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
AEGON N V NY REGISTRY SH 007924103 41,749 6,492,921 SH   SOLE 0 6,492,921 0 0
ALLERGAN PLC SHS G0177J108 50,686 266,098 SH   SOLE 0 266,098 0 0
ALLY FINL INC COM 02005N100 16,565 626,293 SH   SOLE 0 626,293 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 24,441 1,521,865 SH   SOLE 0 1,521,865 0 0
AMERICAN EXPRESS CO COM 025816109 31,504 295,844 SH   SOLE 0 295,844 0 0
ANDERSONS INC COM 034164103 3,185 84,590 SH   SOLE 0 84,590 0 0
APPLE INC COM 037833100 332 1,471 SH   SOLE 0 1,471 0 0
ARDAGH GROUP S A CL A L0223L101 7,074 423,819 SH   SOLE 0 423,819 0 0
ARDMORE SHIPPING CORP COM Y0207T100 4,087 628,844 SH   SOLE 0 628,844 0 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 10,900 260,768 SH   SOLE 0 260,768 0 0
AT&T INC COM 00206R102 304 9,063 SH   SOLE 0 9,063 0 0
AUTONATION INC COM 05329W102 28,007 674,046 SH   SOLE 0 674,046 0 0
AUTOZONE INC COM 053332102 39,430 50,832 SH   SOLE 0 50,832 0 0
BANK AMER CORP COM 060505104 276 9,361 SH   SOLE 0 9,361 0 0
BANK NEW YORK MELLON CORP COM 064058100 18,999 372,598 SH   SOLE 0 372,598 0 0
BAUSCH HEALTH COS INC COM 071734107 31,604 1,231,160 SH   SOLE 0 1,231,160 0 0
BEACON ROOFING SUPPLY INC COM 073685109 13,848 382,659 SH   SOLE 0 382,659 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 10,880 34 SH   SOLE 0 34 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 62,290 290,925 SH   SOLE 0 290,925 0 0
BLACKROCK LTD DURATION INC T COM SHS 09249W101 6,910 464,076 SH   SOLE 0 464,076 0 0
BRIGHTHOUSE FINL INC COM 10922N103 8,577 193,878 SH   SOLE 0 193,878 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 25,704 577,233 SH   SOLE 0 577,233 0 0
CAMPING WORLD HLDGS INC CL A 13462K109 16,130 756,566 SH   SOLE 0 756,566 0 0
CENTRAL VALLEY CMNTY BANCORP COM 155685100 12,603 583,202 SH   SOLE 0 583,202 0 0
CHEMOURS CO COM 163851108 24,673 625,581 SH   SOLE 0 625,581 0 0
CHEVRON CORP NEW COM 166764100 209 1,706 SH   SOLE 0 1,706 0 0
CINCINNATI BELL INC NEW COM NEW 171871502 11,271 706,674 SH   SOLE 0 706,674 0 0
CNA FINL CORP COM 126117100 47,114 1,032,066 SH   SOLE 0 1,032,066 0 0
CNO FINL GROUP INC COM 12621E103 6,934 326,747 SH   SOLE 0 326,747 0 0
COLFAX CORP COM 194014106 6,582 182,525 SH   SOLE 0 182,525 0 0
COLONY CAP INC NEW CL A COM 19626G108 60,999 10,016,269 SH   SOLE 0 10,016,269 0 0
COMCAST CORP NEW CL A 20030N101 13,032 368,040 SH   SOLE 0 368,040 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107 34,878 2,674,728 SH   SOLE 0 2,674,728 0 0
CROWN HOLDINGS INC COM 228368106 43,778 912,049 SH   SOLE 0 912,049 0 0
DARLING INGREDIENTS INC COM 237266101 17,559 908,860 SH   SOLE 0 908,860 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 6,455 322,762 SH   SOLE 0 322,762 0 0
DISCOVERY INC COM SER C 25470F302 69,085 2,335,526 SH   SOLE 0 2,335,526 0 0
DORIAN LPG LTD SHS USD Y2106R110 3,561 446,792 SH   SOLE 0 446,792 0 0
EXXON MOBIL CORP COM 30231G102 228 2,686 SH   SOLE 0 2,686 0 0
FRANKLIN STREET PPTYS CORP COM 35471R106 12,788 1,600,453 SH   SOLE 0 1,600,453 0 0
GABELLI GLB SML & MD CP VAL COM 36249W104 843 69,096 SH   SOLE 0 69,096 0 0
GRAMERCY PPTY TR COM NEW 385002308 22,334 813,939 SH   SOLE 0 813,939 0 0
GREAT LAKES DREDGE & DOCK CO COM 390607109 11,063 1,784,317 SH   SOLE 0 1,784,317 0 0
GREEN PLAINS INC COM 393222104 24,114 1,401,956 SH   SOLE 0 1,401,956 0 0
ISHARES TR CORE S&P SCP ETF 464287804 371 4,250 SH   SOLE 0 4,250 0 0
ISHARES TR NASDAQ BIOTECH 464287556 10,868 89,124 SH   SOLE 0 89,124 0 0
ISHARES TR RUS 2000 VAL ETF 464287630 480 3,610 SH   SOLE 0 3,610 0 0
ISHARES TR RUS MDCP VAL ETF 464287473 702 7,775 SH   SOLE 0 7,775 0 0
ISHARES TR RUS MID CAP ETF 464287499 1,817 8,240 SH   SOLE 0 8,240 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 613 3,635 SH   SOLE 0 3,635 0 0
ISHARES TR S&P MC 400GR ETF 464287606 541 2,322 SH   SOLE 0 2,322 0 0
ISTAR INC COM 45031U101 23,703 2,122,029 SH   SOLE 0 2,122,029 0 0
ITERIS INC COM 46564T107 553 102,751 SH   SOLE 0 102,751 0 0
JBG SMITH PPTYS COM 46590V100 22,562 612,587 SH   SOLE 0 612,587 0 0
JEFFERIES FINL GROUP INC COM 47233W109 39,773 1,811,165 SH   SOLE 0 1,811,165 0 0
JOHNSON & JOHNSON COM 478160104 411 2,974 SH   SOLE 0 2,974 0 0
JPMORGAN CHASE & CO COM 46625H100 48,864 433,040 SH   SOLE 0 433,040 0 0
KCAP FINL INC COM 48668E101 8,446 2,551,707 SH   SOLE 0 2,551,707 0 0
KIMCO RLTY CORP COM 49446R109 65,024 3,884,355 SH   SOLE 0 3,884,355 0 0
KROGER CO COM 501044101 26,456 908,812 SH   SOLE 0 908,812 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 380 4,511 SH   SOLE 0 4,511 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 36 1,248 SH   SOLE 0 1,248 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 11,547 410,037 SH   SOLE 0 410,037 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128 14,004 678,835 SH   SOLE 0 678,835 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 401 9,219 SH   SOLE 0 9,219 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C FRMLA 531229854 206 5,544 SH   SOLE 0 5,544 0 0
LOEWS CORP COM 540424108 27,002 537,571 SH   SOLE 0 537,571 0 0
MERCK & CO INC COM 58933Y105 3,073 43,322 SH   SOLE 0 43,322 0 0
METLIFE INC COM 59156R108 36,026 771,104 SH   SOLE 0 771,104 0 0
MICROSOFT CORP COM 594918104 642 5,616 SH   SOLE 0 5,616 0 0
NAVISTAR INTL CORP NEW NOTE 4.500%10/1 63934EAQ1 7,753 7,777,000 SH   SOLE 0 7,777,000 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 20,279 1,955,555 SH   SOLE 0 1,955,555 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 14,705 180,646 SH   SOLE 0 180,646 0 0
NII HLDGS INC COM PAR 62913F508 173 29,481 SH   SOLE 0 29,481 0 0
NN INC COM 629337106 15,641 1,002,643 SH   SOLE 0 1,002,643 0 0
NORTHSTAR REALTY EUROPE CORP COM 66706L101 23,067 1,628,998 SH   SOLE 0 1,628,998 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 17,234 2,162,306 SH   SOLE 0 2,162,306 0 0
NUVEEN GLOBAL HIGH INCOME FD SHS 67075G103 12,722 816,047 SH   SOLE 0 816,047 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P108 23,555 4,748,922 SH   SOLE 0 4,748,922 0 0
OAKTREE STRATEGIC INCOME COR COM 67402D104 4,118 476,090 SH   SOLE 0 476,090 0 0
OLD NATL BANCORP IND COM 680033107 19,716 1,021,557 SH   SOLE 0 1,021,557 0 0
OWENS ILL INC COM NEW 690768403 45,491 2,421,026 SH   SOLE 0 2,421,026 0 0
PARK OHIO HLDGS CORP COM 700666100 25,305 659,850 SH   SOLE 0 659,850 0 0
PBF ENERGY INC CL A 69318G106 23,167 464,181 SH   SOLE 0 464,181 0 0
PENSKE AUTOMOTIVE GRP INC COM 70959W103 25,832 545,093 SH   SOLE 0 545,093 0 0
PEOPLES BANCORP INC COM 709789101 12,009 342,822 SH   SOLE 0 342,822 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 13,932 735,970 SH   SOLE 0 735,970 0 0
PLATFORM SPECIALTY PRODS COR COM 72766Q105 22,588 1,811,354 SH   SOLE 0 1,811,354 0 0
PROSPECT CAPITAL CORPORATION NOTE 4.750% 4/1 74348TAQ5 28 28,000 SH   SOLE 0 28,000 0 0
PROSPERITY BANCSHARES INC COM 743606105 12,625 182,045 SH   SOLE 0 182,045 0 0
REDWOOD TR INC COM 758075402 20,187 1,243,053 SH   SOLE 0 1,243,053 0 0
REDWOOD TR INC NOTE 4.750% 8/1 758075AC9 577 599,000 SH   SOLE 0 599,000 0 0
RENEWABLE ENERGY GROUP INC COM NEW 75972A301 13,734 476,875 SH   SOLE 0 476,875 0 0
RENEWABLE ENERGY GROUP INC NOTE 2.750% 6/1 75972AAA1 49,890 23,176,000 SH   SOLE 0 23,176,000 0 0
RESOLUTE FST PRODS INC COM 76117W109 1,680 129,728 SH   SOLE 0 129,728 0 0
RITE AID CORP COM 767754104 8,899 6,952,000 SH   SOLE 0 6,952,000 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 2,218 211,040 SH   SOLE 0 211,040 0 0
RUSH ENTERPRISES INC CL A 781846209 6,113 155,510 SH   SOLE 0 155,510 0 0
RUSH ENTERPRISES INC CL B 781846308 15,622 391,624 SH   SOLE 0 391,624 0 0
SEABOARD CORP COM 811543107 20,483 5,521 SH   SOLE 0 5,521 0 0
SEACOR HOLDINGS INC COM 811904101 3,827 77,459 SH   SOLE 0 77,459 0 0
SEACOR MARINE HLDGS INC COM 78413P101 19,847 877,040 SH   SOLE 0 877,040 0 0
SIERRA BANCORP COM 82620P102 11,437 395,742 SH   SOLE 0 395,742 0 0
SUPERVALU INC COM NEW 868536301 14,843 460,675 SH   SOLE 0 460,675 0 0
TEGNA INC COM 87901J105 24,521 2,050,254 SH   SOLE 0 2,050,254 0 0
TELEPHONE & DATA SYS INC COM NEW 879433829 19,743 648,809 SH   SOLE 0 648,809 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 9,793 1,600,122 SH   SOLE 0 1,600,122 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 16,823 591,098 SH   SOLE 0 591,098 0 0
TENNECO INC COM 880349105 17,754 421,316 SH   SOLE 0 421,316 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 20,040 930,370 SH   SOLE 0 930,370 0 0
TIER REIT INC COM NEW 88650V208 24,767 1,027,697 SH   SOLE 0 1,027,697 0 0
TRAVELERS COMPANIES INC COM 89417E109 21,402 165,000 SH   SOLE 0 165,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 30,441 267,617 SH   SOLE 0 267,617 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 492 6,100 SH   SOLE 0 6,100 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 42,336 792,961 SH   SOLE 0 792,961 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 18,628 858,419 SH   SOLE 0 858,419 0 0
VORNADO RLTY TR SH BEN INT 929042109 14,711 201,517 SH   SOLE 0 201,517 0 0
WASHINGTON PRIME GROUP NEW COM 93964W108 36,887 5,052,971 SH   SOLE 0 5,052,971 0 0
WELLS FARGO CO NEW COM 949746101 9,936 189,042 SH   SOLE 0 189,042 0 0
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 13,564 932,231 SH   SOLE 0 932,231 0 0
WESTROCK CO COM 96145D105 23,083 431,945 SH   SOLE 0 431,945 0 0
WIDEOPENWEST INC COM 96758W101 28,259 2,520,906 SH   SOLE 0 2,520,906 0 0