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
ASHLAND GLOBAL HLDGS INC COM 044186104 6,220 79,605 SH   OTR 1,2,3 0 79,605 0
BERRY GLOBAL GROUP INC COM 08579W103 3,503 65,036 SH   OTR 1,2,3 0 65,036 0
CAESARS ENTMT CORP COM 127686103 6,303 725,289 SH   OTR 1,2,3 0 725,289 0
CENTURYLINK INC COM 156700106 2,330 194,329 SH   OTR 1,2,3 0 194,329 0
COLONY CAP INC NEW CL A COM 19626G108 3,563 669,731 SH   OTR 1,2,3 0 669,731 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 10,189 213,011 SH   OTR 1,2,3 0 213,011 0
ISHARES TR 20 YR TR BD ETF 464287432 6,132 48,500 SH Put OTR 1,2,3 0 48,500 0
JASON INDS INC COM 471172106 374 267,316 SH   OTR 1,2,3 0 267,316 0
LOUISIANA PAC CORP COM 546347105 1,469 60,242 SH   OTR 1,2,3 0 60,242 0
MARRIOTT VACATIONS WRLDWDE C COM 57164Y107 15,979 170,901 SH   OTR 1,2,3 0 170,901 0
MDC PARTNERS INC CL A SUB VTG 552697104 5,882 2,614,027 SH   OTR 1,2,3 0 2,614,027 0
MEDLEY CAP CORP COM 58503F106 5,079 1,633,248 SH   OTR 1,2,3 0 1,633,248 0
OBSIDIAN ENERGY LTD COM 674482104 6,456 23,475,900 SH   OTR 1,2,3 0 23,475,900 0
OBSIDIAN ENERGY LTD COM 674482104 761 2,766,300 SH Call OTR 1,2,3 0 2,766,300 0
SENSIENT TECHNOLOGIES CORP COM 81725T100 53 781 SH   OTR 1,2,3 0 781 0