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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLERGAN PLC SHS G0177J108   333 1,067 SH   SOLE   1,067 0 0
ALLIANCEBERNSTEIN INCOME FUN COM 01881E101   296 38,650 SH   SOLE   37,400 0 1,250
AMERICAN INTL GROUP INC COM NEW 026874784   12,462 201,093 SH   SOLE   193,197 0 7,896
APPLE INC COM 037833100   8,633 82,018 SH   SOLE   78,758 0 3,260
BANK AMER CORP COM 060505104   9,377 557,162 SH   SOLE   536,161 0 21,001
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   7,736 58,586 SH   SOLE   56,326 0 2,260
BLACKROCK RES AND COMM STRAT T SHS 09257A108   5,856 823,560 SH   SOLE   796,883 0 26,677
BLOCK H AND R INC COM 093671105   6,572 197,286 SH   SOLE   190,495 0 6,791
BLUCORA INC COM 095229100   3,469 353,960 SH   SOLE   343,320 0 10,640
BROOKFIELD MTG OPP INC FD IN COM 112792106   153 10,400 SH   SOLE   10,300 0 100
CHEMOURS CO COM 163851108   3,531 658,751 SH   SOLE   636,835 0 21,916
CIVEO CORP CDA COM 17878Y108   246 173,330 SH   SOLE   173,330 0 0
EATON VANCE NATL MUN OPPORT COM SHS 27829L105   460 21,450 SH   SOLE   21,350 0 100
EMERGENT CAP INC COM 29102N105   1,667 451,737 SH   SOLE   451,737 0 0
FIRST AMERN FINL CORP COM 31847R102   2,310 64,345 SH   SOLE   64,345 0 0
GABELLI GLB SML AND MD CP VAL COM 36249W104   379 36,440 SH   SOLE   36,440 0 0
GETTY RLTY CORP NEW COM 374297109   3,259 190,039 SH   SOLE   178,999 0 11,040
HARVARD BIOSCIENCE INC COM 416906105   955 275,150 SH   SOLE   275,150 0 0
HOWARD HUGHES CORP COM 44267D107   2,665 23,548 SH   SOLE   23,548 0 0
KCG HLDGS INC CL A 48244B100   261 21,166 SH   SOLE   21,166 0 0
LAYNE CHRISTENSEN CO COM 521050104   262 49,821 SH   SOLE   49,821 0 0
LEIDOS HLDGS INC COM 525327102   9,429 167,604 SH   SOLE   162,718 0 4,886
MORGAN STANLEY EMER MKTS DEB COM 61744H105   527 61,550 SH   SOLE   61,350 0 200
NAVIENT CORP COM 63938C108   4,733 413,320 SH   SOLE   396,170 0 17,150
NEWMONT MINING CORP COM 651639106   4,710 261,826 SH   SOLE   252,165 0 9,661
OLD REP INTL CORP COM 680223104   9,590 514,771 SH   SOLE   500,630 0 14,141
SCIENCE APPLICATNS INTL CP N COM 808625107   7,720 168,627 SH   SOLE   162,967 0 5,660
SEARS HLDGS CORP COM 812350106   2,072 100,761 SH   SOLE   100,761 0 0
SEARS HLDGS CORP *W EXP 12/15/201 812350155   541 49,222 SH   SOLE   47,932 0 1,290
THOR INDS INC COM 885160101   5,284 94,110 SH   SOLE   90,900 0 3,210
TRI POINTE HOMES INC COM 87265H109   1,002 79,070 SH   SOLE   79,070 0 0
TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204   5,718 673,490 SH   SOLE   646,540 0 26,950
VECTRUS INC COM 92242T101   8,873 424,740 SH   SOLE   409,050 0 15,690
VEREIT INC COM 92339V100   9,048 1,142,370 SH   SOLE   1,097,370 0 45,000
WESTERN ASSET CLYM INFL OPP COM 95766R104   465 45,230 SH   SOLE   45,030 0 200