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
ADAMS RESOURCES & ENERGY INC COM NEW 006351308 797 40,049 SH   OTR   0 40,049 0
ALJ REGIONAL HOLDINGS INC COM 001627108 207 284,961 SH   OTR   0 284,961 0
ALPHABET INC CAP STK CL A 02079K305 10,555 7,202 SH   OTR   0 7,142 60
ALPHABET INC CAP STK CL C 02079K107 12,090 8,227 SH   OTR   0 8,187 40
AMERICAN EXPRESS CO COM 025816109 322 3,210 SH   OTR   0 3,210 0
APACHE CORP COM 037411105 849 89,675 SH   OTR   0 89,675 0
APPLE INC COM 037833100 25,716 222,051 SH   OTR   0 221,387 664
AT&T INC COM 00206R102 443 15,527 SH   OTR   0 15,227 300
AVALON HOLDINGS CORP CL A 05343P109 70 40,244 SH   OTR   0 40,244 0
AVIS BUDGET GROUP COM 053774105 1,424 54,119 SH   OTR   0 53,519 600
BANK OF AMERICA CORP COM 060505104 1,153 47,863 SH   OTR   0 47,863 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 45,570 214,002 SH   OTR   0 212,019 1,983
BP PLC SPONSORED ADR 055622104 464 26,600 SH   OTR   0 26,600 0
BROOKFIELD ASSET MANAGEMENT CL A LTD VT SH 112585104 312 9,450 SH   OTR   0 9,450 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 378 304 SH   OTR   0 304 0
COMCAST CORP NEW CL A 20030N101 845 18,270 SH   OTR   0 18,270 0
COMPUTER TASK GROUP INC COM 205477102 131 26,375 SH   OTR   0 26,375 0
COSTCO WHOLESALE CORP NEW COM 22160K105 314 884 SH   OTR   0 884 0
DASEKE INC COM 23753F107 2,402 447,282 SH   OTR   0 447,282 0
DASEKE INC W EXP 02/27/2022 23753F115 157 1,076,202 SH   OTR   0 1,076,202 0
DISNEY WALT CO COM DISNEY 254687106 557 4,493 SH   OTR   0 4,493 0
ENTERCOM COMMUNICATIONS CORP CL A 293639100 963 598,175 SH   OTR   0 598,175 0
FREIGHTCAR AMERICA INC COM 357023100 107 46,911 SH   OTR   0 46,911 0
GCI LIBERTY INC COM CLASS A 36164V305 2,360 28,797 SH   OTR   0 28,797 0
GOLDMAN SACHS GROUP INC COM 38141G104 535 2,660 SH   OTR   0 2,660 0
GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 406 60,395 SH   OTR   0 60,395 0
HOPE BANCORP INC COM 43940T109 78 10,327 SH   OTR   0 10,327 0
INFRASTRUCTURE & ENERGY ALTERNATIVE COM 45686J104 126 21,245 SH   OTR   0 21,245 0
JEFFERIES FINL GROUP INC COM 47233W109 3,708 205,981 SH   OTR   0 204,781 1,200
J.P. MORGAN CHASE & CO COM 46625H100 5,098 52,957 SH   OTR   0 52,957 0
JOHNSON & JOHNSON COM 478160104 361 2,424 SH   OTR   0 2,424 0
LEE ENTERPRISES INC COM 523768109 112 132,918 SH   OTR   0 132,918 0
LIBERTY BROADBAND CORP COM SER A 530307107 3,170 22,356 SH   OTR   0 22,327 29
LIBERTY BROADBAND CORP COM SER C 530307305 2,891 20,237 SH   OTR   0 20,176 61
LIBERTY GLOBAL PLC SHS CLASS A G5480U104 189 8,972 SH   OTR   0 8,972 0
LIBERTY GLOBAL PLC SHS CLASS C G5480U120 2,604 126,803 SH   OTR   0 126,803 0
LIBERTY GLOBAL PLC LILAC SHS CLASS A G9001E102 1,254 152,009 SH   OTR   0 151,009 1,000
LIBERTY GLOBAL PLC LILAC SHS CLASS C G9001E128 2,367 290,844 SH   OTR   0 290,844 0
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 250 11,890 SH   OTR   0 11,866 24
LIBERTY MEDIA CORP DELAWARE COM SER A FRMLA 531229870 294 8,785 SH   OTR   0 8,756 29
LIBERTY MEDIA CORP DELAWARE COM SER C FRMLA 531229854 564 15,548 SH   OTR   0 15,487 61
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 2,888 87,081 SH   OTR   0 86,957 124
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 4,210 127,273 SH   OTR   0 126,669 604
LIBERTY TRIPADVISOR HLDGS INC COM SER A 531465102 610 352,884 SH   OTR   0 352,884 0
LIMBACH HOLDINGS INC COM 53263P105 1,186 110,842 SH   OTR   0 110,842 0
LIVE NATION ENTERTAINMENT INC COM 538034109 1,621 30,084 SH   OTR   0 30,084 0
LORAL SPACE & COMMUNICATIONS COM 543881106 505 27,576 SH   OTR   0 27,276 300
MCDONALDS CORP COM 580135101 280 1,275 SH   OTR   0 1,275 0
MERCURY GENERAL CORP NEW COM 589400100 455 10,995 SH   OTR   0 10,495 500
MERRIMACK PHARMACEUTICALS INC COM NEW 590328209 620 186,198 SH   OTR   0 186,198 0
MICROSOFT CORP COM 594918104 4,133 19,652 SH   OTR   0 19,577 75
PATRIOT TRANSPORTATION HOLDING INC COM 70338W105 406 46,290 SH   OTR   0 46,290 0
PRICESMART INC COM 741511109 1,216 18,298 SH   OTR   0 17,448 850
PURPLE INNOVATION INC W EXP 2/2/23 Y4640Y114 102 15,148 SH   OTR   0 15,148 0
QURATE RETAIL INC COM SER A 74915M100 100 13,900 SH   OTR   0 13,900 0
READING INTERNATIONAL INC CL A 755408101 3,957 1,229,009 SH   OTR   0 1,214,971 14,038
SCORPIO TANKERS INC SHS Y7542C130 351 31,700 SH   OTR   0 31,700 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 1,440 78,909 SH   OTR   0 77,209 1,700
SIRIUS XM HOLDINGS INC COM 82968B103 58 10,805 SH   OTR   0 10,805 0
SPECTRUM BRANDS HOLDINGS INC COM 84790A105 515 9,018 SH   OTR   0 9,018 0
SUNLINK HEALTH SYSTEMS INC COM 86737U102 583 613,576 SH   OTR   0 613,576 0
TIDEWATER INC NEW COM 88642R109 2,548 379,788 SH   OTR   0 379,788 0
TIDEWATER INC NEW W EXP 11/24/2024 88642R174 4 13,100 SH   OTR   0 13,100 0
UNIVAR SOLUTIONS INC COM 91336L107 3,094 183,310 SH   OTR   0 183,310 0
UNIVERSAL STAINLESS & ALLOY COM 913837100 1,089 198,411 SH   OTR   0 198,411 0
US BANCORP DEL COM NEW 902973304 1,900 53,000 SH   OTR   0 53,000 0
VERSO CORP CL A 92531L207 4,267 540,843 SH   OTR   0 539,343 1,500
WELLS FARGO CO NEW PERP PRD CNV A 949746804 3,985 2,969 SH   OTR   0 2,924 45
WELLS FARGO CO NEW COM NEW 949746101 10,955 465,979 SH   OTR   0 464,035 1,944
WYNDHAM DESTINATIONS INC COM 98310W108 323 10,505 SH   OTR   0 10,505 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 355 7,027 SH   OTR   0 7,027 0
ZOETIS INC CL A 98978V103 377 2,282 SH   OTR   0 2,282 0