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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
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
BLUEGREEN VACATIONS CORP COM 09629F108 15,831 1,531,000 SH   SOLE   1,531,000 0 0
HIGHLAND INCOME FUND HIGHLAND INCOME 43010E404 18,998 1,528,420 SH   SOLE   1,528,420 0 0
LYON WILLIAM HOMES CL A NEW 552074700 49,950 2,500,000 SH   SOLE   2,500,000 0 0