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
DORIAN LPG LTD COM Y2106R110 242 25,775 SH   OTR 1 0 25,775 0
STEALTHGAS INC SHS Y81669106 1,743 493,769 SH   OTR 1 0 493,769 0
STEALTHGAS INC SHS Y81669106 45 12,850 SH   SOLE N/A 0 12,850 0
ADVANCED ENERGY INDS COM 007973100 880 25,305 SH   OTR 1 0 25,305 0
ADVANCED ENERGY INDS COM 007973100 185 5,325 SH   SOLE N/A 0 5,325 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 2,719 163,105 SH   OTR 1 0 163,105 0
AMREP CORP NEW COM 032159105 3,113 707,415 SH   OTR 1 0 707,415 0
AMREP CORP NEW COM 032159105 35 8,030 SH   SOLE N/A 0 8,030 0
APPLE INC COM 037833100 233 2,140 SH   SOLE N/A 0 2,140 0
ATWOOD OCEANICS INC COM 050095108 6,466 705,106 SH   OTR 1 0 705,106 0
ATWOOD OCEANICS INC COM 050095108 475 51,752 SH   SOLE N/A 0 51,752 0
BALDWIN & LYONS INC CL A 057755100 406 17,452 SH   OTR 1 0 17,452 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1 7 SH   SOLE N/A 0 7 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 965 6,802 SH   OTR 1 0 6,802 0
BMC STOCK HOLDINGS INC COM 05591B109 96,096 5,781,941 SH   OTR 1 0 5,781,941 0
BUILDERS FIRSTSOURCE INC COM 12008R107 19,868 1,762,950 SH   OTR 1 0 1,762,950 0
BUILDERS FIRSTSOURCE INC COM 12008R107 1,004 89,044 SH   SOLE N/A 0 89,044 0
CANADIAN NAT RES LTD COM 136385101 6,443 238,620 SH   OTR 1 0 238,620 0
CANADIAN NAT RES LTD COM 136385101 881 32,629 SH   SOLE N/A 0 32,629 0
CAVCO INDS INC DEL COM 149568107 14,893 159,351 SH   OTR 1 0 159,351 0
CAVCO INDS INC DEL COM 149568107 1,202 12,857 SH   SOLE N/A 0 12,857 0
CGG SPONS ADR 12531Q105 25 30,845 SH   OTR 1 0 30,845 0
CGG SPONS ADR 12531Q105 7 8,923 SH   SOLE N/A 0 8,923 0
CPI AEROSTRUCTURES INC COM NEW 125919308 226 30,843 SH   OTR 1 0 30,843 0
CSI COMPRESSCO LP COM UNIT 12367A103 147 25,600 SH   OTR 1 0 25,600 0
CSI COMPRESSCO LP COM UNIT 12367A103 10 1,820 SH   SOLE N/A 0 1,820 0
DAWSON GEOPHYSICAL CO COM 239359102 43 9,312 SH   SOLE N/A 0 9,312 0
DAWSON GEOPHYSICAL CO COM 239360100 62 13,533 SH   OTR 1 0 13,533 0
ERA GROUP INC COM 26885G109 217 23,082 SH   OTR 1 0 23,082 0
ERA GROUP INC COM 26885G109 8 840 SH   SOLE N/A 0 840 0
EXTERRAN CORPORATION COM 30227H106 132 8,545 SH   OTR 1 0 8,545 0
EXTERRAN CORPORATION COM 30227H106 50 3,250 SH   SOLE N/A 0 3,250 0
GAMESTOP CORP NEW CL A 36467W109 902 28,437 SH   OTR 1 0 28,437 0
GIBRALTAR INDS INC COM 374689107 4,474 156,443 SH   OTR 1 0 156,443 0
HALLADOR ENERGY COMPANY COM 40609P105 152 33,256 SH   OTR 1 0 33,256 0
HALLADOR ENERGY COMPANY COM 40609P105 114 24,984 SH   SOLE N/A 0 24,984 0
HELMERICH & PAYNE INC COM 423452101 3,278 55,822 SH   OTR 1 0 55,822 0
HELMERICH & PAYNE INC COM 423452101 76 1,294 SH   SOLE N/A 0 1,294 0
INSTEEL INDUSTRIES INC COM 45774W108 5,668 185,418 SH   OTR 1 0 185,418 0
JOY GLOBAL INC COM 481165108 1,015 63,161 SH   OTR 1 0 63,161 0
JOY GLOBAL INC COM 481165108 4 253 SH   SOLE N/A 0 253 0
LEUCADIA NATL CORP COM 527288104 9,729 601,660 SH   OTR 1 0 601,660 0
LEUCADIA NATL CORP COM 527288104 319 19,718 SH   SOLE N/A 0 19,718 0
LINCOLN ELEC HLDGS INC COM 533900106 5,998 102,405 SH   OTR 1 0 102,405 0
LINCOLN ELEC HLDGS INC COM 533900106 10 175 SH   SOLE N/A 0 175 0
LIQUIDITY SERVICES INC COM 53635B107 1,534 296,050 SH   OTR 1 0 296,050 0
LIQUIDITY SERVICES INC COM 53635B107 82 14,050 SH   SOLE N/A 0 14,050 0
LSB INDS INC COM 502160104 21,917 1,718,959 SH   OTR 1 0 1,718,959 0
LSB INDS INC COM 502160104 376 29,473 SH   SOLE N/A 0 29,473 0
MERCK & CO INC NEW COM 58933Y105 212 4,000 SH   OTR 1 0 4,000 0
METHODE ELECTRONICS INC COM 591520200 6,441 220,270 SH   OTR 1 0 220,270 0
MOBILE MINI INC COM 60740F105 556 16,840 SH   OTR 1 0 16,840 0
MOBILE MINI INC COM 60740F105 27 820 SH   SOLE N/A 0 820 0
NATIONAL WESTN LIFE INS CO CL A 638517102 431 1,869 SH   OTR 1 0 1,869 0
NATIONAL WESTN LIFE INS CO CL A 638522102 34 146 SH   SOLE N/A 0 146 0
NORBORD INC COM NEW 65548P403 8,272 414,859 SH   OTR 1 0 414,859 0
NORBORD INC COM NEW 65548P403 174 8,707 SH   SOLE N/A 0 8,707 0
OMNOVA SOLUTIONS INC COM 682129101 6,895 1,240,164 SH   OTR 1 0 1,240,164 0
OMNOVA SOLUTIONS INC COM 682129101 25 4,550 SH   SOLE N/A 0 4,550 0
PANHANDLE OIL AND GAS INC CL A 698477106 12,025 694,690 SH   OTR 1 0 694,690 0
PANHANDLE OIL AND GAS INC CL A 698477106 1,896 109,528 SH   SOLE N/A 0 109,528 0
PHI INC COM VTG 69336T106 205 10,860 SH   OTR 1 0 10,860 0
PICO HLDGS INC COM NEW 693366205 2,124 207,635 SH   OTR 1 0 207,635 0
PICO HLDGS INC COM NEW 693366205 71 6,915 SH   SOLE N/A 0 6,915 0
PRICESMART INC COM 741511109 470 5,553 SH   OTR 1 0 5,553 0
PRICESMART INC COM 741511109 4 45 SH   SOLE N/A 0 45 0
RADNET INC COM 750491102 2,053 425,150 SH   OTR 1 0 425,150 0
RADNET INC COM 750491102 44 9,075 SH   SOLE N/A 0 9,075 0
RUBY TUESDAY INC COM 781182100 209 38,900 SH   OTR 1 0 38,900 0
RUBY TUESDAY INC COM 781182100 0 25 SH   SOLE N/A 0 25 0
SEACOR HOLDINGS INC COM 811904101 4,247 77,996 SH   OTR 1 0 77,996 0
SEACOR HOLDINGS INC COM 811904101 84 1,550 SH   SOLE N/A 0 1,550 0
SENECA FOODS CORP NEW CL A 817070501 1,201 34,576 SH   OTR 1 0 34,576 0
SENECA FOODS CORP NEW CL A 817070501 8 240 SH   SOLE N/A 0 240 0
SKYLINE CORP COM 830830105 599 64,700 SH   OTR 1 0 64,700 0
SPARK NETWORKS INC COM 84651P100 692 311,850 SH   OTR 1 0 311,850 0
TIDEWATER INC COM 886423102 151 22,170 SH   SOLE N/A 0 22,170 0
U M H PROPERTIES INC COM 903002103 5,470 551,414 SH   OTR 1 0 551,414 0
U M H PROPERTIES INC COM 903002103 156 15,750 SH   SOLE N/A 0 15,750 0
WESTLAKE CHEM CORP COM 960413102 3,388 73,170 SH   OTR 1 0 73,170 0
WESTLAKE CHEM CORP COM 960413102 117 2,535 SH   SOLE N/A 0 2,535 0
WPX ENERGY INC COM 98212B103 411 58,850 SH   OTR 1 0 58,850 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 1,704 326,414 SH   OTR 1 0 326,414 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 13 2,500 SH   SOLE N/A 0 2,500 0