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
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALIBABA GROUP HLDG LTD COM 01609W952   1,179 20,000 SH Put SOLE   20,000 0 0
APPLIED MATLS INC COM 038222905   2,938 200,000 SH Call SOLE   200,000 0 0
ARGAN INC COM 04010E109   1,912 55,137 SH   SOLE   55,137 0 0
BLUEKNIGHT ENERGY PARTNERS L COM UNIT 09625U109   391 69,221 SH   SOLE   69,221 0 0
BROOKDALE SR LIVING INC COM 112463904   2,297 100,000 SH Call SOLE   100,000 0 0
BROOKDALE SR LIVING INC NOTE 2.750% 6/1 112463AA2   2,150 2,000,000 PRN   SOLE   2,000,000 0 0
BROOKDALE SR LIVING INC COM 112463104   2,768 120,536 SH   SOLE   120,536 0 0
CABLE ONE INC COM 12685J105   4,002 9,541 SH   SOLE   9,541 0 0
CATERPILLAR INC DEL COM 149123951   8,170 125,000 SH Put SOLE   125,000 0 0
CITRIX SYS INC COM 177376100   1,525 22,007 SH   SOLE   22,007 0 0
CITRIX SYS INC COM 177376900   6,928 100,000 SH Call SOLE   100,000 0 0
COLONY CAP INC NOTE 5.000% 4/1 19624RAA4   14,707 14,500,000 PRN   SOLE   14,500,000 0 0
CONSOLIDATED TOMOKA LD CO COM 210226106   8,187 164,389 SH   SOLE   164,389 0 0
ENSIGN GROUP INC COM 29358P101   4,878 114,424 SH   SOLE   114,424 0 0
FXCM INC NOTE 2.250% 6/1 302693AB2   3,983 5,000,000 PRN   SOLE   5,000,000 0 0
GOOGLE INC CL A 38259P908   11,171 17,500 SH Call SOLE   17,500 0 0
GOOGLE INC CL A 38259P508   4,117 6,450 SH   SOLE   6,450 0 0
INVESTMENT TECHNOLOGY GRP NE COM 46145F105   1,437 107,700 SH   SOLE   107,700 0 0
ISHARES TR JP MOR EM MK ETF 464288281   4,639 43,600 SH Put SOLE   43,600 0 0
ISHARES TR RUSSELL 2000 ETF 464287655   32,766 300,000 SH Put SOLE   300,000 0 0
JETBLUE AIRWAYS CORP COM 477143101   2,654 103,000 SH   SOLE   103,000 0 0
JOURNAL MEDIA GROUP INC COM 48114A109   3,390 452,066 SH   SOLE   452,066 0 0
KOPPERS HOLDINGS INC COM 50060P106   9,517 471,854 SH   SOLE   471,854 0 0
KOPPERS HOLDINGS INC COM 50060P906   188 9,300 SH Call SOLE   9,300 0 0
LSB INDS INC COM 502160104   2,544 166,042 SH   SOLE   166,042 0 0
MACYS INC COM 55616P104   3,182 62,000 SH   SOLE   62,000 0 0
MARATHON PETE CORP COM 56585A102   324 7,000 SH   SOLE   7,000 0 0
MARATHON PETE CORP COM 56585A902   4,633 100,000 SH Call SOLE   100,000 0 0
MARATHON PETE CORP COM 56585A952   3,243 70,000 SH Put SOLE   70,000 0 0
MONSANTO CO NEW COM 61166W951   4,267 50,000 SH Put SOLE   50,000 0 0
NORTHSTAR ASSET MGMT GROUP I COM 66705Y904   422 29,400 SH Call SOLE   29,400 0 0
NORTHSTAR ASSET MGMT GROUP I COM 66705Y104   10,794 751,654 SH   SOLE   751,654 0 0
NORTHSTAR RLTY FIN CORP COM NEW 66704R704   7,931 642,197 SH   SOLE   642,197 0 0
ORBITAL ATK INC COM 68557N103   9,123 126,934 SH   SOLE   126,934 0 0
RADIO ONE INC CL D NON VTG 75040P405   825 387,397 SH   SOLE   387,397 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y905   6,798 300,000 SH Call SOLE   300,000 0 0
SEMGROUP CORP CL A 81663A105   663 15,329 SH   SOLE   15,329 0 0
SEMGROUP CORP CL A 81663A905   3,243 75,000 SH Call SOLE   75,000 0 0
SPDR S&P 500 ETF TRUST TR UNIT 78462F103   38,318 200,000 SH Put SOLE   200,000 0 0
SPRINGLEAF HLDGS INC COM 85172J101   583 13,341 SH   SOLE   13,341 0 0
SUNCOKE ENERGY INC COM 86722A103   2,853 366,662 SH   SOLE   366,662 0 0
SUNCOKE ENERGY INC COM 86722A903   389 50,000 SH Call SOLE   50,000 0 0
SUNCOKE ENERGY PARTNERS L P COMUNIT REP LT 86722Y101   4,074 368,658 SH   SOLE   368,658 0 0
SUNEDISON INC COM 86732Y109   1,868 260,199 SH   SOLE   260,199 0 0
SUNEDISON INC COM 86732Y909   4,441 618,500 SH Call SOLE   618,500 0 0
SYMMETRY SURGICAL INC COM 87159G100   3,544 398,184 SH   SOLE   398,184 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K952   1,784 10,000 SH Put SOLE   10,000 0 0
VIACOM INC NEW CL B 92553P901   4,315 100,000 SH Call SOLE   100,000 0 0
WESTMORELAND COAL CO COM 960878906   423 30,000 SH Call SOLE   30,000 0 0
YAHOO INC COM 984332106   6,383 220,786 SH   SOLE   220,786 0 0
YAHOO INC COM 984332906   2,891 100,000 SH Call SOLE   100,000 0 0