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 3,375 1,500 SH   SOLE 0 1,500 0 0
American Express Company COM 025816109 1,813,558 19,026 SH   SOLE 0 19,026 0 0
Apollo Global Management COM 037612306 147,731 6,020 SH   SOLE 0 6,020 0 0
Apple COM 037833100 3,264,843 20,698 SH   SOLE 0 20,698 0 0
Astrazeneca COM 046353108 18,990 500 SH   SOLE 0 500 0 0
BB&T Corporation COM 054937107 62,511 1,443 SH   SOLE 0 1,443 0 0
Bank of America COM 060505104 1,020,219 41,405 SH   SOLE 0 41,405 0 0
Bank of America CONV PREF 060505682 36,323 29 SH   SOLE 0 29 0 0
Bank of America WARRANT 060506146 230,400 18,000 SH   SOLE 0 18,000 0 0
Barnes & Noble COM 067774109 836,868 118,035 SH   SOLE 0 118,035 0 0
Berkshire Hills Bancorp Inc COM 084680107 137,520 5,099 SH   SOLE 0 5,099 0 0
Boeing COM 097023105 6,422,588 19,915 SH   SOLE 0 19,915 0 0
Caterpillar Inc COM 149123101 2,419,667 19,042 SH   SOLE 0 19,042 0 0
Central Valley Community Bancorp COM 155685100 470,656 24,942 SH   SOLE 0 24,942 0 0
Chesapeake Energy COM 165167107 10,989 5,233 SH   SOLE 0 5,233 0 0
Chesapeake Energy CONV PREF 165167768 10,605 21 SH   SOLE 0 21 0 0
Chevron Corporation COM 166764100 2,613,621 24,024 SH   SOLE 0 24,024 0 0
Choiceone Financial Services COM 170386106 15,855 634 SH   SOLE 0 634 0 0
Citigroup COM 172967424 1,066,397 20,484 SH   SOLE 0 20,484 0 0
Citizens Financial Group COM 174610105 482,705 16,236 SH   SOLE 0 16,236 0 0
Citizens Community Bancorp COM 174903104 1,259,615 115,561 SH   SOLE 0 115,561 0 0
Civista Bancshares COM 178867107 1,145,191 65,740 SH   SOLE 0 65,740 0 0
Cleveland-Cliffs COM 185899101 861,472 112,025 SH   SOLE 0 112,025 0 0
Coca-Cola COM 191216100 953,345 20,134 SH   SOLE 0 20,134 0 0
Codorus Bancorp COM 192025104 874,799 41,167 SH   SOLE 0 41,167 0 0
Cowen Inc CONV PREF 223622507 2,628,566 3,295 SH   SOLE 0 3,295 0 0
Walt Disney COM 254687106 2,149,433 19,603 SH   SOLE 0 19,603 0 0
El Pollo Loco COM 268603107 1,110,444 73,200 SH   SOLE 0 73,200 0 0
Enterprise Products COM 293792107 2,910,866 118,376 SH   SOLE 0 118,376 0 0
Equitrans Midstream COM 294600101 42,543 2,125 SH   SOLE 0 2,125 0 0
EZCORP COM 302301106 23,692 3,065 SH   SOLE 0 3,065 0 0
FNB Corporation COM 302520101 83,089 8,444 SH   SOLE 0 8,444 0 0
Federal Agricultural Mortgage COM 313148306 15,110 250 SH   SOLE 0 250 0 0
Freddie Mac PREF STK 313400640 906,194 160,105 SH   SOLE 0 160,105 0 0
Fannie Mae PREF STK 313586752 13,900 2,000 SH   SOLE 0 2,000 0 0
Fifth Third Bancorp COM 316773100 265,301 11,275 SH   SOLE 0 11,275 0 0
First Bancshares COM 318916103 1,597,684 52,816 SH   SOLE 0 52,816 0 0
First Community Corp COM 319835104 1,153,656 59,375 SH   SOLE 0 59,375 0 0
Ford Motor COM 345370860 18,869 2,467 SH   SOLE 0 2,467 0 0
FreightCar America COM 357023100 311,085 46,500 SH   SOLE 0 46,500 0 0
General Electric COM 369604103 114,966 15,187 SH   SOLE 0 15,187 0 0
Genesis Energy COM 371927104 1,999,119 108,236 SH   SOLE 0 108,236 0 0
Haverty Furniture COM 419596101 810,169 43,140 SH   SOLE 0 43,140 0 0
Hawaiian Holdings COM 419879101 33,831 1,281 SH   SOLE 0 1,281 0 0
Hawthorn Bancshares COM 420476103 572,563 27,226 SH   SOLE 0 27,226 0 0
Hess Midstream Partners COM 428104103 1,290,463 75,999 SH   SOLE 0 75,999 0 0
Hi Crush Partners COM 428337109 5,012 1,400 SH   SOLE 0 1,400 0 0
Holly Energy Partners COM 435763107 2,333,266 81,697 SH   SOLE 0 81,697 0 0
Home Depot COM 437076102 3,400,318 19,790 SH   SOLE 0 19,790 0 0
HopFed Bancorp COM 439734104 288,185 21,684 SH   SOLE 0 21,684 0 0
Intel COM 458140100 1,017,208 21,675 SH   SOLE 0 21,675 0 0
IBM COM 459200101 2,197,355 19,331 SH   SOLE 0 19,331 0 0
iShares Barclays TIPS Bond COM 464287176 174,933 1,597 SH   SOLE 0 1,597 0 0
iShares MSCI Emerging Markets COM 464287234 309,160 7,915 SH   SOLE 0 7,915 0 0
iShares DJ US Financial Sector COM 464287788 507,810 4,774 SH   SOLE 0 4,774 0 0
Johnson & Johnson COM 478160104 2,753,153 21,334 SH   SOLE 0 21,334 0 0
Lannett COM 516012101 268,301 54,093 SH   SOLE 0 54,093 0 0
MDC Holdings COM 552676108 1,010,217 35,938 SH   SOLE 0 35,938 0 0
MVB Financial COM 553810102 944,412 52,351 SH   SOLE 0 52,351 0 0
Magellan Midstream COM 559080106 4,517,726 79,175 SH   SOLE 0 79,175 0 0
McDermott International COM 580037703 312,514 47,785 SH   SOLE 0 47,785 0 0
McDonalds COM 580135101 3,571,821 20,115 SH   SOLE 0 20,115 0 0
Microsoft COM 594918104 2,182,771 21,490 SH   SOLE 0 21,490 0 0
Midsouth Bancorp COM 598039105 274,805 25,925 SH   SOLE 0 25,925 0 0
MidWest One Financial COM 598511103 255,724 10,299 SH   SOLE 0 10,299 0 0
NMI Holdings COM 629209305 2,219,023 124,315 SH   SOLE 0 124,315 0 0
Nike COM 654106103 1,407,548 18,985 SH   SOLE 0 18,985 0 0
Oaktree Capital COM 674001201 151,646 3,815 SH   SOLE 0 3,815 0 0
Old National Bancorp COM 680033107 1,117,208 72,546 SH   SOLE 0 72,546 0 0
ONEOK COM 682680103 4,248,715 78,753 SH   SOLE 0 78,753 0 0
Opus Bank COM 684000102 783,110 39,975 SH   SOLE 0 39,975 0 0
Parke Bancorp COM 700885106 990,398 52,920 SH   SOLE 0 52,920 0 0
Peoples Bancorp of NC COM 710577107 1,039,452 42,496 SH   SOLE 0 42,496 0 0
Pfizer COM 717081103 1,025,077 23,484 SH   SOLE 0 23,484 0 0
Phillips 66 Partners COM 718549207 2,118,042 50,298 SH   SOLE 0 50,298 0 0
Plains All American COM 726503105 259,177 12,933 SH   SOLE 0 12,933 0 0
Procter & Gamble COM 742718109 1,913,407 20,816 SH   SOLE 0 20,816 0 0
Shell Midstream Partners COM 822634101 1,264,620 77,064 SH   SOLE 0 77,064 0 0
Southern National Bancorp COM 843395104 1,245,309 94,199 SH   SOLE 0 94,199 0 0
SunPower Corporation COM 867652406 1,173 236 SH   SOLE 0 236 0 0
SunTrust Banks COM 867914103 499,177 9,896 SH   SOLE 0 9,896 0 0
Superior Industries COM 868168105 255,443 53,107 SH   SOLE 0 53,107 0 0
Timberland Bancorp COM 887098101 22,300 1,000 SH   SOLE 0 1,000 0 0
Toll Brothers COM 889478103 6,586 200 SH   SOLE 0 200 0 0
Turtle Beach Corp COM 900450206 877,848 61,517 SH   SOLE 0 61,517 0 0
Umpqua Holdings COM 904214103 15,900 1,000 SH   SOLE 0 1,000 0 0
Unisys Corp COM 909214306 772,988 66,465 SH   SOLE 0 66,465 0 0
United Bancshares COM 909458101 953,148 47,610 SH   SOLE 0 47,610 0 0
United Technologies Corp COM 913017109 2,021,523 18,985 SH   SOLE 0 18,985 0 0
Vanguard S&P Mid Cap 400 COM 921932885 1,487,738 13,300 SH   SOLE 0 13,300 0 0
Wal-Mart COM 931142103 1,825,367 19,596 SH   SOLE 0 19,596 0 0
Walgreens COM 931427108 1,297,245 18,985 SH   SOLE 0 18,985 0 0
Williams Companies COM 969457100 4,645,841 210,696 SH   SOLE 0 210,696 0 0
Zions Bancorp COM 989701107 596,067 14,631 SH   SOLE 0 14,631 0 0
Zions Bancorp WARRANT 989701115 106,859 11,368 SH   SOLE 0 11,368 0 0
Argan Inc COM 04010e109 1,053,352 27,837 SH   SOLE 0 27,837 0 0
Travelers Companies COM 89417e109 2,297,524 19,186 SH   SOLE 0 19,186 0 0
A T & T COM 00206r102 132,825 4,654 SH   SOLE 0 4,654 0 0
Aceto Corp CONV BOND 004446AD2 1,459,830 1,965,000 PRN   SOLE 0 1,965,000 0 0
Alaska Communications System COM 01167p101 819,706 569,240 SH   SOLE 0 569,240 0 0
Alliance Resource Partners COM 01877r108 3,799,055 219,092 SH   SOLE 0 219,092 0 0
American Airlines Group COM 02376R102 449,026 13,984 SH   SOLE 0 13,984 0 0
AmeriServ Financial COM 03074a102 748,466 185,724 SH   SOLE 0 185,724 0 0
Andeavor Logistics COM 03350f106 1,409,449 43,381 SH   SOLE 0 43,381 0 0
Antero Midstream Partners COM 03673l103 2,137,695 99,939 SH   SOLE 0 99,939 0 0
Antero Midstream GP COM 03675y103 340,152 30,425 SH   SOLE 0 30,425 0 0
Arcbest Corp COM 03937c105 1,075,250 31,385 SH   SOLE 0 31,385 0 0
Atlas Air Worldwide CONV BOND 049164BH8 1,709,252 1,755,000 PRN   SOLE 0 1,755,000 0 0
BOK Financial Corp COM 05561q201 30,073 410 SH   SOLE 0 410 0 0
BP Midstream Partners COM 0556EL109 1,243,744 80,035 SH   SOLE 0 80,035 0 0
Banc of California COM 05990k106 2,641,458 198,457 SH   SOLE 0 198,457 0 0
Blackstone Group COM 09253u108 178,413 5,985 SH   SOLE 0 5,985 0 0
Carlyle Group COM 14309l102 122,929 7,805 SH   SOLE 0 7,805 0 0
Chesapeake Energy CONV BOND 165167CY1 2,660,062 3,305,000 PRN   SOLE 0 3,305,000 0 0
Cisco Systems COM 17275r102 849,615 19,608 SH   SOLE 0 19,608 0 0
Contura Energy COM 21241b100 1,584,005 24,095 SH   SOLE 0 24,095 0 0
Contura Energy WARRANT 21241b118 1,321,250 42,280 SH   SOLE 0 42,280 0 0
Delek Logistics Partners COM 24664t103 1,910,581 65,319 SH   SOLE 0 65,319 0 0
DowDuPont COM 26078j100 1,083,181 20,254 SH   SOLE 0 20,254 0 0
EOG Resources COM 26875p101 21,803 250 SH   SOLE 0 250 0 0
EQT Midstream Partners COM 26885b100 2,912,974 67,352 SH   SOLE 0 67,352 0 0
Eagle Bancorp Montana COM 26942g100 796,835 48,293 SH   SOLE 0 48,293 0 0
Encore Capital CONV BOND 292554AH5 1,870,175 2,210,000 PRN   SOLE 0 2,210,000 0 0
Energy Transfer COM 29273v100 269,701 20,416 SH   SOLE 0 20,416 0 0
EnLink Midstream LLC COM 29336t100 678,991 71,548 SH   SOLE 0 71,548 0 0
EnLink Midstream Partners COM 29336u107 2,435,434 221,202 SH   SOLE 0 221,202 0 0
Essa Bancorp COM 29667d104 1,142,355 73,181 SH   SOLE 0 73,181 0 0
EZCorp Inc CONV BOND 302301AB2 3,446,119 3,540,000 PRN   SOLE 0 3,540,000 0 0
Exxon Mobil COM 30231g102 1,539,867 22,582 SH   SOLE 0 22,582 0 0
1st Constitution Bancorp COM 31986n102 248,009 12,444 SH   SOLE 0 12,444 0 0
First United Corp COM 33741h107 1,192,902 74,931 SH   SOLE 0 74,931 0 0
First US Bancshares COM 33744v103 359,503 45,221 SH   SOLE 0 45,221 0 0
GNC Holdings CONV BOND 36191GAB3 2,341,625 3,275,000 PRN   SOLE 0 3,275,000 0 0
General Motors COM 37045v100 13,380 400 SH   SOLE 0 400 0 0
Global Eagle Entertainment CONV BOND 37951DAB8 1,420,863 1,970,000 PRN   SOLE 0 1,970,000 0 0
Goldman Sachs Group COM 38141g104 3,234,088 19,360 SH   SOLE 0 19,360 0 0
Greenbriar Co CONV BOND 393657AK7 1,499,542 1,525,000 PRN   SOLE 0 1,525,000 0 0
HMN Financial COM 40424g108 960,890 48,975 SH   SOLE 0 48,975 0 0
Homestreet Inc COM 43785u102 478,524 22,540 SH   SOLE 0 22,540 0 0
Horizon Global CONV BOND 44052WAA2 1,281,925 2,350,000 PRN   SOLE 0 2,350,000 0 0
Horsehead Holdings WARRANT 44069P118 135,005 3,375 SH   SOLE 0 3,375 0 0
Iridium Communications COM 46269c102 103,265 5,597 SH   SOLE 0 5,597 0 0
iShares 0-5 Yr High Yield Corporate COM 46434v407 741,980 16,655 SH   SOLE 0 16,655 0 0
JPMorgan COM 46625h100 2,309,201 23,655 SH   SOLE 0 23,655 0 0
KKR & Co COM 48248m102 133,975 6,825 SH   SOLE 0 6,825 0 0
KB HOME CONV BOND 48666KAS8 1,822,485 1,835,000 PRN   SOLE 0 1,835,000 0 0
Kimball Electronics COM 49428j109 1,178,634 76,090 SH   SOLE 0 76,090 0 0
Kinder Morgan COM 49456b101 812,238 52,811 SH   SOLE 0 52,811 0 0
LGI Homes COM 50187t106 769,011 17,006 SH   SOLE 0 17,006 0 0
MPLX COM 55336v100 2,974,359 98,164 SH   SOLE 0 98,164 0 0
Macquarie Infrastructure CONV BOND 55608BAB1 1,756,600 2,000,000 PRN   SOLE 0 2,000,000 0 0
Macys COM 55616p104 11,912 400 SH   SOLE 0 400 0 0
Merck COM 58933y105 1,583,292 20,721 SH   SOLE 0 20,721 0 0
MutualFirst Financial COM 62845b104 840,377 31,629 SH   SOLE 0 31,629 0 0
NGL Energy Partners COM 62913M107 3,196,565 333,323 SH   SOLE 0 333,323 0 0
Orchids Paper Products COM 68572n104 25,850 27,500 SH   SOLE 0 27,500 0 0
PDL Biopharma CONV BOND 69329YAG9 3,291,210 3,250,000 PRN   SOLE 0 3,250,000 0 0
Paypal Holdings COM 70450y103 8,409 100 SH   SOLE 0 100 0 0
Peoples Financial Corp COM 71103b102 970,278 84,372 SH   SOLE 0 84,372 0 0
Plains GP Holdings COM 72651a207 1,205,341 59,967 SH   SOLE 0 59,967 0 0
Premier Financial Bancorp COM 74050m105 1,211,080 81,226 SH   SOLE 0 81,226 0 0
QCR Holdings COM 74727a104 3,480,188 108,451 SH   SOLE 0 108,451 0 0
QEP Resources COM 74733v100 8,445 1,500 SH   SOLE 0 1,500 0 0
Pyxus International COM 74737v106 2,372 200 SH   SOLE 0 200 0 0
Royal Gold CONV BOND 780287AA6 892,359 890,000 PRN   SOLE 0 890,000 0 0
SB Financial Group COM 78408d105 2,997,913 182,244 SH   SOLE 0 182,244 0 0
SPDR S&P 600 Small Cap Value COM 78464a300 678,193 12,601 SH   SOLE 0 12,601 0 0
SPDR Dow Jones Industrial COM 78467x109 8,655,681 37,117 SH   SOLE 0 37,117 0 0
Sandridge Energy WARRANT 80007p125 4 4,028 SH   SOLE 0 4,028 0 0
SandRidge Energy, Inc. COM 80007p869 506,598 66,570 SH   SOLE 0 66,570 0 0
SemGroup COM 81663a105 29,806 2,163 SH   SOLE 0 2,163 0 0
Sterling Bancorp COM 85917a100 410,950 24,891 SH   SOLE 0 24,891 0 0
Summit Financial Group COM 86606g101 2,034,752 105,373 SH   SOLE 0 105,373 0 0
Sunpower Corp CONV BOND 867652AJ8 1,172,908 1,525,000 PRN   SOLE 0 1,525,000 0 0
Sunpower CONV BOND 867652AL3 801,980 1,000,000 PRN   SOLE 0 1,000,000 0 0
Talos Energy COM 87484t108 537,826 32,955 SH   SOLE 0 32,955 0 0
Talos Energy WARRANT 87484t116 58,607 52,072 SH   SOLE 0 52,072 0 0
Targa Resources COM 87612g101 2,638,150 73,241 SH   SOLE 0 73,241 0 0
Teekay Corp CONV BOND 87900YAD5 662,290 1,000,000 PRN   SOLE 0 1,000,000 0 0
3M Co COM 88579y101 3,617,402 18,985 SH   SOLE 0 18,985 0 0
Titan Machinery CONV BOND 88830RAB7 2,283,357 2,317,000 PRN   SOLE 0 2,317,000 0 0
Trex COM 89531p105 23,744 400 SH   SOLE 0 400 0 0
Two River Bancorp COM 90207c105 900,844 59,033 SH   SOLE 0 59,033 0 0
UnitedHealth Group Inc COM 91324p102 4,821,967 19,356 SH   SOLE 0 19,356 0 0
Uniti Group COM 91325v108 542,692 34,855 SH   SOLE 0 34,855 0 0
Vaalco Energy COM 91851c201 347,361 236,300 SH   SOLE 0 236,300 0 0
Verizon Communications COM 92343v104 1,190,177 21,170 SH   SOLE 0 21,170 0 0
Visa COM 92826c839 2,512,138 19,040 SH   SOLE 0 19,040 0 0
Western Gas Equity Partners COM 95825r103 2,583,881 93,180 SH   SOLE 0 93,180 0 0
Wintrust Financial COM 97650w108 1,848,156 27,796 SH   SOLE 0 27,796 0 0
WPX Energy COM 98212b103 60,662 5,345 SH   SOLE 0 5,345 0 0
Aircastle LTD COM g0129k104 1,367,373 79,314 SH   SOLE 0 79,314 0 0
Bunge Ltd CONV PREF g16962204 1,906,826 19,658 SH   SOLE 0 19,658 0 0
Seagate Technology COM G7945M107 7,718 200 SH   SOLE 0 200 0 0
Genco Shipping WARRANT y2685t123 539 2,155 SH   SOLE 0 2,155 0 0
Genco Shipping COM y2685t131 165,149 20,931 SH   SOLE 0 20,931 0 0
Navios Maritime Holdings COM y62196103 58,989 215,290 SH   SOLE 0 215,290 0 0
Navios Maritime Partners COM y62267102 111,203 130,919 SH   SOLE 0 130,919 0 0
Teekay LNG Partners COM y8564m105 1,779,917 161,517 SH   SOLE 0 161,517 0 0
Teekay Inc COM y8564w103 418,783 125,384 SH   SOLE 0 125,384 0 0
Teekay Offshore Partners COM y8565j101 11,201 9,257 SH   SOLE 0 9,257 0 0
Teekay Tankers COM y8565n102 9,373 10,100 SH   SOLE 0 10,100 0 0