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
AERCAP HOLDINGS NV SHS N00985106 2,029 40,000 SH   SOLE   40,000 0 0
ATLANTIC POWER CORP COM NEW 04878Q863 506 240,726 SH   SOLE   240,726 0 0
CAREER EDUCATION CORP COM 141665109 867 66,004 SH   SOLE   66,004 0 0
CINER RESOURCES LP COM UNIT LTD 172464109 1,313 47,111 SH   SOLE   47,111 0 0
CITIGROUP INC COM 172967424 1,104 16,350 SH   SOLE   16,350 0 0
ENBRIDGE ENERGY PARTNERS LP COM 29250R106 4,287 444,702 SH   SOLE   444,702 0 0
EQUITY COMMONWEALTH COM SH BEN INT 294628102 4,403 143,551 SH   SOLE   143,551 0 0
ERA GROUP INC COM 26885G109 596 63,699 SH   SOLE   63,699 0 0
FEDERAL STR ACQUISITION CORP CL A 31421V107 2,931 300,000 SH   SOLE   300,000 0 0
FIESTA RESTAURANT GROUP COM 31660B101 2,243 121,251 SH   SOLE   121,251 0 0
FIRST NORTHWEST BANCORP COM 335834107 1,116 66,099 SH   SOLE   66,099 0 0
FIRST UNITED CORP COM 33741H107 357 18,617 SH   SOLE   18,617 0 0
GORES HOLDINGS II INC COM CL A 382867109 1,285 128,505 SH   SOLE   128,505 0 0
GTY TECHNOLOGY HOLDINGS IN-A CL A G4182A102 799 80,300 SH   SOLE   80,300 0 0
HOPFED BANCORP INC COM 439734104 1,278 87,860 SH   SOLE   87,860 0 0
HUNTER MARITIME ACQUISITION CL A Y37828111 2,357 240,229 SH   SOLE   240,229 0 0
IF BANCORP INC COM 44951J105 89 4,462 SH   SOLE   4,462 0 0
INDUSTRIAL LOGISTICS PPTYS T COM SHS BEN INT ADDED 456237106 7,288 358,312 SH   SOLE   358,312 0 0
JAMBA INC COM 47023A309 4,133 481,689 SH   SOLE   481,689 0 0
JPMORGAN CHASE & CO COM 46625H100 742 6,750 SH   SOLE   6,750 0 0
KAYNE ANDERSON ACQUISITION-A COM 48661U102 7,747 791,363 SH   SOLE   791,363 0 0
LANDCADIA HOLDINGS INC CL A 51476W107 1,004 100,000 SH   SOLE   100,000 0 0
LIFEVANTAGE CORP COM NEW 53222K205 98 27,108 SH   SOLE   27,108 0 0
LINCOLN NATIONAL PUT 534187959 44 200 SH Put SOLE   200 0 0
LORAL SPACE & COMMUNICATIONS COM 543881106 2,140 51,391 SH   SOLE   51,391 0 0
LPL FINANCIAL HOLDINGS INC COM 50212V100 660 10,800 SH   SOLE   10,800 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 1,388 144,572 SH   SOLE   144,572 0 0
MARCUS CORPORATION COM 566330106 2,650 87,299 SH   SOLE   87,299 0 0
MARLIN BUSINESS SERVICES INC COM 571157106 5,999 211,594 SH   SOLE   211,594 0 0
MICROSTRATEGY INC-CL A CL A NEW 594972408 3,176 24,625 SH   SOLE   24,625 0 0
NATIONAL CINEMEDIA INC COM 635309107 425 81,900 SH   SOLE   81,900 0 0
NI HOLDINGS INC COM 65342T106 381 22,810 SH   SOLE   22,810 0 0
NICHOLAS FINANCIAL INC COM NEW 65373J209 975 107,461 SH   SOLE   107,461 0 0
OFS CAPITAL CORP COM 67103B100 5,665 504,945 SH   SOLE   504,945 0 0
OP BANCORP COM ADDED 67109R109 621 49,884 SH   SOLE   49,884 0 0
OSPREY ENERGY ACQUISITION CO CL A COM 688397108 1,338 139,101 SH   SOLE   139,101 0 0
PG&E CORP COM 69331C108 3,554 80,900 SH   SOLE   80,900 0 0
PLAYA HOTELS & RESORTS NV SHS N70544106 4,185 409,505 SH   SOLE   409,505 0 0
POAGE BANKSHARES INC COM 730206109 2,438 125,874 SH   SOLE   125,874 0 0
POWERSHARES DB US DOL IND BU DOLL INDX BULL 73936D107 10,039 425,200 SH   SOLE   425,200 0 0
READING INTERNATIONAL INC CL A 755408101 1,304 78,312 SH   SOLE   78,312 0 0
RLJ LODGING TR CUM CONV PFD A ADDED 74965L200 2,988 117,749 PRN   SOLE   117,749 0 0
SABAN CAPITAL ACQUISITION CORP COM CL A 78516C106 1,285 129,264 SH   SOLE   129,264 0 0
SOCIAL CAPITAL HEDOSOPHIA HO CL A G8250R103 1,217 121,300 SH   SOLE   121,300 0 0
SOUND FINANCIAL BANCORP INC COM 83607A100 462 12,560 SH   SOLE   12,560 0 0
SOUTHWEST AIRLS CO COM 844741108 682 11,900 SH   SOLE   11,900 0 0
UNIQUE FABRICATING INC COM 90915J103 493 58,362 SH   SOLE   58,362 0 0
VANTAGE ENERGY ACQUISITION-A CL A 92211L105 2,831 289,480 SH   SOLE   289,480 0 0
VEREIT INC COM 92339V100 4,218 606,073 SH   SOLE   606,073 0 0
WCF BANCORP INC COM 92940L103 442 45,804 SH   SOLE   45,804 0 0
WELLS FARGO & CO COM 949746101 2,762 52,700 SH   SOLE   52,700 0 0