE   0 0 18,100
General Electric COM 369604103 771 29,327 SH   SOLE   0 0 29,327
Globus Medical, Inc COM 379577208 16,340 683,122 SH   SOLE   0 0 683,122
Home Depot Inc. COM 437076102 256 3,166 SH   SOLE   0 0 3,166
International Dispensing Corp COM 459407102 21 49,500 SH   SOLE   0 0 49,500
Johnson And Johnson Com COM 478160104 681 6,514 SH   SOLE   0 0 6,514
JP Morgan Chase & Co COM 46625H100 3,058 53,065 SH   SOLE   0 0 53,065
Kingsway Financial Services In COM 496904202 241 38,500 SH   SOLE   0 0 38,500
Kohlberg Kravis Roberts & Co COM XXXXXXXXX 560 23,000 SH   SOLE   0 0 23,000
Kraft Foods Group Inc COM 50076q106 574 9,581 SH   SOLE   0 0 9,581
Malvern Bancorp, Inc. COM 561409103 147 14,000 SH   SOLE   0 0 14,000
McDonald's Corp. COM 580135101 330 3,273 SH   SOLE   0 0 3,273
MELA Sciences, Inc COM 55277R100 4 13,513 SH   SOLE   0 0 13,513
Merck & Co Inc. COM 58933y105 418 7,233 SH   SOLE   0 0 7,233
Metlife Inc. Com COM 59156r108 432 7,783 SH   SOLE   0 0 7,783
Microsoft Corp COM 594918104 408 9,794 SH   SOLE   0 0 9,794
Mondelez International, Inc. COM 609207105 1,082 28,773 SH   SOLE   0 0 28,773
NESTLE S A REG ADR COM 641069406 388 5,000 SH   SOLE   0 0 5,000
New Media Investment Group Inc COM XXXXXXXXX 437 31,000 SH   SOLE   0 0 31,000
Newcastle Investment Corp COM XXXXXXXXX 551 115,000 SH   SOLE   0 0 115,000
NextEra Energy, Inc. COM 302571104 6,606 64,463 SH   SOLE   0 0 64,463
Northstar Realty Fin Cp COM 66704r100 695 40,000 SH   SOLE   0 0 40,000
OFS Capital Corporation COM XXXXXXXXX 297 22,881 SH   SOLE   0 0 22,881
Pennsylvania Rl Est Tr Sh Ben COM 709102107 2,729 145,000 SH   SOLE   0 0 145,000
Pfizer Inc. COM 717081103 202 6,804 SH   SOLE   0 0 6,804
Philip Morris Intl Inc. COM 718172109 4,448 52,754 SH   SOLE   0 0 52,754
Procter & Gamble Co COM 742718109 507 6,454 SH   SOLE   0 0 6,454
Raytheon Co Delaware New COM 755111507 231 2,500 SH   SOLE   0 0 2,500
Redwood Trust Inc. Reit COM 758075402 584 30,000 SH   SOLE   0 0 30,000
Republic Services Inc. COM 760759100 2,774 73,062 SH   SOLE   0 0 73,062
Rubicon Technology, Inc COM 78112T107 726 83,000 SH   SOLE   0 0 83,000
Santander Consumer USA COM 80283M101 1,944 100,000 SH   SOLE   0 0 100,000
Schlumberger LTD COM 806857108 436 3,700 SH   SOLE   0 0 3,700
Skinny Nutritional Corp COM 830695102 0 50,200 SH   SOLE   0 0 50,200
SPDR Tr Unit Ser 1 COM 78462F103 3,668 18,739 SH   SOLE   0 0 18,739
Spectra Energy Corp COM 847560109 2,054 48,353 SH   SOLE   0 0 48,353
Sun Bancorp Inc NJ COM 86663B102 305 76,025 SH   SOLE   0 0 76,025
Swisher Hygiene, Inc. COM 870808102 43 100,000 SH   SOLE   0 0 100,000
Team Health Holdings, Inc. COM 87817a107 1,171 23,451 SH   SOLE   0 0 23,451
The Blackstone Group L.P. COM 09253U108 1,592 47,620 SH   SOLE   0 0 47,620
Time Warner Inc. New COM XXXXXXXXX 218 3,100 SH   SOLE   0 0 3,100
Travelers Cos Inc. COM 89417e109 207 2,200 SH   SOLE   0 0 2,200
Union Pacific Corp COM 907818108 211 2,114 SH   SOLE   0 0 2,114
United Parcel Svc Cl B COM 911312106 267 2,600 SH   SOLE   0 0 2,600
Verizon Communications Inc. COM 92343v104 1,361 27,813 SH   SOLE   0 0 27,813
Vodafone Group PLC ADR COM 92857w209 2,135 63,946 SH   SOLE   0 0 63,946
Wal-Mart Stores Inc. COM 931142103 411 5,476 SH   SOLE   0 0 5,476
Waste Management Inc. COM 94106L109 203 4,528 SH   SOLE   0 0 4,528
Wells Fargo Company COM 949746101 4,906 93,335 SH   SOLE   0 0 93,335
Windstream Holdings Inc COM 97382a101 237 23,831 SH   SOLE   0 0 23,831
Wisconsin Energy Corp COM 976657106 203 4,327 SH   SOLE   0 0 4,327