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 3,405 1,500 SH   SOLE 0 1,500 0 0
Aceto Corporation COM 004446100 65,863 658,630 SH   SOLE 0 658,630 0 0
American Express COM 025816109 2,216,094 18,736 SH   SOLE 0 18,736 0 0
Apollo Global Management COM 037612306 227,676 6,020 SH   SOLE 0 6,020 0 0
Apple COM 037833100 4,629,019 20,668 SH   SOLE 0 20,668 0 0
Astrazeneca COM 046353108 22,285 500 SH   SOLE 0 500 0 0
BB&T Corporation COM 054937107 105,139 1,970 SH   SOLE 0 1,970 0 0
Bank of America COM 060505104 1,191,390 40,843 SH   SOLE 0 40,843 0 0
Bank of America CONV PREF 060505682 43,477 29 SH   SOLE 0 29 0 0
Berkshire Hills Bancorp COM 084680107 153,450 5,239 SH   SOLE 0 5,239 0 0
Boeing COM 097023105 7,455,310 19,595 SH   SOLE 0 19,595 0 0
Caterpillar COM 149123101 2,366,544 18,736 SH   SOLE 0 18,736 0 0
Central Valley Community Bancorp COM 155685100 503,703 24,752 SH   SOLE 0 24,752 0 0
Chesapeake Energy COM 165167107 7,379 5,233 SH   SOLE 0 5,233 0 0
Chesapeake Energy CONV PREF 165167768 17,190 45 SH   SOLE 0 45 0 0
Chevron Corporation COM 166764100 2,754,751 23,227 SH   SOLE 0 23,227 0 0
Choiceone Financial Services COM 170386106 18,994 634 SH   SOLE 0 634 0 0
Citigroup COM 172967424 1,444,256 20,907 SH   SOLE 0 20,907 0 0
Citizens Financial Group COM 174610105 574,373 16,239 SH   SOLE 0 16,239 0 0
Citizens Community Bancorp COM 174903104 1,249,890 112,908 SH   SOLE 0 112,908 0 0
Civista Bancshares COM 178867107 1,383,549 63,670 SH   SOLE 0 63,670 0 0
Cleveland-Cliffs COM 185899101 791,023 109,560 SH   SOLE 0 109,560 0 0
Coca-Cola COM 191216100 1,079,219 19,824 SH   SOLE 0 19,824 0 0
Codorus Bancorp COM 192025104 951,043 40,887 SH   SOLE 0 40,887 0 0
Cowen CONV PREF 223622507 2,758,024 3,215 SH   SOLE 0 3,215 0 0
Walt Disney COM 254687106 2,524,115 19,369 SH   SOLE 0 19,369 0 0
Dow Inc COM 260557103 954,576 20,033 SH   SOLE 0 20,033 0 0
El Pollo Loco Holdings COM 268603107 913,352 83,335 SH   SOLE 0 83,335 0 0
Enterprise Products Partners COM 293792107 3,175,524 111,110 SH   SOLE 0 111,110 0 0
Equitrans Midstream COM 294600101 369,716 25,410 SH   SOLE 0 25,410 0 0
EZCORP Inc COM 302301106 19,785 3,065 SH   SOLE 0 3,065 0 0
F.N.B. Corporation COM 302520101 150,859 13,084 SH   SOLE 0 13,084 0 0
Federal Agricultural Mortgage COM 313148306 20,415 250 SH   SOLE 0 250 0 0
Freddie Mac PREF STK 313400640 1,753,260 146,105 SH   SOLE 0 146,105 0 0
Fannie Mae PREF STK 313586752 26,700 2,000 SH   SOLE 0 2,000 0 0
Fifth Third Bancorp COM 316773100 308,710 11,275 SH   SOLE 0 11,275 0 0
First Bancshares COM 318916103 1,678,825 51,976 SH   SOLE 0 51,976 0 0
First Community Corp COM 319835104 1,156,625 59,375 SH   SOLE 0 59,375 0 0
The First Financial Corp COM 320218100 418,404 9,625 SH   SOLE 0 9,625 0 0
Ford Motor COM 345370860 22,847 2,494 SH   SOLE 0 2,494 0 0
FreightCar America COM 357023100 236,341 48,730 SH   SOLE 0 48,730 0 0
General Electric COM 369604103 130,419 14,588 SH   SOLE 0 14,588 0 0
Genesis Energy COM 371927104 2,160,956 100,650 SH   SOLE 0 100,650 0 0
Groupon COM 399473107 997,500 375,000 SH   SOLE 0 375,000 0 0
Hancock Whitney Corporation COM 410120109 295,293 7,711 SH   SOLE 0 7,711 0 0
Haverty Furniture Company COM 419596101 1,002,453 49,455 SH   SOLE 0 49,455 0 0
Hawaiian Holdings COM 419879101 33,639 1,281 SH   SOLE 0 1,281 0 0
Hawthorn Bancshares COM 420476103 631,781 26,512 SH   SOLE 0 26,512 0 0
Hess Midstream Partners COM 428104103 1,421,561 73,809 SH   SOLE 0 73,809 0 0
Home Depot COM 437076102 4,524,390 19,500 SH   SOLE 0 19,500 0 0
Intel Corporation COM 458140100 1,128,249 21,895 SH   SOLE 0 21,895 0 0
IBM COM 459200101 2,800,062 19,255 SH   SOLE 0 19,255 0 0
iShares Barclays TIPS Bond COM 464287176 200,067 1,720 SH   SOLE 0 1,720 0 0
iShares MSCI Emerging Markets Index COM 464287234 311,225 7,615 SH   SOLE 0 7,615 0 0
iShares MSCI EAFE Index Fund COM 464287465 5,231,733 80,229 SH   SOLE 0 80,229 0 0
iShares DJ US Financial Sector COM 464287788 614,557 4,774 SH   SOLE 0 4,774 0 0
Johnson & Johnson COM 478160104 2,717,886 21,007 SH   SOLE 0 21,007 0 0
Lannett Company COM 516012101 593,634 53,003 SH   SOLE 0 53,003 0 0
MDC Holdings COM 552676108 1,551,298 35,993 SH   SOLE 0 35,993 0 0
MVB Financial COM 553810102 1,041,351 52,461 SH   SOLE 0 52,461 0 0
Magellan Midstream Partners LP COM 559080106 4,755,270 71,756 SH   SOLE 0 71,756 0 0
McDermott International COM 580037703 90,714 44,908 SH   SOLE 0 44,908 0 0
McDonald's COM 580135101 4,250,184 19,795 SH   SOLE 0 19,795 0 0
Microsoft COM 594918104 2,947,487 21,200 SH   SOLE 0 21,200 0 0
MidWest One Financial COM 598511103 456,091 14,944 SH   SOLE 0 14,944 0 0
NMI Holdings COM 629209305 2,044,288 77,848 SH   SOLE 0 77,848 0 0
Nike COM 654106103 1,755,834 18,695 SH   SOLE 0 18,695 0 0
Old National Bancorp COM 680033107 1,237,395 71,921 SH   SOLE 0 71,921 0 0
ONEOK COM 682680103 5,554,922 75,382 SH   SOLE 0 75,382 0 0
Opus Bank COM 684000102 851,316 39,105 SH   SOLE 0 39,105 0 0
Pacwest Bancorp COM 695263103 346,684 9,540 SH   SOLE 0 9,540 0 0
Parke Bancorp COM 700885106 1,074,648 48,364 SH   SOLE 0 48,364 0 0
Peoples Bancorp of NC COM 710577107 1,219,269 41,039 SH   SOLE 0 41,039 0 0
Pfizer COM 717081103 932,060 25,941 SH   SOLE 0 25,941 0 0
Phillips 66 Partners COM 718549207 2,639,887 46,625 SH   SOLE 0 46,625 0 0
Plains All American Pipeline COM 726503105 175,296 8,448 SH   SOLE 0 8,448 0 0
Pricesmart COM 741511109 7,110 100 SH   SOLE 0 100 0 0
Procter & Gamble COM 742718109 2,550,536 20,506 SH   SOLE 0 20,506 0 0
Schwab Short-Term U.S. Treasury ETF COM 808524862 15,177 300 SH   SOLE 0 300 0 0
Shell Midstream Partners COM 822634101 1,664,712 81,404 SH   SOLE 0 81,404 0 0
Southern National Bancorp of Virginia COM 843395104 1,191,108 77,395 SH   SOLE 0 77,395 0 0
SunTrust Banks COM 867914103 680,949 9,898 SH   SOLE 0 9,898 0 0
Superior Industries COM 868168105 190,837 66,034 SH   SOLE 0 66,034 0 0
Timberland Bancorp COM 887098101 27,500 1,000 SH   SOLE 0 1,000 0 0
Toll Brothers COM 889478103 8,210 200 SH   SOLE 0 200 0 0
Turtle Beach COM 900450206 1,054,116 90,327 SH   SOLE 0 90,327 0 0
Unisys Corp COM 909214306 624,863 84,100 SH   SOLE 0 84,100 0 0
United Bancshares COM 909458101 898,439 44,877 SH   SOLE 0 44,877 0 0
United Technologies COM 913017109 2,552,241 18,695 SH   SOLE 0 18,695 0 0
Wal-Mart COM 931142103 2,304,172 19,415 SH   SOLE 0 19,415 0 0
Walgreens Boots Alliance COM 931427108 1,034,020 18,695 SH   SOLE 0 18,695 0 0
Westlake Chemical Partners COM 960417103 542,352 23,337 SH   SOLE 0 23,337 0 0
Williams Companies COM 969457100 3,982,763 165,535 SH   SOLE 0 165,535 0 0
Zions Bancorp COM 989701107 624,660 14,031 SH   SOLE 0 14,031 0 0
Zions Bancorp WARRANT 989701115 135,677 11,368 SH   SOLE 0 11,368 0 0
Argan Inc COM 04010e109 1,070,849 27,255 SH   SOLE 0 27,255 0 0
Travelers Companies COM 89417e109 2,809,646 18,896 SH   SOLE 0 18,896 0 0
A T & T COM 00206r102 212,509 5,616 SH   SOLE 0 5,616 0 0
Aceto Corp CONV BOND 004446AD2 3,729,600 3,885,000 PRN   SOLE 0 3,885,000 0 0
Alaska Communications COM 01167p101 1,030,719 599,255 SH   SOLE 0 599,255 0 0
Alliance Resource Partners COM 01877r108 3,388,853 211,671 SH   SOLE 0 211,671 0 0
American Airlines Group COM 02376R102 418,008 15,499 SH   SOLE 0 15,499 0 0
AmeriServ Financial COM 03074a102 715,526 172,832 SH   SOLE 0 172,832 0 0
Antero Midstream COM 03673l103 2,534,912 342,556 SH   SOLE 0 342,556 0 0
Arcbest Corp COM 03937c105 889,292 29,205 SH   SOLE 0 29,205 0 0
Atlas Air Worldwide CONV BOND 049164BH8 1,608,990 1,810,000 PRN   SOLE 0 1,810,000 0 0
BOK Financial COM 05561q201 176,513 2,230 SH   SOLE 0 2,230 0 0
BP Midstream Partners COM 0556EL109 1,225,889 83,965 SH   SOLE 0 83,965 0 0
Banc of California COM 05990k106 2,724,063 192,649 SH   SOLE 0 192,649 0 0
Carlyle Group COM 14309l102 199,496 7,805 SH   SOLE 0 7,805 0 0
Chesapeake Energy CONV BOND 165167CY1 1,917,975 3,210,000 PRN   SOLE 0 3,210,000 0 0
Cisco Systems COM 17275r102 972,191 19,676 SH   SOLE 0 19,676 0 0
Contura Energy COM 21241b100 792,330 28,338 SH   SOLE 0 28,338 0 0
Contura Energy WARRANT 21241b118 388,178 51,757 SH   SOLE 0 51,757 0 0
DR Horton COM 23331a109 13,178 250 SH   SOLE 0 250 0 0
Delek Logistics COM 24664t103 1,859,064 59,414 SH   SOLE 0 59,414 0 0
EOG Resources COM 26875p101 18,555 250 SH   SOLE 0 250 0 0
EQT Midstream Partners COM 26885b100 2,179,586 66,654 SH   SOLE 0 66,654 0 0
Eagle Bancorp Montana COM 26942g100 850,203 48,583 SH   SOLE 0 48,583 0 0
Encore Capital Group CONV BOND 292554AH5 2,066,031 2,125,000 PRN   SOLE 0 2,125,000 0 0
Energy Transfer COM 29273v100 2,151,169 164,462 SH   SOLE 0 164,462 0 0
EnLink Midstream COM 29336t100 2,578,952 303,406 SH   SOLE 0 303,406 0 0
Essa Bancorp COM 29667d104 1,171,912 71,371 SH   SOLE 0 71,371 0 0
EZCorp Inc CONV BOND 302301AE6 1,411,011 1,766,000 PRN   SOLE 0 1,766,000 0 0
EZCorp Inc CONV BOND 302301AF3 267,455 280,000 PRN   SOLE 0 280,000 0 0
Exxon Mobil COM 30231g102 1,569,237 22,224 SH   SOLE 0 22,224 0 0
1st Constitution Bancorp COM 31986n102 199,575 10,644 SH   SOLE 0 10,644 0 0
First United Corp COM 33741h107 1,581,712 71,896 SH   SOLE 0 71,896 0 0
First US Bancshares COM 33744v103 409,789 45,786 SH   SOLE 0 45,786 0 0
GNC Holdings CONV BOND 36191GAB3 3,044,698 3,290,000 PRN   SOLE 0 3,290,000 0 0
General Motors COM 37045v100 14,992 400 SH   SOLE 0 400 0 0
Global Eagle Entertainment CONV BOND 37951DAB8 888,029 1,880,000 PRN   SOLE 0 1,880,000 0 0
Goldman Sachs COM 38141g104 3,951,876 19,070 SH   SOLE 0 19,070 0 0
Greenbriar Co CONV BOND 393657AK7 1,685,289 1,765,000 PRN   SOLE 0 1,765,000 0 0
HMN Financial COM 40424g108 1,086,228 47,475 SH   SOLE 0 47,475 0 0
Homestreet COM 43785u102 585,331 21,425 SH   SOLE 0 21,425 0 0
Horizon Global CONV BOND 44052WAA2 1,792,406 2,260,000 PRN   SOLE 0 2,260,000 0 0
Iridium Communications COM 46269c102 71,799 3,374 SH   SOLE 0 3,374 0 0
iShares 0-5 Yr High Yield Corporate Bond COM 46434v407 3,017,666 64,910 SH   SOLE 0 64,910 0 0
JPMorgan Chase COM 46625h100 2,676,977 22,746 SH   SOLE 0 22,746 0 0
JP Morgan Chase Alerian ETN COM 46625h365 5,003 215 SH   SOLE 0 215 0 0
KKR & Co COM 48248m102 183,251 6,825 SH   SOLE 0 6,825 0 0
Kimball Electronics COM 49428j109 1,131,272 77,965 SH   SOLE 0 77,965 0 0
Kinder Morgan COM 49456b101 978,789 47,491 SH   SOLE 0 47,491 0 0
LGI Homes COM 50187t106 1,329,454 15,956 SH   SOLE 0 15,956 0 0
MPLX COM 55336v100 3,823,254 136,496 SH   SOLE 0 136,496 0 0
Macquarie Infrastructure CONV BOND 55608BAB1 1,813,806 2,000,000 PRN   SOLE 0 2,000,000 0 0
Macy's COM 55616p104 6,216 400 SH   SOLE 0 400 0 0
Merck COM 58933y105 1,715,168 20,375 SH   SOLE 0 20,375 0 0
Meritage Homes COM 59001a102 7,035 100 SH   SOLE 0 100 0 0
MutualFirst Financial COM 62845b104 933,964 29,631 SH   SOLE 0 29,631 0 0
NGL Energy Partners COM 62913M107 4,292,038 308,558 SH   SOLE 0 308,558 0 0
PDL Biopharma CONV BOND 69329YAG9 2,069,733 2,170,000 PRN   SOLE 0 2,170,000 0 0
PDL Biopharma CONV BOND 69329YAJ3 930,625 1,000,000 PRN   SOLE 0 1,000,000 0 0
Paypal Holdings COM 70450y103 10,359 100 SH   SOLE 0 100 0 0
Peoples Financial Corp COM 71103b102 878,253 81,622 SH   SOLE 0 81,622 0 0
Plains GP Holdings COM 72651a207 1,352,159 63,691 SH   SOLE 0 63,691 0 0
Premier Financial Bancorp COM 74050m105 1,351,818 78,731 SH   SOLE 0 78,731 0 0
QCR Holdings COM 74727a104 3,802,443 100,117 SH   SOLE 0 100,117 0 0
QEP Resources COM 74733v100 5,550 1,500 SH   SOLE 0 1,500 0 0
Pyxus International COM 74737v106 2,616 200 SH   SOLE 0 200 0 0
SB Financial Group COM 78408d105 2,924,909 174,987 SH   SOLE 0 174,987 0 0
SPDR S&P 600 Small Cap Value ETF COM 78464a300 189,906 3,100 SH   SOLE 0 3,100 0 0
SPDR Dow Jones Industrial Average COM 78467x109 10,452,303 38,830 SH   SOLE 0 38,830 0 0
Sandridge Energy WARRANT 80007p125 6 4,028 SH   SOLE 0 4,028 0 0
SandRidge Energy COM 80007p869 430,943 91,690 SH   SOLE 0 91,690 0 0
Financial Sector SPDR COM 81369y105 44,800 1,600 SH   SOLE 0 1,600 0 0
SemGroup Corp COM 81663a105 35,343 2,163 SH   SOLE 0 2,163 0 0
Sterling Bancorp COM 85917a100 499,313 24,891 SH   SOLE 0 24,891 0 0
Summit Financial Group COM 86606g101 2,643,449 103,260 SH   SOLE 0 103,260 0 0
Sunpower Corp CONV BOND 867652AJ8 1,361,955 1,470,000 PRN   SOLE 0 1,470,000 0 0
Sunpower Corp CONV BOND 867652AL3 904,590 1,000,000 PRN   SOLE 0 1,000,000 0 0
Synaptics CONV BOND 87157DAD1 1,482,254 1,585,000 PRN   SOLE 0 1,585,000 0 0
Talos Energy COM 87484t108 883,643 43,465 SH   SOLE 0 43,465 0 0
Talos Energy WARRANT 87484t116 65,731 67,472 SH   SOLE 0 67,472 0 0
Targa Resources Corp COM 87612g101 2,910,688 72,459 SH   SOLE 0 72,459 0 0
Teekay Corp CONV BOND 87900YAE3 807,680 1,000,000 PRN   SOLE 0 1,000,000 0 0
3M Co COM 88579y101 3,094,830 18,825 SH   SOLE 0 18,825 0 0
Tutor Perini Corp CONV BOND 901109AD0 1,987,069 2,089,000 PRN   SOLE 0 2,089,000 0 0
Two River Bancorp COM 90207c105 1,161,809 56,045 SH   SOLE 0 56,045 0 0
UnitedHealth Group COM 91324p102 4,153,420 19,112 SH   SOLE 0 19,112 0 0
Uniti Group COM 91325v108 270,649 34,855 SH   SOLE 0 34,855 0 0
Verizon Communications COM 92343v104 1,273,173 21,093 SH   SOLE 0 21,093 0 0
Visa COM 92826c839 3,221,747 18,730 SH   SOLE 0 18,730 0 0
Western Midstream Partners COM 95825r103 2,207,494 88,690 SH   SOLE 0 88,690 0 0
Wintrust Financial COM 97650w108 1,793,289 27,747 SH   SOLE 0 27,747 0 0
WPX Energy COM 98212b103 56,600 5,345 SH   SOLE 0 5,345 0 0
Aircastle LTD COM g0129k104 1,678,930 74,852 SH   SOLE 0 74,852 0 0
Bunge Ltd CONV PREF g16962204 1,929,242 18,983 SH   SOLE 0 18,983 0 0
Seagate Technology COM G7945M107 10,758 200 SH   SOLE 0 200 0 0
Genco Shipping WARRANT y2685t123 129 2,155 SH   SOLE 0 2,155 0 0
Genco Shipping COM y2685t131 182,983 19,889 SH   SOLE 0 19,889 0 0
Navios Maritime Acquisition COM y62159101 4,933 733 SH   SOLE 0 733 0 0
Navios Maritime Holdings COM y62196103 113,174 23,529 SH   SOLE 0 23,529 0 0
Navios Maritime Partners COM y62267102 154,748 8,728 SH   SOLE 0 8,728 0 0
Teekay LNG Partners COM y8564m105 2,129,318 155,994 SH   SOLE 0 155,994 0 0
Teekay Inc COM y8564w103 88,260 22,065 SH   SOLE 0 22,065 0 0
Teekay Offshore Partners COM y8565j101 10,738 9,257 SH   SOLE 0 9,257 0 0
Teekay Tankers COM y8565n102 13,130 10,100 SH   SOLE 0 10,100 0 0
Provident Financial Holdings COM 743868101 25,938 1,250 SH   SOLE 0 1,250 0 0