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
ABRAXAS PETE CORP COM 003830106 54 23,000 SH   SOLE   23,000 0 0
AERIE PHARMACEUTICALS INC COM 00771V108 74 1,200 SH   SOLE   1,200 0 0
BAUSCH HEALTH COS INC COM 071734107 1,748 68,113 SH   SOLE   68,113 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,670 7,800 SH   SOLE   7,800 0 0
CALIFORNIA RES CORP COM NEW 13057Q206 461 9,500 SH   SOLE   9,500 0 0
CUMULUS MEDIA INC COM CLASS A 231082801 1,969 115,669 SH   SOLE   115,669 0 0
DICKS SPORTING GOODS INC COM 253393102 703 19,800 SH   SOLE   19,800 0 0
DITECH HLDG CORP COM 25501G105 1,545 360,917 SH   SOLE   360,917 0 0
EVOLUS INC COM 30052C107 47 2,500 SH   SOLE   2,500 0 0
FIVE STAR SENIOR LIVING INC COM 33832D106 218 253,295 SH   SOLE   253,295 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 830 294,242 SH   SOLE   294,242 0 0
GULFMARK OFFSHORE INC COM 402629505 861 23,088 SH   SOLE   23,088 0 0
HUDBAY MINERALS INC COM 443628102 409 81,000 SH   SOLE   81,000 0 0
NEW AGE BEVERAGES CORP COM 64157V108 124 23,200 SH   SOLE   23,200 0 0
NUVERRA ENVIRONMENTAL SOLUTI COM PAR 67091K302 3,770 339,032 SH   SOLE   339,032 0 0
PENN VA CORP NEW COM 70788V102 1,179 14,637 SH   SOLE   14,637 0 0
PIONEER ENERGY SVCS CORP COM 723664108 307 103,903 SH   SOLE   103,903 0 0
PYXUS INTL INC COM 74737V106 1,351 58,741 SH   SOLE   58,741 0 0
REVANCE THERAPEUTICS INC COM 761330109 60 2,400 SH   SOLE   2,400 0 0
STARS GROUP INC COM 85570W100 1,235 49,601 SH   SOLE   49,601 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 723 25,400 SH   SOLE   25,400 0 0
T2 BIOSYSTEMS INC COM 89853L104 60 8,000 SH   SOLE   8,000 0 0
USA TECHNOLOGIES INC COM NO PAR 90328S500 151 21,000 SH   SOLE   21,000 0 0
YRC WORLDWIDE INC COM PAR $.01 984249607 1,527 170,085 SH   SOLE   170,085 0 0
CONSTELLIUM NV CL A N22035104 827 67,000 SH   SOLE   67,000 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 1,248 44,905 SH   SOLE   44,905 0 0
DORIAN LPG LTD SHS USD Y2106R110 874 109,671 SH   SOLE   109,671 0 0
NAVIGATOR HOLDINGS LTD SHS Y62132108 543 44,852 SH   SOLE   44,852 0 0
SCORPIO TANKERS INC SHS Y7542C106 60 30,000 SH   SOLE   30,000 0 0
ARDMORE SHIPPING CORP COM Y0207T100 411 63,300 SH   SOLE   63,300 0 0
DIANA SHIPPING INC COM Y2066G104 516 125,196 SH   SOLE   125,196 0 0
SAFE BULKERS INC COM Y7388L103 421 146,209 SH   SOLE   146,209 0 0
COLONY CAP INC NEW CL A COM 19626G108 1,946 319,600 SH   SOLE   319,600 0 0
NEW RESIDENTIAL INVT CORP COM NEW 64828T201 802 45,000 SH   SOLE   45,000 0 0
AEGEAN MARINE PETROLEUM NETW SHS Y0017S102 393 3,085 SH Put SOLE   3,085 0 0
AEGEAN MARINE PETE NETWORK I NOTE 4.250%12/1 00773VAB2 5,828 10,500,000 PRN   SOLE   10,500,000 0 0
COMPUCREDIT HLDGS CORP NOTE 5.875%11/3 20478NAD2 30,760 56,441,000 PRN   SOLE   56,441,000 0 0
GNC HLDGS INC NOTE 1.500% 8/1 36191GAB3 1,772 2,359,000 PRN   SOLE   2,359,000 0 0
AEGEAN MARINE PETE NETWORK I NOTE 4.000%11/0 Y0020QAA9 3,229 4,194,000 PRN   SOLE   4,194,000 0 0
DITECH HLDG CORP *W EXP 02/09/202 25501G113 316 1,171,429 SH   SOLE   1,171,429 0 0
DITECH HLDG CORP *W EXP 02/09/202 25501G121 122 935,375 SH   SOLE   935,375 0 0