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
BERKSHIRE HATHAWAY INC DEL CL A 084670108 4,345 21 SH   SOLE   21 0 0
CATCHMARK TIMBER TR INC CL A 14912Y202 158 14,429 SH   SOLE   14,429 0 0
CROWN MEDIA HLDGS INC CL A 228411104 1,032 322,462 SH   SOLE   322,462 0 0
HF2 FINL MGMT INC CL A 40421A104 685 65,820 SH   SOLE   65,820 0 0
MAXLINEAR INC CL A 57776J100 777 112,931 SH   SOLE   112,931 0 0
SKILLED HEALTHCARE GROUP INC CL A 83066R107 8,934 1,353,650 SH   SOLE   1,353,650 0 0
TELECOMMUNICATION SYS INC CL A 87929J103 9,319 3,340,059 SH   SOLE   3,340,059 0 0
VALUEVISION MEDIA INC CL A 92047K107 15,874 3,094,365 SH   SOLE   3,094,365 0 0
OPPENHEIMER HLDGS INC CL A NON VTG 683797104 390 19,245 SH   SOLE   19,245 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,607 11,630 SH   SOLE   11,630 0 0
A MARK PRECIOUS METALS INC COM 00181T107 473 41,613 SH   SOLE   41,613 0 0
ACORN ENERGY INC COM 004848107 948 611,449 SH   SOLE   611,449 0 0
BIOTELEMETRY INC COM 090672106 9,368 1,396,086 SH   SOLE   1,396,086 0 0
BLACKBERRY LTD COM 09228F103 9,067 912,196 SH   SOLE   912,196 0 0
BSB BANCORP INC MD COM 05573H108 543 29,486 SH   SOLE   29,486 0 0
BUILD A BEAR WORKSHOP COM 120076104 11,956 914,036 SH   SOLE   914,036 0 0
CALLON PETE CO DEL COM 13123X102 3,803 431,657 SH   SOLE   431,657 0 0
CAVCO INDS INC DEL COM 149568107 9,256 136,122 SH   SOLE   136,122 0 0
DIGIRAD CORP COM 253827109 3,647 928,040 SH   SOLE   928,040 0 0
EAGLE BANCORP MONT INC COM 26942G100 345 32,124 SH   SOLE   32,124 0 0
ENVIVIO INC COM 29413T106 3,441 1,870,097 SH   SOLE   1,870,097 0 0
ESSA BANCORP INC COM 29667D104 347 30,739 SH   SOLE   30,739 0 0
FEDFIRST FINL CORP NEW COM 31429C101 444 20,412 SH   SOLE   20,412 0 0
FIVE STAR QUALITY CARE INC COM 33832D106 277 73,351 SH   SOLE   73,351 0 0
GLADSTONE LD CORP COM 376549101 659 54,842 SH   SOLE   54,842 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 9,667 861,570 SH   SOLE   861,570 0 0
GRAHAM HLDGS CO COM 384637104 456 652 SH   SOLE   652 0 0
GTT COMMUNICATIONS INC COM 362393100 32,451 2,724,717 SH   SOLE   2,724,717 0 0
HOOPER HOLMES INC COM 439104100 6,550 10,783,314 SH   SOLE   10,783,314 0 0
HUDSON GLOBAL INC COM 443787106 2,511 664,163 SH   SOLE   664,163 0 0
INTRALINKS HLDGS INC COM 46118H104 14,987 1,850,200 SH   SOLE   1,850,200 0 0
JACKSONVILLE BANCORP INC MD COM 46924R106 435 19,488 SH   SOLE   19,488 0 0
LEMAITRE VASCULAR INC COM 525558201 6,258 909,539 SH   SOLE   909,539 0 0
LIPOSCIENCE INC COM 53630M108 6,681 1,289,735 SH   SOLE   1,289,735 0 0
NEW YORK & CO INC COM 649295102 4,275 1,410,799 SH   SOLE   1,410,799 0 0
NORTH AMERN ENERGY PARTNERS COM 656844107 12,370 1,920,797 SH   SOLE   1,920,797 0 0
ONEIDA FINL CORP MD COM 682479100 424 31,603 SH   SOLE   31,603 0 0
PC-TEL INC COM 69325Q105 2,117 278,972 SH   SOLE   278,972 0 0
PLUM CREEK TIMBER CO INC COM 729251108 112 2,874 SH   SOLE   2,874 0 0
PMFG INC COM 69345P103 6,425 1,284,900 SH   SOLE   1,284,900 0 0
POTLATCH CORP NEW COM 737630103 115 2,850 SH   SOLE   2,850 0 0
RAYONIER INC COM 754907103 124 3,971 SH   SOLE   3,971 0 0
REIS INC COM 75936P105 3,012 127,673 SH   SOLE   127,673 0 0
RESOLUTE ENERGY CORP COM 76116A108 5,048 805,110 SH   SOLE   805,110 0 0
RETRACTABLE TECHNOLOGIES INC COM 76129W105 643 221,875 SH   SOLE   221,875 0 0
RIGHTSIDE GROUP LTD COM 76658B100 3,822 392,049 SH   SOLE   392,049 0 0
SEARS HOMETOWN & OUTLET STOR COM 812362101 2,710 174,852 SH   SOLE   174,852 0 0
SERVICESOURCE INTL LLC COM 81763U100 3,248 1,005,474 SH   SOLE   1,005,474 0 0
SPARK NETWORKS INC COM 84651P100 2,116 455,939 SH   SOLE   455,939 0 0
SWS GROUP INC COM 78503N107 83 12,054 SH   SOLE   12,054 0 0
THESTREET INC COM 88368Q103 6,902 3,081,118 SH   SOLE   3,081,118 0 0
TWO HBRS INVT CORP COM 90187B101 251 26,000 SH   SOLE   26,000 0 0
URANERZ ENERGY CORP COM 91688T104 3,967 3,606,059 SH   SOLE   3,606,059 0 0
W P CAREY INC COM 92936U109 976 15,300 SH   SOLE   15,300 0 0
WESTFIELD FINANCIAL INC NEW COM 96008P104 362 51,221 SH   SOLE   51,221 0 0
WEYERHAEUSER CO COM 962166104 153 4,816 SH   SOLE   4,816 0 0
POINTS INTL LTD COM NEW 730843208 11,154 640,308 SH   SOLE   640,308 0 0
PULSE ELECTRONICS CORP COM NEW 74586W205 626 463,726 SH   SOLE   463,726 0 0
SELECTICA INC COM NEW 816288203 2,132 355,920 SH   SOLE   355,920 0 0
UNITED ONLINE INC COM NEW 911268209 5,488 501,192 SH   SOLE   501,192 0 0
VITESSE SEMICONDUCTOR CORP COM NEW 928497304 6,630 1,841,559 SH   SOLE   1,841,559 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 481 17,929 SH   SOLE   17,929 0 0
POPE RES DEL LTD PARTNERSHIP DEPOSITRY RCPT 732857107 111 1,652 SH   SOLE   1,652 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 500 13,158 SH   SOLE   13,158 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 541 600,000 PRN   SOLE   600,000 0 0
SHIP FINANCE INTERNATIONAL L SHS G81075106 135 8,000 SH   SOLE   8,000 0 0
GLOBAL SHIP LEASE INC NEW SHS A Y27183105 1,297 323,454 SH   SOLE   323,454 0 0