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
A MARK PRECIOUS METALS INC COM 00181T107 128 7,500 SH   SOLE   7,500 0 0
ALLIANCE HEALTHCARE SRVCS IN COM PAR 018606301 5,161 503,498 SH   SOLE   503,498 0 0
AMERCO COM 023586100 561 1,473 SH   SOLE   1,473 0 0
ANTERO RES CORP COM 03674X106 2,124 93,110 SH   SOLE   93,110 0 0
AROTECH CORP COM NEW 042682203 3,479 1,179,465 SH   SOLE   1,179,465 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 825 1,086,000 PRN   SOLE   1,086,000 0 0
AXALTA COATING SYS LTD COM G0750C108 2,835 88,031 SH   SOLE   88,031 0 0
B RILEY FINL INC COM 05580M108 1,096 73,091 SH   SOLE   73,091 0 0
BAKER HUGHES INC COM 057224107 2,749 45,949 SH   SOLE   45,949 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 4,747 19 SH   SOLE   19 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,780 10,680 SH   SOLE   10,680 0 0
BIOTELEMETRY INC COM 090672106 26,396 911,779 SH   SOLE   911,779 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 609 36,872 SH   SOLE   36,872 0 0
BLUE BIRD CORP COM 095306106 8,038 468,692 SH   SOLE   468,692 0 0
BROWN FORMAN CORP CL B 115637209 598 12,950 SH   SOLE   12,950 0 0
BUILD A BEAR WORKSHOP COM 120076104 7,020 793,261 SH   SOLE   793,261 0 0
CARBONITE INC COM 141337105 4,478 220,576 SH   SOLE   220,576 0 0
CARROLS RESTAURANT GROUP INC COM 14574X104 16,027 1,132,647 SH   SOLE   1,132,647 0 0
CHART INDS INC COM PAR $0.01 16115Q308 576 16,486 SH   SOLE   16,486 0 0
CHART INDS INC NOTE 2.000% 8/0 16115QAC4 988 1,000,000 PRN   SOLE   1,000,000 0 0
CHERRY HILL MTG INVT CORP COM 164651101 325 19,003 SH   SOLE   19,003 0 0
CRAFT BREW ALLIANCE INC COM 224122101 1,906 142,763 SH   SOLE   142,763 0 0
CSW INDUSTRIALS INC COM 126402106 684 18,651 SH   SOLE   18,651 0 0
DIGIRAD CORP COM 253827109 6,204 1,170,587 SH   SOLE   1,170,587 0 0
EHEALTH INC COM 28238P109 11,033 916,364 SH   SOLE   916,364 0 0
EVINE LIVE INC CL A 300487105 1,649 1,287,996 SH   SOLE   1,287,996 0 0
EXTERRAN CORP COM 30227H106 15,289 486,122 SH   SOLE   486,122 0 0
FIRST NORTHWEST BANCORP COM 335834107 334 21,547 SH   SOLE   21,547 0 0
GREAT ELM CAP GROUP INC COM NEW 39036P209 856 259,299 SH   SOLE   259,299 0 0
HALCON RES CORP COM PAR NEW 40537Q605 2,010 260,998 SH   SOLE   260,998 0 0
HEALTH INS INNOVATIONS INC COM CL A 42225K106 17,833 1,114,533 SH   SOLE   1,114,533 0 0
HERITAGE CRYSTAL CLEAN INC COM 42726M106 2,594 189,307 SH   SOLE   189,307 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 565 17,929 SH   SOLE   17,929 0 0
HUDSON GLOBAL INC COM 443787106 2,545 2,019,822 SH   SOLE   2,019,822 0 0
HUTTIG BLDG PRODS INC COM 448451104 1,061 130,386 SH   SOLE   130,386 0 0
I D SYSTEMS INC COM 449489103 7,591 1,199,190 SH   SOLE   1,199,190 0 0
JERNIGAN CAP INC COM 476405105 3,335 144,747 SH   SOLE   144,747 0 0
LENDINGCLUB CORP COM 52603A109 8,506 1,549,426 SH   SOLE   1,549,426 0 0
LIBERTY TAX INC CL A 53128T102 1,997 140,154 SH   SOLE   140,154 0 0
NETWORK 1 TECHNOLOGIES INC COM 64121N109 1,992 410,704 SH   SOLE   410,704 0 0
NORTH AMERN ENERGY PARTNERS COM 656844107 12,667 2,558,901 SH   SOLE   2,558,901 0 0
PERMA PIPE INTL HLDGS INC COM 714167103 2,682 337,308 SH   SOLE   337,308 0 0
PGT INNOVATIONS INC COM 69336V101 3,197 297,416 SH   SOLE   297,416 0 0
POINTS INTL LTD COM NEW 730843208 7,462 966,556 SH   SOLE   966,556 0 0
PRGX GLOBAL INC COM NEW 69357C503 4,173 652,043 SH   SOLE   652,043 0 0
PRIMO WTR CORP COM 74165N105 10 758 SH   SOLE   758 0 0
QUINSTREET INC COM 74874Q100 2,513 644,353 SH   SOLE   644,353 0 0
RETRACTABLE TECHNOLOGIES INC COM 76129W105 148 133,410 SH   SOLE   133,410 0 0
RIGHTSIDE GROUP LTD COM 76658B100 16,912 1,704,805 SH   SOLE   1,704,805 0 0
RIGNET INC COM 766582100 7,272 339,028 SH   SOLE   339,028 0 0
RING ENERGY INC COM 76680V108 19,122 1,767,301 SH   SOLE   1,767,301 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 10,182 550,687 SH   SOLE   550,687 0 0
SERVICEMASTER GLOBAL HLDGS I COM 81761R109 179 4,299 SH   SOLE   4,299 0 0
SERVICESOURCE INTL INC COM 81763U100 4,078 1,051,040 SH   SOLE   1,051,040 0 0
SERVICESOURCE INTL INC NOTE 1.500% 8/0 81763UAB6 965 1,000,000 PRN   SOLE   1,000,000 0 0
SIENTRA INC COM 82621J105 9,595 1,139,571 SH   SOLE   1,139,571 0 0
STEEL PARTNERS HLDGS L P LTD PRTRSHIP U 85814R107 844 43,973 SH   SOLE   43,973 0 0
THESTREET INC COM 88368Q103 2,568 3,378,347 SH   SOLE   3,378,347 0 0
U.S. AUTO PARTS NETWORK INC COM 90343C100 2,804 836,920 SH   SOLE   836,920 0 0
UNICO AMERN CORP COM 904607108 455 47,645 SH   SOLE   47,645 0 0
VALSPAR CORP COM 920355104 527 4,748 SH   SOLE   4,748 0 0
VERACYTE INC COM 92337F107 14,706 1,601,960 SH   SOLE   1,601,960 0 0
VIRTUS INVT PARTNERS INC COM 92828Q109 550 5,190 SH   SOLE   5,190 0 0
VIRTUS INVT PARTNERS INC PFD CV SER D 92828Q208 409 4,170 SH   SOLE   4,170 0 0
VOLT INFORMATION SCIENCES IN COM 928703107 5,442 788,690 SH   SOLE   788,690 0 0
WHITEWAVE FOODS CO COM 966244105 515 9,178 SH   SOLE   9,178 0 0
YUME INC COM 98872B104 6,939 1,696,461 SH   SOLE   1,696,461 0 0