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
AK Steel COM 001547108 8,385 1,500 SH   SOLE 0 1,500 0 0
Alliance One International COM 018772103 2,180 200 SH   SOLE 0 200 0 0
American Express Company COM 025816109 1,489,695 16,468 SH   SOLE 0 16,468 0 0
Apollo Global COM 037612306 19,114 635 SH   SOLE 0 635 0 0
Apple COM 037833100 2,683,479 17,412 SH   SOLE 0 17,412 0 0
Astoria Financial COM 046265104 622,103 28,935 SH   SOLE 0 28,935 0 0
BB&T Corporation COM 054937107 67,734 1,443 SH   SOLE 0 1,443 0 0
Bank of America COM 060505104 1,029,108 40,612 SH   SOLE 0 40,612 0 0
Bank of America COM 060505153 168,468 215,625 SH   SOLE 0 215,625 0 0
Bank of America CONV PREF 060505682 37,743 29 SH   SOLE 0 29 0 0
Bank of America COM 060506146 238,320 18,000 SH   SOLE 0 18,000 0 0
Barnes & Noble Inc. COM 067774109 884,963 116,442 SH   SOLE 0 116,442 0 0
Berkshire Hills Bancorp COM 084680107 201,461 5,199 SH   SOLE 0 5,199 0 0
Boardwalk Pipeline Partners COM 096627104 2,940 200 SH   SOLE 0 200 0 0
Boeing COM 097023105 4,431,389 17,432 SH   SOLE 0 17,432 0 0
Caterpillar Inc COM 149123101 2,066,320 16,569 SH   SOLE 0 16,569 0 0
Central Valley Community Bancorp COM 155685100 556,207 24,942 SH   SOLE 0 24,942 0 0
Chesapeake Energy COM 165167107 9,486 2,206 SH   SOLE 0 2,206 0 0
Chesapeake Energy CONV PREF 165167768 1,958,670 3,109 SH   SOLE 0 3,109 0 0
Chevron Corporation COM 166764100 2,555,068 21,745 SH   SOLE 0 21,745 0 0
Choiceone Financial Services COM 170386106 14,194 604 SH   SOLE 0 604 0 0
Citigroup Inc COM 172967226 190,430 1,653,040 SH   SOLE 0 1,653,040 0 0
Citigroup COM 172967424 761,151 10,464 SH   SOLE 0 10,464 0 0
Citizens Financial Group COM 174610105 618,606 16,335 SH   SOLE 0 16,335 0 0
Citizens Community Bancorp COM 174903104 1,214,403 87,054 SH   SOLE 0 87,054 0 0
Civista Bancshares COM 178867107 1,527,632 68,381 SH   SOLE 0 68,381 0 0
Coca-Cola COM 191216100 802,798 17,836 SH   SOLE 0 17,836 0 0
Codorus Bancorp COM 192025104 1,189,596 38,736 SH   SOLE 0 38,736 0 0
Walt Disney COM 254687106 1,685,151 17,096 SH   SOLE 0 17,096 0 0
El Pollo Loco Holdings COM 268603107 830,817 68,380 SH   SOLE 0 68,380 0 0
Enterprise Products Partners COM 293792107 3,141,904 120,518 SH   SOLE 0 120,518 0 0
EZCORP COM 302301106 47,168 4,965 SH   SOLE 0 4,965 0 0
F.N.B. Corporation COM 302520101 118,469 8,444 SH   SOLE 0 8,444 0 0
Federal Agricultural Mortgage COM 313148306 29,096 400 SH   SOLE 0 400 0 0
Freddie Mac P PREF STK 313400640 815,650 148,300 SH   SOLE 0 148,300 0 0
Fannie Mae PREF STK 313586752 13,940 2,000 SH   SOLE 0 2,000 0 0
Fifth Third Bancorp COM 316773100 315,475 11,275 SH   SOLE 0 11,275 0 0
First Bancorp COM 318910106 393,300 11,430 SH   SOLE 0 11,430 0 0
First Bancshares COM 318916103 1,673,054 55,491 SH   SOLE 0 55,491 0 0
First Commonwealth Financial COM 319829107 318,462 22,538 SH   SOLE 0 22,538 0 0
First Community Corp COM 319835104 1,257,471 61,490 SH   SOLE 0 61,490 0 0
Ford COM 345370860 58,989 4,928 SH   SOLE 0 4,928 0 0
FreightCar America COM 357023100 723,661 36,997 SH   SOLE 0 36,997 0 0
General Electric COM 369604103 830,010 34,326 SH   SOLE 0 34,326 0 0
Genesis Energy COM 371927104 2,627,069 99,699 SH   SOLE 0 99,699 0 0
Haverty Furniture Company COM 419596101 1,086,663 41,555 SH   SOLE 0 41,555 0 0
Hawaiian Holdings COM 419879101 113,777 3,030 SH   SOLE 0 3,030 0 0
Hawthorn Bancshares COM 420476103 415,428 20,069 SH   SOLE 0 20,069 0 0
Holly Energy Partners COM 435763107 2,706,769 81,041 SH   SOLE 0 81,041 0 0
Home Depot COM 437076102 2,821,410 17,250 SH   SOLE 0 17,250 0 0
Honeywell International COM 438516106 70,870 500 SH   SOLE 0 500 0 0
HopFed Bancorp COM 439734104 314,386 21,682 SH   SOLE 0 21,682 0 0
Huntington Bancshares COM 446150104 5,683 407 SH   SOLE 0 407 0 0
Independent Bank Corp COM 453838609 1,138,656 50,272 SH   SOLE 0 50,272 0 0
Intel Corporation COM 458140100 706,612 18,556 SH   SOLE 0 18,556 0 0
International Business Machines COM 459200101 2,402,235 16,558 SH   SOLE 0 16,558 0 0
iShares Barclays TIPS Bond COM 464287176 161,098 1,418 SH   SOLE 0 1,418 0 0
iShares MSCI Emerging Markets Index COM 464287234 341,228 7,615 SH   SOLE 0 7,615 0 0
iShares MSCI EAFE Index Fund COM 464287465 1,635,439 23,882 SH   SOLE 0 23,882 0 0
iShares Russell Midcap Index COM 464287499 40,773 207 SH   SOLE 0 207 0 0
iShares Core S&P MidCap 400 Index COM 464287507 76,276 426 SH   SOLE 0 426 0 0
iShares DJ US Financial Sector COM 464287788 535,261 4,774 SH   SOLE 0 4,774 0 0
Johnson & Johnson COM 478160104 2,441,068 18,776 SH   SOLE 0 18,776 0 0
Lannett Company COM 516012101 809,715 43,887 SH   SOLE 0 43,887 0 0
MDC Holdings COM 552676108 1,005,167 30,267 SH   SOLE 0 30,267 0 0
MVB Financial Corp COM 553810102 775,914 41,272 SH   SOLE 0 41,272 0 0
Magellan Midstream Partners COM 559080106 5,820,383 81,908 SH   SOLE 0 81,908 0 0
McDermott International COM 580037109 1,109,860 152,663 SH   SOLE 0 152,663 0 0
McDonald's COM 580135101 2,772,609 17,696 SH   SOLE 0 17,696 0 0
Microsoft Corporation COM 594918104 1,417,634 19,031 SH   SOLE 0 19,031 0 0
MidWest One Financial COM 598511103 345,331 10,229 SH   SOLE 0 10,229 0 0
NMI Holdings COM 629209305 1,723,414 138,985 SH   SOLE 0 138,985 0 0
Nike COM 654106103 853,918 16,469 SH   SOLE 0 16,469 0 0
Oaktree Capital Group COM 674001201 48,226 1,025 SH   SOLE 0 1,025 0 0
Old National Bancorp COM 680033107 1,357,984 74,207 SH   SOLE 0 74,207 0 0
Olin Corp COM 680665205 23,994 701 SH   SOLE 0 701 0 0
ONEOK COM 682680103 4,620,313 83,384 SH   SOLE 0 83,384 0 0
Opus Bank COM 684000102 830,400 34,600 SH   SOLE 0 34,600 0 0
Parke Bancorp COM 700885106 1,023,997 46,126 SH   SOLE 0 46,126 0 0
Peoples Bancorp of NC COM 710577107 1,381,023 38,771 SH   SOLE 0 38,771 0 0
PetroQuest Energy COM 716748108 5,725 2,500 SH   SOLE 0 2,500 0 0
PetroQuest Energy CONV PREF 716748207 1,091,094 64,182 SH   SOLE 0 64,182 0 0
Pfizer COM 717081103 795,717 22,289 SH   SOLE 0 22,289 0 0
Phillips 66 Partners COM 718549207 2,823,818 53,726 SH   SOLE 0 53,726 0 0
Pioneer Energy Services COM 723664108 2,678 1,050 SH   SOLE 0 1,050 0 0
Plains All American Pipeline COM 726503105 251,504 11,869 SH   SOLE 0 11,869 0 0
Procter & Gamble COM 742718109 1,647,102 18,104 SH   SOLE 0 18,104 0 0
RAIT Financial Trust COM 749227609 40,004 54,800 SH   SOLE 0 54,800 0 0
Rice Midstream Partners COM 762819100 4,476,113 213,759 SH   SOLE 0 213,759 0 0
A Schulmann CONV PREF 808194302 2,784,852 3,117 SH   SOLE 0 3,117 0 0
Schwab Short-Term U.S. Treasury COM 808524862 114,807 2,278 SH   SOLE 0 2,278 0 0
Shell Midstream Partners COM 822634101 2,229,204 80,072 SH   SOLE 0 80,072 0 0
Southern National Bancorp of Virginia COM 843395104 1,587,076 93,412 SH   SOLE 0 93,412 0 0
Southwestern Energy Company COM 845467109 6,110 1,000 SH   SOLE 0 1,000 0 0
SunPower COM 867652406 1,720 236 SH   SOLE 0 236 0 0
SunTrust Banks COM 867914103 597,278 9,993 SH   SOLE 0 9,993 0 0
Superior Industries COM 868168105 877,183 52,684 SH   SOLE 0 52,684 0 0
Timberland Bancorp COM 887098101 31,340 1,000 SH   SOLE 0 1,000 0 0
Toll Brothers COM 889478103 8,294 200 SH   SOLE 0 200 0 0
Triumph Group COM 896818101 1,108,783 37,270 SH   SOLE 0 37,270 0 0
Umpqua Holdings COM 904214103 19,510 1,000 SH   SOLE 0 1,000 0 0
Unisys Corp COM 909214306 522,495 61,470 SH   SOLE 0 61,470 0 0
United Bancshares COM 909458101 1,053,595 46,826 SH   SOLE 0 46,826 0 0
United Technologies COM 913017109 1,906,846 16,427 SH   SOLE 0 16,427 0 0
Wal-Mart Stores COM 931142103 1,332,053 17,047 SH   SOLE 0 17,047 0 0
Webco Industries COM 947621207 7,900 100 SH   SOLE 0 100 0 0
Williams Companies COM 969457100 2,433,758 81,098 SH   SOLE 0 81,098 0 0
Zions Bancorp COM 989701107 695,716 14,746 SH   SOLE 0 14,746 0 0
Zions Bancorp COM 989701115 340,616 22,438 SH   SOLE 0 22,438 0 0
Travelers Companies COM 89417e109 2,025,256 16,530 SH   SOLE 0 16,530 0 0
A T & T COM 00206r102 190,915 4,874 SH   SOLE 0 4,874 0 0
Aceto Corp CONV BOND 004446AD2 1,927,716 2,165,000 PRN   SOLE 0 2,165,000 0 0
Alaska Communications COM 01167p101 1,329,675 585,760 SH   SOLE 0 585,760 0 0
Alaska Communications CONV BOND 01167pae1 4,038,500 3,940,000 PRN   SOLE 0 3,940,000 0 0
Alliance Holdings COM 01861g100 4,174,337 150,102 SH   SOLE 0 150,102 0 0
Alliance Resource Partners COM 01877r108 63,855 3,300 SH   SOLE 0 3,300 0 0
Altria Group COM 02209s103 54,199 855 SH   SOLE 0 855 0 0
American Airlines Group COM 02376R102 670,891 14,127 SH   SOLE 0 14,127 0 0
AmeriServ Financial COM 03074a102 747,090 186,773 SH   SOLE 0 186,773 0 0
Andeavor Logistics COM 03350f106 2,201,389 43,975 SH   SOLE 0 43,975 0 0
Antero Midstream COM 03673l103 3,185,129 101,019 SH   SOLE 0 101,019 0 0
Arcbest Corp COM 03937c105 1,062,287 31,757 SH   SOLE 0 31,757 0 0
Archrock Partners COM 03957u100 1,486,648 104,253 SH   SOLE 0 104,253 0 0
Atlas Air Worldwide Holdings CONV BOND 049164BH8 2,158,708 1,805,000 PRN   SOLE 0 1,805,000 0 0
BOK Financial COM 05561q201 27,625 310 SH   SOLE 0 310 0 0
Banc of California COM 05990k106 4,106,918 197,924 SH   SOLE 0 197,924 0 0
Blackstone Group COM 09253u108 75,083 2,250 SH   SOLE 0 2,250 0 0
Broadsoft Inc CONV BOND 11133BAB8 2,348,270 1,880,000 PRN   SOLE 0 1,880,000 0 0
Cenveo COM 15670s105 53,665 15,555 SH   SOLE 0 15,555 0 0
Chesapeake Energy Corp CONV BOND 165167CR6 917,500 1,000,000 PRN   SOLE 0 1,000,000 0 0
Cisco Systems COM 17275r102 599,892 17,838 SH   SOLE 0 17,838 0 0
Contura Energy COM 21241b100 616,512 10,400 SH   SOLE 0 10,400 0 0
Contura Energy COM 21241b118 25,428 978 SH   SOLE 0 978 0 0
DR Horton COM 23331a109 9,983 250 SH   SOLE 0 250 0 0
Delek Logistics Partners COM 24664t103 2,143,906 68,605 SH   SOLE 0 68,605 0 0
DowDuPont COM 26078j100 1,198,921 17,318 SH   SOLE 0 17,318 0 0
EOG Resources Inc COM 26875p101 29,506 305 SH   SOLE 0 305 0 0
Eagle Bancorp Montana COM 26942g100 909,220 49,147 SH   SOLE 0 49,147 0 0
Emerge Energy Services COM 29102H108 7,004 850 SH   SOLE 0 850 0 0
Energy Transfer Partners COM 29273R109 123,622 6,759 SH   SOLE 0 6,759 0 0
Energy Transfer Equity COM 29273v100 222,623 12,809 SH   SOLE 0 12,809 0 0
EnLink Midstream COM 29336t100 1,128,479 65,419 SH   SOLE 0 65,419 0 0
EnLink Midstream Partners COM 29336u107 3,729,888 222,547 SH   SOLE 0 222,547 0 0
Essa Bancorp COM 29667d104 986,682 62,846 SH   SOLE 0 62,846 0 0
EZCorp Inc CONV BOND 302301AB2 3,602,875 3,700,000 PRN   SOLE 0 3,700,000 0 0
Exxon Mobil COM 30231g102 1,641,158 20,019 SH   SOLE 0 20,019 0 0
1st Constitution Bancorp COM 31986n102 225,363 12,417 SH   SOLE 0 12,417 0 0
First United Corp COM 33741h107 1,212,969 72,851 SH   SOLE 0 72,851 0 0
General Cable Corp CONV BOND 369300al2 1,862,874 2,095,000 PRN   SOLE 0 2,095,000 0 0
Global Eagle Entertainment CONV BOND 37951DAB8 1,297,594 2,060,000 PRN   SOLE 0 2,060,000 0 0
Goldman Sachs COM 38141g104 3,902,013 16,451 SH   SOLE 0 16,451 0 0
Greenbriar CONV BOND 393657AH4 2,003,397 1,452,000 PRN   SOLE 0 1,452,000 0 0
HMN Financial COM 40424g108 892,054 49,975 SH   SOLE 0 49,975 0 0
Homestreet COM 43785u102 587,790 21,770 SH   SOLE 0 21,770 0 0
Horsehead Holdings COM 44069P118 160,365 3,564 SH   SOLE 0 3,564 0 0
Invensense CONV BOND 46123DAB2 773,063 775,000 PRN   SOLE 0 775,000 0 0
Iridium Communications COM 46269c102 1,224,711 118,904 SH   SOLE 0 118,904 0 0
Iridium Communications CONV PREF 46269c409 1,090,680 3,000 SH   SOLE 0 3,000 0 0
Iridium Communications CONV PREF 46269c508 2,171,829 19,093 SH   SOLE 0 19,093 0 0
iShares 0-5 Yr High Yield Corporate Bond COM 46434v407 406,555 8,500 SH   SOLE 0 8,500 0 0
JPMorgan Chase COM 46625h100 1,968,748 20,613 SH   SOLE 0 20,613 0 0
Jefferies Group CONV BOND 472319ag7 1,265,968 1,263,000 PRN   SOLE 0 1,263,000 0 0
Jones Energy COM 48019r108 1,002 522 SH   SOLE 0 522 0 0
Jones Energy CONV PREF 48019R207 23,145 600 SH   SOLE 0 600 0 0
KKR & Co COM 48248m102 52,045 2,560 SH   SOLE 0 2,560 0 0
KB HOME CONV BOND 48666KAS8 2,228,512 2,115,000 PRN   SOLE 0 2,115,000 0 0
Kimball Electronics COM 49428j109 1,717,495 79,330 SH   SOLE 0 79,330 0 0
Kinder Morgan COM 49456b101 615,584 32,095 SH   SOLE 0 32,095 0 0
LGI Homes COM 50187t106 14,571 300 SH   SOLE 0 300 0 0
MPLX COM 55336v100 3,428,625 97,933 SH   SOLE 0 97,933 0 0
Macquarie Infrastructure CONV BOND 55608BAB1 2,903,802 2,995,000 PRN   SOLE 0 2,995,000 0 0
Merck & Co COM 58933y105 1,165,794 18,207 SH   SOLE 0 18,207 0 0
Meritage Homes Corporation COM 59001a102 4,440 100 SH   SOLE 0 100 0 0
MutualFirst Financial COM 62845b104 1,216,038 31,626 SH   SOLE 0 31,626 0 0
NGL Energy Partners COM 62913M107 3,989,621 345,422 SH   SOLE 0 345,422 0 0
Navistar Intl CONV BOND 63934eaq1 2,087,426 2,005,000 PRN   SOLE 0 2,005,000 0 0
ONE Gas COM 68235p108 783,971 10,646 SH   SOLE 0 10,646 0 0
Park Sterling Corp COM 70086y105 2,037 164 SH   SOLE 0 164 0 0
Peoples Financial Corp COM 71103b102 1,226,833 83,458 SH   SOLE 0 83,458 0 0
Plains GP Holdings COM 72651a207 1,445,287 66,085 SH   SOLE 0 66,085 0 0
Premier Financial Bancorp COM 74050m105 1,438,534 66,018 SH   SOLE 0 66,018 0 0
Prospect Capital CONV BOND 74348TAK8 2,164,937 2,159,000 PRN   SOLE 0 2,159,000 0 0
QCR Holdings COM 74727a104 5,132,316 112,798 SH   SOLE 0 112,798 0 0
QEP Resources COM 74733v100 12,855 1,500 SH   SOLE 0 1,500 0 0
RAIT Financial CONV BOND 749227AB0 562,302 610,000 PRN   SOLE 0 610,000 0 0
Rent-A-Center COM 76009n100 541,052 47,130 SH   SOLE 0 47,130 0 0
Royal Gold Inc CONV BOND 780287AA6 1,210,826 1,105,000 PRN   SOLE 0 1,105,000 0 0
SB Financial Group COM 78408d105 3,087,833 179,944 SH   SOLE 0 179,944 0 0
SPDR S&P 600 Small Cap Value COM 78464a300 538,884 4,264 SH   SOLE 0 4,264 0 0
SPDR Dow Jones Industrial Average COM 78467x109 8,468,599 37,837 SH   SOLE 0 37,837 0 0
SandRidge Energy COM 80007p869 1,257,935 62,615 SH   SOLE 0 62,615 0 0
SemGroup Corp COM 81663a105 69,201 2,407 SH   SOLE 0 2,407 0 0
Summit Financial Group COM 86606g101 2,771,460 108,007 SH   SOLE 0 108,007 0 0
Sunpower Corp CONV BOND 867652AJ8 1,350,092 1,730,000 PRN   SOLE 0 1,730,000 0 0
Sunpower Corp CONV BOND 867652AL3 820,000 1,000,000 PRN   SOLE 0 1,000,000 0 0
Targa Resources Corp COM 87612g101 3,596,717 76,041 SH   SOLE 0 76,041 0 0
3M Co COM 88579y101 3,448,027 16,427 SH   SOLE 0 16,427 0 0
Titan Machinery CONV BOND 88830RAB7 2,448,298 2,492,000 PRN   SOLE 0 2,492,000 0 0
Transmontaigne Partners COM 89376v100 2,993,373 70,086 SH   SOLE 0 70,086 0 0
Two River Bancorp COM 90207c105 1,204,373 60,766 SH   SOLE 0 60,766 0 0
United Community Banks COM 90984p303 6,279 220 SH   SOLE 0 220 0 0
UnitedHealth Group COM 91324p102 3,274,024 16,717 SH   SOLE 0 16,717 0 0
Uniti Group COM 91325v108 510,095 34,795 SH   SOLE 0 34,795 0 0
Verizon Communications COM 92343v104 939,964 18,993 SH   SOLE 0 18,993 0 0
Visa COM 92826c839 1,729,198 16,431 SH   SOLE 0 16,431 0 0
Williams Partners COM 96949L105 3,824,959 98,328 SH   SOLE 0 98,328 0 0
Wintrust Financial COM 97650w108 2,632,312 33,614 SH   SOLE 0 33,614 0 0
Xerium Technologies COM 98416j118 231,101 48,347 SH   SOLE 0 48,347 0 0
Aircastle LTD COM g0129k104 1,715,305 76,954 SH   SOLE 0 76,954 0 0
Bunge Ltd CONV PREF g16962204 2,308,077 22,190 SH   SOLE 0 22,190 0 0
Seagate Technology COM G7945M107 19,902 600 SH   SOLE 0 600 0 0
Genco Shipping COM y2685t123 11,188 62,155 SH   SOLE 0 62,155 0 0
Genco Shipping & Trading Ltd. COM y2685t131 178,349 15,388 SH   SOLE 0 15,388 0 0
Navios Maritime Acquisition COM y62159101 13,420 11,000 SH   SOLE 0 11,000 0 0
Navios Maritime Holdings COM y62196103 570,973 341,900 SH   SOLE 0 341,900 0 0
Navios Maritime Partners COM y62267102 16,605 8,100 SH   SOLE 0 8,100 0 0
Teekay LNG Partners COM y8564m105 2,589,170 145,459 SH   SOLE 0 145,459 0 0
Teekay Inc COM y8564w103 1,392,419 155,926 SH   SOLE 0 155,926 0 0
Teekay Offshore Partners COM y8565j101 22,508 9,457 SH   SOLE 0 9,457 0 0
Teekay Tankers COM y8565n102 16,200 10,000 SH   SOLE 0 10,000 0 0