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
Abbott Common 002824100 9,287 230,915 SH   SOLE   230,915 0 0
Abbvie Common 00287Y109 12,672 232,915 SH   SOLE   232,915 0 0
AES Pfd 6.75% 00808N202 2,302 46,400 SH   SOLE   46,400 0 0
Allstate Common 020002101 19,440 333,800 SH   SOLE   333,800 0 0
Amerco Common 023586100 86,903 220,865 SH   SOLE   220,865 0 0
Agenus Common 00847G705 1,074 233,515 SH   SOLE   233,515 0 0
Ashland Common 044209104 2,515 25,000 SH   SOLE   25,000 0 0
Avista Common 05379B107 7,481 225,000 SH   SOLE   225,000 0 0
Sandridge Energy Common 80007P307 72 182,168 SH   SOLE   182,168 0 0
Sandridge Energy Pfd 8.5% 80007P604 400 50,000 SH   SOLE   50,000 0 0
Calpine Common 131347304 4,304 294,849 SH   SOLE   294,849 0 0
CMS Energy Common 125896100 11,584 328,000 SH   SOLE   328,000 0 0
Bunge Common G16962105 7,330 100,000 SH   SOLE   100,000 0 0
Bunge Pfd 4.875% 032549322 3,670 37,400 SH   SOLE   37,400 0 0
DeCode Genetics Cv 3.5% 243586AB0 62 24,787,000 PRN   SOLE   24,787,000 0 0
Diamond Foods Common 252603105 9,967 323,000 SH   SOLE   323,000 0 0
Duke Energy Common 26441C204 16,208 225,300 SH   SOLE   225,300 0 0
Durect Common 266605104 1,489 763,609 SH   SOLE   763,609 0 0
Edap Common 268311107 7,521 1,345,494 SH   SOLE   1,345,494 0 0
Ennis Common 293389102 3,173 182,800 SH   SOLE   182,800 0 0
Exelexis Cv 4.25% 30161QAC8 1,221 1,000,000 PRN   SOLE   1,000,000 0 0
Exxon Common 30231G102 385 5,184 SH   SOLE   5,184 0 0
Flotek Common 343389102 11,929 714,335 SH   SOLE   714,335 0 0
Fluidigm Cv 2.75% 34385PAA6 3,675 5,009,000 PRN   SOLE   5,009,000 0 0
Nextera Energy Common 302571104 12,242 125,500 SH   SOLE   125,500 0 0
Gainsco Common 363127200 3,303 246,541 SH   SOLE   246,541 0 0
Gevo Cv 7.5% 374396AA7 1,036 2,000,000 PRN   SOLE   2,000,000 0 0
IBM Common 459200101 23,267 160,500 SH   SOLE   160,500 0 0
WEC Energy Common 976657106 1,266 24,252 SH   SOLE   24,252 0 0
Actua Common 46059C205 1,646 140,000 SH   SOLE   140,000 0 0
Intrepid Potash Common 46121Y102 831 150,000 SH   SOLE   150,000 0 0
Kinross Common 496902404 593 344,848 SH   SOLE   344,848 0 0
Kellogg Common 487836108 295 4,436 SH   SOLE   4,436 0 0
Mannkind Cv 5.75% 56400PAM4 24,921 27,690,000 PRN   SOLE   29,885,000 0 0
Merck Common 589331107 12,811 259,400 SH   SOLE   259,400 0 0
Titan Wheel Common 88830m102 1,983 300,000 SH   SOLE   300,000 0 0
Titan Wheel Cv 5.625% 888305aa7 1,010 1,000,000 SH   SOLE   1,000,000 0 0
Omega Protein Common 68210P107 5,786 341,000 SH   SOLE   341,000 0 0
Perrigo Common BGH1M56 1,561 9,926 SH   SOLE   9,926 0 0
Petroquest Pfd 6.875% 716748207 5,278 223,000 SH   SOLE   223,000 0 0
Pfizer Common 717081103 14,301 455,332 SH   SOLE   455,332 0 0
Pepco Holding Common 713291102 1,474 60,900 SH   SOLE   60,900 0 0
Pernix Cv 4.25% 71426VAH1 1,402 2,000,000 PRN   SOLE   2,000,000 0 0
Phoenix Cos. Common 71902E604 8,391 254,352 SH   SOLE   254,352 0 0
RLI Common 749607107 6,290 117,520 SH   SOLE   117,520 0 0
Solitario Common 8342EP107 114 254,040 SH   SOLE   254,040 0 0
Supernus Common 868459108 5,535 394,581 SH   SOLE   394,581 0 0
Supernus Cv 7.5% 868459AA6 4,155 1,500,000 PRN   SOLE   1,500,000 0 0
Synergy Cv 7.5% 871639AA8 2,565 1,500,000 PRN   SOLE   1,500,000 0 0
US Ecology Common 91732J102 1,104 25,300 SH   SOLE   25,300 0 0
Astrotech Common 846243400 2,215 1,070,073 SH   SOLE   1,070,073 0 0
XM Sirius Common 82968B103 8,125 2,172,548 SH   SOLE   2,172,548 0 0
XEL Energy Common 98389B100 8,714 246,111 SH   SOLE   246,111 0 0
XTNT Cv 6% 05644RAA9 2,000 2,000,000 PRN   SOLE   2,000,000 0 0