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 359 5,325 SH   SOLE N/A 5,325 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 2,473 131,535 SH   OTR 1 131,535 0 0
AMREP CORP NEW COM 032159105 4,831 688,150 SH   OTR 1 688,150 0 0
AMREP CORP NEW COM 032159105 64 9,358 SH   SOLE N/A 9,358 0 0
AVNET INC COM 053807103 277 7,000 SH   OTR 1 7,000 0 0
BBX CAPITAL CORP CL A 05491N104 5,137 644,486 SH   OTR 1 644,486 0 0
BBX CAPITAL CORP CL A 05491N104 156 19,579 SH   SOLE N/A 19,579 0 0
BELDEN INC COM 077454106 270 3,500 SH   OTR 1 3,500 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 853 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 57,048 2,254,875 SH   OTR 1 2,254,875 0 0
BMC STOCK HOLDINGS INC COM 05591B109 1,859 73,487 SH   SOLE N/A 73,487 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 44,278 2,032,014 SH   OTR 1 2,032,014 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 2,504 114,919 SH   SOLE N/A 114,919 0 0
CANADIAN NAT RES LTD COM 136385101 6,684 187,110 SH   OTR 1 187,110 0 0
CANADIAN NAT RES LTD COM 136385101 1,029 28,794 SH   SOLE N/A 28,794 0 0
CAVCO INDS INC DEL COM 149568107 20,667 135,432 SH   OTR 1 135,432 0 0
CAVCO INDS INC DEL COM 149568107 1,104 7,232 SH   SOLE N/A 7,232 0 0
CSI COMPRESSCO LP COM UNIT 12367A103 167 30,500 SH   OTR 1 30,500 0 0
CSI COMPRESSCO LP COM UNIT 12367A103 10 1,820 SH   SOLE N/A 1,820 0 0
CUMMINS INC COM 231021106 155 880 SH   OTR 1 880 0 0
CUMMINS INC COM 231021106 127 720 SH   SOLE N/A 720 0 0
DANA HOLDING CORP COM 235825205 3,131 97,825 SH   OTR 1 97,825 0 0
DAWSON GEOPHYSICAL CO COM 239360100 1,061 213,533 SH   OTR 1 213,533 0 0
DAWSON GEOPHYSICAL CO COM 239360100 38 7,552 SH   SOLE N/A 7,552 0 0
DIAMOND HILL INVESTMENT GROUP COM 25264R207 289 1,400 SH   OTR 1 1,400 0 0
DORIAN LPG LTD COM Y2106R110 2,618 318,472 SH   OTR 1 318,472 0 0
DORIAN LPG LTD COM Y2106R110 2 233 SH   SOLE N/A 233 0 0
ENSCO PLC SHS CLASS A G3157S106 11,454 1,938,117 SH   OTR 1 1,938,117 0 0
ENSCO PLC SHS CLASS A G3157S106 655 110,903 SH   SOLE N/A 110,903 0 0
EXTERRAN CORPORATION COM 30227H106 11,511 366,122 SH   OTR 1 366,122 0 0
EXTERRAN CORPORATION COM 30227H106 83 2,650 SH   SOLE N/A 2,650 0 0
FRANCESCA HLDGS CORP COM 351793104 2,726 372,950 SH   OTR 1 372,950 0 0
GIBRALTAR INDS INC COM 374689107 3,192 96,716 SH   OTR 1 96,716 0 0
GRAY TELEVISION INC COM 389375106 335 20,000 SH   OTR 1 20,000 0 0
HALLADOR ENERGY COMPANY COM 40609P105 190 31,256 SH   OTR 1 31,256 0 0
HALLADOR ENERGY COMPANY COM 40609P105 71 11,663 SH   SOLE N/A 11,663 0 0
HELIX ENERGY SOLUTIONS GROUP INC COM 42330P107 92 12,250 SH   OTR 1 12,250 0 0
HELMERICH & PAYNE INC COM 423452101 4,755 73,559 SH   OTR 1 73,559 0 0
HELMERICH & PAYNE INC COM 423452101 55 854 SH   SOLE N/A 854 0 0
INSTEEL INDUSTRIES INC COM 45774W108 6,708 236,878 SH   OTR 1 236,878 0 0
INSTEEL INDUSTRIES INC COM 45774W108 2 75 SH   SOLE N/A 75 0 0
LEUCADIA NATL CORP COM 527288104 14,833 559,948 SH   OTR 1 559,948 0 0
LEUCADIA NATL CORP COM 527288104 465 17,568 SH   SOLE N/A 17,568 0 0
LIBERTY INTERACTIVE CORP LBT VEN COM A NE 53071M856 407 7,500 SH   OTR 1 7,500 0 0
LINCOLN ELEC HLDGS INC COM 533900106 8,920 97,401 SH   OTR 1 97,401 0 0
LINCOLN ELEC HLDGS INC COM 533900106 16 175 SH   SOLE N/A 175 0 0
LIQUIDITY SERVICES INC COM 53635B107 4 750 SH   OTR 1 750 0 0
LIQUIDITY SERVICES INC COM 53635B107 56 11,475 SH   SOLE N/A 11,475 0 0
LSB INDS INC COM 502160104 19,418 2,216,633 SH   OTR 1 2,216,633 0 0
LSB INDS INC COM 502160104 322 36,723 SH   SOLE N/A 36,723 0 0
METHODE ELECTRONICS INC COM 591520200 8,554 213,315 SH   OTR 1 213,315 0 0
NATIONAL WESTN LIFE INS CO CL A 638517102 304 918 SH   OTR 1 918 0 0
NATIONAL WESTN LIFE INS CO CL A 638517102 43 130 SH   SOLE N/A 130 0 0
NIKE INC CL B 654106103 1,564 25,000 SH   OTR 1 25,000 0 0
NORBORD INC COM NEW 65548P403 14,579 431,206 SH   OTR 1 431,206 0 0
NORBORD INC COM NEW 65548P403 263 7,759 SH   SOLE N/A 7,759 0 0
OMNOVA SOLUTIONS INC COM 682129101 10,258 1,025,814 SH   OTR 1 1,025,814 0 0
OMNOVA SOLUTIONS INC COM 682129101 46 4,550 SH   SOLE N/A 4,550 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 13,755 669,367 SH   OTR 1 669,367 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 1,733 84,313 SH   SOLE N/A 84,313 0 0
PICO HLDGS INC COM NEW 693366205 2,792 218,095 SH   OTR 1 218,095 0 0
PICO HLDGS INC COM NEW 693366205 70 5,440 SH   SOLE N/A 5,440 0 0
PIONEER NAT RES CO COM 723787107 216 1,250 SH   OTR 1 1,250 0 0
PIONEER NAT RES CO COM 723787107 0 0 SH   SOLE N/A 0 0 0
PLAINS ALL AMERICAN PIPELINE LP UNIT LTD PARTN 726503105 41 2,000 SH   SOLE N/A 2,000 0 0
PRECISION DRILLING CORP COM 2010 74022D308 3 1,000 SH   OTR 1 1,000 0 0
PRECISION DRILLING CORP COM 2010 74022D308 0 125 SH   SOLE N/A 125 0 0
PRICESMART INC COM 741511109 478 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 8,467 838,313 SH   OTR 1 838,313 0 0
RADNET INC COM 750491102 70 6,975 SH   SOLE N/A 6,975 0 0
SEACOR HOLDINGS INC COM 811904101 3,880 83,936 SH   OTR 1 83,936 0 0
SEACOR HOLDINGS INC COM 811904101 49 1,070 SH   SOLE N/A 1,070 0 0
SEACOR MARINE HOLDINGS INC COM 78413P101 603 51,506 SH   OTR 1 51,506 0 0
SEACOR MARINE HOLDINGS INC COM 78413P101 11 982 SH   SOLE N/A 982 0 0
SENECA FOODS CORP NEW CL A 817070501 231 7,525 SH   OTR 1 7,525 0 0
SENECA FOODS CORP NEW CL A 817070501 7 240 SH   SOLE N/A 240 0 0
SKYLINE CORP COM 830830105 1,482 115,300 SH   OTR 1 115,300 0 0
SPARK NETWORKS SE SPONSORED ADR 846517100 1,076 85,096 SH   OTR 1 85,096 0 0
STARBUCKS CORP COM 855244109 2,872 50,000 SH   OTR 1 50,000 0 0
STEALTHGAS INC SHS Y81669106 3,493 801,185 SH   OTR 1 801,185 0 0
STEALTHGAS INC SHS Y81669106 44 10,000 SH   SOLE N/A 10,000 0 0
TECHNIPFMC PLC COM G87110105 3,933 125,605 SH   OTR 1 125,605 0 0
TIDEWATER INC COM 88642R109 15,097 618,746 SH   OTR 1 618,746 0 0
TIDEWATER INC COM 88642R109 18 736 SH   SOLE N/A 736 0 0
TIDEWATER INC *W EXP 07/31/202 88642R117 670 281,631 SH   OTR 1 281,631 0 0
TIDEWATER INC *W EXP 07/31/202 88642R117 3 1,195 SH   SOLE N/A 1,195 0 0
TIDEWATER INC *W EXP 07/31/202 88642R125 631 303,521 SH   OTR 1 303,521 0 0
TIDEWATER INC *W EXP 07/31/202 88642R125 3 1,292 SH   SOLE N/A 1,292 0 0
TIMKEN CO COM 887389104 335 6,810 SH   OTR 1 6,810 0 0
U M H PROPERTIES INC COM 903002103 7,356 493,684 SH   OTR 1 493,684 0 0
U M H PROPERTIES INC COM 903002103 198 13,300 SH   SOLE N/A 13,300 0 0
WESTERN DIGITAL CORP COM 958102105 4,480 56,334 SH   OTR 1 56,334 0 0
WESTLAKE CHEM CORP COM 960413102 28,241 265,100 SH   OTR 1 265,100 0 0
WESTLAKE CHEM CORP COM 960413102 227 2,135 SH   SOLE N/A 2,135 0 0
WHITE MOUNTAINS INSURANCE GROUP LTD COM G9618E107 277 325 SH   OTR 1 325 0 0
WPX ENERGY INC COM 98212B103 585 41,550 SH   OTR 1 41,550 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 965 226,631 SH   OTR 1 226,631 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 11 2,500 SH   SOLE N/A 2,500 0 0