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
AMDOCS LTD SHS CS G02602103 7,791 143,992 SH   SOLE   143,992 0 0
AMERISOURCEBERGEN CORP COM CS 03073E105 8,679 109,144 SH   SOLE   109,144 0 0
BANK NEW YORK MELLON CORP COM CS 064058100 5,354 106,169 SH   SOLE   106,169 0 0
BERKSHIRE HATHAWAY CLASS B CS 084670702 11,903 59,249 SH   SOLE   59,249 0 0
BIO RAD LABS INC CL A CS 090572207 1,216 3,979 SH   SOLE   3,979 0 0
BONANZA CREEK ENERGY INC COM N CS 097793400 2,009 88,562 SH   SOLE   88,562 0 0
CABOT OIL & GAS CORP COM CS 127097103 11,141 426,855 SH   SOLE   426,855 0 0
CHEESECAKE FACTORY INC COM CS 163072101 6,203 126,795 SH   SOLE   126,795 0 0
CISCO SYS INC COM CS 17275R102 3,457 64,039 SH   SOLE   64,039 0 0
CONSOLIDATED TOMOKA LD CO COM CS 210226106 5,132 86,907 SH   SOLE   86,907 0 0
CRAWFORD & CO CL B CS 224633107 471 51,610 SH   SOLE   51,610 0 0
CRAWFORD & COMPANY - CL A CS 224633206 2,371 256,595 SH   SOLE   256,595 0 0
CUBIC CORP COM CS 229669106 1,254 22,293 SH   SOLE   22,293 0 0
DISCOVERY INC COM SER C CS 25470F302 1,705 67,082 SH   SOLE   67,082 0 0
DOLLAR GEN CORP NEW COM CS 256677105 2,135 17,899 SH   SOLE   17,899 0 0
DOLLAR TREE INC COM CS 256746108 8,222 78,275 SH   SOLE   78,275 0 0
FRP HLDGS INC COM CS 30292L107 5,692 119,665 SH   SOLE   119,665 0 0
GREENHILL & CO INC COM CS 395259104 2,318 107,778 SH   SOLE   107,778 0 0
HALLMARK FINL SVCS INC EC C CS 40624Q203 7,130 685,575 SH   SOLE   685,575 0 0
HANESBRANDS INC COM CS 410345102 2,463 137,750 SH   SOLE   137,750 0 0
HILLTOP HOLDINGS INC COM CS 432748101 1,531 83,905 SH   SOLE   83,905 0 0
INGLES MKTS INC CL A CS 457030104 1,023 37,052 SH   SOLE   37,052 0 0
ISHARES GOLD TRUST ISHARES CS 464285105 4,151 335,290 SH   SOLE   335,290 0 0
ISHARES SILVER TRUST ISHARES CS 46428Q109 1,780 125,495 SH   SOLE   125,495 0 0
JEFFERIES FINL GROUP INC COM CS 47233W109 5,452 290,170 SH   SOLE   290,170 0 0
KROGER CO COM CS 501044101 1,106 44,949 SH   SOLE   44,949 0 0
LABORATORY CORP AMER HLDGS COM CS 50540R409 2,240 14,641 SH   SOLE   14,641 0 0
MADISON SQUARE GARDEN CO NEW C CS 55825T103 7,332 25,012 SH   SOLE   25,012 0 0
MOLSON COORS BREWING CO CL B CS 60871R209 999 16,741 SH   SOLE   16,741 0 0
MULTI COLOR CORP COM CS 625383104 1,208 24,215 SH   SOLE   24,215 0 0
NET 1 UEPS TECHNOLOGIES INC CO CS 64107N206 1,465 408,109 SH   SOLE   408,109 0 0
OAKTREE CAP GROUP LLC UNIT CL CS 674001201 1,484 29,890 SH   SOLE   29,890 0 0
OMNICOM GROUP INC COM CS 681919106 550 7,530 SH   SOLE   7,530 0 0
PARTY CITY HOLDCO INC COM CS 702149105 3,678 463,202 SH   SOLE   463,202 0 0
POTLATCHDELTIC CORPORATION COM CS 737630103 6,309 166,937 SH   SOLE   166,937 0 0
PROTECTIVE INS CORP CL B CS 74368L203 14,906 804,881 SH   SOLE   804,881 0 0
SKECHERS U S A INC CL A CS 830566105 9,885 294,110 SH   SOLE   294,110 0 0
SP PLUS CORP COM CS 78469C103 6,769 198,393 SH   SOLE   198,393 0 0
SYKES ENTERPRISES INC COM CS 871237103 6,550 231,628 SH   SOLE   231,628 0 0
TAKE-TWO INTERACTIVE SOFTWARE CS 874054109 1,450 15,368 SH   SOLE   15,368 0 0
TAPESTRY INC COM CS 876030107 205 6,300 SH   SOLE   6,300 0 0
TERADATA CORP DEL COM CS 88076W103 4,839 110,854 SH   SOLE   110,854 0 0
VISTRA ENERGY CORP COM CS 92840M102 7,890 303,095 SH   SOLE   303,095 0 0
WESTERN DIGITAL CORP COM CS 958102105 318 6,612 SH   SOLE   6,612 0 0
WESTERN UN CO COM CS 959802109 6,231 337,381 SH   SOLE   337,381 0 0
WYNDHAM DESTINATIONS INC COM CS 98310W108 4,354 107,540 SH   SOLE   107,540 0 0
CALAMP CORP CV 128126AB5 243 250,000 PRN   SOLE   250,000 0 0
CONSOLIDATED TOMOKA LD CO CV 210226ab2 2,164 2,125,000 PRN   SOLE   2,125,000 0 0
EZCORP INC CV 302301ab2 526 528,000 PRN   SOLE   528,000 0 0
HURON CONSULTING GROUP INC CV 447462AB8 982 1,000,000 PRN   SOLE   1,000,000 0 0
TWITTER INC CV 90184lab8 3,442 3,500,000 PRN   SOLE   3,500,000 0 0