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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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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALICO INC COM 016230104   5,477 174,979 SH   OTR   0 174,979 0
BAGGER DAVES BURGER TAVERN INC COM 056646102   110 457,889 SH   OTR   0 457,889 0
BLACKROCK INC COM 09247X101   21,121 50,000 SH   OTR   0 0 50,000
CHATHAM LODGING TR COM 16208T102   9,522 473,974 SH   OTR   0 473,974 0
CIT GROUP INC COM NEW 125581801   14,269 293,000 SH   OTR   0 293,000 0
COLFAX CORP COM 194014106   2,106 53,500 SH   OTR   0 53,500 0
DRIL-QUIP INC COM 262037104   7,740 158,600 SH   OTR   0 158,600 0
EAGLE MATERIALS INC COM 26969P108   5,545 60,000 SH   OTR   0 0 60,000
EQUITY COMWLTH COM SH BEN INT 294628102   3,432 108,600 SH   OTR   0 108,600 0
FIESTA RESTAURANT GROUP INC COM 31660B101   10,717 519,000 SH   OTR   0 519,000 0
GREEN BRICK PARTNERS INC COM 392709101   3,297 287,974 SH   OTR   0 287,974 0
PAR PACIFIC HOLDINGS INC COM NEW 69888T207   7,459 413,478 SH   OTR   0 413,478 0
REGIS CORP MINN COM 758932107   109,429 10,655,170 SH   OTR   0 10,655,170 0
SELECT COMFORT CORP COM 81616X103   9,661 272,221 SH   OTR   0 272,221 0
SIGNET JEWELERS LIMITED SHS G81276100   8,854 140,000 SH   OTR   0 140,000 0
STARWOOD PPTY TR INC COM 85571B105   6,717 300,000 SH   OTR   0 300,000 0
WALTER INVT MGMT CORP COM 93317W102   7,079 7,474,587 SH   OTR   0 7,474,587 0