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        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
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          <BusinessNameLine1Txt>BRADLEY L RADOFF</BusinessNameLine1Txt>
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        <PhoneNum>7134822196</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>2727 KIRBY APT 29L</AddressLine1Txt>
          <CityNm>Houston</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>77098</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
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      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
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        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
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        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
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        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
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        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BRADLEY L RADOFF</PersonNm>
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            <CityNm>Houston</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77098</ZIPCd>
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          <TitleTxt>PRESIDENT AND DIRECTOR</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROSE RADOFF</PersonNm>
          <USAddress>
            <AddressLine1Txt>3122-2 MID LANE</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77027</ZIPCd>
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          <TitleTxt>VICE PRESIDENT, SECRETARY</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RUSSELL RADOFF</PersonNm>
          <USAddress>
            <AddressLine1Txt>2368 BOLSOVER</AddressLine1Txt>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
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          <TitleTxt>DIRECTOR</TitleTxt>
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      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>26897846</AverageMonthlyFMVOfSecAmt>
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        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
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        <CashDeemedCharitableAmt>448044</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>29421589</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>1471079</MinimumInvestmentReturnAmt>
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      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>1471079</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>132214</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>132214</TotalTaxAmt>
        <DistributableBeforeAdjAmt>1338865</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>1338865</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>1338865</DistributableAsAdjustedAmt>
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      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>991800</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
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        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>991800</QualifyingDistributionsAmt>
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      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>1338865</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>957561</UndistributedIncomePYAmt>
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        <PriorYear2Yr>2021</PriorYear2Yr>
        <PriorYear3Yr>2020</PriorYear3Yr>
        <ExcessDistributionCyovYr1Amt>0</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>991800</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>957561</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>34239</AppliedToCurrentYearAmt>
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        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>1304626</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>0</ExcessFromCurrentYearAmt>
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        <ContributingManagerNm>BRADLEY L RADOFF</ContributingManagerNm>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEE STATEMENT ATTACHED</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>SEE STATEMENT ATTACHED</AddressLine1Txt>
            <CityNm>SEE STATEMENT ATTACHED</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77027</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE - 501(c)(3) organization</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL</GrantOrContributionPurposeTxt>
          <Amt>960000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>960000</TotalGrantOrContriPdDurYrAmt>
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      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
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          <ExclusionAmt>124179</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>361419</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncomeGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>9026583</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <OtherRevenueDescribedGrp>
          <Desc>OTHER INCOME</Desc>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>125</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>FOREIGN CURRENCY EXCHANGE GAIN</Desc>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>2622</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>9514928</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>9514928</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
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    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
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        <DisbursementsCharitablePrpsAmt>31800</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpBondsSchedule documentId="InvestCorpBondsSch">
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        <BondNm>GEOKINETICS DEBT</BondNm>
        <EOYBookValueAmt>19535</EOYBookValueAmt>
        <EOYFMVAmt>19535</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>2,750 SHS GEOKINETICS INC REST</StockNm>
        <EOYBookValueAmt>293218</EOYBookValueAmt>
        <EOYFMVAmt>293218</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>60,800 SHS BLUEROCK HOMES TRUS</StockNm>
        <EOYBookValueAmt>1013216</EOYBookValueAmt>
        <EOYFMVAmt>761216</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>40,000 SHS ARQ INC</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>240,000 SHS LIBERATED SYNDICAT</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>4,300 SHS BIGLARI HOLDINGS INC</StockNm>
        <EOYBookValueAmt>889867</EOYBookValueAmt>
        <EOYFMVAmt>1256503</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>38,758 SHS CRYO CELL INTERNATI</StockNm>
        <EOYBookValueAmt>313632</EOYBookValueAmt>
        <EOYFMVAmt>201154</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>976,800 SHS LAMINGTON ROAD GRA</StockNm>
        <EOYBookValueAmt>102005</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>125,000 SHS FARMER BROTHERS CO</StockNm>
        <EOYBookValueAmt>661803</EOYBookValueAmt>
        <EOYFMVAmt>171250</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>69,500 SHS ELECTROMED INC</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>53,618 SHS ATEA PHARMACEUTICAL</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>225,000 SHS CONDUENT INC</StockNm>
        <EOYBookValueAmt>517751</EOYBookValueAmt>
        <EOYFMVAmt>594000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>25,100 SHS GUARDION HEALTH SCI</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>447,623 SHS DIRTT ENVIRONMENTA</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>20,000 SHS FITLIFE BRANDS, INC</StockNm>
        <EOYBookValueAmt>58324</EOYBookValueAmt>
        <EOYFMVAmt>260400</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>430,000 SHS ENZO BIOCHEM INC</StockNm>
        <EOYBookValueAmt>1427845</EOYBookValueAmt>
        <EOYFMVAmt>291540</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>25,728 SHS LIFEVANTAGE CORP</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>7,865,074 SHS PHAROS ENERGY</StockNm>
        <EOYBookValueAmt>2205139</EOYBookValueAmt>
        <EOYFMVAmt>2214388</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>310,000 SHS PITNEY-BOWES INC</StockNm>
        <EOYBookValueAmt>2801571</EOYBookValueAmt>
        <EOYFMVAmt>3382100</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>100,385 SATSUMA PHARMACEUTICAL</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1,879,344 SHS SESEN BIO, INC</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>170,000 SHS ENTRAVISION COMMUN</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>325,000 SHS KVH INDUSTRIES INC</StockNm>
        <EOYBookValueAmt>1589635</EOYBookValueAmt>
        <EOYFMVAmt>1732250</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>30,000 SHS LUXFER HOLDINGS PLC</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>280,000 SHS NEKTAR THERAPEUTIC</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>10,500 SHS PHENIXFIN CORPORATI</StockNm>
        <EOYBookValueAmt>404663</EOYBookValueAmt>
        <EOYFMVAmt>531825</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>65,000 SHS PRIORITY TECHNOLOGY</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>8,499 SHS RIVERSTONE ENERGY LT</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>341,000 SHS ROCKY MOUNTAIN CHO</StockNm>
        <EOYBookValueAmt>721246</EOYBookValueAmt>
        <EOYFMVAmt>480810</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>6,878 SHS SIGMATRON INTERNATIO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>150,000 SHS SPRUCE BIOSCIENCES</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>15,000 SHS TEAM INC</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>100,000 SHS TIDEWATER MIDSTREA</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>32,096 SHS UNIVERSAL ELECTRONI</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>220,000 SHS UPHEALTH INC</StockNm>
        <EOYBookValueAmt>227764</EOYBookValueAmt>
        <EOYFMVAmt>44</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>185,000 SHS AMARIN CORPORATION</StockNm>
        <EOYBookValueAmt>1782500</EOYBookValueAmt>
        <EOYFMVAmt>3000700</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>60,000 SHS ASCENT INDUSTRIES</StockNm>
        <EOYBookValueAmt>700660</EOYBookValueAmt>
        <EOYFMVAmt>756600</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>20,000 SHS ASTRONOVA INC</StockNm>
        <EOYBookValueAmt>184972</EOYBookValueAmt>
        <EOYFMVAmt>231800</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>4,000 SHS BK TECHNOLOGIES CORP</StockNm>
        <EOYBookValueAmt>117200</EOYBookValueAmt>
        <EOYFMVAmt>188520</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>210,000 SHS CLARUS CORP</StockNm>
        <EOYBookValueAmt>734077</EOYBookValueAmt>
        <EOYFMVAmt>728700</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>33,200 SHS FRANKLIN STREET PRO</StockNm>
        <EOYBookValueAmt>60132</EOYBookValueAmt>
        <EOYFMVAmt>54448</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>245,000 SHS IDENTIV INC</StockNm>
        <EOYBookValueAmt>863835</EOYBookValueAmt>
        <EOYFMVAmt>798700</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>50,000 SHS JANUS HENDERSON</StockNm>
        <EOYBookValueAmt>2523573</EOYBookValueAmt>
        <EOYFMVAmt>2537500</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>55,000 SHS MATTHEWS INTL CORP</StockNm>
        <EOYBookValueAmt>1151485</EOYBookValueAmt>
        <EOYFMVAmt>1315050</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>132,500 SHS MYERS INDUSTRIES</StockNm>
        <EOYBookValueAmt>1611549</EOYBookValueAmt>
        <EOYFMVAmt>1919925</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>111,500 SHS NEUROMETRIX INC</StockNm>
        <EOYBookValueAmt>10035</EOYBookValueAmt>
        <EOYFMVAmt>10035</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>100 SHS OPTEX SYSTEMS HOLDINGS</StockNm>
        <EOYBookValueAmt>806</EOYBookValueAmt>
        <EOYFMVAmt>1149</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>118,321 SHS PSYCHEMEDICS CORP</StockNm>
        <EOYBookValueAmt>270131</EOYBookValueAmt>
        <EOYFMVAmt>265039</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>190,000 SHS SEER INC</StockNm>
        <EOYBookValueAmt>367097</EOYBookValueAmt>
        <EOYFMVAmt>406600</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>345,000 SHS SUNLINK HEALTH SYS</StockNm>
        <EOYBookValueAmt>337513</EOYBookValueAmt>
        <EOYFMVAmt>303600</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>247,500 SHS TREDEGAR CORP</StockNm>
        <EOYBookValueAmt>1967588</EOYBookValueAmt>
        <EOYFMVAmt>2178000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>128,149 SHS UBS SELECT GOVT</StockNm>
        <EOYBookValueAmt>128150</EOYBookValueAmt>
        <EOYFMVAmt>128164</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssetsScheduleGrp>
        <Desc>STEEL PARTNERS HOLDINGS LP</Desc>
        <BOYBookValueAmt>189570</BOYBookValueAmt>
        <EOYBookValueAmt>469608</EOYBookValueAmt>
        <EOYFMVAmt>593250</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreasesDetail>
        <Desc>PRIOR PERIOD ADJUSTMENT</Desc>
        <Amt>189570</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>3109</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3109</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>35</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>35</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>Other income</Desc>
        <RevenueAndExpensesPerBooksAmt>125</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>125</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>FOREIGN CURRENCY EXCHANGE GAIN</Desc>
        <RevenueAndExpensesPerBooksAmt>2622</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2622</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>177637</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>