The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AK Steel COM 001547108 3,555 1,500 SH   SOLE 0 1,500 0 0
Aceto Corporation COM 004446100 83,565 539,130 SH   SOLE 0 539,130 0 0
American Express Company COM 025816109 2,322,894 18,818 SH   SOLE 0 18,818 0 0
Apollo Global Management COM 037612306 206,486 6,020 SH   SOLE 0 6,020 0 0
Apple COM 037833100 4,105,950 20,746 SH   SOLE 0 20,746 0 0
Astrazeneca COM 046353108 20,640 500 SH   SOLE 0 500 0 0
BB&T Corporation COM 054937107 96,786 1,970 SH   SOLE 0 1,970 0 0
Bank of America COM 060505104 1,184,447 40,843 SH   SOLE 0 40,843 0 0
Bank of America CONV PREF 060505682 39,788 29 SH   SOLE 0 29 0 0
Barnes & Noble COM 067774109 745,500 111,435 SH   SOLE 0 111,435 0 0
Berkshire Hills Bancorp COM 084680107 164,452 5,239 SH   SOLE 0 5,239 0 0
Boeing COM 097023105 7,162,625 19,677 SH   SOLE 0 19,677 0 0
Caterpillar COM 149123101 2,564,705 18,818 SH   SOLE 0 18,818 0 0
Central Valley Community Bancorp COM 155685100 540,872 25,192 SH   SOLE 0 25,192 0 0
Chesapeake Energy COM 165167107 10,204 5,233 SH   SOLE 0 5,233 0 0
Chevron Corporation COM 166764100 2,967,144 23,844 SH   SOLE 0 23,844 0 0
Choiceone Financial Services COM 170386106 18,709 634 SH   SOLE 0 634 0 0
Citigroup COM 172967424 1,464,117 20,907 SH   SOLE 0 20,907 0 0
Citizens Financial Group Inc. COM 174610105 574,173 16,238 SH   SOLE 0 16,238 0 0
Citizens Community Bancorp COM 174903104 1,227,499 113,238 SH   SOLE 0 113,238 0 0
Civista Bancshares COM 178867107 1,439,943 64,140 SH   SOLE 0 64,140 0 0
Cleveland-Cliffs COM 185899101 1,154,441 108,195 SH   SOLE 0 108,195 0 0
Coca-Cola COM 191216100 1,013,614 19,906 SH   SOLE 0 19,906 0 0
Codorus Bancorp COM 192025104 946,879 41,169 SH   SOLE 0 41,169 0 0
Cowen Inc CONV PREF 223622507 2,899,156 3,200 SH   SOLE 0 3,200 0 0
Disney COM 254687106 2,715,810 19,449 SH   SOLE 0 19,449 0 0
Dow Inc COM 260557103 991,874 20,115 SH   SOLE 0 20,115 0 0
El Pollo Loco Holdings COM 268603107 727,598 68,255 SH   SOLE 0 68,255 0 0
Enterprise Products Partners COM 293792107 3,280,642 113,635 SH   SOLE 0 113,635 0 0
Equitrans Midstream Corporation COM 294600101 422,780 21,450 SH   SOLE 0 21,450 0 0
EZCORP COM 302301106 29,026 3,065 SH   SOLE 0 3,065 0 0
F.N.B. Corporation COM 302520101 99,386 8,444 SH   SOLE 0 8,444 0 0
Federal Agricultural Mortgage COM 313148306 18,165 250 SH   SOLE 0 250 0 0
Freddie Mac PREF STK 313400640 1,648,064 146,105 SH   SOLE 0 146,105 0 0
Fannie Mae PREF STK 313586752 24,920 2,000 SH   SOLE 0 2,000 0 0
Fifth Third Bancorp COM 316773100 314,573 11,275 SH   SOLE 0 11,275 0 0
First Bancshares COM 318916103 1,576,952 51,976 SH   SOLE 0 51,976 0 0
First Community Corp COM 319835104 1,099,031 59,375 SH   SOLE 0 59,375 0 0
FreightCar America COM 357023100 286,427 48,795 SH   SOLE 0 48,795 0 0
General Electric Company COM 369604103 153,173 14,588 SH   SOLE 0 14,588 0 0
Genesis Energy COM 371927104 2,252,963 102,875 SH   SOLE 0 102,875 0 0
Haverty Furniture Company COM 419596101 740,550 43,485 SH   SOLE 0 43,485 0 0
Hawaiian Holdings COM 419879101 35,138 1,281 SH   SOLE 0 1,281 0 0
Hawthorn Bancshares COM 420476103 683,293 25,496 SH   SOLE 0 25,496 0 0
Hess Midstream Partners COM 428104103 1,484,906 76,149 SH   SOLE 0 76,149 0 0
Holly Energy Partners COM 435763107 14,685 534 SH   SOLE 0 534 0 0
Home Depot COM 437076102 4,072,469 19,582 SH   SOLE 0 19,582 0 0
HopFed Bancorp COM 439734104 411,393 21,687 SH   SOLE 0 21,687 0 0
Intel Corporation COM 458140100 1,052,039 21,977 SH   SOLE 0 21,977 0 0
IBM COM 459200101 2,666,572 19,337 SH   SOLE 0 19,337 0 0
iShares Barclays TIPS Bond COM 464287176 183,331 1,587 SH   SOLE 0 1,587 0 0
iShares MSCI Emerging Markets COM 464287234 326,760 7,615 SH   SOLE 0 7,615 0 0
iShares MSCI EAFE Index Fund COM 464287465 5,273,452 80,229 SH   SOLE 0 80,229 0 0
iShares Core S&P MidCap 400 Index COM 464287507 4,079 21 SH   SOLE 0 21 0 0
iShares DJ US Financial Sector COM 464287788 599,614 4,774 SH   SOLE 0 4,774 0 0
Johnson & Johnson COM 478160104 2,929,337 21,032 SH   SOLE 0 21,032 0 0
Lannett Company COM 516012101 321,925 53,123 SH   SOLE 0 53,123 0 0
MDC Holdings COM 552676108 1,192,536 36,380 SH   SOLE 0 36,380 0 0
MVB Financial Corp COM 553810102 889,739 52,461 SH   SOLE 0 52,461 0 0
Magellan Midstream Partners COM 559080106 4,748,160 74,190 SH   SOLE 0 74,190 0 0
McDermott International COM 580037703 434,516 44,981 SH   SOLE 0 44,981 0 0
McDonald's COM 580135101 4,108,553 19,785 SH   SOLE 0 19,785 0 0
Microsoft Corporation COM 594918104 2,850,984 21,282 SH   SOLE 0 21,282 0 0
Midsouth Bancorp COM 598039105 309,759 26,140 SH   SOLE 0 26,140 0 0
MidWest One Financial Group COM 598511103 287,960 10,299 SH   SOLE 0 10,299 0 0
NMI Holdings COM 629209305 2,251,469 79,305 SH   SOLE 0 79,305 0 0
Nike COM 654106103 1,576,329 18,777 SH   SOLE 0 18,777 0 0
Oaktree Capital Group COM 674001201 188,995 3,815 SH   SOLE 0 3,815 0 0
Old National Bancorp COM 680033107 1,193,138 71,919 SH   SOLE 0 71,919 0 0
ONEOK COM 682680103 5,195,782 75,509 SH   SOLE 0 75,509 0 0
Opus Bank COM 684000102 825,507 39,105 SH   SOLE 0 39,105 0 0
Pacwest Bancorp COM 695263103 370,438 9,540 SH   SOLE 0 9,540 0 0
Parke Bancorp COM 700885106 1,172,640 48,962 SH   SOLE 0 48,962 0 0
Peoples Bancorp of NC COM 710577107 1,233,222 41,039 SH   SOLE 0 41,039 0 0
Pfizer COM 717081103 1,019,016 23,523 SH   SOLE 0 23,523 0 0
Phillips 66 Partners COM 718549207 2,364,721 47,917 SH   SOLE 0 47,917 0 0
Plains All American Pipeline COM 726503105 314,919 12,933 SH   SOLE 0 12,933 0 0
Procter & Gamble COM 742718109 2,257,474 20,588 SH   SOLE 0 20,588 0 0
Shell Midstream Partners COM 822634101 1,558,952 75,239 SH   SOLE 0 75,239 0 0
Southern National Bancorp COM 843395104 1,192,004 77,858 SH   SOLE 0 77,858 0 0
SunPower Corporation COM 867652406 2,523 236 SH   SOLE 0 236 0 0
SunTrust Banks COM 867914103 622,035 9,897 SH   SOLE 0 9,897 0 0
Superior Industries COM 868168105 228,719 66,104 SH   SOLE 0 66,104 0 0
Timberland Bancorp COM 887098101 29,880 1,000 SH   SOLE 0 1,000 0 0
Toll Brothers COM 889478103 7,324 200 SH   SOLE 0 200 0 0
Triumph Group COM 896818101 2,290 100 SH   SOLE 0 100 0 0
Turtle Beach COM 900450206 938,753 81,207 SH   SOLE 0 81,207 0 0
Unisys Corp COM 909214306 683,219 70,290 SH   SOLE 0 70,290 0 0
United Bancshares COM 909458101 910,700 45,151 SH   SOLE 0 45,151 0 0
United Technologies COM 913017109 2,444,765 18,777 SH   SOLE 0 18,777 0 0
Wal-Mart COM 931142103 2,142,180 19,388 SH   SOLE 0 19,388 0 0
Walgreens Boots Alliance COM 931427108 1,026,539 18,777 SH   SOLE 0 18,777 0 0
Williams Companies COM 969457100 4,716,037 168,190 SH   SOLE 0 168,190 0 0
Zions Bancorp COM 989701107 645,145 14,031 SH   SOLE 0 14,031 0 0
Zions Bancorp WARRANT 989701115 150,967 11,368 SH   SOLE 0 11,368 0 0
Argan COM 04010e109 1,076,503 26,541 SH   SOLE 0 26,541 0 0
Travelers COM 89417e109 2,837,591 18,978 SH   SOLE 0 18,978 0 0
A T & T COM 00206r102 188,192 5,616 SH   SOLE 0 5,616 0 0
Aceto Corp CONV BOND 004446AD2 3,695,500 3,890,000 PRN   SOLE 0 3,890,000 0 0
Alaska Communications System COM 01167p101 981,634 574,055 SH   SOLE 0 574,055 0 0
Alliance Resource Partners COM 01877r108 3,644,723 214,648 SH   SOLE 0 214,648 0 0
Altria Group COM 02209s103 59,541 1,257 SH   SOLE 0 1,257 0 0
American Airlines Group COM 02376R102 505,422 15,499 SH   SOLE 0 15,499 0 0
AmeriServ Financial COM 03074a102 717,241 172,829 SH   SOLE 0 172,829 0 0
Andeavor Logistics COM 03350f106 1,479,794 40,732 SH   SOLE 0 40,732 0 0
Antero Midstream COM 03673l103 3,643,004 317,889 SH   SOLE 0 317,889 0 0
Arcbest COM 03937c105 821,936 29,240 SH   SOLE 0 29,240 0 0
Atlas Air Worldwide Holdings CONV BOND 049164BH8 1,777,512 1,810,000 PRN   SOLE 0 1,810,000 0 0
BOK Financial COM 05561q201 118,889 1,575 SH   SOLE 0 1,575 0 0
BP Midstream Partners COM 0556EL109 1,158,833 74,860 SH   SOLE 0 74,860 0 0
Banc of California COM 05990k106 2,624,668 187,879 SH   SOLE 0 187,879 0 0
Carlyle Group COM 14309l102 176,471 7,805 SH   SOLE 0 7,805 0 0
Chesapeake Energy CONV BOND 165167CY1 2,562,158 3,210,000 PRN   SOLE 0 3,210,000 0 0
Cisco Systems COM 17275r102 1,081,355 19,758 SH   SOLE 0 19,758 0 0
Contura Energy COM 21241b100 1,311,046 25,261 SH   SOLE 0 25,261 0 0
Contura Energy WARRANT 21241b118 918,913 44,825 SH   SOLE 0 44,825 0 0
DR Horton COM 23331a109 10,783 250 SH   SOLE 0 250 0 0
Delek Logistics Partners COM 24664t103 1,968,128 61,504 SH   SOLE 0 61,504 0 0
EOG Resources COM 26875p101 23,290 250 SH   SOLE 0 250 0 0
EQT Midstream Partners COM 26885b100 2,874,264 64,330 SH   SOLE 0 64,330 0 0
Eagle Bancorp Montana COM 26942g100 806,478 48,583 SH   SOLE 0 48,583 0 0
Encore Capital Group CONV BOND 292554AH5 2,003,663 2,125,000 PRN   SOLE 0 2,125,000 0 0
Energy Transfer COM 29273v100 2,137,134 151,785 SH   SOLE 0 151,785 0 0
EnLink Midstream COM 29336t100 3,139,646 311,164 SH   SOLE 0 311,164 0 0
Essa Bancorp COM 29667d104 1,088,408 71,371 SH   SOLE 0 71,371 0 0
EZCorp Inc CONV BOND 302301AE6 1,595,336 1,766,000 PRN   SOLE 0 1,766,000 0 0
EZCorp Inc CONV BOND 302301AF3 315,504 280,000 PRN   SOLE 0 280,000 0 0
Exxon Mobil Corporation COM 30231g102 1,713,140 22,356 SH   SOLE 0 22,356 0 0
1st Constitution Bancorp COM 31986n102 196,595 10,644 SH   SOLE 0 10,644 0 0
First United Corp COM 33741h107 1,417,070 71,896 SH   SOLE 0 71,896 0 0
First US Bancshares COM 33744v103 423,064 45,786 SH   SOLE 0 45,786 0 0
GNC Holdings CONV BOND 36191GAB3 2,788,275 3,290,000 PRN   SOLE 0 3,290,000 0 0
General Motors COM 37045v100 15,412 400 SH   SOLE 0 400 0 0
Global Eagle Entertainment CONV BOND 37951DAB8 886,247 1,880,000 PRN   SOLE 0 1,880,000 0 0
Goldman Sachs COM 38141g104 3,918,499 19,152 SH   SOLE 0 19,152 0 0
Greenbriar C CONV BOND 393657AK7 1,694,684 1,765,000 PRN   SOLE 0 1,765,000 0 0
HMN Financial COM 40424g108 996,975 47,475 SH   SOLE 0 47,475 0 0
Homestreet COM 43785u102 635,037 21,425 SH   SOLE 0 21,425 0 0
Horizon Global Corp CONV BOND 44052WAA2 1,293,172 2,260,000 PRN   SOLE 0 2,260,000 0 0
Horsehead Holdings WARRANT 44069P118 83,225 3,329 SH   SOLE 0 3,329 0 0
Iridium Communications COM 46269c102 118,417 3,374 SH   SOLE 0 3,374 0 0
iShares 0-5 Yr High Yield Corporate Bond COM 46434v407 4,447,708 95,240 SH   SOLE 0 95,240 0 0
JPMorgan COM 46625h100 2,552,170 22,828 SH   SOLE 0 22,828 0 0
KKR COM 48248m102 172,468 6,825 SH   SOLE 0 6,825 0 0
Kimball Electronics COM 49428j109 1,199,324 73,850 SH   SOLE 0 73,850 0 0
Kinder Morgan COM 49456b101 985,000 47,174 SH   SOLE 0 47,174 0 0
LGI Homes COM 50187t106 1,145,094 16,031 SH   SOLE 0 16,031 0 0
MPLX COM 55336v100 3,017,907 93,753 SH   SOLE 0 93,753 0 0
Macquarie Infrastructure CONV BOND 55608BAB1 1,779,910 2,000,000 PRN   SOLE 0 2,000,000 0 0
Macy's COM 55616p104 8,584 400 SH   SOLE 0 400 0 0
Merck COM 58933y105 1,719,512 20,507 SH   SOLE 0 20,507 0 0
Meritage Homes Corporation COM 59001a102 5,134 100 SH   SOLE 0 100 0 0
MutualFirst Financial COM 62845b104 1,008,589 29,630 SH   SOLE 0 29,630 0 0
NGL Energy Partners COM 62913M107 4,679,914 316,853 SH   SOLE 0 316,853 0 0
PDL Biopharma CONV BOND 69329YAG9 3,327,834 3,170,000 PRN   SOLE 0 3,170,000 0 0
Peoples Financial Corp COM 71103b102 954,839 82,172 SH   SOLE 0 82,172 0 0
Plains GP Holdings COM 72651a207 1,512,857 60,587 SH   SOLE 0 60,587 0 0
Premier Financial Bancorp COM 74050m105 1,187,843 79,190 SH   SOLE 0 79,190 0 0
QCR Holdings COM 74727a104 3,493,856 100,197 SH   SOLE 0 100,197 0 0
QEP Resources COM 74733v100 10,845 1,500 SH   SOLE 0 1,500 0 0
Pyxus International COM 74737v106 3,040 200 SH   SOLE 0 200 0 0
SB Financial Group COM 78408d105 2,888,992 175,516 SH   SOLE 0 175,516 0 0
SPDR S&P 600 Small Cap Value COM 78464a300 147,452 2,430 SH   SOLE 0 2,430 0 0
SPDR Dow Jones Industrial COM 78467x109 10,473,211 39,395 SH   SOLE 0 39,395 0 0
SandRidge Energy COM 80007p869 634,910 91,750 SH   SOLE 0 91,750 0 0
Sterling Bancorp COM 85917a100 529,680 24,891 SH   SOLE 0 24,891 0 0
Summit Financial Group COM 86606g101 2,772,509 103,259 SH   SOLE 0 103,259 0 0
Sunpower Corp CONV BOND 867652AJ8 1,338,883 1,470,000 PRN   SOLE 0 1,470,000 0 0
Sunpower Corp CONV BOND 867652AL3 886,360 1,000,000 PRN   SOLE 0 1,000,000 0 0
Talos Energy COM 87484t108 925,204 38,470 SH   SOLE 0 38,470 0 0
Talos Energy WARRANT 87484t116 110,201 62,972 SH   SOLE 0 62,972 0 0
Targa Resources COM 87612g101 2,913,220 74,203 SH   SOLE 0 74,203 0 0
Teekay Corp CONV BOND 87900YAE3 783,125 1,000,000 PRN   SOLE 0 1,000,000 0 0
3M Co COM 88579y101 3,277,339 18,907 SH   SOLE 0 18,907 0 0
Tutor Perini Corp CONV BOND 901109AD0 1,789,217 1,889,000 PRN   SOLE 0 1,889,000 0 0
Two River Bancorp COM 90207c105 814,166 56,697 SH   SOLE 0 56,697 0 0
United Community Banks COM 90984p303 6,283 220 SH   SOLE 0 220 0 0
UnitedHealth Group COM 91324p102 4,683,528 19,194 SH   SOLE 0 19,194 0 0
Uniti Group COM 91325v108 331,123 34,855 SH   SOLE 0 34,855 0 0
Verizon Communications COM 92343v104 1,209,728 21,175 SH   SOLE 0 21,175 0 0
Visa COM 92826c839 3,258,748 18,777 SH   SOLE 0 18,777 0 0
Western Midstream Partners COM 95825r103 2,809,301 91,300 SH   SOLE 0 91,300 0 0
Wintrust Financial COM 97650w108 2,029,971 27,747 SH   SOLE 0 27,747 0 0
Aircastle LTD COM g0129k104 1,589,802 74,779 SH   SOLE 0 74,779 0 0
Bunge CONV PREF g16962204 1,850,980 19,043 SH   SOLE 0 19,043 0 0
Genco Shipping WARRANT y2685t123 216 2,155 SH   SOLE 0 2,155 0 0
Genco Shipping & Trading COM y2685t131 167,867 19,889 SH   SOLE 0 19,889 0 0
Navios Maritime Containers COM y62151108 183 94 SH   SOLE 0 94 0 0
Navios Maritime Holdings COM y62196103 78,530 17,529 SH   SOLE 0 17,529 0 0
Navios Maritime Partners COM y62267102 117,828 8,728 SH   SOLE 0 8,728 0 0
Teekay LNG Partners COM y8564m105 2,253,251 159,805 SH   SOLE 0 159,805 0 0
Teekay Inc COM y8564w103 243,686 70,839 SH   SOLE 0 70,839 0 0
Teekay Offshore Partners COM y8565j101 11,664 9,257 SH   SOLE 0 9,257 0 0
Teekay Tankers COM y8565n102 12,928 10,100 SH   SOLE 0 10,100 0 0