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
AIR TRANSPORT SERVICES GRP I COM 00922R105 35,551 1,944,786 SH   SOLE   1,944,786 0 0
ALLERGAN PLC SHS G0177J108 23,576 133,121 SH   SOLE   133,121 0 0
AMAZON COM INC COM 023135106 1,560 800 SH   SOLE   800 0 0
CENTURY CASINOS INC COM 156492100 1,174 487,324 SH   SOLE   487,324 0 0
CINCINNATI BELL INC NEW PFD CV DEP1/20 171871403 1,952 44,316 SH   SOLE   44,316 0 0
CRAFT BREW ALLIANCE INC COM 224122101 542 36,355 SH   SOLE   36,355 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 2,904 124,524 SH   SOLE   124,524 0 0
DISH NETWORK CORPORATION NOTE 3.375% 8/1 25470MAB5 8,829 10,875,000 PRN   SOLE   10,875,000 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 1,096 31,935 SH   SOLE   31,935 0 0
FORESCOUT TECHNOLOGIES INC COM 34553D101 5,318 168,342 SH   SOLE   168,342 0 0
GOGO INC NOTE 6.000% 5/1 38046CAD1 22,713 32,257,000 PRN   SOLE   32,257,000 0 0
HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 2,179 255,485 SH   SOLE   255,485 0 0
LIBERTY MEDIA CORP DEL COM C BRAVES GRP 531229888 455 23,887 SH   SOLE   23,887 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 163 10,000 SH   SOLE   10,000 0 0
MELLANOX TECHNOLOGIES LTD SHS M51363113 3,657 30,144 SH   SOLE   30,144 0 0
NAM TAI PPTY INC SHS G63907102 1,117 203,064 SH   SOLE   203,064 0 0
NETSOL TECHNOLOGIES INC COM PAR $.001 64115A402 2,831 1,132,290 SH   SOLE   1,132,290 0 0
RED LION HOTELS CORP COM 756764106 1,848 1,265,802 SH   SOLE   1,265,802 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 11,545 44,790 SH   SOLE   44,790 0 0
STAR GROUP L P UNIT LTD PARTNR 85512C105 16,281 2,114,426 SH   SOLE   2,114,426 0 0
STARS GROUP INC COM 85570W100 23,505 1,151,100 SH   SOLE   1,151,100 0 0
TALLGRASS ENERGY LP CLASS A SHS 874696107 706 42,900 SH   SOLE   42,900 0 0
TIFFANY & CO NEW COM 886547108 12,499 96,516 SH   SOLE   96,516 0 0
TOWER SEMICONDUCTOR LTD SHS NEW M87915274 1,576 99,023 SH   SOLE   99,023 0 0
VECTOR GROUP LTD FRNT 4/1 92240MBC1 33,226 33,293,000 PRN   SOLE   33,293,000 0 0
VERSO CORP CL A 92531L207 6,214 550,889 SH   SOLE   550,889 0 0
VIAD CORP COM NEW 92552R406 17,610 829,505 SH   SOLE   829,505 0 0