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
1 800 FLOWERS COM CL A 68243Q106 1,554 287,249 SH   SOLE   287,249 0 0
ADVANCED EMISSIONS SOLUTS INC COM 00770C101 13,471 248,405 SH   SOLE   248,405 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 1,634 32,000 SH   SOLE   32,000 0 0
CARRIAGE SVCS INC COM 143905107 5,168 264,617 SH   SOLE   264,617 0 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 2,932 59,144 SH   SOLE   59,144 0 0
CIT GROUP INC COM NEW 125581801 5,051 96,900 SH   SOLE   96,900 0 0
COLE REAL ESTATE INVTS INC COM 19329V105 24,929 1,775,591 SH   SOLE   1,775,591 0 0
ENPRO INDS INC COM 29355X107 7,798 135,268 SH   SOLE   135,268 0 0
GAIN CAP HLDGS INC NOTE 4.125% 12/01/18 36268WAA8 5,118 5,500,000 PRN   SOLE   5,500,000 0 0
GAIN CAP HLDGS INC COM 36268W100 1,198 159,510 SH   SOLE   159,510 0 0
GREAT LAKE DREDGE & DOCK CO COM 390607109 11,725 1,274,409 SH   SOLE   1,274,409 0 0
LEHIGH GAS PARTNERS LP UT LTD PTN INT 524814100 7,872 275,253 SH   SOLE   275,253 0 0
LENNAR CORP CL B 526057302 4,924 146,040 SH   SOLE   146,040 0 0
MAC-GRAY CORP COM 554153106 28,408 1,338,127 SH   SOLE   1,338,127 0 0
MACQUARIE INFRASTRA CO LLC MEMBERSHIP INT 55608B105 19,741 362,688 SH   SOLE   362,688 0 0
MEDALLION FINL CORP COM 583928106 7,579 528,182 SH   SOLE   528,182 0 0
MGIC INVT CORP WIS COM 552848103 2,848 337,463 SH   SOLE   337,463 0 0
NACCO INDS INC CL A 629579103 3,928 63,156 SH   SOLE   63,156 0 0
PEOPLES FED BANCSHARES INC COM 711037101 2,529 142,564 SH   SOLE   142,564 0 0
QUALITY DISTR INC FLA COM 74756M102 6,147 479,126 SH   SOLE   479,126 0 0
STARWOOD PPTY TR INC COM 85571B105 20,990 757,755 SH   SOLE   757,755 0 0
STRAIGHT PATH COMMUNICATNS I CL B 862578101 752 91,863 SH   SOLE   91,863 0 0
SUNCOKE ENERGY INC COM 86722A103 3,462 151,779 SH   SOLE   151,779 0 0
SUNCOKE ENERGY PARTNERS L P COMUNIT REP LT 86722Y101 5,014 185,000 SH   SOLE   185,000 0 0
SUSSER PETE PARTNERS LP COM U REP LP 869239103 13,762 415,785 SH   SOLE   415,785 0 0
TARO PHARMACEUTICAL INDS LTD SHS M8737E108 8,222 83,132 SH   SOLE   83,132 0 0
ULTRAPETROL BAHAMAS LTD COM P94398107 1,156 309,189 SH   SOLE   309,189 0 0
VERASTEM INC COM 92337C104 188 16,500 SH   SOLE   16,500 0 0