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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Approach Resources, Inc. COM 03834A103 2,517 1,002,872 SH   DFND   0 1,002,872 0
Bank of Montreal COM 063671101 5,960 78,718 SH   DFND   0 78,718 0
Danaher Corp. COM 235851102 643 7,500 SH   DFND   0 7,500 0
EnLink Midstream LLC COM UNIT 29336T100 32,465 1,882,007 SH   DFND   0 1,882,007 0
Ford Motor Company COM 345370860 958 80,000 SH   DFND   0 80,000 0
Hallador Energy Company COM 40609P105 15,951 2,788,685 SH   DFND   0 2,788,685 0
iShares Core S&P Mid- Cap (IJH) Index ETF 464287507 6,870 38,400 SH   DFND   0 38,400 0
Star Gas Partners L.P. UNIT 85512C105 2,270 200,000 SH   DFND   0 200,000 0
TCP Capital Corp. COM 87238Q103 1,262 76,546 SH   DFND   0 76,546 0
Vanguard Index Value ETF (VTV) Value ETF 922908744 7,699 77,126 SH   DFND   0 77,126 0
Vanguard Index Mid- Cap Value ETF (VOE) Value ETF 922908512 6,502 61,550 SH   DFND   0 61,550 0
Vanguard Growth ETF (VUG) Growth ETF 922908736 4,314 32,500 SH   DFND   0 32,500 0