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
ADVANCED ENERGY INDS COM 007973100 430 5,325 SH   SOLE N/A 5,325 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 1,900 132,880 SH   OTR 1 132,880 0 0
AMREP CORP NEW COM 032159105 4,756 698,440 SH   OTR 1 698,440 0 0
AMREP CORP NEW COM 032159105 58 8,579 SH   SOLE N/A 8,579 0 0
ANALOGIC CORP COM 032657207 251 3,000 SH   OTR 1 3,000 0 0
ATWOOD OCEANICS INC COM 050095108 11,443 1,218,592 SH   OTR 1 1,218,592 0 0
ATWOOD OCEANICS INC COM 050095108 653 69,547 SH   SOLE N/A 69,547 0 0
AVNET INC COM 053807103 334 8,500 SH   OTR 1 8,500 0 0
BBX CAPITAL CORP CL A 05491N104 4,872 661,059 SH   OTR 1 661,059 0 0
BBX CAPITAL CORP CL A 05491N104 230 31,210 SH   SOLE N/A 31,210 0 0
BELDEN INC COM 077454106 282 3,500 SH   OTR 1 3,500 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 789 4,302 SH   OTR 1 4,302 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 1 7 SH   SOLE N/A 7 0 0
BMC STOCK HOLDINGS INC COM 05591B109 60,173 2,818,425 SH   OTR 1 2,818,425 0 0
BMC STOCK HOLDINGS INC COM 05591B109 1,594 74,662 SH   SOLE N/A 74,662 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 36,747 2,042,639 SH   OTR 1 2,042,639 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 2,138 118,819 SH   SOLE N/A 118,819 0 0
CANADIAN NAT RES LTD COM 136385101 6,255 186,770 SH   OTR 1 186,770 0 0
CANADIAN NAT RES LTD COM 136385101 973 29,059 SH   SOLE N/A 29,059 0 0
CAVCO INDS INC DEL COM 149568107 20,105 136,261 SH   OTR 1 136,261 0 0
CAVCO INDS INC DEL COM 149568107 1,067 7,232 SH   SOLE N/A 7,232 0 0
COSTAMARE INC SHS Y1771G102 155 25,000 SH   OTR 1 25,000 0 0
CSI COMPRESSCO LP COM UNIT 12367A103 159 30,500 SH   OTR 1 30,500 0 0
CSI COMPRESSCO LP COM UNIT 12367A103 9 1,820 SH   SOLE N/A 1,820 0 0
CUMMINS INC COM 231021106 148 880 SH   OTR 1 880 0 0
CUMMINS INC COM 231021106 149 885 SH   SOLE N/A 885 0 0
DANA HOLDING CORP COM 235825205 2,735 97,825 SH   OTR 1 97,825 0 0
DAWSON GEOPHYSICAL CO COM 239360100 967 213,533 SH   OTR 1 213,533 0 0
DAWSON GEOPHYSICAL CO COM 239360100 42 9,312 SH   SOLE N/A 9,312 0 0
DORIAN LPG LTD COM Y2106R110 2,046 300,000 SH   OTR 1 300,000 0 0
EXTERRAN CORPORATION COM 30227H106 11,634 368,052 SH   OTR 1 368,052 0 0
EXTERRAN CORPORATION COM 30227H106 100 3,150 SH   SOLE N/A 3,150 0 0
GIBRALTAR INDS INC COM 374689107 3,173 101,848 SH   OTR 1 101,848 0 0
HALLADOR ENERGY COMPANY COM 40609P105 179 31,256 SH   OTR 1 31,256 0 0
HALLADOR ENERGY COMPANY COM 40609P105 75 13,133 SH   SOLE N/A 13,133 0 0
HELIX ENERGY SOLUTIONS GROUP INC COM 42330P107 259 35,000 SH   OTR 1 35,000 0 0
HELMERICH & PAYNE INC COM 423452101 3,861 74,094 SH   OTR 1 74,094 0 0
HELMERICH & PAYNE INC COM 423452101 67 1,294 SH   SOLE N/A 1,294 0 0
INSTEEL INDUSTRIES INC COM 45774W108 6,210 237,828 SH   OTR 1 237,828 0 0
INSTEEL INDUSTRIES INC COM 45774W108 2 75 SH   SOLE N/A 75 0 0
LEUCADIA NATL CORP COM 527288104 14,352 568,405 SH   OTR 1 568,405 0 0
LEUCADIA NATL CORP COM 527288104 489 19,377 SH   SOLE N/A 19,377 0 0
LIBERTY INTERACTIVE CORP LBT VEN COM A NE 53071M856 403 7,000 SH   OTR 1 7,000 0 0
LINCOLN ELEC HLDGS INC COM 533900106 8,943 97,541 SH   OTR 1 97,541 0 0
LINCOLN ELEC HLDGS INC COM 533900106 16 175 SH   SOLE N/A 175 0 0
LIQUIDITY SERVICES INC COM 53635B107 0 0 SH   OTR 1 0 0 0
LIQUIDITY SERVICES INC COM 53635B107 76 12,800 SH   SOLE N/A 12,800 0 0
LSB INDS INC COM 502160104 17,681 2,226,773 SH   OTR 1 2,226,773 0 0
LSB INDS INC COM 502160104 310 39,083 SH   SOLE N/A 39,083 0 0
METHODE ELECTRONICS INC COM 591520200 9,053 213,755 SH   OTR 1 213,755 0 0
NATIONAL WESTN LIFE INS CO CL A 638517102 337 965 SH   OTR 1 965 0 0
NATIONAL WESTN LIFE INS CO CL A 638517102 51 146 SH   SOLE N/A 146 0 0
NORBORD INC COM NEW 65548P403 16,446 431,430 SH   OTR 1 431,430 0 0
NORBORD INC COM NEW 65548P403 327 8,576 SH   SOLE N/A 8,576 0 0
OMNOVA SOLUTIONS INC COM 682129101 11,221 1,024,714 SH   OTR 1 1,024,714 0 0
OMNOVA SOLUTIONS INC COM 682129101 50 4,550 SH   SOLE N/A 4,550 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 15,980 671,449 SH   OTR 1 671,449 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 1,997 83,888 SH   SOLE N/A 83,888 0 0
PICO HLDGS INC COM NEW 693366205 3,722 222,850 SH   OTR 1 222,850 0 0
PICO HLDGS INC COM NEW 693366205 113 6,790 SH   SOLE N/A 6,790 0 0
PIONEER NAT RES CO COM 723787107 184 1,250 SH   OTR 1 1,250 0 0
PIONEER NAT RES CO COM 723787107 22 150 SH   SOLE N/A 150 0 0
PRICESMART INC COM 741511109 496 5,553 SH   OTR 1 5,553 0 0
PRICESMART INC COM 741511109 0 0 SH   SOLE N/A 0 0 0
RADNET INC COM 750491102 9,680 838,063 SH   OTR 1 838,063 0 0
RADNET INC COM 750491102 103 8,875 SH   SOLE N/A 8,875 0 0
SEACOR HOLDINGS INC COM 811904101 3,861 83,741 SH   OTR 1 83,741 0 0
SEACOR HOLDINGS INC COM 811904101 70 1,525 SH   SOLE N/A 1,525 0 0
SEACOR MARINE HOLDINGS INC COM 78413P101 1,252 80,069 SH   OTR 1 80,069 0 0
SEACOR MARINE HOLDINGS INC COM 78413P101 24 1,528 SH   SOLE N/A 1,528 0 0
SENECA FOODS CORP NEW CL A 817070501 282 8,188 SH   OTR 1 8,188 0 0
SENECA FOODS CORP NEW CL A 817070501 8 240 SH   SOLE N/A 240 0 0
SKYLINE CORP COM 830830105 1,394 115,300 SH   OTR 1 115,300 0 0
SPARK NETWORKS INC COM 84651P100 382 313,025 SH   OTR 1 313,025 0 0
STEALTHGAS INC SHS Y81669106 2,655 802,185 SH   OTR 1 802,185 0 0
STEALTHGAS INC SHS Y81669106 41 12,450 SH   SOLE N/A 12,450 0 0
TIDEWATER INC COM 88642R109 17,457 600,298 SH   OTR 1 600,298 0 0
TIDEWATER INC COM 88642R109 21 736 SH   SOLE N/A 736 0 0
TIMKEN CO COM 887389104 357 7,360 SH   OTR 1 7,360 0 0
U M H PROPERTIES INC COM 903002103 7,694 494,794 SH   OTR 1 494,794 0 0
U M H PROPERTIES INC COM 903002103 242 15,550 SH   SOLE N/A 15,550 0 0
WESTERN DIGITAL CORP COM 958102105 4,881 56,494 SH   OTR 1 56,494 0 0
WESTLAKE CHEM CORP COM 960413102 22,141 266,468 SH   OTR 1 266,468 0 0
WESTLAKE CHEM CORP COM 960413102 202 2,435 SH   SOLE N/A 2,435 0 0
WHITE MOUNTAINS INSURANCE GROUP LTD COM G9618E107 279 325 SH   OTR 1 325 0 0
WORLD FUEL SERVICES CORP COM 981475106 237 7,000 SH   OTR 1 7,000 0 0
WPX ENERGY INC COM 98212B103 535 46,500 SH   OTR 1 46,500 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 1,442 301,609 SH   OTR 1 301,609 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 12 2,500 SH   SOLE N/A 2,500 0 0