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
ALLERGAN PLC COM G0177J108 478 2,500 SH   SOLE 0 2,500 0 0
STEALTHGAS INC COM Y81669106 2,401 700,000 SH   SOLE 0 700,000 0 0
ALICO INC COM 016230104 3,046 85,000 SH   SOLE 0 85,000 0 0
BARNES & NOBLE ED INC COM 06777U101 6,192 1,450,000 SH   SOLE 0 1,450,000 0 0
CORNING INC COM 219350105 26,199 900,000 SH   SOLE 0 900,000 0 0
CORTEVA INC COM 22052L104 296 10,000 SH   SOLE 0 10,000 0 0
DOW INC COM 260557103 274 5,000 SH   SOLE 0 5,000 0 0
DUPONT DE NEMOURS INC COM 26614N102 642 10,000 SH   SOLE 0 10,000 0 0
ELEMENT SOLUTIONS INC COM 28618M106 292 25,000 SH   SOLE 0 25,000 0 0
EMMIS COMMUNICATIONS CORP COM 291525400 645 160,000 SH   SOLE 0 160,000 0 0
GYRODYNE LLC COM 403829104 1,913 101,500 SH   SOLE 0 101,500 0 0
IMEDIA BRANDS INC COM COM 452465206 336 84,171 SH   SOLE 0 84,171 0 0
LANDS END INC NEW COM 51509F105 9,240 550,000 SH   SOLE 0 550,000 0 0
MACERICH CO COM COM 554382101 269 10,000 SH   SOLE 0 10,000 0 0
REALNETWORKS INC COM 75605L708 90 75,000 SH   SOLE 0 75,000 0 0
SAGA COMMUNICATIONS INC COM 786598300 35,568 1,170,000 SH   SOLE 0 1,170,000 0 0
SANOFI RIGHT 12/31/2020 RTS 80105N113 181 210,000 SH   SOLE 0 210,000 0 0
TEJON RANCH CO COM 879080109 59,126 3,700,000 SH   SOLE 0 3,700,000 0 0
WALGREENS BOOTS ALLIANCE INC COM COM 931427108 1,179 20,000 SH   SOLE 0 20,000 0 0