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 2,294 325,401 SH   OTR 1 325,401 0 0
STEALTHGAS INC SHS Y81669106 2,342 619,619 SH   OTR 1 619,619 0 0
STEALTHGAS INC SHS Y81669106 47 12,450 SH   SOLE N/A 12,450 0 0
ADVANCED ENERGY INDS COM 007973100 202 5,325 SH   SOLE N/A 5,325 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 2,502 157,045 SH   OTR 1 157,045 0 0
AMREP CORP NEW COM 032159105 3,497 710,834 SH   OTR 1 710,834 0 0
AMREP CORP NEW COM 032159105 38 7,770 SH   SOLE N/A 7,770 0 0
APPLE INC COM 037833100 205 2,140 SH   SOLE N/A 2,140 0 0
ATWOOD OCEANICS INC COM 050095108 14,707 1,174,651 SH   OTR 1 1,174,651 0 0
ATWOOD OCEANICS INC COM 050095108 647 51,702 SH   SOLE N/A 51,702 0 0
BMC STOCK HOLDINGS INC COM 05591B109 56,589 3,175,585 SH   OTR 1 3,175,585 0 0
BALDWIN & LYONS INC CL A 057755100 401 17,146 SH   OTR 1 17,146 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 1 7 SH   SOLE N/A 7 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 755 5,212 SH   OTR 1 5,212 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 23,155 2,058,232 SH   OTR 1 2,058,232 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 998 88,744 SH   SOLE N/A 88,744 0 0
CSI COMPRESSCO LP COM UNIT 12367A103 209 25,600 SH   OTR 1 25,600 0 0
CSI COMPRESSCO LP COM UNIT 12367A103 15 1,820 SH   SOLE N/A 1,820 0 0
CGG SPONS ADR 12531Q105 28 39,845 SH   OTR 1 39,845 0 0
CGG SPONS ADR 12531Q105 6 8,883 SH   SOLE N/A 8,883 0 0
CPI AEROSTRUCTURES INC COM NEW 125919308 167 27,093 SH   OTR 1 27,093 0 0
CANADIAN NAT RES LTD COM 136385101 6,939 225,085 SH   OTR 1 225,085 0 0
CANADIAN NAT RES LTD COM 136385101 946 30,679 SH   SOLE N/A 30,679 0 0
CAVCO INDS INC DEL COM 149568107 16,618 177,356 SH   OTR 1 177,356 0 0
CAVCO INDS INC DEL COM 149568107 1,004 10,717 SH   SOLE N/A 10,717 0 0
DANA HOLDING CORP COM 235825205 2,063 195,325 SH   OTR 1 195,325 0 0
DAWSON GEOPHYSICAL CO COM 239360100 110 13,533 SH   OTR 1 13,533 0 0
DAWSON GEOPHYSICAL CO COM 239359102 76 9,312 SH   SOLE N/A 9,312 0 0
EXTERRAN CORPORATION COM 30227H106 5,850 455,229 SH   OTR 1 455,229 0 0
EXTERRAN CORPORATION COM 30227H106 40 3,150 SH   SOLE N/A 3,150 0 0
GIBRALTAR INDS INC COM 374689107 4,587 145,293 SH   OTR 1 145,293 0 0
HALLADOR ENERGY COMPANY COM 40609P105 149 32,291 SH   OTR 1 32,291 0 0
HALLADOR ENERGY COMPANY COM 40609P105 61 13,133 SH   SOLE N/A 13,133 0 0
HELMERICH & PAYNE INC COM 423452101 4,248 63,282 SH   OTR 1 63,282 0 0
HELMERICH & PAYNE INC COM 423452101 87 1,294 SH   SOLE N/A 1,294 0 0
INSTEEL INDUSTRIES INC COM 45774W108 5,461 190,998 SH   OTR 1 190,998 0 0
JOY GLOBAL INC COM 481165108 452 21,386 SH   OTR 1 21,386 0 0
JOY GLOBAL INC COM 481165108 4 205 SH   SOLE N/A 205 0 0
LSB INDS INC COM 502160104 21,687 1,795,314 SH   OTR 1 1,795,314 0 0
LSB INDS INC COM 502160104 354 29,273 SH   SOLE N/A 29,273 0 0
LEUCADIA NATL CORP COM 527288104 10,634 613,612 SH   OTR 1 613,612 0 0
LEUCADIA NATL CORP COM 527288104 329 18,977 SH   SOLE N/A 18,977 0 0
LINCOLN ELEC HLDGS INC COM 533900106 6,055 102,490 SH   OTR 1 102,490 0 0
LINCOLN ELEC HLDGS INC COM 533900106 10 175 SH   SOLE N/A 175 0 0
LIQUIDITY SERVICES INC COM 53635B107 3,086 393,569 SH   OTR 1 393,569 0 0
LIQUIDITY SERVICES INC COM 53635B107 100 12,800 SH   SOLE N/A 12,800 0 0
METHODE ELECTRONICS INC COM 591520200 7,536 220,145 SH   OTR 1 220,145 0 0
MOBILE MINI INC COM 60740F105 212 6,120 SH   OTR 1 6,120 0 0
MOBILE MINI INC COM 60740F105 27 770 SH   SOLE N/A 770 0 0
NATIONAL WESTN LIFE INS CO CL A 638517102 192 984 SH   OTR 1 984 0 0
NATIONAL WESTN LIFE INS CO CL A 638522102 29 146 SH   SOLE N/A 146 0 0
NORBORD INC COM NEW 65548P403 8,123 411,913 SH   OTR 1 411,913 0 0
NORBORD INC COM NEW 65548P403 169 8,576 SH   SOLE N/A 8,576 0 0
OMNOVA SOLUTIONS INC COM 682129101 8,105 1,117,914 SH   OTR 1 1,117,914 0 0
OMNOVA SOLUTIONS INC COM 682129101 33 4,550 SH   SOLE N/A 4,550 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 11,311 678,540 SH   OTR 1 678,540 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 1,430 85,778 SH   SOLE N/A 85,778 0 0
PICO HLDGS INC COM NEW 693366205 2,185 231,015 SH   OTR 1 231,015 0 0
PICO HLDGS INC COM NEW 693366205 64 6,790 SH   SOLE N/A 6,790 0 0
PIONEER NAT RES CO COM 723787107 189 1,250 SH   OTR 1 1,250 0 0
PIONEER NAT RES CO COM 723787107 23 150 SH   SOLE N/A 150 0 0
PRICESMART INC COM 741511109 520 5,553 SH   OTR 1 5,553 0 0
PRICESMART INC COM 741511109 4 45 SH   SOLE N/A 45 0 0
RADNET INC COM 750491102 2,433 455,700 SH   OTR 1 455,700 0 0
RADNET INC COM 750491102 47 8,775 SH   SOLE N/A 8,775 0 0
RUBY TUESDAY INC COM 781182100 60 16,575 SH   OTR 1 16,575 0 0
RUBY TUESDAY INC COM 781182100 0 25 SH   SOLE N/A 25 0 0
SEACOR HOLDINGS INC COM 811904101 5,069 87,476 SH   OTR 1 87,476 0 0
SEACOR HOLDINGS INC COM 811904101 88 1,525 SH   SOLE N/A 1,525 0 0
SENECA FOODS CORP NEW CL A 817070501 668 18,451 SH   OTR 1 18,451 0 0
SENECA FOODS CORP NEW CL A 817070501 9 240 SH   SOLE N/A 240 0 0
SKYLINE CORP COM 830830105 608 64,700 SH   OTR 1 64,700 0 0
SPARK NETWORKS INC COM 84651P100 507 320,600 SH   OTR 1 320,600 0 0
TIDEWATER INC COM 886423102 4,425 1,003,300 SH   OTR 1 1,003,300 0 0
TIDEWATER INC COM 886423102 98 22,170 SH   SOLE N/A 22,170 0 0
U M H PROPERTIES INC COM 903002103 5,825 517,789 SH   OTR 1 517,789 0 0
U M H PROPERTIES INC COM 903002103 175 15,550 SH   SOLE N/A 15,550 0 0
WESTERN DIGITAL CORP COM 958102105 2,704 57,205 SH   OTR 1 57,205 0 0
WESTLAKE CHEM CORP COM 960413102 11,565 269,445 SH   OTR 1 269,445 0 0
WESTLAKE CHEM CORP COM 960413102 105 2,435 SH   SOLE N/A 2,435 0 0
WPX ENERGY INC COM 98212B103 533 57,250 SH   OTR 1 57,250 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 2,699 423,080 SH   OTR 1 423,080 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 16 2,500 SH   SOLE N/A 2,500 0 0