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
AG MTG INVT TR INC COM 001228105 1,617 94,486 SH   SOLE   94,486 0 0
ALEXION PHARMACEUTICALS INC COM 001228105 428 3,500 SH   SOLE   3,500 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 743 8,460 SH   SOLE   8,460 0 0
ALPHABET INC CAP STK CL C 02079K107 2,958 3,832 SH   SOLE   3,832 0 0
ALTISOURCE ASSET MGMT CORP COM 02153X108 412 7,706 SH   SOLE   7,706 0 0
ALTISOURCE RESIDENTIAL CORP CL B 02153W100 2,925 264,925 SH   SOLE   264,925 0 0
APPLE INC COM 037833100 2,440 21,070 SH   SOLE   21,070 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 335 12,279 SH   SOLE   12,279 0 0
AVINGER INC COM 053734109 74 20,000 SH   SOLE   20,000 0 0
BAIDU INC SPON ADR REP A 056752108 1,024 6,229 SH   SOLE   6,229 0 0
BIOGEN INC COM 09062X103 2,382 8,400 SH   SOLE   8,400 0 0
BLUEBIRD BIO INC COM 09609G100 346 5,600 SH   SOLE   5,600 0 0
CITIGROUP INC COM NEW 172967424 2,581 43,431 SH   SOLE   43,431 0 0
CLIFFS NAT RES INC COM 18683K101 102 12,114 SH   SOLE   12,114 0 0
COLONY CAP INC CL A 19624R106 2,001 98,800 SH   SOLE   98,800 0 0
EMERGENT CAP INC COM 29102N105 104 86,341 SH   SOLE   86,341 0 0
EQUUS TOTAL RETURN INC COM 294766100 65 32,573 SH   SOLE   32,573 0 0
GENERAL MOLY INC COM 370373102 5 20,895 SH   SOLE   20,895 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 289 16,814 SH   SOLE   16,814 0 0
GENERAL MTRS CO COM 37045V100 4,780 137,204 SH   SOLE   137,204 0 0
GRAN TIERRA ENERGY INC COM 38500T101 139 45,936 SH   SOLE   45,936 0 0
IAC INTERACTIVECORP COM 44919P508 606 9,351 SH   SOLE   9,351 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 2,959 195,800 SH   SOLE   195,800 0 0
ISHARES TR HDG MSCI GERMN 46434V704 2,495 96,542 SH   SOLE   96,542 0 0
LEJU HLDGS LTD SPONSORED ADS 50187J108 44 9,225 SH   SOLE   9,225 0 0
MECHEL PAO SPON ADR PFD 583840509 50 44,298 SH   SOLE   44,298 0 0
MGIC INVT CORP WIS COM 552848103 383 37,565 SH   SOLE   37,565 0 0
MICRON TECHNOLOGY INC COM 595112103 1,096 50,000 SH   SOLE   50,000 0 0
NORTHSTAR RLTY FIN CORP COM 66704R803 3,682 243,048 SH   SOLE   243,048 0 0
PENNYMAC MTG INVT TR COM 70931T103 1,949 119,089 SH   SOLE   119,089 0 0
PERRIGO CO PLC SHS G97822103 583 7,000 SH   SOLE   7,000 0 0
PICO HLDGS INC COM NEW 693366205 205 13,505 SH   SOLE   13,505 0 0
PLATFORM SPECIALTY PRODS COR COM 72766Q105 189 19,293 SH   SOLE   19,293 0 0
SCORPIO BULKERS INC COM Y7546A122 557 110,315 SH   SOLE   110,315 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 282 14,877 SH   SOLE   14,877 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 27,232 121,827 SH   SOLE   121,827 0 0
ST JUDE MED INC COM 790849103 984 12,275 SH   SOLE   12,275 0 0
UCP INC CL A 90265Y106 462 38,855 SH   SOLE   38,855 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 511 35,165 SH   SOLE   35,165 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 491 23,481 SH   SOLE   23,481 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 750 23,761 SH   SOLE   23,761 0 0
WALTER INVT MGMT CORP COM 93317W102 285 60,000 SH   SOLE   60,000 0 0