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 4,125 1,500 SH   SOLE 0 1,500 0 0
American Express Company COM 025816109 2,076,154 18,995 SH   SOLE 0 18,995 0 0
Apollo Global Management COM 037612306 170,065 6,020 SH   SOLE 0 6,020 0 0
Apple COM 037833100 3,957,717 20,836 SH   SOLE 0 20,836 0 0
BB&T Corporation COM 054937107 67,143 1,443 SH   SOLE 0 1,443 0 0
Bank of America COM 060505104 1,142,364 41,405 SH   SOLE 0 41,405 0 0
Bank of America CONV PREF 060505682 37,754 29 SH   SOLE 0 29 0 0
Barnes & Noble COM 067774109 634,713 116,890 SH   SOLE 0 116,890 0 0
Berkshire Hills Bancorp COM 084680107 138,897 5,099 SH   SOLE 0 5,099 0 0
Boeing COM 097023105 7,584,155 19,884 SH   SOLE 0 19,884 0 0
Caterpillar COM 149123101 2,575,800 19,011 SH   SOLE 0 19,011 0 0
Central Valley Community Bancorp COM 155685100 487,616 24,942 SH   SOLE 0 24,942 0 0
Chesapeake Energy COM 165167107 16,222 5,233 SH   SOLE 0 5,233 0 0
Chevron Corporation COM 166764100 2,953,082 23,974 SH   SOLE 0 23,974 0 0
Choiceone Financial Services COM 170386106 16,476 634 SH   SOLE 0 634 0 0
Citigroup COM 172967424 1,277,003 20,524 SH   SOLE 0 20,524 0 0
Citizens Financial Group COM 174610105 527,705 16,237 SH   SOLE 0 16,237 0 0
Citizens Community Bancorp COM 174903104 1,378,844 115,578 SH   SOLE 0 115,578 0 0
Civista Bancshares COM 178867107 1,435,104 65,740 SH   SOLE 0 65,740 0 0
Cleveland-Cliffs COM 185899101 1,128,171 112,930 SH   SOLE 0 112,930 0 0
Coca-Cola COM 191216100 941,089 20,083 SH   SOLE 0 20,083 0 0
Codorus Bancorp COM 192025104 878,933 41,168 SH   SOLE 0 41,168 0 0
Cowen Inc CONV PREF 223622507 2,725,061 3,290 SH   SOLE 0 3,290 0 0
Walt Disney COM 254687106 2,174,373 19,584 SH   SOLE 0 19,584 0 0
El Pollo Loco Holdings COM 268603107 943,290 72,505 SH   SOLE 0 72,505 0 0
Enterprise Products Partners COM 293792107 3,353,746 115,249 SH   SOLE 0 115,249 0 0
Equitrans Midstream COM 294600101 242,303 11,125 SH   SOLE 0 11,125 0 0
EZCORP COM 302301106 28,566 3,065 SH   SOLE 0 3,065 0 0
F.N.B. Corporation COM 302520101 89,506 8,444 SH   SOLE 0 8,444 0 0
Federal Agricultural Mortgage COM 313148306 18,108 250 SH   SOLE 0 250 0 0
Freddie Mac PREF STK 313400640 1,217,055 146,105 SH   SOLE 0 146,105 0 0
Fannie Mae PREF STK 313586752 20,660 2,000 SH   SOLE 0 2,000 0 0
Fifth Third Bancorp COM 316773100 284,356 11,275 SH   SOLE 0 11,275 0 0
First Bancshares COM 318916103 1,632,014 52,816 SH   SOLE 0 52,816 0 0
First Community Corp COM 319835104 1,132,281 59,375 SH   SOLE 0 59,375 0 0
Ford Motor COM 345370860 21,739 2,476 SH   SOLE 0 2,476 0 0
FreightCar America COM 357023100 317,979 51,620 SH   SOLE 0 51,620 0 0
General Electric COM 369604103 145,729 14,588 SH   SOLE 0 14,588 0 0
Genesis Energy COM 371927104 2,434,501 104,485 SH   SOLE 0 104,485 0 0
Haverty Furniture COM 419596101 944,560 43,170 SH   SOLE 0 43,170 0 0
Hawaiian Holdings COM 419879101 33,626 1,281 SH   SOLE 0 1,281 0 0
Hawthorn Bancshares COM 420476103 632,732 27,226 SH   SOLE 0 27,226 0 0
Hess Midstream Partners COM 428104103 1,639,057 77,314 SH   SOLE 0 77,314 0 0
Holly Energy Partners COM 435763107 326,174 12,085 SH   SOLE 0 12,085 0 0
Home Depot COM 437076102 3,791,555 19,759 SH   SOLE 0 19,759 0 0
HopFed Bancorp COM 439734104 427,191 21,685 SH   SOLE 0 21,685 0 0
Intel Corporation COM 458140100 1,162,283 21,644 SH   SOLE 0 21,644 0 0
International Business Machines COM 459200101 2,720,408 19,280 SH   SOLE 0 19,280 0 0
iShares Barclays TIPS Bond COM 464287176 180,620 1,597 SH   SOLE 0 1,597 0 0
iShares MSCI Emerging Markets COM 464287234 326,836 7,615 SH   SOLE 0 7,615 0 0
iShares MSCI EAFE Index Fund COM 464287465 5,203,653 80,229 SH   SOLE 0 80,229 0 0
iShares DJ US Financial Sector COM 464287788 563,953 4,774 SH   SOLE 0 4,774 0 0
Johnson & Johnson COM 478160104 2,956,978 21,153 SH   SOLE 0 21,153 0 0
Lannett Company COM 516012101 423,666 53,833 SH   SOLE 0 53,833 0 0
MDC Holdings COM 552676108 1,117,851 38,467 SH   SOLE 0 38,467 0 0
MVB Financial COM 553810102 800,030 52,461 SH   SOLE 0 52,461 0 0
Magellan Midstream Partners COM 559080106 4,563,317 75,265 SH   SOLE 0 75,265 0 0
McDermott International COM 580037703 352,738 47,411 SH   SOLE 0 47,411 0 0
McDonald's COM 580135101 3,813,952 20,084 SH   SOLE 0 20,084 0 0
Microsoft COM 594918104 2,530,914 21,459 SH   SOLE 0 21,459 0 0
Midsouth Bancorp COM 598039105 298,257 26,140 SH   SOLE 0 26,140 0 0
MidWest One Financial COM 598511103 280,648 10,299 SH   SOLE 0 10,299 0 0
NMI Holdings COM 629209305 3,162,608 122,250 SH   SOLE 0 122,250 0 0
Nike COM 654106103 1,596,116 18,954 SH   SOLE 0 18,954 0 0
Oaktree Capital COM 674001201 189,415 3,815 SH   SOLE 0 3,815 0 0
Old National Bancorp COM 680033107 1,189,779 72,548 SH   SOLE 0 72,548 0 0
ONEOK COM 682680103 5,341,011 76,475 SH   SOLE 0 76,475 0 0
Opus Bank COM 684000102 791,505 39,975 SH   SOLE 0 39,975 0 0
Pacwest Bancorp COM 695263103 368,390 9,795 SH   SOLE 0 9,795 0 0
Parke Bancorp COM 700885106 1,053,295 50,421 SH   SOLE 0 50,421 0 0
Peoples Bancorp of NC COM 710577107 1,130,394 42,496 SH   SOLE 0 42,496 0 0
Pfizer COM 717081103 995,200 23,433 SH   SOLE 0 23,433 0 0
Phillips 66 Partners COM 718549207 2,552,325 48,755 SH   SOLE 0 48,755 0 0
Plains All American Pipeline COM 726503105 316,988 12,933 SH   SOLE 0 12,933 0 0
Procter & Gamble COM 742718109 2,169,547 20,851 SH   SOLE 0 20,851 0 0
Shell Midstream Partners COM 822634101 1,552,135 75,899 SH   SOLE 0 75,899 0 0
Southern National Bancorp of Virginia COM 843395104 1,161,581 79,289 SH   SOLE 0 79,289 0 0
Southwestern Energy COM 845467109 4,690 1,000 SH   SOLE 0 1,000 0 0
SunPower Corporation COM 867652406 1,536 236 SH   SOLE 0 236 0 0
SunTrust Banks COM 867914103 586,385 9,897 SH   SOLE 0 9,897 0 0
Superior Industries COM 868168105 328,029 68,914 SH   SOLE 0 68,914 0 0
Timberland Bancorp COM 887098101 27,980 1,000 SH   SOLE 0 1,000 0 0
Toll Brothers COM 889478103 7,240 200 SH   SOLE 0 200 0 0
Turtle Beach COM 900450206 836,971 73,677 SH   SOLE 0 73,677 0 0
Umpqua Holdings COM 904214103 16,500 1,000 SH   SOLE 0 1,000 0 0
Unisys Corp COM 909214306 764,327 65,495 SH   SOLE 0 65,495 0 0
United Bancshares COM 909458101 1,077,168 46,610 SH   SOLE 0 46,610 0 0
United Technologies COM 913017109 2,442,981 18,954 SH   SOLE 0 18,954 0 0
Wal-Mart Stores COM 931142103 1,908,174 19,565 SH   SOLE 0 19,565 0 0
Walgreens Boots Alliance COM 931427108 1,199,220 18,954 SH   SOLE 0 18,954 0 0
Williams Companies COM 969457100 4,939,926 172,003 SH   SOLE 0 172,003 0 0
Zions Bancorp COM 989701107 664,394 14,631 SH   SOLE 0 14,631 0 0
Zions Bancorp WARRANT 989701115 147,670 11,368 SH   SOLE 0 11,368 0 0
Argan COM 04010e109 1,400,448 28,037 SH   SOLE 0 28,037 0 0
Travelers Companies COM 89417e109 2,627,300 19,155 SH   SOLE 0 19,155 0 0
A T & T COM 00206r102 145,949 4,654 SH   SOLE 0 4,654 0 0
Aceto Corp CONV BOND 004446AD2 2,296,800 3,960,000 PRN   SOLE 0 3,960,000 0 0
Alaska Communications System COM 01167p101 1,094,227 569,910 SH   SOLE 0 569,910 0 0
Alliance Resource Partners COM 01877r108 4,415,046 216,849 SH   SOLE 0 216,849 0 0
Altria Group COM 02209s103 49,357 859 SH   SOLE 0 859 0 0
American Airlines Group COM 02376R102 492,248 15,499 SH   SOLE 0 15,499 0 0
AmeriServ Financial COM 03074a102 723,705 180,026 SH   SOLE 0 180,026 0 0
Andeavor Logistics COM 03350f106 1,455,039 41,266 SH   SOLE 0 41,266 0 0
Antero Midstream Corp COM 03673l103 4,290,554 311,361 SH   SOLE 0 311,361 0 0
Arcbest COM 03937c105 940,481 30,545 SH   SOLE 0 30,545 0 0
Atlas Air Worldwide Holdings CONV BOND 049164BH8 1,801,415 1,750,000 PRN   SOLE 0 1,750,000 0 0
BOK Financial COM 05561q201 128,450 1,575 SH   SOLE 0 1,575 0 0
BP Midstream Partners COM 0556EL109 1,098,924 75,945 SH   SOLE 0 75,945 0 0
Banc of California COM 05990k106 2,694,479 194,688 SH   SOLE 0 194,688 0 0
Blackstone Group COM 09253u108 209,295 5,985 SH   SOLE 0 5,985 0 0
Carlyle Group COM 14309l102 142,675 7,805 SH   SOLE 0 7,805 0 0
Chesapeake Energy CONV BOND 165167CY1 3,053,114 3,295,000 PRN   SOLE 0 3,295,000 0 0
Cisco Systems COM 17275r102 1,055,882 19,557 SH   SOLE 0 19,557 0 0
Contura Energy COM 21241b100 1,406,877 24,290 SH   SOLE 0 24,290 0 0
Contura Energy WARRANT 21241b118 1,031,050 42,369 SH   SOLE 0 42,369 0 0
DR Horton COM 23331a109 10,345 250 SH   SOLE 0 250 0 0
Delek Logistics Partners COM 24664t103 2,031,545 62,644 SH   SOLE 0 62,644 0 0
DowDuPont COM 26078j100 1,085,029 20,353 SH   SOLE 0 20,353 0 0
EOG Resources COM 26875p101 23,795 250 SH   SOLE 0 250 0 0
EQT Midstream Partners COM 26885b100 3,004,051 65,065 SH   SOLE 0 65,065 0 0
Eagle Bancorp COM 26942g100 818,083 48,293 SH   SOLE 0 48,293 0 0
Encore Capital Group CONV BOND 292554AH5 2,017,796 2,205,000 PRN   SOLE 0 2,205,000 0 0
Energy Transfer Equity COM 29273v100 24,916 1,620 SH   SOLE 0 1,620 0 0
Energy Transfer LP COM 29273v100 2,079,034 135,266 SH   SOLE 0 135,266 0 0
EnLink Midstream COM 29336t100 4,048,488 316,783 SH   SOLE 0 316,783 0 0
Essa Bancorp COM 29667d104 1,126,987 73,181 SH   SOLE 0 73,181 0 0
EZCorp CONV BOND 302301AB2 9,956 10,000 PRN   SOLE 0 10,000 0 0
EZCorp CONV BOND 302301AF3 324,481 290,000 PRN   SOLE 0 290,000 0 0
Exxon Mobil COM 30231g102 1,830,524 22,655 SH   SOLE 0 22,655 0 0
1st Constitution Bancorp COM 31986n102 221,130 12,444 SH   SOLE 0 12,444 0 0
First United Corp COM 33741h107 1,293,309 74,931 SH   SOLE 0 74,931 0 0
First US Bancshares COM 33744v103 452,859 45,286 SH   SOLE 0 45,286 0 0
GNC Holdings CONV BOND 36191GAB3 2,661,159 3,270,000 PRN   SOLE 0 3,270,000 0 0
General Motors COM 37045v100 14,840 400 SH   SOLE 0 400 0 0
Global Eagle Entertainment CONV BOND 37951DAB8 1,204,427 1,965,000 PRN   SOLE 0 1,965,000 0 0
Goldman Sachs COM 38141g104 3,710,975 19,329 SH   SOLE 0 19,329 0 0
Greenbriar CONV BOND 393657AK7 1,456,627 1,520,000 PRN   SOLE 0 1,520,000 0 0
HMN Financial COM 40424g108 1,054,432 48,975 SH   SOLE 0 48,975 0 0
Homestreet COM 43785u102 593,929 22,540 SH   SOLE 0 22,540 0 0
Horizon Global CONV BOND 44052WAA2 1,307,982 2,345,000 PRN   SOLE 0 2,345,000 0 0
Horsehead Holdings WARRANT 44069P118 135,005 3,375 SH   SOLE 0 3,375 0 0
Iridium Communications COM 46269c102 89,209 3,374 SH   SOLE 0 3,374 0 0
JPMorgan Chase COM 46625h100 2,310,474 22,824 SH   SOLE 0 22,824 0 0
KKR COM 48248m102 160,319 6,825 SH   SOLE 0 6,825 0 0
Kimball Electronics COM 49428j109 1,215,733 78,485 SH   SOLE 0 78,485 0 0
Kinder Morgan COM 49456b101 946,927 47,323 SH   SOLE 0 47,323 0 0
LGI Homes COM 50187t106 1,020,225 16,936 SH   SOLE 0 16,936 0 0
MPLX COM 55336v100 3,124,876 95,010 SH   SOLE 0 95,010 0 0
Macquarie Infrastructure CONV BOND 55608BAB1 1,765,528 2,000,000 PRN   SOLE 0 2,000,000 0 0
Macys COM 55616p104 9,612 400 SH   SOLE 0 400 0 0
Merck COM 58933y105 1,710,724 20,569 SH   SOLE 0 20,569 0 0
MutualFirst Financial COM 62845b104 887,997 29,630 SH   SOLE 0 29,630 0 0
NGL Energy Partners COM 62913M107 4,506,614 321,213 SH   SOLE 0 321,213 0 0
PDL Biopharma CONV BOND 69329YAG9 3,711,469 3,245,000 PRN   SOLE 0 3,245,000 0 0
Peoples Financial Corp COM 71103b102 969,856 84,372 SH   SOLE 0 84,372 0 0
Plains GP Holdings COM 72651a207 1,519,672 60,982 SH   SOLE 0 60,982 0 0
Premier Financial Bancorp COM 74050m105 1,276,089 81,228 SH   SOLE 0 81,228 0 0
QCR Holdings COM 74727a104 3,445,466 101,576 SH   SOLE 0 101,576 0 0
Pyxus International COM 74737v106 4,778 200 SH   SOLE 0 200 0 0
Royal Gold CONV BOND 780287AA6 890,036 890,000 PRN   SOLE 0 890,000 0 0
SB Financial Group COM 78408d105 3,220,983 178,745 SH   SOLE 0 178,745 0 0
SPDR S&P 600 Small Cap Value COM 78464a300 845,839 14,027 SH   SOLE 0 14,027 0 0
SPDR Dow Jones Industrial Average COM 78467x109 9,561,937 36,900 SH   SOLE 0 36,900 0 0
Sandridge Energy WARRANT 80007p125 403 4,028 SH   SOLE 0 4,028 0 0
SandRidge Energy COM 80007p869 619,104 77,195 SH   SOLE 0 77,195 0 0
SemGroup COM 81663a105 31,883 2,163 SH   SOLE 0 2,163 0 0
Sterling Bancorp COM 85917a100 463,719 24,891 SH   SOLE 0 24,891 0 0
Summit Financial Group COM 86606g101 2,737,387 103,259 SH   SOLE 0 103,259 0 0
Sunpower Corp CONV BOND 867652AJ8 1,287,649 1,525,000 PRN   SOLE 0 1,525,000 0 0
Sunpower Corp CONV BOND 867652AL3 822,350 1,000,000 PRN   SOLE 0 1,000,000 0 0
Talos Energy COM 87484t108 949,122 35,735 SH   SOLE 0 35,735 0 0
Talos Energy WARRANT 87484t116 238,285 62,872 SH   SOLE 0 62,872 0 0
Targa Resources Corp COM 87612g101 3,036,235 73,074 SH   SOLE 0 73,074 0 0
Teekay Corp CONV BOND 87900YAD5 734,470 1,000,000 PRN   SOLE 0 1,000,000 0 0
3M COM 88579y101 3,965,274 19,084 SH   SOLE 0 19,084 0 0
Titan Machinery CONV BOND 88830RAB7 2,275,274 2,312,000 PRN   SOLE 0 2,312,000 0 0
Two River Bancorp COM 90207c105 935,674 59,033 SH   SOLE 0 59,033 0 0
UnitedHealth Group COM 91324p102 4,778,300 19,325 SH   SOLE 0 19,325 0 0
Uniti Group COM 91325v108 390,027 34,855 SH   SOLE 0 34,855 0 0
Verizon Communications COM 92343v104 1,248,766 21,119 SH   SOLE 0 21,119 0 0
Visa COM 92826c839 2,969,016 19,009 SH   SOLE 0 19,009 0 0
Western Midstream Partners COM 95825r103 2,895,312 92,325 SH   SOLE 0 92,325 0 0
Wintrust Financial COM 97650w108 1,868,206 27,747 SH   SOLE 0 27,747 0 0
WPX Energy COM 98212b103 70,069 5,345 SH   SOLE 0 5,345 0 0
Aircastle LTD COM g0129k104 1,565,341 77,339 SH   SOLE 0 77,339 0 0
Bunge CONV PREF g16962204 1,941,192 19,608 SH   SOLE 0 19,608 0 0
Seagate Technology COM G7945M107 9,578 200 SH   SOLE 0 200 0 0
Genco Shipping & Trading COM y2685t131 153,642 20,595 SH   SOLE 0 20,595 0 0
Navios Maritime Containers COM y62151108 928 388 SH   SOLE 0 388 0 0
Navios Maritime Acquisition COM y62159101 4,618 733 SH   SOLE 0 733 0 0
Navios Maritime Holdings COM y62196103 41,719 17,529 SH   SOLE 0 17,529 0 0
Navios Maritime Partners COM y62267102 119,149 130,919 SH   SOLE 0 130,919 0 0
Teekay LNG Partners COM y8564m105 2,392,837 159,949 SH   SOLE 0 159,949 0 0
Teekay COM y8564w103 483,077 123,234 SH   SOLE 0 123,234 0 0
Teekay Offshore Partners COM y8565j101 11,108 9,257 SH   SOLE 0 9,257 0 0
Teekay Tankers COM y8565n102 9,798 10,100 SH   SOLE 0 10,100 0 0