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

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

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
APOLLO RESIDENTIAL MTG INC COM 03763V102 15,443 1,152,442 SH   SOLE 0 1,152,442 0 0
ATLANTIC PWR CORP COM NEW 04878Q863 15,725 6,340,613 SH   SOLE 0 6,340,613 0 0
BRIDGEPOINT ED INC COM 10807M105 14,974 2,068,276 SH   SOLE 0 2,068,276 0 0
CALAMOS ASSET MGMT INC CL A 12811R104 7,728 1,057,192 SH   SOLE 0 1,057,192 0 0
CAREER EDUCATION CORP COM 141665109 19,431 3,265,779 SH   SOLE 0 3,265,779 0 0
CHERRY HILL MTG INVT CORP COM 164651101 5,799 372,424 SH   SOLE 0 372,424 0 0
ECHOSTAR CORP CL A 278768106 53,917 1,358,118 SH   SOLE 0 1,358,118 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 14,292 490,635 SH   SOLE 0 490,635 0 0
FIFTH STR ASSET MGMT INC CL A COM 31679P109 2,815 696,738 SH   SOLE 0 696,738 0 0
FIFTH STREET FINANCE CORP COM 31678A103 6,595 1,359,757 SH   SOLE 0 1,359,757 0 0
FIFTH STR SR FLOATNG RATE CO COM 31679F101 8,069 1,013,753 SH   SOLE 0 1,013,753 0 0
ICONIX BRAND GROUP INC NOTE 1.500% 3/1 451055AF4 8,929 11,000 PRN   SOLE 0 11,000 0 0
INTEROIL CORP COM 460951106 8,347 185,481 SH   SOLE 0 185,481 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 28,982 2,117,007 SH   SOLE 0 2,117,007 0 0
MEDLEY CAP CORP COM 58503F106 2,541 379,264 SH   SOLE 0 379,264 0 0
MEDLEY MGMT INC COM 58503T106 3,870 658,178 SH   SOLE 0 658,178 0 0
NL INDS INC COM NEW 629156407 585 227,552 SH   SOLE 0 227,552 0 0
RPX CORP COM 74972G103 32,381 3,531,162 SH   SOLE 0 3,531,162 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 7,570 149,449 SH   SOLE 0 149,449 0 0
SAREPTA THERAPEUTICS INC COM 803607100 9,392 492,500 SH   SOLE 0 492,500 0 0
STEEL PARTNERS HLDGS L P LTD PRTRSHIP U 85814R107 6,200 422,888 SH   SOLE 0 422,888 0 0
SUNCOKE ENERGY INC COM 86722A103 44,392 7,627,496 SH   SOLE 0 7,627,496 0 0
TESLA MTRS INC NOTE 1.500% 6/0 88160RAA9 14,931 8,800 PRN   SOLE 0 8,800 0 0
WESTMORELAND COAL CO COM 960878106 18,037 1,894,608 SH   SOLE 0 1,894,608 0 0
WINTHROP RLTY TR SH BEN INT NEW 976391300 450 51,219 SH   SOLE 0 51,219 0 0
ANWORTH MORTGAGE ASSET CP COM 037347101 4,733 1,007,005 SH   SOLE 0 1,007,005 0 0
ASTA FDG INC COM 046220109 42,340 4,005,701 SH   SOLE 0 4,005,701 0 0
OM ASSET MGMT PLC SHS G67506108 2,967 222,277 SH   SOLE 0 222,277 0 0