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
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 5,751 9,789,000 PRN   SOLE N/A 9,789,000 0 0
BOYD GAMING CORP COM 103304101 18,758 541,209 SH   SOLE N/A 541,209 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 12,821 543,250 SH   SOLE N/A 543,250 0 0
CONSTELLIUM NV CL A N22035104 12,142 1,178,802 SH   SOLE N/A 1,178,802 0 0
DISH NETWORK CORP CL A 25470M109 6,813 202,709 SH   SOLE N/A 202,709 0 0
DISH NETWORK CORP NOTE 3.375% 8/1 25470MAB5 40,862 42,106,000 PRN   SOLE N/A 42,106,000 0 0
DITECH HLDG CORP COM 25501G105 256 49,062 SH   SOLE N/A 49,062 0 0
EVERI HLDGS INC COM 30034T103 15,604 2,167,264 SH   SOLE N/A 2,167,264 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 4,639 1,841,059 SH   SOLE N/A 1,841,059 0 0
GRAY TELEVISION INC COM 389375106 16,506 1,044,655 SH   SOLE N/A 1,044,655 0 0
HALCON RES CORP COM PAR NEW 40537Q605 9,687 2,206,639 SH   SOLE N/A 2,206,639 0 0
HORNBECK OFFSHORE SVCS INC N COM 440543106 860 217,124 SH   SOLE N/A 217,124 0 0
INTELSAT S A COM L5140P101 6,927 415,797 SH   SOLE N/A 415,797 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 262,327 1,601,800 SH Put SOLE N/A 1,601,800 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 6,417 170,657 SH   SOLE N/A 170,657 0 0
MACQUARIE INFRASTRUCTURE COR COM 55608B105 3,807 90,223 SH   SOLE N/A 90,223 0 0
MATLIN & PARTNERS ACQUISITIO *W EXP 05/28/202 57682V114 247 379,941 SH   SOLE N/A 379,941 0 0
MIDSTATES PETE CO INC COM PAR 59804T407 13,235 972,450 SH   SOLE N/A 972,450 0 0
MUDRICK CAP ACQUISITION CORP *W EXP 02/12/202 624745113 256 400,000 SH   SOLE N/A 400,000 0 0
MUDRICK CAP ACQUISITION CORP COM CLASS A 624745105 3,860 400,000 SH   SOLE N/A 400,000 0 0
NEW YORK REIT INC COM NEW 64976L208 3,295 180,661 SH   SOLE N/A 180,661 0 0
PENNEY J C INC COM 708160106 1,170 500,000 SH Call SOLE N/A 500,000 0 0
PG&E CORP COM 69331C108 7,184 168,802 SH   SOLE N/A 168,802 0 0
PRETIUM RES INC COM 74139C102 9,361 1,275,334 SH   SOLE N/A 1,275,334 0 0
QUORUM HEALTH CORP COM 74909E106 1,000 200,000 SH   SOLE N/A 200,000 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 7,346 414,076 SH   SOLE N/A 414,076 0 0
SM ENERGY CO COM 78454L100 6,565 255,548 SH   SOLE N/A 255,548 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 54,256 200,000 SH Put SOLE N/A 200,000 0 0
TRINITY MERGER CORP COM CL A 89653L106 2,451 250,000 SH   SOLE N/A 250,000 0 0
TWITTER INC NOTE 0.250% 9/1 90184LAB8 14,775 15,194,000 PRN   SOLE N/A 15,194,000 0 0
VICI PPTYS INC COM 925652109 29,806 1,444,066 SH   SOLE N/A 1,444,066 0 0