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
ASCENT CAP GROUP INC COM SER A 043632108 34 86,384 SH   SOLE N/A 86,384 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 6,852 9,789,000 PRN   SOLE N/A 9,789,000 0 0
BOYD GAMING CORP COM 103304101 2,686 129,239 SH   SOLE N/A 129,239 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 6,748 499,830 SH   SOLE N/A 499,830 0 0
CAESARS ENTMT CORP COM 127686103 6,790 1,000,000 SH   SOLE N/A 1,000,000 0 0
CHESAPEAKE ENERGY CORP NOTE 5.500% 9/1 165167CY1 9,112 11,250,000 PRN   SOLE N/A 11,250,000 0 0
DISH NETWORK CORP NOTE 3.375% 8/1 25470MAB5 37,423 46,648,000 PRN   SOLE N/A 46,648,000 0 0
EVERI HLDGS INC COM 30034T103 801 155,630 SH   SOLE N/A 155,630 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 4,053 1,817,349 SH   SOLE N/A 1,817,349 0 0
GOGO INC COM 38046C109 502 167,948 SH   SOLE N/A 167,948 0 0
GRAY TELEVISION INC COM 389375106 10,293 698,312 SH   SOLE N/A 698,312 0 0
HALCON RES CORP COM PAR NEW 40537Q605 4,814 2,831,580 SH   SOLE N/A 2,831,580 0 0
INTELSAT S A COM L5140P101 10,695 500,000 SH Put SOLE N/A 500,000 0 0
INTELSAT S A COM L5140P101 12,022 562,045 SH   SOLE N/A 562,045 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 6,247 167,702 SH   SOLE N/A 167,702 0 0
MATTEL INC COM 577081102 8,991 900,000 SH Call SOLE N/A 900,000 0 0
MIDSTATES PETE CO INC COM PAR 59804T407 7,154 952,616 SH   SOLE N/A 952,616 0 0
OI S A SPONSORED ADR NE 670851500 1,482 926,221 SH   SOLE N/A 926,221 0 0
PRETIUM RES INC COM 74139C102 10,492 1,241,629 SH   SOLE N/A 1,241,629 0 0
PYXUS INTL INC COM 74737V106 166 14,000 SH   SOLE N/A 14,000 0 0
QUORUM HEALTH CORP COM 74909E106 838 290,000 SH   SOLE N/A 290,000 0 0
SEADRILL LTD COM G7998G106 989 101,459 SH   SOLE N/A 101,459 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 399,872 1,600,000 SH Call SOLE N/A 1,600,000 0 0
U S WELL SVCS INC *W EXP 03/15/202 91274U119 223 372,422 SH   SOLE N/A 372,422 0 0
VICI PPTYS INC COM 925652109 9,146 487,008 SH   SOLE N/A 487,008 0 0