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 882 36,593 SH   OTR   0 36,593 0
ALJ REGIONAL HOLDINGS INC COM 001627108 337 306,461 SH   OTR   0 306,461 0
ALPHABET INC CAP STK CL A 02079K305 12,623 7,202 SH   OTR   0 7,177 25
ALPHABET INC CAP STK CL C 02079K107 14,167 8,087 SH   OTR   0 8,062 25
AMERICAN EXPRESS CO COM 025816109 388 3,210 SH   OTR   0 3,210 0
APACHE CORP COM 037411105 851 60,000 SH   OTR   0 60,000 0
APPLE INC COM 037833100 29,420 221,721 SH   OTR   0 221,421 300
AT&T INC COM 00206R102 401 13,957 SH   OTR   0 13,957 0
AVALON HOLDINGS CORP CL A 05343P109 63 24,136 SH   OTR   0 24,136 0
AVIS BUDGET GROUP COM 053774105 2,019 54,119 SH   OTR   0 53,519 600
BANK OF AMERICA CORP COM 060505104 1,451 47,863 SH   OTR   0 47,863 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 49,082 211,677 SH   OTR   0 210,949 728
BP PLC SPONSORED ADR 055622104 484 23,600 SH   OTR   0 23,600 0
BROOKFIELD ASSET MANAGEMENT CL A LTD VT SH 112585104 390 9,450 SH   OTR   0 9,450 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 422 304 SH   OTR   0 304 0
COMCAST CORP NEW CL A 20030N101 957 18,270 SH   OTR   0 18,270 0
COSTCO WHOLESALE CORP NEW COM 22160K105 333 884 SH   OTR   0 884 0
DASEKE INC COM 23753F107 1,917 330,017 SH   OTR   0 330,017 0
DASEKE INC W EXP 02/27/2022 23753F115 195 1,085,037 SH   OTR   0 1,085,037 0
DISNEY WALT CO COM DISNEY 254687106 778 4,293 SH   OTR   0 4,293 0
ENTERCOM COMMUNICATIONS CORP CL A 293639100 1,722 697,268 SH   OTR   0 697,268 0
GOLDMAN SACHS GROUP INC COM 38141G104 701 2,660 SH   OTR   0 2,660 0
GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 383 52,395 SH   OTR   0 52,395 0
HOPE BANCORP INC COM 43940T109 113 10,327 SH   OTR   0 10,327 0
INFRASTRUCTURE & ENERGY ALTERNATIVE COM 45686J104 352 21,245 SH   OTR   0 21,245 0
JEFFERIES FINL GROUP INC COM 47233W109 2,226 90,480 SH   OTR   0 90,480 0
J.P. MORGAN CHASE & CO COM 46625H100 6,711 52,816 SH   OTR   0 52,816 0
JOHNSON & JOHNSON COM 478160104 381 2,424 SH   OTR   0 2,424 0
LEE ENTERPRISES INC COM 523768109 176 139,851 SH   OTR   0 139,851 0
LIBERTY BROADBAND CORP COM SER A 530307107 3,515 22,304 SH   OTR   0 22,304 0
LIBERTY BROADBAND CORP COM SER C 530307305 5,675 35,831 SH   OTR   0 35,831 0
LIBERTY GLOBAL PLC SHS CLASS A G5480U104 217 8,972 SH   OTR   0 8,972 0
LIBERTY GLOBAL PLC SHS CLASS C G5480U120 1,576 66,654 SH   OTR   0 66,654 0
LIBERTY GLOBAL PLC LILAC SHS CLASS A G9001E102 1,061 95,363 SH   OTR   0 94,363 1,000
LIBERTY GLOBAL PLC LILAC SHS CLASS C G9001E128 2,850 256,966 SH   OTR   0 256,697 269
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 296 11,890 SH   OTR   0 11,890 0
LIBERTY MEDIA CORP DELAWARE COM SER A FRMLA 531229870 332 8,733 SH   OTR   0 8,733 0
LIBERTY MEDIA CORP DELAWARE COM SER C FRMLA 531229854 647 15,194 SH   OTR   0 15,194 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 3,882 89,871 SH   OTR   0 89,871 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 5,535 127,219 SH   OTR   0 126,863 356
LIBERTY TRIPADVISOR HLDGS INC COM SER A 531465102 1,310 301,884 SH   OTR   0 301,884 0
LIMBACH HOLDINGS INC COM 53263P105 409 33,147 SH   OTR   0 33,147 0
LIVE NATION ENTERTAINMENT INC COM 538034109 2,174 29,589 SH   OTR   0 29,589 0
LORAL SPACE & COMMUNICATIONS COM 543881106 492 23,425 SH   OTR   0 23,425 0
MCDONALDS CORP COM 580135101 274 1,275 SH   OTR   0 1,275 0
MERCURY GENERAL CORP NEW COM 589400100 574 10,995 SH   OTR   0 10,595 400
MERRIMACK PHARMACEUTICALS INC COM NEW 590328209 1,283 186,198 SH   OTR   0 186,198 0
MICROSOFT CORP COM 594918104 4,325 19,445 SH   OTR   0 19,370 75
NEXPOINT RESIDENTIAL TRUST INC COM 65341D102 299 7,061 SH   OTR   0 7,061 0
OVINTIV INC COM 69047Q102 316 22,000 SH   OTR   0 22,000 0
PATRIOT TRANSPORTATION HOLDING INC COM 70338W105 246 28,069 SH   OTR   0 28,069 0
PRICESMART INC COM 741511109 1,667 18,298 SH   OTR   0 18,048 250
QURATE RETAIL INC COM SER A 74915M100 152 13,900 SH   OTR   0 13,900 0
READING INTERNATIONAL INC CL A 755408101 6,193 1,233,757 SH   OTR   0 1,231,757 2,000
SCRIPPS E W CO OHIO CL A NEW 811054402 229 15,000 SH   OTR   0 15,000 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 1,386 78,909 SH   OTR   0 61,909 17,000
SIRIUS XM HOLDINGS INC COM 82968B103 69 10,805 SH   OTR   0 10,805 0
SPECTRUM BRANDS HOLDINGS INC COM 84790A105 241 3,050 SH   OTR   0 3,050 0
SUNLINK HEALTH SYSTEMS INC COM 86737U102 671 528,553 SH   OTR   0 528,553 0
THRYV HOLDINGS INC COM NEW 866029206 261 19,334 SH   OTR   0 19,334 0
TIDEWATER INC NEW COM 88642R109 2,229 257,983 SH   OTR   0 257,983 0
TIDEWATER INC NEW W EXP 11/24/2024 88642R174 4 13,100 SH   OTR   0 13,100 0
UNIVAR SOLUTIONS INC COM 91336L107 2,987 157,149 SH   OTR   0 157,149 0
UNIVERSAL STAINLESS & ALLOY COM 913837100 1,117 149,392 SH   OTR   0 149,392 0
US BANCORP DEL COM NEW 902973304 1,165 25,000 SH   OTR   0 25,000 0
VERSO CORP CL A 92531L207 5,586 464,743 SH   OTR   0 463,243 1,500
WELLS FARGO CO NEW PERP PRD CNV A 949746804 4,507 2,969 SH   OTR   0 2,969 0
WELLS FARGO CO NEW COM NEW 949746101 8,143 269,825 SH   OTR   0 269,825 0
WYNDHAM DESTINATIONS INC COM 98310W108 457 10,190 SH   OTR   0 10,190 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 418 7,027 SH   OTR   0 7,027 0
ZOETIS INC CL A 98978V103 378 2,282 SH   OTR   0 2,282 0