| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| NON-LINEAR ION DYNAMICS LLC | AT COST | 17,939 | 17,939 |
| NORTHSTAR REALTY FIN CP - 111 SHRS | AT COST | 27 | 1,682 |
| AMERICAN CAPITAL MGMT REIT - 1000 SHRS | AT COST | ||
| US NATL GAS PTP 100 UNITS | AT COST | 1,245 | 934 |
| TWO HARBORS INVESTMENT TWO 2000 SHARES | AT COST | 20,489 | 17,440 |
| NORTHSTAR REALTY EUR 37 SHARES | AT COST | 465 |