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 92 7,500 SH   SOLE   7,500 0 0
AROTECH CORP COM NEW 042682203 5,543 1,817,418 SH   SOLE   1,817,418 0 0
ASCENT CAP GROUP INC NOTE 4.00% 7/1 043632AA6 808 1,086,000 PRN   SOLE   1,086,000 0 0
AVID TECHNOLOGY INC NOTE 2.00% 6/1 05367PAB6 1,334 1,600,000 PRN   SOLE   1,600,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 5,982 20 SH   SOLE   20 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 4,029 20,197 SH   SOLE   20,197 0 0
BIOTELEMETRY INC COM 090672106 9,648 310,731 SH   SOLE   310,731 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 867 52,375 SH   SOLE   52,375 0 0
BUILD A BEAR WORKSHOP COM 120076104 8,251 901,727 SH   SOLE   901,727 0 0
CARROLS RESTAURANT GROUP INC COM 14574X104 17,584 1,569,996 SH   SOLE   1,569,996 0 0
CHART INDS INC NOTE 2.00% 8/0 16115QAC4 1,015 1,000,000 PRN   SOLE   1,000,000 0 0
CHERRY HILL MTG INVT CORP COM 164651101 506 28,873 SH   SOLE   28,873 0 0
CRAFT BREW ALLIANCE INC COM 224122101 13,627 732,645 SH   SOLE   732,645 0 0
CSW INDUSTRIALS INC COM 126402106 840 18,651 SH   SOLE   18,651 0 0
DEL TACO RESTAURANTS INC COM 245496104 9,568 923,525 SH   SOLE   923,525 0 0
DEL TACO RESTAURANTS INC *W EXP 06/30/202 245496112 305 132,571 SH   SOLE   132,571 0 0
DESTINATION XL GROUP INC COM 25065K104 6,376 3,643,387 SH   SOLE   3,643,387 0 0
DIGIRAD CORP COM 253827109 3,351 2,161,742 SH   SOLE   2,161,742 0 0
EHEALTH INC COM 28238P109 16,684 1,165,882 SH   SOLE   1,165,882 0 0
EXTERRAN CORP COM 30227H106 8,945 335,033 SH   SOLE   335,033 0 0
FIRST NORTHWEST BANCORP COM 335834107 576 34,076 SH   SOLE   34,076 0 0
GREAT ELM CAP GROUP INC COM NEW 39036P209 1,037 259,299 SH   SOLE   259,299 0 0
HEALTH INS INNOVATIONS INC COM CL A 42225K106 21,273 736,093 SH   SOLE   736,093 0 0
HERITAGE CRYSTAL CLEAN INC COM 42726M106 14,367 610,064 SH   SOLE   610,064 0 0
HORIZON GLOBAL CORP NOTE 2.750% 7/0 44052WAA2 246 300,000 PRN   SOLE   300,000 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 454 17,929 SH   SOLE   17,929 0 0
HUDSON GLOBAL INC COM 443787106 3,904 2,012,403 SH   SOLE   2,012,403 0 0
HUTTIG BLDG PRODS INC COM 448451104 6,538 1,250,000 SH   SOLE   1,250,000 0 0
I D SYSTEMS INC COM 449489103 10,597 1,703,745 SH   SOLE   1,703,745 0 0
INDEPENDENCE HLDG CO NEW COM NEW 453440307 1,950 54,690 SH   SOLE   54,690 0 0
INTERNAP CORP COM PAR 45885A409 9,627 875,208 SH   SOLE   875,208 0 0
INVUITY INC COM NEW 46187J205 4,235 1,100,000 SH   SOLE   1,100,000 0 0
JERNIGAN CAP INC COM 476405105 1,735 95,840 SH   SOLE   95,840 0 0
LEE ENTERPRISES INC COM 523768109 3,327 1,705,937 SH   SOLE   1,705,937 0 0
LIBERTY TAX INC CL A 53128T102 9,685 958,890 SH   SOLE   958,890 0 0
LIMELIGHT NETWORKS INC COM 53261M104 6,362 1,547,840 SH   SOLE   1,547,840 0 0
MANITEX INTL INC COM 563420108 852 74,530 SH   SOLE   74,530 0 0
MONEYGRAM INTL INC COM NEW 60935Y208 49 5,705 SH   SOLE   5,705 0 0
NETWORK 1 TECHNOLOGIES INC COM 64121N109 1,454 548,561 SH   SOLE   548,561 0 0
NUVECTRA CORP COM 67075N108 3,995 306,807 SH   SOLE   306,807 0 0
PERMA PIPE INTL HLDGS INC COM 714167103 5,217 573,273 SH   SOLE   573,273 0 0
PGT INNOVATIONS INC COM 69336V101 3,967 212,686 SH   SOLE   212,686 0 0
POINTS INTL LTD COM NEW 730843208 5,198 532,071 SH   SOLE   532,071 0 0
POPE RES DEL LTD PRTNRSHP DEPOSITRY RCPT 732857107 1,021 14,520 SH   SOLE   14,520 0 0
PRGX GLOBAL INC COM NEW 69357C503 6,248 661,184 SH   SOLE   661,184 0 0
RING ENERGY INC COM 76680V108 21,914 1,527,099 SH   SOLE   1,527,099 0 0
SAFEGUARD SCIENTIFICS INC COM NEW 786449207 813 66,355 SH   SOLE   66,355 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 8,912 614,211 SH   SOLE   614,211 0 0
SERVICESOURCE INTL INC COM 81763U100 3,941 1,034,274 SH   SOLE   1,034,274 0 0
SERVICESOURCE INTL INC NOTE 1.500% 8/0 81763UAB6 973 1,000,000 PRN   SOLE   1,000,000 0 0
SIENTRA INC COM 82621J105 11,191 1,158,485 SH   SOLE   1,158,485 0 0
SPARTON CORP COM 847235108 1,947 111,824 SH   SOLE   111,824 0 0
STEEL PARTNERS HLDGS L P LTD PRTRSHIP U 85814R107 787 43,973 SH   SOLE   43,973 0 0
THESTREET INC COM 88368Q103 5,003 2,794,999 SH   SOLE   2,794,999 0 0
U.S. AUTO PARTS NETWORK INC COM 90343C100 2,456 1,198,157 SH   SOLE   1,198,157 0 0
VERACYTE INC COM 92337F107 11,449 2,059,233 SH   SOLE   2,059,233 0 0
VIRTUS INVT PARTNERS INC PFD CV SER D 92828Q208 1,122 10,570 SH   SOLE   10,570 0 0
WEYERHAEUSER CO COM 962166104 1,274 36,386 SH   SOLE   36,386 0 0
XCERRA CORP COM 98400J108 117 10,012 SH   SOLE   10,012 0 0