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

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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
DEMAND MEDIA INC COM NEW 24802N208 672 109,877 SH   DFND 1, 2, 3 109,877 0 0
MFC INDL LTD COM 55278T105 3,455 487,941 SH   DFND 1, 2, 3 487,941 0 0
SBA COMMUNICATIONS CORP COM 78388J106 29,293 264,474 SH   DFND 1, 2, 3 264,474 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 63,650 5,000,000 SH Call DFND 1, 2, 3 5,000,000 0 0
SEARS HOMETOWN & OUTLET STOR COM 812362101 1,415 107,573 SH   DFND 1, 2, 3 107,573 0 0
USA TRUCK INC COM 902925106 39,760 1,400,000 SH   DFND 1, 2, 3 1,400,000 0 0
WALTER INVT MGMT CORP COM 93317W102 73,434 4,447,834 SH   DFND 1, 2, 3 4,447,834 0 0
WALTER INVT MGMT CORP COM 93317W102 22,315 1,351,626 SH   DFND 2, 3 1,351,626 0 0