| Tejon Ranch Co CMN(TRC) | COM | 879080109 | $88.0M | 2,600,000 | 40.0% |
| Saga Communication, Inc. CMN Class A(SGA) | COM | 786598300 | $62.0M | 1,247,838 | 28.2% |
| Barnes & Noble, Inc CMN | COM | 067774109 | $41.8M | 2,000,000 | 19.0% |
| Corning Incorporated CMN(GLW) | COM | 219350105 | $4.4M | 210,000 | 2.0% |
| Johnson Outdoors Inc CMN Class A(JOUT) | COM | 479167108 | $3.7M | 143,694 | 1.7% |
| Griffin Land & Nurseries CMN | COM | 398231100 | $3.0M | 100,000 | 1.4% |
| Emmis Communications Corp Cl-A Class A | COM | 291525103 | $3.0M | 940,000 | 1.4% |
| Exco Resources Inc CMN | COM | 269279402 | $2.8M | 492,483 | 1.3% |
| Occidental Petroleum Corp CMN(OXY) | COM | 674599105 | $2.4M | 25,000 | 1.1% |
| Orient-Express Hotels LTD CMN Class A | COM | G67743107 | $1.9M | 130,000 | 0.9% |
| Realnetworks Inc CMN | COM | 75605L708 | $1.7M | 225,000 | 0.8% |
| WTS N Ranch Co. 40.0000 Exp08/31/2016 | WTS | 879080133 | $1.4M | 384,046 | 0.6% |
| BRT Realty Trust (Sbi)$3.00par CMN(BRT) | COM | 055645303 | $1.2M | 166,842 | 0.5% |
| Biota Pharmaceuticals Inc CMN | COM | 090694100 | $855.0K | 140,000 | 0.4% |
| Dolby Laboratories, Inc. CMN Class A(DLB) | COM | 25659T107 | $445.0K | 10,000 | 0.2% |
| Internet Patents Corp CMN | COM | 46063G101 | $347.0K | 105,000 | 0.2% |
| Martha Stewart Living Omnimedia Inc Cl-A Class A | COM | 573083102 | $320.0K | 70,691 | 0.1% |
| Emmis Communications Corp 6.25% Series A CVT Preferred PFD | CNV | 291525202 | $285.0K | 18,982 | 0.1% |
| RTS Fi-Aventis Exp12/31/2020 | RTS | 80105N113 | $140.0K | 450,000 | 0.1% |
| Tecumseh Products Co Class B | COM | 878895101 | $124.0K | 18,200 | 0.1% |