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 124 7,500 SH   SOLE   7,500 0 0
AMERCO COM 023586100 552 1,473 SH   SOLE   1,473 0 0
AROTECH CORP COM NEW 042682203 7,435 1,770,162 SH   SOLE   1,770,162 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 860 1,086,000 PRN   SOLE   1,086,000 0 0
B RILEY FINL INC COM 05580M108 931 54,591 SH   SOLE   54,591 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 5,220 19 SH   SOLE   19 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,958 10,680 SH   SOLE   10,680 0 0
BIOTELEMETRY INC COM 090672106 15,120 458,183 SH   SOLE   458,183 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 908 52,375 SH   SOLE   52,375 0 0
BROWN FORMAN CORP CL B 115637209 703 12,950 SH   SOLE   12,950 0 0
BUILD A BEAR WORKSHOP COM 120076104 6,540 714,802 SH   SOLE   714,802 0 0
CARROLS RESTAURANT GROUP INC COM 14574X104 18,126 1,662,944 SH   SOLE   1,662,944 0 0
CHART INDS INC NOTE 2.000% 8/0 16115QAC4 996 1,000,000 PRN   SOLE   1,000,000 0 0
CHERRY HILL MTG INVT CORP COM 164651101 523 28,873 SH   SOLE   28,873 0 0
CRAFT BREW ALLIANCE INC COM 224122101 12,506 712,603 SH   SOLE   712,603 0 0
CSW INDUSTRIALS INC COM 126402106 827 18,651 SH   SOLE   18,651 0 0
DESTINATION XL GROUP INC COM 25065K104 3,502 1,843,251 SH   SOLE   1,843,251 0 0
DIGIRAD CORP COM 253827109 4,441 1,287,381 SH   SOLE   1,287,381 0 0
EHEALTH INC COM 28238P109 33,299 1,393,866 SH   SOLE   1,393,866 0 0
EXTERRAN CORP COM 30227H106 12,060 381,516 SH   SOLE   381,516 0 0
FIRST NORTHWEST BANCORP COM 335834107 583 34,076 SH   SOLE   34,076 0 0
GREAT ELM CAP GROUP INC COM NEW 39036P209 921 259,299 SH   SOLE   259,299 0 0
HEALTH INS INNOVATIONS INC COM CL A 42225K106 15,058 1,038,467 SH   SOLE   1,038,467 0 0
HERITAGE CRYSTAL CLEAN INC COM 42726M106 8,764 402,947 SH   SOLE   402,947 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 511 17,929 SH   SOLE   17,929 0 0
HUDSON GLOBAL INC COM 443787106 2,949 2,019,822 SH   SOLE   2,019,822 0 0
HUTTIG BLDG PRODS INC COM 448451104 8,791 1,245,156 SH   SOLE   1,245,156 0 0
I D SYSTEMS INC COM 449489103 12,777 1,701,315 SH   SOLE   1,701,315 0 0
INTERNAP CORP COM PAR $.001 45885A300 7,832 1,800,355 SH   SOLE   1,800,355 0 0
JERNIGAN CAP INC COM 476405105 2,812 136,835 SH   SOLE   136,835 0 0
KINDRED BIOSCIENCES INC COM 494577109 1,541 196,318 SH   SOLE   196,318 0 0
LIBERTY TAX INC CL A 53128T102 9,897 687,271 SH   SOLE   687,271 0 0
LIMELIGHT NETWORKS INC COM 53261M104 4,228 1,064,893 SH   SOLE   1,064,893 0 0
MAGICJACK VOCALTEC LTD SHS M6787E101 6,092 851,973 SH   SOLE   851,973 0 0
MANITEX INTL INC COM 563420108 81 9,000 SH   SOLE   9,000 0 0
MONEYGRAM INTL INC COM NEW 60935Y208 92 5,705 SH   SOLE   5,705 0 0
NETWORK 1 TECHNOLOGIES INC COM 64121N109 1,655 429,988 SH   SOLE   429,988 0 0
NORTH AMERN ENERGY PARTNERS COM 656844107 12,382 2,846,512 SH   SOLE   2,846,512 0 0
PENDRELL CORP CL A NEW 70686R302 945 138,297 SH   SOLE   138,297 0 0
PERMA PIPE INTL HLDGS INC COM 714167103 3,989 469,300 SH   SOLE   469,300 0 0
PGT INNOVATIONS INC COM 69336V101 1,873 125,257 SH   SOLE   125,257 0 0
POINTS INTL LTD COM NEW 730843208 7,722 677,376 SH   SOLE   677,376 0 0
POPE RES DEL LTD PARTNERSHIP DEPOSITRY RCPT 732857107 882 12,537 SH   SOLE   12,537 0 0
PRGX GLOBAL INC COM NEW 69357C503 7,117 1,016,693 SH   SOLE   1,016,693 0 0
PRIMO WTR CORP COM 74165N105 20 1,686 SH   SOLE   1,686 0 0
PURE STORAGE INC CL A 74624M102 814 50,884 SH   SOLE   50,884 0 0
RIGNET INC COM 766582100 258 15,000 SH   SOLE   15,000 0 0
RING ENERGY INC COM 76680V108 27,393 1,890,503 SH   SOLE   1,890,503 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 10,916 543,354 SH   SOLE   543,354 0 0
SERVICESOURCE INTL INC COM 81763U100 1,507 435,558 SH   SOLE   435,558 0 0
SERVICESOURCE INTL INC NOTE 1.500% 8/0 81763UAB6 974 1,000,000 PRN   SOLE   1,000,000 0 0
SIENTRA INC COM 82621J105 18,868 1,225,195 SH   SOLE   1,225,195 0 0
STEEL PARTNERS HLDGS L P LTD PRTRSHIP U 85814R107 807 43,973 SH   SOLE   43,973 0 0
TERRAFORM GLOBAL INC CL A 88104M101 97 20,408 SH   SOLE   20,408 0 0
THESTREET INC COM 88368Q103 3,096 2,866,303 SH   SOLE   2,866,303 0 0
TRIPADVISOR INC COM 896945201 2,229 54,984 SH   SOLE   54,984 0 0
U.S. AUTO PARTS NETWORK INC COM 90343C100 3,676 1,271,876 SH   SOLE   1,271,876 0 0
VERACYTE INC COM 92337F107 14,588 1,663,407 SH   SOLE   1,663,407 0 0
VIRTUS INVT PARTNERS INC PFD CV SER D 92828Q208 1,094 10,570 SH   SOLE   10,570 0 0
VOLT INFORMATION SCIENCES IN COM 928703107 2,806 890,896 SH   SOLE   890,896 0 0
WEYERHAEUSER CO COM 962166104 694 20,386 SH   SOLE   20,386 0 0
XCERRA CORP COM 98400J108 99 10,012 SH   SOLE   10,012 0 0
YUME INC COM 98872B104 4,394 949,048 SH   SOLE   949,048 0 0