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
ALJ REGIONAL HOLDINGS INC COM 001627108 280 63,790 SH   OTR   0 63,790 0
ALLERGAN PLC PFD CONV SER A G0177J116 2,688 3,525 SH   OTR   0 3,429 96
ALPHABET INC CAP STK CL A 02079K305 6,290 7,937 SH   OTR   0 7,777 160
ALPHABET INC CAP STK CL C 02079K107 7,785 10,086 SH   OTR   0 9,886 200
AMERICAN EXPRESS CO COM 025816109 805 10,860 SH   OTR   0 10,860 0
AMERICAN INTERNATIONAL GROUP COM NEW 026874784 914 14,000 SH   OTR   0 14,000 0
APACHE CORP COM 037411105 2,163 34,075 SH   OTR   0 34,075 0
APPLE INC COM 037833100 25,583 220,088 SH   OTR   0 216,309 4,579
AT&T INC COM 00206R102 2,684 63,099 SH   OTR   0 61,638 1,461
ATWOOD OCEANICS INC COM 050095108 4,988 379,900 SH   OTR   0 379,900 0
AVIS BUDGET GROUP COM 053774105 2,634 71,809 SH   OTR   0 70,209 1,600
BANK OF AMERICA CORP COM 060505104 4,115 186,200 SH   OTR   0 186,200 0
BARCLAYS PLC ADR 06738E204 639 58,100 SH   OTR   0 58,100 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 47,275 290,064 SH   OTR   0 283,281 6,783
BP PLC SPONSORED ADR 055622104 1,140 30,500 SH   OTR   0 30,500 0
BROOKFIELD ASSET MANAGEMENT CL A LTD VT SH 112585104 2,118 64,175 SH   OTR   0 61,675 2,500
CEMPRA INC COM 15130J109 123 44,000 SH   OTR   0 44,000 0
CHESAPEAKE ENERGY CORP COM 165167107 201 28,700 SH   OTR   0 28,700 0
CHICAGO BRIDGE & IRON CO N V COM 167250109 3,097 97,550 SH   OTR   0 96,850 700
CITIGROUP INC W EXP 01/04/2019 172967226 3 17,891 SH   OTR   0 17,891 0
COMCAST CORP NEW CL A 20030N101 6,988 101,198 SH   OTR   0 99,398 1,800
COMPUTER TASK GROUP INC COM 205477102 234 55,635 SH   OTR   0 55,635 0
COSTCO WHOLESALE CORP NEW COM 22160K105 758 4,732 SH   OTR   0 4,532 200
DEVON ENERGY CORP NEW COM 25179M103 683 14,950 SH   OTR   0 14,950 0
DISNEY WALT CO COM DISNEY 254687106 704 6,758 SH   OTR   0 6,758 0
ENCANA CORP COM 292505104 767 65,300 SH   OTR   0 65,300 0
EXCO RESOURCES INC COM 269279402 696 796,421 SH   OTR   0 796,421 0
EXXON MOBIL CORP COM 30231G102 268 2,967 SH   OTR   0 2,967 0
FOREST CITY REALTY TRUST INC COM CL A 345605109 2,268 108,835 SH   OTR   0 106,435 2,400
GENERAL ELECTRIC CO COM 369604103 587 18,586 SH   OTR   0 17,212 1,374
GOLDMAN SACHS GROUP INC COM 38141G104 4,944 20,648 SH   OTR   0 20,198 450
GRAMERCY PROPERTY TRUST COM 385002100 220 23,917 SH   OTR   0 21,525 2,392
HOPE BANCORP INC COM 43940T109 279 12,748 SH   OTR   0 12,748 0
HRG GROUP INC COM 40434J100 263 16,900 SH   OTR   0 16,900 0
INTERNATIONAL BUSINESS MACHINES COM 459200101 1,098 6,616 SH   OTR   0 6,616 0
J.P. MORGAN CHASE & CO COM 46625H100 5,674 65,755 SH   OTR   0 64,455 1,300
J.P. MORGAN CHASE & CO W EXP 10/28/2018 46634E114 2,151 48,595 SH   OTR   0 34,195 14,400
JOHNSON & JOHNSON COM 478160104 4,112 35,690 SH   OTR   0 34,690 1,000
LEUCADIA NATIONAL CORP COM 527288104 2,542 109,347 SH   OTR   0 109,347 0
LIBERTY MEDIA CORP DEL COM C BRAVES GRP 531229888 507 24,618 SH   OTR   0 24,469 149
LIBERTY BROADBAND CORP COM SER A 530307107 764 10,537 SH   OTR   0 10,417 120
LIBERTY BROADBAND CORP COM SER C 530307305 1,917 25,878 SH   OTR   0 25,579 299
LIBERTY GLOBAL PLC SHS CLASS A G5480U104 236 7,700 SH   OTR   0 7,700 0
LIBERTY GLOBAL PLC SHS CLASS C G5480U120 778 26,212 SH   OTR   0 23,450 2,762
LIBERTY GLOBAL PLC LILAC SHS CLASS A G5480U138 516 23,485 SH   OTR   0 23,485 0
LIBERTY GLOBAL PLC LILAC SHS CLASS C G5480U153 289 13,666 SH   OTR   0 13,184 482
LIBERTY INTERACTIVE CORP QVC GP COM SER A 53071M104 410 20,504 SH   OTR   0 20,504 0
LIBERTY MEDIA CORP DELAWARE COM A MEDIA GRP 531229854 326 10,388 SH   OTR   0 10,268 120
LIBERTY MEDIA CORP DELAWARE COM C MEDIA GRP 531229870 671 21,412 SH   OTR   0 21,169 243
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 1,438 41,660 SH   OTR   0 41,171 489
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 3,452 101,772 SH   OTR   0 100,394 1,378
LIBERTY TRIPADVISOR HLDGS IN COM SER A 531465102 2,421 160,834 SH   OTR   0 155,434 5,400
LIONS GATE ENTERTAINMENT CORP CL B NON VTG 535919500 616 25,110 SH   OTR   0 24,780 330
LIVE NATION ENTERTAINMENT IN COM 538034109 3,056 114,881 SH   OTR   0 111,247 3,634
LORAL SPACE & COMMUNICATIONS COM 543881106 1,608 39,170 SH   OTR   0 38,870 300
MCDONALDS CORP COM 580135101 375 3,081 SH   OTR   0 3,081 0
MEDIA GENERAL INC NEW COM 58441K100 1,004 53,300 SH   OTR   0 53,300 0
MERCURY GENERAL CORP NEW COM 589400100 829 13,770 SH   OTR   0 13,270 500
MICROSOFT CORP COM 594918104 6,430 103,475 SH   OTR   0 100,725 2,750
NEW YORK REIT INC COM 64976L109 2,822 278,836 SH   OTR   0 275,336 3,500
NEXEO SOLUTIONS INC COM SHS 65342H102 666 71,509 SH   OTR   0 71,509 0
NEXEO SOLUTIONS INC W EXP 06/09/2021 65342H110 268 382,769 SH   OTR   0 382,769 0
PAR PACIFIC HOLDINGS INC COM NEW 69888T207 225 15,500 SH   OTR   0 15,500 0
PFIZER INC COM 717081103 439 13,520 SH   OTR   0 13,065 455
PRICESMART INC COM 741511109 2,464 29,507 SH   OTR   0 27,957 1,550
RAND LOGISTICS INC COM 752182105 566 682,156 SH   OTR   0 682,156 0
READING INTERNATIONAL INC CL A 755408101 8,074 486,376 SH   OTR   0 469,887 16,489
RITE AID CORP COM 767754104 618 75,000 SH   OTR   0 75,000 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 3,131 156,095 SH   OTR   0 153,395 2,700
SIRIUS XM HOLDINGS INC COM 82968B103 70 15,805 SH   OTR   0 15,805 0
SUNLINK HEALTH SYSTEMS INC COM 86737U102 864 716,549 SH   OTR   0 716,549 0
SYNCHRONY FINANCIAL COM 87165B103 375 10,328 SH   OTR   0 9,671 657
TOTAL S A SPONSORED ADR 89151E109 226 4,425 SH   OTR   0 4,425 0
WAL-MART STORES INC COM 931142103 1,049 15,170 SH   OTR   0 15,170 0
WELLS FARGO & CO NEW PERP PRD CNV A 949746804 3,760 3,160 SH   OTR   0 3,115 45
WELLS FARGO & CO NEW W EXP 10/28/2018 949746119 14,537 681,535 SH   OTR   0 666,105 15,430
WYNDHAM WORLDWIDE CORP COM 98310W108 1,092 14,305 SH   OTR   0 13,605 700
ZOETIS INC CL A 98978V103 271 5,066 SH   OTR   0 4,923 143