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		<nameOfIssuer>ADT INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00090Q103</cusip>
		<value>61</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AERIE PHARMACEUTICALS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00771V108</cusip>
		<value>6560</value>
		<shrsOrPrnAmt>
			<sshPrnamt>221990</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>152839</Shared>
			<None>69151</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AIR PRODS &amp; CHEMS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>009158106</cusip>
		<value>1744</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7703</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7703</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AKERNA CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00973W102</cusip>
		<value>515</value>
		<shrsOrPrnAmt>
			<sshPrnamt>23830</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>23830</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ALLEGHANY CORP DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>017175100</cusip>
		<value>1130</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1659</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1659</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ALPHABET INC</nameOfIssuer>
		<titleOfClass>CAP STK CL A</titleOfClass>
		<cusip>02079K305</cusip>
		<value>9089</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8394</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7409</Shared>
			<None>985</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ALPHABET INC</nameOfIssuer>
		<titleOfClass>CAP STK CL C</titleOfClass>
		<cusip>02079K107</cusip>
		<value>8873</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8209</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6598</Shared>
			<None>1611</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ALPS ETF TR</nameOfIssuer>
		<titleOfClass>ALERIAN MLP</titleOfClass>
		<cusip>00162Q866</cusip>
		<value>452</value>
		<shrsOrPrnAmt>
			<sshPrnamt>45925</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>25665</Shared>
			<None>20260</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ALTABA INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>021346101</cusip>
		<value>389</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5610</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5610</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AMAZON COM INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>023135106</cusip>
		<value>4264</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2252</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2252</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AMBER RD INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>02318Y108</cusip>
		<value>1582</value>
		<shrsOrPrnAmt>
			<sshPrnamt>121134</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>119340</Shared>
			<None>1794</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AMERICAN EXPRESS CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>025816109</cusip>
		<value>872</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7064</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7064</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AMERICAN INTL GROUP INC</nameOfIssuer>
		<titleOfClass>*W EXP 01/19/202</titleOfClass>
		<cusip>026874156</cusip>
		<value>241</value>
		<shrsOrPrnAmt>
			<sshPrnamt>19682</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>19682</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AMERICAN INTL GROUP INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>026874784</cusip>
		<value>2879</value>
		<shrsOrPrnAmt>
			<sshPrnamt>54030</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>54030</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AMERIGAS PARTNERS L P</nameOfIssuer>
		<titleOfClass>UNIT L P INT</titleOfClass>
		<cusip>030975106</cusip>
		<value>226</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>6500</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AMYRIS INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>03236M200</cusip>
		<value>89</value>
		<shrsOrPrnAmt>
			<sshPrnamt>25000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>25000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ANADARKO PETE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>032511107</cusip>
		<value>5729</value>
		<shrsOrPrnAmt>
			<sshPrnamt>81195</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>80700</Shared>
			<None>495</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ANHEUSER BUSCH INBEV SA/NV</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>03524A108</cusip>
		<value>266</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>APPLE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>037833100</cusip>
		<value>18610</value>
		<shrsOrPrnAmt>
			<sshPrnamt>94029</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>78930</Shared>
			<None>15099</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AQUA METALS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03837J101</cusip>
		<value>50</value>
		<shrsOrPrnAmt>
			<sshPrnamt>30000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>30000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ARAMARK</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03852U106</cusip>
		<value>649</value>
		<shrsOrPrnAmt>
			<sshPrnamt>18000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>18000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ARCHER DANIELS MIDLAND CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>039483102</cusip>
		<value>6675</value>
		<shrsOrPrnAmt>
			<sshPrnamt>163600</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>162660</Shared>
			<None>940</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ARMSTRONG WORLD INDS INC NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>04247X102</cusip>
		<value>1708</value>
		<shrsOrPrnAmt>
			<sshPrnamt>17573</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>17573</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AT&amp;T INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00206R102</cusip>
		<value>5714</value>
		<shrsOrPrnAmt>
			<sshPrnamt>170512</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>94656</Shared>
			<None>75856</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AVALONBAY CMNTYS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>053484101</cusip>
		<value>203</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>1000</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AXALTA COATING SYS LTD</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>G0750C108</cusip>
		<value>387</value>
		<shrsOrPrnAmt>
			<sshPrnamt>13000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>13000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BABCOCK &amp; WILCOX ENTERPRIS I</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>05614L100</cusip>
		<value>51</value>
		<shrsOrPrnAmt>
			<sshPrnamt>150000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>150000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BANK AMER CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>060505104</cusip>
		<value>2783</value>
		<shrsOrPrnAmt>
			<sshPrnamt>95962</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>91087</Shared>
			<None>4875</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BANK NEW YORK MELLON CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>064058100</cusip>
		<value>25325</value>
		<shrsOrPrnAmt>
			<sshPrnamt>573618</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>571393</Shared>
			<None>2225</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BARCLAYS BK PLC</nameOfIssuer>
		<titleOfClass>IPATH B SHRT TRM</titleOfClass>
		<cusip>06746P621</cusip>
		<value>312</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>12000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BARRICK GOLD CORPORATION</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>067901108</cusip>
		<value>13655</value>
		<shrsOrPrnAmt>
			<sshPrnamt>865900</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>681980</Shared>
			<None>183920</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BAXTER INTL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>071813109</cusip>
		<value>3698</value>
		<shrsOrPrnAmt>
			<sshPrnamt>45153</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>45153</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BECTON DICKINSON &amp; CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>075887109</cusip>
		<value>12503</value>
		<shrsOrPrnAmt>
			<sshPrnamt>49615</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>47615</Shared>
			<None>2000</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BERKSHIRE HATHAWAY INC DEL</nameOfIssuer>
		<titleOfClass>CL B NEW</titleOfClass>
		<cusip>084670702</cusip>
		<value>2014</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9450</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>700</Shared>
			<None>8750</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BIOGEN INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>09062X103</cusip>
		<value>872</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3728</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>3728</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BLACK KNIGHT INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>09215C105</cusip>
		<value>234</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3898</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3898</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BLACKSTONE GROUP L P</nameOfIssuer>
		<titleOfClass>COM UNIT LTD</titleOfClass>
		<cusip>09253U108</cusip>
		<value>1274</value>
		<shrsOrPrnAmt>
			<sshPrnamt>28685</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>18120</Shared>
			<None>10565</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>BROOKDALE SR LIVING INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>112463104</cusip>
		<value>1043</value>
		<shrsOrPrnAmt>
			<sshPrnamt>144720</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>31207</Shared>
			<None>113513</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>BROOKFIELD ASSET MGMT INC</nameOfIssuer>
		<titleOfClass>CL A LTD VT SH</titleOfClass>
		<cusip>112585104</cusip>
		<value>634</value>
		<shrsOrPrnAmt>
			<sshPrnamt>13275</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>13275</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BUNGE LIMITED</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>G16962105</cusip>
		<value>334</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BWX TECHNOLOGIES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>05605H100</cusip>
		<value>234</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4500</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CALIFORNIA RES CORP</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>13057Q206</cusip>
		<value>246</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>12500</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CANADIAN NATL RY CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>136375102</cusip>
		<value>1443</value>
		<shrsOrPrnAmt>
			<sshPrnamt>15600</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>15600</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CAPITAL SR LIVING CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>140475104</cusip>
		<value>2110</value>
		<shrsOrPrnAmt>
			<sshPrnamt>419510</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>417710</Shared>
			<None>1800</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CATERPILLAR INC DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>149123101</cusip>
		<value>13462</value>
		<shrsOrPrnAmt>
			<sshPrnamt>98778</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>80318</Shared>
			<None>18460</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CBRE GROUP INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>12504L109</cusip>
		<value>283</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5513</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5513</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CBS CORP NEW</nameOfIssuer>
		<titleOfClass>CL B</titleOfClass>
		<cusip>124857202</cusip>
		<value>1372</value>
		<shrsOrPrnAmt>
			<sshPrnamt>27488</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>27488</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CHANGE HEALTHCARE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>15912K100</cusip>
		<value>219</value>
		<shrsOrPrnAmt>
			<sshPrnamt>15000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>15000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CHENIERE ENERGY INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>16411R208</cusip>
		<value>3139</value>
		<shrsOrPrnAmt>
			<sshPrnamt>45865</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>45490</Shared>
			<None>375</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CHINA JO-JO DRUGSTORES INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>16949A206</cusip>
		<value>34</value>
		<shrsOrPrnAmt>
			<sshPrnamt>30500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>30500</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CHUBB LIMITED</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>H1467J104</cusip>
		<value>1774</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12044</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4967</Shared>
			<None>7077</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CIGNA CORP NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>125523100</cusip>
		<value>247</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1570</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1570</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CITIGROUP INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>172967424</cusip>
		<value>54165</value>
		<shrsOrPrnAmt>
			<sshPrnamt>773451</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>611020</Shared>
			<None>162431</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CLOUDERA INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>18914U100</cusip>
		<value>289</value>
		<shrsOrPrnAmt>
			<sshPrnamt>55000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>55000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CNA FINL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>126117100</cusip>
		<value>3925</value>
		<shrsOrPrnAmt>
			<sshPrnamt>83390</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>83140</Shared>
			<None>250</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COCA COLA CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>191216100</cusip>
		<value>18093</value>
		<shrsOrPrnAmt>
			<sshPrnamt>355323</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>274923</Shared>
			<None>80400</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COMMSCOPE HLDG CO INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>20337X109</cusip>
		<value>669</value>
		<shrsOrPrnAmt>
			<sshPrnamt>42504</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>42504</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CONOCOPHILLIPS</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>20825C104</cusip>
		<value>294</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4822</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1000</Shared>
			<None>3822</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CONSOLIDATED TOMOKA LD CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>210226106</cusip>
		<value>1313</value>
		<shrsOrPrnAmt>
			<sshPrnamt>22000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>22000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COOPER STD HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>21676P103</cusip>
		<value>9826</value>
		<shrsOrPrnAmt>
			<sshPrnamt>214458</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>138863</Shared>
			<None>75595</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>CORNING INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>219350105</cusip>
		<value>9516</value>
		<shrsOrPrnAmt>
			<sshPrnamt>286382</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>171922</Shared>
			<None>114460</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>CORTEVA INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>22052L104</cusip>
		<value>15853</value>
		<shrsOrPrnAmt>
			<sshPrnamt>536121</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>417670</Shared>
			<None>118451</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COSTCO WHSL CORP NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>22160K105</cusip>
		<value>264</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COTT CORP QUE</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>22163N106</cusip>
		<value>806</value>
		<shrsOrPrnAmt>
			<sshPrnamt>60404</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>60404</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COVANTA HLDG CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>22282E102</cusip>
		<value>43036</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2402894</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1820863</Shared>
			<None>582031</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CRAWFORD &amp; CO</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>224633206</cusip>
		<value>105</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CRAY INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>225223304</cusip>
		<value>458</value>
		<shrsOrPrnAmt>
			<sshPrnamt>13160</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>13160</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CUMMINS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>231021106</cusip>
		<value>359</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2095</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2000</Shared>
			<None>95</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CVS HEALTH CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>126650100</cusip>
		<value>384</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7055</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7055</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DEERE &amp; CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>244199105</cusip>
		<value>283</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1710</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>1710</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DELTA AIR LINES INC DEL</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>247361702</cusip>
		<value>3630</value>
		<shrsOrPrnAmt>
			<sshPrnamt>63960</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>43820</Shared>
			<None>20140</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DIAGEO P L C</nameOfIssuer>
		<titleOfClass>SPON ADR NEW</titleOfClass>
		<cusip>25243Q205</cusip>
		<value>22801</value>
		<shrsOrPrnAmt>
			<sshPrnamt>132316</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>131726</Shared>
			<None>590</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DISCOVERY INC</nameOfIssuer>
		<titleOfClass>COM SER C</titleOfClass>
		<cusip>25470F302</cusip>
		<value>409</value>
		<shrsOrPrnAmt>
			<sshPrnamt>14365</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>14365</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DISH NETWORK CORP</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>25470M109</cusip>
		<value>1021</value>
		<shrsOrPrnAmt>
			<sshPrnamt>26581</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5733</Shared>
			<None>20848</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DISNEY WALT CO</nameOfIssuer>
		<titleOfClass>COM DISNEY</titleOfClass>
		<cusip>254687106</cusip>
		<value>18052</value>
		<shrsOrPrnAmt>
			<sshPrnamt>129278</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>80411</Shared>
			<None>48867</None>
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		<nameOfIssuer>DOW INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>260557103</cusip>
		<value>1994</value>
		<shrsOrPrnAmt>
			<sshPrnamt>40430</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>33135</Shared>
			<None>7295</None>
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		<nameOfIssuer>DUPONT DE NEMOURS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>26614N102</cusip>
		<value>40905</value>
		<shrsOrPrnAmt>
			<sshPrnamt>544885</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>426437</Shared>
			<None>118448</None>
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		<nameOfIssuer>EATON CORP PLC</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G29183103</cusip>
		<value>20071</value>
		<shrsOrPrnAmt>
			<sshPrnamt>241001</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>195266</Shared>
			<None>45735</None>
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		<nameOfIssuer>ELECTROCORE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>28531P103</cusip>
		<value>25</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>12500</Shared>
			<None>0</None>
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		<nameOfIssuer>EMERSON ELEC CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>291011104</cusip>
		<value>454</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6811</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6811</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ENERGY TRANSFER LP</nameOfIssuer>
		<titleOfClass>COM UT LTD PTN</titleOfClass>
		<cusip>29273V100</cusip>
		<value>623</value>
		<shrsOrPrnAmt>
			<sshPrnamt>44257</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>38785</Shared>
			<None>5472</None>
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		<nameOfIssuer>EVOLENT HEALTH INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>30050B101</cusip>
		<value>4761</value>
		<shrsOrPrnAmt>
			<sshPrnamt>598876</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>527454</Shared>
			<None>71422</None>
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		<nameOfIssuer>EXXON MOBIL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>30231G102</cusip>
		<value>2327</value>
		<shrsOrPrnAmt>
			<sshPrnamt>30368</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>30368</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>FACEBOOK INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>30303M102</cusip>
		<value>6197</value>
		<shrsOrPrnAmt>
			<sshPrnamt>32109</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>31244</Shared>
			<None>865</None>
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		<nameOfIssuer>FARMER BROS CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>307675108</cusip>
		<value>2627</value>
		<shrsOrPrnAmt>
			<sshPrnamt>160484</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>110867</Shared>
			<None>49617</None>
		</votingAuthority>
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		<nameOfIssuer>FEDEX CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>31428X106</cusip>
		<value>727</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4425</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4425</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>FIDELITY NATIONAL FINANCIAL</nameOfIssuer>
		<titleOfClass>FNF GROUP COM</titleOfClass>
		<cusip>31620R303</cusip>
		<value>512</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12715</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>12715</Shared>
			<None>0</None>
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		<nameOfIssuer>FIDELITY NATL INFORMATION SV</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>31620M106</cusip>
		<value>736</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6000</Shared>
			<None>0</None>
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		<nameOfIssuer>FIREEYE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>31816Q101</cusip>
		<value>151</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10165</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10165</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>FIVE POINT HOLDINGS LLC</nameOfIssuer>
		<titleOfClass>COM CL A</titleOfClass>
		<cusip>33833Q106</cusip>
		<value>124</value>
		<shrsOrPrnAmt>
			<sshPrnamt>16500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>16500</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>FLOWSERVE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>34354P105</cusip>
		<value>344</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6536</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6536</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>FLUIDIGM CORP DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>34385P108</cusip>
		<value>2149</value>
		<shrsOrPrnAmt>
			<sshPrnamt>174429</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>134429</Shared>
			<None>40000</None>
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	<infoTable>
		<nameOfIssuer>FOX CORP</nameOfIssuer>
		<titleOfClass>CL B COM</titleOfClass>
		<cusip>35137L204</cusip>
		<value>1095</value>
		<shrsOrPrnAmt>
			<sshPrnamt>29974</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>14452</Shared>
			<None>15522</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>FREEPORT-MCMORAN INC</nameOfIssuer>
		<titleOfClass>CL B</titleOfClass>
		<cusip>35671D857</cusip>
		<value>174</value>
		<shrsOrPrnAmt>
			<sshPrnamt>15000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>15000</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>FUELCELL ENERGY INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>35952H601</cusip>
		<value>99</value>
		<shrsOrPrnAmt>
			<sshPrnamt>560851</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>394826</Shared>
			<None>166025</None>
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		<nameOfIssuer>GATX CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>361448103</cusip>
		<value>308</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3885</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3885</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GENERAL AMERN INVS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>368802104</cusip>
		<value>840</value>
		<shrsOrPrnAmt>
			<sshPrnamt>23661</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>23661</None>
		</votingAuthority>
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		<nameOfIssuer>GENERAL MLS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>370334104</cusip>
		<value>298</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5670</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5670</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GENERAL MTRS CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>37045V100</cusip>
		<value>40446</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1049715</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>720032</Shared>
			<None>329683</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GENUINE PARTS CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>372460105</cusip>
		<value>395</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3816</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3816</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GOLDMAN SACHS GROUP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>38141G104</cusip>
		<value>307</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1000</Shared>
			<None>500</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GRAPHIC PACKAGING HLDG CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>388689101</cusip>
		<value>140</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GS ACQUISITION HLDGS CORP</nameOfIssuer>
		<titleOfClass>UNIT 06/12/2023</titleOfClass>
		<cusip>36255F201</cusip>
		<value>9139</value>
		<shrsOrPrnAmt>
			<sshPrnamt>870340</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>644389</Shared>
			<None>225951</None>
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	<infoTable>
		<nameOfIssuer>GS ACQUISITION HLDGS CORP</nameOfIssuer>
		<titleOfClass>COM CL A</titleOfClass>
		<cusip>36255F102</cusip>
		<value>164</value>
		<shrsOrPrnAmt>
			<sshPrnamt>16200</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>16200</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>GTY TECHNOLOGY HOLDINGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>362409104</cusip>
		<value>778</value>
		<shrsOrPrnAmt>
			<sshPrnamt>113604</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>113604</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>HANESBRANDS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>410345102</cusip>
		<value>173</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10050</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>10050</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>HAYMAKER ACQUISITION CORP II</nameOfIssuer>
		<titleOfClass>UNIT 10/31/2026</titleOfClass>
		<cusip>42087L200</cusip>
		<value>153</value>
		<shrsOrPrnAmt>
			<sshPrnamt>15000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>15000</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>HESS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>42809H107</cusip>
		<value>23588</value>
		<shrsOrPrnAmt>
			<sshPrnamt>371061</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>256960</Shared>
			<None>114101</None>
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	<infoTable>
		<nameOfIssuer>HOME DEPOT INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>437076102</cusip>
		<value>2315</value>
		<shrsOrPrnAmt>
			<sshPrnamt>11133</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>11133</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>HONEYWELL INTL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>438516106</cusip>
		<value>943</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5400</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5400</Shared>
			<None>0</None>
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		<nameOfIssuer>HOWARD HUGHES CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>44267D107</cusip>
		<value>594</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4800</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4800</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>HYSTER YALE MATLS HANDLING I</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>449172105</cusip>
		<value>276</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>IAMGOLD CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>450913108</cusip>
		<value>118</value>
		<shrsOrPrnAmt>
			<sshPrnamt>35000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>35000</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>II VI INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>902104108</cusip>
		<value>311</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>8500</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>INTEL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>458140100</cusip>
		<value>423</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8835</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7335</Shared>
			<None>1500</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>INTERNATIONAL BUSINESS MACHS</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>459200101</cusip>
		<value>17207</value>
		<shrsOrPrnAmt>
			<sshPrnamt>124779</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>111697</Shared>
			<None>13082</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>INTL PAPER CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>460146103</cusip>
		<value>7975</value>
		<shrsOrPrnAmt>
			<sshPrnamt>184102</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>85962</Shared>
			<None>98140</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>JOHNSON &amp; JOHNSON</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>478160104</cusip>
		<value>37890</value>
		<shrsOrPrnAmt>
			<sshPrnamt>272042</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>251324</Shared>
			<None>20718</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>JONES LANG LASALLE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>48020Q107</cusip>
		<value>211</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1500</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>JPMORGAN CHASE &amp; CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>46625H100</cusip>
		<value>33001</value>
		<shrsOrPrnAmt>
			<sshPrnamt>295180</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>249356</Shared>
			<None>45824</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>KAMAN CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>483548103</cusip>
		<value>612</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9602</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>9602</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>KINDER MORGAN INC DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>49456B101</cusip>
		<value>16663</value>
		<shrsOrPrnAmt>
			<sshPrnamt>798037</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>745775</Shared>
			<None>52262</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>KKR &amp; CO INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>48251W104</cusip>
		<value>17564</value>
		<shrsOrPrnAmt>
			<sshPrnamt>695073</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>671328</Shared>
			<None>23745</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>KRAFT HEINZ CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>500754106</cusip>
		<value>14279</value>
		<shrsOrPrnAmt>
			<sshPrnamt>460029</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>319624</Shared>
			<None>140405</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LAMAR ADVERTISING CO NEW</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>512816109</cusip>
		<value>453</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5613</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2903</Shared>
			<None>2710</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LIBERTY BROADBAND CORP</nameOfIssuer>
		<titleOfClass>COM SER C</titleOfClass>
		<cusip>530307305</cusip>
		<value>1756</value>
		<shrsOrPrnAmt>
			<sshPrnamt>16846</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>16846</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LIBERTY GLOBAL PLC</nameOfIssuer>
		<titleOfClass>SHS CL A</titleOfClass>
		<cusip>G5480U104</cusip>
		<value>643</value>
		<shrsOrPrnAmt>
			<sshPrnamt>23840</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>23840</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LIBERTY GLOBAL PLC</nameOfIssuer>
		<titleOfClass>SHS CL C</titleOfClass>
		<cusip>G5480U120</cusip>
		<value>2289</value>
		<shrsOrPrnAmt>
			<sshPrnamt>86284</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>86284</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LIBERTY MEDIA CORP DELAWARE</nameOfIssuer>
		<titleOfClass>COM A SIRIUSXM</titleOfClass>
		<cusip>531229409</cusip>
		<value>976</value>
		<shrsOrPrnAmt>
			<sshPrnamt>25802</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>25802</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LIBERTY MEDIA CORP DELAWARE</nameOfIssuer>
		<titleOfClass>COM C BRAVES GRP</titleOfClass>
		<cusip>531229888</cusip>
		<value>248</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8849</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>8849</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LIBERTY MEDIA CORP DELAWARE</nameOfIssuer>
		<titleOfClass>COM SER A FRMLA</titleOfClass>
		<cusip>531229870</cusip>
		<value>240</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6689</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6689</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LIBERTY MEDIA CORP DELAWARE</nameOfIssuer>
		<titleOfClass>COM SER C FRMLA</titleOfClass>
		<cusip>531229854</cusip>
		<value>480</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12820</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>12820</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LINDE PLC</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G5494J103</cusip>
		<value>266</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1324</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1324</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LIONS GATE ENTMNT CORP</nameOfIssuer>
		<titleOfClass>CL A VTG</titleOfClass>
		<cusip>535919401</cusip>
		<value>122</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LOEWS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>540424108</cusip>
		<value>16719</value>
		<shrsOrPrnAmt>
			<sshPrnamt>305808</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>304218</Shared>
			<None>1590</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LYONDELLBASELL INDUSTRIES N</nameOfIssuer>
		<titleOfClass>SHS - A -</titleOfClass>
		<cusip>N53745100</cusip>
		<value>254</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2946</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2331</Shared>
			<None>615</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MACK CALI RLTY CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>554489104</cusip>
		<value>1211</value>
		<shrsOrPrnAmt>
			<sshPrnamt>52000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>52000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MACQUARIE INFRASTRUCTURE COR</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>55608B105</cusip>
		<value>6467</value>
		<shrsOrPrnAmt>
			<sshPrnamt>159533</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>147118</Shared>
			<None>12415</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MADISON SQUARE GARDEN CO NEW</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>55825T103</cusip>
		<value>207</value>
		<shrsOrPrnAmt>
			<sshPrnamt>741</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>741</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MARATHON PETE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>56585A102</cusip>
		<value>230</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4110</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4110</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MARRIOTT INTL INC NEW</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>571903202</cusip>
		<value>276</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1968</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1968</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MARSH &amp; MCLENNAN COS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>571748102</cusip>
		<value>7413</value>
		<shrsOrPrnAmt>
			<sshPrnamt>74314</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>73964</Shared>
			<None>350</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MEDTRONIC PLC</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G5960L103</cusip>
		<value>1374</value>
		<shrsOrPrnAmt>
			<sshPrnamt>14113</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6532</Shared>
			<None>7581</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MICROSOFT CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>594918104</cusip>
		<value>61344</value>
		<shrsOrPrnAmt>
			<sshPrnamt>457925</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>375396</Shared>
			<None>82529</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MORGAN STANLEY</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>617446448</cusip>
		<value>307</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MURPHY OIL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>626717102</cusip>
		<value>250</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10128</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10128</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MURPHY USA INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>626755102</cusip>
		<value>213</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2532</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2532</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>NAVIGATOR HOLDINGS LTD</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>Y62132108</cusip>
		<value>229</value>
		<shrsOrPrnAmt>
			<sshPrnamt>24500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>24500</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>NEOPHOTONICS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>64051T100</cusip>
		<value>205</value>
		<shrsOrPrnAmt>
			<sshPrnamt>49000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>49000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>NEW SR INVT GROUP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>648691103</cusip>
		<value>202</value>
		<shrsOrPrnAmt>
			<sshPrnamt>30000</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>30000</Shared>
			<None>0</None>
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		<nameOfIssuer>NEW YORK TIMES CO</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>650111107</cusip>
		<value>1598</value>
		<shrsOrPrnAmt>
			<sshPrnamt>49002</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>49002</Shared>
			<None>0</None>
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		<nameOfIssuer>NOKIA CORP</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>654902204</cusip>
		<value>285</value>
		<shrsOrPrnAmt>
			<sshPrnamt>56800</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>42845</Shared>
			<None>13955</None>
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		<nameOfIssuer>NORTHERN TR CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>665859104</cusip>
		<value>14970</value>
		<shrsOrPrnAmt>
			<sshPrnamt>166330</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>126390</Shared>
			<None>39940</None>
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		<nameOfIssuer>NOVAGOLD RES INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>66987E206</cusip>
		<value>10356</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1752255</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1243131</Shared>
			<None>509124</None>
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		<nameOfIssuer>O REILLY AUTOMOTIVE INC NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>67103H107</cusip>
		<value>510</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1382</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1382</Shared>
			<None>0</None>
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		<nameOfIssuer>OCCIDENTAL PETE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>674599105</cusip>
		<value>10882</value>
		<shrsOrPrnAmt>
			<sshPrnamt>216435</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>147187</Shared>
			<None>69248</None>
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		<nameOfIssuer>OPKO HEALTH INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>68375N103</cusip>
		<value>63</value>
		<shrsOrPrnAmt>
			<sshPrnamt>26000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>26000</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ORACLE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>68389X105</cusip>
		<value>6107</value>
		<shrsOrPrnAmt>
			<sshPrnamt>107200</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>66450</Shared>
			<None>40750</None>
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		<nameOfIssuer>OWENS &amp; MINOR INC NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>690732102</cusip>
		<value>32</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10000</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>OWENS CORNING NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>690742101</cusip>
		<value>524</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4000</Shared>
			<None>5000</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PACIFIC ETHANOL INC</nameOfIssuer>
		<titleOfClass>COM PAR $.001</titleOfClass>
		<cusip>69423U305</cusip>
		<value>23</value>
		<shrsOrPrnAmt>
			<sshPrnamt>30000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>30000</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>PAVMED INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>70387R106</cusip>
		<value>172</value>
		<shrsOrPrnAmt>
			<sshPrnamt>151000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>151000</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>PAVMED INC</nameOfIssuer>
		<titleOfClass>*W EXP 04/30/202</titleOfClass>
		<cusip>70387R122</cusip>
		<value>262</value>
		<shrsOrPrnAmt>
			<sshPrnamt>624067</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>624067</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>PEPSICO INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>713448108</cusip>
		<value>341</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2602</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2602</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PERKINELMER INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>714046109</cusip>
		<value>790</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8200</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>8200</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PFIZER INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>717081103</cusip>
		<value>43532</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1004892</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>740622</Shared>
			<None>264270</None>
		</votingAuthority>
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		<nameOfIssuer>PITNEY BOWES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>724479100</cusip>
		<value>3469</value>
		<shrsOrPrnAmt>
			<sshPrnamt>810425</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>567790</Shared>
			<None>242635</None>
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	<infoTable>
		<nameOfIssuer>POLARITYTE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>731094108</cusip>
		<value>85</value>
		<shrsOrPrnAmt>
			<sshPrnamt>15000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>15000</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>PPG INDS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>693506107</cusip>
		<value>267</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2284</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1000</Shared>
			<None>1284</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PROCTER AND GAMBLE CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>742718109</cusip>
		<value>788</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7185</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5660</Shared>
			<None>1525</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PULSE BIOSCIENCES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>74587B101</cusip>
		<value>198</value>
		<shrsOrPrnAmt>
			<sshPrnamt>15000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>15000</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>QUEST DIAGNOSTICS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>74834L100</cusip>
		<value>3539</value>
		<shrsOrPrnAmt>
			<sshPrnamt>34760</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>34430</Shared>
			<None>330</None>
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		<nameOfIssuer>SCHLUMBERGER LTD</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>806857108</cusip>
		<value>405</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10184</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10184</Shared>
			<None>0</None>
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		<nameOfIssuer>SCORPIO TANKERS INC</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>Y7542C130</cusip>
		<value>266</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>9000</Shared>
			<None>0</None>
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		<nameOfIssuer>SEARS HOMETOWN &amp; OUTLET STOR</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>812362101</cusip>
		<value>220</value>
		<shrsOrPrnAmt>
			<sshPrnamt>92358</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>92358</Shared>
			<None>0</None>
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		<nameOfIssuer>SELECT SECTOR SPDR TR</nameOfIssuer>
		<titleOfClass>SBI INT-FINL</titleOfClass>
		<cusip>81369Y605</cusip>
		<value>248</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5000</Shared>
			<None>4000</None>
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	<infoTable>
		<nameOfIssuer>SIMPLY GOOD FOODS CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>82900L102</cusip>
		<value>1646</value>
		<shrsOrPrnAmt>
			<sshPrnamt>68375</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>67245</Shared>
			<None>1130</None>
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	<infoTable>
		<nameOfIssuer>SIRIUS XM HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>82968B103</cusip>
		<value>976</value>
		<shrsOrPrnAmt>
			<sshPrnamt>175000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>175000</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>SONY CORP</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>835699307</cusip>
		<value>372</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7100</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7100</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>SPDR GOLD TRUST</nameOfIssuer>
		<titleOfClass>GOLD SHS</titleOfClass>
		<cusip>78463V107</cusip>
		<value>7047</value>
		<shrsOrPrnAmt>
			<sshPrnamt>52907</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>52907</Shared>
			<None>0</None>
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		<nameOfIssuer>SPDR SERIES TRUST</nameOfIssuer>
		<titleOfClass>S&amp;P BK ETF</titleOfClass>
		<cusip>78464A797</cusip>
		<value>286</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6600</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6600</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>STEIN MART INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>858375108</cusip>
		<value>17</value>
		<shrsOrPrnAmt>
			<sshPrnamt>20000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>20000</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>SUNRUN INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>86771W105</cusip>
		<value>3206</value>
		<shrsOrPrnAmt>
			<sshPrnamt>170896</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>169764</Shared>
			<None>1132</None>
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	<infoTable>
		<nameOfIssuer>T2 BIOSYSTEMS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>89853L104</cusip>
		<value>90</value>
		<shrsOrPrnAmt>
			<sshPrnamt>53451</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>53451</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>TEJON RANCH CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>879080109</cusip>
		<value>3507</value>
		<shrsOrPrnAmt>
			<sshPrnamt>211387</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>210362</Shared>
			<None>1025</None>
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		<nameOfIssuer>THERMO FISHER SCIENTIFIC INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>883556102</cusip>
		<value>13654</value>
		<shrsOrPrnAmt>
			<sshPrnamt>46492</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>29742</Shared>
			<None>16750</None>
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	<infoTable>
		<nameOfIssuer>TIFFANY &amp; CO NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>886547108</cusip>
		<value>1333</value>
		<shrsOrPrnAmt>
			<sshPrnamt>14234</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>9962</Shared>
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		<nameOfIssuer>TRAVELERS COMPANIES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>89417E109</cusip>
		<value>1611</value>
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			<sshPrnamt>10775</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>10775</Shared>
			<None>0</None>
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		<nameOfIssuer>TREEHOUSE FOODS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>89469A104</cusip>
		<value>245</value>
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			<sshPrnamt>4537</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>4537</Shared>
			<None>0</None>
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		<nameOfIssuer>TYSON FOODS INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>902494103</cusip>
		<value>242</value>
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			<sshPrnamt>3000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>3000</Shared>
			<None>0</None>
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		<nameOfIssuer>UBER TECHNOLOGIES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>90353T100</cusip>
		<value>325</value>
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			<sshPrnamt>7000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7000</Shared>
			<None>0</None>
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		<nameOfIssuer>UNILEVER N V</nameOfIssuer>
		<titleOfClass>N Y SHS NEW</titleOfClass>
		<cusip>904784709</cusip>
		<value>411</value>
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			<sshPrnamt>6773</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>5018</Shared>
			<None>1755</None>
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		<nameOfIssuer>UNIVERSAL HLTH SVCS INC</nameOfIssuer>
		<titleOfClass>CL B</titleOfClass>
		<cusip>913903100</cusip>
		<value>1162</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8909</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>8909</Shared>
			<None>0</None>
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		<nameOfIssuer>VAIL RESORTS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>91879q109</cusip>
		<value>716</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3210</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>3210</Shared>
			<None>0</None>
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		<nameOfIssuer>VANGUARD INDEX FDS</nameOfIssuer>
		<titleOfClass>TOTAL STK MKT</titleOfClass>
		<cusip>922908769</cusip>
		<value>1561</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10400</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10400</Shared>
			<None>0</None>
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		<nameOfIssuer>VANGUARD INTL EQUITY INDEX F</nameOfIssuer>
		<titleOfClass>TT WRLD ST ETF</titleOfClass>
		<cusip>922042742</cusip>
		<value>780</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10380</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10380</Shared>
			<None>0</None>
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		<nameOfIssuer>VANGUARD GROUP</nameOfIssuer>
		<titleOfClass>DIV APP ETF</titleOfClass>
		<cusip>921908844</cusip>
		<value>1152</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>10000</None>
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		<nameOfIssuer>VERIZON COMMUNICATIONS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>92343V104</cusip>
		<value>23519</value>
		<shrsOrPrnAmt>
			<sshPrnamt>411670</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>292293</Shared>
			<None>119377</None>
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		<nameOfIssuer>VONAGE HLDGS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>92886T201</cusip>
		<value>736</value>
		<shrsOrPrnAmt>
			<sshPrnamt>65000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>65000</Shared>
			<None>0</None>
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		<nameOfIssuer>VORNADO RLTY TR</nameOfIssuer>
		<titleOfClass>SH BEN INT</titleOfClass>
		<cusip>929042109</cusip>
		<value>24361</value>
		<shrsOrPrnAmt>
			<sshPrnamt>380045</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>279304</Shared>
			<None>100741</None>
		</votingAuthority>
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		<nameOfIssuer>WABTEC CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>929740108</cusip>
		<value>14316</value>
		<shrsOrPrnAmt>
			<sshPrnamt>199495</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>122192</Shared>
			<None>77303</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>WELLS FARGO CO NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>949746101</cusip>
		<value>585</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12354</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>8554</Shared>
			<None>3800</None>
		</votingAuthority>
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		<nameOfIssuer>WESTERN ASSET GLB HI INCOME</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>95766B109</cusip>
		<value>181</value>
		<shrsOrPrnAmt>
			<sshPrnamt>18206</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>18206</None>
		</votingAuthority>
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		<nameOfIssuer>WEYERHAEUSER CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>962166104</cusip>
		<value>922</value>
		<shrsOrPrnAmt>
			<sshPrnamt>35000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>35000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>WILLIAMS COS INC DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>969457100</cusip>
		<value>3308</value>
		<shrsOrPrnAmt>
			<sshPrnamt>117985</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>93280</Shared>
			<None>24705</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>WISDOMTREE INVTS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>97717P104</cusip>
		<value>253</value>
		<shrsOrPrnAmt>
			<sshPrnamt>41000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>41000</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>WESTERN AST INFL LKD OPP &amp; I</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>95766R104</cusip>
		<value>124</value>
		<shrsOrPrnAmt>
			<sshPrnamt>11070</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>11070</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>XEROX CORP</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>984121608</cusip>
		<value>2524</value>
		<shrsOrPrnAmt>
			<sshPrnamt>71267</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>20503</Shared>
			<None>50764</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>XPO LOGISTICS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>983793100</cusip>
		<value>350</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6055</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6055</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ZAYO GROUP HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>98919V105</cusip>
		<value>10343</value>
		<shrsOrPrnAmt>
			<sshPrnamt>314287</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>271042</Shared>
			<None>43245</None>
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</informationTable>
