| Tejon Ranch Co CMN(TRC) | COM | 879080109 | $95.6M | 2,600,000 | 43.7% |
| Saga Communication, Inc. CMN Class A(SGA) | COM | 786598300 | $63.1M | 1,253,757 | 28.8% |
| Barnes & Noble, Inc CMN | COM | 067774109 | $29.9M | 2,000,000 | 13.7% |
| Corning Incorporated CMN(GLW) | COM | 219350105 | $5.3M | 300,000 | 2.4% |
| Johnson Outdoors Inc CMN Class A(JOUT) | COM | 479167108 | $4.0M | 146,834 | 1.8% |
| Exco Resources Inc CMN | COM | 269279402 | $3.5M | 660,000 | 1.6% |
| Griffin Land & Nurseries CMN | COM | 398231100 | $3.3M | 98,817 | 1.5% |
| Emmis Communications Corp Cl-A Class A | COM | 291525103 | $2.5M | 945,000 | 1.2% |
| Orient-Express Hotels LTD CMN Class A | COM | G67743107 | $2.1M | 140,000 | 1.0% |
| WTS N Ranch Co. 40.0000 Exp08/31/2016 | WTS | 879080133 | $2.1M | 384,046 | 1.0% |
| Realnetworks Inc CMN | COM | 75605L708 | $1.7M | 225,000 | 0.8% |
| Hewlett-Packard Co. CMN | COM | 428236103 | $1.4M | 50,000 | 0.6% |
| Biota Pharmaceuticals Inc CMN | COM | 090694100 | $1.2M | 285,000 | 0.5% |
| BRT Realty Trust (Sbi)$3.00par CMN(BRT) | COM | 055645303 | $1.2M | 166,842 | 0.5% |
| Dolby Laboratories, Inc. CMN Class A(DLB) | COM | 25659T107 | $1.2M | 30,000 | 0.5% |
| Internet Patents Corp CMN | COM | 46063G101 | $328.0K | 105,000 | 0.1% |
| Emmis Communications Corp 6.25% Series A CVT Preferred PFD | CNV | 291525202 | $256.0K | 18,982 | 0.1% |
| RTS Fi-Aventis Exp12/31/2020 | RTS | 80105N113 | $170.0K | 500,000 | 0.1% |
| PUT @ 28 EXP 01/18/2014Put | PUT | 428236103 | $12.0K | 193 | 0.0% |